Frank Lynch's Blog

The Auto Companies Must Be Destroyed

Frank Lynch — Wed, 03 Dec 2008 12:11:27 EST

The system of Corporate Governance in America is broken. We must destroy the auto companies as the only way to fix the problem. read more at http://blog.franklynch.org/2008/12/03/we-must-nationalize-the-auto-companies-because-sneaky-auto-executives-cheating-on-bailout/

Bonus Time in Detroit: How Many Hundred of Millions Will the CEOs Pay Themselves After Destroying Their Companies ?

Frank Lynch — Mon, 01 Dec 2008 22:41:51 EST

Notice the rush of the Big Three Auto companies' executives to collect the bailout from Congress in time for them to pay themselves hundreds of millions in bonus for Christmas!!

Barack Obama must require that none of the auto companies' executives receive any bonus this year.

Further, Barack must require that they all work for $1.00, One Dollar annual salary in 2009.

Anything else is a total rape not just of the taxpayers, but a rape of all America.

Mortgage Bailout Plan Is All Wrong

Frank Lynch — Thu, 25 Sep 2008 11:11:18 EDT

The plan, regardless of whose changes are applied to it, is still a short term reaction to a long term problem.

Fannie Mae and Freddie Mac must be liquidated. Government caused the problem. Throwing tax dollars down the toilet fixes othing.

This plan will destroy what is left of our economy.

We need a totally different long term plan to cure our totally messed up economy.

Japan Collusion with Morgan Stanley to Defraud US Taxpayers

Frank Lynch — Mon, 22 Sep 2008 10:29:37 EDT

Mitsubishi UFJ Financial Group, Japan's largest bank, said on Monday it planned to take a stake of up to one-fifth in U.S. investment bank Morgan Stanley as part of a strategic alliance.

Mitsubishi UFJ Financial Group (MUFG) said in a statement on Monday it would buy 10-20 percent of the common stock of Morgan Stanley. It said it would decide on the amount it would pay after carrying out due diligence.

Buying 20 percent of Morgan Stanley would cost MUFG about $6 billion based on its total market value of $30 billion.

Morgan Stanley has chnaged into a commercial bank so that it is eligible for greater financial aid, ie more taxpayer bailouts from Paulson, and Japan wants part of the bailout.

Morgan Stanley has been under pressure to raise capital amid a sharp fall in its share price.

What international banking conspiracy?

The Level of Risk in Our Financial System is Being Increased

Frank Lynch — Sun, 21 Sep 2008 23:27:39 EDT

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 governmenthas 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

My parents told me about the abuses of the Great Depression and how the stock brokers owned by the commercial banks robbed people of their life savings by having people buy stocks in failing companies, and that money was then used to pay back the bad loans to the bank that owned the stockbrokers.

Bush is destroying our nation.

Wave of Tent Cities

Frank Lynch — Fri, 19 Sep 2008 07:17:15 EDT

RENO, Nev. â�" A few tents cropped up hard by the railroad tracks, pitched by men left with nowhere to go once the emergency winter shelter closed for the summer.

Then others appeared â�" people who had lost their jobs to the ailing economy, or newcomers who had moved to Reno for work and discovered no one was hiring.

Within weeks, more than 150 people were living in tents big and small, barely a foot apart in a patch of dirt slated to be a parking lot for a campus of shelters Reno is building for its homeless population. Like many other cities, Reno has found itself with a "tent city" â�" an encampment of people who had nowhere else to go.

From Seattle to Athens, Ga., homeless advocacy groups and city agencies are reporting the most visible rise in homeless encampments in a generation.

Nearly 61 percent of local and state homeless coalitions say they've experienced a rise in homelessness since the foreclosure crisis began in 2007, according to a report by the National Coalition for the Homeless. The group says the problem has worsened since the report's release in April, with foreclosures mounting, gas and food prices rising and the job market tightening.

OO NOO

Frank Lynch — Tue, 09 Sep 2008 11:31:24 EDT

have you seen this?

http://www.rasmussenreports.com/public_content/politics/election_20082/2008_presidential_election/favorable_ratings_for_presidential_candidates

We have a lot of work to do

everybody pitch in because America needs

CHANGE!!!

Will Everyone Who Bot Fannie Mae Stock Sue Merrill Lynch?

