By Sharon Sebastian
Website:
www.Darwinsracists.com
Old news, except it isn’t.
Last week, in regard to the devastating housing fraud that helped collapse the
U.S. economy, a Reuter’s headline read: “U.S. Sues Bank of America for Alleged
Mortgage Fraud.” According to Reuters, Barack Obama’s Justice Department “filed
a civil mortgage fraud lawsuit against Bank of America, accusing it of selling
thousands of toxic home loans to Fannie Mae and Freddie Mac that went into
default and caused more than $1 billion of
losses.”
That’s right, the banks did
it. In reality, it is another glaring example of Barack Obama and the
Progressive Democrats’ adeptness at avoiding culpability and deflecting blame.
After all, to this date, they have fooled so many about their role in
perpetuating the housing collapse that thrust the economy into a nose dive. They
are counting on voters lacking enough information to connect-the-dots as they
point accusingly at their partners in crime. Most Americans have been told by
Obama’s lap-dog media that it was all the fault of greedy bankers, mortgage
brokers and Wall Street derivatives – some of which came into play once the
set-up, the opportunity for greed bated the bad players into joint
accountability.
The question the American people should ask
is: Who were the masters of the economic collapse, the architects whose scheme
worked so well that they virtually escaped the blame? Historically, it will go down as one of
the liberal Democrats’ all-time big lies to the American people. Democrats led
by Barney Franks (D-MA), Chris Dodd (D-CT), Maxine Waters (D-CA) and Greg Meeks,
(D-NY) are on video, in effect, in support of glutting the housing market with
unsustainable mortgages in the form of bad loans. In Capital, Azi Parbarah
reported in 2011 that New York Mayor Michael Bloomberg pointed the finger
squarely at the Democrat-controlled Congress as instigating America’s financial
collapse:
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