Thursday, September 18, 2008
DEMOCRATS NOT TO BLAME? NONSENSE About Nancy Pelosi. She says the Democrats share absolutely none of the blame for the current financial goings-on. She's wrong. In fact, she's lying because she knows here statement to be untrue. I'm going to unload on this when I get back, but here's your primer: 1. Almost all of the financial problems we see today are based on bad mortgage lending. That would be lending money to people to buy homes who didn't qualify for a loan. 2. The Democrats, under Clinton, strengthened a government-created monster called the "Community Reinvestment Act." This law was then used by "activists" and "community organizers" (like Obama?) to coerce lending institutions to make these bad loans ... millions of them. 3. Now we see what happens when political "wisdom" supplants good loan underwriting. When private financial institutions are virtually forced to make loans to people with a bad credit and job history .. this is what you get. Enjoy it.
The Democrats have offered us a candidate who is very anti-private sector. Obama believes that America is great because of government and those who, like him, deride the profit motive. If Americans are stupid enough to believe his socialist drivel and put him in office .. .then we will get just what we so richly deserve. This week is just a preview. MISS THE BOORTZ & HANNITY UNCENSORED EVENT? If you missed the Boortz & Hannity Uncensored event on September 5th, we'll be playing highlights for you in the warm up hour this Thursday & Friday, that's 9-10am ET on the home base News/Talk 750 WSB. Catch the best bits in a nice compact package! Or, if you're a Boortz Blast email newsletter subscriber, you'll get video of the whole thing you can watch at your leisure! Not a Boortz Blast subscriber? Sign up here! BOORTZ POWER LUNCH! Atlanta area folks, tickets are now on sale for the next Boortz Power Lunch September 26th. Get all the info here. These are going to go fast! | 
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