WUI (Writing under the influence)

Somebody once said we are all Americans, sometimes born in the wrong places.
On a warm autumn day in 1986, while enjoying beer with my college buddies,
I decided to join my new homeland.

I've come to appreciate the ideals that helped create this great country.
Liberalism, political-correctness, multiculturalism and moral equivalence
are destroying it.

This old house Grovenet Wal*Mart Visiting Poland American wine better than French.

Tuesday, September 30, 2008


Who caused this

The previous two YouTube movies have been removed. I guess Google doesn't like the truth. Here is still one of the two.

And here is the other. (Still on YouTube so maybe the link has changed or I screwed up.)

Sunday, September 28, 2008


What really happened and who did it


What really happened

Friday, September 26, 2008


Demcrats did it!

I knew it before somebody in NRO posted the link to this old NYT piece.

Democrats have caused all the problems, economical and otherwise, that this country has faced and will face. Since 1930s to 2030s and beyond. Since New Deal, Great Society and whatever else they come up with.

And now Bush tries to fix it. And they blame him for not doing so sooner even though for the past 8 years they didn't want to listen to anything he had to say. You think $700 billion is a lot? Think Medicare and Social Security when those morons baby boomers start to retiring. In fact, baby boomers are to blame for most of these problems.

In any case, just for the record, pasted in whole in case NYT removes it from its website. Some people knew what would have happened in 2008 many years ago. This is from late 1999. If memory serves well, Democrats were running almost everything.

September 30, 1999

Fannie Mae Eases Credit To Aid Mortgage Lending

In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.

The action, which will begin as a pilot program involving 24 banks in 15 markets -- including the New York metropolitan region -- will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans. Fannie Mae officials say they hope to make it a nationwide program by next spring.

Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.

In addition, banks, thrift institutions and mortgage companies have been pressing Fannie Mae to help them make more loans to so-called subprime borrowers. These borrowers whose incomes, credit ratings and savings are not good enough to qualify for conventional loans, can only get loans from finance companies that charge much higher interest rates -- anywhere from three to four percentage points higher than conventional loans.

''Fannie Mae has expanded home ownership for millions of families in the 1990's by reducing down payment requirements,'' said Franklin D. Raines, Fannie Mae's chairman and chief executive officer. ''Yet there remain too many borrowers whose credit is just a notch below what our underwriting has required who have been relegated to paying significantly higher mortgage rates in the so-called subprime market.''

Demographic information on these borrowers is sketchy. But at least one study indicates that 18 percent of the loans in the subprime market went to black borrowers, compared to 5 per cent of loans in the conventional loan market.

In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980's.

''From the perspective of many people, including me, this is another thrift industry growing up around us,'' said Peter Wallison a resident fellow at the American Enterprise Institute. ''If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.''

Under Fannie Mae's pilot program, consumers who qualify can secure a mortgage with an interest rate one percentage point above that of a conventional, 30-year fixed rate mortgage of less than $240,000 -- a rate that currently averages about 7.76 per cent. If the borrower makes his or her monthly payments on time for two years, the one percentage point premium is dropped.

Fannie Mae, the nation's biggest underwriter of home mortgages, does not lend money directly to consumers. Instead, it purchases loans that banks make on what is called the secondary market. By expanding the type of loans that it will buy, Fannie Mae is hoping to spur banks to make more loans to people with less-than-stellar credit ratings.

Fannie Mae officials stress that the new mortgages will be extended to all potential borrowers who can qualify for a mortgage. But they add that the move is intended in part to increase the number of minority and low income home owners who tend to have worse credit ratings than non-Hispanic whites.

Home ownership has, in fact, exploded among minorities during the economic boom of the 1990's. The number of mortgages extended to Hispanic applicants jumped by 87.2 per cent from 1993 to 1998, according to Harvard University's Joint Center for Housing Studies. During that same period the number of African Americans who got mortgages to buy a home increased by 71.9 per cent and the number of Asian Americans by 46.3 per cent.

In contrast, the number of non-Hispanic whites who received loans for homes increased by 31.2 per cent.

Despite these gains, home ownership rates for minorities continue to lag behind non-Hispanic whites, in part because blacks and Hispanics in particular tend to have on average worse credit ratings.

In July, the Department of Housing and Urban Development proposed that by the year 2001, 50 percent of Fannie Mae's and Freddie Mac's portfolio be made up of loans to low and moderate-income borrowers. Last year, 44 percent of the loans Fannie Mae purchased were from these groups.

The change in policy also comes at the same time that HUD is investigating allegations of racial discrimination in the automated underwriting systems used by Fannie Mae and Freddie Mac to determine the credit-worthiness of credit applicants.

Tuesday, September 23, 2008


Had this been Palin...

...the election would now be over.



What people of Oregon need...

...is more energy.

Kulongoski should just get a life.

Democrats blink.


If things get really bad here...

...maybe I will be one of them.

Friday, September 19, 2008


Before we all turn left

The recent financial market meltdown has often been explained by blaming free markets. I would like to remind everybody that we haven't had free markets since Roosevelt.

