Here, you are urged and encouraged to run your mouths about something important.

Wednesday, November 2, 2011

Smoking Gun to Mortgage Crisis Found?

The smoking gun in the home mortgage crisis may just be a 20-page document from 1994 and contrary to the sentiment of the OWS crowd, the banking industry's fingerprints aren't on it; the Clinton administration's are. The left, OWS, and the Democratic Party apparatchiks would have everyone believe that the banks took advantage of people who couldn't afford mortgages, leaving those people holding the proverbial bag. In reality, and this document appears to prove it, banks were mandated - as all sensible people suspected - to issue mortgages to individuals who would never pay them back.

Via Investors Business Daily:
President Obama says the Occupy Wall Street protests show a "broad-based frustration" among Americans with the financial sector, which continues to kick against regulatory reforms three years after the financial crisis.

"You're seeing some of the same folks who acted irresponsibly trying to fight efforts to crack down on the abusive practices that got us into this in the first place," he complained earlier this month.

But what if government encouraged, even invented, those "abusive practices"?

Rewind to 1994. That year, the federal government declared war on an enemy — the racist lender — who officials claimed was to blame for differences in homeownership rate, and launched what would prove the costliest social crusade in U.S. history.

At President Clinton's direction, no fewer than 10 federal agencies issued a chilling ultimatum to banks and mortgage lenders to ease credit for lower-income minorities or face investigations for lending discrimination and suffer the related adverse publicity. They also were threatened with denial of access to the all-important secondary mortgage market and stiff fines, along with other penalties.
The piper is always paid and the Democratic Party appears to be doing all it can to make sure he doesn't come knocking on their door by placing the blame on the banking industry.

CLICK HERE for the 20-page memo, which mandated that banks grant mortgages without restrictions.

Read it all.

Is this Proof OWS is Evil?

Aside from the fact that the number of arrests that have taken place at OWS protests around the country has topped 3000 - and continues to rise - OWS has received some very disturbing endorsements. When the Tea Party protests were taking place, any attempts made by left wingers to infiltrate the movement were largely met with the political equivalent of Round-up. Infiltraitors were weeded out constantly. Even if one assumed OWS wanted to do the same thing, it would be far more difficult because of the sheer number of entities that have either endorsed, sponsored, or expressed support for the movement.

Via PJM:
...we hereby present a list of groups, organizations, individuals and entities that have expressed their support for, sponsorship of, or sympathy for the Occupy Wall Street movement.

Note: All entries on this list are real and verified. Below each entry you will find a series of source links documenting the support for OWS. We have striven in almost all cases to reference either first-hand statements by the groups or individuals themselves, hosted on their own Web sites; or videos of the people in question voicing their support for OWS at various Occupations; or news reports from reliable mainstream networks; or articles by publications or organizations sympathetic to the Occupy movement; or indisputable evidence, whatever the source. As a result, it cannot be claimed that these statements of support were made up or distorted by detractors of the Occupy movement.

As each new controversial endorsement has appeared over the last month, OWS supporters have dismissed them one by one as “isolated examples” that don’t reflect any overall trend toward extremism. But when viewed in aggregate like this, it becomes much more difficult to dismiss any individual endorsement as an aberration; instead, an undeniable pattern emerges.
The list includes the likes of the American Nazi Party, the Communist Party USA, Hezbollah, the Ayatollah Khamenei, the Government of North Korea, David Duke, and many others.

CLICK HERE to see the entire list.

h/t The Blaze

Oakland Mayor: All Police Report for Duty, all Other City Employees Join OWS Protests

I think it's safe to say that liberal Oakland mayor Jean Quan has either officially gone insane or the political pressure is so great, she's become utterly powerless while appearing as the person behind such an insane decision. After ordering the Oakland police to clear out protesters last week, Quan changed her mind and had police stand down and allow protesters to 're-occupy' the city. Now she seems to be presiding over the human equivalent of cock-fighting. We're talking Michael Vick territory on a human scale here. On Wednesday, November 2nd, she has ordered every police officer to report for work while encouraging every other city employee to take the day off and support OWS.

No, really.

Check out this open letter from the Oakland Police Officers' Association to the people of Oakland:
As your police officers, we are confused.

On Tuesday, October 25th, we were ordered by Mayor Quan to clear out the encampments at Frank Ogawa Plaza and to keep protesters out of the Plaza. We performed the job that the Mayor’s Administration asked us to do, being fully aware that past protests in Oakland have resulted in rioting, violence and destruction of property.

Then, on Wednesday, October 26th, the Mayor allowed protesters back in – to camp out at the very place they were evacuated from the day before.

To add to the confusion, the Administration issued a memo on Friday, October 28th to all City workers in support of the “Stop Work” strike scheduled for Wednesday, giving all employees, except for police officers, permission to take the day off.

That’s hundreds of City workers encouraged to take off work to participate in the protest against “the establishment.” But aren’t the Mayor and her Administration part of the establishment they are paying City employees to protest? Is it the City’s intention to have City employees on both sides of a skirmish line?

It is all very confusing to us.
Quan is likely a pawn in a much larger game that involves some key individuals. First, Van Jones got his start in Oakland years ago, protesting against police. He is also one of the key instigators of these protests. He warned people back in September that his 'Rebuild the Dream' effort would bring about an 'American autumn' similar to the 'Arab spring.' In many ways, this is likely a reason why Oakland has become a flashpoint for OWS.

Next, consider Rep. Barabara Lee (D-CA). Not only does she have an interesting history with Van Jones but Oakland is in her district. She was registered with the Democratic Socialists of America caucus as recently as 2009 and also supports OWS.

How about Obama's closest adviser, Valerie Jarrett? She sang Van Jones' praises back in 2009 and touted his work in Oakland as one of the reasons he was hired by the White House.

Then, of course, there is Barack Obama. He continues to express support for the OWS movement.

Oakland mayor Jean Quan is looking beyond foolish with this latest move but when it is put in the context of her likely doing the will of an extremely powerful political machine, it makes a bit more sense.

One thing is clear. By ordering all police to report for duty and all city employees to show up to protest, one is only left to conclude that someone wants confrontation, which is exactly the opposite of law and order.

Read more about this Oakland dynamic HERE. I also addressed this angle on my October 30th radio show.

h/t Hot Air
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