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Thursday, July 24, 2014

Speak Out 10/27/08

Monday, October 27, 2008

Keeping your word

IN THE recent era of lies, deceit, poor communication and failed local political management, everyone in our neighborhood would like to commend Cape Special Road District and Mr. Phillips for keeping their word regarding the fine quality blacktop on County Road 316. No issues, no problems, no complaints. Congratulations on a job well done. You said you would do it, and you did. Thanks.

Column prediction

BEFORE IT appears in print, David Limbaugh will probably write that al-Qaida's endorsement of John McCain is a classic example of reverse psychology in trying to get you to vote for Barack Obama. On the other hand, if al-Qaida had endorsed Barack Obama, Limbaugh would likely have written some version of, "See, I told you so!"

Monitoring the vote

WE SEND people to foreign countries to make sure elections are fair. Who is overseeing our election this year? When I see people on TV voting in their cars at a drive-in, I don't believe this is a fair election. Hanging chads are nothing compared to what it's going to be this year. It's frightening to see what our country is becoming.

ER doctors

I'M CALLING about the emergency rooms at the hospitals. It's a shame, with all of the doctors we have, that when Friday comes you can't see a doctor over the weekend. One Sunday we went to the hospital at 7 p.m. We sat there until 1 a.m. and got up and left. The next morning I went to the doctor. He put me in the hospital. I was there for two weeks.

Exposing corruption

Regarding Jon Rust's column on Jay Purcell: Granted, Jay Purcell might not have gone about exposing corruption in the correct way. At least he exposed it, which needed to be done.

Union strength

I HAVE a question as to why any working-class individual would not want third-party representation. Collective bargaining has provided individuals with the power to attain a fair wage for a full day of work, health benefits and a pension plan, along with many other benefits. Yes, it is unions that I am speaking of. Union members belong to organizations that train and educate, provide insurance for and invest in the retirement of all of the membership. This is achieved through each member contributing a small percentage to the health and welfare programs initiated by the union. No taxpayer dollars are required for any of the items aforementioned. The union movement constructed the middle class in our economy -- the group that has the majority of the buying power in America. If the middle class is strong, the country is strong. Why would anyone choose to go it alone when he could organize and have the support of third-party representation to assist in efforts to provide a better way of life?

Christmas patriotism

BE MINDFUL this Christmas season of the struggles we as Americans face ahead in the near future. May we also be mindful of the true meaning of the season. This said, I encourage everyone shopping for a new Christmas tree this year to make an effort to purchase trees made here in America, not in China. Buying American never felt so good and was needed so badly.

Absolutely amazing

I HOPE the River Campus can continue to bring in such amazing performances as "Stomp." It was absolutely amazing to see ordinary items become instruments of genius percussion. I hope more acts like this will follow. The underground arts and percussion shows are always the best.

Casino revenue

IN ORDER for our city to grow, of course you need more revenue. A gambling casino would not only bring many good-paying jobs to the area, but also bring our downtown to life.

Another bad idea

I CAN'T believe the highway department is putting a cable so close to the inside lane of the interstate. There is no room for a car to pull off into the median if there is a mechanical problem or blown tire in heavy traffic. Someone will be killed because of this. This is another example of bad planning using our highway funds, as was the two-tenths of a mile markers that were put up.

Ask yourself

TO THE person who says "Ha. Ha" to Chinese workers who are suffering as the result of factory closures: Look around your own house and ask yourself if American factory jobs were stolen or happily given away by people who think lower prices at megaretailers come without hidden costs. Ask yourself if the people in your congregation are really any different from hard-working folks anywhere in the world just trying to do the best for their families.

Reading concerns

TO THE junior high school parent who is concerned about his child's reading performance: It's great that you are paying attention and realize what a problem it is. As long as schools spend so much time on the accelerated reader program, this is going to be a problem. That entire program is a joke, but administrators who buy into it hate to admit the waste. Teachers love it because the children read, test themselves, record their own scores and just about everything else, leaving the teacher time to grade other papers and surf the Internet. How do I know? Been there. Saw it happening.

Greenspan's shock

FORMER FEDERAL Reserve chairman Alan Greenspan has admitted that he is "shocked" at the freezing up of credit markets and that he is partially to blame for the economic and financial mess we're in. No wonder Greenspan made CNN's top 10 list of villains responsible for the meltdown. The upcoming presidential election will be a referendum on Alan Greenspan.

