Barak Obama, Acorn, and Fannie Mae – The Media Continues to Ignore It
WHAT exactly does a “community organizer” do? Barack Obama’s rise has left many Americans asking themselves that question. Here’s a big part of the answer: Community organizers intimidate banks into making high-risk loans to customers with poor credit.
In the name of fairness to minorities, community organizers occupy private offices, chant inside bank lobbies, and confront executives at their homes – and thereby force financial institutions to direct hundreds of millions of dollars in mortgages to low-credit customers.
In other words, community organizers help to undermine the US economy by pushing the banking system into a sinkhole of bad loans. And Obama has spent years training and funding the organizers who do it.
THE seeds of today’s financial meltdown lie in the Community Reinvestment Act – a law passed in 1977 and made riskier by unwise amendments and regulatory rulings in later decades.
CRA was meant to encourage banks to make loans to high-risk borrowers, often minorities living in unstable neighborhoods. That has provided an opening to radical groups like ACORN (the Association of Community Organizations for Reform Now) to abuse the law by forcing banks to make hundreds of millions of dollars in “subprime” loans to often uncreditworthy poor and minority customers.
And it doesn’t end with ACORN intimidating the banks for their precious “affordable housing”. There is a little ongoing problem with voter fraud. Meet some “community organizers.”
YouTube – More ACORN Allegations.
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See also this article at American Thinker, ‘How allies of Soros helped bring down Wachovia bank’.
What we are learning is that there has been a long term subversive campaign to destroy capitalism in the US. The Democratic Party has been taken over by hostile forces which now ‘own’ it and because it’s almost like a James Bond scenario, with Soros as Blofeld, it’s difficult to get ordinary people to take it seriously.
You begin to understand why countries like Pakistan with a succession of corrupt governments end up with military coups. Just saying. Can’t really see that happening here but what if the socialist criminals are successful and take power? It would at least need a serious campaign using the various security forces and the courts to reverse it.
Soros. I knew this stunk of that bastard. This should be a post. I haven’t had time to do a soros post lately. Maybe i can try to throw one up…..
How the hell do you fight this?
You’ve GOT TO READ the following post! It exposes everything that we have suspected about Obama, the financial crisis, Soros, and the rest of the radicals who are involved in this mess!
The pieces of the pie which contain the current economic crisis, the radical left, and the radicals’ “puppet for president,” Barack Hussein Obama, have now been excellently fitted all together!
Barack Obama and the Strategy of Manufactured Crisis
Excerpt:
In attempting to capture the significance of Barack Obama’s Radical Left connections and his relation to the Cloward-Piven strategy, I constructed the following flow chart. It is by no means complete. There are simply too many radical individuals and organizations to include them all here. But these are perhaps the most significant.
The chart puts Barack Obama at the epicenter of an incestuous stew of American radical leftism. Not only are his connections significant, they practically define who he is. Taken together, they constitute a who’s who of the American radical left, and guiding all is the Cloward-Piven strategy.
Conspicuous in their absence are any connections at all with any other group, moderate, or even mildly leftist. They are all radicals, firmly bedded in the anti-American, communist, socialist, radical leftist mesh.
The people who have fallen under Obama’s radical spell need to WAKE UP AND SMELL THE CORRUPTION!
SPREAD THIS LINK AROUND!! PEOPLE NEED TO SEE THE UGLY TRUTH ABOUT BARACK HUSSEIN OBAMA!!!
This article and chart needs to be sent to the McCain Campaign!!!
God help us November 4, 2008.
NOBama!!!
Christinewjcs last blog post..Cloward-Piven Strategy of Orchestrated Crisis, the Radical Left, and Obama