Dear Mr. Obama....

Release The Tape!

The L.A. Times says its promise to a source prevents the paper from posting the video, which shows Barack Obama praising Palestinian activist Rashid Khalidi at a 2003 banquet. They claim that it would reveal their source. My question is, if they had to promise not to release it, why was it given to the big boy newspaper to begin with? What's the point? Yes they did print an article about it in April 2008, but they only print the parts of it they want to print. Why not print a complete transcript of the tape?

I personally think that Obama said some things that could jeopardize his campaign, and support his radical associations with the likes of Ayers - who was reportedly at the same event.

It was said by Alan Colmes tonight, that McCain gave several hundred thousand dollars to that group that Khalidi headed up. (It was a wimpy attempt to take the spotlight off of Obama.) If so, show us the tape so we can see what McCain is associated with.

No - if this tape was harmful to McCain in any way, the Times would release it.

I have an idea. Let the Secret Service see it. They are charged with our Executives' safety. They need to know what they are dealing with so they can do their jobs more efficiently.

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Obama's Tax Plan

The following letter accentuates the fallacy of Obama's "tax the rich" logic. Read this carefully. Laugh if you wish, but pay attention to what you read. His link is at the end if you want to contact him directly.

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Given the furor about "Joe the plumber" I've written an open letter to Mr. Obama myself. I think it is worth the read. Maybe if Americans could take a closer look at what a small businessman is, they wouldn't want politicians penalizing their success. Feel free to forward it if you want…

Cory

Mr. Obama,

Given the uproar about the simple question asked you by Joe the plumber, and the persecution that has been heaped on him because he dared to question you, I find myself motivated to say a few things to you myself. While Joe aspires to start a business someday, I already have started not one, but 4 businesses.

But first, let me introduce myself. You can call me "Cory the well driller". I am a 54 year old high school graduate. I didn't go to college like you, I was too ready to go "conquer the world" when I finished high school. 25 years ago at age 29, I started my own water well drilling business at a time when the economy here in East Texas was in a tailspin from the crash of the early 80's oil boom. I didn't get any help from the government, nor did I look for any. I borrowed what I could from my sister, my uncle, and even the pawn shop and managed to scrape together a homemade drill rig and a few tools to do my first job. My businesses did not start as a result of privilege. They are the result of my personal drive, personal ambition, self-discipline, self-reliance, and a determination to treat my customers fairly. >From the very start my business provided one other (than myself) East Texan a full time job. I couldn't afford a backhoe the first few years (something every well drilling business had), so I and my helper had to dig the mud pits that are necessary for each and every job with hand shovels. I had to use my 10-year old, 1/2 ton pickup truck for my water tank truck (normally a job for at least a 2 ton truck).

A year and a half after I started the business, I scraped together a 20% down payment to get a modest bank loan and bought a (28 year) old, worn out, slightly bigger drilling rig to allow me to drill the deeper water wells in my area. I spent the next few years drilling wells with the rig while simultaneously rebuilding it between jobs. Through these years I never knew from one month to the next if I would have any work or be able to pay the bills. I got behind on my income taxes one year, and spent the next two years paying that back (with penalty and interest) while keeping up with ongoing taxes. I got behind on my water well supply bill 2 different years (way behind the second time... $80,000.00), and spent over a year paying it back (each time) while continuing to pay for ongoing supplies C.O.D.. Of course, the personal stress endured through these experiences and years is hard to measure. I do have a stent in my heart now to memorialize it all.

I spent the next 10 years developing the reputation for being the most competent and most honest water well driller in East Texas . 2 years along the way, I hired another full time employee for the drilling business so that we could provide full time water well pump service as well as the well drilling. Also, 3 years along the path, I bought a water well screen service machine from a friend, starting business # 2. 5 years later I made a business loan for $100,000.00 to build a new, higher production, computer controlled screen service machine. I had designed the machine myself, and it didn't work out for 3 years so I had to make the loan payments without the benefit of any added income from the new machine. No government program was there to help me with the payments, or to help me sleep at night as I lay awake wondering how I would solve my machine problems or pay my bills. Finally, after 3 years, I got the screen machine working properly, and that provided another full time job for an East Texan in the screen service business.