You're the problem

THE AVERAGE Chinese worker losing his job is not the problem. These Chinese workers are trying to make a living just as you are. They don't control policy and have nothing to do with big Chinese businesses making things cheaper. Nor do they have anything to do with Americans who are more concerned with buying cheap than buying American-made products. I challenge you to check the labels on everything in your house from your socks to your car. If you are one of those folks who buy foreign-made items to save a buck, then you are the problem, not the Chinese factory worker.

Ganging up

I THINK Jon Rust's criticism of Jay Purcell in his endorsement of Rock Finch was over the top. Finch running as an independent makes me chuckle. How can you claim to run as an independent and have David Limbaugh as your treasurer? Finch deciding on his own to run at this particular time is hard to believe. There's a lot of politics at play in this small town. I know Finch, and he is a nice guy. But with all the city and county officials ganging up on Purcell, I will have to give my vote to Purcell.

Socialized health care

REGARDING THE continuing argument about socialized health care, I can only say it is a wonderful thing. I have experienced it firsthand in Britain for more than 20 years. The security it offers is tremendous. I find that in the U.S. I pay more for private health insurance and get less in return -- much less. At best the U.S. system is expensive. At worst it is downright rapacious. Real freedom is not having to worry if you can afford to pay the doctor.


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Casino revenue

Driving on I-70 East this past Saturday night, I could not believe the amount of vehicles lined up to exit I-70 West to go to the Ameristar Casino in St. Charles. The traffic was backed-up all of the way across the Missouri River. I'm not endorsing a casino--other than another building to watch go up--but there is a lot of potential if it is done right.

Another bad idea

Dear Moron,

You are not supposed to use the median as a place to pull over. Why do you think a 10 foot wide paved shoulder is provided immediate to the right lane? Your comment also implies, considering that you are so concerned with the safety cable so close to the left lane, that you are driving in the left lane. What are you doing driving over there if you are not passing? Please turn over your license and give up driving as, apparently, you don't know how to drive in a safe and responsible manner.

-- Posted by isobar on Mon, Oct 27, 2008, at 7:53 AM

good morning Mel , Dr.Peppper

the casino would big a big BOOM at first until

the newness wears off ...it sure would hurt the

bingo parlors for awhile ...once everyone gets

done walking around in wide eyed wonder , the

casino would be another local novelty...IMHO

-- Posted by ..Rick on Mon, Oct 27, 2008, at 8:51 AM

morning all

haven't been around in awhile!!!!

Serious though a casino like aything else has good points as well as bad points all we can do is hope that before they vote everyone will weigh the two and see which comes out on top the god or bad. My thing is with friends and family with a gambling issue I don't see how a casino would make anything better for them

-- Posted by semoangel70 on Mon, Oct 27, 2008, at 9:15 AM

morning semoangel70

..it's been awhile !

with so much doubt surrounding the casino , i gotta

wonder if it's worth fooling with after all ...

if Prop A passes , a casino won't happen anyway ..

-- Posted by ..Rick on Mon, Oct 27, 2008, at 9:34 AM

rick

true but I wonder if it will pass, some of the wording in it is confusing and not all that clear

-- Posted by semoangel70 on Mon, Oct 27, 2008, at 9:40 AM

now as for Christmas patrotism.......we get an American tree every year go to the lot, pick out the one we want and bring it home but seriously it isn't even Halloween yet do we have to think about Christmas now, it is bad enough when you go in the store and see it, let's deal with one at a time not just one holiday.

-- Posted by semoangel70 on Mon, Oct 27, 2008, at 9:44 AM

semoangel70

...yup , it was written by some of Jeff City's

best politians , is what makes Prop A sound like

a riddle instead of a law ...

-- Posted by ..Rick on Mon, Oct 27, 2008, at 9:46 AM

Column prediction – what might be more interesting than projecting on a phantom Limbaugh opinion, is what you think of this report. Why do you think al-Qaida appears to endorse McCain? One would think he’d be their worse nightmare, given we’ve pretty much wiped their effective numbers off the face of the earth. Speak out, share your thoughts.

Another bad idea – doesn’t seem to make sense, does it? What justified this huge expenditure? Is MoDot awash in funds? Are there some politics involved? Will this effort fix something that is broken? Looks like it could cause more accidents. About the only advantage I can see is limiting State Troopers and County Mounties access to flip flopping in the median to chase down speeders. A little mystery to figure out.

