The mid terms and whats at stake. Remember when Pelosi and the democrats won midterms.What happened?

[Theowl32]

The republicans had control of the House and Senate from 1995 to 2006. Take a look at what the economy did during that time. That included when liberal heroes destroyed America and the financial district of the world in NY on 911. Yes, they cheered as ALL of those "little Eichmans" were killed, didn't they? Yeah, they sure did.

Anyway, the unemployment rate had dropped to 4.6 percent, and the economy was finally really recovering following that devastating attack that the liberals cheered over.

However, the main stream beloved media convinced America things were horrible. Things were actually going quite well. The Dow Jones had climbed to over 14,000 (highest it had ever been.) As a result of main stream propaganda, Pelosi and democrats took over the HOUSE AND SENATE in 2007.

What did the economy do while the democrats controlled the purse strings and it rather obvious that the democrats would win the White House in 2008? What did the economy do from 2007 to 2010?

WHAT!?!?!?!!?!

If you think the democrat congress would not gladly sabotage the ECONOMY and this COUNTRY in order to ensure Trump is a faliure, then you are nuts. Why is it you suppose the democrats ignored ALL 18 warnings in 2008 about the bubble?

2007

July: Two Bear Stearns hedge funds invested in mortgage securities collapse.

August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac, saying "first things first when it comes to those two institutions. Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options." (President George W. Bush, Press Conference, The White House, 8/9/07)

September: RealtyTrac announces foreclosure filings up 243,000 in August – up 115 percent from the year before.

September: Single-family existing home sales decreases 7.5 percent from the previous month – the lowest level in nine years. Median sale price of existing homes fell six percent from the year before.

December: President Bush again warns Congress of the need to pass legislation reforming GSEs, saying "These institutions provide liquidity in the mortgage market that benefits millions of homeowners, and it is vital they operate safely and operate soundly. So I've called on Congress to pass legislation that strengthens independent regulation of the GSEs – and ensures they focus on their important housing mission. The GSE reform bill passed by the House earlier this year is a good start. But the Senate has not acted. And the United States Senate needs to pass this legislation soon." (President George W. Bush, Discusses Housing, The White House, 12/6/07)

2008

January: Bank of America announces it will buy Countrywide.

January: Citigroup announces mortgage portfolio lost $18.1 billion in value.

February: Assistant Secretary David Nason reiterates the urgency of reforms, says "A new regulatory structure for the housing GSEs is essential if these entities are to continue to perform their public mission successfully." (David Nason, Testimony On Reforming GSE Regulation, Senate Committee On Banking, Housing And Urban Affairs, 2/7/08)

March: Bear Stearns announces it will sell itself to JPMorgan Chase.

March: President Bush calls on Congress to take action and "move forward with reforms on Fannie Mae and Freddie Mac. They need to continue to modernize the FHA, as well as allow State housing agencies to issue tax-free bonds to homeowners to refinance their mortgages." (President George W. Bush, Remarks To The Economic Club Of New York, New York, NY, 3/14/08)

April: President Bush urges Congress to pass the much needed legislation and "modernize Fannie Mae and Freddie Mac. [There are] constructive things Congress can do that will encourage the housing market to correct quickly by … helping people stay in their homes." (President George W. Bush, Meeting With Cabinet, the White House, 4/14/08)

May: President Bush issues several pleas to Congress to pass legislation reforming Fannie Mae and Freddie Mac before the situation deteriorates further.

• "Americans are concerned about making their mortgage payments and keeping their homes. Yet Congress has failed to pass legislation I have repeatedly requested to modernize the Federal Housing Administration that will help more families stay in their homes, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance sub-prime loans." (President George W. Bush, Radio Address, 5/3/08)
  
  
• "[T]he government ought to be helping creditworthy people stay in their homes. And one way we can do that – and Congress is making progress on this – is the reform of Fannie Mae and Freddie Mac. That reform will come with a strong, independent regulator." (President George W. Bush, Meeting With The Secretary Of The Treasury, the White House, 5/19/08)
  
  
• "Congress needs to pass legislation to modernize the Federal Housing Administration, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance subprime loans." (President George W. Bush, Radio Address, 5/31/08)
  

June: As foreclosure rates continued to rise in the first quarter, the President once again asks Congress to take the necessary measures to address this challenge, saying "we need to pass legislation to reform Fannie Mae and Freddie Mac." (President George W. Bush, Remarks At Swearing In Ceremony For Secretary Of Housing And Urban Development, Washington, D.C., 6/6/08)

July: Congress heeds the President's call for action and passes reform of Fannie Mae and Freddie Mac as it becomes clear that the institutions are failing.

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

This midterm is so important to the world globalists. Trust this. If the democrats (american hating losers) win, the economy will tank.

As it is, to this day the world believes the housing bubble and recession of 2008 was the fault of republican policies. Yet, it they never acknowledge who signed the Commodity Futures Modernization Act which exempted default swaps from regulation.

They also do not know or care who rewrote the Community Reinvestment Act which put real pressure on our banks to lend to low income housing in low income neighborhoods. Nor, do they care who headed up Fannie and Freddie.

All they know, with the help of our beloved media is Bush was president. They were aiming at a SUPER MAJORITY.

WHAT HAPPENED TO THE ECONOMY FROM 2007 TO 2010?

 

[DOTR]

When Bush warned of the problem Fannie Mae would lead to The Democrats said it was because republicans hated black people.

Watch Democrat incompetence as they swear there is no looming problem in the housing market.

 

[TheOldSchool]

The republicans had control of the House and Senate from 1995 to 2006. Take a look at what the economy did during that time. That included when liberal heroes destroyed America and the financial district of the world in NY on 911. Yes, they cheered as ALL of those "little Eichmans" were killed, didn't they? Yeah, they sure did.

Anyway, the unemployment rate had dropped to 4.6 percent, and the economy was finally really recovering following that devastating attack that the liberals cheered over.

However, the main stream beloved media convinced America things were horrible. Things were actually going quite well. The Dow Jones had climbed to over 14,000 (highest it had ever been.) As a result of main stream propaganda, Pelosi and democrats took over the HOUSE AND SENATE in 2007.

What did the economy do while the democrats controlled the purse strings and it rather obvious that the democrats would win the White House in 2008? What did the economy do from 2007 to 2010?

WHAT!?!?!?!!?!

If you think the democrat congress would not gladly sabotage the ECONOMY and this COUNTRY in order to ensure Trump is a faliure, then you are nuts. Why is it you suppose the democrats ignored ALL 18 warnings in 2008 about the bubble?

2007

July: Two Bear Stearns hedge funds invested in mortgage securities collapse.

August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac, saying "first things first when it comes to those two institutions. Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options." (President George W. Bush, Press Conference, The White House, 8/9/07)

September: RealtyTrac announces foreclosure filings up 243,000 in August – up 115 percent from the year before.

September: Single-family existing home sales decreases 7.5 percent from the previous month – the lowest level in nine years. Median sale price of existing homes fell six percent from the year before.

December: President Bush again warns Congress of the need to pass legislation reforming GSEs, saying "These institutions provide liquidity in the mortgage market that benefits millions of homeowners, and it is vital they operate safely and operate soundly. So I've called on Congress to pass legislation that strengthens independent regulation of the GSEs – and ensures they focus on their important housing mission. The GSE reform bill passed by the House earlier this year is a good start. But the Senate has not acted. And the United States Senate needs to pass this legislation soon." (President George W. Bush, Discusses Housing, The White House, 12/6/07)

2008

January: Bank of America announces it will buy Countrywide.

January: Citigroup announces mortgage portfolio lost $18.1 billion in value.

February: Assistant Secretary David Nason reiterates the urgency of reforms, says "A new regulatory structure for the housing GSEs is essential if these entities are to continue to perform their public mission successfully." (David Nason, Testimony On Reforming GSE Regulation, Senate Committee On Banking, Housing And Urban Affairs, 2/7/08)

March: Bear Stearns announces it will sell itself to JPMorgan Chase.

March: President Bush calls on Congress to take action and "move forward with reforms on Fannie Mae and Freddie Mac. They need to continue to modernize the FHA, as well as allow State housing agencies to issue tax-free bonds to homeowners to refinance their mortgages." (President George W. Bush, Remarks To The Economic Club Of New York, New York, NY, 3/14/08)

April: President Bush urges Congress to pass the much needed legislation and "modernize Fannie Mae and Freddie Mac. [There are] constructive things Congress can do that will encourage the housing market to correct quickly by … helping people stay in their homes." (President George W. Bush, Meeting With Cabinet, the White House, 4/14/08)

May: President Bush issues several pleas to Congress to pass legislation reforming Fannie Mae and Freddie Mac before the situation deteriorates further.

