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Hollywood screaming liberals can't see the crunch coming


By jerry - Posted on 05 October 2008

Riding high with the encouragement of the liberal media the Hollywood screaming liberals can't see the crunch coming. In three weeks the country will finally become aware of the part Obama has played in the economic meltdown. The vast cover-up by Barney Frank and the democrats on the house finance committee will finally leak out.

What is being covered-up? Does extortion and theft on a multi-billion dollar level by liberal extremist groups have any significance? The extortion and theft might be significant when the Obama running for president shows up in the tally.

As usual republicans are naive and dismiss Obama's claims for executive leadership as more political propaganda and resume doctoring by the democrats. But if republicans would stop snickering and look closely at Obama's record they will find a man who put together an organization that puts the mafia to shame. The mafia concentrated on local small businesses. Obama and his buddies concentrated on the banks where the money is.

What Obama did was form many small groups to take advantage of the Community Reconstruction Act of the democrat congress 1977 under Jimmy Carter. The Act required a certain percentage of the banks loan assests to be invested in low income loan applications. In 1995 the Clinton treasury department stiffened the requirement so that banks were forced to set aside a certain proportion of their assets for loans to people who could not normally qualify. Failure to meet the federal loan levels could result in federal lawsuits and financial penalties. Banks were thus forced to have more bad loans than they could cover with good loan money. The was putting them in a precarious financial state if something went wrong in the general economy.

Using demonstrators as extortionists, the Obama people sued the banks or threatened to sue the banks for not complying with the democrat congress Community Reconstruction Act of 1977 now modified by the Clinton Treasury Department's new codes. The banks were forced to hire Obama's organized groups as paid consultants to oversee the hand out of the extorted money. Does this sound like the maffia to anyone?

But it gets even better. Some of these groups were also involved in voter registration drives in key states. Some of the bank extortion money was diverted to buy houses to locate illegal immigrants for their voting addresses. Money was also diverted to hire people to conduct registration drives to manufacture phony voters. One of the more famous and active of the groups was the Acorn group that falsely registered thousands of illegal voters in over a dozen states.

Attempts by Bush's Attorney General to investigate local federal prosecutors who did not move on the Acorn group were met by democrat congressional threats of hearings for impeachment. Liberal newspapers either ignored court conviction cases of Acorn members or joined in the claim that the administration was using its power to abuse the unmoving federal district attorneys because the attorneys were either democrats or fair minded.

Give Obama credit. Anyone who can organize and coordinate such a vast liberal ripoff conspiracy has the executive ability to be a president. The only question is of what? A president of a free country or a liberal maffia controlled country?

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Jerry, your blogs are great. Keep up the good work. People in WA need to know what is really going on.

Best regards, Charlie Varnell (Texas)

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