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To: ontap
Newt just said he only did it because he wanted to help poor people get into homes, guess that leaves no question as to his support of the community reinvestment act. Interesting. He still supports and wants to improve the “Community Reinvestment act.” So you people need to get off dodds and franks rump. ROFLOL, just said so on mark's show.
43 posted on 11/16/2011 6:09:11 PM PST by org.whodat (Just another heartless American, hated by "AMNESTY" Perry and his fellow demorats.)
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To: org.whodat
Was laughing. he just said so on marks show, so let's get on to making more of those loans, how long until tarp 2.
45 posted on 11/16/2011 6:11:33 PM PST by org.whodat (Just another heartless American, hated by "AMNESTY" Perry and his fellow demorats.)
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To: org.whodat

you say “Newt just said he only did it because he wanted to help poor people get into homes, guess that leaves no question as to his support of the community reinvestment act. Interesting”

Probably he was = but as he got looking into how they planned on ding it, He told them it wouldn’t work - that it was “insane”
““I offered them advice on precisely what they didn’t do,” he said. “My advice as a historian, when they walked in and said to me, ‘We are now making loans to people who have no credit history and have no record of paying back anything, but that’s what the government wants us to do.’ As I said to them at the time, this is a bubble. This is insane. This is impossible.”

http://www.bloomberg.com/news/2011-11-15/gingrich-said-to-be-paid-by-freddie-mac-to-win-republican-allies.html

Whyn’t we listen to him in his OWN WORDS - here in 2009...No need to gleefully quote he press

http://www.youtube.com/watch?v=qtjfMjjce2Y&feature=related

I fervently hope there are some FREEPERS who will do independent research and not carry water for the demRats and media


54 posted on 11/16/2011 6:40:05 PM PST by maine-iac7 (ALWAYS WATCH THE OTHER HAND)
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