SO far Obama has tried to blame the dirty rotten banks, while lining the pockets of his banker/supporters, and attempting to ruin the banks who do not support this "under the table" welfare lending policy.IT HAS RUINED AMERICA.
IT HAS TO BE STOPPED!
Fannie Freddie Execs, Chris Dodd, Barney Franks, all need to be investigated for misrepresenting welfare loans as low risk secondary market mortgages.CRIMINAL FRAUD justified by welfare banking policies NOT APPROVED by the PEOPLE OF AMERICA!!!!
IT HAS TO BE STOPPED! Obama is still pressuring banks to lend on illegal government dictated welfare policies. ( You better lend or else!) Banks have NO place in advancing illegal welfare lending policies , nor does the executive arm of government without a law passed by congress, (which will NEVER HAPPEN.)
Freddie Fannie FRAUD WAS PERPETRATED ON THE WORLD, not just the USA.Those responsible should be tried and executed. It is treasonous for this to be done in time of war.
WHAT BANKS PERPETRATED THE 500 Billion Dollar ELECTRONIC BANK RUN ON THE FED SEPT, 18, 2008???????? WHY DON"T THE AMERICAN PEOPLE KNOW?????????
Count me as another one who would like that explained.
THIS ARTICLE PUTS THE BLAME FOR THE MORTGAGE DEBACLE AND THE RECESSION WHERE IT GENUINELY BELONGS.
SO far Obama has tried to blame the dirty rotten banks, while lining the pockets of his banker/supporters, and attempting to ruin the banks who do not support this "under the table" welfare lending policy. IT HAS RUINED AMERICA.
. . . It was our $.
In a Swiss bank, now, huh?
[Thanks Candor7.]