Democrats Bankrupt Financial Markets with Bad Mortgages – Proof

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The Fannie Mae and Freddie Mac Scandal in 2004 were like a bad heart attack. The scandal was a warning sign of the death of our financial markets to come in 2008. Watch this video if you want proof that the democrats were responsible for the bankruptcy of the financial markets, and a possible depression to come.

Tonight the democrats are trying to bailout the financial markets opening tomorrow with almost a trillion dollars of your tax dollars. The democrats are trying to hide their own crimes, and republicans are trying to keep the country from going into a depression because of the democrat’s mistakes.

I don’t want to see the markets get propped up artificially, because later the housing and financial markets could crash again if the values can’t be kept high. If this deal is passed, everyone had better hope the government gets a return on this bailout, or else you and I are going to be paying for generations to come.

This bailout would cost each American $2,000, if everyone had a job, or paid taxes, but that’s not the case, so each of us that do pay taxes will actually pay well over $4,000. Remember those tax rebates. GONE! Oh, and if Obama is elected he already wants to increase the deficit by giving everyone another $2,000 rebate check, even those not paying taxes. To pay for those rebates, Obama will then raise taxes, so in the end we will probably end up in a depression that will make 1929 look like the good old days.

Thank you democrats for screwing us worse than Jimmy Carter did.


Posted on September 28, 2008 at 7:32 pm(PST)

3 Responses to “Democrats Bankrupt Financial Markets with Bad Mortgages – Proof”

  1. Gary says:
    September 30, 2008 at 7:31 am

    Mack. awesome job of a response. HG hire this guy!! He can rock. Can’t what for a Dem response. But, there won’t be one, becuase they won’t take the time to research, they will just shout unfair and the tired old talking points we already know.

    Reply
  2. Mack says:
    September 30, 2008 at 6:47 am

    Did my research and found out that since 2001 President Bush saw this mortgage issue would bite us. In 2001 Bush warned the OFHEO and asked for reform. In 2002 again he asked for reform, the OFHEO said there’s no proplem with Fannie or Freddie. Again in 2003,again in Feb, June of 2004. And in 2005 Bush from March,April,May June and July again wanted oversite. Now lets see who was on the committee B.Franks,Kanjorsk,L.Gutierrez,Ruben Hingosa all DemOgods all said everything is great, don’t worry that Franklin Rain is takining 90 Million dollars in bonus and the rest of his cohorts. I can go on and on. Oh ya ,Dobbs, Obama , Kerry and Pelosi hands are not clean in these mess. Wake up America. Sempi fi Mack.

    Reply
  3. SCOTTY says:
    September 28, 2008 at 11:51 pm

    YOU MUST HAVE BEEN LIVING UNDER A STONE IF YOU BELIEVE THAT THE DEMOCRATS ARE RESPONSIBLE FOR THE MESS THIS COUNTRY IS IN. LET’S PLACE BLAME WHERE IT BELONGS AND THAT’S WITH PRESIDENT BUSH AND HIS COHORTS. WITH THE COST OF THE WAR IN IRAQ AT APPROXIMATELY $600 BILLION DOLLARS, AND INCREASING BY THE SECOND HOW CAN YOU NOT SEE WHERE THE PROBLEM LIES?

    ***HG says***

    The war has nothing to do with bad home mortgages and loans. Home mortgage and investment companies don’t fund the war.

    Guess you need to pull your head out and take a look past your hatred for President Bush.

    Reply

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