Wednesday, May 11, 2011

What Kind of Fools Are These?

The Obama administration is starting a “crackdown” on lending institutions that are “redlining.” Translation, they are now again forcing lenders to loan money to people who cannot afford to pay it back The very thing that CREATED this economic disaster in the first place, and which was PASSED in a Democrat-run Congress and signed into law by a Democrat president (Carter), then strengthened by yet another Democrat president (Clinton) in another Democrat-controlled Congress. It was Clinton’s attorney general (Janet Reno—you know, the butcher of Waco among other things) who threatened them with “investigations,” which meant that even if nothing was ever found it would cost them MILLIONS to defend themselves. Why they’re doing it now, I don’t understand. They successfully used it to create a “bloodless coup” and take over the government. But what can they gain now, except the gratitude of the people who benefit from it, in the next election? (Bloomberg Businessweek)

6 comments:

Anonymous said...

He will do whatever he can to make it appear that our economy is growing just to get re-elected. After that if it crashes he could care less. He's got his.

Ray Thomas said...

Anon: So what else is new?

Ray Thomas said...

Anon: It is Obama's PLAN to destroy our economy so he can blame the free market (capitalism) for it and make us into a socialist nation.

Anonymous said...

Senators who are leaving (mostly democrats)

Herb Kohl, -Wis
John Ensign, R-Nev
Daniel Akaka, D-Hawaii
Jeff Bingaman, D-N.M
Jon Kyl, R-Ariz.
Jim Webb, D-Va
Joe Lieberman, ID-Conn
Kent Conrad, D-N.D.
Kay Bailey Hutchison, R-Texas

It will be good to be rid of them, but they are rats scurrying off a sinking ship.

It's time to start cleaning out Entitlement Programs alright, namely Congressional laws that Congress passed FOR THEMSELVES. Congress is the biggest entitlement blood-suckers that we are suffering from. It's time to somehow purge them from our system. Never vote for an encumbent past his second term might be a good way to start.

Ray Thomas said...

Anon: Actually, I wouldn't give them even ONE term. Trying to get re-elected causes most of the corruption. That was the Founders' vision, anyway. "Gentlemen politicians who serve one term, then go back home. Elected politics shouldn't be a lifelong occupation.

Anonymous said...

"Elected politics shouldn't be a lifelong occupation."

I could not agree more.