Lather, rinse, repeat until country is completely washed away.
Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.
It was the fault of all the Republicans in power—including Bush and Congress—not to correctly identify the government-forced bad lending, coupled with the Greenspan-Bernanke easy money-bubble policies at the Fed, at the root of our economic crisis and decline.
We’ll keep paying for both and exacerbating both until or unless the Pubbies get a spine and some lungs to bellow out the truth.
Ya’know...some folks look at the world as it really exists. Some folks view the world through rose colored glasses. Some folks see the world through other filters. Seems to me the LibTards must be looking through grade 13 welding goggles.
They just don’t get it. They are ONLY interested in CONTROL.
It’s time to take back the country.
Along with those changes came the requirement that all HUD related entities review underwriting guidelines calling into question "minor" points such as the need for a down payment of 5% or more as well as the desirability of a clean credit history.
As a means to insure that Fannie et al were meeting this new mandate, Congress instituted a "quota" related to the annual purchase of mortgages in the portfolio that met the new affordable housing mandate. In 1994, 34% of Fannie's purchases were such qualifying mortgages. That rose to 50% by the year 2000.
As much as we may want to blame the CRA, it's really the current charter of Fannie and other HUD related entities that is the problem.
Lather, rinse, repeat until country is completely washed away.
are republicans doing anything to combat this?
Talk about being stuck on stupid!
Andrew Cuomo - How the youngest HUD Secretary in history gave birth to the mortgage crisis
Yep, the party of FDR still can’t get a clue.
The argument made by the likes of Eddie Bernice Johnson that redlining and discrimination go on is nonsense. What lending institution, especially in this age of filing discrimination lawsuits for nothing, would discriminate against legitimate borrowers on reasons of race. This woman is hallucinating.
We taxpayers not only had to bail the democrats out for the last housing crash, but we're getting set up to do it again. The wanting democrat base wants free houses, and we're being forced to buy theirs before we even get our paychecks. If we don't pay all their bills first, we get an unfriendly visit from the IRS.
Only after we send in money to support the democrat base do we have money available to feed and care for our own families - and we're doing all the work!
Share the WORK, democrats, so the wealth can share itself. If the democrat base wants more stuff, tell them to get their own jobs. If they want a house, tell them to buy their own.
No man should be used as another mans slave. Go Galt.
They 're using the race card - again. Now, if we don't buy houses for the do nothing democrat base - we're racists.
If they can't afford to buy a house they want, then they shouldn't have one. If they wanted one bad enough, they'd get a second job or go back to school to get one. That's what normal Americans would do.
Screw the democrat base. I'm tired of carrying their water for them. It's been generations since they've worked. It's time they got off their butts and did something for themselves. Enough already.
