Nemo me impune lacessit

No one provokes me with impunity

____________________________________

No Title of Nobility shall be granted by the United States: And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State.

Article 1, Section 9, Constitution of the United States

If this is the law of the land...why in a republic (little r) and as republicans, do we allow mere POLITICIANS to the right to use a "title of office" for the rest of their lives as if it were de facto a patent of nobility. Because, as republicans, this should NOT be the case...just saying...

The Vail Spot's Amazon Store

Chris Muir's Day by Day

Monday, September 03, 2012

Obama Led Lawsuit Fueled Sub-Prime Housing Bubble!

Barack Obama, as a "community organizer" (communist PC speak for economic saboteur) filed a lawsuit in 1995 that was a moving force that brought on the Sub-Prime Mortgage meltdown in 2008.

President Barack Obama was a pioneering contributor to the national subprime real estate bubble, and roughly half of the 186 African-American clients in his landmark 1995 mortgage discrimination lawsuit against Citibank have since gone bankrupt or received foreclosure notices.
This from the guy who blames his predecessor for all the economic woes of this country.

In the White House, Obama has continued to intensify regulatory pressure on banks to provide more risky loans to African-Americans and Latinos. He has used lawsuits to fund his allies. And taxpayers are now unwittingly contributing to a re-inflation of housing prices.

Meanwhile, the president has blamed the housing bubble on supposed GOP deregulation, even though President George W. Bush expanded the regulation-expanding, anti-redlining policies established by progressives during Bill Clinton’s presidency.

“Governor Romney’s plan would… roll back regulations on big banks,” Obama says of his Republican challenger Mitt Romney in a 2012 TV ad titled The Choice.”

“But you know what? We tried that top-down approach. It’s what caused the mess in the first place.”<
But then, it's all Bush's fault, isn't it?

No comments: