cra (8)

 

 

 

How to Destroy America in 13 Lessons

 

            If you were an enemy of the U.S.A wanting to deliberately undermine the nation’s economy, and weaken this country, how would you most effectively carry out your hostile mission while avoiding detection?  How would you carry out your nefarious plans?  Your first goal would be to raise the nation’s joblessness.  You’d have to create statistics that actually hid the devastating size of the true numbers behind gobblygook B.S. statistics so people saw 9% unemployment when the true figure was almost double that. Most importantly, you dramatically increased the size and scope of government to strangle the free enterprise system with taxation, burdensome regulations, unnecessary environmental restrictions and wild uncertainty about the future.  Now the ball’s rolling, what next?   Follow this 13-step roadmap: 

1)  Attack corporate profits and rich individuals every chance you get casting them as enemies of “the 99%.”  Forget mentioning that living standards for everyone rise when corporations make profits and entrepreneurs are successful.  Give us the highest corporate taxes in the world, driving companies anywhere but America and making us uncompetitive with economies like China’s.

2)  Refuse to call spades, “spades.”  So when the nation’s UNfunded liabilities and national debt reach $116 TRillion and $15 TRillion respectively, hide the looming economic Armageddon behind talk about “putting the burden on the elderly, the poor, the middle class” (the very people who would be MOST helped by reforming Social Security, Medicare, and the federal side of Medicaid) and covering up the fact that you are bankrupting the nation and putting the burden on our children and grandchildren.

3)  Promise to “make electricity prices skyrocket” and drive energy costs like gasoline and heating oil dramatically higher with an “energy” program that emphasizes conservation over production.  Deliberately seek to drive the coal industry (47% of our present energy) bankrupt.  To think the people you’re driving to the unemployment lines happy extend their benefits, they’ll never know you cost them their jobs.

4)  Because no one can be against a clean environment, safe working conditions, and protecting consumers . . . let’s employ a hyper-active program of safety and regulation and ecology carried to ridiculous extremes.  Demand changes in every damn thing possible thus escalating the cost of doing business and cutting production.  People are so dumb they'll never connect the dots, will they?

5)  Double-down on the environment.  Stop irrigation in the nation’s vegetable basket and drive unemployment sky high in Central California.  Close down jobs to protect strange mice, tiny fish and spotted owls knowing that long before men were around Mother Nature had already made 99.99999% of all species extinct without any help from man; and since the 15th Century, Mother Nature eliminated 99.996% of all species that died out again without man’s help.  Let’s get that last ¼ of 1% of pollution and kill another 100,000 jobs by all means. 

6)  Drive jobs out of right-to-work states and out of the United States altogether by coddling the unions and their stranglehold upon the workplace.  Emphasize workers rights and never mention what it does to the taxpayer.

7)  Get the young attacking capitalism by raising the minimum wage ceaselessly.  Once the minimum wage is high enough who’s going to hire them?   Of course that and outrageous union demands; and outrageous payment and benefits for government workers at all levels will make us totally uncompetitive in the world markets driving unemployment higher and corporate profits far lower.   The young won’t like “zero dollar non-jobs” and they’ll attack Wall Street and corporations never realizing you “done them in,” you caring rascal you.

8) Ignore the U.S. Constitution and vastly expand the scope and power to foul things up of the Washington bureaucracy.  Require industries to meet certain standards like 35 mpg for the automotive fleets and then destroy perfectly good used cars giving “cash for clunkers.”  Never mention that now that used car shoppers are paying an average of $2,100 more and that the ecological impact of the program was devastating.  Never mention that so-called hybrid cars are five times harder on the environment than regular ICE (internal combustion engine) cars are . . . and that for environmental reasons all these hybrid jobs are now in Canada. 

9)  Dramatically increase SNAP (food stamps) and other welfare programs and extend jobless benefit durations to 380% of their former weekly limits (26 to 99 weeks) and make it “nonsensical” to take lower level work rather than getting paid to stay at home.   Who wouldn’t reject a job at $10 per hour if staying home nets you $9 per?

10)  Raise the inheritance or “death” tax so that family farms and businesses must be sold to pay taxes; and give no support for new investment (keep taxes high all around) because the voters will believe whatever nonsense you’ll tell them about slower growth, reduced industrial capacity, and lowered need for new workers . . . the more they complain they more likely you’ll be able to sell them on the next wave of government interference and spending boondoggles you’ve got up your sleeve.

11)  When the downturns come, as they must, blame them on the “Free Market” that you’ve been so effectively garroting for the last 46 years (since LBJ with kudos to Carter, Obama and G.W. Bush) and apply even more restrictions upon business.

12)  Never let on that all the government’s major decisions for almost half a century have caused the debt and UNfunded liabilities crisis that is on the verge of making the dollar of today worth six cents in 1964 buying power.

13)  Never let on that promising voters everything in accord you’re your “nanny-state” mission is the underlying cause of the recent collapse and that you, you progressive politician, you are behind it all:

            a)  That the near-depression of 1973-74 and the bankruptcy and bail out of New York City in 1975 were the result of Cloward-Piven strategies that doubled the nation’s welfare rolls from eight to sixteen million recipients courtesy of C-P’s National Welfare Rights Organization and their Saul Alinsky street theater tactics.

            b)  That the architects of that collapse were the architects of ACORN which took advantage of Jimmy Carter’s Community Reinvestment Act of 1977 (CRA '77) and four expansions by Bill Clinton (three legislative and one regulatory edict expansions of CRA '77) to FORCE banks and mortgage companies for three decades to knowingly make stupid loans to unqualified home buyers without jobs; without credit; whose only “income” was food stamps; and even to illegal aliens.

            c)  Never admit that the cheerleaders while all this was going on (and while one of our major parties was selling out to the progressive-left) was CPUSA, the Communist party.

            d)  Never admit that the biggest funder of our current president; of “Occupy Wall Street”; and of several major progressive foundations (e.g. Code Pink; Tides Foundation etc. which are also funding the President and Occupy Wall Street) is octogenarian George Soros, the money-manipulator and currency dealer known as “the man who broke the bank of England” (and five other currencies) and that George Soros the world’s 6th largest man looks to become the world’s far and away richest man when, not if, the dollar collapses.

e)  Never admit that the elephant in the room while all this was going on in Washington and elsewhere is the mainstream media (MSM) . . . which has chosen to abandon fair and balanced and relevant journalism to support the politicians and the extreme political left to make all this madness possible.

f)  Never admit that you count on the voters to be “useful idiots” and to entertain themselves with sit-coms and reality TV rather than defending their own freedoms and our once-great nation.  Ultimately, they’re at fault even beyond the MSM.

 

Ya’all live long, strong and ornery,

Rajjpuut

 

 

 

Read more…

 

 
Sally Mae ‘Next Economic Flashpoint
Aiming toward Disaster,’ Warns Moody’s
 
 
            How dare these credit-rating agencies continue giving Barack Obama all this heat? Last week Standard & Poors lowered the Federal Government’s rating on bonds and U.S. paper from Aaa+ to an unheard of low Aa+ and also downgraded the government-owned mortgage giants Fanny Mae or Freddy Mac in the same fashion. And now the credit-raters at Moody’s are telling BO that the national student loan program (which Barack took away from the free markets and gave over entirely to the government roughly thirteen months ago) a.k.a. “Sally Mae” has within it the makings of the economic surprise-disaster of the year. 
            It works like this: just as the government decided 34 years ago that everybody must own their own home (by FORCING mortgage loan companies to make poor loans to unqualified buyers with the Community Reinvestment Act of 1977 a.k.a. CRA ‘77) and took the percentage of “suspect home loans” in the nation from 0.24% in 1975 to 34.2% by 2005 . . . the Obama administration has likewise decided to extend the idea of college loans to virtually every young person in the country. And just as the sub-prime lending crisis that sunk our economy from 2005 to 2008 was predictable from the very day President Jimmy Carter signed CRA ’77 into law . . . this Obama-formatted Sally Mae boondoggle, too, has a very predictable ending akin to a banana peel being dropped under your moving feet.  
The obvious result of Sally Mae’s creation will be seen when all these new college grads will have ZERO jobs awaiting them when they leave school . . . with no jobs, they’ll have no noteworthy income other than food stamps (which Obama has recently authorized for college students as you probably know) . . . with only food stamps as “income” these students will not be able to repay their student loans e-v-e-r . . . and the effect of all those student loan defaults will, Moody’s appraisal of the situation warns, very likely mean that the present S&P Aa+ rating will degenerate into a much, much lowered rating by S&P, Moody’s, Fitch’s and other credit-rating agencies. The size of the now expanded student loan program will ensure that America’s debt to GDP ratio rises from its present 110% (following recent authorization to expand the debt-ceiling to $17 TRillion) to a Greece-like 128%. 
Meanwhile Europe is burning courtesy of the riots in England; and the economic collapses of Spain, Portugal, Italy, Greece, Ireland, Hungary; and now perhaps Belgium and France as well . . . all the while the U.S. economy seems to be more and more rivaling these pathetically-poor (p-poor?) European role models. Just as an old folk song asked us Where Have All the Flowers Gone? and then led listeners upon a tragic house-that-Jack-built type story that wound up with all the military graveyards bursting into bloom . . . the Sally Mae program is a program created by blooming idiots holding the seeds of future economic disaster.
In response to the revelations by Moody, the Obama spin doctors and the Obama puppet master George Soros via his CREW people have been going wild trying to cover the President’s golf-playing tush. CREW, of course, is the much-quoted supposedly neutral (Citizens for Responsibility and Ethics in Washington) research group. Funded by Soros, (figures NOT included within the main $48 million in media funding that Soros has sponsored this year) CREW has never run a positive story on Sarah Palin and never run a negative story on Barack Obama and runs highly negative stories on Conservative issues eight times for every single mildly negative story on liberal matters . . . according to CREW, of course, the newly Obama-formatted Sally Mae is the greatest thing to happen to young people since condoms. Condoms with holes in them . . . more likely . . . .
As another gross and needless debacle looms, friends, can’t you just see young Barack holding the axe in his hand above the fallen economic oak known as the free market, “No, Father, not me -- the Tea Party, did it!”
 
