The Parse

Parsing the stupidity

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The American Thinker documents Barack Obama’s radical connections and implicates him in the financial sector meltdown that resulted in today’s socialism bill being signed into law.

Everyone needs to read it.  Obama is the most radical and dangerous candidate to ever be nominated by a major party.  Our country will suffer significant and perhaps irrevocable damage if he is elected.

One of the most newsworthy revelations in the article is Obama’s hand in risky sub-prime lending:

“Most significant of all, ACORN was the driving force behind a 1995 regulatory revision pushed through by the Clinton Administration that greatly expanded the CRA and laid the groundwork for the Fannie Mae, Freddie Mac borne financial crisis we now confront. Barack Obama was the attorney representing ACORN in this effort.”

Also, the Obama campaign’s financial chairperson, Penny Pritzker, defrauded depositors out of $50 million when her bank failed in 2001 and had a hand in repackaging subprime loans into investment vehicles.  We all are paying for that move.

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Written by The Parse

October 3, 2008 at 2:13 pm

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