Showing posts with label Barack Obama. Show all posts
Showing posts with label Barack Obama. Show all posts

Monday, November 17, 2008

Porn Star Does Her Bit For the Obama Campaign

This is supposed to be a blog that is open to viewers of all ages, so if you're under 18, don't click the link in the post.

We also generally don't deal with porn on here, but since this video is topical and hilarious, we might as well. Joanna Angel, a punk rock porn star who has opened up her own studio called Burning Angel with her boyfriend and frequent co-star James Deen, recorded a video called Vote Obama! in which she, a White woman, has sex with famous (and very large) Black porn star named Sean Michaels.

Thankfully for the Obama campaign, she released the video the day before the election, otherwise the rightwing would have gotten a hold of it and gone nuts.

What's interesting is that I'm pretty sure that I read that Angel was one of the few White female porn stars who was refusing to have sex with Black men recently. I guess she changed her mind.

This video seems designed to drive White nationalists into a homicidal frenzy.

Angel and her outfit, to their credit, are some of the smartest porn stars out there. They are also very heavily into tattoos and piercings.

For those who care about such things, Angel and Deen, who run Burning Angel together, are both Jewish. So a Jewish woman made a video of herself having sex with a Black man on the eve of the election that elected our first Black President. It's stuff like this that drives White nationalist anti-Semites nuts.

This is like something out of a neo-Nazi comic book; I can't believe this is real. This kind of stuff just feeds that "evil Jews leading the charge of the destruction of the White race" stuff.

Tuesday, November 04, 2008

African-Americans, This is Your Day

The latest death toll figures from Hurricane Katrina can be seen on this website here. The famous Russian neo-Nazi video is on this blog here.

Barack Obama is POTUS.

Hundreds of thousands of people were already converging on Grant Park in Chicago before the election was called. Wow, that must have been an incredible sight to behold. I wish I could have been there. I love to be part historic crowds like that. The crowd that heard Barack's speech was estimated at 500,000.

I thought at first that they would almost all be Black people, but the crowd contained just about anyone you could possibly imagine - including a very large number of Whites. His speech was very good, he called McCain a war hero and complimented him in other ways he probably does not deserve, and so was the crowd, as nary a boo was heard. But it's easy to be magnanimous in victory.

The election had not been called yet, and I was driving around town running errands. The radio was on again, and they were going to John McCain speaking in Arizona. This early, with the polls in California just closed, there could only be one reason for that.

I listened intently as John McCain got to the punch. Congratulating Barack Obama for winning the election to POTUS. A chorus of boos flooded out McCain's voice and he tried to hold them back, but they kept on booing. Later, he mentioned that Obama was now McCain's President, and McCain was ready to serve him. Boos again. Every time he mentioned Barack's name, the boos poured out.

I think McCain is going to resign his Senate seat. Despite a charitable and honorable concession speech, I feel that at core, he's still a nasty little man. He reminds me of some folks close to me I can't name.

He wants the ultimate, and if he can't get it, he quits. Daddy was an admiral and John McCain always wanted to be an admiral. He couldn't get admiral, so he quit the Navy. He immediately ran for Barry Goldwater's Senate seat in Arizona, with an eye towards running for President. Although an effective Senator, he always really wanted to be POTUS. Now that he can't get it, I figure he quits the Senate. Any thoughts?

I used to have some respect for McCain for being the Republican version of a maverick. He's not a wingnut, and he never was. He hates those people, he has for years, and they know it. That's why the base has always hated him as a RINO. He especially despises the White Christian fundamentalist wingnuts, since he's a secular and reasonable man. This election, he ran as the as Wingnut Supreme, and I lost all respect for him.

At some level, you have to at least respect a man who has principles, even if it's Hitler. Give them less than 1% for that at least.

George W. Bush is what he is. He's a real wingnut. He really believes all that crazy religious crap. None of the traditional noblesse oblige of his family's, and his father's, white-bread East Coast Episcopalian elite for him. He moved to Texas and grew spurs from his shins. Bush is no pretender. He's the God of the Republican Base made flesh.

