Hear this article

Liberals don't get it because they can't understand it. The more cash in the citizens pocket the more money they spend. Small business men spend more than their employees. Clinton knew that when he and the democrat congress / senate confiscated money out of peoples pockets through taxation at historic amounts, he would have to find a way for people to continue spending and not hurt the economy. How can people keep and increase spending when they just lost a good chunk of the income ?  Well he thought it smart when he did it but just like his moral corruption infected a nation of youth and the generations that follow his socialistic corruption to enslave and control a voter slave base eventually brought this whole nation to it's financial and economic destruction. To accomplish this he knew he had to convince people to spend money they didn't have anymore  by promoting through Statute ( executive made law) the expanded use of credit to buy anything you want.

His idea was to expand the Community Reinvestment Act (CRA) by passing legislation to change the banking industry's way they loan money. He appointed his own budget director to head Fanny Mae to backup with taxpayer backed money any loan the banks was able to push upon any sucker they could find. Under this new forced loan scheme all looked grand and the tax revenues from all this false economic boom began to flood the treasury and that gave him even more to spend to sustain the biggest ponzi scheme in the worlds history.

Thus, the Clinton age of the expanded economy begins. Every college child gets a credit card, anyone who wants a new car can buy one, new house yep, that too and all that's required is a signature.  The consumer debt sky rocketed and the consumer savings plummeted.

Banks began to loan money to whoever wants it  regardless of your ability to repay. New housing additions popped up by the thousands , the car industry was booming and credit cards was the choice of payment for a new America call " American Consumerism" 

He ordered his attorney general to  rigorously enforce the new banking statutes.  Janet Reno Said " No loan is exempt, no bank is immune. For those who thumb their nose at us, I promise vigorous enforcement.”. In just a year or two the banks had given 31 billion ( in early 90's value) to all who was asking. It wasn't long before the loan money was gone and fannie mae had to start selling groups of these bad loans to keep the flow up ( ponzi). The banks did the same and the initial 31 billion dollar in new loans turned into trillions.

In 2006 the bush administration saw what fannie mae was up to and pleaded for reforms but with Clinton's man  in charge of Fannie Mae and the democrats in control of congress who refused to reform the system while accusing the Bush people of racism for trying it all seemed doomed to continue.   By the second half of 2008 the pass the buck game came to an end when there was no one left to accept the passed buck.

Clinton's scheme to replace the missing cash he took from the Americans pockets with credit cards came crashing down. The politicians quickly blames others even one of the victims who we may call the banks and the insurance companies who insured the packaged loans the banks were made to give. Of coarse this was for show because the politicians really responsible for our crash quickly gave those they threw under the bus ( banks and insures ) hundreds of billions to shut up and be happy. opps I guess they bought them Humm..so.... well, since the people of the nation didn't own anything due to their decision to trade ownership in exchange for the Clinton's addiction of consumerism, leasing and credit spending, the nations people didn't have a dime to their name to rebuild.  The politicians and the cronie banks now own all the assets of our nation. Wow..What happened ? 

This was the slickest theft of a nation  in the history of the world and most didn't even see it coming and many are so confused the don't even know they lost anything.

People are wondering around in borrowed car and living in borrowed houses belonging to their masters while having the DT's over not being able to borrow. And those who are not will be their target.

This Scheme was perpetuated by convincing America we needed to implement an affirmative action program for the untrustworthy.  The irony of this in retrospect is the acceptance of the same Affirmative Action program that brought us to our knees has so conveniently placed us in position to service our new President that Affirmative Action brought us as well. And trust me folks he will not allow us to ever have enough money in our pockets or owner ship of our nation again. The socialist have won.

In the next 10 years the taxes in this nation will more than double. The question is will a once free people be consumed by a consuming nation or revolt ?

This is what I've come up with in my analysis of the matter. It's all history and yes some with video. Of coarse this comment section couldn't hold every detail but this is a nut shell of the matter. And early report from 1994 for warned and sets up our final chapter.   CLICK HERE    Take the time to read it.