"Every conspiracy needs a duped patsy" : Sir William of Camelot
President Bill Clinton commenting on the housing market collapse: "I think the responsibility that the democrats have may rest more in resisting any efforts by Republicans in the congress, or by me when I was President, to put some standards and tighten up a little on Fannie Mae and Freddie Mac."
Democrats, and liberals in general, continue to absolve their elected leaders of any wrongdoing for creating and enabling the largest economic disaster since 1929. Whereas any reasonable analysis would accept that as fact. The most recent pre-meltdown attempt to regulate Fannie and Freddie occurred in 2004, when Democrats voted in partisan lock step against passage of a tough banking regulation law written by the Senate Banking Committee;
"What happened next was extraordinary. For the first time in history, a serious Fannie and Freddie reform bill was passed by the Senate Banking Committee. The bill gave a regulator power to crack down, and would have required the companies to eliminate their investments in risky assets. Different World.
If that bill had become law, then the world today would be different. In 2005, 2006 and 2007, a blizzard of terrible mortgage paper fluttered out of the Fannie and Freddie clouds, burying many of our oldest and most venerable institutions. Without their checkbooks keeping the market liquid and buying up excess supply, the market would likely have not existed.
But the bill didn't become law, for a simple reason: Democrats opposed it on a party-line vote in the committee, signaling that this would be a partisan issue. Republicans, tied in knots by the tight Democratic opposition, couldn't even get the Senate to vote on the matter.
To enable their conspiracy to destroy U.S. global predominance, democrats averted attention away from a looming economic meltdown towards hyped opposition against the Iraq war, a war they themselves voted for. Duping their electorate into believing the Iraq war was a greater threat than the looming meltdown of the U.S. economy. And the liberal media swallowed it hook line and sinker.
The underlying question is did democrats intend to wreak grave harm against the United States by dissolving it's economy? A legitimate point, as there is enough circumstantial evidence to suggests the collapse was planned based on motive.
MOTIVE: Republicans have long stood in the way of democratic socialist reforms. Efforts such as universal health care and expanded government welfare under the Clinton administration were soundly defeated by a republican majority. These socialist ideas, amongst others, were basically shelved during the Bush years. During this period, democrats realized the only way they could advance a socialist agenda would be to act as enablers over the collapse of the U.S. economy. Such collapse would create panic and anger among citizens eager for change, who would vote for a democratic majority. But democrats needed a patsy for a candidate. Someone who represented dramatic changes needed in order to advance global socialism. They found that in Barack Obama, a political newcomer hand picked to further the radical agenda.
But could democratic leaders have been duped by a shadow government? That is plausible along the realm of George Soros' agenda, and meetings he held with Obama during his candidacy.
THE GOAL: Every motive has a goal. In particular, this goal advances a one world government in which one power controls all resources, and manipulates population bases to bring products to market. It has long been a dream of world leaders to control global conditions. The collapse of the U.S. economy only advances that effort. G-20 member nations realize the U.S. wields too much power, and that no single economy should possess sole power to wreak havoc on all economies, further leading some G-20 member nations to seek a new global currency.
In order for the conspiracy to succeed, the standard of living in rich countries must be reduced in size. A reduction in size permits for equitable splitting of scarce resources, meaning the U.S. can no longer consume 25% of the worlds energy and vast resources, that our standard of living must be reduced to just above third world nation status. Under this plan, social programs like universal health care become critical for a new sub-class of citizens called the "permanently unemployed". With U.S. job losses mounting well above 600,000 a month, and with no employment base coming in behind those losses to rehire unemployed workers, masses of people fall victim to government social programs. The more people under government care, the easier it is for socialist reforms to occur. Once the reforms become law, government will begin to rehire unemployed workers into globalized industries that will benefit a one world government, to include food production, green energy, and globalized welfare programs.
Conspiracies that work become new realities. And our current decline, while masked by temporary upward trends, will continue to spiral downward unabated, incapable of recovery due to the people, liberals in particular, whose vote has shut their eyes, ears and mouths to the new realities unfolding all around them. Democratic leaders have successfully duped the liberal electorate, and in return the duped have absolved "them" of any wrongdoing. Patsy's in a hugely successful conspiracy to abdicate U.S. power and advance a global socialist cause. "Hear no ill of Obama, See no ill of Obama, Speak no ill of Obama" is driving the engine that has already sealed our fate.
And this is how successful conspiracies work; you never see them coming.
"Fortuna Favet Fortibus"