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 !
Court Fight in the Heart of Dixie
Email To A Friend
Please fill in the following information and we'll email this link.
Owned by Oil?
Looming over the race is a decision by the Alabama Supreme Court last year to drastically trim a whopping $3.8 billion jury verdict against ExxonMobil for cheating the state of natural gas drilling royalties. All eight Republican justices voted to cut it back to $52 million, while the sole Democrat on the court, Sue Bell Cobb, dissented.
Deborah Bell Paseur Ad: "Choice is Clear"
Announcer:
Greg Shaw's cronies are being condemned for attacking Deborah Bell Paseur with lying phone calls. Greg Shaw has never served on the Supreme Court, he was a staff attorney. He's backed by more than a million dollars tied to gas and oil lobbyists from this building near Washington, D.C. So the choice is clear: Deborah Bell Paseur is the only judge who's sentenced criminals to jail, and Deborah can't be bought.
Paseur:
If you honor me with your vote, I'll serve you with honor.
With Big Oil being the bad guy in the state these days, Paseur has run several ads attempting to tie Shaw to the oil and gas industry, saying that his campaign has been funded by those interests while she has taken "not one dime" from them.
In one ad, Paseur accuses Shaw of being "backed by more than a million dollars tied to gas and oil lobbyists from this building near Washington, D.C." The camera shows a nondescript office building.
The ad is referring to the Center for Individual Freedom, a conservative group headquartered in the Washington suburbs. Paseur may be close on the amount of money the group has spent supporting Shaw: According to Paseur's media buyer, it had purchased nearly $1.1 million worth of air time as of Oct. 21. Alabama media reports put the figure at $500,000 as of Oct. 14.
But can it be said that the group is tied to "gas and oil lobbyists"? That's a stretch. CFIF is a 501(c)(4) organization under the tax code, and as such it isn't required to disclose its donors. Alabama law would require it to do so if it advocated the election or defeat of a candidate, but its ad praising Shaw does not explicitly do so. This means that we don't know how much of its budget might come from oil and gas interests – and neither does Paseur.
Here are a few of the things we do know about CFIF and the energy sector:
- According to its Web site, the group takes positions that are often in line with those of the oil and gas industry, such as drilling in the Arctic National Wildlife Refuge. On one page titled "Will Sarah Palin's Energy Wisdom be Contagious?" the group says, "Governor Palin already brings a refreshing change to a political arena saturated with environmental foolishness."
- In August, the group was part of a coalition that lobbied against a provision in an energy bill that could have increased taxes for some energy companies.
- CFIF was one of many groups to sign a letter urging the Senate to reject the Lieberman-Warner climate change bill earlier this year, which, the letter said, would do "grave harm to our economy, the poor and U.S. competitiveness."
- CFIF has received some funding from the Carthage Foundation, of which Richard Mellon Scaife is the chairman. Scaife's fortune has resulted in part from large family holdings in Gulf Oil.
But for every bit of evidence that might support Paseur's charge, there's ample material to discount it.
- The group is involved in many issues that have nothing to do with energy. On CFIF's home page is a link to a plea asking readers to urge George Bush to pardon two Border Patrol agents; one to the group's analysis of McCain's proposal to tax health benefits; another to an interview with someone explaining that the U.S. must win the war in Iraq (okay, that one might have something to do with oil!).
- The group's second quarter 2008 lobbying disclosure report indicates that it was making the rounds on Capitol Hill on two telecommunications issues: Net neutrality (CFIF was opposed) and retroactive immunity for telecom companies in amendments to the Foreign Intelligence Surveillance Act (it was in favor).
- The Carthage Foundation's grants have provided only a small amount of funding ($125,000 in 2005, for instance) to CFIF, whose budget is in the millions, to judge from how much the group is spending on ads this year and the $1.2 million it spent in 2007 in Pennsylvania's Supreme Court contest.
Discuss