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BurningDownTheHouse

YouTube Video Causes Stir By Showing How Democrats Caused Crisis


Drudge Report links to video and over 350,000 watch it in hours

In another example of the power of the Internet to move public perception, a video that shows how the Democrats caused the current financial crises has over 270,000 views just hours after being linked to by The Drudge Report.

Update: Now 357,000 views.

The YouTube video titled, "Burning Down The House: What Caused Our Economic Crisis?" is not so much a political piece as it is a timeline of what actually happened to cause the banking and credit crises.

 It really comes down to a push by Democrats including Obama to force lenders to give creative (sub-prime, zero interest,  balloon payment) loans  to people who otherwise would not have qualified because of low income and bad credit. This caused a huge demand for homes pushing the prices to historic highs.

Unfortunately, as Republicans predicted including John McCain, so many of these loans failed to be paid back and with hundred's of thousands of foreclosures all at once the housing bubble burst. This caused a spiraling effect because these bad mortgages were sold as part of a financial product called mortgage backed securities.

I could go on but the end result is that the house of cards that the Democrats built collapsed and because the media is in their corner only videos like this on YouTube that are linked to by a maverick like Matt Drudge brink the truth to light.

This of course is just my opinion, please feel free to disagree by commenting below.

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RON PAUL was OUR ONLY chance, period.

Everything else is just bull$hit.


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I'm lifelong Republican, my home was stolen by Ameriquest the owner Roland Arnall went on to illegally finance George Bushes election campaign in 2004 with 12 million in politically laundered donations far above campaign limits using money acquired from unlawful transactions so George Bush used criminal funding and connections to place himself in the White house. What did this massive amount of stolen money buy Roland Anrall?

Well in exchange, after the Roland Arnall stole from so many U.S citizens and illegal immigrants that 49 State A.G.'s found his company which he is the sole owner of Bush had Senator Lugar and Republicans on the foreign relations committee except Chuck Hagel rig the election process to make him ambassador of the Netherlands by having the votes against Roland Arnall thrown out. So in exchange for the largest sub-prime lender unlawfully buying President bush the Presidency the President overtly went above the law to get Roland Arnall out of the country to shield him from investigation, civil and criminal liability, and seizure of his assets by allowing him to appear to transfer control of his company to his wife. It's illegal to transfer assets to avoid paying restitution and transfer liability to avoid investigation. How do I know this information because I worked with Senator Obama to keep Roland Arnall in the country so he could be investigated. I filled a RICO action in Federal court against Roland Arnall and Ameriquest and informed President Bush but that I would prosecute him to the fullest extent of the law if he proceeded to aid abet and give immunity to Roland Arnall.
I also appeared on the Dutch news to protest the Presidents appointment of Roland Arnall as ambassador of the Netherlands.
Where was John McCain then?

I fully agree the money trail of these money laundering criminals goes primarily to the Democrats and they more than the Republicans set up these system of making both high risk loans and the system where mortgages could be converted into securities creating a leveraged house of cards economy largely based on making loans designed to fail and laundering the assets off the books. Nancy peoplousie took impeachment of the table when she knew George Bush was not only unlawfully rigged the election process in his favor using money from the largest sub-prime lender but gave safe harbor and diplomatic immunity to the largest of the home stealing criminals in the worlds. In fact Roland Arnall under Ameriquest set up the German bank Deutschebank in the United states to provide a money laundering mechanism, hired telemarketers Nationwide and set up boiler rooms to mass produce bad loans, set up sophisticated analytics programs, and spent hundreds of millions in political donations to crooked politicians to grease the wheels of his massive home stealing criminal enterprise. Were the majority of the donations to Democrats and the DNC of course because they set up the legislative frame work for both high risk and subsidized housing but also the frame work for the Wall Street, banking, and insurance company money laundering of unlawful foreclosures and loans designed to fail.

As far as placing John McCain in the category of Republicans trying to prevent the speculative and criminal looting of our country that's just completely off the wall absurd.

Here's and excerpt from Wiki.

