Posted on 11/03/2011 10:20:35 AM PDT by ETL
Will OWS finally start picketing in front of Christopher Dodd’s house? Didn’t think so.
Can we have Barney do the perp walk yet???
Well it depends on 1) Weather 2) How many 5 star chefs will cook for the vermin 3) How many media losers with cameras are on the scene 4) If they didn't oversleep due to so much marijuana use...
I was taking my courses for my Master's in the height of the economic collapse. My prof said in 2008 that Barney was taking the wrecking the ball to the US Economy via Fannie / Freddie and here we are in 2011. That Professor seems like a genius now...
Depends, OWS likes free food from 5 Star Chefs, they like to ban homeless until it gets cold and they "need advice". I hope I don't need to go to downtown Chicago and see these vermin or I may end up in jail. I own a small business, work my ass off every day and these vermin sit around complaining because their degree in Arts hasn't gotten them a job... WTF!!!
It certainly is profitable to lose money. Uncle Sugar will cover everything, and that way they don’t have to do anything different.
This is the difference between making and getting money.
Sure. They need a few billion more to cover the bonuses for their executives. I thought you had to do something good to earn a bonus.
What is wrong with these people?
Perfect....
The Cloward-Piven Strategy of Manufactured Crisis
[Obama's strategy for destroying the economy]
frontpage.americandaughter.com
| August 31, 2008 | Jim Simpson
Liberals self-righteously wrap themselves in the mantle of public spirit. They ardently promote policies promising to deliver the poor and oppressed from their latest misery — policies which can only find solution in the halls of government. But no matter what issue one examines, over the last fifty plus years, the liberal prescription has almost always been a failure.
Why is this so? Why does virtually every liberal scheme result in ever-increasing public spending while conditions seem to get continually worse? There are a number of reasons:
In short, all develop a vested interest in the program’s survival. But if the result is always more and more government, of government, by government, and for government, with no solution in sight, then why do liberals always see government as the solution rather than the problem?
Similarly, liberals use government to promote legislation that imposes mandates on the private sector to provide further benefits for selected groups. But the results are even more disastrous. For example, weighing the laws or stacking the courts to favor unions may provide short term security or higher pay for unionized labor, but has ultimately resulted in the collapse of entire domestic industries.
Another example is health care. The Dems are always trying to impose backdoor socialized medicine with incremental legislation. Why do you suppose American healthcare is in such crisis? Answer: the government has already become too deeply involved. For example, many hospitals are closing their doors because they are overwhelmed with the burden of caring for indigent patients, illegal immigrants and vagrants who must, by law, be admitted like everyone else, despite the fact that they cannot pay for services. Read about it here — Destroying Our Health Care. The net result is reduced availability of care for everyone, exactly the opposite of what liberals claim to want.
To further complicate things, liberal jurists and lawyers have created new theories of liability that utilize the legal system as a means to further redistribute income. This too, has resulted in higher costs and prices in affected industries, higher insurance costs, or in some cases, complete elimination of products or services.
Liberals’ endless pursuit of “rights” for different groups also does little but create increasing divisions in our society. Liberal policy pits old against young, men against women, ethnic and racial groups against one another, even American citizens against illegal aliens, all in the name of “equality.” The only result is anger, tension and equal misery for all.
How does any of this improve our lot?
Finally, when companies relocate overseas to avoid the high cost of unionized labor and heavy domestic regulation, liberals sarcastically excoriate them for “outsourcing” America. Yet, when it comes to certain domestic industries, liberals in Congress suddenly become free marketers and choose to buy from overseas contractors rather than domestic suppliers. This happened most recently with a huge military contract being outrageously awarded to the heavily subsidized European consortium, AIRBUS, over America’s own Boeing. Since liberals claim to be so determined to “save the American worker,” what gives?
You have to take a step further back and ask some fundamental questions. Why is the liberal public policy record one of such unmitigated disaster? I mean, even the worst batter hits one occasionally. No one bats zero. No one that is, except liberals.
Prior to the Republican takeover in Congress in 1994, Democrats had over fifty years of virtually unbroken power in Congress with substantial majorities most of the time. With all the time and money in the world — trillions spent — they couldn’t fix a single thing, not one. Today’s liberal has the same complaints, and the same old tired solutions. Can a group of smart people, studying issue after issue for years on end, with virtually unlimited resources at their command, not come up with a single policy that works? Why are they chronically incapable?
