Posted by
Locutisprime on Saturday, September 27, 2008 12:07:57 PM
A theme that has been hammering around in my head for a week now is affordability. Particularly as it concerns the perceived affordability that liberal democrats would have us believe is readily within our grasp. What does affordability really represent to a liberal? What does it really represent to a conservative? These are definitions and values that I for one believe need to be explored during our present election cycle. Particularly as it concerns our current economic meltdown and proposed bailout of Wall Street and after considering the proposals of either candidate who may become our next president.
Wall Street is culpable in the present economic fiasco, make no mistake about that fact, but who else is culpable? Who or what else led those on Wall Street to be so stupid and to play so fast and loose with the realities of sound financial planning and the economic survivability of this nation? Those who know the answer to those questions, know immediately that the seeds of our present destruction were planted thirty years ago during a different era and during a different administration. Surely the likes of Nancy Pelosi and Harry Reid aren't so obtuse or even outright stupid as to believe that all this has been caused by the present administration of George Bush.
Surely Pelosi and Reid are aware of George Bush's attempts in 2003 on the heels of 9/11, to rein in and put the brakes on what had obviously become a runaway train on Wall Street, as it concerned the present implementation and incarnation of the Community Reinvestment Act and the runaway train of the repeal of Glass Steagall. Surely Pelosi and Reid and the other supposed leaders of the loyal left recognize that as recent as 2005, Senators Hagel, Dole and Sununu were sounding the alarm on Fannie Mae and subprime failures across rthe market and what that represented for the future economic viability of this nation. And surely they recognized as recent as 2006 that John McCain had joined the same chorus in Washington sponsoring a bill to address the coming collapse and failure of Fannie Mae and Wall Street if nothing was done to stop it. Surely these people who call themselves loyal Americans realize that the evil seed of America's economic demise was planted and nurtured in the garden of multiculturalist dogma and a belief that forced socialist perspectives can become reality, if only given enough of the people's money and a free wheeling enough congress and presidency to assure that the absurdity passes into law. Surely they knew all these thing. Any reasoned thinking person with an IQ above room temperature and an awareness of history knows damn well that they did.
The evil that has been visited upon us presently, has been brought to us by the presidency of Jimmy Carter in 1977 and it is precisely what was further propelled and ramped up under the presidency of Bill Clinton in 1995. It was called the "Community Reinvestment Act" of 1977 when Carter signed it and later when Bill Clinton took it to the present level of "affirmative action in banking" that has realy led to and been responsible for this disaster. Of course now? (present day) The democrats want to hit the ditch and attempt to claim that it was the republicans all along who did this to us. The same way they would like most Americans to believe that they (democrats) had absolutely nothing to do with the repeal of the Glass Steagall Act, which literally threw open the doors of financial and market speculation by banks in America after a 75 year prohibition of same. Something known and recognized as the harbinger of doom back in 1932, back when the stop gap Glass Stegall Act was first enacted and signed into law.
But in 1999 it was cast aside by those in both parties seeking a bigger, better, faster way to supposedly grow the economy.
In my opinion, I believe that those like Phil Graham and other republicans who pushed for the repeal of Glass Steagall in the 90's, were so consumed with their own desires to see the last vestiges of New Deal programs eliminated, that they blinded themselves to the realities that all junkies face when looking at a fix. Once you are hooked on main lining the opiate? There is no turning back. And OPM (other people's money) was the opiate influencing all in Washington over the last ten years. The democrats who were behind eliminating Glass Steagall, including President Bill Clinton, knew all along that their interest in the ploy, was to attempt to cover the tracks of the ever approaching Tsunami of the Communities Reinvestment Act that Clinton had truly unleashed on the country four years earlier.
The economic reviews were already in and the bean counters on both Wall Street and in Washington knew that what they were seeing as the much lauded "affordable housing for all" was in fact beginning to seriously weaken and damage the underpinnings of the most respected financial institutions in this country. But the federal government was the one with the gun to the collective heads of banking in America. And the band played on, because after all the goal was both honorable and desirable and the federal government sadi that it was both right and doable.
"Affordable housing" was after all something that all Americans could both understand and at the same time feel that everyone deserved. Just another example of that American premise of fair play. But little did people realize that there is a difference between fair play and the relative cosmic sense of fairness in all things. Cosmic fairness is that willow wisp smoke in the haze that exists only in the minds eye. It doesn't exist in reality because as smoke is only a fleeting reality of image, fairness in all things is something that can never be achieved. Life isn't fair, nature isn't fair, the weather isn't fair and the human consciouness isn't fair, regardless of how much we would like to make it so or think that it can be envisioned so.
But we bought into the hype and the hustle and the rainbow colored world of relativist illusion and Nirvanic ecstacy as it concerned the concept and dreams of supposed affordable housing for all. And that brings me back to the current reality, both as it applies to the past and the future. The democrats in the past wanted us to believe that affordable housing wasn't just some wild eyed dream, but something that was actually achievable "in our life time." Well it has come to pass in our lifetime and I don't think that affordable is what we should be calling it now. Especially having now seen the real price tag of socialist Nirvana and it's sister Utopian representations.
Seven Hundred Billion dollars will just be the opening bid friends. Everyone knows that regardless of what the government of this country promises that something will cost? At best that is maybe twenty percent of what the actual or final cost will end up being once implemented.
And while you are contemplating these realities, stop and think of the other dreams that our loyal liberal friends of the democratic party have in store for us in the immediate future. Their next big ticket item on their agenda? Right after rolling back the existing tax cuts and proposing almost 900 billion in additional spending on top of what we already have? Is that they want us all to have "affordable healthcare."
Remember that? That is what both Hillary Clinton and Barack Obama and every democrat of the last fifteen years has been pitching at the American public and wailing about. Forty million uninsured Americans, an American travesty, an unjust disparity between the classes, caused by the evil rich, something that we can fix, etc. etc. etc. All the mixed metaphors and analogies have been prepped and primed for almost twenty years now. All in anticipation of making the big pitch and the big push that we are now seeing in this presidential election.
Is America really ready for this? Ask a democrat and they will tell you that we are overdue for affordable fairness. We are long past the time when affordable health care should have been an reality for all Americans as it is only fair. But the question never answered or even approached relatively by liberals, is where does the money come from for all this. Who pays for all this? And the answer remains as it always has in the Utopian socialist imagery of socialist relativism. It's more taxes stupid! All we have to do is reapportion the tax burden to where it truly belongs. The evil rich have more than enough to pay the social bills of a socialist society right? Just look at every example (any example) of socialism in practice on this planet over the last 200 years? And you can plainly see that.....well you can see that.... well you can see that uh, perhaps we need to revisit the history after our perceived successes have actually been accomplished. Yes, that would be a grand time for us to show off how well we have done and perhaps then? We can fund our new hall of heroes. Perhaps we can even name in Marx Hall.
has revealed the true crack in the facade of what is really going on in Washington and why,