Posted: 24 February, 2011 | Author: Scott Schaefer | Filed under: Barack Obama, Elections, Mid Term Election, Politics, Progressive Agenda, Recession, Unions | Tags: congressional elections, democratic party, democrats, economics, liberal agenda, political corruption, progressive agenda, ronald reagan, Scott Schaefer |

Wisconsin Republicans have begun increasing the pressure on the Democratic State Senators who fled Wisconsin to prevent legislature from having a quorum, thus forestalling that body’s ability to vote on budget legislation aimed at returning the state to a sustainable course of fiscal sanity.
These Democrats, who fled Wisconsin faster than the French left Paris, are obstructionists who are refusing to work within the law, continue to reject the defeat Democrats suffered at the polls in the November midterm elections. The massacre suffered by the Democrats in November was due to a political tsunami of American voters who turned out by the millions, casting their votes for fiscal responsibility. Read the rest of this entry »
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Posted: 27 January, 2011 | Author: Scott Schaefer | Filed under: Demographics, Economy, Housing, Recession | Tags: Economy, Housing, housing market, housing prices, real estate, real estate market, recession |
Data through November 2010, released January 25 by Standard & Poor’s for its S&P/Case-Shiller Home Price Index, the leading measure of US home prices, show a deceleration in the annual growth rates in 17 of the 20 Metropolitan Statistical Areas (MSAs) and the 10- and 20-City Composites compared to what was reported for October. The 10-City Composite was down 0.4% and the 20-City Composite fell 1.6% from November 2009 levels. Read the rest of this entry »
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Posted: 19 January, 2011 | Author: Scott Schaefer | Filed under: Bailouts, Barack Obama, Economic Stimulus, Economy, Mid Term Election, Politics, Recession | Tags: barack obama, constitutionality, federal government, lawsuits, obama, obamacare, supreme court |
As House Republicans in Washington along with the new Tea Party freshman ponder and debate how to repeal ObamaCare, six more states joined a lawsuit in Florida against President Obama’s health care overhaul. Now more than half of the states in the Union are challenging the law. Read the rest of this entry »
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Posted: 30 December, 2010 | Author: Scott Schaefer | Filed under: Economy, Housing, Recession | Tags: economics, Economy, housing market, lexington luxury builders |
December 2010 Overview
The December housing market begins with a continuation of the seasonal price and inventory declines, with asking prices down by 0.45% this month and active inventory down by 3.16%. In November 2010, the Altos 10-City Price Composite continued its seasonal decline by 0.45%. Expect weekly declines in price, inventory and demand through the end of the year. Watch the third week of January before the first inklings of seasonal demand uptick become visible. Read the rest of this entry »
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Posted: 25 December, 2010 | Author: Scott Schaefer | Filed under: Barack Obama, Defense, Economy, Politics, Progressive Agenda, Recession | Tags: barack obama, Economy, liberal agenda, Politics, progressive agenda, redistribution of wealth |
A great American philosopher once said: It’s Déjà vu all over again. Although it’s a great line, my intent here is not to wax philosophic by quoting Yogi Berra. The malaise in which America now flounders is Déjà vu all over again, as it is eerily reminiscent of the America of 1980 and the malaise in which the country was mired at that time. Because the last thing they want are parallels being drawn between Barack Obama and Jimmy Carter, liberals will disagree, but the similarities are so striking they’ll have to split hairs to do it. Very much the way Jimmy Carter split hairs over the definition of recession while debating Ronald Reagan in 1980.
Though I’m convinced the similarities between America in 1980 and America today are clear, I’ll illustrate them with several irrefutable examples. Mind you, this is by no means a comprehensive list, we don’t have that much ink, so these are just a few examples: Read the rest of this entry »
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Posted: 18 October, 2010 | Author: Scott Schaefer | Filed under: Economy, Media, Politics, Recession, Tea Party | Tags: barack obama, congressional elections, Health Care, health care reform, healthcare reform, nancy pelosi, obama, obamacare, stupak, Tea Party |
Seven months ago the Speaker of the House, Her Highness Nancy Pelosi, was busy rounding up votes to win approval in the House of the version of the ObamaCare Bill which had passed in the Senate. Not an easy task, to say the least.
Democratic representatives who had voted no in November had to be convinced to switch their vote to yes in March. She also had to persuade Democrats who had refused to vote for the bill in November, because it hadn’t contained an anti-abortion amendment, to vote for the bill in March which lacked the same language.
She quite boldly scheduled the vote for Saturday to keep besieged Democratic representatives from returning home to their districts. She didn’t want the resolve of her members waning because they would have been attacked by those vicious Obamacare opponents. You remember, she said they were violent, anti-American astroturf.
