Saturday, October 18, 2008

Andy Martin Sues Hawaii For BOCOLB

BOCOLB: Barack Obama's Certificate of Life Birth. I just received a message from Andy Martin that analyses from my blog are to be exhibits on his legal brief regarding the Obama birth certificate. See:

http://mitchell-langbert.blogspot.com/2008/07/is-hawaii-manipulating-obama-related.html

http://mitchell-langbert.blogspot.com/2008/08/letter-to-governor-linda-lingle-r-hi-re.html

http://mitchell-langbert.blogspot.com/2008/07/additional-correspondence-re-obama.html

http://mitchell-langbert.blogspot.com/2008/07/searching-for-descendants-of-mary.html

Andy Martin has just issued this press release:

Honolulu lawsuit filed to open Obama's secret birth records
Obama steadfastly refuses to allow access to official sources
Andy Martin in Hawaii takes legal action to seek the truth and ferret out the facts about Barack Obama's family history


ANDY MARTIN
Executive Editor
ContrarianCommentary.com

"Factually Correct, Not
Politically Correct"

FOR IMMEDIATE RELEASE:

OBAMA NEMESIS ANDY MARTIN SUES IN HAWAIISTATE COURTS TO OPEN BARACK OBAMA'S SECRET BIRTH RECORDS

"WHY IS BARACK OBAMA OBSTRUCTING ACCESS TO HIS BIRTH RECORDS," ANDY MARTIN ASKS, "ALONG WITH OBSTRUCTING ACCESS TO COLLEGE RECORDS AND OTHER ESSENTIAL INFORMATION ABOUT HIS PAST? IS THIS THE KIND OF PRESIDENT THE AMERICAN PEOPLE WANT? SOMEONE AFRAID TO TELL THE TRUTH ABOUT HIMSELF? HE'S SCARY."

(HONOLULU, HI)(October 17, 2008) Obama nemesis and author Andy Martin filed suit in the First Circuit Court in Honolulu today seeking a court order to open Barack Obama's secret birth records.

"One of Obama's most controversial and contentious issues that he has allowed to fester for years is the question of his birth certificate," says Martin. "Obama has posted at least two versions, maybe more, of a 'certificate' on the Internet.

"I want to see a certified copy issued by the State of Hawaii, not one issued by the State of Obama. Why Obama won't allow direct access to his birth records is beyond me. But the closer we get to discovering the truth about Obama the more we understand why he is terrified of that truth.

"What is Obama hiding? Frankly, after being in Hawaii and conducting our first round of interviews, we think we have a clearer picture of what Obama is concealing, and why. We have more research and interviews to conduct before we can announce our opinions.

"In the meantime, I filed a lawsuit against the State of Hawaii to require the state to open Obama's birth records. The Governor and Director of the Department of Health are named as defendants.

"The case has been docketed as number 08-1-2147-10 and assigned to Circuit Judge Bert Ayabe.

"We will distribute copies of the lawsuit at a Saturday morning news conference, as well as making them available on a limited basis Friday evening upon written request. We will hold the Saturday morning news conference in front of the courthouse to provide additional information.

"Friday evening I will be available by cell phone from AlaMoanaBeachPark.

"We will issue a news release later Friday with details of Saturday's news conference.

"The basic question remains: why is Obama trying to hide his life from birth to adulthood from the American people? Interestingly, we think we also know now why he has virtually imprisoned his white grandmother and refuses to allow her to appear in public. Who is the man behind Obama's mask? I think my book 'Obama: The Man Behind The Mask' is aptly titled.

"Next week, we believe we will be in a position to remove Obama's mask and confront him with the truth about who he is and what he is.

"One TV news network has already tentatively scheduled a conference in New York on our return."

