Pubs and US bankers, NOT the gay or the black, socialists or bums, ruined the world.

Learning opportunity boomp...

While many causes for the financial crisis have been suggested, with varying weight assigned by experts,[9] the United States Senate issuing the Levin–Coburn Report found "that the crisis was not a natural disaster, but the result of high risk, complex financial products; undisclosed conflicts of interest; and the failure of regulators, the credit rating agencies, and the market itself to rein in the excesses of Wall Street."[10]

Critics argued that credit rating agencies and investors failed to accurately price the risk involved with mortgage-related financial products, and that governments did not adjust their regulatory practices to address 21st-century financial markets.[11] The 1999 repeal of the Glass–Steagall Act of 1933 effectively removed the separation that previously existed between Wall Street investment banks and depository banks.[

Glass and Steagal were Pubs...
And guess who caused it?

Government...BY FORCE.
 
US Bankers are us. Communists like Franko might be the enemy but US Bankers are the people who lend us money to buy the lot next door and take a chance on mom&pop small businesses. What do communists like Franko and Obama do for you? Franko is a puppet but Obama refered to the US Chamber of Commerce as a "sinister tool of the republican party". Bill Clinton's democrat majority early in the 90's forced banks to make bad loans or face civil rights litigation. Fannie Mae bundled the bad loans with good loans and sold them back to lenders as good loans. Meanwhile the denocrat majority used Fannie as a home for crooks. The board of directors had nothing to do with loans. One of Obama's financial advisors, Frank Raines, was a democrat appointed Fannie CEO. He (allegedly) cooked the books to show a profit tied to his federal bonus money and walked away with 90 Million dollars for three years work while Fannie was going under. Barney Frank told Americans \that Fannie was doing fine while it was in desperate trouble.
 
US Bankers are us. Communists like Franko might be the enemy but US Bankers are the people who lend us money to buy the lot next door and take a chance on mom&pop small businesses. What do communists like Franko and Obama do for you? Franko is a puppet but Obama refered to the US Chamber of Commerce as a "sinister tool of the republican party". Bill Clinton's democrat majority early in the 90's forced banks to make bad loans or face civil rights litigation. Fannie Mae bundled the bad loans with good loans and sold them back to lenders as good loans. Meanwhile the denocrat majority used Fannie as a home for crooks. The board of directors had nothing to do with loans. One of Obama's financial advisors, Frank Raines, was a democrat appointed Fannie CEO. He (allegedly) cooked the books to show a profit tied to his federal bonus money and walked away with 90 Million dollars for three years work while Fannie was going under. Barney Frank told Americans \that Fannie was doing fine while it was in desperate trouble.
Raines is another one of those son of bitches that needs time in JAIL.
 
US Bankers are us. Communists like Franko might be the enemy but US Bankers are the people who lend us money to buy the lot next door and take a chance on mom&pop small businesses. What do communists like Franko and Obama do for you? Franko is a puppet but Obama refered to the US Chamber of Commerce as a "sinister tool of the republican party". Bill Clinton's democrat majority early in the 90's forced banks to make bad loans or face civil rights litigation. Fannie Mae bundled the bad loans with good loans and sold them back to lenders as good loans. Meanwhile the denocrat majority used Fannie as a home for crooks. The board of directors had nothing to do with loans. One of Obama's financial advisors, Frank Raines, was a democrat appointed Fannie CEO. He (allegedly) cooked the books to show a profit tied to his federal bonus money and walked away with 90 Million dollars for three years work while Fannie was going under. Barney Frank told Americans \that Fannie was doing fine while it was in desperate trouble.
Raines is another one of those son of bitches that needs time in JAIL.

Raines seriously needs scrutiny by a congressional hearing as does Barney Frank who presided over the collapse of Fannie while telling Americans that Fannie was doing fine. The Fannie "board of directors" were no-show jobs worthy of organized crime. The list is a shocking display of democrat pay-offs.
 
US Bankers are us. Communists like Franko might be the enemy but US Bankers are the people who lend us money to buy the lot next door and take a chance on mom&pop small businesses. What do communists like Franko and Obama do for you? Franko is a puppet but Obama refered to the US Chamber of Commerce as a "sinister tool of the republican party". Bill Clinton's democrat majority early in the 90's forced banks to make bad loans or face civil rights litigation. Fannie Mae bundled the bad loans with good loans and sold them back to lenders as good loans. Meanwhile the denocrat majority used Fannie as a home for crooks. The board of directors had nothing to do with loans. One of Obama's financial advisors, Frank Raines, was a democrat appointed Fannie CEO. He (allegedly) cooked the books to show a profit tied to his federal bonus money and walked away with 90 Million dollars for three years work while Fannie was going under. Barney Frank told Americans \that Fannie was doing fine while it was in desperate trouble.
Raines is another one of those son of bitches that needs time in JAIL.