Frank Lynch — Mon, 08 Sep 2008 11:06:26 EDT

link

http://blog.franklynch.org/2008/09/08/will-everyone-who-bot-fannie-mae-stock-sue-merrill-lynch/

Taxpayers Pay for banks Profits

Frank Lynch — Mon, 08 Sep 2008 09:53:46 EDT

http://blog.franklynch.org/ or see comment for clickable link

Watch our broken government make

Frank Lynch — Sun, 07 Sep 2008 17:15:44 EDT

the Wall Street speculators rich.
They will come up with some goofy plan for Fannie and Freddie that will leave serious invesstors wondering how it will affect the stock price

But the insiders will know beforehand and get rich ahead of us.

They should stop trading the stock and have a true takeover just like with the banks where the stock is wiped out forever

But the Wall Street insiders will get rich and you and I will probably pay $10,000 per person in taxes for the bailout
I want to hear barack saying we will not bail out the insiders

You Ain't Seen Nothing Yet

Frank Lynch — Sat, 06 Sep 2008 10:23:35 EDT

A few days ago I criticized the Repub for defrauding investors for permiting trading in the stocks of Fannie mae and Freddie Mac.

http://www.democrats.org/page/community/post/franklynch/CxMV

Today its was announced that 9 percent of mortgages are late or delinquent. Astoundingly, One of eleven mortgages are bad.

When those people become homeless, things will get much worse.

The cost to the economy and to us taxpayers for all the bank bailouts that will follow will place the US on the verge of bankruptcy.

Homeprices are going to continue to decline, which means more mortgages will be upsidedown (where the mortgage is larger than the home value). That will result in even more people walking away from their mortages, and HOME PRICES WILL DECLINE EVEN FURTHER

for years. . . .

and revene from property taxes will continue to decline, robbing our already short-changed schools of much needed revenue, so our children will pay the price of government lack of regulation

Today Is A Very Special Day for Me

Frank Lynch — Wed, 03 Sep 2008 18:20:24 EDT

see why http:www.fluni.com

Another Reason We Need Change

Frank Lynch — Tue, 02 Sep 2008 18:04:27 EDT

One of our Party Builders, Robert Brooks, has written an excellent article on his blog at http://thewildernessvoice.blogspot.com/

I am not duplicating his excellent article, but making a major correction. As shocking as his article is, and with great respect to Mr. Brooks, he understates the problem.

He uses the example of the year 1967 for his computations that the dollar has lost 80 percent of its value in forty years, compared, among other things to the price of gold.

I beg to argue that the two most relevant benchmarks are the price of oil, and the median homeprice, since those two items determine the price of almost everything else we spend our money on.

In 1967 a barrel of oil was $2.90 a barrel. Today, Sept. 2, 2008 oil closed at a five year low of $105, which indicates a loss of 97 percent in the value of a dollar.

National figures on median home prices are subject to manipulation, so I will use my home.

My home was built in 1967, coincidentally the same base year used as a base by Mr. Brooks.

The current market value of my home indicates a 92 percent loss in the value of the dollar. People are mistaken when they think they have made money when a homeprice goes up. What you are really seeing is inflation: it takes more dollars to buy the same thing.

In the 39 or 40 years since 1967, Republicans have controlled the White House most of the time, but there is plenty of blame to go around for both parties.

What this really means is that our government has stolen 92 to 97 percent of the life savings that people had in 1967.

And every year they are stealing more of our life savings. Greenspan is a traitor who belongs in jail, because the statutory job of the Federal Reserve is to preserve a sound dollar.

Greenspan only missed the mark by 95 percent.

We need CHANGE

In case I did not state it clearly, WE NEED CHANGE

Sarah Palin Is A False Target

Frank Lynch — Tue, 02 Sep 2008 13:48:07 EDT

Everybody is ranting about Sara Bara Cuda misusing her power to get her brother in law fired. Problem is, there are reports he had been caught driving his Police Car while drunk.

Do not underestimate the Republicans. They will try very hard to find a way to use this to generate sympathy for Palin as defending the health and safety of her poor little sister.

It is much safer for us to attack on the issues, and attack McCain.

Palin is a false target the Republicans set up to distract us.

It is entirely possible that the only reason they chose her is purely as a way to distract us.

And it is working. She is all we talk about.

It is as though Barack disappeared from the face of the earth.

Get the focus on our strength: BARACK

Attack where we have the most strength: on the issues of universal healthcare, free college, extending education, plug-in cars etc

Always attack from strength (our superior issues) instead of attacking a woman who can claim she is defending her family, thereby creating resentment of us.

