The Wall Street crisis was planned the night of Obama's meeting at Bill Ayres home to put Obama in The White House. Together they put a beautiful plan into place.
This Strategy was first elucidated in the 1966 issue of 'The Nation' Magazine by a pair of radical Socialist Columbia University professors, Richard Andrew Cloward and Frances Fox Piven.
David Horowitz summarizes it as:
"The strategy of forcing political change through an orchestrated crisis. The "Cloward-Piven Strategy" seeks to hasten the fall of Capitalism by overloading the Government bureaucracy with a flood of impossible demands, thus pushing society into crisis and economic collapse.
unquote
Obama begin with ACORN by funneling millions into their organization. He then trained ACORN to stage protests in banks to force them to issue risky loans or they would be threatened to face racial charges. ACORN was trained to intimidate financial institutions into giving ???Ninja??? loans to people with NO assets, NO job and NO income, who couldn???t afford these loans.
That caused the housing bubble two years ago it was by ACORN's actions they were able to destroy our credit system.
As this played out, D-Barney Frank and D-Chris Dodd were able to cover up the millions of improvident loans to these bad risky house buyers. And Barney Frank and his chums successfully were able to block all of President Bush's attempts to put a rein on this problem.
So Fannie & Freddie was forced to purchase all these failed subprime mortgages.
Then both Frank and Dodd denied that there were any problems, and refused the Bush Admin. requests to set up a regulatory agency to watch over Fannie Mae and Freddie Mac, and they were still pushing for these agencies to go even further in promoting sub-prime mortgage loans almost up to the 'minute they failed'.
Democrats then blamed Bush saying it happened on his watch knowing it would hurt the Republican Party in the election setting it up that Barack Obama could use this to his advantage.
Karl Marx once compared a Revolutionary struggle with the work of the mole, who sometimes burrows so far beneath the ground that he leaves no trace of his movement on the surface.
Barack Obama is that Marxist mole !
What Happened? How Should I Know?
Email To A Friend
Please fill in the following information and we'll email this link.
The memoirs of ex-Bush figures tend to follow a loose formula: take a slap at the old boss—gently or not so gently—then balance the tough love with some tender words. But former White House press secretary Scott McClellan's new memoir? It's more like a right hook to the jaw. A PERI survey:
Bushwhacking
PAUL O
'
Neill
Secretary of the Treasury, 2001 to 2002
Tough Talk: During interviews with author Suskind, O'Neill accuses Bush of searching for a reason to invade Iraq mere days into his presidency. "It was all about finding a way to do it," O'Neill says. "That was the tone of it. The president saying, 'Fine. Go find me a way to do this'."
"The Price of Loyalty"
By Ron Suskind
January 2004
Tender Love: If it's any consolation to Bush, O'Neill is often tougher on some of the people working for the president. He describes cabinet meetings as "a blind man in a room full of deaf people" and bashes participants for failing to pepper the boss with tough questions about Iraq, such as "Why Saddam?" and "Why now?"
Richard Clarke
Chief counterterrorism adviser, 1992 to 2003
Tough Talk: Clarke faults Bush for ignoring pre-9/11 intelligence on Al Qaeda and writes that by invading Iraq, "Bush handed that enemy precisely what it wanted ... It was as if Usama bin Laden, hidden in some high mountain redoubt, were engaging in long-range mind control of George Bush."
"Against All Enemies"
By Richard Clarke
March 2004
Tender Love: Compliments from Clarke are few and far between, and reserved mostly for military personnel and administration outsiders. His praise of Bush begins and ends with the resolve he displayed during his speech on the night of 9/11: "Unlike in his three television appearances that day, Bush was confident, determined, forceful."
- 1
- 2
- 3
- Next Page »
Discuss