Socialized health care – it’s good to hear your experience was good. A quick review of articles reveals your opinion is not universal; and no one would expect it to be. Everyone’s circumstances are different, wherein lies the challenge. Our country performs admirably on many levels, health care included. But such behemoth programs, with so many fingers in the pie, will always be susceptible to mismanagement and abuse at some level. I personally have been fortunate in that my family has benefited from all levels of health care service. I have also been closely involved with situations that where others haven’t. I can only trust that we can all work steadfastly toward the best health care possible, for as many as possible; and rise above small and petty political campaign slogans.

-- Posted by blogbudsman on Mon, Oct 27, 2008, at 10:03 AM

Column prediction – what might be more interesting than projecting on a phantom Limbaugh opinion, is what you think of this report. Why do you think al-Qaida appears to endorse McCain? One would think he’d be their worse nightmare, given we’ve pretty much wiped their effective numbers off the face of the earth. Speak out, share your thoughts.

Another bad idea – doesn’t seem to make sense, does it? What justified this huge expenditure? Is MoDot awash in funds? Are there some politics involved? Will this effort fix something that is broken? Looks like it could cause more accidents. About the only advantage I can see is limiting State Troopers and County Mounties access to flip flopping in the median to chase down speeders. A little mystery to figure out.

Socialized health care – it’s good to hear your experience was good. A quick review of articles reveals your opinion is not universal; and no one would expect it to be. Everyone’s circumstances are different, wherein lies the challenge. Our country performs admirably on many levels, health care included. But such behemoth programs, with so many fingers in the pie, will always be susceptible to mismanagement and abuse at some level. I personally have been fortunate in that my family has benefited from all levels of health care service. I have also been closely involved with situations that where others haven’t. I can only trust that we can all work steadfastly toward the best health care possible, for as many as possible; and rise above small and petty political campaign slogans.

-- Posted by blogbudsman on Mon, Oct 27, 2008, at 10:05 AM

re: union representation. The two main reasons I don't want to be in a union are first, you have to know someone to get a union job and I've just been here a short time and second, I'd rather be promoted based on merit rather than seniority.

There was definitely a time when unions were needed, particularly for worker safety, but now I'm convinced that they primarily reduce efficiency and raise costs. See results of last five or so years for auto and airline companies for more on that.

-- Posted by rh3a on Mon, Oct 27, 2008, at 10:29 AM

The Chinese are producers, we are consumers. They are getting richer, well we have our welfare. There is opportunities in China funded with readily available capital, we have our capital tied up in government debt. Two different economic outlooks.

-- Posted by BCStoned on Mon, Oct 27, 2008, at 10:31 AM

Semoangel70,

Good to see you back on the forum.

-- Posted by Red_Rhino on Mon, Oct 27, 2008, at 10:40 AM

Testing. Testing...for cyber spooks in the Bog.

3x China Items?:

Looks like someone's obsessed with China today. To heck with the Ruskies...THE CHINAMEN ARE COMING! THE CHINAMEN ARE COMING!!

Socialized health care:

Psst! Hey, Al. Just between you and me. If you're so infatuated with socialism, why don't you go back to your beloved Britain, rather than annoying us?! Oh, and be sure and check those lamp shades in the UHC waiting rooms while you're camping out there for days...they may be edible!

-- Posted by Herr_Hauptmann_DES on Mon, Oct 27, 2008, at 11:16 AM

Hmmm. Perhaps the exorcism efforts of the cyber demons in the Bog worked over the weekend!

Whoops. One second thought, still getting that "file not found" nonsense.

-- Posted by Herr_Hauptmann_DES on Mon, Oct 27, 2008, at 11:21 AM

I agree with the caller that said the cable is too close to the left lane. It is designed to stop someone from crossing into oncoming traffic not to push them back onto the road they just left and cause even more accidents.

-- Posted by all_i_hear_is_blah_blah on Mon, Oct 27, 2008, at 11:24 AM

You're the problem: The Chinese worker has improved American standard of living through production of preferred consumer goods. He cannot control America's desire to consume over production.

Greenspan's shock: You will notice from his testimony that he still lives in denial.

-- Posted by BCStoned on Mon, Oct 27, 2008, at 11:41 AM

Good morning everyone. Rick the Rays are not doing so hot. I think we may have picked the wrong horse.

-- Posted by Producer1 on Mon, Oct 27, 2008, at 12:00 PM

they are in the left lane because of communication cables buried in the middle.

-- Posted by insider63785 on Mon, Oct 27, 2008, at 12:20 PM

I agree with the caller that said the cable is too close to the left lane. It is designed to stop someone from crossing into oncoming traffic not to push them back onto the road they just left and cause even more accidents.

