Ed Naile, CNHT

Hear Ed Naile every Wednesday morning on WLMW 90.7 FM on the Girard at Large radio show or listen to the archives at Voter Fraud Radio

Moonbatenomics Part Two

I like Barney Frank because he is so “frank”.

Here is the esteemed moonbat Congressman from Ma. explaining the status of the two biggest reasons the US stock market has lost over 40% of its "value".


“These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis. The more people exaggerate these problems... the less we will see in terms of affordable housing.”

Congressman Barney Frank


And this part of an articles from the New York Times

September 11, 2003

New Agency Proposed to Oversee Freddie Mac and Fannie Mae


"The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.

The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.

The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac -- which together have issued more than $1.5 trillion in outstanding debt -- is broken. A report by outside investigators in July concluded that Freddie Mac manipulated its accounting to mislead investors, and critics have said Fannie Mae does not adequately hedge against rising interest rates.

''There is a general recognition that the supervisory system for housing-related government-sponsored enterprises neither has the tools, nor the stature, to deal effectively with the current size, complexity and importance of these enterprises,'' Treasury Secretary John W. Snow told the House Financial Services Committee in an appearance with Housing Secretary Mel Martinez, who also backed the plan. "

Oh my goodness, MANIPULATION  in the accounting of the affirmative action housing scam known as Fannie and Freddie by our liberal friends, who only wanted what was best for voters. I find this hard to believe. It almost sounds like one of those greedy corporations like Goldman Sachs or Enron.

What this situation needs is a good old fashioned investiagtion by Congress. Congressman Barney Frank could summon his old flame Herb Moses, former Fannie big wig, to testify before his committe as to how this all came about. I'll call Jerry Spinger to set it up.

I am certainly counting on Obama to help clean this mess up.

He is blessed with the Audacity of Vision and that is just what this situation begs for.



Some information about the terrorist attacks in India you may not get in the press right now:


My wife Debbie is a flight attendant and her company has flights into Mumbai. The flights originate out of Atlanta where she is based.


The Atlanta flights to Mumbai started November 1, so she has a schedule and has looked at those flights as part of her job. We have in the recent past talked about places she would or would not travel to as part of her employment and were never really interested in Mumbai.


That being said it is interesting to me that a target of the terrorists was a hotel her company contracts with for a set of rooms, at least 15, for rotating employees.


I think that if the terrorists who attacked so many locations at once in India were working with anyone involved with any hotel or had a way of knowing what rooms were contracted by any American firms it would show how sophisticated an operation it was. So far the news is terrorists were asking for passports of Americans and Brits.


From what my wife can tell looking at news reports and a company schedule, the incoming crew who would have been on their way to their rooms from the airport and may not have been there when the bombs exploded. The outgoing crew, from what we can discern had already left.


As we get details of this attack it may help to factor this type of information in, especially for people who travel internationally.


As a side note: my wife was headed to Boston to go to work on September 11, 2001 just hours after the hijacked planes leaving there had left.


Small, dangerous world.



Let us compare our NH self-made budget “crisis” with the US financial collapse we are currently supporting with an $8 billion or so taxpayer IOU life-support bailout. The debt shoveled onto American taxpayers to bail out banks that sold bundled Fannie Mae/Freddie Mac mortgages, which anyone with a brain knew were never going to be paid back, as assets is more than can be sustained in the real world. This real world consists of another Ponzi scheme known as Social Security, which comes to a screeching halt in about 2018 when it pays out more than it takes in.


Our Democrat Congress of Pelosi, Reid, Rangel and Frank have a self-created crisis of epic proportions to exploit in the name of larger government. Good for them. It is what they have worked for all their political careers. All they have to do is BORROW us into submission.


The socialist Democrats in Congress will blame their takeover of the mortgage industry, lending industry, car industry, or any other group looking for a handout on the failure of capitalism.


Tax and spend and elect Democrats will have more power to wield from DC as more entities take the money. Anyone who wants a handout will support them, donate to their campaigns, write glowing news stories about them, whatever keeps the money/power machine grinding along.


Here in NH our tax and spend Democrat majority is doing the same thing but coming from a different angle.


