The Roots of Melt Down and The Fake "War on Poverty"

Want to know how the lending "crisis" was pulled off? Just ask Bill. He's an authority on these matters. Next get this information into the hands of Darrel Issa (House Oversight Committee). Thereby, you may succeeed in saving the United States of America -- and the world -- from the Red Menace and the "enemy within." Note: This revelation is based on NEW information brought to light by the VENONA project and the opening of the Communist Party Archives in Moscow. See book by Haynes and Klehr. Thanks!

See also the history of the National Welfare Rights Organization that spawned ACORN. Does Bill Clinton know about the "Cloward Piven Strategy," you ask? Duh! I guess so! Bill Clinton gave an AWARD to Andrew Cloward and Francis Fox Piven! (Might be spelled Pevin.)

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• Pevin
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• financial
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• down
• Darrel
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• Oversight
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• VENONA
• Piven
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• Fannie
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[sharkattack1313]

didn't carter start the CRDA?

Rham Emannual was director Freddie, Franklin Raines too.

The ponzi scheme was created because they had a scapegoat, Unqualified Borrowers.

Thank you for bringing the question of Kellerman.

If you will, think of it as getting a hot tip on a horse. Everyone int he know goes and gets that 600K mortgage knowing full-well they will not pay it back. It was the latest sure thing.

Great vid great work and don't lose your focus

sharkey

[opchidexio2]

Carter, yes. Thanks. They called it the "Community Reinvestment Act" or CRA.

In effect, Carter partially "nationalized" private businesses (in this case, banks) and turned them into public charities MANDATED to provide for the "needs" of poor. (Huh? Where the hell did Jimmy & Co. get the authority to seize private property?)

We didn't complain because we didn't care about "greedy bankers."

Now, WE are on the hook for those "toxic assets."

[deltapunk21]

Fact is dude without the Fed reserve debasng the currency of the US and artificially low interest rates and manipulation usng their broad "expansive" powers and etc. and pumping out all of that inflation to BUY up through the FHA/Fanie/Freddie and creating credit derivatives to sell to their" network geihtner and etc. insde the banks the leftists who lied about that TRIPLE A rating to their bosses and etc. none of this would have been possible Your knowledge of this "crisis" is incomplete