New Study Finds Democrats Fully to Blame for Subprime Mortgage Crisis

Discussion in 'Politics' started by longknife, Dec 23, 2012.

  1. longknife
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    longknife Gold Member

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    by Jim Hoft at Human Events blogs posts this absolutely shocking item:

    [​IMG]
    In his early activist days, Barack Obama the community organizer sued banks to ease lending practices.

    Read more @ New Study Finds Democrats Fully to Blame for Subprime Mortgage Crisis | Conservative News, Views & Books

    :omg:
     
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  2. SniperFire
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    SniperFire Senior Member

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    Where my Obama money at?
     
  3. Seawytch
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    Seawytch Information isnt Advocacy

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  4. Old Rocks
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    Old Rocks Gold Member

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    LOL. The truth is well known to most American Voters. That is why our President was re-elected. We know who created the economic debacle of 2008. And it was not the Dems.

    But by going back and trying to re-write history, the GOP is once again demonstrating the basic dishonesty that their now extremist positions have forced them into. And the voters in our nation recognized that extremism for what it is.
     
  5. longknife
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    longknife Gold Member

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    Please be explicit about where this piece is in error. :confused:
     
  6. Seawytch
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    Seawytch Information isnt Advocacy

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    It already was in the other thread on the topic. Read...http://www.usmessageboard.com/polit...nfirms-democrats-crashed-the-economy-duh.html
     
  7. NYcarbineer
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    NYcarbineer Gold Member

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    This tale has made its way onto that long list of rightwing myths that will never die.
     
  8. Big Black Dog
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    Big Black Dog Everybody's favorite doggie. Supporting Member

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    You are misinformed. It was Bush's fault.
     
  9. mudwhistle
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    mudwhistle Gold Member

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  10. Freewill
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    Freewill Gold Member

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    No one is doubting the effectiveness of the left wing propaganda. I would guess that the majority of Obama voters have absolutely no idea what happened with the subprime leanding. I have talked to many liberals and am disappointed with their ability to either ignore the facts or keep themselves completely ignorant of the facts. I believe that they keep themselves ignorant because that is more self-serving.

    So be it with the economy. The economy started it crash after the democrats took both houses. They could have done, and did, almost anything they wanted. They had a full year of filbuster proof majority with control of all three branches, yet here we are and the left blames anyone other then their own self.

    5 trillion dollars of debt put on our grandchildren and most Obama supporters would either say, who cares or it is a lie. 6 trillion now and counting and what did we get? An 8 percent unemployment rate and a stock market that is pretty much flat lined. Pretty damn expensive medocricy.

    The housing bubble was all democrats. They were warned but they put ideology ahead of practicality. Sure their intent sounded good, to put people into houses but the practicality of putting a person in a house they could never afford in the first place apparently never struck home.

    The White House Warned Congress About Fannie Mae Freddie Mac 17 Times In 2008, Alone

    The White House Warned Congress About Fannie Mae Freddie Mac 17 Times In 2008, Alone « Nice Deb

    Now, listen to his own words Barney saying that there were no problems:

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

    Democrats were WARNED of Financial crisis and did NOTHING
     
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