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ANN COULTER: THEY GAVE YOUR MORTGAGE TO A LESS QUALIFIED MINORITY
AnnCoulter.com ^ | September 24, 2008co | Ann Coulter

Posted on 09/24/2008 3:00:44 PM PDT by Syncro

THEY GAVE YOUR MORTGAGE TO A LESS QUALIFIED MINORITY September 24, 2008

On MSNBC this week, Newsweek's Jonathan Alter tried to connect John McCain to the current financial disaster, saying: "If you remember the Keating Five scandal that (McCain) was a part of. ... He's really getting a free ride on the fact that he was in the middle of the last great financial scandal in our country."

McCain was "in the middle of" the Keating Five case in the sense that he was "exonerated." The lawyer for the Senate Ethics Committee wanted McCain removed from the investigation altogether, but, as The New York Times reported: "Sen. McCain was the only Republican embroiled in the affair, and Democrats on the panel would not release him."

So John McCain has been held hostage by both the Viet Cong and the Democrats.

Alter couldn't be expected to know that: As usual, he was lifting material directly from Kausfiles. What is unusual was that he was stealing a random thought sent in by Kausfiles' mother, who, the day before, had e-mailed: "It's time to bring up the Keating Five. Let McCain explain that scandal away."

The Senate Ethics Committee lawyer who investigated McCain already had explained that scandal away -- repeatedly. It was celebrated lawyer Robert Bennett, most famous for defending a certain horny hick president a few years ago.

In February this year, on Fox News' "Hannity and Colmes," Bennett said, for the eight billionth time:

"First, I should tell your listeners I'm a registered Democrat, so I'm not on (McCain's) side of a lot of issues. But I investigated John McCain for a year and a half, at least, when I was special counsel to the Senate Ethics Committee in the Keating Five. ... And if there is one thing I am absolutely confident of, it is John McCain is an honest man. I recommended to the Senate Ethics Committee that he be cut out of the case, that there was no evidence against him."

It's bad enough for Alter to be constantly ripping off Kausfiles. Now he's so devoid of his own ideas, he's ripping off the idle musings of Kausfiles' mother.

Even if McCain had been implicated in the Keating Five scandal -- and he wasn't -- that would still have absolutely nothing to do with the subprime mortgage crisis currently roiling the financial markets. This crisis was caused by political correctness being forced on the mortgage lending industry in the Clinton era.


TOPICS: Business/Economy; Editorial; News/Current Events; Politics/Elections
KEYWORDS: affirmativeaction; affirmativeadvantage; aliens; anncoulter; coulter; democratcorruption; election; elections; financialcrisis; housingbubble; johnmccain; obama; wallstreet; wallstreetmeltdown
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Read the rest at the link
1 posted on 09/24/2008 3:00:45 PM PDT by Syncro
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To: Syncro

I think she means Kosfiles


2 posted on 09/24/2008 3:02:17 PM PDT by pissant (THE Conservative party: www.falconparty.com)
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To: Syncro

Is she stumping for oabama now that McCains the GOP candidate?

Wouldn’t be her first time in bed with a muslim.


3 posted on 09/24/2008 3:06:06 PM PDT by NoLibZone (Fannie Mae & Freddie Mac - are not facing any kind of financial crisis,'' Barney Frank 9-10-03)
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To: NoLibZone

did you read the whole article?


4 posted on 09/24/2008 3:07:58 PM PDT by leenie312 (learly and effectively)
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To: leenie312; NoLibZone
did you read the whole article?

If he can read at all ...

5 posted on 09/24/2008 3:11:15 PM PDT by tx_eggman (Privatizing profits and socializing losses is no way to run an economy)
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To: leenie312

She may have a point but she’s still a nutjob.


6 posted on 09/24/2008 3:11:35 PM PDT by randomhero97 ("First you want to kill me, now you want to kiss me. Blow!" - Ash)
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To: Syncro

Alter will grow hair before he learns to speak the truth.


