Texas opens 100% -- NO MASKS -- NO MANDATES

[Markle]

t wasn't an article it was an opinion piece.

Commentary by Larry Kudlow, a senior contributor at CNBC and economics editor of the National Review. Follow him on Twitter @Larry_Kudlow.

Stephen Moore is chief economist at the Heritage Foundation

COMMENTARY isn't an article....................unless it's by FOX, then it's fact.

So, naturally wing nuts blame Clinton and Carter for the mortgage crisis of 2008, it just took a decade to materialize, RIIIIIGGGHHHTT.

They ignore what Bush did.

Opinion piece or not. All articles are checked by the editor for accuracy and errors. Yes, it's CNBC--not Fox.

No they aren't, they are checked by the editors to determine if they are even going to run the commentary or not but that's it.
MOST provide a legal disclaimer at the bottom that states (paraphrasing) The contents of this article does not represent the views or opinion of the (newspaper, magazine, etc).
That protects them from legal liability.

Really?

Why didn't you mention the opinion piece was by Lawrence Kudlow and Stephen Moore, chief economist at the Heritage Foundation?

If you have a problem with his reporting, then refute it. You leftists always do the same thing over and over again: attack the source instead of the substance. So are you saying that NBC doesn't fact check the articles they publish?

It wasn't an article it was an opinion piece.

Commentary by Larry Kudlow, a senior contributor at CNBC and economics editor of the National Review. Follow him on Twitter @Larry_Kudlow.

Stephen Moore is chief economist at the Heritage Foundation

COMMENTARY isn't an article....................unless it's by FOX, then it's fact.

So, naturally wing nuts blame Clinton and Carter for the mortgage crisis of 2008, it just took a decade to materialize, RIIIIIGGGHHHTT.

They ignore what Bush did.

The signing of the American Dream Down Payment Act

I am here today because we are taking action to bring many thousands of Americans closer to owning a home. Our government is supporting homeownership because it is good for America, it is good for our families, it is good for our economy.

One of the biggest hurdles to homeownership is getting money for a down payment. This administration has recognized that, and so today I'm honored to be here to sign a law that will help many low-income buyers to overcome that hurdle, and to achieve an important part of the American Dream.


The rate of homeownership in America now stands a record high of 68.4 percent. Yet there is room for improvement. The rate of homeownership amongst minorities is below 50 percent. And that's not right, and this country needs to do something about it. We need to -- (applause.) We need to close the minority homeownership gap in America so more citizens have the satisfaction and mobility that comes from owning your own home, from owning a piece of the future of America.

Last year I set a goal to add 5.5 million new minority homeowners in America by the end of the decade. That is an attainable goal; that is an essential goal. And we're making progress toward that goal. In the past 18 months, more than 1 million minority families have become homeowners. (Applause.) And there's more that we can do to achieve the goal. The law I sign today will help us build on this progress in a very practical way.

Many people are able to afford a monthly mortgage payment, but are unable to make the down payment. So this legislation will authorize $200 million per year in down payment assistance to at least 40,000 low-income families. These funds will help American families achieve their goals, and at the same time, strengthen our communities.


Second, we need to make the home-buying process more affordable. Some of the biggest up-front costs in a home purchase are the closing costs. Sometimes they catch you by surprise. (Laughter.) Many home buyers do not have the time to shop around looking for a better deal on closing costs. You're kind of stuck with what you're presented with. And so they end up paying more than they should. So we've proposed new rules to make it easier for buyers to shop around and to compare prices on closing costs, so they can get the best deal and the best service possible.

And thirdly, we want to make buying a home simpler. Many first-time buyers look at the paperwork from a loan application, and frankly, get a little nervous about all the fine print. Those forms can be intimidating to the first-time home buyer. They can be intimidating to the second or third-time home buyer, too. (Laughter and applause.) So this administration has proposed new rules to simplify the forms home buyers and homeowners fill out when they apply for a loan or close on a mortgage.
georgewbush-whithouse.archives.gov>news

That and wing nuts repealing the Glass-Steagall act, that deregulated some regulations on banks, namely allowing banks or mortgage to sell their mortgages to wall street.

I fully realize that this is a worthless effort on my part since it is obvious that your mind is made up and you will not allow a scintilla of truth to enter your closed mind.

Regardless, just to prove you 100% wrong, here are the facts for you to assail.

HUD TO FIGHT DISCRIMINATION, BOOST MINORITY HOMEOWNERSHIP AND WORK WITH URBAN LEAGUE TO FURTHER GOALS
HUD Archives: Cuomo agrees w/Nat'l Urban League -- to Fight Housing Discrimination

###

New York Times - 1999
Fannie Mae Eases Credit To Aid Mortgage Lending -
Fannie Mae Eases Credit To Aid Mortgage Lending (Published 1999)

###

August 5, 1997
President Bush’s and the Administrations Unheeded Warnings About the Systemic Risk Posed by the GSEs – Fannie and Freddie dating back to 2001
Just the Facts: The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs

###
By Elliot Blair Smith,
USA TODAY
Fannie Mae to pay $400 million fine
Bloomberg Politics - Bloomberg

Franklin Raines was Director of the Office of Management and Budget under Clinton and returned to Fannie Mae as its CEO in 1999. Raines is not a “chief” economic adviser for President Barack Hussein Obama but has advised the administration on mortgage and housing matters. Obama had hired another former Fannie CEO, Jim Johnson as a member of Obama’s V.P. search committee and who was forced to quit under fire.

###

Bloomberg News -
How the Democrats Created the Financial Crisis -
Bloomberg Politics - Bloomberg

###

Democrats in their own words covering up the Fannie Mae, Freddie Mac


###

Timeline shows Bush, McCain warning Democrats of Financial Crisis


###

From the New York Times
New Agency Proposed to Oversee Freddie Mac and Fannie Mae
By STEPHEN LABATON
Published: September 11, 2003 WASHINGTON,

Sept. 10— The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.

The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.

The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac -- which together have issued more than $1.5 trillion in outstanding debt -- is broken. A report by outside investigators in July concluded that Freddie Mac manipulated its accounting to mislead investors, and critics have said Fannie Mae does not adequately hedge against rising interest rates.

Read more:

New Agency Proposed to Oversee Freddie Mac and Fannie Mae (Published 2003)

Bush administration proposes new agency be created within Treasury Department to assume supervision of Fannie Mae and Freddie Mac, House Financial Services Committee hearing; new agency would have authority, which now rests with Congress, to set one of two capital-reserve requirements for...

www.nytimes.com

[…]

From USNews and World Report
Barney Frank's Fannie and Freddie Muddle
By Sam Dealey
September 10, 2008

[…]

So five years ago, there was one of those rare moments in Washington when the branches and personalities of government—in this case, the Bush administration—are less interested in protecting or expanding their turf than in fixing a looming catastrophe. What was Frank's response to the proposal?

''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''

https://www.usnews.com/opinion/blogs/sam-dealey/2008/09/10/barney-franks-fannie-and-freddie-muddle

###

Wall Street Journal Barney’s Rubble – September 17, 2008

Barney's Rubble - WSJ

online.wsj.com

###

Barney Frank in 2005: What Housing Bubble?


