Posted on 09/15/2008 8:08:51 AM PDT by TSchmereL
AND NOW . . . amidst billowing clouds of fragrant, aromatic first- and second-hand premium cigar smoke. . . it is time for . . . that harmless, lovable little fuzz ball, the highly-trained broadcast specialist, having more fun than a human being should be allowed to have, from behind the golden EIB microphone, firmly ensconced in the prestigious Attila-the-Hun chair at the Limbaugh Institute of Advanced Conservative Studies, with talent on loan from G-d, at the cutting-edge of societal evolution, with half his brain tied behind his back just to make it fair, the all-knowing, all-caring, all-sensing, all-feeling, Maha-Rushie! America's Anchorman, Truth Detector, Doctor of Democracy, and Chief of the Patriotism Police. He is the man who runs America. He knows the Democrats like every square inch of his glorious naked body. He is ready to do what he was born to do--That's host. Get ready to what you were born to do--That's listen (and post your comments on the Rush Limbaugh LIVE Radio Thread).
LOL....Rush has him pegged....funny....
ANd Biden and Obama’s answer is raise taxes, hire more government employees, add a couple of new departments and on and on and on.......
Bah!!!
http://www.csmonitor.com/2008/0722/p01s04-uspo.html
“Black and Hispanic families have gotten a disproportionate share of subprime lending, and subprime loans are the driving force behind the foreclosures,” says Katheen Day, spokeswoman for the Center for Responsible Lending, a nonprofit research and policy group based in Durham, N.C. “We know that black and Hispanic communities are hardest hit.”
Subprime loans loans made to homebuyers with less-than-perfect credit were responsible for a large share of the foreclosures that started last year. And minorities received a hefty share of those loans. Just over half of African-Americans and 4 in 10 Hispanics who got a mortgage in 2006 had a subprime loan, according to a 2007 analysis by the Center for Responsible Lending.
Also, the areas hardest hit by home-loan crisis are heavily Hispanic. In seven of the 10 metro areas with the highest foreclosure rates last month, they represent at least one-third of the population; in two of them Merced and Salinas-Monterey, Calif. Hispanics make up more than half of the population. Their rates of homeownership are also high: More than half of Hispanic households owned their home in eight of the top 10 foreclosure cities, according to the latest census data.
African-Americans are also hit hard by the crisis, although they aren’t concentrated in cities with the highest foreclosures. In only two of the top 10 metro areas Fort Lauderdale, Fla., and Vallejo-Fairfield, Calif. did they make up more than 10 percent of the population. Their homeownership rates also trailed those of Hispanics in all but Vallejo-Fairfield.
Still, African-Americans made up more than 20 percent of the population in metro Detroit, No. 13 on the list of top foreclosure cities by RealtyTrac, and in Miami, No. 15.
It is cities such as these along with Cleveland, which felt the brunt of the housing crisis early where the pressure is building for local politicians to come up with a solution.
Activist groups say this racial dimension to the problem puts a special responsibility on the federal government to relieve distress in these neighborhoods.
“The subprime lending debacle has caused the greatest loss of wealth to people of color in modern US history,” says Amaad Rivera, lead author of a 2008 report by United for a Fair Economy. The Boston-based research group estimates that black/African-American borrowers will lose between $71 billion and $92 billion in the current foreclosure crisis, while Latino borrowers will lose between $75 billion and $98 billion.
“The difficulties have been concentrated in ‘subprime’ loans, which generally go to borrowers with limited or damaged credit, although there is evidence that some borrowers are shifted into the subprime category because they are African-American or Hispanic,” said Rep. Barney Frank (D) of Massachusetts, who chairs the House Financial Services Committee, in a statement last week.
Anyone else have trouble posting to a PAGE NOT DISPLAYED???
What a loser, Biden!!
The DO NOTHING CONGRESS is more to blame than anything Bush has done!!
He thinks we are not aware of their single digit approval numbers!!!
LOL!!
Bush 44?
Talk about flailing in the wind...
Joe Biden is one of the reasons Congress’ approval rating is 6%. Oh and by the way, Joe. What the heck is that thing on your head?
Stand up, Chuck!
Just heard all that Sen.Bidden nonsense. He must be running scared knowing he will have to debate Gov.Palin.
can you believe the Az Cardinals are 2-0 ?
I love Wizenhut. He started Warner over too small Leinert and WALLA......We don’t suck.................yet
Listening from the Peoples Republic of South Jersey, conservative talk radio is a meager commodity.
Pitiful.
What evidence, Barney??
Liberals always utter the most outrageous lies in walk-out lines.
The apostles where community organizers.
Bin Laden was a Community Organizer.
W was a Governor.
MSM is dead and they know it.
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