“If we don’t uncover the reason for this crisis, and determine who was responsible for it, will there be any reform?”
I don’t do video’s joanie-f, because I’m in a rural location that I haven’t access to any connection other than dialup. Takes way too long to download anything, but the plain and simple answer is that basically it was caused by Democrats. Pure and simple.
The tentacles of the Democrat creature are embedded in everything from Government lawmakers, and Bureaucrats to Wall Street to MSM to Unions to Education......the list goes on. All coordinating together under the umbrella of socialism to take this Nation to its knees.
In an article today Bill Clinton admitted it was Democrats, but in the same breath lied about how he was on the side with Republicans trying to reform the system.
In 1976-77 the Democrats wanted so much to pass feel good law concerned with “redlining” by mortgage lenders/banks that they shunned the advice of all but the one source that provided them an excuse to go ahead and create the legislation that would become the Community Revitalization Act, and then President Jimmy Carter signed it into law.
The Industry as far as I can tell managed to skate around the ill enforced law until early in Clinton’s misAdministration. The following link to an article written in 1993 will tell the story better than myself:
http://findarticles.com/p/articles/mi_m1282/is_n25_v45/ai_14779796
From there we know what happened pretty much. The Democrats under Clinton that were appointed to positions, the Democrats that were coerced into positions etc. etc. The Democrat lawmakers covering for each other. The money grubbing bastards were ripping us off every step of the way.
Today we are seeing Reid, Pelosi, Dodd, the MSM, and Democrats in general fighting to keep not only their gravy train going, but also prevent the exposure of their responsibility in the matter.
Anything else anyone wants to attribute to the cause of the meltdown is incidental to the cause. Democrat greed, and lockstep in their Socialist fantasies attempting to take this Nation’s economy to its knees to cause a desire for their type of Socialist change.
As long as there was only the MSM, which they control they had the chance to succeed. They may still yet if we don’t raise enough “H” in the “New Media” to expose them for the enemy within that they are.
It’s really not a Political Pissing match between Political Parties anymore, and hasn’t been for a long time, it’s a war. It’s a war between the Socialist/Democrats whom believe in Power over the people versus the Conservatives whom believe in Power of the people.
That’s my rather simplistic perspective of it all anyway.
Sounds like an oxymoron...but the fact is, this level of economic thuggery and thievery, aimed at destroying this Constitutional Republic, would have been recognized for the treasonous bastardization that it is, and the abject threat that it is, and would have been handled accordingly.
You pretty much summed up the basic points covered in the video. It simply adds references to the research behind your facts.
You also cited the most frustrating aspect of this entire debacle -- the fact that the left was the cause, and yet the left is pointing the finger of blame everywhere but back at themselves -- and the left-leaning media is not only allowing them to get away with it, but in many cases orchestrating the scapegoating.
I thought the President had an excellent chance to use the bully pulpit last night to 'educate' the public about the genuine causes of this meltdown, but, as usual, he got weak-kneed and whitewashed the whole thing.
When I brought that up to people today, many responded with, 'But he can't antagonize them -- he needs them in order to accomplish the bailout.'
That kind of compromise of principle with the forces of evil is precisely why we're facing these terrifying circumstances to begin with.
Thank you so much for the insightful commentary.
~ joanie
Allegiance and Duty Betrayed
“I don’t do video’s joanie-f, because I’m in a rural location that I haven’t access to any connection other than dialup.”
I have the same problem so thanks for your link in Post #20, and I’ll check it out.
National Review link - excellent! Thanks!