For running as the wingnut is not, never was, and never will be, McCain showed me that he ultimately has no values and no shame. In particular for running this uber-sleazy Rovian campaign. We expect it from W.; he's never made any pretensions to respectability or decency. McCain always acted like he was above all that. Guess not, when the throne itself is at stake. Too bad.

Soon after Barack was declared winner, thousands of Blacks were parading through the streets of West Philadelphia, the Black part of town. Good for them. It's certainly more commendable than rioting.

This is your day, African-Americans. Savor the historic moment.
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Benefits of An Obama Election: No More Excuses

The latest death toll figures from Hurricane Katrina can be seen on this website here. The famous Russian neo-Nazi video is on this blog here.

One great thing about the coming election of Obama as POTUS is that hopefully Blacks, other minorities and Leftist Whites will finally have to STFU about White racism (to some extent) and quit screaming racist at White people all the time. Heck, I'm a Leftist anti-racist, and these idiots call me racist incessantly. This has gone way overboard for many years and it's time to call the dogs off.

It's hard to believe that a virulently racist and White Supremacist US, dripping with White Privilege and other nonsense, would voluntarily choose to elect the antidote to its racism, supremacism and privileges.

Also, hopefully, Blacks and Leftists won't have any more excuses for the problems of Blacks and other minorities. If these problems continue under a Black President, just how much of it was due to racism anyway?

I'm probably dreaming here. The Left, Blacks and other minorities are hooked on the crack of screaming racist at Whitey and blaming us for everything. The habit feels so good and has so many excellent psychological benefits (Why do you think fools go through so much of their lives blaming other people?) that there's really no reason for them to stop it and face the harsh music.

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Saturday, October 11, 2008

Bill Ayers, Rapist

Evidence here (Hat tip Entitled To An Opinion). I realize he's unrepentant about the bombings (Good for him!) but I sure hope he's repentant about this nefarious act.

It was long known that the New Left was full of a bunch of guys who spouted all the feminist bullshit when on prime time but when the doors were shut, were complete sexist pricks. "The best place in the movement for the women is on their backs." Geez, that's really crappy.

I still get chills thinking about Eldridge Cleaver, who was just nothing but a Black rapist criminal who especially loved to rape White women like so many Black rapists, defending rape (of White women) as an "insurrectionary act" in Soul on Ice. Oh, screw you, Eldridge. It's sad that books like that even got famous.

"I'm a Black criminal, I love to rape women because I'm evil, but the racist system made me rape White women." Nothing but criminals seeking to justify their behavior like they always do. Cleaver changed his name and calmed down.

Recall that I was a hippie back in the 1970's, when California dopers and longhairs looked up to a lot of these radicals like heroes. My friends were in the Brotherhood of Eternal Love in Laguna Beach where Timothy Leary and his pals cooked up huge doses of Orange Sunshine LSD and distributed it to the world. These guys were living in treehouses in Laguna Canyon in the 1970's and selling vast qualities of acid.

We ran around quoting Timothy Leary, Jerry Rubin and Abbie Hoffman and believing that pot and psychedelics would transform mankind for the better.

I remember once I opened my top drawer and there were 1,000 hits of LSD in there. I ran around with pounds of psilocybin mushrooms in my briefcase, disguised as an office worker, or in my gym bag, disguised as a yuppie going to the gym. I never got caught and it was all in good fun. My friends knew Timothy and Rosemary Leary and used to hang out at his house in the Hollywood Hills.

I've known that Ayers raped a woman for some time now. I don't think I've ever done anything that evil.

I did support the Weathermen bombings though, and I still do. They only did property damage, they gave warning calls, and no one got hurt. In Summer 1980, I was riding around Long Beach, California on my bike, stoned out of my mind, with Prairie Fire Organizing Committee and a big red star scrawled on my t-shirt, pissing off rednecks.

Other than that, they were a bunch of New Left ultra-wackos. I recall a Weatherman standing up at some party meeting and saying that all White women must abort their White babies in order to drive the White race into extinction. This is where these clowns were really coming from. They were in with the really radical Black Separatist Black Power crazies from Day One.

One of their 1970's splits was called the George Jackson Brigade. All of the communiques of the George Jackson brigade are here (cool link!). I think that the GJB is nothing but the WU in the mid-1970's. As you can see, these nutjobs were allied with the Symbionese Liberation Army insane people. Patty Hearst and all that. It was a great time to be a Californian.