Ya’all live long, strong and ornery,
Rajjpuut
 
Read more…
 
            
            Those so-called "democracy-loving and freedom seeking" Egyptian revolutionaries who got all the press two months ago are now burning out Coptic Christians (10% of Egypt's population) and signing agreements with the terrorist group Hamas . . . suddenly the mainstream American media doesn't have time to cover them . . . nor to mention that the Muslim Brotherhood seeking the upper hand in Libya has already achieved the upper hand in Egypt.  Our old strongman ally in Egypt, Mr. Mubarak will prove to be a saint by comparison to the radical elements that Obama is supporting everywhere.
 
           The "Gaza Freedom Flotilla" (which attempted to run an Israeli naval blockade a year ago) funded by a  radical feminist-Marxist organization Code Pink; and planned by Bill Ayers and his wife Bernadette Dorn (you remember them, the bomb makers) celebrates its first anniversary this May 15, 2011 and is planning to re-create that event in SPADES.  What else is so special about this date?
 
 
Radical Left Joins with Radical Islam
to Initiate “THE Revolution” 
 
 
 
            As reported right here in Rajjpuut’s Folly several times already in the past year . . . “THE Revolution” is underway. “THE Revolution,” you say, “Hold it, hold it, when did this start? Why wasn’t I informed? . . . er’ what revolution?” Note to self:  ignorance is not bliss. Long-form headline:   The Radical Left has Now Joined with Radical Islam to Initiate “THE Revolution” NOT Only Here in the United States, but Around the World . . . these moves are a culmination of several trends long in evidence . . . details to follow, and for those interested in marking your calendar: May 15, 2011 is the key date . . . .
 
ITEM: If you’ve been plotting something for at least 65 years and been piling up successes furtively under the cover of dark, you must become pretty emboldened to finally come out into the open in the bright light of day . . . that’s the story for socialist and communist Americans and the union LEADERS who are right now openly calling for and planning open revolt.

ITEM:  Those so-called "democracy-loving and freedom seeking" Egyptian revolutionaries who got all the press two months ago are now burning out Coptic Christians (10% of Egypt's population) and signing agreements with the terrorist group Hamas . . . suddenly the mainstream American media doesn't have time to cover them . . . nor to mention that the Muslim Brotherhood seeking the upper hand in Libya has already achieved the upper hand in Egypt.  Our old strongman ally in Egypt, Mr. Mubarak will prove to be a saint by comparison to the radical elements that Obama is supporting everywhere across the Middle East.
 
ITEM: if you’ve got a grievance 63 years in the boiling (since the creation of Israel, the Jewish State) and been pretty damn violent about it the whole time without success, you’ll welcome anyone who promises to join with you in common cause . . . that’s the story for the Islamic Jihadists who since Sayyid Qutb first came to Greeley, Colorado (see: The Looming Tower: Al-Qaeda and the Road to 9/11) to attend the University of Northern Colorado (then called “Colorado State College of Education”) shortly after publishing his first book Social Justice in Islam have been looking for a chance to martyr themselves to bring about an Islamic Caliphate and Mohammed’s Paradise on Earth. Qutb succeeded in 1966 and before his hanging remarked, “Thank God!   I performed Jihad for fifteen years to earn this martyrdom.”
 
ITEM: Osama Bin Laden, founded Al Qaeda in August, 1988, (even before the defeat of the Soviet Union in Afghanistan less than a year later; largely accomplished thanks to huge cash and weapons influxes and military training from the United States) but the organization was kept a secret. That date is important because already at that date Bin Laden had his eye on western targets even while the war with the Soviets was still raging. Even at that date the ultimate goal was world conquest for Islam. That goal has NOT changed. 
            A believer whenever possible in pure Muslim activism, Bin Laden (a Saudi) went to King Fahd of Saudi Arabia in late 1990 asking to be allowed to free Kuwait from the conquest of Saddam Hussein with a purely Islamic military from many Arabian nations. He was sent away. 
When Bush #1 sent in the coalition forces to neutralize and defeat Saddam Hussein’s forces, Bin Laden was aghast that “infidels” could be invited onto sacred Islamic territory to defeat Muslims. He publicly denounced Saudi Arabia's dependence on the U.S. military, saying that the presence of foreign troops in the "land of the two mosques" (the Holy Cities of Mecca and Medina in Saudi Arabia) profaned sacred soil.  Not liking to have their monarch criticized publicly, the Saudis tried to catch and silence Bin Laden. Soon after U.S. troops were allowed on Saudi soil, Bin Laden’s organization in Saudi Arabia was raided by Saudi secret police and information released to the American FBI which on November 8, 1990 led to a raid on the New Jersey home of El Sayyid Nosair, a man with numerous Al Qaeda ties, which uncovered a great deal of evidence of terrorist plots against America including plans to blow up New York City (NYC) skyscrapers.  Just a few months later, in 1991 Osama publicly declared unilateral war against the United States.   The Arab world knew about this. The CIA and top level politicians knew about this; you were never told. 
            Despite Bin Laden’s declaration of war and the information discovered from the Nosair raid, the first World Trade Center bombing in 1993 was a partial success for Al Qaeda. The CIA and top level politicians, of course, knew all about all of this; again you were never told. During the next decade Osama and his buddies were responsible for attacks all around the world; most notably for several dozen terrorist attacks in the Middle East, Africa and Asia; and for blowing a hole in the side of the American destroyer USS Cole at port in Yemen in 1998; he and Ayman al-Zawahir co-signed a fatwa that same year declaring the killing of North Americans and their allies “an individual duty for every Muslim”; and most infamously for the September 11, 2001 attacks on the twin towers of the World Trade Center and on the Pentagon in Washington. D.C. Note to self: it does not take two to make a war . . . .
 
ITEM: “THE Revolution,” (like the attacks from Al Qaeda) constitutes a war whether you like it or not or whether or not you’re even aware of it. You now -- in this blog -- have been given information that the main launch point for highly visible and irrefutable assaults upon you, our Constitution and the American way of life is May 15, 2011. Up to now “THE Revolution” has been going on all around you for forty-four years. 
The ground for the battlefield was originally scouted and prepared by self-proclaimed “neo-Marxist” Saul Alinsky of Chicago with his two books Reveille for Radicals (1946); and Rules for Radicals (1971). The two were how-to primers on radical activism aimed at community organizers in big cities. Alinsky dedicated Rules for Radicals to Lucifer (a.k.a. “Satan”) . . . that dedication has been removed in modern editions but there are still plenty of the old books around and Rajjpuut checked one out of the library less than six years ago, yep “Satan with a starting capital of just one snake” who “won his own kingdom” was lauded as “the first radical.”  Alinsky “tactics” (sometimes called “street theater”) were seen all over the New Left movement of the late 60’s and early 70’s. Some thought they were too “tame.” 
Most notable among these were terrorist Bill Ayers and his wife Bernadette Dorn/Dohrn (both spellings are very common and she’s also given her first name often as ‘Bernadine’) who once they left the Students for a Democratic Society (SDS -- because they were “too busy examining each other’s navels”) joined the Weather Underground sometimes called the Weathermen for whom they made and planted bombs during that era killing and maiming some police and others and losing more than a few Weathermen to incompetence.  Both Ayers and Dorn are still alive; both are close friends of the President of the United States; more on those two later.
ITEM: “Tactics” is how you wage war on a day-by-day basis. “Strategy” is what the long-range goals of the daily tactics aim to accomplish. With Alinsky’s ugly tactics now well-polished, what the progressive- (we must ‘progress’ beyond the ‘outdated and ill-conceived Constitution’ if we are ever to make ‘progress’ toward Utopia on earth) leftists needed now was a grand strategy defining how to make the goal (takeover of the United States and destruction of Capitalism) over time become a reality. Two Columbia University (NYC) Marxist professors Richard Andrew Cloward and his wife Frances Fox Piven provided that strategy with their May 2, 1966 article in The Nation magazine The Weight of the Poor: a Strategy to End Poverty. Suddenly everything fell into place.   Almost immediately the ideas they espoused became known as “Cloward-Piven Strategy” and C-P Strategy has remained the radical left’s most powerful, albeit slow, strategic idea ever since.
 
ITEM: The theme of the article was that the poor should be used as shock-troopers and only by making the rest of the nation fear them could the poor gain their rightful economic equality. The intermediate goal should be according to Cloward and Piven GNI (a guaranteed national income).   The basis for their strategy was that Democratic President Lyndon B. Johnson had the previous year not only got us into war in Southeast Asia; created the two government spending boondoggles Medicare; and Medicaid (with a state side as well as a federal one which now constitute UNfunded liabilities of $75 TRillion); but also launched a “War on Poverty” dramatically expanding old and adding new welfare programs. Cloward and Piven decided that with Alinsky street tactics they could dramatically increase the number of welfare recipients, virtually bankrupt the nation and then get the Democratic Party (where they owned the most influence) to pass a GNI law  . . . POOF! SNAP! Abracadabra! ending poverty and advancing the revolution, they thought, dramatically virtually overnight.
 
