How Social Justice Crashed the Economy
Michael Bargo, Jr. / American Thinker
Ever since FDR’s New Deal initiative, Democrats have gathered electoral support through the distribution of federal program dollars. They justify their spending by saying it is done to pursue “social justice” and “fairness.” The great political value of these concepts is that they are open-ended; they do not imply, nor do they allow, any limits.
While Republicans have struggled to convince voters that open-ended federal spending will eventually hurt working Americans and the poor, the mortgage crash of 2008 may provide such an opportunity. This is because the mortgage changes promoted by the standards of social justice and fairness had a clear beginning, middle, and implosive end.
But the Boston Federal Reserve did not recommend specific financial guidelines that should be used to qualify borrowers; no method of measuring fairness was suggested. Previously, banks required mortgage applicants to meet the traditional loan qualification standards known as the three Cs: credit, collateral, and capacity.
read more at American Thinker:
http://americanthinker.com/2014/03/how_social_justice_crashed_the_economy.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,814,936,355 |
| Stories: | 8,660,203 |
Whistler Blowers, Insiders