-- Posted by all_i_hear_is_blah_blah on Mon, Oct 27, 2008, 10:24 am CDT

An accident is much easier to avoid when the vehicle is traveling the same direction and speed as your own car. Not to mention, if you are driving responsibly you should be watching your lane for potential problems, who watches the other lane for out-of-control vehicles.

-- Posted by Producer1 on Mon, Oct 27, 2008, at 12:27 PM

Casino Revenue

Having lived in St. Charles before and after the casino went in, I saw the improvements to the city afterwards. The slum area in which the casino was placed fell by the wayside; more tourists frequented the specialty shops and restaurants in downtown. Not sure what the figures are now, but for the years we lived there, the casino certainly seemed to contribute a lot to the local economy as well as to the city coffers. The main problem we locals saw was that the downtown shops and restaurants often were so crowded that we residents could hardly get into them (or find a parking space). Of course, with Cape's somewhat dreary downtown, probably there would be little of interest to attract tourists to it.

Local businesses were not harmed by the casino, the crime rate did not rise due to the casino. Many casino 'players' would not have bothered to detour off the interstate to stop in St. Charles just for 'shopping,' so it did bring in business that would otherwise have been lost. I'm neither for nor against a casino in this area, but would think that if Cape doesn't get one, then someone might someday consider building one on the Illinois side to capture that income lost by travelers at the least.

Cape could take a few lessons from towns such as St. Charles, in upgrading their downtown area, with or without a casino. Maybe the city fathers could attend functions like the Festival of the Little Hills and see how to hold an event that brings in 1,000's of people and their money.

I'm with you, semoangel! So tired of the holiday stuff coming months before an actual holiday, to the point where many of us are burnt out by the time the holiday arrives.

-- Posted by gurusmom on Mon, Oct 27, 2008, at 12:33 PM

Someone can drive responsibly, but still have an accident. A deer can run in front of your car, a tire can blow on your vehicle or the one beside you causing you to veer into the median where now you will be pushed right back into the area of danger you were trying to avoid since the cable is so close to the left lane.

-- Posted by all_i_hear_is_blah_blah on Mon, Oct 27, 2008, at 12:35 PM

i already see some of those cable posts laying on the

ground where someone has hit them ...that cable may

stop a car but will it stop a semi ? will there be

a cable on both sides of I-55 or just the southbound ?

do we have a lot of crossover wrecks ? i don't recall

many...

-- Posted by ..Rick on Mon, Oct 27, 2008, at 12:46 PM

Rick, I don't know the exact numbers but if you have ever seen just one head on collision, you know that it is one too many.

-- Posted by all_i_hear_is_blah_blah on Mon, Oct 27, 2008, at 1:20 PM

GurusMom: St. Charles has easy access to its downtown. Cape Girardeau's downtown is not so handy to get to, and yes, it is dreary. Cape always seems to behind the curve ball. They have a good bridge and didn't make good use of it. I think that a casino should be located on the Illinois side.

-- Posted by BCStoned on Mon, Oct 27, 2008, at 1:22 PM

all_i_hear_is_blah_blah

yes , i agree...but what will stop a north bound

vehicle from cross over ? is this a function of

the south bound cable also ?

-- Posted by ..Rick on Mon, Oct 27, 2008, at 1:36 PM

Again, I am neither for or against casinos but I do understand the right that people have to blow their money if the choose.

Me'Lange,

Now I'm curious. The only reason that I can fathom why you are anti-casino is due to the types of people that they attract. That's fine, but, to be affected by these people, you'd have to either live on Main Street or you must frequent downtown regularly; and I doubt that a 46 year old woman frequents downtown enough for this to be an issue. So, I ask you, do you live downtown? And, if you do, do you also realize that there are worse people already in that area? During my travels throughout the day, I pass the casinos in the City of St. Louis and the types of people that I see on a regular basis are older black women, not "thugs." Continuing, you cited that local municipalities receive $5k for every $100k. According to http://www.ameristarcasinos.com/corp/Ame... , Ameristar St. Charles had a net revenue of $147 million during the first half of 2008. Extrapolating that value out to a year would be $294 million of net revenue. Now, according to your citation (source?), that would equate to $14.7 million provided to the City of St. Charles in 2008 alone. Even half of that would be a significant "free" boost to Cape Girardeau's bank account, would it not? The point I am trying to make is that why are you so concerned with how other people live their lives? Personally, I find it funny that people become "addicted" to wasting their money pushing buttons and saying "hit me."

