Investor’s Business Daily ‘Discovers’ Government Policies Tied to Housing Crisis

Yup, this is what happens when the government forces banks to make bad investments and loans in the name of “social justice.”

Of course, we’ve known about it for quite some time here on Doctor Bulldog & Ronin. Glad to see that IBD has decided to dig into it.  Of course, IBD could have saved themselves a few years if they had just watched “Burning Down the House” on YouTube:

Smoking-Gun Document Ties Policy To Housing Crisis
By PAUL SPERRY, FOR INVESTOR’S BUSINESS DAILY

President Obama says the Occupy Wall Street protests show a “broad-based frustration” among Americans with the financial sector, which continues to kick against regulatory reforms three years after the financial crisis.

“You’re seeing some of the same folks who acted irresponsibly trying to fight efforts to crack down on the abusive practices that got us into this in the first place,” he complained earlier this month.

But what if government encouraged, even invented, those “abusive practices”?

Rewind to 1994. That year, the federal government declared war on an enemy — the racist lender — who officials claimed was to blame for differences in homeownership rate, and launched what would prove the costliest social crusade in U.S. history.

At President Clinton’s direction, no fewer than 10 federal agencies issued a chilling ultimatum to banks and mortgage lenders to ease credit for lower-income minorities or face investigations for lending discrimination and suffer the related adverse publicity. They also were threatened with denial of access to the all-important secondary mortgage market and stiff fines, along with other penalties.

Bubble? Regulators Blew It

The threat was codified in a 20-page “Policy Statement on Discrimination in Lending” and entered into the Federal Register on April 15, 1994, by the Interagency Task Force on Fair Lending. Clinton set up the little-known body to coordinate an unprecedented crackdown on alleged bank redlining.

The edict — completely overlooked by the Financial Crisis Inquiry Commission and the mainstream media — was signed by then-HUD Secretary Henry Cisneros, Attorney General Janet Reno, Comptroller of the Currency Eugene Ludwig and Federal Reserve Chairman Alan Greenspan, along with the heads of six other financial regulatory agencies.

“The agencies will not tolerate lending discrimination in any form,” the document warned financial institutions.

Human trafficking: A parent’s nightmare

This is one side of the immigration debate that does not get enough attention. Illegal’s are little more than targets to criminal organizations. Often the guilty are members of their own community. Gangs of human traffickers are organized and in business every single day.

This issue needs to be mentioned every time the call for open borders and blanket amnesty raises its head. Support illegal’s and you are directly supporting the networks that prey on them.

The article does a very good job of describing the issue, what is not clear is if the child mentioned has fallen victim to traffickers, it appears that she has. I sincerely hope that she has not. For those of you that believe, say a prayer for this child and the 20 million others like her thought to exist in this world.

You can help save a child by highlighting why we need to target criminal hiding inside the illegal communities. You can also expose all the so called feminists, social activists, community organizers and civil rights activists that turn a blind eye to this problem. By doing so they passively support it and passive support is still support.

By Diane Turbyfill, 10 April, 2011, Gaston Gazette
Karla Lopez never required her teenage daughter to work. She only wanted her to be a good student and focus on her future.

Now Lopez fears her 16 year old might be working to stay alive, a victim of human trafficking.

Lopez’s daughter, Stephany Pineda, dashed out the door Dec. 14, late for school. She made it to the bus stop but never arrived at Lincolnton High School. A family friend called Lopez and told her Pineda was spotted riding off in a car with two men.

That was nearly four months ago.

Since her daughter’s disappearance, Lopez has learned a lot about human trafficking. She’s afraid Stephany might be a victim of the crime and that she may never see her again.

A community targeted

The number of Latino victims of human trafficking continues to climb, according to Nancy Newman, director of AVID (Assault & Victimization Intervention & Deterrence).

Predators working in the human trafficking trade often prey on the immigrant community because they see them as easy targets.

Language barriers, cultural differences and fear often keep people in the Hispanic community from reporting incidents to police, or at least delay the process, said Newman.

AVID works with interpreters and local police to make victims feel more at ease with the process, she said.

“Our local police have really worked hard to bridge the gap for them,” she said.
But for people used to a different type of police presence, trust doesn’t come easy.

Many of these girls and women are snatched right off the street, as Lopez suspects her daughter was. Others enter the U.S. looking for a better life, often thinking they’re going through the proper channels, only to end up enslaved.
-The reality is without insiders supporting this madness; the enslavement of children would be impossible. For each child taken, there are a host of people that play a role, even more ignore it. Someone knows where each of them are.

