
MORTGAGE MELTDOWN FACTS
10/1/08
An edited version of this appeared in the
Washington Times 10-13-08
To the Editor,
If listening to leftists has taught me anything
it’s that whenever they point fingers of blame at their adversaries, they are
really just averting attention from themselves.
The most recent example of this is Democratic
Senate Majority Leader Nancy Pelosi excoriating President Bush and Republican
policy for the mortgage industry meltdown. This meltdown was enabled, if not
willfully conceived, by Democrats. I say willfully conceived because it, and the
initial bailout they tried to ram through Congress, facilitates the Democrats’
conversion of our country into a Socialist state. Either way, be it willful or
witless, it proves that they cannot be trusted with positions at any level of
our government. Every player at the center of this scandal has ties to the
Clintons, Barack Obama and the Democratic Party machine.
Pelosi acts as if there is no information
superhighway or alternative media reporting the facts. The only people being
fooled by her tirade are those who rely exclusively on the ever shrinking
Liberal media for “news”.
The Clintons have a lot of experience with
abusing our mortgage and legal systems. They cut their teeth on Whitewater.
Clinton upped the ante when he signed the Gramm-Leach-Bliley Act into law,
effectively forcing banks to make high risk loans to unqualified buyers in
Democratic strongholds.
If you want to be one step ahead of your friends
who think they know it all because they’ve seen it on TV, do a Google search of
the names; Christopher Dodd, Barney Frank, Maxine Waters, Jamie Garelick or
Franklin Raines (to name just a few) along with “mortgage meltdown” or
“bailout”. I found an article at the renowned
www.HumanEvents.com
website by Ross Kaminsky most informative.
The facts form a case that should lead to the
impeachment of a whole lot of Democrats in high places and jail for their
cronies in the private sector. But it won’t happen if Nancy Pelosi and the
Democrats still control the country after the November elections. Get informed.
Get motivated. Get out and vote.
DRC