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Readers of Obama: The Man Behind The Mask, say the book is still the only gold standard and practical handbook on Barack Obama's unfitness for the presidency. Buy it.
Book orders: http://OrangeStatePress.com. Immediate shipment from Amazon.com or the publisher now available.
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FULL DISCLOSURE: I recently decided to oppose Barack Obama's election and became Executive Director of The Stop Obama Coalition, http://StopObamaCoalition.com. By default, I became the national leader of the anti-Obama movement. I am not acting as either a Democrat or Republican. I have had no contact whatsoever with the McCain Campaign. I am not a member of any political organization. The views expressed are entirely independent. I am acting as an American citizen who sincerely believes Obama is not the man we need in the Oval Office. We are going to run a very dynamic and aggressive campaign against Obama. I will continue to write my news and opinion columns for ContrarianCommentary.com. /s/ Andy Martin
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URGENT APPEAL: The Committee of One Million to Defeat Barack Obama is raising money to fight Barack Obama. http://CommitteeofOneMilliontoDefeatBarackObama.com. Please give generously up to the maximum of $100. Our ability to fight and defeat Barack Obama is directly dependent on the generosity of every American."
The Committee of One Million to Defeat Barack Obama limits itself to $100 maximum contributions; there are no bundlers, fat cats or illegal contributions. Obama is opposed to everything America stands for," says Executive Director Andy Martin. "But while Obama has raised more than a third of a BILLION dollars, his opponents have raised virtually nothing. We can't just sit back and expect John McCain to do the job all alone. Americans can either contribute now, or pay later. If we do not succeed, Obama will."
E-mail: contact@CommitteeofOneMilliontoDefeatBarackObama.com
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Andy Martin is a legendary Chicago muckraker, author, Internet columnist, radio talk show host, broadcaster and media critic. He is currently based in New York selling his new book, Obama: The Man Behind The Mask. Andy is the Executive Editor and publisher of www.ContrarianCommentary.com. © Copyright by Andy Martin 2008. Martin comments on regional, national and world events with over forty years of experience. He holds a Juris Doctor degree from the University of Illinois College of Law.

His columns are also posted at ContrarianCommentary.blogspot.com; contrariancommentary.wordpress.com. Andy is the author of Obama: The Man Behind The Mask, published in July 2008, see http://www.OrangeStatePress.com.

MEDIA CONTACT: (866) 706-2639 or cell (917) 664-9329
E-MAIL: AndyMart20@aol.com [NOTE: We frequently correct typographical errors and additions/subtractions on our blogs, where you can find the latest edition of this release.]

Friday, October 17, 2008

Are Banks' Problems a Mortgage Meltdown? Or a Derivatives Meltdown? Two, Two, Two Excuses in One!

One thing I have learned after nine years in the corporate world, a few years consulting and 18 years teaching business in college is that it is difficult to understand someone else's business. In the recent discussion about a number of banks' financial problems I have heard that this was a "sub-prime crisis". The banks lent exhuberantly and to low income borrowers to whom they were pressured to lend, and the result was widespread defaults.

Today, the Belmont Club writes that the Washington Post now blames the banks' problems on derivatives trading. Which is it? Mortgages? Derivatives trading? I guess the banks, like the old Certs candy commercials, have two, two, two crises in one.

The Washington Post's familiar solution is of course regulation. But would regulators do a competent job? For regulation to work, the regulator must be smarter than the profit-maximizing investment banker. The question is whether reasonable, ethical, and profit maximizing bankers would have lost the money they have lost. If the answer is yes, then I'm not sure that regulators would have done much better. If the answer is no, then the problem is not regulation. Criminal, enforcement rather than better regulation is needed. Moreover, bankers already have a legal fiduciary duty to ensure the ongoing viability of their banks and to maximize profits. They obviously violated that "regulation". Why would a more esoteric form of regulation fare better? And why would government, which cannot even manage an election competently, be good at overseeing the esoteric world of credit swaps?

