The Breakfast Club - June 26, 2010

Admiral Mullen, head honcho of the Joint Chiefs of Staff, said our projected National Debt's INTEREST alone in 2012 will be more than $500 Billion dollars. That is more than the entire Defense Budget, and that makes the National Debt the biggest threat to our National Security. Who would have thought anyone/anything could have dropped Osama bin Laden to #2 in the Top 10 terrorists?
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Senator and Congressman Frank say they have no idea how or if the 2000+ page financial reform bill will work. Excuse me, but after the Fannie Mae & Freddie Mac catastrophe, why are Dodd & Frank allowed to be near any finance bill?
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Speaking of Fannie & Freddie -
Online story: "Taxpayer-owned mortgage giant Fannie Mae is targeting families by going after struggling homeowners who strategically default on their mortgage, the firm announced Wednesday. * A default is considered strategic when homeowners have the capacity to pay, yet choose to walk away from their mortgage. The trigger, researchers say, is negative equity: When the value of a home is less than what the lender is owed on it, borrowers are more likely to strategically default." -- Hmmm, so when homeowner vacates because it no longer makes financial sense to stay, Fannie Mae tracks'em down, but when the homeowners default but don't vacate because they can't afford a different home/apt, Fannie Mae lets them stay free? These laws/rules were drawn up by people who claim to represent us to the best of their abilities...and after HELL-thScare, and now this, I'm beginning to believe them. Hurry November!
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From a fellow BCers:
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Another BCer brought this to my attention:
WTVM story: "Auburn reintroduces snakes into AL habitat" -- Another , "Ooops, my bad!" situation. We both thought Bobby Lowder had made a new appearance.
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Online headline: "Pakistan Convicts 5 Americans of Terrorism"-- Ooops, my bad! Just knew that the Pakistani's had captured POTus Nero-bama, VPOTus Biden, Pelosi, Reid and Barney Frank.. Feel pretty let down at the moment...
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Online headline: "10 most over-rated things in America in 2010" -- How did Larry King and Chris Matthews, Obama bin Biden, Pelosi and Reid get left off this list?
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Online WTVM9 headline: "May jobless rate declines in metro Columbus" -- But what's the rest of the story? Does this figure reflect that more people working lowered the figure, or does it reflect that fewer people were actually looking for jobs?
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How can the White House complain about Fox News being biased against POTus Nero-bama & Cohorts. Correspondent Major Garrett is basically a Nero-bama spinmeister, and Shepherd Smith and Geraldo Rivera could easily be anchor stars on CNN or MSNBC.
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What is this "brilliant" executive decision the drive-by media is congratulating POTus Nero-bama for making? General McChrystal resigned!
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In a Press Conference, POTus Nero-bama referred to the internet social network as "Twitters". Being caught in the gaffe, he back pedaled by saying, "I have never used Twitter, but I'm an advocate of technology and not restricting Internet access," he said in a town hall meeting. "My thumbs are too clumsy to type in things on the phone." -- Wonder if Algore will call a Press Conference saying he invented "Twitter".
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Online story: "Another Federal Agency Launches Spill Probe * It's the sixth government investigation into the gulf oil disaster. That has many people asking: Is anyone in charge?" -- Hmmm, seems to me the government should be trying to 'plug the hole', not opening 6 new ones.
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Online story: "NICE, France (June 25) -- A convict dubbed the "Hannibal Lecter of France" has been sent to prison for 30 years after admitting that he attacked his cellmate and ate part of his lung after sauteing it with onions on a makeshift prison grill." -- 30 more years? The guy may live that long and be released. What they should be doing is "French frying his (_@_)"
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Columbus got a big boost yesterday; Edwin Jackson tossed a 'no-hitter', and Kysor/Warren hit a home run!
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