Archive for the ‘law school’ Category
Monday, December 15th, 2008
future posts by Frank Lynch blog will be available at
http://franklynchusa.wordpress.com
which will be much more active than this blog!!
Please update your Favorites and especially please add
this link to your own blogroll
Thank you for all your support!
Together we have succeeded in defining the issues of the 2008 Presidential campaign.
Prior to posting the new ideology contained in Frank’s Top Ten List on my 2008 Presidential website at http://www.franklynch.org on July 20, 2007, none of the other candidates, including our new President, had included such vital issues as energy independence, windfarms, plug in electric cars, universal healthcare, tuition grants to college students, creating new jobs, and talking to our enemies.
Today all these issues arethe core issues of President Obama and the Democratic Party, and I am proud to have contributed to the future of America.
Please add the new blog http://franklynchusa.wordpress.com to your blogroll and favorites so we may add new issues, such as creating not the small number of Jobs Obama now seeks, but 10,000,000 new jobs!
Posted in abc news, Ann Coulter, auto company bailouts, autos, bank failures, bankruptcies, Barack Obama, Bill Clinton, blogroll, cbs news, change you can believe in, charity, China, cnn, cnn news, college, corporate insiders, Democrats, DNC, education, Florida, Frank Lynch, Frank Lynch Foundation, Frank Lynch University, franklynch.org, Franks Heroes, franksheros.com, geeks, General Motors, glen beck, global warming, Hillary Clinton, history, Human Rights, katie couric, Larry King, law school, life, Lou Dobbs, Michelle Malkin, msnbc news, NATO, nbc news, New Mexico, New Orleans, New York, news and politics, oil, Oprah Winfrey, Paris Hilton, plug in cars, politics, presidential elections, Republicans, Sarah Palin, Uncategorized, universal healthcare, wind power | 1 Comment »
Friday, September 26th, 2008
Historically, every time the Federal Reserve has taken over a bank or savings and loan, the failed institution has been seized by the Fed’s staff arriving at the target institution’s headquarters after the close of business on Friday night, so that the public has the opportunity to adjust to the shock over the weekend, and so that there will not be a run of withdrawals the next morning.
This time, it would appear that the Fed was manipulated by politics regarding the public opposition to the Democratic Congress’ support of Paulson’s $700 billion, no strings attached, gift to his colleagues on Wall Street.
By Thursday afternoon it was clear that the Republicans in Congress had finally decided to listen to the wishes of the voters, and were refusing to go along with the Democratic Finance Chiefs Senators Chris Dodd and detached Barack Obama.
So the Fed attempted to panic the public by taking over Washington Mutual on Thursday night instead of over the weekend.
The Fed is part of the criminal conspiracy seeking to panic the public and the ignorant buffoons in Congress into a fearful stampede or else the world will end!
This is contemptible manipulation of the public through false fear, identical to the strategy of fearful stampede into the second Iraq war.
Thursday’s seizure of Washington Mutual by the Fed is a despicable attempt to use fear and panic to stampede both Congress and the public into a totally wrong and incredibly absurd course of action.
The $700 billion gift to Wall Street makes no sense at all and does nothing to treat the root cause of our problem, which is the permission of the government to financial institutions to bundle mortgages into tradable security packages.
The first step in curing the problem is to outlaw CDO and CMO packages, because they separate accountability from risk, thereby encouraging what should be criminalized activity bu unscrupulous mortgage lenders.
Paulson’s and the Democratic Congress want the bailout package to include “adjusting” individual mortgages downward, not to the new market value of the home, but to what the borrower can afford. Who determines, and by what mechanism, what the borrower can afford.
The adjustment provision goes far beyond socialism: it is pure Communism and abject redistribution of wealth.
No financial system on earth, and no nation, can survive is the government haas the authority to “adjust” individual’s debts.
The bailout package may well be the end of America.
Call your Congressmen and tell them you oppose every aspect of the bailout package.
Current laws and the operation of the Federal Reserve are everything we need for the markets to reach equilibrium. No intervention by government can make the oversupply of housing disappear.
Local governments and pressures within the Democratic Party to seze the foreclosed homes, or to use taxpayer dollars to repo them, and use them for low cost community housing is nothing but the purest form of Marxist Communism that will bankrupt America.
