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Nancy Pelosi Covered Up Dems Role In Morgage Crisis

While Democrats have and will continue to deny any responsibility in the Housing bubble burst, a whistle blower has come forward and has blown the cover of their involvement.

The relaxing of mortgage regulations during the Clinton administration's footsy playing under the table with Wall Street Bankers and the dems gamble by insistence there was no problem even after the Bush administration expressed concerns to the House and Senate Banking Committees, brought the fiasco that help plunge America into the worst session in decades. Democrats in congress took on the arduous task of investigating for the American taxpayer. 

IBD

"We've long suspected the Financial Crisis Inquiry Commission wasn't honest in examining events before the meltdown. But an ex-commissioner says the probe was actually a full-blown political cover-up.

In a just-released book, former FCIC member Peter Wallison says that a Democratic Congress worked with the commission's Democratic chairman to whitewash the government's central role in the mortgage debacle. The conspiracy helped protect some of the Democrats' biggest stars from scrutiny and accountability while helping justify the biggest government takeover of the financial sector since the New Deal.

Wallison's sobering, trenchantly written "Hidden in Plain Sight: What Really Caused the World's Worst Financial Crisis and Why It Could Happen Again" reveals that the Democrat-led panel buried key data proving that the U.S. Department of Housing and Urban Development and other federal agencies pushed the housing market over the subprime cliff.  

In 2009, then-House Speaker Nancy Pelosi appointed her California pal Phil Angelides, a long-time Democrat operative, to lead the commission. 

The fix seemed to be in, and Wallison's account of the inner workings of the 10-member body confirms it. Here's what took place during the FCIC's 18-month, $10 million probe:  READ MORE 

The media's refusal to throughly investigate, and pinning of the resulting fall of the economy on the Bush administration, allowed Rep. Barney Frank and Sen. Christopher Dodd to leave office unscathed under the cover of the still democrat controlled congress and the Obama Administration. 

Frank and Dodd should be in jail for what these two men are responsible for in the name of politics.

Educational Crash Course # 744

Another Installment of Diogenes'
Public Service Educational Series:

"Musicology 101"

NEXT IN SERIES:
Women's Studies 

"Raising an intelligent and well adjusted husband."

with First Lady Michelle Obama

Crash Course Archive 

They Still Don't Get It.

"It was a bit dissonant last night to walk out of the theater after watching 'Selma'--a film about a man of peace who was murdered by a sniper--and stumble upon long line of people waiting to watch a film glorifying an American sniper who murdered hundreds." - From the Sewer Known as Tumblr

"I saw American Sniper last night, and hated it slightly less than I expected to. Like most Clint Eastwood movies – and I like Clint Eastwood movies for the most part – it's a simple, well-lit little fairy tale with the nutritional value of a fortune cookie that serves up a neatly-arranged helping of cheers and tears for target audiences, and panics at the thought of embracing more than one or two ideas at any time." - Rolling Stone Magazine

But then again, these are the same people who voted for a President who graciously interrupts his golf outings to be interviewed by a lunatic that looks like she just blew the Jolly Green Giant and eats Froot Loops out of a bathtub full of milk.......   

Fishnet Friday

Rand Paul Volunteers To Perform Delicate Eye Surgery On Harry Reid

In risky procedure, the optic nerve in question can only be approached

from the posterior side of the eye.

The Crown Jewel of Obama’s Middle East Policy Descends Into Chaos

by Grunt of  Monte Cristo

In the wake of the total surrender of the Yemeni government to Iran-allied Houthi rebels, the U.S. State Department has had only one profoundly unhelpful message: We don’t know what we’re doing, and neither do you, so refrain from speculating about it. This message was delivered to Washington reporters by seasoned State Department spokeswoman Jen Psaki as the resignation of Yemeni President Abdu Rabbu Mansour Hadi (pictured) was unfolding and his home was being shelled.

As quoted by the New York Times:

“We’re not in a position — and I don’t think any of you are either — to assess what it means at this point in time.” 

Despite Jen’s terse instructions not to think about it, I’d wager there are many good conclusions that we can draw from the events in Yemen. One is the simple fact that this is a spectacular failure for the Obama White House and its policies in the Middle East. The other is the nature of the striking betrayal that happened in the final hours of the collapse. According to Sebastian Usher, BBC:

"The resignation of the Yemeni president and his government is likely to plunge an already unstable country into uncharted territory.

It comes just a day after a deal was announced between the president and the Houthi rebels that was meant to paper over the sharpest edges of the current crisis.

The rebels received the concessions they demanded. For their part, they were meant to withdraw from the presidential palace and from Mr Hadi’s own house, as well as releasing a presidential aide they abducted last week.

They have done none of this. Mr Hadi and his government say they cannot continue under such conditions. Yemen was already close to chaos – now it seems it has no president and no government..."

