The Law od theLand
Independent View

United States

#1 Oct 1, 2013
The “Law of the Land” is the most common chant of the Democrats in their march toward socialization of the U.S. with Obama Care. The Government shut-down may be the last gasp of freedom-seeking leaders to avoid socialism.

We are no longer a “Rule of Law” country. Many unpopular and damaging laws have been passed that are detrimental to free enterprise. One notorious one is the Community Enforcement Act (CRE) that has wreaked havoc among lending institutions, causing widespread bankruptcies in 1980. Bush 43, a staunch capitalist, was still president, so how did he let it happen? More on that further below.

“In the United States, the Federal Deposit Insurance Corporation (FDIC) may assume deposits of banks or allow other banks to assume them. The largest banks to be acquired have been the presumed Merrill Lynch acquisition by Bank of America, the Bear Stearns acquisition by JPMorgan Chase, and the Countrywide Financial acquisition also by Bank of America. IndyMac Bank was also a large bank that was changed into a bridge bank by the FDIC, after its failure, until the funds can be disposed of. In addition, the investment bank Lehman Brothers has filed for Chapter 11 bankruptcy protection.”

http://en.wikipedia.org/wiki/List_of_banks_ac...

ACORN was a Creature of the CRA. For the short-term memories, the CRA stands for the Community Reinvestment Act, enacted during the Jimmy Carter Administration, mainly due to pressure upon the Carter Administration to force large lending institutions to grant loans to borrowers with poor credit ratings. The lending institutions back then, in 1977, could not depend upon Government bail-outs for bankruptcy, so they went into survival mode and adapted the small loan company (loan sharking) policies of high interest rates to compensate for their losses. At the end of the Carter Administration, the interest rate for a home mortgage was about 21.5%. Most of those who bought homes during that period later refinanced them or had their homes repossessed by the lenders.

Although it was the “law of the land,” no presidential Administration after Carter, until GWB II, attempted to enforce the CRE. Bush succumbed to pressure from ACORN and other left-wing socialist groups led by such community organizers as Barack Obama. They filed multiple law suits against the banks demanding fines and sanctions that prohibited the lenders from investing in enterprises that kept them solvent. The big lenders succumbed to the pressure, but recent laws kept them from raising their interest rates to the level of the small loan sharks. They were sitting ducks for bankruptcy.

http://www.realclearmarkets.com/articles/2009...

The Obama connection to ACORN:

http://www.americanthinker.com/blog/2008/05/o...

In the course of our history there have been many unpopular laws passed that were never enforced. The one that comes immediately to mind are the immigration laws, and even the U.S. Constitution. Article IV, subpart 4 of the Constitution requires Congress and the President to protect all states from foreign invasion. President Dwight Eisenhower was the last president to enforce it. Total contempt for it by the federal government, and the illegal alien invasion, gained great impetus with the liberal policies of the Kennedy Administration.

Other unenforced laws that are the sine qua non of contempt for immigration laws are the minimum wage laws. If they were enforced, there would be no need for an immigration enforcement agency.

State voting laws are among the most abused laws, and the Democrat Party is the force behind prohibiting the requirement of a voter ID. IRS laws and many other federal laws are enforced only selectively and spottily. In 1918, Prohibition was probably the most unpopular law ever passed, kowtowing to religious fundamentalists. It was rescinded in 1933.
Independent View

United States

#2 Oct 1, 2013
Correction:

It should be 2008 GWB Jr's last year in office, instead of 1980 (when Carter left office).

In the years leading up to 2008, Barack Obama was heavily involved with ACORN in filing charges against lending institutions to force them to comply with Carter's CRE. The law should have never passed, much less been enforced. Lending institutions have very accurate credit profiles on all applicants for real estate loans, and they never needed the Government to tell them whom they should lend money.
cat2009

El Paso, TX

#3 Oct 1, 2013
To bad that many laws of the land are being changed to become law of the land. Like the 2nd ammendment,immigration,DOMA,al l laws of the land before liberalism.
JWRussell USRN

