Rethuglacains and the housing crisis

Stopping the practice of forcing lenders to lend mortgages to people known not to pay their bills would be a start.

Non sequitur. That has nothing to do with the global derivatives bubble of which the housing collapse is but a symptom.

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Stopping the practice of forcing lenders to lend mortgages to people known not to pay their bills would be a start.

That practice doesn't exist nor has it ever.

It was the very heart of the Community Reinvestment Act.

The CRA has as much to do with the GLOBAL credit crisis as a cat's ass.

Iceland's property bubble dwarfed ours on a relative scale. Ireland's dwarfed ours on a relative scale. Spain's REALLY dwarfed ours on a relative scale. And I suppose you did not hear of England's property bubble either.

And then there is the sovereign debt crisis which is just another facet of the derivatives bubble. Greece, Spain, Italy, Portugal, Ireland. Soon...France.

Municipalities are also defaulting because of the derivatives bubble.


It is gut bustingly hilarious to hear some jackholes still blaming the CRA after all this time.


.
 
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Not even mentioned once at the RNC!!!!!!!!!

I don’t want to hear about the Robme's 5 screaming boys anymore!
Or about how they hate Obama and the current administration.
I want to hear a detailed plan about the housing crisis!

Enough of the BS!

Do they think they can just play the American people with these games?

Too many lies (oh and those lies were flying!) at the RNC, and just a bunch of fluff.

Ask Bawney Fwanks, faggot.....
 
Listen mentally challenged one:
(1) Look up the Community Reinvestment Act - See the part Clinton, Dodds and Frank had in reviving a Carter Error plan and pushing it on the banks. It's the main culprit in the meltdown.
(2) Who gave Freddie and Fannie the power to create a secondary mortgage market? See Frank, Dodd and Clinton. This allowed mortgage originators to write toxic loans have investors fund them and then immediately turn around and sell them with little risk and a lot of upfront profit! Name the organization that has posted the LARGEST Losses in WORLD history. FM/FM in '11, '10, '09 & '08 and soon to be on the list '12, '13, '14 & '15!!! It's setting the record every year.

There were other culprits like the Clinton era GLB, Banks themselves, the Subprime Co jumping into the fray etc.

I mean when did subprime loans, 100% and no doc loans come into being? During the 90s, during Clinton's Presidency!!!!


Not even mentioned once at the RNC!!!!!!!!!

I don’t want to hear about the Robme's 5 screaming boys anymore!
Or about how they hate Obama and the current administration.
I want to hear a detailed plan about the housing crisis!

Enough of the BS!

Do they think they can just play the American people with these games?

Too many lies (oh and those lies were flying!) at the RNC, and just a bunch of fluff.

Meathook,
Sounds like you have a "touch" of the downs, and may still be on a lil yellow short bus,
Busing you off to work!
And you don’t need to explain to me that we are in a mess, regardless of who caused it (that’s a separate topic)

We need to have it addressed!

Again to my point "THE GOP duffy heads" wont address it!

what don’t you get?

apparently nothing.. you should be leader of the GOP!

Your off topic tard head! Oh ya I forgot! you’re a tard, it’s hard for you to keep your concentration!
:offtopic:
 
Last edited:
Not even mentioned once at the RNC!!!!!!!!!

I don’t want to hear about the Robme's 5 screaming boys anymore!
Or about how they hate Obama and the current administration.
I want to hear a detailed plan about the housing crisis!

Enough of the BS!

Do they think they can just play the American people with these games?

Too many lies (oh and those lies were flying!) at the RNC, and just a bunch of fluff.

Ask Bawney Fwanks, faggot.....

more blow-it-off by the pathetic conservatives!

I love to tease the dumb conservatives! they are so easy to rile up!

small closed minds...
 
Stopping the practice of forcing lenders to lend mortgages to people known not to pay their bills would be a start.

That practice doesn't exist nor has it ever.

Barney_Frank_0271d-279.jpg
 
Not even mentioned once at the RNC!!!!!!!!!

I don’t want to hear about the Robme's 5 screaming boys anymore!
Or about how they hate Obama and the current administration.
I want to hear a detailed plan about the housing crisis!

Enough of the BS!

Do they think they can just play the American people with these games?

Too many lies (oh and those lies were flying!) at the RNC, and just a bunch of fluff.

I agree and well said... I guess Romney wants everyone to wait and find out after the election, like everything else we are suppose to be guessing about.
It ultimittly is making it a much easier win for Obama.. So keep on talking about your boys Mitt, and avoid the real issues
 
Listen mentally challenged one:
(1) Look up the Community Reinvestment Act - See the part Clinton, Dodds and Frank had in reviving a Carter Error plan and pushing it on the banks. It's the main culprit in the meltdown.
(2) Who gave Freddie and Fannie the power to create a secondary mortgage market? See Frank, Dodd and Clinton. This allowed mortgage originators to write toxic loans have investors fund them and then immediately turn around and sell them with little risk and a lot of upfront profit! Name the organization that has posted the LARGEST Losses in WORLD history. FM/FM in '11, '10, '09 & '08 and soon to be on the list '12, '13, '14 & '15!!! It's setting the record every year.

There were other culprits like the Clinton era GLB, Banks themselves, the Subprime Co jumping into the fray etc.

