Friday, October 3, 2008

So, Come On America!

Come on America! What took place this week in the aorta of the nation was a bypass of the people’s rights. We are told that it is not so much the bad judgment on the part of families who were used to enrich the culture of death. We have learned of our failure to be our brothers’ keepers and of those who fell too deeply in love with green god of America.

Democracy and Capitalism are systems that work, as most other ideals for civil society work, from a certain point of view. It is not enough to love democracy and gain. A nation like America requires a small government that makes sure it protects the people who chose them to rule. It is understood that making money is a matter of trust and honesty and the nation’s acceptance that it is a safe land to work hard in, to plan one’s family’s future in this blessed land and to be reasonably prepared for one’s death. That is how we can entrust trillions of dollars into the hands that have promised to make our future a win/win situation for all concerned. Then we find that the money changers and the Federal government were in collusion all along, duping the American people. It is this sort of character and event that leads to a crash and underlines the biblical truth that pride always arrives before a fall. A loss of national confidence then plunged us headlong into a total loss of allegiance to that place that had lost its right to continue to call itself free.

Capitalism is no better than any other “ism” without honesty and the possibility of policing ourselves without Federal intervention. Now, this nation’s leaders believe in some type of living constitution that they can manipulate at will. It fits the times, they say, but such anarchist views, which are spewed primarily by Democrats, and by too many Republicans, have the ability to have already ripped the immutable original document into shreds. America needs to renew its commitment to honesty and responsibility, lest we cease to be.

Scarcely anyone denies that right now, the nation will be crushed by our decades of debt that has only been propped up by more credit. It is evident that Babylon has fallen and perhaps everyone shall weep. It is not of great debate that now there is no choice but to prop up credit so it can continue to lull the people into a suicidal Neverland. Yet, has anyone even stopped to consider who might be to blame? It appears that they are still in place ready to take yet another great ride on the beast of Babylon.

One must certainly be able to see what is taking place in the still great nation, that what has taken place in this country over the past month is just too perfectly diabolical to be made up! Just think about it. It is the first time that the same people who led us into an abyss of despair were also trusted to lead us out of it, and they are not from just one party or another. For, it has come to a time when none from either party is willing to relinquish one ounce of their power. Indeed, they have only taken on powers that are actually disallowed in the precepts of the Constitution of the United States of America.

The constitution does not provide for the government to own anything in the nation that is supposed to rule itself. Now, with a country that seems to be incapable of ruling itself and which has become unwilling to defend itself, only happy with greed and at war with itself has seen our freedoms disappear with one stroke of a pen. The government has taken on to itself, rights and privileges that are missing in the words of the document which are intended restrict the power of rulers while holding a fractured nation together. This amounts to a coup de gens and is a well controlled, faultlessly enacted and thoroughly scripted from the beginning to the end of this travesty of trust.

One of these butchers of the constitution who has deceived us into trusting them I am talking about Congressman Barney Franks. He is the oddly looking, peculiar speaking and one of the main culprits who led into the credit crisis. Incredibly , he is also the one who we are told led us out of it, through this so-called “$810,000,000,000.00 Recovery Package.” He should be arrested for fraud, lying to the Congress and treated as a traitor to the American people. In 1999, it was he and the great one, Senator Christopher Dodd, both of whom pushed for and which was ultimately Former President Bill Clinton signed into law a bill to ease restrictions on the poor so that they could get homes that most of us have only dreamed of . Now, incredibly, these "leaders" can still show their selfish faces to the American people without shame, for they have forgotten how to express or feel such human emotions as guilt or remorse. They see it all as just another opportunity to cut off their own pound of flesh. They were heralded and lauded for writing a bill that does nothing but rob the nation and which has now effectively made the Government of the United States the owners and controllers of the nation’s financial, loan and banking systems.

How many of us realize that as a result of this law, the government now has the authority to control, not only the interest rates that are charged on mortgages, but this beast that now rules over us will also have the power to change a house's value, therein opening the door to a government that will eventually rule over us in medical care, surveillance, our money and your ability buy and sell.

Have we not become what we feared?

This country will only be saved by taking to task hose who sent this great people into utter financial darkness. Congressmen and women and senators, business men and women and all those taking our nation by the throat and the President of the United States should be held to account for their dealings and lack of care to ensure a safe, secure and sound future of America.

Below, you will find a letter from 1999 that describes where this whole affair started and reveals many points that can serve as examples of the emerging Culture of Death now gripping America.


Fannie Mae Eases Credit
September 30, 1999

To Aid Mortgage Lending


In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.

The action, which will begin as a pilot program involving 24 banks in 15 markets -- including the New York metropolitan region -- will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans. Fannie Mae officials say they hope to make it a nationwide program by next spring.

Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.

In addition, banks, thrift institutions and mortgage companies have been pressing Fannie Mae to help them make more loans to so-called subprime borrowers. These borrowers whose incomes, credit ratings and savings are not good enough to qualify for conventional loans, can only get loans from finance companies that charge much higher interest rates -- anywhere from three to four percentage points higher than conventional loans.

''Fannie Mae has expanded home ownership for millions of families in the 1990's by reducing down payment requirements,'' said Franklin D. Raines, Fannie Mae's chairman and chief executive officer. ''Yet there remain too many borrowers whose credit is just a notch below what our underwriting has required who have been relegated to paying significantly higher mortgage rates in the so-called subprime market.''