Our NH liberals are hell bent on SPENDING NH into an irretrievable debt which only more taxes, preferably in the form of broad-based taxes sent to their power base in Concord, can get us out of. It is more of a risky endeavor in NH since the governor wants a career framing him as a frugal master of our state budget – which is laughable to say the least.


But facts are still facts.


Under the fresh new Democrat approach to the 2008-9 $10.3 billion budget, the General Fund, the part that comes out of NH taxpayers pockets, $4.8 billion, increased by 17.5%. That is the largest increase in twenty years.


You will hear tax and spend moonbat legislators claim the budget only went up 11%. Sure, if you add in all the federal money we spend. It’s like the dropout rate in a school being arrived at by adding ALL students, including pre-school and kindergarten, rather than just the high school alone. Pad the total - lower the final figure, like the 11% is a sensible increase in itself.


Speaking of padding a budget.

The new Democrat approach to NH State Budgets allows for inventing revenue which everyone knows will never appear so as to offset the 17.5% spending spree. Oh the pent up desire to do good things with other people’s money. It was just too much for our NH libs left out in the cold for so long. They dove at the chance to spend like a big bass goes for a fat worm.


Now the moonbat job in NH is to try, by any means possible, to get voters to believe this NH SPENDING DEFICIT is the result of a bad national economy.


You know, the national Fannie Mae/Freddie Mac socialist experiment in giving mortgages to people who can not pay them back may off in a big way for NH Democrats if they can make this lie stick.


So I ask you NH taxpayers.


When is the last time a moonbat told you the truth?





It is rather interesting to watch the Messiah of CHANGE transition his new ideas and fresh approach to America's problems into  a weak mirror image of the former Clinton Administration.

Now we have an empty suit for a President-elect and it is apparent he has no secret wunderkind list of advisors to lean on for advice, nor new ideas to help him CHANGE America.

The real test for the community organizer is when the Clintonistas, Pelosi, Reid, and convicted felon George Soros decide to run the show themselves.

That test will be far worse than any thrown at him by either the economy or foreign events.

Who will the media side with?




What Never Happens Happened Again

State Rep. candidate Tom Keane of Bow set the record straight yesterday by following through on a request for a recount of his race in Bow/Dunbarton with a hand count of the ballots. I helped, along with a small band of Tom’s other friends.


If you have never been involved with a recount of machine ballots and may want to do so some day, here is what you are in for – a long suffering Kabuki Dance.


Tom Keane was suspicious of the end tally of totals from Bow and Dunbarton as well as the disposition of some of the absentee ballots. Tom he asked for a recount even though he lost by 58 votes, 1.01% of the total cast. A total of 58 votes are hard to make up in a recount of the ballots because there are often very few ballots where the intent of the voter may be in question.


So as is the silly tradition here in NH we dump out, in front of a slew of observers, the sealed ballot materials from election day and go through the motions of hand counting each and every one, which unless you won or lost by less that 10 votes is a waste of everyone’s time.


The quickest and easiest and probably most effective way to re-count would be to FIRST take the documents from election day, what I like to call tally sheets, and look for mathematical mistakes. WE don’t do that. No, we act as though the thousands of marked ballots hold some secret final number the machines and ballot clerks did not see when in fact it is in the Town Moderator’s ADDITION of the votes cast where you will often find problems.


From 1:00 PM to about 5:5:00 we went through the motions of counting all the ballots the machines and ballot clerks counted already, winding up with something like a 3 or 4 vote difference. Not quite the 58 Tom needed.


Ah, but when the totals of all votes counted were re-totaled there was a 70 vote difference. That would be 70 as in a 7 and a 0 side by side. And in the world of numbers 70 is larger than 58.


In this case the 70 vote difference seems to be an error in one candidate’s total in one town.


BOTTOM LINE: We hand count for hours each and every ballot for voter intent and find only three votes changed. But we add up the totals of the same ballots and find a 70 vote difference in one candidate's final result! The election results remain the same because that 70 vote difference did not change the position Tom Keane was in at the end of the six person race for three seats.


We could have avoided the four hours of Kabuki recounting had we simply counted the total of UNUSED ballots and matched them with the USED ballots or had state-generated, efficient, understandable tally sheets from election day and simply reviewed the math and looked for a 70 vote mistake.


But we don’t do that in NH and we NEVER have recounts that have more than a handful of mistakes, do we?