Every elected official who supports the Bush/Chris Dodd/Barack /Obama/Democrats bailout plans should be impeached, AND I mean it.
Then go to these sites and tell your elected officials that you “OPPOSE THE BAILOUT”
http://congressorg.capwiz.com/congressorg/directory/congdir.tt
Posted in abc news, Ann Coulter, bailout, bank failures, bankruptcies, Barack Obama, Bill O'Reilly, blogroll, cbs news, change you can believe in, Communist Dictators, Democrats, Fannie Mae, foreclosres, Frank Lynch, Frank Lynch Foundation, Frank Lynch University, glen beck, Hank paulson, Joe Biden, john mccain, Larry King, law school, Lou Dobbs, Merrill Lynch, Michelle Malkin, mortgage crisis, nbc news, network media, news and politics, Obama, Oprah, presidential debates, presidential elections, Republicans, Sarah Palin, Uncategorized | No Comments »
Sunday, September 21st, 2008
In the final destruction of all the wonderful laws passed by a thoughtful Congress and Franklin Delano Roosevelt to protect the American people from the excesses and corruption that caused the Great Depression, your totally incompetent government taken the final steps to maximize the corruption of our financial system.
The last two major independent investment banking/ stock brokerage houses have now officially become commercial banks.
Don’t believe me? See:
http://federalreserve.gov/newsevents/press/bcreg/20080921a.htm
Posted in abc news, alternative energy, Ann Coulter, bank failures, bankruptcies, banks, Barack, Barack Obama, Bill Clinton, Bill O'Reilly, blogroll, cbs news, change you can believe in, China, cnn, cnn news, Communist Dictators, corporate insiders, corruption, Democrats, DNC, elections, family, Fannie Mae, foreign policy, Frank Lynch, Frank Lynch Foundation, Frank Lynch University, General Motors, glen beck, Hannity and Colmes, Hillary Clinton, Hitler, illegal aliens, Joe Biden, john edwards, john mccain, justice, La Raza, Larry King, law school, London, Lou Dobbs, mccain, Merrill Lynch, Michelle Malkin, mitt romney, msnbc news, nbc news, network media, New York, news, news and politics, Obama, personal, politics, presidential elections, Republicans, socialism, Uncategorized | No Comments »
Monday, September 8th, 2008
Herb Allison,, former president of Merrill Lynch, is the government appointed head of Fannie Mae.
i have been observing for some time that trading in both Fannie Mae and Freddie Mac should have been suspended because any financial analyst with even a broken pencil could see that both companies were grossly insolvent.
Merrill Lynch, Goldman Sachs, and all the brokers have at least one sharp pencil buried beneath the salesmen, and should have reasonably known of the de facto insolvency. They should have advised their customers that these firms were insolvent.
Trial lawyers, paradise is here!
The potential liability is huge to Merrill Lynch for continuing trading these stocks and permitting their customers to buy them through Merrill Lynch, earning excessive commissions for Merrill. The lower a stock price, the higher the commission as a percent of the trade.
Now the former president of one of the firms who did hundreds of billions of trading in the bad paper is in charge of Fannie Mae?
Is there no Shame?
There certainly is no honor left in American finance ad its regulators.
Posted in abc news, Ann Coulter, bank failures, bankruptcies, banks, Bill O'Reilly, blogroll, cbs news, cnn, cnn news, corporate insiders, corruption, Fannie Mae, Frank Lynch, Frank Lynch Foundation, Frank Lynch University, Hannity and Colmes, Hillary Clinton, john mccain, katie couric, Larry King, law, law school, life, Lou Dobbs, Merrill Lynch, Michelle Malkin, msnbc news, news, news and politics, presidential debates, presidential elections | No Comments »
Monday, September 8th, 2008
It was during the mid 1970′s that Fannie Mae started the widespread issuance of MBS or mortgage backed securities which were a giant fraud that built upon itself every year through the administrations of both parties.
The sham is that banks sell bad loans to Fannie who then resells them as triple A absolutely safe MBS, essentially letting the banks take the profits and the taxpayers take the risk and the losses.
