This, my friends, is one of the greatest videos ever made. It explains precisely how, and why, our country was set up the way it is. The video then describes how we are at a crossroads now. We are on the verge of literally destroying, and losing the very things that have made us the greatest nation in the history of mankind. And it all hinges on our personal morality and righteousness. Please, if you watch any video or read anything on this website, watch this.
The recession will never end. Watching This Week with George Stephanopolous the other day, there was a panel of economists, political analysts, etc. (one of them was George Will). They were discussing the economy and what the future holds. Essentially, they all agreed the ONLY way for the American economy to get back to the way it has been the past 10-15 years, is for Americans to spend. 70% of the American economy is based on spending. Glenn Beck has also discussed this statistic. The problem is that 1 out of 10 Americans is now unemployed. Spending is not an option for them. For the other 9 out of 10 Americans with jobs, spending is how we got into this mess in the first place. Buying houses with adjustable ARM rates we couldn’t afford when the ARM rates went up, buying houses for investments that never panned out and having to foreclose on them. Spending is NOT in the best interest of the American citizen now. So there is a paradox we have on our hands.
Here is what I predict will happen. The unemployment rate will NEVER go back to the low 4% range as it has been during the Bush years. It will ALWAYS remain at about 10% (it is just below 9% now.) This will become extremely frustrating for Americans who have become accustomed to having no problems finding a job. People with college degrees and plenty of experience will not be able to find work. This will result in extreme frustration with the government and we will see strikes and riots on a more regular basis, (as there is in many European countries, such as France and more recently Greece for these exact reasons.) Unfortunately, the current administration in the white house feels that more government is how we solve these problems. This is an extreme falsehood that has been proven not to work many, many times over the course of human history. The only thing that can help America, and the world, climb out of this recession is going back to the basic principles outlined by our forefathers in the U.S. Constitution. In order to do that, we must elect sound, honest men and women to government offices. In order to do that, we must LEARN and become EDUCATED on the Constitution and the teachings of our forefathers. That is the answer. When we become aware of the principles this country was founded upon, we, the people ,will solve these economic problems. Not more government programs.
Some of my favorite videos as of late. Watch and get schooled kids! The first one is utterly amazing.
If you have not heard of Heath McNease or Spoken Nerd, you do NOT know what you’re missing! These cats are AMAZING! Both live and recorded– these are two of the most talented hip hop artists in America now. If you ever have a chance to peep these cats at a live show, I STRONGLY encourage you to go. They will really have an impact on your life! Peep the video below of Heath McNease:
Here is a video of Spoken Nerd rocking his track “I Love the Police.” DOPE track!
Be sure and check out Heath McNease at: www.myspace.com/heathmcnease
Peep Spoken Nerd at: www.spokennerdhiphop.com and www.myspace.com/spokennerd
Want to see the result of the decisions made by people like Barney Franks, Chris Dodd, and Nancy Pelosi? Click here to see a photo collage of THE GREAT RECESSION.
Now on to our good friend Barney Franks who defines himself as “being in the minority” as “a left-handed gay Jew.” Did you know Barney Franks was involved in a gay prostitution ring? Yep. Did you know Barney Franks is the head of the Financial Services Committee, who regulates Fannie Mae and Freddie Mac? Yep. Did you know Barney Franks has received $42,350 in campaign contributions from Fannie Mae and Freddie Mac between 1989 and 2008? Yep. In order to avert a possible housing crisis, did you know in 2003 Bush tried to have Fannie Mae and Freddie Mac regulated by the treasury, instead of the Financial Services Committee? Yep. Did you know Barney Franks vehemently opposed it, saying “These two entities…are not facing any kind of financial crisis…. The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.” Yep. Did you know Barney’s boyfriend, Herb Moses, worked as an executive for Fannie Mae? Yep. Read below:<p>
Lawmaker Accused of Fannie Mae Conflict of Interest
WASHINGTON — Unqualified home buyers were not the only ones who benefitted from Massachusetts Rep. Barney Frank’s efforts to deregulate Fannie Mae throughout the 1990s.So did Frank’s partner, a Fannie Mae executive at the forefront of the agency’s push to relax lending restrictions.Now that Fannie Mae is at the epicenter of a financial meltdown that threatens the U.S. economy, some are raising new questions about Frank’s relationship with Herb Moses, who was Fannie’s assistant director for product initiatives. Moses worked at the government-sponsored enterprise from 1991 to 1998, while Frank was on the House Banking Committee, which had jurisdiction over Fannie.Both Frank and Moses assured the Wall Street Journal in 1992 that they took pains to avoid any conflicts of interest. Critics, however, remain skeptical.