And The Nobel Prize Goes To... The Hacker!

Al Gore cancels his Copenhagen lecture where Obama was to sign a treaty with United Nations which would dissolve our Constitutional way of governing.

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Gore won an Oscar two years ago for the film, "An Inconvenient Truth", which does nothing more than spout a political ideology couched in a chicken-little 'the sky is falling' format on the looming catastrophe of 'global warming.' The star of the falsified climate numbers now known as 'Climategate' is being pressured by Hollywood conservatives to give up the Oscar he received for a film that perpetrates the hoax.

Global-Warming Theology: The end is nigh, their god is dead! Belief in global warming had long had a tinge of theology about it, a form of cultism that adherents and defenders elevated to a holy crusade. Read more on (Theology)

The Nobel Prize should be turned over to the hackers... by Al, in a public ceremony.

When the “Cap and Trade” bill was introduced earlier this year, a swarm of scientists from around the world presented factual evidence to the contrary of Al Gore’s claim the world would end and Polar bears will die. Real, reputable, credible scientists pleaded the con of “global warming” with solid, proven facts. I presented videos, interviews, and articles disproving the theory the glaciers were dwindling. Unfortunately, however, most, even many Republicans, chose to believe money and power hungry politicians over science.

But, thanks to hackers, emails were intercepted which definitely and directly exposed the intent to deceive the American public. Whatever it took as long as it finally became accepted, the scam was revealed. A handful of Republicans called for an investigation as to the validity of the “end of the world” farce, which has netted Mr. Gore over $1 billion and a Nobel Peace Prize.

The “Cap and Trade” bill passed Congress with the help of several R.I.N.O.’s. The whole intent of the bill, as is with “Health Care Reform” and Union Labor legislation, is to grease the gears of the “Engine To Socialism”. A consorted effort between elitists, the politicians in their pockets, and corrupt labor bosses, was to gain complete control over large corporations and the American public.

It has been common knowledge for two decades our entitlement programs were robbed by corruption and being depleted at an accelerated rate, totally bankrupting Social Security in a few years. The Unions have been stealing from pension funds to promote their political agendas for years, also common knowledge. They have been “Robbing Peter to pay Paul” for sometime now, anticipating the day when they would have complete control over the nations workforce, without freedom of choice by Americans.

With both the government and the unions in bed together for the purpose of avoiding prosecution for theft of American’s money, they were confident their communist agenda would be reality very soon. With the help of Globalists with deep pockets and strings on virtually every politician in Washington, The New World Order appeared to be immanent. A financial crisis was in order. The decline of the American dollar on a daily basis, almost certainly showed promise toward a complete collapse. With most of the country wondering how they will eat tonight, the global dollar would be introduced with little to no objection.

A crisis was the only answer to cover up the vast corruption. Make people wonder where their next meal is coming from and ANYTHING will be acceptable. Knowing their would be some friction, the leftists began smear campaigns against every conservative and public airwaves which had an opposing view. Deny, deny, deny. Call names and throw dirt through every medium possible while RUSHING as many bills and issues possible so as to keep everyone so busy they cannot catch up. Right in the middle of one campaign, another issue pops up, and another, and another, until it was virtually impossible to focus on both hands. “Watch this hand” while I rob you with the other.

The scoundrels are being exposed. Charges will be brought against some to “get release” but the real perpetrators, like Al Gore, will slither off and fade away, as they will become a total embarrassment to those of whom were taken in and will save their pride any further assault.

I am confident people will continue to awaken and discern from those who truly care and those looking to line their pockets with our lives, and our children's future. In addition to returning all awards and at least (performing) an official public apology, I am calling for restitution to be made concerning all moneys gained through this hoax, especially tax gains and support.

OK To Lie For jihad But Converting Means Death

Many involved in Biblical Prophecy journalism could not refuse the hot topic of late. During the G20 meetings and Barack Obama's New World Order/apalogy tour, He bowed to the

King, Abdullah bin Abdul Aziz Al Saud. Obama's administration immediately dismissed this obvious gesture as "He was being courteous because the King is shorter."

