A new study by the respected National Bureau of Economic Research found that Progressive policies in general, and Democrats specifically were to blame for the subprime mortgage crisis and subsequent economic collapse.

Investor’s Business Daily reported:

Democrats and the media insist the Community Reinvestment Act, the anti-redlining law beefed up by President Clinton, had nothing to do with the subprime mortgage crisis and recession.

But a new study by the respected National Bureau of Economic Research finds, “Yes, it did. We find that adherence to that act led to riskier lending by banks.”

Added NBER: “There is a clear pattern of increased defaults for loans made by these banks in quarters around the (CRA) exam. Moreover, the effects are larger for loans made within CRA tracts,” or predominantly low-income and minority areas. (more…)

Regarding Fiscal Cliff Negotiations …Mr. Obama repeatedly lost patience with the speaker as negotiations faltered. In an Oval Office meeting last week, he told Mr. Boehner that if the sides didn’t reach agreement, he would use his inaugural address and his State of the Union speech to tell the country the Republicans were at fault.

At one point, according to notes taken by a participant, Mr. Boehner told the president, “I put $800 billion [in tax revenue] on the table. What do I get for that?”

“You get nothing,” the president said. “I get that for free.”  (article)

There is absolutely no doubt a negative opinion toward Israel is an ideological qualification for any Cabinet Level position within the Obama Administration.    Having Zbignew Brzezinski out front is just further affirmation of this.   Brzezinski has been a part of Obama’s ideological life since the early days at Occidental College, through his Columbia University *cough* mystery thesis, and into the administration as a Senior Foreign Policy Advisor.  (In the picture below Zbignew Brzezinski is the guy with the gun, the bearded guy wearing the beret peering over his shoulder is Osama Bin Laden)

(WFB) As questions swirl around the prospective nomination of Chuck Hagel as President Barack Obama’s next defense secretary, the White House has begun mounting an effort to defend the former Nebraska Senator.

As part of that campaign, Zbigniew Brzezinski appeared on MSNBC’s “Morning Joe” early Thursday to push back against charges that Hagel is a poor choice for the job.

Brzezinski told the MSNBC anchor team, which includes his daughter Mika, that Hagel’s “critics, they would like to plunge the U.S. into some new wars, promptly, and not always for U.S. national interest.” (more…)

Across America, radical left-wing pundits are screaming for Obama to go full dictator and take away 2nd Amendment rights.  During Obama’s press conference yesterday he called for outlawing the private sale of used firearms. Obama calls these “loophole” gun sales.

(Reuters) – Unburdened by re-election worries and empowered by law to act without Congress, U.S. President Barack Obama could will take action to “improve” background checks on gun buyers, ban certain gun imports and bolster oversight of dealers.

Prospects for gun control legislation intensified in the wake of the school massacre in Newtown, Connecticut, as more pro-gun rights lawmakers said on Monday they were open to the possibility while Obama and three cabinet members met at the White House to discuss the subject.

Having just won a second four-year term, Obama does not need to fear alienating voters who favor gun rights and he could press ahead without lawmakers on fronts where federal law enables executive action.

Speaking in Newtown, where a gunman on Friday killed 20 children and six adults in an elementary school, Obama vowed late on Sunday to “use whatever power this office holds” to try to prevent such massacres.  “Because what choice do we have? We can’t accept events like this as routine,” Obama said at Newtown High School.

His administration has the power to issue executive orders or new rules, options that Obama is likely to consider in combination with possible new laws. […] (more…)

This is exactly why our founders viewed Democracy as the worst structural form of government – Wal Mart Stores have pulled all Bushmaster .223 rifles from sale.  Dicks Sporting Goods has voluntarily pulled all “modern shooting rifles” from its shelves nationwide,  and all firearms from the State of Connecticut.   In addition Cerebus Capital Management has announced it will sell off the company asset invested in Bushmaster rifle manufacturing.

WASHINGTON DC – The effort will be led by Vice President Biden, according to two people outside the government who have spoken to senior administration officials since Friday, when a gunman killed his mother and rampaged through Sandy Hook Elementary School in Newtown, Conn., killing 20 children, six adults and himself.

Obama, who has appeared shaken by the Sandy Hook shootings, met Monday with Biden, who advocated for stricter gun-control measures during his years in the Senate. The president also spoke Monday with Education Secretary Arne Duncan, Attorney General Eric H. Holder Jr., and Health and Human Services Secretary Kathleen Sebelius “to begin looking at ways the country can respond to the tragedy in Newtown,” according to a White House official who spoke on the condition of anonymity. (more…)

A Paradigm Shift is needed – Urgently.   It cannot be provided to you, you must develop it within your own mind – and you’d better do it quick; or you will lose.

