Posted on 10/04/2008 1:31:00 PM PDT by vadum
Investigative interrogatories with Raines, Johnson, Dodd, Obama, Gorelick, Clinton, Frank, and others would produce many "process crimes" that would make Scooter Libby's crimes look like a jaywalking infraction.
The DC Federal holding pen would not be able to contain all the bureaucrats and elected officials that SHOULD be there.
Is Barney about to spit or swallow?
The American Socialist Revolution of 2008 - and not a shot was fired.
BUMP
I have not seen the dollar amount percentage of the CRA loans that went bad. If we had this number it would then be possible to determine how much of this damned mess is the fault of CRA and the Demonic-rats. Since I have not seen this percentage in the liberal press I assume it is huge.
Does anyone on this forum know the numbers. It would be interesting.
Relative to the bailout I can see a justification for bailing out the bad loans that the government forced them to make. I can not approve one damn cent for the other loans that went bad.
What are the numbers??
I don’t know. Looks like Dodd is preparing for a Frank sandwich.
The DC Federal holding pen would not be able to contain all the bureaucrats and elected officials that SHOULD be there.
That blustering Baboon Barney Frank would, I’m quite sure, arrogantly disagree. Not I.
Q: What do you have when you have a group of people in a society who crave Power and who NEVER admit when they are wrong?
A: A crack-up.
bump for later read
Nice try skippy.
Without the Community Reinvestment Act, the Liberal Poverty Pimps would still be having bake sales to finance their cruise into Socialism...
I have not seen the dollar amount percentage of the CRA loans that went bad. If we had this number it would then be possible to determine how much of this damned mess is the fault of CRA and the Demonic-rats.
Just insert ‘subprime’ whenever you see CRA and you have your answer. By definition they don’t/didn’t qualify for regular loans.
....yet!
It's not just loans that were made under the guise of the CRA's mission - it's the fact that the CRA forced banks to lower credit standards significantly. What was done to help those that had poor credit ratings was also done to help a new breed of house flippers as well. If they're going to give an unemployed or underemployed welfare recipient a loan, they really can't justify not giving an employed guy with 4 houses a similar offer.
I think Marx would be proud of us.
See http://www.youtube.com/watch?v=exxVZTKq1vA
See also http://www.youtube.com/watch?v=1RZVw3no2A4 for a really good 10 minute video about the problem.
Demoncrats - http://www.youtube.com/watch?v=_MGT_cSi7Rs
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