Mega Glomerate Main-Stream Media

The endless drone of rhetorical regurgitation from the MGMSM snot gobblers is dizzying in it’s circular projections of blame, denial, and deflection.  I hope to distill the whole tawdry circus and expose the dirty laundry of the present jackanapes in the power positions to make things happen the way they did and why! But first a little background is needed.

Ever since the Congress became covered in slime by the left wing loons of the Demoncratic Party there has been a concerted effort to force every kind socialist/communist policy they could desire down the throats of the American public.  The Demoncratic idealouge’s whole socialist program is borne not out of benevolence or caring for the poor and down trodden designated victim classes.  It’s all about getting votes through a quid-pro-quo program that really amounts to bribery, extortion, and larceny.  It also sets up the under pinning of the socialist slave system used so brutally by all present and past socialist thugs.  Undesirables, like conservatives and others who are opposed to  socialism and communism, are labeled “social misfits and intolerant” then are hustled off to re-indoctrination camps, i.e. slave labor camps where people are stripped of their human dignity and worked to death in brutal harsh conditions.  The people who hold these types of ideas on social engineering are your present day mentors of Barack Hussein Obomber and company BTW!

So what are these benevolent polices, who set them up and oversaw same?  The most favorite trickery tool of the socialist is housing and sustenance.  Give everyone a place to live and a check every month and you’ll have them eating out of your hand.  This is the oldest trick on the socialist cadre of deception and lies.   The catch is, you can have the free place as long as you tow the party line!  Here in inventive America the ardent acolytes of socialism came up with a twist on this scheme.

To insure they receive the votes they need to stay in their fat cushy jobs and get their rocks off dictating to the masses, the Demoncrats came up with a novel idea.  Coerce the banks to make risky no money down loans to their designated victim classes and the suckers would line up in droves to register as Demoncrats and vote same!  That’s right force the banks and lending institutions into irresponsible destructive banking and finance policies. Any sensible banker would rather shoot themselves than be a part of such a scheme.  But the chairmen of House and Senate Banking Committees did just that, railroading fiscally unsound policies down the throats of the financial institutions.

Forget money down, forget ability to pay, forget everything, just give the designated victim classes the loans and STFU!  Oh BTW did I mention the backdoor deal that was made, that the GOVERNMENT would guarantee these shady loans if the financial institutions went along with them! Oh and don’t forget the HUGE commissions and bonuses the GOVERNMENT allowed to be made off ALL these risky real estate loans.  To make matters worse the self-same Congressional institutions that where supposed to be overseeing the financial markets let the speculators buy these shaky loans up at at discount and then unload them on unsuspecting investors as investment packages.

So here we are today, the loans crashed, the investments plummeted, the banks and financial institutions that went along with the ponzi scheme failed and then, LO BEHOLD, the BAILOUTS began, without even so much as a hat tip to the taxpayers who are ultimately going to end up with the bill.

Let’s now give thanks and credit where credit is due.

Barney Frank – Chairman of the House Financial Services Committee – Claimed Fannie Mae and Freddie Mac where solvent knowing full at the time that it was a blatant lie!

Chris Dodd – Chairman of the Senate Committee on Banking, Housing, and Urban Affairs – Dodd in his role as chairman of the Senate Banking Committee proposed a housing bailout to the Senate floor in June 2008 that would assist troubled sub-prime mortgage lenders such as Countrywide Financial in the wake of the United States housing bubble‘s collapse

The Federal Reserve Board – Provided the capital to fund the bail outs required after the market fell apart under Dodd and Franks  socialist fiscal policies and sideline fiscal philandering.  The FED’s biggest sin was sitting idly by while financial market burned down around them.  Makes one wonder what insidious role these thieves had to play in the grand scheme now playing out.

Frank, Dodd, and the FED is only the tip of the iceberg in this scandal there are many others who have and are still benefiting from the present financial crisis.  The list long and arduous but suffice it to say that above are at the top of the list of criminals in the current economic crises!