You see, under the MarxoFascist rule of the Obama’s – we little people get punished, while they live large and kingly off the money they have taken by force from our paychecks. Now they seek to rob us of more money and pay lavish salaries for Obama’s Union, street agitator cronies.
Tens of thousands of health care professionals, union workers and community activists hired as “navigators” to help Americans choose Obamacare options starting Oct. 1 will be paid up to $48 an hour, more than six times the federal minimum wage of $7.25, according to new regulations issued Wednesday.
“The proposed requirements would also include that such entities and individuals provide consumers with information and assistance in the consumer’s preferred language, at no cost to the consumer, which would include oral interpretation of non-English languages and the translation of written documents in non-English languages when necessary to ensure meaningful access,” said the regulations.
The rules also addressed conflict of interest and other potential issues that navigators could face as the public’s first stop on the Obamacare trail.
It is still not clear how many navigators will be required. California, however, provides a hint. It wants 21,000.
That could be an expensive proposition, since every one of them must be paid a minimum of $20 an hour. According to the new regulations, navigators and assistants will earn $20 an hour, while navigator project leaders will earn $29 an hour. Navigator senior executives will be paid $48 an hour.
The rules allow navigators to come from the ranks of unions, health providers and community action groups such as ACORN and Planned Parenthood. They are required to provide unbiased advice.
Some in Congress are already wary of the navigators. Louisiana Republican Rep. Charles Boustany Jr., chairman of the House Ways and Means Oversight subcommittee, has raised questions about a voter registration provision in the Obamacare application Americans will have to fill out to receive health care, and whether Democratic-leaning activists will influence which party people choose to join.
I mean that my friend via radio and television. You have done many great things and this current story first broken on the mainstream by your radio show and the fine folks at Breitbart via www.biggovernment.com (Link to story here ) has exposed the fine people at ACORN to be just what they are: Poverty Pimps. It is a good thing they are “helping” with the census because I would hate for underage illegal prostitutes from El Salvador to not be counted and insured they get all the benefits and numerous voting rights for Democrats that they deserve.
As I listened to the program today and then watched the television show, read the link above from Breitbart and thought about all of the news surrounding this and the silence from the state media organs, it hit me that the big story was not that this has happened; hell I think most Americans are desensitized by this now and expect this type of behavior from any organization affiliated with either political party or receiving government aid be it ACORN or Citigroup. The big difference is that all the whores are in the board room at Citi and not seeking shelter in a Federally funded home loan in Baltimore. In fact the big story is not the risk to the lives of those involved in this story but folks, I agree with Glenn: PRAY HARD for all of them as when the dollars get this large, the rules are not exactly the same. The big point thus far is not even the silence from the mainstream media and the various liberal elite proxies acting to promote any activities that further Marxist causes, the Constitution be damned.
The big point is simple:
We have a banking crisis because of what you saw on this video and the activities of the subjects in this story.
The undercover reporters exposed what happened in bank offices, mortgage lenders of every size, and “community assistance” offices nationwide for years now. The price we are paying is just now being realized and the death of companies like Wachovia, Washington Mutual, Indymac, Bank United, Bear Stearns, and Lehman (etc..) can all be related to the story you have heard and watched from Mr. Beck and the crisis expanded upon from that.
So what “that” am I referring to?
The largest credit crisis in American, perhaps capitalist history. It can all be traced back to a series of blunders starting with the New Deal of FDR, expanding in the greed and avarice of the 1999 Gramm-Leach-Bliley Act consummated in an orgy of mercantile swine money-flu with the signature of President William Jefferson Clinton, and culminating with the “Ownership Society” nonsense of President George W. Bush. The failure of all of these Presidents, whether by design or a National Education Association mental impairment, is that government can not create capital without consequences nor expand the perceived right to own a home without defrauding the taxpayer at some point in the process. Alas, here we are with an imitation 19 year old hooker sitting in front of the very pigs that have helped to expand the government trough on behalf of the Republicans and Democrats in a sick, perverted and grossly misguided attempt to prove that capitalism can not survive without the power of the people or influence of the elitists who know better.
The stories started to circulate with the expansion of the housing boom in 2005 where illegal aliens were obtaining financing for home mortgages (See: Illegal Aliens and the Mortgage Mess by Michelle Malkin, NY Post 9/24/08 & Mortgages for Illegal Immigrants Business Week July 30, 2007), credit was extended to anyone with a credit score above 12, and home equity loans were handed out like, well, government grants to community organizers. The problem is that once subprime, or substandard mortgages, were issued to normally unqualified applicants, banksters realized that thanks to securitization of those loans they could dump the problem on willing investors (aka “dupes”) overseas who were convinced that because a rating agency or mega-bankster said “our AAA is as good as the government” then loaning money borrowed at 1% from the Fed at 5% to Speedy Gonzalez or the local 7-11 bag boy making $6.37 per hour was a win-win situation.
Then of course February of 2007 hit and I won’t rehash that again because God forbid we recite history, facts or anything else that might upset WALNUT, CASHEW, ACORN, or some other agency that comes out of the wood work to call me racist because I do not agree home ownership is a “right” (where in the Constitution again?). After the collapse accelerated and all these banksters started to fail, the very same people who created the mess elected to find a perfectly logical solution to the issue by attacking it head on:
Dump it on the taxpayer and go back to the very same ‘Community Organizers’ that determined these people deserved and were qualified for a mortgage to fix the mess.
Thus we see organizations like ACORN and many others, plus subsidiaries and “debt negotiation” companies (owned by the very same banksters who started this mess) creating programs and attempting to help the same people who should never have received a loan in the first place, to renegotiate a 50 year refinancing agreement that they can fail on next year after the election and thus force more taxpayers to fund more programs to insure they don’t lose a home, car, credit card or pet turtle named Wally they bought with credit they were not qualified for.
Thus once everyone realizes the futility in telling people they have to have kids to pay for their parents financing agreements hits home and the parents realize that Socialism really cures it all, the banksters get to keep their profits, the community organizers get to enforce pograms and the taxpayers are told to shut up and support the ‘less fortunate’ because it is their duty to help the state and keep the peace within our new happy hyperinflationary society.
So Glenn, with all do respect, all your ACORN story did was open up an old wound.
If anyone in their right mind thinks the actors who were in the video are not symptoms of a larger problem, well, bleat on and enjoy your cud. The reality is that ACORN and numerous other groups receiving taxpayer funding plus banksters given incentives to do so loaned out hundreds of billions of dollars that will never be paid back. Then the same banksters leveraged that up in the grand world derivatives casino knowing that by making it so large, so complex and so deadly all the parties involved knew they would pocket the gains and dump the risk and ultimate losses on the American people.
The lesson of this is simple:
Get government out of our capitalist system or face the consequences when the hybrid system collapses.
Too bad the lesson is missed on those in power and the problems will be endured by the people for over a decade or more.
I could go on and on about the efforts Obama has made to coddle dictators, Jihad terrorists and Communists of the world, while tearing down this country and blaming it at every opportunity.
But why restate the obvious?
But in the midst of this pattern, with all the hoopla over bank, auto bailouts and the health care nationalization – something slipped on by the majority of our notice back in April.
Obama and the Democrats last April, passed and signed a protocol to scrap 9-11 remembrances and memorials, and instead turn the focus of 9-11 from remembering the worst terror attack in our history, into a Day of Socialist Activism.
9-11 is no longer Patriot Day. Obama designated 9-11 as a “National Day of Service”, and it was hidden inside the abominable H.R. 1388 “Give Act“.
That’s right, 9-11 in the eyes of Dear Leader, is no longer a day to remember the sacrifices of Americans to the horrors of Jihadists – but a day to celebrate Leftist propaganda.
The Obama White House is behind a cynical, coldly calculated political effort to erase the meaning of the Sept. 11, 2001 terrorist attacks from the American psyche and convert Sept. 11 into a day of leftist celebration and statist idolatry.
