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Economic Crisis Video

The roots of today's mortgage-based financial crisis can be traced back to the Community Reinvestment Act (CRA), which Jimmy Carter signed in 1977. Seeking to address complaints from anti-poverty activists and housing advocates about banks allegedly discriminating against minority borrowers and "redlining" inner-city neighborhoods, the CRA decreed that banks had "an affirmative obligation" to meet the credit needs of victims of discrimination in borrowing. To add a government stick to the process, the CRA decreed that federal banking regulators would consider how well banks were doing in meeting the goal of more multiculturalism in loaning when considering requests by banks...

One of the most frequently asked questions about the subprime market meltdown and housing crisis is: How did the government get so deeply involved in the housing market?Fannie Mae and Freddie Mac, even into the early 1990s, weren't the juggernauts they'd later be. While President Carter in 1977 signed the Community Reinvestment Act, which pushed Fannie and Freddie to aggressively lend to minority communities, it was Clinton who supercharged the process. After entering office in 1993, he extensively rewrote Fannie's and Freddie's rules. In so doing, he turned the two quasi-private, mortgage-funding firms into a semi-nationalized monopoly that dispensed cash...

Last week Speaker Pelosi and the Senate Majority Cadaver dodged two dangerous admissions: Pelosi denied that Democrats owned any responsibility for the nation’s banking crisis, and Harry Reid arose from his slab long enough to deny the Senate a resolution honoring American troops. Never in history has partisan petulance flapped so proudly on a flagpole. Even Obama has come forward — gritting his porcelain caps — and congratulated the troops, admitting that his predictions of military failure in Iraq might have been premature. When Nancy Pelosi was asked, “Do Democrats deserve a share of the blame for the current crisis...

When Sen. Chris Dodd (D-CT) gavels in the Senate Banking Cmte., he is expected to pro- pose changes to the Bush admin.'s $700 billion intervention in the financial markets. Witnesses include Sec. of Treasury Henry Paulson; Ben Bernanke, Chair of the Federal Reserve System; and others

Those behind market crisis should be punished: Sarkozy 1 hour, 39 minutes ago Those responsible for the crisis that has swept global financial markets should be punished, French President Nicolas Sarkozy said overnight in his first reaction to the latest bout of economic turmoil. In an acceptance speech at an award ceremony attended by U.S. and French business leaders, Sarkozy called for the "truth" on the crisis to be uncovered. "Today, millions of people across the world fear for their savings, for their apartment, for the funds they have put in banks. It is our duty to give them clear...

General Election Campaign In presidential trial-heat matchups between Ford and Carter, Ford trailed the eventual Democratic nominee by small margins in March, April, and early May. By late May, Carter opened up a double-digit lead and maintained it until late September. Carter's lead swelled to as much as 33 points, 62% to 29% among registered voters, after the Democratic convention that year. Ford cut into the margin after the Republican convention, reducing a 25-point (57% to 32%) early August deficit to 13 points (50% to 37%). ... In a poll conducted immediately after their first debate, Carter maintained a double-digit...

This morning on "Morning Joe," Larry Kudlow was asked about some specific reforms that could help the economy. He noted that the federal government helped create this financial crisis in the mid-nineties by passing the Community Reinvestment Act. According to Wikipedia: "The purpose of the CRA is to provide credit, including home ownership opportunities to underserved populations and commercial loans to small businesses. The CRA was passed into law by the U.S. Congress in 1977 as a result of national grassroots pressure for affordable housing, and despite considerable opposition from the mainstream banking community. Only one banker, Ron Grzywinski from...

Carter Sold out Iran – 1977-1978 As if a light were switched off, the Shah of Iran, Mohammad Reza Pahlevi, portrayed for 20 years as a progressive modern ruler by Islamic standards, was suddenly, in 1977-1978, turned into this foaming at the mouth monster by the international left media. Soon after becoming President in 1977, Jimmy Carter launched a deliberate campaign to undermine the Shah. The Soviets and their left-wing apparatchiks would coordinate with Carter by smearing the Shah in a campaign of lies meant to topple his throne. The result would be the establishment of a Marxist/Islamic state in ...

