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 !
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The Bin Laden Factor
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This was partly Kerry's own fault. After his 2003 speech attacking Bush for letting bin Laden escape at Tora Bora, Kerry dropped most bin Laden references from his speeches. Internal polling by the Kerry campaign showed that voters didn't respond well to his talking points about Bush's failure to catch bin Laden, so he gave the whole subject a rest. This was a terrible mistake. Had Kerry kept the heat on, bin Laden's re-emergence would have reinforced the message that he had not been caught.
That's what would happen this time if bin Laden tried to intervene in another American election. Seven years after 9/11, the country is in a different place, and the Obama campaign would respond to a bin Laden tape in a different way. For two years, Obama has been reminding audiences that the Bush administration has failed to catch bin Laden. First with Hillary Clinton, then with McCain, Obama has made a point in debates of saying he would risk destabilizing Pakistan by bombing the border with Afghanistan if he had actionable intelligence that Al Qaeda targets had been identified. In the second debate, on Oct. 7, Obama brought up bin Laden again, making a point of stressing that he would "kill him" if possible.
McCain's position on bin Laden has opened him up to attack in a way that Obama failed to exploit. In the second debate, McCain said, "I know how" to find bin Laden. This should have led Obama to respond that if he knows how to catch him, he should have told his friend George Bush. Obama missed a chance for that riposte in the debate, but he may yet have another opportunity.
All of this sets up a quite different dynamic should bin Laden release another tape. After condemning the new tape, Obama could launch right into renewed criticism of the failure to catch Al Qaeda's mastermind seven years after 9/11. Instead of making him look like another weak Democrat, a new tape would give Obama a chance to seem muscular on national security. McCain would try to argue that the country would be safer with him, but it probably wouldn't have the potency of Bush's similar claim in 2004.
Should there be, God forbid, an actual terrorist attack between now and the election, all bets are off. But it's instructive that only three days after the 2004 terrorist attack in Madrid that killed 193, the most deadly act of Islamic terrorism in European history, the Spanish socialists won national elections. We aren't Spain, but we're also not a country that can have a whole election thrown into disarray by terrorists. At least I hope we aren't any more, though we won't know for sure unless it happens.
© 2008
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