• "Americans are concerned about making their mortgage payments and keeping their homes. Yet Congress has failed to pass legislation I have repeatedly requested to modernize the Federal Housing Administration that will help more families stay in their homes, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance sub-prime loans." (President George W. Bush, Radio Address, 5/3/08)
  
  
• "[T]he government ought to be helping creditworthy people stay in their homes. And one way we can do that – and Congress is making progress on this – is the reform of Fannie Mae and Freddie Mac. That reform will come with a strong, independent regulator." (President George W. Bush, Meeting With The Secretary Of The Treasury, the White House, 5/19/08)
  
  
• "Congress needs to pass legislation to modernize the Federal Housing Administration, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance subprime loans." (President George W. Bush, Radio Address, 5/31/08)

June: As foreclosure rates continued to rise in the first quarter, the President once again asks Congress to take the necessary measures to address this challenge, saying "we need to pass legislation to reform Fannie Mae and Freddie Mac." (President George W. Bush, Remarks At Swearing In Ceremony For Secretary Of Housing And Urban Development, Washington, D.C., 6/6/08)

July: Congress heeds the President's call for action and passes reform of Fannie Mae and Freddie Mac as it becomes clear that the institutions are failing.

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

This midterm is so important to the world globalists. Trust this. If the democrats (american hating losers) win, the economy will tank.

As it is, to this day the world believes the housing bubble and recession of 2008 was the fault of republican policies. Yet, it they never acknowledge who signed the Commodity Futures Modernization Act which exempted default swaps from regulation.

They also do not know or care who rewrote the Community Reinvestment Act which put real pressure on our banks to lend to low income housing in low income neighborhoods. Nor, do they care who headed up Fannie and Freddie.

All they know, with the help of our beloved media is Bush was president. They were aiming at a SUPER MAJORITY.

WHAT HAPPENED TO THE ECONOMY FROM 2007 TO 2010?

^ perverted, disgusting horseshit

 

[S.J.]

If the Dems win a majority in either house they will do everything they can to tank the economy and obstruct EVERYTHING positive. They don't give a damn about the American people or the country in general. Only themselves and their political ambitions.

 

[Wyatt earp]

If the Dems win a majority in either house they will do everything they can to tank the economy and obstruct EVERYTHING positive. They don't give a damn about the American people or the country in general. Only themselves and their political ambitions.

They will do exactly what they did in 2007..

Nothing.

 

[Theowl32]

The republicans had control of the House and Senate from 1995 to 2006. Take a look at what the economy did during that time. That included when liberal heroes destroyed America and the financial district of the world in NY on 911. Yes, they cheered as ALL of those "little Eichmans" were killed, didn't they? Yeah, they sure did.

Anyway, the unemployment rate had dropped to 4.6 percent, and the economy was finally really recovering following that devastating attack that the liberals cheered over.

However, the main stream beloved media convinced America things were horrible. Things were actually going quite well. The Dow Jones had climbed to over 14,000 (highest it had ever been.) As a result of main stream propaganda, Pelosi and democrats took over the HOUSE AND SENATE in 2007.

What did the economy do while the democrats controlled the purse strings and it rather obvious that the democrats would win the White House in 2008? What did the economy do from 2007 to 2010?

WHAT!?!?!?!!?!

If you think the democrat congress would not gladly sabotage the ECONOMY and this COUNTRY in order to ensure Trump is a faliure, then you are nuts. Why is it you suppose the democrats ignored ALL 18 warnings in 2008 about the bubble?

2007

July: Two Bear Stearns hedge funds invested in mortgage securities collapse.

August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac, saying "first things first when it comes to those two institutions. Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options." (President George W. Bush, Press Conference, The White House, 8/9/07)

September: RealtyTrac announces foreclosure filings up 243,000 in August – up 115 percent from the year before.

September: Single-family existing home sales decreases 7.5 percent from the previous month – the lowest level in nine years. Median sale price of existing homes fell six percent from the year before.

December: President Bush again warns Congress of the need to pass legislation reforming GSEs, saying "These institutions provide liquidity in the mortgage market that benefits millions of homeowners, and it is vital they operate safely and operate soundly. So I've called on Congress to pass legislation that strengthens independent regulation of the GSEs – and ensures they focus on their important housing mission. The GSE reform bill passed by the House earlier this year is a good start. But the Senate has not acted. And the United States Senate needs to pass this legislation soon." (President George W. Bush, Discusses Housing, The White House, 12/6/07)

2008

January: Bank of America announces it will buy Countrywide.

January: Citigroup announces mortgage portfolio lost $18.1 billion in value.

February: Assistant Secretary David Nason reiterates the urgency of reforms, says "A new regulatory structure for the housing GSEs is essential if these entities are to continue to perform their public mission successfully." (David Nason, Testimony On Reforming GSE Regulation, Senate Committee On Banking, Housing And Urban Affairs, 2/7/08)

March: Bear Stearns announces it will sell itself to JPMorgan Chase.

March: President Bush calls on Congress to take action and "move forward with reforms on Fannie Mae and Freddie Mac. They need to continue to modernize the FHA, as well as allow State housing agencies to issue tax-free bonds to homeowners to refinance their mortgages." (President George W. Bush, Remarks To The Economic Club Of New York, New York, NY, 3/14/08)

April: President Bush urges Congress to pass the much needed legislation and "modernize Fannie Mae and Freddie Mac. [There are] constructive things Congress can do that will encourage the housing market to correct quickly by … helping people stay in their homes." (President George W. Bush, Meeting With Cabinet, the White House, 4/14/08)

May: President Bush issues several pleas to Congress to pass legislation reforming Fannie Mae and Freddie Mac before the situation deteriorates further.

• "Americans are concerned about making their mortgage payments and keeping their homes. Yet Congress has failed to pass legislation I have repeatedly requested to modernize the Federal Housing Administration that will help more families stay in their homes, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance sub-prime loans." (President George W. Bush, Radio Address, 5/3/08)
  
  
• "[T]he government ought to be helping creditworthy people stay in their homes. And one way we can do that – and Congress is making progress on this – is the reform of Fannie Mae and Freddie Mac. That reform will come with a strong, independent regulator." (President George W. Bush, Meeting With The Secretary Of The Treasury, the White House, 5/19/08)
  
  
• "Congress needs to pass legislation to modernize the Federal Housing Administration, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance subprime loans." (President George W. Bush, Radio Address, 5/31/08)

June: As foreclosure rates continued to rise in the first quarter, the President once again asks Congress to take the necessary measures to address this challenge, saying "we need to pass legislation to reform Fannie Mae and Freddie Mac." (President George W. Bush, Remarks At Swearing In Ceremony For Secretary Of Housing And Urban Development, Washington, D.C., 6/6/08)

July: Congress heeds the President's call for action and passes reform of Fannie Mae and Freddie Mac as it becomes clear that the institutions are failing.

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

This midterm is so important to the world globalists. Trust this. If the democrats (american hating losers) win, the economy will tank.

As it is, to this day the world believes the housing bubble and recession of 2008 was the fault of republican policies. Yet, it they never acknowledge who signed the Commodity Futures Modernization Act which exempted default swaps from regulation.

They also do not know or care who rewrote the Community Reinvestment Act which put real pressure on our banks to lend to low income housing in low income neighborhoods. Nor, do they care who headed up Fannie and Freddie.

All they know, with the help of our beloved media is Bush was president. They were aiming at a SUPER MAJORITY.

WHAT HAPPENED TO THE ECONOMY FROM 2007 TO 2010?

^ perverted, disgusting horseshit

When you cannot refute facts.

Old school, fucking moron.

 

[2aguy]

The republicans had control of the House and Senate from 1995 to 2006. Take a look at what the economy did during that time. That included when liberal heroes destroyed America and the financial district of the world in NY on 911. Yes, they cheered as ALL of those "little Eichmans" were killed, didn't they? Yeah, they sure did.

Anyway, the unemployment rate had dropped to 4.6 percent, and the economy was finally really recovering following that devastating attack that the liberals cheered over.

However, the main stream beloved media convinced America things were horrible. Things were actually going quite well. The Dow Jones had climbed to over 14,000 (highest it had ever been.) As a result of main stream propaganda, Pelosi and democrats took over the HOUSE AND SENATE in 2007.

What did the economy do while the democrats controlled the purse strings and it rather obvious that the democrats would win the White House in 2008? What did the economy do from 2007 to 2010?

WHAT!?!?!?!!?!

If you think the democrat congress would not gladly sabotage the ECONOMY and this COUNTRY in order to ensure Trump is a faliure, then you are nuts. Why is it you suppose the democrats ignored ALL 18 warnings in 2008 about the bubble?

2007

July: Two Bear Stearns hedge funds invested in mortgage securities collapse.

August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac, saying "first things first when it comes to those two institutions. Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options." (President George W. Bush, Press Conference, The White House, 8/9/07)

September: RealtyTrac announces foreclosure filings up 243,000 in August – up 115 percent from the year before.

September: Single-family existing home sales decreases 7.5 percent from the previous month – the lowest level in nine years. Median sale price of existing homes fell six percent from the year before.

December: President Bush again warns Congress of the need to pass legislation reforming GSEs, saying "These institutions provide liquidity in the mortgage market that benefits millions of homeowners, and it is vital they operate safely and operate soundly. So I've called on Congress to pass legislation that strengthens independent regulation of the GSEs – and ensures they focus on their important housing mission. The GSE reform bill passed by the House earlier this year is a good start. But the Senate has not acted. And the United States Senate needs to pass this legislation soon." (President George W. Bush, Discusses Housing, The White House, 12/6/07)

2008

January: Bank of America announces it will buy Countrywide.