McCain/Bush and the issues are our strength, use them and forget the distraction.

New Orleans Hurricane

Frank Lynch — Tue, 02 Sep 2008 11:15:44 EDT

Yesterday, watching those poor people lining up for buses to yet again flee a hurricane, my heart broke.

With all our riches how can there still be people in America who are so obviously so impoverished and helpless?

Unfortunately, it is because our system of education is broken, failed, shameful.

How can any politician believe that property taxes from impoverished areas can pay for world class schools and world class teachers?

A factor in our broken system of education is that first, teachers are underpaid so that schools for teachers "sometimes" fail to attract the most talented people.

Second, the curricula are not teaching prospective teachers how to really teach.

I want every teacher in America to receive the same starting pay as computer programmers and engineeers.

I want better curicula for preparing teachers.

And I want 3,000,000 more, high paid, talented, dedicated teachers who are fully prepared to teach THE LOVE OF medicine, bioscience, math and engineering, starting in the first grade.

Let us all work for an America where everey child has absolutely equal and excellent education, so that in the future no American is so unprepared for life that they end up helplessly standing in line for buses to flee for their lives.

Please donate, tax deductible, to these goals at http://www.fluni.com

I cannot think of anything more consistent with the core values of our Democratic Party.

Michelle's First Date

Frank Lynch — Fri, 29 Aug 2008 10:57:41 EDT

This vignette touched my heart, because it has such relevant symbolism.

In the clips last night, Michelle Obama spoke of finally giving in to Barack's request for a date. She had been refusing his advances because she was very proper in the top law firm of Sidley & Austin, where she was a full fledged attorney and Barack was just a summer intern. Barack surprised Michelle when he took her, not to a fancy restaurant, but to a church basement where he gave a speech to steelworkers who were laid off when the local steel mill closed.

Michelle said Barack riveted everyone in the basement with a magnificent speech about how America actually was, and how America should be.

The clip showed a picture of the burly white steelworkers raptly listening to the young African American orator, demonstrating that the races were cooperating even back then.

I grew up in the same neighborhood as Michelle Robinson Obama, actually in between her house and Rev. Wright's church. I personally knew many of the steelworkers who forever lost high paying jobs to the slave labor wages of Indian and Chinese steelmills, and feel quite strongly about fair trade instead of free trade.

Those hard working men never, ever got jobs with pay remotely near what they earned in the mill, for very hard work.

Micehlle felt the same thing I did, and said that speech in the church basement made it all over, the end! She was in love with Barack.

A symbolic lesson for us all, united.

Proud To Be A Democrat

Frank Lynch — Fri, 29 Aug 2008 05:03:44 EDT

While I shall continue to post about how to improve our
Democtratic party and uplift the issues of our candidates, my heart burst with pride as I watched our great Democratic Party make history as the first major party to nominate an African American for President of the United States of America.

On the Fourth of July, 2007, I signed the papers to register as a Democrat and abandoned my life long membership in the Republican Party. What a great day!

May God Bless America, and God Bless our Democratic Party!

Who Is Crazy?

Frank Lynch — Thu, 28 Aug 2008 10:01:06 EDT

Who is crazy?

Comments on previous posts have stooped to the politics of personal destruction, ad hominem attacks, and calling people "crazy."

Did you know that shortly after Frank filed with the FEC there was a staff post, since deleted, on Daily Kos, asking if Kos should support Frank instead of Obama? So the Kos staff was taking him seriously.

Tell me, who is crazy?

Frank Lynch is creating a new university http://www.fluni.com to train teachers of science, math, medicine and engineering to help treat our national shortage of science teachers and had the audacity to name the university after his father, who died at home in his arms.

Obviously Lynch is crazy, a loon, an egomanic and should be chased out of town. It goes against the principles of the Democratic Party to advance education and to deal with the teacher shortage. Drive Lynch away from posting, he is dangerous. And he is taking on the monumental, back breaking tsask of creating a non-profit, charitable university, and serving without compensation? What a jerk!

Frank Lynch is creating a public charity devoted to abused children and abused women and to fighting poverty inside of America as opposed to Clinton's foundation which is mostly outside the USA. http://franklynchfoundation.org also named after his deceased father.

Lynch is insane, What a narcissist. Anybody who wants to fight poverty inside America is a Nazi. Shout him down, ban him, ridicule him. And he wants to help abused children and save them from the broken foster care system? He can't possible be a true Democrat.

