No Runny Eggs

The repository of one hard-boiled egg from the south suburbs of Milwaukee, Wisconsin (and the occassional guest-blogger). The ramblings within may or may not offend, shock and awe you, but they are what I (or my guest-bloggers) think.

Archive for July 23rd, 2008

Paul Ryan on the Fannie Mae/Freddie Mac bailout

by @ 17:40. Filed under Business, Politics - National.

This press release from my Congressman, Paul Ryan, on House passage of H.R. 3221, the Fannie/Freddie bailout bill came into the mailbox a couple hours ago. Quoting Ryan from the press release:

My top priority is to protect the taxpayers, not the shareholders. Our current policy toward Fannie and Freddie is not only dysfunctional and rife with bad incentives, but it also has potentially disastrous consequences for taxpayers. This bailout plan aggravates the fundamental problem that led us here: Fannie and Freddie remain for-profit corporations but still enjoy a Federal guarantee at the taxpayers’ expense against any risk of loss. To force Americans already struggling to make ends meet to take on this risk is a dangerous precedent.

Congress has tuned out the voice of the taxpayer with today’s bailout bill. Since my first years in Congress, I have called for reforms in Congressional oversight of these mortgage giants, so that we could have avoided the current situation. We need to inject some commonsense into this debate, rather than set ourselves up for more taxpayer-funded bailouts in the future.

There are several other links of Ryan’s previous comments on this included in the linked press release:
– Ryan on the House floor (Windows Media video)
– Op-ed by Ryan and Rep. Jeb Hensarling at Politico.com on how to solve the Fannie/Freddie crisis
– The House Budget Committee (Republican Caucus) analysis of Fannie Mae/Freddie Mac.
– Ryan’s long history on GSE’s (dating back to 2000

It is good to know that Ryan and Hensarling aren’t alone. Michelle Malkin has Sen. Jim DeMint’s comments.

The Morning Scramble – 7/23/2008

by @ 3:27. Filed under Miscellaneous.

I can’t sleep, so I may as well let this (relatively-) small Scramble fly…

[youtube]http://www.youtube.com/watch?v=wZiDME3bajU[/youtube]

  • Jim Geraghty found the official Palestinian artist of the Obama campaign. Let’s play, “What doesn’t belong?”
  • Before we play that, however, Sister Toldjah is running a caption contest on the photo Jim linked to. While you’re there, she could use some prayers.
  • Bridget Johnson declares Barack Obama “no Henry Kissinger”. Cyrus Roberts Vance is more like it.
  • Professor Stephen Bainbridge begins the education of the future entrepeneurs who for unfathomable reasons support Obama.
  • More Geraghty – he found an Obama quote that would have made the presstitutes all looney had President Bush said it.
  • Rich Horton dug up a speech Obama would have given in 1948 had he been around 60 years earlier.
  • Dad29 notes the Afghan “surge” that Obama and John McCain are calling for is already happening, and has in all likelyhood been planned since at least the beginning of this year.
  • Amanda Carpenter is shocked, SHOCKED that the party of higher gas taxes is refusing to pay gas tax on its fleet of convention vehicles.
  • Slublog notes that they’re also getting Denver-taxpayer-paid car washes.
  • Bill Quick corrects NBC “News”‘ David Gregory’s definition of a “revolution” in the TV “news” business.
  • William Teach calls Vanity Fair out on strikes for trying to ape its downstairs neighbor.
  • Alan Steinberg praises the “weaponization” of space. Without items like GPS, weather satellites, and communications satellites, we would still be conducting war like we did in World War II, with the attendant increased civilian and military casualties.
  • Matt Moon continues to explore netroots versus grassroots.
  • Deb Jordahl explores why Madison is no longer the “Camelot of the Midwest”. I guess liberal paradises are self-collapsing.
  • Peter found Fannie Mae and Freddie Mac continuing to prop up the race-hustle of the Reverend Jesse Jackson even as they lobbied for a taxpayer bailout.
  • Michelle Malkin notes pro-Mexican invasion Wachovia posted a massive loss. Shamnesty – not just for ruining political parties anymore.
  • Mary Lazich sounds the clarion call on the exploding Wisconsin debt service. Guess raiding all those funds and putting IOUs in their place does have consequences after all.
  • Dave in Texas lists Venezuela’s Sovi…er, Russian shopping list. Don’t miss the quote from “Dr. Strangelove”.
  • Genghis exposes the next step in the ‘Rat Gas Price Hike Scheme – more welfare in the form of gas stamps.
  • Sean Hackbarth is still looking for some underwriting of his trip to St. Paul at the beginning of September. I’ve chipped in; have you?

I’ll probably go to the mailbag for another edition of Ask Egg sometime today, when it’s just the effects of Claritin-D affecting me and not that plus sleeplessness.

Hot Air Tour location change

by @ 1:14. Filed under Compassionate Lieberals, Global "Warming", Sports.

The Milwaukee Brewers and the Miller Park District, just like the Nashville Parks Department before them, bowed to the PC Gorebal “Warming” crowd and pulled the previously-approved permits to tether the Hot Air Tour balloon in Miller Park’s parking lot. Undeterred, Americans for Prosperity-Wisconsin will be holding the Hot Air Tour in the parking lot of AFP-WI, 1126 S. 70th St. in West Allis at 1:30 pm. We’re still on for the 2nd annual Taxpayer Tailgate in the parking lot at 3 pm, and the game at 6.


The balloon banned from Nashville and Milwaukee

Do click on the balloon (or here) to register if you haven’t already done so. The triple-play (the Hot Air Tour, the Taxpayer Tailgate and a game ticket) is $21, the Tour/Tailgate combo is $10, and the Tour is free (and now without even the cost of parking at Miller Park).

Scheduled to speak at the Hot Air Tour are:
– Vicki McKenna, WISN & WIBA
– Congressman James Sensenbrenner
– Milwaukee County Executive Scott Walker
– State Representative and former WTMJ meteorologist Jim Ott
– AFP-WI State Director Mark Block
– AFP Director of Communcations Annie Patnaude
– Phil Williamson, Fight Back Wisconsin

One more housekeeping item; those of you who haven’t already done so, sign Phil Williamson’s petition to drill and refine in this country.

Also on the case – Owen and Capt. Karl.

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