January: Citigroup announces mortgage portfolio lost $18.1 billion in value.

February: Assistant Secretary David Nason reiterates the urgency of reforms, says "A new regulatory structure for the housing GSEs is essential if these entities are to continue to perform their public mission successfully." (David Nason, Testimony On Reforming GSE Regulation, Senate Committee On Banking, Housing And Urban Affairs, 2/7/08)

March: Bear Stearns announces it will sell itself to JPMorgan Chase.

March: President Bush calls on Congress to take action and "move forward with reforms on Fannie Mae and Freddie Mac. They need to continue to modernize the FHA, as well as allow State housing agencies to issue tax-free bonds to homeowners to refinance their mortgages." (President George W. Bush, Remarks To The Economic Club Of New York, New York, NY, 3/14/08)

April: President Bush urges Congress to pass the much needed legislation and "modernize Fannie Mae and Freddie Mac. [There are] constructive things Congress can do that will encourage the housing market to correct quickly by … helping people stay in their homes." (President George W. Bush, Meeting With Cabinet, the White House, 4/14/08)

May: President Bush issues several pleas to Congress to pass legislation reforming Fannie Mae and Freddie Mac before the situation deteriorates further.

• "Americans are concerned about making their mortgage payments and keeping their homes. Yet Congress has failed to pass legislation I have repeatedly requested to modernize the Federal Housing Administration that will help more families stay in their homes, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance sub-prime loans." (President George W. Bush, Radio Address, 5/3/08)
  
  
• "[T]he government ought to be helping creditworthy people stay in their homes. And one way we can do that – and Congress is making progress on this – is the reform of Fannie Mae and Freddie Mac. That reform will come with a strong, independent regulator." (President George W. Bush, Meeting With The Secretary Of The Treasury, the White House, 5/19/08)
  
  
• "Congress needs to pass legislation to modernize the Federal Housing Administration, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance subprime loans." (President George W. Bush, Radio Address, 5/31/08)

June: As foreclosure rates continued to rise in the first quarter, the President once again asks Congress to take the necessary measures to address this challenge, saying "we need to pass legislation to reform Fannie Mae and Freddie Mac." (President George W. Bush, Remarks At Swearing In Ceremony For Secretary Of Housing And Urban Development, Washington, D.C., 6/6/08)

July: Congress heeds the President's call for action and passes reform of Fannie Mae and Freddie Mac as it becomes clear that the institutions are failing.

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

This midterm is so important to the world globalists. Trust this. If the democrats (american hating losers) win, the economy will tank.

As it is, to this day the world believes the housing bubble and recession of 2008 was the fault of republican policies. Yet, it they never acknowledge who signed the Commodity Futures Modernization Act which exempted default swaps from regulation.

They also do not know or care who rewrote the Community Reinvestment Act which put real pressure on our banks to lend to low income housing in low income neighborhoods. Nor, do they care who headed up Fannie and Freddie.

All they know, with the help of our beloved media is Bush was president. They were aiming at a SUPER MAJORITY.

WHAT HAPPENED TO THE ECONOMY FROM 2007 TO 2010?

2-3 Supreme Court Justices and all the replacement judges on the lower courts of appeals....those positions are at stake.......

Remember in November, any vote for a democrat is a vote to end the 2nd Amendment...

 

[S.J.]

If the Dems win a majority in either house they will do everything they can to tank the economy and obstruct EVERYTHING positive. They don't give a damn about the American people or the country in general. Only themselves and their political ambitions.

They will do exactly what they did in 2007..

Nothing.

Same thing they're doing now. Dragging their feet on appointments, slow walking documents to the IG, having federal judges block everything they can block, same old shit they always do when a Republican is POTUS, only this time on steroids.

 

[Wyatt earp]

The republicans had control of the House and Senate from 1995 to 2006. Take a look at what the economy did during that time. That included when liberal heroes destroyed America and the financial district of the world in NY on 911. Yes, they cheered as ALL of those "little Eichmans" were killed, didn't they? Yeah, they sure did.

Anyway, the unemployment rate had dropped to 4.6 percent, and the economy was finally really recovering following that devastating attack that the liberals cheered over.

However, the main stream beloved media convinced America things were horrible. Things were actually going quite well. The Dow Jones had climbed to over 14,000 (highest it had ever been.) As a result of main stream propaganda, Pelosi and democrats took over the HOUSE AND SENATE in 2007.

What did the economy do while the democrats controlled the purse strings and it rather obvious that the democrats would win the White House in 2008? What did the economy do from 2007 to 2010?

WHAT!?!?!?!!?!

If you think the democrat congress would not gladly sabotage the ECONOMY and this COUNTRY in order to ensure Trump is a faliure, then you are nuts. Why is it you suppose the democrats ignored ALL 18 warnings in 2008 about the bubble?

2007

July: Two Bear Stearns hedge funds invested in mortgage securities collapse.

August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac, saying "first things first when it comes to those two institutions. Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options." (President George W. Bush, Press Conference, The White House, 8/9/07)

September: RealtyTrac announces foreclosure filings up 243,000 in August – up 115 percent from the year before.

September: Single-family existing home sales decreases 7.5 percent from the previous month – the lowest level in nine years. Median sale price of existing homes fell six percent from the year before.

December: President Bush again warns Congress of the need to pass legislation reforming GSEs, saying "These institutions provide liquidity in the mortgage market that benefits millions of homeowners, and it is vital they operate safely and operate soundly. So I've called on Congress to pass legislation that strengthens independent regulation of the GSEs – and ensures they focus on their important housing mission. The GSE reform bill passed by the House earlier this year is a good start. But the Senate has not acted. And the United States Senate needs to pass this legislation soon." (President George W. Bush, Discusses Housing, The White House, 12/6/07)

2008

January: Bank of America announces it will buy Countrywide.

January: Citigroup announces mortgage portfolio lost $18.1 billion in value.

February: Assistant Secretary David Nason reiterates the urgency of reforms, says "A new regulatory structure for the housing GSEs is essential if these entities are to continue to perform their public mission successfully." (David Nason, Testimony On Reforming GSE Regulation, Senate Committee On Banking, Housing And Urban Affairs, 2/7/08)

March: Bear Stearns announces it will sell itself to JPMorgan Chase.

March: President Bush calls on Congress to take action and "move forward with reforms on Fannie Mae and Freddie Mac. They need to continue to modernize the FHA, as well as allow State housing agencies to issue tax-free bonds to homeowners to refinance their mortgages." (President George W. Bush, Remarks To The Economic Club Of New York, New York, NY, 3/14/08)

April: President Bush urges Congress to pass the much needed legislation and "modernize Fannie Mae and Freddie Mac. [There are] constructive things Congress can do that will encourage the housing market to correct quickly by … helping people stay in their homes." (President George W. Bush, Meeting With Cabinet, the White House, 4/14/08)

May: President Bush issues several pleas to Congress to pass legislation reforming Fannie Mae and Freddie Mac before the situation deteriorates further.

• "Americans are concerned about making their mortgage payments and keeping their homes. Yet Congress has failed to pass legislation I have repeatedly requested to modernize the Federal Housing Administration that will help more families stay in their homes, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance sub-prime loans." (President George W. Bush, Radio Address, 5/3/08)
  
  
• "[T]he government ought to be helping creditworthy people stay in their homes. And one way we can do that – and Congress is making progress on this – is the reform of Fannie Mae and Freddie Mac. That reform will come with a strong, independent regulator." (President George W. Bush, Meeting With The Secretary Of The Treasury, the White House, 5/19/08)
  
  
• "Congress needs to pass legislation to modernize the Federal Housing Administration, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance subprime loans." (President George W. Bush, Radio Address, 5/31/08)

June: As foreclosure rates continued to rise in the first quarter, the President once again asks Congress to take the necessary measures to address this challenge, saying "we need to pass legislation to reform Fannie Mae and Freddie Mac." (President George W. Bush, Remarks At Swearing In Ceremony For Secretary Of Housing And Urban Development, Washington, D.C., 6/6/08)

July: Congress heeds the President's call for action and passes reform of Fannie Mae and Freddie Mac as it becomes clear that the institutions are failing.

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

This midterm is so important to the world globalists. Trust this. If the democrats (american hating losers) win, the economy will tank.

As it is, to this day the world believes the housing bubble and recession of 2008 was the fault of republican policies. Yet, it they never acknowledge who signed the Commodity Futures Modernization Act which exempted default swaps from regulation.

They also do not know or care who rewrote the Community Reinvestment Act which put real pressure on our banks to lend to low income housing in low income neighborhoods. Nor, do they care who headed up Fannie and Freddie.

All they know, with the help of our beloved media is Bush was president. They were aiming at a SUPER MAJORITY.

WHAT HAPPENED TO THE ECONOMY FROM 2007 TO 2010?

2-3 Supreme Court Justices and all the replacement judges on the lower courts of appeals....those positions are at stake.......

Remember in November, any vote for a democrat is a vote to end the 2nd Amendment...

Remember in November, any vote for a democrat is a vote to end the 2nd Amendment...

No it's not , quit the hyper bowl..

