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Home » News » Business

Monday, November 3, 2008

Federal budget deficit to balloon

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Entitlement spending set to soar to mind-boggling heights

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SpecialistMC

The Wall Street crisis was planned the night of Obama's meeting at Bill Ayres home to put Obama in The White House. Together they put a beautiful plan into place. This Strategy was first elucidated in the 1966 issue of 'The Nation' Magazine by a pair of radical Socialist Columbia University professors, Richard Andrew Cloward and Frances Fox Piven. David Horowitz summarizes it as: "The strategy of forcing political change through an orchestrated crisis. The "Cloward-Piven Strategy" seeks to hasten the fall of Capitalism by overloading the Government bureaucracy with a flood of impossible demands, thus pushing society into crisis and economic collapse....unquote Obama begin with ACORN by funneling millions into their organization. He then trained ACORN to stage protests in banks to force them to issue risky loans or they would be threatened to face racial charges. ACORN was trained to intimidate financial institutions into giving “Ninja” loans to people with NO assets, NO job and NO income, who couldn’t afford these loans. That caused the housing bubble two years ago it was by ACORN's actions they were able to destroy our credit system. As this played out, D-Barney Frank and D-Chris Dodd were able to cover up the millions of improvident loans to these bad risky house buyers. And Barney Frank and his chums successfully were able to block all of President Bush's attempts to put a rein on this problem. So Fannie & Freddie was forced to purchase all these failed subprime mortgages. Then both Frank and Dodd denied that there were any problems, and refused the Bush Admin. requests to set up a regulatory agency to watch over Fannie Mae and Freddie Mac, and they were still pushing for these agencies to go even further in promoting sub-prime mortgage loans almost up to the 'minute they failed'. Democrats then blamed Bush saying it happened on his watch knowing it would hurt the Republican Party in the election setting it up that Barack Obama could use this to his advantage. Karl Marx once compared a Revolutionary struggle with the work of the mole, who sometimes burrows so far beneath the ground that he leaves no trace of his movement on the surface. Barack Obama is that Marxist mole !
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ZachJonesIsHome

Spending is out of control now and will get worst should Obama be elected. I hoping for a Complex Bradley Effect (not based on race) to stop Obama. http://zachjonesishome.wordpress.com/2008/11/02/complexity-regarding-the-%e2%80%9cthe-bradley-effect%e2%80%9d/
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truthspeaker1

The republicans have taken us from a national debt of 954 billion dollars during Reagons first term to a national debt of 10 trillion dollars. Where was this paper when this was happening, you were promoting candidates and policys that produce this mess.
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USRJOE

Republicans, we need to defeat the democrats by letting them take the fall for the next few years ensuring long term GOP leadership. Things are going to be bad for a while and with the democrats in power we know it will become even worse. There is a good chance Senator McCain wont be able to make things better either which would definitely keep us out of power till 2016 or God forbid 2020! This cannot happen. With the liberals in control it will be absolutely clear that they are to blame and everyone will understand that we were right, which will ensure Republicans begin to permanently take back control during the next election cycle in two years. We need to look ahead and in two years begin the return to power that will be complete in four years. From here we will bring this country back to its feet guaranteeing long term Republican leadership through 2020 or beyond. Besides, John McCain has never been a completely loyal conservative. So this conservative says stay home on Nov 4th and let the democrats destroy themselves.
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GlobalEye

By: SpecialistMC The Wall Street crisis was planned the night of Obama's meeting at Bill Ayres home to put Obama in The White House. Together they put a beautiful plan into place. This Strategy was first elucidated in the 1966 issue of 'The Nation' Magazine by a pair of radical Socialist Columbia University professors, Richard Andrew Cloward and Frances Fox Piven. ============================== So it all began when Obama was FIVE YEARS OLD?? LOL! I think SpecialistMC was home-schooled by Clifford Irving.
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truthspeaker1

USRJOE wrote: Republicans, we need to defeat the democrats by letting them take the fall for the next few years ensuring long term GOP leadership. Things are going to be bad for a while and with the democrats in power we know it will become even worse. ***************************** How so very like the republicans screw up everything and try to pin the blame on the democrats. After the democrats fix their mess then they will start their appeal to the so called values voter.
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