Lenders made loans without concern for whether borrowers could repay them. Inadequately informed of the risks and overwhelmed by fine print, many borrowers took on debt they could not really afford.
Funny how when conservative talk hosts were saying this last year as the mortgage mess was beginning to rear its ugly head, they were denounced as fearmongering. Although unlike the above statement, taken from Obama's budget document today, the conservatives were pointing the blame for this at people like Barney Frank and Chris Dodd, whose mismanagement of Fannie Mae and Freddie Mac, as well as Congress' thinly veiled threats to lenders about making these subprime loans.
But now that His Majesty has spoken it from on high, it is gospel. This is where we've come. Now the very people who have created this mess are standing on high, wagging fingers of blame at the free market who were coerced into it.
Things aren't boding well for America's near future. Our enemies rejoice at a President Obama. He is seen as weak and we'll see just how weak once the terrorists make a move sometime this year. I'm convinced it will happen. Happened in 1993 for Clinton (the first WTC attack), a few times after, and 2001 we had 9/11. Say what you will about Bush's RINO economics and other policies - after 9/11 we had no problems with terrorism in the US.
Under Obama, just today, I've seen articles about him reinstating the assault weapons ban that ended under Bush, and more talk from him about passing the so-called Employee Free Choice Act, which despite its "sunshine and butterflies" sounding name, is nothing less than the removal of the secret ballot regarding unions.
I'm not a Ph.D but I think if you've read my stuff, you're aware of that. I don't possess any expertise in economics or political science. And in some ways I think it makes me more qualified to speak - I don't have my head clouded with theories or other nonsense. I justt see things as they come and tr to correlate them as possible.
When you take some of the proposals the Democrats have, you have the makings of a fascist state:
- The "Fairness Doctrine" will muzzle talk radio - conservative shows will be cancelled rather than a station being forced to air opposing views. Not because the station management is conservative, but because liberal radio does not get ratings, and therefore is a money drain;
- A ban on assault weapons, and given Eric Holder's anti-gun stance, it's but a stepping stone to more draconian restrictions on our liberty;
- Removal of the secret ballot for unions. In essence, a union could, and probably will, use this to bully people into voting for a union if there's a close vote. It will also force business owners (who, by the way are providing jobs) to either unionize and raise prices a LOT) or to close their doors.
So, opposing voices will be silenced, your right to bear arms will be infringed, and the secret ballot will be removed. And if you think it'll be limited to union votes, think again. You now have a precedent to avoid it for other things. Perhaps in 2012 it'll be Obama/Biden in all boxes but one, and if you vote for someone else, you'll be taken away until you learn to think better.
Funny how the Left will scream that consevatives are the fascists, but when they get into power they move really quickly to assert their dominance and to silence dissent. One need look no further than Woodrow Wilson - the "progressive" President jailed 150,000 people for dissent. But you don't hear about that. You hear about McCarthyism all the time, but he went after the liberal darlings in Hollywood.
Hope you're happy with the "change" and "hope" you voted for America. I "hope" people "change" their minds in the next elections about voting in someone with no track record and instead go for someone of proven mettle and solid virtue. I also "hope" such a person still exists.
F.D. for Two Joe Schmoes
Crossposted on Grizzly Groundswell
Funny how when conservative talk hosts were saying this last year as the mortgage mess was beginning to rear its ugly head, they were denounced as fearmongering. Although unlike the above statement, taken from Obama's budget document today, the conservatives were pointing the blame for this at people like Barney Frank and Chris Dodd, whose mismanagement of Fannie Mae and Freddie Mac, as well as Congress' thinly veiled threats to lenders about making these subprime loans.
But now that His Majesty has spoken it from on high, it is gospel. This is where we've come. Now the very people who have created this mess are standing on high, wagging fingers of blame at the free market who were coerced into it.
Things aren't boding well for America's near future. Our enemies rejoice at a President Obama. He is seen as weak and we'll see just how weak once the terrorists make a move sometime this year. I'm convinced it will happen. Happened in 1993 for Clinton (the first WTC attack), a few times after, and 2001 we had 9/11. Say what you will about Bush's RINO economics and other policies - after 9/11 we had no problems with terrorism in the US.
Under Obama, just today, I've seen articles about him reinstating the assault weapons ban that ended under Bush, and more talk from him about passing the so-called Employee Free Choice Act, which despite its "sunshine and butterflies" sounding name, is nothing less than the removal of the secret ballot regarding unions.
I'm not a Ph.D but I think if you've read my stuff, you're aware of that. I don't possess any expertise in economics or political science. And in some ways I think it makes me more qualified to speak - I don't have my head clouded with theories or other nonsense. I justt see things as they come and tr to correlate them as possible.
When you take some of the proposals the Democrats have, you have the makings of a fascist state:
- The "Fairness Doctrine" will muzzle talk radio - conservative shows will be cancelled rather than a station being forced to air opposing views. Not because the station management is conservative, but because liberal radio does not get ratings, and therefore is a money drain;
- A ban on assault weapons, and given Eric Holder's anti-gun stance, it's but a stepping stone to more draconian restrictions on our liberty;
- Removal of the secret ballot for unions. In essence, a union could, and probably will, use this to bully people into voting for a union if there's a close vote. It will also force business owners (who, by the way are providing jobs) to either unionize and raise prices a LOT) or to close their doors.
So, opposing voices will be silenced, your right to bear arms will be infringed, and the secret ballot will be removed. And if you think it'll be limited to union votes, think again. You now have a precedent to avoid it for other things. Perhaps in 2012 it'll be Obama/Biden in all boxes but one, and if you vote for someone else, you'll be taken away until you learn to think better.
Funny how the Left will scream that consevatives are the fascists, but when they get into power they move really quickly to assert their dominance and to silence dissent. One need look no further than Woodrow Wilson - the "progressive" President jailed 150,000 people for dissent. But you don't hear about that. You hear about McCarthyism all the time, but he went after the liberal darlings in Hollywood.
Hope you're happy with the "change" and "hope" you voted for America. I "hope" people "change" their minds in the next elections about voting in someone with no track record and instead go for someone of proven mettle and solid virtue. I also "hope" such a person still exists.
F.D. for Two Joe Schmoes
Crossposted on Grizzly Groundswell
1 comment:
I agree with you. However, I don't know if someone exists whose qualified to be president of the US and still wants the job.
My biggest concern is politicians don't work for their constituencies, instead they only work toward getting themselves re-elected and obtaining more power over the masses.
Big government scares the crap out of me.
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