Their is still some fine JFK democrats around

 

[DOTR]

The republicans had control of the House and Senate from 1995 to 2006. Take a look at what the economy did during that time. That included when liberal heroes destroyed America and the financial district of the world in NY on 911. Yes, they cheered as ALL of those "little Eichmans" were killed, didn't they? Yeah, they sure did.

Anyway, the unemployment rate had dropped to 4.6 percent, and the economy was finally really recovering following that devastating attack that the liberals cheered over.

However, the main stream beloved media convinced America things were horrible. Things were actually going quite well. The Dow Jones had climbed to over 14,000 (highest it had ever been.) As a result of main stream propaganda, Pelosi and democrats took over the HOUSE AND SENATE in 2007.

What did the economy do while the democrats controlled the purse strings and it rather obvious that the democrats would win the White House in 2008? What did the economy do from 2007 to 2010?

WHAT!?!?!?!!?!

If you think the democrat congress would not gladly sabotage the ECONOMY and this COUNTRY in order to ensure Trump is a faliure, then you are nuts. Why is it you suppose the democrats ignored ALL 18 warnings in 2008 about the bubble?

2007

July: Two Bear Stearns hedge funds invested in mortgage securities collapse.

August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac, saying "first things first when it comes to those two institutions. Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options." (President George W. Bush, Press Conference, The White House, 8/9/07)

September: RealtyTrac announces foreclosure filings up 243,000 in August – up 115 percent from the year before.

September: Single-family existing home sales decreases 7.5 percent from the previous month – the lowest level in nine years. Median sale price of existing homes fell six percent from the year before.

December: President Bush again warns Congress of the need to pass legislation reforming GSEs, saying "These institutions provide liquidity in the mortgage market that benefits millions of homeowners, and it is vital they operate safely and operate soundly. So I've called on Congress to pass legislation that strengthens independent regulation of the GSEs – and ensures they focus on their important housing mission. The GSE reform bill passed by the House earlier this year is a good start. But the Senate has not acted. And the United States Senate needs to pass this legislation soon." (President George W. Bush, Discusses Housing, The White House, 12/6/07)

2008

January: Bank of America announces it will buy Countrywide.

January: Citigroup announces mortgage portfolio lost $18.1 billion in value.

February: Assistant Secretary David Nason reiterates the urgency of reforms, says "A new regulatory structure for the housing GSEs is essential if these entities are to continue to perform their public mission successfully." (David Nason, Testimony On Reforming GSE Regulation, Senate Committee On Banking, Housing And Urban Affairs, 2/7/08)

March: Bear Stearns announces it will sell itself to JPMorgan Chase.

March: President Bush calls on Congress to take action and "move forward with reforms on Fannie Mae and Freddie Mac. They need to continue to modernize the FHA, as well as allow State housing agencies to issue tax-free bonds to homeowners to refinance their mortgages." (President George W. Bush, Remarks To The Economic Club Of New York, New York, NY, 3/14/08)

April: President Bush urges Congress to pass the much needed legislation and "modernize Fannie Mae and Freddie Mac. [There are] constructive things Congress can do that will encourage the housing market to correct quickly by … helping people stay in their homes." (President George W. Bush, Meeting With Cabinet, the White House, 4/14/08)

May: President Bush issues several pleas to Congress to pass legislation reforming Fannie Mae and Freddie Mac before the situation deteriorates further.

• "Americans are concerned about making their mortgage payments and keeping their homes. Yet Congress has failed to pass legislation I have repeatedly requested to modernize the Federal Housing Administration that will help more families stay in their homes, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance sub-prime loans." (President George W. Bush, Radio Address, 5/3/08)
  
  
• "[T]he government ought to be helping creditworthy people stay in their homes. And one way we can do that – and Congress is making progress on this – is the reform of Fannie Mae and Freddie Mac. That reform will come with a strong, independent regulator." (President George W. Bush, Meeting With The Secretary Of The Treasury, the White House, 5/19/08)
  
  
• "Congress needs to pass legislation to modernize the Federal Housing Administration, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance subprime loans." (President George W. Bush, Radio Address, 5/31/08)

June: As foreclosure rates continued to rise in the first quarter, the President once again asks Congress to take the necessary measures to address this challenge, saying "we need to pass legislation to reform Fannie Mae and Freddie Mac." (President George W. Bush, Remarks At Swearing In Ceremony For Secretary Of Housing And Urban Development, Washington, D.C., 6/6/08)

July: Congress heeds the President's call for action and passes reform of Fannie Mae and Freddie Mac as it becomes clear that the institutions are failing.

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

This midterm is so important to the world globalists. Trust this. If the democrats (american hating losers) win, the economy will tank.

As it is, to this day the world believes the housing bubble and recession of 2008 was the fault of republican policies. Yet, it they never acknowledge who signed the Commodity Futures Modernization Act which exempted default swaps from regulation.

They also do not know or care who rewrote the Community Reinvestment Act which put real pressure on our banks to lend to low income housing in low income neighborhoods. Nor, do they care who headed up Fannie and Freddie.

All they know, with the help of our beloved media is Bush was president. They were aiming at a SUPER MAJORITY.

WHAT HAPPENED TO THE ECONOMY FROM 2007 TO 2010?

2-3 Supreme Court Justices and all the replacement judges on the lower courts of appeals....those positions are at stake.......

Remember in November, any vote for a democrat is a vote to end the 2nd Amendment...

Remember in November, any vote for a democrat is a vote to end the 2nd Amendment...

No it's not , quit the hyper bowl..

Their is still some fine JFK democrats around

He is correct. Any democrat elected to Congress will vote in an anti gun house speaker and senate leader. We have a party system. Fine JFK Democrat or not any democrat elected will empower socialist anti American Democrats.
There is no other possibility.

 

[Wyatt earp]

The republicans had control of the House and Senate from 1995 to 2006. Take a look at what the economy did during that time. That included when liberal heroes destroyed America and the financial district of the world in NY on 911. Yes, they cheered as ALL of those "little Eichmans" were killed, didn't they? Yeah, they sure did.

Anyway, the unemployment rate had dropped to 4.6 percent, and the economy was finally really recovering following that devastating attack that the liberals cheered over.

However, the main stream beloved media convinced America things were horrible. Things were actually going quite well. The Dow Jones had climbed to over 14,000 (highest it had ever been.) As a result of main stream propaganda, Pelosi and democrats took over the HOUSE AND SENATE in 2007.

What did the economy do while the democrats controlled the purse strings and it rather obvious that the democrats would win the White House in 2008? What did the economy do from 2007 to 2010?

WHAT!?!?!?!!?!

If you think the democrat congress would not gladly sabotage the ECONOMY and this COUNTRY in order to ensure Trump is a faliure, then you are nuts. Why is it you suppose the democrats ignored ALL 18 warnings in 2008 about the bubble?

2007

July: Two Bear Stearns hedge funds invested in mortgage securities collapse.

August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac, saying "first things first when it comes to those two institutions. Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options." (President George W. Bush, Press Conference, The White House, 8/9/07)

September: RealtyTrac announces foreclosure filings up 243,000 in August – up 115 percent from the year before.

September: Single-family existing home sales decreases 7.5 percent from the previous month – the lowest level in nine years. Median sale price of existing homes fell six percent from the year before.

December: President Bush again warns Congress of the need to pass legislation reforming GSEs, saying "These institutions provide liquidity in the mortgage market that benefits millions of homeowners, and it is vital they operate safely and operate soundly. So I've called on Congress to pass legislation that strengthens independent regulation of the GSEs – and ensures they focus on their important housing mission. The GSE reform bill passed by the House earlier this year is a good start. But the Senate has not acted. And the United States Senate needs to pass this legislation soon." (President George W. Bush, Discusses Housing, The White House, 12/6/07)

2008

January: Bank of America announces it will buy Countrywide.

January: Citigroup announces mortgage portfolio lost $18.1 billion in value.

February: Assistant Secretary David Nason reiterates the urgency of reforms, says "A new regulatory structure for the housing GSEs is essential if these entities are to continue to perform their public mission successfully." (David Nason, Testimony On Reforming GSE Regulation, Senate Committee On Banking, Housing And Urban Affairs, 2/7/08)

March: Bear Stearns announces it will sell itself to JPMorgan Chase.

March: President Bush calls on Congress to take action and "move forward with reforms on Fannie Mae and Freddie Mac. They need to continue to modernize the FHA, as well as allow State housing agencies to issue tax-free bonds to homeowners to refinance their mortgages." (President George W. Bush, Remarks To The Economic Club Of New York, New York, NY, 3/14/08)

April: President Bush urges Congress to pass the much needed legislation and "modernize Fannie Mae and Freddie Mac. [There are] constructive things Congress can do that will encourage the housing market to correct quickly by … helping people stay in their homes." (President George W. Bush, Meeting With Cabinet, the White House, 4/14/08)

May: President Bush issues several pleas to Congress to pass legislation reforming Fannie Mae and Freddie Mac before the situation deteriorates further.