(* Disclaimer – This post is a collaboration of thoughts from both Sharon and Sundance, Sharon has the keen insightful bits, and Sundance reflects the indignation – any curse words are Sundances’ – because Miss Sharon don’t cuss, ever.)

If you are a regular reader of this site you are generally a person who engages in intellectual discussion on daily events and more than likely a root cause thinker.  Meaning you are able to grasp events at their cause and not at their consequence.   But for some reason, even those who understand big picture dynamics are still comfortable sticking their heads in the sand about “motive”.   Most people are still clinging to actually beliefs around a principle of ‘rule of law’ that applies to National Leadership.

You’d better change that thinking quickly – or you’ll be asking ‘what happened’ far too late.

There seems to be a willful blindness on the part of the American people, a chosen refusal to acknowledge the implications of the unAmerican and unConstititional behaviors, actions and outcomes we are being served on a daily basis.

It can no longer be presumed to be a matter of “I can’t see what’s happening” because a whole lot of normal Americans really are clean and articulate.

“I can’t see it” just doesn’t cut it.

Bullshit!  You can see it, you are just choosing to reconcile the irreconcilable because it is more comforting to ignore the truth of it.   You are scared: (more…)

Naive people continue to state that Gun Control legislation will not pass the Senate or House.   These are the same voices who said “Obamacare is effectively dead”…  short-sighted, and insufferably wrong.   They screamed “70% of Americans do not want Obamacare – That WAS correct but they got it anyway.   The Senate, Harry Reid and Nancy Pelosi pushed through the Obamacare bill by ridiculously manipulative rule changes and procedural machinations.   Gun Control legislation will be done the same way.   Guns will be banned. 

It does not matter the size of the opposition, the left operates effectively as a minority influence to change and subvert the will of the majority – they always have.   The question of gun control is not “if”, but “when” and to what extreme.   Personally, I believe that only revolvers will be permitted in the eventual allowances, and single bolt-action rifles also.  Everything else will be outlawed.

WASHINGTON DC – With pressure building from Democrats, Senate Majority Leader Harry Reid opened the door Monday for legislative action on gun control in the wake of the deadly massacre at a Connecticut elementary school last week.

While he said “no one law” or policy can stop a “determined madman,” Reid argued that Washington is “not doing enough” to protect the public from tragic episodes like the one that unfolded in Newtown, Conn. where 20 children and six adults were murdered by an armed assailant. (more…)

Everything, and I do mean e.v.e.r.y.t.h.i.n.g. from this moment forward will be highly scripted, controlled and manipulated toward a very specific agenda.   Take nothing at face value – question everything.   Just like the fake bomb threat at the Newtown Memorial today, so that media could be kept out…. it is all about a specific agenda now….   As President Obama is quoted here by Knoller:

By Any Means Neccessary…..

WASHINGTON DC – A bill to restrict the use and sale of weapons like the high-powered Bushmaster .223 that coroners said had killed many of the children at Sandy Hook, would be introduced in the next session of the US Congress, promised senior Democrat Senator Dianne Feinstein “It will ban the sale, the transfer, the importation and the possession. Not retroactively but prospectively. And it will ban the same for big clips, drums or strips of more than 10 bullets,” she told NBC News, adding that she expected Mr Obama to support the bill.

The move – which would essentially revive the Bill Clinton-era assault weapons that was allowed to lapse in 2004 – is expected to be highly controversial with the powerful gun lobby and politicians whose constituents cling fiercely to their Second Amendment gun rights. (more…)

Rut Roh, I think a nation of gun owners is about to get the George Zimmerman treatment from the Dept of Justice.   Next stop?… break out the label makers…. “all gun owners are racist…. and all rights come from government”.

WASHINGTON DC – Attorney General Eric Holder made remarks a short time ago on the tragic school shootings in Newtown, Connecticut, where a 20-year-old gunman killed 20 children and six adults. Holder appeared to suggest the country’s gun laws may need to be looked at more closely in the wake of the latest mass shooting.

“As a nation I think we have to ask ourselves some hard questions. We gather too often to talk about these kinds of incidents. We need to discuss who we are as a nation, talk about the freedoms that we have, the rights that we have and how those might be used in a responsible way.

But for now I think we should concentrate on dealing with the situation in Connecticut and we are doing, as I said, the best that we can at the Justice Department and throughout federal law enforcement,” Holder said.  (read more)