Financial crisis — Dems poker game
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James Rippe
Published: October 3, 2008
It is clear that the Democrats are making a calculated political gambit in the period running up to the presidential election. They can create sufficient economic chaos, blame the Republican
Administration and convince ignorant voters that the Dems are the solution to their problem.
The Democrats have played their cards very skillfully, using the ultimate ace in the hole, the “Race Card.” They have succeeded because of their ability to paint anyone who called their bluff about the
efficacy of the so-called Community Reinvestment Act “bigots and racists.”
The Democrats, through this mechanism, forced lenders to make bad loans to people who would/could never pay them back. The Clinton Administration planted its cronies in Freddie and Fannie so that
they could enrich themselves, drive home their political objectives of “standing for the little guy” and create a financial situation that would eventually collapse and which they could then blame on the
Republicans. Just go to You Tube and listen to the words of Maxine Waters, Barney Frank and the rest of the Democratic leadership during the 2003-2005 period when attempts were made by the Bush
Administration and Sen. McCain in particular to correct the financial situations at Freddie and Fannie.
They rebuffed and accused the regulators of trying to create a crisis atmosphere where there wasn’t one! The bottom line is that the “inability” of the speaker of the house, Ms Pelosi, to garner sufficient
votes from her own majority party (which could have easily passed the bailout bill) in the House was a deliberate “failure.”
Wake up America! The Democrats are the arsonists who are now pretending to be the rescue squad and fire department in this conflagration that they started.
Finally, Obama is the one individual who knowingly profited both personally and politically from this scam. He and his ilk must be defeated if this country is to survive!
JAMES RIPPE
Manassas
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Posted by ( QuestionAuthority ) on October 04, 2008 at 9:49 am
Squirm, squirm, squirm. You guys should do yourselves a favor and stop listening to Rush and Sean!
Republicans spend three decades systematically dismantling market place regulations implemented after the great depression to prevent another great depression and then are surprised and confused when they bring us to the brink of another great depression. And then or course they blame the Democrats.
The sad truth is that in less than six years after moving into the White House, long before the current economic crisis occurred, Republicans ran up the largest debt in US history, more than the debt created by every other administration, Democratic and Republican, since George Washington…combined!
The Republicans have been in charge of the Congress for 10 of the last 12 years and in control of the White House for the last 8. In this short period of time they have driven the country into a ditch!
It was Republicans who lied us into an unnecessary war with a nation that had no weapons of mass destruction and posed no national security threat, then botched the occupation in an utter fiasco that has lasted longer than World War II and cost us more than any previous war in history.
It was Republicans who loaded up 40 pallets with $9 billion (30 tons) of shrink-wrapped $100 bills, flew them to Iraq and gave them away to…well…they can’t tell you what happened to the money…they just gave it away to war profiteers, war lords and Lord knows who else.
It was Republicans who have reversed our country’s proud reputation of human rights and instituted a policy of torture and extraordinary rendition, established a franchise of secret torture prisons in former communist countries and held meetings in the White House to discuss the relative merits of various torture techniques. This perverted, sad and illegal behavior has demeaned us all, placed our troops at great risk, and lost the hearts and minds of those whom we seek to “liberate from evil.“
It was Republicans who turned our government’s back on the people of Orleans in their hour of need.
When our newly-elected Democratic senator who brought the first comprehensive Veterans benefit bill since World War II to the floor of the senate, it was Republican candidate John McCain voted against it.
The sad truth is that Republicans have kicked our “shining city on a hill” into a ditch, and the American people know it.
With our reputation in tatters, our economy in ruin, our environment in peril, our military exhausted, our treasury looted, our rich much richer and our poor much poorer, who in their right mind is going to vote for another Republican?
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Posted by ( rain3fly ) on October 04, 2008 at 8:42 am
The bitter fact is that we are now in deep trouble largely thanks to the actions, inactions, and policies of the past eight years of the Republican Bush Administration. Fact! And we are living with it, as will our children… This is not a minor question of fact (Did Clinton lie? Did Bush go AWOL?), but a big, real, economic fact that everyone sees, knows about, agrees with, and that will affect our quality of living, if not our future. Why change the subject with preposterous theories? Talk about air-headed intellectuals… Why change the subject? Well, maybe the writer has learned nothing over the past 8 years and is trying to defend, at any cost, the same stupid actions that has gotten us into this mess. I’m not holding my breath that Obama will work wonders (after all, he is a politician), but we need to get rid of these Republicans who have done nothing but massive harm to this nation in such a short time. Never have so few done so much harm to so many in so short of time…
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Posted by ( RonCharest ) on October 04, 2008 at 7:21 am
If only Democrats really were as smart and calculating as this writer givers them credit for.
If only…
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Posted by ( raywilliams ) on October 04, 2008 at 7:13 am
Sarah Palin reminds me of the girl next door. But with the Palin’s having a net worth of over $2 MILLION, just not the girl living next door to me in my neighborhood.
I don’t know much about main street Wallisa, Alaska but I do know main street Manassas and middle class ain’t a $2 million dollar life style in my neighborhood.
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Posted by ( raywilliams ) on October 04, 2008 at 6:55 am
At times I like to humor people and suggest that okay IF, if in fact what you say is true - this was all a conspiracy developed by Bill Clinton before he left office eight years ago to undermine the Republican leadership in the 2008 presidential elections, then why, WHY did President Bush not take action 5 years ago when the crisis began to develop under his watch? President Bush could have one-upped Clinton by policy changes that undid Clinton’s plan.
So Bush/McCain and their Republican allies just sat on their hands and watched this financial crisis unfold - to knowingly “use” the crisis as a way to bash current Democrats for being in the same political party as Clinton? Oh yea, I “get” it.
Well, this sounds more like a smoke & mirror Republican attempt to shift the blame from the Bush/McCain policies on to someone else. Sarah Palin was not fooled. She hammered at the failed policies of the Bush Administration each time she answered a question at the vice presidential debate.
For those that believe this nonsense, I understand there is a carburator that gets 100 MPG that Ford and GM bought up years ago so they could continue to build cars getting 12 MPG.
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