Posts Tagged ‘affirmative action’

It Was DEMOCRATS Who Blew Up Our Economy In 2008

October 19, 2010

I’ve been saying this for months: It was DEMOCRATS who destroyed our economy in 2008.

First of all, given all the times that you’ve heard the line, “The Republicans created this mess,” ask yourself a question: when was the last time you heard an explanation as to just precisely what the Republicans did to cause the disaster?

Don’t be a lemming and a tool; read up on how Democrats loaded up GSEs Fannie and Freddie with liberals, massively increased the government ownership of the mortgage industry, engaged in incredibly risky policies even as our housing market was beginning a cyclical downturn, and then refused to allow any regulations or reform whatsoever:

With Eyes Finally Wide-Open, Reconsider Why The Economy Collapsed In The First Place

Who REALLY Exploded Your Economy, Liberals Or Conservatives?

Biden: We Misread The Economy – And It’s All The Republicans’ Fault

Want To Know Why Your Economy Blew Up?

Barney Frank And Democrat Party Most Responsible For 2008 Economic Collapse

This Blame Bush Crap Has Just GOT To End

And here’s the latest fact and the latest explanation as to just how Democrats blew up our economy:

The quotes that explain the entire financial meltdown
posted at 12:10 pm on October 12, 2008 by Ed Morrissey

For those who want a smoking gun to show the genesis of the financial collapse, this short sequence from a longer video I posted this week will do it. Clinton HUD Secretary Andrew Cuomo announced a settlement of a lending discrimination complaint with Accubanc, a Texas lender whose prerequisites for mortgages came under attack from “community organizers” at the Fort Worth Human Relations Commission and the city of Dallas. I clipped out this sequence to underscore its importance:

Watch the video.

CUOMO: To take a greater risk on these mortgages, yes. To give families mortgages that they would not have given otherwise, yes.

Q: [unintellible] … that they would not have given the loans at all?

CUOMO: They would not have qualified but for this affirmative action on the part of the bank, yes.

Q: Are minorities represented in that low and moderate income group?

CUOMO: It is by income, and is it also by minorities? Yes.

CUOMO: With the 2.1 billion, lending that amount in mortgages — which will be a higher risk, and I’m sure there will be a higher default rate on those mortgages than on the rest of the portfolio

Here, in fact, is the genesis of the problem, the ideology that created the monster.  Cuomo, the Clinton administration, and Congress believed they had the right and the power to determine acceptable risk for the lenders, rather than lenders determining it for themselves in a free market.  Even while imposing risk standards on lenders, Cuomo admits that he expects a higher default rate on the new loans — which is why the lenders didn’t want to write them in the first place.

In other words, the CRA didn’t get used to fight discrimination, but to force lenders to give money to high-risk borrowers for political purposes.  And Cuomo knew it.

That was the political arrogance at the heart of the collapse.  However, the CRA was more a sideshow than the actual problem.  When Congress decided that enforcement alone wouldn’t generate enough mortgages to boost their political fortunes, they had Fannie Mae and Freddie Mac eliminate the risk entirely for lenders through the purchase of the subprime loans.  Without that risk and with almost-guaranteed short-term profits of subprime loans, lenders went wild while Fannie and Freddie repackaged them as quasi-government bonds for investors.

While Democrats like Barack Obama, Harry Reid, and Nancy Pelosi keep blaming “greed” for the collapse, it was Democrats like Barney Frank and Chris Dodd building that “greed” into the system in order to drive the subprime lending market.  And it was Democrats like Frank, Dodd, Maxine Waters, and Lacy Clay who suggested that regulators like Armando Falcon were racists for blowing the whistle on the Ponzi scheme they created.

The Democrats decided, as Michelle says, that mortgages were a civil right, and wouldn’t cost the American taxpayers a dime.  How well is that working out, America?  And now, the question you have to ask yourselves is this: Do you want the nation’s economic policies run by Obama, Pelosi, Reid, Dodd, and Frank for the next two years?

John Adams said, “Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other.”

The problem is that we aren’t a moral or religious people anymore.

We’ve become a bad people.  And bad people allow a climate in which lies dominate, and then they believe the lies they are told.

And that is why we allowed a mainstream media to fabricate an entire culture of lies, and then we believed their narrative that Republicans (who hadn’t been in power for two years in the Congress) were the party to blame.  We blamed Bush – who tried SEVENTEEN TIMES to reform and regulate Fannie Mae and Freddie Mac prior to the economic meltdown just in 2008 alone.  And Bush had called for reform and regulation of the GSEs 34 times since 2001.  And we put the very Democrats who blew up our economy by refusing to allow those reforms or regulations until after it was too late in charge of the economy that they ruined.

It was Democrats and the Government Sponsored Enterprise system Democrats created (i.e., GSEs Fannie and Freddie) that created the financial disaster; just as it is Democrats who are in total control of our government who are CONTINUING to undermine our economy now.

We gave Democrats total power.  And in just two years they have so destroyed our economy and our health care system that we may never be able to recover.

