Wednesday, October 8, 2008

Transparent Swindle

Barney Frank, Chris Dodd, and Franklin Raines (who barely avoided prosecution for fraud, and had to return MILLIONS of dollars--but not as much as he made in the swindle) set out to make themselves richer, while creating an "energy crunch" that would convince the American people to elect another Democrat (socialist) to the presidency, while keeping the Congress in the hands of the same party so as to move us closer and closer to socialism (I don't know why they don't change the Democrat Party's name to "The Socialist Party"). It's really a "transparent swindle" if you're paying attention to what they're doing. As recently as last July, during one of the Republican efforts to find out what was going on with Fannie May and Freddie Mac, the Democrats violently blocked every effort (12 of them) made, saying, "There's nothing wrong with Fannie May or Freddie Mac" (Barney Frank).

We now know he was not only wrong, but it was a calculated effort to STOP any investigation of his personal "piggy bank" and his scam to whip the Republicans. The swindle is very transparent to those who pay attention, but Frank and his cohorts worked hard (and still do) to keep people from "paying attention to politics," and most don't, except just before an election, when the lies are flying. Other politicians are still trying to figure out what CAUSED the "financial crunch" because to define the REAL cause, the "Community Reinvestment Act of 1977," a" LAW that made it a violation of the law NOT to loan money to people who could not repay it (a "recipe for disaster). They KNEW it was such, and they had only to wait until the "bubble burst" and they could blame the Republicans after profiting handsomely themselves. They've made themselves rich at the expense of the investors, who have lost BIG. Democrats still sing the "lack of regulation" song after they OPPOSED any effort to regulate Fannie or Freddie. Is anybody "investigating" these people? No. They're Democrats, and they CONTROL the means of investigation and prosecution. (Freedom Zone)

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