Bloomberg to Protesters: Congress, Not Banks, to Blame for Mortgage Crisis Read more

[PoliticalChic]

You have nothing of worth to offer, PC. It is what it is.

I hope your blog paymasters pay you up front.

Here, some insight free of charge:
What you say is one of two possible responses when your opponent's post is unassailable...as was true in this case.

The second possibility was silence.
You chose the wrong one.

you just described yourself, little lost one.

Did you actually just post 'so are you'???

Just ten more points on your I.Q., and you could have gotten a job as a seeing-eye person for a blind dog.

 

[Uncensored2008]

You have nothing of worth to offer, PC. It is what it is.

I hope your blog paymasters pay you up front.

Don't be such an idiot, Jake. Chickie has made stellar posts in this thread, top notch.

Why not pull your head out of your ass and actually read them?

 

[PoliticalChic]

You have nothing of worth to offer, PC. It is what it is.

I hope your blog paymasters pay you up front.

Don't be such an idiot, Jake. Chickie has made stellar posts in this thread, top notch.

Why not pull your head out of your ass and actually read them?

That's my Jakey!


And thank you for the kind words, Uncensored!

 

[PLYMCO_PILGRIM]

"It was not the banks that created the mortgage crisis. It was, plain and simple, Congress

Read more: Bloomberg To Protesters: Congress, Not Banks, To Blame For Mortgage Crisis | Fox News

Simple chronology for ALL you who still don't get it!!!

A) 1995 Obama/ACORN threaten Citibank occupy offices for 3 days to force subprime loans to unqualified people!
B) Banks FORCED to make bad loans confronted by FDIC regarding toxic loans forced BANKS to go to Fannie /Freddie Backed by Full faith and credit of Federal govt.!
C) Fannie/Freddie protected by Democrat Congress/Frank/Dodd package loans and resell to investors who BUY because investors know:
Fannie Mae and Freddie Mac have an ``effective'' federal guarantee, not the
"full faith and credit'' of the U.S. government, Federal Housing Finance Agency Director James Lockhart said after the hearing. That does give them effectively a guarantee of the U.S. government.''
Lockhart's Fannie, Freddie Guarantee Remarks Stir Up Confusion - Bloomberg
So the bubble burst WHEN and again evidently MOST of you don't know this:
Economic Terrorist Attack of 9/18/2008 happened!!!

"By 2pm that afternoon, $5.5 trillion would have been drawn out of the
money market system of the U.S., would have collapsed the entire
economy of the U.S., and within 24 hours the world economy would have
collapsed. It would have been the end of our economic system and our
political system as we know it."
Zero Hedge: How The World Almost Came To An End At 2PM On September 18

Who passed the equal lending act and encouraged banks to give out risky loans by changing the regulations surrounding loans.....the govt

Who passed laws allowing the same banks to bundle those loans into mortgage backed securities and sell them.....the govt

Who bailed out those banks when their "chickens came home to roost"......the taxpayer technically but the govt did it and we couldn't stop them.

 

[JakeStarkey]

PC continues to defend the indefensible after her yammering blows up. Carry on, PC.

 

[PLYMCO_PILGRIM]

SNIP

You waste so much space to say nothing of worth.

If you are getting paid to do this, your employer is getting ripped off.

She actually posted some legit information, is that your problem?

 

[Claudette]

SNIP

You waste so much space to say nothing of worth.

If you are getting paid to do this, your employer is getting ripped off.

She actually posted some legit information, is that your problem?

It sure is.

Jakey doesn't like anything that doesn't agree with his take on things.

Won't make any difference how true it is. If it doesn't say what he believes it a lie.

He also doesn't seem to understand that the banks can't do anything unless DC paves the way for em.

DC is where the laws, regs and oversite is.

Apparantly oversite was on VK .

 

[PoliticalChic]

PC continues to defend the indefensible after her yammering blows up. Carry on, PC.

Now, Jakey...it's as clear as that point on your head that all you desire is someone, anyone, to pay attention to you....

OK....(pat on head), feel better.

But I can save you a great deal of time in your posts….whatever anyone posts, just type “Oh, yeah…That’s what you think!” Covers just about all of your posts.

OK....back in the corner. Put your tongue back in your mouth.

 

[Uncensored2008]

It sure is.

