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Friday, September 26, 2008
David Limbaugh :: Townhall.com Columnist
Hiding the Ball
by David Limbaugh
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Will the Dems' health care Christmas Present to America be an improvement or detriment to our health care system?


Endless reports and many books have been written documenting Barack Obama's discipleship in the thug tactics of Saul Alinsky's "Rules for Radicals." For Obama, community organizing was not an innocuous vehicle for assisting the needy. It was and is a cynically dangerous vehicle for the politics of extortion and intimidation and the usurpation of power by socialists, whose ideology and methods more closely resemble those of Josef Stalin than those of Mother Teresa.

These sources also prove beyond any reasonable doubt Obama's close -- not remote, not casual -- relationship with the nihilistic, America-hating, Pentagon-bombing radical William Ayers. Obama glibly dismisses the very idea that he should be blamed for a passing acquaintanceship with a guy who was bombing the Pentagon "when (Obama) was 8 years old."

Enough with the insults to our intelligence, Mr. Obama. You were not 8 when you launched your state Senate campaign in Ayers' home. You were not 8 when you served in the Chicago Annenberg Challenge, which Ayers was instrumental in establishing. You are not 8 today, though you are still Ayers' close friend, while he remains an America-hating radical, wholly unrepentant about his terrorist activities, other than to say he didn't do enough.

The fact that Obama would be seen in the same room with this guy should disqualify him from presidential aspirations. But he's not just in the same room. In many ways, he's on the same page, as evidenced by his default instinct to apologize for America and to blame America first.

But Obama will continue striving to hide the ball on this association and many others, including those with the Rev. Jeremiah Wright and Tony Rezko.

But beware; if anyone dares to expose those relationships and their sordid details, he will open himself up to malicious and fraudulent charges of racism and other Saul Alinsky thug tactics that make Bill Clinton's politics of personal destruction look like child's play.

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About The Author
David Limbaugh, brother of radio talk-show host Rush Limbaugh, is an expert in law and politics and author of Bankrupt: The Intellectual and Moral Bankruptcy of Today's Democratic Party.
 
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a GREAT video about the crisis
... and apropos here as well

http://www.youtube.com/watch?v=H5tZc8oH--o

This youtube takes a few minutes to watch, but it shows really WHY we are in this financial crisis, which was substantially caused by the left/'Crats... I urge you to WATCH IT, PASS IT ALONG, and POST IT ANYWHERE where cognitive people might be interested in understanding the mess.

The video has links and reference sources to build its case. Speaking as a banker of 25 years who was asked to deal for a time with problem assets, I can attest that the banks were effectively compelled to make marginal to poor mortgage loans under the guise of government backing. We all knew that CRA type lending was a ticking time bomb.

The video shows how a flawed social engineering theory resulted in a massive housing bubble, which inexorably had to burst eventually, exposing the fatally flawed lending mistakes engendered by government leftists, first beginning under Jimma' Carter, but made far worse under Slick Willie Clinton.

It was not first and foremost (or even primarily) the marketplace which failed here... it was, once again, social engineering theory and government fiat... but "greed and graft in the marketplace" will wear the collar. This is not, however, to exonerate the thieves packaging mortgages (MBS's) on Wall Street. They are the same morally-bereft, vulture types who were there for the LBO and "dot.com" ripoffs... this time it is MBS's and derivatives.


I will say this-- IF the government bailout does not overprice the "assets," we COULD actually come out whole. We did on the Chrysler bailout, and even when we bailed out Mexico, which paid us back early and at a premium-- probably with some of the oil or drug $ we send them! We even came out surprisingly well on the massive S&L bailout following Reagan's ill-fated and ill-advised deregulation of thrifts (S&L's).

J
And by the way, do you admire the preachings of the "Rev." Wright, preacher and mentor of The One, thrown under the bus only after saying the The One will say whatever he has to to get elected?

Or perhaps the worldly philosophy of Weatherman Ayers? How sophisticated is HE?!! Wow, man, kewl.
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