###

Democrats Were Wrong on Fannie Mae and Freddie Mac

The White House called for tighter regulation 17 times.

https://www.usnews.com/opinion/blog...rats-were-wrong-on-fannie-mae-and-freddie-mac

###


The Bet That Blew Up Wall Street

###

All this, in addition to the repeal of the Glass-Steagall Act by President William Jefferson Clinton caused the meltdown.

It COULD have been stopped or greatly reduced. Democrats fought that every step of the way and the Republicans wilted under the barrage of being called racist and worse.

###

Duplicate of “Administrations unheeded warnings at another, maybe less credible site.

President Bush numerous calls for review on Fannie and Freddie dating back to 2001

The White House Warned Congress About Fannie Mae Freddie Mac 17 Times In 2008, Alone

The White House attempts to set the record straight: (I’m copying this post from the White House webpage in it’s entirety because I want people to read the whole thing). For many years …

nicedeb.wordpress.com

~~~~~~~~~~~~~~~~~~~~~~~~~~~

The 60 minute program on Credit Default Swaps

The Bet That Blew Up Wall Street

Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis

www.cbsnews.com

###

President Bush numerous calls for review on Fannie and Freddie dating back to 2001

The White House Warned Congress About Fannie Mae Freddie Mac 17 Times In 2008, Alone

The White House attempts to set the record straight: (I’m copying this post from the White House webpage in it’s entirety because I want people to read the whole thing). For many years …

nicedeb.wordpress.com

###
From the NY Times New Agency Proposed to Oversee FANNIE MAE
September 11, 2003

New Agency Proposed to Oversee Freddie Mac and Fannie Mae (Published 2003)

Bush administration proposes new agency be created within Treasury Department to assume supervision of Fannie Mae and Freddie Mac, House Financial Services Committee hearing; new agency would have authority, which now rests with Congress, to set one of two capital-reserve requirements for...

www.nytimes.com

###

3/9/2017

Just to remind all our FRIENDS from the far left, the responsibility for this mess lies with Jimmy Carter, Bill Clinton, Barney Frank and Chris Dodd. AND WITH REPUBLICANS for backing off every time Barney Frank and his cronies played…THE RACE CARD! The housing bubble is what led to the downfall and that was driven by Democrats, starting with Jimmy Carter and hugely expanded by Bill Clinton. Here are the facts, once again, for you to ignore….

HUD TO FIGHT DISCRIMINATION, BOOST MINORITY HOMEOWNERSHIP AND WORK WITH URBAN LEAGUE TO FURTHER GOALS
August 5, 1997

http://www.thefreelibrary.com/HUD+to+Fight+Discrimination,+Boost+Minority+Homeownership+and+Work...-a019650647

###

New York Times - 1999
Fannie Mae Eases Credit To Aid Mortgage Lending -

Fannie Mae Eases Credit To Aid Mortgage Lending (Published 1999)

President Bush’s and the Administrations Unheeded Warnings About the Systemic Risk Posed by the GSEs – Fannie and Freddie dating back to 2001

Just the Facts: The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs

For many years the President and his Administration have not only warned of the systemic consequences of financial turmoil at a housing government-sponsored enterprise (GSE) but also put forward th…

swampie.wordpress.com

###

By Elliot Blair Smith,
USA TODAY
Fannie Mae to pay $400 million fine

Bloomberg Politics - Bloomberg

###

Franklin Raines was Director of the Office of Management and Budget under Clinton and returned to Fannie Mae as its CEO in 1999. Raines is not a “chief” economic adviser for President Barack Hussein Obama but has advised the administration on mortgage and housing matters. Obama had hired another former Fannie CEO, Jim Johnson as a member of Obama’s V.P. search committee and who was forced to quit under fire.

###

'Fannie and Freddie" are what wing nuts are blaming for the meltdown, of course they are qausi-government agency.

The numbers tell a different story, fannie-freddie had only 3% were in foreclosure while 14% of private bank sub-prime loans were.
Only 5% made by fannie-freddie loans were sub-prime, while 30% of private banks were.
Fannie and Freddie’s share of new mortgages fell from almost 55 percent in 2003 to less than 35 percent in 2006.
So, who took up the slack?

As I said, and I quote, "I fully realize that this is a worthless effort on my part since it is obvious that your mind is made up and you will not allow a scintilla of truth to enter your closed mind."

You confirm that this is true.

 

[Smokin' OP]

t wasn't an article it was an opinion piece.

Commentary by Larry Kudlow, a senior contributor at CNBC and economics editor of the National Review. Follow him on Twitter @Larry_Kudlow.

Stephen Moore is chief economist at the Heritage Foundation

COMMENTARY isn't an article....................unless it's by FOX, then it's fact.

So, naturally wing nuts blame Clinton and Carter for the mortgage crisis of 2008, it just took a decade to materialize, RIIIIIGGGHHHTT.

They ignore what Bush did.

Opinion piece or not. All articles are checked by the editor for accuracy and errors. Yes, it's CNBC--not Fox.

No they aren't, they are checked by the editors to determine if they are even going to run the commentary or not but that's it.
MOST provide a legal disclaimer at the bottom that states (paraphrasing) The contents of this article does not represent the views or opinion of the (newspaper, magazine, etc).
That protects them from legal liability.

Really?

Why didn't you mention the opinion piece was by Lawrence Kudlow and Stephen Moore, chief economist at the Heritage Foundation?

If you have a problem with his reporting, then refute it. You leftists always do the same thing over and over again: attack the source instead of the substance. So are you saying that NBC doesn't fact check the articles they publish?

It wasn't an article it was an opinion piece.

Commentary by Larry Kudlow, a senior contributor at CNBC and economics editor of the National Review. Follow him on Twitter @Larry_Kudlow.

Stephen Moore is chief economist at the Heritage Foundation

COMMENTARY isn't an article....................unless it's by FOX, then it's fact.

So, naturally wing nuts blame Clinton and Carter for the mortgage crisis of 2008, it just took a decade to materialize, RIIIIIGGGHHHTT.

They ignore what Bush did.

The signing of the American Dream Down Payment Act

I am here today because we are taking action to bring many thousands of Americans closer to owning a home. Our government is supporting homeownership because it is good for America, it is good for our families, it is good for our economy.

One of the biggest hurdles to homeownership is getting money for a down payment. This administration has recognized that, and so today I'm honored to be here to sign a law that will help many low-income buyers to overcome that hurdle, and to achieve an important part of the American Dream.


The rate of homeownership in America now stands a record high of 68.4 percent. Yet there is room for improvement. The rate of homeownership amongst minorities is below 50 percent. And that's not right, and this country needs to do something about it. We need to -- (applause.) We need to close the minority homeownership gap in America so more citizens have the satisfaction and mobility that comes from owning your own home, from owning a piece of the future of America.

Last year I set a goal to add 5.5 million new minority homeowners in America by the end of the decade. That is an attainable goal; that is an essential goal. And we're making progress toward that goal. In the past 18 months, more than 1 million minority families have become homeowners. (Applause.) And there's more that we can do to achieve the goal. The law I sign today will help us build on this progress in a very practical way.

Many people are able to afford a monthly mortgage payment, but are unable to make the down payment. So this legislation will authorize $200 million per year in down payment assistance to at least 40,000 low-income families. These funds will help American families achieve their goals, and at the same time, strengthen our communities.


Second, we need to make the home-buying process more affordable. Some of the biggest up-front costs in a home purchase are the closing costs. Sometimes they catch you by surprise. (Laughter.) Many home buyers do not have the time to shop around looking for a better deal on closing costs. You're kind of stuck with what you're presented with. And so they end up paying more than they should. So we've proposed new rules to make it easier for buyers to shop around and to compare prices on closing costs, so they can get the best deal and the best service possible.

And thirdly, we want to make buying a home simpler. Many first-time buyers look at the paperwork from a loan application, and frankly, get a little nervous about all the fine print. Those forms can be intimidating to the first-time home buyer. They can be intimidating to the second or third-time home buyer, too. (Laughter and applause.) So this administration has proposed new rules to simplify the forms home buyers and homeowners fill out when they apply for a loan or close on a mortgage.
georgewbush-whithouse.archives.gov>news

That and wing nuts repealing the Glass-Steagall act, that deregulated some regulations on banks, namely allowing banks or mortgage to sell their mortgages to wall street.

I fully realize that this is a worthless effort on my part since it is obvious that your mind is made up and you will not allow a scintilla of truth to enter your closed mind.

Regardless, just to prove you 100% wrong, here are the facts for you to assail.

HUD TO FIGHT DISCRIMINATION, BOOST MINORITY HOMEOWNERSHIP AND WORK WITH URBAN LEAGUE TO FURTHER GOALS
HUD Archives: Cuomo agrees w/Nat'l Urban League -- to Fight Housing Discrimination

###

New York Times - 1999
Fannie Mae Eases Credit To Aid Mortgage Lending -
Fannie Mae Eases Credit To Aid Mortgage Lending (Published 1999)

###

August 5, 1997
President Bush’s and the Administrations Unheeded Warnings About the Systemic Risk Posed by the GSEs – Fannie and Freddie dating back to 2001
Just the Facts: The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs

###
By Elliot Blair Smith,
USA TODAY
Fannie Mae to pay $400 million fine
Bloomberg Politics - Bloomberg

Franklin Raines was Director of the Office of Management and Budget under Clinton and returned to Fannie Mae as its CEO in 1999. Raines is not a “chief” economic adviser for President Barack Hussein Obama but has advised the administration on mortgage and housing matters. Obama had hired another former Fannie CEO, Jim Johnson as a member of Obama’s V.P. search committee and who was forced to quit under fire.

###

Bloomberg News -
How the Democrats Created the Financial Crisis -
Bloomberg Politics - Bloomberg

###

Democrats in their own words covering up the Fannie Mae, Freddie Mac


###

Timeline shows Bush, McCain warning Democrats of Financial Crisis


###

From the New York Times
New Agency Proposed to Oversee Freddie Mac and Fannie Mae
By STEPHEN LABATON
Published: September 11, 2003 WASHINGTON,

Sept. 10— The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.

The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.

The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac -- which together have issued more than $1.5 trillion in outstanding debt -- is broken. A report by outside investigators in July concluded that Freddie Mac manipulated its accounting to mislead investors, and critics have said Fannie Mae does not adequately hedge against rising interest rates.

Read more:

New Agency Proposed to Oversee Freddie Mac and Fannie Mae (Published 2003)

Bush administration proposes new agency be created within Treasury Department to assume supervision of Fannie Mae and Freddie Mac, House Financial Services Committee hearing; new agency would have authority, which now rests with Congress, to set one of two capital-reserve requirements for...

www.nytimes.com

[…]

From USNews and World Report
Barney Frank's Fannie and Freddie Muddle
By Sam Dealey
September 10, 2008

[…]

So five years ago, there was one of those rare moments in Washington when the branches and personalities of government—in this case, the Bush administration—are less interested in protecting or expanding their turf than in fixing a looming catastrophe. What was Frank's response to the proposal?

''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''

https://www.usnews.com/opinion/blogs/sam-dealey/2008/09/10/barney-franks-fannie-and-freddie-muddle

###

Wall Street Journal Barney’s Rubble – September 17, 2008

Barney's Rubble - WSJ

online.wsj.com

###

Barney Frank in 2005: What Housing Bubble?


###

Democrats Were Wrong on Fannie Mae and Freddie Mac

The White House called for tighter regulation 17 times.

https://www.usnews.com/opinion/blog...rats-were-wrong-on-fannie-mae-and-freddie-mac

###


The Bet That Blew Up Wall Street

###

All this, in addition to the repeal of the Glass-Steagall Act by President William Jefferson Clinton caused the meltdown.

It COULD have been stopped or greatly reduced. Democrats fought that every step of the way and the Republicans wilted under the barrage of being called racist and worse.

###

Duplicate of “Administrations unheeded warnings at another, maybe less credible site.

President Bush numerous calls for review on Fannie and Freddie dating back to 2001

The White House Warned Congress About Fannie Mae Freddie Mac 17 Times In 2008, Alone

The White House attempts to set the record straight: (I’m copying this post from the White House webpage in it’s entirety because I want people to read the whole thing). For many years …

nicedeb.wordpress.com