I mean when did subprime loans, 100% and no doc loans come into being? During the 90s, during Clinton's Presidency!!!!


Not even mentioned once at the RNC!!!!!!!!!

I don’t want to hear about the Robme's 5 screaming boys anymore!
Or about how they hate Obama and the current administration.
I want to hear a detailed plan about the housing crisis!

Enough of the BS!

Do they think they can just play the American people with these games?

Too many lies (oh and those lies were flying!) at the RNC, and just a bunch of fluff.

Meathook,
Sounds like you have a "touch" of the downs, and may still be on a lil yellow short bus,Busing you off to work!
And you don’t need to explain to me that we are in a mess, regardless of who caused it (that’s a separate topic)

We need to have it addressed!

Again to my point "THE GOP duffy heads" wont address it!

what don’t you get?

apparently nothing.. you should be leader of the GOP!

Your off topic tard head! Oh ya I forgot! you’re a tard, it’s hard for you to keep your concentration!
:offtopic:

"small closed minds... "

hypocrisy at it's finest


__________________
 
Not even mentioned once at the RNC!!!!!!!!!

I don’t want to hear about the Robme's 5 screaming boys anymore!
Or about how they hate Obama and the current administration.
I want to hear a detailed plan about the housing crisis!

Enough of the BS!

Do they think they can just play the American people with these games?

Too many lies (oh and those lies were flying!) at the RNC, and just a bunch of fluff.

Over use of exclamation marks is a sign of an unstable personality. Just saying.

You left off the two dozen exclamation marks.
 
Not even mentioned once at the RNC!!!!!!!!!

I don’t want to hear about the Robme's 5 screaming boys anymore!
Or about how they hate Obama and the current administration.
I want to hear a detailed plan about the housing crisis!

Enough of the BS!

Do they think they can just play the American people with these games?

Too many lies (oh and those lies were flying!) at the RNC, and just a bunch of fluff.

How old are you? You come off very childish and frankly, ignorant.
 
Not even mentioned once at the RNC!!!!!!!!!

I don’t want to hear about the Robme's 5 screaming boys anymore!
Or about how they hate Obama and the current administration.
I want to hear a detailed plan about the housing crisis!

Enough of the BS!

Do they think they can just play the American people with these games?

Too many lies (oh and those lies were flying!) at the RNC, and just a bunch of fluff.

Over use of exclamation marks is a sign of an unstable personality. Just saying.

You left off the two dozen exclamation marks.

:badgrin:
 
Not even mentioned once at the RNC!!!!!!!!!

I don’t want to hear about the Robme's 5 screaming boys anymore!
Or about how they hate Obama and the current administration.
I want to hear a detailed plan about the housing crisis!

Enough of the BS!

Do they think they can just play the American people with these games?

Too many lies (oh and those lies were flying!) at the RNC, and just a bunch of fluff.

Over use of exclamation marks is a sign of an unstable personality. Just saying.

You left off the two dozen exclamation marks.

more fluff and no debate! I freaking love it!
 
Not even mentioned once at the RNC!!!!!!!!!

I don’t want to hear about the Robme's 5 screaming boys anymore!
Or about how they hate Obama and the current administration.
I want to hear a detailed plan about the housing crisis!

Enough of the BS!

Do they think they can just play the American people with these games?

Too many lies (oh and those lies were flying!) at the RNC, and just a bunch of fluff.

How old are you? You come off very childish and frankly, ignorant.

I find it amazing how the conservatives love to fluff things off!

I really thought there were a few "intelligent" ones here..

I guess I was wrong..

all "FLUFF" and no debate...

nuff said..
 
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Not even mentioned once at the RNC!!!!!!!!!

I don’t want to hear about the Robme's 5 screaming boys anymore!
Or about how they hate Obama and the current administration.
I want to hear a detailed plan about the housing crisis!

Enough of the BS!

Do they think they can just play the American people with these games?

Too many lies (oh and those lies were flying!) at the RNC, and just a bunch of fluff.

How old are you? You come off very childish and frankly, ignorant.

I find it amazing how the conservatives love to fluff things off!

I really thought there were a few "intelligent" ones here..

I guess I was wrong..

all "FLUFF" and no debate...

nuff said..

As opposed to the lame-as OP offered by sucktosuck?

:lmao:
 
Not even mentioned once at the RNC!!!!!!!!!

I don’t want to hear about the Robme's 5 screaming boys anymore!
Or about how they hate Obama and the current administration.
I want to hear a detailed plan about the housing crisis!

Enough of the BS!

Do they think they can just play the American people with these games?

Too many lies (oh and those lies were flying!) at the RNC, and just a bunch of fluff.

Romney's made his position very clear on the housing problem - "Let it run its course and hit the bottom.” Market participants will not come back into the market until prices reach equilibrium, and there are still too many foreclosures on the sidelines waiting to swell housing inventory again to move the values up in any meaningful way. Some areas have already bottomed; some still have a ways to go. The government can't dictate prices, and interest rates are already as low as they have ever been. What additional steps do you suggest (aside from forgiving the debt of hundreds of thousands of homeowners that either made bad choices or were unlucky)? Another round of wasted tax credits for first time homebuyers?
 
There is no housing crisis in fact there are plenty of houses on the market just waiting for qualified buyers
 

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