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 !
BETWEEN THE LINES
Jonathan Alter
The Bin Laden Factor
How Obama would handle a terrorist's October surprise.
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The decision by Barack Obama to return to Hawaii to visit his ailing grandmother might not be the last surprise of the last fortnight of this campaign. Two weeks is an eternity in presidential politics, which means we're likely to have one more twist before this ends—though with early voting, more than a quarter of the electorate now votes before Election Day.
What will the twist be? Reviving Jeremiah Wright, which the McCain campaign is hinting at, won't mean much. Unless the Reverend Wright himself resurfaces (he's abroad and on radio silence), that thrust would be easily parried by the Obama campaign. That's because John McCain is on tape saying a man's pastor should not be relevant in judging his character. Even if an independent 527 committee were to make an attack ad involving Wright, Obama's got an obvious jujitsu response ad making McCain out to be a hypocrite.
Maybe McCain could buy a half hour of time for a big speech that realigns his campaign. Problem is, any sudden readjustments now would play into the narrative that McCain is erratic and unpresidential. And the Obama campaign has bought up most of the remaining available time across the country, anyway. In fact, the earliest McCain can launch any kind of new offensive is Saturday, when Obama returns to the mainland. Otherwise it looks like he's beating up on a guy for visiting his grandma.
But something else is going to happen. My money is on Osama bin Laden popping back up with a hate video, just as he did the weekend before the 2004 election. That tape reminded the public that the country was still at risk from this sickening terrorist and that President Bush had kept us safe for the three years since the September 11, 2001 attacks. In that close campaign, it was this video—not the Swift Boat tactics that got all the ink—that made the difference. John Kerry, who led in several polls that weekend, saw his margin melt away.
In 2005, Kerry himself said that 9/11 was the "central deciding thing" of the 2004 election and that the bin Laden video ended any chance he had of being elected. Just because it was convenient for him to say that doesn't make it untrue.
Why did the bin Laden tape do so much damage? The 9/11 attack was still fresh in Americans' memories, and the possibility of another one was on our minds. While sophisticated analysts could explain that bin Laden released the tape just before the election because he hoped Bush would win (Bush was a better recruiting tool for Al Qaeda than a President Kerry would have been), none of that got through. The tape had the effect of freezing the 2004 campaign in place. Kerry couldn't criticize Bush at all for a pivotal 24 hours.
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