FINANCIAL CRISIS, DEMOCRAT CREATED, DEMOCRAT CONTINUED. INCLUDING MR. OBAMA
The video posted above running nearly eleven minutes does a masterful job in explaining the causes and participants in creating and continuing the meltdown that is still affecting our economy.
I have posted several times bringing to light many of the examples and detail found in this video. In fact one posting that I cross posted at The Minority Report and Redsate is shown in the video concerning John McCain's warning about Fannie and Freddie and the ripple effect it has had on the economy. I am proud that the creator of this video considered my post worthy of his excellent revelation about the crisis.
While the entire debacle is not all Fannie and Freddie they were the fuse to the powder keg and their practices were mirrored by many as well as Fannie and Freddie mortgages purchased by companies that have since gone under.
The Democrat involvement is clear and to date they have pretty much come out unscathed during this debacle because there is a Republican administration in the White House. The ignorance of the uninformed is placing the blame on the Bush administration and Republicans and as such the candidacy of John McCain because most Americans beleive that the President controls the economy. When in fact it is the Congress who hold the purse strings.
Additionally the Democrats have spun a web of deciept concerning their involvement as well as many who had direct responsibility with Fannie and Freddie who are now either employed in or advisors for the economic policy of Barack Obama. This to has been passed over by the press and also has not been hammered home by the McCain campaign.
While there are some dirty hands in the GOP concerning this debacle the beginnings, the continuation and the shoring up for political purposes belong mainly to Democrats who now portray themselves as the savior of the economy and the American people. When in fact they created and passed this mess to the American people and thus far have been allowed to get away with it while playing the blame game.
Ken Taylor
4 Comments:
The Dems in Congress are all hiding under their desks, praying that this will all be over soon. They have done this to themselves. I have zero pity for them.
It doesn't suprise me your included in the video, everything you write is top notch! It is just another case of throwing the blame onto Bush to make the Republicans look bad. The dems take no blame and unless people open their eyes, they can go on deceiving people!
Pasadena - agreed. The Dems are hiding behind the anger about this mess to lie their way out of the direct responsibility they have in making it.
Jennifer - Thanks, I am honored to be that the creator of this video thought my article worthy of inclusion.
I agree with you about Democrat deception. This lie being portrayed by hem taking NO responsibility when 80% of it belongs to them could very well be the worst political decption in our history making Watergate sem like walk in the park.
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