We will not let down all those Pioneers who tamed the prairie and defeated socialism in their hay day. My friends, this day is ours! Get Grizzly right in your backyard!

http://colony14.net/id46.html

1.
Congress (under Jimmy Carter) passes a bill making it illegal for banks
to redline (that is, they cant ignore poor neighborhoods because that
would be discrimination).

2. In 1992, Clinton cant get elected
by saying Vote for me and Ill give $250,000 in tax dollars to all poor
people so they can buy a house so he instead says I feel your pain to
get into office.

3. Clinton changes the rules so that banks are
faced with $10,000 fines (or 1% of assets, whichever is less)
per-loan-application if they discriminate against the poor. In other
words, the government FORCES banks to make bad loans.

4. To
soften the load, Clinton reduces the Fannie Mae reserve requirement to
an astoundingly low 2.5%! (They need to keep only $2.50 in cash for
every $100 loaned!) Banks, faced with $10,000 fines, respond by making
bad loans and immediately dumping them on Fannie Mae.

5. Clinton rule changes also require banks to count WELFARE CHECKS AND FOOD STAMPS as income for loan applications!

6. Senate Democrats demand that Fannie Mae buy more bad loans to help the poor become homeowners.

7.
Radicals Islamists attack the U.S. on 9/11. To keep the economy from
tanking because of the terrorist attack, the Federal Reserve keeps
interest rates artifically low - to stimulate the economy. These low
interest rates make it even easier for people to get mortgages.

8. Because Fannie Mae is buying up bad loans like candy, banks keep making them.

9. Conservatives see the handwriting on the wall and start complaining.

10.
Fannie Mae CEOs James Johnson and Franklin Raines cook the books to
give themselves, and other former Clinton buddies at Fannie Mae, bigger
bonuses.

11. Raines (like, Johnson, later an Obama advisor) is forced to resign and pay back millions.

12.
Because many poor people entered the housing market, there are MORE
buyers chasing the same number of houses available. That makes prices
go up - much faster than the inflation rate. (Duh! If more people want
the same house, the seller can charge more!)

13. More
conservatives warn Congress of trouble ahead. Barney Frank (D-MA) and
other Dems say Dont worry, be happy. Maxine Waters (D-CA) says
Republicans are racists for wanting to rein in Fannie Mae to prevent
poor blacks from buying houses. Waters praises the crook Franklin
Raines.

14. John McCain submits a Fannie Mae reform bill in
2005. Senator Chris Dodd (D-CN) gets his fellow Dems to promptly vote
against it; it never leaves his banking committee and thus never gets
voted on by the full Senate. Dodd gets a boatload of cash from Fannie
Mae for his campaigns, more than any other Senator (Obama is in second
place).

15. Everything explodes in 2008.

16. Secretary Paulson (a Democrat) persuades a non-functioning President Bush to go along with a bailout.

17.
At a White House meeting, Dems feed their talking points to Obama so he
can look good. He screws up, and lambasts the Republicans - angering
them enough so that they have no desire to help.

18. Frank,
Dodd, Reid, Pelosi blame the Republicans. The media piles on, ignoring
the real cause of the crisis, in an effort to elect their socialist pal
Obama. They all know the Dems caused the problems, but why burden
Americans with the truth?

19. Conservatives in Congress say NO to socialism.

20. Americans say NO to socialism.

21.
Democrats say THIS IS CRITICAL, WE MUST ACT! and then take a day off
for a Jewish holiday. (Better to risk destroying the economy than lose
Jewish votes in November 4.)

22. McCain - foolishly - supports the bailout, reprising his role as the Democrat-lite candidate.

23. Sarah Palin will hopefully expose the Dems for their part in the mess during her debate with Biden.