Barack Obama pushed banks to give subprime loans to Chicago’s African-Americans Read

beretta304

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President Barack Obama was a pioneering contributor to the national subprime real estate bubble, and roughly half of the 186 African-American clients in his landmark 1995 mortgage discrimination lawsuit against Citibank have since gone bankrupt or received foreclosure notices.

As few as 19 of those 186 clients still own homes with clean credit ratings, following a decade in which Obama and other progressives pushed banks to provide mortgages to poor African Americans.

The startling failure rate among Obama’s private sector clients was discovered during The Daily Caller’s review of previously unpublished court information from the lawsuit that a young Obama helmed as the lead plaintiff’s attorney.



Read more: http://dailycaller.com/2012/09/03/w...-to-chicagos-african-americans/#ixzz25QmFxX1k
 
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Of course he did, so these people losing their homes because of it SHOULD THANK OBAMA
 
President Barack Obama was a pioneering contributor to the national subprime real estate bubble, and roughly half of the 186 African-American clients in his landmark 1995 mortgage discrimination lawsuit against Citibank have since gone bankrupt or received foreclosure notices.

As few as 19 of those 186 clients still own homes with clean credit ratings, following a decade in which Obama and other progressives pushed banks to provide mortgages to poor African Americans.

The startling failure rate among Obama’s private sector clients was discovered during The Daily Caller’s review of previously unpublished court information from the lawsuit that a young Obama helmed as the lead plaintiff’s attorney.



Read more: With landmark lawsuit, Barack Obama pushed banks to give subprime loans to Chicago’s African-Americans | The Daily Caller

This is funny.

Check this out:

Citigroup Settles FTC Charges Against the Associates Record-Setting $215 Million for Subprime Lending Victims

Citigroup was pushing the subprime mortgages as hard as they could back then. Partly to bilk customers.

This is another classic Daily Caller farce.
 
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President Barack Obama was a pioneering contributor to the national subprime real estate bubble, and roughly half of the 186 African-American clients in his landmark 1995 mortgage discrimination lawsuit against Citibank have since gone bankrupt or received foreclosure notices.

As few as 19 of those 186 clients still own homes with clean credit ratings, following a decade in which Obama and other progressives pushed banks to provide mortgages to poor African Americans.

The startling failure rate among Obama’s private sector clients was discovered during The Daily Caller’s review of previously unpublished court information from the lawsuit that a young Obama helmed as the lead plaintiff’s attorney.



Read more: With landmark lawsuit, Barack Obama pushed banks to give subprime loans to Chicago’s African-Americans | The Daily Caller

This is funny.

Check this out:

Citigroup Settles FTC Charges Against the Associates Record-Setting $215 Million for Subprime Lending Victims

Citigroup was pushing the subprime mortgages as hard as they could back then. Partly to bilk customers.

This is another classic Daily Caller farce.


There is nothing to indicate Obama was not involved. The only farce is you grasping at straws.
 
President Barack Obama was a pioneering contributor to the national subprime real estate bubble, and roughly half of the 186 African-American clients in his landmark 1995 mortgage discrimination lawsuit against Citibank have since gone bankrupt or received foreclosure notices.

As few as 19 of those 186 clients still own homes with clean credit ratings, following a decade in which Obama and other progressives pushed banks to provide mortgages to poor African Americans.

The startling failure rate among Obama’s private sector clients was discovered during The Daily Caller’s review of previously unpublished court information from the lawsuit that a young Obama helmed as the lead plaintiff’s attorney.



Read more: With landmark lawsuit, Barack Obama pushed banks to give subprime loans to Chicago’s African-Americans | The Daily Caller

This is funny.

Check this out:

Citigroup Settles FTC Charges Against the Associates Record-Setting $215 Million for Subprime Lending Victims

Citigroup was pushing the subprime mortgages as hard as they could back then. Partly to bilk customers.

This is another classic Daily Caller farce.


There is nothing to indicate Obama was not involved. The only farce is you grasping at straws.

Nobody's denying Obama wasn't involved. This is an OLD story that was passed around years ago via email spam -

and debunked in its claims by snopes:

snopes.com: Obama Required Banks to Lend Money to Poor People

Move along please. This is 2012.
 
Everything Obama does turns into a cluster fuck......:eusa_whistle:

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