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The Rape of Your Wealth: Obama and his Illegal Aliens are set to Regulate and Redistribute All that you have.

The Rape of  Your Wealth: Obama and his Illegal Aliens are set to Regulate and Redistribute All that you have.

 As we monitor the exuberance over the potential election of Barack Obama we cannot avoid   wondering about the crime, ballot-box stuffing of ACORN, the “Today we can Vote” taunts of the Hispanics and other groups as they wave the Mexican flag at our banks. The street hoards have much to celebrate as they now have access to your wealth.

 Let us see what the 10-year look back shows us and do some thinking:

 [1] Illegal Aliens: A decade ago the illegal alien problem had been out of control of about 20 years, but morphed into a marvelous opportunity to pad the Party of Democrats with new voters. States like California, soon to go broke allowed Mexicans and others to vote with impunity, go on welfare, work in the underground societies, and send money back to Mexico while milking our medical system.  The Chamber of Commerce was in full agreement as they could get cheap labor. San Francisco, New York, New Haven, LA and other cities are now ‘havens’ for illegal aliens who can vote.

 The efforts to build up a proper border security system, as Europe, Japan and China have had for millennia,  and bring to a standstill this societal wreckage from oozing in to feed upon our society  were very unpopular and most politicians wanted to pander to the new voters so they mumbled and allowed the influx to continue. The lefties have nothing to lose if swarms of the ‘poor’ are ‘starving’ while having babies in the streets and need food and housing and they can work the levers of ‘compassion’ while ignoring the rusty Rule of Law.  Soon, we can enjoy the splendor of countries like France and Germany as our new friends torch a few hundred cars every night to get attention. We desperately need Sharia Law to restore what is left of our religious culture, particularly Methodism.

 [2] Free Bank Loans to the ‘poor’: The CRA [the phony Community Communist Reinvestment Act][1][2] created mountains of bad debt by forcing banks to give away free houses to the uncreditworthy low class in exchange for their votes under penalty of prosecution by the government. You were supposed to wipe out Redlining[3]  and replace it with Greenlining.[4] Minorities must have loans [free if necessary] so they can participate in the American Dream. This is known as ‘affordable housing’—you cannot afford this but the illegal aliens and criminals and ‘poor’ certainly can.  The thrust by the left now is to ‘suspend’ foreclosures and use some bank or government money [what else from a socialist?] to:

  The best way out of the current mess that avoids a taxpayer rescue is for lenders to modify loans.”[5]-- Pia Lopez, Sacramento Bee.

 But the role of loans for people who don't qualify for a lower-cost, prime loan should be to provide them with a loan so they can build a credit history and refinance into a conventional loan with better terms when their credit improves.”[6][7]—Pia Lopez[8], Sacramento Bee.

 Now, this is a wonderful scheme. Keeping the taxpayers at bay, for a while, the banks should take a financial hit as they ‘modify’ the terms of debt for those who cannot handle debt [or want a free ride] and do what? Absorb the loss!! We wonder where the bank officers and stockholders stand on this issue. Gee, did we have some banks go down because of this kind of thinking?

 [3] Big Government: Government hiring of ‘employees’ to manage the incomprehensible array of social agencies in our states is out of control. They states of California, Massachusetts, New Jersey and others, soon to go broke, are swamped with high-paid employees with essentially free medical and other benefits that are paid for by super-high property taxes. Some of the more ‘progressive’ states have the Energy Police, the Thought Police, the Political Correctness Police, the Text Book Police, the Library Police, the Waste Police, the Environment Protection Police and the Recycling Police. California[9] is besotted with do-gooders, drug addicts, illegal aliens, losers and others who clap and hop while they recite their little pieces while enforcing rules and regulations that have forced businesses to flee the state. New York State is losing 200,000 people a year according to Patterson[10], their governor. New Jersey will follow.[11]

 [4] Our Euro-Peons[12] Beg for Money. Europe, in the economic tank because of several world wars and the money and resources devoted to licking Russian Boots for 90 years, want us to bail them out and now they talk about a world banking system. This is an astonishing notion as we review what they preached about the phony League of Nations and the subsequent afterbirth of The United Nations, mere sticky clusters of moronic savages from Africa, France, Bolivia and parts of Asia, whining socialists, lazy state dictators of the wreckage in South America and elsewhere working in concert to find new ways to tax Americans. This is government? The Middle Eastern Kingdoms don’t have to participate in this yet until the oil runs out. The now confused and intensely inbred original residents of Europe are besotted with Islam, crime, narcotics and other happenings that minimize education, hygiene and industry.