McCain and Keating had become personal friends following their initial contacts in 1981,[11] and McCain was the closest socially to Keating of the five senators.[27] Like DeConcini, McCain considered Keating a constituent as he lived in Arizona.[25] Between 1982 and 1987, McCain had received $112,000 in political contributions from Keating and his associates.[28] In addition, McCain's wife Cindy McCain and her father Jim Hensley had invested $359,100 in a Keating shopping center in April 1986, a year before McCain met with the regulators. McCain, his family, and their baby-sitter had made nine trips at Keating's expense, sometimes aboard Keating's jet. Three of the trips were made during vacations to Keating's opulent Bahamas retreat at Cat Cay. McCain did not pay Keating (in the amount of $13,433) for some of the trips until years after they were taken, when he learned that Keating was in trouble over Lincoln.[7][29]

Riegle had received some $76,000 from Keating and his associates for his 1988 Senate re-election campaign.[4] Riegle later announced in April 1988 he was returning the money.[6] Riegle's constituency connection to Keating was that Keating's Hotel Pontchartrain was located in Michigan.[25]


John McCain's top adviser's are or recently were Phill Gram who set up the Gramm Leach Bliley act to specifically to repeal legislation designed specifically to stop another lending fueled depression from occurring, and Ameriquest lobbyists. Jon McCain's

Now John McCain has pulled the theatrical scam or threatening to postpone the Presidential debate and suspending his campaign to sponsor literally creating a dictatorship over the U.S. assets to cover up the looting of our country, hard to imagine anything being more dangerous or treasonous than actually transferring the power to a White house known to be corrupt and actually rendering the Congress, courts, and enforcement agencies void and Unconstitutionally transfer power directly back the the lenders and the corrupt executive branch. In L.A. Ron Paul won the delegate count for nomination of Republican Presidential candidate just like Bush setting up an illegal election process and depriving U.S. citizens from making an informed choice of the next President. McCain not only take money from foreclosure mill lawyers who knowing foreclose on manufactured defaults (stolen homes) one of his offices leased from the same foreclosure mill lawyer.

The headquarters of the John McCain-Sarah Palin ticket in Michigan, located at 31330 Northwestern Highway in Farmington Hills in suburban Detroit, is owned by a law firm called Trott & Trott which specializes in housing foreclosures.

The founder, David Trott and his wife Katherine , are large McCain contributors, giving over $65,000 to McCain and  the RNC in the last 18 months. Lets not forget John McCain's solution to our jobs and companies getting transferred overseas is to support Nafta and Cafta and expand unemployment benefits. Our assets getting looted out of the country are transferred though the NAFTA and CAFTA agreements to Mexico, lets not forget his position on illegal immigration whom a many of the bad loans and subsidies are directed to spend a trillion dollars to attract even more and pass an ex-post facto law to legalize their crimes, which is illegal as well on many counts and even treasonous on some.

  Trott & Trott Represent such illustrious institutions as Countrywide... Freddie Mac lobbyists and high level corporate members also funneled huge campaign donations to John McCain in their personal names so they would not appear to have come from the GSE's themselves. John McCain went on the accuse Obama of taking donations from Freddie Mac when in fact he took substantially more stealthily to avoid public scrutiny.



So the Democrats took the lions share of money from lobbyists, lenders, Wall street, Insurance and foreclosure mill lawyers and set up the legislative environment
largely under the guise of helping the under privileged gain housing. President Bush was not only elected due to unlawful donation from the largest and most politically connected of the sub-prime lenders he sheltered him from prosecution, investigation, and paying restitution to the victims by going about the law and rigging the election process to protect Roland Arnall who rigged the election process in the first place to put Bush in the White house. So we have President put in power by the mortgages Mafia sponsoring an act to literally transfer assets and power back to the same criminals who intentionally looted our country. The Republicans have taken a strong stand against the socialist/Fascist takeover of our assets.

The Democrats support Bushes proposal  to socialize or economy and banking system and Nancy Peolousie took impeachment off the table of a dictator put in power by the same financial criminals looting our country and attempting to install a corporate dictatorship or government sponsored corporate control of our country.

So we are dealing with subjective opinions and definitions here but if you define a Democrat and the left as government supporting peoples needs though taxes and central government and a Republican and the right that believes in a limited government and ensuring the citizens get to keep the fruits of their labor, it's extraordinarily difficult to imagine how either Bush or McCain could be considered Republicans despite their official title and few few token concessions to flavor of the moment conservative ideology.

Bush has pushed our country further to statism and big spending monolithic central government than any President in history and McCain.

Ron Paul is the only Constitutionalist who would restore a true limited government and a checkbook dictatorship of the citizens over the corporate monopolists.