If the Ayatollah is like the Pope in the Muslim world, King Abdullah is like the Arch-Bishop. They can say whatever, to explain this away, and many ignorant people and Obama 'cult' followers will believe it. The truth is, it came from Obama's heart. It is obviously a bow, with a genuflect added in. To Obama, this was probably the greatest moment, so far, of being the President. It will only be topped when he visits Iran, and goes all the way to the floor in front of the Ayatollah.

Many Christians call this an apostasy. Obama an apostate? That is what called me to jump on the proverbial wagon and join the thousands writing about this. So many think Obama really thought he was a Christian at one time, and is falling away. A 'drunk with power' sort of syndrome. Why are so many fooled by this man? He has never been a Christian for one second of his Socialist life. Not to mention, his slashing the dignity of the Presidency.

I don't disparage when I say the Muslim faith is corrupt and divisive. The same thing Obama accused America of, during his speech in Turkey on his tour. I am not speaking off the cuff. I have had first hand experience and knowledge of that which I speak. Let me start by giving you a little background on how the Muslim faith, or the Koran, got started. Loosely based on the Old Testament, they believe Jesus was a prophet, but, mostly incorrect. Their big prophet, Mohamed, was a drunk, and an illiterate. He was working as a hand on a camel train in the desert when he met a well-to-do widow, and married her. He didn't work anymore, so he took up drinking more.

One day, in a drunken stupor, Mohamed began babbling unintelligible words. His buddies thought it was some sort of spiritual conjuring, and as the word spread, it also grew. Scribes were called, as Mohamed loved the attention, and he babbled on a regular basis. They were convinced he was speaking in tongues, and they were able to translate. Sound Holy?

This is why the Muslims get so mad when they hear of cartoons or ill words against their wholly man (I spelled it right). They know he was a clown, and as a defense to keep their people ignorant, they fight any criticism to the death. The religion is based on lies and hate. This is a simple fact, but, when described as such, the liberals wig out, as it is not politically correct to categorize it as such. It makes them feel like our religion is better than theirs. It is better... it's the only true God. There is no other.

Another myth about the Muslim religion, is they are basically loving peaceful people, it is just the radicals who believe in killing. That nonsense only comes from ignorance, or liars. Death to infidels is their belief, not the doctrine of a few. The Koran teaches all non believers which cannot be converted, should be eliminated. In fact, all infidels are supposed to be eliminated before the mufti (their equivalent to Jesus) can return. This is why Mahmud Ahmahnuhttjhob, President of Iran, is so dangerous. He believes that he can hurry the return of the mufti by initiating WWIII.Then, the world can be cleansed of all infidels.

Barack Hussein Obama, aka, Berry Soetoro was first enrolled in a Kenya school at the age of 7. It is widely believed, with vast evidence, he was born in Kenya, which makes him ineligible to be President. In any event, it is listed on records to enter school his religion is Islam. This had to be listed, as he was entering a Catholic based facility, and it is illegal to attempt any conversion.

Circled is Barack in school in Indonesia, where he was claimed as citizenship. Indonesia does not acknowledge dual citizenship, and it would not be legal to run for President. Barack has always claimed he never lived in Kenya and was never Muslim. Whenever evidence and proof has been introduced, Barack starts crying they are lying, picking on him, "Because he doesn't look like all the other Presidents on the dollar bills". In the Muslim faith, it is fine to lie, and take advantage of other people. If they get away with it, even if it hurts the other person, especially an infidel, it was their time to be blessed by Allah, and the victims time to be educated. Completely opposite of the Christian teaching of loving and helping even your enemy.