Note also where they say that 50% of the women in the movement were lesbians. Well, of course. That's one more reason these idiots leave me cold.

Jackson was some Black criminal who got sent to prison for armed robbery. While there, he turned into a radical and decided it was all the system's fault. Later, Angela Davis helped smuggle guns into a courtroom, and a judge got murdered. She got off, too, and so did her radical White attorney who smuggled the guns in in a wig or something.

Later, after more splits, the remains teamed up with Black Liberation Army separatist assholes, robbed a Brinks truck and murdered a cop and seriously wounded the Brinks driver.

As an aside, I used to subscribe to the journal of their above ground journal, called Breakthrough, published by the John Brown Book Club, in the late 1980's. The journal was actually OK. I subscribed just to piss off as many people as possible and as part of my ongoing effort to act as evil as I can legally get away with.

These guys were funny. I would write them a check for $6, and it would never clear. I would wonder what happened, until finally, 10 months later, they finally cash the $6 check. I guess they're a bunch of Commies who don't care about money.

PFOC is apparently still active in Seattle politics.

This interesting, but extremely radical blog seems to be coming from a similar point of view. They call themselves Maoist-Third Worldists. They often see workers in the First World as a de facto pro-imperialist grouping that is actively attacking Third World workers. I would not exactly put it that way, but sadly there is a bit of truth to that.

These characters are also some of the only folks out there anymore who will ferociously take on nationalism itself, not ultranationalism, not national-chauvinism, but, yes, nationalism itself, as a load of reactionary crap. There are times when I find myself nodding sadly.

They also say that what needs to be done is to get the Third World together and smash the First World. It's First World versus Third World, and it's a war, dammit. You find a lot of White nationalists on the Right insisting that this is the real Commie agenda, but I've been around Left circles for years and at least hardly ever heard anyone come out and say it. These guys are the real deal.

Does the Third World need to smash the Third World. As a 1st Worlder, I'm obviously biased. Um? I don't know? Camp of Saints, anyone?

Anyway, these guys are raising some pretty interesting questions, at the very least!

Just because someone is a radical doesn't mean he always has his head up his ass. Sometimes a radical is the just the only one nuts and ballsy enough to say what's really true. Everyone else has been brainwashed by whatever the Zeitgeist of the culture is.

In case they are still in business, here's where you order. Fight Republican dirty tricks! Become a Weather Underground supporter today! Haha.

Prairie Fire Organizing Committee

Breakthrough
PO Box 14422
San Francisco, CA 94114

$6 per year (4 issues)

Also: John Brown Book Club

Self-Description: Supports liberation of internal Black colony

Comments: Armed Struggle now. Descendant of the Weather Underground Organization (WUO, "The Weathermen").

References


Jacobs, Ron. 1997. The Way the Wind Blew: A History of the Weather Underground. London & New York: Verso.

Sunday, September 21, 2008

Many Political Parties, One Illegal Alien Flavor

In California, we have several political parties. On the Right, we have the California Illegal Alien Libertarian Party and the California Illegal Alien Republican Party. On the Left, we have the California Illegal Alien Green Party, the the California Illegal Alien Peace and Freedom Party and the California Illegal Alien Democratic Party.

The parties differ in some ways. Although they all love illegal alien criminal invaders who are destroying this state much more than American citizens, they do seem to differ in their love for the criminal aliens and bristling hatred for the citizens of our nation. The California Illegal Alien Republican Party probably loves the illegals and hates the citizens the least, though it's hard to say.

There's no difference for all intents and purposes between the wackjobs in the local Democratic Party and the flat-out idiots in the parties of the Left. All anti-illegal alien legislation has ended in this idiot state. We have stupid sanctuary cities all up and down our blighted Golden State. Raids against illegal aliens are few and far between.

I frequently see illegals working at workplaces, even large corporate stores, but I never bother to call ICE. San Fransisco is reeling from crimes committed by illegal alien criminals, including a high profile recent set of murders.

That these criminals were all minor illegal aliens, convicted of felonies, whom the lunatic city of San Fransisco then shipped out to group homes in order to keep the punk garbage from being deported back to whatever Banana Republic they invaded from, was the telling point. The city was shipping the felons to group homes at vast expense.

