Here's another foodstamp horror story. Just a brief one really, that needs no explanation. Two girls, maybe twenty years old, picking out steak, soda, and potato chips to buy with their EBT foodstamp card while chatting on their I-Phone. As far as I know, the I-Phone costs about a hundred dollars a month to run. So please, sell your fancy phone and stop stealing my tax dollars.
Repeating From Last Week:
The housing meltdown which is at the heart of our crisis started in earnest in 1992 when Mister Clinton had the great idea to sell houses to low-income voters who couldn't afford them. No question that both sides ignored the problem but got rich off the over-inflated bubble, but it started under Bill Clinton. The records are there. Here are a few links that show just what I'm talking about:
From The New York Times in 1999: Fannie Mae Eases Credit To Aid Mortgage Lending (http://query.nytimes.com/gst/fullpage.html?res=9c0DE7DB153EF933A0575AC0A96F958260&sec=&spon=&pagewanted=all) "Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people..."
From the New York Post: Alarms and Denial (http://www.nypost.com/php/pfriendly/print.php?url=http://www.nypost.com/seven/09262008/postopinion/opedcolumnists/alarms__denial_130763.htm)
Bloomberg Financial News: "How the Democrats Created the Financial Crisis" (http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aSKSoiNbnQY0)
YouTube: Democrats in their own words (http://www.youtube.com/watch?v=_MGT_cSi7Rs)
YouTube: Burning Down the House (http://www.youtube.com/watch?v=1RZVw3no2A4&feature=iv&annotation_id=event_597487)
YouTube: Obama Ranks Second In Freddie/Fannie Contributions (http://www.youtube.com/watch?v=H-_HlpZ8azA&feature=related)
Now I'll repeat what I said last week. First and foremost, this economic crisis has roots in the Clinton administration. Clinton ordered that home loans be given to families that could not pay them. Granted, Bush should have seen the meltdown coming, but it's a time bomb that Bill Clinton planted under the house. It's up to President Obama to set the tone and the course to rebuild our house. We all share responsibility for doing the hard work, but the President is the boss. The buck stops in the Oval Office. And speaking of the Oval Office, I have to admit that I have liked a fair amount of what I've seen of our new President. Words are cheap, and politicians are good at saying things people want to hear. At the same time, we need this presidency to be successful, and he can't succeed without our support. So while I'll be quick to point out everything that I see him do wrong, I'll also try my hardest to point out everything that I see him do right. I saw him talking to Matt Lauer just before the Superbowl, and he looked, unlike candidate Obama, like a man with humor and compassion and an appreciation for the humanity of the people that make up this country. He was funny and self-deprecating and seemingly unscripted. That man will have my support for as long as he occupies the White House. When he stops being that man, I'll stop supporting him.
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