As banks did this more and more, running a printing press that used this back door to let banks write government guaranteed mortgages, it fed upon itself like a cancer.
For 30 years, as both the Presidency and control of Congress shifted back and forth between both political parties, and back and forth again so that every elected official of all parties are guilty, this cancer grew, fed by bank contributions to every elected official in America, until it not only transferred $800 billion in new national debt to the taxpayers, and it has destroyed our economy.
This bailout is like cutting the tail off a dog one inch a month instead of all at once.
There will be headlines continuously as we taxpayers inject more and more capital into Fannie and Freddie.
We should, instead, just put them out of their misery and return all mortgage financing entirely to the banks and savings and loans, with no government involvement whatsoever.
This is nothing but creeping socialism.
Posted in abc news, Ann Coulter, bank failures, bankruptcies, banks, blogroll, cbs news, cnn news, Democrats, Florida, Frank Lynch, Frank Lynch Foundation, Frank Lynch University, john mccain, law school, mccain, nbc news, news, Obama, socialism, Vice President | No Comments »
Monday, September 8th, 2008
Paulson’s bailout of Fannie Mae and Freddie Mac just returned the $376,000,000,000 of their debt owned by the Chi Coms to AAA status, and guaranteed Communist China will collect every penny of principal and interest.
Isn’t our government great?
Wait for your tax increase to pay for it.
Posted in abc news, Ann Coulter, bank failures, bankruptcies, Barack Obama, Bill O'Reilly, blogroll, cbs news, change you can believe in, China, cnn news, Communist Dictators, corporate insiders, corruption, DNC, elections, Florida, Frank Lynch, Frank Lynch Foundation, Frank Lynch University, glen beck, Hannity and Colmes, Hillary Clinton, Joe Biden, katie couric, Larry King, law school, Lou Dobbs, mccain, Michelle Malkin, nbc news, news and politics, oil, Oprah Winfrey, presidential debates, presidential elections, Republicans, Sarah Palin | No Comments »
Sunday, September 7th, 2008
In previous posts I criticized regulators for not shutting down trading in insolvent stocks like Fannie Mae and Freddie mac.
Watch the details of the takeover of those companies. I guarantee the regulators will not do the right thing and take them over the same way as banks are taken over, by eliminating the common stock completely.
We know 9 percent of m ortgages are bad and Fannie and Freddie only have 3 percent capital so they are insolvent by 300 percent, so the stock is worthless.
Watch the regulators do a takeover sufficiently complex that you and I do not dare buy the stock immediately, yet the Wall Street insiders will know the true value and will get even richer by having access to information that you and I don’t.
Put em all in jail.
Posted in Ann Coulter, bank failures, bankruptcies, Barack Obama, Bill O'Reilly, blogroll, cbs news, change you can believe in, cnn news, corruption, Democrats, Frank Lynch, Frank Lynch University, glen beck, Hannity and Colmes, Hillary Clinton, Joe Biden, justice, Larry King, law school, Lou Dobbs, mccain, Michelle Malkin, nbc news, news, news and politics, Obama, presidential debates, presidential elections, Republicans | No Comments »
Wednesday, September 3rd, 2008
Posted in abc news, Barack Obama, Bill O'Reilly, blogroll, cbs news, celebrities, change you can believe in, charity, Chicago, cnn news, college, Democrats, DNC, education, family, Florida, Frank Lynch, Frank Lynch University, genocide, glen beck, global warming, Hannity and Colmes, health care, Hillary Clinton, Human Rights, Joe Biden, john mccain, katie couric, Larry King, law school, Lou Dobbs, marriage, mccain, msnbc news, nbc news, network media, New Orleans, news, news and politics, Oprah Winfrey, Paris Hilton, presidential debates, presidential elections, Sarah Palin, universal healthcare, university, Vice President, wedding | 1 Comment »
Monday, May 12th, 2008
Effective Friday, May 9, 2008, Frank Lynch the Futurist withdraws as a Candidate for President of the United States because the national media failed to devote any attention to the issues, and instead continue to focus only on irrelevant and specious details that have no bearing on the future of our Nation.
