Thursday, July 23, 2009

Crankshaft is Deluded

I like the “Crankshaft” comic strip. I identify with him in many ways (not all). But this strip, which appeared on June 7, 2009, reflects what the government wants you to think about the economy, that the people in charge who “messed things up” for the economy ought to be punished. I agree, but they aren’t the people this strip assumes they are. They’re NOT the “money lenders,” who were FORCED to loan money to people they KNEW could not, WOULD not repay it or be punished themselves This came about when the DEMOCRAT-controlled Congress passed the “Citizen’s Reinvestment Act of 1976”, and it was signed into law by a DEMOCRAT president, Jimmy Carter. They created a “safety valve” in the “Fannie Mae and Freddie Mac” companies and "pulled it" just before the election to CREATE an "economic meltdown" just in time to win the election. Now they can't stop the juggernaut they got started, using their discredited Keynesian Economics scheme. (Crankshaft)

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