• "Americans are concerned about making their mortgage payments and keeping their homes. Yet Congress has failed to pass legislation I have repeatedly requested to modernize the Federal Housing Administration that will help more families stay in their homes, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance sub-prime loans." (President George W. Bush, Radio Address, 5/3/08)
  
  
• "[T]he government ought to be helping creditworthy people stay in their homes. And one way we can do that – and Congress is making progress on this – is the reform of Fannie Mae and Freddie Mac. That reform will come with a strong, independent regulator." (President George W. Bush, Meeting With The Secretary Of The Treasury, the White House, 5/19/08)
  
  
• "Congress needs to pass legislation to modernize the Federal Housing Administration, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance subprime loans." (President George W. Bush, Radio Address, 5/31/08)

June: As foreclosure rates continued to rise in the first quarter, the President once again asks Congress to take the necessary measures to address this challenge, saying "we need to pass legislation to reform Fannie Mae and Freddie Mac." (President George W. Bush, Remarks At Swearing In Ceremony For Secretary Of Housing And Urban Development, Washington, D.C., 6/6/08)

July: Congress heeds the President's call for action and passes reform of Fannie Mae and Freddie Mac as it becomes clear that the institutions are failing.

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

This midterm is so important to the world globalists. Trust this. If the democrats (american hating losers) win, the economy will tank.

As it is, to this day the world believes the housing bubble and recession of 2008 was the fault of republican policies. Yet, it they never acknowledge who signed the Commodity Futures Modernization Act which exempted default swaps from regulation.

They also do not know or care who rewrote the Community Reinvestment Act which put real pressure on our banks to lend to low income housing in low income neighborhoods. Nor, do they care who headed up Fannie and Freddie.

All they know, with the help of our beloved media is Bush was president. They were aiming at a SUPER MAJORITY.

WHAT HAPPENED TO THE ECONOMY FROM 2007 TO 2010?

2-3 Supreme Court Justices and all the replacement judges on the lower courts of appeals....those positions are at stake.......

Remember in November, any vote for a democrat is a vote to end the 2nd Amendment...

Remember in November, any vote for a democrat is a vote to end the 2nd Amendment...

No it's not , quit the hyper bowl..

Their is still some fine JFK democrats around

He is correct. Any democrat elected to Congress will vote in an anti gun house speaker and senate leader. We have a party system. Fine JFK Democrat or not any democrT elected will empower socialist anti American Democrats.
There is no other possibility.

Bullshit, democrats own guns and hunt and fish also..

You can't put them altogether

 

[S.J.]

Dems will never give up trying to abolish the 2nd Amendment, and they will not tolerate a moderate Democrat coming into their party.

 

[S.J.]

The republicans had control of the House and Senate from 1995 to 2006. Take a look at what the economy did during that time. That included when liberal heroes destroyed America and the financial district of the world in NY on 911. Yes, they cheered as ALL of those "little Eichmans" were killed, didn't they? Yeah, they sure did.

Anyway, the unemployment rate had dropped to 4.6 percent, and the economy was finally really recovering following that devastating attack that the liberals cheered over.

However, the main stream beloved media convinced America things were horrible. Things were actually going quite well. The Dow Jones had climbed to over 14,000 (highest it had ever been.) As a result of main stream propaganda, Pelosi and democrats took over the HOUSE AND SENATE in 2007.

What did the economy do while the democrats controlled the purse strings and it rather obvious that the democrats would win the White House in 2008? What did the economy do from 2007 to 2010?

WHAT!?!?!?!!?!

If you think the democrat congress would not gladly sabotage the ECONOMY and this COUNTRY in order to ensure Trump is a faliure, then you are nuts. Why is it you suppose the democrats ignored ALL 18 warnings in 2008 about the bubble?

2007

July: Two Bear Stearns hedge funds invested in mortgage securities collapse.

August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac, saying "first things first when it comes to those two institutions. Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options." (President George W. Bush, Press Conference, The White House, 8/9/07)

September: RealtyTrac announces foreclosure filings up 243,000 in August – up 115 percent from the year before.

September: Single-family existing home sales decreases 7.5 percent from the previous month – the lowest level in nine years. Median sale price of existing homes fell six percent from the year before.

December: President Bush again warns Congress of the need to pass legislation reforming GSEs, saying "These institutions provide liquidity in the mortgage market that benefits millions of homeowners, and it is vital they operate safely and operate soundly. So I've called on Congress to pass legislation that strengthens independent regulation of the GSEs – and ensures they focus on their important housing mission. The GSE reform bill passed by the House earlier this year is a good start. But the Senate has not acted. And the United States Senate needs to pass this legislation soon." (President George W. Bush, Discusses Housing, The White House, 12/6/07)

2008

January: Bank of America announces it will buy Countrywide.

January: Citigroup announces mortgage portfolio lost $18.1 billion in value.

February: Assistant Secretary David Nason reiterates the urgency of reforms, says "A new regulatory structure for the housing GSEs is essential if these entities are to continue to perform their public mission successfully." (David Nason, Testimony On Reforming GSE Regulation, Senate Committee On Banking, Housing And Urban Affairs, 2/7/08)

March: Bear Stearns announces it will sell itself to JPMorgan Chase.

March: President Bush calls on Congress to take action and "move forward with reforms on Fannie Mae and Freddie Mac. They need to continue to modernize the FHA, as well as allow State housing agencies to issue tax-free bonds to homeowners to refinance their mortgages." (President George W. Bush, Remarks To The Economic Club Of New York, New York, NY, 3/14/08)

April: President Bush urges Congress to pass the much needed legislation and "modernize Fannie Mae and Freddie Mac. [There are] constructive things Congress can do that will encourage the housing market to correct quickly by … helping people stay in their homes." (President George W. Bush, Meeting With Cabinet, the White House, 4/14/08)

May: President Bush issues several pleas to Congress to pass legislation reforming Fannie Mae and Freddie Mac before the situation deteriorates further.

• "Americans are concerned about making their mortgage payments and keeping their homes. Yet Congress has failed to pass legislation I have repeatedly requested to modernize the Federal Housing Administration that will help more families stay in their homes, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance sub-prime loans." (President George W. Bush, Radio Address, 5/3/08)
  
  
• "[T]he government ought to be helping creditworthy people stay in their homes. And one way we can do that – and Congress is making progress on this – is the reform of Fannie Mae and Freddie Mac. That reform will come with a strong, independent regulator." (President George W. Bush, Meeting With The Secretary Of The Treasury, the White House, 5/19/08)
  
  
• "Congress needs to pass legislation to modernize the Federal Housing Administration, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance subprime loans." (President George W. Bush, Radio Address, 5/31/08)

June: As foreclosure rates continued to rise in the first quarter, the President once again asks Congress to take the necessary measures to address this challenge, saying "we need to pass legislation to reform Fannie Mae and Freddie Mac." (President George W. Bush, Remarks At Swearing In Ceremony For Secretary Of Housing And Urban Development, Washington, D.C., 6/6/08)

July: Congress heeds the President's call for action and passes reform of Fannie Mae and Freddie Mac as it becomes clear that the institutions are failing.

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

This midterm is so important to the world globalists. Trust this. If the democrats (american hating losers) win, the economy will tank.

As it is, to this day the world believes the housing bubble and recession of 2008 was the fault of republican policies. Yet, it they never acknowledge who signed the Commodity Futures Modernization Act which exempted default swaps from regulation.

They also do not know or care who rewrote the Community Reinvestment Act which put real pressure on our banks to lend to low income housing in low income neighborhoods. Nor, do they care who headed up Fannie and Freddie.

All they know, with the help of our beloved media is Bush was president. They were aiming at a SUPER MAJORITY.

WHAT HAPPENED TO THE ECONOMY FROM 2007 TO 2010?

2-3 Supreme Court Justices and all the replacement judges on the lower courts of appeals....those positions are at stake.......

Remember in November, any vote for a democrat is a vote to end the 2nd Amendment...

Remember in November, any vote for a democrat is a vote to end the 2nd Amendment...

No it's not , quit the hyper bowl..

Their is still some fine JFK democrats around

He is correct. Any democrat elected to Congress will vote in an anti gun house speaker and senate leader. We have a party system. Fine JFK Democrat or not any democrT elected will empower socialist anti American Democrats.
There is no other possibility.

Bullshit, democrats own guns and hunt and fish also..

You can't put them altogether

They would make sure THEY still have the right to keep and bear arms.

 

[Dont Taz Me Bro]

The republicans had control of the House and Senate from 1995 to 2006. Take a look at what the economy did during that time. That included when liberal heroes destroyed America and the financial district of the world in NY on 911. Yes, they cheered as ALL of those "little Eichmans" were killed, didn't they? Yeah, they sure did.

Anyway, the unemployment rate had dropped to 4.6 percent, and the economy was finally really recovering following that devastating attack that the liberals cheered over.

However, the main stream beloved media convinced America things were horrible. Things were actually going quite well. The Dow Jones had climbed to over 14,000 (highest it had ever been.) As a result of main stream propaganda, Pelosi and democrats took over the HOUSE AND SENATE in 2007.

What did the economy do while the democrats controlled the purse strings and it rather obvious that the democrats would win the White House in 2008? What did the economy do from 2007 to 2010?

WHAT!?!?!?!!?!

If you think the democrat congress would not gladly sabotage the ECONOMY and this COUNTRY in order to ensure Trump is a faliure, then you are nuts. Why is it you suppose the democrats ignored ALL 18 warnings in 2008 about the bubble?

