George Bush saw Obama, Clinton, ACORN, and other progressives deliberately pushing the car (the economy) toward a 500-foot cliff (utter financial disaster) dived into the front seat, grabbed the steering wheel and slammed on the brakes creating a controlled skid that put the vehicle into the nearest friendly-looking ditch.

“President G.W. Bush warned congress at least 20 times about the problem after January, 2005, when his administration made their first attempt to undo the evils of CRA legislation, especially the last three expansions by Clinton (1995 twice and 1998’s steroid version), but were defeated by the progressives. Finally thirty months later in July of 2007 a much weaker, watered down bill was passed by bi-partisan vote. It would prove far too little, far too late and the meltdown began soon afterward. However, it was sufficient help to the economy that Treasury Secretary Geithner in August, 2010, credited Bush with preventing a truly deep recession and preventing home prices from plummeting dangerously.” Rajjpuut

George Bush saw Obama, Clinton, ACORN, and other progressives deliberately pushing the car (the economy) toward a 500-foot cliff (utter financial disaster) dived into the front seat, grabbed the steering wheel and slammed on the brakes creating a controlled skid that put the vehicle into the nearest friendly-looking ditch.

Damn You, Republicans, Damn You!

The Truth Shall Set You Free

“President G.W. Bush warned congress at least 20 times about the problem after January, 2005, when his administration made their first attempt to undo the evils of CRA legislation, especially the last three expansions by Clinton (1995 twice and 1998’s steroid version), but were defeated by the progressives. Finally thirty months later in July of 2007 a much weaker, watered down bill was passed by bi-partisan vote. It would prove far too little, far too late and the meltdown began soon afterward. However, it was sufficient help to the economy that Treasury Secretary Geithner in August, 2010, credited Bush with preventing a truly deep recession and preventing home prices from plummeting dangerously.” Rajjpuut

Those Kate Winslet aficionados among you are undoubtedly big fans of her 2008 movie The Reader. The haunting story garnered several Academy Award nominations including Winslett’s 6^th for Best Actress (she’s had seven Golden Globe nominations). Of course, Winslett won the Oscar for The Reader. Without ruining the story for you, the plot goes something like this: a fifteen year old German boy is rescued by an older woman in the mid to late 1950’s. Some months later when he is well again he goes to thank her and is captivated by her romantically and eventually sexually. The boy grows up and goes to law school . . . while on a “field trip” he sees her again, on trial potentially for her life.

The theme of The Reader is almost shocking in its power . . . sometimes mundane hidden personal truth can be far more personally devastating then other seemingly obvious and horrific truth. And, GASP! that’s also the theme of this blog . . . why won’t the Republican Party reveal the truth about the financial meltdown that began in 2007? Rajjpuut has come to believe that some comparatively innocent failings of both a personal and party nature are so embarrassing to the G.O.P. that even though the truth about this issue can literally rescue the country from our present headlong plunge into Marxism and fiscal collapse, the Republican leadership and conservatives in general are ashamed to ‘fess up.

Here’s the truth (immediately below); why won’t the G.O.P. reveal it to the voters and save the country? Whatever the reason, it’s time for Republicans and conservatives to ‘man up’ and stop the present Obamanation of American principles, the free market, fiscal common sense and human decency. Time to save our children’s and grandchildren’s future. The villain is NOT Barack Obama, he’s only a minor villain . . . .

It’s well known that the American housing loan industry was the finest in the world before progressive legislators got involved. Our sparkling 64% private ownership of homes was the envy of the planet. Sub-prime lending (that is lending to people who probably can’t afford their mortgage and will default on their loan unless they win the lottery) was unheard of. Banks that failed just failed in those days and the government only stepped in on those rare occasions when something went very wrong in order to protect the depositors. Only 1 in every 404 home loans was made at less than 3% down payment in 1975, almost always to distinguished veteran officers from our military who were going to college and working part time. More than any other single person, Bill Clinton changed all that.