The Slaves of America

Although this article is about modern slavery/the sex trade, this is another reality of illegal immigration. Ask yourself who and why people provide fake passports and transportation. Here is a hint, it is not so they can take jobs Americans do not want or to work at McDonalds. Then ask yourself who funds all the pro immigration rallies. It would save them a lot of money if the border just went away.

By Nicholas Kristof, 5 December, 2010, the New York Times
Americans tend to associate “modern slavery” with illiterate girls in India or Cambodia. Yet there I was the other day, interviewing a college graduate who says she spent three years terrorized by pimps in a brothel in Midtown Manhattan.

Those who think that commercial sex in this country is invariably voluntary — and especially men who pay for sex — should listen to her story. The men buying her services all mistakenly assumed that she was working of her own volition, she says.

Yumi Li (a nickname) grew up in a Korean area of northeastern China. After university, she became an accountant, but, restless and ambitious, she yearned to go abroad.

So she accepted an offer from a female jobs agent to be smuggled to New York and take up a job using her accounting skills and paying $5,000 a month. Yumi’s relatives had to sign documents pledging their homes as collateral if she did not pay back the $50,000 smugglers’ fee from her earnings.

Yumi set off for America with a fake South Korean passport. On arrival in New York, however, Yumi was ordered to work in a brothel.
-Yet another reason to not buy chinese made products, they are into international crime almost as deeply as the arabs.

“Those Whom Your Right Hand Possesses”

No surprise here for those of us who know of Muhammad’s dark side:

Shocking photos of Indonesian maid after Saudi employer hacked off her lips

By Daily Mail Reporter
23rd November 2010

* ‘High-spirited’ 23-year-old scarred for life
* Employer used scissors and scalding iron
* She was beaten so badly she can barely walk

A young woman lies in a Saudi hospital with her head bandaged, her lips cut off, burns all over body and broken bones.

The shocking photos of her injuries have caused an uproar in her home country of Indonesia but many fear Sumiati is not alone in her suffering.

She arrived in Saudi Arabia in July a high-spirited 23-year-old, eager to start work as a maid to help support her family back home.

Four months later, she is Indonesia’s poster child for migrant abuse, alone and staring vacantly from a hospital bed, her face sliced and battered.

But while public anger has forced President Susilo Bambang Yudhoyono’s government to acknowledge the problem for the first time, few expect any firm action to be taken.

Gruesome images of Sumiati, now recovering in the Saudi city of Medina, have been splashed on the front pages of local newspapers in Indonesia and led TV news for more than a week.

Her employer – who has been taken in for questioning by police – is accused of cutting off part of her lips with scissors, scalding her back with an iron, fracturing her middle finger, and beating her legs until she could hardly walk.

She was admitted to the hospital three weeks ago unconscious, with signs of malnutrition and blood loss, and could barely speak, in addition to the horrifying visible injuries.

She claims the mother and daughter both beat her regularly.

‘It’s hardly the first such case,’ said Wahyu Susilo of the Indonesian advocacy group, Migrant Care.

‘Again and again we hear about slavery-like conditions, torture, sexual abuse and even death, but our government has chosen to ignore it. Why? Because migrant workers generate $7.5billion of dollars (£4.7billion) in foreign exchange every year.’

Workers from Asian countries dominate service industries in the Middle East and there have been many reports of abuse – including recent allegations that an employer in Kuwait hammered 14 metal pins into the body of a Sri Lankan maid.

‘The wanton brutality alleged in these cases is shocking,’ said Nisha Varia, senior women’s rights researcher at the New York-based Human Rights Watch. It has called on authorities to investigate claims promptly and bring those responsible to justice.

She and others called cases like that of Sumiati the ‘tip of the iceberg’.

Okay, prepare yourself for some heavy-duty insane Lefturd BS:

But countries that export labour have a responsibility as well, Nisha said.

Though Indonesia sends more than 6.5million workers abroad every year, it has drawn much criticism for failing – despite repeated promises – to ratify a 1990 UN convention on the protection of migrant workers.

It also has not signed a bilateral agreement with Saudi Arabia that would give workers a legal basis to challenge employers.

Yup, typical Lefturd insanity; blame the victim and Indonesia for not bowing down to the U.N.!

Hey, guess what else?  The U.S.A., Canada, Great Britain, France, and just about every other Western nation has NOT signed this piece of U.N. “One World Order” commie-crap!  Obviously, there is a good reason NOT to sign it!  Want to learn more?  CLICK HERE

But Oon Kurniaputra, an adviser to Indonesia’s Minister of Manpower and Transmigration, argued Tuesday that the problem is not the fault of governments.

It is with profit-hungry recruitment agencies that lure young men and women overseas without ensuring their safety when they get there, he said.