2007

July: Two Bear Stearns hedge funds invested in mortgage securities collapse.

August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac, saying "first things first when it comes to those two institutions. Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options." (President George W. Bush, Press Conference, The White House, 8/9/07)

September: RealtyTrac announces foreclosure filings up 243,000 in August – up 115 percent from the year before.

September: Single-family existing home sales decreases 7.5 percent from the previous month – the lowest level in nine years. Median sale price of existing homes fell six percent from the year before.

December: President Bush again warns Congress of the need to pass legislation reforming GSEs, saying "These institutions provide liquidity in the mortgage market that benefits millions of homeowners, and it is vital they operate safely and operate soundly. So I've called on Congress to pass legislation that strengthens independent regulation of the GSEs – and ensures they focus on their important housing mission. The GSE reform bill passed by the House earlier this year is a good start. But the Senate has not acted. And the United States Senate needs to pass this legislation soon." (President George W. Bush, Discusses Housing, The White House, 12/6/07)

2008

January: Bank of America announces it will buy Countrywide.

January: Citigroup announces mortgage portfolio lost $18.1 billion in value.

February: Assistant Secretary David Nason reiterates the urgency of reforms, says "A new regulatory structure for the housing GSEs is essential if these entities are to continue to perform their public mission successfully." (David Nason, Testimony On Reforming GSE Regulation, Senate Committee On Banking, Housing And Urban Affairs, 2/7/08)

March: Bear Stearns announces it will sell itself to JPMorgan Chase.

March: President Bush calls on Congress to take action and "move forward with reforms on Fannie Mae and Freddie Mac. They need to continue to modernize the FHA, as well as allow State housing agencies to issue tax-free bonds to homeowners to refinance their mortgages." (President George W. Bush, Remarks To The Economic Club Of New York, New York, NY, 3/14/08)

April: President Bush urges Congress to pass the much needed legislation and "modernize Fannie Mae and Freddie Mac. [There are] constructive things Congress can do that will encourage the housing market to correct quickly by … helping people stay in their homes." (President George W. Bush, Meeting With Cabinet, the White House, 4/14/08)

May: President Bush issues several pleas to Congress to pass legislation reforming Fannie Mae and Freddie Mac before the situation deteriorates further.

• "Americans are concerned about making their mortgage payments and keeping their homes. Yet Congress has failed to pass legislation I have repeatedly requested to modernize the Federal Housing Administration that will help more families stay in their homes, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance sub-prime loans." (President George W. Bush, Radio Address, 5/3/08)
  
  
• "[T]he government ought to be helping creditworthy people stay in their homes. And one way we can do that – and Congress is making progress on this – is the reform of Fannie Mae and Freddie Mac. That reform will come with a strong, independent regulator." (President George W. Bush, Meeting With The Secretary Of The Treasury, the White House, 5/19/08)
  
  
• "Congress needs to pass legislation to modernize the Federal Housing Administration, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance subprime loans." (President George W. Bush, Radio Address, 5/31/08)

June: As foreclosure rates continued to rise in the first quarter, the President once again asks Congress to take the necessary measures to address this challenge, saying "we need to pass legislation to reform Fannie Mae and Freddie Mac." (President George W. Bush, Remarks At Swearing In Ceremony For Secretary Of Housing And Urban Development, Washington, D.C., 6/6/08)

July: Congress heeds the President's call for action and passes reform of Fannie Mae and Freddie Mac as it becomes clear that the institutions are failing.

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

This midterm is so important to the world globalists. Trust this. If the democrats (american hating losers) win, the economy will tank.

As it is, to this day the world believes the housing bubble and recession of 2008 was the fault of republican policies. Yet, it they never acknowledge who signed the Commodity Futures Modernization Act which exempted default swaps from regulation.

They also do not know or care who rewrote the Community Reinvestment Act which put real pressure on our banks to lend to low income housing in low income neighborhoods. Nor, do they care who headed up Fannie and Freddie.

All they know, with the help of our beloved media is Bush was president. They were aiming at a SUPER MAJORITY.

WHAT HAPPENED TO THE ECONOMY FROM 2007 TO 2010?

If you think the crash hit in 2008 because of Democrats taking over the Congress in 2007 you don't know jack shit about the crash or how an economy works. You're just making stupid partisan rants and making yourself look even more ignorant.

 

[theHawk]

The republicans had control of the House and Senate from 1995 to 2006. Take a look at what the economy did during that time. That included when liberal heroes destroyed America and the financial district of the world in NY on 911. Yes, they cheered as ALL of those "little Eichmans" were killed, didn't they? Yeah, they sure did.

Anyway, the unemployment rate had dropped to 4.6 percent, and the economy was finally really recovering following that devastating attack that the liberals cheered over.

However, the main stream beloved media convinced America things were horrible. Things were actually going quite well. The Dow Jones had climbed to over 14,000 (highest it had ever been.) As a result of main stream propaganda, Pelosi and democrats took over the HOUSE AND SENATE in 2007.

What did the economy do while the democrats controlled the purse strings and it rather obvious that the democrats would win the White House in 2008? What did the economy do from 2007 to 2010?

WHAT!?!?!?!!?!

If you think the democrat congress would not gladly sabotage the ECONOMY and this COUNTRY in order to ensure Trump is a faliure, then you are nuts. Why is it you suppose the democrats ignored ALL 18 warnings in 2008 about the bubble?

2007

July: Two Bear Stearns hedge funds invested in mortgage securities collapse.

August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac, saying "first things first when it comes to those two institutions. Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options." (President George W. Bush, Press Conference, The White House, 8/9/07)

September: RealtyTrac announces foreclosure filings up 243,000 in August – up 115 percent from the year before.

September: Single-family existing home sales decreases 7.5 percent from the previous month – the lowest level in nine years. Median sale price of existing homes fell six percent from the year before.

December: President Bush again warns Congress of the need to pass legislation reforming GSEs, saying "These institutions provide liquidity in the mortgage market that benefits millions of homeowners, and it is vital they operate safely and operate soundly. So I've called on Congress to pass legislation that strengthens independent regulation of the GSEs – and ensures they focus on their important housing mission. The GSE reform bill passed by the House earlier this year is a good start. But the Senate has not acted. And the United States Senate needs to pass this legislation soon." (President George W. Bush, Discusses Housing, The White House, 12/6/07)

2008

January: Bank of America announces it will buy Countrywide.

January: Citigroup announces mortgage portfolio lost $18.1 billion in value.

February: Assistant Secretary David Nason reiterates the urgency of reforms, says "A new regulatory structure for the housing GSEs is essential if these entities are to continue to perform their public mission successfully." (David Nason, Testimony On Reforming GSE Regulation, Senate Committee On Banking, Housing And Urban Affairs, 2/7/08)

March: Bear Stearns announces it will sell itself to JPMorgan Chase.

March: President Bush calls on Congress to take action and "move forward with reforms on Fannie Mae and Freddie Mac. They need to continue to modernize the FHA, as well as allow State housing agencies to issue tax-free bonds to homeowners to refinance their mortgages." (President George W. Bush, Remarks To The Economic Club Of New York, New York, NY, 3/14/08)

April: President Bush urges Congress to pass the much needed legislation and "modernize Fannie Mae and Freddie Mac. [There are] constructive things Congress can do that will encourage the housing market to correct quickly by … helping people stay in their homes." (President George W. Bush, Meeting With Cabinet, the White House, 4/14/08)

May: President Bush issues several pleas to Congress to pass legislation reforming Fannie Mae and Freddie Mac before the situation deteriorates further.

• "Americans are concerned about making their mortgage payments and keeping their homes. Yet Congress has failed to pass legislation I have repeatedly requested to modernize the Federal Housing Administration that will help more families stay in their homes, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance sub-prime loans." (President George W. Bush, Radio Address, 5/3/08)
  
  
• "[T]he government ought to be helping creditworthy people stay in their homes. And one way we can do that – and Congress is making progress on this – is the reform of Fannie Mae and Freddie Mac. That reform will come with a strong, independent regulator." (President George W. Bush, Meeting With The Secretary Of The Treasury, the White House, 5/19/08)
  
  
• "Congress needs to pass legislation to modernize the Federal Housing Administration, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance subprime loans." (President George W. Bush, Radio Address, 5/31/08)

June: As foreclosure rates continued to rise in the first quarter, the President once again asks Congress to take the necessary measures to address this challenge, saying "we need to pass legislation to reform Fannie Mae and Freddie Mac." (President George W. Bush, Remarks At Swearing In Ceremony For Secretary Of Housing And Urban Development, Washington, D.C., 6/6/08)

July: Congress heeds the President's call for action and passes reform of Fannie Mae and Freddie Mac as it becomes clear that the institutions are failing.

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

This midterm is so important to the world globalists. Trust this. If the democrats (american hating losers) win, the economy will tank.

As it is, to this day the world believes the housing bubble and recession of 2008 was the fault of republican policies. Yet, it they never acknowledge who signed the Commodity Futures Modernization Act which exempted default swaps from regulation.

They also do not know or care who rewrote the Community Reinvestment Act which put real pressure on our banks to lend to low income housing in low income neighborhoods. Nor, do they care who headed up Fannie and Freddie.

