Scoop’s Views

Philadelphia is mourning the loss of yet another of our defenders in blue, Philadelphia Police Sgt. Timothy Simpson, 46, who was killed last night by a driver of another car — borrowed from a friend, at that — who had a long history of arrests for a variety of crimes, including driving under the influence, all of which date back to 1986, according to the Philadelphia Police department.

Sgt. Simpson was killed in a horrific accident in which he had been hit by another car whose driver was travelling at a high rate of speed, running red lights, and attempting to avoid police. The impact of the other car forced Sgt. Simpson’s police car off the street, onto the sidewalk, and into of a building at Allegheny and Aramingo Avenues in the Port Richmond section of Philadelphia.

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About four to five weeks ago, all the so-called experts and financial geniuses were telling people to sell their stocks, cash in what they could, and be prepared for a stock market crash similar to that of the one in 1929.

At the same time, I held the same view that very few “financial experts” featured on television held: buy as many shares of as many stocks as you possibly can while the price-per-share is low. At the time, it was something of a buyer’s delight with prices being low.

Tags: bail out, bailout, banking, banking and loan industry, banking rules, banks, Barack Hussein Obama, Barack Obama, Christopher Dodd, Cindy McCain, closing bell, Congress, crisis, crumbling financial institutions, Dow Jones, family fortune, Fannie Mae, financial institutions, foreclosures, Freddie Mac, John Kerry, John McCain, profit is a four-letter word, Wall Street

Obama’s secret plan if he is elected: to give driver’s licenses to illegal aliens in the United States. This is a part of his “change” package that Obama’s failed to explain to the Obama fanatics that chant and dream Obama every day and night, seemingly with no real reason for supporting him. No matter what, no one support him for any significant legislation he’s introduced in his short time in Washington, D.C. as a senator, as there is none.

In wanting to give a driver’s license to any illegal alien wanting one, Barack Hussein Obama is opening the United States, as well as its citizens, to the horrors of yet another terrorist attack. If you recall, the 9/11 plot depended on many of the terrorists having obtained driver’s licenses.

Tags: 13 terrorists, 19 terrorists, 9-11, 9/11, 9/11 plot, Barack Hussein Obama, Barack Obama, board airplanes, citizens, CNN, driver's licenses, election day, government benefits, illegal aliens, illegal voting, infiltrate U.S. borders, mortage, National Republican Trust PAC, Obama fanatics, Obama too risky, presidential election, radical Obama, September 11, September 11 2001, terror attacks, terror plot, terrorists, voter fraud, voters, welfare, Wolf Blitzer

Over the past few weeks while investors, investment bankers, and others, all whining that Wall Street was going to collapse. The federal government – pushed by President George W. Bush, as well as others in the administration, put together two bailout packages, with the latter with a $700 billion price tag, was eventually being approved by the House and Senate.

Some wise people I know, people I trust, were saying the past few weeks, while tough economic times were upon us, to chill out and wait. In fact, buy stocks while everyone was selling off and prices were low. The folks on the other side of the street, where it seemingly always rains, were talking doom, gloom, and stock market crashes.

Tags: $700 billion bailout, 900 points, Barack Hussein Obama, Barack Obama, biggest point gain in a single day, Chicken Little, crawl out from under that rock, diapers, Dow Jones, economic crisis, economy, John McCain, President George W. Bush, sky hasn't fallen, stock market crash, tough economic times, U.S. Congress, U.S. House, U.S. Senate, Wall Street

Instead of outsourcing a call center or some other department, Sovereign Bank’s corporate officers, Sovereign Bancorp, is looking to sell out the Philadelphia-based financial institution to a foreign company.

Sure, we now live, more than at any point in history, in a global economy, but when it comes to me putting money in my bank, I want to know my bank is All-American. Jingoistic? No. Patriotic? Hardly. Overseas prejudice? Absolutely! When it comes to my money, where it’s kept, who has control over it, and the company that may go belly-up and legally owe – or be able to dodge U.S. laws – is of great interest to me.

Tags: American companies, American-based, American-held, American-led, Associated Press, Banco Santander, banking, call centers, checking accounts, Comcast, commercial accounts, credit cards, Dell, FDIC, financial dealings, financial interests, financial services, financially stable, foreign companies, foreign corporations, foreigners, global economy, greenbacks, hostile takeovers, leveraged buyouts, made in America, money, mortgage delinquencies, mortgages, off-shore, offshore, outsourced, outsourcing, Philadelphia, savings, savings accounts, Sovereign Bancorp, Sovereign Bank, speculation, takeover, vaults, Wall Street Journal

It seems just about half the members of the U.S. House of Representatives have half a brain, or, if not that, then at least the commonsense God gave to individuals fiscally responsible for managing household budgets.

Barack Obama, however, is not among that crowd: he had this strange idea that the very CEOs that got the financial institutions into a mess should receive “reasonable compensation packages.” Those CEOs should be paying compensation to the U.S., to the homeowners they helped defraud by giving mortgages to people who never should have qualified for them in the first place.

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