Lynch is writing books and creating a publishing company to raise money for his charities to help education and fight poverty in America. Criminal! UnAmerican. Anti-Democrat. No Democrat Presidential candidate ever wrote a book? Boo! Go away Frank. It is illegal to write a book.

Frank filed to run for president even though he knew the Democratic Party insiders would not let him on the ballots. Why? As a means of getting the other Presidential candidates to copy the ideas he posted on http://www.franklynch.org and use them in their previously vacant websites previously filled with only empty rhetoric from Jimmy Carter's 1976 campaign, and we know Carter's legacy.

Gee Frank, you reminded Hillary and goaded Barack into helping college students and into adopting Universal Healthcare. Frank, you really are a tin hat wacko loon. Everybody knows that Hillary and Barack adopted universal healthcare AFTER you publicized it and nagged the Chairpersons of all 50 state party organizations about it. What a maroone.

And by doing so, Frank Lynch changed America. What a terrible person! Pushing for universal healthcare and helping college students. Lock him in jail.

And Frank Lynch filed to run for President without ever serving as a legislator.

Now this is a big one. Frank Lynch is going to propose a Constitutional Amenment to forbid anyone who has ever been a US Senator or Representative, or ever graduated from law school, from running for President.

No lawyer ever SUCCESSFULLY managed anything of substance in the entire history of America. No many of you will cite lawyers who were the head of all sorts of things. Yes, ABraham Lincoln, my geatest personal hero, was a lawyer, but he never went to law school. Ha! Try to focus. No lawyer evere SUCCESSFULLY managed anything of substance.

Chew on that! First it is a really big crime how so many Senators do nothing about carrying out their duties to the taxpayers for two whole years while they abandon the Senate to run for President.

Second, the Presidency is EXECUTIVE. Senators and Representatives do nothing but work to get re-elected and collect campaign donations by holding hearing after hearing after hearing after hearing to extort contributions from the victims of their hearings.

Third, have you every watched CSPAN? None of those bums should ever be allowed to be President.

Frank Lynch has expert experience in the areas that determine America's future: science, national security, finance/economics, and running a business. See http://www.franklynch.name

In fact, compared to the irrelevant experience of all the other candidates, Lynch is OVERQUALIFIED

Frank Lynch at age 18 dropped out of college because he thought his professors were stupid. At age 19 he was back as a National Science Foundation researcher studying the effects of early experience on adult biochemical and hormonal reactions to stress.

Since stress is involved in weapons systems, he was recruited as a national security consultant, first on selection of advanced weapons systems, then intellegence, and he co-authored a study that predicted the current MidEast situation, in detail, with 100 percent accuracy, 40 years ago! Current candidates don't even understand the MidEast today, let alone see the future.

He then spent 10 years as a Corporate Finance Officer on Wall Street, followed by creating a new business from scratch, building it up into a publicly traded company, and selling it to a larger company.

In contrast, both Obama and McCain state they do not understand business, finance or the economy.

No other Presidential candidate has these comprehensive, totally relevant, qualifications to deal with the problems facing America today.

Maybe Howard Dean erred by keeping Frank Lynch off the primary ballots? Would it not be interesting if the voters had had the chance to debate this?

Idealism, Free Speech and Innovation

Frank Lynch — Thu, 28 Aug 2008 08:28:36 EDT

Are these blogs contaminated by professional paid assasins in the employ of funded campaigns?

In July 2007 I read every word of every website of all the Democrat and Republican Presidential candidates.

Then I wrote my Top Ten List and the http://www.franklynch.org website including only ideas that were not on any Democratic or Republican Presidential candidate website at that date, the sole exception being that Kucinich had the same elegant version of single payer healthcare.

Clinton had dropped universal healthcare after the Republicans threatened to put her in jail for unauthorized expenditure of taxpayer funds in 1993. She never again sponsored unversal healthcare until after I embarassed her on September 11, 2007. On that date she was in my neighbordhood doing a "not really campaigning" fundraiser in which her only words on healthcare were cheaper drugs for seniors and more healthcare for children, less than truly revolutionary concepts.

At the same time a mile down the same street the ABC station televised me campaigning for universal healthcare. Since her staff scans television news wherever she appears, they viewed the five televised spots of me pushing unversal healthcare when she did not.

Shortly AFTER that embarassment, she REMEMBERED that she used to support it. She researched me so thoroughly that she found out my mother belonged to an HMO named "America's Health Choice" and Clinton adopted the name of my mother's HMO for her universal healthcare plan.

