Wednesday, January 1, 2014
Why Do They Keep Fallig For It?
People who should know better are still falling for the swindlers’ false explanations blaming private enterprise for this economic slowdown when it is the government itself (at least many Democrats in government) who are responsible? They even know how they did it with the Citizen’s Reinvestment Act of 1976, passed by a Democrat-controlled Congress and signed by a Democrat president (Jimmy Carter), strengthened by yet another Democrat-controlled Congress (Bill Clinton), defended by the perpetrators, Democrats (Barney Frank and Chris Dodd) when Bush (a Republican) tried 12 times to stop them, thus FORCING lenders to loan money to people they KNEW could never repay it, tantamount to GIVING them that money. When the “bottom fell out” late in the Bush administration (when the Democrats “pulled the plug” on Fannie Mae and Freddie Mac), this allowed the Democrats to not only completely take over all three houses of government, but blame the whole mess on private enterprise so they could “tax the rich” even more. All this is out in the open. So why do they continue to run around giving away money they don’t have saying that will “solve the problem” when it will only make it worse. Even the Republicans say nothing, allowing the Democrats to gaily throw around “Monopoly money” that has no value, thus reducing the value of every dollar already in existence. It pains me to hear the likes of Obama pontificating on how he is “solving the problem” when everything he does makes it worse while the “loyal opposition” sits around, nodding their heads. (Just common sense)
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