We all knew that the war in Iraq and Afghanistan had its price and most were willing to pay. However, few could contemplated the severity of the collapse within the financial and housing markets. Combined with a venomous political environment born from a disputed presidential election our nations ability to both fight our enemies and our economic condition was utterly laid waste. The bitterness and virulent anger brought forth by the Democratic Party observed in blogs and on the street allowed for the strengthening of a well hidden agenda with the Party. The proponents of this agenda realized that under the current conditions of war, economic crisis, and a supportive and compliant media that the United States of America could, in fact, be dislodged from its historical beginnings.
The ultimate and un-repentant goal was and is to change the United States of America into a Socialist Republic. There should be no doubt that Americans of all political persuasion are in the midst of a political coup de ta. The only part of this puzzle that has not shown itself fully is how this agenda actually began taking shape. The events with Fannie Mae and Freddie Mac may lead many to believe that here is where the collapse of the world economy began and they would likely be right. Those within the Democratic Party (DNC) have long sought to establish an appearance of being the saviors of the great unwashed, but quite the contrary, the DNC’s only plans for American folk are to give up their hard earned wages. This has become easily done through slickly worded promises that for all intents resemble being blindfolded before being shot. The truth of the matter is, that many of the Democratic Party elite are millionaires twice over and will never have to pay taxes on their millions other than some interest revenue. Likewise, the elitist of the Democratic Party hate the notion that so many were becoming millionaires each year that they had to develop a mechanism by which to end this wind fall for those they considered less worthy.
In September of 2003 concerns about Fannie Mae and Freddie Mac surfaced only to be shot down by Senator Barney Frank with comments like “Fannie Mae and Freddie Mac, are not in a crisis”. Senator Frank went on to argue his point about those who may “exaggerate a threat of safety and soundness” of both Fannie Mae and Freddie Mac. This attitude created an environment by which regulatory efforts were delayed for years. The event was the beginning salvo against the free market of the United States and the world. When ever you introduce a tax payer backed program to a free market system the free market must artificially re-adjust to compete. Because of this the free market was forced to reduce mortgage interest rates and new home owners were able to gain home mortgages with little on no down. These major free market adjustments allowed home builders thought-out the United States, in turn, to rapidly raise the prices of their new homes which also increased the values of existing homes, thus creating the home mortgage crisis.
Whether or not the Democratic Party planned this to occur or not the results are the same: our nation’s economic outcome is poor at best. There was one way to solve this mess and it was to re-negotiate all mortgage loans taken out within 6 years and adjust their values to meet current market conditions. This opportunity was discussed and the Administration even suggested the possibility; however, as it stands, the current Administrations policy, at present, seems to be to allow foreclosures naturally to occur leaving many families taking the losses.
The failure of the housing and mortgage industry allowed the current Administration the ability to obtain a stake in a number of banking institutions under the auspices and authority of a regulator and owner. Many started complaining that an effort such as this was reminiscent of a socialist take over: Regardless it occurred. The economy grew worse and even with continued fresh injections of stimulus people began wondering where the money was going. When two of America’s largest automobile giants began to fall into foreclosure The Obama Administration was all too ready to jump in and impose a government mandated bailout. Those crying Socialism gained a voice in local Tea Party protests around the nation: a thorn in the side of the Obama Administration and local media. Tea Party events have become more effective than the Republican Party at identifying public concerns with what seems to be an ever increasing swing to the socialist left. Just recently a cap and trade bill passed in Congress and is set to be approved in the Senate and then signed by President Obama. This bill will likely force most energy companies to consider steep increases with individual and corporate utility rates. With this likelihood there is a grave probability that the Obama Administration may force utility rate reductions by forcibly taking control of the energy industry. Since both the Senate and House are controlled by the DNC there is a public fear that transparency is no longer on the table leaving Americans in the dark regarding their future and direction of their nation.
About the author
Phil Kammer wrote 194 articles on this blog.
Phil Kammer is just a simple guy who happens to write a bit; enjoys political truth; loves to shine the light into dark places and watch the liberals scatter, but most of all Phil loves God and works daily to become the servant he needs to be.
And ya Phil has a few degrees, was army infantry, now a father, a fisherman and loves a great game of monopoly.
