No more bailouts!

Well, Bob!!!! W did it, now it’s Obama’s turn.

Obama is out on the campaign trail on the tax payer’s meal ticket pushing new gimmicks and dangling more carrots to his sheep while they are waiting to get sheared. As he travels throughout the country he is collecting stimulus rebates from all those good old boys that were paid off with your hard earned cash. He will not stop his relentless quest to be the first man in world history to make socialism work.. I don’t think he will be spreading any of his personal wealth around after the next election. If he does spread some of that wealth around just remember it was your hard earned dollars.

REAL corruption:

http://www.democracynow.org/2011/10/25/goldman_sachs_v_occupy_wall_street

Prior to the current administration banks and lending institutions were encouraging home buyers to take loans that were of questionable value to the lessor. Now this program seeks to correct those errors in a fair and reasonable manner at the cost of the tax payer. The fact that Fannie and Freddie made these bad loans is not entirely the fault of the borrower, so some responsibility is placed on the backs of the tax payer for such gross errors on the part of the lender. This is only a fair means by which the borrower in not left holding the bag for taking what they were encouraged to take as a loan from freddie or fannie.

This is more of the same issue.
Bni
I was thinking, what does someone need to do to become an attorney? Law school, the bar, but what most people don’t realize is they have to swear an oath to the supreme court of the united states of america, to be an officer of the court. Also, they must uphold the constitution of the united states of america. There are no exceptions allowed, under constitutional law.
My thought is, these muslim attorneys are not really attorneys, or they are not muslim. Which is it? If they proclaim to be muslim, their only allegiance is to islam and sharia, by their own definition and admission. They are then guilty of perjury, treason, sedition, high crimes and misdemeanors and many other crimes. This is punishable by death in time of war. Are we not at war? If they have sworn allegiance to the united states supreme court, and to uphold the constitution of the united states of america, thus they are apostate and subject to death by sharia.
If they have not denounced islam and sharia publicly, then they have not denounced islam or sharia.
They cannot advocate sharia and islam, and say they denounced sharia and islam. Again perjury, high crimes and misdemeanors, treason, sedition. Again, the death penalty is on the table.
If our politicians do not proceed after these muslim attorney’s and charge them with treason, sedition, high crimes and misdemeanors, then those that do not charge these people with said crimes against the people of the united states of america and the constitution of the united states of america, will be charged with treason, aiding and abetting, sedition and aiding and abetting. High crimes and misdemeanors, aiding and abetting. And both will be prosecuted to the fullest extent of the law.
Anyone running for office that tries to side step this issue does not get my vote, that would make them co-conspirators. That means they could be charged with crimes against the constitution of the united states of america.

The 2012 Manifesto Civis

When an issue is so broad that it divides a Nation,
Attention must be directed to its resolve.
For: Every kingdom divided against itself
Will be laid waste … … … and if the Republicans
Drive out the Democrats,
Satan would be divided against Himself;
How, then, would his kingdom stand?”
~
Capitalism
Is a hangover from Feudalism? Even today corporations
Hold dead peasant insurance policies on their employees,
Naming themselves as the beneficiary.

That ruling power elite does indeed control the U.S. government behind the scenes has been attested to by many Americans in a position to know. Felix Frankfurter, Justice of the Supreme Court (1939-1962), said: “The real rulers in Washington are invisible and exercise power from behind the scenes.” In a letter to an associate dated November 21, 1933, President Franklin Roosevelt wrote, “The real truth of the matter is, as you and I know, that a financial element in the large centers has owned the government ever since the days of Andrew Jackson.” February 23, 1954
The CFR is the promotional arm of the Ruling Elite in the United States of America. Most influential politicians, academics and media personalities are members, and it uses its influence to infiltrate the New World Order into American life. Its’ “experts” write scholarly pieces to be used in decision making, the academics expound on the wisdom of a united world, and the media members disseminate the message.
These Corporate elite control the media, government, and all that supports their means of gaining power and wealth.

The Federal Reserve is the Central Bank of this New World Order and has even gained control of the Activist Supreme Court.

A large percentage of the people believe that their congressmen would SELL their votes.

The Corporations and the Wall Street investment bankers funnel the money through their lobbyists, while the People are fed the Opiate that the right to vote will prevail., or that they too may become one of the Ruling Elite.

Are we really to believe that our Founding Fathers, with all their wit and deliberation, concluded that to be born in this country and having reached the age of thirty-five were ample qualifications to be President?