TEHRAN, Sept. 12 (UPI) -- Nuclear experts say they believe Iran has renewed work on developing nuclear weapons and removed uranium from its nuclear production facility. Nuclear experts responsible for monitoring Iran's program said they've discovered that enough uranium, which if enriched could make up to six bombs, was no longer at the Isfahan nuclear production facility, The Daily Telegraph reported Friday. Spy satellites identified suspicious sites that Iran hasn't declared to nuclear inspectors, the British newspaper said. The Isfahan facility, where raw uranium is enriched so it can be used for either nuclear power or atomic weapons, is subject...

Jimmy Carter The peanut farmer from Georgia became our 39th president at the young age of 52. He was a one-term governor from Plains, Ga., where he managed the family peanut farm and taught Sunday school. He was also a graduate of the Naval Academy and served seven years in the Navy, leaving as a lieutenant.He came to power in the aftermath of the Vietnam War and the resignation of President Nixon. The public wanted change and someone new, and Carter was an ambitious, hands-on politician who promised better days. As good as his intentions were, however, the things he...

The Telegraph is reporting that John McCain attacked Jimmy Carter's little snipe that McCain is milking his Vietnam service. Jimmy Carter is also an idiot.

Jimmy Carter Calls Barack Obama A "Black Boy" Can you really say that on TV and get away with it? If it was George Bush, SR all hell would break out about the racist GOP. http://www.youtube.com/watch?v=umCo4qUJiOQ

Former President Jimmy Carter said Thursday that John McCain is “milking every possible drop of advantage” from his time as a prisoner of war in Vietnam, USA Today reported Thursday. Carter focused on McCain’s interview earlier this month with author and pastor Rick Warren at his parish, the Saddleback Church in Lake Forest, Calif. McCain used every question, whether it was about religion, domestic or foreign affairs, to talk about his five-and-a-half years as a POW, Carter claimed. “John McCain was able to weave in his experience in a Vietnam prison camp, no matter what the question was,” Carter, a...

USA Today writer Alan Gomez reported on former (do-nothing President) Jimmy Carter was irritated with McCain talking about his POW experience. Evidently in Jimmy's eyes McCain is "milking" the issue. "...he said the Arizona senator has been "milking every possible drop of advantage" from his time served as a prisoner of war in Vietnam. "

immy Carter, not being the sharpest knife in the drawer, praised his candidate Barack Obama describing him as a black boy on PBS during the Democrat convention in Denver. You can bet if a Republican used that phraseology they would be chastised unmercifully by the Democrats and nutroots.

Former President Jimmy Carter said Thursday that John McCain is “milking every possible drop of advantage” from his time as a prisoner of war in Vietnam, USA Today reported Thursday. Carter focused on McCain’s interview earlier this month with author and pastor Rick Warren at his parish, the Saddleback Church in Lake Forest, Calif. McCain used every question, whether it was about religion, domestic or foreign affairs, to talk about his five-and-a-half years as a POW, Carter claimed. “John McCain was able to weave in his experience in a Vietnam prison camp, no matter what the question was,” Carter, a...

If you want to get riled up, or you need a good laugh... Can't post article, so here's a link: http://www.usatoday.com/news/politics/election2008/2008-08-28-carter-denver_N.htm?loc=interstitialskip

CARTER SAYS McCAIN IS “MILKING” HIS POW YEARS Let’s see now. Former President James Earle “Jimmy” Carter thinks GOP presumptive presidential nominee, Senator John Sidney McCain III, is milking, as in taking advantage of, his 5 1/2 years as a guest of the Viet Cong in the luxurious Hanoi Hilton where he was beaten, tortured, and maimed by his hosts. http://www.usatoday.com/news/politics/election2008/2008-08-28-carter-denver_N.htm?loc=interstitialskip There is no need to defend John McCain. His record of service to his nation, his bravery, his selflessness, and his undying patriotism speak for themselves. If anyone needs a defense, it is the failed presidency and the failed...

Jimmy Carter. What a subhuman piece of scum.

OFF THE DEEP END-Jimmy Carter Says Big Oil Reducing Prices to Help McCain Admittedly Jimmy Carter has always been a moonbat, but the former president has now gone past the tin foil hat stage and is approaching the "nice white coat with the extra-long sleeves that tie in the back" stage. The guy is now totally off the deep end. Today on the Early Show he accused "big oil" of holding down prices to help John McCain. So which is it? Is big oil so hungry for profits that they would run over their own grandmothers to make one more...

