9-22-08
So, the meltdown on Wall Street has exposed Fannie Mae, Freddie Mac and the Jimmy Carter Community Reinvestment Act for what they really were. Another Democrat handout to people that wouldn’t otherwise qualify to buy a home and a terrific source of campaign cash and suitcases full of money for the party and their cronies. Oh sure we hear the real problem was actually credit conundrums, stocks swings, derivative deviations, bond bombs, Republican deregulation of banks and investment firms and of course the ubiquitous “it’s all Bush’s fault” from the “never at fault for anything” Democrats.” What is really infuriating to conservatives is this constant drumbeat of lies and redirection from the truth brought by the Democrats and their buddies in the mainstream media. Keep pounding that drum, get some help from the Washington Post, New York Times, msnbc et al and eventually it appears to be reality. Facts be damned.
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