Sunday, October 12, 2008

Barney Frank Accompanied by the Congressional Black Caucus Choir

The late Senator Patrick Moynihan said, “Everyone is entitled to their own opinion, but not their own facts.”

Die-hard socialists have their own facts, shaped by their views, not historical events. In a letter to our local paper, a Liberal credited the CIA for toppling the Guatemalan government with a comic-opera 480-soldier “invasion,” then averred that this ignited a 35-year civil war. Since the civil war began after Castro took power and was Cuban communist inspired, I wondered from whence came this “alternative” history?

A little Googling produced the answer. The Liberal’s version of history was displayed “chapter and verse” on socialist websites, none of which noted the civil war followed Cuban communism, and ended with the Soviet Union collapse.

However, the Liberal is not alone in having a personal version of history. Democrats have their own about causes of the financial crisis, blaming Republicans for financial deregulation. Democrats point way back to the Gramm-Leach-Bliley Act of 1999 as the cause of the current crisis, even though it passed the Senate 90-8-1, the House 362-57, and was signed by Bill Clinton. A lot of Democrats voted for it, and it was supported by Bill Clinton.

Democrats continue their meme of blaming Republicans, even though President Bush, John McCain, and 23 other Republican Senators tried to rein in Fannie Mae and Freddie Mac several times from 2002 through 2008. [click here for documented proof]

Ignored by Democrats, and the main stream media, are a score of You Tube videos showing Democrat Barney Frank, backed by the Congressional Black Caucus chorus, singing “Fannie and Freddie are Fine,” and chanting that more regulation was a racist Republican attempt to deny poor people affordable housing. [click here to see this video]

They cranked up their song’s volume after Franklin Delano Raines resigned in disgrace for cooking Fannie Mae’s books in 2004 to give huge bonuses to himself and other former Clinton administration officials. Raines signed a consent decree, Fannie Mae insurance paid his fines, and Raines and friends pocketed millions in ill-gotten gains.

Democrat crime always pays, because the main stream media are their accomplices.

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