She was, of course, referring to tea party patriots, but we can just call them voters, for now. Those opponents, according to polls at that time, included most American voters. But Pelosi, Obama and Bill Clinton all predicted the bill would become more popular after it was passed. Pelosi added, at the time, that people would like it better after they had a chance to read it and find out what was in it. She was including all of the House and Senate in the group who would like it more after reading it.
Based on the level of enthusiasm behind the throw the bastards out movement, the voters haven’t yet come around to her way of thinking. All of the national polls agree that the voters are still very much opposed to ObamaCare.
And what, do you suppose, will become of those spineless Congressmen who voted for the bill, but who are from districts very much opposed to the ObamaCare legislation? They cast the votes which made ObamaCare the law of the land. Those bastions of integrity are in their home districts, right now, campaigning for re-election. Certainly they must be extolling the virtues of ObamaCare from every soapbox in the land, winning over the hearts and minds of the voters by discussing the merits of the legislation.
What about those idiot Congressmen who cast the key votes that made Obamacare law? Democrats, one and all, each with a significant interest in convincing the astroturf that ObamaCare is a good thing, and that’s why they voted for it. How do you think they are doing? Not well, at all, is the answer.
Take Betsy Markey of Colorado who in 2008 beat a Republican fixated on the same-sex marriage issue. Markey cast a late no vote November, then publicly switched to yes a week before the March vote. She’s currently trailing Republican opponent Cory Gardiner by an average of 44 to 39 percent in three polls. She isn’t talking about the legislation at all except for a link on her website, which links to a video saying she had "the honor" to vote for the bill. Otherwise, she and her website are silent on the issue.
Or consider John Boccieri of Ohio, who switched from no to yes during a television press conference in which he said the bill would do great things for his constituents. His constituents had voted Republican for 58 straight years until electing him. They’ll be voting Republican again in just a couple of weeks, as Republican challenger Jim Renacci is leading by 10 points in the polls. Boccieri’s website courageously provides a video of the Congressman defending Obamacare and challenging opponents to say which provisions they’d give up.
Then there is Suzanne Kosmas, a longtime real estate agent who beat a Republican with an ethics issue in 2008. She announced her switch from no to yes late in the week before the vote. She’s now running behind her Republican opponent Sandy Adams by an average of 7 percent in recent polls.
To put these numbers in perspective, incumbent Representatives almost never trail a challenger in any poll, nor do they ever run significantly below 50 percent. But these three Democrats, to sample but a few, are running between 5 and 10 points behind Republican challengers, and none of them polls above 40 percent.
Those three are doing well, insomuch as they are at least running, trying to get themselves reelected, which is more than can be said for Bart Stupak of Michigan. You must remember Bart. He was the chief sponsor of the anti-abortion amendment that he forced into the House version of the bill in November. Bart was on television just hours before the roll call vote, dripping with integrity, telling all of America that he was not going to vote for the legislation. Hours later, he did just that, placated as he was, with an executive order. An executive order, which he was assured Barack Obama would sign, that would have the same effect as actually drafting antiabortion language into the bill.
Legal experts and abortion opponents disagreed. But, Bart Stupak cast a critical vote for the bill, as did five other Democrats who were widely referred to as "the Stupak five," all of whom flanked him at his press conference, that fateful day. If these six votes had gone the other way, Obama would have been defeated.
Bart’s prospects of reelection were so grim, he’s not even running. In fact, Urban Dictionary now defines s Stupak as follows:
stu·pak /stooˈpak/,-paked, -pak·ing (noun). A person who comes up with lame ideas; is really dumb, moronic, asinine, idiotic or has shit for brains. Origin: the US Congress 2010.
In Stupak’s home district, Republican Dan Benishek, who is running against Stupak’s Democratic replacement, is leading in the polls by 17 points, with the Democratic candidate garnering a whopping 27 percent.
Two of the Stupak five, Steve Driehaus of Ohio and Kathy Dahlkemper of Pennsylvania, are each being beaten like a drum. In his Cincinnati-area district, Driehaus trails 51 to 41, while Dahlkemper trails by a margin of 45 to 37 percent in her Erie Pennsylvania area seat.
Another one of Stupak’s group, Alan Mollohan, from West Virginia, was elected for the first time in 1982, but lost his bid for the candidacy in the May primary. Only one of the group, Nick Joe Rahall, first elected in 1976, won his primary and seems well ahead for November. But for him, the Stupak Five would have met with extinction.
Circumstances are the same with these races and dozens of others: the fateful vote which was cast by many Democrats in favor of ObamaCare is proving to be a career ender.
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Posted: 15 August, 2010 | Author: Scott Schaefer | Filed under: Bailouts, Economic Stimulus, Economy, Media, Politics, Progressive Agenda, Recession | Tags: bailouts, emergency stimulus, federal budget |
Congress has approved another emergency bailout. Another bailout, another $26,100,000,000. Just another in a long line of massive Obama bailouts we’ve been forced to accept as an emergency. Nancy Pelosi and House Democrats spent $26,100,000,000 of taxpayer money with such haste this week that they didn’t even have the courtesy to come up with a catchy patriotic name, so it remains untitled.