Why?
When things go bad all the time, despite the best efforts of all involved, I suggest to you something else is at work — something deeper, more malevolent.
I submit to you that it is not a mistake, the failure is deliberate!
There is a method to the madness, and the method even has a name: the Cloward-Piven Strategy. It was first elucidated in the 1960s by a pair of radical leftist Columbia University professors, Richard Andrew Cloward and Frances Fox Piven:
The strategy of forcing political change through orchestrated crisis…. …the “Cloward-Piven Strategy” seeks to hasten the fall of capitalism by overloading the government bureaucracy with a flood of impossible demands, thus pushing society into crisis and economic collapse.
[Part II of this article will explore those organizations created to implement the Cloward-Piven strategy and their ties to the presidential candidacy of Barack Obama.]
The Complete Cloward-Piven Series
The Cloward-Piven Strategy, Part I: Manufactured Crisis
The Cloward-Piven Strategy, Part I — print copy
The Cloward-Piven Strategy, Part II: Barack Obama and the Strategy of Manufactured Crisis
The Cloward-Piven Strategy, Part II — print copy
The Cloward-Piven Strategy, Part III: Conspiracy of the Lemmings
The Cloward-Piven Strategy, Part III — print copy
Hate Crimes Legislation — Back Door Censorship
_______________________________________________________________
Also see (from David Horowitz's DiscoverTheNetworks.org) ...
THE CLOWARD-PIVEN STRATEGY (CPS):
http://www.discoverthenetworks.org/groupProfile.asp?grpid=7522
_______________________________________________________________
Tuesday, January 05, 2010
By Glenn Beck
Meet Richard Cloward and Francis Fox Piven,
authors of the Cloward-Piven strategy
"I'm going to give you a hard concept to get your arms around: It's the concept that there are people in this country who want to intentionally collapse our economic system."-Glenn Beck
By Jeff Poor
Business & Media Institute, 9/24/2008
excerpt...
"Frank, who is openly gay, had a relationship with Herb Moses, an executive for the now-government controlled Fannie Mae. The column revealed the two had split up at the time but also said Frank was referring to Moses as his "spouse." Another Washington Post report said Frank called Moses his "lover" and that the two were "still friends" after the breakup.
Frank was and remains a stalwart defender of Fannie Mae, which is now under FBI investigation along with its sister organization Freddie Mac, American International Group Inc. (NYSE:AIG) and Lehman Brothers (NYSE:LEH) – all recently participants in government bailouts. But Frank has derailed efforts to regulate the institution, as well as denying it posed any financial risk."
http://www.businessandmedia.org/printer/2008/20080924145932.aspx
____________________________________________________________
Lawmaker Accused of Fannie Mae Conflict of Interest
By Bill Sammon, October 03, 2008
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.
http://www.foxnews.com/printer_friendly_story/0,3566,432501,00.html
____________________________________________________________
Rush Limbaugh's Barney Frank/"Banking Queen" parody of ABBA's "Dancing Queen" (fun-nee!):
http://www.youtube.com/watch?v=ZwVWXN0Pyq4
Yes, the DemonRats’ strategy is to “spend, spend, spend”. On anything BUT the military that is, treasonous scum that they are.
Thanks for the post and interesting book recommendation.
Wish in one hand, sh!t in the other and see which one fills up first.
It’s not just Obama and the Dems. GW Bush went to Harvard (see cartoon above) and was a big fan of “minority home ownership.” In 2004 his SEC allowed a sweetheart deal with Goldman etc. for only certain megabanks to allow them to have more debt and invest more in the ironically named “mortgage backed securities.” Bear Stearns bet 33 to 1 (33 debt for 1 equity.)
GW Bush probably trusted his advisers and did not understand this change very well. Paulson was the head of Goldman at that time and became treasury secretary later.
Obama is much worse of course. My point is that some in the GOP have helped them destroy the US economy.
Everyone is right. Many of these loans should have never been given out. The government should have NEVER got involved in a private real estate market. But that ship has sailed.
RE: “Barney Frank isn’t in prison because... ?”
It would make all the Cell Block Bulls entirely too happy.
Besides; he might wear the poor cons out in no time flat!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.