…The president signed into law a measure in April that designated Sept. 11 as a National Day of Service, but it’s not likely many lawmakers thought this meant that day was going to be turned into a celebration of ethanol, carbon emission controls, and radical community organizing.
The administration’s plans were outlined in an Aug. 11 White House-sponsored teleconference call run by Obama ally Lennox Yearwood, president of the Hip Hop Caucus, and Liv Havstad, the group’s senior vice president of strategic partnerships and programs.
…On the Aug. 11 call, Yearwood and other leaders kept saying repeatedly that they wanted 9/11 to be used for something “positive,” “forward-leaning,” and “productive,” said a source with knowledge of the teleconference.
The plan is to turn a “day of fear” that helps Republicans into a day of activism called the National Day of Service that helps the left. In other words, nihilistic liberals are planning to drain 9/11 of all meaning.
“They think it needs to be taken back from the right,” said the source. “They’re taking that day and they’re breaking it because it gives Republicans an advantage. To them, that day is a fearful day.”
A coalition including the unsavory left-wing pressure group Color of Change and about 60 far-left, environmentalist, labor, and corporate shakedown groups participated in the call. Groups on the call included: ACORN, AFL-CIO, Apollo Alliance, Community Action Partnership, Deep South Center for Environmental Justice, 80 Million Strong for Young American Jobs, Friends of the Earth, Joint Center for Political and Economic Studies, Mobilize.org, National Black Police Association, National Coalition on Black Civic Participation, National Council of Negro Women, National Wildlife Federation, RainbowPUSH Coalition, Urban League, and Young Democrats of America.
…They view Sept. 11 as a “Republican” day because it focuses the public on supposedly “Republican” issues like patriotism, national security, and terrorism. According to liberals, 9/11 was long ago hijacked by Republicans and their enablers and unfairly used to bludgeon helpless Democrats at election time.
…On Aug. 4, the White House offered a glimpse into its plans to desecrate 9/11 for political advantage. Jones appeared in a largely ignored 33-minute video posted on the official blog of the White House to discuss the administration’s plan to flush 9/11 down the memory hole just as it has tried to do by rechristening the Global War on Terror the “Overseas Contingency Operations.”
Of this National Day of Service, Jones says little except that it will be a great opportunity “for people to connect, to find other people in your peer group who are also passionate about repowering America but also greening up America and cleaning up America.”
...the National Day of Service will be “the first milestone” of a larger effort called Green the Block that is attempting to convince Americans that the utopian fantasy of a so-called green economy is possible without turning the U.S. into a Third World country.
…At no time does anyone explain why this National Day of Service has to be held — of all the 365 days in a year — on Sept. 11.
Of course the contempt Obama has for patriotism, America and the principles that we hold dear is no secret.
His contempt for those Americans lost on 9-11 was self-evident at last year’s memorial service at Ground Zero where Dear Leader irreverently tossed a rose in a display of cavalier indifference.
Of course Obama had a penchant for politicizing even 9-11 to fit his idea of Marxist change.
State Senator Barack Obama, September 19th 2001:
“Even as I hope for some measure of peace and comfort to the bereaved families, I must also hope that we as a nation draw some measure of wisdom from this tragedy…
“We must also engage, however, in the more difficult task of understanding the sources of such madness. …it grows out of a climate of poverty and ignorance, helplessness and despair.
“We will have to make sure, despite our rage, that any U.S. military action takes into account the lives of innocent civilians abroad. We will have to be unwavering in opposing bigotry or discrimination directed against neighbors and friends of Middle Eastern descent. Finally, we will have to devote far more attention to the monumental task of raising the hopes and prospects of embittered children across the globe-children not just in the Middle East, but also in Africa, Asia, Latin America, Eastern Europe and within our own shores.” – State Senator Barack Obama, September 19th 2001
It should be no surprise then, that Obama and his lackeys, have decided to CHANGE the meaning of 9-11, into a day of Leftist Activism.
• The Speaker of the House, Stretch Pelosi and the other Kapos of the Marxist Mob have called Americans who are protesting ObamaCare, Nazis, and said that they “carry swastikas with them into these town halls”.
We are right now, all Jews, The National Socialists are in charge of the entire government with a charismatic ‘messiah’ leading the way, who hates us and demands to “change” this country – and it’s Krystallnacht, the Brownshirts are out, ready to do their master’s bidding.
History repeats, can you not see the sign of the repeat?
First we have the brazenly Orwellian directive from the Office of Health Reform/Ministry of Truth to contact our friendly snitchboard operator to report any “fishy” communications from our neighbors/political extremists. Then from Pamela Geller’s Atlas Shrugs I learn that the National Guard is now looking for a few good internment/resettlement specialists?
Internment of whom?
I’m moving where?
As if the seeming overnight bankruptcy of our entire country were not enough to rattle our nerves, we have the White House’s apparent confidence that it need not bother fretting over the appearance of totalitarianism. What is it that imbues these people to think that no-one will notice the unsettling parallels they have with unseemly dictators?
It is at about this point that I start trying to reassure myself that this can’t really be as terrifying as it sounds. Then I remember this little clip entailing what Obama’s former SDS friends had in mind for people like me. Many of whom, like Marilyn Katz & Andy Stern, are wandering the halls of the White House today.
Taken separately, the White House’s asking Americans to inform on each other, the apparent creation of a new Military Occupational Specialty (MOS) and the wild-eyed genocidal fantasies of 60’s radicals would probably be enough to disturb anyone. hen taken collectively it becomes the substance from which nightmares are derived.
Let’s re-cap shall we, One, there is now a White House sponsored, “community” driven blacklisting site. Two, we have a freshly created military specialty in our traditionally domestically-oriented National Guard that seems to be tailored towards gulag maintenance and operations. Three, the cherry on top of having subversive elements advising our Dear Leader who had frankly once proposed exactly these same Stalinesque measures including the slaughter of millions of their fellow countrymen!
Boiled down to nuts and bolts it looks something like this;
1) Locate, record and target.
2) Segregate, contain & re-educate.
3) Evaluate, assimilate or eliminate.
Throw in fantasy claims that Obama’s opponents carry swastikas, emanating from the mouth of the person next in line after Vice President Biden in presidential succession.
Fantastical as it seems, and it is. I cannot help but recall the old adage about ducks, so modified a bit, if it sounds like Marx, and acts like Mussolini, it is probably Obama.
That’s a German word that has little resonance in America today. Few remember what the German militia Brownshirts, of the Nazi Party, were outside of the stereotypical use of the term to describe someone who they think is intolerant. Even fewer remember the tactics and purpose Brownshirts served in establishing totalitarian power in a collapsing republic in Germany in the 1920s.
They were the original uniformed thugs Hitler used to organize demonstrations and engender support for the National Socialists and their plans to nationalize the economy and implement a new kind of governance: fascism. Eventually they became street brawlers who dealt with any political opposition to the Nazi ideology. They threatened, intimidated, and assaulted and murdered those who opposed the “change” Hitler was bringing to Germany.
When the Nazis fully gained power in 1933 their strength was about 400,000 and they considered themselves the rival to the German Army. Hitler needed an army of civilian zealots who were as well funded and as powerful as the German army of the time. The Brownshirts were instrumental in the establishment of both the Nazi ideology, and Hitler adoration through fear and intimidation. They became the street muscle the Reich used to thwart and negate any possible opposition to the new change Hitler was bringing to Germany.
Ultimately, the power struggle between the SS, the Army and the Brownshirts resulted in Hitler eventually executing all the leaders of the Brownshirts in what became known as the Night of Long Knives. Once Hitler was fully secured in power and had all his opposition eliminated, there was no need for the Brownshirts and the organization was disbanded.