2 years after that, I made another business loan, this time for $250,000.00, to buy another used drilling rig and all the support equipment needed to run another, larger, drill rig. This provided another 2 full time jobs for East Texans. Again, I spent a couple of years not knowing if I had made a smart move, or a move that would bankrupt me. For the third time in 13 years, I had placed everything I owned on the line, risking everything, in order to build a business.

A couple of years into this, I came up with a bright idea for a new kind of mud pump, a fundamentally necessary pump used on water well drill rigs. I spent my entire life savings to date (just $30,000.00), building a prototype of the pump and took it to the national water well convention to show it off. Customers immediately started coming out of the woodworks to buy the pumps, but there was a problem. I had depleted my assets making the prototype, and nobody would make me a business loan to start production of the new pumps. With several deposits for pump orders in hand, and nowhere to go, I finally started applying for as many credit card as I could find and took cash withdrawals on these cards to the tune of over $150,000.00 (including modest loans from my dear sister and brother), to get this 3^rd business going.

Yes, once again, I had everything hanging over the line in an effort to start another business. I had never manufactured anything, and I had to design and bring into production a complex hydraulic machine from an untested prototype to a reliable production model (in six months). How many nights I lay awake wondering if I had just made the paramount mistake of my life I cannot tell you, but there were plenty. I managed to get the pumps into production, which immediately created another 2 full time jobs in East Texas . Some of the models in the first year suffered from quality issues due to the poor workmanship of one of my key suppliers, so I and an employee (another East Texan employed) had to drive across the country to repair customers' pumps, practically from coast to coast. I stood behind the product, and made payments to all the credit cards that had financed me (and my brother and sister). I spent the next 5 years improving and refining the product, building a reputation for the pump and the company, working to get the pump into drill rig manufacturers' product lines, and paying back credit cards. During all this time I continued to manage a growing water well business that was now operating 3 drill rig crews, and 2 well service crews. Also, the screen service business continued to grow. No government programs were there to help me, Mr. Obama, but that's ok, I didn't expect any, nor did I want any. I was too busy fighting to make success happen to sit around waiting for the government to help me.

Now, we have been manufacturing the mud pumps for 7 years, my combined businesses employ 32 full time employees, and distribute $5,000,000.00 annually through the local economy. Now, just 4 months ago I borrowed $1,254,000.00, purchasing computer controlled machining equipment to start my 4th business, a production machine shop. The machine shop will serve the mud pump company so that we can better manufacture our pumps that are being shipped worldwide. Of course, the machine shop will also do work for outside companies as well. This has already produced 2 more full time jobs, and 2 more should develop out of it in the next few months. This should work out, but if it doesn't it will be because you, and the other professional politicians like yourself, will have destroyed our countrys' (and the world) economy with your meddling with mortgage loan programs through your liberal manipulation and intimidation of loaning institutions to make sure that unqualified borrowers could get mortgages. You see, at the very time when I couldn't get a business loan to get my mud pumps into production, you were working with Acorn and the Community Reinvestment Act programs to make sure that unqualified borrowers could buy homes with no down payment, and even no credit or worse yet, bad credit. Even the infamous, liberal, Ninja loans (No Income, No Job or Assets). While these unqualified borrowers were enjoying unrealistically low interest rates, I was paying 22% to 24% interest on the credit cards that I had used to provide me the funds for the mud pump business that has created jobs for more East Texans. It's funny, because after 25 years of turning almost every dime of extra money back into my businesses to grow them, it has been only in the last two years that I have finally made enough money to be able to put a little away for retirement, and now the value of that has dropped 40% because of the policies you and your ilk have perpetrated on our country.