The pathology of Progressivism is that even where they do not understand the implications of their proposals, Progressives aggressively argue for them. The proposals inevitably involve expanding the state's powers, and the state then becomes the source of more severe problems than it solves. It is likely that the banks' current problems (and they are the banks' problems, not America's problems) are due to pressure from government, e.g., a form of regulation, to extend loans to low income borrowers who could not afford to repay the loans. Alternatively, and probably even more true, the problems are due to bad ethics on the bankers' part.

The article states:

"Derivatives did not trigger what has erupted into the biggest economic crisis since the Great Depression. But their proliferation, and the uncertainty about their real values, accelerated the recent collapses of the nation's venerable investment houses and magnified the panic that has since crippled the global financial system."

The authors note that AIG suffered a loss due to derivatives, but they do not seem to know how much of a loss, just that it was attributable to $440 billion in mortgage swaps. Was three percent in default? Twenty percent? If AIG does not know, then why was AIG in the business? And if the reporters don't know, why do they claim to know what the solution is to a problem that they do not understand? I would not trust a physician who does not know whether I had a stomach virus or a heart attack and prescribes me medication anyway.

Markets are capable of evaluating and punishing banks that engage in excessively risky behavior better than regulators are at assessing what risks banks ought to take. Markets are attempting to do that, but President Bush and Congress have decided not to let the markets work and to let AIG and other financial institutions fail. If banks fail, the government ought to protect depositors, but they ought not to support incompetent investment decisions and bad ethics.

The media is discussing this issue without providing facts, and then offering specific solutions that are not based on evidence. Perhaps the Washington Post should provide their reporters with packs of Certs, and leave it at that.

New Mexican ACORN Voter Fraud

Ace of Spades HQ (h/t Larwyn)quotes a GOP Press Release that alleges that ACORN committed massive voter fraud in New Mexico:

Obama’s ACORN Must Be Shut Down Before Election, All Activities Investigated

(Albuquerque, NM) – Public records released in New Mexico today confirm that fraudulent voter registrations are in fact turning into fraudulent votes. ACORN, currently under investigation by the FBI, is now confirmed to be responsible for producing fraudulent voter registrations and illegal votes in New Mexico. An inspection of public records has revealed that illegal votes were cast in New Mexico’s 2008 primary election.

“This is a bombshell. We now have undeniable proof that a significant number of fraudulent voters were cast in Democrat primary races for the New Mexico state legislature as a result of ACORN’s voter registration fraud,” remarked State Representative Justine Fox Young (R-Albuquerque). “No longer can ACORN argue that their phony voter registration forms don’t translate into fraudulent votes. They do and today we can prove it.”

"It is safe to say that the number of illegal votes being cast dwarfs the 366 votes that decided the 2000 Presidential election in New Mexico,” said Nina Martinez, Secretary for the Republican Party of New Mexico. “Barack Obama contributed $832,000 to ACORN, organized an ACORN subsidiary, represented them as their attorney, trained some of their members and received ACORN’s endorsement. Obama should withdraw his financial support from ACORN and come clean about what he knows of their activities. Every fraudulent vote cancels out an honest vote. We must ensure the integrity of this year’s election.”

Dorothy Maddox-Holland of the FEC Responds to ACORN Inquiry

The FEC has not responded to repeated inquiries about the Obama birth certificate. However, they have just e-mailed me that voter fraud by ACORN--is not their job.


>Good morning Dr. Langbert

Thank you for your letter dated September 29, 2008 regarding allegations of an unusually high level of voter fraud associated with ACORN.


Unfortunately, this type of inquiry is not handled by the Federal Election Commission (FEC), Office of Inspector General (OIG). However, your letter was forwarded to the Election Assistance Commission who in turn informed the FEC/OIG that this type of inquiry is handled by the Department of Justice, Civil Voting Section, 1-800-253-3931. Once again, thank you for your inquiry.

Sincerely,

Dorothy Maddox-Holland
Special Assistant to the Inspector General

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