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Waters: People Who Signed Mortgage Loans Were "Tricked" (Video)
RealClearPolitics ^ | 13 Oct 10 | Maxine Waters

Posted on 10/14/2010 3:36:12 AM PDT by SkyPilot

VIDEO HERE

Rep. Maxine Waters (D-CA) said people were tricked into "liar loans" that they could not afford.

She uses the word "tricked" at least 3 times, and claims that all irresponsible mortgage owners were simply too stupid to know any better.

Maxine Waters wouldn't answer if her husband's bank is doing principal write-offs as she is suggesting other banks are doing. She brushed off the question and said this interview is not about her husband.

(Excerpt) Read more at realclearpolitics.com ...


TOPICS: Business/Economy; Culture/Society; Extended News; News/Current Events
KEYWORDS: crisis; maxinewaters; mortgage; tricked
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Unbelievable. You have to see the interview, and you still won't believe it.

She accuses people who took out "liar loans", "adjustable rate loans", and any other loan of being "tricked."

When confronted with her husband's bank, she refuses to answer the question and accuses the interviewer of asking "back door" questions.

If she has her way, Congress will pass a "moratorium" - which means Democrats don't want to pay back their loans.

The male interviewer told her she cannot assume "fraud" in every transaction - and she told him they can't afford lawyers or can't accept the burden, and then blames the government (when she was the one who primarily pushed for "red lined" minority loans.

When she was further confronted, she blames banks more, and tells the interviews that they "better" hope something is done, or......else, I guess. Probably more shades of the riots she fueled as "Kerosene Maxine" a few years back.

1 posted on 10/14/2010 3:36:15 AM PDT by SkyPilot
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To: SkyPilot

She is the high priestess of corruption of race hatred. She is also a fool.


2 posted on 10/14/2010 3:40:07 AM PDT by whitedog57
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To: SkyPilot
"The wicked borrow and do not repay"

Psalm 37:21

I am telling everyone who will listen, it is 100% clear where this is going.

The Democrats are going to seize banks and private wealth, soon.

They will hand out "free" stuff to their own, and take yours.

This is Communism pure and simple, and it is not an exaggeration. It is coming.

3 posted on 10/14/2010 3:40:22 AM PDT by SkyPilot
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To: SkyPilot

Blaming banks and bankers seems to be the popular thing now. I have an acquaintance that charged a big portion of their child’s college education on their master charge card. When they realized what the minimum payment was and how many years it would take to pay it off they blamed George Bush, Dick Cheney and all the rich bankers. Now they are refusing to pay it off citing that they were tricked into using the card. What Waters said doesn’t surprise me.


4 posted on 10/14/2010 3:46:32 AM PDT by Wiggins
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To: SkyPilot
She accuses people who took out "liar loans", "adjustable rate loans", and any other loan of being "tricked."

--------------------------------

You Dems pushed your social engineering policies on the mortgage markets and ruined the nation's economy.

And all of us are paying for it.

We're tired of footing the bill for anti-American agendas. We don't want our wealth stolen and redistributed. You're a menace to our nation and damn near everyone living here.

Fire Congress-5sm

5 posted on 10/14/2010 3:47:12 AM PDT by BobP (The piss-stream media - Never to be watched again in my house)
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To: SkyPilot

IT WAS YOUR FREAKING GOVERNMENT THAT FACILITATED THE TRICKERY!


6 posted on 10/14/2010 3:48:56 AM PDT by struggle ((The struggle continues))
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To: SkyPilot

Something for nothing. The oldest scam since the dawn of mankind.


7 posted on 10/14/2010 3:49:19 AM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: SkyPilot
 
Waters should review the ethnic composition of companies like Ameriquest / Argent mortgage before trying to float her racist "whitey tricked mah peple's into sinun doze liar loan apps"    excrement down the river.
 
As I recall, there was certainly no melatonin shortage.
 
 
Maxine will look really nice in an Orange Jumpsuit.

8 posted on 10/14/2010 3:56:36 AM PDT by LomanBill (Animals! The DemocRats blew up the windmill with an Acorn!)
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To: whitedog57

to borrow a line from another FReeper..”last time I saw a mouth like that,it had a hook in it”


9 posted on 10/14/2010 3:57:02 AM PDT by Doogle (IT'S THAT TIME AGAIN....PLEASE donate, because it's the RIGHT thing to do)
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To: Wiggins
This is coming next, mark my words:

New Lame Duck Threat to Bailout Union Pensions - 10/08/2010 - Democrats in the Senate on Thursday held a recess hearing covering a taxpayer bailout of union pensions and a plan to seize private 401(k) plans to more "fairly" distribute taxpayer-funded pensions to everyone. Sen. Tom Harkin (D-Iowa), Chairman of the Health, Education, Labor and Pensions (HELP) Committee heard from hand-picked witnesses advocating the infamous "Guaranteed Retirement Account" (GRA) authored by Theresa Guilarducci.

