Barack Hussein Obama Needs To Admit This Predicament Was Caused By Him & The Democrats!!!

When will Obama stop lying? The liberal socialist Barack Hussein Obama keeps saying President Bush, Senator McCain, and the Republicans are to blame for the current economic quandary. Let’s dissect the web of lies Obama has told.

The roots of this current disaster lie deep, they go all the way back to Jimmy “the peanut farmer” Carter’s Presidency. The peanut farmer was and has been one disaster after another. Jimmy Carter blessed America with the “Community Development Act”. President Bill “I will not lie to you” Clinton, influenced by multiculturalism, encouraged the disaster further by dictating where mortgage lenders could lend. Their intentions were to increase the level of home ownership in lower income and minority groups.

During Clinton’s reign, tough new regulations forced lenders to increase lending in high risk areas in addition to these new regulations the lenders were forced to relax some of their loaning standards in order to make loans. The lenders knew that even though these loans did not meet the exact criteria required to sell the loans they knew as before during the Carter era, Clinton would see that Fannie Mae and Freddie Mac bought the sub prime loans. The bottom line was, the loans failed and we the taxpayers have to foot the bill. Bill Clinton knew this as he was forcing lenders to make these loans. So much for President Bill Clinton’s false booming economy he loves to brag about.

In 2003 President Bush tried to reign in the problem by raising the standards for Fannie Mae and Freddie Mac. However, he was not successful because the democrats blocked this attempt then again; in 2005 Senator John McCain sponsored the”Federal Housing Reform Act”. Senator McCain saw the problem and attempted to fix it. Once again, the liberal socialist Barack Hussein Obama along with the other Democrats blocked the legislation.

Now the liberal socialist Barack Hussein Obama lies to America, he tries to blame Senator McCain and President Bush for the failed policies of the liberal socialist democrats and himself. Has Barack Hussein Obama mentioned that in the past three years he has gotten 600 times more money from Fannie Mae and Freddie Mac than Senator McCain has in 20 years? Barack Hussein Obama has taken $126,000 to Senator McCain’s $20,000.

This week SpeakNowAmerica.org will focus on this dilemma. We will show you again and again the liberal socialist Obama and Democrats culpability. How Obama and the Democrats have made money from this disaster that you are now paying for. Is this really the person you want entrusted to lead our great country?

Speak Now America! we want to hear from you!