~~~~~~~~~~~~~~~~~~~~~~~~~~~

The 60 minute program on Credit Default Swaps

The Bet That Blew Up Wall Street

Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis

www.cbsnews.com

###

President Bush numerous calls for review on Fannie and Freddie dating back to 2001

The White House Warned Congress About Fannie Mae Freddie Mac 17 Times In 2008, Alone

The White House attempts to set the record straight: (I’m copying this post from the White House webpage in it’s entirety because I want people to read the whole thing). For many years …

nicedeb.wordpress.com

###
From the NY Times New Agency Proposed to Oversee FANNIE MAE
September 11, 2003

New Agency Proposed to Oversee Freddie Mac and Fannie Mae (Published 2003)

Bush administration proposes new agency be created within Treasury Department to assume supervision of Fannie Mae and Freddie Mac, House Financial Services Committee hearing; new agency would have authority, which now rests with Congress, to set one of two capital-reserve requirements for...

www.nytimes.com

###

3/9/2017

Just to remind all our FRIENDS from the far left, the responsibility for this mess lies with Jimmy Carter, Bill Clinton, Barney Frank and Chris Dodd. AND WITH REPUBLICANS for backing off every time Barney Frank and his cronies played…THE RACE CARD! The housing bubble is what led to the downfall and that was driven by Democrats, starting with Jimmy Carter and hugely expanded by Bill Clinton. Here are the facts, once again, for you to ignore….