Or did they plant an Ambiguity in the second amendment of the US Constitution to obviate the incapacity of the illiterate Mob to comprehend what even today the Supreme Court can not.
The clue can be found in their use of a Hebrew Pun: i.e. when two words are given the same pronunciation but have a different meaning, as President and Precedent, the ploy can be seen.
When George Washington was elected he

Who To Blame For US And Global Economic Meltdown

In 1995 at the request of Obama on behalf of ACORN Clinton was asked to deregulate the Community Reinvestment Act to permit sub-prime loans for high risk low income home loan candidates. Clinton promptly deregulated the Act and then through the Federal Reserve made trillions of dollars available to Fannie and Freddie for unregulated lending to high risk low income home loan candidates. Clinton then pressured Fannie and Freddie to increase lending to high risk low income home loan candidates while Barney Frank was rejecting the Bush administrations request for tighter Fannie and Freddie lending regulations.

In 2001, sub-prime loans totaled $330 billion, or about 15% of all loans. By 2005, they had reached $1.4 trillion, or 48%. Fannie and Freddie owned loans and guaranteeing more than half of the nations $12 trillion in home mortgages. By 2006 they reached near 70% guarenteed loans – a record. But it came at a price. With the trillions of dollars in circulation the Federal Reserve had to control inflation by increasing the prime interest rates in 2004 through 2006. The sub prime adjustable mortgage interest rates therefore increased exponentially. As a result, the new low income high risk homeowners increasingly couldn’t make their higher adjustable interest mortgage payments. The housing industry fell apart and many banks were left holding billions in underwater mortgages. Home prices fell, and homeowners suddenly found themselves with no more equity to borrow on. The low income high risk homeowners that paid “little to nothing down” had no downside risk preventing them from walking away from the homes and causing enormous home foreclosures. With the trillions of dollars from the government loaned out, Fannie and Freddie now redefined as government owned institutions were also left holding trillions of dollars in underwater loans. So what did the “to big to fail” Fannie, Freddie do but warehouse the underwater loans and short-sale them as Grade A to US investment institutions and foreign banks thereby contaminating their (foreign) economies.

SPIRAL:

Home foreclosures caused bank cash flow problems, which caused banks to freeze loans, which caused business cash flow problems, which caused layoffs, which caused more home foreclosures, which caused more bank cash flow problems, which caused more banks to freeze loans, which caused more business cash flow problems, which caused more layoffs, which caused even more foreclosures, which caused even more bank, etc.

SUMMARY:

THE COMBINATION OF OBAMA/ACORN AND CLINTON, DEREGULATING THE COMMUNITY REINVESTMENT ACT AND PRESSURING FANNIE AND FREDDIE TO MAKE UNREGULATED HIGH RISK LOW INCOME LOANS AND BARNEY FRANK REJECTING THE BUSH ADMINISTRATION, GREENSPAN’S AND SNOW’S PLEA’S FOR TIGHTER FANNIE AND FREDDIE BANK LENDING REGULATIONS CAUSED THE GLOBAL ECONOMIES TO MELT-DOWN.

Now, the same people that caused the global economic collapse are blaming Bush, Wall Street, Fannie and Freddie for their incompetence!!!!!

SOLUTIONS:

1) Replace the current income tax system with spending tax system

2) Eliminate adjustable mortgage/loans

3) Require at minimum 10% down to qualify for home loans

4) Implement tax cuts

5) Implement severe penalties for white collar crimes

6) Eliminate spending earmarks

7) Eliminate the Federal Reserve practice of printing non-secured money

8) Ensure all budgets include funding proposals and business plans

9) Anything that does what a bank does and has to be bailed out because they’re too big to fail must be regulated like a bank

10) Currency printed by the Federal Reserve must be paid back to the Federal Reserve/Taxpayer

11) A bipartison Congessional committee must audit the Regulators and independent Federal Reserve

Below is little publicized audio/video of Barney Frank rejecting the need for Fannie and Freddie regulations, Bush Treasury Secretary John Snow and Federal Reserve Chairman Alan Greenspan repeatedly requesting increased regulation of Fannie and Freddie. Also below is an even lesser publicized video chronology of how ACORN, Obama, Clinton and Frank caused the US and global economic meltdown.

http://www.youtube.com/watch?v=63siCHvuGFg&feature=channel_page

http://www.youtube.com/watch?v=1RZVw3no2A4&annotation_id=annotation_918789&feature=iv

Obama is again buying votes with taxpayer’s money!!!!!!!!!!!!!! It’s so wrong, especially in that it increases the already US economy busting debt of $14.8 trillion.

I have a feeling that oblama will do anything possible to push this scam in through the back-door.. I believe that he knows damm well that he has no chance of being re-elected and therefore he is setting up a trap for the next president… In other words he is intentionally setting up a disaster….

