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Since barack obama was a major mover in seeing that unqualified blacks and others who could never have qualified for homeloans got them anyway from banks intimidated by boycotts and finally by law, are you NOW saying that once he became president, he wasn’t ‘black’ enough? Like say, bill clinton?

It was a mistake to try to force banks to lend to those who didn't qualify, and a lot of those who faced foreclosure had no business in their houses in the first place. But regardless, banks were still ultimately in charge of their own affairs, and there were plenty of banks that didn't go so far into the subprime game so as to need a federal bailout, including Wells Fargo. My vote would've been to deny them a bailout and let the chips fall where they may. But if they were to get a bailout, I would've voted to put strings on it for the benefit of those homeowners who were facing foreclosure not because they got in over their head, or refinanced twenty times, etc., but because of the decline in the entire housing market and then the economy itself.

"It was a mistake to try to force banks to lend to those who didn't qualify, and a lot of those who faced foreclosure had no business in their houses in the first place."

It wasn't a "mistake." It was a gun to the head. When the government (with all it's mechanisms for force and enforcement) tells you to lend to, you lend.

And who pays for that "mistake?"

All the people who played by the rules. They didn't buy homes that they could not afford but they sure as hell lost all that equity in their homes and are still dealing with the fallout of decisions they had no part in.

That "planned real estate/Freddie/Fannie" crash caused the BIGGEST theft of American wealth EVER. Not just bank bailouts but lost equity. It's impossible to know exactly how much wealth was looted and redistributed.

"But regardless, banks were still ultimately in charge of their own affairs"

Sounds a lot like blaming the victim. Oh, sorry our stupid, greedy, marxist, blame-whitey-to-get-minorities-free-houses plan caused the crash, but well you should have known better. And even if we stand outside your bank and protest and call you racist and stop you from doing business and threaten to go to your home where your children are, it's your fault for giving into to the our childish and dangerous desires.

We did know better but that doesn't stop the IRS or union goons.

Like all former Obama supporters, you only care now because "the bell now tolls for thee." Before, you thought someone else was going to get it.

Seems like your sudden conversion to conservatism (dubious)and biggest concern is that Hispanics are upsetting the black lock on "white guilt" and most favored minority status.

Tell me, if blacks were better off after four years of the same illegal machinations of Obama would you care? No, you wouldn't care about all his treachery. You only care because your ox was gored.