Sunday, December 21, 2008

CYA For CRA

They’ve been “circling the wagons” to protect CRA (Community Reinvestment Act of 1976) for many years. They did it each time Bush tried to “rein it in” (12 times), with guys like Barney Frank repeating over and over that “Fannie Mae and Freddie Mac are fine.” Now that we all know they were NOT, CRA was a swindle, and Freddie and Fannie were both designed to be a “safety valve” that could be “pulled” at any time to elect a Democrat president and a Democrat majority, while putting BILLIONS of dollars in Democrat pockets, they’re STILL “circling the wagons” and trying to hide the truth. They’ve been successful with most people who “don’t pay attention to politics” until just before an election, but to those of us who PAY attention all the time, their scam is obvious. Sooner or later the rest will catch on, and the Democrats will be “banished” again, as they were when Reagan and Bush were president, with a Republican majority. Unfortunately, the Republicans don’t know how to lead and let the Democrats “lead them by the nose.” Those who DON’T pay attention blamed them and elected Democrats again. Oh well, I guess it takes a Jimmy Carter or a Barack Obama to get a Ronald Reagan or a Sarah Palin elected. (One News Now)

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