 [5] O’Bozo Wants to Spend: The solution to the lack of freebies for the ‘poor,’ sick, lame and lazy and, most importantly, the illegal aliens is to spend and spend and spend and then bawl about the debt and tax and tax and tax.  And what does our newly-minted Noble Laureate Paul Krugman in Economics says to do:

 It’s politically fashionable to rant against government spending and demand fiscal responsibility. But right now, increased government spending is just what the [read witch ed.] doctor ordered, and concerns about the budget deficit should be put on hold.”[13] [Emphasis is mine in all quotes.]

 Could we please contrast that drool with this preceding sputum from our krugmaniacal One from  2005:

 "In 2005 spending on home construction as a percentage of G.D.P. reached its highest level in more than 50 years. People who already own houses are treating them like A.T.M.'s, converting home equity into spending money: last year the personal savings rate fell below zero for the first time since 1933. And it's a sign of our degraded fiscal state that the Bush administration actually boasted about a 2005 budget deficit of more than $300 billion, because it was a bit lower than the 2004 deficit."[14]-- Debt and Denial by Paul Krugman Op-Ed Columnist Published: February 13, 2006

 Isn’t it interesting that economics can be some kind of plastic entity that can be redesigned by a little poking and pinching to conform to any leftist drooler’s clarion call for money? And, gee, he is a newly-minted Nobel Prize Lariat?

 Obama has a trillion dollars in new spending for social programs and there is not  a hint of how to pay for it without heavy new taxes. We have a 1.7 trillion dollar bailout in f0rce and who will pay for that?

 Here are the facts:

[1] Obama is an Afro-Leninist and an ideological racist. His angry black wife hates America. He thinks middle class whites are too stupid to vote for socialism. He believes whites are responsible for poverty in the world. He was dutifully trained in Marxism by his Communist mentor Frank Marshall Davis[15]. He was a street hustler, doper and cheap fixer for Acorn [16], the black supremacy ballot box stuffing bunch. His views were refined by Saul Alinsky, and William Ayers[17], who is famous for saying “I don't regret setting bombs...I feel we didn't do enough."[18] Then you have 20 years of training in Black Liberation Theology and Hatred for Anything White [God Dam* America! KKK America] by Jeremiah Wright. So, can we can wonder just who trained this guy and where his loyalties lie.  The answer is that he is steeped and soaked in hate for whites and the capitalism they employ to marginalize the masses. They are evil.

[2] His platform is based on tax, tax and more taxation. He wants us to believe that if he elevates taxes on small businesses that this will have no effect on employment, investment and expansion of the economy. He speaks down to a worried plumber who wants to buy a business and explains to him that ‘money needs to be spread around.’[19] That he wants the same ‘opportunities’ for a plumber’s employees as for the business owner. That means he doesn’t want to see success. He wants ‘equality’ between workers and owners? Isn’t that Karl Marx in a pea pod?

 [3] As for things he might do: He could pardon all druggies in prison now [more than a million] and let them loose upon society. He could pardon his ‘brothers,’ 1/7 of whom are in jail now and let them back out to rob stores and vote for Democrats, several times if necessary. He could push Reparations Legislation where by every black person in the US with any hint of slave ancestry could get up to $200,000 each.

 [4] As for things he would certainly do: He would institute a massive tax increase and a confiscatory inheritance tax [2.A heavy progressive or graduated income tax. 3.Abolition of all rights of inheritance.][20] that would take everything parents have left to give to their children in strict accordance with his ideological Marxist teachings as stated in the Communist Manifesto.

 [5] Criticism of the government would be suppressed. Talk Radio would be besotted with hecklers.

 [6] Government control of education and most housing. Political correctness would prevent any white citizen from criticizing any black elected or appointed official for any reason.

 [7] Open borders for illegal aliens [as long as they vote Democrat].  Closed borders for all Americans who want to take money out of the US.

 [8] Rolling all 401(k)s into Social Security to be ‘fair.’ Thus, the savings of a generation would be given to the government to doll out to the ‘poor’ and any minorities who howl about discrimination.

 [9] Although the high school dropout rate is nearly 50% a cross the land, he would provide ‘college’ for all who wanted it. He apparently cannot comprehend what the Bell Curve[21] says and means.

 This is what this leftist parasite offers us.

 Vote against Obama and also against all incumbents of any party. We need to dump these losers.