ITEM: It took them part of eight years to know semi-success. The full story is found here in a recent Rajjpuut’s Folly in its painfully-detailed entirety:
 
 
The short version is: After creating something called the NWRO in 1967 with Black militant George Wiley, Cloward and Piven crapped in their own nest by bankrupting NYC which was bailed out by the federal government in 1975; and almost bankrupted the State of New York and many other states and big cities by doubling welfare rolls by 1970 from eight to sixteen million recipients. 
C&P and Wiley declared victory even though GNI was never seriously discussed in Congress. They publicly bragged about the great thing they’d done. They told their followers to now concentrate their attention on voter registration and federal housing. In 1977, one of the first things the new progressive president, Jimmy Carter, did was pass a bill called CRA ’77 (the Community Reinvestment Act of 1977) forcing lenders to knowingly make bad loans to unqualified would-be home owners. Wade Rathke, a Wiley Lieutenant sent to Arkansas in 1970 was in 1977 assigned to be the lead in creating a model organization in Arkansas to follow-up 0n the new C&P marching orders while taking advantage of CRA ’77 with C-P Strategies just as they had originally done with the welfare laws. Again the full version of events is found here:
 
 
 
ITEM: The nutshell version is that ACORN (Arkansas Community Organizations for Reform Now) was created in 1977. Using voter fraud** they elected an up and coming young Arkansas lieutenant governor to governor in 1978 and kept him in that post for 12 of the next 14 years until getting him elected president in 1972. Along the way they perfected their voter registration shenanigans and housing corruptions Alinsky-style so well that Rathke’s organization was expanded to every state and renamed (Associations of Community Organizations for Reform Now). They were so successful on the housing front that just by them operating in Arkansas they began to change the face of federal housing very quickly. In 1975 only one in every 404 home loans in the country was considered “suspect.” Typically, this suspect loan was made at 3% down payment to someone considered a very good risk such as an ex-military officer going to college on the GI Bill. After ACORN got involved (just in Arkansas, remember) by 1985 one in every 196 home loans was “suspect” and over half of those suspect loans were CRA ’77 loans in Arkansas and in other states that ACORN had recently spread to. These Arkansas loans were made to absolutely unqualified buyers.
 
ITEM: after five expansions of CRA ’77 (four expansions by ACORN president Bill Clinton alone) the financial meltdown of 2007 would hit the country like a kidney kick from a mule. As for Barack Obama, he was not only a community organizer in Chicago . . . he was also:
 
A.     An ACORN attorney in 1994, '95 and '96 shaking down home mortgage companies not only for bad loans now; but for long-range promises of bad loan quotas for the future and even donations to ACORN itself.
B.    An attorney-professor teaching both Constitutional Law and Alinsky’s Rules for Radicals in Chicago.
 
ITEM: After two legislative expansions of CRA ’77 in 1995 Bill Clinton (he also made a huge regulatory expansion of CRA ‘77 in 1993; and passed the Motor-Voter Act^^ in 1993 with Cloward and Piven standing behind him in the official photo) paid off his ACORN allies handsomely with a steroid-version legislative expansion of CRA ’77 in 1998. By 2005 more than one in three home loans was now suspect (34%) many of them made at 0.0% down payment for homes costing over $300,000 made to virtually homeless## clients.   The full details again should be known by every voting American:
 
 
That brings us almost up to date: So what exactly do we mean by “THE Revolution” and why do we say May 15, 2011 is so important? The answer to that question goes back roughly a year ago. About that time, the “near-ground-zero mosque was floated as a trial balloon to see if the American Mainstream media would back it and they did. Shariah Law in America as a viable option has been pressed by the extreme left and Eric Holder’s INJustice Department since that time. On the other end in early spring, 2010, several powerful American Union personalities and other prominent American leftists visited a few European capitals and roughly 17-18 Middle Eastern predominantly Muslim countries. They arranged discussions about forming a coalition to destroy what they hate most -- American Capitalism. Out of that discussion came the wave of so-called Democratic revolts across the Middle East; the so-called “Gaza Freedom Flotilla” blockade run; Shariah$$ Law- acceptability being promoted (it’s actually already part of law in some places in Europe); and plans to unite because “the enemy of my enemy is my friend.” 
What we mean by “THE Revolution" is exactly the same thing the left has meant by “THE Revolution" since before Alinsky, Ayers, Cloward, Piven, Wiley and others could talk. It means the downfall of the United States of America; the expansion of leftist efforts in many countries and introduction of a global government believing as they, the leftists do. By the way, the Jihadist will be fine with just the downfall of the United States but they want an Islamic Caliphate and to behead all who fail to capitulate to Islam on some glorious day in the future. But you knew all that . . . here’s what you didn’t know:
 
Item: The so-called Gaza Freedom Flotilla funded by a feminine Marxist organization called Code Pink; and planned by Bill Ayers and his wife Bernadette Dorn (you remember them, the bomb makers) celebrates its first anniversary this May 15, 2011. 
This was the first known incidence of leftists in America and radical Jihadist Muslims joining forces. They (a group of Jihadist members of the Muslim Brotherhood (an organization that first became serious in Egypt under Sayyid Qutb) attempted to run the Israeli naval blockade (aimed at preventing arms and other military supplies getting to Gaza and to Jihadists elsewhere) and although the violence that naturally followed was at each step of the way begun and escalated by the Jihadists (each of whom had made video wills for their relatives before sailing that were captured by Israeli agents) the mainstream-lamestream media in America covered the whole affair as if it was an Israeli-provoked atrocity. Naturally the Arab press went hog-wild with the story . . . oh, sorry; Muslims don’t go hog-wild, so uh, camel-wild . . . 
Among other results of this evil-vile collaboration:  Mubarak is out and the “Democracy” that follows looks to be a Jihadocracy for Egypt similar to what rules now in Iran with no more enforcement of the (neutral toward) Israel peace agreement or the Trade (with Israel) agreements that Mubarak had long upheld despite their unpopularity among his people; there are now serious uprisings in almost all the Muslim Middle East; and the old version of Moammar Gadhafi is now looking pretty good as America seriously contemplates funding the Jihadist rebels out to oust his despotic butt. Anyway the first anniversary of that blockade-run attempt (May 15, 2011) will see a confluence of openly atrocious events in the Middle East and in America. Four in particular need to be exposed right now: 
            #1 Code Pink, Ayers and Dorn again are uniting once again for a repeat of the blockade-running event on May 15, 2011.
            #2 As SEIU Union bigwig Stephen Lerner promised (it’s all on videotape at my Rajjpuut’s Folly blog site in a different blog): 
 
 
the assault on the American banking system he’s planned . . . and designed to deal the ultimate crippling blow to capitalism is scheduled for May 15, 2011.
            #3 A whole range of nasty union demonstrations are scheduled to coincide with . . . wait for it . . . May 15, 2011.   The Union movement has now gone global (Workers of the world unite!) and far more Marxist. Go to the websites of the AFL-CIO or SEIU and see all their propaganda about all the countries “standing with Wisconsin.” They believe that Capitalism is on the ropes and all they have to do now is keep attacking the free market system until they can land a haymaker . . . and move their twisted statist philosophies into the forefront.
            #4 A restoration of lost land in which Muslim Arabs on all sides of Israel are supposed to simply walk into the country and “reclaim their acreage” is also scheduled for, yep, you guessed it . . . May 15, 2011. Beware the Ides of May.
 
Ya’all live long, strong and ornery,
Rajjpuut
 
** ACORN ran a very successful voter registration drive across Arkansas; unfortunately, those who signed up as Republicans never had their paperwork delivered to the voting authorities and that’s how young William Jefferson Clinton won the state governorship in 1978. He lost the post in 1980 during the Reagan landslide, but got elected the next twelve years before becoming our first ACORN president.
^^ Motor-Voter was called “a twelve-lane highway to voter fraud” by those who understood it.
## After Clinton’s Steroid-expansion of CRA ‘77 legislatively in 1998, ACORN found it much easier to put unqualified home loan recipients into $440,000 homes in 1999 than they could into $110,000 homes five or six years earlier. These folks were typically:
A.      Without jobs
B.     Lacking decent credit ratings
C.      Often without even a rental history
D.     Welfare recipients, and especially . . . .
E.      People whose only “income” was food stamps
F.      Even illegal aliens
 
Even though this blog involves a lot of reading, every educated American voter should know the full details here: 
 
 
$$ That means things like total control and oppression of women and the burkha requirement; and solely “mosque activities” of Shariah law be allowed and left alone as long as only Muslims are involved. In other words the U.S. Constitution would NOT apply to Muslims in the country.
 
 
 
 
 
 
Read more…
 
                 The so-called "Gaza Freedom Flotilla" that attempted to run an Israeli naval blockade  and was funded by a feminine-Marxist organization called Code Pink; and planned by Bill Ayers and his wife Bernadette Dorn (you remember them, the bomb makers) celebrates its first anniversary this May 15, 2011.  What else is so special about that date?
 
 
 
Beware the Ides of May, 2011? Yep!
 
 
            As reported right here in Rajjpuut’s Folly several times already in the past year . . . “THE Revolution” is underway. “THE Revolution,” you say, “Hold it, hold it, when did this start? Why wasn’t I informed? . . . er’ what revolution?” Note to self:  ignorance is not bliss. Long-form headline:   The Radical Left has Now Joined with Radical Islam to Initiate “THE Revolution” NOT Only Here in the United States, but Around the World . . . these moves are a culmination of several trends long in evidence . . . details to follow, and for those interested in marking your calendar: May 15, 2011 is the key date . . . .
 
