Posted by
davecatbone on Tuesday, October 07, 2008 8:14:07 AM
It's getting frayed at the edges. The Race card is being thrown on the table so often from the party that seeks to elect a Post-Racial nominee, that the ink is starting to rub off. The facts are clear to the objective. Democrats all the way back to LBJ have been offering sub-prime loans to the poor, and Community Organizers have been pressuring Government and Financial Institutions with intimidation to pump more and more money into the market for people who can't afford to pay it back.
And here we, the middle class sit, on the hook for 700 billion dollars, because the Democrats have decided to bail the ill advised mortgage investments out. We've been at this for a couple weeks now, and most of you know the ins and outs. We know
Barney Frank, Chris Dodd, and Barack Obama are up to their ears in responsibility for this mess which goes back to
Bill Clinton. But we also know, it's the responsibility of the borrower to know what he's getting himself into. At least that's what you and I were raised to believe America was about. Now
the AP writes that Barney Frank begs to differ:
Rep. Barney Frank said Monday that Republican criticism of Democrats
over the nation's housing crisis is a veiled attack on the poor that's
racially motivated
I say the criticisms are an attack on the stupid and thier enablers who profited financially and politically from the
Community Reinvestment Act.
"They get to take things out on poor people," Frank said at a mortgage
foreclosure symposium in Boston. "Let's be honest: The fact that some
of the poor people are black doesn't hurt them either, from their
standpoint. This is an effort, I believe, to appeal to a kind of anger
in people."
Rep Frank is up for re-election this November. And his message and tone should be a tip off that this bald faced liar, this manipulator of the system for his own financial and political gain, this shameless Race Baiter is from Massachusetts. Does that shock anyone?