You see, Mr. Obama, I'm the guy you intend to raise taxes on. I'm the guy who has spent 25 years toiling and sweating, fretting and fighting, stressing and risking, to build a business and get ahead. I'm the guy who has been on the very edge of bankruptcy more than a dozen times over the last 25 years, and all the while creating more and more jobs for East Texans who didn't want to take a risk, and would not demand from themselves what I have demanded from myself. I'm the guy you characterize as "the Americans who can afford it the most" that you believe should be taxed more to provide income redistribution "to spread the wealth" to those who have never toiled, sweated, fretted, fought, stressed, or risked anything. You want to characterize me as someone who has enjoyed a life of privilege and who needs to pay a higher percentage of my income than those who have bought into your entitlement culture. I resent you, Mr. Obama, as I resent all who want to use class warfare as a tool to advance their political career. What's worse, each year more Americans buy into your liberal entitlement culture, and turn to the government for their hope of a better life instead of themselves. Liberals are succeeding through more than 40 years of collaborative effort between the predominant liberal media, and liberal indoctrination programs in the public school systems across our land.

What is so terribly sad about this is this. America was made great by people who embraced the one-time American culture of self-reliance, self-motivation, self determination, self-discipline, personal betterment, hard work, risk taking. A culture built around the concept that success was in reach of every able bodied American who would strive for it. Each year that less Americans embrace that culture, we all descend together. We descend down the socialist path that has brought country after country ultimately to bitter and unremarkable states. If you and your liberal comrades in the media and school systems would spend half as much effort cultivating a culture of can-do across America as you do cultivating your entitlement culture, we could see Americans at large embracing the conviction that they can elevate themselves through personal betterment, personal achievement, and self reliance. You see, when people embrace such ideals, they act on them. When people act on such ideals, they succeed. All of America could find herself elevating instead of deteriorating. But that would eliminate the need for liberal politicians, wouldn't it, Mr. Obama? The country would not need you if the country was convinced that problem solving was best left with individuals instead of the government. You and all your liberal comrades have got a vested interested in creating a dependent class in our country. It is the very business of liberals to create an ever-expanding dependence on government. What's remarkable is that you, who have never produced a job in your life, are going to tax me to take more of my money and give it to people who wouldn't need my money if they would get off their entitlement mentality asses and apply themselves at work, demand more from themselves, and quit looking to liberal politicians to raise their station in life.

You see, I know because I've had them work for me before. Hundreds of them over these 25 years. People who simply will not show up to work on time. People who just will not work 5 days in a week, much less, 6 days. People always looking for a way to put less effort out. People who actually tell me that they would do more if I just would first pay them more. People who take off work to sit in government offices to apply to get free government handouts (gee, I wonder how things would have turned out for them if they had spent that time earning money and pleasing their employer?). You see, all of this comes from your entitlement mentality culture.

Oh, I know you will say I am uncompassionate. Sorry, Mr. Obama, wrong again. You see, I've seen what the average percentage of your income has been given to charities over the years of 2000 to 2004 (ignoring the years you started running for office - can you pronounce "politically motivated"), you averaged less than 1% annually. And your running mate, Joe Biden, averaged less than ¼% of his annual income in charitable contributions over the last 10 years. Like so many liberals, the two of you want to give to the needy, just as long as it is someone else's money you are giving to them. I won't say what I have given to charities over the last 25 years, but the percentage is several times more than you and Joe Biden… combined (don't you just hate google?). Tell me again how you feel my pain.

In short, Mr.. Obama, your political philosophies represent everything that is wrong with our country. You represent the culture of government dependence instead of self reliance; Entitlement mentality instead of personal achievement; Penalization of the successful to reward the unmotivated; Political correctness instead of open mindedness and open debate. If you are successful, you may preside over the final transformation of America from being the greatest and most self-reliant culture on earth, to just another country of whiners and wimps, who sit around looking to the government to solve their problems. Like all of western Europe. All countries on the decline. All countries that, because of liberal socialistic mentalities, have a little less to offer mankind every year.