ITEM: If you’ve been plotting something for at least 65 years and been piling up successes furtively under the cover of dark, you must become pretty emboldened to finally come out into the open in the bright light of day . . . that’s the story for socialist and communist Americans and the union LEADERS who are right now openly calling for and planning open revolt.
 
ITEM: if you’ve got a grievance 63 years in the boiling (since the creation of Israel, the Jewish State) and been pretty damn violent about it the whole time without success, you’ll welcome anyone who promises to join with you in common cause . . . that’s the story for the Islamic Jihadists who since Sayyid Qutb first came to Greeley, Colorado (see: The Looming Tower: Al-Qaeda and the Road to 9/11) to attend the University of Northern Colorado (then called “Colorado State College of Education”) shortly after publishing his first book Social Justice in Islam have been looking for a chance to martyr themselves to bring about an Islamic Caliphate and Mohammed’s Paradise on Earth. Qutb succeeded in 1966 and before his hanging remarked, “Thank God!   I performed Jihad for fifteen years to earn this martyrdom.”
 
ITEM: Osama Bin Laden, founded Al Qaeda in August, 1988, (even before the defeat of the Soviet Union in Afghanistan less than a year later; largely accomplished thanks to huge cash and weapons influxes and military training from the United States) but the organization was kept a secret. That date is important because already at that date Bin Laden had his eye on western targets even while the war with the Soviets was still raging. Even at that date the ultimate goal was world conquest for Islam. That goal has NOT changed. 
            A believer whenever possible in pure Muslim activism, Bin Laden (a Saudi) went to King Fahd of Saudi Arabia in late 1990 asking to be allowed to free Kuwait from the conquest of Saddam Hussein with a purely Islamic military from many Arabian nations. He was sent away. 
When Bush #1 sent in the coalition forces to neutralize and defeat Saddam Hussein’s forces, Bin Laden was aghast that “infidels” could be invited onto sacred Islamic territory to defeat Muslims. He publicly denounced Saudi Arabia's dependence on the U.S. military, saying that the presence of foreign troops in the "land of the two mosques" (the Holy Cities of Mecca and Medina in Saudi Arabia) profaned sacred soil.  Not liking to have their monarch criticized publicly, the Saudis tried to catch and silence Bin Laden. Soon after U.S. troops were allowed on Saudi soil, Bin Laden’s organization in Saudi Arabia was raided by Saudi secret police and information released to the American FBI which on November 8, 1990 led to a raid on the New Jersey home of El Sayyid Nosair, a man with numerous Al Qaeda ties, which uncovered a great deal of evidence of terrorist plots against America including plans to blow up New York City (NYC) skyscrapers.  Just a few months later, in 1991 Osama publicly declared unilateral war against the United States.   The Arab world knew about this. The CIA and top level politicians knew about this; you were never told. 
            Despite Bin Laden’s declaration of war and the information discovered from the Nosair raid, the first World Trade Center bombing in 1993 was a partial success for Al Qaeda. The CIA and top level politicians, of course, knew all about all of this; again you were never told. During the next decade Osama and his buddies were responsible for attacks all around the world; most notably for several dozen terrorist attacks in the Middle East, Africa and Asia; and for blowing a hole in the side of the American destroyer USS Cole at port in Yemen in 1998; he and Ayman al-Zawahir co-signed a fatwa that same year declaring the killing of North Americans and their allies “an individual duty for every Muslim”; and most infamously for the September 11, 2001 attacks on the twin towers of the World Trade Center and on the Pentagon in Washington. D.C. Note to self: it does not take two to make a war . . . .
 
ITEM: “THE Revolution,” (like the attacks from Al Qaeda) constitutes a war whether you like it or not or whether or not you’re even aware of it. You now -- in this blog -- have been given information that the main launch point for highly visible and irrefutable assaults upon you, our Constitution and the American way of life is May 15, 2011. Up to now “THE Revolution” has been going on all around you for forty-four years. 
The ground for the battlefield was originally scouted and prepared by self-proclaimed “neo-Marxist” Saul Alinsky of Chicago with his two books Reveille for Radicals (1946); and Rules for Radicals (1971). The two were how-to primers on radical activism aimed at community organizers in big cities. Alinsky dedicated Rules for Radicals to Lucifer (a.k.a. “Satan”) . . . that dedication has been removed in modern editions but there are still plenty of the old books around and Rajjpuut checked one out of the library less than six years ago, yep “Satan with a starting capital of just one snake” who “won his own kingdom” was lauded as “the first radical.”  Alinsky “tactics” (sometimes called “street theater”) were seen all over the New Left movement of the late 60’s and early 70’s. Some thought they were too “tame.” 
Most notable among these were terrorist Bill Ayers and his wife Bernadette Dorn/Dohrn (both spellings are very common and she’s also given her first name often as ‘Bernadine’) who once they left the Students for a Democratic Society (SDS -- because they were “too busy examining each other’s navels”) joined the Weather Underground sometimes called the Weathermen for whom they made and planted bombs during that era killing and maiming some police and others and losing more than a few Weathermen to incompetence.  Both Ayers and Dorn are still alive; both are close friends of the President of the United States; more on those two later.
ITEM: “Tactics” is how you wage war on a day-by-day basis. “Strategy” is what the long-range goals of the daily tactics aim to accomplish. With Alinsky’s ugly tactics now well-polished, what the progressive- (we must ‘progress’ beyond the ‘outdated and ill-conceived Constitution’ if we are ever to make ‘progress’ toward Utopia on earth) leftists needed now was a grand strategy defining how to make the goal (takeover of the United States and destruction of Capitalism) over time become a reality. Two Columbia University (NYC) Marxist professors Richard Andrew Cloward and his wife Frances Fox Piven provided that strategy with their May 2, 1966 article in The Nation magazine The Weight of the Poor: a Strategy to End Poverty. Suddenly everything fell into place.   Almost immediately the ideas they espoused became known as “Cloward-Piven Strategy” and C-P Strategy has remained the radical left’s most powerful, albeit slow, strategic idea ever since.
 
ITEM: The theme of the article was that the poor should be used as shock-troopers and only by making the rest of the nation fear them could the poor gain their rightful economic equality. The intermediate goal should be according to Cloward and Piven GNI (a guaranteed national income).   The basis for their strategy was that Democratic President Lyndon B. Johnson had the previous year not only got us into war in Southeast Asia; created the two government spending boondoggles Medicare; and Medicaid (with a state side as well as a federal one which now constitute UNfunded liabilities of $75 TRillion); but also launched a “War on Poverty” dramatically expanding old and adding new welfare programs. Cloward and Piven decided that with Alinsky street tactics they could dramatically increase the number of welfare recipients, virtually bankrupt the nation and then get the Democratic Party (where they owned the most influence) to pass a GNI law  . . . POOF! SNAP! Abracadabra! ending poverty and advancing the revolution, they thought, dramatically virtually overnight.
 
ITEM: It took them part of eight years to know semi-success. The full story is found here in a recent Rajjpuut’s Folly in its painfully-detailed entirety:
 
 
The short version is: After creating something called the NWRO in 1967 with Black militant George Wiley, Cloward and Piven crapped in their own nest by bankrupting NYC which was bailed out by the federal government in 1975; and almost bankrupted the State of New York and many other states and big cities by doubling welfare rolls by 1970 from eight to sixteen million recipients. 
C&P and Wiley declared victory even though GNI was never seriously discussed in Congress. They publicly bragged about the great thing they’d done. They told their followers to now concentrate their attention on voter registration and federal housing. In 1977, one of the first things the new progressive president, Jimmy Carter, did was pass a bill called CRA ’77 (the Community Reinvestment Act of 1977) forcing lenders to knowingly make bad loans to unqualified would-be home owners. Wade Rathke, a Wiley Lieutenant sent to Arkansas in 1970 was in 1977 assigned to be the lead in creating a model organization in Arkansas to follow-up 0n the new C&P marching orders while taking advantage of CRA ’77 with C-P Strategies just as they had originally done with the welfare laws. Again the full version of events is found here:
 
 
 
ITEM: The nutshell version is that ACORN (Arkansas Community Organizations for Reform Now) was created in 1977. Using voter fraud** they elected an up and coming young Arkansas lieutenant governor to governor in 1978 and kept him in that post for 12 of the next 14 years until getting him elected president in 1972. Along the way they perfected their voter registration shenanigans and housing corruptions Alinsky-style so well that Rathke’s organization was expanded to every state and renamed (Associations of Community Organizations for Reform Now). They were so successful on the housing front that just by them operating in Arkansas they began to change the face of federal housing very quickly. In 1975 only one in every 404 home loans in the country was considered “suspect.” Typically, this suspect loan was made at 3% down payment to someone considered a very good risk such as an ex-military officer going to college on the GI Bill. After ACORN got involved (just in Arkansas, remember) by 1985 one in every 196 home loans was “suspect” and over half of those suspect loans were CRA ’77 loans in Arkansas and in other states that ACORN had recently spread to. These Arkansas loans were made to absolutely unqualified buyers.
 
ITEM: after five expansions of CRA ’77 (four expansions by ACORN president Bill Clinton alone) the financial meltdown of 2007 would hit the country like a kidney kick from a mule. As for Barack Obama, he was not only a community organizer in Chicago . . . he was also:
 
A.     An ACORN attorney in 1994, '95 and '96 shaking down home mortgage companies not only for bad loans now; but for long-range promises of bad loan quotas for the future and even donations to ACORN itself.
B.    An attorney-professor teaching both Constitutional Law and Alinsky’s Rules for Radicals in Chicago.
 
