Those of you coming to this post late, move on.  You will not get it…

But if one looks across the right’s blogosphere, one sees a concerted ratcheting up of a campaign, any campaign to blame President Clinton for the problems we face today..  They have to. They are going to lose this upcoming election so bad.. that they will join the waste bin of political parties and are scrambling to find something, anything that could possibly shift the blame over to someone, anyone other than the greediness of their party…

Shirley has a video montage, which if you had no clue what what happening, might make you believe against your own credibility, that someway, somehow Democrats were responsible…  In it there are a lot of graphs showing rising lines over the entire period of the Bush presidency, and then a precipitous fall, and a disclaimer blaming Clinton for the Bush presidency… lol

Likewise Tyler Nixon has a rant that is stylistically hard to read through, extremely so…. Complete with fallible logic and long ranting of angry diction, he vainly tries to tie today’s debacle to ex-President Clinton, and offer that segway as the reason we are now failing so miserably in the last years of the Bush presidency….(if I am incorrect, forgive me, it was so hard to read)

Hube carries the Weasel List and guess what.. topping the chart is a piece on how Clinton is to blame for today’s mess…

Maria Evans has tried that approach and in order to get there, she had to use circular reasoning and tactics ranging from subject changing and fact stretching, just to sneak in the weakest of defenses, in her attempt to ignore that our biggest problem stems from the Commodity Futures Modernization Act of 2000.

It’s the half truth email campaign all over again, although this time, it is taking place across the blogs…  One will see one of these posts pointing fingers back 8 years ago and blaming Clinton, with three or four people at the end saying “here, here”

Here is what is funny… It’s the same three or four people… All of them have written a post, and the other three suddenly pile on…

If it was true, it would be democracy in action..  When its false, it is just sad.

A large part of the confusion is that none of these spokespersons really understand the complicated way that derivatives work and cannot even read the complicated language written in the bills themselves…

They are therefore susceptible to being told what the problem is and being pointed to the wrong direction and sent out to champion their cause… Remember the boat these very people are in… We probably should show them a little sympathy, for they are facing a personal meltdown, similar to what one faces whenever ones belief structure is suddenly proven to be nothing of a fabrication… Sort of like that of a creationist, figuring out that the dinosaur bones he is fingering,  don’t really fit into his 4000 BC creation date time line…….

Those acts deregulating the 1933 and 1934 bills, which were buried and sneaked through the Omnibus Bill of 2000, are the root causes of today’s calamity….  There are several other factors piling on to this, and it is upon one of these, the Fannie Mae and Freddie Mack debacle which did have Democratic sponsors, that our lost Republican friends have seized upon in their attempt to cast all blame upon the honorable Bill Clinton  ( lol that always makes them see red).  But blaming Freddie’s and Fannie’s misappropriations for today’s crises, is like blaming all of Coca Cola’s products for the massive toothache that has knocked you off your feet…   Yes, a contributing factor perhaps, but had you used proper dental hygiene……..combined with regular checkups, …… and what about those Pepsi products? Well you see the point…

Since in today’s American soul, like it or not, they will see Republicans responsible for all of this; and only by screaming and pointing the finger loud enough at Bill Clinton, will any Republican’s possibly break over 5%…..  lol   When the next election cycle rolls around, a new party with a different name, will rise to take their place…

This assault on truth was certainly to be expected… But it is also to be jeered.  Imagine, blaming a president from 8 years ago…  Think about it for a moment… Blaming a president from 8 years ago… How ineffective does that make the current president look?    “Oh our president was busy doing coke and didn’t see it coming, and that makes it Clinton’s fault…”  Yeah, right,  I  don’t think so…..   lol  If Clinton is really to be blamed, then why when we had a REPUBLICAN PRESIDENT, REPUBLICAN SENATE, REPUBLICAN HOUSE, REPUBLICAN SUPREME COURT, (anything else?) was nothing substantial done to prevent it?  And when the Democrats finally took over, it was the REPUBLICAN SENATE who repeatedly invoked the laws of cloture in order to prevent these timely reforms from being passed? And you expect any of us to vote you up for another term? lol.

