Thursday, October 23, 2008

FIRST WE BREAK IT, THEN WE TAKE IT!

That's the Democrat Party mantra.

If Democrats want to control something, they will get heavily involved, over-regulate it, legislate negative changes, and ruin it so the only salvation is....... government takeover.

This housing crisis is the root cause of our present day financial troubles. This crisis didn't come out of nowhere.

It was the result of the political decisions, led by Democrats in the late 90s, to loosen the rules of lending so home loans would be more accessible to almost-poor people. Fannie Mae and Freddie Mac were authorized and encouraged to approve risky loans................ to a target audience.

The goal of these rules changes was to help the almost-poor. But are you really helping people by giving them a loans they can't repay? They get into a house, yes, but when they can't make the payments, they lose the house along with what little credit they had.

They end up worse off than before, but now.... the government comes to the rescue.

This was completely foreseeable and in fact many people predicted it. One political party tried repeatedly to tighten up the rules and often sounded the alarm. The Democrat Party blocked every such attempt and further loosened the rules.

Poor people are already dependent on government, now the government gets the next layer.

FIRST WE BREAK IT, THEN WE TAKE IT!

Does anyone in their right mind think that Democrats don't want to control the pot-of-gold that is health-care?

Look at what they've been doing to health-care for the last 10 years. REGULATE, LEGISLATE, LITIGATE.

One of the center-pieces of the Obama health-care fix is to force/require insurance companies to sell policies to anyone who can pay. And what happens if suddenly, for whatever reason they can't pay? Can you say Fannie Freddie part deux?

They're not trying to save health-care, they are trying to wreck it in order to swoop in and 'save the day'

Banks, mortgages and health-care are easily within complete Federal control.

Next on the hit-list:

Pension funds (401k)

Auto makers.

Airlines.

Broadcasting.

Insurance companies

FIRST WE BREAK IT, THEN WE TAKE IT!



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