Rick,

I see your point about how people will lose interest in a casino over time. However, after 6 years in operation, Ameristar St. Charles is still seeing increasing revenue according to the link provided above. Again, I saw people lined up across a friggin county line to go waste their money--6 years after the casino opened.

-- Posted by isobar on Mon, Oct 27, 2008, at 2:29 PM

Casinos:

Some people may be disappointed with the results of a Casino if they expect it to work miracles for Cape.

Caruthersville was a dump before they put a casino in and it is still a dump. Of course it would be hard to imagine ow crime could get any higher than it was already, so that was never a concern.

I have never been in a casino and never will and I don't live in Cape, so this will not affect me, just my opinion.

-- Posted by D'oh on Mon, Oct 27, 2008, at 2:48 PM

Here is a list of factories which have closed during the last ten years, or, so. Most of them closed under Jo Ann Emerson's remote representation of us from her mansion in Washington, DC, and, since 2000, in St. Louis with her hubby, Ron Gladney.

Please pardon the length of this post. I could not find another way to format the list.

Please focus on all those people who have lost good paying jobs, and why then, does Jo Ann Emerson want them to pay off the gambling debts of the Wall Street greedy gambling bankers and foreign banks, with their lower wage jobs, if they found a job at all?

Advance

Inland Shoe

Bernie

IXL closed south plant

Caruthersville

Box Factory

Bridge Wheel

Colson

Gates Rubber,

Missouri Fabrication

RT Friction

Chaffee

Columbia Sportswear

Box Factory

Cape Girardeau

Bunny Bread

Dana Corporation

Emerson Electric

Nuth Rubber

Tri-Con Seat Covers

Thorngate - 250 jobs

Charleston

Gates Rubber

Dexter

Arvin (Downsized > ½ )

Elders Manufacturing

Paramount Cap

Prestige Printing

Purolator

Doniphan

Lignetics

FEDCO

A windmill factory

Katie’s Needle

East Prairie

Story's Popcorn

Farmington

Tyco?

Huffy Bike

Kennett

Emerson Electric

UARCO

Malden

Circle D

Federal Mogul

Sterling Piston

Yakel

C.B. Forms

A garment factory

RTW cutting tools

Marquand

The Crayon factory

Morehouse

Rowe Furniture

Mountain View

Angelica Garment

Conaway Winter

A boat factory

Mountain Grove

Arlee Home Fashions

Fordick

Steel Company

Poplar Bluff

Dalton Adding Machines

Essex (Dow Chemical)

Rowe Furniture Company

Smiley Container

Mopek Plastics

Portageville

PLASTENE (370 jobs lost when they closed)

Puxico

A uniform plant

Rolla

Briggs and Stratton

Sikeston

Bunny Bread

Canvas Products

Coca Cola

Cotts Bev. layoffs

Essex Wire

Fleming Foods

Growe's Sportswear

Heritage Homes

Inman Trucking

National Lock

Trans-o-gram toys

Triangle Wire

A wallet factory

A brass company

C&F Foods

Steele

Milwaukee Tool

Steele Manufacturing

Thayer

Arlee Home Fashions

Van Buren

Paramount Cap

West Plains

AMYX

Arlee Home Fashions

Gardner's Shoe

Joy Dog Food

These Corning, Arkansas plants, which closed, employed many Ripley and Butler Countians.

BASLER

HARTS

Factories with several locations that closed in southern Missouri.

Paramount Cap, Arlee Home Fashions, Elders Manufacturing, H.D. Lee, Inland Shoe, Brown Shoe, International Shoe.

In 1980, there were FIFTY shoe factories in the 8th Congressional District. Today there are none

Vote JOE ALLEN ...... www.allen4congress.com

-- Posted by Robert Goodbody on Mon, Oct 27, 2008, at 3:08 PM

"Greenspan's shock"

You are 100% right about Greenspan. Did you know that Greenspan has long be an advocate of bringing in more skilled labor from foreign countries to drive down the wages of skilled workers to be close to the wage of unskilled workers? Greenspan and others in that bunch that Jo Ann Emerson just used our wages to bailout on Wall Street, believe that if the unskilled workers see that the skilled worker makes about what they do as unskilled workers, that the unskilled workers won't be so upset at being paid so little. I kid you not. That is what these idiot friends of Jo Ann Emerson believe.