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Barack has made several public statements, condescending of the Christian faith. He does not like Christians. He does not like America or our Constitution. His agenda for America is to lead us into the New World Order, as was the Bush's, and the Clintons. The elitists in this country are led only by greed and power. They have no love for our founding fathers way of government to ensure the elimination of tyranny. The way to achieve the global plan is to eliminate our values as Christians, and Patriots. When anyone speaks out against Barack, or his ridiculous plans supposedly meant to cure the economy, a pack of liberal politicians and Hollywood celebrities hit the mainstream media repeating the same rhetoric talking points over and over.

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Biblically, Barack cannot be the Antichrist, but, he is so evil it makes many wonder. If he is shot and pronounced dead, then comes back to life, I will be astounded for two reasons: 1.) everybody was wrong in regards to logistics in the Bible's interpretation of where the Antichrist originates; and 2.) It means I missed the rapture. Even though all this is written, and nothing can stop Bible prophecy, we are all expected to fight for our country, which has been blessed until now.

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As more and more states go against the popular vote and bow to the few in order to allow gay marriage, we won't remain blessed. As we take more steps to eliminate God from society, we will more lose our blessing. As we accept the ugly nature of Hollywood and the revolution against Christians and Israel grows and we continue to kill babies, our blessings are all but gone. This is not the same christian based country that God blessed us with two and a half centuries ago. Anyone who picks up a Bible can verify the rapid succession of events in the past few years to fulfill prophecy.

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The Obama apostacy, technically, is when he fell away from his Muslim faith (for jihad) in order to pose as a Christian (in the name of allah) to ensure election. Unfortunately, for America, by the Muslim faith, this charade is fine, as the end justifies the means. below is enrollment for Barry into 1st grade, in Indonesia:

Dr Orly Taits and Major Cook speak in front of Courthouse where suit was filed questioning Obama's eligibility to be Commander in Chief (app. 170 military incl. several comm.officers)

Obama uses U.S. tax Dollars to fly to Kenya in Support of Cousin Raila Odinga, who loses democratic election then burns out and kills Christian opposition

Pelosi: "I Never, Ever...Wait...What?

Since 1987 Nancy Pelosi has represented the 8th District of California, including San Francisco. The same San Francisco which, a few years ago, demanded the closing of all military facilities in the city. In 2002, Pelosi was elected by her Democratic colleagues to be their leader in the House of Representatives.

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Last month the Democrats began calling for an investigation of the Bush administration, into whether charges should be brought against those responsible for allowing "torture" on a few of the Guantanamo Bay detainees. In their haste to divert attention from the atrocities the Left is perpetrating against the nations economy, they didn't really think this strategy through.

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As Barry Soetoro, aka Barack Obama, released TOP SECRET documents from the Central Intelligence Agency, he decided to back away from the controversy. Opening this 'can-of-worms' precedent would allow a future administration to do the same, to him. The damage was already done, however, as the inexperienced administration has jeopardized our national security.

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Pelosi, having been on the essential committees, claimed last month, the C.I.A. "never" briefed them on "advanced interrogation techniques", which the Democrats insist was torture. Conflicting documentation surfaced as to what, and when, specific information was made available to the appropriate Representatives. It was being revealed that Ms Pelosi knew more about how information was being obtained from the detainees, than was originally suggested.

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Today, May 14, Ms Pelosi has given another press conference where she now states she was not at the committee meetings, for which she is paid, but, that an aid was there and relayed what was discussed. She went even further to accuse the C.I.A. of lying to Congress. Pelosi claims she was not at the committee briefings as she was too busy working on making sure a liberal President would be elected.