"Using terms that would send Republicans into the history books, Jimmy Carter on PBS calls Barack this Black Boy" I couldn't believe it until I heard it for myself.

Carter: Oil Industry Will Hold Down Prices to Help Republicans Former President Jimmy Carter tells 'Early Show' crude costs will remain low to benefit GOP in 2008 election. By Paul Detrick Business & Media Institute 8/27/2008 4:57:00 PM Former president Jimmy Carter predicted on August 27 that “oil companies will hold down oil prices a little bit, you know, to try to help the Republican ticket.” Carter, who was talking to co-host Harry Smith on “The Early Show” that morning, also said that the economy would be the most important issue, “as it was when Bill Clinton was elected the...

I'M A BIG FAN OF JIMMY CARTER'S. I WAS, AS YOU REMEMBER, HIS NATIONAL CAMPAIGN CHAIRMAN IN 1976, THE FIRST PERSON TO ENDORSE HIM.~ Joe Biden http://www.iptv.org/iowapress/transcript_detail.cfm?ipShowNum=3435&play=true

Jimmy Carter, ladies and gentlemen, last night on PBS special coverage. The anchor Jim Lehrer said, "And do you think that if it happens that Obama is elected, or even just being nominated, will send positive ripple effects throughout the country on the race issue?" CARTER: It already has sent a wave of approbation and admiration in many countries around the world just knowing that this black boy who grew up with just a loving mother and -- and grandparents and that was about all he had to start with, has now had a chance to become the nominee of...

BACK TO JIMMY - What Biden Pick Really Signals BY choosing Sen. Joseph Biden as his vice-presiden tial running mate, Barack Obama sent three messages. The first two are implicit admissions that Hillary Clinton had a point in the primaries. The third tells us more of what Obama means by "change." Biden is supposed to make up for Obama's lack of the knowledge and experience needed to leader on national security and international affairs. And the Delaware senator, with his humble working-class origins, is also meant to reassure the "simple folk" that Obama seems to be losing. But the third...

Former President Jimmy Carter referred to Democratic presidential candidate Barack Obama as "this black boy" when discussing Obama's political career. VIDEO

Poof. Just like that, he was gone. With all the focus on Ted Kennedy and Michelle Obama's speeches before a roused audience last night, little attention was given to Jimmy Carter, who also appeared on the stage at the Pepsi Center on the opening night of the Democratic National Convention. This was by design. In the four years since the former Democratic president took the stage in Boston in 2004, 14 members of his Carter Center resigned in protest after he published a book comparing Israel's treatment of the Palestinians to the treatment of blacks in South Africa under apartheid,...

For those of you who remember the Carter Administration, you remember how horrible it was. Democrats and Republicans agree that it may have been the worst presidency in memory. So why would we want to re-elect Carter? That’s what an Obama presidency would be. Check it out: Carter instituted “windfall profit taxes” on oil companies and prices went up (if you understand basic economics, you know why). Obama wants to create new “windfall profit taxes” on oil companies. Carter opposed nuclear and oil independence...prices went up...and Obama is also opposed to nuclear and oil independence. When people complained about oil...

Jimmy the Dhimmi to speak at DNC? Democratic Presidential candidate Barack Hussein Obama's party in Denver is going to be 'graced' with a speech by former President Jimmy the Dhimmi Carter, who was last seen laying a wreath at the grave of terror innovator Yasser Arafat and meeting with Hamas representatives in Egypt and Syria. The Republican Jewish Coalition has called on Obama to rescind the invitation to Carter (Hat Tip: Jennifer Rubin). The Republican Jewish Coalition (RJC) today called on Sen. Barack Obama and the Democratic Party leadership to remove former President Jimmy Carter from the program at the...

Ok, I think I am beginning to understand democrat logic which actually scares me. No, I haven't bought in - Chas v'Shalom, but I am seeing a picture now which I will try to illustrate. The modern liberal/democrat must be able to ignore truth for vision. Vision of course, without truth is fantasy. But that doesn't stop the left. When fantastical beliefs in new ideas emerge, ideas which are based upon fantasy more so than observation, on idealism more so than realism, on a slavish connection to a misnomer casting away thoughtful analysis, then you have liberal thought. more Young...

