Sunday, October 12, 2008
Weekend 69.2
This Op-Ed by Thomas Sowell reminds me of this equally complementary quote by Abraham Lincoln:
Either way, Sowell provides a strong and factual indictment of the high-ranking Democrats (including Obama) involved in the housing crisis as well as the complicity of the media to investigate.
"If destruction be our lot, we must ourselves be its author and finisher. As a nation of freemen, we must live through all time, or die by suicide."Sowell's Op-Ed received a title change in the Connecticut Post from, "Do Facts Matter" to "Don't believe everyone else; this is all the fault of liberals".
Either way, Sowell provides a strong and factual indictment of the high-ranking Democrats (including Obama) involved in the housing crisis as well as the complicity of the media to investigate.
Fact Number One: It was liberal Democrats, led by Senator Christopher Dodd and Congressman Barney Frank, who for years— including the present year— denied that Fannie Mae and Freddie Mac were taking big risks that could lead to a financial crisis.The root causes of this crisis are being ignored by the media and obscured a cult of personality (Seattle hosts an Obama Youth Parade). Obama and his slippery cohorts have been the beneficiaries. As Sowell writes
It was Senator Dodd, Congressman Frank and other liberal Democrats who for years refused requests from the Bush administration to set up an agency to regulate Fannie Mae and Freddie Mac.
It was liberal Democrats, again led by Dodd and Frank, who for years pushed for Fannie Mae and Freddie Mac to go even further in promoting subprime mortgage loans, which are at the heart of today's financial crisis.
Alan Greenspan warned them four years ago. So did the Chairman of the Council of Economic Advisers to the President. So did Bush's Secretary of the Treasury, five years ago.
The current financial bailout crisis has propelled Barack Obama back into a substantial lead over John McCain— which is astonishing in view of which man and which party has had the most to do with bringing on this crisis.
It raises the question: Do facts matter? Or is Obama's rhetoric and the media's spin enough to make facts irrelevant?
But the country does not deserve to be put in the hands of a glib and cocky know-it-all, who has accomplished absolutely nothing beyond the advancement of his own career with rhetoric, and who has for years allied himself with a succession of people who have openly expressed their hatred of America.
Labels: end times, left-wing media, liberals, obama, weekend
















