This is a GLOBAL revolutionary communist movement.
. . . . 
Back to the thread.
Don't miss additional important information throughout this thread.
Posted on 08/19/2011 9:40:53 PM PDT by hreardon
What, exactly, is a “US Day of Rage?” Well, on September 17th we may find out for certain, but until then, The Blaze is revealing what information does exist about this very nefarious-sounding campaign.
A US Day of Rage is the title given to a day of ostensibly “non-violent” civil disobedience orchestrated by a group of radicals — that reportedly include SEIU’s Stephen Lerner and ACORN founder Wade Rathke (who, coincidentally, formerly served as president of SEIU’s local New Orleans branch) — targeting Wall Street and U.S. capitalism. It’s worth noting that the title of the movement — if its intentions are indeed non-violent in nature — appears to contradict itself slightly.
But what is perhaps even more interesting than its title is who is allegedly behind the movement.
(Excerpt) Read more at theblaze.com ...
Wall St. created two types of mortgages that were guaranteed to be non-performing in great numbers: the pay option-ARM, and the NINJA (no income no job or assets) loan. Loans of both types were packaged into MBSes - in very large numbers - and these MBS packages got AAA ratings, thus qualifying as eligible to be placed in pension plans and other big pools of money that require AAA securities by law or contract.
Problem was, the whole game depended on housing prices never going down (which makes the whole enterprise a Ponzi scheme). The number of ways in which people convinced each other that housing could never go down and therefore this was all kosher, were innumerable. But none of that can change the plain facts of Economics 101 - in a market, prices can go up or down. A situation where prices simply cannot go down under any circumstances is not a market at all, but something else.
When those things started going "boom" in people's 401k and IRAs and pensions is when people should have noticed this odd deviation from the laws of nature and started asking questions.
A major part of the problem is that the value has been measured and it's significantly less than what was loaned on it.
Here’s some more.
But NOT significantly less than what COULD be built on it. It is the land that has and holds its value. IT is priceless. THAT is why the RIGHT to PROPERTY was so important to the Founders. Further, the federal government is not supposed to own land. It is supposed to be in trust for the citizens. Yet the fedgov thinks nothing of stealing your land right out from under you, your state’s land right out from under IT, and then leases it to whomever it wants.
They work, very well, and there is little that can be done to resist them.
They tend to make for a better smelling crowd of miscreants, too.
I was amazed the Brits didn't use some of them to keep the crowds back so they could fight the fires during the recent 'troubles' in London.
The banks were not *forced* to give these loans—they *chose* to buy into the gov’t get richer scheme. Many banks took a pass, and they survived just fine.
This is a GLOBAL revolutionary communist movement.
. . . .
Back to the thread.
Don't miss additional important information throughout this thread.
“This is a GLOBAL revolutionary communist movement.”
Just to clarify, I wrote that line myself. It wasn’t a quote from any of their sites.
Worked for Bob Woodward, up to a point.
Too bad he wasn't allowed to follow Kitty Graham's money .... and Larry O'Brien's .... and Walter Annenberg's ... and David Rockefeller's.
For openers.
You missed a couple.
Henry Wallace, Stalin's man, 1948. Rump Democratic convention of Stalinists. George McGovern was a delegate.
George McGovern, 1972 (there's that name again!). McGovern was Obama before Obama was Obama, back when little Barry Soetoro was getting skinned by Frank Marshall Davis. No wonder the Left hated Nixon -- they could have won the Cold War with McGovern. What a party poop old Dick was.
New conservative slogan “ all your day of rage are belong to us”
Having sat in the boardroom during half a dozen bank mergers in the late nineties, I can assure you that you are incorrect. The government was adamant about making sure the CRA was part of every banks plan. If you did not play ball, you would lose the approval required to keep the business growing.
There are facts on paper- and there is the reality of the world. It is easy to say there were choices because the rules said there are. The reality is that the small banks that “choose” not to play ball are either still really small and limited, or they are out of business.
You forgot all the graduates of Christian colleges and Universities.
You forgot all the bitter clingers in the Deep South and the Midwest and the Mountain West.
And FReepers.
Cheers!
Cheers!
“They Bring a Knife…We Bring a Gun!”
MM: Quote from me: “They’re bringing knives.....”
Quote from grey_whiskers:
"They Bring a Troll, We Bring Viking Kittens!"
Quote from my daughter:
"Baby Seals Killed bin Laden!"
Cheers!
As far as it goes, it looks as if they are compiling *reports* from others trying to make a case. It won’t work. Their approach is very naive and very superficial.
Thanks for the ping.
Homeyland Security is all over this right?
Hell. This is their wet dream.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.