Demographic information on these borrowers is sketchy. But at least one study indicates that 18 percent of the loans in the subprime market went to black borrowers, compared to 5 per cent of loans in the conventional loan market.

In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980's.

''From the perspective of many people, including me, this is another thrift industry growing up around us,'' said Peter Wallison a resident fellow at the American Enterprise Institute. ''If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.''

Under Fannie Mae's pilot program, consumers who qualify can secure a mortgage with an interest rate one percentage point above that of a conventional, 30-year fixed rate mortgage of less than $240,000 -- a rate that currently averages about 7.76 per cent. If the borrower makes his or her monthly payments on time for two years, the one percentage point premium is dropped.

Fannie Mae, the nation's biggest underwriter of home mortgages, does not lend money directly to consumers. Instead, it purchases loans that banks make on what is called the secondary market. By expanding the type of loans that it will buy, Fannie Mae is hoping to spur banks to make more loans to people with less-than-stellar credit ratings.

Fannie Mae officials stress that the new mortgages will be extended to all potential borrowers who can qualify for a mortgage. But they add that the move is intended in part to increase the number of minority and low income home owners who tend to have worse credit ratings than non-Hispanic whites.

Home ownership has, in fact, exploded among minorities during the economic boom of the 1990's. The number of mortgages extended to Hispanic applicants jumped by 87.2 per cent from 1993 to 1998, according to Harvard University 's Joint Center for Housing Studies. During that same period the number of African Americans who got mortgages to buy a home increased by 71.9 per cent and the number of Asian Americans by 46.3 per cent.

In contrast, the number of non-Hispanic whites who received loans for homes increased by 31.2 per cent.

Despite these gains, home ownership rates for minorities continue to lag behind non-Hispanic whites, in part because blacks and Hispanics in particular tend to have on average worse credit ratings.

In July, the Department of Housing and Urban Development proposed that by the year 2001, 50 percent of Fannie Mae's and Freddie Mac's portfolio be made up of loans to low and moderate-income borrowers. Last year, 44 percent of the loans Fannie Mae purchased were from these groups.

The change in policy also comes at the same time that HUD is investigating allegations of racial discrimination in the automated underwriting systems used by Fannie Mae and Freddie Mac to determine the credit-worthiness of credit applicants.


So, come on America!

It is crystal clear that we are looming close to the edge of a moment that makes Jefferson’s words ring clear. For the actions that have been carried out against the people of America are those from which revolutions are born.

Author Steven Clark Bradley

Currently, Steven Clark Bradley is the author of four dramatic thrillers novel titled "Nimrod Rising!" "Probable Cause" "StillBorn!" and Patriot Acts, Steven speaks French and Turkish. He has been an assistant to a prosecutor, a University Instructor and a Freelance Jounalist. Steven attended Knox High School in Knox, Indiana and graduated in 1977. In that same year, he began his college studies in Theology and Human Awareness at Emmaus College in Dubuque, Iowa until 1980. Steven finished his degree at Bethel College, and earned his B.A. in Organizational Management of Human Resources. In 1985, while in France, Steven earned a Certificate of Fluency in the French Language at Cavilam Institute of the French Language in Vichy, France. Steven obtained a Masters Degree in Liberal Studies at Indiana University in 2001.

Steven worked a number of years in various countries in Europe, Asia, and Africa. He has been to 34 countries and has worked extensively with Kurdish refugees from Turkey, Iraq, and Syria. Steven also established a school by correspondence for African students in the African countries of The Gambia and Senegal West Africa. He is the founder of a Cultural Center for refugees in France, where he lived for six years. Speaking fluently in French and in Turkish, Steven has been in 34 countries. Before returning to the United States in 1995, Steven worked as an instructor of English and Business skills for four years at Bilkent University in Ankara, Turkey. He was responsible for the supervision of ten tourism instructors, and supervised the development of syllabi, course outlines, and the development of pertinent materials for Tourism and Business courses. Steven had the opportunity of assisting in the development of a Masters of Business Administration and Public Presentation skills course. Developing a specialized course in Business translation, Steven helped students seek a diploma in Translation and Linguistics. He also developed materials and taught a Specialized Writing course to deepen students abilities in communication for business and writing purposes. He was also involved in several World Bank courses, which were offered at the University as well.

Here are a few other sites where you can read more of Steven Clark Bradley's material:

Steven Clark Bradley's Stories That Read You! Steven Clark Bradley's Underground Controversy
Steven Clark bradley
Steven Clark Bradley - Published
Steven Clark Bradley at Blog Talk
Steven Clark bradley at
Steven Clark Bradley at Inspired
Steven Clark Bradley - Nimrod Rising
Author Steven Clark Bradley

All of Steven Clark Bradley's novels are widely available all over the net. Here are a few links to help you read these exciting stories now.

Patriot Acts @

1 comment:

Annette said...

This post explains a lot to me, someone who works hard and had to really really struggle to work my way up the food chain to get a mortgage by building my credit every step of the way so I could purchase a not so great house-and then bust my butt fixing it up to better quality. Yep, me, Miss Terminally Middle Income! I can be proud that I've worked as hard as I have to get where I am...a true worker toward my version of the American Dream. I wish someone would have handed me more but, didn't happen. Now, I'm reading your novel, Patriot Acts for the November WRDF Lost in a Good Book Book Club. I'd like you to contact me about it. Couldn't find a direct email to you.