The similarities between Hitler’s Brownshirts and Obama’s use of ACORN is astounding. Like the Brownshirts of Nazi Germany, ACORN serves to rabble-rouse, intimidate, threaten and bully the political opposition to Obama and the Politburo Democrats that are solidifying their control of the country. In Germany, the Brownshirts were sent to voting places to intimidate and beast up anyone they suspected of not supporting the Nazis. During the election, not only was ACORN charged with intimidation and fraud in some states, a widely seen Youtube video showcased Obama supporting New Black Panthers dressed up in military fatigues carrying nightsticks to intimidate the voters.
A mob of 150 ACORN mobsters stormed the capitol in Albany NY to “protest” and prevent the transfer of power from Democrats to Republicans due to the caucusing of two dissident Democrat Senators with the Republicans, which effectively gives the GOP control of the NY State Senate when certified. As a result of the two Democrats switching “sides” as it were – the ACORN rent-a-mob was dispatched to storm the capitol and intimidate the Senators.
Does anyone remember a mob of Republicans storming the Senate to intimidate Democrats when Arlen Specter or Jim Jeffords jumped to their side? Anyone recall a crush of mobs with pre-printed signs with political talking points accusing them of engaging in a coup de tat??
I didn’t think so. But here – there is zero tolerance for disloyalty to the nazi- er…Democrat Politburo. The State Senate in NY is now shut to prevent the orderly transfer of power as Majority Democrats have closed the chamber to prevent the transfer of power.
Like the Brownshirts, ACORN serves as a kind of political police force for the tyrannical mob seeking to establish total control. Like the Brownshirts in Nazi Germany they are being given greater and greater power to ensure Obama and the Democrat rule is permanent in America. In fact Obama made this promise to them in 2007 – and he is following through on his promise:
Obama has already decided to run the Census out of the White house instead of letting it be conducted out of the Commerce Department that has Congressional oversight. It has been learned that Obama is granting ACORN power to conduct the Census next year. So what you have here is ACORN being used in the exact manner the Brownshirts in Nazi Germany were used to permanently establish the Nazi Party as the ONLY party and ideology allowed in the state.
I fear it will not be long before shoving and spitting in faces is the mildest form of intimidation ACORN uses. And then, the future of America seems destined for the same dictatorship all the other Socialist Utopias ended up with. Ruination and mass death.
In a frightening “Unclassified” Homeland Security Office of Intelligence and Analysis Assessment, coordinated with the FBI – the government declares that “domestic right wing persons” are “terrorists” engaged in “violent radicalization”, “propaganda” and by extension of the assessment, enemies of the United States.
You read that correctly.
“Domestic Terrorists – are classified as Right Wing Extremiststs” and according to this assessment – are “the most dangerous domestic terrorist threat in the United States” according to this report.
Not Al Qaeda.
Not Jihad groups training for martyrdom on 35 U.S. training camps.
Not a nuclear Iran with a madman at the button.
Not a Ballistic missile firing North Korea.
Not Somali Muslim Pirates.
No, none of those things are the greatest threat that faces the United States.
According to this document, the “greatest threat to the United States” is from American citizens who reject the tyranny of the federal government, who advocates states rights, who love personal liberties, or opposes Obama’s Marxist agenda, Abortion and Illegal Immigration – THEY are the threats according to this DHS “For official Use Only” document given to law enforcement.
So history repeats itself and the beginnings of yet another purge of “dissidents” by a government against it’s own people is being crafted.
Stalin had his Ukrainian peasants, Pol Pot had his Western educated intellectuals, and Hitler had his Jews. All groups identified and demonized so that the genocides that followed were accepted and applauded by the populace when totalitarian force was finally applied to eradicate the political opposition to dictatorial Marxist regimes.
So Obama will have his “Right Wing Extremists” as his domestic targets that he is setting up for annihilation by the hand of government and law enforcement.
People like William Ayers, a pal of Obama’s – who actually bombed police stations and killed people while part of the Weather Underground, are celebrated and lofted to educators while anyone who clings to guns and the Christian religion – are to be considered ‘Extremists’ and ‘terrorists’ by government and Law Enforcement.
Here is what the report defines as “Rightwing Extremism”:
Rightwing extremism in the United States can be broadly divided into those groups, movements, and adherents that are primarily hate-oriented (based on hatred of particular religious, racial or ethnic groups), and those that are mainly antigovernment, rejecting federal authority in favor of state or local authority, or rejecting government authority entirely. It may include groups and individuals that are dedicated to a single issue, such as opposition to abortion or immigration.
Whether or not this Assessment is legitimate, or has been leaked – the government and the Left is stoking the greater Conservative Christian Citizens of this nation into anger and provoking them towards violence. Tie this into Bob Basso being called to the White House for his “disturbing” Thomas Paine videos and the mainstream media declaring that the Tea Parties being held across the country this Wednesday – are “dangerous” – and one can clearly see the zeitgeist being created by the government to hate and consider dangerous – a large segment of the American population that disagree with Leftist/Marxist ideology.
Here’s how the media is portraying the Tea Party movement:
The Tea Party movement is an incredibly dangerous concept, fuelled by the usual gushes of sycophantic support from the conservative news media
If the country continues down this dark path, a second Civil War might not just be a cool idea for a sci-fi novel anymore. Can you imagine the potential for chaos if some of these ‘protesters’ decide to exercise the Second Amendment and bring their weapons to these rallies? There’s a thin line between peaceful protest and bloodthirsty patriotic fervor, especially if those protesting are used to being on the side of the mighty status quo.
The Tea Party movement represents a real danger to the tenets of democracy Americans have embraced for centuries.
Let’s break down and look at some of the wording in this “assessment” and discover what they really mean.
Under Scope, the Assessment reads:
This product is one of a series of intelligence assessments published by the Extremism and Radicalization Branch to facilitate a greater understanding of the phenomenon of violent radicalization in the United States. The information is provided to federal, state, local, and tribal counterterrorism and law enforcement officials so they may effectively deter, prevent, preempt, or respond to terrorist attacks against the United States. Federal efforts to influence domestic public opinion must be conducted in an overt and transparent manner, clearly identifying United States Government sponsorship.
So, the government says that they are providing this information about “violent right wing radicals” (anyone who believes in limited government, States Rights, liberty and opposes Obama’s agenda, Abortion and clings to guns or religion) must be detered, preempted, and that we are terrorists whereby the government will influence (read DEMONIZE) public opinion against them in an overt manner.
Under “Key Findings”
The economic downturn and the election of the first African American president present unique drivers for rightwing radicalization and recruitment.
Threats from white supremacist and violent antigovernment groups during 2009 have been largely rhetorical and have not indicated plans to carry out violent acts. Nevertheless, the consequences of a prolonged economic downturn—including real estate foreclosures, unemployment, and an inability to obtain credit—could create a fertile recruiting environment for rightwing extremists and even result in confrontations between such groups and government authorities similar to those in the past.
(U//LES) Rightwing extremists have capitalized on the election of the first African American president, and are focusing their efforts to recruit new members, mobilize existing supporters, and broaden their scope and appeal through propaganda, but they have not yet turned to attack planning.
So, while the government has no evidence that Limbaugh, Hannity, Beck, Levin, Ingrahm, you, me or anyone who is a Conservative that the government now classifies as an “extremist” “terrorist”, it publishes this report because they assume we are an enemy that is soon going to do violence against them.
The possible passage of new restrictions on firearms and the return of military veterans facing significant challenges reintegrating into their communities could lead to the potential emergence of terrorist groups or lone wolf extremists capable of carrying out violent attacks.
Interesting that the government notes ‘possible restrictions on firearms’ and returning vets will create “terrorist groups” or that individuals upset over the same things are just as dangerous – calling them “lone wolves”. These are the assessments of a tyrannical regime, prepping for oppression and genocide, not legitimate governmental concerns.
They continue that thought process here, obviously considering the fact that weapons bans are going to soon become a reality:
Proposed imposition of firearms restrictions and weapons bans likely would attract new members into the ranks of rightwing extremist groups, as well as potentially spur some of them to begin planning and training for violence against the government. The high volume of purchases and stockpiling of weapons and ammunition by rightwing extremists in anticipation of restrictions and bans in some parts of the country continue to be a primary concern to law enforcement.