ITEM: After two legislative expansions of CRA ’77 in 1995 Bill Clinton (he also made a huge regulatory expansion of CRA ‘77 in 1993; and passed the Motor-Voter Act^^ in 1993 with Cloward and Piven standing behind him in the official photo) paid off his ACORN allies handsomely with a steroid-version legislative expansion of CRA ’77 in 1998. By 2005 more than one in three home loans was now suspect (34%) many of them made at 0.0% down payment for homes costing over $300,000 made to virtually homeless## clients.   The full details again should be known by every voting American:
 
 
That brings us almost up to date: So what exactly do we mean by “THE Revolution” and why do we say May 15, 2011 is so important? The answer to that question goes back roughly a year ago. About that time, the “near-ground-zero mosque was floated as a trial balloon to see if the American Mainstream media would back it and they did. Shariah Law in America as a viable option has been pressed by the extreme left and Eric Holder’s INJustice Department since that time. On the other end in early spring, 2010, several powerful American Union personalities and other prominent American leftists visited a few European capitals and roughly 17-18 Middle Eastern predominantly Muslim countries. They arranged discussions about forming a coalition to destroy what they hate most -- American Capitalism. Out of that discussion came the wave of so-called Democratic revolts across the Middle East; the so-called “Gaza Freedom Flotilla” blockade run; Shariah$$ Law- acceptability being promoted (it’s actually already part of law in some places in Europe); and plans to unite because “the enemy of my enemy is my friend.” 
What we mean by “THE Revolution" is exactly the same thing the left has meant by “THE Revolution" since before Alinsky, Ayers, Cloward, Piven, Wiley and others could talk. It means the downfall of the United States of America; the expansion of leftist efforts in many countries and introduction of a global government believing as they, the leftists do. By the way, the Jihadist will be fine with just the downfall of the United States but they want an Islamic Caliphate and to behead all who fail to capitulate to Islam on some glorious day in the future. But you knew all that . . . here’s what you didn’t know:
 
Item: The so-called Gaza Freedom Flotilla funded by a feminine Marxist organization called Code Pink; and planned by Bill Ayers and his wife Bernadette Dorn (you remember them, the bomb makers) celebrates its first anniversary this May 15, 2011. 
This was the first known incidence of leftists in America and radical Jihadist Muslims joining forces. They (a group of Jihadist members of the Muslim Brotherhood (an organization that first became serious in Egypt under Sayyid Qutb) attempted to run the Israeli naval blockade (aimed at preventing arms and other military supplies getting to Gaza and to Jihadists elsewhere) and although the violence that naturally followed was at each step of the way begun and escalated by the Jihadists (each of whom had made video wills for their relatives before sailing that were captured by Israeli agents) the mainstream-lamestream media in America covered the whole affair as if it was an Israeli-provoked atrocity. Naturally the Arab press went hog-wild with the story . . . oh, sorry; Muslims don’t go hog-wild, so uh, camel-wild . . . 
Among other results of this evil-vile collaboration:  Mubarak is out and the “Democracy” that follows looks to be a Jihadocracy for Egypt similar to what rules now in Iran with no more enforcement of the (neutral toward) Israel peace agreement or the Trade (with Israel) agreements that Mubarak had long upheld despite their unpopularity among his people; there are now serious uprisings in almost all the Muslim Middle East; and the old version of Moammar Gadhafi is now looking pretty good as America seriously contemplates funding the Jihadist rebels out to oust his despotic butt. Anyway the first anniversary of that blockade-run attempt (May 15, 2011) will see a confluence of openly atrocious events in the Middle East and in America. Four in particular need to be exposed right now: 
            #1 Code Pink, Ayers and Dorn again are uniting once again for a repeat of the blockade-running event on May 15, 2011.
            #2 As SEIU Union bigwig Stephen Lerner promised (it’s all on videotape at my Rajjpuut’s Folly blog site in a different blog): 
 
 
the assault on the American banking system he’s planned . . . and designed to deal the ultimate crippling blow to capitalism is scheduled for May 15, 2011.
            #3 A whole range of nasty union demonstrations are scheduled to coincide with . . . wait for it . . . May 15, 2011.   The Union movement has now gone global (Workers of the world unite!) and far more Marxist. Go to the websites of the AFL-CIO or SEIU and see all their propaganda about all the countries “standing with Wisconsin.” They believe that Capitalism is on the ropes and all they have to do now is keep attacking the free market system until they can land a haymaker . . . and move their twisted statist philosophies into the forefront.
            #4 A restoration of lost land in which Muslim Arabs on all sides of Israel are supposed to simply walk into the country and “reclaim their acreage” is also scheduled for, yep, you guessed it . . . May 15, 2011. Beware the Ides of May.
 
Ya’all live long, strong and ornery,
Rajjpuut
 
** ACORN ran a very successful voter registration drive across Arkansas; unfortunately, those who signed up as Republicans never had their paperwork delivered to the voting authorities and that’s how young William Jefferson Clinton won the state governorship in 1978. He lost the post in 1980 during the Reagan landslide, but got elected the next twelve years before becoming our first ACORN president.
^^ Motor-Voter was called “a twelve-lane highway to voter fraud” by those who understood it.
## After Clinton’s Steroid-expansion of CRA ‘77 legislatively in 1998, ACORN found it much easier to put unqualified home loan recipients into $440,000 homes in 1999 than they could into $110,000 homes five or six years earlier. These folks were typically:
A.      Without jobs
B.     Lacking decent credit ratings
C.      Often without even a rental history
D.     Welfare recipients, and especially . . . .
E.      People whose only “income” was food stamps
F.      Even illegal aliens
 
Even though this blog involves a lot of reading, every educated American voter should know the full details here: 
 
 
$$ That means things like total control and oppression of women and the burkha requirement; and solely “mosque activities” of Shariah law be allowed and left alone as long as only Muslims are involved. In other words the U.S. Constitution would NOT apply to Muslims in the country.
 
 
 

 
 
 

Read more…

 

 
            What do call the economy of a country with a 35% corporate tax rate? How about “dismal?” “Pathetic?” Perhaps “out of touch?”  How about “American?”
The United States enters the second decade of the third millennium with the second highest corporate taxes in the industrialized world; but it won’t stay there for long . . . Japan’s Prime Minister Naoto Kan said he will lower that nation’s corporate tax rate from 40% to 35%. That's almost funny . . . Kan expects to revive his nation's moribund economy by dropping them into a tie for first place corporate taxer with America?  Germany with one of the healthier world economies charges 29%; South Korea does better and has only a 24% corporate tax.
Republicans planning to spur job creation have announced their goal of a 20% corporate tax retroactive to today, New Year’s Day January 1, 2011 to stimulate the economy and jobs growth the old-fashioned way by rewarding job-creators directly. Right now American corporations are seeing a huge growth in jobs . . . but . . . overseas in far friendlier tax environments. But the issue is not just important to Republicans and TEA Party members, but actually bi-partisan. 
According to G.O.P. Senator Judd Gregg of New Hampshire and Oregon Senator Ron Wyden, a Democrat a twosome who are co-sponsoring a bill to make an 11% tax cut down to 24%, by eliminating a few tax breaks and instituting the corporate tax cut, the United States will instantaneously become far more competitive “with the world’s present up-and-coming economies.” However, there do appear to some Grinches in the picture: Nancy Pelosi, Harry Reid and the Grinchiest of them all: Barack Obama. Despite the balanced approach favored by Wyden and Gregg, Obama-Pelosi-Reid and their progressive followers insist that the corporate tax hike can only occur if energy taxes are allowed to rise. Let’s see, energy prices go up; then transportation prices go up; then the price of everything in the economy really goes up and . . . you guessed it, we’ll see fewer jobs in America not more.
It’s high time Barack Obama admitted that his two most evil . . . promises which he made in an interview with the San Francisco Chronicle in 2008 before the election . . .
 
#1 “My energy policy will bankrupt the coal industry”
and
#2 “In accord with my cap and trade energy program, the price of electricity will necessarily sky-rocket . . .”
and his even eviler promise
#3 To “create five million green-tech jobs” which (if the study of the decimation of Spain’s economy after a similar program was initiated taking the country from less than 4% unemployment to 20.8% today) can be expected to cost 11 million jobs in the wider American economy (not to mention that in all similar instances, only 10% <500,000> of the green jobs will prove permanent) . . . altogether these three promises will literally destroy the American economy if Obama is allowed to keep them.
            Grow up, Mr. President, learn the lessons most of us learned in our college Econ-101 Class: 
  • A.     What government taxes you get less of. Tax energy profits more there’ll be less energy profits.
  • B.    “Profit” is not an evil word. Profit keeps the doors of a business open.  Profit keeps the company from becoming a bailout candidate.  Profit creates jobs. Tax energy profits and we’ll not only see fewer energy jobs from the real economy; we’ll see far fewer jobs across the entire economy.
  • C.    Government interference in the free market is the chief cause of the booms and bust cycles in those markets.
Speaking of “government interference” a.k.a. government boondoggles, do you remember what happened shortly after progressive President Jimmy Carter was inaugurated roughly 34 years ago? They created a new program forcing the banks and mortgage companies to knowingly make bad home loans with something called the Community Reinvestment Act of 1977.   Funny thing, in Arkansas the very same year of CRA ’77, they created the Arkansas Community Organizations for Reform Now (ACORN) which helped Bill Clinton become governor of that state via a bit of voter fraud; meanwhile they were browbeating Arkansas lenders into complying with that stupid law. Later as President, Bill Clinton would expand that law four times (Regulatory expansion as soon as he was elected in 1993; two new legal expansions in 1995; and the steroid version of CRA ’77 in 1998. In 1975, for every 404 home loans only one was completed at 3% down payment or less. 
In 2005, 34% of home loans were written at 3% down or less (many of them at 0% to people without jobs; without good credit ratings; whose only “income” was food stamps; and even to illegal aliens all thanks to the nationwide, grown-up version of ACORN (now the Association of Community Organizations for Reform Now). That despite the progressives claims that it was the free market that gave us the current debacle . . . that was what caused the sub-prime lending crisis that precipitated the current meltdown. By the way George W. Bush spoke to Congress 19 times before a 2007 law somewhat reining in CRA ’77 was passed in July, 2007 . . . a  law 30 months later and far, far less effective than the law he asked for originally in January, 2005.
As far as the corporate tax rate, the ball will soon be in Mr. Obama’s court. Nancy Pelosi has no more power to stop it. Harry Reid will probably NOT be able to stop it. Let’s see if Mr. Obama grows up and learns his lessons; let’s see how he plays tennis . . . .
 
