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Holder cuts left in on $17 billion Bank of America settlement
Powerline ^ | 8-28-14

Posted on 08/28/2014 9:42:53 AM PDT by afraidfortherepublic

click here to read article


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1 posted on 08/28/2014 9:42:53 AM PDT by afraidfortherepublic
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To: afraidfortherepublic

Third world minded grifters.


2 posted on 08/28/2014 9:45:17 AM PDT by skeeter
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To: afraidfortherepublic

“It also requires Bank of America to make billions in new loans and to build affordable low-income rental housing. “

For all them “new arrivals”. You gotta hand it to the left. They know how to extort money with their trial lawyer friends to further their agenda.

Nothing but a crime syndicate.


3 posted on 08/28/2014 9:46:22 AM PDT by headstamp 2
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To: afraidfortherepublic

BTTT


4 posted on 08/28/2014 9:48:41 AM PDT by kitkat (STORM HEAVEN WITH PRAYERS FOR OUR COUNTRY)
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To: afraidfortherepublic

These community organizers forced banks to give loans to people that could not pay them back. Then when they did not pay them back the gov’t sues the banks.

The gov’t forced Bank of America to purchase Merrill Lynch and Countrywide. The CEO of Countrywide who had the right gov’t connections, did not face any punishment as far as I know of.


5 posted on 08/28/2014 9:53:02 AM PDT by Rusty0604
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To: afraidfortherepublic

Africans bringing African-style corrupt government to America.

How multicultural.


6 posted on 08/28/2014 9:55:01 AM PDT by RinaseaofDs
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To: afraidfortherepublic

“To Each Their Home”
Sucess stories from ACORN Housing Corporation

“First, they agreed on more flexible underwriting criteria that take into account the realities of lower income communities. For example, income measurements include less traditional income sources such as FOOD STAMPS, UNEMPLOYMENT, PART-TIME JOBS, NON-COURT ORDERED CHILD SUPPORT and FOSTER CARE PAYMENTS.”
(emphasis mine.)

http://capitalresearch.org/wp-content/uploads/2008/10/toeachtheirhome.pdf


7 posted on 08/28/2014 10:00:15 AM PDT by Mortrey (Kenites occupy the White House)
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To: afraidfortherepublic
The deal requires billions of dollars in debt forgiveness payments to delinquent borrowers. It also requires Bank of America to make billions in new loans and to build affordable low-income rental housing.

As Holder says - he's a black man.

8 posted on 08/28/2014 10:04:04 AM PDT by GOPJ (Tolerance becomes a crime when applied to evil. —Thomas Mann)
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To: afraidfortherepublic

“At last, Elnora heard about the ACORN Housing Corporation and its lending partnerships. “Next thing I knew I was getting a loan from Citizens Mortgage and a GRANT FROM THE CITY FOR CLOSING COSTS,” Elnora recalled.

(emphasis mine.)

(pg. 15 of 17:

http://capitalresearch.org/wp-content/uploads/2008/10/toeachtheirhome.pdf


9 posted on 08/28/2014 10:09:49 AM PDT by Mortrey (Kenites occupy the White House)
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To: afraidfortherepublic

Just in time for the elections.


10 posted on 08/28/2014 10:10:49 AM PDT by <1/1,000,000th%
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To: afraidfortherepublic

Corruption, thy middle name is Hussein.


11 posted on 08/28/2014 10:26:59 AM PDT by Pearls Before Swine
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To: afraidfortherepublic

Backdoor reparations.


12 posted on 08/28/2014 10:28:40 AM PDT by BillyBonebrake
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To: afraidfortherepublic
The most transparent corrupt administration ever.

There, fixed it.

13 posted on 08/28/2014 10:31:14 AM PDT by Rockitz (This is NOT rocket science - Follow the money and you'll find the truth.)
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To: RinaseaofDs

Africans bringing African-style corrupt government to America.

next step is , Stay in Power Forever


14 posted on 08/28/2014 10:43:02 AM PDT by molson209 (Blank)
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To: molson209

The government has been funding the left for decades, these guys don’t even need to pretend to hide it


15 posted on 08/28/2014 10:43:53 AM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: afraidfortherepublic

I agree it is a slush fund for ACORN but it pales in comparison to the trillion dollars slush fund for big banks and insurances named TARP.


16 posted on 08/28/2014 10:44:00 AM PDT by Cyman (We have to pass it to see what's in it= definition of stool sample)
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To: skeeter
grifters...

I've said the same many times. If you truly wanted this country to be strong, you wouldn't engage in this type of destruction. The only conclusion one is left with is that the individuals in this adminsitration are hell-bent on destroying this country and, at some point, abandoning it with millions of dollars of graft in their pockets to head for another shore.

17 posted on 08/28/2014 10:47:07 AM PDT by Rockitz (This is NOT rocket science - Follow the money and you'll find the truth.)
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To: afraidfortherepublic

Turning the American middle class into indentured servants, one household at a time.


18 posted on 08/28/2014 10:48:58 AM PDT by RideForever
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To: afraidfortherepublic

This serves BofA right.

It was one of the strongest banks during the lending industry collapse in 2008. It only took government bailouts because it was forced to, and it paid them back relatively quickly.

Now it’s under the gun for these egregious violations of Leftist norms.

I think the collapse in 2008, is going to look tame by the next one in 2020-22.


19 posted on 08/28/2014 10:52:08 AM PDT by DoughtyOne (We'll know when he's really hit bottom. They'll start referring to him as White.)
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To: Rockitz
The left is never about their stated goals.

How can they tell us the truth? The Father of Lies is their daddy.

20 posted on 08/28/2014 10:52:49 AM PDT by skeeter
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