We can go round and round passing the buck and putting a spin on the money trail and legislation who is more responsible the Democrats for setting up the framework to support the corporate criminals, Phil Gram (McCain adviser) or the President or John McCain or Nancy Pelousie for not impeaching a President actually put in power by the money laundering criminals and aiding and abetting, Certainly the Clinton's are giants of the money laundering empire both in personal gain and sponsoring the legislation permitting actions leading to the economic meltdown.

It's all a bunch of political and financial toxic waste compared to Ron Paul and his plan to save the country from debt slavery and John McCain is involved in stealing Ron Paul's chance to be heard. John McCain can't run for President due to his unlawful sponsoring of illegal immigration and now because of his involvement in rigging to election process against Ron Paul and for himself. We don't need another rigged election and self appointed dictator.

The Republicans need to run a qualified candidate or just withdraw McCain's nomination and sit this Presidential election cycle out. I applaud them for opposing the implementation of dictatorship (AKA bailout plan) and hope they will raise a viable and lawful candidate with he credentials, ability, courage and moral standing to save our country from financial meltdown at the least and nothing short of a corporate owned dictatorship at the worst. John McCain has unclean hands with respect to the financial crises.

Bear in mind Ron Paul can't raise a magic wand and restore us to prosperity over night but he certainly has viable plan to restore a sound, stable and lawful economy

Thomas Jefferson and Andrew Jackson fought the imperialist banksters attempting to prevent the U.S. from escaping debt slavery and indentured servitude mostly over paying off war debts Thomas Jefferson got rid of taxes and cut the national debt in half at the same time. Andrew Jackson threw out the money changers and Nicholas Biddle fought hard to throw the country into depression to get the citizens to come running back to the banksters Andrew Jackson persevered and almost single-handedly took on the entire world power structure to grant the citizens freedom.

At the end of the day the U.S. citizens are guilty of implied acceptance of a corrupt government that took payoffs to look the other way and actually facilitate the looting of our country by both Democrats and Republicans. A true leader would flat out tell the truth say look we are all at fault and do what needs to be done to resolve the issue no matter what the cost and use the Constitution as a framework and guide, not give up on due process and the rule of law due to emergency or tough circumstances. A true leader would also admit we are broke  are in a race against time to maintain our freedom and regain prosperity even if it was unpopular and people hated to hear it. I was in Ontario California at the Republican assembly when Ron Paul addressed issues of military bases and occupation that almost got him beat up by angry Iraq war supporters he didn't back down or even flinch he also didn't back down hesitate stumble, back track, or mix words about shutting down the FED/IRS feeding the corporate dictatorship with taxpayer dollars, long before the current crises and before the S+L crises. All other politicians suggest band aid and quick fix solutions that will get us into a bigger mess than we are already in.

Ron Paul is the only man with those kind of credentials, experience, wisdom and clean hands.





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PB
This video was taken off by YouTube claiming Warner music claimed a copyright infringment. Why not just change the music and repost it?

PB
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AJ
Come on-- You all know that the scammers will give money to whomever they believe will win. Both sides if necessary. They want to make sure they have the seat at the big table.

Greed has no sides. Dems can be greedy- & it's been proven that the repubs ARE greedy.

Trying to erase discrimination against redlined areas is now being called "fault"-  You all seem to place it on the dems. But remember that Baby Bush promoted giving loans to lower income people in his state of the union address. How much bigger can that be? He wanted more homeownership. He spent quite a bit of time on this- instead of addressing his illegal occupation of Iraq & removal of YOUR constitutional rights......

I would like to see the actual breakdown of how our scammers voted. Anybody want to take bets they voted repub? You betcha. The party that will protect the rich & screw the middle class.



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FollowTheDots
Dawn Arnall relationship map - Muckety.com

check out this map.
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tired and tattered

The whole thing is that these loans were written to fail. How many homeowners would not be losing their homes if they had been given a fair lending term to begin with. While neither side did enough to regulate these loans, everyone from the brokers on up committed fraud. Many of the people losing their homes now would have been able to pay their mortgages had the fraud not been in these mortgage documents to begin with. The rest of us were thrown in with those not being able to pay. They destroyed our credit and placed us in the same pile with those truely not paying their mortgage. It was all a set up from the very beginning.

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