God help us...

Cory Miller

just a ordinary, extraordinary American, the way a lot of Americans used to be.

P.S. Yes, Mr. Obama, I am a real American...www.cmillerdrilling.com

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Gordon Lightfoot

Tonight Shelley, her brother Steve, a friend of his, and I went to a Gordon Lightfoot concert. Even though 70 years old now, he showed great stamina as he tirelessly performed a few hours of his songs. About half of them were his big hits like, "Sundown", "The Wreck Of The Edmund Fitzgerald", "Rainy Day People", "If You Could Read My Mind", etc.


After the concert, he met with a select group of fans (meet and greet) with us as part of that group. He is a very likable man, and appears to be a down to Earth kind of guy. He was very friendly and patient as fans took and re-took photos with him until they got good ones. It was a good night.

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Dawn Flight - IMG_0812

It was a chilly, cloudless Saturday morning when the balloons launched. Not near as big as the Albuquerque Balloon Fiesta, but the Pirates Of The Canyon Balloon Rally in Amarillo had a good show of balloons. About 13 of them launched from Tradewinds airport (TDW) in pursuit of the Black Pearl balloon. This shot is one of those balloons as it passed over the rising sun.

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Pirates of the Canyon

Went to the Pirates of the Canyon balloon rally here this morning. Here are a couple shots I got there.




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Change

One thing people need to keep in mind about "change". It's kind of like luck. It comes in two flavors:

Good
and

Bad

Yes, we will get change soon. There is no doubt of that. Don't be disappointed if it isn't the flavor you like.

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A few days ago, Obama said he was going to go and be with his "critically ill" grandmother in Hawaii. Why did he wait 3 days before going to see her - when she's critically ill? I don't understand. I don't slight him a bit for going to be with her, but why wait 3 days?

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Party of Tolerance Attacks McCain Supporters

They do their party no favors. They only create a larger rift between the parties. Numerous incidents have been reported of violence and vandalism against McCain/Palin supporters (i.e. Republicans). Obama supporters are the perpetrators - Democrats. What the hell is wrong with those people? I thought us Republicans were supposed to be the hate mongers, mean-spirited, racists, and every other negative adjective you can think of.

Last night, a McCain volunteer was attacked and robbed. When the perpetrator saw McCain bumper sticker on her car, he proceeded to carve the letter "B" in her cheek. Now, why would anybody be enraged to simply see a McCain sticker?

"Police spokeswoman Diane Richard said the robber
took $60 from Todd, then became angry when
he saw a McCain bumper sticker on the victim's car.
The attacker then punched and kicked the victim,
before using the knife to scratch the letter "B" into her face, Richard said."

The above incident was admitted to be false. The woman is being charged with filing a false police report. She needs to be dealt with severely. There is absolutely no excuse for fabricating assaults or any other crime.

Also posted yesterday, a "small middle-aged woman" was carrying a sign in Manhattan when an Obama supporter ripped it from her hands, broke off the stick and proceeded to beat her with it. The criminal admitted the whole thing.

Reports of vandalism are sprouting up everywhere. Senator Coleman's house was vandalized. (He is being opposed by Al Franken.) McCain/Palin yard signs are being defaced and stolen, even in my community. Michelle Bachman's house was vandalized. The home of a Central Florida Republican headquarters manager was shot up and damaged over his support of McCain.

The list goes on and on. Don't believe me or the links I supplied. Do your own research. It appears that if you're a Republican, you are the scum of the Earth - a lower life form, with open season being declared on us.

These are the kind of people that are supporting Obama?

This is the party of tolerance? You can't prove it by me. All indications are that they only tolerate people and opinion that agrees with them. The Republican Party respects your rights. The Democrat Party only respects Democrats' rights. Those rights are (among others), The Freedoms of Speech and Religion (First Amendment), and "The right of the people to be secure in their persons, houses,..." (Fourth Amendment).

