Posted on 09/27/2008 8:24:25 AM PDT by joanie-f
America is facing the most dangerous crisis in the history of our nation. It is not simply an economic crisis. It is a crisis whose outcome may well determine whether America continues to survive as a representative republic ... and whether America remains strong enough to face the massing, determined enemy outside of her borders.
The ‘economic’ portion of this crisis did not occur by accident. It occurred, in large part, as a result of leftist ‘social engineers’ who are intent on circumventing the Constitution to use pretended altruism in order to expand their power and further implement their left-leaning ideological agenda. And they cannot succeed unless the noble foundations upon which our republic was built are completely dismantled.
The current economic crisis, and all of its ramifications, represent a giant step in that insidiously evil crusade.
This economic meltdown is occurring largely as a result of socialist special interests pressuring their friends in congress to relax the underwriting standards for home mortgages. Those friends in congress used all manner of grotesque extortion and shakedown techniques, made legal through changes in law (most notably the Community Reinvestment Act), to pressure the banking/mortgage industry to grant hundreds of thousands of loans to low-income and minority citizens whose economic backgrounds exhibited little or no ability to repay those loans.
From the Ludwig von Mises Institute’s The CRA Scam and its Defenders:
When the CRA was created during the Carter administration, the administration also funded with tax dollars numerous ‘community groups’ that have helped the Fed, the Comptroller of the Currency, and other federal regulatory agencies to enforce the act. Under the CRA, if a bank wants to make virtually any change in its business operations — merging, opening up a new branch, getting into a new line of business — it must first prove to regulators that it has made ‘enough’ loans to the government's preferred borrowers. The (partially) tax-funded ‘community groups’ like ACORN (Association of Community Organizations for Reform Now) can file petitions with regulators that stop the bank's activities in their tracks, perhaps defeating them altogether. The banks routinely buy off ACORN and other ‘community groups’ by giving them millions of dollars as well as promising to make even more dubious loans.
Yes, there were other contributors to this meltdown, but years of such pressure and pandering to special interests were the major contributing factor in the crisis we are facing today (and tomorrow ... and beyond).
One of those special interest groups that participated broadly in this dramatic change in banking/mortgage procedures was indeed ACORN (the Association of Community Organizations for Reform Now), one of the largest radical left-wing groups in America.
Barack Obama’s affiliation with ACORN is longstanding and deep. He ran an ACORN-sponsored massive voter registration effort (which was later accused, and continues to be accused, of engaging in massive voter fraud). He later became a trainer for the group, as well as its lawyer in numerous election law cases. He received strong financial support from ACORN in all of his election campaigns, and his affiliation with the group and its radical activities remains strong today.
Fast forward to September 26, 2008:
Many involved in the current congressional negotiations on the economic bailout proposal are attempting to make the public aware that the proposal being pushed by the democrats would have a large portion of the taxpayer-funded ‘bailout’ money diverted to whom?
ACORN.
Is the public becoming aware of this fact? No. Why? Because those in congress who are attempting to sound the alert are being righteously ignored by the mainstream media.
Lindsey Graham (R-SC) stated today, … this deal that’s on the table now is not a very good deal. Twenty percent of the money that should go to retire debt that will be created to solve this problem winds up in a housing organization called ACORN that is an absolute ill-run enterprise, and I can’t believe we would take money away from debt retirement to put it in a housing program that doesn’t work.
Wrap your minds around this concept, if you can.
Our current economic crisis threatens America’s existence on five major fronts:
(1) It threatens to plunder from the American taxpayers for generations to come, reducing their standard of living, threatening their hard-earned retirement security, and placing debt upon the shoulders of their children not yet born. And why? In order to correct the ‘errors’ made by our leadership, and brought about by the pressures of special interest groups.
(2) It is already succeeding in nationalizing major sectors of American private enterprise, in the banking and insurance industries ... with more to come.
(3) No matter the bailout plan that is adopted, more government regulation over the private sector will be enacted, dramatically increasing bureaucratic government interference in the free market system – i.e., placing yet another socialist anchor around the neck of our capitalist system.
(4) No matter the bailout plan that is adopted, our national debt will increase beyond our ability to pay it down, to the point where our national priorities will, of necessity, be transformed from one in which our safety, security and sovereignty take a perilous second place to our need to merely pay down the money that we borrowed to get ourselves out of this economic meltdown.