Senator Obama has released his line-up of convention speakers. His choice of speakers is neither wise nor moral nor are there that many new faces among them. Yes, I know: Senator Obama has to invite the previous living Democratic Presidents, it would be a break with tradition for him not to do so. But isn’t “change” Senator Obama’s mantra? And if not now, when? For example, Obama has invited Jimmy Carter, the former one-time President of the United States to speak on the opening night of the Democratic National Convention. Jimmy Carter? Yes, the President who, in 1979-1980, did not...

"Crisis of Confidence" Speech (July 15, 1979) Jimmy Carter President Carter speaks to Americans about the "crisis of confidence" in American government, values, and way of life, as the public expresses doubt in a better future for their own children. Carter challenges citizens to unite and address the problems in America by first addressing the energy shortage. Flash Video Downloadable Content Video: Windows MediaQuicktimeReal Media Audio: MP3 Help With Video Help With Audio Transcript Good evening. This is a special night for me. Exactly 3 years ago, on July 15, 1976, I accepted the nomination of my party to run...

Washington, D.C. (August 20, 2008) — The Republican Jewish Coalition (RJC) today called on Sen. Barack Obama and the Democratic Party leadership to remove former President Jimmy Carter from the program at the Democratic National Convention. Yesterday it was announced that Carter is scheduled to speak at the Convention in Denver on Monday, August 25, 2008. Through the years, President Carter has consistently demonstrated by his statements and actions a troubling anti-Israel bias. In April 2008, despite strong protests by Israeli leaders, the U.S. State Department and several Democratic leaders, Carter met with Hamas leader Khaled Meshal in Syria. In...

Jimmy Carter, John Kerry and Chicago Mayor Richard Daley will be among the speakers at next week's Democratic National Convention, organizers announced today. Former Vice President Al Gore also is scheduled to speak at Invesco Field at Mile High on the night Sen. Barack Obama accepts his party's nomination, according to published reports. The convention will gavel open the first three nights — Aug. 25 to 27 — at 3 p.m. Mountain time, the Democratic National Convention Committee announced. It will end each night at 9 p.m. Mountain time. No times have been annnounced for the final night. The schedule...

I missed the Pastor Rick Warren's forum with the candidates last night, but have reviewed the uncorrected transcripts posted here. The transcripts are worth a look. Warren's questions were excellent and the answers are revealing. Warren addressed the same set of questions to both candidates in turn. Obama went first while McCain was enveloped in a "cone of silence," bringing back memories of The $64,000 Question. Virtually every question and answer warrants comment. One that won't get much attention is Obama's closing comment on what he would tell the American people if he knew there wouldn't be any repercussions. Obama...

President George W. Bush Made Obama Possible By Seth Swirsky People in America feel safe. If they didn’t, a leftist newcomer with little experience – like Barack Obama – would never be considered for the presidency. Americans simply will not elect a liberal when they feel fear. Since President Bush deserves the credit for our security (through the countless actions he’s initiated: tough FISA laws, winning in Iraq, taking on The Taliban in Afghanistan, etc.), he’s made the Obama candidacy palatable. Similarly, Jimmy Carter, could only have beaten Republican Gerald Ford if Americans felt safe. And in 1976, they did....

Feds: Al Qaeda Mata Hari Wanted To Poison Pres. Carter Federal Sources: Siddique Wanted to Use Biological Agents to Contaminate Pres. Carter's Water By RICHARD ESPOSITO and BRIAN ROSS August 13, 2008 Long before Aafia Siddique was arrested in Afghanistan last month, allegedly in possession of a list of New York targets and chem-bio weapons information, she had allegedly developed a plot, however improbable or amateurish, to kill Presidents Jimmy Carter and George H.W. Bush and to attack the White House. Siddique plotted to use weapons that included biological agents to contaminate former president Carter's water, according to multiple federal...

Jimmy Carter the Criminal Liar! Carter & the Arab (oil) lobby - (Impeach) Lowlife Jimmy Carter's grudge against the Shah for not paying him money... - Carter's responsibility in the tortue of Americans in 1979 by the Mullahs of Iran - Carter FOR Islamofascism - How Carter brought us 9/11 Islamic massacre - Carter's crimes on Millions of Iranians - The Islamic apartheid that created a myth about (against) democratic Israel - His own admission on Israel's great equality, multi racial, multi culture free for all society - Jimmy Carter the Criminal - Carter's Crimes Against Humanity - 'Palestine'...

Not only will this be effective, but it will allow the takeover of Georgia without further bloodshed. Obama was right, we can talk our way out of world crisis.