Women’s Liberation Meets Islam

I have said for years that if islam is to change the women will change it. Muslim men have all the rights and zero incentive to change. Almost every muslim woman that stops by here pretends that women under islam are respected and have more rights than western women. Maybe a few of them will read the truth from their sisters overseas.

3 Oct, 10, (AFP) RIYADH – Women in Saudi Arabia are fighting back against tribal traditions that make them hostage to the whims of their fathers and male guardians who alone can decide who their future husbands will be.
-The women have to pretend the issue is tribal and not islamic or they are doomed to fail. Their real problem was mohammed’s abuses towards women. His actions have been used to justify a system wide abuse for generations. I do not think that these women have a snowballs chance in hell of changing things but I have to admire them for trying.

Faced with a lifetime of being forced to remain single, an increasing number of Saudi women, many of them university graduates with good jobs, are going to court to dispute their fathers’ refusal to sign off on their marriages.

In July, a Medina court rejected a 42-year-old doctor’s petition to override her father and brothers’ refusal to allow her marriage to a surgeon she works with, because he did not belong to their tribe.

The court ruled that the father was justified, and that she was not being obedient by trying to marry someone outside the clan.

“Unfortunately we have a strange paradox in society, where young girls only 10 years old can be married, but an adult woman can be prevented from marrying for illogical reasons,” Suhaila Zainal Abidin of the National Society for Human Rights told AFP. University professor Amal Saleh agreed.
-Catch that? They have zero problem with the forced marriages of children (really rape) but want absolute control over older women. At least a few are starting to demand change.

The abused women of islam; a shocking story heard every day

Except for the lie about the pedophile mohammed respecting women; this article does a fair job of explaining the plight of Afghan women. This is also not just an “afghan problem” islam is abuse.

21 August 2010, the National
Manizha Naderi, as told to Hamida Ghafour
Ten months ago I received a phone call from an Afghan-American translator working with the provincial reconstruction team in Uruzgan province, saying that the American soldiers there had a young girl on their base who needed help.

He would not tell me what her story was.

After I accepted her to our shelter, I was told her husband had cut her ears and nose off.

A few days later I went to Kabul airport to pick Bibi Aisha up. I don’t know how to describe it. It was too much. The first thing I saw was a hole in the middle of her face.

She was very quiet and trying to cover her face. It was sort of an instinct where if anyone sat in front of her she covered her nose.

When she came to the shelter she told us her story. She was given away in a “baad” transaction at the age of 12. This is a tribal tradition. If a family commits a crime, they give a girl to the victim’s family so the dispute is settled.
-A lie; this “tribal tradition” is found in many islamic countries, even ones that do not have “tribes”.

Muslim landowner offers to remove chains from 11-year-old Christian slave if he converts to Islam

The next time someone in your church speaks about religious tolerance show them this article. Also remind them that all sharia states allow slavery, not legally protected slavery but they turn a blind eye to the practice and passive support is still support. Even without the terror link, islam is disgusting and should be scorned.

WAZIRABAD, Pakistan, June 21 (CDN) — An 11-year-old Christian boy here is growing weak and ill from malnutrition from working in slave-like conditions for a Muslim landowner who kidnapped him and is forcing him to work off his family’s debts, his mother told Compass.
-Again, the practice of slavery can be found everywhere muslims live, even in the west.

Katherine Bibi said landowner Ashraf Cheema of Dhonikay village, Wazirabad, has offered her son better conditions and possibly cancellation of the debt if he will convert to Islam.

“He is frequently invited to convert to Islam by Ashraf Cheema, and in return he is promised that he will be freed from the iron chains and his work will be eased and he will be served better meals,” she said. “Cheema has said, ‘The debt of your father and brother might also be forgiven if you convert.’”
-Some choice for an 11 year old to make, live in hell on earth or condemn your soul to hell for entirety. At least if he converts his new muslim friends will burn next to him.

Haunted by Congo rape dilemma

This article explains the horror of insurgent warfare, lawless societies and the lack of a working government and legal system to protect the populace. When you read it, ask yourself what happens if the US continues to allow uncontrolled immigration and threatens your ability to protect yourself. If you think there is much of a difference in the mentality of a 14 year old gang banger in the US and a child soldier in Africa you are wrong.

If we continue down our current path of allowing some groups to govern themselves, force their agenda on the majority and ignore violence in the name of tolerance then we deserve our fate. Lawless enclaves result from the lack of law enforcement not because of it.

The US has all the requirements for warfare to break out. A population with growing grievances, anger and distrust for those in government. A victim mindset, I know of no one that feels those in power are working to protect their rights and interests. A feeling that others are awarded special protected status. No trust that things will improve; many American’s feel things will only get worse. That sense of helplessness and diminished status will eventually lead to violence.

