I have a little different version, it's called...Why I'd give up a kidney before I vote for Berry.
Shortly after Obama took office, news came out that there had just been a U.S. drone strike in Pakistan. I could almost feel some of his supporters
let out a confused cry. I saw people at home, and on ATS, scream of buyers remorse, and voices cracked. For some, that was all it took, because they
The false hope of change plunged, like a knife, and painfully deflated their puffed out chests, because some actually believed it could never be true,
not him. Getting let down, like that, had to hurt.
I only mention that, because I'm sitting here looking back, and trying to figure out where all the focus was while we were being robbed blind. Nobody
was watching, not where we should have been. Yeah, I'm talking about the housing crisis, and quite possibly the biggest heist ever known to man.
Why is it, one should be asking, did the new president and his new "sheriff in town", Eric Holder, never produce a single criminal case
against the big banks or mortgage service companies?
They were, after all, put in charge of the madhouse right after this all went down.
It was the new administrations duty to bring justice for the American people, in fact, the world over. Not Bush's, not Clinton's, but Obama's.
Nobody else has been holding those unused handcuffs ever since, period.
What do you think they're going to do, blame themselves?
In 1992, based on a faulty Bosten Fed report, completely void of evidence, and co-authored by Hillary's pal, they somehow came to the conclusion that
the higher rejection rate among minorities was purely the result of "Racist Banking Practices".
To "fix it", they beefed up the "anti-redlining" regulations of the CRA, basically forcing the lenders to ditch their old rules, lower their
underwriting standards, and give loans to those who wouldn't have qualified otherwise. It was a recipe for disaster.
Standing right there, though, were none other than Eric Holder, Janet Reno's deputy, and nobody Obama, who filed one such lawsuit against Citi
They intimidated banks, threatened them with lawsuits, and marauded around like pirates throughout the financial sector. Multiple government agencies
were sent out to harass the banks and even forced several to open in hand picked neighborhoods.
The only numbers they ever looked at though, was the percentage of minority applications approved, and completely ignored all common sense. They
never once looked at the actual decay of the lending process.
The banks increased D/I ratios, reduced or eliminated downpayments, and even counted unemployment checks and food stamps as income! You can't make
this crap up! NINJA!
This is what opened the gates, and the predatory lenders, who got their commissions on the spot, went to town. They were no longer even allowed to
By the time it all fell apart, rating agencies were getting paid billions (by these same banks) to lie about the safety of "one of a kind
instruments" that investors like familys, schools, and even entire cities bought into. It was layers and layers of junk. The banks knew it, and
started betting against the very thing they were selling to you.
I'm sure that when I tell some of you that Bush actually tried to reign it in, back in 2005, I'll be called a liar before I can refresh the page.
The truth is, they tried, but the senate democrats called them racists again, and filibustered with only 45 votes.
Barney Frank, Chris Dodd, and practically all the other democrats fought tooth and nail in congress and insisted it was all running perfectly.
Look what he was handed though, right? I know, that's what his supporters always say, because they don't care to look beyond today's emergency, and
don't know any better.
Granted, in the beginning, congress only wanted to make it easier for more people to be able to own a home. That, to me, sounds like an honorable and
just goal, except it backfired in a way nobody had ever imagined, and was only instituted through sheer financial terror. The greed took it over from
there. Please stop with all the Bush's fault crap, idiots.
Back then, nobody even knew what had happened, only that we were all gonna die if we didn't bail out the banks. It was all too new, and all anyone
could think was "Holy Crap, how much?". Of course, to make you forget about that, along came the auto industry, and 250,000 union jobs.
"Gun Dealers, Trillions, Gun Dealers, Trillions", say that over and over a few times, then try to mentally set that on the scales of justice. Why
not the banks? Why, if they had the time to do an insider trading case here, a podink token there, did they not find the time to even attempt to go
after the people that just almost ruined the world, according to them.
Barack Obama and Eric Holder, alone, are responsible for our D.O.J.'s list of priorities, period.
What they say goes...
Holder and Breuer's connections at Covington & Burling, Timmy, "I'll get you from the inside" Geithner ,JP Morgan, Wells BofA, Citi, all of
Ask yourself, could he have surrounded himself with a more perfect set of anyone else on the planet that would ensure they all got away with it?
It makes one wonder if extending the ethics pledge under EO 13490 was more meant to hide something, because it sure doesn't seem he's used it for
The more layers I peel off this rotten onion, the more my eyes water for my country.
You guys do know that Libya asked for more security and Obama blew them off right? You'll only hear that from the Libyans though, not his lying
Dreamercare, Apologizer in Chief, Huggin the ladies for 45 minutes with that cheerful campaign smile, as 3 more embassys were trashed and burned, and
the bodies of our fallen were being delivered to his feet.
Oh god, I have to stop, otherwise I'm gonna run out of internet and never even touch current policy.
If he's re-elected, my coordinates are 39.4N 119.8W, just nuke me. It won't be as painful as watching the rest of you suffer too.
When Will the SEC Finally Go After the
Pretty convenient if you ask me, he probably just needs them to prop up on stage, in shackles, for the debates.