HUD TO FIGHT DISCRIMINATION, BOOST MINORITY HOMEOWNERSHIP AND WORK WITH URBAN LEAGUE TO FURTHER GOALS
August 5, 1997

http://www.thefreelibrary.com/HUD+to+Fight+Discrimination,+Boost+Minority+Homeownership+and+Work...-a019650647

###

New York Times - 1999
Fannie Mae Eases Credit To Aid Mortgage Lending -

Fannie Mae Eases Credit To Aid Mortgage Lending (Published 1999)

President Bush’s and the Administrations Unheeded Warnings About the Systemic Risk Posed by the GSEs – Fannie and Freddie dating back to 2001

Just the Facts: The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs

For many years the President and his Administration have not only warned of the systemic consequences of financial turmoil at a housing government-sponsored enterprise (GSE) but also put forward th…

swampie.wordpress.com

###

By Elliot Blair Smith,
USA TODAY
Fannie Mae to pay $400 million fine

Bloomberg Politics - Bloomberg

###

Franklin Raines was Director of the Office of Management and Budget under Clinton and returned to Fannie Mae as its CEO in 1999. Raines is not a “chief” economic adviser for President Barack Hussein Obama but has advised the administration on mortgage and housing matters. Obama had hired another former Fannie CEO, Jim Johnson as a member of Obama’s V.P. search committee and who was forced to quit under fire.

###

'Fannie and Freddie" are what wing nuts are blaming for the meltdown, of course they are qausi-government agency.

The numbers tell a different story, fannie-freddie had only 3% were in foreclosure while 14% of private bank sub-prime loans were.
Only 5% made by fannie-freddie loans were sub-prime, while 30% of private banks were.
Fannie and Freddie’s share of new mortgages fell from almost 55 percent in 2003 to less than 35 percent in 2006.
So, who took up the slack?

As I said, and I quote, "I fully realize that this is a worthless effort on my part since it is obvious that your mind is made up and you will not allow a scintilla of truth to enter your closed mind."

You confirm that this is true.

Yep and your byline at the bottom of your post, proves it.

 

[Markle]

t wasn't an article it was an opinion piece.

Commentary by Larry Kudlow, a senior contributor at CNBC and economics editor of the National Review. Follow him on Twitter @Larry_Kudlow.

Stephen Moore is chief economist at the Heritage Foundation

COMMENTARY isn't an article....................unless it's by FOX, then it's fact.

So, naturally wing nuts blame Clinton and Carter for the mortgage crisis of 2008, it just took a decade to materialize, RIIIIIGGGHHHTT.

They ignore what Bush did.

Opinion piece or not. All articles are checked by the editor for accuracy and errors. Yes, it's CNBC--not Fox.

No they aren't, they are checked by the editors to determine if they are even going to run the commentary or not but that's it.
MOST provide a legal disclaimer at the bottom that states (paraphrasing) The contents of this article does not represent the views or opinion of the (newspaper, magazine, etc).
That protects them from legal liability.

Really?

Why didn't you mention the opinion piece was by Lawrence Kudlow and Stephen Moore, chief economist at the Heritage Foundation?

If you have a problem with his reporting, then refute it. You leftists always do the same thing over and over again: attack the source instead of the substance. So are you saying that NBC doesn't fact check the articles they publish?

It wasn't an article it was an opinion piece.

Commentary by Larry Kudlow, a senior contributor at CNBC and economics editor of the National Review. Follow him on Twitter @Larry_Kudlow.

Stephen Moore is chief economist at the Heritage Foundation

COMMENTARY isn't an article....................unless it's by FOX, then it's fact.

So, naturally wing nuts blame Clinton and Carter for the mortgage crisis of 2008, it just took a decade to materialize, RIIIIIGGGHHHTT.

They ignore what Bush did.

The signing of the American Dream Down Payment Act

I am here today because we are taking action to bring many thousands of Americans closer to owning a home. Our government is supporting homeownership because it is good for America, it is good for our families, it is good for our economy.

One of the biggest hurdles to homeownership is getting money for a down payment. This administration has recognized that, and so today I'm honored to be here to sign a law that will help many low-income buyers to overcome that hurdle, and to achieve an important part of the American Dream.


The rate of homeownership in America now stands a record high of 68.4 percent. Yet there is room for improvement. The rate of homeownership amongst minorities is below 50 percent. And that's not right, and this country needs to do something about it. We need to -- (applause.) We need to close the minority homeownership gap in America so more citizens have the satisfaction and mobility that comes from owning your own home, from owning a piece of the future of America.

Last year I set a goal to add 5.5 million new minority homeowners in America by the end of the decade. That is an attainable goal; that is an essential goal. And we're making progress toward that goal. In the past 18 months, more than 1 million minority families have become homeowners. (Applause.) And there's more that we can do to achieve the goal. The law I sign today will help us build on this progress in a very practical way.

Many people are able to afford a monthly mortgage payment, but are unable to make the down payment. So this legislation will authorize $200 million per year in down payment assistance to at least 40,000 low-income families. These funds will help American families achieve their goals, and at the same time, strengthen our communities.


Second, we need to make the home-buying process more affordable. Some of the biggest up-front costs in a home purchase are the closing costs. Sometimes they catch you by surprise. (Laughter.) Many home buyers do not have the time to shop around looking for a better deal on closing costs. You're kind of stuck with what you're presented with. And so they end up paying more than they should. So we've proposed new rules to make it easier for buyers to shop around and to compare prices on closing costs, so they can get the best deal and the best service possible.

And thirdly, we want to make buying a home simpler. Many first-time buyers look at the paperwork from a loan application, and frankly, get a little nervous about all the fine print. Those forms can be intimidating to the first-time home buyer. They can be intimidating to the second or third-time home buyer, too. (Laughter and applause.) So this administration has proposed new rules to simplify the forms home buyers and homeowners fill out when they apply for a loan or close on a mortgage.
georgewbush-whithouse.archives.gov>news

That and wing nuts repealing the Glass-Steagall act, that deregulated some regulations on banks, namely allowing banks or mortgage to sell their mortgages to wall street.

I fully realize that this is a worthless effort on my part since it is obvious that your mind is made up and you will not allow a scintilla of truth to enter your closed mind.

Regardless, just to prove you 100% wrong, here are the facts for you to assail.

HUD TO FIGHT DISCRIMINATION, BOOST MINORITY HOMEOWNERSHIP AND WORK WITH URBAN LEAGUE TO FURTHER GOALS
HUD Archives: Cuomo agrees w/Nat'l Urban League -- to Fight Housing Discrimination

###

New York Times - 1999
Fannie Mae Eases Credit To Aid Mortgage Lending -
Fannie Mae Eases Credit To Aid Mortgage Lending (Published 1999)

###

August 5, 1997
President Bush’s and the Administrations Unheeded Warnings About the Systemic Risk Posed by the GSEs – Fannie and Freddie dating back to 2001
Just the Facts: The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs

###
By Elliot Blair Smith,
USA TODAY
Fannie Mae to pay $400 million fine
Bloomberg Politics - Bloomberg

Franklin Raines was Director of the Office of Management and Budget under Clinton and returned to Fannie Mae as its CEO in 1999. Raines is not a “chief” economic adviser for President Barack Hussein Obama but has advised the administration on mortgage and housing matters. Obama had hired another former Fannie CEO, Jim Johnson as a member of Obama’s V.P. search committee and who was forced to quit under fire.