Just as they believed that they could make side bets, called derivatives on the collapse of the mortgage market, then go out and DEMAND and buy up risky loans, so that they would win the bet on the collapse of the mortgage markets. These scumbags are the lowest slime who slither about on the earth, and Jo Ann Emerson is out there trying to tell people that she had no choice but to vote for the bailout.

Read what a REAL Republican had to say about the bailout. This is 7th District Cogressman John Culbertson from Texas... Here is Republican John Culbtertson, 7th District of Texas's, website.

http://www.culberson.house.gov/

My preferred solution to the credit crisis was to repeal the mark-to- market accounting rule and raise the $100,000 FDIC insured limit on bank deposits to $250,000. Unfortunately, this bailout bill also included $42 billion in tax increases and pork barrel spending, and I could not support it. I am committed to finding a solution that restores liquidity to the banking system, and these two steps will help immensely, giving Congress and the Administration time to think the problem through carefully. While I am glad the SEC Chairman Chris Cox repealed the mark to market rule, and that the bailout bill raised the FDIC insured limit to $250,000, I co-sponsored the conservative alternative, H.R. 7223. To read about the Free Market Protection Act, click here.

The White House and the Treasury both tell us that nothing in this bill will prevent this crisis from happening again, or bring those responsible to justice and that $700 billion may not even be enough. The bill grants the Treasury Secretary unprecedented authority - he can bail out any financial institution operating in the United States by paying any price he wants for any financial instrument, for any reason, and no one can stop him or restrain him in any way as long he makes a phone call or writes a letter to Congress telling us what he has done.

Since we will have to borrow the $700 billion by selling TBills on the international bond market, and the largest percentage of TBills are bought by the Chinese or other hostile powers through Middle Eastern sovereign wealth funds, under this bill, American taxpayers will borrow billions of dollars from Chinese and Middle Eastern banks to bail out Chinese and Middle Eastern banks.

This bill also raised the national debt to $11.3 trillion, doubled the deficit overnight, and saddled our children with at least $1 trillion in new unfunded obligations. All for a bill the Treasury Secretary admits won't prevent the problem in the future and may not solve the urgent problem in front of us.

Federal property managers will be able to rewrite mortgages to reduce principal and lower interest rates to zero if they wish, and they can give away foreclosed or distressed-loan homes in your neighborhood to anyone they wish. Liberals who manage these programs will give away millions of free or reduced homes in neighborhoods all over America to families who could not otherwise afford them. The federal government now has the power to create federal housing projects, house by house, in neighborhoods all over America. Just imagine what that means for property values and the safety and security of your neighborhood.

I was one of only seven House members to vote against loosening lending restrictions on FHA home loans in 2007, I opposed the taxpayer bailout of Fannie Mae and Freddie Mac earlier this year, and I strongly supported the unsuccessful Fannie/Freddie reform bill of 2005, which would have helped avert this crisis.

We need Congressional action to help forestall and ease the credit crisis, but this bill won't solve that problem, won't prevent future problems, and was rushed through far too fast for us to be thoughtful and deliberative.

Here are several recent news articles that help explain the history of the current credit crisis:

http://www.independent.co.uk/opinion/com...

http://online.wsj.com/article/SB12221294...

Congressman Culberson Opposes Bailout

My preferred solution to the credit crisis was to repeal the mark-to- market accounting rule and raise the $100,000 FDIC insured limit on bank deposits to $250,000. Unfortunately, this bailout bill also included $42 billion in tax increases and pork barrel spending, and I could not support it. I am committed to finding a solution that restores liquidity to the banking system, and these two steps will help immensely, giving Congress and the Administration time to think the problem through carefully. While I am glad the SEC Chairman Chris Cox repealed the mark to market rule, and that the bailout bill raised the FDIC insured limit to $250,000, I co-sponsored the conservative alternative, H.R. 7223. To read about the Free Market Protection Act, click here.

The White House and the Treasury both tell us that nothing in this bill will prevent this crisis from happening again, or bring those responsible to justice and that $700 billion may not even be enough. The bill grants the Treasury Secretary unprecedented authority - he can bail out any financial institution operating in the United States by paying any price he wants for any financial instrument, for any reason, and no one can stop him or restrain him in any way as long he makes a phone call or writes a letter to Congress telling us what he has done.

Since we will have to borrow the $700 billion by selling TBills on the international bond market, and the largest percentage of TBills are bought by the Chinese or other hostile powers through Middle Eastern sovereign wealth funds, under this bill, American taxpayers will borrow billions of dollars from Chinese and Middle Eastern banks to bail out Chinese and Middle Eastern banks.

