American Political Orphan

Monday, September 22, 2008

Palin Smears, Astor Turfing and Democrat Dirty Tricks

In the story from the Jawa Report Hope, Change, & Lies: Orchestrated ‘Grassroots’ Smear Campaigns & the People that Run Them  A connection is established between the smears of Sarah Palin and the Obama campaign through direction from David Axelrod’s PR firm. Who is David Axelrod? He is Barack Obama’s chief media strategist.

The Jawa Report does some real Internet detective work and connects all the dots. It’s real live example of Democrat dirty tricks. Here’s the overview….

“Extensive research was conducted by the Jawa Report to determine the source of smears directed toward Republican Vice Presidential candidate Sarah Palin. Those smears included false allegations that she belonged to a secessionist political party and that she has radical anti-American views.

Our research suggests that a subdivision of one of the largest public relations firms in the world most likely started and promulgated rumors about Sarah Palin that were known to be false. These rumors were spread in a surreptitious manner to avoid exposure.

It is also likely that the PR firm was paid by outside sources to run the smear campaign. While not conclusive, evidence suggests a link to the Barack Obama campaign. Namely:

Evidence suggests that a YouTube video with false claims about Palin was uploaded and promoted by members of a professional PR firm.

The family that runs the PR firm has extensive ties to the Democratic Party, the netroots, and are staunch Obama supporters.

Evidence suggests that the firm engaged in a concerted effort to distribute the video in such a way that it would appear to have gone viral on its own. Yet this effort took place on company time.

Evidence suggests that these distribution efforts included actions by at least one employee of the firm who is unconnected with the family running the company.

The voice-over artist used in this supposedly amateur video is a professional.

This same voice-over artist has worked extensively with David Axelrod firm, which has a history of engaging in phony grassroots efforts, otherwise known as “astroturfing.”

David Axelrod is Barack Obama’s chief media strategist.

The same voice-over artist has worked directly for the Barack Obama campaign.

This suggests that false rumors and outright lies about Sarah Palin and John McCain being spread on the internet are being orchestrated by political partisans and are not an organic grassroots phenomenon led by the left wing fringe.”

The whole piece is a long thread, you should read the whole thing.

If you are pressed for time and want the short version, Joshuapundit has it summarized nicely in his post, Illegal Anti-Palin Video Traced Directly To Obama’s Campaign Manager’s PR Firm

Economic Meltdown - The Story Continues

In response to recent accusation from the Democrats that John McCain was responsible for this mess let’s be clear. A bill to reform Freddie Mac and Fannie May in 2005 failed in committee by a party line vote. The Democrats opposition killed the bill and it was never brought forward for a vote.

From Bloomberg, Kevin Hassett explains, How the Democrats Created the Financial Crisis.

“It is easy to identify the historical turning point that marked the beginning of the end.

Back in 2005, Fannie and Freddie were, after years of dominating Washington, on the ropes. They were enmeshed in accounting scandals that led to turnover at the top. At one telling moment in late 2004, captured in an article by my American Enterprise Institute colleague Peter Wallison, the Securities and Exchange Comiission’s chief accountant told disgraced Fannie Mae chief Franklin Raines that Fannie’s position on the relevant accounting issue was not even ``on the page’’ of allowable interpretations.

Then legislative momentum emerged for an attempt to create a ``world-class regulator’’ that would oversee the pair more like banks, imposing strict requirements on their ability to take excessive risks. Politicians who previously had associated themselves proudly with the two accounting miscreants were less eager to be associated with them. The time was ripe.

Greenspan’s Warning

The clear gravity of the situation pushed the legislation forward. Some might say the current mess couldn’t be foreseen, yet in 2005 Alan Greenspan told Congress how urgent it was for it to act in the clearest possible terms: If Fannie and Freddie ``continue to grow, continue to have the low capital that they have, continue to engage in the dynamic hedging of their portfolios, which they need to do for interest rate risk aversion, they potentially create ever-growing potential systemic risk down the road,’’ he said. ``We are placing the total financial system of the future at a substantial risk.’’

What happened next was extraordinary. For the first time in history, a serious Fannie and Freddie reform bill was passed by the Senate Banking Committee. The bill gave a regulator power to crack down, and would have required the companies to eliminate their investments in risky assets.

Different World

If that bill had become law, then the world today would be different. In 2005, 2006 and 2007, a blizzard of terrible mortgage paper fluttered out of the Fannie and Freddie clouds, burying many of our oldest and most venerable institutions. Without their checkbooks keeping the market liquid and buying up excess supply, the market would likely have not existed.

But the bill didn’t become law, for a simple reason: Democrats opposed it on a party-line vote in the committee, signaling that this would be a partisan issue. Republicans, tied in knots by the tight Democratic opposition, couldn’t even get the Senate to vote on the matter.”

Economic Meltdown - Birth of a Problem

The Democrats are so busy trying to deflect the blame for the current economic crisis that it’s hard to know what the truth is. The Democrats are guilty guilty guilty. What I am going to do is post the relevant articles so that the facts can speak for themselves.

Let’s start with the beginning. Clinton’s Housing and Urban Development secretary, Andrew Cuomo.

From an August 5th article in the Village Voice by Wayne Barrett, Andrew Cuomo and Fannie and Freddie, here are some of the details….....

“There are as many starting points for the mortgage meltdown as there are fears about how far it has yet to go, but one decisive point of departure is the final years of the Clinton administration, when a kid from Queens without any real banking or real-estate experience was the only man in Washington with the power to regulate the giants of home finance, the Federal National Mortgage Association (FNMA) and the Federal Home Loan Mortgage Corporation (FHLMC), better known as Fannie Mae and Freddie Mac.

Andrew Cuomo, the youngest Housing and Urban Development secretary in history, made a series of decisions between 1997 and 2001 that gave birth to the country’s current crisis. He took actions that—in combination with many other factors—helped plunge Fannie and Freddie into the subprime markets without putting in place the means to monitor their increasingly risky investments. He turned the Federal Housing Administration mortgage program into a sweetheart lender with sky-high loan ceilings and no money down, and he legalized what a federal judge has branded “kickbacks” to brokers that have fueled the sale of overpriced and unsupportable loans. Three to four million families are now facing foreclosure, and Cuomo is one of the reasons why.”