KMAN is the new paperboy. The New York Post is about as reputable as the Weekly World News.
But when it says what you want does it need to be reputable?
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KMAN is the new paperboy. The New York Post is about as reputable as the Weekly World News.
Because, of course, the banks were forced to lend money to people who couldn't pay.
.But let's see if I have this straight...based on the premise of your thread title, there's panic at the thought of obama being president... but people are flocking to obama because the economy is in the tank...
You do understand that that is true? Banks were required to do so.
You do understand that that is true? Banks were required to do so.
No, it's the 40% of tax filers who don't pay any Federal Taxes and who Obama promises to send a check to who are flocking to him.
That and young people who've never earned money.
After that all he needs is another 11% of bleeding heart, guilty liberals.
Tell me Jillian, what are we going to do when we've increased taxes on the "rich" but still can't afford the trillion dollars in spending Obama has promised? As a student of history you should know it's always the middle class that gets soaked. Welcome to your Brave New World. I absolutely guarantee you that if Obama is elected you will have less of your paycheck in 4 years then you do now.
David,
Let's not rehash this. I agree that the Gramm bill was not good but without the Community Reinvestment Act I don't think we'd find ourselves in this situation and I don't think the Gramm bill would have caused any problem. Just my opinion.
I think you'll agree it'll be along time before anyone gets a subprime loan again or that people get approved for home loans who don't meet basic credit requirements including a normal down payment.
Enough said. Excuse me if I don't debate this one with you further.
So, according to you, poor people shouldn't get loans.
Fibbie...fibbie... there ya go again, you betcha.... the law required them not to redline. It did not require them to be irresponsible
More lies and intellectual masturbation. Wanna know how I know? Because it's the red states that get the money that I, and the rest of my brothers and sisters in the blue states, pay in taxes. Put that in your paper and print it.
Which is why every judge, attorney, accountant and member of academia whom I know is voting for him. right? None of us earn a pay check?
Oh yeah... and my in-laws (old folk in florida....) who would probably have voted McCain except for him picking Palin...
Oh yeah... and the people I know who have employer-based health coverage and know that McCain's policies are giong to force them into the market where they will have to pay twice as much...
And people I know who KNOW they've been stuck by the GOP for the last 8 years and McCain has all of the same failed policies as Baby Bush.
I don't have a guilty bone in my body. My people were in Belarus during slavery. And I supported Hillary... you had your chance at my vote when she lost.... same as I would have voted for him in 2000. And then McCain got on his knees and genuflected to Hagee and Parsley. Oops... there went *my* vote.
You did badly under Bill Clinton? I didn't. My family didn't.... We're not talking about anything more than that.
Besides, someone's got to pay the bill you guys ran up and clean up the mess you left. Someone's got to pa the credit card bill.
Now tell me again how I'm giving you the party line.
So, according to you, poor people shouldn't get loans. Should they be given healthcare? Jobs? Why don't we just declare this country an oligarchy?
without the Community Reinvestment Act I don't think we'd find ourselves
Jillian,
I'm afraid I have to add you to my ignore list, not because you are nasty, you're not (most of the time) but your thinking is so full of illogic I don't want to waste further time attempting to convince you of the errors in your thinking. You seem like a nice person but you exhaust me with your obtuseness and I simply don't want to bother with you further.
While the polls are reflecting Obama's steady hand, the markets haven't. In fact, they're getting worse by the day as Obama's lead widens. Most investors know the devil is in the details - and the details of Obama's economic plans are anything but reassuring.
Full story here
So, according to you, poor people shouldn't get loans. Should they be given healthcare? Jobs? Why don't we just declare this country an oligarchy?
No one should be given a loan that it is beyond their ability to pay. But that isn't what the law required, notwithstanding the misrepresentations of the loonies.
But then again, I don't think my government should live on a credit card either. Apparently that doesn't trouble them, though.
And don't tell him that Greenspan said he was "surprised" that the banks didn't do appropriate risk assessment. It'll confuse him.
Read: I've kicked your ass repeatedly and you have no answers.
Thanks for playing, propaganda boy.
And pssssst... I don't think you can put a mod on ignore.
Total bullshit talking point papertoy. The crash is related to the sub prime lenders doing their thing not the CRA, but gives a shit about facts.
Look at the data. It isn't loans to minorities that are the majority of defaulted loans.
Get a life or a real paper route.