With a name like GOPhypocrites, it’s gotta be good.

I presume you’ve seen this bit on SadlyNo!, wherein it is demonstrated that Michelle Malkin is just another Koch sucker:

http://www.sadlyno.com/archives/18151.html

Bush – “Calling a home the “foundation for families and a source of stability for communities,” President Bush proposed three new initiatives designed to enhance existing federal home buyer assistance programs by helping African- and Hispanic-Americans buy homes. According to the White House, fewer than half of all African and Hispanic Americans currently own their homes, compared to nearly three-fourths of white Americans. “We must begin to close this homeownership gap by dismantling the barriers that prevent minorities from owning a piece of the American dream,” said the President in a nationwide radio address. To close the homeownership gap, President Bush proposed legislation funding the following new initiatives:

American Dream Down Payment Fund
This program would provide money to qualified low-income families to assist in making the down payment on a home. “The single greatest hurdle to first time homeownership is a high down payment requirement that can put a home out of reach,” said President Bush. White House analysts estimate that the American Dream Fund will assist some 40,000 low-income families annually in making down payments on homes.

Tax Credits to Create Affordable Housing
This proposed initiative would provide home-builders and developers with nearly $2.4 billion in tax credits for building affordable single-family housing in distressed areas. The tax credits would help make 200,000 new affordable homes available to low-income buyers over the next five years.

Home Buyer Education
To assist home buyers deal with the complexity and difficulty of the purchasing process, this program would provide funds to agencies working to better educated first-time home buyers. Consumers would be advised of their rights and responsibilities as home buyers, and trained to recognize and avoid abusive and unscrupulous lending practices. “Financial education and housing counseling can help protect home buyers against abuses, greatly improve the loan terms they are offered, and help families get through tough times with their homes intact,” said President Bush “Owning a home lies at the heart of the American dream,” Bush said. “My approach to broadening home ownership focuses on empowering people to help themselves and to help one another.” Source: Dateline: 06/18/02

http://usgovinfo.about.com/library/weekly/aa061902a.htm

And because there were no Regulations to protect said homebuyers who had a balloon interest at the end, well we see what has happened, and they still want to blame the homebuyers instead of the scam perpetrated by lenders who first lowered interest rates to put people into homes then raised their interest rates so they could no longer afford their homes. Someone should go to jail for this!

In other words, no one saw this coming, and even if some people saw it coming, it doesn’t matter what caused the whole thing in the first place. Let’s not investigate anything but let’s all move forward instead.

For example, you can go after o’reilly and foxnews for saying twice on Oct 10, 2008 that no one saw this crisis coming: http://www.youtube.com/watch?v=iIUKxEjKV3E

This is just foxnews and others covering up their tracks for not provided adaquate information services.

See someone telling foxnews and others that this crisis was coming back in 2006: http://www.youtube.com/watch?v=2I0QN-FYkpw

Ben Stein even apologized in Dec 2007 for being so wrong about the economy: http://www.nytimes.com/2007/12/09/business/09every.html?_r=1&r=1&ref=business&oref=slogin

So how come Ben Stein apolozied for being wrong in Dec 2007, while just 10 months later on foxnews, he said, along with bill o’reilly, that, “you cannot know” when there’s danger in the stock market?

CATO is full of it too. See their anti-middleclass page at: http://www.cato.org/special/stimulus09/
Whey didn’t they do something like this while Bush and congress were pushing the first bailout? Here is the pdf document that has signatures from economists who disagree with the democrats policy of interventionsism in the economy: http://www.cato.org/special/stimulus09/cato_stimulus.pdf

There are various lies that need to be exposed here. The MSM failed us miserably. Why do people pay so much for cable t.v. “information services” when these “services” are used to tell us all lies? What a ripoff.

When it comes to economics, these guys (CATO, etc) are all for interventionism when it benefits them. They are only libertarians when it comes to offshoring jobs and bankrupting our people. This libertarian hustle must be stopped. Go get ‘em TeamExiled!