The punks would escape from the group homes in 2-3 weeks. Then they would come back to the city to prey on American citizens. Vast numbers of them are in gangs.

Los Angeles has been destroyed; a wasteland of gangs, graffiti, crime and foreigners where the English language is seldom heard and signs in English are hard to find. About 50% of the workers in Los Angeles County are illegal aliens, according to the City Council. The city mayor is a La Raza traitor.

California is not necessarily the land of the fruits and the nuts. One of my best friends is a Communist who is so furious about illegal aliens that I am a bit worried about him. That's not so unusual out here. The Hispanics here are hopeless, and most of the legal immigrants and Hispanic citizens are out and out traitors, supporting the armies of locust-like invaders.

It seems that an awful lot of Whites here have swallowed the Koolaid and gone over to illegal alien lover. There's a lot of pressure in that direction. If you speak out against the criminal invader army in public, people will jab you with their elbow and order you to shut up. Voices get raised, even White voices.

If there are any Hispanics around, you are going to get some sharp looks. It's downright dangerous to diss the illegals in most parts of this state, so a lot of Whites just wimp out, go native or wigger or the Hispanic equivalent, and just run up the White flag. We're outnumbered as it is, our existence is precarious, the Hispanic majority is rather dangerous, so why piss em off?

On the other hand, check out the San Fransisco Chronicle's recent articles on the City's raving nutball Sanctuary City bullshit policy. Probably 90% of the population of San Fransisco are Democrats and most are pretty liberal. What really struck me reading through the comments was how many apparently liberal Democrat San Fransiscans were frothing at the mouth over this Sanctuary City madness and illegal aliens in general.

A couple of decades ago, San Fransisco was home to some fine Democratic politicians, generally liberal, often ethnic. One thing they were, unlike this latest Leftwing cancer, was patriotic. They had names like Sam Alioto. I don't think for a second that Alioto would have stood for this Sanctuary City bullshit.

On the national level, things are the same. We have the Illegal Alien Republican Party and the Libertarian Party on the Right. The position of the Libertarian Party is variable. Talking to hardcore Libertarians on the ground, it seems almost 100% of them are pro-Open Borders. However, Ron Paul seemed to be running on some sort of an anti-illegal alien platform, although this goes against standard Libertarian philosophy.

On the Left, we have the usual gang of traitors and idiots.

There's the Illegal Alien Democratic Party, of which I am a reluctant member, which has as its unofficial policy the utter insanity of an end to workplace raids, an end to fines and an end to jail terms for criminals who hire invaders instead of real Americans, and complete amnesty for all of the criminals who invaded our land and displaced real Americans from their jobs, and spread crime, gangs, graffiti, massive dropout rates, ghettos, decay, squalor, degeneration, lowering of the quality of life, and devastation all over our fair land.

That is basically the same stance as the the Illegal Alien Green Party, of which I am also a reluctant member. On the far Left, we have the Illegal Alien Communist Party USA, of which I am once again a reluctant member.

The two parties are running two traitors for President. Barack Obama, whom I otherwise support, was the co-sponsor of the Kennedy-McCain Amnesty Insanity bill that was thankfully shot down last summer. John McCain, as the name of the bill implies, was sponsor, along with Ted Kennedy, an otherwise fine liberal politician.

McCain now says he would vote against his own bill. He goes around the country speaking to Hispanic groups, telling them in public meetings that he opposes amnesty and in private meetings that he still supports his Kennedy-McCain Amnesty Psychosis Bill.

Other than that, Obama is actually even worse. He wants to end all of the otherwise meager workplace raids. Even Bush still carries out one of those once in a blue moon.

I kind of like to go to liberal and Left websites. I have lots of choices. I can got to the Daily Kos Illegal Alien site or I can go to the Counterpunch Illegal Alien site. Can someone show me a liberal or Left website doesn't love criminal invaders and despise real Americans?

I can and used to subscribe to liberal and Left magazines. I had some choices. Mother Jones Illegal Alien magazine, The Nation Illegal Alien magazine and Utne Reader Illegal Alien magazine. On the Right, I have some more choices. I can subscribe to Time Illegal Alien magazine or Newsweek Illegal Alien magazine.

