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The Real Cause of the Mortgage Crisis

 

With all of the issues on Wall Street have you noticed how quick the mainstream media and liberals are to point the finger at corporate greed and the Bush Administration?   The reality is we are once again facing a crisis created by liberal idealism that can be traced back to a Clinton mandate that anyone who wants a home is to get a home regardless of credit worthiness.  

This utopian vision may work out quite well in the Communist Manifesto but the reality is it has failed our nation and resulted in some of the biggest financial failings in history.   However, this is the credo of Democrats because they live for crisis and failure because it generates negative news and fosters a culture of victimology.  

In steps B. Hussein Obama, our messiah and savior who is going to part the waters and make everything alright.   He has already put together an ad blaming John McCain and George Bush for a financial crisis that was actual brought about by failed liberalism. 

Historically it takes at least a decade for the failure of liberalism to surface. Look at the War on Poverty, the Great Society or School Bussing. All were abysmal failures that have seriously decimated our society.   Next take a look at the failure of social security or elder health care. In the housing market take a look at Fannie or Freddie with their government guarantees on loans simply because of the color of ones skin. All failures as the result of onerous government rules and regulation. 

In this election we have a candidate who believes that this is the type of change that we need.   He got his start as a community organizer under the tutelage of Saul Alinsky, an avowed communist.   Alinsky’s approach to achieving domestic Marxism was somewhat different than other radicals, as he was not vocal. Rather, he wanted to covertly enter into and take over established institutions, as has been achieved in government academia.  

Liberalism and Chicago are synonymous and Obama became the standard bearer for the Chicago political machine which runs the most corrupt city in the nation. Since January there have been 292 murders in this city compared to 221 in Iraq.   Illinois has a $44 billion dollar debt on their state pension fund yet Obama made millions in shady land deals with convicted felon Tony Rezko.   Chicago has a 10.25% sales tax to fund these politicians who have unfettered access to a culture of crime and corruption. 

Failed liberalism is the political culture of B. Hussein Obama who understands the Alinsky model of playing the game, infiltrating and destroying a sector of the capitalist enterprise. This is precisely the game that is being played in the financial markets as the government gets more and more involved.   

Once could argue that the fed should be commended for their lending AIG a helping hand in the time of need.   They could, but wouldn’t the better argument be that AIG would never have been in trouble had it not been for intrusive government?  

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