Country Boy Views

I Think I've Been Wasting My Time

2011-08-09

8/7/11 I Think I’ve Been Wasting My Time Seems some folks think that the Banking and Real-estate collapse was caused by President Bush. Evidently they never heard of the community reinvestment act that was promoted by President Carter in 1977. In 1994 President Clinton pushed the NINJA loans, which means NO INCOME NO JOB OR ASSETS to increase home ownership. Now explain to me how that is going to have a good ending. Then in 2002 President Bush challenged the housing industry to create 5.5 million new home owners by 2010. Between the three do gooders, there are millions of foreclosures. Bank closures, lost jobs and it goes on and on. The more government regulations you have, the bigger the disaster. When some one knocks on your door and says I’m from the government and have come to help you,. Slam the door and hide. I keep hearing that the debt was caused by President Bush’s two unfunded wars and part D medicare. I can see how that would increase the debt, but I need some help understanding how that collapsed the banking and housing industries. The two wars are projected to cost 1.29 trillion dollars by the end of 2011. The bailout of Fannie Mae and Freddie Mac could possibly reach a trillion dollars before they are cleaned up. In my opinion the Democrats own about $999,999.999,950 of that debacle. I feel reasonably sure that every one noticed that Fannie Mae and Freddie Mac were conveniently left out of the Dodd- Frank banking reform bill. They played a major role in the housing bubble that led to the 2008 melt down. They stand today as the primary remaining bailout debtors to the U.S. treasury. Barney Frank said there were no problems with Fannie and Freddie, and if there was a problem the federal government wouldn’t bail them out, some one lied. Just for your entertainment view these two you tube videos FANNIE MAE/FREDDIE MAC HEARINGS 2004 DEMOCRATS WERE WARNED OF FINANCIAL CRISIS AND DID NOTHING. It never ceases to amaze me that if President Bush says it, it is a lie. If a liberal says the exact words it becomes the irrefutable truth. FOR YOUR FACTS FOR THE DAY watch this you tube video “Democrats on Iraq + WMD’s weapons of mass destruction.” Seems to me I heard some where that, “a thousand pictures is worth two birds in the bush.” I strongly recommend that you watch the videos listed above. I realize that it is very difficult for liberals to get away from the so called main stream news talking heads parroting of the regime talking points. In my opinion they are almost always a facsimile of the actual truth. I have two of the neatest features on my radio, one is an on and off button, and the other one changes stations. I recommend that those who find conservative talk shows offensive avail themselves of these features. That is what I do when I hear a liberal spouting off nonsense. This is still an almost free country and you can vote for whom you please. I recommend that you scrutinize the next candidate more closely than President Obama was. It is difficult for me to believe that a person that sat in Jeremiah Wright’s church listening to the cursing of America for twenty years could be a patriotic American. It appears to me that the man has a strong dislike for America and is doing his best to be the one who turns this country into “grease” and America slides into oblivion. Richard Feuilly

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