I've been biting my tongue on the financial issue, mainly because I wanted the facts and history behind me before I wrote.
Anyone who has seen that famous movie, pitting George Bailey against Mr. Potter, should have a fair idea what's going on right now with this financial crisis in which America has found itself.
The more research you put into the causes of the collapse of Fannie Mae and Freddie Mac increases the clarity with which you ultimately determine that most of the fault lies squarely with liberal Democrats in our government. Lending money to those who cannot afford to pay it back, last time I checked, was not really a good business idea. And all the oversight that was supposed to be happening in our hallowed halls of Democratically controlled government was evidently not happening (perhaps they were too busy digging up dirt with which to try to impeach President Bush).
And it is these same liberal Democrats who, now that they've worked to destroy the system, profess to be the saviors.
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The fact that Barack Obama, himself, was receiving payouts (to the tune of $105,000) should be enough (if we were dealing with rational voters) to sink his campaign in the knowledge that the only thing he's really going to change in Washington is the egregiousness of the abuse of power.
But the biggest point that everyone seems to be missing (even the media … go figure) is that Fannie and Freddie are GOVERNMENT SUBSIDIZED – which means that "oversight" is supposed to already be happening … by our liberal Democratic friends in Congress: Nancy Pelosi's plantation.
I guess they were too busy counting their payout from those institutions.
Back to George and Mr. Potter …
Remember the scene where there's a run on the bank, and George is supposed to be going on his honeymoon (with the delicious Donna Reed … sigh)? George, like the great person he is (kinda like the American voter), creates calm and order to help the local citizens through the crisis. Then, a guy runs into the Bailey S&L screaming, "Potter is paying out 50 cents on the dollar. …" Old Mr. Potter was taking advantage of people's panic and buying all their mortgages, enabling him have more control over the town of Bedford Falls.
Does this sound familiar with what is going on right now? Crisis, panic, government bailouts?
And remember how, when George (the American voter) was given the gift of seeing what the world would be like without him, Bedford Falls had become "Pottersville"?
Please vote.
Tim Hirota