Sunday, October 12, 2008

Barack Obama: A Sub-Prime Candidate

The most toxic of the sub-prime mortgages, the deals that tanked Fannie and Freddie, Lehman and Wachovia are called NINJAs. NINJA stands for "no income, no job or assets." NINJA mortgages became popular in the last 3 years, during the peak boil of the Barney Frank and Chris Dodd era of "affordable mortgages" for all.

We're now looking to vote for a presidential candidate about whom we know less than Lehman knew about those mortgages.

Large segments of Senator Obama's history are missing from public record. We have no idea how he did in school, his transcripts are cloaked in secrecy. Same for his SAT and LSAT scores. No medical records have been made available. We do not know with whom he collaborated on his best selling book. We have no idea whom he represented while practicing law, nor do we know how he financed his degrees. We know that he used pot and cocaine, but not how much or for how long, or with whom. His record as an Illinois state senator has been sealed. We cannot know whether he ran for office as a member of a socialist party or was merely endorsed by it.

We don't know why he associated with the thoroughly corrupt ACORN and Rezko, the flaming terrorists Ayers and Dohrn and the marxists Wright and Phleger. We can't learn why he supported them, nor why they support him.

All we know is that he is a good guy. That we know because he tells us so.

He is the NINJA candidate, his future performance as unknown as the mortgages at Lehman.

Gives you that warm fuzzy feeling, doesn't it, knowing that the worst may still be to come?

1 comment:

NotClauswitz said...

Thanks, I had to copy (and link) that. Amazing shroud of invisibility wrapped around Barack.