By Anne Mawathe, 15 May 10, BBC News, Goma
”The rebel leader asked me two things: ‘Do you want us to be your husband? Or do you want us to rape you?'”

Congolese mother-of-eight Clementine speaks in a quiet and hesitant voice:
“I chose to be raped.”

She explains: “I told myself, if I tell them that I want to be their wife, they will kill my husband. I didn’t want my children growing up saying the one that made our father die is our mother.”
-They would have also raised her children to be slaves and soldiers.

But that sacrifice was not enough. Her husband left her for another woman.

“After they raped me, my husband hated me. He said I was dirty. I often ask myself:

‘Surely, I gave up my dignity for him, how come he can abandon me this way?'”

Margot Wallstrom, the UN’s special representative on sexual violence in conflict recently said the Democratic Republic of Congo was the “rape capital of the world”.

A host of different armed groups roam parts of eastern DR Congo and all are accused of horrific violence against women.
-Keep in mind many of these conflicts are the result of the march of islam.

‘Failures’

Clementine says she will not marry again: “He is the husband I chose when I took my vows in the church. If God wills, he will return.”

It seems to be a forlorn hope.

Jocelyn Kelly, a researcher with the Harvard Humanitarian Initive’s Gender Based Violence progamme, says the men that have survived these attacks on their families are extremely traumatised themselves:

“They say: ‘I can no longer look at my wife.’ And every time they see this woman, they see someone they were not able to protect. They feel like failures and the only way they can deal with it is to reject their wife and start over.”
-Part of the problem with these groups is they are pride-focused societies. Personal honor is more important to them than it is in western societies. We value the personal triumph over adversity where they go to great links to hide any sign of personal embarrassment.

Sen. Blanche Lincoln Erroneously Thinks Forced Health Care is in the Constitution

This is why America is in the toilet, right now.  By the way, I see that Sen. Lincoln is up for re-election in 2010.  Time to get a GRIP on you government and vote this idiot out of office:

Sen. Lincoln: Congress Can Force Americans to Buy Health Insurance Because Constitution ‘Charges Congress With the Health’ of the People
Wednesday, December 16, 2009
By Nicholas Ballasy, Video Reporter

(CNSNews.com) – Sen. Blanche Lincoln (D-Ark.) told CNSNews.com that Congress has the authority to force individual Americans to buy health insurance because the U.S. Constitution “charges Congress with the health and well-being of the people.”

The words “health” and “well-being” do not appear anywhere in the Constitution.

The Congressional Budget Office has determined that in the entire history of the United States the federal government has never mandated that Americans buy any good or service. Both the House and Senate health care bills, however, include provisions that require all legal residents of the U.S. to purchase health insurance, a provision whose constitutionality has been qiuestioned by, among others, Sen. Orrin Hatch (R.-Utah), the former chairman of the Senate Judiciary Committee.

[…]

Amid Massive Debts and Deficits, Commies Decide to Go On a $1.1 Trillion Dollar Federal Spending Spree

Let me see…  Obama keeps talking about “deficit reduction,” going so far as to suggest tapping into TARP to help pay off the deficit.  Of course, the logical solution to the deficit is to cut Federal spending.  But, we all know that the Commies in Washington DC have no plans to cut back on their expenses—they erroneously believe that they can always raise taxes on their American slaves to pay for a plethora of unlimited indulgences.

With their eyes firmly fixed on raising your taxes, the Commies are poised to pass a bill that includes “generous” spending increases for federal agencies—to the tune of 1.1 Trillion dollars!!!

WASHINGTON (AP) – The Senate is poised to clear away a Republican filibuster of a huge end-of-year spending bill rewarding most federal agencies with generous budget boosts.

The $1.1 trillion measure combines much of the year’s unfinished budget work – only a $626 billion Pentagon spending measure would remain – into a 1,000-plus-page catchall spending bill that would give Cabinet departments such as Education, Health and Human Services and State increases far exceeding inflation.

After a 60-36 test vote on Friday in which Democrats and a handful of Republicans helped the measure clear another GOP obstacle, the bill was expected to win on Saturday the 60 Senate votes necessary to guarantee passage. A final vote is expected Sunday.

This morning, cloture was invoked on this massive piece of crap spending bill.  A final Senate vote is forthcoming, then it will go to Obama’s desk for his perfunctory signature.

This is just sheer insanity.  America is in a financial crisis.  A double-dip recession/depression is looming on the horizon.  Given such a grim scenario, only the most insane of the insane would be talking about “spending our way out of the recession.”

It’s time to get a GRIP on your government and take your country back; Get Rid of Incumbent Politicians!!!