Keith says: Isn't it sickening to think about all our brave men and women who have died in all the wars to free the oppressed, and now half of the voters in American are willing to elect a socialist that will certainly be oppressing!!!
-----Forwarded Message----- From: Earnie Sent: Oct 21, 2008 11:21 AM Subject: Re: The RISE Of The USSA? In a message dated 10/20/2008 10:53:20 P.M. Eastern Daylight Time, VBrown writes and earnie responds (BELOW):: Earn, has it occurred to you or those who think Obama will create a socialist nation, that GW Bush has already beat him to the draw?? Yep. Nationalizing our banks officially made the US a socialist country. Bailing out crooked Wall Street CEOs and letting the middle-class pay for their greed and jaunts to CA spas and grouse-hunting in England is happening in Bush's term. With all due respect, I'm not sure you know the real meaning of socialism. GW Bush did not 'beat them to the draw'. I really am tired of the 'blame everything on Bush' mantra. While he has not vetoed some bills I would have liked him to, and his stance on immigration is very troublesome to me, he is not responsible for the foundation of the financial crisis. That foundation for this financial crisis was laid many years ago in 1974 under Jimmy Carter and his henchmen. It was exacerbated when lobbyists for DEMOCRATS demanded very, very poor loan practices such as 0% down, failing to verify income, and guaranteeing bad loans. GW had absolutely nothing to do with those practices. Incidentally, I just discovered that the 'bundling' schemes by financial institutions included hundreds of thousands of mortgages that did not include the original note. By law, one cannot sell a mortgage without the note. That can only be attributed to the eagerness and sloppiness of these institutions - not GW (as for it's effect, I did find out that if there is no note; there is no obligation to the homeowner - I wonder how that will be factored into the Recovery Plan!). The second most egregious factor is the rise and fall of Fannie Mae and Freddie Mac- the largest by far. Both were rife with the 'poor practices' described above. In 2003 and again in 2005 John McCain on the floor of the Senate asked for an investigation of both, because he somehow must have found out about their poor practices and the even worse management. Greg Meeks (D), Maxine Waters (D) and most especially Barney Frank (D) vociferously and angrily (I saw and heard them on C-Span) denied the need for any such investigation. Naturally, once what became the worst rated Congress by the public took office in 2006, anyone with half a brain knew it would be fruitless to seek a (critically necessary) investigation into the practices that had become so endearing to the Democrats. While the 1974 Carter plan and its 1977 renewal was the origin of our financial crisis, the failure of an investigation was the trigger for the crisis. The blame-Bush mantra does NOT apply to the crisis. It is the fault of Democrats who not only permitted poor financial and mortgage practices, but defended them, and accepted 'donations' from the lobbyists for, AND the actual institutions of, Fannie Mae and Freddie Mac. If elected, Obams will simply exacerbate the crisis. Frankly, I am not smart enough to know what needs to be done about it. But same goes for Obama and nearly every so-called expert, including those appointed by GW to key positions In fact, I don't believe any one (or for that matter any two, three, or four, etc.) person knows how to best pull the US out of this financial crisis. The issues and obstacles are staggering. One thing I do know would be a good start: CREATING JOBS. in my opinion, this nation should immediately embark on an energy independence plan that by its nature will create jobs, i.e. forget the tree hugger, and start drilling off shore, using our newer technology that pollutes the ocean less than the natural runoff of petro-type emissions from Mother Earth. We should begin building nuclear energy plants immediately. How a common sense, rational, intelligent, and caring person cannot understand the immediate creation of for jobs with such a program is beyond me. I ask you: Of the two candidates for President has this as a linchpin of their campaign? (A clue, it's not the rookie). The question is begged: From whence do companies who are willing and eager to engage in this program get their capital? If not the first order of business, THAT is of the highest priority for experts to come up with the answer - an answer that I know is out there based upon our past experiences in overcoming a crisis (see World War II). Frankly, I find it quite troubling, and pray that Obama gets elected so he can do something about it. You can be as 'frank' as you want, and you can "hope" all you want, but Obama is NOT the answer to our financial crisis. Not a person who has openly revealed his socialistic persuasion. By contrast, McCain has finally (surprise, surprise) recognized how to attack the financial crisis. I 'hope' it's not too late, because a Democrat President with a Democrat Congress spells big trouble with a capital 'B' and a capital 'T' FYI Virginia David Earnest **************New MapQuest Local shows what's happening at your destination. Dining, Movies, Events, News & more. 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