This bill also raised the national debt to $11.3 trillion, doubled the deficit overnight, and saddled our children with at least $1 trillion in new unfunded obligations. All for a bill the Treasury Secretary admits won't prevent the problem in the future and may not solve the urgent problem in front of us.

Federal property managers will be able to rewrite mortgages to reduce principal and lower interest rates to zero if they wish, and they can give away foreclosed or distressed-loan homes in your neighborhood to anyone they wish. Liberals who manage these programs will give away millions of free or reduced homes in neighborhoods all over America to families who could not otherwise afford them. The federal government now has the power to create federal housing projects, house by house, in neighborhoods all over America. Just imagine what that means for property values and the safety and security of your neighborhood.

I was one of only seven House members to vote against loosening lending restrictions on FHA home loans in 2007, I opposed the taxpayer bailout of Fannie Mae and Freddie Mac earlier this year, and I strongly supported the unsuccessful Fannie/Freddie reform bill of 2005, which would have helped avert this crisis.

We need Congressional action to help forestall and ease the credit crisis, but this bill won't solve that problem, won't prevent future problems, and was rushed through far too fast for us to be thoughtful and deliberative.

Here are several recent news articles that help explain the history of the current credit crisis:

http://www.independent.co.uk/opinion/com...

http://online.wsj.com/article/SB12221294...

-- Posted by Robert Goodbody on Mon, Oct 27, 2008, at 3:16 PM

RG,

Good grief, give it a rest; seen it all before.

-- Posted by D'oh on Mon, Oct 27, 2008, at 3:16 PM

Jo Ann Emerson's VOTES THAT KILLED JOBS IN SOUTHERN MISSOURI.

(now, blackshadow, have you seen this before?)

Representative Jo Ann Emerson voted for the bailout of WALL STREET & FOREIGN BANKERS, and she voted for job killing “Free Trade” Policies.

Voted YES on promoting Free Trade with Peru (November 2007)

Voted NO on assisting workers who lose jobs due to outsourcing of jobs (October 2007)

Voted YES on implementing Central America Free Trade Act (July 2005)

Voted YES on implementing Free Trade Agreement with Singapore (July 2003)

Voted YES on implementing Free Trade Agreement with Chile (July 2003)

Voted NO on withdrawing from the World Trade Organization (June 2000)

Voted YES on PERMENANT Most Favored Nation Trade Status for Communist China (2000)

Noted YES on 'Fast Track' authority for Trade Agreements (September 1998)

Then, on Monday, September 29th, and again on Friday, October 3rd, Jo Ann Emerson voted against 90% of the people in southern Missouri who told her not to vote for the Bailout of Wall Street's greedy, gambling bankers and Foreign Banks. Jo Ann Emerson is Wall Street's and the insurance industry's best friend. (She was an insurance lobbyist before she met Bill Emerson, while he was still married.) Once a lobbyist, always a lobbyist. That is why she is such a great meet and greeter... the insurance industry trained her well so she could lobby for them.

Meet a new face.. such an honest face... Pro-Life, Pro-Property Rights, Pro-Gun with an ("A") from the NRA... JOE ALLEN ... www.allen4congress.com

-- Posted by Robert Goodbody on Mon, Oct 27, 2008, at 3:55 PM

Dr.Pepper

there are more folks in St.Charles and the St.Louis

general area to keep casinos filled then there is

in Cape ...i don't agree with the poster who suggested

putting a casino on the Illinois side of the river...

when ya hit that big jackpot , ya gotta pay Illinois

taxes too ..

-- Posted by ..Rick on Mon, Oct 27, 2008, at 3:56 PM

90% of the people told her to vote no? How can you even claim that to be a true statement?

-- Posted by insider63785 on Mon, Oct 27, 2008, at 4:47 PM

Socialized health care: Real freedom is not having the fear that the government will put a gun to your head and force you to pay for someone's health care.

-- Posted by BCStoned on Mon, Oct 27, 2008, at 5:19 PM

all_i_hear_is_blah_blah,

As a construction engineer with a civil engineering educational background, I should know that producer is correct--the theory is to keep the "uncontrollable" vehicle traveling in the same direction as the other vehicles traveling in that same direction as the drivers have an exponentially greater chance of witnessing the event and taking corrective action. You are a rare example of someone who keeps track of vehicles traveling in the opposite direction on divided freeways--I know that I rarely do. The simple fact is that people just don't pay attention to traffic on the other side. To use one of your own examples, if a tire blows out under the right circumstances, it can jerk a car and its passengers clear across a standard grass median in less than a second. Average reaction time (PIEV--Perception, Identification, Emotion, and Volition) for an 85th percentile human being is 2.5 seconds. I'll take a barrier, any barrier, thank you very much.

