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Andy was in 1998 STARTED the ball rolling...BUT KEEP TRYING, WE'LL KEEP LAUGHING AT YOU!!!!
We GOT CUOMO ADMITTING IT! PERIOD...FINISHED... END OF GAME!
Cartoons, you moron, are why people actually STOP, and read what is written, instead of the crap you post!
BUT ANDY SAID WHAT WAS GOING ON BEFORE BUSH WAS EVEN PRESIDENT....ANDY AND BLOW JOB OWN THE HOUSING BUBBLE COLLAPSE!!!
No he didn't, lol LYING POS 
Sarah Palin will be declared the goddess of the liberals someday. They will be forced to worship her.Sarah Palin hasn't fallen evidently that you all need to post about her. she does live in your wee heads 24/7 though. and she's thinking FREE Advertising for her.
She's not going anywhere no matter how many times you losers claim SHE HAS FALLEN
Yer a funny guy.What doesn't matter is this failed attempt to deflect.It doesn't matter.
Obumble is now a Lame Duck.
He lost both chambers of Congress.
Congress has turned its back on him.
The Failed Messiah has failed himself, his country, and his party - many of whom are running from him at the speed of light.
Prospects for a Democrat in the White House anytime soon after 2016 continue to dwindle.
I have no clue which of a hundred-and-one losers that the Pubs will put-up for election.
But they'd have to phukk-up pretty badly now, not to kick the ass of the Dems' choice.
The thread is about Palin, not the president. And given the fact that Palin is representative of most TPM republicans, your failed attempt to deflect is understandable.
You are becoming the copy and paste queen of the board, Dad2three. Don't you have anything original to say? Democrat congressmen and that ugly bitch, Watters, caused the housing crises. They demanded the banks to give loans to people out of work.BUT ANDY SAID WHAT WAS GOING ON BEFORE BUSH WAS EVEN PRESIDENT....ANDY AND BLOW JOB OWN THE HOUSING BUBBLE COLLAPSE!!!
No, the GSEs Did Not Cause the Financial Meltdown (but thats just according to the data)
1. Private markets caused the shady mortgage boom: The first thing to point out is that the both the subprime mortgage boom and the subsequent crash are very much concentrated in the private market, especially the private label securitization channel (PLS) market. The Government-Sponsored Entities (GSEs, or Fannie and Freddie) were not behind them. The fly-by-night lending boom, slicing and dicing mortgage bonds, derivatives and CDOs, and all the other shadiness of the mortgage market in the 2000s were Wall Street creations, and they drove all those risky mortgages.
Here’s some data to back that up: “More than 84 percent of the subprime mortgages in 2006 were issued by private lending institutions… Private firms made nearly 83 percent of the subprime loans to low- and moderate-income borrowers that year.”
“But from 2002-2005, [GSEs] saw a fairly precipitous drop in market share, going from about 50% to just under 30% of all mortgage originations. Conversely, private label securitization [PLS] shot up from about 10% to about 40% over the same period. This is, to state the obvious, a very radical shift in mortgage originations that overlapped neatly with the origination of the most toxic home loans.”
2. The government’s affordability mission didn’t cause the crisis:
3. There is a lot of research to back this up and little against it: This is not exactly an obscure corner of the wonk world — it is one of the most studied capital markets in the world.
4. Conservatives sang a different tune before the crash: Conservative think tanks spent the 2000s saying the exact opposite of what they are saying now
Hey Mayor Bloomberg No the GSEs Did Not Cause the Financial Meltdown but thats just according to the data The Big Picture
In 2004, as regulators warned that subprime lenders were saddling borrowers with mortgages they could not afford, the U.S. Department of Housing and Urban Development helped fuel more of that risky lending.
...In 1995, President Bill Clinton's HUD agreed to let Fannie and Freddie get affordable-housing credit for buying subprime securities that included loans to low-income borrowers. The idea was that subprime lending benefited many borrowers who did not qualify for conventional loans. HUD expected that Freddie and Fannie would impose their high lending standards on subprime lenders.
In 2000 (CLINTON), as HUD revisited its affordable-housing goals, the housing market had shifted. With escalating home prices, subprime loans were more popular. Consumer advocates warned that lenders were trapping borrowers with low "teaser" interest rates and ignoring borrowers' qualifications.
HUD restricted Freddie and Fannie, saying it would not credit them for loans they purchased that had abusively high costs or that were granted without regard to the borrower's ability to repay. Freddie and Fannie adopted policies not to buy some high-cost loans.
That year, Freddie bought $18.6 billion in subprime loans; Fannie did not disclose its number.
In 2001, HUD researchers warned of high foreclosure rates among subprime loans.
"Given the very high concentration of these loans in low-income and African American neighborhoods, the growth in subprime lending and resulting very high levels of foreclosure is a real cause for concern," an agency report said.
