The current financial crisis is filling up the airwaves these days. I saw a talking head show interview a hedge fund operator. This individual asserted that Wall Street is responsible for what has happened because they lobbied Congress for all of the goofy rule changes that were done with Fannie Mae and Freddy Mac such as increasing leverage from 10 to 1 to 30 to 1, and giving no down payment, no documentatation loans to minorities, etc. So Wall Street deserves what has happened to them, in that guys opinion. This explains why Wall Street gives so much money to Democrats, and why they support Obama, and why they supported Kerry. Ironically, the Democrats can now blame the problem on George Bush and John McCain, the guys who tried to prevent the changes Wall Street wanted.

Now creeping socialism has overtaken us, as government is basically taking over all banking. And, the crisis ensures that the people who caused the crisis will take over the government. A communist supported by fascists is going to be elected President. Amazing. Obama's financial adviser, Austan Goolsby, seems to be saying that Obama will govern as a fascist rather than a communist, and that is probably true, at least in the first term. (Goolsby points out that Obama has to govern in a manner that will allow re-election.)

It is curious that this crisis is happening right before the election. I wonder if George Soros has anything to do with this?