What does it mean that the NAR won’t defend itself from the charge that it was the sine qua non cause of the Great Recession?
It was the NAR that lobbied for each law and rule change that resulted in the housing boom, the sub-prime lending catastrophe, the wanton bundling of fraudulent loans, the on-going subsidization of the secondary mortgage market, etc.
The villain behind all the villains in the collapse of the American economy is the National Association of Realtors.
So: Why doesn’t the brave National Association of Realtors — the largest, richest, most-powerful Rotarian Socialist corporate-welfare-tit-sucking political pressure group in the land — why won’t it stand up on its hind legs and defend itself?
For a first reason: Because it can’t. Better than any of us, the grand poohbah blood-sucking vampires of the NAR know beyond all room for doubt that it was their legislative initiatives that were the seeds, stems, stalks, branches, trees and forests that caused the housing boom, the housing bust and the Great Recession.
And for a second reason: Because they are actively plotting to do still more, still worse damage to the American economy. They will not stop sucking until they have sucked the body politic dry.
How do we know all of this true? Cum taces, clamas. When you say nothing, you shout.
They don’t defend themselves because they can’t. They know they are criminals. They pray, every sleepless night, that you do not know it.
In fact, the silence of your putative “leaders” does not prove me right. That would require an argument — an argument only I am happy to make. But the fact that the National Association of Realtors does not challenge my arguments is potent evidence that they themselves believe I am correct.
Are you waiting for the NAR to argue that someone else is responsible for the Great Recession — for the ruin of your own finances and for the devastation to be delivered to your children and grandchildren?
Don’t hold your breath. They know they’re at fault. And so do you.15 comments