423-263-9988

Find Here the Many Reasons to Fight for Freedom
So many abuses to rescind, so little time..

Here is a direct quote from Bill Clinton's autobiography titled, "My Life" published 2004 by Knopf found on pp 517-518:

"One of the most effective things we did was to reform the regulations governing financial institutions under the 1977 Community Reinvestment Act.  The law required federally insured lenders to make an extra effort to give loans to low- and modest-income borrowers, but before 1993 it had never had much impact.  After the changes we made, between 1993 and 2000, banks would offer more than $800 billion in home mortgage, small-business, and community development loans to borrowers covered by the law, a staggering figure that amounted to well over 90 percent of all the loans made in the twenty-three years of the Community Reinvestment Act."

Here we see a frank admission by Bill Clinton that his administration was responsible for the "staggering" "$800 billion" in loans to borrowers who would otherwise not qualify for these loans.  This "staggering" figure has caused our nation to stagger under the load of loans which these financial institutions would not have otherwise made due to the high risk of default. In effect, Bill Clinton changed the Community Reinvestment Act fo 1977 into a gigantic subsidized housing bill with the US taxpayers doing the subsidizing.

 Thanks,

Larry

Stay informed. Google "SPP". Video source: ConservativeUSA.org

If you still don't believe it's "bi-paritisan treason" closely examine SPP.gov
(That's right. A government web site!)

Here's a recent action I took that you may be encouraged to join into. It's easy to do and will only take a small amount of your time...see the link at the bottom.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Please introduce DownsizeDC.org's "Write the Laws Act." You can find a summary and the full text of the bill here: http://www.downsizedc.org/wtla_legislation.shtml

My personal comment to you:

I know you're busy, but there are certain urgent matters I'm hoping you and your colleagues are paying attention to.

Currently I would like you to take to heart the fact that the Executive Branch is usurping your power and responsibilities for regulation and oversight.

An ongoing case in point is the initiative by Mexico, the USA and Canada who are (way too) quietly developing the Security and Prosperity Partnership of North America (SPP). To save your time, and mine, please review:

http://www.downsizedc.org/write_the_laws.shtml

Passing such an act, the Write The Laws Act, would help keep the legislative power where it belongs, i.e. with you, e.g. preventing the executives of 3 countries and selected powerful corporations dictate our laws, security and economic future which violates the very foundation of our Constitution, as written, to protect 'we the people' from such abuse of powers.

I hope this appeal doesn't just result in another 'form letter' response. Our future is as stake here.

- - - - - - - - - - - - - - - - - - - - - -

Don't forget to tell your friends about this campaign!

Make Congress "Write the Laws!"
http://action.downsizedc.org/wyc.php?cid=51

"Keep the freedom, prosperity and peace balls rolling!"....Ron Cadby