I feel slighted. If Obama and the Central Committee are going to piss away $26 Billion on another bailout, they should at least have the decency to give it a catchy name. Glenn Beck, a patriotic American always willing to sacrifice for the good of the country, was good enough to suggest that we name this legislative gem The Affordable Jobs Act For American Loving Americans Going Back To Work At Their Job And Sick Kids Too Act. As usual, Glenn Beck was right, it’s catchy.
In typical Obama fashion, sweeping legislation passed with no transparency, this time without even the appearance of any effort to educate the public. But, my God, there’s no time to inform the public, it’s an emergency bailout!
Following the long-term Obama stratagem for transformational change, it’s always an emergency, and you better not disagree. In the case of this massive spending bailout, we couldn’t oppose it, after all, it was to save the kids. Surely you don’t hate kids!
The most magnificently dishonest President in history has utilized this strategy with all legislation for bailouts that spend taxpayer money on a massive scale or that seize power on an unprecedented level. In virtually every instance, it’s been done with blatant disregard for the Constitution, you know, that pesky little document the Progressives are determined to undermine and progress beyond.
Many of you still don’t see the dishonesty, or can’t bring yourselves to believe that Obama is evil, acting against the best interests of the country, so I’ll illustrate how it is occurring, every day, in Washington.
For disingenuous Progressives like Obama to pass sweeping reforms, they developed a foolproof game plan against which no defense existed, because Americans, being uniquely American, would never accept change that transforms America into a second-rate socialist nation. At least under normal circumstances.
Barrack Obama and the gaggle of progressives, liberals and socialists that permeate his administration, devised a plan to pass sweeping changes that fundamentally transform America. With the unwavering assistance of the mainstream media who support Obama much like the Pravda of old supported the Politburo, they’ve executed it with remarkable ease. Brilliant in it’s simplicity, their plan follows this blueprint.
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Insure Crisis. Transformational initiatives must happen quickly, and must, therefore, always be a crisis, the solution to which must pass immediately, lest the country succumb to the horrific consequences of inaction.
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Identify the Enemy. The proffered solution to the then immediate crisis targets an evil, horrible enemy, such as health insurance companies when Obama seized control of the health care system or Wall Street Fat Cats when Obama took unprecedented control over the country’s financial institutions.
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Protect Little Guy. If no clearly identifiable enemy is available as specified in Step Two, then the proposed solution must protect some group of us little people, in a way which appears so altruistic that we dare not disagree. Such as the case this week; you don’t hate the kids, do you?.
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Political Nuke. If circumstances provide no Enemy or Protection as described above, go nuclear. No matter what the opposition is to and Obama proposal, it is really only because thee who opposes is racist.
Touted with unwavering media cooperation as the first post-racial president, Obama uses Race Baiting as a tactic whenever and wherever convenient. Just as he used the Race Card against Bill Clinton to defeat Hillary in the primaries.
Even those who disagree with Bill Clinton consistently, such as myself, have never accused him of being racist. Bill Clinton accused Obama then of “using the Race Card” and he was right. But, Race Baiting worked. Bill was portrayed as racist and Hillary was defeated. A brilliant tactic, one which is obscenely evil, but effective nonetheless.
This Progressive game plan has worked, thus far, and it worked again this week, as Obama fundamentally transformed Americans out of another $26 Billion. Unsaid by Obama and the Democrats was that the Trillion Dollar emergency stimulus spending eighteen months ago, which became the American Recovery and Reinvestment Act was to save the teachers, the kids, the cops, the economy and everything else, and it was an emergency. Ask yourself this:
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If the Trillion Dollars in emergency bailout eighteen months ago was such an immediate emergency, why is $400 Billion still not spent?
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If $400 Billion of the emergency bailout from eighteen months ago is still available, why not spend it on the teachers now?
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What new emergency worthy of another $26 Billion bailout has come up for those very same teachers?
On the other hand, if you’ve had enough of the deceit, race baiting, taxing, spending and Barrack Obama and his Progressive Agenda, Sign Up Now for the truth and Join Me and millions of other good Americans in fighting back against the fundamental transformation of America into a second rate socialist nation. Learn The Truth before it’s too late and Join In The Fight To Save America.
Scott Schaefer
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Posted: 25 July, 2010 | Author: Scott Schaefer | Filed under: Economy, Media, Politics, Recession, Unions | Tags: demographics, economics, Housing, housing inventory, housing market, housing market research, lexington development, market, market conditions, market trends, Scott Schaefer |
Our elected officials in Washington have struck again. Just months after passing a tax-raising, job-killing health care bill, Congress approved and the socialist who resides in the White House has signed financial regulatory reform legislation that lacks – ironically enough – any actual reform. Proponents of the Dodd-Frank Wall Street Reform and Consumer Protection Act will undoubtedly hail it as a triumph of Main Street over Wall Street, but they have it backward. It will be small businesses and families shouldering the brunt of this legislation through higher fees, less choice, and fewer opportunities to responsibly access credit.
