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09.29.08 By: Webmaster Last week I wrote about how our current financial crisis started. According to Todd Harrison of minyanville.com and Fox Business Network Abu Dhabi and London shorted the stocks of the companies involved. Now we have a failed 700 Billion dollar bailout bill failure, and the stock market as the speaker of the house Nancy Pelosi speaks and passes the buck on the failure on Republicans has dropped 777 points in one day.
It seems like it is business as usual in Washington. It looks like when you have a “crisis” and your only reaction is to play the blame game, that we have not hit rock bottom, nor do we have the right people in office. Not one politician on capital hill has talked about what the root problems are and how to solve them. Root Cause Number 1: Greed: Plain and simple greed. Home owners either bought a house they could not afford of they refinanced using ARMS (Adjustable Rate Mortgage). An adjustable rate mortgage gives you a low rate at first. Some times it is even interest only for 3 to 5 years. When the real rate kicks in it is at the rate that was either agreed upon or at market rates, and the rate goes up and up and up. It never goes down. If you could barely afford the house at the lower rate then you would have to refinance before the rate went up. Well housing values have plummeted and the lender won’t refinance the house. The home owner now has very few choices. Root Cause Number 2: Economic Jihad: As stated earlier in this article this whole debacle started when Abu Dhabi and London shorted the stocks of the companies involved. As they did this they started a domino effect that has resulted in the current crisis. Now we see what is really happening. As these large institutions have started to fail as a result of this economic jihad they are now easy pickings for the Islamists behind this 911 attack. Now Shariah Compliant Citigroup is buying Wachovia banking operations. See how this works? Islamists start the fall of American stocks and now they can come in and buy these companies for pennies on the dollar. Wachovia according to Fox Business Network has lost over 80% of its stock value. Easy pickings… Want to know what is most disturbing? Our government is helping the Islamists do it. That’s right, according to the article above the FDIC brokered the deal for Citigroup to buy Wachovia. Now we in the west need to start waking up to the fact that Mohammad’s Islam is on the rise. Islam seeks to convert or conquer the entire world. These guys are far worst then the Nazi’s ever were. Did we do business with Nazi Germany during WWII? Did we buy products from our enemy while we were fighting a war against them? Of course not. So why are we and the rest of the western world supporting our enemies in the Middle East? I believe it is largely ignorance on behalf of the citizens of the west. Our elected officials know better. But they are bound up with political correctness and multiculturalism and can not seem to figure out or are fearful of being called names or getting a label like Islamophobe more then they care about doing the right thing. The bad news for us in the US and other western countries is that we may not be able to stop the Islamists before some sort of take over. We are too far down the road to Islamic take over for us to not take immediate action. I do believe that especially Americans can turn things around and defeat the Islamists. But it will take us down a road that will not be a fun road to travel. - Vote out City, County, State, and Federal officials that either don’t get it or willingly have surrendered to the Islamists.
- We need to put regular people into office. We need people who are already concerned about the community and our nation to take a stand and run for office.
- Recruit political candidates from service clubs. These are folks that are already concerned with the community. There is a reason why service clubs like Rotary are listed as serious threats in the Hamas charter. Because service clubs care!
- We need to temporarily close our borders, ALL OUR BORDERS. Jihadists come into America through both our northern and southern borders. Send all non-citizens to their home country until we can sort the whole immigration issue out.
- Withdraw from the UN and form a “league of democracies” and not do business with the Middle East, Russia, and China.
Until we get serious about this problem our nation and culture will fall to the Islamists. Do you really want that?
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