Ipse dixit. He himself said it.
Blog source: http://divine-ripples.blogspot.com/2009_08_01_archive.html#839522994486677211
Video source: http://www.youtube.com/watch?v=p-bY92mcOdk
Video Description: Obama admitting his Health Care Plan will ELIMINATE private insurance
OBAMA AND THE DEMOCRATS HEATH CARE GOAL IS A PUBLIC OPTION THAT WILL ULTIMATELY ELIMINATE PRIVATE EMPLOYER PROVIDED INSURANCE
(Obama S.E.I.U. forum on health care 3/24/07, Barney Frank, Jan Schakowsky all admitting a public option will put the private insurance industry out of business) NAKED EMPEROR NEWS (Hat tip to Morgen at Verum Serum for the 2003 clip)
Aug 13, 2009
Dems caused economic meltdown ?
Could it be that the Democrats were the cause of the economic meltdown when they pushed Freddie Mac into the hole. Because Freddie is a trillion dollar industry, the US economy will catch a cold whenever it sneezes.
My sources tell me that during the real estate boom, some bigwig from the legislature phoned the exec(s) there and yelled at him to buy more loans; because, Freddie Mac is a GSE with a mission to make home ownership affordable. That is why it took unprofitable loans . You recall how their officers were grilled at Congress after the debacle and were found blameless.
Freddie has the best risk-assessment models in the secondary mortgage industry and that can be proven. So, it knew that it was going into a slippery slope when it caved in. This direction had been opposed by the other officers and that is documented.
Going back to the bigwig who forced Freddie to buy sub-prime loans, is he likely to be a friend of the rich shareholders or the people with bad credits? Why don’t you search the web, but it stands to reason that the one who pushed Freddie in the hole is not from the party that sides with big business.
So when somebody goes around blaming “W” and the GOP for the economic mess, I get disappointed. I had hoped that this person would be honest and fair.
Going back to the bigwig who forced Freddie to buy sub-prime loans, is he likely to be a friend of the rich shareholders or the people with bad credits? Why don’t you search the web, but it stands to reason that the one who pushed Freddie in the hole is not from the party that sides with big business.
So when somebody goes around blaming “W” and the GOP for the economic mess, I get disappointed. I had hoped that this person would be honest and fair.
Subscribe to:
Posts (Atom)
Popular Posts
-
In July 2008 a severe persecution of Christians broke out in the Indian state of Orissa. A 22 year old nun was burnt to death when angry m...
-
The Church needs to review performance during the recent elections. Why Hillary won in New York, Massachussetts, California, New Jersey, Ma...
-
This was circulated in the web with the comment: "This is a recently published photo that was guarded by the Vatican Secret Archive...
-
Source: http://www.youtube.com/watch?v=b1_Kff0XJdE or click here Video Description: The Classical Liberal States' Rights Traditio...
-
Are Muslims pretenders? Where they are not in power, they get along with non-Muslims. However, as soon as they're in government, then...
-
If video fails, go to http://divine-ripples.blogspot.com/2010/09/video-battle-for-america-this-nov-2.html Even if I am in a Democrat co...
-
Women marry men who are like their fathers.
-
Ten years ago, I carried him with one arm and anticipated his first word. Ten years from now, I’ll probably drop him off in college and help...
-
A bishop replied to me stating that excommunication does not make the erring sheep better. I did not engage him further but thanked him for ...
-
The pro-abortion woman yelled, "Stay out of my uterus!" To that I say, "OK, if you stay out of your child's uterus."...
Blog Archive
- ► 2013 (529)
- ► 2012 (797)
- ► 2011 (540)
- ► 2010 (672)