So what does the Dodd-Frank Act do? For one thing, it calls for more than 350 regulatory rule-makings, 47 studies, 74 reports, and counting. This tsunami of new rules and studies will cause tremendous uncertainty—making it harder for businesses to raise capital, make investments, and create jobs. To put this effort into context, the Sarbanes-Oxley Act required 16 rule-makings and 6 studies—which took more than two years to complete. In the meantime, businesses must contend with a bill of which Sen. Christopher Dodd (D-CT), one of its chief architects, remarked, “No one will know until this is actually in place how it works.” If that’s not a recipe for confusion, uncertainty, and litigation, I don’t know what is!
The complications don’t end there. The Chamber believes that you can’t have real reform without reforming the regulators. So it comes as a disappointment that the Dodd-Frank Act creates even more regulatory agencies on top of a fundamentally flawed, outdated system, instead of fixing the system itself. These new bodies include the Consumer Financial Protection Bureau, a sprawling new bureaucracy with unchecked and far-reaching powers that could potentially regulate hundreds of thousands of non-financial businesses.
The Dodd-Frank Act will also put American financial firms at a disadvantage by imposing rules and regulations that haven’t been or won’t be adopted globally. In a world where capital can move easily, it will go to where it is welcome, safe, and can generate a decent return. This new legislation is the equivalent of a “keep out” sign on the front lawn, forcing legitimate business activity to foreign markets that are hungry for additional capital. This will increase the cost of capital here at home, and could further put the squeeze on small businesses.
While the passage of the Dodd-Frank Act marks a sad day for the U.S. economy, jobs, and the future of our capital markets, the fight is far from over. The Chamber will continue to work vigorously through all available avenues—regulatory, legislative, and legal—to guarantee appropriate implementation of the bill and to ensure that we have the most efficient, transparent, and well-regulated capital markets in the world.
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Posted: 10 April, 2010 | Author: Scott Schaefer | Filed under: Economic Stimulus, Media, Mid Term Election, Politics, Progressive Agenda, Recession, Tea Party, Unions | Tags: conservative politics, corruption, dear leader, democrats, Health Care, health care debate, health care reform, healthcare, healthcare reform, liar, liberal agenda, liberals, lies, obama is lying, obamacare, obamunism, patriots, Politics, progressive agenda, progressives, redistribution of wealth, Scott Schaefer, socialism, socialist, socialists, stop liberals now, Tea Party, tea party patriots |
I remember it like it was yesterday. It was presidential election season in the run-up to the 1980 election between Jimmy Carter and Ronald Reagan. I was 16 years old and paying a great deal of attention to the watershed election of my lifetime and still remains the widest chasm between candidates I have ever seen. I started very excited about observing American democracy at work.
That excitement changed to resentment when I realized that every Democratic politician I observed was lying, and virtually every reporter and journalist allowed it and assisted in the effort; paragons of virtue, one and all. I put resentment aside, becoming excited once again, because I saw things so clearly. I understood the course I had to follow with total clarity. I went to work… and did everything I could, to win that one for the Gipper. Read the rest of this entry »
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Posted: 4 March, 2010 | Author: Scott Schaefer | Filed under: Economic Stimulus, Health Care, Health Care Reform, Politics, Recession, Tea Party | Tags: Health Care, health care reform, obama, obamacare, progressive agenda, progressives, socialism, taxes, Tea Party |
With severe beatings of democrats in Virginia and New Jersey, and an electoral upset in Massachusetts, the bluest of blue states, voter discontent with Obama and his Progressive Agenda have become evident. Yet, Democratic leaders and the mainstream media continue to attack me: I am a Tea Party Patriot.
Now that voter discontent has become evident, appearing as it has, in the bluest of blue states, and voter outrage is focused on the president’s handling of terror, taxes and
health care, it is becoming increasingly more difficult to marginalize Tea Party folks. Be that as it may, Democratic leaders have called Tea Party activists:
- · Extremist mobs by the Democratic National Committee.
- · Pawns of the insurance industry by Senator Dick Durbin.
- · Un-American by Nancy Pelosi. and Steny Hoyer.
- · Brownshirts by Representative Brian Baird of Washington.
- · Evilmongers by Senator Harry Reid.
- · Un-American by the Honorable Nancy Pelosi.
They have been accused of fear-mongering by the president, called Manufactured and Astroturf by Press Secretary Robert Gibbs, and have been deemed political terrorists by Baron Hill of Indiana. Democrats, one and all.
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