The Bailouts For The Rich Are Why America Is So Screwed Right Now

Did they prevent a full-scale collapse? Yes. Was it necessary to do it the way we did? Not at all.

In 1948, the architect of the post-war American suburb, William Levitt, explained the point of the housing finance system. "No man who owns his own house and lot can be a Communist," he said. "He has too much to do."

It’s worth reflecting on this quote on the ten-year anniversary of the financial crisis, because it speaks to how the architects of the bailouts shaped our culture. Tim Geithner, Ben Bernanke, and Hank Paulson, the three key men in charge, basically argue that the bailouts they executed between 2007 and 2009 were unfair, but necessary to preserve stability. It’s time to ask, though: just what stability did they preserve?

These three men paint the financial crisis largely as a technical one. But let’s not get lost in the fancy terms they use, like “normalization of credit flows," in discussing what happened and why. The excessively wonky tone is intentional - it's intended to hide the politics of what happened. So let’s look at what the bailouts actually were, in normal human language.

The official response to the financial crisis ended a 75-year-old American policy of pursuing broad homeownership as a social goal. Since at least Franklin Delano Roosevelt, American leaders had deliberately organized the financial system to put more people in their own homes. In 2011, the Obama administration changed this policy, pushing renting over owning. The CEO of Bank of America, Brian Moynihan, echoed this view shortly thereafter. There are many reasons for the change, and not all of them were bad. But what’s important to understand is that the financial crisis was a full-scale assault on the longstanding social contract linking Americans with the financial system through their house.

The way Geithner orchestrated this was through a two-tiered series of policy choices. During the crisis, everyone needed money from the government, but Geithner offered money to the big guy, and not the little guy.

First, he found mechanisms, all of them very technical—and well-reported in Adam Tooze’s new book Crashed—to throw unlimited amounts of credit at institutions controlled by financial executives in the United States and Europe. (Eric Holder, meanwhile, also de facto granted legal amnesty to executives for possible securities fraud associated with the crisis.)

Second, Geithner chose to deny money and credit to the middle class in the midst of a foreclosure crisis. The Obama administration supported this by neutering laws against illegal foreclosures.

https://www.zerohedge.com/news/2018-09-14/bailouts-rich-are-why-america-so-screwed-right-now

Despicable New Liberal Media Narrative: This Kavanaugh Thing Is Just Like Anita Hill

The liberal media is dishonest and very predictable. Dianne Feinstein floated an anonymous letter, the contents of which she wouldn’t share, but made it clear that it was damning against Judge Kavanaugh.

Now, like clockwork, liberal media outlets are running with an Anita Hill narrative.

Witness the birth of a media cycle.

https://www.thegatewaypundit.com/2018/09/despicable-new-liberal-media-narrative-this-kavanaugh-thing-is-just-like-anita-hill/

How Jared and Ivanka Have Subverted Trump's Border Promises: The Jewish Influence

President Trump ran on strong border security and tough pressures onto Congress to build this fortress among us; one where immigration laws would be strengthened and we would have the historic border wall.

I want my wall. I want the wall. We all want our wall.

President Trump "has made nationalist policy into the policy of the executive branch," says a New York Times Editor, Jonathan Weisman, a prominent Jewish connoisseur of the elite media.

Mainstream media fails to acknowledge despite an endless push for open borders, by the radicals inside the Democratic Party of course; we still have a leader who is unwavering in his assessment of strengthening our borders, as a response.

Currently, in just a month of August, we set an all time record for illegal aliens who crossed into our nation, and were arrested.

That shouldn't surprise anyone, but it's what happens to them after their detainment which is up for debate.

ABC News reported in August of 2016 an interesting fact, which is that former President Barack Obama had deported more Jews than 45th President of the United States of America, Donald Trump; but that's not something we Trump voters were willing to accept at the time.

"On Day One, I am going to begin swiftly removing criminal illegal immigrants from this country,"

Donald Trump said as a candidate in August of 2016, st Iowa Senator Joni Ernst's “Roast and Ride” event on a weekend in Des Moines.

Much more:

http://www.thegoldwater.com/news/37096-How-Jared-and-Ivanka-Have-Subverted-Trump-s-Border-Promises-The-Jewish-Influence

Chelsea Clinton makes a bizarre claim about who is really Christian – and who’s not

Chelsea Clinton angered many when she made a bizarre statement Thursday about who she considers to be acting in a Christian way, and who isn’t.