Yes, there are some cases of vandalizm from Republicans/sympathizers, but not like this and not near as frequently. I condemn it no matter where it comes from.

In "selected cities", they are preparing for riots in the event that Obama should lose the election. Nobody is entitled to be in power. Nobody simply deserves to be the winner. That has to be earned. That's what elections are for.

Can we not have our own beliefs any more without getting persecuted, assaulted, and visciously attacked -both verbally and physically?

This is getting pathetic. It's getting to be like the Dark Ages.

Racism Hypocricy

During this campaign, the Democrat [sic] Party has spared no opportunity to accuse those who differ with Obama's policies as being racist. They play the "race card" quite often. I get really tired of it. I have heard that someone (media? campaign worker? Don't recall.) said if a white man voted for the white man in stead of the black man, he was being racist. Does that also apply to the black man who votes for the black man instead of the white man? Is he racist? Of course not. Neither is the white man who votes for the white man instead of the black man.

Childishness like this from Obama's campaign and others in the Democrat [sic] Party is uncalled for. Call me a racist if you like, but I will not vote for someone whose policies I disagree with so much. I judge people on the content of their character, not the color of their skin.

Oh....my.....GOD!

This is nuts. What are they up to?

October 20, 2008 7:35 AM

ABC News' Matthew Jaffe Reports: Sen. Joe Biden, D-Del., on Sunday
guaranteed that if elected, Sen. Barack Obama., D-Ill., will be tested
by an international crisis within his first six months in power and he
will need supporters to stand by him as he makes tough, and possibly
unpopular, decisions.

"Mark my words," the Democratic vice presidential nominee warned at the
second of his two Seattle fundraisers Sunday. "It will not be six months
before the world tests Barack Obama like they did John Kennedy. The
world is looking. We're about to elect a brilliant 47-year-old senator
president of the United States of America. Remember I said it standing
here if you don't remember anything else I said. Watch, we're gonna have
an international crisis, a generated crisis, to test the mettle of this
guy."

A "generated" crisis? What is this crisis they are planning to generate? I am not a conspiracy theorist, but this smacks of one. Read Biden's words carefully. Who will generate this crisis?

"I can give you at least four or five scenarios from where it might
originate," Biden said to Emerald City supporters, mentioning the Middle
East and Russia as possibilities. "And he's gonna need help. And the
kind of help he's gonna need is, he's gonna need you - not financially
to help him - we're gonna need you to use your influence, your influence within the community, to stand with him. Because it's not gonna be apparent initially, it's not gonna be apparent that we're right."

What is this all about? Ask yourself this question and think about it - seriously. What are they up to? Biden is absolutely certain that something is going to happen if Obama is elected. No doubt of it. Is it because the world knows that Obama is a greenhorn? Is it because the "Obama is a Muslim" crowd is right, and he is planning to let terrorists freely enter our country and have their way with us? I personally don't buy into that theory, but I can understand how some might. (And yes, I do expect that we will be more vulnerable with Obama and a Democrat controlled Congress in power.)

The text I boldfaced above suggests to me that Biden has no confidence in Obama (should he be elected), and he expects him to do the wrong thing - yet wants us to support the Democrat Party in spite of what happens. He is preparing us for Obama's complete failure if he's elected. Biden seems to suggest that Obama's lack of experience and lack of fortitude will bring terrorists down on us - maybe worse. He knows that Obama can't do the job.

Osama and his nutcase ilk know that Obama is inexperienced, and they can attack our country and know that Obama will not do anything about it. He will be much easier to get past than McCain and Palin. I have always contended that this is why Hamas, Iran, and our other enemies have endorsed him. Think about it. Why would our enemies put their support behind a given candidate? To make nice with us? Our enemies? I think not.

