Donna V – “Of course, maybe cedarford misses the ’30’s. Certain people knew what to do with those pesky Jews cedarford is so obsessed with back in those days,…,”
True believers like cedarford think bringing on another great depression is just fine. To them it’s simply a recreation of the situation that gave them the maximum opportunity to expand government and demand that the masses obey. They see the 30s as the great missed opportunity of the past century, so they want to go back and do it right this time.
What impact that has on the masses is of no concern to them. After all, these people destroyed the economy by forcing Fannie and Freddie to make unrealistic loans to people who had a real desire to move up and own a home, then turned around and laughed at them for buying, “McMansions”. Destroying the hopes and opportunities of as many people as possible as rapidly as possible is the way cedarford and company get to act like the great saviors they see themselves as. Why, they’re absolutely overjoyed at having the opportunity to recreate a huge depression.
Why else would democrats (who never met a regulation they didn’t like) have resisted repeated calls to regulate Freddie and Fannie over the past six years? Simple, because they had bigger fish to fry, they were focused on bringing the economy to the point of collapse and those two entities were their chosen mechanisms. The so-called bailout proves it, too. It was stated as a way to buy up the mortgages that shouldn’t have been made in the first place, but instead it’s being used to take ownership positions in the financial instutions. That means, the same people who chose to ignore the existing laws and regulations can now do the same with any and all financial institutions, not just those primarly in the mortage industry.
If they don’t like a specific type of vehicle, well, you won’t be able to finance one. If they don’t like single family dwellings, you won’t be able to finance one. The same goes for anything they want to control. No regulations or laws required. They just vote their ownership shares and suddenly, whole classes of loans cease to exist. All they have to do is ignore the laws and regulations that don’t allow discrimnation, and they can even decide that “evil” groups like the Jews should never be allowed to finance anything. They’ll have to watch those stupid Christians, too, and probably need to give careful oversight to any black folks who might stray from the plantation, or someone who wants to be a plumber but didn’t shuck and jive just right. It’s all very easy since you can enforce lending law or not depending on your mood.
Regards