###

Bloomberg News -
How the Democrats Created the Financial Crisis -
Bloomberg Politics - Bloomberg

###

Democrats in their own words covering up the Fannie Mae, Freddie Mac


###

Timeline shows Bush, McCain warning Democrats of Financial Crisis


###

From the New York Times
New Agency Proposed to Oversee Freddie Mac and Fannie Mae
By STEPHEN LABATON
Published: September 11, 2003 WASHINGTON,

Sept. 10— The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.

The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.

The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac -- which together have issued more than $1.5 trillion in outstanding debt -- is broken. A report by outside investigators in July concluded that Freddie Mac manipulated its accounting to mislead investors, and critics have said Fannie Mae does not adequately hedge against rising interest rates.

Read more:

New Agency Proposed to Oversee Freddie Mac and Fannie Mae (Published 2003)

Bush administration proposes new agency be created within Treasury Department to assume supervision of Fannie Mae and Freddie Mac, House Financial Services Committee hearing; new agency would have authority, which now rests with Congress, to set one of two capital-reserve requirements for...

www.nytimes.com

[…]

From USNews and World Report
Barney Frank's Fannie and Freddie Muddle
By Sam Dealey
September 10, 2008

[…]

So five years ago, there was one of those rare moments in Washington when the branches and personalities of government—in this case, the Bush administration—are less interested in protecting or expanding their turf than in fixing a looming catastrophe. What was Frank's response to the proposal?

''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''

https://www.usnews.com/opinion/blogs/sam-dealey/2008/09/10/barney-franks-fannie-and-freddie-muddle

###

Wall Street Journal Barney’s Rubble – September 17, 2008

Barney's Rubble - WSJ

online.wsj.com

###

Barney Frank in 2005: What Housing Bubble?


###

Democrats Were Wrong on Fannie Mae and Freddie Mac

The White House called for tighter regulation 17 times.

https://www.usnews.com/opinion/blog...rats-were-wrong-on-fannie-mae-and-freddie-mac

###


The Bet That Blew Up Wall Street

###

All this, in addition to the repeal of the Glass-Steagall Act by President William Jefferson Clinton caused the meltdown.

It COULD have been stopped or greatly reduced. Democrats fought that every step of the way and the Republicans wilted under the barrage of being called racist and worse.

###

Duplicate of “Administrations unheeded warnings at another, maybe less credible site.

President Bush numerous calls for review on Fannie and Freddie dating back to 2001

The White House Warned Congress About Fannie Mae Freddie Mac 17 Times In 2008, Alone

The White House attempts to set the record straight: (I’m copying this post from the White House webpage in it’s entirety because I want people to read the whole thing). For many years …