As that website says, I filed for President with the FEC because I was disgusted that Hillary's and Obama's websites at July 2007 had almost no specific steps on how to achieve change, even though he had been campaigning for seven months and had spent more than a hundred million, including millions on consultants and writers to flesh out and put substance to his rhetoric.

Silly me, I thought that if someone were to run for President, they should have their ideas fleshed out with specific plans BEFORE starting a campaign, otherwise why run? That is not a rhetorical question. I think the reason to run for President is because you have specific ideas. If your initial, starting Presidential website lacks specific steps you intend to implement, why bother running?. Much worse is if after running for seven months, there is no excuse for not having specific, concrete actual steps, except if you have no specific, concrete ideas?

Isn't the purpose of running for change to have specific changes written down? All of the Democratic candidates were insider Senators or Congressmen (if Obama was an outsider, how come he lived off the taxpayers for the last ten years? Ha!) I knew there was no way the Party machine would let a true outsider like me into the debates or on the ballots, so I used faxes and certified mail to the State Party Chairpersons, and within 48 hours, the elements of my Top Ten List and website began appearing on the DNC website and on Hillary's and Obama's website. It is an incontrovertible fact that at July 20, 2007, neither Hillary nor Barack had Universal Healthcare, plug-in electric cars, windfarms, talking to our enemies, Energy Independence, Free College or College Tuition Assistance, or the phrase "Bold New Ideas" on their websites. How short memories are!

Sure, if you Google any idea you will find many hits, but none of the ideas on my Presidential website were on Hillary's or Obama's websites at July 2007, and I did in fact succeed in inserting them into the current Presidential campaign and defined the major issues of this campaign.

And by doing so I changed America!

What amazes me is the vicious antagonism of this Democratic website toward a Democrat because he contributed to defining the issues and expanded the debate.

Perhaps Fox News may have something when they claim that we Dems really suppress free speech and ideological expansion while claiming the opposite?

You and Howard Dean have proven to me that our Party is the old establishment, and is highly resistant to true change. We won the 2006 elections to bring change, but tell me please, why are Congressional approval ratings so low after our 2006 victory?

I urge everyone to embrace outsiders who publicize ideas of change, instead of responding with pettiness and calling people "crazy." First, that is immature. And Second, That is what Hitler's Brown Shirts did.

Obama, Biden and McCain Must Enforce the Laws Against Selling Stock in Insolvent Companies

Frank Lynch — Sun, 24 Aug 2008 16:59:13 EDT

Here is another issue that the media should really jump onto all the candidates about: I do not want to be taxed to pay off the mortgage of deadbeats who bought homes that they (and I) cannot afford. Why should you and I have to pay two mortgages, mine and the deadbeats?

Where is the media discussion of both NObamaâ��s and McSnoreâ��s bailout of the corrupt and crooked financial institutions who created the housing mess? And letting the crooked executives walk away with hundred million dollar golden parachutes when their companies get taken out and we public investors are left holding the bag?

Where is the media wailing to stop the fraud on the public of continuing to trade the stocks of Fannie Mae and Freddie Mac when the insiders know they are insolvent?

When I was a corporate finance officer on Wall Street, it was a crime to knowingly sell stock to the public in insolvent companies. Yet both these insolvent companies continue to trade on the New York Stock Exchange.

Senators NObama, JoeBama and McSnooze should take time out from campaigning to perform their Senatorial duties to the taxpayers and set this right. But both of them are more concerned with campaigning then to go to the Senate for one half of a day and have the Chairman of the SEC stop this fraud on the public. But we know what comes first for these three Senators, NObama, JoeBama and McSnooze: their self interest.

Stop defrauding the public investors and stop trading FNM and FRE. Media, please champion this cause.

Why not just let them go bankrupt? Congress never should have meddled in the free markets by creating these two genetic monstrosities of mortgage fraud companies.

Just put their entire Boards of Directors in jail with no multi-million dollar golden parachutes and let the free markets work the way the Creator intended.

We need more bank failures to cleanse the system.

We need Senators and a President who take time out from playing their self-promotions and sound bite games to force the SEC and the FDIC to agressively perform their duties to save us taxpayers.

Under the current flawed laws you and I will have to pay thousands of dollars more taxes to bail out these deadbeats and let crooked executives put ill-gotten millions into their pockets.