Hey everyone lets play a game… monopoly! Don’t worry nothing is real, it’s just for funzzies LOL.
Wise up America this game will not end well. I stopped paying my home mortgage back in Nov. 2010
I have my home up for sale on a “short sale”, but even then it won’t sell. I think I can stay here at least 2 years without making a payment! Then Wachovia / Wells Fargo can eat this house! They will be lucky if it is inhabitable after a year of being unoccupied. Vandalism is a tricky thing….

These idiots from Dumb Country actually ALL belong to the same club, bunch of Whores for the One World Government. Rothchild and his minions. Except Ron Paul of course.

truman started the “un police action” in the korean war, a war which has never ended (a cease fire and talks for about 60 years). this was the un’s first unsucessful undertaking. now it’s “Agenda 21″ singed by bush #1 at the rio save the earth un conference. agenda 21 is not a treaty, so congress does not have to raritfy it. it is a serise of suggestions, by environmental groups, to destroy the USA. agenda 21 is the reason our immigration laws and boarders are not enfoforced by any president since the rio un get together. look up agenda 21 and be outraged.

Lets face it boys, Obama is a socialist who dont give a damn about
re-election. He is going to do what ever it takes to destroy this
country before his term ends. He knows he will not be re-elected.

To try to blame Bush for the housing bust is like blaming Truman for the Viet Nam war. The Progressive libs need to find out who Barney Frank is.

A failed policy by a failed president.

this man obummer does not deserve to be reelected What has he done good he’s tearing this country apart

james, it is all of the fkg politicians that have been doing this in there relentless search for money and power.

Your {rules} prohibit me from describing Obama & his policies!!!

tg sherman

Oh I know, more gov’t jobs, another million or so in the TSA pervert line. Thier hiring TSA people like crazy now!!!

Yep! Dumbo will promise the moon if it gets him re-elected!!! Fannie and Freddie will lose billions, which means we have lost billions!! This kind of campaigning should be illegal!!!! If the problem is so easy to fix, why didn;t he do it in the past. Because he was saving it for his re-election. Wonder what’s next!!??!!

I respectfully disagree. The housing bubble didn’t burst because of artificially low interest rates; it burst because of a collapse of world financial market brought on by Wall Street speculators. When ordinary people do not have the money to buy such things as homes, the price will drop precipitously. The Wall Streeters also sent more and more jobs overseas, putting more Americans out of work, which fueled foreclosures and caused a glut in the housing market. Then the Wall Streeters used forged documents to speed up the foreclosure process. The bailout helped the bankers, but no one else. The bankers got their bonuses even after shipwrecking their companies. And the little people got the shaft. No, Bob, it’s not the little people’s fault–it’s the fault of the top 1 percent who’s been sucking the life blood out of the rest of us for the last three decades.

Why would anyone be surprised that this is happening? Barry will do ANYTHING THAT IS NECESSARY to be reelected. He cares little what it will cost as it costs him nothing…actually it will continue to pad his and the other progs/commies/socialist wealth.

To those of you who haven’t figured it out yet…they want everything from those that have earned it for themselves…they are not going to give it to you poor, dumb bastards that are supporting them.

The earth doesn’t work that way…whether you believe in God or not.

Actually, Clinton did start the problem with his “Community Redevelopment Axt” and Bushie did make it worse. It was also Bush who made the mistake of destroying the free enterprise system (by massive bailouts) in order to save it but the Kenyan Marxist made that worse by stealing from peoples pension and investment funds to pay off the UAW. Additionally, the idea of the banks refinancing “risky loans” that are fully backed by the government is the biggest scam in history paid for by both homeowners and taxpayers. Round 2 will only make it worse. Of course, with the number of homeowners currently “underwater” and jobs being lost, the housing market hasn’t bottomed yet so look for another round of this sh#t downstream (again screwing both those of us who own our homes and those of us who pay taxes).

Obummer should feel a great debt of gratitude to Bubba Cinton (some people wanted us to believe that Clinton was our first black prez – gee, what a dilemma)). Clinton’s galloping incompetence made bad bank loans a ‘do it or else’ matter.
Now, Obummer wants to give banks a piece of the action. Talk about a win-win for Uncle Scam and his new bedmates, and an economy-destroying lose-lose-lose for the American people.
Not too long ago, FDR took over and replaced the graft machine in New York. Now, Obummer is doing the same on a national basis. So who keeps the official scorecard? I need a reliable way to be able to tell the good guys from the bad guys. I already know who most of the bad guys are, but I’d like to have the rest of the truth in my hands for ready reference.