nicedeb.wordpress.com

~~~~~~~~~~~~~~~~~~~~~~~~~~~

The 60 minute program on Credit Default Swaps

The Bet That Blew Up Wall Street

Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis

www.cbsnews.com

###

President Bush numerous calls for review on Fannie and Freddie dating back to 2001

The White House Warned Congress About Fannie Mae Freddie Mac 17 Times In 2008, Alone

The White House attempts to set the record straight: (I’m copying this post from the White House webpage in it’s entirety because I want people to read the whole thing). For many years …

nicedeb.wordpress.com

###
From the NY Times New Agency Proposed to Oversee FANNIE MAE
September 11, 2003

New Agency Proposed to Oversee Freddie Mac and Fannie Mae (Published 2003)

Bush administration proposes new agency be created within Treasury Department to assume supervision of Fannie Mae and Freddie Mac, House Financial Services Committee hearing; new agency would have authority, which now rests with Congress, to set one of two capital-reserve requirements for...

www.nytimes.com

###

3/9/2017

Just to remind all our FRIENDS from the far left, the responsibility for this mess lies with Jimmy Carter, Bill Clinton, Barney Frank and Chris Dodd. AND WITH REPUBLICANS for backing off every time Barney Frank and his cronies played…THE RACE CARD! The housing bubble is what led to the downfall and that was driven by Democrats, starting with Jimmy Carter and hugely expanded by Bill Clinton. Here are the facts, once again, for you to ignore….

HUD TO FIGHT DISCRIMINATION, BOOST MINORITY HOMEOWNERSHIP AND WORK WITH URBAN LEAGUE TO FURTHER GOALS
August 5, 1997

http://www.thefreelibrary.com/HUD+to+Fight+Discrimination,+Boost+Minority+Homeownership+and+Work...-a019650647

###

New York Times - 1999
Fannie Mae Eases Credit To Aid Mortgage Lending -

Fannie Mae Eases Credit To Aid Mortgage Lending (Published 1999)

President Bush’s and the Administrations Unheeded Warnings About the Systemic Risk Posed by the GSEs – Fannie and Freddie dating back to 2001

Just the Facts: The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs

For many years the President and his Administration have not only warned of the systemic consequences of financial turmoil at a housing government-sponsored enterprise (GSE) but also put forward th…

swampie.wordpress.com

###

By Elliot Blair Smith,
USA TODAY
Fannie Mae to pay $400 million fine

Bloomberg Politics - Bloomberg

###

Franklin Raines was Director of the Office of Management and Budget under Clinton and returned to Fannie Mae as its CEO in 1999. Raines is not a “chief” economic adviser for President Barack Hussein Obama but has advised the administration on mortgage and housing matters. Obama had hired another former Fannie CEO, Jim Johnson as a member of Obama’s V.P. search committee and who was forced to quit under fire.

###

'Fannie and Freddie" are what wing nuts are blaming for the meltdown, of course they are qausi-government agency.

The numbers tell a different story, fannie-freddie had only 3% were in foreclosure while 14% of private bank sub-prime loans were.
Only 5% made by fannie-freddie loans were sub-prime, while 30% of private banks were.
Fannie and Freddie’s share of new mortgages fell from almost 55 percent in 2003 to less than 35 percent in 2006.
So, who took up the slack?

As I said, and I quote, "I fully realize that this is a worthless effort on my part since it is obvious that your mind is made up and you will not allow a scintilla of truth to enter your closed mind."

You confirm that this is true.

Yep and your byline at the bottom of your post, proves it.

byline
[ˈbīˌlīn]

NOUN

1. a line in a newspaper naming the writer of an article.

Perhaps you should not use words with more than one syllable. They confuse you. You appear to be making an effort to appear more intelligent than others by using big words.

I'll take a wild guess and say you were criticizing my SIGNATURE. Which of the points I made can you prove to be a lie?

 

[dudmuck]

We shall see.

ArcGIS Dashboards

ArcGIS Dashboards

txdshs.maps.arcgis.com

In about 3 weeks.

The same in Miss. Although I'm not really sure the ending the mask mandate will really do much. The more urban areas still have them, and there restaurants are not fully open. And in those places where things will "relax" people were pretty much refusing anyway. Imo Ala was more responsible. Waiting 5-6 weeks will mean that everyone who gets vaccinated in the next 3 weeks along with those already vaccinated will not be spreading

 

[danielpalos]

No excuse for not ramping up gas production in this red State!

 

[Smokin' OP]

t wasn't an article it was an opinion piece.

Commentary by Larry Kudlow, a senior contributor at CNBC and economics editor of the National Review. Follow him on Twitter @Larry_Kudlow.

Stephen Moore is chief economist at the Heritage Foundation

COMMENTARY isn't an article....................unless it's by FOX, then it's fact.

So, naturally wing nuts blame Clinton and Carter for the mortgage crisis of 2008, it just took a decade to materialize, RIIIIIGGGHHHTT.

They ignore what Bush did.

Opinion piece or not. All articles are checked by the editor for accuracy and errors. Yes, it's CNBC--not Fox.

No they aren't, they are checked by the editors to determine if they are even going to run the commentary or not but that's it.
MOST provide a legal disclaimer at the bottom that states (paraphrasing) The contents of this article does not represent the views or opinion of the (newspaper, magazine, etc).
That protects them from legal liability.

Really?

Why didn't you mention the opinion piece was by Lawrence Kudlow and Stephen Moore, chief economist at the Heritage Foundation?

If you have a problem with his reporting, then refute it. You leftists always do the same thing over and over again: attack the source instead of the substance. So are you saying that NBC doesn't fact check the articles they publish?

It wasn't an article it was an opinion piece.

Commentary by Larry Kudlow, a senior contributor at CNBC and economics editor of the National Review. Follow him on Twitter @Larry_Kudlow.

Stephen Moore is chief economist at the Heritage Foundation

COMMENTARY isn't an article....................unless it's by FOX, then it's fact.

So, naturally wing nuts blame Clinton and Carter for the mortgage crisis of 2008, it just took a decade to materialize, RIIIIIGGGHHHTT.

They ignore what Bush did.

The signing of the American Dream Down Payment Act

I am here today because we are taking action to bring many thousands of Americans closer to owning a home. Our government is supporting homeownership because it is good for America, it is good for our families, it is good for our economy.

One of the biggest hurdles to homeownership is getting money for a down payment. This administration has recognized that, and so today I'm honored to be here to sign a law that will help many low-income buyers to overcome that hurdle, and to achieve an important part of the American Dream.


The rate of homeownership in America now stands a record high of 68.4 percent. Yet there is room for improvement. The rate of homeownership amongst minorities is below 50 percent. And that's not right, and this country needs to do something about it. We need to -- (applause.) We need to close the minority homeownership gap in America so more citizens have the satisfaction and mobility that comes from owning your own home, from owning a piece of the future of America.

Last year I set a goal to add 5.5 million new minority homeowners in America by the end of the decade. That is an attainable goal; that is an essential goal. And we're making progress toward that goal. In the past 18 months, more than 1 million minority families have become homeowners. (Applause.) And there's more that we can do to achieve the goal. The law I sign today will help us build on this progress in a very practical way.

Many people are able to afford a monthly mortgage payment, but are unable to make the down payment. So this legislation will authorize $200 million per year in down payment assistance to at least 40,000 low-income families. These funds will help American families achieve their goals, and at the same time, strengthen our communities.


Second, we need to make the home-buying process more affordable. Some of the biggest up-front costs in a home purchase are the closing costs. Sometimes they catch you by surprise. (Laughter.) Many home buyers do not have the time to shop around looking for a better deal on closing costs. You're kind of stuck with what you're presented with. And so they end up paying more than they should. So we've proposed new rules to make it easier for buyers to shop around and to compare prices on closing costs, so they can get the best deal and the best service possible.

And thirdly, we want to make buying a home simpler. Many first-time buyers look at the paperwork from a loan application, and frankly, get a little nervous about all the fine print. Those forms can be intimidating to the first-time home buyer. They can be intimidating to the second or third-time home buyer, too. (Laughter and applause.) So this administration has proposed new rules to simplify the forms home buyers and homeowners fill out when they apply for a loan or close on a mortgage.
georgewbush-whithouse.archives.gov>news

That and wing nuts repealing the Glass-Steagall act, that deregulated some regulations on banks, namely allowing banks or mortgage to sell their mortgages to wall street.

I fully realize that this is a worthless effort on my part since it is obvious that your mind is made up and you will not allow a scintilla of truth to enter your closed mind.

Regardless, just to prove you 100% wrong, here are the facts for you to assail.

HUD TO FIGHT DISCRIMINATION, BOOST MINORITY HOMEOWNERSHIP AND WORK WITH URBAN LEAGUE TO FURTHER GOALS
HUD Archives: Cuomo agrees w/Nat'l Urban League -- to Fight Housing Discrimination

###

New York Times - 1999
Fannie Mae Eases Credit To Aid Mortgage Lending -
Fannie Mae Eases Credit To Aid Mortgage Lending (Published 1999)

###

August 5, 1997
President Bush’s and the Administrations Unheeded Warnings About the Systemic Risk Posed by the GSEs – Fannie and Freddie dating back to 2001
Just the Facts: The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs

###
By Elliot Blair Smith,
USA TODAY
Fannie Mae to pay $400 million fine
Bloomberg Politics - Bloomberg

Franklin Raines was Director of the Office of Management and Budget under Clinton and returned to Fannie Mae as its CEO in 1999. Raines is not a “chief” economic adviser for President Barack Hussein Obama but has advised the administration on mortgage and housing matters. Obama had hired another former Fannie CEO, Jim Johnson as a member of Obama’s V.P. search committee and who was forced to quit under fire.

###

Bloomberg News -
How the Democrats Created the Financial Crisis -
Bloomberg Politics - Bloomberg

###

Democrats in their own words covering up the Fannie Mae, Freddie Mac


###

Timeline shows Bush, McCain warning Democrats of Financial Crisis


###

From the New York Times
New Agency Proposed to Oversee Freddie Mac and Fannie Mae
By STEPHEN LABATON
Published: September 11, 2003 WASHINGTON,

Sept. 10— The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.

The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.

The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac -- which together have issued more than $1.5 trillion in outstanding debt -- is broken. A report by outside investigators in July concluded that Freddie Mac manipulated its accounting to mislead investors, and critics have said Fannie Mae does not adequately hedge against rising interest rates.

Read more:

New Agency Proposed to Oversee Freddie Mac and Fannie Mae (Published 2003)

Bush administration proposes new agency be created within Treasury Department to assume supervision of Fannie Mae and Freddie Mac, House Financial Services Committee hearing; new agency would have authority, which now rests with Congress, to set one of two capital-reserve requirements for...

www.nytimes.com

[…]

From USNews and World Report
Barney Frank's Fannie and Freddie Muddle
By Sam Dealey
September 10, 2008

[…]

So five years ago, there was one of those rare moments in Washington when the branches and personalities of government—in this case, the Bush administration—are less interested in protecting or expanding their turf than in fixing a looming catastrophe. What was Frank's response to the proposal?

''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''

https://www.usnews.com/opinion/blogs/sam-dealey/2008/09/10/barney-franks-fannie-and-freddie-muddle

###

Wall Street Journal Barney’s Rubble – September 17, 2008

Barney's Rubble - WSJ

online.wsj.com

###

Barney Frank in 2005: What Housing Bubble?


###

Democrats Were Wrong on Fannie Mae and Freddie Mac

The White House called for tighter regulation 17 times.

https://www.usnews.com/opinion/blog...rats-were-wrong-on-fannie-mae-and-freddie-mac

###


The Bet That Blew Up Wall Street

###

All this, in addition to the repeal of the Glass-Steagall Act by President William Jefferson Clinton caused the meltdown.

It COULD have been stopped or greatly reduced. Democrats fought that every step of the way and the Republicans wilted under the barrage of being called racist and worse.

###

Duplicate of “Administrations unheeded warnings at another, maybe less credible site.

President Bush numerous calls for review on Fannie and Freddie dating back to 2001

The White House Warned Congress About Fannie Mae Freddie Mac 17 Times In 2008, Alone

The White House attempts to set the record straight: (I’m copying this post from the White House webpage in it’s entirety because I want people to read the whole thing). For many years …

nicedeb.wordpress.com

