- Sep 19, 2011
- 28,369
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I am truly ashamed and amazed that teachers associate with class envy. With urinating on people!
Instead of BUILDING people up... these teachers are tearing people down!
What kind of ignorant animals are teachers to support such educational drivel?
Such total lies!
I am truly sorry that teachers in Calif. as a whole endorse this concept! I know there are a few exceptions but teachers evidently gladly pay their DUES to produce such filthy total lies!
Blaming the housing bubble burst on RICH people???
Now there are some of you idiots that will RATHER then deal in FACTS that:
1) housing collapse due to loans FORCED to be made BY the government to UNQUALIFIED borrowers.. sub prime loans
2) FDIC telling lenders you are in violation of FDIC rules get rid or close your doors.
3) FDIC looking to FANNIE/FREDDIE for help securitizes loans with FULL FAITH and Credit of US GOVT.
4) Loans are sold and when on 9/18/2008 Soros and other MONEY MARKET holders withdraw $500 billion of the $4 trillion in 2 hours.. a collapse of the world economy eminent!
5) The bubble busts.
Those are the FACTS and it is TRUE the people who NEVER should have been given loans but DUE to their IGNORANCE went out and flipped homes, borrowed more bought more
collapsed the housing market... all because of this:
1) Before 1995 home loans were made to people that could make the mortgage payments.
In these lawsuits, ACORN makes a bogus claim of Redlining (denying poor people loans because of their ethnic heritage).
They protest and get the local media to raise a big stink.
This stink means that the bank faces thousands of people closing their accounts and get local politicians to lobby to stop the bank from doing some future business, expansions and mergers.
ACORN filed tons of these lawsuits and ALL of them allege racism.
UPDATED: Obama Sued Citibank Under CRA to Force it to Make Bad Loans | Media Circus
Lawyers among was Obama for ACORN forced Citibank to settle out of court or ACORN would make LOUD and very disruptive demonstrations!!!
So Now banks had to make loans!
BUT FDIC said we'll close you cause loans are poor quality!
Banks re-packaged and sold with Fannie/Freddie Using CDswaps banks could unload the sub-prime loans by having Fannie/Freddie securitizing them as explained in this statement:
Oct. 23,2008 (Bloomberg) -- Fannie Mae and Freddie Mac have an ``effective'' federal guarantee, not the "full faith and credit'' of the U.S. government, Federal Housing Finance Agency Director James Lockhart said after the hearing. That does give them effectively a guarantee of the U.S. government.''
Lockhart's Fannie, Freddie Guarantee Remarks Stir Up Confusion - Bloomberg
California Teachers Union Cartoon Video Has Rich Urinating On Poor | RealClearPolitics
Instead of BUILDING people up... these teachers are tearing people down!
What kind of ignorant animals are teachers to support such educational drivel?
Such total lies!
I am truly sorry that teachers in Calif. as a whole endorse this concept! I know there are a few exceptions but teachers evidently gladly pay their DUES to produce such filthy total lies!
Blaming the housing bubble burst on RICH people???
Now there are some of you idiots that will RATHER then deal in FACTS that:
1) housing collapse due to loans FORCED to be made BY the government to UNQUALIFIED borrowers.. sub prime loans
2) FDIC telling lenders you are in violation of FDIC rules get rid or close your doors.
3) FDIC looking to FANNIE/FREDDIE for help securitizes loans with FULL FAITH and Credit of US GOVT.
4) Loans are sold and when on 9/18/2008 Soros and other MONEY MARKET holders withdraw $500 billion of the $4 trillion in 2 hours.. a collapse of the world economy eminent!
5) The bubble busts.
Those are the FACTS and it is TRUE the people who NEVER should have been given loans but DUE to their IGNORANCE went out and flipped homes, borrowed more bought more
collapsed the housing market... all because of this:
1) Before 1995 home loans were made to people that could make the mortgage payments.
In these lawsuits, ACORN makes a bogus claim of Redlining (denying poor people loans because of their ethnic heritage).
They protest and get the local media to raise a big stink.
This stink means that the bank faces thousands of people closing their accounts and get local politicians to lobby to stop the bank from doing some future business, expansions and mergers.
ACORN filed tons of these lawsuits and ALL of them allege racism.
UPDATED: Obama Sued Citibank Under CRA to Force it to Make Bad Loans | Media Circus
Lawyers among was Obama for ACORN forced Citibank to settle out of court or ACORN would make LOUD and very disruptive demonstrations!!!
So Now banks had to make loans!
BUT FDIC said we'll close you cause loans are poor quality!
Banks re-packaged and sold with Fannie/Freddie Using CDswaps banks could unload the sub-prime loans by having Fannie/Freddie securitizing them as explained in this statement:
Oct. 23,2008 (Bloomberg) -- Fannie Mae and Freddie Mac have an ``effective'' federal guarantee, not the "full faith and credit'' of the U.S. government, Federal Housing Finance Agency Director James Lockhart said after the hearing. That does give them effectively a guarantee of the U.S. government.''
Lockhart's Fannie, Freddie Guarantee Remarks Stir Up Confusion - Bloomberg
California Teachers Union Cartoon Video Has Rich Urinating On Poor | RealClearPolitics