Fast Food Socialism Blindfolds and Clothpins
We all knew that the war in Iraq and Afghanistan had its price and most were willing to pay. However, few could contemplated the severity of the collapse within the financial and housing markets. Combined with a venomous political environment born from a disputed presidential election our nations ability to both fight our enemies and our economic condition was utterly laid waste. The bitterness and virulent anger brought forth by the Democratic Party observed in blogs and on the street allowed for the strengthening of a well hidden agenda with the Party. The proponents of this agenda realized that under the current conditions of war, economic crisis, and a supportive and compliant media that the United States of America could, in fact, be dislodged from its historical beginnings.
The ultimate and un-repentant goal was and is to change the United States of America into a Socialist Republic. There should be no doubt that Americans of all political persuasion are in the midst of a political coup de ta. The only part of this puzzle that has not shown itself fully is how this agenda actually began taking shape. The events with Fannie Mae and Freddie Mac may lead many to believe that here is where the collapse of the world economy began and they would likely be right. Those within the Democratic Party (DNC) have long sought to establish an appearance of being the saviors of the great unwashed, but quite the contrary, the DNC’s only plans for American folk are to give up their hard earned wages. This has become easily done through slickly worded promises that for all intents resemble being blindfolded before being shot. The truth of the matter is, that many of the Democratic Party elite are millionaires twice over and will never have to pay taxes on their millions other than some interest revenue. Likewise, the elitist of the Democratic Party hate the notion that so many were becoming millionaires each year that they had to develop a mechanism by which to end this wind fall for those they considered less worthy.
In September of 2003 concerns about Fannie Mae and Freddie Mac surfaced only to be shot down by Senator Barney Frank with comments like “Fannie Mae and Freddie Mac, are not in a crisis”. Senator Frank went on to argue his point about those who may “exaggerate a threat of safety and soundness” of both Fannie Mae and Freddie Mac. This attitude created an environment by which regulatory efforts were delayed for years. The event was the beginning salvo against the free market of the United States and the world. When ever you introduce a tax payer backed program to a free market system the free market must artificially re-adjust to compete. Because of this the free market was forced to reduce mortgage interest rates and new home owners were able to gain home mortgages with little on no down. These major free market adjustments allowed home builders thought-out the United States, in turn, to rapidly raise the prices of their new homes which also increased the values of existing homes, thus creating the home mortgage crisis.
Whether or not the Democratic Party planned this to occur or not the results are the same: our nation’s economic outcome is poor at best. There was one way to solve this mess and it was to re-negotiate all mortgage loans taken out within 6 years and adjust their values to meet current market conditions. This opportunity was discussed and the Administration even suggested the possibility; however, as it stands, the current Administrations policy, at present, seems to be to allow foreclosures naturally to occur leaving many families taking the losses.
The failure of the housing and mortgage industry allowed the current Administration the ability to obtain a stake in a number of banking institutions under the auspices and authority of a regulator and owner. Many started complaining that an effort such as this was reminiscent of a socialist take over: Regardless it occurred. The economy grew worse and even with continued fresh injections of stimulus people began wondering where the money was going. When two of America’s largest automobile giants began to fall into foreclosure The Obama Administration was all too ready to jump in and impose a government mandated bailout. Those crying Socialism gained a voice in local Tea Party protests around the nation: a thorn in the side of the Obama Administration and local media. Tea Party events have become more effective than the Republican Party at identifying public concerns with what seems to be an ever increasing swing to the socialist left. Just recently a cap and trade bill passed in Congress and is set to be approved in the Senate and then signed by President Obama. This bill will likely force most energy companies to consider steep increases with individual and corporate utility rates. With this likelihood there is a grave probability that the Obama Administration may force utility rate reductions by forcibly taking control of the energy industry. Since both the Senate and House are controlled by the DNC there is a public fear that transparency is no longer on the table leaving Americans in the dark regarding their future and direction of their nation.
About the author
Phil Kammer wrote 194 articles on this blog.
Phil Kammer is just a simple guy who happens to write a bit; enjoys political truth; loves to shine the light into dark places and watch the liberals scatter, but most of all Phil loves God and works daily to become the servant he needs to be. And ya Phil has a few degrees, was army infantry, now a father, a fisherman and loves a great game of monopoly.
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