Thursday, November 6, 2008
"Economic Tsunami" Doomed McCain
Aside from his attempt to make the Democrats happy. The Democrats planned and executed this economic crisis to win the election. And it worked like a charm. They passed a law (The Community Reinvestment Act of 1977) that FORCED lenders to make loans to people they KNEW could not repay them, allowed them to sell the loans to a government-controlled entity (Fannie Mae or Freddie Mac) to keep from losing a lot of money in this "recipe for disaster," which could be "pulled" any time, causing an "economic meltdown." They did it just before the presidential election and it had its desired effect. It DESTROYED McCain-Palin, which wasn't all that strong a ticket, anyway. Maybe if they had found a REAL candidate instead of LIBERAL Republican it might have been different. But the Democrats dutifully blamed the meltdown on "eight years of Bush's policies" which was an outright lie (what ELSE is new?). Bush tried 12 TIMES to "rein in Freddie and Fannie, to no avail. The Democrats blocked him every time. This was one of the most blatant "bloodless coups" ever to be performed, anywhere to anybody who "pays attention." But since most Americans don't, it worked. My own nephew voted for NObama. Maybe Sarah will turn out to be a female Ronald Reagan, run, and win in 2012, after NObama has had a chance to show his ignorance and dedication to radical socialism. (One News Now)
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