United States

#4 Oct 1, 2013
Independent View wrote:
Correction:
It should be 2008 GWB Jr's last year in office, instead of 1980 (when Carter left office).
In the years leading up to 2008, Barack Obama was heavily involved with ACORN in filing charges against lending institutions to force them to comply with Carter's CRE. The law should have never passed, much less been enforced. Lending institutions have very accurate credit profiles on all applicants for real estate loans, and they never needed the Government to tell them whom they should lend money.
He is not going to give in because this is not going to give him political advantage. This is a lifeline for an administration that’s drowning. His numbers are low, the administration is in disarray, humiliated abroad, an economy stuck in the mud at home. He really has got nowhere to go. I think they have been hoping for a shutdown because Obama then gets to go on the stage and to give all that stuff that you showed in your introduction.‘This is a law of the land, I’m upholding the law,’ except for one thing: It’s completely lawless. He unilaterally changed about 17 provisions in the law after it was passed.… You are not allowed to do that under our system. And then he says that the Republicans are the ones who are being unreasonable because they want to amend another provision. And as you pointed out, Obama already suspended it for the big guys, for big business you get a year of grace, but if you are a little individual, you don’t get anything.… The strategy I would have chosen would have been to do nothing right now. Allow it to go into effect. The stories in the press tomorrow instead of being about the glitches, the disasters, the people who can’t sign up, all the contradictions as you said — the honor system that you have to rely on, computers that cannot calculate what your premium is, what your subsidy is. Instead of the story being about how unwieldy and impossible is the bill, it’s going to be all about a shutdown, about the panda cam at the National Zoo shutdown over the government shutdown. It’s the wrong story.
DC Dave

Nashville, TN

#5 Oct 1, 2013
JWRussell USRN wrote:
<quoted text>
He is not going to give in because this is not going to give him political advantage. This is a lifeline for an administration that’s drowning. His numbers are low, the administration is in disarray, humiliated abroad, an economy stuck in the mud at home. He really has got nowhere to go. I think they have been hoping for a shutdown because Obama then gets to go on the stage and to give all that stuff that you showed in your introduction.‘This is a law of the land, I’m upholding the law,’ except for one thing: It’s completely lawless. He unilaterally changed about 17 provisions in the law after it was passed.… You are not allowed to do that under our system. And then he says that the Republicans are the ones who are being unreasonable because they want to amend another provision. And as you pointed out, Obama already suspended it for the big guys, for big business you get a year of grace, but if you are a little individual, you don’t get anything.… The strategy I would have chosen would have been to do nothing right now. Allow it to go into effect. The stories in the press tomorrow instead of being about the glitches, the disasters, the people who can’t sign up, all the contradictions as you said — the honor system that you have to rely on, computers that cannot calculate what your premium is, what your subsidy is. Instead of the story being about how unwieldy and impossible is the bill, it’s going to be all about a shutdown, about the panda cam at the National Zoo shutdown over the government shutdown. It’s the wrong story.
NEW RULES. No more stupid azz comments from old trannys like you.
Independent View

United States

#6 Oct 1, 2013
DC Dave wrote:
<quoted text>NEW RULES. No more stupid azz comments from old trannys like you.
Go stufu, you bean face. I make the rules in this thread because I was the first to post. I welcome all dissenting points of view, unless they're made with tongue-in-cheek. I don't like that analingus crapola.
DC Dave

Nashville, TN

#7 Oct 1, 2013
Independent View wrote:
<quoted text>
Go stufu, you bean face. I make the rules in this thread because I was the first to post. I welcome all dissenting points of view, unless they're made with tongue-in-cheek. I don't like that analingus crapola.
NEW RULE. Massage my sac with your tounge and cheek, ya tranny.
Rolling Papers

Long Beach, WA

#8 Oct 1, 2013
Independent View wrote:
<quoted text>
Go stufu, you bean face. I make the rules in this thread because I was the first to post. I welcome all dissenting points of view, unless they're made with tongue-in-cheek. I don't like that analingus crapola.
Whoa Nellie your playing the same kids games Obama the Senate and the House of Reps. Kids games like I was here first or I saw it first. pointing fingers squealing on each other. Its mine won't share or set down and listen and try and reason. Shame shame shame
DC Dave

Nashville, TN

#9 Oct 1, 2013
Rolling Papers wrote:
<quoted text> Whoa Nellie your playing the same kids games Obama the Senate and the House of Reps. Kids games like I was here first or I saw it first. pointing fingers squealing on each other. Its mine won't share or set down and listen and try and reason. Shame shame shame
I'll share, you can have the tranny for the night ya joto.
DC Dave

United States

#10 Oct 1, 2013
DC Dave wrote:
<quoted text>I'll share, you can have the tranny for the night ya joto.
Thanks, we'll make sure to feed wet necks mom some dog food for her services.

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