Joerassic Park Opens

Joerassic Park Opens
Joerassic Park Opens

Yeah; that sounds about right. Biden and Co. would say that a Tyrannosaurus rex was a lamb, and therefor safe, just as they’ve claimed that they haven’t sunk America into a recession and that we have a 0% inflation rate.

Delusions or Duplicities? I truly believe that it no longer matters. A sufficiently entrenched level in incompetence is indistinguishable from malice. As such, it needs to be treated so to the fullest and furthest extent we, the People’s will and means.

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It's Not A Recession!

It's Not A Recession!
It’s Not A Recession!

Biden and Co. are, despite the facts and all normative definitions, proclaiming that America is not in a recession. Because, if you’re a Democrat, caused a huge problem for the majority of the American people, can’t or won’t fix things, and can’t convince anyone of note to believe it’s someone else’s fault, you go full-on Humpty Dumpty and “redefine” what the term recession means.

It’s just like they did with “vaccine” when their lies about the effectiveness of the COVID-19 “vaccines” were exposed. But then, it’s also just like their constituencies do with any other words that wish to, e.g., man, woman, gender, racism, sexism, misogyny, violence, and/or sexual assault.

Folks, I don’t think there’s an actual, true-born and rightly-raised American who doesn’t expect politicians and their appointees and hires to lie to us consistently. Nor do I believe that any of us even particularly care that they do so; it’s literally the core competency of their jobs. But, damn the fuck damn, is Biden and Co. ever stupid about it!

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No Collusion? Recession!

No Collusion? Recession!
No Collusion? Recession!

With their witch-hunt having bled out, the Democrats are now concocting and promulgating the conspiracy theory that we’re about to go into a recession and that President Trump will make it into a disaster of global proportions. This, despite the fact that under President Trump’s leadership, America’s economy has strengthened and improved to levels unheard of in recent years, if not decades.

Yeah, it’s nothing but the next mendacious screed from the Left and their media, made in the desperate attempt to harm President Trump and to get one of their own into the White House.

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Subprime Intelligence

Obama the IdiotAmerica is suffering through trying times and such trying times called for men of character and intelligence to step up and lead the way to better days. Sadly for each and every American, we’re saddled with Obama and the boy has no character of note and an obviously subprime intelligence

Yes, it’s probably too much to ask that Obama to learn from history. One could, however, quite reasonably expect anyone approaching the average human intellect to be able to learn from current events.

Such expectations that Obama had the basic human capacity to learn and adapt seem to have misplaced. In the wake of the Subprime Mortgage Crisis that caused the Great Recession, Obama’s policies for the FHA have been to do the same thing again with the same borrowers who defaulted the last time.

After two foreclosures and two bankruptcies, Hermes Maldonado, a Honduran immigrant, recently qualified for an FHA loan for a home in the Los Angeles area.

“After everything that happened, thank God I was able to buy another house.”

Under Obama, the FHA has more and more backed new home loans to so-called rebound borrowers, those who have recently defaulted on previous mortgages. The agency is now allowing lower-income borrowers with extremely low credit scores to get loans a mere three years after foreclosure and with as little as 3% down. This has resulted 40% of newer FHA-backed loans being subprime.

The natural result of this stupidity is that a large percentage of these loans are more than 90 days delinquent and many more are actively in foreclosure.  These losses have depleted the agency’s reserve fund to 0.24% during fiscal 2011, which is barely more than one tenth of the Congressionally-mandated 2% level.

With cash reserves almost nonexistent and analysts predicting that over 30% of FHA backed mortgages will be in delinquency within the next five years it’s expected that FHA will need a taxpayer-funded bailout in the very near future – to the tune of over $50 billion.

I’ll give Obama and his handlers and sycophants credit though. They don’t do stupidity in a small way; theirs is a larger than life sort of idiocy.

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Double-Dip Recession?

A lot of talk keeps going around about fears that America is going to experience a double-dip recession.

Double-Dip Recession - Yes, with Dipwad and Dipshit, i.e., Obama and Biden
Yes, We’re In A Double-Dip Recession

This seems pretty damn obvious to me. With the two dips, Obama and Biden, filling the top two positions in the Executive America, is, and has been, in a double-dip recession.

Of course, this fear is just the fantasy of economists. Whether the recession slowly “ends” or double-dips is largely irrelevant as it is based upon the GDP. Insofar as the bulk of the American people are concerned, we’ve never come out of the first recession.

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