~~~~~~~~~~~~~~~~~~~~~~~~~~~

The 60 minute program on Credit Default Swaps

The Bet That Blew Up Wall Street

Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis

www.cbsnews.com

###

President Bush numerous calls for review on Fannie and Freddie dating back to 2001

The White House Warned Congress About Fannie Mae Freddie Mac 17 Times In 2008, Alone

The White House attempts to set the record straight: (I’m copying this post from the White House webpage in it’s entirety because I want people to read the whole thing). For many years …

nicedeb.wordpress.com

###
From the NY Times New Agency Proposed to Oversee FANNIE MAE
September 11, 2003

New Agency Proposed to Oversee Freddie Mac and Fannie Mae (Published 2003)

Bush administration proposes new agency be created within Treasury Department to assume supervision of Fannie Mae and Freddie Mac, House Financial Services Committee hearing; new agency would have authority, which now rests with Congress, to set one of two capital-reserve requirements for...

www.nytimes.com

###

3/9/2017

Just to remind all our FRIENDS from the far left, the responsibility for this mess lies with Jimmy Carter, Bill Clinton, Barney Frank and Chris Dodd. AND WITH REPUBLICANS for backing off every time Barney Frank and his cronies played…THE RACE CARD! The housing bubble is what led to the downfall and that was driven by Democrats, starting with Jimmy Carter and hugely expanded by Bill Clinton. Here are the facts, once again, for you to ignore….

HUD TO FIGHT DISCRIMINATION, BOOST MINORITY HOMEOWNERSHIP AND WORK WITH URBAN LEAGUE TO FURTHER GOALS
August 5, 1997

http://www.thefreelibrary.com/HUD+to+Fight+Discrimination,+Boost+Minority+Homeownership+and+Work...-a019650647

###

New York Times - 1999
Fannie Mae Eases Credit To Aid Mortgage Lending -

Fannie Mae Eases Credit To Aid Mortgage Lending (Published 1999)

President Bush’s and the Administrations Unheeded Warnings About the Systemic Risk Posed by the GSEs – Fannie and Freddie dating back to 2001

Just the Facts: The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs

For many years the President and his Administration have not only warned of the systemic consequences of financial turmoil at a housing government-sponsored enterprise (GSE) but also put forward th…

swampie.wordpress.com

###

By Elliot Blair Smith,
USA TODAY
Fannie Mae to pay $400 million fine

Bloomberg Politics - Bloomberg

###

Franklin Raines was Director of the Office of Management and Budget under Clinton and returned to Fannie Mae as its CEO in 1999. Raines is not a “chief” economic adviser for President Barack Hussein Obama but has advised the administration on mortgage and housing matters. Obama had hired another former Fannie CEO, Jim Johnson as a member of Obama’s V.P. search committee and who was forced to quit under fire.

###

'Fannie and Freddie" are what wing nuts are blaming for the meltdown, of course they are qausi-government agency.

The numbers tell a different story, fannie-freddie had only 3% were in foreclosure while 14% of private bank sub-prime loans were.
Only 5% made by fannie-freddie loans were sub-prime, while 30% of private banks were.
Fannie and Freddie’s share of new mortgages fell from almost 55 percent in 2003 to less than 35 percent in 2006.
So, who took up the slack?

As I said, and I quote, "I fully realize that this is a worthless effort on my part since it is obvious that your mind is made up and you will not allow a scintilla of truth to enter your closed mind."

You confirm that this is true.

Yep and your byline at the bottom of your post, proves it.

byline
[ˈbīˌlīn]

NOUN

1. a line in a newspaper naming the writer of an article.

Perhaps you should not use words with more than one syllable. They confuse you. You appear to be making an effort to appear more intelligent than others by using big words.

I'll take a wild guess and say you were criticizing my SIGNATURE. Which of the points I made can you prove to be a lie?

That's is the definition, could have called it your manifesto.
A manifesto is a published declaration of the intentions, motives, or views of the issuer, be it an individual, group, political party or government.
A manifesto usually accepts a previously published opinion or public consensus or promotes a new idea with prescriptive notions for carrying out changes the author believes should be made. It often is political or artistic in nature, but may present an individual's life stance. Manifestos relating to religious belief are generally referred to as creeds.

But, I was being nice.

 

[AFrench2]

We are open as of today here in Texas

 

[edthecynic]

If there was no lockdowns we would be better off now.

If there was no Tramp we would have been better off yesterday.

 

[edthecynic]

She is the best of our conservative leaders

S Dakota has the 8th highest death rate.
Good job Kristi!

Linkie? Lyin' Fuck.

I never lie you worthless lying scum America-hating POS!

United States COVID - Coronavirus Statistics - Worldometer

United States Coronavirus update with statistics and graphs: total and new cases, deaths per day, mortality and recovery rates, current active cases, recoveries, trends and timeline.

www.worldometers.info

#	USA State	Total Cases	New Cases	Total Deaths	New Deaths	Total Recovered	Active Cases	Tot Cases/ 1M pop	Deaths/ 1M pop	Total Tests	Tests/ 1M pop	Population	Source	Projections
1	New Jersey	795,785	+3,289	23,321	+48	537,304	235,160	89,593	2,626	10,690,625	1,203,602	8,882,190	[view by county] [1]	[projections]
2	New York	1,693,542	+6,099	48,040	+91	766,563	878,939	87,056	2,469	38,409,107	1,974,400	19,453,561	[view by county] [1] [2] [3]	[projections]
3	Rhode Island	126,849	+261	2,525	+8	7,780	116,544	119,741	2,384	3,022,306	2,852,952	1,059,361	[1] [2]	[projections]
4	Massachusetts	582,844	+1,164	16,182	+38	537,795	28,867	84,562	2,348	16,317,937	2,367,491	6,892,503	[1]	[projections]
5	Mississippi	295,295	+301	6,724	+43	273,437	15,134	99,221	2,259	2,472,673	830,830	2,976,149	[1] [2] [3]	[projections]
6	Arizona	818,670	+849	16,060	+81	114,855	687,755	112,474	2,206	4,210,980	578,533	7,278,717	[1]	[projections]
7	Connecticut	283,128	+502	7,658	+7	107,218	168,252	79,412	2,148	6,804,929	1,908,662	3,565,287	[1] [2]	[projections]
8	South Dakota	112,652	+182	1,888		108,789	1,975	127,339	2,134

HaHa, nice try moron--this is from your link about 5 mins ago. It says 41 and isn't two weeks old. Lefty Liar.
View attachment 463561

She is the best of our conservative leaders

S Dakota has the 8th highest death rate.
Good job Kristi!