Do we really need any more evidence that this government regime is a tyranny, classifying an entire segment of the American people as “terrorists”, demonizing them in the eyes of other countrymen and law enforcement? Any American with any love for the Constitution and our inalienable Rights would oppose any firearms bans and restrictions, as they are in violation of the Supreme Law of the Land. However, these cretins assume that everyone who is stocking up on ammo and weapons before Obama’s regime makes good on weapons bans – is now considered an extremist in the eyes of both law enforcement and the government.
I guess the oaths they took mean jack crap to them.
Returning veterans possess combat skills and experience that are attractive to rightwing extremists. DHS/I&A is concerned that rightwing extremists will attempt to recruit and radicalize returning veterans in order to boost their violent capabilities.
Great. Not only is anyone stocking up on arms a threat in the eyes of this regime, veterans of our military are now to be given a suspicious eye.
Under Historical Presidential Election:
Many rightwing extremists are antagonistic toward the new presidential administration and its perceived stance on a range of issues, including immigration and citizenship, the expansion of social programs to minorities, and restrictions on firearms ownership and use. Rightwing extremists are increasingly galvanized by these concerns and leverage them as drivers for recruitment. From the 2008 election timeframe to the present, rightwing extremists have capitalized on related racial and political prejudices in expanded propaganda campaigns, thereby reaching out to a wider audience of potential sympathizers.
Translation: anyone opposing the fuhrer…er- messiah, the president Hussein Obama, or his policies and agenda – is an enemy of the state and probably planning extremist violence.
There you have it. There is his justification for any upcoming Stalinesque brutality and oppression by the state upon it’s own targeted class of people.
I guess if we refuse to “spread our wealth around” as Obama told Joe the Plumber – we can consider ourselves to be a criminal and terrorist in the eyes of this regime usurping the White House.
That’s okay – King George III thought the same thing of the Colonists who voted for Independence too.
We’re in good company.
Under Illegal Immigration:
DHS/I&A assesses that rightwing extremist groups’ frustration over a perceived lack of government action on illegal immigration has the potential to incite individuals or small groups toward violence.
So if you oppose Amnesty for Illegal Aliens in this country who circumvented and broke our laws to be in this country – you are an extremist with potential to incite individuals to violence.
My, my – how the Reds and Marxists love to endear criminals and our enemies to their march to revolution.
Under Legislative and Judicial Drivers:
Many rightwing extremist groups perceive recent gun control legislation as a threat to their right to bear arms and in response have increased weapons and ammunition stockpiling, as well as renewed participation in paramilitary training exercises. Such activity, combined with a heightened level of extremist paranoia, has the potential to facilitate criminal activity and violence.
…On the current front, legislation has been proposed this year requiring mandatory registration of all firearms in the United States….a correlation may exist between the potential passage of gun control legislation and increased hoarding of ammunition, weapons stockpiling, and paramilitary training activities among rightwing extremists.
So if you like your Second Amendment birthrights, and oppose the attempts to infringe upon them by this regime, you are a paranoid extremist with potential to commit crimes and violence in the eyes of this government.
However, if you are a Muslim Jihadist – you can train with firearms and explosives to kill American infidels on 35 U.S. Jihad training camps and this government will demand that they be left alone and not racially profiled or acted against.
But you – YOU, who revere your rights to arms – YOU are an Extremist and Terrorist according to your government – NOT the Jihadists.
Under Lone Wolves and Small Terrorist Cells:
DHS/I&A assesses that lone wolves and small terrorist cells embracing violent rightwing extremist ideology are the most dangerous domestic terrorism threat in the United States. Information from law enforcement and nongovernmental organizations indicates lone wolves and small terrorist cells have shown intent—and, in some cases, the capability—to commit violent acts.
So it’s not just groups like Tea Party organizers, the GOP, Ron Paul Mob Zombies or Talk Radio Audiences – YOU – little ol’ YOU and little ol’ me – are are the MOST DANGEROUS DOMESTIC TERRORISM THREAT IN THE USA. Radical Islamics and Jihadists are not the greatest threat in the eyes of the government and DHS – no – YOU ARE. I AM.
Given the actions of Congress of late, and certain politicians with disdain and contempt for Conservative Americans, the Obama Regime’s plan for Change is really nothing but a Blueprint Pogrom for genocide – of the targeted and selected “Right wing extremist” for demonization – and eventual elimination. But then we warned of this back in October of last year that the Marxists were planning for such a thing.
Of course no one really thinks it could happen here. Which is why it will be so easy for it to succeed.
History always repeats, and these Marxist power-mad demagogues in the government are deadly serious about their intents – as this document attests.
It’s either that, or the regime is stoking the people for a confrontation – which of course Saul Alinsky said was absolutely necessary for a Marxist revolution to be truly successful.
Either way, we live in extremely dangerous times.
So how does it feel to be a dangerous terrorist extremist in the eyes of this regime?
I think it feels like liberty-loving Americanism in the face of despotism to me.
UPDATE 4-14 : Michelle Malkin digging into the legitimacy of this report, confirms THAT IT IS THE REAL DEAL. Obama seeks to criminalize Conservatives and have them declared terrorists.
After trillions in taxpayer debt has been foolishly poured into the bottomless black hole of leftist wealth redistribution programs, under the guise of economic “stimulus” or “stabilization” legislation, the new “ONE World” government running Washington DC announces; Geithner, Bernanke Call for New Wind-Down Powers After AIG… and the people still sit silent as they watch Obamanation grow in unbridled power.
Obamanation has taken the nation from a trillion in debt to over $4 trillion in debt in the first sixty days, with even more federal spending promised, which could put the nation $10 trillion in debt before the 2010 mid-term election cycle. Amnesty for illegals and ACORN led redistricting will make 2010 and beyond a moot point.
Still, beyond the movement to mail tea bags to members of congress or file another legal demand for proof of Obama’s constitutional eligibility for the office he holds, both of which are like whistling in the breeze, the people remain largely silent.
Threatened with a Soup Line Existence
The American people would never trade personal freedom for the false promise of federally redistributed free-stuff under some ill-fated socialist experiment, unless they were first threatened with a soup line existence.
And so it shall be…
50% of their life savings and 30% of their home values have already evaporated into thin air. National unemployment is driving towards double digits as home foreclosures continue to mound.
With their backs against the wall, confused by a daily diet of media manipulated headlines aimed at scaring the public into submission, convinced that our nation’s complex woes demand a solution far too complicated for the average peasant to comprehend, the people find themselves in a state of terminal paralysis.
Incompetent Evil in Charge
The same people responsible for the many disasters now surrounding every American household, were elected in 2006 and 2008 to fix what they broke. Instead of reversing course and placing their faith in the principles of freedom, they are installing more of the same failed entitlement policies that created the problem and they are doing so at a fever pace.
The folks currently in charge of the nation don’t like anything at all about the nation that once was. They have a very different vision for America, one based on redistribution of free-stuff, not equal access to freedom.
At the foundation of personal freedom is the right to make your own decisions, invest and risk your own capital, own your own property and keep that which you are willing to work and sacrifice to earn. It’s called economic freedom, aka capitalism.
But capitalism is public enemy #1 in America today, thanks to decades of class warfare and the art of division via social envy, all for purpose of political gain.
Life, Liberty and the right to individually define and pursue Happiness has been replaced with the right of some to take from others against their will, in the name of a greater common good, better defined as the entitlement mentality.
The Change Agents New World Dictionary
Old concepts have been redefined. Capitalism is now referred to as Fascism. Personal ambition is now called greed. Those who seek access to other people’s rightful earnings are called charitable, and those who demand a right to only that, which they earn, are called greedy.
It isn’t just the words that have new definitions. The concepts have new meaning as a result.
Words like socialism and communism no longer have a negative connotation attached to them. Most Americans have no idea what they are anymore, or why they don’t want to find out the hard way.
