I look at all the things that have happened since the mid-Seventies, spearheaded the whole time by liberal Democrats.
The Community Reinvestment Act.
The Home Mortgage Disclosure Act.
The Federal Housing Enterprises Financial Safety and Soundness Act (boy, does THAT ever sound like something right out of "Atlas Shrugged") which mandated Fannie Mae and Freddie Mac to securitize (purchase) these sub-prime loans to the tune of requiring them to buy 45% of all these types of loans.
Additionally, these organizations were populated primarily by people deeply invested politically in the Democrat party, and they cooked the books (Franklin Delano Raines, Jaime Gorelick) to force bonuses to kick in where they made tens of millions of dollars PERSONALLY from them.
The introduction by the Clinton Treasury department of ACORN and NAC (Neighborhood Assistance Corporation) into the process where they were allowed to shake down and intimidate banks and financial institutions much the same way the Rainbow Coalition does with business, further forcing them to abandon the normal banking practices to lend money to people who should have never got loans. Refusal on their part would have allowed groups like ACORN to intervene with the government to prevent and block banks from expanding business, build more branches or merge with other banks by withholding approval at the behest of those groups like ACORN and NAC.
People like Barney Frank and Christopher Dodd virulently demonizing the people who were trying to warn everyone there was a storm brewing, even rebuffing the Bush White House that was trying to change processes that were out of control.
So, in light of all of this, one has to wonder: How much of this were people like Cloward and Piven (and others like minded) involved in? Was this process started many years ago as part of the Cloward-Piven strategy to fundamentally change this country by destroying it as it exists?
I had been aware of the Cloward-Piven Strategy for years, but had never given it much thought, as it was two old radicals from the Sixties that wrote it as a white paper. Old stuff, dead or desiccated people, right?
Until I saw this photo:
So they weren't out of the game. They have been in it the whole time. This all is looking less like an accident to me.