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Choosing Policies Based On Character, Or Color: Please Choose Wisely

July 29, 2010

It was the late 1980s, and I experienced something that will probably puzzle me for the rest of my life on this earth.

I had ordered “Blazer Cable” so that I could see the Portland Trailblazer home games.  And in order to help pay for it – and to make it more fun to watch – I got a few friends to go in on it with me.

One night, one of my friends brought one of his friends over on a night when the Blazers were playing the Chicago Bulls.  I thought the guy had some faulty wiring from about the moment I met him, but, what they hey.

In any event, to get to the point, at some point during the game my friend’s friend was sitting on the couch alone with me (everybody else was either in the kitchen or in the bathroom, as it was halftime).  They were interviewing Michael Jordan.  And he looked over at me and said, “Would you trade places with Michael Jordan?”

This was like the stupidest questions I had ever heard, and I’ve heard quite a few stupid questions.

“Of course I would,” I said.  I mean, duh.  Michael Jordan was strikingly handsome, he was filthy rich, he was incredibly successful, and he was one of the best athletes in the history of the human race.  And I wouldn’t want to trade places with him why, exactly?

Then came the only possible answer.

My friend’s friend starting giggling.  I can’t really call it laughing.

“What the hell is so funny?” I asked.

“You’d trade places with a black guy,” he said, still giggling.

Well, yeah.  I waited to hear the cross-eyed albino boy start playing a banjo.

At the time, I was too astonished to be angry at the guy.  It was like encountering someone who – in spite of massive evidence to the contrary – believed he was invisible to the human eye.

I’ve thought about that few second encounter a number of times since.  It still amazes me to this very day.  How can somebody possibly get that stupid?

In the years before that moment, and since then, I had known some black men who were total turds.  And I have known some black men whom I regarded as having superior character to my own.

Lumping people into racial groups and then judging people on the basis of the color of their skin is every bit as stupid as not wanting to change places with Michael Jordan simply “because he’s black.”  But I see it being done all the time these days.  By the left.

I was raised to regard character, intelligence, virtue, attitude and attractiveness of personality as the qualities that determined the value of a person.  It had never even occurred to me to think that the color of one’s skin made on more or less valuable.

I was also raised to want to continue to improve myself.  I was raised to want to become a better human being, to improve my station in, and my quality of, life.

I think that’s why I react so viscerally to the racial attitude inherent in modern liberalism.  To pit people against each other on the basis of color and bigotry, and to label white people as being evil and somehow complicit in some kind of white power structure is bad enough.  But it goes beyond that.

It’s self-taught, self-limiting perpetual victimhood.  It’s providing a class of people with a ready-made excuse for failure; it’s discouraging them from even really bothering to try, and rewarding them for not trying; it’s an evil exchange in which one accepts all kinds of control over their lives in exchange for destructive and cancerous welfare; it’s wallowing in an attitude of bitterness and even self-loathing that dooms one to a life of misery.  It is a guaranteed perpetuation of failure.

It is a completely alien worldview to me.  Every bit as much as that idiot who wouldn’t trade places with Michael Jordan “because he’s black.”

I made the earlier comment that I’ve met black men whom I regarded as being superior to me in the thing that I value most – character.  They were examples to me, and as a result of their friendship, I became a better person.  I’ve also known a number of white men whose superior character helped me advance in my own life.  The point is that you desire excellence, and you take it wherever you can find it.

I have a feeling that Pastor C.L. Bryant would be one of those men, were I fortunate enough to know him.

From ScottFactor.com:

Slavery, Courtesy Of Liberals Everywhere
July 27th, 2010

Comedian Eddie Murphy once joked that Lincoln forgot to sign the Emancipation Proclamation, and that people should go out and claim their slaves. I’m here to tell you that the Democratic Party took that request seriously and have claimed their slaves.
When 98 percent of African-Americans vote Democrat, that tells me that they are psychological and economic slaves to a Party that structures its fiscal policy to keep the black man down.

Welfare policy, government-forced affirmative action, reduced testing requirements for minorities…these are all things that don’t serve to elevate people to greatness, rather, they keep people down.

This video is a movie trailer about a man who proposes that these slaves to the liberals run away from the slave plantation that liberals have created. Its creator, Pastor C.L. Bryant, holds an honest discussion about black conservatives in America. Quote the man, “Run away from the slavery of tyranny toward the blessings of liberty!” Check it out:

David Horowitz rightly calls African-Americans “the human shields of the Democrat Party.”  It simply a fact of history that modern African-Americans have come hat-in-hand to the Party of Slavery, and the Party of the Ku Klux Klan.

That analogy illustrates a simple fact that was well-known only a couple years after the Civil War ended:

And the above isn’t a cartoon from some “right wing” loon, but from the venerable and quite left-leaning Harper’s Magazine.