So many choices! Plenty of parties, websites and mags for the illegals, and almost none for the real Americans.

When it comes to a bunch of invader criminals tearing up our land and devastating our wages, just about 100% of our political and media class supports them. When it comes to workers who are real American citizens, most all of the parties on the Right and Left and all of the media on the Left and Right are out to screw them by empowering their enemies, the illegals. For the illegals, everything. For American citizens, nothing.

What a bunch of crap!

Saturday, September 20, 2008

Obama's Momma




John McCain is getting an astounding 4% of the Black vote in the US. Go John go! This hilarious Black preacher is one of them. He's anti-Obama and pro-McCain, but he's so damn funny, I thought you might enjoy this video. I just love the way some of these Black guys talk sometimes; cracks me up.

This fellow is named James Manning, pastor of the Atlah World Missionary Church in Atlah, New York. From his bio:

The Hon. James David Manning, PhD

James David Manning is the energetic and visionary pastor of the ATLAH World Missionary Church located in Atlah, New York. He has founded three schools and developed a national church ministry. He holds a PhD in philosophy, the author of The Oblation Hour, a former Marketing Executive with Proctor and Gamble and the Ford Motor Company.
Hmm, smart guy. PhD in Philosophy.

Have fun watching.

Tuesday, September 16, 2008

Worst Day in a Century For US Financial Markets

Well, Merrill Lynch, one of the biggest, if not the biggest stock brokerages in the US, has gone under. Bank of America bought them out for $50 billion, but if they would not have, Merrill Lynch would have had to file for bankruptcy. At the same time, the huge, 158 year old Lehman Brothers financial firm, the fourth largest in America, has filed for bankruptcy. This venerable firm is apparently history.

30,000 have been laid off around the world and the company has $600 billion (WTH!?) in outstanding debt. There were negotiations between Lehman and Barclays and Bank of America to buy out Lehman, but without guarantees of the US government (taxpayers) taking responsibility for the soaring peaks of bad debt on Lehman's books, no one wants to touch this bad apple with a ten foot pole and an eleven foot extension.

Some are calling the crash of Lehman Brothers the worst day in a century for global financial markets. That was what Alan Greenspan called it.

At the same time, AIG, one of the nation's largest insurance firms and at one point the largest insurance company in the world, is in serious trouble, and its stock is being pounded into the ground. I am not sure what it is up, but apparently they are caught up in the subprime bad housing loans catastrophe.

The Bank of England injected $5 billion into markets to keep them going, and the EU Central Bank pitched in $30 billion for its share.

Some call AIG, Lehman Brothers and Merrill Lynch thetop three names on Wall Street.

If these three go under, billions in pension funds will be zeroed out and banks and financial firms all over the world will be hammered. Washington Mutual, one of the US' largest banks, is also seeing its stock beat up badly, and it is in danger of going under.

Wall Street hemorrhaged an unbelievable 500 points on Monday, September 15. I'm amazed they didn't stop trading. I'm terrified at what tomorrow holds.

The Bush Administration seems to be taking a hands off approach and saying to let these huge firms go under. This is the classic free market evangelical fundamentalist approach and it is one that John McCain is advocating.

McCain is taking the apparently completely insane position that the cure to this chaos and Hell caused by deregulation is even less government. He proposes more tax cuts for wealthy persons and corporations, and this is going to fix the mess up just fine. Even Ayn Randist objectivist and ultra-reactionary Alan Greenspan says that's nuts. Obama promises more socialist regulatory measures as a nostrum, which is what this crisis needs.

McCain also seems to edge towards calling for privatizing Fannie Mae and Freddie Mac. He and Palin wrote an editorial a week ago that called for "downsizing" the two institutions. That's probably a completely disastrous notion. It was wild privatization of everything in sight, including oversight, that caused this whole mess. The Bush Administration's takeover of Fannie Mae and Freddie Mac was a socialist move, but it was right and proper.

It arguably should have been done long ago. The reason the two institutions got into too much trouble was because it was too private and not public enough, and in the process of becoming more and more private and less and less public.

