Tag Archives: housing collapse

Whoa! Ivanka Trump’s Lawyer is…

Jamie Gorelick?!

The Mistress of Disaster?!

Fortune by Fannie Mae?!

Seriously?

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Well, let’s Start at the Beginning!

Senator Elizabeth Warren, Renowned American Indian, is demanding some Bankers Go to Jail for their complicity in the Financial Collapse.

While I predict this will be unrealized… I agree with the Socialist Senator from Massachusetts…

With one small caveat.

We Must Start at the beginning.

This, of course, would require the Lifetime Imprisonment of Chris Dodd and Barney Frank. It would also involve Bill Clinton… to what degree would be left to the courts. (He’s familiar with the courts.  And all three of these co-conspirators being at the root of it is exactly why there will be no bankers going to jail.  But it would be fun to try.)

So Ms. Warren, if you’re ready to fight this battle so am I.

I agree with your assertion that those responsible for the U.S. Financial Collapse should be prosecuted to the fullest extent of the law.

Forward!


Hearding the Crimson Cats

It must be frustrating to be a Socialist in the United States right now…

So close!  So very close…

And yet there is fear.

While Democratic Socialism is imploding in Europe, the true believers continue to push forward.   While “austerity”, which used to be known as fiscal responsibility, is being proposed in order to save the EU from a complete meltdown the Socialists will have none of it.  (The Socialist Party will secure the majority in the parliament of France this week.)

The Left is determined to destroy the current paradigm in Europe (just as they are in the U.S. and elsewhere) but they are getting in the way of a much larger goal.

In their refusal to listen to (take orders from) President Obama they are giving the entire world a glimpse of what they really want.  The total and complete collapse of everything remotely resembling free-markets and individual rights.  It is desirable to them… it is their stated goal… not something to be avoided or concerned about.  Marxists will tell you that in order to rebuild you must first have a “clean” canvas.  Marx told us that the complete collapse of Capitalism is what must happen before the Social Utopia will be realized.

We (non-socialists) watch what is going on in disbelief.  We “can’t” (don’t want to) believe that there are people out there who wish to destroy our way of life so that they can design it the way they think is best.  It seems beyond our comprehension, but it is not… we just don’t want to confront what that really means.  And we don’t want to think of what that would require of us… how we see our friends who espouse liberal ideas… the energy we will have to expend in trying to stay informed and aware… the sacrifices and personal responsibility we will have to shoulder in order to protect our way of life.  It’s uncomfortable.

But no matter how we want to “feel” about it, there is an ideological war going on, and it has been for 100 years.  Free-market Capitalism has been incrementally losing for all of that time.  The European Social Democrats finally see their opportunity to seize the day and have fully committed.  The Free-Market Capitalists are nowhere to be seen.

However, President Obama sees clearly that the American people are watching.  The 24-hour news cycle, government caused housing catastrophe and individuals involvement in the markets through their 401k’s have provided them with a better understanding of trade and economics.  (Getting better everyday.)  This better understanding is leading them to see the conflict in front of them.  The conflict of two mutually exclusive ideas.  Socialism (the ideology of subjugation) vs. Capitalism (the ideology of individual freedom).

Here is the risk for the U.S. Left: The voters might come to their senses before we pass the point of no return.  This possibility has our homegrown Progressives concerned… if the “masses” in the U.S. wake up soon enough, through the election process they could begin rolling back some, most or all of the Socialist scheme’s foisted upon them over the last 10 decades.  From the point of view of Leftists like president Obama et al, this is very inconvenient.  The Left cannot allow this to happen.  Their dilemma is they control the public schools, mass media and an entirety of one, plus most of the other major political parties… what else can be done?  They are relying on you not getting up to speed fast enough to stop them… this is where we are.

(For Anti-Socialists like me…This is what makes the next series of U.S. elections so very important.  It goes far beyond voting for your favorite guy, or the most handsome or best speaker.  It goes far beyond “wasting your vote to teach them a lesson“.  It is really about the beginning, the first steps down the road, of returning to the rights of man and a country our founding fathers envisioned.)

For the Worlds Progressive Leftists it’s about the brass ring.  It’s about winning a war they have been fighting right in front of you since the day you were born.

