It’s All Connected, Man

Peter Kirsanow channels Stanley Kurtz and explains how the Bill Ayers and Barack Obama are to blame for the economic crisis:

Obama and Ayers serve together on the Chicago Annenberg Challenge where they funnel tons of cash to finance ACORN —>

ACORN pressures banks (through, among other things,CRA-related complaints) to extend high risk mortgages to risky customers —>

ACORN also works with Democrats in Congress and others to pressure Fannie Mae and Freddie Mac to further loosen credit standards, spreading the contagion of high-risk credit practices to the broader financial markets —>

Subprime mess—credit markets emergency.

I have an alternative chart:

McCain campaigns for Bush’s election in 2000 & 2004 — >

Bush, as President, is responsible for trying to avoid catastrophic economic collapse — >

Catastrophic economic collapse — >

McCain proposes responding by continuing and intensifying Bush-style economic policies, plus additional free money for irresponsible lenders.

But who knows, maybe Bill Ayers has been a more powerful influence over the economy over the past eight years than George W. Bush.