The big bad basic lie of the deceitful Obama Campaign

OBAMA TODAY IN VIRGINIA:

I just want to point out that we tried their theory for almost 10 years, and here’s what it got us:  We got the slowest job growth in decades.  We got deficits as far as the eye can see.  Your incomes and your wages didn’t go up.  And it culminated in a crisis because there weren’t enough regulations on Wall Street and they could make reckless bets with other people’s money that resulted in this financial crisis, and you had to foot the bill.  So that’s where their theory turned out. 

THIS A BIG LIE.

OBAMA AND THE LEFT WANT YOU TO BELIEVE THAT DEREGULATION CAUSED THE CRASH.

AS IF GOP POLICIES AND BY EXTENSION MITT ROMNEY CAUSED A PHONY AND DOOMED GILDED AGE. HERE'S A RECENT COVER FROM THE SOCIALIST RAG "THE NATION":

THIS IS WHY THEY CHOSE THE SLOGAN "FORWARD". IT HIGHLIGHTS THE IDEA THAT VOTING GOP IS GOING BACKWARDS TO THE CRASH AND WHAT CAUSED IT.

THIS IS BULLS*IT. TOTAL EFFING DECEITFUL PROPAGANDA.

DEMOCRAT AND LIBERAL REGULATIONS AND NOT REPUBLICAN AND CONSERVATIVE DEREGULATION CAUSED THE CRASH.

THAT'S RIGHT.

WHAT INFLATED THE BUBBLE THAT LED TO THE CRASH WERE THE REGULATIONS ON THE BANKING INDUSTRY THAT FORCED THEM TO UNDERWRITE SUB-PRIME AND ALT-A LOANS AND THE REGULATIONS THAT PERMITTED FANNIE MAE TO BUNDLE THEM AND CREATE DERIVATIVES WITH THE IMPLIED GUARANTEE OF THE FEDERAL GOVERNMENT.

REGULATIONS - SOCIALIST REGULATIONS - CAUSED THE BUBBLE WHOSE BURSTING LED TO THE CRASH.

WITHOUT THOSE REGULATIONS AND THE MALFEASANCE AT FANNIE MAE (A WHOLLY OWNED SUBSIDIARY OF THE LIBERAL ESTABLISHMENT), THERE WOULD HAVE BEEN NO BUBBLE AND VERY VERY VERY FEW BAD LOANS ISSUED TO PEOPLE WHO REALLY DIDN'T DESERVE THEM - AND NO CRASH.

THE POLICIES OF OBAMA AND REID AND PELOSI AND DODD AND FRANK AND GEITHNER AND CARTER ARE RESPONSIBLE FOR THE BUBBLE AND CRASH, NOT GOP POLICIES.

VOTE ACCORDINGLY. VOTE ROMNEY.