Both Obama and McCain oppose a bailout of Lehman Brothers. I don't know enough to comment on that. However, Paul Krugman, whom I deeply respect, says that the US government is playing Russian roulette with the financial system.

After Bear Stearns went down six months ago, socialist regulations should have been put in immediately to try to stem the hemorrhage. Instead, the Bush Administration did nothing at all. At the time, Krugman called that move foolhardy. He is looking more and more right, and I don't want him to be.

McCain opposed the Bush Administration's socialist bailout of Bear Stearns. It was painful, but arguably necessary, and inaction would have been much worse. It certainly slowed this crisis down and bought it some time.

At the time, McCain called for less regulation of financial institutions, not more. McCain and Palin both seem to be resolutely and reflexively opposed to more regulation of the financial sector, or even of regulation period. In this way, they are even further to the right of ultra-reactionary George Bush.

McCain-Palin's economic plan, what little we learn of it, sounds really frightening. They would continue the insanity and idiocy of Bush economics and have vowed to actually make things even worse.

I'm no economist, but I'm not sure that's such a good idea. Government bailouts are nasty, but the alternative may well be worse. Anyway, I'm a socialist, and bailouts can be seen as a kind of socialist intervention.

The Bush Administration, and frankly, Republicans for the past 30 years, have created this whole mess. I must admit sadly that "free market Democrats" like Jimmy "Atari Democrat" Carter and Bill "Eisenhower Republican" Clinton had their mitts in this mess too. This is because Democrats have increasingly been adopting radical neoliberalism over the past 30 years, with the predictable results.

But the biggest players have always been Republicans and one of the biggest culprits of all is one of George Bush's and John McCain's best buddies, Phil Gramm of Texas.

Now retired, Gramm is probably responsible more than anyone else for dismantling regulations set up in the wake of the Stock Market Crash of 1929 in order to prevent it from happening again. Many reforms were enacted during the Depression and afterward. It's best to call these socialist reforms because that is what they were.

These socialist reforms tamper the insanities of the free market like lithium smooths the moods of a psychotic bipolar patient. Or another analogy could be a fog layer and an ocean along a seacoast that moderates the weather and produces a nice Mediterranean climate for much of the year.

True, if you love wild swings, you can go inland to the deserts where there is no moderating weather and it's 120 in the daytime and 30 at night.

This is what the capitalists want. Capitalists are basically sick people - they behave like the mentally ill or sex or drug addicts. They are like untreated psychotic bipolar patients who live for the wild manic rides. Capitalists are like a pathological gambler in a casino with a no-limit credit card blazed on coke and downing cocktails. There's no limit to the runs.

The capitalist wants the ability to run up huge profits in crash and burn, live fast die young, boom and bust economics. Neoliberal free market economics is just great for the boom and bust crazies. Like the wasted gambler with the stolen credit card in the casino, the capitalist thinks there's no limits to the run-ups. He keeps going to new tables and doubling down.

You tell him his manic episode is going to crash hard at some point and he turns around to punch you in the face and charges at you like a buffalo as you race out of the building for your life.

With capitalism, as with boys on a playground, adult supervision is necessary. Capitalists need to be supervised by adults called government and socialism. Even Adam Smith himself acknowledged that the unregulated free market was one of the worst evils known to man. He said the free market had to be regulated by the state to prevent total economic chaos. The heirs to Smith's throne seem to have forgotten his books.

They got rid of almost all of the progressive socialist legislation we put in that prevents wild run-ups and Gold Rush style booms but at the same time also dampens down the inevitable free-fall busts that always follow the booms, like day follows night.

It used to be, you went to get a mortgage and if your income was about 1/3 of the mortgage and your credit was good, you got the loan. The bank wanted to make dead sure you were going to pay back the loan so they vetted you carefully. Those days are gone.

In recent years you could get a loan for 7 times your income, and the lenders assumed you would not be able to pay it back. But they didn't care anymore because you weren't even going to pay it back to them.

They took your bullshit loans and packaged them into some bullshit thingies called CDO's, which were some weird investment vehicles made up of thousands of home mortgages, many of which were known to be bad loans. Then they got crooked accountants to mark these crap securities with AAA ratings when all they were were turds with fancy paint all over them.