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The following is an excerpt from Nancy Pelosi's bio on her website:

As a member of the House Permanent Select Committee on Intelligence for 10 years (the longest continuous period of service in the committee's history) including two years as the Ranking Democrat, Pelosi worked to ensure that policymakers and military commanders are provided with the timely and accurate intelligence necessary to guide diplomatic initiatives, succeed in combat, and protect U.S. military forces.
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In her usual, neurotic manner, the more intense the questions from the press, relating to discrepancies in her claims, the more incoherent her answers. I counted five times she eluded to "We were to busy ensuring the 'proper' President would be elected", so as to ensure their agenda would be carried out.
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Clearly, the duties of a Representative is to be involved in important events which well represent the concerns of their constituents. That includes meetings weighing in on specific concerns at the time. It is at no time the duty of a representative to dismiss their job description for covert political agenda. Senators will never understand that until the American people insist they've had enough. It was never implied in our Constitution, that our representatives define what is good for the people.
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Of course, we all know Integrity and honesty has nothing to do with politicians. It is more of "All's fair, in love and war". But, even the common liberal should be concerned about the likes of Nancy Pelosi and Barnie Frank. Both have not only embarrassed the offices they hold, but their policies have brought down our sovereignty, (watch video) while blaming others. Pelosi also states the Republicans are only pointing out she is lying as a "diversion". That doesn't apply in any stretch of the imagination, as Pelosi is the one whom created the whole diversion. Leon Pinetta, C.I.A.Director, states "There is not enough evidence to really determine". The former financial lobbyist, with no intelligence experience, which was placed in the position only to be Obama's stooge, certainly would have revealed supporting evidence in Pelosi's favor.
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During the Presidential campaign, the contradiction of Obama's claim to be Christian and unprecedented support for abortion took issue. In much the same way she jumped into the torture debate, (Catholic)Pelosi made an absurd public statement. "Even the Catholic Church cannot determine when life begins", spewed Pelosi. One could only call the statement a blatant lie, or total ignorance. The Catholic Church is perhaps the strongest activists for pro-life, advocating life begins at conception.
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It becomes more apparent every day, to the rational thinking humans, the liberals are out of control. I have always analogized it as the kids on Christmas morning. Could you imagine them seeing all the gifts under the tree, then sitting down and analyzing a strategy for how to open them? Absolutely not. The left has gone insane with their newly acquired power and thrown caution, and our children's future, to the wind.

Sacrifice... What Sacrifice?

Unless you recently awakened from a coma, you are aware that in recent months our tax dollars have gone to corrupt financial institutes to keep them from failing. The idea was, if they were allowed to fail, our country would face financial disaster. Most of us were shocked to find out companies such as AIG and Fannie Mae were dolling out huge bonuses to the executives which failed the companies. As outrage intensified, the Democrats ran to the rescue and implemented an unprecedented 90% tax against the bonuses, as the recipients refused to return them.

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The act of recouping some of the millions was dramatized by the very same Dems which hurried the bill through before anyone could read it. The President (Obama) signed it amidst much controversy regarding the ridiculous amount of 'pork' spending included. In a time when we have been told we all have to "sacrifice" to get through these hard times, the calamity continues. It was determined that the very Dems, such as Chris Dodd (CT), making the most noise regarding the bonuses, were the ones who placed the verbiage in the bill making them possible.

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It was determined several companies and banks sent their portion of our billions of tax dollars to overseas interests. Citi and Bank of America, just two which scammed the country out of billions, are now reportedly doing fine. Of course they are, since it was also determined they were never in trouble to begin with. They were experiencing the same backlash from defaulted mortgages and loans stemming from the Fannie Mae and Freddie Mac scam. Their idea of a financial crisis was they were not going to acquire the usual profit of billions, from which they were accustom. We took care of that for them.

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From a trillion dollars in 'bail-out' money provided by our government, no genius thought of tracking, or auditing, how our money was being spent. We now know, that if the 'bail-out' had never taken place, it would not have been the end of the world 'domino theory' we were led to believe in the beginning. AIG was the most damaged and could not have survived the hit. The other financial institutions would have picked up the pieces at a fraction of the cost and others would have profited, as the ones which failed would have gone to work at Burger King or McDonald's. I'm sure, with all their cunning, they would have had their own franchise in no time.

