Sunday, December 23, 2012

Study: guess who caused the subprime mortgage crisis?

New Study Finds Democrats Fully to Blame for Subprime Mortgage Crisis that Caused 2008 Financial Disaster

ACORN lawyer (left) and leftie priest-activist Michael Pflager demand
 subprime mortgages for low-income borrowers.



Leftie goons demanded that banks issue loans to people who couldn't afford them, and used government agencies (Fannie Mae and Freddie Mac) run by Democrats to cover the risk, until it all collapsed. The ensuing economic meltdown got one of the leftie goons who caused the collapse elected president.

Cloward-Piven. Ya' gotta admire it.  

10 comments:

  1. And, this was open-and-common knowledge at the time ... but no one cared.

    Likewise, is was open-and-common knowledge at the time that this usurper, the alleged-President, is not and cannt ever be a natural born US citizen, for his father was not a US citizen at the time of his birth ... but no one cared. Or cares (*).

    (*) The GOP wants everyone to shut up about the Constitutional requirement because they have their own "golden boys" who are are not natural born US citizens that they want to run for the presidency: Rubio and Jindal.

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    1. the alleged-President, is not and cannt ever be a natural born US citizen, for his father was not a US citizen at the time of his birth

      That is not and never has been a requirement. You are astoundingly weak on your understanding of the Constitution.

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    2. This comment has been removed by the author.

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    3. Of course, this anonymouse is either:
      1) willfully ignorant (*), which is itself the most common form of intellectual dishonesty;
      2) intentionally lying.

      The truth is:
      1) The US Constitution requires that the president (and vice-president) be a natural born US citizen;
      2) The US Constitution does not give a damn *where* the president (or vice-president) was born;
      3) A “natural born citizen (or subject)” is one whose citizenship/subjecthood is natural and from birth -- this is the citizenship/subjecthood one inherits from one’s parents (“parents” because we’re all feminists these days).

      Thus, by 1) 2) and 3), John McCain, born in Panama of two adult US citizens, is a natural born US citizen.

      Thus, by 1) 2) and 3), Barack Obama, (presumably) (**) born in the USA, of an adult British subject and a minor US citizen, is not and never can be a natural born US citizen. Being born with dual citizenship is incompatible with being a natural born citizen – he can’t be both, and we know he was born with dual citizenship.

      Thus, by 1) 2) and 3), Bobby Jindal, born in the USA, of two adult citizens of India, is not and never can be a natural born US citizen.

      Thus, by 1) 2) and 3), Mario Rubio, born in the USA, of two adult citizens of Cuba, is not and never can be a natural born US citizen.

      Thus, of those four, since only John McCain is a natural born US citizen, only he is Constitutionally eligible to be the US President.

      (*) for, sure as the sun will rise tomorrow, he *will not* accept correction.

      (**) NO ONE can honestly claim to know where he was born, for he intentionally hides the documentation. Plus, it is know that he (and his wife) have at times claimed he was born in Kenya.

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    4. for, sure as the sun will rise tomorrow, he *will not* accept correction.

      Given that you're (a) dead wrong, and (b) a clown, one wouldn't expect anyone to accept "correction" from you.

      A natural born citizen is a citizen who is not a citizen as a result of naturalization. Read Amendment XIV, Section 1: "All persons born or naturalized in the United States and subject to the jurisdiction thereof, are citizens of the United States."

      There are only two categories: natural born citizens and naturalized citizens. There is no third category of "citizens born in the U.S. who have a non-citizen parent".

      The fact that you bring up the "birther" argument, despite the extensive documentation that has been presented to refute that claptrap conspiracy theory, indicates that you are, in fact, a loon.

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  2. "The ensuing economic meltdown got one of the leftie goons who caused the collapse elected president."

    That's commonly how leftists come to power, isn't it? They intentionally cause social turmoil and/or collapse, then "selflessly" offer themselves as the solution to it.

    WHy, one might be tempted to think it's a strategy on their parts.

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    1. [That's commonly how leftists come to power, isn't it? They intentionally cause social turmoil and/or collapse, then "selflessly" offer themselves as the solution to it.]

      Hitler and Lenin are two leftists who exploited democratic governments to do just that.

      Cloward Piven is merely a venerable leftist strategy applied to the Welfare State. It's working like a charm.

      Raw evil. I must admit, I do admire the genius.

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    2. Michael,

      Ignorance of history is one of your fortes, but this time you're going too far.

      Besides the fact that Hitler wasn't a 'leftist', Lenin's Bolsheviks weren't replacing a democracy. Russia had an autocratic government under the rule of the Tsar. Lenin came to power in the turmoil of the First World War, made worse by the conspiracy of German Christians who facilitated the return of Lenin and his revolutionaries in a sealed train from Switzerland through Germany and Finland to Petrograd. And provided funds in addition.

      OK - there was a provisional government led by Kerensky, but it wasn't a democratic government. It might have become one, were it not for the machinations of the German Christians.

      Hitler came to power because of the economic turmoil of the Great Depression. The previous conservative governments weren't exactly democratic, ruling largely by decree under powers granted temporarily by the Reichs president Hindenburg. The conservatives thought that they could control Hitler by making him Reichskanzler, in a cabinet dominated by conservatives. They were wrong.

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    3. You're right, bach. Socialists-- national and international-- are a dangerous bunch.

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  3. "You're right, bach. Socialists-- national and international-- are a dangerous bunch."

    You and I are dangerouos -- as all humans are.

    Socialists are murderous.

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