LYING HARRY REID, THE MAJORITY LEADER OF THE DEMAGOGUES

HE'S A FREEKIN' LIAR:

The Associated Press reported that Senate Majority Leader Harry Reid (D-NV) said of the passage of the bill,

“To Wall Street, it says: No longer can you recklessly gamble away other people's money. It says the days of too big to fail are behind us. It says to those who game the system: The game is over.”

THIS NEVER HAPPENED. REID IS LYING; IT'S PURE UNADULTERATED DEMAGOGIC BS.

NO AMERICAN INVESTOR HAD THEIR MONEY RECKLESSLY GAMBLED AWAY WITHOUT THEIR INFORMED CONSENT.

NOT ONE.

THIS IS THE BIG LIE. THE BIG LEFTIST LIE.

• THE CAUSE OF THE REAL ESTATE BUBBLE WAS GOVERNMENT - FANNIE MAE AND FREDDIE MAC AND SUB-PRIME AND ALT-A LOANS ESSENTIALLY GUARANTEED BY UNCLE SAM.

• AND ALL BUBBLES ALWAYS BURST.
  

• AFTER THE BURST, THE "TOO BIG TO FAIL" BANKS GOT THE POLITICIANS TO USE OUR MONEY TO BAIL THEM OUT. AND SO DID FANNIE MAE AND FREDDIE MAC - BOTH RUN BY MEMBERS OF THE DEMOCRAT MACHINE.
  

• THE POLITICIANS ARE THE ONES WHO ACTUALLY ARE GAMBLING AWAY OUR MONEY.

• THE POLITICIANS WERE REPEATEDLY WARNED THAT FANNIE MAE AND FREDDIE MAC WERE IN TROUBLE AND THEY BLOCKED REFORM - AS THEY SWORE THERE WOULD BE NO BAILOUT IF THEY DID FAIL.

• AND BECAUSE THE POLITICIANS WHO RUN THE GOVERNMENT CHANGED THE ACCOUNTING RULES A FEW YEARS EARLIER, (AND DEMANDED THE BANKS USE NEW MARK-TO-MARKET RULES), IT MADE THINGS WORSE.

THE REAL CURE FOR OUR ECONOMIC PROBLEMS ARE SIMPLE:

1. CUT SPENDING.
2. CUT TAXES.
3. CUT GOVERNMENT PENSIONS AND BENEFITS.
4. AND INCREASE THE AGE OF RETIREMENT FOR SOCIAL SECURITY.

IT'S THAT SIMPLE.

LEADERS WITH MORALS AND SCRUPLES AND BALLS GET IT DONE.

LEADERS LIKE REAGAN.

AND GEORGE W. BUSH.

AND CHRIS CHRISTIE.

AND JAN BREWER.