It is my opinion that the current position of the U.S. marketplace is no accident. It rather is a crisis that was created by those who wish to advance the progressive agenda for this country. I come to this conclusion simply due to a gut feeling and the knowledge that those who hope to gain from the crisis are the same ones responsible for it.
Quite simply, our current economic crisis is being used to move this country towards socialism. Democrats, Liberals, Progressives, and those in the main stream media berate anyone who brings this up as though it were crazy. It is however, evident if you look at Rom Emanuel's statement that the liberals cannot waste this crisis, believing that liberals can now move on ideas that they thought previously undoable. We have just Nationalized the mortgage industry and are now moving towards nationalizing the auto industry. We already know that they want to nationalize the healthcare industry. Furthermore they have yet to play the Global Warming card to nationalize the power and transportation industry. What does that leave to private markets. Through card check legislation they will nationalize all labor and through the fairness doctrine they will take control of what free media is left. Under the guise of equal access to education they will nationalize our schools from pre-school through college. There is even talk of the government taking control of private investments and nationalizing retirements. Hmm....I thought we already had that one.
It is easy to see why liberals and progressives would have been looking for a crisis just like this. But how could they have manipulated such a perfect storm. It was really quite simple. They gave a junky (capitalism) the very drug that it never should have had (an endless supply of money). They then offered that same drug to the welfare state under the guise of affordable housing. This caused two problems. First people who had no business getting a home loan bought houses they couldn't afford and those who should've been buying houses payed artificially inflated housing costs due to the influx of money. Secondly was the spike in housing costs itself. Once this train was set in motion all they had to do was make sure that Republicans did not get a chance to derail it. The train wreck that was Fannie Mae and Freddie Mac was barrelling towards a cliff and the likes of Barney Frank and Chris Dodd could block any attempt at oversight. Once this train destroyed the financial market every industry was in jeopardy and the country as a whole would look for anyone to help. By framing the disaster as a failure of capitalist priciples and a lack of oversight Frank, Dodd and Obama were able to paint Government as the rescue. It didn't help that we have a President and in general a Republican Party that has forgotten it's own principles.
And so we are were we are. It is more important than ever to tell people the truth of we got here. Equally as important to teach people the principles of the founders of this great nation.
Good Luck and God Bless