I’m not referring to the obvious betrayal of the Houthi rebels. Everyone knew they would not keep any agreements after they had gained the upper hand militarily. 

What I mean by betrayal is that Hadi’s government followed the recipe of appeasement that the U.S. State Department forced on them. Giving the rebels everything they wanted and then expecting them to back off was Obama’s strategy, and the Hadi government followed the script to perfection. Now they have paid for it with their utter destruction. 

My question is, who will hold the U.S. State Department accountable for this failure? The Yemeni government that they supported is now in no position to do so.

 CROSSPOSTED FROM The Blog of Monte Cristo

A Stark Difference Compared to the Moron We Have Today.

Just The first 2:34 minutes should prove my point.

THE REAL STATE OF THE UNION 2015: By the Numbers

Just Another Trite Populism Stump Speech Filled with Prevarications and Obfuscations of Fact.

by Robert Janicki

On Tuesday night, President Obama defiantly gave Americans the single finger salute as he vowed to veto any legislation that diminishes Obamacare, Dodd-Frank or his unilateral amnesty action done through the stroke of a pen with an Executive Order.

Obama tried to paint an economic picture embellished with a rosy glow of unreal accomplishments from a growing economy, shrinking deficits, bustling industry, and booming energy production.  

The economy has had the slowest recession recovery in 70 years.  The American economy is still in a fragile state and has not returned to the growth rate of previous recession recovery periods.

The claim of shrinking deficits is only true in the context of Obama having run up the deficit greater than any other president before him and only now has deficit spending begun to slow down. 

Industry has grown, not because of Obama policy, but despite the crushing policies of Obama's agencies inflicting onerous and costly regulations on American industry.  

Finally, booming energy production is due to the private sector which has increased crude oil and natural gas production 67% on private and state lands compared to a measly growth rate of only 6% on federal lands.  And even that growth rate on federal lands only occurred because of private  lawsuits brought against the Obama administration in federal court forcing federal regulatory agencies to do their job of approving oil and gas leases on federal land according to federal law. 

Again, Obama perfunctorily injected several personal homilies of Americans in distress as he does in his major speeches.  The SOTU speech had the same humdrum feel of his many campaign stump speeches of the past.  President Obama did not lay out a cogent and coherent plan to bring along America into the inevitable future it will face either domestically with the economy, the area of foreign relations or national security in the face of the greatest challenge to American liberty and freedom with Islamist terrorists around the world.

Obama once again played the divide and conquer game of pitting the wealthy against the middle class and the poor, by calling for raising taxes on the wealthy to redistribute their wealth, as if the wealth of America is static and the wealthy have stolen wealth from the poor and middle class to attain their "unearned" wealth in the form of tax loopholes like capital gains compared to "earned" income of the working class.

What liberals refuse to acknowledge is that without the wealthy investing and putting their wealth "at risk" of losing value, there would be little economic growth in America.  Wealthy Americans are rewarded only when their risks are overcome by good business decisions in the private sector.  The working class does not have the same risk, since their reward is an immediate return for their labor and cannot be recalled should their employers fail to make a profit.

Raising taxes for any purpose at a time when the American economy is still in such a fragile state borders on malfeasance of Obama's leadership.  Obama's plan, like all historical liberalism, is to raise taxes, borrow more money and then to throw that money at the problem of income disparity.  Basically, Obama is seeking to reward his constituency at the expense of the producers who foot the bill for his delusions of Marxist socialist wealth redistribution.  

With Obama, it's always more "cowbell" government spending over and over again.  With a Republican Congress, I expect there will be no "cowbell" spending, the likes of which we have seen in the past six years.

Obama To Address Congress in Annual Manure Spread

Yes, it time again for Barack Obama's 6th annual presidential manure spreading festival know to American as "The State of the Union" Speech. This years addition to history is sure to be just as mind-numbing as in past years and with even more lofty unworkable ideals and Utopian dreams Barack Obama is known for.  

SOTU Bullshit Bingo enthusiast are sure to be pleased by this years event with such great catchwords as "Cuba" "Taxes" and "Free".

But we're sure to be entertained as in past years despite the droning speech, watching Joe Biden fidget around and start chuckling for no apparent reason, and John Boehner getting that pained look on his face like he's passing a kidney stone and wishing he could get up and go outside and light up a Marlboro.  Good Times, Good Times.

The President seen putting the finishing touches and polishing his address with speech writers

American Sniper Promotes Unrealistic Beauty Standards for Babies........ Retarded Snark From the Left

The Lefties continue to outdo themselves by writing retarded pieces that turn their ideology into a satirical parody of itself.  The most recent example is their collective temper tantrum over American Sniper,  truly something to behold:

"Much has been made of American Sniper, the Oscar-nominated, Clint Eastwood smash about a Navy SEAL with boy-band good looks and the cunning mind of a serial killer. But thus far obscured in the meditative pieces from media thought leaders about “the thrilling anticipation of gun play” and how it is “doing amazing business in its limited release” is the fact that it shamefully promotes unrealistic beauty standards for babies. 