All they know, with the help of our beloved media is Bush was president. They were aiming at a SUPER MAJORITY.

WHAT HAPPENED TO THE ECONOMY FROM 2007 TO 2010?

^ perverted, disgusting horseshit

You can’t refute any of it.

Dems will always destroy the economy when given the opportunity.

 

[whitehall]

It took the democrat House majority less than two years to destroy the world's economy in 08. When Barney Frank became the chairperson of the powerful House Banking Committee he had oversight responsibility for Fannie Mae and Fannie collapsed under his watch just in time for the presidential election. Was it the biggest October surprise in history concocted by the democrat dirty tricksters? We will never know because Barney got married to his boyfriend and retired without having to answer a single question from the media or the "justice" dept.

 

[busybee01]

The republicans had control of the House and Senate from 1995 to 2006. Take a look at what the economy did during that time. That included when liberal heroes destroyed America and the financial district of the world in NY on 911. Yes, they cheered as ALL of those "little Eichmans" were killed, didn't they? Yeah, they sure did.

Anyway, the unemployment rate had dropped to 4.6 percent, and the economy was finally really recovering following that devastating attack that the liberals cheered over.

However, the main stream beloved media convinced America things were horrible. Things were actually going quite well. The Dow Jones had climbed to over 14,000 (highest it had ever been.) As a result of main stream propaganda, Pelosi and democrats took over the HOUSE AND SENATE in 2007.

What did the economy do while the democrats controlled the purse strings and it rather obvious that the democrats would win the White House in 2008? What did the economy do from 2007 to 2010?

WHAT!?!?!?!!?!

If you think the democrat congress would not gladly sabotage the ECONOMY and this COUNTRY in order to ensure Trump is a faliure, then you are nuts. Why is it you suppose the democrats ignored ALL 18 warnings in 2008 about the bubble?

2007

July: Two Bear Stearns hedge funds invested in mortgage securities collapse.

August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac, saying "first things first when it comes to those two institutions. Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options." (President George W. Bush, Press Conference, The White House, 8/9/07)

September: RealtyTrac announces foreclosure filings up 243,000 in August – up 115 percent from the year before.

September: Single-family existing home sales decreases 7.5 percent from the previous month – the lowest level in nine years. Median sale price of existing homes fell six percent from the year before.

December: President Bush again warns Congress of the need to pass legislation reforming GSEs, saying "These institutions provide liquidity in the mortgage market that benefits millions of homeowners, and it is vital they operate safely and operate soundly. So I've called on Congress to pass legislation that strengthens independent regulation of the GSEs – and ensures they focus on their important housing mission. The GSE reform bill passed by the House earlier this year is a good start. But the Senate has not acted. And the United States Senate needs to pass this legislation soon." (President George W. Bush, Discusses Housing, The White House, 12/6/07)

2008

January: Bank of America announces it will buy Countrywide.

January: Citigroup announces mortgage portfolio lost $18.1 billion in value.

February: Assistant Secretary David Nason reiterates the urgency of reforms, says "A new regulatory structure for the housing GSEs is essential if these entities are to continue to perform their public mission successfully." (David Nason, Testimony On Reforming GSE Regulation, Senate Committee On Banking, Housing And Urban Affairs, 2/7/08)

March: Bear Stearns announces it will sell itself to JPMorgan Chase.

March: President Bush calls on Congress to take action and "move forward with reforms on Fannie Mae and Freddie Mac. They need to continue to modernize the FHA, as well as allow State housing agencies to issue tax-free bonds to homeowners to refinance their mortgages." (President George W. Bush, Remarks To The Economic Club Of New York, New York, NY, 3/14/08)

April: President Bush urges Congress to pass the much needed legislation and "modernize Fannie Mae and Freddie Mac. [There are] constructive things Congress can do that will encourage the housing market to correct quickly by … helping people stay in their homes." (President George W. Bush, Meeting With Cabinet, the White House, 4/14/08)

May: President Bush issues several pleas to Congress to pass legislation reforming Fannie Mae and Freddie Mac before the situation deteriorates further.

• "Americans are concerned about making their mortgage payments and keeping their homes. Yet Congress has failed to pass legislation I have repeatedly requested to modernize the Federal Housing Administration that will help more families stay in their homes, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance sub-prime loans." (President George W. Bush, Radio Address, 5/3/08)
  
  
• "[T]he government ought to be helping creditworthy people stay in their homes. And one way we can do that – and Congress is making progress on this – is the reform of Fannie Mae and Freddie Mac. That reform will come with a strong, independent regulator." (President George W. Bush, Meeting With The Secretary Of The Treasury, the White House, 5/19/08)
  
  
• "Congress needs to pass legislation to modernize the Federal Housing Administration, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance subprime loans." (President George W. Bush, Radio Address, 5/31/08)

June: As foreclosure rates continued to rise in the first quarter, the President once again asks Congress to take the necessary measures to address this challenge, saying "we need to pass legislation to reform Fannie Mae and Freddie Mac." (President George W. Bush, Remarks At Swearing In Ceremony For Secretary Of Housing And Urban Development, Washington, D.C., 6/6/08)

July: Congress heeds the President's call for action and passes reform of Fannie Mae and Freddie Mac as it becomes clear that the institutions are failing.

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

This midterm is so important to the world globalists. Trust this. If the democrats (american hating losers) win, the economy will tank.

As it is, to this day the world believes the housing bubble and recession of 2008 was the fault of republican policies. Yet, it they never acknowledge who signed the Commodity Futures Modernization Act which exempted default swaps from regulation.

They also do not know or care who rewrote the Community Reinvestment Act which put real pressure on our banks to lend to low income housing in low income neighborhoods. Nor, do they care who headed up Fannie and Freddie.

All they know, with the help of our beloved media is Bush was president. They were aiming at a SUPER MAJORITY.

WHAT HAPPENED TO THE ECONOMY FROM 2007 TO 2010?

Once again you show what a moron you are. The fact is that this was due to both Republicans and Democrats. Bush went along with this notion about everyone owning a house. The reason that Fannie and Freddie escaped regulation was because they hired both Republicans and Democrats as lobbyists. Among those were Rahm Emanuel and Newt Gingrich who did 2 rounds lobbying to forestall tighter regulations.

 

[Theowl32]

The republicans had control of the House and Senate from 1995 to 2006. Take a look at what the economy did during that time. That included when liberal heroes destroyed America and the financial district of the world in NY on 911. Yes, they cheered as ALL of those "little Eichmans" were killed, didn't they? Yeah, they sure did.

Anyway, the unemployment rate had dropped to 4.6 percent, and the economy was finally really recovering following that devastating attack that the liberals cheered over.

However, the main stream beloved media convinced America things were horrible. Things were actually going quite well. The Dow Jones had climbed to over 14,000 (highest it had ever been.) As a result of main stream propaganda, Pelosi and democrats took over the HOUSE AND SENATE in 2007.

What did the economy do while the democrats controlled the purse strings and it rather obvious that the democrats would win the White House in 2008? What did the economy do from 2007 to 2010?

WHAT!?!?!?!!?!

If you think the democrat congress would not gladly sabotage the ECONOMY and this COUNTRY in order to ensure Trump is a faliure, then you are nuts. Why is it you suppose the democrats ignored ALL 18 warnings in 2008 about the bubble?

2007

July: Two Bear Stearns hedge funds invested in mortgage securities collapse.

August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac, saying "first things first when it comes to those two institutions. Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options." (President George W. Bush, Press Conference, The White House, 8/9/07)

September: RealtyTrac announces foreclosure filings up 243,000 in August – up 115 percent from the year before.

September: Single-family existing home sales decreases 7.5 percent from the previous month – the lowest level in nine years. Median sale price of existing homes fell six percent from the year before.

December: President Bush again warns Congress of the need to pass legislation reforming GSEs, saying "These institutions provide liquidity in the mortgage market that benefits millions of homeowners, and it is vital they operate safely and operate soundly. So I've called on Congress to pass legislation that strengthens independent regulation of the GSEs – and ensures they focus on their important housing mission. The GSE reform bill passed by the House earlier this year is a good start. But the Senate has not acted. And the United States Senate needs to pass this legislation soon." (President George W. Bush, Discusses Housing, The White House, 12/6/07)

2008

January: Bank of America announces it will buy Countrywide.

January: Citigroup announces mortgage portfolio lost $18.1 billion in value.

February: Assistant Secretary David Nason reiterates the urgency of reforms, says "A new regulatory structure for the housing GSEs is essential if these entities are to continue to perform their public mission successfully." (David Nason, Testimony On Reforming GSE Regulation, Senate Committee On Banking, Housing And Urban Affairs, 2/7/08)

March: Bear Stearns announces it will sell itself to JPMorgan Chase.

March: President Bush calls on Congress to take action and "move forward with reforms on Fannie Mae and Freddie Mac. They need to continue to modernize the FHA, as well as allow State housing agencies to issue tax-free bonds to homeowners to refinance their mortgages." (President George W. Bush, Remarks To The Economic Club Of New York, New York, NY, 3/14/08)

April: President Bush urges Congress to pass the much needed legislation and "modernize Fannie Mae and Freddie Mac. [There are] constructive things Congress can do that will encourage the housing market to correct quickly by … helping people stay in their homes." (President George W. Bush, Meeting With Cabinet, the White House, 4/14/08)

May: President Bush issues several pleas to Congress to pass legislation reforming Fannie Mae and Freddie Mac before the situation deteriorates further.

