by Chuck Wolk

Benjamin Franklin is credited with defining insanity as the action of constantly doing the same thing over and over again yet expecting different results.  Well with that understanding, it is my opinion that both California and New York voters are suffering from an extreme case of insanity.  In California, Democrat Jerry Brown is holding a slight edge over Republican Meg Whitman 48% to 42%.  Now I do believe that both Whitman and Paladino can win, if Republicans vote with the same enthusiasm they had during the primaries.  However, if these numbers hold then it looks as if Jerry Brown will be the next governor of California. That, my friends, is insane, because Jerry Brown is the man who admittedly put California in debt by spending the surplus Ronald Reagan left.  California has never climbed out of that debt because of the insane voters who continue to re-elect the same liberal Democrats who think like Jerry Brown does.  So along with keeping both state houses under the Democrats' control, they could very well re-elect the worst governor ever to have held the office. THAT IS INSANE!

Meanwhile, over on America's coastline where the sun rises, New Yorkers are ready to do a similar thing by putting Andrew Cuomo in the governor's mansion.  So, like Californians, New Yorkers also suffer from insanity.  After all, it was Andrew's father Mario who screwed the state up so bad that a virtual unknown Republican candidate, George Pataki, defeated him in his bid for a fourth term.  Well, now Andrew is running for governor against Carl Paladino.  Unfortunately, it looks like New York will go the way of California by electing Andrew Cuomo as their next governor.  The latest Rasmussen poll has Cuomo Leading Paladino 51% to 37%.  This does not bode well for the Big Apple.  Even if you ignore the pathetic shape of New York that was left by his father when he lost to Pataki in 1994, Andrew himself has his own serious issues.  He is directly responsible for setting things up, along with Kirsten Gillibrand, Barney Frank, and Christopher Dodd, that destroyed the housing market, and thus sent America into an economic tailspin.  

As Bill Clinton's Secretary of Housing and Urban Development,Cuomo was the prime mover behind programs that destabilized Freddie Mac and Fannie Mae.  Barney Frank and Christopher Dodd were running these two lending institutions when George Bush tried to fix things.  Unfortunately for Americans, Frank and Dodd stood in Bush's way and so the corrupt institutions were allowed to continue down the path of ruin that Cuomo personally set in motion.  He is the one whose programs mandated that banks loan money to low-income and bad-credit rated home-buyers, who would be foreclosed and send the country into recession.
 

Along with Cuomo was his special counsel, the current senator from New York, Kirsten Gillibrand.  It was Gillibrand who played the key role of furthering Cuomo's Labor Initiative and New Markets initiative (sub-prime mortgages).  Gillibrand worked to strengthen the Davis-Bacon Act and drafted New Markets legislation for public and private investment in building infrastructure to revitalize lower income areas across the nation.  What this all led to was three to four million families who are now facing foreclosure on homes they never should have been given loans for in the first place.

However, you don't have to take my word about Cuomo's guilt.  Just watch him take credit for it in the video below.

Remember, Andrew Cuomo was the youngest Housing and Urban Development secretary in history.  He made a series of decisions between 1997 and 2001 that gave birth to the country's current crisis. He took actions that, in combination with many factors I stated above, helped to plunge Fannie and Freddie into the sub-prime markets without putting in place the means to monitor their increasingly risky investments.  President Bush wanted that monitoring, but the Democrats stopped him from putting it in place.

In reality, Cuomo turned the Federal Housing Administration mortgage program into a sweetheart lender with sky-high loan ceilings and no money-down requirements.  He knew that he was legalizing the very thing that a federal judge branded as "political kickbacks" to the brokers.  That helped fuel the sale of overpriced and unsupportable loans to unsuspecting Americans that had no credit, so they were forced to take adjustable-rate mortgages.  Then when the interest rates rose, so did their payments, and thus they could no longer afford the overpriced homes that Cuomo's friends in the lending industry trapped them into buying.  That is why three to four million families face foreclosure.  This is the man New Yorkers are primed to elect as their next governor, and that is just insane!

As I said in the beginning of this article, the voters of both California and New York are suffering from an extreme case of insanity.  Why else would they willingly put a couple of egg-sucking weasels in charge of the hen houses that already have a depleted supply of eggs?  Fortunately for America, the voters in the rest of the country are not nearly as insane, because a lot of Democrats are going to be swept away in the coming Teanami on November 2.  You will hear the MSM and pundits say that Nov. 2 was the climax of what has been brewing, but they would be wrong.  What began as a rant on the floor of the Chicago Mercantile by MSNBC reporter Rick Santelli is not climaxing on Nov. 2, it is just beginning. The MSM refuses to understand that the anger of the voters is not only directed at the Democrats in Congress, but also at Obama and his socialist policies.  I'm of the opinion that come November 6, 2012, Obama will feel the wrath of an even bigger Teanami that is just now beginning to brew.