The concept of liberal interpretations limits the meaning of words only to one’s individual imagination. The Constitution means only what someone imagines it to mean. If the shoe doesn’t quite fit, a new definition will solve the problem.
What are Americans Waiting For?
I don’t know what it will take to wake up the average American, but whatever it is, it hasn’t happened yet…
The people currently stocking up on food, water, guns and ammo in record numbers, causing shortages in all the above at the retail level, are clearly awake and anticipating something, but what? Meet the “extremists…”
The people still trying to get a court somewhere in America to hear the arguments concerning the most secretive corrupt president in US history, have been awake for a long time. Meet the “birthers…” But they continue to have trouble waking anyone else up, including in the so-called halls of justice.
Is it a bankrupt dollar and a new international currency that will get their attention? – A North American Union? – An ACORN Army on their doorstep? What will be the final straw that breaks the proverbial camel’s back?
I don’t have the answer… Frankly, I expected the people to revolt long before now. Clearly, I had underestimated the depth of apathy and tolerance for anti-American nonsense in the average modern American. But then, so did our nation’s founders, whom I’m certain are rolling over in their graves in disgust by now.
The Silent Consent Continues
Nobody knows for how long or at what expense, but so far, the people remain silent and Washington continues to profitably interpret that silence as broad-based consent.
At this late date, I have no idea what will wake up the average American or how they might react once finally awake and ready to engage in self-governance. However, I am sure about two things…
When they finally do awake, they are going to be really angry…
And, the anti-American left won’t let up until then…
The clock isn’t just ticking. Time has already run out as of the 2008 election. Washington DC is currently dismantling America, individual right by individual right, in an unprecedented massive multi-faceted assault on all things American.
You will not be able to take your country back without putting these two organizations out of business. The longer you wait, the tougher the battle, the higher the price.
Clearly, the organizational skills of the average American are equal only to that of the stumbling bumbling Republican Party. Fragmented, distracted and disorganized, the people are no match for the leftist juggernaut running roughshod in DC.
The people are lost, so they are losing… The most complex problems require the simplest of solutions. But the average American is so baffled by a daily diet of elitist B.S., that they cannot even see daylight…
A Socialist Agenda of Saul Alinsky Is Being Waged by Obama and the Democrats
“We are the hungry ones. Your torments call us like dogs in the night, and we’re to feed and feed well. We stuff ourselves on other people’s nightmares and butter our plain bread with delicious pain…We suck that misery and find it sweet. We search for more, always” – Mr. Dark,Ray Bradbury’s Something Wicked This Way Comes
We are moving so fast towards a Marxist tyranny, we cannot keep up with everything that is happening and being proposed and imposed.
Just today, during the signing of Porkulus in Denver – Obama stated that we will have “smart meters” put on all our homes – to ‘monitor’ our energy use, in which he lied boldfaced about the intent of such a device. It is NOT to cut our energy costs or cut down on power outages – but it is a device to meter and document WHEN and HOW you use that energy, and to report it to the government for taxation.
Obama said that he will be launching “other” aspects of an ambitious plan to ‘change’ the country.
Roger King from the Canada Free Press documents the Marxist agenda of the first few weeks of this regime we will suffer under.
Barack Obama’s has been in power for about a month but his promise of “change” appears to be more than just a liberal agenda. Not only is it becoming apparent that the economic crisis is being used to push a socialist agenda that would make Sol Alinsky proud but there are some very disturbing signs how the Democratic plan to win subsequent elections.
Obama campaigned on a message of “hope over fear” but his current rhetoric talks about a crisis of catastrophic scope if the bailout bill isn’t passed immediately. What makes this suspicious is the fact CBO states most of the bill will only take effect at the end of 2010 and will actually hurt our gross national product over the following 10 years. Its apparent president Obama used this bill to accomplish things that would have been much harder to pass on their own merit.
Religious discrimination: Buried in the bill is a section that bans religious activities in many public education buildings. Further, there are upgrades to the national school systems but they are prohibited where religious activates may occur. Democrats voted 43-54 against an amendment to strike from the economic stimulus bill language that discriminates against people of faith.
Universal Health Care: The outline for Universal Health care will be put in place through this bill. In mandating a computer system for all medical records, every person will be mandated to have their records recorded in Federal DB.
A National Coordinator of Health Information Technology is going to be created to monitor this system. This outline will likely be used to track treatments to make sure your doctor is doing what the federal government deems appropriate and cost effective. Hospitals and doctors that are not “meaningful users” of the new system will face penalties.
ACORN: Potentially up to $4 billion for radical groups like ACORN will be dispersed. ACORN is a radical socialist group that helped the housing bust by pushing banks into making bad loans and is accused of voter fraud in over 6 states. This group openly supports the Democrats and their tactics were learned through Sol Alinsky teachings. Obama even taught these classes to ACORN in his Chicago days.
Open Ended Welfare Returns: The bill sets in motion another $523 billion in new welfare spending that is hidden by budgetary gimmicks. Although this bill pretends that most of its welfare benefit increases will lapse after two years, the intend for most of these increases to become permanent. Instead of Welfare ending for recipients in 5 years that was done during the Clinton administration, now welfare entitlements will be open ended.
TARP Funds to Control Business
TARP funds have been used to buy stock in banks and financial institutions which essentially is the government buying ownership stakes in these companies. The question is will the government keep this ownership and for how long. President Obama has also decided to limit the executive pay to no more than $500, 000 per year for those companies that receive the bailouts. Of course they say these are only temporary measures but no end date has been given. To top it off Barney Frank is proposing that the government regulate the pay for all executives but for some reason not for lawyers or the Hollywood elite.
In the first session of Congress the liberals introduced H.R. 45 (Blair Holt’s Firearm Licensing and Record of Sale Act of 2009). This bill targets anyone who owns a gun by requiring them to register all guns within 2 years. Every 5 years the gun owners much go through a renewal process for each gun they own. Failure to comply with these rules carry heavy penalties jail time and loosing your guns. Probably the worst provision authorizes government searches without warrants. A new federal bureaucracy will be created to monitor this process. Do you really expect the liberal elites to allow automatic gun renewal?
Silencing The Media
To anyone but the most ardent liberal, its quite apparent that the majority of the media is blatantly supporting Obama’s ever action. The revelation that for 17 years Rahm Emmanuel (Obama’s Chief of Staff), George Stephanopoulos (ABC News), James Carville and Paul Begala (CNN) have had daily hour long calls that have continued into the Obama administration is but one example. Even though CNN is selling Obama shirts they will tell you they are not bias. Actions by the Obama administration have made it quite apparent to the media you are either with Obama or you will systematically be silenced.
For those that don’t follow “the program”, you will be punished. For example, during the election the Washington Times, Fox News, N.Y. Post and Dallas Morning News got kicked off the Obama’s plane. It wasn’t lost on the press that all these groups were McCain supporters. During press conferences Obama preselects who will be called to ask questions. Ask the wrong questions and you won’t get picked again. Again this isn’t lost on the adoring press.
Using one of Sol Alinsky’s sayings “Pick the target, freeze it, personalize it, and polarize it.”, President Obama told Republican’s “You can’t just listen to Rush Limbaugh and get things done.” Although so far President Obama has claimed he doesn’t want a fairness doctrine, there is a growing push to bring back some form of the “Fairness Doctrine”.
Obama has already talked about wanting more minority ownership and requiring broadcasters to operate “in the public interest” which will be over see by government or community groups. To add to the pressure shortening licensing terms will make it more likely owner will just abandon talk radio. The House Energy and Commerce Committee is also looking into policies that would allow it greater internet oversight.
The census taking is supposed to be ruled in a bipartisan manner. However, the Obama administration is attempting to move the execution of the U.S. Census from the Department of Commerce to the White House under Rob Emanuel’s control. This is totally unprecedented and against federal law. Sen. Judd Gregg withdrew his name from consideration as Sec. of Commerce in large part because of this action.