(5) Unless those who played an activist role in fomenting this crisis are sought out, investigated, and prosecuted where called for, and unless the citizenry demands an accounting and a broad excising of the corruption in their leadership, once the dust settles -- and it will settle, temporarily, after any bailout program takes effect -- nothing will change. No reform will occur. And our future will be filled with more of the same -- adding to our debt, taking away from our liberties, and putting our survival in jeopardy.
Now reflect back on the fact that the current leader in the race for the presidency has had, and continues to have, close activist ties with a radical organization that played a major role in the above cataclysm.
Now ask yourself this important question:
Why is ninety-nine percent of the American electorate unaware of that connection?
President Bush delivered an address to the nation two nights ago. The subject of that address was the current economic crisis.
In his attempt to explain the causes of this crisis, he insinuated that it all started because America’s economy was considered so healthy that it attracted investors from all over the world. As a result, banks and financial institutions were awash in money, and that state of affairs planted the seed for this debacle.
Our President offered up the greatest whitewash of the reasons for this catastrophe imaginable.
John McCain and Barack Obama participated in the first of four televised presidential debates tonight. Because of recent developments, despite the fact that foreign policy was scheduled to be the topic of the debate, much of their debate centered on our economic ills.
Barack Obama pointed the finger of blame for those ills at 'eight years of Bush economic policies -- policies that were embraced by John McCain.'
Did John McCain refute that argument by finally educating the American public regarding his opponent’s personal affiliation with a radical leftwing organization that played a significant role in creating the sub prime debacle? No, he simply spoke in platitudes about how we must all work together, in a bipartisan way, in order to solve this monumental problem.
I am aware (as are many of you) of the major causes of this crisis. And if I am aware of the part that Obama and those of his political ideology played in this catastrophe, surely my President and my candidate are as well.
What is keeping them from making that association a major issue in this election?
At the bottom of this travesty (the magnitude of which I don’t believe we have seen in either our or our parents’ lifetimes) are four crucial, potentially deadly, considerations:
(1) The virtually unbridled power of the mainstream media – who routinely turn our focus (because we allow them to) toward superficial nonsense, and away from information that would be extraordinarily dangerous to those whose ideology they share.
(2) The fact that, even during their deliberations in attempting to solve this economic crisis, most of the democrats in Washington still do not consider the safety and prosperity of the people of this country to be their main focus. Their main focus, even in these troubling times, is the amassing of power and the implementation of a leftist ideological agenda. Why else, when the economic (and possibly physical) safety and security of every American is hanging in the balance, would they still be attempting to divert a large portion of this gargantuan, taxpayer-funded bailout into the pockets of a left-leaning organization bent on social engineering (and an organization that played an activist role in the catastrophe to begin with)?
(3) If republicans in congress resort to compromise, as they have so often done over the past eighteen years, they will have committed the final betrayal. They will have saddled the American taxpayer with an unbearable burden – in the form of financial extortion, the crumbling of our capitalist system through the nationalization of private enterprise, and the granting of oversight powers to the government that were never envisioned by our Founders – all of which conditions are expressly forbidden by our Constitution. Individual liberty will be the major casualty – with security and sovereignty to follow, a distant, but definite, second.
(4) Congress, bowing to the enormous pressure of powerful, radical left-wing special interest groups, started this crisis by pressuring, in an entirely unconstitutional manner, the banking/mortgage industry to do what their special interest lobbyists wanted. Yet among the major end results of any temporary bailout will be the granting of significantly more 'oversight' powers, this time made legal by 'post-meltdown' legislation. The government will be granted enormous additional power to look over the shoulder of private industry and dictate the parameters under which it can function. Talk about rewarding crime, and positioning the country for more of the same ... now legalized ... much deeper, and much more threatening to our capitalist foundations.
I have little faith that the electorate will recognize the genuine nature of the man they are about to elect to the presidency. The media will not allow it. And the citizenry is too lazy to look beyond the mainstream media for answers.
I have little faith that our ‘leadership’ in Washington will once again begin to represent the best interests of the people. The corruption is too deep, and the power of special interests is too unwieldy and unaccountable, and growing moreso every day.
There are enemies at the gate. Enemies of the sort that the world has never known – who see it as their destiny to conform us to their image, or see us dead. When they decide to break down that gate in a brutal manner that goes far beyond the taking of three thousand innocent lives in two skyscrapers, an office building, and a commercial airplane, they will find little resistance. Not because the people within the gates weren’t once rugged individualists who valued freedom ... but because they no longer are.
I pray, fervently and daily, that I am wrong, or that He will somehow intervene.
