Posted on 02/05/2009 10:14:35 AM PST by Danae
We have all been had. It seems that so many people I have talked to don't understand the enormity of what has been done, and what congress is trying to do to us now, that I decided to sit down and write it all out.
How did we get here?
1) in 1977 the Community Reinvestment bill passes a democrat Congress and is signed by Jimmah Caaaaartar. This opened federal dollars to organizations like ACORN.
2) ACORN is the brainchild of a couple of very evil people named Cloward and his wife Piven. They stated that the best way to take down a capitalist society was to flood the government welfare rolls with massive numbers of poor people. Ask Rudy Giuliani, he dealt with it in New York. Because America was good at being resilient and creating wealth, that idea alone failed, so they changed tactics. They expanded to include MORTGAGES in 1992. They went for the Banking Industry instead.
3) In 1992 Federal Housing Enterprises Regulatory Reform Act of 1992 is passed by a Democrat congress. This gave lots of money to ACORN and also MANDATED to banks, BY LAW that they had to ignore the standard practices of good lending, in other words, you no longer needed to prove income, have a down payment, created the 80/20 mortgages system, and oh also, if you were black it was even more closely enforced, particularly by lawyers that worked for... ACORN, like say Barak Obama? Yea exactly. So banks are now FORCED to make mortgages they KNOW are doomed to fail.
You see, they use the Mantra, well its for the Poor... you have to help the poor.... its just so SELFISH and so WRONG not to help the poor.....
Uh hua. Sound familiar?
They knew what they were doing. They were loading a great big enema is what they were doing. Keep in mind these people are PATIENT, they are willing to wait 8 years 20 years, 40 years, to further their goals when they get shut down by a Republican Congress or Presidency or both, they just wait, and train up new recruits into their ideology, which is how they created That Arab in the White house named Obama(he is 6% black 50% white and 44% Arab). But as soon as they get a congress loaded with their followers, and one in the white House, which is what we have now, BLAMO we get Porculus.
But before we even get to Porculus, you have to take into account why we are even at this point.
The Mortgage Meltdown. When all these ACORN fed poor people started having trouble holding onto their houses, they began defaulting, surely not something those people wanted to have happen, but the creators behind CRA and the 1992 Bill wanted it. Oh yes they wanted it. They stacked the deck to make CERTAIN it would happen. Why? Simple. Homeowner pays the bank for his house, bank pays other banks THEY borrowed money from to make the homeowners loan possible. Bank 3 buys up bunches and bunches of these loans and sells them to investors here and over seas, after all they are guaranteed by Fannie Mae and Freddie Mac, the favorites of Democrats and the ripest fattest shiniest cherry in the Democrats Golden Parachute tree. The Government of the United States was guaranteeing the loans, would make the PAYMENTS on the loans if anything “bad” happened. Well, that’s all great till the cost of living goes up and all those adjustable rate mortgages start kicking in. At that point the default rate can and did go right through the roof, in the tens, no hundreds of Millions. Banks had no payment monies coming in, they could not make the payments on their own debts. The river of money suddenly STOPS and banks start failing, they have no money, and no one is lending money, and the House that Jack built falls apart.
DELIBERATELY
Bear Sterns got a Gov. Bailout from the treasury in Aug of 08, Lehman Brothers fails in September 08 and gets NO bailout (the Treasury recognized there was no way they could bail out 1 in every 5 Banks in the United States, let alone the world), and the entire world Financial market just stopped in its tracks.
The United States Government can’t make the payments either, and so we got the 700 Billion Dollar Bailout, which of course, does nothing to fix the problem because banks realize that in order to function they have to have liquid cash on hand, so they KEPT it, and gave NOTHING to the homeowners who were suddenly faced with raising their kids in their cars. There really isn’t anything else they could have done, if they gave the money to the homeowners, they would have still failed, because they only had debts and no way to pay them. Catch 22. This point will be debated in history books for decades to come, right now, no one really knows the full outcome of that, other than it did not work as intended. and homeowners continue to lose their houses and the downward spiral continues.
Wow, talk about a complete disregard for poor people! Talk about setting up a way to make poor people poorer, and increase the number of poor people, well, you could not have planned a better way to do it. But then, this was PLANNED.
Cloward and Piven won.
Business start losing business, because Banks aren’t making loans to create new business. They start having problems making Payroll, and so start laying off employees, thereby INCREASING the number of Mortgage failures, AND increasing the demand on the State and Federal unemployment coffers. Now we have a great big GIANORMOUS enema just waiting for us.