It’s NOT well-known that Bill Clinton was the first ACORN president, but he was. ACORN (originally “Arkansas Community Organizations for Reform Now”) was the brainchild of Wade Rathke created in Arkansas in 1977 to take advantage of Jimmy Carter’s Community Reinvestment Act of 1977 (CRA ’77). Much later when ACORN proved itself successful in Arkansas it was expanded across the whole nation, the “A” in ACORN stopped meaning “Arkansas” and came to mean “Association of.” Bill Clinton obviously was a political comer (elected Arkansas lieutenant governor in 1976 at the age of 30), but his politicking was made much easier with the backing of ACORN over the next 18 years. ACORN helped Clinton win the governor’s mansion in Arkansas 12 of the next 14 years as well as two terms as president of the United States. It happened this way . . . .

Wade Rathke, was a George Wiley lieutenant sent to establish a National Welfare Rights Organization (NWRO) branch in the state of Arkansas. NWRO had been created by Wiley and Richard Cloward and Frances Piven in NYC to test out the Cloward-Piven Strategy (published in a 1966 article in The Nation magazine, The Weight of the Poor: a Strategy to End Poverty) and they planned to sufficiently overload the nation’s welfare system so that Congress would have to create a GNI (guaranteed national income) Law and abolish American poverty on the spot.

It didn’t work, but using Alinsky tactics (Saul Alinsky was a self-described “neo-Marxist” community organizer who had authored Reveille for Radicals and later Rules for Radicals) but by putting 8.2 million presumably unqualified new recipients on the welfare rolls, they did bankrupt New York City and almost bankrupt New York State. The federal government stepped in to bail out NYC in 1975. Despite their failure to get GNI and abolish poverty, Wiley, Piven and Cloward bragged publicly and in writing about their ‘great accomplishment.’ They told their eager followers that voter registration and housing were the next areas to test. Not surprisingly, ACORN today is known for voter registration fraud and exploiting and abusing the nation’s housing legislation . . . .

So Wade Rathke (who would later create the nation’s and the world’s largest union SEIU) created ACORN in Arkansas to carry out voter registration and housing “activities” of a highly questionable nature. ACORN during Clinton’s first run for governor in Arkansas registered roughly 24,000 persons to vote and then threw away all the paper work for would-be Republican registrants. Clinton won, of course. They were less successful in getting CRA ’77 housing loans. But thanks to their efforts (mostly in Arkansas), the percentage of home loans made at 3% down payment or less around the nation more than doubled from 0.24% in 1975 to 0.51% in 1985 . . . but it was a “drop in the bucket.” From 1977 to 1993 only about $100 Billion in CRA ’77 loans were even issued to questionable borrowers. This was nothing like bankrupting NYC . . . .

However, because of success in registering Democrats, ACORN was successfully expanding across the nation and was sufficiently strong to put William Jefferson Clinton into the Oval Office in November, 1992. Things changed overnight for ACORN and for CRA ’77. The process had not been very active or very successful during the ‘70s or ‘80s, because banks only had to demonstrate to CRA regulators a “reaching out to the inner city.” As a result, only about 100 billion dollars was loaned to questionable borrowers. In the two great ACORN concern areas, Clinton did ACORN proud. He created the motor voter act (“a 12-lane highway leading to voter fraud” according to critics) in 1993 and brought in Richard Cloward and Frances Piven to stand directly behind him during the White House signing ceremonies. Clinton moved next on housing . . . first by Presidential edict in 1993. He put teeth into CRA regs by using the regulatory process itself to more or less make law, skipping Congress altogether. From now on inner city dwellers were to become preferred home loan recipients, mortgage traditions and their poverty be damned. Clinton went outside the CRA regs and also ordered HUD to set quotas for "Affirmative Action Lending" through Fannie Mae and Freddie Mac. A new pressure fell upon the banking industry to make loans that banks would otherwise have rejected as “financially absurd.”