So just exactly how silly are you Republican’s today?   Lets see if I can put it into perspective…

Your high school junior son or daughter refuses to turn in their homework for a week,  and blames it on something that happened to them in third grade. lol

Or in driving way too fast to get to a Republican Party Emergency Meeting, hastily called to figure how to stem the mass exodus of voters over to the Democratic Party, you get pulled over by one of Delaware’s finest, and you say “Gee, sorry officer, you’ll have to let me go… You see eight years ago…..”   lol

Or when told the book you last checked out is overdue, you begin with  “Ma’am,   eight years ago……” lol

Of course being too preoccupied with their own self absorption, they fail to realize how ridiculous their claims sound to people who really don’t give a shit about the “Republican Party”

For if they were concerned about America, they would have researched and understood that the problem is not Bill Clinton… The problem is Phil Gramm. The silver bullet he used to kill America is the clause numbered 208 which he slipped through a humongous 11,000 page Omnibus Bill thereby removing the protections legislated as far back as the NEW DEAL, which were done to insure that never again would a Great Depression occur on American soil….

The repeal of that specific regulation which Phil Gramm sneaked through, removed without a vote, hey, removed without even a debate,… all our protections… And so, here we are….   The fourth largest bank disappears overnight….  Ka poof….  And soon we will mortgage the entire future of the United States of America on the hope that a fund twice that size, over 700 billion, won’t disappear in just two nights…  lol

And you won’t hear any Republicans mention it,….  other than Republican members of Congress. For it is the current Republican members of Congress, that small group still remaining fiscally responsible, who are the very ones saying that section 208, that Phil Gramm rider abolishing parts of the 1933 and 1934 law, needs to be pulled right now…..

What this proves is nothing more, than that there are people who are in the know, and people who are NOT in the know…  Those in the know (and I am proud to say most of them are “smart Republicans”) fully understand that Phil Gramm’s piece of legislation is what drove us us over the edge, and that we need to remove it and return to the law the way it was written after the last time we fucked up this big….

Those people NOT in the know…. will continue to blame Clinton’s policy of 8 years ago for what was actually a weak link embedded in their own failed philosophy…

So how does one deal with those well-intentioned self-preservationist, but poorly aimed accusations?  You know what I mean…. a long list of diatribes interposed with names like Barney Frank, Robert Rubins, Frank Raines, all who were involved with the sloppiness of both Fannie and Freddie?

Acknowledge it. and then say this…

Whether or not Fannie or Freddie Mack were kept insolvent by Democrats, matters rather little in lieu of the overwhelming problem faced by us today. Even more, it is irrelevant. Our financial system is large enough where it could absorb the dissolution of a large institution.

It is the impossibility of dealing with the dissolution of all of them at once, which creates not only a problem, but this huge crises.

Basically we woke up and realized our entire financial system wais unsound…It’s based on…..confidence… There was nothing there to back it up….just like there was nothing in 1929 to protect anyone’s money then….

Bear Sterns failed not because of Fannie and Freddie Mack..Lehman Brothers failed not because of Fannie and Freddie Mack…Goldman and Sachs failed not because of Fannie and Freddie Mack…Morgan Stanley failed not because of Fannie and Freddie Mack….AIG failed not because of Fannie and Freddie Mack…WaMu failed not because of Fannie and Freddie Mack.  All the others still standing who will fail,…will not fail because of Fannie and Freddie Mack…

They will fail because of Phil Gramm’s change to the Securities Act of 1933 and 1934, and act which was supposed to prevent a large magnitude  catastrophic collapse from ever happening again. A rider (Section 208) which was slipped in, sight unseen during a conference session by Phil Gramm, that was never debated, and never voted upon by either body…

But they won’t listen to logic.. So therefore I have improved upon their tactic of repeating something an infinite (almost lol) number of times, to make it true..  For as any Republican well knows, truth is not what it is, but what a Republican says it is…  lol.

So look through the schematic below, and try to read each line ….

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This is the logic behind their thinking…  I hope my satire of their dramatizations opens their eyes to just how silly they look to the rest of us….

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