The failure of the media to address the issues means that our next President will be one of the fatuous corrupt liars who have no substance and no purpose other than to maximize their corrupt personal gains. Because our country will continue to have no effective leadership, Communist China, which has the most effective and focused government in the world, will continue to succeed in their fifty year plan to take over the world.
America, of course, has no fifty year plan. Our idiot and incompetent leaders, as well as the would be leaders, do not even have a nine month plan. Even worse, our leaders are so stupid and blind that they cannot even comprehend the seriousness of Communist China’s plan to take over the world!
The campaign materials will continue to be posted on the web at http://www.franklynch.org as a public service in the hopes that the other candidates, and our huge community of nonprofits and think tanks will continue to absorb the innovative concepts of Frank’s Top Ten List to move America a hundred years into the future quickly enough to avoid conquest by Communist China.
America also faces the prospect of collapse from within, as happened to the USSR. The collapse of the dollar has already happened, accompanied by runaway, debilitating inflation in housing costs, energy and more recently food
The bright spot is that the nonprofit community and the infrastructure of the Democratic Party have been adopting important concepts from Frank’s Top Ten List. Indeed, the infrastructure of the Clinton and Obama campaigns and the Democatic Party around the nation are not only the most frequent visitors to Frank’s website, whenever he posts a new idea, they positively swarm the website, exceeded only by the Chinese military intelligence visitors who are concerned because Frank was the only Presidential candidate who focuses on China’s threat to America.
Although it is hard to believe today because Frank’s ideological leadership has been so effective, when Frank’s Top Ten List was first posted in July, August and September of 2007, no Presidential candidate or their websites included the following concepts introduced by Frank Lynch the Futurist:
1. Energy Independence
2. A National Contest for Plug In Electric Cars
3. Universal Healthcare (Kucinich had this, but Clinton and Obama did not! Really!)
4. Free College
5. Providing Vastly Increased Support for Working Mothers including:
6. Year Round School
7. Free Daycare
Because the other candidates have adopted these ideas from Frank the Futurist, by definition Frank Lynch has become the new ideological leader of the Democratic party. Naturally, because the other candidates are nothing but corrupt politicians, they will never acknowledge Frank’s contribution, but we have the documentation of their staffs swarming http://wwww.franklynch.org and “coincidentally” publishing these ideas as their own immediately after we published them. What is important is that they do adopt these ideas so that America benefits.
Frank Lynch’s success in pressuring the other candidates to adopt these true issues will have a lasting and permanent impact on the future of America. Frank has thereby succeeded in improving the life of every person in America, and made a unique and important contribution to our people. Actually Frank has had a greater impact on America than whoever becomes the next President, because Frank introduced and popularized the ideas, and the next President will merely be working on Frank’s innovation.
Unfortunately, because they are owned lock, stock and barrel by their corrupt contributors, the other candidates have managed to mangle their implementation of Frank’s Top Ten List to enrich their corrupt supporters, such as all of Clinton, Mccain and Obama forcing us into the clutches of the evil insurance companies. Their corruption has greatly diminished the benefit of Frank’s Top Ten List.
Therefore we shall continue to post the Frank’s Top Ten List with the intention that America’s leaders, nonprofits and think tanks may continue to adopt these crucial concepts so they may eventually be the core of a National Strategic Plan for America.
This is not goodbye.
Frank Lynch the Futurist will continue to advocate meaningful change, as opposed to Obama’s phony and false change. Frank will quickly publish roadmaps on how to remove the obsolete instituitions that are holding America back in the 20th century while Communist China leads the charge into the future.
Well before the elections, Frank the Futurist will publish exciting new concepts that will greatly effect the November 2008 Presidential elections.
To join the excitement of a totally new future for America, bookmark http://www.franklynch.org and return at least monthly.
In the meantime, America’s educational system is broken and is dragging our Nation down. The portions of Frank’s Top Ten List that the other candidates have adopted are not enough. Please visit http://www.fluni.com to save America’s future. Unless Frank Lynch University is successful, there will not be enough medical people in America to care for you.
The most important thing you can do for America right now is to donate tax deductible to Frank Lynch University at http://www.fluni.com
Save America and donate today. It is tax deductible.