Subprime lending was virtually unknown before the multiple changes made by Clinton. The system was no longer recognizable as “free market.” Then it snowballed with more regulatory change and then two expansions of CRA law in 1995, the Clinton administration forced banks to loan more than a trillion dollars in high risk loans accepting as “income” items like welfare checks, unemployment checks, seasonal income, occasional part time work and other questionable sources of “qualified income.” By the end of 1995, 14% of all home loans were conducted with less than 3% down payments, many of them with no down payment at all.

With ACORN in the streets embarrassing and badgering and shaking down lenders (Barack Obama, an ACORN lawyer in Chicago, was reportedly one of the best at not only securing loans and future loan promises but also at getting large ACORN donations from the lenders he was shaking down!) and with officious federal regulators promoting and pushing and applauding bad loans not only with “the stick” of CRA and HUD but also using Fannie Mae and Freddie Mac as “carrots” due to their nature as implicitly guaranteed by the federal government. Millions of loans were made, often at breakneck pace in the normally snail-action world of mortgages.

In 1998, Clinton’s steroid-expansion of CRA law was passed. It was a nightmare. Now “food stamps” were regarded as income. Now ACORN found that they didn’t need high-powered extorters like Barack Obama, anyone with an eighth grade education could secure a loan for an ACORN client . . . and they found that it was now just as easy to get a poor person into a $450,000 home as it had been to buy a $120,000 home ten years earlier.

President G.W. Bush warned congress at least 20 times about the problem after January, 2005, when his administration made their first attempt to undo the evils of CRA legislation, especially the last three expansions by Clinton (1995 twice and 1998’s steroid version), but were defeated by the progressives. Finally thirty months later in July of 2007 a much weaker, watered down bill was passed by bi-partisan vote. It would prove far too little, far too late and the meltdown began soon afterward. However, it was sufficient help to the economy that Treasury Secretary in August, 2010, credited Bush with preventing a truly deep recession and preventing home prices from plummeting dangerously. And ACORN, even as they got loans for illegal aliens and people without even a rental history, they were getting paid to market CRA loans and made millions as a result.

All of this corruption enforced by strong-armed government agencies put millions of people into homes they simply could not afford. This caused an artificial feeling of financial prosperity for everyone and trillions of dollars were going into bad investments including derivatives based upon these horrific loans. Now, 90% of these laws are still on the books while the tax payer must pay for millions of past risky loans and are forced to bail out the irresponsible banks, insurance companies, automobile companies and Wall Street. Until we totally remove the government’s power to coerce, bribe, reward and bail out irrational and unfree decisions in the UNFREE MARKET, more of the same is always possible. The free market was working fine, so fine it took thirty years of deliberate abuse for the unfree market to bring America to its knees. Too much government? Yep! Blame it mostly on William Jefferson Clinton.

You did remember that the system originally wasn’t broken, right? You did remember that the progressives set out to manufacture a crisis a la Cloward-Piven Strategy and Alinsky Tactics that would “overload the system?” You have heard Barack Obama talking about somebody else driving the car in the ditch and now wanting the keys back, haven’t you? Are you going to ignore the evidence and head back to your sitcom? How about thinking this over . . . ?

George Bush saw Obama, Clinton, ACORN, and other progressives deliberately pushing the car (the economy) toward a 500-foot cliff (utter financial disaster) dived into the front seat, grabbed the steering wheel and slammed on the brakes creating a controlled skid that put the vehicle into the nearest friendly-looking ditch.

So Monica, Paula and Jennifer weren’t the only ones, were they? Slick Willy also had his nasty way with you and with all the American public . . . .

Ya’all live long, strong and ornery,

Rajjpuut

Nine Huge Political Lies

Doom Recovery Hopes

“Give us this day our daily bread and forgive us our debts and our trespasses as we forgive our debtors and those who trespass against us, and lead us NOT into temptation, but deliver us from evil . . . .”

