THE REAL AMERICAN DREAM IS ALIVE AND WELL

THE REAL AMERICAN DREAM IS ALIVE AND WELL.

THE REAL DREAM IS TO OWN A HOME.

NOT TO BUY ONE AND FLIP IT, AND BUY ANOTHER AND FLIP IT.

TO OWN ONE.

TO RAISE YOUR KIDS IN IT.

TO DIE IN IT - AND MAYBE LEAVE TO YOUR KIDS.

NOT TO FLIP IT.

THE HOUSING BUBBLE WAS THE NIGHTMARE, NOT THE DREAM.

THE NIGHTMARE WAS CAUSED BY THE CRA AND FANNIE MAE AND THE IMPLICIT GOVERNMENT GUARANTEE THAT ALL FANNIE MAE PAPER HAD.

IT WAS THIS IMPLICIT GUARANTEE THAT WAS THE PRIMARY BASIS FOR WALL STREET'S INVOLVEMENT IN CREATING DERIVATIVES,

AND THIS CREATED FEEDBACK WHICH INCREASED BAD-LENDING PRACTICES BY FANNIE MAE,

AND TOGETHER THESE GSE'S AND WALL STREET - AND THE POLITICIANS THEY CONTROLLED, AND WHO LOOKED THE OTHER WAY - CAUSED THE BUBBLE.

THIS ONE WAS COMPLETELY AVOIDABLE:

AS EARLY AS 2003, GEORGE W. BUSH PROPOSED MORE GOVERNMENT OVERSIGHT OF FANNIE MAE AND FREDDIE MAC, BUT THE LIBERALS IN CONGRESS BLOCKED THEIR PROPOSALS AND SAID FANNIE AND FREDDIE WERE FINE - AND THAT BUSH WAS A RACIST FOR TRYING TO REIN THEM IN.

ALL BUBBLES BURST.

BUT THE DREAM LIVES ON.

THE BURSTING OF THE HOUSING BUBBLE WAS INEVITABLE - ALL BUBBLES BURST.

THIS HOUSING CRASH WAS BROUGHT ON BY THE OIL BUBBLE - WHICH ALSO BURST.

AND THE DERIVATIVES WALL STREET HAD INVENTED AND SOLD ALL OVER THE WORLD WERE SEEN TO BE WORTHLESS AND THIS BROUGHT THE GLOBAL FINANCIAL SYSTEM TO NEAR COLLAPSE.

WE ARE STILL STRUGGLING TO RECOVER FROM THESE TWIN CRISES: THE ENERGY BUBBLE AND THE HOUSING BUBBLE.

WE MUSTN'T LET THE LIBERALS BLAME THEM ON THE FREE MARKET:

THEY WERE CAUSED BY THE GSE'S AND BY WALL STREET FIRMS WHICH FEED OFF THEIR CLOSENESS TO POLITICIANS AND GOVERNMENT POWER.

WE MUSTN'T LET OBAMA AND HIS COMRADES BLAME BUSH AND THE FREE MARKET:

IT WAS THE LIBERAL POLICIES THAT OBAMA AND HIS COMRADES DEVELOPED AND PROTECTED THAT BROUGHT THIS CRISIS ON.

THE CURE IS NOT MORE GOVERNMENT AND MORE GSE'S AND MORE SWEETHEART DEALS FOR THE PALS OF POLITICIANS.

THE CURE IS LESS GOVERNMENT, SMALLER GOVERNMENT AND MORE LIMITED GOVERNMENT -

AND LESS POWERFUL POLITICIANS - UNABLE TO HELP THEIR CRONIES AND UNABLE TO INFECT US WITH THEIR MISGUIDED UTOPIANISTIC AND CORRUPT IDEOLOGY.

THE CURE IS LESS GOVERNMENT, SMALLER GOVERNMENT AND MORE LIMITED GOVERNMENT.

YOU MAY CALL ME A DREAMER FOR THINKING THIS IS STILL POSSIBLE.

MAYBE.

BUT THIS TOO IS PART OF THE AMERICAN DREAM:

A DREAM OUR FOUNDERS MADE REAL, AND THAT LIBERALS HAVE NEARLY DESTROYED -

BUT NOT YET.

THE DREAM LIVES ON.

WE CAN MAKE IT MORE REAL IN 2012.

VOTE CONSERVATIVE.