With true affection for all of you who rise above partisan politics and wish to truly help America instead of just acquire corrupt power,
your friend,
Frank
Posted in abc news, Ann Coulter, Barack, Barack Obama, Bill Clinton, Bill O'Reilly, blogroll, cbs news, change you can believe in, charity, China, cnn, cnn news, college, Democrats, DNC, education, elections, electric cars, family, Florida, foreign policy, Frank Lynch, Frank Lynch University, franklynch.org, Franks Heroes, franks heros, General Motors, glen beck, global warming, Hannity and Colmes, health care, health insurance, healthcare, high school, Hillary, Hillary Clinton, Human Rights, john edwards, john mccain, justice, katie couric, La Raza, Larry King, law school, Lou Dobbs, Mexico, Michelle Malkin, mitt romney, msnbc news, nbc news, New York, news, news and politics, Obama, Oprah Winfrey, parents, personal, plug in cars, politics, presidential debates, presidential elections, Presidential primaries, primaries, Republicans, spies, Uncategorized, universal healthcare, university | No Comments »
Monday, January 28th, 2008
Sure, we all want change, true change. That is the pioneering theme first publicized by Democratic Presidential Candidate Frank Lynch in August, 2007, before Obama picked up the theme. Frank used it effectively in the page “Why Frank Decided To Run For President” when he wrote that in August 2007 that no candidate was calling for true change, and that Frank decided to run so the voters could have at least one candidate focused on true change. Read the original page here.
So exactly what is Obama’s “Change You Can Believe In?”
Frank would restructure education with year round school and use our existing high school buildings as colleges teaching useful subjects, giving every child a free, useful college degree by age 16 or 17. All students learn math, medicine, science and engineering beginning at age four, taught by teachers who love these subjects.
Obama thinks free college is his tax credit of $4,000 to every student enrolled in college. He fails to restructure the entire educational system. Our colleges fail to produce students with useful degrees. The most popular degree is women’s issues, followed by social sciences, which is not a science, but which our corrupted Dept. of Education counts in “Science Degrees. With Obama’s approach, we will flush additional billions down the toilet of failed education. Worse, we will produce millions more college graduates with expectations that their college degrees will lift them to a life of entitlement, when in fact a degree in women’s issue greatly reduces the woman’s ability to earn a living and repay her student loans.
But wait, it gets even worse. When federal aid to students increased, our bloated universities used all the new money to become even more bloated and wasteful, which drove up the cost of college. The tidal wave of student loans made it possible for the universities to engorge themselves with even more non-accountable money, and college became even more costly,
Obama’s and Hillary’s tax credits will result in college becoming even more costly, because the more money available to a broken educational system, the more money they will spend.
Our colleges are like any government office, but worse. Because they are smarter than than the average civil servant, colleges are more creative at wasting money and engorging themselves. The rule of operation for all government offices is that, no matter what amount your budget is, you must spend more so that you can claim you are underfunded and need more money next year. If you leave any money unspent, they will say you have too much money and cut your budget.
From preschool to high school to college, throwing more money in the toilet results in no improvement whatsoever.
Our educational system is so broken that it must be completely destroyed and re-invented.
Neither Obama nor Hillary has the spine to do this because of the power of the teachers union which supports them both.
So Obama’s Change You Can Believe In really means only that he will change the budget by throwing more money down the toilet without changing the results or truly helping our children.
And you can believe in that.
http://www.franklynch.org is the only candidate that actually has a plan to change our broken institutions. Everybody else only promises change but fails to post a serious, detailed plan.
Posted in abc news, Arizona, Barack, Barack Obama, Bill Clinton, Bill O'Reilly, blogroll, California, cbs news, change you can believe in, cnn, cnn news, college, Democrats, DNC, elections, family, Florida, Frank Lynch, Frank Lynch University, franklynch.org, Franks Heroes, glen beck, Hannity and Colmes, high school, Hillary, Hillary Clinton, john edwards, john mccain, katie couric, Larry King, law school, Lou Dobbs, minnesota, mitt romney, msnbc news, nbc news, New Mexico, New York, news, news and politics, Obama, Oprah, Oprah Winfrey, parents, politics, presidential debates, presidential elections, Presidential primaries, primaries, Republicans, Uncategorized, university, utah | No Comments »