It IS Clinton's fault

Well kiddies,

this guy got it right, and had to put it in the form of a bedtime story for most "amuhruhcains" to understand.

http://campaignspot.nationalreview.com/post/?q=OTRmNTE2ZGMyY2UwOGVhZDczYTcxM2MxNDU1ZGNkNmE=

The mortgage meltdown is Clinton's fault.

Repeat after me:

It's Clinton's fault.

It's Clinton's fault.

It's CLINTON'S FAULT, FAULT, FAULT!!!.

This story is really so simple it is amazing.

1) Government (read - meddling) tells banks they must issue risky loans to create opportunitiy for poor people and minorities to own homes.

Now children, all this really says is: banks must provide mortgages to people that cannot hope to pay them back. If they fail to make payments, then the government promises to redistribute your and my wealth to pay off the loans.

2) Government (read - meddling) tells Fannie Mae and Freddie Mac that they must BUY the risky loans that the banks have made. Government (read - meddling) tells Fannie and Freddie that there will be PUNISHMENT if they do not buy the loans.

3) The banks are happy. The housing market is on a roll. Ever-growing home prices hide the risky loans, and allow banks to a) make more loans, and b) show more assets and accounts receivable on their books. This makes banks look fabulously wealthy.

4) Fannie and Freddie are happy. They buy more loans and list them as "assets".

5) George Bush and select Republicans begin warning congress that this has gotten out of hand. When? Oh, 2004. They begin shouting at congress in 2005. Congress could care less. In fact, House Financial Services Committee Chairman Barney Frank (D-MA) stated he "has no plans to hold even a single oversight hearing to look into special “VIP” housing perks that Countrywide gave powerful congressional Democrats [Chris Dodd and Kent Conrad] at the same time it was hiking mortgage rates on you and me. See:
http://sayanythingblog.com/entry/surprise_democrats_block_investigation_into_countrywide_mortgage_scandal/

6) Nobody does nothing, not noway, not nohow.

7) House prices plunge, poor people and minorities default on their loans, and all those "assets" turn into "liabilities".

Can you spell "liabilities"?

I knew you could.

8) Banks and Fannie and Freddie run out of money to make loans because first they have to write down the new debt, and then their market capitalization falls dramatically because of it (i.e. their stock prices become nearly worthless).

Finally - when did all this start? Hmmm, let's see. Jamie Gorelick, Frank Raines, James Johnson, all Fannie execs. were advisors to Bill Clinton in the 90's, and basically drove Clinton's policy mentioned in item 1.

All of these, by the way, are now advising Barak Obama on economics. Holy Mother of God.

All of these, by the way, got fabulously wealthy from pay and bonuses as the mortgage giants racked (wrecked) up the books.

See: http://www.worldnetdaily.com/index.php?pageId=75586

Oh, and guess who was shouting loudest that we needed more oversight - especially with Fannie and Freddie? John McCain.

Who?

John McCain. 2005. He was calling for 'change' in 2005. He was ignored by: Barak Obama.

See: http://news.aol.com/political-machine/2008/09/17/obama-mccain-and-fnma-reform/

Who started the mess?

Well, all evidence points to Bill Clinton and the Democrats.

I always knew that scallywag was up to something! And we all thought it was just sex :)


James Jones

Sh**t for brains

OK, I have tried to stay calm, but there are a few lines that have been crossed, and I simply must express my opinion. If this offends you, then we are so firmly entrenched in our separate beliefs that almost any political opinion I offer will offend you, and probably likewise.

That out of the way, here goes.

Matt Damon and Pamela Anderson must have mixed up the places where the intellect and the fecal matter go. In my mind these two are so hopelessly stupid, biased, and hate-filled that they are walking advertisements on why abortion should never be banned, even as late as the 117th trimester (Matt Damon) or the 126th trimester (Pamela Anderson).

Now have I lowered myself to their level? That is my intention.

Matt Damon is a college dropout that has turned looks and some acting ability into an outrageous fortune, which by liberal Democrat standards, he ought to be sharing copiously with the disenfranchised. Let's see it, Matt, before you open your substantial blowhole to impugn capable candidates with impressive resumes that participate in our political process (http://www.youtube.com/watch?v=C6urw_PWHYk).

Pamela Anderson is a two-bit you-know-what that has been used and abused by the best of them and has been granted favorable consideration the country over in light of her good looks and acting(?) abilities. So what is the considered opinion of the Republican vice presidential candidate as offered by THIS mind-boggling intellect with the famous set of false...er...assets?
"She can suck it!" (http://www.youtube.com/watch?v=4BU91ALzOak).

Let's match wits between, say Matt Damon: Harvard Dropout, Pamela Anderson: Street Educated, and the people they hate:

George Bush: Bachelors Degree from Yale, MBA from Harvard, F-102 pilot, Governor of Texas (reelected by landslide), and two-term President of the United States.

Dick Cheney: B.A. political scince, M.A. political science, Congressman, Senator, and two-term Vice President of the United States.

Sarah Palin: B.S. communications-journalism, Mayorof Wasilla, AK, Governor of Alaska, Chair of the National Governors Association, Vice-Presidential nominee.

Let's see a reality show where Matt and Pamela are locked in a room with George, Dick, and Sarah for about 2 hours, talking about everything they want to get off their (ample) chests. Let's see the whole thing recorded, with no edits, and viewed and reviewed by the couch-potato(e) public on evening TV.

A run-through of that one time is about all anyone would need to see the depth and breadth of the intelligence, compassion, and cognitive ability of two of Hollywood's "finest".

Wanna know what I think about Matt and Pamela?

"They can suck it!"

All-in for Palin

Well, yep - I'll enter the ante.

Who'd a thunk the punk-boy had the cojones for this selection?

Now let me say I wish no harm on the maverick, but how I wish there were some way we could flip the ticket. Oh, how I wish.

Democrats are stunned and a bit frustrated. No matter what mud they throw, it doesn't seem to stick. Anybody remember 8 years of Clinton? Welcome to our frustration.

If the teflon gal holds up through it she'll carry Mr. McCain into the White House, I believe. It's refreshing to see how many people actually do hold more conservative beliefs than we are led to believe by all the tongues sitting at news anchor desks. Gee, to listen to the lot of them there are only 6 real conservatives in the whole United States.

But with Palin on the ticket, suddenly it seems conservatives outnumber liberals. It is pleasant to behold, if a bit amazing.

I'm not completely naive. A lot happens in the last 2 months of a presidential campaign. One thing is for sure - if the race stays within 4 points either way, the networks definitely won't be trying to call the election early as they have so many times before.

Remember that I am NOT voting for McCain. There is no political death-bed conversion that will enable me to do that after all the wounds he dealt conservatism over the years.

However, I will be happier if he gets in than I would be if the other side and all their hope for change because it is something to believe in change we can hope for if we just believe that we can change so that we can again have hope.

Almost makes me feel sorry for Hillary. Oh, wait. Not. Can't give much credit to 147 "I don't recall"s during the Whitewater hearings about her 60 hours of booked time for the Rose Law Firm.

And for the encore, how about Joe B? All excited at a rally mentions a guy in a wheel chair, and shouts "Stand up Chuck! Let everybody see you! Stand Up! Oh my, what amd I talkin' about? Well, everybody here is standing up for you, Chuck!"

ha ha ha ha ha ha ha ha!
Funnier than Bob Dole falling off the stage in '96.