The 2008 U.S. Banking Collapse, By The Numbers

Discussion in 'Economy' started by bitterlyclingin, Oct 22, 2011.

  1. bitterlyclingin
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    bitterlyclingin Silver Member

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    (The numeric ratio of toxic mortgages held by GSE's versus the ones generated by the Wall Street bankers, 7:3. Fannie and Freddie, two GSE's symbolized by the image of Barney Frank sitting on the porch of his boyfriend's Maine Cottage, telling the police narcotics raiders during their raid he wouldn't know a marijuana plant if he saw one, aided and abetted the preponderance of the making of these as a result of the Federal Government's decree that prudence in lending was Racist. Social engineering by Government, proved to be catasphrophic, once again.
    When the time comes to settle scores with the Left, there's a lot of settliing to be done, going all the way back to the Vietnam War.)

    "But based on the number of toxic loans in the system in 2008, the government was responsible for not just a simple majority, but more than two-thirds. It's quantifiable — 71% to be exact (see chart). And the remaining 29% of private-label junk was mostly attributable to Countrywide Financial, which was under the heel of HUD and its "fair-lending" edicts."

    Wall Street Did It? - Latest Headlines - Investors.com
     
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  2. bitterlyclingin
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    bitterlyclingin Silver Member

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    On September 16, 2008 it just needed a George Soros type shove to be dropped into a handbasket where Georgie could reap his harvest of shorts and coincidentaly drop his friend and protege Barack Hussein Obama into the presidency at the same time. That's called a two-fer.
     
  3. American Horse
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    American Horse AKA "Mustang"

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    From the link:
    You'll see why ...... the leftists here will go after this tooth and tong; almost as if they are bots . . . "THREEE...TWOO...."
     
    Last edited: Oct 22, 2011

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