Karel Kocher fled from Czech Republic to the United States in 1965. His goal was to graduate from Columbia University. He successfully did, and became a close friend of Zbigniew Brzezinski, the futur National Security Adviser of President Carter. Kocher was actually a KGB agent. He obtained his Ph.D. at Columbia and was recruited by the CIA. During 4 years, Kocher was the CIA station chief in Praha and sent all the informations he gathered to Moscow. Kocher was finally caught and later exchanged for the liberation of the notorious intellectuel Nathan Sharansky. Kocher still lives in Praha. He is...

Barack Obama doesn't just talk about conservation, he practices it. In his thinking and proposals on energy, the Illinois senator has expertly recycled Jimmy Carter. Though there may be a difference here or there, the Obama policies are essentially Carter's. You have doubts? Read through Carter's energy speech from April 1977. In a nationally televised addressed, Carter struck themes that are echoed by Obama today. - Whereas Jimmy Carter accused the United States of being "the most wasteful nation on earth," Obama is fond of saying that Americans are energy hogs, consuming a quarter of the world's energy while being...

...The Ford ad team told them more — how he had grown up in Middle America, played football for the University of Michigan (the name of the team was omitted in ads aired in Ohio) and served in the military in World War II. There's an assumption this year that voters know John McCain pretty well. But my sense is that there is still a lot of filling in the blanks that the McCain campaign can do. Second, they filled in the blanks on Jimmy Carter. Most voters wanted to support a Democrat, and one who had smoothed over the...

Jimmy Carter, Unwitting Crusader for Islamofascism   written by Ken on Tuesday, April 15, 2008 #fullpost{display:inline;}Not since Neville Chamberlain has the world seen as wreckless an appeaser as Jimmy Carter. During the Jimmy Carter nightmare in the 70's, Iran took 52 American's hostage for 444 days and had the most powerful nation on Earth on its knees. Not until a real President, Ronald Reagan, came to office did Iran take the US serious enough to release all American Hostages. Since then we have had to live with Iran as a rogue Islamic state thanks to the peanut farmer, turn...

Even here in his home state of Georgia, Jimmy Carter does not receive universal acclaim. He is regarded by many as a weak-kneed appeaser or a naive do-gooder with a puritanical bent. Much of that reputation can be traced back to his widely noted July 1979 speech on the nation's "crisis of confidence," remembered as the "malaise" speech, though he didn't use that word. The response to that televised talk taught politicians one thing: Never ask Americans to make sacrifices. After all, it is now accepted wisdom that the speech — combined with hyperinflation, hostages and an oil spike —...

Looking back over the last 40 years, the presidential campaign that most closely resembles this year's is the contest between Gerald Ford and Jimmy Carter in 1976. The Republicans were the incumbent presidential party that year, as they are now, but the Democrats had a big advantage in party identification -- on the order of 49 percent to 26 percent then, far more than today. The Republican president who had been elected and re-elected in the last two campaigns, Richard Nixon, had dismal favorability ratings, far lower than George W. Bush's. His name could scarcely be mentioned at the Republican...

Many of Barack Obama’s national security policies are sideways, backward-looking and re-treaded from the Carter Administration. As examples, Obama supports direct negotiations with the Iranian theocracy, opposes support for pro-Democracy Iranian groups, and advocates open lines of relations with the most corrupt members of this despicable regime. All of this works only to legitimize the dictatorship, both in the eyes of the beleaguered Iranian people and in the eyes of the world, friends and foes alike. if enacted, this would be another very dangerous and short-sighted strategic blunder, and one from which we may never recover.

Who else is better qualified to negotiate a truce between Bill and Obama? And between Hillary's holdouts and Barack's backers, the Sunni and the Shia, Madonna and Guy Ritchie?

YOU CAN'T FUEL ALL OF THE PEOPLE ALL OF THE TIMEJune 25, 2008 Liberals dismiss studies that show a link between abortion and breast cancer, claiming they are biased because the people promoting the studies are "anti-choice." For the same reason, no one should believe the Democrats' "energy" policies. Democrats couldn't care less about high gas prices. The consistent policy of the Democratic Party, going back at least to Jimmy Carter, has been to jack up gas prices so we can all start pedaling around on tricycles. Environmentalists are constantly clamoring for higher gas taxes as the cure-all to their...