1. Lie: Jobs saved and unemployment are meaningful statistics.

Truth: Only two statistics matter: total jobs in the economy and total people without jobs. Jobs can be lost or gained and those can be accurately measured, but “saving a job” and more particularly saving a government job (or a union job; or a unionized government job) which is 96% of the time what’s being talked about . . . means that tax money was diverted from private individuals and private business to prevent loss of “fluff” jobs that could not survive in the free market. Typically 2.1-2.4 real jobs in the private sector are lost when any government job is created. Our present unemployment numbers are fallacious because they don’t show the true numbers of people without jobs or those who are “underemployed” nor those who’ve been forced to take lesser jobs after losing a better one. Jobs saved and the present unemployment figures are statistical lies created to make economy and government sound much better than they are. Truth shall set us free.

2. Lie: Nazis were Fascists and both Nazis and Fascists were Conservatives and Communism is the opposite of both Fascism and Nazism.

Truth: Nazis controlled the economy through socialism, they were literally National Socialists and their literature said their controlled economic plan was “neither capitalism nor communism.” Fascism is created when labor unions take over the corporations. Communism is the most extreme form of socialism where the government owns everything, both the means of production and distribution, and also controls individual lives and careers almost totally. Nazism, Fascism and Communism are all leftist (a.k.a. liberal, a.k.a progressive) schemes for controlling a nation’s economy and all are particularly vulnerable to totalitarianistic rule. This lie is ultra-important because, today’s progressives have been using the terms fascist and nazis to scare people and to make leftism (communist-leaning socialism) seem so much more attractive. Capitalism is NOT a perfect system but its been the most liberating and most prosperous of all economic systems since its creation. These lies are tied to the progressive-left’s unabated attacks on capitalism.

3. Lie: Communism is a benign economic philosophy that has lifted up many countries throughout history.

Truth: while Hitler’s genocide against 6 million jews is well documented, many people believe Communism is not only the opposite of fascism and nazism but is actually benign and even beneficial. This is the most monstrous lie in history. Communism killed roughly 122 million people (100 million in peace time) during the 20^th Century, over nine times what Hitler killed from all over Europe. The word genocide is well-known but “democide” (the killing of a country’s own people by its government) needs to be understood. Nazism was also guilty of democide: German Jews, gypsies, Jehovah’s witnesses, homosexuals, mentally retarded, handicapped, intellectuals and political prisoners amounted to perhaps three million of the thirteen million killed by the nazis. The great cultural hero Mao killed 55 million Chinese, all in peacetime. That other great cultural hero Che said he lost count of how many Cuban prisoners he’d personally killed sometime after the 150^th. Truth makes those T-shirt heroes really stink. The progressive-left embraces communism and sees our present socialism as just a by-way to that end. Creeping socialism has shackeled the country for the last 77 years. More on this later.

4. Combined lies: Racism goes in just one direction and feminism has made the country better.

Truth: Racism and other prejudicial ‘isms’ like anti-semitism are found in all peoples and have been throughout history. All racism is based upon the lie that despite our basic shared humanity, some people are more preferable than others. The United States is a Republic that uses democratic principles . . . but more than anything else, the United States was created as the world’s first meritocracy and that’s been the reason for the country’s great desirability in so many outsiders’ eyes. Today, however, we have government sponsored racism called affirmative action. We also saw 4.2% of Black’s in 2008 voting for the White presidential candidate and 48% of White’s voting for the Black presidential candidate (more than their party’s candidates Gore or Kerry received in either 2000 or 2004) and yet the huge lies that White racism is the big problem or that Black racism doesn’t exist continue to be believed and propagated.

