Monday, October 13, 2008

How Obvious Can It Be?

Nobody; not even the Republicans, want to talk about it: the DEMOCRATS did everything they could to CREATE this "Economic crunch (McCain, to his credit, DID mention it recently, in answer to am pointed question--even mentioning names [Barney Frank, Chris Dodd, and Franklin Raines, the main players], but he has since apologized for "going negative," [which means he actually told the TRUTH about the Democrats]. Many of them actually took home millions, maybe even BILLIONS of dollars in some cases, on this massive SWINDLE, which was DESIGNED to subvert the party in power just before the presidential election, so they could put a Democrat in the White House, while adding more Democrats to Congress and allowing them to "siphon off" a lot of money for themselves, while hoping to make a "filibuster-proof" Congress they could control absolutely, without meaningful opposition by a weakened Republican Party. They did it by passing the "Community Reinvestment Act of 1977," passed by a Democrat-dominated Congress during a Democrat presidency (Bill Clinton) that FORCED lenders to make loans to people who could not hope to repay them, promising Fannie Mae or Freddie Mac would buy the paper so they wouldn't lose. Only the taxpayer would lose.

They backed it with threats of "investigation and prosecution" for "redlining" made by a Democrat Attorney General (Janet Reno). The CEO of Freddie Mac, Franklin Raines, took home $90 billion dollars, by himself (although when he was caught, he had to return some of it to avoid criminal charges). I hate to keep repeating this time after time, but with the Democrats (who are the culprits) blaming the whole thing on the Republicans, SOMEBODY needs to talk about this. The liberal news media are following the Democrat (liberal) line, pretending it IS the "greedy lenders" and the Republicans who are at fault. There is only one thing wrong with their reasoning: how could the "greedy lenders" profit from making loans that could not be repaid without government intervention? Sounds like "the pot calling the kettle black" to me. They're counting on most people "not paying attention to politics" until just before an election when the lies are flying to be able to fool enough people to be able to pull off this swindle. Did you know that Barack Obama was second only to Chris Dodd in money gotten (as political contributions) from Freddie Mac or Fannie Mae? Check out the list of political contributions and see how many Republicans got money. Not many, I'd bet. (Just common sense)

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