Raines seriously needs scrutiny by a congressional hearing as does Barney Frank who presided over the collapse of Fannie while telling Americans that Fannie was doing fine. The Fannie "board of directors" were no-show jobs worthy of organized crime. The list is a shocking display of democrat pay-offs.
And you do notice that Dodd decided NOT to run again? HE knew waht was coming. It still doesn't absolve his actions and HE needs to spend some time in jail as well.

Bawney Fwank would probably be at home in the slammer. He can practice his pole routines and be at home with kindred spirits...have more boyfriends. It's be a win for him.
 
Bullshytte. Frank was no player when deal went down. 2003-6, no one was was saying a collapse was imminent- would only make it happen. THE BANKS and regulators did it. Pubs, dittoheads.
 
Bullshytte. Frank was no player when deal went down. 2003-6, no one was was saying a collapse was imminent- would only make it happen. THE BANKS and regulators did it. Pubs, dittoheads.

Wrong.

[ame=http://www.youtube.com/watch?v=_MGT_cSi7Rs]Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis - YouTube[/ame]


[ame=http://www.youtube.com/watch?v=2UZ9l_AxKjA&feature=related]Barney Frank Caught Lying About Fannie Mae - YouTube[/ame]

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

*TRY AGAIN*
 
Senate Democrats plan to make veterans the focus of their next jobs bill, providing tax incentives for businesses to hire former members of the military and instructing the Labor Department to find ways to ease their transition to the civilian workplace.

But perhaps most striking is Democrats' decision to jettison a popular method of paying for pieces of President Obama's $447 billion jobs bill, which failed in a bipartisan vote in the Senate. The majority is not looking to tax Americans who make more than $1 million to offset the veterans' jobs provision; rather, they will keep in place current fees for V.A. home loans.

The abandonment of the millionaire surtax is a victory for Republicans, who have, heretofore opposed such a measure, and it also signals a significant compromise by Democrats toward improving the nation's persistently poor jobless rate. While polls showed the surtax to be popular with a majority of Americans, Republicans have stood uniformly against it, thereby blocking any possible jobs measure.

"No veteran should stand at the back of any line, and certainly not an employment line," Sen. Debbie Stabenow, D-Mich., told reporters on a conference call Friday.

"For too long in this country we have patted our veterans on the back for their service and then pushed them out into the job market alone," said Senate Veterans' Affairs Committee Chairwoman Patty Murray of Washington, lead sponsor of the bill. "With this bill we are giving our veterans the job skills to get their foot in the door and incentivizing employers to make sure that door is open to them."



Read more: Dems Jettison Millionaire Surtax in New Jobs Bill - Fox News




















:lol::lol::lol::lol::lol::lol:
 
Senate Democrats plan to make veterans the focus of their next jobs bill, providing tax incentives for businesses to hire former members of the military and instructing the Labor Department to find ways to ease their transition to the civilian workplace.

But perhaps most striking is Democrats' decision to jettison a popular method of paying for pieces of President Obama's $447 billion jobs bill, which failed in a bipartisan vote in the Senate. The majority is not looking to tax Americans who make more than $1 million to offset the veterans' jobs provision; rather, they will keep in place current fees for V.A. home loans.

The abandonment of the millionaire surtax is a victory for Republicans, who have, heretofore opposed such a measure, and it also signals a significant compromise by Democrats toward improving the nation's persistently poor jobless rate. While polls showed the surtax to be popular with a majority of Americans, Republicans have stood uniformly against it, thereby blocking any possible jobs measure.

"No veteran should stand at the back of any line, and certainly not an employment line," Sen. Debbie Stabenow, D-Mich., told reporters on a conference call Friday.

"For too long in this country we have patted our veterans on the back for their service and then pushed them out into the job market alone," said Senate Veterans' Affairs Committee Chairwoman Patty Murray of Washington, lead sponsor of the bill. "With this bill we are giving our veterans the job skills to get their foot in the door and incentivizing employers to make sure that door is open to them."



Read more: Dems Jettison Millionaire Surtax in New Jobs Bill - Fox News




















:lol::lol::lol::lol::lol::lol:
Translation: They are trying to co-opt the military vote. Odd since the Democrats cannot stand the military in any form or fashion unless a Democrat is in office.
 
That bill will prove that Pubs are lying scum who won't pass ANYTHING.

Dems and F+F were not in charge 2003-6 when the Pubs and bankers ran wild. Read something, change the channel, dittoheads.
 

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