Even the left-leaning historian Eric Foner observed that:

“In effect, the Klan was a military force serving the interests of the Democratic party, the planter class, and all those who desired restoration of white supremacy. Its purposes were political, but political in the broadest sense, for it sought to affect power relations, both public and private, throughout Southern society. It aimed to reverse the interlocking changes sweeping over the South during Reconstruction: to destroy the Republican party’s infrastructure, undermine the Reconstruction state, reestablish control of the black labor force, and restore racial subordination in every aspect of Southern life” (Foner 1989, p. 425–426).

I wrote the following as part of a comment a few weeks ago to point how how shockingly far black Americans have gone from what should have been their core:

Let us never forget that Democrats were the party of slavery. And that Democrats were the creators of the Ku Klux Klan. It literally took a war in which Democrats had to be militarily crushed to keep them from enslaving people based on the color of their skin. And thank God for the Republican Party and a Republican president for freeing the slaves from Democrats. Let’s not forget that Woodrow Wilson – Democrat president and the father of the progressive movement – RE-segregated the military after Republicans had DE-segregated it. Let us not forget that Wilson cheered the racist propaganda film “Birth of a Nation.” Let us never forget that the national party convention that was so directly tied to the Ku Klux Klan that it was called the “Klanbake” was the 1924 DEMOCRAT convention. Let’s not forget that FDR’s New Deal directly attacked blacks and kept them from getting jobs.

Few know about the incredibly racist history of pro-Democrat labor unions (see also here), but it is both very real and very ugly.  And progressive Democrats were at the very core of it.

Few have bothered to learn the Democrat Party’s profound legacy of racism.  Or the Republican Party’s history of standing up to protect the rights, freedoms and dignities of black Americans.

As we move into the 1950s we find that a Democrat Governor, Orval Faubus, called out the National Guard in 1957 to prevent black children being integrated into white schools. And again, a Republican president had to rise to the occasion, with Dwight D. Eisenhower sending in US Army airborne troops to enforce racial equality that had once again been opposed by Democrats. And of course Alabama Democrat Governor George Wallace would fight for racist segregation all over again in 1963. It was Democrat John F. Kennedy who sent in the troops this time. But few are aware that that same John Kennedy had previously voted AGAINST the Civil Rights Act.

And let us not forget that both the famous Martin Luther King, Sr. and his even more famous son were both registered Republicans. It’s a shame that the pseudo civil rights leaders of today aren’t fit to carry Martin Luther King’s shoes, much less criticize his party affiliation.

Martin Luther King, Jr. and Frederick Douglas BOTH fundamentally opposed the quotas and preferential treatment that liberals have employed to create the equivalent of the Democrat “house negro.” Jack Greenberg of the NAACP said in the 1950s that “The chief problem with quotas is that they introduce a potentially retrogressive concept into the cherished notion of individual equality.”  But it is readily obvious today that the NAACP has fallen far from it’s roots.

Let’s listen to Frederick Douglas, escaped slave and greatest of all champions of civil rights, has to say:

Frederick Douglass ridiculed the idea of racial quotas, as suggested by Martin Delany, as “absurd as a matter of practice,” noting that it implied blacks “should constitute one-eighth of the poets, statesmen, scholars, authors and philosophers.” Douglass emphasized that “natural equality is a very different thing from practical equality; and…though men may be potentially equal, circumstances may for a time cause the most striking inequalities.”77 On another occasion, in opposing “special efforts” for the black freedmen, Douglass argued that they “might ‘serve to keep up very prejudices, which it is so desirable to banish’ by promoting an image of blacks as privileged wards of the state.”

So now conservatives are suddenly racists for agreeing with Frederick Douglas and Martin Luther King, Jr. and against liberals and the vile pseudo values that the greatest civil rights leaders in history condemned?

Richard Nixon, whom Democrats love to make the poster boy for “Republican racism,” was in fact the first president to introduce the racial quotas that Democrats have been trying to implement and expand ever since.  Which is to say that, if you want to argue that Nixon was a racist, Democrats have been baptizing themselves in Nixon’s racism ever since.  And if Nixon employed a racially immoral strategy to win whites, the Democrat Party has employed the flip-side of that same immoral strategy to win blacks.

Liberals are biblical – and never in a good way:

PSA 52:3 You love evil more than good, Falsehood more than speaking what is right.
MIC 3:2 “You who hate good and love evil, Who tear off their skin from them And their flesh from their bones

History proves again and again that DEMOCRATS are the racists, and conservatives have stood for genuine equality again and again.

There are men and women of basic virtue in every race, and even every creed.  The problem is that there are fewer and fewer of these, while the men and women of apathy, degeneration and self-centeredness abound.

Slavery is a terrible thing.  But it is even worse when one willingly applies the shackles to his or her own wrists and ankles and demands the right to a government-imposed easy way out, in pathetic contrast to the principle from an Aesop fable, “Better to starve free than be a fat slave.”

Watch the video.  One of the amazing and tragic facts that emerge is that, with liberal ideology and Democrat policies paving the way, blacks have instituted their own self-genocide, murdering more than one-third of their very own children.