Where did the campaign donations come from last month - for Obama? Over 150,000,000? In one month? Of that, over 3 million is unaccounted for. Something is rotten here.

"There are gonna be a lot of you who want to go, 'Whoa, wait a minute,
yo, whoa, whoa, I don't know about that decision'," Biden continued.
"Because if you think the decision is sound when they're made, which I
believe you will when they're made, they're not likely to be as popular
as they are sound. Because if they're popular, they're probably not sound."

As I read this, if elected they will stab a lot of voters in the back. He is trying to prepare you for some very unpopular decisions. They know they will get resistance. IMO, he is trying to soften us for a really good backstabbing.

Biden emphasized that the mountainous Afghanistan-Pakistan border is of
particular concern, with Osama bin Laden "alive and well" and Pakistan
"bristling with nuclear weapons."

OMG...! Obama is still planning on going into Pakistan - just as he said he would do. Could it be?

Too many things make too little sense. There are too many things that just don't sound right with the Obama/Biden ticket. I am a firm believer in the K.I.S.S. method of thinking - Occam's razor, if you will. "All other things being equal, the simplest solution is the best." Keep it simple. Think about it in that context. And, think what would the reaction be if McCain and/or Palin would say this stuff? Imagine the uproar!

Strangely, Biden doesn't mention McCain/Palin at any time during this ominous warning. We can only take from that, that the danger won't be present if McCain/Palin are elected. They won't be so easy to push around by our enemies.

Semper Paratus!

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Lost

On the night of October 7th, our little boy Bat had an upset stomach. He started to throw up, and I hurried him outside to keep from making a mess in the house. That was the last we have seen of him to this day. I'm trying to hang on to some hope that he'll appear, but it gets harder every day.

Every evening after work, I go to Animal Control's shelter to see if he's been picked up. Still nothing. Every evening after work, I check the latest daily DOA list to see if he's been listed there. Still nothing. I don't know how long I will keep this up. I don't want to give up on him. I find myself hoping the worst case is that he got kidnapped and is being held by someone who is taking care of him. He wouldn't like it at first, but would likely settle down for them after a little while.

Every time I drive up from work, I miss him greeting me. I miss him blocking my computer with his body, looking for attention. I miss him sticking his butt in my face when I try to do email or photos. I miss him laying on the couch beside me when I'm eating - and politely putting his paw on my leg, patiently waiting for his morsel when I'm done. I miss him putting his "hand" on my belly, as if to check to see if I'm "full". I miss him putting his forehead against mine while I scratch his cheeks and neck. I miss him "doing his feets". I miss him chasing the laster light. I miss him gently gnawing on my fingers (like a dog would) as I play with him.

I have never had a 4-legged "pet". I've only had 4-legged kids.

Bat, you are my little buddy. I'm not giving up on you.

"Dewey Defeats Truman!"

Can it happen again? Can we elect someone who is supposedly trailing in the polls? You bet we can! We can if we don't give up, thinking the polls are the way it's going to be. I don't give polls that much credit - especially the ones the media pushes. It ain't over 'til it's over.

We need to keep in mind that Obama was endorsed by our enemies - terrorist organizations and the leaders of countries that don't much like us. He has long-standing relationships with our "enemies". Ayers is our enemy. Reverend Wright is too, as is ACORN. Why does he have such interest in being positive in the eyes of our enemies? That sends me a vivid message.

He wants to spread the wealth around (but not his own wealth). If you make over $250,000, he will take some of it and spread it around. Why would anybody want to be successful if all they had to look forward to was someone taking their money away from them? Will he donate a chunk of his wealth to the cause? Somehow, I really don't think that would happen. (McCain said he doesn't want to take Obama's wealth and spread it around - or anybody else's.) Obama reported $4.2 million in income in 2007 according to the New York Times. When will he step up and make the first donation? (In 2006, it was even $1 million - four times his $250k "rich" criteria.) Spread some of that wealth my way, Barack Hussein Obama!

