Tuesday, July 28, 2009

Blame-Spreading

1: The housing crisis was caused by banks making home loans to people who couldn't afford them, and defaulted.

They were forced to do this. Federal mandates forced them to make loans on a quota basis. Fannie Mae and Freddie Mack, which are unconstitutional government agencies, were formed to absorb these risky loans and make the taxpayers note-holders.

Banks don't like to make dumb loans, and would never have done this had the Federal government not violated the US Constitution and forced them to.

Officially, they did this to help everybody afford a home, even if they couldn't. I'm with the government. I'm here to help.

The banks had trouble meeting their bad/stupid/high-risk loan quotas, and tried a bunch of gimmicks to get more democratic voters to buy homes which they couldn't afford.

President Bush and Republicans called for additional regulation and other reforms on seventeen occasions, and Dodd/Frank laughed it off, saying there was no problem. Then the balloon popped...and Barney Frank...is here to...fix it...

Bill O'Reilly, whose definition of fair and balanced is making sure to get squarely in the middle and point fingers at both sides, says there's enough blame to go around. The FACT is that the entire cause of this collapse was government interference in the private sector. The TRUTH is fair and balanced, and does not care about appearing moderate or reasonable.

2: In Cambridge a cop was called to a residence to investigate what sounded like a break-in. He was called a racist and harangued viciously for having the audacity to call the person who had just broken into the house out to find out who he was.
This person was unstable and irate. When he wheeled around and went into the house, the officer followed to make sure he wasn't going for a GUN so he could shoot this racist Nazi cop.

The cop was calm and was doing his job, which was to protect that residence, and the very person who was now acting very much like a dangerous maniac on drugs.

NOW, I'm hearing about "two grown men who lost their tempers and just couldn't back down".

BULLSHIT. Cop: Right. Professor: Wrong. The officer never raised his voice, and followed procedure to the letter. This garbage is being spewed despite the officer having been chosen by his black police chief to teach non-profiling; who was defended by same as one of his best, and who was backed by a black and a hispanic cop who were on the scene.

Stop doing this. The truth is reality, and reality is what is, period. Regardless of what you believe or what you want, you can't be mushy about it.

The housing crisis would never have happened without the government's interference and mandates. The Professor was wrong, period. We don't need any "teaching moments"...that's Obama being the adult and the rest of us children, and should tell you something. What's to learn here, other than yet more distortions and emotional fog?

TRUTH TRUTH TRUTH.

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