~ joanie
WHat will republicans do when their whole party becomes irrelvant?.. Probably nothing.. I say nothing but am hopeing for much more.. On the otherhand maybe most republicans don’t really care about America, they care about their lifestyles.. At least democrats CARE about destroying American conservatism.. They care about “something”.. If republicans as a party (generally) do nothing they will deserve their fate.. -—>> laughter..
Also, what kind of a world would it be like to live in if nobody is "responsible" for anything — except taxpayers, who are ultimately "responsible" for everything?
Let's see what the Republican "Bail-Out Plan" looks like, since the Treasury solution in its present form looks to be a non-starter. That's probably what all the screaming and yelling on Capitol Hill today was all about....
I can't wait for the next shoe to drop!
Better yet, collect what you can off the 'suckas', foreclose, and flip the house--after all, the market is going ballistic and you get to make money all the way.
If things look dicey, dump the paper, otherwise, double-dip (payments and the price increase).
So much greed, so little time.
Bump for later....
>If republicans as a party (generally) do nothing they will deserve their fate..<
What can Republicans do ? The leaders of the Party are the ones who are corrupted. Same problem with the Democrats. That brings up the BIG question everyone is afraid to ask, “WHAT CAN THE AMERICAN PEOPLE DO?”
The leaders have lost their way and are guiding us down a path to self destruction. Do we follow them or kick them out and start over? What’s the first step? Elect more corrupted officials?
Me either.. The Donkey Drama continues..
A MYSTERY offered: When democrats threaten as they always do with taxing corporations and buinesses generally.. The mystery is why?. does a republican NOT EVER mention nobody can tax a business because the buisness passes on the tax to the consumer(US), ALWAYS.. and/or the business leaves the country for a friendly place to do buisness.. A TAX on business is ALWAYS a tax on consumers..
Never, ever, does a republican mention that, bring it up, or counter with that argument to any democrat.. WHY?.. I want to know why?.. No long rambling explanation to the democrat just simply "its impossible" to tax businesses.. and accuse them of a shell game, lieing, or sheer idiocy.. Or even to TAX Rich people with their money offshore.. like Federal Senators and highly paid government employees.. or owners of Main Stream Media..
SOMEBODY should bait some democrat, say BIDEN or Couric, with this question and lower the boom at least ONCE..
Thats an easy question.. Do what the founders intended in a situation exactly LIKE THIS... and WHY? the 2nd amendment was provided.. What is that solution?.. You know but are to timid to say it.. Actually WE ALL KNOW what the 2nd amendment was provided for.. all it takes is the BALLS to do it.. It would be bloody as hell but FREEDOM ain't cheap.. Already much blood has been spilled for it.. (other peoples blood)..
I like your tagline.
Pray and pray and pray some more.
Whew. What a day. What a week.
Others know any candidates worth supporting. Col Alan West is one - for Congress - but the Repub party is NOT giving him good support. It is total grassroots.
Senators = others will know who need that support.
I am supporting Elizabeth Dole in NC not because she is good but because her opponent Kay Hagan will endorse Obama’s communistic changes...if the nightmare falls...and Obama is vote frauded into office.
I appreciate your comments. Truly. It may come to that. I don’t know if it will. I do know this. THEY know that it might and will be commencing their ending of 2nd amendment rights just as soon as they take full power. We can count on that.
I have a very strong feeling, though, that the democrat extortionists will win out. The republicans on the Hill have an eighteen-year record of compromising with the left, to the point where many of them have actually adopted portions of the left's ideology, seemingly through something akin to osmosis. I guess when you hang around filth long enough, some of that filth begins to rub off indelibly.
I agree, also, that the democrats are probably 'apoplectic' (your word, and a perfect one!) in the fear that more voters will discover the ACORN connection. I don't know that their fear is justified, though. I have heard one or two snippets about ACORN on FoxNews -- the latest during an interview that one of their reporters was doing with John Fund. Oddly, as soon as he mentioned ACORN, the interviewer abruptly announced that she was out of time.
I've also heard it mentioned by Sean Hannity. So Fox is aware of ACORN/crisis/Obama connection. Why isn't the 'fair and balanced' network assigning it headline news status? It seems to me that this connection, especially in light of the democrats' intent to ACORN through their bailout proposal, should be shouted from the rooftops. And if not from the rooftops, then at least reported more frequently than the rest of the fluff that somehow infiltrates its way into 'headline news' status. I strongly suspect that even the most ill-informed voter would find the ACORN connection highly interesting, and worth knowing, pre-November 4th. Whether the mainstream media, Fox included, agree remains to be seen. I’m betting not.