10 posted on 10/14/2010 3:57:13 AM PDT by SkyPilot
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To: abb

Yep, Barney Frank, Pelosi, Reid, etc. wanted affordable housing for F.n EVERYBODY if they could afford it or not. That has bit them in the A$$. Why don’t the Republicans talk about this????


11 posted on 10/14/2010 3:58:39 AM PDT by DooDahhhh (hH)
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To: SkyPilot

Have to wonder if the people in that pic even know what they’re protesting or if they even intended to participate in a protest to begin with....

A story was related to me where someone drove into DC to get “help” in saving their home from foreclosure. They were jerked around for a long while by whatever group it was then at one point, this couple was told to quickly grab a protest sign and was ushered outside with others who had also been waiting. A protest was staged.

The couple was told they had to do this if they wanted this group’s continued assistance. They didn’t know WHAT was going on but cooperated out of desperation.

Anyway, the last pic reminded me of that story which sounds entirely plausible to me.


12 posted on 10/14/2010 3:58:44 AM PDT by Nickname
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To: BobP

***We don’t want our wealth stolen and redistributed****.

The GOP platform should make this philosophy their mission statement.

We intend to roll-back and prevent further Government confiscation of private property, assets and commerce. No citizen is entitled to receive the stolen property of another. Recipients of government largesse will forfeit their right to vote until such time as they are able to support themselves by their own effort.


13 posted on 10/14/2010 4:03:30 AM PDT by sodpoodle (Despair; man's surrender. Laughter; God's redemption.)
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To: BobP
[You Dems pushed your social engineering policies on the mortgage markets and ruined the nation's economy]

Hmmmm....


Best RATs and RINOs money could buy


"The right to search for truth implies also a duty; one must not conceal any part of what one has recognized to be true."
--Albert Einstein

14 posted on 10/14/2010 4:04:23 AM PDT by LomanBill (Animals! The DemocRats blew up the windmill with an Acorn!)
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To: BobP
You Dems pushed your social engineering policies on the mortgage markets and ruined the nation's economy. And all of us are paying for it. We're tired of footing the bill for anti-American agendas. We don't want our wealth stolen and redistributed. You're a menace to our nation and damn near everyone living here.

Not only do they fraud us on a National Level, they then cuss us out as liars and tricksters for not having stopped them.

They need the Nicolae Ceausesc treatment.

Seriously.

15 posted on 10/14/2010 4:09:21 AM PDT by Lazamataz
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To: SkyPilot
This "thing" is so stupid that she believes her own bullsh!t! She is a devout commie and as corrupt as satan... I am certain that she is blood kin to him.

LLS

16 posted on 10/14/2010 4:11:46 AM PDT by LibLieSlayer (WOLVERINES!)
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To: SkyPilot

If what you say is “going to happen”... then a revolution will respond. Generations have prepared for that possibility.

LLS


17 posted on 10/14/2010 4:14:14 AM PDT by LibLieSlayer (WOLVERINES!)
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To: SkyPilot

Maxine Waters was elected by people who are just as stupid as she is. Racist and stupid.The system is set up to keep people like her in office. It’s called Gerrymandering, and it keeps the Democrats supplied with idiots like Maxine, Rangel, and others that scam the system.


18 posted on 10/14/2010 4:14:22 AM PDT by Venturer
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To: Doogle

”last time I saw a mouth like that,it had a hook in it”

Doog,
That’s a Rodney Dangerfield quote that I sometimes use. From “Caddy Shack.”


19 posted on 10/14/2010 4:20:53 AM PDT by Dr. Bogus Pachysandra ( Ya can't pick up a turd by the clean end!)
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To: SkyPilot
"And I say to you today, that only white devils, and Asian interlopers, are smart enough not to be tricked by mortgages, and they should therefor bear the burden of payin' for all the people of color who are too stupid to operate a wallet..."


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

20 posted on 10/14/2010 4:23:11 AM PDT by The Comedian (They Live. We Sleep.)
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