Ya’all live long, strong and ornery,
Rajjpuut
 
 

Read more…

“Figures don’t lie, but liars sure do figure . . .”

Princeton’s Woodrow Wilson School Lies with Panache

Accusing Racist Lenders of Causing Fiscal Meltdown

Adolf Hitler and Josef Goebbels both credited the progressives under President Woodrow Wilson with creating the science of propaganda which the two of them came to master and exploit so well in Nazi Germany years later. Hitler in Mein Kampf, written in 1924, described the audacious propaganda technique known as the “Big Lie” and emphasized just how powerful and useful it was. Let’s talk about a recent example: yesterday, in keeping with Woodrow Wilson’s proud legacy, two Princeton University Professors from that University’s Woodrow Wilson School of Public and International Affairs revealed their mastery of the Big Lie and the incredible lengths that progressive academicians will go to change history right under the noses of American citizens. By injecting RACISM into their latest altered and fudged version of history, they certainly caught the liberal media’s attention . . . if the twosome weren’t so treasonous and vile, one feels almost like congratulating them for sheer unadulterated chutzpah.

http://news.yahoo.com/s/nm/20101004/us_nm/us_usa_foreclosures_race

The important thing, of course, is their “headline” information about “racial predatory lending” . . . the article was actually devoid of any statistics or records of any sort except one** that had nothing to do with the story’s central point, but absolutely full of bogus conclusions which inspired Reuters and the Associated Press to publish the tripe. As in so many Reuters and Associated Press articles found online, the shock level of the report linked above is twenty-times greater than any factual value contained within these news agencies’ “tireless research.”

Not surprisingly, the article turned up the wake of what turned out to be a small time National Mall “One Nation” rally. The 32,000 individuals (they were trying to steal back some of the thunder from Glenn Beck’s “Restore Honor” rally on August 28 which attracted over 650,000) participating from some 320+ individual progressive organizations were led by labor unions who used union dues to fund the bussing-in of members of CPUSA, ISO and D-S of A . . . that is, the Communist Party USA; International Socialists Organization; and Democratic-Socialists of America and others to the rally. Believe it or not, the cry went up to “stop the nation’s shameless river of foreclosures . . .” Bingo, just like that our two progressive Princeton academicians the very next day give us a study without meaningful statistics coincidentally backing, that very same point, and suggesting (according to leftist blog spinoffs) that the racists TEA Party and its ilk was responsible for the sub-prime lending crisis and all those poor people who got loans for $450,000 homes at 0% down payment without jobs and only food stamps for “income” deserve our help to keep the foreclosure bogeymen away. The two profs specifically stated, “The U.S. Civil Rights Act should be amended to create mechanisms that would uncover discrimination and penalize those who discriminated against minority borrowers.” What? No help for us poor white trash borrowers?

Supposedly, according to the two astute professors, loans that carry unreasonable fees, interest rates and payment requirements granted to minorities in the inner-cities spurred the whole financial house of cards! These loans made it impossible for these home owners to meet their mortgage obligations, alas!! Those damned racists, ruining the country and only picking on inner-city minorities, not on inner-city Whites (well, actually, they provide no stats about that and who cares about those honkies anyway?). Enough of progressive lies . . . . How did the collapse actually happen?

Remembering that in 1975, 63% of Americans owned their own homes, the highest private ownership in the world . . . the system wasn’t broken, but it had to be fixed anyway. Progressives under Jimmy Carter passed the Community Reinvestment Act in 1977 (CRA ’77) forcing home lenders to make knowingly bad loans. Thankfully, the CRA ’77 law was poorly crafted and the change from 1975 to 1985 was big, but not decisive: the amount of high-risk loans (3% or less down payment) more than doubled from 0.24% to 0.51% . . . but it had no real effect. Overall, before Bill Clinton’s arrival in Washington, only about $100 Billion was loaned out due to CRA ’77 in roughly those fifteen years.

Bill Clinton’s three earliest interventions** in the mortgage-guarantee picture sent us on the road to ruin. By 1995 14.1% of all home loans were high-risk loans virtually all of them forced upon lenders by CRA ’77. Then his final legislative expansion in 1998 changed things in both the numbers of high-risk loans and in the size of the loans poor people were offered. By 2005, 34.4% of all loans were high-risk, many of them ultra-high-risk loans for very expensive housing properties. In other words, thanks to progressive actions, the percentage of inadvisable loans increased 13,800% between 1977 and 2005.

Think about that: a 13,800% increase in loans at 3% down payment or less (most commonly at 0% down payment) . . . and more importantly loans to lenders who would not have been allowed a bank lollipop in 1977, much less a huge loan . . . say, Brother, could that have caused a financial debacle? You think that might shake the very foundations of our economy? Oh, and you do remember that the system wasn’t broken to begin with, don’t you? This is the essence of progressivism (the belief that we need to “progress” beyond the outdated and flawed U.S. Constitution so we can create their Utopia) and that is the nature of the elite who are trying to shove it down our throats . . . .

Since the Communist Party was involved in Saturday’s rally on the National Mall where the hue and cry went up for “stopping foreclosures” and for punishing the “racist predatory lenders,” perhaps a truly shocking fact ought to be told as well. The fiscal debacle that the country felt first in mid-2007 was deliberately created, or let us say deliberately “orchestrated” to destroy capitalism. You read that right.

It began in 1966 with the publishing of an article The Weight of the Poor: a Strategy to End Poverty by Richard Cloward and Frances Piven in The Nation magazine. In their masterpiece, the Columbia University (NYC) Marxist twosome opined that Alinsky-tactics (Saul Alinsky was a self-described “neo-Marxist who authored Reveille for Radicals and Rules for Radicals) could overload the welfare system and force the government to create a GNI (guaranteed national income) and thus poverty would be abolished in one fell swoop. Today, this idea of orchestrated crisis is known as “Cloward-Piven Strategy” or C-P Strategy.

In 1967, Cloward, Piven, and community organizer George Wiley created the NWRO (the National Welfare Rights Organization) to test their theory out. In 8 years the NWRO bankrupted New York City and just missed bankrupting New York State by the addition of 8.2 million more welfare recipients. They did NOT get their GNI but they published and bragged about the great thing they’d done and suggested that voter registration and housing were the next two areas to test out the theory upon. Enter ACORN in 1977 the same year that CRA ’77 was created -- ACORN the architect of an ongoing voter registration scandal and the sub-prime housing fiasco. ACORN and progressives for over 40 years now have been seeking to bring down capitalism by abusing decidedly unwise “compassionate laws.” In the case of CRA ’77 they’ve been misusing that particular law for thirty-three years now. The C-P Strategy is known as “orchestrated crisis” and though it takes a while, we’ve seen two incredible instances now of just how devastating these Marxist plans can be . . . .

Meanwhile in 1975, the year NYC failed, the United States had the highest private home ownership in the world at 64%. The system was NOT broken, but in early 1977, these same progressive creators of the 1967 National Welfare Rights Organization (NWRO) which had willfully bankrupted NYC (requiring a federal bailout after deliberately overloading the welfare rolls by street tactics, shakedowns and browbeating social workers working in the Welfare Dept. between 1968 and 1975 and adding 8.2 million new recipients in NYC and New York State) . . . the very same Cloward, Piven and Wiley immediately shifted attention to housing and voter registration and Wiley lieutenant Wade Rathke who’d been working for NWRO in Arkansas created ACORN in response to the CRA ’77 law of Jimmy Carter. This and the later actions** of Bill Clinton, their first ACORN president, is what caused the financial meltdown and two lying progressive profs can’t change history to say differently.

Ya’all live long, strong and ornery,

Rajjpuut

** To wit, this is their amazing statistic: “From 1993 to 2000, the share of subprime mortgages going to households in minority neighborhoods rose from 2 to 18 percent.” So what? There’s certainly no connection to racism there. Here’s the truth: Bill Clinton, our first ACORN President ‘s (the “A” in ACORN originally meant “Arkansas” and ACORN helped Bill win 12 of 14 possible years as Arkansas governor as well as putting him into the Oval office) very first two significant acts upon becoming U.S. President were ACORN acts. 1) Passing the Motor Voter Act with Richard Cloward and Frances Piven standing behind him in the official signing picture and 2) Demanding a regulatory overhaul and expansion of CRA ’77 including quotas for banks.

After Clinton’s changes, so-called "community groups" like ACORN benefitted greatly by a process which was essentially legalized extortion by street action embarrassed Banks into bad loans based upon the Clinton quotas (the CRA is enforced by the Fed, the Comptroller of Currency, Office of Thrift Supervision and the FDIC so CRA protests by any of these well- organized groups resulted potentially in huge financial penalties and fines for the banks and blocked for long periods of time their plans for expansion). This leverage was used and the "community groups" got millions of dollars in “donations” from the banks as shameless demanded payoffs for marketing these loans and they also made the banks promise to make a certain number of future very risky loans in their communities, resulting in more money for the "community groups.” Purportedly Barack Obama was the king of shakedowns when he worked as an ACORN lawyer between ’94 and ’96 . . . think what Barack might have done if he’d had the Clinton ’98 CRA changes in place!