• "Americans are concerned about making their mortgage payments and keeping their homes. Yet Congress has failed to pass legislation I have repeatedly requested to modernize the Federal Housing Administration that will help more families stay in their homes, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance sub-prime loans." (President George W. Bush, Radio Address, 5/3/08)
  
  
• "[T]he government ought to be helping creditworthy people stay in their homes. And one way we can do that – and Congress is making progress on this – is the reform of Fannie Mae and Freddie Mac. That reform will come with a strong, independent regulator." (President George W. Bush, Meeting With The Secretary Of The Treasury, the White House, 5/19/08)
  
  
• "Congress needs to pass legislation to modernize the Federal Housing Administration, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance subprime loans." (President George W. Bush, Radio Address, 5/31/08)

June: As foreclosure rates continued to rise in the first quarter, the President once again asks Congress to take the necessary measures to address this challenge, saying "we need to pass legislation to reform Fannie Mae and Freddie Mac." (President George W. Bush, Remarks At Swearing In Ceremony For Secretary Of Housing And Urban Development, Washington, D.C., 6/6/08)

July: Congress heeds the President's call for action and passes reform of Fannie Mae and Freddie Mac as it becomes clear that the institutions are failing.

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

This midterm is so important to the world globalists. Trust this. If the democrats (american hating losers) win, the economy will tank.

As it is, to this day the world believes the housing bubble and recession of 2008 was the fault of republican policies. Yet, it they never acknowledge who signed the Commodity Futures Modernization Act which exempted default swaps from regulation.

They also do not know or care who rewrote the Community Reinvestment Act which put real pressure on our banks to lend to low income housing in low income neighborhoods. Nor, do they care who headed up Fannie and Freddie.

All they know, with the help of our beloved media is Bush was president. They were aiming at a SUPER MAJORITY.

WHAT HAPPENED TO THE ECONOMY FROM 2007 TO 2010?

If you think the crash hit in 2008 because of Democrats taking over the Congress in 2007 you don't know jack shit about the crash or how an economy works. You're just making stupid partisan rants and making yourself look even more ignorant.

I actually showed the fucking reasons you fucking illiterate gasbag.

Go ahead and explain what the Futures Modernization Act did and who signed it and when. Do you even know what credit default swaps are? Do you even know what happened when credit default swaps were exempted from regulation as a result of the Futures Modernization act passed by slick? Well, let us know how that impacted the economy.

While you are at it, you illiterate ass, tell us who rewrote the Community Reinvestment Act, when that was done and how that put pressure on banks to lend to low income neighborhoods. Nothing eh?

I even showed it and then I showed the 18 warnings and the DEMOCRAT FUCKING CONGRESS ignoring all of it.

All while gay Barney called Bush a "racist" for trying to rein in Frannie and Freddie. Democrats Dodd and dick sucker Frank headed that up.

I never see any fucking left wing piece of shit ever show how democrats contributed to it.

All they is blame Boooooosh and how their skinny marxist lying messiah "saved us."

You illiterate ass.

 

[Theowl32]

The republicans had control of the House and Senate from 1995 to 2006. Take a look at what the economy did during that time. That included when liberal heroes destroyed America and the financial district of the world in NY on 911. Yes, they cheered as ALL of those "little Eichmans" were killed, didn't they? Yeah, they sure did.

Anyway, the unemployment rate had dropped to 4.6 percent, and the economy was finally really recovering following that devastating attack that the liberals cheered over.

However, the main stream beloved media convinced America things were horrible. Things were actually going quite well. The Dow Jones had climbed to over 14,000 (highest it had ever been.) As a result of main stream propaganda, Pelosi and democrats took over the HOUSE AND SENATE in 2007.

What did the economy do while the democrats controlled the purse strings and it rather obvious that the democrats would win the White House in 2008? What did the economy do from 2007 to 2010?

WHAT!?!?!?!!?!

If you think the democrat congress would not gladly sabotage the ECONOMY and this COUNTRY in order to ensure Trump is a faliure, then you are nuts. Why is it you suppose the democrats ignored ALL 18 warnings in 2008 about the bubble?

2007

July: Two Bear Stearns hedge funds invested in mortgage securities collapse.

August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac, saying "first things first when it comes to those two institutions. Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options." (President George W. Bush, Press Conference, The White House, 8/9/07)

September: RealtyTrac announces foreclosure filings up 243,000 in August – up 115 percent from the year before.

September: Single-family existing home sales decreases 7.5 percent from the previous month – the lowest level in nine years. Median sale price of existing homes fell six percent from the year before.

December: President Bush again warns Congress of the need to pass legislation reforming GSEs, saying "These institutions provide liquidity in the mortgage market that benefits millions of homeowners, and it is vital they operate safely and operate soundly. So I've called on Congress to pass legislation that strengthens independent regulation of the GSEs – and ensures they focus on their important housing mission. The GSE reform bill passed by the House earlier this year is a good start. But the Senate has not acted. And the United States Senate needs to pass this legislation soon." (President George W. Bush, Discusses Housing, The White House, 12/6/07)

2008

January: Bank of America announces it will buy Countrywide.

January: Citigroup announces mortgage portfolio lost $18.1 billion in value.

February: Assistant Secretary David Nason reiterates the urgency of reforms, says "A new regulatory structure for the housing GSEs is essential if these entities are to continue to perform their public mission successfully." (David Nason, Testimony On Reforming GSE Regulation, Senate Committee On Banking, Housing And Urban Affairs, 2/7/08)

March: Bear Stearns announces it will sell itself to JPMorgan Chase.

March: President Bush calls on Congress to take action and "move forward with reforms on Fannie Mae and Freddie Mac. They need to continue to modernize the FHA, as well as allow State housing agencies to issue tax-free bonds to homeowners to refinance their mortgages." (President George W. Bush, Remarks To The Economic Club Of New York, New York, NY, 3/14/08)

April: President Bush urges Congress to pass the much needed legislation and "modernize Fannie Mae and Freddie Mac. [There are] constructive things Congress can do that will encourage the housing market to correct quickly by … helping people stay in their homes." (President George W. Bush, Meeting With Cabinet, the White House, 4/14/08)

May: President Bush issues several pleas to Congress to pass legislation reforming Fannie Mae and Freddie Mac before the situation deteriorates further.

• "Americans are concerned about making their mortgage payments and keeping their homes. Yet Congress has failed to pass legislation I have repeatedly requested to modernize the Federal Housing Administration that will help more families stay in their homes, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance sub-prime loans." (President George W. Bush, Radio Address, 5/3/08)
  
  
• "[T]he government ought to be helping creditworthy people stay in their homes. And one way we can do that – and Congress is making progress on this – is the reform of Fannie Mae and Freddie Mac. That reform will come with a strong, independent regulator." (President George W. Bush, Meeting With The Secretary Of The Treasury, the White House, 5/19/08)
  
  
• "Congress needs to pass legislation to modernize the Federal Housing Administration, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance subprime loans." (President George W. Bush, Radio Address, 5/31/08)

June: As foreclosure rates continued to rise in the first quarter, the President once again asks Congress to take the necessary measures to address this challenge, saying "we need to pass legislation to reform Fannie Mae and Freddie Mac." (President George W. Bush, Remarks At Swearing In Ceremony For Secretary Of Housing And Urban Development, Washington, D.C., 6/6/08)

July: Congress heeds the President's call for action and passes reform of Fannie Mae and Freddie Mac as it becomes clear that the institutions are failing.

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

This midterm is so important to the world globalists. Trust this. If the democrats (american hating losers) win, the economy will tank.

As it is, to this day the world believes the housing bubble and recession of 2008 was the fault of republican policies. Yet, it they never acknowledge who signed the Commodity Futures Modernization Act which exempted default swaps from regulation.

They also do not know or care who rewrote the Community Reinvestment Act which put real pressure on our banks to lend to low income housing in low income neighborhoods. Nor, do they care who headed up Fannie and Freddie.

All they know, with the help of our beloved media is Bush was president. They were aiming at a SUPER MAJORITY.

WHAT HAPPENED TO THE ECONOMY FROM 2007 TO 2010?

Once again you show what a moron you are. The fact is that this was due to both Republicans and Democrats. Bush went along with this notion about everyone owning a house. The reason that Fannie and Freddie escaped regulation was because they hired both Republicans and Democrats as lobbyists. Among those were Rahm Emanuel and Newt Gingrich who did 2 rounds lobbying to forestall tighter regulations.

I owned you already. All of you are losers. You cannot and so therefore did not refute any of the facts.

Loser.

 

[busybee01]

Voting for a Democrat means taking power from alt-right Republicans and returning it to the people. I had hoped that moderate Republicans would be a check that would force the party center-right but moderates have been a major disappointment. They have put the interests of their party ahead of their constituents. Electing moderate Democrats is the next step. Give them a chance.