America’s financial future is on the line (Yazoo, MS)

The Yazoo Herald ^ | Oct 15, 2008 | Walter Patterson

[Islander7]

The American people have lost faith in their government. You can tell this by looking at Wall Street. The approval ratings for Congress swings between 9-13 percent. Congress passed a 850-billion dollar "rescue" package and the stock market fell another 800 points. We have "nationalized" the home mortgage business. Uncle Sam now controls this industry, for better or worse, and I’m betting it’s for the worse. When Congress nationalizes the health care industry, expect to get the same results. No wonder Americans don’t trust big government.

----- Snip

Capitalism did not cause the problems we are facing today. Had the government used capitalistic economic principles, our economy would be humming along today like a new Singer sewing machine. But in 2006, the Democrat Party returned to Washington with their virulent leftist agenda, and within a year of their return, the economy was on the skids – skids I must say were greased with the finest axle grease that money can buy.

---- Snip

Fannie Mae and Freddie Mac were doing their corrupt part by buying up all the mortgage loans that they could find with, I might add, the complete approval of the Democrat Party.

Democrat Congressman Barney Frank, one of the leading socialists in the House of Representatives, held hearings to determine what was going on with Freddie and Fannie. Democrat members of his committee declared unequivocally that there was nothing wrong over at these two unconstitutional quasi-governmental agencies. In fact, that stalwart of banking knowledge, Maxine Waters, (D-California) said that "Fannie Mae was doing fine under the excellent leadership of then CEO Franklin Raines. This was at the same time Raines was siphoning off nearly 100 million dollars in salary.

---- Snip

[Islander7]

I’ve never given much credence to conspiracy theories or folklore, but in this case, if the Democrats continue on the course they have set this nation, I might just have to modify my thinking concerning 2012. With Nancy Pelosi, Barney Frank, Chris Dodd, Henry Waxman, Maxine Waters, Chuck Schumer and President Obama in charge of the economy, who knows?

We may hope that the ancient Mayan prediction is correct.

(Small town Mississippi 'Gets It!')

[Red Badger]

Home of the late Jerry Clower and Yazoo Lawnmowers..........

[CRBDeuce]

Yep,
America has lost faith in any chance that voters can recognize a crook when they see ‘that one’ debating a hero tonite!

[Slapshot68]

Now I know what living in Venezuela must be like.

[uncbob]

The approval ratings for Congress swings between 9-13 percent

So what

All the dems will still get re-elected Voters are wackouts

[Miss Behave]

Ping to the MS Ping List People. ;-)

[Islander7]

"...Home of the late Jerry Clower and Yazoo Lawnmowers.........."

As a kid and teen, pushed a big wheel Yazoo a million miles. Great lawnmowers.

Jerry Clower 9 minute audio

Jerry Clower on Jerry Reed show 7 minutes

[Islander7]

“...Now I know what living in Venezuela must be like...”

If you don’t now, you will.

[BillT]

The approval ratings for Congress swings between 9-13 percent

and yet everyone votes for their own lunatic and hopes the rest throw theirs out. sigh!

[WKB]

Mississippi Home town ping for Haley Barbour,Willie Brown(Oak. Radiers), Jerry Clower,Gentle Ben Williams(Buf. Bils) Zig Ziglar,Stella Stevens and me.

[grandpa jones]

We were in YC last week for uncle’s funeral.