There is a lot of panic in the financial markets right now with the declining stock prices in most sectors. I personally attribute this insanity to the poisoning of the credit markets by the Democrats who were in charge of Freddie and Fannie. They purposefully mislead investors so that they could rake in $90 Million in bonuses based upon their fraudulently cooked books. The securitized mortgage instruments that they knowingly assisted in pawning off is the height of fraud in my book. These bad mortgages where sold Grade A or AA investments to the unsuspecting and the greedy alike are criminal in my opinion.
These CEO's and CFO's from Freddie and Fannie along with those Senators and Congressional members who accepted money from these organizations through their lobbyists are corrupt and ought to be punished in a fashion at least as harsh as was given to the ENRON crooks! If the heads of Freddie and Fannie had been life long Republicans they would already be indited for the crimes they have committed and if the top three Senators who took money from them to look the other way had been Republicans they would be the subject of countless exposes on the evening news! But instead they are given the keys to the kingdom and the mess is swept under the carpet and the American people are scammed for over a BILLION DOLLARS! And one of them, namely Barrack Obama, set to become the President of the United States in a similarly fraudulent fashion.
ENRON cost few thousand people everything, but this scandal is going to cost us all something alot more dear and precious.; or freedoms in the name of change. That change has a name and it has failed EVERY TIME AND PLACE it was tried. Communism, Marxism, and Socialism.
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Please vote for Bob Barr, the Libertarian Party candidate for president.
Why vote for McCain? He voted for the bailout, just like Obama. And both McCain and Obama voted for US government investment in big commercial banks, which is socialist, Socialism, maybe even Communism. Why not send a message to both parties that it is time to vote on principles? Why not? YES, we should!
Only Bob Barr is moral enough and conservative enough to deal with the issue of housing, Wall Street, and the rest of the current mess. He has not taken a cent from Fannie or Freddie or from any of the Wall Street firms that profit from the bailout. And Bob Barr has the support of Rep. Ron Paul, who did so well in the Republican primary debates.
Here’s Bob’s Web site: http://www.bobbarr2008.com/
Why is it that when people comment during political season every 4 years they fail to do anything other than post a cut & paste form letter? I anticipate more of these types of responses to appear this year.
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