Global Economic Meltdown: Busted By Their Own Words

2005-2008 President and CEO of Fannie Mae called the Congressional Black Caucus the “conscience of Fannie Mae…” See more proof straight from the mouths of leading Clinton officials. Watch Bill Clinton’s HUD secretary brag about forcing banks to give out race based loans. Then when asked, he admits that these same race-based loans would be more likely to fail! Watch Barack Obama himself admit his involvement in forcing banks to give reckless race-based loans. (In other words, the so-called "extremists" were right again. –Ed.) Barack Obama called subprime loans “a good idea.” He personally sued Citibank in 1994 to force them to give more loans to unqualified blacks! Citibank is now in shambles and a major recipient of the massive bank bailout. Barack Obama was at the FOREFRONT of forcing banks to give race-based loans for much of the past twenty years! Now Obama wants to give a $275 million bailout to “low income” [ie Black & Hispanic borrowers that received loans they couldn’t afford. Obama was a leading player in forcing these banks to give the borrowers loans they couldn’t afford in the first place. This has come full circle, and Obama’s policies will only wreck the economy even worse. You must watch the videos below. Note the obvious black / racial cohesion.

<div class=”pluginname_2″ style=”font-family: verdana,arial,helvetica,sans-serif; font-weight: bold;”><a href=”http://www.europeanamericansunited.org/index.php?categoryid=16″>Articles</a></div>

<a href=”http://www.europeanamericansunited.org/index.php?categoryid=16" style=”font-weight: bold;”>Our Position on the Economy</a> Our
nation was founded on values twinning personal initiative with mutual
co-operation. From the Plymouth Colony to Andrew Jackson’s Reforms, to
the Homestead Act to the New Deal, Americans have known that we all are
better off when we recognize basic standards of social justice. But
thanks to globalism, dog-eat-dog economics has resulted in offshoring,
outsourcing, the destruction of unions, and the gutting of the US
economy. We advocate economic nationalism, which places the economy at
the service of the nation; we believe that the welfare of our people
should supersede all other things, including the ability of
multinational corporations to exploit or ignore our people for
unbridled profits. <a href=”<object width=” height=”344″></a><param name=”movie” value=”http://www.youtube.com/v/usvG-s_Ssb0&hl=en&fs=1&" /><param name=”allowFullScreen” value=”true” /><param name=”allowscriptaccess” value=”always” /><a href=”<object width=” height=”344″><embed height=”344″ width=”425″ src=”http://www.youtube.com/v/usvG-s_Ssb0&hl=en&fs=1&" type=”application/x-shockwave-flash” allowscriptaccess=”always” allowfullscreen=”true” />">.</a> <a href=”<object width=” height=”344″></a><param name=”movie” value=”http://www.youtube.com/v/ivmL-lXNy64&hl=en&fs=1&" /><param name=”allowFullScreen” value=”true” /><param name=”allowscriptaccess” value=”always” /><a href=”<object width=” height=”344″><embed height=”344″ width=”425″ src=”http://www.youtube.com/v/ivmL-lXNy64&hl=en&fs=1&" type=”application/x-shockwave-flash” allowscriptaccess=”always” allowfullscreen=”true” />"> .</a> <a href=”<object width=” height=”344″></a><param name=”movie” value=”http://www.youtube.com/v/_MGT_cSi7Rs&hl=en&fs=1&" /><param name=”allowFullScreen” value=”true” /><param name=”allowscriptaccess” value=”always” /><a href=”<object width=” height=”344″><embed height=”344″ width=”425″ src=”http://www.youtube.com/v/_MGT_cSi7Rs&hl=en&fs=1&" type=”application/x-shockwave-flash” allowscriptaccess=”always” allowfullscreen=”true” />">.</a> <a href=”http://cofcc.org/?p=4060" style=”font-family: verdana,arial,helvetica,sans-serif;”>Source</a>

2009-06-13