[Vision2020] And now a word from Thomas Soul

[No Weatherman]

Please spare us the hysterics of your righteous indignation. I did it
on purpose because of the race theme and I'd bet Mr. Sowell would get
a kick out of it if he saw it. Only the Jesse Jacksons of the world
would take offense to it but most informed people know he's a minister
who's cloth was cut on the bias.


On 10/6/08, keely emerinemix <kjajmix1 at msn.com> wrote:
>
>  You know damned well that the Black writer, Thomas Sowell, does not spell
> his name "Soul."
>
> Keely
> http://keely-prevailingwinds.blogspot.com/
>
>
> > Date: Mon, 6 Oct 2008 10:50:18 -0230
> > From: no.weatherman at gmail.com
> > To: vision2020 at moscow.com
> > Subject: [Vision2020] And now a word from Thomas Soul
>
> >
> > Do Facts Matter?
> > By Thomas Sowell
> > Abraham Lincoln said, "You can fool all the people some of the time
> > and some of the people all the time, but you can't fool all the people
> > all the time."
> >
> > Unfortunately, the future of this country, as well as the fate of the
> > Western world, depends on how many people can be fooled on election
> > day, just a few weeks from now.
> >
> > Right now, the polls indicate that a whole lot of the people are being
> > fooled a whole lot of the time.
> >
> > The current financial bailout crisis has propelled Barack Obama back
> > into a substantial lead over John McCain — which is astonishing in
> > view of which man and which party has had the most to do with bringing
> > on this crisis.
> >
> > It raises the question: Do facts matter? Or is Obama's rhetoric and
> > the media's spin enough to make facts irrelevant?
> >
> > Fact Number One: It was liberal Democrats, led by Senator Christopher
> > Dodd and Congressman Barney Frank, who for years — including the
> > present year — denied that Fannie Mae and Freddie Mac were taking big
> > risks that could lead to a financial crisis.
> >
> > It was Senator Dodd, Congressman Frank and other liberal Democrats who
> > for years refused requests from the Bush administration to set up an
> > agency to regulate Fannie Mae and Freddie Mac.
> >
> > It was liberal Democrats, again led by Dodd and Frank, who for years
> > pushed for Fannie Mae and Freddie Mac to go even further in promoting
> > subprime mortgage loans, which are at the heart of today's financial
> > crisis.
> >
> > Alan Greenspan warned them four years ago. So did the Chairman of the
> > Council of Economic Advisers to the President. So did Bush's Secretary
> > of the Treasury, five years ago.
> >
> > Yet, today, what are we hearing? That it was the Bush administration
> > "right-wing ideology" of "de-regulation" that set the stage for the
> > financial crisis. Do facts matter?
> >
> > We also hear that it is the free market that is to blame. But the
> > facts show that it was the government that pressured financial
> > institutions in general to lend to subprime borrowers, with such
> > things as the Community Reinvestment Act and, later, threats of legal
> > action by then Attorney General Janet Reno if the feds did not like
> > the statistics on who was getting loans and who wasn't.
> >
> > Is that the free market? Or do facts not matter?
> >
> > Then there is the question of being against the "greed" of CEOs and
> > for "the people." Franklin Raines made $90 million while he was head
> > of Fannie Mae and mismanaging that institution into crisis.
> >
> > Who in Congress defended Franklin Raines? Liberal Democrats, including
> > Maxine Waters and the Congressional Black Caucus, at least one of whom
> > referred to the "lynching" of Raines, as if it was racist to hold him
> > to the same standard as white CEOs.
> >
> > Even after he was deposed as head of Fannie Mae, Franklin Raines was
> > consulted this year by the Obama campaign for his advice on housing!
> >
> > The Washington Post criticized the McCain campaign for calling Raines
> > an adviser to Obama, even though that fact was reported in the
> > Washington Post itself on July 16th. The technicality and the spin
> > here is that Raines is not officially listed as an adviser. But
> > someone who advises is an adviser, whether or not his name appears on
> > a letterhead.
> >
> > The tie between Barack Obama and Franklin Raines is not all one-way.
> > Obama has been the second-largest recipient of Fannie Mae's financial
> > contributions, right after Senator Christopher Dodd.
> >
> > But ties between Obama and Raines? Not if you read the mainstream media.
> >
> > Facts don't matter much politically if they are not reported.
> >
> > The media alone are not alone in keeping the facts from the public.
> > Republicans, for reasons unknown, don't seem to know what it is to
> > counter-attack. They deserve to lose.
> >
> > But the country does not deserve to be put in the hands of a glib and
> > cocky know-it-all, who has accomplished absolutely nothing beyond the
> > advancement of his own career with rhetoric, and who has for years
> > allied himself with a succession of people who have openly expressed
> > their hatred of America.
> >
> http://www.realclearpolitics.com/articles/2008/10/do_facts_matter.html
> >
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> > mailto:Vision2020 at moscow.com
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