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Competition and failure is all part of running any business. Holding the American people hostage, as one's profit is in danger, is extortion. I am also sure a terrorist threat could be added to the list of felonies against the specific perpetrators of our nation. First, however, there must be a complainant in a case against a perp. Since the government is their accomplice, and the people remain uncooperative witnesses, there is no case. Sure, a lot of noise will be made when questions arise, but, we the people will accept any stupid answer dished out.

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However, AIG was apparently not as broken as we were led to believe as I see NO sign of 'buckle tightening' in their group. Nope, they will not be worrying how their children will go to College. They will not be choosing cheaper restaurants, as the budgets call for. The ones which President Obama was addressing (sacrifice) last week, are us, the tax payers.

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Today, reports of more bonuses going out to Freddy Mac and Fannie Mae executives are surfacing. The very ones that started all this mess will be rewarded with a total of $210 M by the end of the year. Why are they so arrogant in regards to lavishing our tax dollars? Because, there is no recourse. Did you honestly believe the whole 90% tax scam? Well, yes, I guess you did.

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Anyone connected with law enforcement is aware of the Pit maneuver. That is where you bump the rear quarter panel of a fleeing suspect's car to send it out of control. The same sort of maneuver has been attempted on the Economy of our country. This technique is called the Cloward-Piven strategy. The system was first introduced in the Nation, a political periodical, in 1966, by two Columbia University professors. Andrew Cloward and Frances Piven mapped out, in detail, the strategy of ruining our country, financially.

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What is the use of this, you ask? Why would someone intentionally destroy our nations economy? What you should be asking, is why would the leaders of our nation be willfully and wantonly throwing more money after supposed bad risks? Why would we allow anyone, even the ideal President, which we trust to lead us to real "Change we can believe in", to throw trillions of our dollars on a 'crap shoot'? When the first trillion ran out, which was borrowed, we just printed another trillion, with no backed value. Technically, it is a trillion pieces of worthless paper. What does the Government say? There is no guarantee it will work. So, better the country be at risk of failing, than the irresponsible companies.

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If you are not asking these questions, you should. If you have been asking these questions, then you should have already been signed up for a Tea Party nearest you. You will also find helpful links and resources at the 912 Project page. You say you will leave all that to the radicals and the politicians to figure out? I know, you don't want to be bothered. You would rather stay quiet and trust Barack Obama to figure it out for you. I have had enough of people attacking me as I don't have more faith in the rock star which was appointed by Bilderberg and Trilateral.

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That is right! Appointed! If you think you elected Barack Obama, you are naive. He was chosen by the same organizations, to which, the Clintons, George H W, and George W Bush belong. The key man, behind Bilderberg and Trilateral, is Zbigniew Brzezinski. He is a Polish born political scientist, who served as National Security Adviser in the Carter administration, in the '70s. Anyone alive during that era can remember the long gas lines and the invention of the 'trillion dollar deficit'.

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Brzezinski was the co-founder of the Trilateral Commission, along with David Rockefeller, who, at the time, was the richest man in the world. We know now, there was no oil shortage as we were led to believe at the time. The trillion dollar deficit was not an accident, but, orchestrated by the Federal Reserve Bank. Most Americans still believe to this day, the Federal Reserve Bank is part of our government. While it handles all our tax dollars, and legislation signed in the '50s dictates they will answer to no one, they are no more Federal than Federal Express. Our present Treasury Secretary, Tim Geithner, was head of the Fed.

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The Federal Reserve Bank decides how, and when, our tax dollars are used. Not even the President and all of Congress can order the Fed to do anything. The books are closed and private... to anyone. The last true Democrat Patriot, John F Kennedy, was a Trilateral puppet. He began having a conscience, however, and attempted to sign new legislation to permit the Fed books to be examined, but, was assassinated. Sign online petition to Congress to audit the Fed.

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The whole purpose behind Bilderberg, Trilateral, and The Commission on Foreign Affairs, is to form a One World Government; a New World Order. When asked about his involvement with Brzezinski, Barack Obama lied. They began a smear campaign on every candidate and news media which questioned the "Patriotism" of then candidate Obama. Cost of the ads alone were in the millions, and very effective. After just one day, the issue was almost obliterated, and campaign officials lost their jobs.