When so called private market learned that the feds will bail it out whenever there is a problem, the so called free market would have to be stupid not to take advantage.

I oppose rebates for energy efficient appliances but I take them every time I buy one of those appliances. Why? It's simple. I pay for those rebates with my taxes.

I hate the system we have. But I have to navigate in this system and I'm not about to crash my ship on the nearest rock just because the compass I bought is pointing too far to the left.

Thursday, September 18, 2008


Short cuts

So who is against science? Like that guy who was kicked out of Harvard, this guy may be next. All liberal ideas are there for no other reason than to create as many victim groups as possible so they can pander to them. Facts will not stand in their way.

Some have asked why the feds are bailing out some and not others. Well, maybe because Lehman Bros were in the carbon offset scheme.

Canadian health care is worse than similar schemes in some western European countries. What surprises me is that differences are so large. I didn't think there would be big differences among systems that are run by governments. I thought they would all be very close to the bottom.

Quote of the day (from the Best of the web)

"What's the difference between a journalist and a watchdog? Rabies."


Wednesday, September 17, 2008


We are all Californians...

The best example of what will happen to us if Obama wins (not that we have it any better here in Oregon, mind you) is the current budget stalemate in California. The socialists want to pass even more taxes that the economy can't possibly support because they are addicted to money so much they can't reason. I'm not sure how much illegal immigration, crime, etc. is responsible for the current woes but it seems that since the quality of live deteriorated in California and people started leaving for Nevada and Colorado, which incidentally are in much better situation, the golden state is getting rather rusty.

Michigan and Ohio are in even worse situation because, no surprise, taxes went up over there as well recently.

Maybe that's why Obama is now behind McCain in the polls: people are starting to understand that theft just doesn't pay.

Thursday, September 11, 2008


If Gibson asked Obama...

... one of the questions he asked Palin, the election would have been over today.

Wednesday, September 10, 2008


Pictures from Poland (Czestochowa)


President of the World Cont.

There is a perfect illustration of how much power and influence all those countries "voting" for Obama have.

Try to put lipstick on that, Obama.

Via Best of the Web Today

BTW, this site is worth visiting for more funny pictures from Obama's latest adventure.

Tuesday, September 09, 2008


President of the world

If the world wants Obama to be a president, I'd be happy to let Obama be the president of the world as long as McCain (and Palin) is the president of the only country that matters in the world.


Pig with lipstick

I know that Obama really didn't mean to offend anybody with his use of this tired (and somewhat stupid for somebody like me who is an immigrant and doesn't understand all that swine metaphors) expression about a pig being a pig even with lipstick on it.

But I think it serves Obama well that a new controversy has erupted around his unfortunate uttering of that old saying. Good people, mostly, or should I say exclusively, Republicans, have been losing jobs and elections because of stupid things they say (e.g., "if you had won that election we wouldn't have all these problems" or "Macaca," (sp?), etc.)

So Obama should lose this election not because I think he offended women. He should lose this election because he is stupid. He should have known that any expression that included lipstick and a farm animal typically associated with fat, unattractive women would have outraged some of still undecided women.

Can you imagine what would have happened had he said something that would offend Muslims?

Thursday, September 04, 2008


Quote of the day

“I’m not a Republican because I grew up rich, but because I didn’t want to spend the rest of my life poor, waiting for the government to rescue me.” -- Huckabee

Wednesday, September 03, 2008


From tears to tears

When I first heard that McCain selected Sara Palin I had to hide my face from my wife because I had tears in my eyes. I thought I would get stronger by tonight and listen to her speech with more cool. Even I couldn't expect how well she would do.

I came to this country at the very end of Reagan's presidency so, although I do appreciate his achievements and I know I'm here because of his policy to destroy the communism by removing as many bright (hey, even Polish can be border-line intelligent) people as possible from the Eastern Europe, I can't really relate to the excitement many people felt when he was nominated.

I'm hearing that the excitement that Palin is generating is equal or even more powerful than what happened when Regan was nominated. I can believe it. I'm simply stoked by what's happening.

If my wife, who is a centrist, is now praying for Palin to win (she as I couldn't care less about McCain) I know something special is happening.

If one of my sons is laughing when he hears the following line of Palin's speech, I know something special is happening:

"There is only one man in this election who has ever really fought for you ... in places where winning means survival and defeat means death ... and that man is John McCain."
I was so proud. He's only 10 and he already understands what fighting for his country means. I had tears in my eyes when he reacted to this line. I knew I had done something right while raising him.

One more thought.

From time to time, some loser comments on something I write on this blog. Unfortunately, it's more likely than not that the comments are personal and have nothing to do with the substance of what I have to say. Normally, I ignore those comments. But with what's happening to Sara Palin I think it is appropriate to quote another famous women-leader who knows something about being an independent conservative woman:

"When they attack one personally it means they haven't a single political argument left." Margaret Thatcher.

Tuesday, September 02, 2008


Pictures from Poland (Torun)


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