The film notoriously forewent actual child actors in favor of plastic baby dolls, presumably to avoid traumatizing real babies from the terror of being in the same room as director Clint Eastwood....."

The entire “article” will leave you dumbfounded that they could be so intellectually retarded. Then again, this is Jezebel…a site without a brain, scruples or writing skills. They likely hire SJW’s off Tumblr…yes, they are that ignorant. Their vernacular is moron…nothing more.

Our Middle Finger Salutes You!

Mohammad Image of the Day

Muhammad in Hell

Image; Gustave Dore via IOTWReport 

So when the sacred months have passed away, then slay the idolaters wherever you find them, and take them captives and besiege them and lie in wait for them in every ambush. (Koran 9:5)

_______________________________

"And who is the greatest sower of discord in Dante’s Hell? It is none other than Muhammad (spelled Mahomet in Ciardi’s traditional spelling), who, as has often observed, was the greatest hater and generator of hatred in history,  teaching Moslems for the last 1,400 years that all non-Moslems are perverse enemies of Allah who deserve to be killed for the crime of not believing in Allah and his Prophet; the man who launched a war of Moslems against all of non-Moslem humanity that cannot end so long as Islam exists."

A Good Monday Morning

Al Sharpton Goes After Green Bay Packers Organization

MIDDLE FINGER NEWS SERVICE

PROTEST WE MUCH.....

MFNS - Immediately following the NFC Championship game between the Green Bay Packers and the Seattle Seahawks, the Rev. Al Sharpton and his National Action Network shot off an angry letter to the Packers home office.

The letter, authored by Sharpton himself and translated by his staff, accused the entire Green Bay Coaching Staff of conspiracy and underhanded tactics to gain unfair advantage in the Championship Game: 

"The almost total domination  through most of the game of the all African-American Seahawk defense squad by Green Bay's mostly Caucasian offense we find unacceptable in this day and age of professional football.  

The use of so many white players against the reigning Super Bowl Champions was a calculated move to embarrass people of color and the black community in general. We also see the blatant theft of 4 of Seattle's forward passes shows Green Bay's lack of respect of an African American quarterback....."  

Sharpton said the Green Bay organization should bring their team into line with the NFL standard of more African-American players and to assure their rightful player positions on the field, and also to assure against white privilege or an advantage over other teams. The complaint was also forwarded to the NFL Headquarters for review.

No word to whether protest marches are planned.

The Future Through a Looking Glass Darkly

by Robert Janicki

Since the 114th Congress was sworn in on January 6th, we have gotten a preview of things to come from President Obama and they aren't pretty.  Even before the new Congress was sworn in, Obama threatened to veto any legislation sent over from the Republican Congress that he didn't like.  This was a very telling indicator of things to come, despite Obama's follow up rhetoric that 'he was willing to work with Congress where he could.'

No Mr. President.  You have absolutely no intention of working with the Republican Congress.  In six years you have demonstrated one substantial fact.  You have no negotiating skills whatsoever.  You have repeatedly tried, and often been successful with, bludgeoning Republicans, rather than even trying to negotiate with them.  Of course with RINO's, that hasn't exactly been a real challenge for you, since they seem to surrender faster than the French or Italians.  But enough of this historical recitation of Republican weakness.  

Lest we forget Obama's early adult years, remember that he began as a community organizer.  CO's don't negotiate.  They demand.  They lay it out in terms of what you are going to do for them or else suffer the political or monetary repercussions.  CO's are very good at laying out the consequences of not acceding to their demands.  This isn't leadership, unless you're a Capo in the Mafia.  

CO's walk the legal line, which is very close to extortion.  All we have to do is look to the Al Sharpton/Jesse Jackson, Sr. community organizing business model.  The only difference between these two otherwise street thugs and the run of the mill street thugs is that they have a better plan and dress better.  And Obama is even a better dressed than these two race baiting hate mongers and with a hell of a lot more means to force compliance to his wishes.

Obama has taken the Sharpton/Jackson business model and run with it as president.  He's taken what can be best described as a cottage industry created by Sharpton/Jackson and made it a corporate model on an almost global scale, with the power of the presidency in the form of his pen and phone as he issues Executive Orders and Executive Memoranda.  By the way, Executive Memorandums do NOT go into the Congressional Record as do Executive Orders.  Hence, the public does not really know of all the orders that Obama has really issued.  

All one has to do is look to the  power Obama has exercised in retribution as he uses the IRS and the EPA as his most notable agents of mayhem, since they are the two most prominent means of coercing recalcitrant victims to see the light of Obama's political righteousness or at least roll over and play dead as RINO's are so experienced at.

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Rob Janicki is a retired educator, strong supporter of the 2nd amendment and all around good guy, as well as owner/operator of the website Wired Right  and owes me 20 bucks.