You have never heard of the term Payola?Rogue Scholar 05 wrote:
Banks don't like businesses? They look at business plans before they lend their money. If the business plan does not look good, they will not loan the money.
Just look at the Housing Loan problem. The banks did not want to make loans to high risk "individuals" so Jimmy Carter and Bill Clinton passed some laws that made the evil banks make those loans anyway. The banks made those bad loans and when the housing bubble burst, you Libtards blamed the banks!!!! Look in the mirror, YOU LIBTARDS cause the housing loan problem by making the banks make bad loans.
I have a novel idea. Save up your money so you can pay up front at least 10% of what ever you want to buy whether it is a car, boat, house, etc. Then there will be less loan defaults!!!
Typical Litardian response, change the subject. But I will address your new subject anyway. Just how many people were tried? Arrested? Or even indicted? NONE!!! How many times have Democrat Congressional inquires have investigated Big Oil Companies for price fixing yet nothing has ever been found? Did Congress ever substantiate the allegation that G.H.W. Bush flying to Paris in an SR-71 to meet with the Iranians.
You Libtards are always trying to muddy the waters with false allegations. Did you know that evil Republicans want to throw elderly people out of their homes, hospitals, etc. and starve them to death?!?.
Do you know the tens of millions of dollars big companies give these prostitutes in Congress?
Did you ever hear of Rep. Billy Tauzin passing Bush/Cheney Medicare Part D. and then leaving government for a lucrative position with Big Pharmaceuticals?
Maybe you heard of Richard B. Cheney leaving Secretary of Defense and becoming the CEO of Halliburton and then back to Vice President of the USA.
Pelosi and Reid never impeached Bush/Cheney so that Obama/Biden can continue the crimes against our Constitution.
White House Philosophy Stoked Mortgage Bonfire
We can put light where theres darkness, and hope where theres despondency in this country. And part of it is working together as a nation to encourage folks to own their own home. President Bush, Oct. 15, 2002
December 20, 2008 / http://tinyurl.com/83qjpf
WASHINGTON The global financial system was teetering on the edge of collapse when President Bush and his economics team huddled in the Roosevelt Room of the White House for a briefing that, in the words of one participant,scared the hell out of everybody.
It was Sept. 18. Lehman Brothers had just gone belly-up, overwhelmed by toxic mortgages. Bank of America had swallowed Merrill Lynch in a hastily arranged sale. Two days earlier, Mr. Bush had agreed to pump $85 billion into the failing insurance giant American International Group.
The president listened as Ben S. Bernanke, chairman of the Federal Reserve, laid out the latest terrifying news: The credit markets, gripped by panic, had frozen overnight, and banks were refusing to lend money.
Pelosi says Bush has not committed a crime to be impeached!!!
House Speaker Nancy Pelosi Defends Her Opposition to Impeachment: "If Somebody Had a Crime that the President Had Committed, That Would Be a Different Story." / July 30, 2008 / http://tinyurl.com/5doa9t