But U.S. Leftists realize how important American participation in this “beautiful transition” is.  The problem remains getting the world’s Leftists in lockstep is like herding Crimson Cats… they remain red, but keep going their own directions.

In this there is hope.

There is hope… in personal education, and open discussion, of economics and individual freedom.  There is hope in demanding the press do their job and keep politicians in check whether they happen to like them or not.  There is hope in initiating cordial conversations which challenge your friends to explain their points of view out loud so they have to make an effort to think about what they think.  There is hope… if you don’t give up and give in.

The United States is the last country on Earth that is in a position to represent the individual.  The Socialists have control over all the other countries… and how is that working out for the self-proclaimed “smartest people” in the room?

Unfortunately, they would tell you “pretty well”.

Keep an eye on the cats.

(For any of you Leftists who suffered through this entire missive, let me ask you a question.  When has it ever worked out well for the Proletariat?  Pour yourself a cold glass of Moskovskya and think about that for a while.)

(Originally posted 061112)


Short Attention Span

I’ve already forgotten:

We’re bankrupt.
We’re printing money, and paying bills with it, because we don’t have any.
We’re playing with the unemployment numbers and the best we can do is call it “crappy” where it was once called “criminal”.
We’ve Socialized Medicine and it’s costing all of us more money than ever before… but Socialism always works, so no problem.
We’ve sent Assault Rifles to Mexican Drug Cartels and it’s OK.
We have a new “unspoken” policy of allowing our Diplomats overseas to be Murdered.
We have completely given up all Rights to Privacy and apparently condone the NSA spying on us.
We believe the IRS should be able to target Americans based on their political beliefs.
We agree that we need a Domestic Military, called DHS, designed to apply force within our borders.
We enjoy being groped at the airport by the individuals who could not qualify to be police officers.
We continue to believe the housing market collapse was caused by “greedy” banks.
We think there are still people starving in the United States while facing an Obesity Epidemic.
We’ve decided that what used to be called welfare is actually an earned benefit.
We think a consensus is an appropriate replacement for the scientific method.

We believe it when our politicians tell us they will do something.

What was I talking about?


Obama and the Evil Bankers.

Oh the places they would go…
The real reason the current administration will not go after those “evil wall street bankers” is where it would take them.
I have been listening to yet another cycle of how the bankers got the U.S. into an economic crisis and single-handedly destroyed the world markets. It’s astonishing that there is still any discussion regarding what happened… but let’s climb on board and revisit this.  Pay attention Occupiers.
We should start with why we are here again.

The BIG question seems to be why the Obama administration will not release the dogs of the Justice Department on the Evil Wall Street Bankers. In the opinion of the (uninformed) Left, these people need to be sentenced to death. While there is certainly some blame to be cast upon these folks… it will not be.
Here’s why;
1. These same people make up most of the Obama administration. Don’t trust me… check for yourself.  (Bankers being a part of administrations is not new… this is not necessarily an indictment.)
2. If, by some cosmic miracle, the administration did go after these people the preceding prosecutions would take the Justice Department (and more importantly YOU the public) right back to Fannie Mae and Freddie Mac… who were colluding with Barney Frank and Chris Dodd. I’m not going to mention party here as you have the ability to find this out on your own as well.  Hint: YouTube has some wonderful footage of Barney Frank feigning outrage regarding the accusation that his policies would destroy the economy.

These two politicians, Dodd/Frank, were championing the idea that the banks must lend money to people who had not demonstrated any way of paying it back.

These two used the power of government to make this idea a reality. These two forced the banks (yes, read EVIL wall Street bankers) to GIVE money to people by using federal regulations and threat of audits and law suits. These two, with an ensemble of usual suspects, were the architects of the economic collapse.  This whole subject is really not as complicated as the Left needs you to believe.

The only debate left is if these two, and their cohorts, DID IT ON PURPOSE.  The more you listen to the myriad soundbites and transcripts of Frank et al, the more one could/might think he did, in fact, do it on purpose.

So…
The the real reason the current administration WILL NOT go after the EVIL BANKERS is that ultimately the blame will rest squarely on the shoulders of government.
And, any Liberal worth their salt can’t have that…