The cause of our country's economic problems

   I am just wondering how many have noticed of late how many of the democratic operatives have been repeating the statement "The republicans want us to return to the failed policies of the past that caused the financial collapse and mortgage problems we are suffering through now." I don't know haw many times I have heard this but it would number in the hundreds. Yet I have heard none of the of the talking heads or leading republicans rebut it. Why do we on the right let them preach such garbage without saying, Wait a minute there! It is to easy to explain that the actual reason for the economic woes we are facing were caused by the forcing of banks to make the bad loans to people who could not pay them back. Who started all that, none other than democrat Bill Clinton. Who refused to rein in Freddy and Fannie? Barney and his fellow democrats. Who has spent trillions under the guise of repairing our economy on failed projects like Solyndra, that would not have helped our economy anyway? Obama.

   When the democrats are making this statement it is always in the context to lead you to believe that the problems we are having were caused by tax cuts and deregulation. If you tell a lie enough times, especially without rebuttal, it soon will become seen as the truth.

   I would urge that everyone contact your Reps. and Senators and tell them to point out the facts behind our economic problems before the democrats manage to implant their story in the minds of those who would not know better.

Views: 356

Comment by Lois on June 22, 2012 at 10:23am

It's all about wanting to take over this white European Judeo/Christian nation...simply put.  No house can survive spending more than what is taken in.  Debt is but a way for the government to steal, redistribute our wealth.

God said we'd be hated by the world.  Ask why...for our faith, our ingenuity, our success.  The most successful countries in the world have been white Judeo/Christian nations.  They want what we have, and God warned us of them trying to steal it from us.  Satan's minions want to maintain their control...we are a threat to them...they want to turn us into a third world nation for all to be enslaved.

Comment by Harry Riley on June 22, 2012 at 10:47am

You are right soon we forget the truth and roll, Twana, and Golden Eagle sum it all up.......

Comment by Joyce Sutherland on June 22, 2012 at 12:07pm
Every time I think about it, I can't help but compare these thieves to grifters. Sure, maybe they're are elitist grifters, but it's still a con job./jms
Comment by Len Miles on June 22, 2012 at 1:40pm

Lets not forget the Wall Street fantasy financiers, going as far back as 1996, maybe even earlier. They took those toxic mortgages  and sold them as AAA investments with Standard & Poor’s blessing to boot… (also know as CDO's or Credit Default Swaps). Now how can Standard & Poor’s retain their reputation as the top rating firm?  Wall Street  leveraged that trash 32 to 1 and Standard & Poor’s condoned it. And then Standard & Poor’s downgrades the US from AAA to AA+.

Greenspan, Rubin and Summers should all be in jail.

View the Frontline episode titled “The Warning”…

Comment by Johnny Smith on June 22, 2012 at 1:50pm

The point being in all of this, we as conservatives/republicans/libertarians/tea party etc. need to be refuting the democrats every time they spew the B.S. about the failed policies of the past in reference to the republicans. The folks that are suppose to do our talking for us need to be nudged in that direction quickly.

Comment by Len Miles on June 25, 2012 at 9:45pm

John... Though Clinton signed the bill... Phil Gramm penned it. So it's was a joint effort on both sides of the isle, but it’s true that Clinton signed the bill and that’s where buck stops.  I read about the Gramm-Leachy-Bliley Act as it’s creation was what repealed The Glass-Steagall Act. One of the thoughts behind the GLB Act was that today’s fantasy financier's were much more sophisticated investors then they were in 1929. It was hardly sophistication, but was surely greed followed by more greed. When 2008 arrived the fears that Brooksley Born (CFTC Chair and a derivatives lawyer) had as far back as the late 90’s became reality. Know one but a few mathematicians actually knew how those derivatives worked. An entire school district’s pension plan in Wisconsin was wiped out and I’m sure there are countless stories of the same magnitude. It turns out the salesmen that sold that junk to the Wisconsin School district, actually didn’t know what they were selling due to the complexity of the derivatives...  from the book titled “The Looting of America” by Les Leopold.

The Rothschild name surely pops up quite often when it comes to money. I think they had something to do with the start of the Federal Reserve as well.

The Glass-Steagall Act was responsible for keeping the sanity in the markets after 1929. The GLB bill repealed Glass-Steagall and in 8 short years all the wheels came….so much for sophisticated investors. I agree… the Glass-Steagall should be reenacted and the GLB act should be sent packing.  

Your last paragraph tells me there’s much more to read… thanks.

Comment by Len Miles on June 26, 2012 at 8:36pm

Good lesson from the Icelanders... we should take a page out of that book. All I watch is FOX and CBS for 60 minutes on Sunday. I have to admit, I do watch MSNBC on a rare occasion just to make sure I keep track of what those wing-nuts are up to.


You need to be a member of Constitutional Emergency to add comments!

Join Constitutional Emergency


Old Rooster created this Ning Network.

This effort is focused on sacrifice to protect and defend the Constitution of the United States against all enemies foreign and domestic.

Fox News

Tech Notes

Thousands of Deadly Islamic Terror Attacks Since 9/11


1. Click on State Groups tab at the top of the page.
2. Find your State Flag
3. Click on Flag.
4. Look for link to join Your State Group near the top of the State Groups page.
5. Click on it.

Follow the Prompts

How to post "live" URL in posts at PFA............. Adding URLs in blog posts that are not "live" is a waste of everyone's time.....
Here's how....if anyone has better guidance send to me.....
First........type your text entry into the post block to include typing or paste the URL you want us to view........when finished with the text, highlight and copy the URL in the text.......then click the "add hyperlink" tool in the B, I, U box just above the text entry, after clicking, a window will open asking for the URL...paste the URL in the box and click "OK". You have now made the URL "live" shows some code before the post is published, it goes away when you "publish post".......


© 2020   Created by Old Rooster.   Powered by

Badges  |  Report an Issue  |  Terms of Service