They then hocked this ripoff fraudulent packages to suckers in the financial world, while claiming they were worth their weight in gold. The deregulations had gotten rid of the notion that investment banks should be separated from consumer banks. There was supposed to be a solid wall between the two, so if one went down, it would not take down the other.

If a financial bank went down, it would not take down consumer banks. When banks were allowed to be both financial and consumer banks, they failed in 1929, causing the Great Depression. This wall, called Glass-Steagall, has been progressively whittled away for many years now to the point where it is about gone.

Republicans, especially Mr. Gramm and his diabolical Dragon Lady Korean wife, were the worst offenders. The destruction of Glass-Steagall is an important reason why we are seeing these financial meltdowns right now. Another reason was the whittling away of standards for home loans. The lending industry has always hated regulations making it so that those who took out loans to buy homes could pay back their loans.

By the 1960's, regulations were in pace that enabled banks to make vast numbers of home loans, very few of which went bad. As the banks itself ate it when the loan went bad, applicants were vetted religiously. This was progressively gutted over the years to the point where loans were given out gleefully to folks who in no sane world should have gotten a loan.

White nationalists have posited a theory (and now pro-business freemarketeers havejumped in) that the subprimes and other bad loans were ordered by the US government eager to get Hispanics and Blacks into home ownership, hence the niggers* and the Mexicans are responsible for the devastation of our economy! Wow, what a breathtakingly audacious theory.

There appears to be little evidence to back this up. For many years, banks had different standards for Whites versus non-Whites and many Blacks found it almost impossible to get a home loan no matter how good their credit was. The Feds started cracking down on this under Clinton 10-15 years ago, and there was no housing crisis then.

The notion that PC Feds pushed poor, innocent, mortgage banker criminals into making bogus loans to irresponsible non-Whites appears false.

The mortgage bankers made lots of money on every loan, so they would practically sign up a German shepherd if one walked in and asked for a loan. The criminals quickly sold the loans in fraudulent packages to poor suckers in financial institutions, so it was out of their hands they didn't care whether it was paid back or not.

True, people took out loans they could not afford, but in a sane society, those loans never get made in the first place. Loan officers criminals were con artists who slickly pitched the loans to ignorant people who had no business being there. They got them in at very low teaser rates and didn't really explain well that the rate was going to go up later on.

The lenders were as low as Nigerian email scammers.

But it's not up to the borrower to determine if he qualifies for a loan, and a borrower is not irresponsible for taking out any loan.

The burden of responsibility in a sane society lies on lenders. If lenders eat it when loans go bad, then they are unlikely to loan to the undeserving, who are shown the door. Blaming Blacks and Browns for this housing collapse is an appalling exercise in White racism.

When the loans went bad, as any idiot knew they would, they pounded financial institutions all over who had bought huge quantities of these crazy things without really knowing what they were getting into. Financial houses poured billions into fools gold securities that disintegrated in front of their eyes to pennies on the dollar.

Soon they were out billions with bills coming in continuously and frankly no money in the drawer to pay any of them. You can only go on for a while like that.

John McCain has had his mitts in this bullshit for about 30 years. He's supported just about every crazy deregulation package that came down the pike. If he ever opposed one, let me know.

Furthermore, McCain was in very, very deep in the same horrible Savings and Loan collapse. He spent much of the 1980's, while prophets were screaming in the wilderness about the doomsday looming S&L mess, barking about the need for fewer and fewer regulations on S&L's. Look what happened.

McCain hasn't learned a Goddamned thing. Here it is, 20 years later, and he's back doing it all over again. He's like a sociopath impervious to punishment.

McCain, the Bush Administration and Republicans in general are overwhelmingly responsible for the collapse of the housing market and the resulting failures and collapses in the financial market, banks and insurance companies. Democrats are also responsible, but much less so, and hardcore liberals like Obama probably have little dirt on them.

John McCain now says he's coming in as a "maverick" and he's going to flip and change 30 years of deregulation mania as he becomes some kind of born-again reformer. Just as Bush ran as a "compassionate conservative in 2000, when he had many years in office proving the opposite, McCain's record speaks for itself. McCain the socialist big government regulator? Get real.

*used sardonically