TINFOIL HAT ALERT – Now Conspiracy Theorists CLAIM OBAMA CAUSED 2008 MELTDOWN

[Segami]

Now, the newest conspiracy, straight from right-wing tabloid The Daily Caller, is that the whole financial crisis is rooted not in credit default swaps, derivatives, over-extension of credit, or in massive de-regulations, but instead it is all to blame on Barack Obama.

The key to their claim, of course, is their assertion that Obama, fresh out of law school, was the lead attorney for the Buycks-Roberson v. Citibank discrimination case, where the court ruled that Citibank had been discriminatory in its lending practices. Where did they get that idea? Well, because his name was at the top of the list of attorney’s. The Daily Caller of course failed to check with a court to discover that attorneys were listed alphabetically by first name, and B comes before the first names of the other attorneys, Fay, Jeffery, John, Judson and Sara. The court documents list Fay Clayton as the lead attorney, with it clearly marked on all pages, “ATTORNEY TO BE CONTACTED” under her name. No such indication exists under Barack Obama on any court documents.

Obama is not even listed as ever having appeared in court, nor is he listed as part of the original complaint. He was brought in to handle paperwork for the main attorneys, typical work for someone fresh out of law school. In total, Obama worked 138 hours on the case according to records, a month of work for the multi-year case.

Obama’s lawsuit was one element of a national “anti-redlining” campaign led by Chicago’s progressive groups, who argued that banks unfairly refused to lend money to people living within so-called “redlines” around African-American communities. The campaign was powered by progressives’ moral claim that their expertise could boost home ownership among the United States’ most disadvantaged minority, African-Americans. [RELATED: Obama's African-American clients got coupons, not cash]

Progressive activists’ ambition instead contributed greatly to a housing bubble that burst in 2007, crashed the nation’s economy in 2008, wiped out at least $4 trillion in equity, kept unemployment above 8 percent for four years, and damaged the intended beneficiaries of looser mortgage lending standards.

In the White House, Obama has continued to intensify regulatory pressure on banks to provide more risky loans to African-Americans and Latinos. He has used lawsuits to fund his allies. And taxpayers are now unwittingly contributing to a re-inflation of housing prices.

Meanwhile, the president has blamed the housing bubble on supposed GOP deregulation, even though President George W. Bush expanded the regulation-expanding, anti-redlining policies established by progressives during Bill Clinton’s presidency.

“Governor Romney’s plan would… roll back regulations on big banks,” Obama says of his Republican challenger Mitt Romney in a 2012 TV ad titled “The Choice.”

“But you know what? We tried that top-down approach. It’s what caused the mess in the first place.”



http://dailycaller.com/2012/09/03/with-landmark-lawsuit-barack-obama-pushed-banks-to-give-subprime-loans-to-chicagos-african-americans/?print=1

cont'

http://www.addictinginfo.org/2012/09/09/tinfoil-hat-alert-now-conspiracy-theorists-claim-obama-caused-2008-meltdown/


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[alcibiades_mystery]

1. Quiet, dammit, they're finding out the TRUTH!

First, the Kenyan Obama senior had a baby boy sleeper agent, and deftly forged his birth documents in Hawaii and filed a birth notice in local Hawaii newspapers. Then, later, the Marxist sleeper agent Hussein Obama produced a legal case that would lead to the housing collapse, thereby assuring his ascension to the Presidency, whereby he would destroy America! Of course you and I know this, as it is the legend recited before each of our secret meetings, but for Allah's sake, they're on to us. You must ignore and silence their discovery of the TRUTH, lest it foil our plans...forever!

[Segami]

3. "...All but impossible to reason with them.."

".....It’s not whatever the individual conspiracy might be that’s the issue. The problem is that those who stumble into conspiracy advocacy have a certain style of thinking which is deeply different than the rest of us. This approach makes it so it’s all but impossible to reason with them...."

1- Conspiracist Crackpots do not have a measured view of human nature and human ability. They are unable to realize that human beings are not capable of keeping the secrets and pulling the massive cons required of conspiracy narratives.

2- Conspiracist Crackpots do not understand Ockham’s Razor, one of the key principles of logical thought. Even if you explain it to them they’ll just say, “Aha! You contradict yourself. It says right there that the simplest explanation is only usually the correct one.” You pointing out Ockham’s Razor to them is probably the first time they have ever heard of the concept.