So what is the problem with having the White House running the Census? The census results drive how welfare and aid to states is distributed. Further congressional seats per state and the electoral college changes with these results.
Instead of having the normal direct count, Robe Emanuel wants to estimate numbers instead of an actual count for minority groups. To make matters even more interesting, under the White House direction there would be less requirements for openness as to the process that was used to arrive at the census results. Talk about the potential for major gerrymandering that could bring a windfall of new Democrat votes.
Illegal Immigrates Getting Amnesty
Once again there is an immigration bill working its way through Congress. It would give Illegal Aliens 24 hour to get access with their lawyers paid with tax payer dollars. Temporary Visa can be renewed indefinitely. Tax payer money would also go to Mexico to have their . Illegal Aliens won’t have to pay back taxes but will get tax credits. North American Union will be fast tracked. In state tuition to college will always apply.
When our country is in such a bad recession, why would you want new citizens that inherently use over twice tax money than they play? Why would we want more workers in our country when unemployment is over 7%? Again they overwhelmingly vote Democratic.
District of Columbia to have Congressional Votes
Democrats want to give full representative to District of Columbia thereby giving them two senators and a representative for the House of Representatives. Since only states have this ability, Congress will pass a law giving the District of Columbia “the functional equivalent of a state”. On February 11, 2009 a senate committee passed this very bill and will be voted on by all members in the coming weeks. You would be right if you guessed that the District of Columbia would vote Democratic?
Civilian Expeditionary Workforce
While on the campaign trail Barack Obama said “We cannot continue to rely on our military in order to achieve the national security objectives we’ve set. We’ve got to have a civilian national security force that’s just as powerful, just as strong, just as well-funded.” You Tube Link
Now, the Defense Department has established just such a “Civilian Expeditionary Workforce” (Defense Department Directive 1404.10) that will see American civilians trained and equipped to deploy overseas in support of worldwide military missions.Link According to a Defense Department report the intent of this program “is to maximize the use of the civilian workforce to allow military personnel to be fully utilized for operational requirements,”
Is this an initial step towards fulfilling president Obama’s promise to form a civilian national security force as powerful as the U.S. military? Will this “Civilian Expeditionary Workforce” ever be used in the US? Will we see “youth brigades” roaming the streets to protect us? We will have to keep a close eye on this.
Except It Will Not Be The Change You Were Promised or Expecting.
I am a student of history. Professionally. I have written 15 books in six languages, and have studied it all my life. I think there is something monumentally large afoot, and I do not believe it is just a banking crisis, or a mortgage crisis, or a credit crisis. Yes these exist, but they are merely single facets on a very large gemstone that is only now coming into a sharper focus.
Something of historic proportions is happening. I can sense it because I know how it feels, smells, what it looks like, and how people react to it. Yes, a perfect storm may be brewing, but there is something happening within our country that has been evolving for about ten – fifteen years. The pace has dramatically quickened in the past two.
We demand and then codify into law the requirement that our banks make massive loans to people we know they can never pay back? Why?
We learn just days ago that the Federal Reserve, which has little or no real oversight by anyone, has “loaned” two trillion dollars (that is $2,000,000,000,000) over the past few months, but will not tell us to whom or why or disclose the terms. That is our money. Yours and mine. And that is three times the 700B we all argued about so strenuously just this past September. Who has this money? Why do they have it? Why are the terms unavailable to us? Who asked for it? Who authorized it? I thought this was a government of “we the people,” who loaned our powers to our elected leaders. Apparently not.
We have spent two or more decades intentionally de-industrializing our economy. Why?
We have intentionally dumbed down our schools, ignored our history, and no longer teach our founding documents, why we are exceptional, and why we are worth preserving. Students by and large cannot write, think critically, read, or articulate. Parents are not revolting, teachers are not picketing, school boards continue to back mediocrity. Why?
We have now established the precedent of protesting every close election (now violently in California over a proposition that is so controversial that it wants marriage to remain between one man and one woman. Did you ever think such a thing possible just a decade ago?).
We have corrupted our sacred political process by allowing unelected judges to write laws that radically change our way of life, and then mainstream Marxist groups like ACORN and others to turn our voting system into a banana republic. To what purpose?
Now our mortgage industry is collapsing, housing prices are in free fall, major industries are failing, our banking system is on the verge of collapse, social security is nearly bankrupt, as is medicare and our entire government, our education system is worse than a joke (I teach college and know precisely what I am talking about)–the list is staggering in its length, breadth, and depth. It is potentially 1929 x ten. And we are at war with an enemy we cannot name for fear of offending people of the same religion, who cannot wait to slit the throats of your children if they have the opportunity to do so.
And now we have elected a man no one knows anything about, who has never run so much as a Dairy Queen, let alone a town as big as Wasilla, Alaska. All of his associations and alliances are with real radicals in their chosen fields of employment, and everything we learn about him, drip by drip, is unsettling if not downright scary (Surely you have heard him speak about his idea to create and fund a mandatory civilian defense force stronger than our military for use inside our borders?
No? Oh of course. The media would never play that for you over and over and then demand he answer it. Sarah Palin’s pregnant daughter and $150,000 wardrobe is more imporant.)
Mr. Obama’s winning platform can be boiled down to one word: change.
I have never been so afraid for my country and for my children as I am now.
This man campaigned on bringing people together, something he has never, ever done in his professional life. In my assessment, Obama will divide us along philosophical lines, push us apart, and then try to realign the pieces into a new and different power structure. Change is indeed coming. And when it comes, you will never see the same nation again.
And that is only the beginning.
And I thought I would never be able to experience what the ordinary, moral German felt in the mid-1930s. In those times, the savior was a former smooth-talking rabble-rouser from the streets, about whom the average German knew next to nothing. What they did know was that he was associated with groups that shouted, shoved, and pushed around people with whom they disagreed; he edged his way onto the political stage through great oratory and promises. Economic times were tough, people were losing jobs, and he was a great speaker. And he smiled and waved a lot. And people, even newspapers, were afraid to speak out for fear that his “brown shirts” would bully them into submission. And then, he was duly elected to office, a full-throttled economic crisis at hand [the Great Depression]. Slowly but surely he seized the controls of government power, department by department, person by person, bureaucracy by bureaucracy.
The kids joined a Youth Movement in his name, where they were taught what to think. How did he get the people on his side? He did it promising jobs to the jobless, money to the moneyless, and goodies for the military-industrial complex. He did it by indoctrinating the children, advocating gun control, health care for all, better wages, better jobs, and promising to re-instill pride once again in the country, across Europe, and across the world.
He did it with a compliant media–did you know that? And he did this all in the name of justice and . . . change. And the people surely got what they voted for.
(Look it up if you think I am exaggerating.)
Read your history books. Many people objected in 1933 and were shouted down, called names, laughed at, and made fun of. When Winston Churchill pointed out the obvious in the late 1930s while seated in the House of Lords in England (he was not yet Prime Minister), he was booed into his seat and called a crazy troublemaker. He was right, though.
Don’t forget that Germany was the most educated, cultured country in Europe. It was full of music, art, museums, hospitals, laboratories, and universities. And in less than six years–a shorter time span than just two terms of the U. S. presidency–it was rounding up its own citizens, killing others, abrogating its laws, turning children against parents, and neighbors against neighbors. All with the best of intentions, of course. The road to Hell is paved with them.
As a practical thinker, one not overly prone to emotional decisions, I have a choice: I can either believe what the objective pieces of evidence tell me (even if they make me cringe with disgust); I can believe what history is shouting to me from across the chasm of seven decades; or I can hope I am wrong by closing my eyes, having another latte, and ignoring what is transpiring around me.
Some people scoff at me, others laugh, or think I am foolish, naive, or both. Perhaps I am. But I have never been afraid to look people in the eye and tell them exactly what I believe–and why I believe it.
I do not think I have heard or read a more cogent explanation of the collapse into Fascism we witnessed this week than Talk Show host and Constitutional Lawyer Mark Levin.