“It’s absolutely a conflict,” said Dan Gainor, vice president of the Business & Media Institute. “He was voting on Fannie Mae at a time when he was involved with a Fannie Mae executive. How is that not germane?“If this had been his ex-wife and he was Republican, I would bet every penny I have - or at least what’s not in the stock market - that this would be considered germane,” added Gainor, a T. Boone Pickens Fellow. “But everybody wants to avoid it because he’s gay. It’s the quintessential double standard.”A top GOP House aide agreed.“C’mon, he writes housing and banking laws and his boyfriend is a top exec at a firm that stands to gain from those laws?” the aide told FOX News. “No media ever takes note? Imagine what would happen if Frank’s political affiliation was R instead of D? Imagine what the media would say if [GOP former] Chairman [Mike] Oxley’s wife or [GOP presidential nominee John] McCain’s wife was a top exec at Fannie for a decade while they wrote the nation’s housing and banking laws.”Frank’s office did not immediately respond to requests for comment.Frank met Moses in 1987, the same year he became the first openly gay member of Congress.“I am the only member of the congressional gay spouse caucus,” Moses wrote in the Washington Post in 1991. “On Capitol Hill, Barney always introduces me as his lover.”The two lived together in a Washington home until they broke up in 1998, a few months after Moses ended his seven-year tenure at Fannie Mae, where he was the assistant director of product initiatives. According to National Mortgage News, Moses “helped develop many of Fannie Mae’s affordable housing and home improvement lending programs.”Critics say such programs led to the mortgage meltdown that prompted last month’s government takeover of Fannie Mae and its financial cousin, Freddie Mac. The giant firms are blamed for spreading bad mortgages throughout the private financial sector.Although Frank now blames Republicans for the failure of Fannie and Freddie, he spent years blocking GOP lawmakers from imposing tougher regulations on the mortgage giants. In 1991, the year Moses was hired by Fannie, the Boston Globe reported that Frank pushed the agency to loosen regulations on mortgages for two- and three-family homes, even though they were defaulting at twice and five times the rate of single homes, respectively.Three years later, President Clinton’s Department of Housing and Urban Development tried to impose a new regulation on Fannie, but was thwarted by Frank. Clinton now blames such Democrats for planting the seeds of today’s economic crisis.“I think the responsibility that the Democrats have may rest more in resisting any efforts by Republicans in the Congress or by me when I was president, to put some standards and tighten up a little on Fannie Mae and Freddie Mac,” Clinton said recently.
Bill Sammon is FOX News’ Washington Deputy Managing Editor.
Who keeps voting for this guy?
For all of you who are not members of the Church of Jesus Christ of Latter-day Saints, the term “Gadianton Robbers” is taken from the Book of Mormon. It refers to a group of people who banded together to murder, rob, and lie and eventually take over the government that was in place here in the ancient Americas. Let’s take a look at what one of our US Senators (D), Chris Dodd has said about the AIG bonuses.
Essentially, he said he had nothing to do with the AIG executives getting bonuses with federal bailout money. That was a complete and utter lie. He actually WROTE IN THE CONTRACT that bonuses WOULD be allowed by AIG and other companies receiving federal bailout money. Hmmm… this is also the same Chris Dodd who was receiving a specialized low-rate home loan from Countrywide Mortgage.. the same Chris Dodd who is the head of the Senate Banking Committee.
Yep. It’s true. Glenn Beck breaks it all down in the video below. Essentially, the US Government has bailed out AIG with billions and billions of dollars. Well guess what? AIG has given most of that money to foreign countries. $62 billion to be exact. And the money has not been given to poor, starving third world countries. Nope. AIG has given it to wealthy European nations. England, Germany, France, Switzerland, etc. I have nothing against these countries, but please. Is MY job, and YOUR job, as an American taxpayer, to fund these country’s bailouts, when we haven’t even given an equal amount to our OWN country? People are out of work and losing their jobs daily here in the US. And here we have our government giving OUR money to other countries, more than to our own. Please tell me I am missing something here! This is PATHETIC! Thank you Barney Franks for being such a smart and sexy man.
This is pretty outdated and I am just getting around to posting it, but this is just straight up HILARIOUS. This happened a few months ago when Nancy Pelosi was trying to get the public behind her pork-laden $1 trillion dollar stimulus bill.
This is the audio from an interview she did with Chris Wallace.
Then, just a few days later, she says the SAME THING at a national press conference!
Uhhh… there’s only $300 million people in the US, yet we’re going to lose 500 million jobs… EVERY MONTH. Ok. Obviously this woman has a problem understanding numbers. She certainly has no clue how much $1 trillion dollars is and how that is going to affect America immediately, and for decades to come.
Here is a pretty funny playlist of some of the biggest political bloopers of all time given to me by one of my readers, D.J. Schneider- check it out.
http://www.redux.com/playlist/unfortunate_political_one_liners