But by 2004, (DUBYA) when HUD next revised the goals, Freddie and Fannie's purchases of subprime-backed securities had risen tenfold. Foreclosure rates also were rising.
That year, President Bush's HUD ratcheted up the main affordable-housing goal over the next four years, from 50 percent to 56 percent. John C. Weicher, then an assistant HUD secretary, said the institutions lagged behind even the private market and "must do more."
In 2003, the two bought $81 billion in subprime securities. In 2004, they purchased $175 billion -- 44 percent of the market. In 2005, they bought $169 billion, or 33 percent. In 2006, they cut back to $90 billion, or 20 percent. Generally, Freddie purchased more than Fannie and relied more heavily on the securities to meet goals.
"The market knew we needed those loans," said Sharon McHale, a spokeswoman for Freddie Mac. The higher goals (BY DUBYA, 2004, LOL) "forced us to go into that market to serve the targeted populations that HUD wanted us to serve," she said.
How HUD Mortgage Policy Fed The Crisis
June 17, 2004
Builders to fight Bush's low-income plan
NEW YORK (CNN/Money) - Home builders, realtors and others are preparing to fight a Bush administration plan that would require Fannie Mae and Freddie Mac to increase financing of homes for low-income people, a home builder group said Thursday.
Home builders fight Bush's low-income housing - Jun. 17, 2004
It doesn't matter.
Obumble is now a Lame Duck.
He lost both chambers of Congress.
Congress has turned its back on him.
The Failed Messiah has failed himself, his country, and his party - many of whom are running from him at the speed of light.
Prospects for a Democrat in the White House anytime soon after 2016 continue to dwindle.
I have no clue which of a hundred-and-one losers that the Pubs will put-up for election.
But they'd have to phukk-up pretty badly now, not to kick the ass of the Dems' choice.
Oh, dear me, another hyper-partisan dikkwad... tsk, tsk, tsk... language, dear colleague.. language.It doesn't matter.
Obumble is now a Lame Duck.
He lost both chambers of Congress.
Congress has turned its back on him.
The Failed Messiah has failed himself, his country, and his party - many of whom are running from him at the speed of light.
Prospects for a Democrat in the White House anytime soon after 2016 continue to dwindle.
I have no clue which of a hundred-and-one losers that the Pubs will put-up for election.
But they'd have to phukk-up pretty badly now, not to kick the ass of the Dems' choice.
Don't change the subject fuck-o.
Here's who likes Sarah Palin...what does this tell you?
Here's who likes Sarah Palin...what does this tell you?
These people have good hearts, but notice they were hand picked and while there were hundreds in line, only a few made the interviewr's cut. This was a hit job. The interviewer was determined to not showcase a Palin supporter in a good light.
Here's who likes Sarah Palin...what does this tell you?
These people have good hearts, but notice they were hand picked and while there were hundreds in line, only a few made the interviewr's cut. This was a hit job. The interviewer was determined to not showcase a Palin supporter in a good light.
Again, it doesn't matter.Ted Cruz takes aim at IRS and ISIS: ‘Time to face reality’ of Obama failures
BizPac Review ^ | January 25, 2015 | Carmine Sabia
U.S. Sen. Ted Cruz used his appearance at this weekend’s Iowa Freedom Summit to excoriate Obamacare, Islamic State militants and that other evil scourge: the Internal Revenue Service. “The most important tax reform we can do is abolish the IRS,” Cruz said to the delight of attendees at the conservative event. (VIDEO-AT-LINK) Turning his aim on Obamacare, the senator said it’s time to “repeal every word” of President Obama’s signature health care legislation. But Cruz saved his harshest critique for Obama’s handling of Islamic State, the terrorist group some refer to by the acronym, ISIS. “What’s happening in Iraq is...
The situation is what it is.
It doesn't matter that ISIS-ISIL-IS began life in such-and-so a mode.
What matters is that Obumble allowed it to grow and prosper on his watch.
That's all that signifies now.
And, after pulling the kind of shit that he did, on ObamaCare, and Immigration, and his incompetence in foreign policy and military matters, today, given his loss of both chambers of Congress, it seems unlikely that Obumble could get elected dog-catcher today... unlikely that he could repeat his 2012 election victory now.
He may have won the White House, but he lost the Congress, and they've (literally) turned their back on him now.
>>>>>>>>>>>>>><<<<<<<<<<<<Again, it doesn't matter.Ted Cruz takes aim at IRS and ISIS: ‘Time to face reality’ of Obama failures
BizPac Review ^ | January 25, 2015 | Carmine Sabia
U.S. Sen. Ted Cruz used his appearance at this weekend’s Iowa Freedom Summit to excoriate Obamacare, Islamic State militants and that other evil scourge: the Internal Revenue Service. “The most important tax reform we can do is abolish the IRS,” Cruz said to the delight of attendees at the conservative event. (VIDEO-AT-LINK) Turning his aim on Obamacare, the senator said it’s time to “repeal every word” of President Obama’s signature health care legislation. But Cruz saved his harshest critique for Obama’s handling of Islamic State, the terrorist group some refer to by the acronym, ISIS. “What’s happening in Iraq is...