Truth: Feminism as opposed to (the women’s movement) has been an utter disaster for American families, children’s well-being and created more poverty than any other single factor from 1960 to 2010. To clear up the confusion between Feminism and the Women's movement, Rajjpuut put his ex-wife through law school and later when she became a municipal judge was (she said) the single greatest factor in her preparation for that role and success in her televised job interview. Rajjpuut also was his daughter's first teacher and coached her into a chess champion and outstanding soccer player and track half-miler (she still owns her junior high school’s record). Later she won an academic and scholastic scholarship. Rajjpuut believes in women and men reaching their unfettered full potential but sees feminism as about 80% anti-man. (“A woman needs a man like a fish needs a bicycle.” Every act of sexual intercourse, even on the marriage bed, is an act of rape.” “Men have enslaved women and exploited them throughout history.”) The truth is that women’s bodies and scientific ignorance has been about 90% of the enslaver and exploiter of women throughout history. When devices like the sanitary napkin; tampon; birth-control pill and other contraceptive means became available, women in America became much freer. Unfortunately, the progressive movement especially in the Democratic party chose to exploit the gains of the women’s movement and the gains of the Civil Rights movement with many false tales of victimization (of course there was some truth there especially originally, but today’s victimization lie is just a scheme to get large classes of people – women and blacks – perpetually hooked upon their Democratic party). The predominant Democrat majorities in congress for the last half-century have brought us the creeping socialism mentioned above and as long as Black’s and women vote mostly one way in predictably leftist patterns it’ll be difficult to break away from this mold.

5. Lie: The Rich are your enemies, tax the hell out of them to make the country better.

Truth: who would you rather have move into your neighborhood, 100 rich people or one hundred poor ones? The fact of the matter is that rich people are responsible for 85% of job-creation via investments or small business creation. Additionally, the rich have far more disposable income and spend far more which is necessary if present businesses are to continue to prosper. The worst way to help the poor is to tax the rich . . . they just pack up and move out and leave impoverished circumstances behind. The best way to help the “poor” is to allow the rich and the entrepreneurs and the innovators to create an overall prosperous tide that “lifts all boats.” America’s 10% most poor are richer than the middle class in about two-thirds of the world. Tax the rich and you make everyone poorer as they exit your state or country. Reward the rich and the general prosperity that occurs rewards everyone. America has always been the land where everybody felt they had a decent chance of becoming rich someday and where each generation left their children better off than they used to be.

6. Lie: Socialism works well and protects the poor.

Truth: Socialism rewards indolence, taxes innovation, creativity, hard work and job creation and creates poverty. Government programs also never work even a small part as well as they are advertised when created. For example Obamacare is one new law that creates 388 brand new government agencies (10 times as many as FDR created during more than twelve years in office). You used to just be able to visit a doctor or a hospital . . . now you have 388 bureaucratic agencies between you and that happening. Who’s going to pay for all that paperwork? The Congressional Budget Office (CBO) has now admitted that Obamacare will give us $3 Trillion more debt than before estimated by 2020; and unlike the president’s promise . . . abortions are now federally-funded. Most importantly, government programs are infamous for their unintended consequences . . . like killing people who can’t be seen by a doctor.

7. A nasty complex of lies: Lack of regulation for Wall Street created the present problems. The Government can create jobs. If a system is NOT broken, government tinkering can make it better yet. George W. Bush and the Conservatives put us into ditch.

Truth: Lack of enforcement of the laws already on the books for Wall Street, did not help. Those laws are still not well enforced and definitely those who break them are not well-punished. The government can NOT create jobs . . . government involvement to do so typically costs more than two private sector jobs for each government subsidized job. The problem is way too much government and not to little. Let’s examine housing . . . from 1946 to 1992, the United States boasted the highest private ownership of housing in the world 62-65%. Today we’re in second to Canada. Briefly due to government interference in housing we got to 69% but the sub-prime lending crisis created by government interference brought the present financial meltdown upon us? How did this happen?

Most progressives are well-intentioned and want a perfect world. In 1975 fewer than 0.25% of all home loans allowed downpayment of 3% or less. The U.S. system for housing was not busted. Progressives tried to tinker and make it better with the Community Reinvestment Act of 1977 a mortgage-guarantee law designed to get poor people into homes they could not afford. In 1985 little was changed except now 0.50% of all home loans required 3% downpayment or less. In 1992, they tinkered again expanding CRA ’77 with a little provision inside a much bigger law that required the two federal mortage giants Freddie Mac and Fannie Mae to get involved in mortgage-guarantees for the poor. In 1995 that law was expanded twice more. By the end of 1995, 14% of all homeloans, one in seven, were made with 3% downpayment or less. In other words, 57 times as many ultra-risky home loans were being made in ’95 as had been made in 1975.