Jakey doesn't like anything that doesn't agree with his take on things.

Fakey Jake's "take on things' is whatever is posted at DailyKOS.

Won't make any difference how true it is. If it doesn't say what he believes it a lie.

He also doesn't seem to understand that the banks can't do anything unless DC paves the way for em.

DC is where the laws, regs and oversite is.

Apparantly oversite was on VK .

Jake is a DNC drone, there are no cognitive processes at work.

 

[Ame®icano]

I posted this yesterday on the another topic U.S. Is Set to Sue a Dozen Big Banks Over Mortgages

At President Clinton's direction, no fewer than 10 federal agencies issued a chilling ultimatum to banks and mortgage lenders to ease credit for lower-income minorities or face investigations for lending discrimination and suffer the related adverse publicity. They also were threatened with denial of access to the all-important secondary mortgage market and stiff fines, along with other penalties.

Smoking-Gun Document Ties Policy To Housing Crisis

 

[PoliticalChic]

http://www.yahoo.com/w/news_america..._host_hdr=news.yahoo.com&.intl=us&.lang=en-us

NBC New York : Poll: More NY Voters Support Occupy Wall Street

The first link doesn't work, the second is a blog of some hate filled leftist ranting about the Tea Party.

{44% of New York State voters describe themselves as OWS supporters}

Poll: NY Voters Like Occupy Wall Street, But Believe Tea Party Will Be More Influential In 2012 | New York Daily News


You don't know what plurality means, do you?

It really irks you that OWS is more popular that the Tea Party doesn't it?

More Americans supporting Occupy Wall Street

TIME Poll: Occupy Wall Street Is More Popular Than The Tea Party

"With polls on the East Coast just a few hours from closing, and the historic 2010 midterm elections winding down as the voters make their choices, the impact of the Tea Party cannot be overlooked.

Even if none of its supported candidates claim victory today (a prospect that seems increasingly unlikely as the momentum that gave birth to the Tea Party movement reaches a crescendo), the Tea Party has proven to be one of the most influential movements in American political history."
How the Tea Party Shaped the 2010 Midterm Elections

 

[JakeStarkey]

It sure is.

Jakey doesn't like anything that doesn't agree with his take on things.

Fakey Jake's "take on things' is whatever is posted at DailyKOS.

Won't make any difference how true it is. If it doesn't say what he believes it a lie.

He also doesn't seem to understand that the banks can't do anything unless DC paves the way for em.

DC is where the laws, regs and oversite is.

Apparantly oversite was on VK .

Jake is a DNC drone, there are no cognitive processes at work.

Jake is a solid Republican who thinks for himself, is not bothered by droidism of the Hard Right, and has no difficulty in pointing out the far righties' sillinesses.

 

[PoliticalChic]

It sure is.

Jakey doesn't like anything that doesn't agree with his take on things.

Fakey Jake's "take on things' is whatever is posted at DailyKOS.

Won't make any difference how true it is. If it doesn't say what he believes it a lie.

He also doesn't seem to understand that the banks can't do anything unless DC paves the way for em.

DC is where the laws, regs and oversite is.

Apparantly oversite was on VK .

Jake is a DNC drone, there are no cognitive processes at work.

Jake is a solid Republican who thinks for himself, is not bothered by droidism of the Hard Right, and has no difficulty in pointing out the far righties' sillinesses.

The only thing solid about Jake is......
...you know what I'm going to say, don't you.


Jake, I don’t dislike you personally…it’s just that I’m a member of the Partnership For An Idiot Free America, so you’re on my list.

 

[JakeStarkey]

PC, all you can is what your paymasters at weird right blog central tell you to say.

I like you just fine; it is just that you can't turn a turd (your style of political beliefs) into a pear (Americanism).

But I enjoy watching your arguments twist and turn in the wind.

For a journalist from Columbia College, Missouri, you do better than average.

 

[Uncensored2008]

Jake is a solid Republican who thinks for himself,

Jake is almost as solid of a Republican as Barney Frank and Joe Biden.

is not bothered by droidism of the Hard Right, and has no difficulty in pointing out the far righties' sillinesses.

Fakey Jake fools no one, but is too dense to grasp the fact.

I'd say you're as dumb as a bag of hammers, but Jillian has that wrapped up...