On Friday evening’s show, Mark outlined in vivid detail the chronology of where all these risky loans and bad debt that crashed the big investment banks on Wall Street originated. Mark then goes on to showcase that the very people who created the mess are LYING THROUGH THEIR TEETH to blame Capitalism or Bush for their dirty work.
The show was so informative that I spent most of last night transcribing most of the first hour for readers.
This is informative to know, so that when you read these Leftists in Congress blame you and me and Bush and the GOP – for this mess that THEY helped create, we might someday hold these vermin accountable.
September 2008 will be remembered as the time when Socialism really, really took hold in this country.
Unfortunately these politicians are running for the hills because they do not want to take responsibility for what is going on, and I mean BIG TIME.
So I want to tell you a little story about your government; I want to tell you a little story about how it works and doesn’t work. I want to tell you a little story about how things go on in the shadows in this country and the massive bureaucracies of this country that you don’t know about, and yet they affect your lives every single day.
We have a massive Administrative State….and we have this massive bureaucracy, that’s utterly unelected, and unaffected by what you want or what you believe. It’s part of the Washington elite management system that controls so much of what goes on in this country.
…And I want to tell you a little bit about how the liberals in government whether they be elected or appointed, whether they be bureaucrats or politicians, how they work together and bring us to this point. And then tell YOU the problem is free markets, the problem is Capitalism, the problem is greed.
The Community Reinvestment Act, or CRA – is a federal law that requires banks and thrifts to offer credit throughout their entire market area. And it prohibits them from NOT giving loans to poorer areas within the reach of their communities. They call this redlining. They call violations of this redlining.
The purpose of this Act is to provide credit, including home ownership opportunities to what they call “under-served populations” and commercial loans to small businesses.
The law was passed by Congress in 1977 under Carter as a result of national grassroots pressure from groups like ACORN (an ultra-Left wing criminal enterprise in my humble opinion) which brought pressure for affordable housing for the poor. It was opposed significantly and aggressively by the banking community. But they had no choice. It became law 31 years ago.
The law mandates that “each banking institution be evaluated to determine if it has met the credit needs of it’s entire community” – that is, if it has given loans to enough poor people, or people who can’t really afford them.
And then that record is taken into account by the federal government when it considers an institution’s application for mergers and acquisitions.
And so the law is enforced by the federal government and in 1995, as a result of interest from Bill Clinton’s Administration – particularly Janet Reno and the Department of Housing and Urban Development, the implementing regulations for the law were strengthened by focusing the financial regulator’s attention on institution’s performance in helping to meet community credit needs.
So they really, really pushed them. They used the FORCE OF LAW to compel these private institutions to make bad loans.
These changes were very controversial.
…The Clinton Administration’s regulatory revisions with an effective starting date of January 31 1995, were credited with substantially increasing the number and aggregate amount of loans to small businesses and to low and moderate income borrowers for home loans. Clinton used to brag about this.
Part of the increase in home loans was due to increased efficiency in the genesis of lenders like Countrywide that DID NOT mitigate loan risk with savings deposits, which traditional banks do. They were using the new SUBPRIME AUTHORIZATION, of 1995. Are you listening to me? This is known as the secondary market for mortgage loans. The revisions in the law allowed the securitization of CRA loans containing subprime mortgages. In other words, they had to figure out how to give loans to people who do not qualify for the loans under traditional procedures. So they changed the procedures.
The loans were not capitalized. So you have No Down Payment loans, No Interest loans, Low Interest loans that turn into higher interest loans over time (ARMs), and on and on. They were trying to be creative in what they could do, and they HAD TO BE under the threat of losing business practices and activities as compelled by the Federal Government.
The Federal Government compelled this activity and compelled this behavior.
The first securitization of CRA loans, started in 1997 with Bear Stearns (remember them?)
Now in 2003, The Bush Administration recommended what the New York Slimes (Times) called “The most significant regulatory overhaul in the Housing Financial Industry since the Savings and Loan crisis a decade ago”. This change was to move governmental supervision of two of the primary agents guaranteeing subprime loans; Fannie Mae and Freddie Mac, under a wholly new agency created within the Department of Justice, which would give it more oversight power and more auditing power. It would require these two so-called “companies” to better capitalize their debt.
Even so, what remained was the implied guarantee that the American taxpayer, should anything go wrong, would back-up these loans.
But that legislation to strengthen these programs, to move the oversight to an independent separate agency WAS BLOCKED in 2003 by Congress. And it was blocked by the Democrats, because the Democrats were in bed with ACORN and these other “community activists grassroots groups”, of whom Barrack The Hussein Obama is quite familiar.
These are the constituents of the Democrat party – that is these Left wing groups like ACORN.
(Barney) Frank (D-MA) was in bed with them; Chris Dodd (D-CT) was in bed with them; the Clinton Administration was in bed with them; and so they blocked the reforms the Bush Administration proposed in 2003.
Barney Frank said at the time “These two entities Fannie Mae and Freddie Mac, are NOT FACING ANY KIND OF FINANCIAL CRISIS. The more people exaggerate these problems…the more pressure there is on these companies, the less we will see in terms of affordable housing”.
So basically, the Socialists FORCED the private sector to behave in ways the private sector didn’t want to behave but was forced to behave under threat of law. That is to give loans to people who were bad risks.
The two government run companies; Fannie Mae and Freddie Mac, when the Bush Administration said in ’03 “Look we got a problem here. They don’t have enough capital, they’re running wild over there. We don’t have enough oversight and auditing activity. We want to break out that activity – make it independent so they can oversee it. Force them to capitalize against their loans better”. They were BLOCKED.
Now I don’t know about people who say we can’t talk about party (blame) – We HAVE TO TALK ABOUT PARTY HERE because the only way you have accountability, and the only way you fix this situation, is to know WHO and WHAT is responsible, and what policies got us here!
Now these policies encouraged the development of the sub-prime debacle, through this CRA legislation, which forced banks to lend to uncreditworthy customers. Which they are now being criticized for having done. Before this debacle, while they are now attacking these huge financial institutions – they would praise them for all the uncreditworthy risky loans they were giving to ‘certain’ citizens (and non-citizens) in this country!
In 2003, the NY Slimes said of the Bush Administration’s plan “The plan is an acknowledgment by the Administration that oversight of Fannie Mae and Freddie Mac, which together have issued more than 1.5 trillion in outstanding debt, is broken”.
Former Treasury Secretary John Snowe from the Bush Administration, 2003 – “There is a general recognition, that the supervisory system for housing-related government-sponsored enterprise neither has the tools nor the stature, to deal effectively with the current size, complexity and importance of these enterprises.”
Michael Oxley, Republican from Ohio, former House Finance Services Committee Chairman, he said: “The current regulator does not have the tools or the mandate to adequately regulate these enterprises. In recent months, we have seen the mismanagement and questionable accounting practices went largely unnoticed”.
The Senate Republican Policy Committee, the Conservatives warned in 2003, that Fannie Mae and Freddie Mac threatened the U.S. economy and taxpayer “Although both firms seem to be performing well at the moment, it is far better for Congress to take pre-emptive action, instead of facing an enormously expensive corrective action after a destabilizing crisis strikes. Given how large these government companies have grown, and how much interest rate risk they retain, the risks posed by their current operations, should move Congress to increase their disclosure requirements, improve safety and soundness regulations, and examine how best to extricate the Federal Government from their operations. And through such steps, Congress could give regulators and investors a better sense of the risks that Fannie and Freddie’s operations pose and reduce the likelihood of a bailout.”
That was the Conservative Republican Policy Committee, Conservative Republican Senators.
What did the Democrats say? What did they say in 2003?
When the Bush Administration in 2003 was in fact, ringing the alarm bells, and did in-fact draft proposed legislation to address this, Republicans supported it and Democrats blocked it.