3- Conspiracist Crackpots tend to be obsessed with Nazism to one degree or another. The Crackpots see the horrors of Nazism as somehow evidence that grand conspiracies happen. “If a government murdering its people happened in Germany in the ’30s it can happen anywhere right now!”

4- Conspiracist Crackpots are oblivious to the fact that their conspiracy of choice tends to relate directly to their political views. Not only that but their embrace of the conspiracy actually flows out of their political ideology. Every single Birther is opposed to Barack Obama on policy grounds. Truthers who think 9/11 was an “inside job” done by the government are almost always politically opposed to the government. Leftist Truthers hate America and Right-wing Truthers hate the federal government. Holocaust deniers hate Jews. Afrocentric leftists who think the government engineered AIDS and crack also think America is fundamentally racist. You can do this with virtually every conspiracy.

5- Crackpot conspiracists are unqualified amateurs who rarely have any expertise to analyze the events they’re talking about. Yet they have the audacity to come to conclusions that run counter to the majority of trained experts.

6- Crackpot conspiracists do not understand that extraordinary claims require extraordinary evidence. A youtube video proves nothing. What kind of mind actually gets changed as a result of some video on the internet?

7- Crackpot conspiracists do not dialogue. There’s no reason for it. They have the Truth and are there to preach, they’re not “questioning” or “chasing truths.” They’ve already found the answers. They are in no way “open minded.” Hence they won’t really answer your questions. They’ll just change the subject.

8- Crackpot conspiracists usually believe in more than one conspiracy. It’s no coincidence that perennial third-party candidate Ed Noonan, who showed up on one of the threads, is both a proud Birther and Truther.

9-Crackpot conspiracists are not able to see ambiguity or complexity. In my dialogue with the Truther he said multiple times that I had the fallacy of believing that there weren’t any conspiracies. I never said that. Conspiracies do in fact happen. 9/11 was indeed a conspiracy. Al Qaeda conspired in secret to attack America and they did it. Rational people understand the difference, though, between rationally acknowledging small, individual conspiracies and irrationally seeing grand conspiracies that are unsupported by adequate evidence.



http://www.newsrealblog.com/2009/10/17/the-final-word-on-the-crackpot-conspiracist-mindset/

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[Qutzupalotl]

10. "Leftist Truthers hate America"

Nice blog you found there.

[lonestarnot]

4. Could someone lend them an invisible cloak?

[jberryhill]

7. Well, he did make us lose the war in Vietnam

Nobody suspected a five year old operating out of a base in Indonesia would have been coordinating the efforts of the Viet Cong, which is why it was the perfect cover.

[dimbear]

2. Thanx for the heads up. The more we know the better off we are.

[lob1]

5. I've figured out who's coming up with these crazy conspiracy theories.

The republican leaders are actually mindmelded with the Grumps, a lizard race from Fuckerup, the true rulers of the earth. Their intention is to cause chaos and misinformation to dumb down the population. The reason? Obvious. Stupid people taste better.

I know this to be true because my chameleon told me so. I think it was my chameleon, but I couldn't actually see him.

[Warren DeMontague]

6. Dick Morris's brain-eating toe fungus strikes again!

[chknltl]

8. I have no doubt that Alex Jones was all over this last month!

Speaking of which, I heard one of Jones' minions, a known Ron Paul supporter was spreading Kenyan sand on a certain grassy knoll in Dallas. These guys have imaginations, i'll give em that!

[Raine]

9. All powerful Obama and Bush & repukes just sat there, IMO doesn't say much for them. nt

[Scuba]

11. Back in summer of '08, my neighbor told me "Congress is trying to pass a law that says Americans ...

... have to take care of all the poor people in the world. Obama wrote it."

"Did you hear that on Fox News?" I asked.

"Yes", he replied proudly.

We don't talk much anymore.




(note: this is verbatim as somehow this conversation became etched in my brain.)

[Junkdrawer]

12. There was a big pulse of RW Conspiracy Theories prior to 9/11....

Helped to make sure no one would accept anything but the official explanation.

So a rise of RW Conspiracy Theories makes me a bit, nervous.