 

[JakeStarkey]

Uncensored is merely a hard right fascist so wanting to be accepted as a Republican so he can continue to undermine the party.

 

[Chris]

Wall Street ran a $516 trillion dollar derivatives Ponzi scheme that destroyed the world economy.

It wasn't Congress.

A £516 trillion derivatives ‘time-bomb’
Not for nothing did US billionaire Warren Buffett call them the real ‘weapons of mass destruction’


By Margareta Pagano and Simon Evans
12 October 12 2008

The market is worth more than $516 trillion, (£303 trillion), roughly 10 times the value of the entire world’s output: it’s been called the “ticking time-bomb”.

It’s a market in which the lead protagonists – typically aggressive, highly educated, and now wealthy young men – have flourished in the derivatives boom. But it’s a market that is set to come to a crashing halt – the Great Unwind has begun.

Last week the beginning of the end started for many hedge funds with the combination of diving market values and worried investors pulling out their cash for safer climes.

Some of the world’s biggest hedge funds – SAC Capital, Lone Pine and Tiger Global – all revealed they were sitting on double-digit losses this year. September’s falls wiped out any profits made in the rest of the year. Polygon, once a darling of the London hedge fund circuit, last week said it was capping the basic salaries of its managers to £100,000 each. Not bad for the average punter but some way off the tens of millions plundered by these hotshots during the good times. But few will be shedding any tears.

The complex and opaque derivatives markets in which these hedge funds played has been dubbed the world’s biggest black hole because they operate outside of the grasp of governments, tax inspectors and regulators. They operate in a parallel, shadow world to the rest of the banking system. They are private contracts between two companies or institutions which can’t be controlled or properly assessed. In themselves derivative contracts are not dangerous, but if one of them should go wrong – the bad 2 per cent as it’s been called – then it is the domino effect which could be so enormous and scary.

A £516 trillion derivatives ‘time-bomb’ « Did You Know

 

[PoliticalChic]

PC, all you can is what your paymasters at weird right blog central tell you to say.

I like you just fine; it is just that you can't turn a turd (your style of political beliefs) into a pear (Americanism).

But I enjoy watching your arguments twist and turn in the wind.

For a journalist from Columbia College, Missouri, you do better than average.

No better indication of your accuracy....

...now for one of your fav songs:



[ame=http://www.youtube.com/watch?v=gVsXseZJPg0]Columbia University Fight Song: Roar, Lion, Roar! - YouTube[/ame]

 

[JakeStarkey]

Why do you say that you are from the real Colubmia, PC? We all know you are from Missouri.

 

[The Infidel]

hmmm... forgot the american dream act of 2003 where republicans were taking taxpayer money and giving it to people with bad credit for loans on houses......

not to mention the bush admin leaning on feddie and fannie to increase minority home ownership at any cost........

the crash started when arms started kicking in and people could no longer afford their mortgages......


funny how freddie and fannie are blamed on frank and dodd during a republican controlled congress and dems could not even hold meetings during "the hammer" years.......

a republican congress....

a republican presidency......

and who do republicans blame? dems.......

[ame=http://www.youtube.com/watch?v=LPSDnGMzIdo&feature=youtube_gdata_player]Democrats were WARNED of Financial crisis and did NOTHING - YouTube[/ame]

2003 (the year of your clip)


108th United States Congress - Wikipedia, the free encyclopedia
108th congress:

Senate President: Dick Cheney (R)
Senate Pres. pro tem: Ted Stevens (R)
House Speaker: Dennis Hastert (R)
Members: 100 Senators
435 Representatives
5 Non-voting members
Senate Majority: Republican Party
House Majority: Republican Party


the same year where a republican sponosored bill with 9 republican consponsores signed by a republican president that gave taxpayer money to people with bad credit for down payments on houses they could not afford.........


like i said, a republican controlled congress where dems were not even allowed to hold meeting to even consider introducing a bill to committee.......


and who do repubs blame? dems........

Yep.... if the Repubix had of done what they should have you idiots would have demonized them like you are doing with this fake "jobs bill" bullshit.

The Repubix are as much to blame as the Dems are.

They should have said tough shit.... if you dont own a home, its most likely b/c YOU CANT AFFORD IT!

Thats why we are'nt settling for a candidate that wants to compromise with the left.... Hence the support for Herman Cain.