Hence, we are in the beginning of the Great Depression 2, a man-made economic disaster.
Posted on 07/04/2009 1:30:48 PM PDT by FormerACLUmember
"You never want a serious crisis to go to waste," says Rahm Emanuel, Obama's Chief of Staff. And what better way to grow democrat party power that to create a massive crisis that disempowers and terrifies the American People into permanent submission to a quasi-totalitarian state.
And so we are now in the Second Great Depression. Unlike the First Great Depression, this collapse was intentionally and maliciously created by the democrat party, beginning with legal mandates that ultimately destroyed the financial industry by making them issue worthless mortgages to vast numbers of people who had no ability to repay such loans (the Community Redevelopment Act).
This was followed by the infiltration and complete corruption of Freddie Mac and Fannie Mae with democrat party operatives (including Rahm Emmanuel).
t that point, both the stock market and the democrat party created Hosing Bubble collapsed.
Hence, we are in the beginning of the Great Depression 2, a man-made economic disaster.
I’m reminded of a political cartoon:
Superman speaking to a taxpayer who is lying on a sidewalk, beaten to a pulp:
Superman: “Who did this to you?”
Citizen: “Clark Kent”.
The democrats are planning for the permanent impoverishment of the United States. We will be poor for generations to come, and subject to micromanagment of even the tinyest aspects of our existence by an overbearing hyper-corrupt democrat party central government.
The democrats are planning for the permanent impoverishment of the United States. We will be poor for generations to come, and subject to micromanagment of even the tinyest aspects of our existence by an overbearing hyper-corrupt democrat party central government.
by making them issue worthless mortgages to vast numbers of people who had no ability to repay such loans (the Community Redevelopment Act).
Well considering that most of those people either had their jobs downsized and outsourced, or they were illegally imported to perform low-wage jobs that "Americans won't do", I have no problems asserting that GOP is not entirely blameless in this fiasco.
Yes, the Great “Hosing Bubble” of ‘08. You are more right than you thought. We’ve all been hosed.
Read your history. The first one was also created by a Democrat Congress. Hoover could see the stock market bubble bursting and tried to put brakes on it from when he first entered office. All his efforts were stonewalled by the rats in congress. When the bubble bursted, the rats blocked all his recovery efforts. 80% of the new deal reforms had been proposed by Hoover. The rats just relabeled and claimed them as their own once FDR took power.
A Great Depression is exactly what we need to spike interest in separating from the liberal fascists and establishing a debt-free Free America.
Our political system and our government are illegitimate.Join the revolution. Free America.
Of course they did.
Almost every person elected to Congress is guilty, the dems perhaps twice as guilty as repubs. All are corrupt, out only for themselves and don’t really care about constraining goverment. It’s grown every year for something like 50 years with a momentary interruption only during one year of Reagan I as I recall.
Of course not.
Synonymous with "Bush's fault".
Blaming the messiah is blasphemy.
The challenge is to educate the American public about this.
It’s grown every year for something like 50 years with a momentary interruption only during one year of Reagan I as I recall.
Yes, but the real calamity began when the Cold War ended.
The weasels proclaimed that "Marxism was dead" and promptly took their idiocy to the global level.
Now, 20 years after the Wall fell and Marxism was declared dead, we have a Marxist in the White House.
Synonymous with "Bush's fault".
He entered office with all the advantages of a GOP controlled Congress.
He left office with the economy in shambles and the worst GOP defeat in living memory.
If you want to defend that legacy, you're not going to be much help to conservatives trying to regain control of our government.
Those horrible horrible “Bush Deficits” in 02 to 07 look pretty good in comparison.
“Hosing Bubble”—Freudian slip of the week.
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