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During the campaign, it was revealed over and over, every contact and friend and mentor associated with Barack Obama, had either Communist connections, or was a radical against the United States. Right down to his (Pastor?). I hate using that title in relation to Rev Wright, but, I must for identity sake. He was so close to Barack, Barack called him Uncle. Barack also called him one of his mentors. Barack claims he was never attending one of Rev Wright's anti-American rants. He also claimed he didn't share Wright's views. Here is Barack in his own words.

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To date, Obama has yet to produce a genuine, physical Birth Certificate. He claims to have been born in Hawaii, but, a Kenyan certificate is all that exists. He has hired a team of lawyers to blosk all legal steps to produce a valid certificate. If you took away the idealist view, it was time for "Change", you have to ask, what makes this man qualified to run the most powerful nation in the world? His only qualifications is a good speaker, and a good actor, but, most importantly, the most powerful contacts (elitists) in the world. If we continue on the path of down hill deficits, we will have to invent a new word for $1,000 Trillion.

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AMERASIA

The Blame Game: Feedback

I have decided to repost this video which I originally posted a couple of weeks ago on this page as I have received so much feedback on the page my videos are kept. I couldn't post all comments, as this post would have used all my space up. I've never received feedback such as this before. Only two comments out of dozens were in favor of the Dems, but as you will see, they contradict themselves, naturally. These comments are uncensored and unedited.

more about "Feedback on Blame Game", posted with vodpod



Edward Snyder:
I want to thank each and every one who commented here, even the few who would deny a snake if it bit them, which it has. I am going to publich all comments on the page where this was originally posted, Data Integrity @ http://mossinterest.blogspot.com ; Thanks again and God Bless you

Catherine Pinoo commented on this video
This started with good intentions and the standards got lowered. The banks were threatened with sanctions if quotas were not met. The Democrats all voted no when Republicans (Secretary, President, McCain, senators, congressmen) brought a bill requesting investigation of Freddie and Fannie. It is arrogant not to permit such investigation. It also was a cover-up of those who acted dishonorably. They will be punished. Of course, they don't think so, because several of them led the recent press converences blaming the they led the Republicans, who all voted for the investigation.
Billy
Nice work here obfuscating the entire issue. The reason Republicans are getting bent out of shape in this video is because they finally had a scandal without "R's" all over it. The accounting scandal in 2004 at Fannie Mae was minor (6 billion dollars over 4 years on annual revenue over 40 billion) and had nothing to do with the current meltdown. Fannie Mae didn't even start buying sub-prime mortgages until Daniel Mudd came to power. Mortgages through FHA and secured by Fannie Mae have outperformed (defaulted less frequently) than the industry average independent of borrower income level. Stop trying to blame the credit problem on poor people and Fannie Mae - they got caught up in this mess, they didn't start it.

The problem was the same as the one that lead to the 1929 crash: overleveraged investors. Bear Sterns was leveraged 35:1 - so was Merrill and Lehman Bros. Add that to AIG having no regulation on their credit default swaps (i.e. they couldn't cover their insurance obligations) and a complete lifting of commodities regulations thanks to Phil Gramm, and you had a market that was going to crash at the first hint of a problem.

Don't get me wrong, Fannie Mae and Freddie Mac should have been regulated better, but existing regulation wasn't functioning according to existing law in 2004 - that's why there was an accounting problem, and that's why Rep. Meeks was grilling the regulator. The caterwauling of the Republicans in this hearing is pure political theater. They never liked Fannie and Freddie because they are a progressive action of government - i.e. they try to extend wealth building opportunity to lower income levels. Of course, it is possible for corruption to take place, but if the regulators had done their jobs, even the minor accounting problems uncovered in 2004 would have been caught earlier.

