DEMOCRATS are the ones responsible for this, and I place that blame all the way back to 1913 when the Federal Reserve Act was signed by a DEMOCRATIC President and his Congress in the single deepest subversion of the Constitution in our nation’s history. Exacerbated further by a DEMOCRATIC President in creation of The New Deal and expansion – rather than elimination – of welfare policies by another DEMOCRATIC President.

In signing into power the Fed and giving it the depth of power it has, they have perpetuated and encouraged the manipulation of “free markets” – not allowing them to operate in the manner they should and causing more severe corrections – JUST LIKE THIS ONE WE ARE SEEING NOW.

What was so “great” about the Great Depression? Well, since she’s obviously too ignorant to pick up a history book or a book on economics, I’ll tell her what’s so great about it: It was a chance to learn from our mistakes, what happens when you diddle the system – SO STOP MANIPULATING IT. Instead, they make things worse and worse by not only NOT learning from history but playing with it EVEN MORE. The depression we see (and mark my words, there WILL be one) will be a direct result of the constant manipulation of the markets out of GREED and ARROGANCE and BLATANT STUPIDITY; it will have a worse result the more they screw around with it, instead of leaving it alone; and it will make the Great Depression look like a picnic.

It is a little long (11min) and goes pretty fast. But well worth the time to see. If it goes to fast, use the pause button to stop on each frame you want see it more fully.

Burning Down The House: What Caused Our Economic Crisis? V2
http://www.youtube.com/watch?v=NU6fuFrdCJY

Now go look at section 106 of the ‘‘Emergency Economic Stabilization Act of 2008’’ http://www.foxnews.com/projects/pdf/rescuebill_First_Draft.pdf .

It still wants to skim off 20% of the profits of each sale to fund this housing fiasco and ACORN. If you object to this, then write, email or call your Representative. Slice the pork out. You can make a difference. According to the vote today, many have.

how did your rep vote? http://clerk.house.gov/evs/2008/roll674.xml

Find your rep here: https://forms.house.gov/wyr/welcome.shtml

Find your Reps website here: http://www.house.gov/house/MemberWWW.shtml

Forward this on to all you know. Let the truth out.

They knew.

September 11, 2003 – “Significant details must still be worked out before Congress can approve a bill. Among the groups denouncing the proposal today were the National Association of Home Builders and Congressional Democrats who fear that tighter regulation of the companies could sharply reduce their commitment to financing low-income and affordable housing.

”These two entities — Fannie Mae and Freddie Mac — are not facing any kind of financial crisis,” said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ”The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.”

Representative Melvin L. Watt, Democrat of North Carolina, agreed.

”I don’t see much other than a shell game going on here, moving something from one agency to another and in the process weakening the bargaining power of poorer families and their ability to get affordable housing,” Mr. Watt said”

New Agency Proposed to Oversee Freddie Mac and Fannie Mae

I’ve got ten bucks says Obama will soon wish to hell he’d LOST the election.

I FEEL LIKE I’M TAKING CRAZY PILLS.

You have the blundering of the President trying to effect this extortion of the taxpayers hard-earned money with nothing but a last few month grandstanding of his miserable performance. Peddling fear and panic to anyone who would listen to him.

I am so sick of the news dedicated to the White House. I personally place the blame of this corrupt and avoidable mess on the heads of the entire congress of the U.S. Senators and Representatives are what the lobbyists of Wall Street and Washington control. The president is a cheerleader, and veto machine. The responsibility of oversight and accountability has been lost on the last 20 years of the congresses returning favors in exchange of re-election of themselves: much of their funds coming from lobbyists who really own most of them.

Throw every single person serving in the United States Congress out of office as quickly as possible. If a democrat put a new democrat in office, if republican put a new republican in office. Without a new congress to rewrite the procedures that the framers designed for them—we are lost.

Never let a politician become elected more than six years….the foxes guarding the hen houses are destroying this nation…Voters Wake up!!!!!

AMERICA NEEDS A BRAND NEW CONGRESS IMMEDIATELY, OTHERWISE THIS NATION WILL BE A FOURTH GENERATION COUNTRY WITHIN 25 YEARS……JG