[Lorianne]

sounds suspiciously close to $1 BILLION to me

[NoLibZone]

More proof that the speed with which Obama closed the White House to the public had nothing to do with money.

[Mortrey]

Hey, silly commies; see what lending money to welfare and food stamp recipients for home loans did? No? Didn’t think so.

” With wanton disregard for the economic well being of America, a decade ago the social justice entrepreneurs of the ultra-leftist Association of Community Organizations for Reform Now (ACORN) let Americans know their strategy for bringing equality of result to the housing market — at all costs.

In a circa 1999 document, “To Each Their Home: Success Stories from the ACORN Housing Corporation,” the ACORN affiliate called the American Dream a sham and bragged about undermining banks’ underwriting standards.”

http://spectator.org/archives/2008/10/29/acorns-food-stamp-mortgages

[traditional1]

What is the racial composition of the vast majority of borrowers on the FHA-Defaulted Loans?

When threats to banks of Lawsuits for "Red-Lining" or "Racial Discrimination" forced them to loan to welfare Mom's, suddenly we wound up with a "Mortgage Crisis", and good ol' U.S. Taxpayers were left re-distributing their earnings to bail out the "guess-who's?"

[liberalh8ter]

This is BS......get the bonuses back that were paid to Franklin Raines and his cohorts.