By the way, the accounting practices at Fannie Mae and Freddie Mac were industry standard even though they are somewhat deceptive.
Badnewsbarnes
Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis. At a 2004 hearing see Democrat after Democrat covering up and attacking the regulators
franksfile commented on this video
MY GOD IN HEAVEN, HELP US OVERCOME THESE BAS----S THOSE DEMS I JUST SAW THE VODPOD VIDEO OF WATERS,MEEKS DAVIS FRANKAND,CLAY LYING LIKE THIEVES IN THE NIGHT.THEY ARE THE ONES,AMONG OTHERS, THAT HAVE DESTROYED OUR ECONOMY AND COST US A FORTUNE IN OUR INVESTMENTS.I AM 76 YEARS OLD RETIRED FOR 17 YEARS,AND HAVE LOST 1/4 OF MY LIFE SAVINGS,INVESTMENTS AND OTHER ASSETS BECAUSE OF THESE SOB'S. THEY SHOULD BE INVESTIGATED AND WHEN PROVEN GUILTY KICKED OUT ON THIER COLLECTIVE ASSES.ESPECIALLY BARNEY FRANK WHO IS PROVEN TO BE THE BIGGEST LIAR OF THEM ALL.A POX ON ALL OF YOU.....FRANKSFILE

niecy commented on this video
We sit here and watch this hearing and can see for ourselves exactly how F/M and F/M brought us into the housing crisis. We have all dems. saying nothing is wrong while the repubs keep call for regulation. Now it's possible that the dems could have majoirty in Congress aided by a dem. Speaker, dem. Majority Leader and dem. President. I believe the only reason the dem. party wanted Hillary to step down is so that they could "select" a candidate of their choosing, someone with literally no experience so they can use him as their puppet. WAKE UP AMERICA and give this one some thought to what this would mean. I am a registered democrat of 40 plus years but it won't be so this election. Obama has me leary and a democratic Congress has me scared. Checks and balances are hard enough to keep some control but without that there's no controlling anything that is done in Washington.....Think carefully and vote wisely because it is our only chance of hanging on to some control.

Quuzlfut
Are the Republicans really to blame for our current economic crisis? Could it have been prevented? What happened back in 2004?


kerfuffles
How did the U.S. Congress cause this financial meltdown? The American banking system was forced and browbeat by Democrats, and a few Republicans in Congress to lend mortgage money to people who had not financial wherewithal to repay the loans. To not allow indigent people to buy homes was considered unfair by the overseer of the U.S. House Financial Services Committee, Barney Frank and the powerful "Community Organizer" group A.C.O.R.N. With the congressional mandated sub-prime mortgages came unprecidented surges in home values. President George Bush in 2003, Allen Greenspan in 2005, Senator John McCain in 2006, and other Republicans repeatedly warned of the grave financial dangers of this tack and demanded new regulations, but Americans liked having their homes increase in value because of all the new "unqualified" buyers in the housing market. Homeowners signed on for second mortgages and home equity loans on their more valuable homes, so voters sided with the Democrats to let the housing market run wild. Former President Bill Clinton even specifically condemned the Congressional Democrats for this behavior, but no one listened. These sub-prime mortgages were bundled and sold for tremendous profits and investors worried little about them because they were insured by the U.S. taxpayer's Fannie Mae and Freddie Mac. The editor of the Wall Street Journal warned the Congress how dangerous and corrupt were the practices of the CEO of Countrywide Home Loans and others, and was slapped down as a know-nothing.

Catherine Pinoo commented on this video
end of last sentence incorrect - it should read: conferences blaming the Republicans who all voted for the investigation. Did you notice in the press conferences that the Republicans just stated the facts and the Democrats always placed blame before making comments about the bill.

Blue Collar Muse
Democrats publicly saying Freddie and Fannie are FINE!! No need to worry!! But GOP was calling for oversight and regulation. It was Dems who denied it. But Pelosi wants to blame the GOP ...