Linkie? Lyin' Fuck.

I never lie you worthless lying scum America-hating POS!

United States COVID - Coronavirus Statistics - Worldometer

United States Coronavirus update with statistics and graphs: total and new cases, deaths per day, mortality and recovery rates, current active cases, recoveries, trends and timeline.

www.worldometers.info

#	USA State	Total Cases	New Cases	Total Deaths	New Deaths	Total Recovered	Active Cases	Tot Cases/ 1M pop	Deaths/ 1M pop	Total Tests	Tests/ 1M pop	Population	Source	Projections
1	New Jersey	795,785	+3,289	23,321	+48	537,304	235,160	89,593	2,626	10,690,625	1,203,602	8,882,190	[view by county] [1]	[projections]
2	New York	1,693,542	+6,099	48,040	+91	766,563	878,939	87,056	2,469	38,409,107	1,974,400	19,453,561	[view by county] [1] [2] [3]	[projections]
3	Rhode Island	126,849	+261	2,525	+8	7,780	116,544	119,741	2,384	3,022,306	2,852,952	1,059,361	[1] [2]	[projections]
4	Massachusetts	582,844	+1,164	16,182	+38	537,795	28,867	84,562	2,348	16,317,937	2,367,491	6,892,503	[1]	[projections]
5	Mississippi	295,295	+301	6,724	+43	273,437	15,134	99,221	2,259	2,472,673	830,830	2,976,149	[1] [2] [3]	[projections]
6	Arizona	818,670	+849	16,060	+81	114,855	687,755	112,474	2,206	4,210,980	578,533	7,278,717	[1]	[projections]
7	Connecticut	283,128	+502	7,658	+7	107,218	168,252	79,412	2,148	6,804,929	1,908,662	3,565,287	[1] [2]	[projections]
8	South Dakota	112,652	+182	1,888		108,789	1,975	127,339	2,134

HaHa, nice try moron--this is from your link about 5 mins ago. It says 41 and isn't two weeks old. Lefty Liar.
View attachment 463561

That is TOTAL CASES you STUPID . In the death RATE per capita they are #8.
Go to the death rate per 1M population and click on it so it arranges the column in descending order and see what you get.
No wonder Tramp loves the STUPID!

I don't have time for a moron's circular argument. If you compare the two tables they have the same numbers except ranking it is your table you stupid fuck. You're cancelled.

In cases per 1 million S Dakota is #2.
Good job Kristi!

 

[edthecynic]

The seeds of the mortgage meltdown were planted during Bill Clinton’s presidency.

Under Clinton’s Housing and Urban Development (HUD) secretary, Andrew Cuomo, Community Reinvestment Act regulators gave banks higher ratings for home loans made in “credit-deprived” areas. Banks were effectively rewarded for throwing out sound underwriting standards and writing loans to those who were at high risk of defaulting. If banks didn’t comply with these rules, regulators reined in their ability to expand lending and deposits.

Pure lying BULLSHIT!
the CRA only gave loans to QUALIFIED borrowers. But to racist scum like you, no minority is ever qualified for a loan.

 

[edthecynic]

These new HUD rules lowered down payments from the traditional 20 percent to 3 percent by 1995 and zero down-payments by 2000.

LIAR!
Zero downpayments for people with bad credit started under BUSH, but lying scum like YOU knew that already.started

 

[edthecynic]

Are the Clintons the real housing crash villains?

Before Hillary rewrites history, let's look at how the Clintons contributed to the Great Recession, write Larry Kudlow and Stephen Moore.

www.cnbc.com

Don't complain about the source either. It's one of your very own.

Larry Kudblow and Stephen Moore are hardly one of my own, you worthless lying scum POS! They are Tromp NAZIS all the way!

 

[Wyatt earp]

We are open as of today here in Texas

People dying yet?

 

[jknowgood]

If there was no lockdowns we would be better off now.

If there was no Tramp we would have been better off yesterday.

Obama gave us Trump the first time and Biden will bring him to us a second time.

 

[Bootney Lee Farnsworth]

The seeds of the mortgage meltdown were planted during Bill Clinton’s presidency.

Under Clinton’s Housing and Urban Development (HUD) secretary, Andrew Cuomo, Community Reinvestment Act regulators gave banks higher ratings for home loans made in “credit-deprived” areas. Banks were effectively rewarded for throwing out sound underwriting standards and writing loans to those who were at high risk of defaulting. If banks didn’t comply with these rules, regulators reined in their ability to expand lending and deposits.

Pure lying BULLSHIT!
the CRA only gave loans to QUALIFIED borrowers. But to racist scum like you, no minority is ever qualified for a loan.

The 2008 housing crisis sorta proved it to be true, didn't it, you whiney little kuuunt?

I would have no problem, and feel ZERO remorse in shooting the next motherfucker who tries to pull the race card. I would gleefully shoot them right in the forehead and FUCK THE BRAIN WHOLE!!!

 

[candycorn]

Did they ever fix the power grid issues? Of course not. Anything to change the subject from the failures of the GOP.

 

[Bootney Lee Farnsworth]

Did they ever fix the power grid issues? Of course not. Anything to change the subject from the failures of the GOP.

Yes. More fossil fuels and nuke. Less cocksucking bullshit.

Next.

 

[Ray From Cleveland]

Did they ever fix the power grid issues? Of course not. Anything to change the subject from the failures of the GOP.

It wasn't Mayors of Texas asking their citizens to not use their toaster so they didn't have a rolling blackout. That was in California.

 

[Ray From Cleveland]

LIAR!
Zero downpayments for people with bad credit started under BUSH, but lying scum like YOU knew that already.started

Read my link. It states otherwise.

 

[edthecynic]

All .03% of them.

You are off by a factor of 100, no surprise there Trunptards can't do simple arithmetic.

Link...

United States COVID - Coronavirus Statistics - Worldometer

United States Coronavirus update with statistics and graphs: total and new cases, deaths per day, mortality and recovery rates, current active cases, recoveries, trends and timeline.

www.worldometers.info

Cases which had an outcome:

20,549,683 (97%) Recovered / Discharged

540,585 (3%) Deaths