Shadow,

I don't live in Cape as well. I went with a few friends a couple of years ago and they gave me $200 to play with and I gave $180 back, lost $20 and thought that that was the worst way to spend money, ever.

Me'lange,

It now sounds like you are backtracking. Sources... I'm not scanning through umpteen Speak Out blogs to find what I'm looking for. I'd google it if I really did care--I just took your provided information and came up with $14.7 million dollars that the City of St. Charles can expect in 2008 gambling revenue from Ameristar.

Rick,

And then I mentioned, "Even half of that would be a significant "free" boost to Cape Girardeau's bank account." As long as it's a wash, who cares, right?

-- Posted by isobar on Mon, Oct 27, 2008, at 6:06 PM

all_i_hear_is_blah_blah,

you got that right !

i wouldn't go anyways so it don't matter to me

one way to the other...

-- Posted by ..Rick on Mon, Oct 27, 2008, at 6:24 PM

All of my posts concerning my opinion about the interesting Broadway Hardees - Family Video deal and how Global Trading was royally shafted by the city and how Hardees franchisee received TWO homes purchased by the Cape taxpayers and given to Broadway Hardees, and ultimately to the group who sold Broadway Hardees to Family Video are gone.

Is it because there is an alleged connection between the good ole boys, and an immediate family member of Gerald Jones, our controversial Presiding Commissioner and that sale?

No allegations of wrong doing, it is my opinion that it makes for an interesting lookie see by someone with investigative and subpoena powers. Nothing more. Just a lookie see.

-- Posted by Robert Goodbody on Mon, Oct 27, 2008, at 6:35 PM

Goodbody

maybe the post were too long and folks got tired

of scrolling past them ...u do write long *** posts

-- Posted by ..Rick on Mon, Oct 27, 2008, at 7:15 PM

Robert Goodbody:

Why should I vote for this person you are so overwhelmed with? I just went to Joe Allen's website and this it what he says to me.....If I would be raped he would not allow me to have an abortion. If my daughter would grow up to be a lesbian this man would not allow her to marry her partner. This man calls himself a Democrat? Why should I vote for a Democrat if they have the same ideas as the G.O.P.? I am so sick of this whole abortion/gay marriage scare. Note this was on top of the list for the Bush/Cheney vote and as of this year look at all the other states that have passed gay marriage and women can still get abortions. WOW! Are most of you blind to this?

-- Posted by tristategossipgirl on Mon, Oct 27, 2008, at 8:19 PM

willey,

You could not be more right. A casino will attract a large number of out of towners to go down town. It will offer an opportunity for down town to become something more than it is. I go to down town St. Louis to enjoy the landing and to gamble. There will be those who only go to the casino. I see a casino as just another down town attraction. It is not a panacea but merely another entertainment device.

Down town Cape is much better than it used to be. So much is being and has been renovated. I think a casino would add to a certain attractio if done right. As for access with the new bridge and highway it is easier to get to down town Cape than it is to get to the river front in St. Charles. So Vote NO.

-- Posted by shortwhitebaldguy on Mon, Oct 27, 2008, at 8:57 PM

Another robbery occurred at the gas station at William and Hanover. That coupled with the constant gun shots on the south end of town, makes me wonder, would it be better to have the police patrolling the city streets or setting up speed traps on I-55? Do the tax payers of Cape really care about how fast the traffic is moving on the Interstate?

-- Posted by The_Cynic on Mon, Oct 27, 2008, at 11:31 PM

Governor of Hawaii seals Obama's Birth Records!

http://mobushwhacker.bravejournal.com/ar...

-- Posted by mobushwhacker on Mon, Oct 27, 2008, at 11:32 PM

Governor of Hawaii seals Obama's Birth Records!

http://mobushwhacker.bravejournal.com/ar...

-- Posted by mobushwhacker on Mon, Oct 27, 2008, at 11:33 PM

mobu

I'm sure the Republican party would let this slide if it were true. Give it a rest - you've been telling this story for days and it's bullwaste.

-- Posted by concerned4all on Tue, Oct 28, 2008, at 1:33 AM


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