In ’98 a steroid-version law for mortgage-guarantees for the poor was passed. By 2005 34% of all home loans were made at 3% downpayment or less. That means 138.5 times as many highly risky loans were granted in 2005 compared to 1975.

Putting the whole thing together, George W. Bush did NOT put the U.S. economy in the ditch. These risky sub-prime mortgages that progressive law makers created and expanded four times did . . . in fact . . .

Some progressives are not patriotic Americans in the normal sense of that phrase but would prefer to destroy the present system and replace it with a Marxist-socialist state. For example, in 1966 two Columbia University (NYC) progressive professors named Richard Cloward and Frances Piven published an article in the Nation magazine “The Weight of the Poor: A Strategy to End Poverty.” Desiring GNI (guaranteed national income) for all . . . Cloward and Piven opined that if an aggressive drive was launched to get every potential person possible on the welfare rolls, the new strain on the system would create such problems that the Democratic left wing would feel compelled to pass a GNI. They enlisted Black radical community organizer George Wiley and in 1967-68 created the National Welfare Rights Organization (NWRO) to test their theory out. In the next two years they added 6.3 million new welfare recipients . . . by 1975 they had bankrupted New York City and come withing a whisker of bankrupting New York State. Even though they didn’t succeed in getting a GNI, the threesome bragged publicly about their “great accomplishment.” C-P told their followers that the next “breakthroughs” should come in housing and voter registration. When the CRA ’77 mortgage-guarantee was passed, that same year, Wiley sent a lieutenant named Wade Rathke to Arkansas to create ACORN. The original A in ACORN stood for Arkansas and only later came to mean “Association.” ACORN went to work at first unsuccessfully on voter registration and housing. They also aligned themselves with an up and coming Arkansas politician Bill Clinton who’d become Lieutenant Governor at age 30 in 1976. Both Clinton and his wife were great fans of Cloward, Piven and radical self-proclaimed “neo-Marxist” community organizer Saul Alinsky, author of “Rules for Radicals” the book that so inspired Cloward and Piven. Within a year Clinton was elected Arkansas governor and continued to hold that position for 12 of the next 14 years until he became the first ACORN president. After the first expansion of CRA in 1992, ACORN was able to totally subvert the housing system in the country. After Clinton’s two further expansions in ’95 and his steroid version expansion in 1998, ACORN became an unstoppable force in the housing industry . . . but first . . .

In 1993 Clinton passed the Motor Voter Act (which conservatives called “A license for voter fraud”) and the official signing ceremony photo shows Clinton at a desk with Cloward and Piven standing directly behind him. ACORN finally had the tools for subverting the voting process. From late 1994 to early 1997 a new community organizer Barack Obama who’d teach “Rules for Radicals” classes in Chicago began working for ACORN in Chicago as a lawyer shaking down home lenders to comply with the fiscally-irresponsible CRA ’77 and its first three expanisons to give unjustified home loans to very risky clients. When Clinton’s steroid expansion of CRA ’77 was created, Obama was gone, but there was nothing stopping ACORN now. 34% of all home loans were risky ventures given to people without ID; without jobs; without income other than food stamps; without even a recent rental history; on welfare; with abysmal credit ratings; illegal aliens and other horrific risks.

In November, 2003, James Stack of Investech.com investment advisory service began running a chart of the “Housing Industry Bubble.” The graph would run continuously for parts of the next five years. Stack said not only were home prices jacked up way too high; more importantly the stock market offerings for housing industry stocks had jumped to 1400% of their 1992 value and that bubble was sure to collapse soon. Within six months the bubble-popping began. Stack blamed the problems on a very serious sub-prime lending crisis. By this time ACORN had discovered something wonderful, they could use the mortgage-guarantee laws to get a risky loan for an qualified client, even an illegal alien for $400,00 almost as easily as they could for $120,000.

