I repeatedly have to tell and retell people that the Federal Government was not responsible in any real way for instigating the crisis. This is necessary because of the comments by all of my Republican friends. Good people, all, but totally morally and ethically corrupt when it comes to money and they don't really seem to realize it. Remember I have not voted Democrat in 36 years, so almost all of my friends and neighbors are Republicans -- Who have well earned the name Republiscams because of their blatant dishonesty about anything that concerns money, and they all lie like hell about the present historical reality, exactly what we have seen on this board. Total consistent dishonesty! Shame!!! The most amazing thing is that they can do it with a straight face as if they actually believe their blatant and outrageous lies. Amazing! On top of that they all profess to be Christians. Totally unbelievable when you consider that Jesus Christ physically whipped and abused the money changers who ran from him in fear for their lives after he started throwing their tables around. Yeeehaaaaah! Jesus! Go for it, dude! You’ve got my support! They are just liars who have no real obedience to God, because they are clearly showing that they worship their money. MONEY! MONEY! MONEY! MONEY! MONEY! (Or as they say it, “WE PRAISE GOD FOR OUR ABUNDANCE AND HIS MERCY” -- That translates into common English as Thank you God for all of our Money! And please keep it coming! Amen.) So many of my Republican friends loudly proclaim that the housing crisis was brought on by Federal efforts to get more Blacks and Hispanics into their own houses. They will claim that the Blacks and Hispanics were not qualified for home ownership. Yet, the issue was “ONE OF BLACKS AND HISPANICS WHO WERE CLEARLY QUALIFIED FOR THE LOANS BUT WERE DENIED. “ That was what the effort was directed for and to. The income of the minority homebuyers was to be counted exactly like the White’s income, and if they qualified under the rules then existing for prudent loans they would receive the loan. At no time was there a Federal Mandate to the banks to issue unsound loans. Now, I know what the Republicans say. They lie all the time about that, but the Federal Government never changed the rules for prudent mortgage writing. Yet, Republicans still say to this day that it was the loans to the damned Ni&&ers and SP!CKS THAT CAUSED THIS HOUSING CRASH. Yet they repeat it to themselves as if repeating it often enough will make it true. (Remember Josef Goebbles, "If you tell a lie Boldly enough, Loudly enough, and Often enough, IT WILL BE BELIEVED! Sheet, that reminds me of the excuse for destroying Iraq. Republiscams will tell you that Iraq somehow attacked us first, just like Josef Goebbles told the German people that Poland attacked Germany first.) THE BLACKS AND HISPANICS WERE NOT EVEN REPRESENTED IN THE FORECLOSURE NUMBERS BY THEIR PERCENTAGE IN THE POPULATION. Why? Simply because many of their loans were joint efforts directed at buying less expensive homes (That trailer on a small parcel of land or five adult family members pooling their incomes to buy a run down house at a mortgage rate that was less then the rent they were paying.) As I have repeatedly pointed out, the entire Republiscam mortgage banking industry decided to RAPE the country because of the quick profits "up front" (POINTS and RIDICULOUS IMAGINARY FEES) from writing bad mortgages. They were charging 1.5 to 2 Percent on the points for writing the loans and then charging approximately one point worth of fees. (WOW! THREE PERCENT - INSTANT MEGA THOUSAND OF DOLLARS PROFIT! The mortgage departments of the large banks were writing loans for people who had no incomes, but enough cash to make the first month's payment. And both the corrupt banks and the home "buyers" were happy with that. People who made no down payment (That used to be required when I bought my home.) were defaulting after one or two month's payment. Why? Simple, they knew that the bank would not foreclose until they were three or four months behind in their payments (That is three or four months of FREE RENT!) In most states, The Foreclosure process takes months to complete and that is just more and more free rent. But, but, but you say, they would lose the house! Sure they would lose the house, but they did not care, since they had only paid a pittance on it, it was like getting free rent for a year or more. The dishonest homeowners made a killing. A substantial percentage of our society is always looking for a loophole to gain wealth or to hold on to it by dishonest means. Republiscams try to cheat on their taxes in any way possible. They even brag about what they have done and still call themselves Christians. Ha! Now, comes the Big Issue. The banks totally knew that they were writing horribly bad loans. They did not care, because they could lump all of the bad loans into an AAA rated investment package and sell it to state retirement funds and foreign banks to offload them on saps. (Lazy Retirement Fund Managers and foreign banks that stand in total awe of the tremendous economy of the United States) They did this to the tune of Trillions of dollars and set the whole world up for collapse. (All of those corrupt Republiscam Bankers need to go to prison.) By so confusing the actual ownership of the properties, the titles to the homes were lost (momentarily misplaced), and the dishonest people buying the homes learned a new trick that allowed them to stay in the home for free for years. That is right, they got to live in a new home for free for years by simply asking the foreclosure court to force the foreclosing bank to "come up with the title to the home." If the corrupt bank could not produce the title, they could not prove that they had the right to foreclose. The titles were lost when they were shipped off with the “AAA rated investment grade paper” to the marketing companies that were selling the "fantastic AAA investments." What a horrible mess the Corrupt Republiscam Bankers created. There are millions of homes across the United States in which the title is lost or in question, a lasting legacy of the Satanic Republiscams. Moral to the story, Dishonesty breeds further Dishonesty and Corruption breeds further Corruption. Let's hear it for the Republiscams! The shooting will start in earnest come this summer.