“As a deeply religious person…”

Clinton was addressing liberal fears that the impending confirmation of Brett Kavanaugh meant that Roe vs. Wade, the landmark abortion decision, could be overturned. She made the comments while appearing on a SiriusXM radio channel.

“When I think about all of the statistics that are painful about what women are confronting today in our country and what even more women confronted pre-Roe and how many women died and how many more women were maimed because of unsafe abortion practices,” Clinton said, “we just can’t go back to that.”

“That’s unconscionable to me,” she continued, “and also, and I’m sure that this will unleash another wave of hate in my direction, but as a deeply religious person, it’s also unchristian to me.”

Clinton continued on to say that the right to abort children was the only way women could participate fully in society.

“I’ve been compared to slaveowners and Nazis in the last couple of months,” she continued. “Because I’ve had the temerity, as the Supreme Court did in 1992 in Planned Parenthood v. Casey, to point out that our ability to participate fully in our society, including economically, hinges on our ability to be able to make choices for our bodies and our families.”

Clinton’s bizarre claim flies in the face of the traditional understanding by most Christians that it is morally wrong to end an unborn child’s life.

The economic argument for abortion?

Clinton also recently made the argument that it is economically beneficial to the U.S. to abort children.

“It is not a disconnected fact,” Clinton said in reference to abortion, “that American women entering the labor force from 1970 to 2009 added three and a half trillion dollars to our economy.”

She later objected to how her comments were framed before reiterating her original point about the economic benefits of aborting children.

https://www.theblaze.com/news/2018/09/14/chelsea-clinton-makes-a-bizarre-claim-about-who-is-really-christian-and-whos-not

PSYCHO

http://autotraffic.fullcontentrss.com/

PANIC

Politicians Warn Spy Chief: There Is A New Threat Called "Deep Fakes"

United States politicians are coming up with some wonderful descriptive terms to help use fear to get more restrictive laws passed. Now lawmakers are warning the spy chief of a real threat called the “deep fakes.”

Thanks to modern technology, the U.S. government ruling class now has another scary fear-mongering problem they are dubbing “deep fakes.”

Technology has reached a point where people can now create near-perfect faked videos of people saying things they never actually said, reported Tech Crunch. “Deep fakes” use existing footage mixed with artificial intelligence and machine learning to be made to look like, or at least come close to, the real thing.

Who else can see the writing on the wall and believes this could be nothing more than a fear mongering attempt to cull free speech even more? Politicians are always looking for reasons to remove rights from others, so it makes sense that they ‘d make a huge deal out of people being able to make realistic videos. The fight to remain relevant as a politician has begun.

US lawmakers are so worried about these faked videos that they now claim they can be “used by the enemy to harm national security.” Yet, unsurprisingly, one of the first uses of deep fake videos was for porn. Creators would make videos by superimposing faces onto the bodies of others. The real issue to the political elites though is scaring the public over “national security.”

Lawmakers think that deep fakes could be used as part of wider disinformation campaigns in an effort to sway elections or spread false news. There it is… the fake news shadow. It isn’t the disinformation they care about, its that people just might be able to figure out for themselves who is oppressing them (hint: it isn’t Russia.)

“Deep fakes could become a potent tool for hostile powers seeking to spread misinformation,” wrote Representative Adam Schiff, the ranking Democrat on the House Intelligence Committee, in a letter to Dan Coats, the director of national intelligence.

“As deep fake technology becomes more advanced and more accessible, it could pose a threat to United States public discourse and national security, with broad and concerning implications for offensive active measures campaigns targeting the United States,” said the letter, co-signed by Representatives Stephanie Murphy (D-FL) and Carlos Curbelo (R-FL).

If you guessed that the government is more likely than not going to use this as an excuse to continue to kill free speech, you’d most likely be correct.

Schiff, Murphy, and Curbelo want the director of national intelligence (who oversees the nation’s intelligence community) to report back on its assessment of how deep fake technology could harm national security interests, reported Tech Crunch. They want to know if there are countermeasures (laws, regulations, and the reduction of freedom) to protect against “foreign influence.” The DNI’s office was asked to report back to Congress by mid-December.

https://www.zerohedge.com/news/2018-09-14/politicians-warn-spy-chief-there-new-threat-called-deep-fakes