Friday, July 28, 2017
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Chaldeans Want to Know Whose To Blame for the Economic Collapse
By Sam Yousif :: Monday, September 22, 2008 :: 27484 Views :: Article Rating :: Business & Finance, Government & Society

Michigan, USA - “Me and my wife work over seventy hours a week.  We make all our payments and when we can’t afford something we don’t buy it,” says Sam Kalesho.  “Our government is going crazy.  They are stealing from us all.  They want more taxes, charge us more for electricity, and killing America. Whoever’s fault this is should never be in politics again.”

Kalesho is surprised when a customer of his yells out, “Then get the Democrats out of office.”  Trevor Raddison, shopping at Lakeside Liquor blames the Democrats for the economic collapse.  “McCain himself tried to stop Fannie Mae and Freddie Mac in 2006.  He predicted this tragedy and the Democrats blocked him.  Democrats are bought and sold.  Fannie and Freddie paid millions to the Democrats to protect them while they were cooking the books.  They gave protection paybacks to Obama, Biden, Clinton, and Dodd.  They act like they are for the working man, but they aren’t.  To them it is all a front.  Immigration, not allowing us to drill in America, not allowing people the right to work, Democrats are crooks.  I burnt my democrat card a long time ago.”

Raddison is right that McCain was a leading proponent of the corruption in Fannie Mae and Freedie Mac, that have caused the economic stumble of America.   Congressional record shows that back in 2006 McCain hammers them for falsification of financial records. Ironically the leaders of the corrupt companies, including Franklin Raines and Jim Johnson, both worked as advisers to Barack Obama. 

McCain noted the power of their lobbying efforts to get Democrats to block oversight over their business practices.  The oversight was desperately needed to protect Americans from an economic tragedy.  He finishes with the warning that panned out and proved McCain’s judgment was correct. 



Some news stations are revealing the cause of the economic turmoil while, others have chosen to ignore the root cause of the meltdown.

However, how does all this affect the Sam-average Chaldean trying to eek out a living in America? 

“Chaldeans will soon discover their dollar does not buy as much as it used to,” says Ashley Dabbish, finance major at Walsh College.  “Chaldeans will have less business because customers won’t have as much money and price of everyday items will skyrocket, business expenses will also go up.  We are seeing this now in Michigan, as governor Granholm gets ready to increase everyone’s electric bill.  If Chaldeans aren’t saving they better.”

Dabbish was asked who is to blame for the crisis and she responds, “I used to be a Democrat, but I don’t think I will be voting for them at all this election year.  They really have messed things up.”