The situation is what it is.
It doesn't matter that ISIS-ISIL-IS began life in such-and-so a mode.
What matters is that Obumble allowed it to grow and prosper on his watch.
That's all that signifies now.
And, after pulling the kind of shit that he did, on ObamaCare, and Immigration, and his incompetence in foreign policy and military matters, today, given his loss of both chambers of Congress, it seems unlikely that Obumble could get elected dog-catcher today... unlikely that he could repeat his 2012 election victory now.
He may have won the White House, but he lost the Congress, and they've (literally) turned their back on him now.
Play-Time's over, Liberals - time to pay the piper.
it would also be nice to pay back us tax paying citizens the 5 TRILLION + $$$$$$$$$$$$$ the muslime mulatto son-of-a-bitch stole from us.
it would also be nice to know where those $$$$$$$$$$$$$$ were spent....., supporting muslime terrorists ??????
Again, it doesn't matter.Ted Cruz takes aim at IRS and ISIS: ‘Time to face reality’ of Obama failures
BizPac Review ^ | January 25, 2015 | Carmine Sabia
U.S. Sen. Ted Cruz used his appearance at this weekend’s Iowa Freedom Summit to excoriate Obamacare, Islamic State militants and that other evil scourge: the Internal Revenue Service. “The most important tax reform we can do is abolish the IRS,” Cruz said to the delight of attendees at the conservative event. (VIDEO-AT-LINK) Turning his aim on Obamacare, the senator said it’s time to “repeal every word” of President Obama’s signature health care legislation. But Cruz saved his harshest critique for Obama’s handling of Islamic State, the terrorist group some refer to by the acronym, ISIS. “What’s happening in Iraq is...
The situation is what it is.
It doesn't matter that ISIS-ISIL-IS began life in such-and-so a mode.
What matters is that Obumble allowed it to grow and prosper on his watch.
That's all that signifies now.
And, after pulling the kind of shit that he did, on ObamaCare, and Immigration, and his incompetence in foreign policy and military matters, today, given his loss of both chambers of Congress, it seems unlikely that Obumble could get elected dog-catcher today... unlikely that he could repeat his 2012 election victory now.
He may have won the White House, but he lost the Congress, and they've (literally) turned their back on him now.
>>>>>>>>>>>>>><<<<<<<<<<<<Again, it doesn't matter.Ted Cruz takes aim at IRS and ISIS: ‘Time to face reality’ of Obama failures
BizPac Review ^ | January 25, 2015 | Carmine Sabia
U.S. Sen. Ted Cruz used his appearance at this weekend’s Iowa Freedom Summit to excoriate Obamacare, Islamic State militants and that other evil scourge: the Internal Revenue Service. “The most important tax reform we can do is abolish the IRS,” Cruz said to the delight of attendees at the conservative event. (VIDEO-AT-LINK) Turning his aim on Obamacare, the senator said it’s time to “repeal every word” of President Obama’s signature health care legislation. But Cruz saved his harshest critique for Obama’s handling of Islamic State, the terrorist group some refer to by the acronym, ISIS. “What’s happening in Iraq is...
The situation is what it is.
It doesn't matter that ISIS-ISIL-IS began life in such-and-so a mode.
What matters is that Obumble allowed it to grow and prosper on his watch.
That's all that signifies now.
And, after pulling the kind of shit that he did, on ObamaCare, and Immigration, and his incompetence in foreign policy and military matters, today, given his loss of both chambers of Congress, it seems unlikely that Obumble could get elected dog-catcher today... unlikely that he could repeat his 2012 election victory now.
He may have won the White House, but he lost the Congress, and they've (literally) turned their back on him now.
Play-Time's over, Liberals - time to pay the piper.
it would also be nice to pay back us tax paying citizens the 5 TRILLION + $$$$$$$$$$$$$ the muslime mulatto son-of-a-bitch stole from us.
it would also be nice to know where those $$$$$$$$$$$$$$ were spent....., supporting muslime terrorists ??????
Oh-so-true....They refuse to look at themselves and what they brought down on their own party...
Yet they piss and moan and blame the Pubs for their nefarious gerrymandering as the primary reason for their loss of both chambers of Congress, rather than the American Voting Public turning their backs on the Dems' lackluster performance and their disgust with the autocratic leadership style of Mr. Rule-by-Decree....Under them and Obama they lost the most seats EVER in Congress and pushed their party into MINORITY status...
Lazy and Unimaginative Folk always go for the low-hanging fruit, until the bottom branches are bare, anyway....Yet here they are still. Dumping on a woman who has no bearing in their pathetic lives...