“These two entities Fannie Mae and Freddie Mac, are NOT FACING ANY KIND OF FINANCIAL CRISIS. The more people exaggerate these problems…the more pressure there is on these companies, the less we will see in terms of affordable housing”. – Barney Frank, 2003 (D-MA)
He told the AP a few weeks later: “I don’t think we face a crisis. I don’t think we have an impending disaster.”
In 2004 Frank said “I think Wall Street will get over it”, referring to the possible collapse of Fannie Mae and Freddie Mac.
In 2005, the Republicans in Congress offered legislation to basically do what the Bush Administration had proposed two years earlier, and here’s what the Democrat Minority Leader in the Senate Harry Reid had to say: “The legislation from the Senate Banking Committee passed today on a party-line vote by the Republican majority, includes measures that could cripple the ability of Fannie Mae and Freddie Mac to carry out their mission of expanding home ownership. While I favor approving oversight by our federal housing regulators, to ensure safety and soundness, we cannot pass legislation that could limit Americans from owning homes and potentially harm our economy in the process”. That was UPI quoting Harry Reid in July ’05.
This by the way is the same reason they won’t address the other looming disasters like Social Security, Medicare and Medicaid. They just won’t do it. Until we’re on the brink.
As recently as August 16, 2007 – a little over a year ago – Schumer and Dodd, the Chairman of the Banking Committee, called on Fannie Mae and Freddie Mac regulators TO LIFT THE PORTFOLIO CAPS SO THEY COULD GIVE OUT MORE LOANS, to MORE people. They argued that allowing the two firms to buy more mortgages, and we’re talking about these sub-prime mortgages, “at least temporarily” they said, “would inject much liquidity into the market and calm the financial markets.”
That’s what we’re talking about.
In November 2006, Schumer in an Op-Ed in the Wall Street Journal with New York Mayor Michael Bloomberg: “With the benefit of hindsight, the Sarbanes-Oxley Act of 2002, which imposed a new regulatory framework on all public companies doing business in the U.S., also needs to be re-examined. Since its passage, auditing expenses for companies doing business in the U.S. have grown far beyond anything Congress had anticipated. Of course, we must not in any way diminish our ability to detect corporate fraud and protect investors. But there appears to be a worrisome trend of corporate leaders focusing inordinate time on compliance minutiae rather than innovative strategies for growth, for fear of facing personal financial penalties from overzealous regulators.”
They were arguing for REDUCING the regulations that had been passed after Enron!!!!
…We will be paying for all of this now and down the road because of Socialism. That’s what I am trying to explain. That’s why I am taking the time to slog though this. Because it all sounds so foreign – because it has all been going on, behind the curtain. So we really haven’t been aware of it. It’s like Illegal Immigration, been going on for 45 years, they have been passing these laws, and we really haven;t been aware of it. We’re aware of it now, because we are on the hook for it.
What Chuck Schumer wrote in the WSJ Op-Ed in November 2006, is not what Chuck Schumer says today. Here’s what he said on the senate floor
“8 years of de-regulatory zeal by the Bush Administration, an attitude of “The market can do no wrong” have led us down the short path to economic recession. From the unregulated mortgage brokers, to the opaque credit default swaps market, to aggressive Short Sellers who were driving down the price of even healthy financial institutions based on innuendo, this Administration has failed to take the steps necessary to protect both Main Street and Wall Street”.
There may not be a silver bullet to fix what is currently dragging down the economy, but we can take steps to mitigate the costs and make sure that the impact of this crisis will be short-term. ” – Schumer, (D-NY)
See, our nation would be far better off without charlatans like Chuck Schumer. We have you dead to rights here Chuck. We have you in writing where you demanded LESS regulation and less oversight. So the fact you go to the senate floor and spew your talking points doesn’t work here.
We have you Barney – we have you dead to rights too. You’re a liar. You fought the reforms the Administration tried to put in place in 2005.
Yet Frank had this to say today:
“The fundamental issue is we have got to put an end to this situation in which there is no sensible regulation, and irresponsible individuals in the private market, or unwise individuals in the private market can incur the kind of risks that put us in a threatening situation,” said House Financial Services Committee Chairman, Barney Frank.
He’s a liar.
Now Barrack Obama, Obama is allied with radical groups like ACORN. These radical Left wing front groups like ACORN which pushed hard for the legislation that Carter put in place – the CRA forcing private financial institutions to make the riskiest of loans.
We have the Clinton Administration dead to rights – including Janet Reno, who insisted that these banks and financial institutions would not be able to survive and expand unless they took a certain amount of their assets and applied them to the riskiest of loans. That’s what they created in 1995 with this sub-prime market – of zero down loans. They were trying to come up with packages so they could meet their federal requirements. And they did.
Then step in the two government-run entities, Fannie and Freddie – and they are buying up these loans from the private sector as far as they can. Now that doesn’t promote home ownership, yet that is what they were in existence to do. So why were they buying up these risky loans?? Because they appeared as assets on their books, even though they weren’t. And the more assets they had, the bigger the bonuses for Franklin Raines, and Jamie Gorelick, and Jim Johnson – these three who are Obama’s ECONOMIC ADVISORS – that’s why they bought them up. It was in their OWN self-interest!!
This corrosive cronyism, has spread throughout the financial institutions in this country. That’s why they are hustling to fix it! Their fingerprints are all over this dammit! Don’t you see???!!! This wasn’t the private sector that did this, this wasn’t any individual company that did this, this is institutionalized corruption – we call it Socialism!!! Every effort to address it by the Bush Administration in ’03, by the Republicans in ’05, was rejected. Rejected by Chris Dodd, rejected by Chuck Schumer, rejected Barney Frank, rejected by Nancy Pelosi and Harry Reid. This is why I rail against this! This is why I rail against the Left and the Socialists.
This isn’t a joke! This is real life!
And now, over the weekend, the Treasury Secretary – who is a Liberal Democrat, and a Friend of Schumer’s – has a plan that sticks us with a bill of over 1 TRILLION dollars!
We’re nationalizing businesses, we’re subsidizing businesses, now we’re going to create a 1 trillion dollar trust??
Look what your government has done!!!!!! They have dragged us to the precipice!
You and I weren’t overseeing Freddie and Fannie – you and I had nothing to do with this CRA law – with all these Left Wing grassroots groups – or forcing banks and thrifts to cough up money for risky loans – we had nothing to do with this!
This is what goes on behind the scenes.
“Oh it’s Capitalism and Free Markets that are the cause” – no it’s not – THAT’S the problem!
What kind of a businessman gives a loan to someone who cannot pay it back unless they have a gun to their head???
…So all this crap that is out there – all these bad loans that are out there – they are going to pass them off into this fund, so every business out there that is loaded with these is going to dump them on you and me – the American taxpayer. To save those businesses. And by the way, those businesses – in many cases were forced to make these crap loans by the very people who are going to save us!!!
Senate Banking Committee Chairman Chris Dodd (D-Conn.) said on ABC’s “Good Morning America” said lawmakers were told last night “that we’re literally maybe days away from a complete meltdown of our financial system, with all the implications, here at home and globally.”
Why is Chris Dodd still chairman of the banking Committee?? Why isn’t he spooning out slop at some federal prison? Why isn’t he in charge of the soap at some Federal prison?
“What you heard last evening is one of those rare moments — certainly rare in my experience here — was that Democrats and Republicans decided we needed to work together, quickly,” Dodd said.
Funny how they want to work quickly to fix it now – but refused to do so in 2003 and 2005 BEFORE this collapse was triggered.
“Congressional leaders tell Politico that to expedite the rescue, Treasury plans to seek additional authority rather than creating a new entity. The plan involves buying up hundreds of billions of dollars in bad mortgages to take them off the books of financial institutions that otherwise might fail”.
…Yeah let’s hurry up (and fix this) let’s set this thing up before the American people figure out what’s going on. Let’s set it up – because as all the experts keep telling us, “this is just too big to fail!” That’s too big and this is too big – we have to nationalize everything! That’ll fix it! That’s because we know that whatever the government does is okay and whatever the private sector does is horrific.