Next time we have a crisis in Washington D.C., we need to take a close look to see if it is a real crisis, and if it is, how was it created? The perfect example is the housing crisis that brought about the current economic mess. First of all, Chris Dodd and Barney Frank were part of a Democratic congressional majority that forced banks to make high risk loans to people who could not qualify for housing loans, as part of the Fair Housing Act. (As an aside, take a REALLLLLLLLY close look any bill that includes the word Fair and doesn't involve ferris wheels and corn dogs). The promise to the banks was that the loans would be backed by Fannie Mae and Freddie Mac. While CSpan will generally result in a full-on slobbering nap, maybe we should all be making that network the top rated cable channel. Here's an enlightening video from 2004.
So, they created the crisis, ignored the warnings about crisis, and then took billions, soon to be trillions, to fix the crisis. And oh, yeah, blame the people who were sounding the warnings for the crisis!
Another example, how about the $854 billion dollars to create jobs to keep unemployment from going over 8% at the beginning of Obama's presidency. Using their own numbers, which are very questionable if not outright lies, they created or saved 3.5 million jobs. That means the federal government spent $244,400 for every job saved or created. And unemployment still went to almost 10%, or 14.4% if you include those who became discouraged and just stopped looking or were unemployed for so long that they were no longer eligible to be counted.
And don't even get started on
Obama and Gore to profit from Cap and Trade Why no media outrage about cap and trade? Rednecks and global warming
How about financial reform? Was that even on your radar? Now, with the solution that passed in a 2000+ page law this summer, every one of your financial transactions is subject to scrutiny by the the government. Student loan crisis? Fixed, as part of the 2000+ healthcare law. Yes, part of the HEALTHCARE law! The healthcare law that 60% of Americans want repealed. The healthcare law that 68% of Americans did not want passed. Now, for a Golden Oldie, victims of rape and incest do not have access to abortion. Was that really such a pervasive problem that the government needed to get involved? I'd like to see some stats, but now, less than 30 years later, abortion is an accepted form of birth control. Or in the words of this British pundit, "getting rid of a couple of cells."
With the election this November, we had better take steps to handle our own problems before the "firefighters" in DC burn down our whole country.
Kinda worried about what the next crisis will be and will the sheeple believ the lie!
ReplyDeleteOh love the redneck link.
ReplyDeleteSpeaking of "fair" Dud you see vido of Oblamo saying he would raise taxes on the rich in the intrest of "fairness" even though he admits taxing the rich doesn't raise the dollars the government actualy receives?
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