Before the mortgage crisis hit the fan, ACORN was extorting money from banks and mortgage companies. Now they are extorting money from you and me – and using our own elected representatives as the middle man ('hit man' might be a better term).
Your analysis of the cavalier manner in which the special interests (ACORN in particular), and Fannie and Freddie, created and then sold misrepresented paper is spot on.
I believe I’m going to cross stitch the following (in duplicate), and hang it in my den here at home, and in my office:
We'd continue to receive "bills" like this forevermore, unless the CORRUPTION IN CONGRESS ends, and the persons responsible for it are publicly exposed, tried, and punished.
All things considered, I think the best thing Congress can do right now is: Do nothing at all. Let the system blow up. And then people are going to start asking "Why, HOW did this happen?" And then the TRUTHFUL HISTORY of what led to this shocking debacle must be made public ... It looks to me, all things considered, that to pass this bailout would represent the final, complete socialization of America, which would instantly become a reality — in a silent, bloodless coup.
Again, I am in complete agreement (otherwise I wouldn’t be considering going to the trouble of cross stitching) :). If there must be a (n economic) flood, of Biblical proportions, the excruciatingly painful cleansing that would result might just prove to be the painful lesson that sets America back in search of the Founders’ vision. Perhaps, rather than condoning a bailout, instead we need to, somewhat passively, simply watch the corruptors finally receive the horrendous comeuppance that they deserve. That we must suffer along with them is terribly unfair and unfortunate. But sometimes a deep and essential cleansing demands such suffering, on the part of the innocent as well.
A friend wrote to me this week, 'I find myself sitting in a high-stakes Texas hold-em game with a lot of chips in the pot that I cannot remember betting.'
Funny, isn't it? None of us remembers even sitting down at the table.
A final 'aside' ... While driving in the car today, my husband and I were talking about the election, and, in specific, the general apathy and ignorance of the electorate. Which is why I cringe every time I see a 'Get out the vote!' drive – especially the kind aired on MTV and the like, in which celebs use all manner of fluff reasoning to bring voters to the polls.
If one must be cajoled into voting, one shouldn't be voting in the first place.
After a few minutes' discussion, my husband and I decided that, in a perfect world, voters would have to walk ten miles, uphill both ways, in the dead of winter, during a blinding snowstorm, with snipers shooting at them from behind the bushes – and should have to pass a civics and current events test – in order to vote. That way, only those who are serious about voting, and willing to sacrifice in order to do so, would cast a ballot.
We acknowledged that our 'perfect franchise rules' were created tongue-in-cheek, but I suspect that each of us, in some secret corner of our mind, secretly yearns for them to bet instituted. :)
Thank you so much for your always insightful comments, betty.
~ joanie
btt
'It seems to me that this connection, especially in light of the democrats' intent to reward ACORN through ...'
(Fingers moving faster than brain.) :)
~ joanie
Amen. Our Founders would have expected nothing less:
And for the support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually pledge to each other our Lives, our Fortunes, and our sacred Honor.
Recall, our Founders and their followers were far from a majority when they signed this bold AND historic document. If memory serves, most of them suffered dearly performing what they felt was their Divine Duty. Are there enough of us left made out of the same stuff???
If one must be cajoled into voting, one shouldn't be voting in the first place.
Without a doubt that is so true, so very, very true!
They are supporting diversity, that’s why.
Indeed, the only reason for the Democrats not voting now must be their desire to have Republican's necks on the chopping block along with their own.
The rumor is that the ACORN provision is off the table. We'll see...
You do know (yes, I know you do -- rhetorical only :)) that the Founding Fathers stipulated that only those who had both knowledge of and a valid citizenship interest were permitted to vote? The biggest problem, as I see it, is the abject failure of our vaunted public education system's lack of teaching basic citizenship skills. That is hilariously evident when one of our late-night comedic idiots runs around the streets asking 'normal' people simple questions about the government that runs our lives. "Who is the Vice President?" Better than a third have no idea, or answer some actor in a movie they saw last month. "Who does the President report to?" I guess the guy that said "God" was closest than all the others, who had no idea that he reports to the People through Congress.
Socialism has been making inroads into our society and government since the late 1800s, slowly infecting the body politic, and instituting its rules in the government workplace. It hasn't helped that the corporations, using the courts and lobbyists, have usurped the status of the voter in the position of Public in the minds of the legislators, thanks to an invalid and illegal synopsis by a USSC Court Reporter.
If this 'Bailout Package' passes, in whatever guise they may cloak it; I fear the end of the Grand Experiment is at hand, and the next feudal dictatorship Dark Ages are just over the horizon. God help these United states.
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