All of these factors enforced by strong government agencies created a situation in which suddenly millions of people were buying homes they simply could not afford. This caused an artificial feeling of financial prosperity for everyone and an incredible TRillions of dollars were going into bad investments. which forced lenders who knew better to grant sub-prime loans to lenders without jobs, illegal aliens, folks who listed “food stamps” as income, etc. . . . and then in 1995, Clinton expanded CRA ’77 twice legislatively; and in 1998 gave us the steroid legislative expansion of CRA ’77. Thanks to Clinton and ACORN after Clinton’s ’98 steroid CRA ’77 expansion, Barack Obama and other ACORN lawyers were not needed. Street-educated people with junior high educations were getting banks to loan poor people $450,000 home mortgages just as easily as eight or ten years earlier they’d been getting them $140-$150,000 loans. This is why the Big Lie about the conservatives and the free market driving the car (the economy) into the ditch (into recession) never fooled Rajjpuut. The truth is:

http://rajjpuutsfolly.blogtownhall.com/2010/09/04/first_crocodile_tears,_then_dismemberment_part_i.thtml

The statement by Treasury Secretary Timothy Geithner last month (linked above) was 100% accurate when he basically said that G.W. Bush saved the economy and prevented a free-fall of housing prices and (talking about cars and ditches), the real truth is:

Using the same Cloward-Piven** strategy that DELIBERATELY created the bankruptcy of New York City earlier between 1967 and 1975 by deliberately overloading the welfare rolls . . . beginning especially after 1992, ACORN, OBAMA, First ACORN- PRESIDENT Bill Clinton, and oodles of progressives (94% of them Democrats) DELIBERATELY were pushing the car toward a 500-foot cliff, when George W. Bush jumped in and grabbed the steering wheel and hit the brakes. Bush was able to create a controlled-skid and guide the car to rest in a friendly-looking ditch!

Read more…

Last month 55% of Americans called Obama a “socialist”; 68% last week said the country under Obama is headed in the wrong direction; but 64% of us still today say, we believe he’s a “good guy” . . . . Americans, you‘ve let a grown wolf into your midst yet expect a happy home life . . . .

Feeling Sorry for Barack,

Hating His Message

Life is potentially very hard. The natural state of man or woman and the most desirable state for all of mankind is freedom, but life is hard and men must because of their mammalian nature survive by working together. We are both nurtured and enslaved at our mother’s teat. We do not begin as one of twenty-thousand fish eggs which never know their parents, or whose parents might hungrily gobble us up should we meet again in three days . . . we start as absolutely helpless infants who will soon die of lack of nurturing and require at a minimum the perfunctory care that passes for love among tortured souls. Very rarely does one of us turn out to be a hermit happily or unhappily living apart from mankind.

This dependence upon parents or other caretakers throughout all our early years and the virtual necessity of living among other men makes us vulnerable to immense pressure to “conform” to “fit-in” to be and live much like everybody else and thus “win their approval.” Much of this is good and helpful, but too much is crippling. This excess pressure and a certain self-loathing is what in modern times typically creates the statist, the totalitarian the progressive (we must progress beyond the ‘outdated’ and ‘flawed’ U.S. Constitution) when all around him clearly, freedom is beckoning. The phrase “nanny state” says it all. They must hate freedom for you because your freedom is a threat, how much better to have the state nuturing and burping everyone of us (and making us toe the line) all the long days of our lives . . . but then there are the “red-diaper babies.”

Red-diaper babies^^ like Barack Obama are a special breed. While the masses are stunting their own growth and embracing sheepdom, some have deliberately raised their children from the womb to be wolves. The tenets of Das Kapital is preached to red-diaper babies the way some fanatic and corrupt religious fundamentalists teach the tenets of Shariah Law and Jihad or the verses of the Bible to impressionable youngsters hatefully and ceaselessly. Red-diaper babies are raised as sociopathic wolves to prosper among the sheep. Every potential encounter they witness is preached over so that the creators and the givers in society, the capitalists and entrepreneurs, for example, who from nothing create a business and nurture it and some day provide jobs for 80 or 100 people, are portrayed at every juncture as the natural and mortal enemy of the wolf-cub/red-diaper baby.

“Look at that fat cat, lounging around thanks to the sweat of his workers. He gets to play while they’re dying under his oppression . . . etc., etc, ad nauseum every day of his life throughout the formative years and well-beyond (because naturally enough, he only feels semi-comfortable among the sheep and truly comfortable among his “own kind” where there is NO OTHER CONVERSATION because for them, the STATE has replaced religion, love and angst as the topic of their lives. So, Barack Obama is to be pitied, unlike perhaps 60% of the red-diaper babies he has never doubted, never wavered and thus never felt the need to break away. Those who do, tell us interesting stories of growing up wolf cubs** . . . those who don’t must continue to live the lie that they love the sheep and have only the sheep’s best interests at heart always.

Warning, loyal readers will find the following material repetitive of a couple of recent blogs . . . newcomers, sheep and otherwise, this is for you:

Enough of background philosophy, it has come to this . . . . Friends, Couch Potatoes, Babes in the Woods and other Trusting Souls . . . and yes, you SHEEP prefering to be men, these are the facts of life . . . this is where the message of progressivism from the wolf’s mouth has led us . . . .

11 Truths Voters Need to Know

In reverse order here’s what our gullible people should know but don’t. Our mainstream media needs to get real and do its job. I invite all readers to check my facts for 100% accuracy . . . .

11. Our government has been systematically lying to us or covering up for almost eight decades for example, . . . .


10. Obamacare, one law, a) creates 388 brand new government agencies b) funds abortions with federal money c) increases the deficit d) drives up the cost of health care and health insurance. All of this was easily foreseen but most chose to believe Obama’s promises that the opposite was true.


9. In 1975 one in 404 home loans was granted with 3% or less down payment. Five mortgage-guarantee laws later, it became in 2005, 34 out of 100 loans at less than 3% down. That's an amazing 13,600% more presumably bad loans today. The progressive left have pushed our lenders into bad loans by sponsoring these ill-conceived laws. This was easily foreseeable, but we were too busy with sitcoms and, of late, reality shows.


8. The United States used to have the world’s highest private home ownership, now Canada does. Our system was not broken, but the progressives fixed us with the Community Reinvestment Act under Carter and four expansions of CRA ’77 mortgage-guarantees in ’92, twice in ’95 and the steroid version in ’98 (the last three under Clinton). We all know better than to “fix what ain’t broke,” yet we allow the politicians we elect to do it every day.


7. Barack Obama was an ACORN lawyer shaking-down lenders to make unwise loans for parts of three years 1994-1996. Once Clinton’s steroid version of the law was passed in ’98, ACORN forced banks and other lenders to make home loans to people without ID; without jobs; with only food stamps to declare as income; without even rental history; with abysmal credit ratings; on welfare; illegal aliens; and other miserable loan prospects. Anyone listening with half an ear could see that all his promises could NOT be kept; anyone inspecting his past could see he was always way to good to be true. His communism was only slightly better hid.

6. ACORN discovered by early 2003 that they could get a $400,000 loan almost as easily as they could get a $120,000 loan for an indigent client and went about it with gusto. Why?

5. Alas, it gets even more sinister. In ’66 Richard Cloward and Frances Piven published their Cloward-Piven Strategy to end poverty by creating GNI, (guaranteed national income). In ’67 these two and George Wiley created the National Welfare Relief Organization (NWRO) put their strategy into action. In eight years they added over six million people to the welfare rolls in New York. By 1975, New York City was bankrupt and needed a federal bailout. New York state just missed bankruptcy. The threesome bragged about their accomplishment even though they made poverty worse and didn’t get GNI. C &P said the next two areas to work their “orchestrated crisis” magic upon were voter registration and housing. The sub-prime lending crisis and the ensuing financial meltdown were Cloward-Pivven at work once again as you'll soon see.

4. When CRA ’77 was passed, ACORN was immediately created in Arkansas (only later would the “A” stand for Association instead of Arkansas) to work C-P Strategy on housing and voter registration. They weren’t hugely successful at first, but they did put Bill Clinton into the governor’s mansion in Little Rock for 12 years; and he became the first ACORN president in ’92. One of his first official signings was the Motor Voter Act (“a license for voter fraud according to conservatives) with Cloward and Piven standing directly behind him in the official pictures. Three Clinton mortgage-guarantees followed in the next five years and ACORN went nuts making lenders meet their silly requirements. In effect Cloward-Piven Strategy was unleashed not on NYC this time but upon the entire USA.

3. Republicans in January, 2005, saw the handwriting on the wall and tried to repeal much of the mortgage-guarantee nonsense but were stopped cold by the Democrats. In July, 2007, enough Dems came to see the truth that a watered-down version of the earlier bill was passed. It was, of course, way too little – way too late. Nevertheless . . . .


2. Last week Treasury Secretary Timothy Geithner praised George W. Bush for that 2007 law which he said prevented the recession from becoming much, much deeper and the drop in housing prices from tumbling to dangerous levels. In effect, Geithner altered Barack Obama’s car in the ditch story. You and I now know the bigger story: Obama, ACORN, and progressive Dems and Republicans pushed the car toward a 500-ft. CLIFF. G.W. Bush braked and steered the car into a controlled skid into a friendly-looking ditch.


