Sunday, May 1, 2011

The Biggest Swindle Ever

No, it’s not AlGore’s global warming (now called “climate change”) scam that has netted him billions, and even a Novel Prize. That's only second biggest. It’s Obama’s “stimulus program,” his scam to keep companies that are “too big to fail” from failing, giving Obama a huge “slush fund” he can use to reward his friends. No president EVER before him has stolen as much money from the American people; and he’s still doing it.

CHRIS DODD GRIPING: It really sickens me to hear Chris Dodd, one of the authors (with Barney Frank) of the law (The Citizen’s reinvestment Act of 1976) that CREATED the “economic crash” griping about “lack of cooperation” from Republicans on his plan to “correct” the problem HE created. One of the most sickening things is the arrogance of politicians who demand “cooperation” from “the other side” to correct the problems THEY created.

FANNIE MAE AND FREDDIE MAC THE CAUSE: These entities worked very well. They were designed to buy up all those bad mortgages created by the “Citizen’s Reinvestment Act of 1976” that FORCED lenders to loan money to people who could not repay it, to “keep the lid on” until they needed to use them. They needed them just before the 2008 elections to create an atmosphere where Americans would elect Democrats in larger numbers than Republicans. It worked like a charm. Now they’re in business again, “keeping the lid on” while Democrats are in office.

FINANCIAL INSTITUTION “INVESTIGATIONS”: Obama’s talking about “investigating” financial institutions, suggesting it was THEIR FAULT that the dead beats they were FORCED to loan money to couldn’t pay up. There will be NO “investigation” of Fannie Mae and Freddie Mac unless Obama is FORCED.

DODD AND FRANK “KINGPINS”: They’re “kingpins” in Obama’s scam to create a “bloodless coup” to “take over” the federal government by CREATING a massive economic crash just before the 2008 elections. They’re blaming Bush, but Bush tried 14 times to “investigate” Fannie and Freddie and CRA, but was rebuffed by Dodd and Frank, who said “Fannie and Freddie are okay.” They weren’t.

THE SAME PEOPLE: Chris Dodd and Barney Frank were the CREATORS of the economic disaster we’re in now. So obviously they should be the ones in charge of the “investigation” into why it happened, and how to keep it from happening again. I know how; keep them far away from ANY powerful government office.
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