Obama says we can be energy independent in 10 years. He says that we only have 3% of the world's oil supply, yet use 25% of it. He won't allow drilling where the oil is. He won't allow nuclear power plants to be built. Something doesn't add up with those numbers considering his "10 years" goal. If his numbers were correct, we can never be energy independent. 25 - 3 = 22. We would still have to ge 22% of our oil from those we depend on, even if we used all of our 3%.

It used to be said that the ideal President would be a moderate, one who isn't at either extreme. Doesn't it stand to reason that one who will buck both parties might fit that criteria?

Let's let Dewey Defeat Truman again. With ACORN registering Mickey Mouse to vote - and so many other fraudulent registrations - we must get out and vote. With Obama, Biden, Pelosi, and Reid at the helm, our Country will be in serious trouble. Let's keep Checks and Balances in place as our forefathers intended.




Obama's Rotten ACORN



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Bailout Bill, Section 124

Summarizing a section of the bailout bill, cut-n-pasted from the government's PDF:

"Section 124. Hope for Homeowners Amendments.
Strengthens the Hope for Homeowners program to increase eligibility and improve the tools available to prevent foreclosures."

The brilliant idea to "increase eligibility" is exactly what caused all this - and Congress did it. Now they are doing it again. How can a problem be helped by doing the same thing that caused it?



For those who don't think McCain or the Republicans tried to do anything about getting oversight...

In 2003, John McCain was a co-sponsor of an oversight bill for Fannie Mae and Freddie Mac that was introduced by Chuck Hagel.

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Overview

Sponsor:	Sen. Charles Hagel [R-NE] Cosponsors [as of 2006-07-09] Sen. Elizabeth Dole [R-NC] Sen. Trent Lott [R-MS] Sen. John McCain [R-AZ] Sen. John Sununu [R-NH]
Bill Text:	Summary | Full Text
Status:	Introduced Jul 31, 2003 Reported by Committee - Voted on in Senate - Voted on in House - Signed by President - This bill never became law. This bill was proposed in a previous session of Congress. Sessions of Congress last two years, and at the end of each session all proposed bills and resolutions that haven't passed are cleared from the books.

Last Action:

Apr 1, 2004: Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.

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The Committee on Banking, Housing, and Urban Affairs apparently dropped the ball. Guess who was the chairman at the time? Chris Dodd. Where have we heard of him before? And, did you notice? The sponsor and co-sponsors were all Republicans. The bill's summary is as follows (emphasis mine):

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7/31/2003--Introduced.

Federal Enterprise Regulatory Reform Act of 2003 - Amends the Housing and Community Development Act of 1992 to establish in the Department of the Treasury the Office of Federal Enterprise Supervision. Transfers to the Director of such Office supervisory and regulatory authority over specified government sponsored enterprises (Fannie Mae and Freddie Mac) from the Office of Federal Housing Enterprise Oversight of the Department of Housing and Urban Development (HUD) and from the Secretary of Housing and Urban Development. Prohibits merger or consolidation of such Office or its functions.

Requires: (1) the Director to ensure that the enterprises operate in a financially safe manner and remain adequately capitalized; and (2) that each enterprise have prior approval of the Director before implementing a new program.

Sets forth operating, administrative, and regulatory provisions of the Director, including provisions respecting: (1) assessment authority; (2) authority to limit nonmission-related assets; (3) minimum and critical capital levels; (4) risk-based capital test; (5) capital classifications and undercapitalized enterprises; (6) enforcement actions and penalties; and (7) reporting.

Sets forth certain retained authorities of the Secretary.

Abolishes the Office of Federal Housing Enterprise Oversight. Sets forth related transfer of personnel and facility and property provisions.

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Methinks there is something rotten in Denmark, and it's not the McCain or the Republicans. Research it yourself if you like. Go to official Congressional records, not the blogs or MSNBC.