1. The first ten problems are gnats compared to the herd of elephants in the room right next to us, because with all the unfunded liabilities we face (on top of the National debt and our present economic woes) including unbelievable Social Security, Medicare and the Federal Side of Medicaid obligations that amount to $112 Trillion in services the government owes its citizens but has refused to fund (which has been required by law lo’ these last 76 years). Throw-in the always unfunded welfare state and these unfunded obligations likely will hit $200 Trillion.


Ya’all live long, strong and ornery,

Rajjpuut

^^ Evidence is proved in a hundred places in my blogwork, but for now consider the man whose dreams Barack, Jr. referred to in his book "Dreams from My Father. Most of our fathers don't openly advocate 100% taxes; or redistribution of wealth from Kenya's Asian and European populace to its Blacks; or communal ownership of property http://www.politico.com/static/PPM41_eastafrica.html

** http://www.amazon.com/exec/obidos/ASIN/1893554058/lewrockwell/ or in novel format . . . .

http://www.johnsandford.org/prey15r.html

Read more…
61% NOW Say “Government, STAY OUT!" of Housing Markets
The latest Rasmussen Reports poll says it all . . . ultimately, that infamous creature H.L. Mencken called “Boobus Americanus” gets exactly the sort of government it deserves. Clearly, the great unwashed masses called for and deserved Barack Obama, Nancy Pelosi, Harry Reid and all the progressive Republicans and Democrats now poisoning our system and they got ‘em. When it comes to politics and government, ignorance is NOT bliss and for far too long the Boobus Americanus has willfully remained glued to their sitcoms and IRreality shows and ignorant of economics, politics, the Constitution and political history.
According to the latest Rasmussen poll, 61% of Americans say it is better for the economy when the government stays out of the housing market. That’s an eight-point jump since September and only 21% believe the economy is helped by the government using taxpayer money to subsidize new home buying as is currently the case through government programs begun last year. Much more importantly, 95% of Americans do NOT realize that the government has been guaranteeing mortgages to Americans who can NOT afford them for thirty-three years now – that is the government has been forcing banks and lending institutions to knowingly make bad loans since the passage of the Community Reinvestment Act of 1977 (CRA ’77) under Jimmy Carter. The latest programs from Obama are scheduled to end over the next six months during the first fourteen months under Obama, these programs have made the housing market even worse then they were and currently foreclosures are higher than they ever have been.
Look at those statistics: 61% believe it’s best when government stays out of the housing market altogether. 21% think the government helps the housing market and 17% don’t know what effect government interference boondoggles (GIBs) like mortgage guarantees bring. Only abject ignorance can account for these statistics. In September, only 53% doubted GIBs make the housing market stronger. Americans willfully stay ignorant and then they’re shocked, absolutely shocked when things go wrong: that’s the sad history of Boobus Americanus.
A year ago President Obama announced a national mortgage assistance plan and Americans did NOT jump up in arms knowing that four different mortgage guarantee programs by the government, or more correctly by progressives in the government (those who believe we must “progress” beyond the Constitution) were the driving forces of the sub-prime lending crisis that brought us to our knees. Americans continue to show little short- or long-term confidence in the housing market, and belief that the family home is a wise investment has fallen to its lowest point ever in our history. 64% of adults say it is at least somewhat likely that government intervention in the housing market has made it possible for people to buy homes that they can’t afford. That figure includes 32% who say it is very likely (the only intelligent people in the survey?) while the most foolish 28% believe it is not very or not at all likely that the government programs encouraged people to buy “too much house.” What rock have they been living under for the last 33 years?
The New York Times in April said “the Obama administration’s $75 billion program to protect homeowners from foreclosure has been widely pronounced a disappointment, and some economists and real estate experts now contend it has done more harm than good (DO YOU THINK?). … Treasury officials appear to have concluded that growing numbers of delinquent borrowers simply lack enough income to afford their homes and must be eased out.”
The New York Times has been backing progressive causes and progressive politicians since John the Baptist first took swimming lessons and only now do they tell us that government interference in housing is a bad idea? What, pray, NYT do you think about government interference in every other non-government sphere of our lives?
Let’s first look at the sad and deplorable history of this GIB (government interference boondoggle) called ‘mortgage guaranteeing.’ Since World War II the United States’ already high rate of home ownership tends to vary from 61-65% depending upon the economy, the highest in the world. The CRA ’77 under Jimmy Carter, forced banks to make bad loans in the inner cities to potential buyers they would have rejected in a heartbeat for earnings or credit history. In ’92 Freddy Mac and Fanny Mae, the two semi-federal mortgage companies were forced under the CRA program to help guarantee such mortgages, Bush #1 was not crazy about the idea but an election was coming up and he would NOT veto.
Under Clinton, in ’95 and again in ’98 forced loan expansion continued within CRA continued. The ’98 expansion put the whole system on steroids and with the help of ACORN put us into our present debacle. ACORN with lawyers like Barack Obama (he worked for them in ’94- 96 at least) shaking down banks and other lenders forced terribly ill-advised loans to people with no rental home address; no ID; no job; horrific credit ratings; and even to tens of thousands of illegal aliens. Americans have shown no interest in this problem . . . and the mainstream media has only been too glad to keep them in ignorance about this monstrous progressive gutting of our financial stability. Let’s look at reality a bit more closely.
Since the USA had the world’s highest rate of home ownership (typically 64%) then the free market system must NOT have been broken. Congress’s “repair of the free market system was a huge attack on the landlord class. That is, an attack on the self-made man or woman . . . those most exemplifying the American Dream. Most Americans are too busy keeping up with the Joneses these days to truly understand the American Dream.
Most Americans foolishly believe that millionaires got their money from mummy and daddy and live flashy lives with mansions, glitzy cars and a jet-set lifestyle. This may be true for some Americans but it is NOT the way millionaires are made and it’s definitely untrue of most millionaires. The typical self-made millionaire family consists of two married teachers or a teacher married to someone with a profession. They are frugal and keep their debts ultra-low. They might try a bit of investing in the stock market, but most typically they buy a bit of rental property (houses, condos, townhouses and apartment buildings) and become landlords and landladies. These are the people that CRA ’77 and its expansions targeted: the very best in America. Almost surprisingly they wind up with assets of two or three million dollars . . . and what exactly is their crime? They provide low-income workers and transient workers (some of whom are not low income) with affordable housing. For this service they are vilified by the progressives who pass laws to make their financial existence perilous.
Back to Rasmussen’s polling: 67% of Americans believe if someone cannot afford to make increased mortgage payments, it is better for them to sell their home and find a less expensive one, a 10-point increase from December 2007. Just 23% now say it’s better for the government to assist them in making their payments. In December 2007, 54% placed the blame for the mortgage crisis on “individuals who borrowed more than they could afford” -- while this is true, in their ignorance Americans put no blame on ACORN; no blame on progressive politicians who passed four ever-increasing GIBs; no blame on shake-down artist lawyers like Barack Obama; no blame for the mainstream media that conveniently never chose to cover this story; and, most importantly of course, no blame for themselves for NOT staying informed and for NOT voting against progressive policies and politicians while always looking eagerly for the next free lunch (GIB or GSB**) from them. In other words Americans either still remain ignorant of the truth or they are willfully denying our reality and their role in creating it.
And one last bit of statistics from the Rasmussen Reports story: Four percent (4%) say they or someone in their family received government help in the past year to buy a home or meet mortgage payments. Ninety-three percent (93%) say they did not. Six percent (6%) of Democrats and five percent (5%) of voters not affiliated with either major party say they or someone in their family benefited from government housing help in the past year, compared to one percent (1%) of Republicans (you know them, the self-made millionaires). Rajjpuut would add that the single best way to help the poor is to ensure that you never become one of them and end up competing for their resources. The second best way to help the poor is to step out of the free market’s way (by cutting taxes Ronald Reagan created 21 million jobs in his eight years in office). The third best way is to cut government spending.
Here's something else most Americans don't know . . . . Our progressive president Woodrow Wilson left us with a depression as great as the one inherited by the much-ballyhood progressive Democrat FDR who inherited a mess from Progressive Republican president Herbert Hoover . . . but no one ever heard of that depression. Why?
President Warren G. Harding and his Vice-President Calvin Coolidge (after Harding died in office) cut BOTH taxes and spending by roughly 50% and the problem cleared up by mid 1922. within 19 months of them taking office. In contrast, Roosevelt who ran under pledges to act like Harding and Coolidge and cut both taxes and government spending acted instead like Barack Obama and proved himself a liar when he made those pledges, thus extending the Depression to almost a dozen years until the war bailed him out. Not to mention FDR’s stealing American’s gold by forced confiscation at $20.76 an ounce and than inflating the American currency to $35 an ounce . . . an almost 70% overnight inflation. Europe and the rest of the world had a Depression, American suffered a “Great Depression” thanks to Roosevelt’s GIBs and GSBs. Think about this Roosevelt created 40 brand new federal agencies with 40 new laws. BHO with his Obamacare – one law – created almost 390 new agencies. Enjoy your free lunch, Americans!
Ya’all live long, strong and ornery,
Rajjpuut
** Government Spending Boondoggles (GSBs) and Government Interference Boondoggles (GIBs) UNIFORMLY hurt the economy and the taxpayer but they are UNIFORMLY popular because no one has read or understood these simple, brief truths:
and, of course, the man who wrote “Dreams FROM My Father,” Barack Obama did not mention that his birth father’s dream included 100% taxation . . . and the media never investigated and/or told us either:
and you’ll note that politico.com like the NY Times above is a very liberal and even progressive source . . . so perhaps there's hope for America.
Read more…