7 posted on 09/24/2008 3:12:48 PM PDT by Doctor Raoul (Fire the CIA and hire the Free Clinic, someone who knows how to stop leaks.)
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To: Syncro
"Brownstein hailed the Clinton administration's affirmative action lending policies as one of the "hidden success stories" of the Clinton administration"

And the Democrats want to KEEP it hidden!

8 posted on 09/24/2008 3:14:37 PM PDT by Enterprise (No Oil for Democrats!)
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To: Syncro
From www.anncoulter.com:
"...In 1999, liberals were bragging about extending affirmative action to the financial sector. Los Angeles Times reporter Ron Brownstein hailed the Clinton administration's affirmative action lending policies as one of the "hidden success stories" of the Clinton administration, saying that "black and Latino homeownership has surged to the highest level ever recorded."

Meanwhile, economists were screaming from the rooftops that the Democrats were forcing mortgage lenders to issue loans that would fail the moment the housing market slowed and deadbeat borrowers couldn't get out of their loans by selling their houses.

A decade later, the housing bubble burst and, as predicted, food-stamp-backed mortgages collapsed.

Democrats set an affirmative action time-bomb and now it's gone off." - Ann Coulter

Food-stamp-backed mortgages!
Gotta love that gal!

9 posted on 09/24/2008 3:16:17 PM PDT by RonDog
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To: Syncro
Threatening lawsuits, Clinton's Federal Reserve demanded that banks treat welfare payments and unemployment benefits as valid income sources to qualify for a mortgage. That isn't a joke -- it's a fact.

I'm speechless.
10 posted on 09/24/2008 3:18:40 PM PDT by According2RecentPollsAirIsGood
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To: leenie312
did you read the whole article?

Probably too much interference from his cranial/rectal inversion.

11 posted on 09/24/2008 3:20:42 PM PDT by SunTzuWu
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To: NoLibZone

It helps to read before responding.

Ann coulter BRILLIANTLY (again) lays out the facts that it was DEMOCRAP policies that caused this mess.

Obamarama should be SCARED S***LESS that this will be made public.


12 posted on 09/24/2008 3:27:39 PM PDT by Mr. K (Some days even my lucky rocketship underpants don't help)
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To: Syncro
Ann has just outed herself as a racist! No wait - the Democrats beat her to it first!

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

13 posted on 09/24/2008 3:32:58 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: Syncro
Come on, everyday working class Americans shouldn't have to know the difference between Fannie, Freddie and five Keatings. . . geez. . . .

It was celebrated lawyer Robert Bennett, most famous for defending a certain horny hick president a few years ago.

And THAT is why I do and always will love Ann. . .
14 posted on 09/24/2008 3:33:06 PM PDT by stentorian conservative
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To: NoLibZone

Blind and stupid. Nice post.


15 posted on 09/24/2008 3:33:58 PM PDT by Crazieman (McWhatever-Palin '08)
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To: Syncro

A must read. Thanks!


16 posted on 09/24/2008 3:36:31 PM PDT by Oldeconomybuyer (The democRATS are near the tipping point.)
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To: pissant
I think she means Kosfiles

Nope. She indeed meant Kausfiles as in Mickey Kaus, now of Slate, formerly of The New Republic, not Daily KOS.

17 posted on 09/24/2008 3:41:40 PM PDT by The Hound Passer
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To: Syncro; jellybean; carlo3b; stanz; gakrak; massfreeper; hosepipe; Donald Rumsfeld Fan; ...
Pinging the Coulter List.

Ann nails this one.



On or off, FReepmail or ping me.

Cheers,

knewshound

http://www.knewshound.blogspot.com/
18 posted on 09/24/2008 3:44:44 PM PDT by knews_hound (Why am I here? And why do I have this handbasket?)
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To: NoLibZone
W-T-F?
19 posted on 09/24/2008 3:45:46 PM PDT by jaz.357 (the best in a war, very dangerous otherwise.)
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To: Mr. K

BUMP


20 posted on 09/24/2008 3:48:10 PM PDT by antisocial (Texas SCV - Deo Vindice)
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