 Look out for more bank failures and business failures. Soon. Buy gold get to cash and sell most stocks.

 rycK

 Comments to: ryckki@gmail.com

 


[1]Bear Stearns made the first public securitization of Community Reinvestment Act (CRA) loans started in 1997.[6] Editorialists in some American newspapers[7][8] and US Congressman Ron Paul[9] say the CRA loans were lent to otherwise un-credit-worthy consumers in the name of ending discrimination, although an analysis of actual lending patterns does not generally support this conclusion.[10][11][12]

On June 22, 2007, Bear Stearns pledged a collateralized loan of up to $3.2 billion to "bail out" one of its funds, the Bear Stearns High-Grade Structured Credit Fund, while negotiating with other banks to loan money against collateral to another fund, the Bear Stearns High-Grade Structured Credit Enhanced Leveraged Fund.[13] The funds were invested in thinly traded collateralized debt obligations (CDOs) found to be worth less than their mark-to-market value. Merrill Lynch seized $850 million worth of the underlying collateral but only was able to auction $100 million of them. The incident sparked concern of contagion as Bear Stearns might be forced to liquidate its CDOs, prompting a mark-down of similar assets in other portfolios.[14][15] Richard A. Marin, a senior executive at Bear Stearns Asset Management responsible for the two hedge funds, was replaced on June 29 by Jeffrey B. Lane, a former Vice Chairman of rival investment bank, Lehman Brothers.[16]

During the week of July 16, 2007, Bear Stearns disclosed that the two subprime hedge funds had lost nearly all of their value amid a rapid decline in the market for subprime mortgages.

 [2] http://en.wikipedia.org/wiki/Community_Reinvestment_Act

Community Reinvestment Act (or CRA, Pub.L. 95-128, title VIII, 91 Stat. 1147, 12 U.S.C. § 2901 et seq.)

 [3] http://en.wikipedia.org/wiki/Redlining

[5] Pia Lopez: The party's over; now comes the big cleanup With state at heart of credit crisis, it's up to governor to propose bold steps By Pia Lopez plopez@sacbee.com Published: Sunday, Oct. 12, 2008 http://www.sacbee.com/110/story/1305207-p2.html

http://www.sacbee.com/110/story/1305207-p3.html

[6]http://rycksrationalizations.blogtownhall.com/2008/10/14/california_crashes_the_politicos_call_for_more_regulation_and_more_government.thtml

 [7] Pia Lopez: The party's over; now comes the big cleanup With state at heart of credit crisis, it's up to governor to propose bold steps By Pia Lopez plopez@sacbee.com Published: Sunday, Oct. 12, 2008 http://www.sacbee.com/110/story/1305207-p2.html

[9] The Leftists Have a ‘Solution’ to California’s Budget Problems: Raise Taxes!! Grab Power!  Novel!

http://rycksrationalizations.blogtownhall.com/2008/09/22/the_leftists_have_a_%E2%80%98solution%E2%80%99_to_california%E2%80%99s_budget_problems_raise_taxes!!_grab_power!__novel!.thtml

 [9] California Plays Three Card Monte with Taxes and the Budget: Get the hell out of the state.

http://rycksrationalizations.blogtownhall.com/2008/09/18/california_plays_three_card_monte_with_taxes_and_the_budget_get_the_hell_out_of_the_state.thtml

 [9] California Crumbles as Paralyzed Politicos Pass Some Phony Budget: Arnold Will Veto This Wreckage.

http://rycksrationalizations.blogtownhall.com/2008/09/17/california_crumbles_as_paralyzed_politicos_pass_some_phony_budget_arnold_will_veto_this_wreckage.thtml

 [10] ““New York has been losing 200,000 residents every year since 2000,” said Al Samuels, RBA President/CEO. “We are losing our young people. Our college graduates are going elsewhere to work, seniors are being driven from their homes and New York is considered the second worst state in which to conduct business.” http://www.rocklandbusiness.org/newsletter/2008newsletters/070808-state-property-tax-cut.html

[13] Let’s Get Fiscal by Paul Krugman Op-Ed Columnist Published: October 16, 2008 http://www.nytimes.com/2008/10/17/opinion/17krugman.html?hp

 The Winner of the Swede's Bozo Prize for Leftist Stooges Now Instructs Us in Fiscalsim

http://rycksrationalizations.blogtownhall.com/2008/10/17/the_winner_of_the_swedes_bozo_prize_for_leftist_stooges_now_instructs_us_in_fiscalsim.thtml

 [14] Debt and Denial By Paul Krugman Op-Ed Columnist Published: February 13, 2006 http://select.nytimes.com/2006/02/13/opinion/13krugman.html

[16] Potential Loopholes In The Phony Bailout: ACORN May Be Out, But May Still Burden our Society with “Reasonable Loan Modification

Requests.”

http://rycksrationalizations.blogtownhall.com/2008/09/29/potential_loopholes_in_the_phony_bailout_acorn_may_be_out,_but_may_still_burden_our_society_with_%e2%80%9creasonable_loan_modification_requests%e2%80%9d.thtml

 [17]  A ‘distinguished professor’ of education at the University of Illinois-Chicago.

[20] Karl Marx and Frederick Engels, Manifesto of the Communist Party, 1848.                   

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