By January, 2005, the Bush Administration had come to believe the analysis of James Stack and others and sought to pass a law undoing most of the three latest expansion of CRA ’77. A few progressive Republicans and virtually every Democrat defeated their efforts. Finally, in July, 2007 a watered-down and almost-impotent version of Bush’s Jan., 2005 effort was passed with mostly Republican support. It would, of course prove way too little, way too late. However, two weeks ago Treasury Secretary Timothy Geithner risked the wrath of the Obama Administration by saying that Bush’s effort had saved the day. “Without his law in 2007, housing prices would have fallen faster and further and the recession would have been much, much deeper . . . “

In other words, far from driving us into a ditch Bush was a hero: while the radical-progressives of the Democratic (with a handful of Republicans) Party were pushing the car toward a 500 foot cliff, G.W. Bush jumped in grabbed the wheel and hit the brakes to create a controlled skid that put the car into the nearest friendly ditch.

The widespread ignorance of this TRUTH and the belief in the Obama-generated car-in-the-ditch-by-Bush LIE means the guilty will be rewarded by re-election and allowed to continue undermining the country and the laws and actions abusing those laws that put us into the tailspin will continue to dominate our lives. NOTICE: about 85% of the five mortgage-guarantee laws are still in place ready for the next time the new ACORN clones wish to continue their attack upon our country.

8. Lie: Once we get our heads on straight and solve the present jobless crisis and our national debt, all will be well.

Truth: Sorry friends, the economy is not just sick, it’s on its death bed. The lethal germ? Unfunded liabilities. For example, In 1935 as a culmination of FDR’s earliest socialistic moves, Social Security was created. Three things you should know about Social Security 1) it was designed to tide over the very few people who lived beyond age 65 (not many women worked and most men died by age 55). And 2) Social Security was legally designed to be a pay as you go program . . . but social security money set aside was never kept in a separate fund but was raided by congress virtually every year since its creation so today we have no money in social security. 3) People live far longer today and Social Security has never responded to that fact, so of course, people receive Social Security far longer straining the system more.

In 1965 as part of progressive-Democrat Lyndon Johnson’s “Great Society” programs Medicare and Medicaid were added as programs designed along the Social Security model. They were also never funded. Today . . . Social Security, Medicare and the Federal Side of Medicaid are responsible for $114 TRillion in unfunded obligations of the country to its citizens (mostly an older population). Additionally, the new Obamacare laws are poised to bankrupt the individual states by shifting more of the Medicaid burden to them. Unmentioned for years now is a further $116 Trillion in unfunded obligations created by the welfare system. It’s definitely made a quagmire of our present financial condition.

9. Lie: Bailouts and stimulus eventually make the economy stronger and create jobs.

Truth: The first big federal bailouts were in 1975 for New York City and in 1979 for Chrysler Automobile. Because of the bailouts the underlying messes (the welfare system for NYC, New York State and the entire country; and incompetent leadership for Chrysler) were never addressed. Pushing problems off into the future never solves them. Creating more government and more government spending boondoggles and more government interference boondoggles never solves the problems but only stifles the free market’s ability to deal with problems. Let’s look at the Auto industry bankruptcy personally choreographed by President Obama and the bailout that tied into it.

Unions were given money they had no right to, unions were big Obama voters as you know. The money to make the unions part owners of the Auto Companies themselves (remember the definition of “fascist,” do we?) was stolen from certified creditors who by 223 years of bankruptcy law should have received their share of the bankruptcy spoils. GM and Chrysler saw their debts wiped out and were given bailout money equivalent to $14, 478 per car. Ford which had run itself far more responsibly now finds itself competing against companies the government favored.

Ya’all live long, strong and ornery,

Rajjpuut