That enema is called Porculus, the “Stimulus” bill that will INCREASE the National Debt, thereby REDUCING the ability of the Government to meet its debt obligations (the more debt you have the harder it is to make all the payments), and increasing the likely hood of bringing down the entire Capitalistic system. Oh and will “force” the Government to increase taxes, thereby making us individually just that much poorer. (”Oops can’t afford Heath insurance! Better Nationalize that because we HAVE to....”)
How?
Because once those new renovations for this that and the other thing are done, once that road is repaved, the jobs that it temporarily created DISAPPEAR, they are GONE, because the job is done right? So 18 months after the monstrosity is passed, we are right back where we started from, only 1 trillion FURTHER in debt.
But the lawn at the ACORN office looks GREAT!
Meanwhile we get force fed by the Media that its GOOD to help the poor, its our Obligation to take care of “Those who can not help themselves”, that Nationalizing (insert industry here) is an absolute necessity because this (industry here) is absolutely necessary! We can’t let THAT fail. Health care for all Americans seems to me to be the most likely thing they will Nationalize first, it’s the easiest to sell really.
When you look at the entire scenario from a Macro perspective, it is obvious that the entire scenario was created deliberately. The individual pieces of the puzzle change over time, from this Liberal president to that, from one leader of the House to the next, from one chairman of the Senate Finance Committee to the next Liberal ACORN swilling sellout to another, the underlying strategy does not change, only the players do, and they build upon the works of those who came before.
I don’t know that we can stop this at this point in our history. The juggernaut is SO HUGE, that I don’t know that it can be stopped. After watching the elections in Iraq ( COMPLETELY UNREPORTED ON!!!!!) that were not only such a success, but completely with out violence or fraud, I am beginning to think that my family and I would be better off living there. America has lost it’s sense of value, its freedom, and its sense of responsibility and ethics and morality. We are owned and push-pulled by socialists. A majority of Americans no longer believe that Freedom is worth fighting and dying for. America is out to kill Capitalism, the very thing which made her great to begin with. In the process, we the people pay the price, and its getting higher and more personal by the instant.
And the Democrat voters who made it all happen are happily snorting up their Kool aide packets, why dilute it with water anyway?
To Cloward and Piven, how do you feel now that you have created such an unprecedented amount of misery to SO MANY people? How does it feel to know that YOU are the cause of so much devastation? How does it feel to do so much hurt to so many? Feeling all big and important and powerful now? The biggest murderers in history are those who claim to help the poor with one hand while flaying them alive with the other, Socialists. I say to you, you are nothing short of EVIL. You are the WORST of humanity made flesh. You are not worth the air you breathe and I hope that you richly reap what you sow, x 100 Million.
I pray for America, that her leaders will recognize whats happened and at least TRY to stop it. In the name of anything held sacred at all, if they have an atom or Morality and responsibility left, they will address the REAL problem! I pray they find the fortitude to STOP making it worse! Because that’s exactly what Nancy Pelosi, Barney Frank, Barak Obama, Chris Dodd and every other Socialist in our government is trying to do. It’s up to those not in on this horrific monstrosity to STOP it! Its not only a moral obligation now, its a moral imperative. The lives of millions here and around the world are either going to be forced to take that enema, or YOU will obliterate it. PLEASE OBLITERATE IT! Our lives are in your hands. PLEASE don’t screw this up!
excellent synopsis that should be required reading for all.
Thank you!
bttt
Thanks
I emailed this page. Good analysis. Concise. Thank you.
Thank you for the excellent summary.
URL forwarded to unenlightened friends.
Thank you! I am working on a researched Essay that I hope will be good enough to post as a real Op-Ed here soon.
Good luck. If it’s as clear as this it’ll be a winner.
Its Piven
Here is a good article, http://spectator.org/archives/2008/10/29/acorns-food-stamp-mortgages Look for the PDF link thats in the article, its astounding, yea you could use FOOD STAMPS as income, thanks to ACORN and THE 1977 CRA
and another http://www.washingtontimes.com/news/2008/oct/15/the-cloward-piven-strategy/
It will be clearer, and documented, so everything in it, will have specifically cited references. Its a college Essay, so it has to be. The more research I do the madder I am getting. I originally started out with just the 1992 bill, but I am going to have to go all the way back to 1977 and the CRA. ACORN is too closely tied up with this as is the Cloward-Piven Strategy.
I look forward to reading it!
Thank you. I just emailed it to my 20 yr old daughter. She’s now taking American Govt and Politics in college. Her teacher is, surprise, an avid obama supporter.
I wish I can go and sit in her class.
LOL no you don’t. I know that kind, and saying anything will just get you an F no matter HOW correct and accurate you are. Its a losing battle, trust me I tried it once. It got me a “D” and that was generous according to her.... grrrrrrrrr.
Thanks Woolly!
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