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the other is how Clinton is to blame for the current failures on wall street.
ACTION ALERT: info from DNC
On or about October 5th, Biden will excuse himself from the ticket, citing health problems, and he will be replaced by Hillary. This is timed to occur after the VP debate on 10/2.
there have been talks all weekend about how to proceed with this info. generally, the feeling is that we should all go ahead and get it out there to as many blog sites and personal email lists as is possible. i have already seen a few short blurbs about this - the "health problem" cited in those articles was aneurysm. probably many of you have heard the same rumblings. however, at this point, with this inside info from the DNC, it looks like this strategy will be a go. therefore, it seems that the best strategy is to get out in front of this maneuver, spell it out in detail, and thereby expose it for the grand manipulation that it is. I have included both versions. Snopes does not yet address it. Now heres what IBD had to say on how its Clintons fault......
Obama in a statement yesterday blamed the shocking new round of subprime-related bankruptcies on the free-market system, and specifically the "trickle-down" economics of the Bush administration, which he tried to gig opponent John McCain for wanting to extend.
But it was the Clinton administration, obsessed with multiculturalism, that dictated where mortgage lenders could lend, and originally helped create the market for the high-risk subprime loans now infecting like a retrovirus the balance sheets of many of Wall Street's most revered institutions.
Tough new regulations forced lenders into high-risk areas where they had no choice but to lower lending standards to make the loans that sound business practices had previously guarded against making. It was either that or face stiff government penalties.
The untold story in this whole national crisis is that President Clinton put on steroids the Community Redevelopment Act, a well-intended Carter-era law designed to encourage minority homeownership. And in so doing, he helped create the market for the risky subprime loans that he and Democrats now decry as not only greedy but "predatory."
Do the thugs ever take responsibility for their actions?
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