Barack Obama, our next President

"The road ahead will be long. Our climb will be steep," Obama cautioned. Young and charismatic but with little experience on the national level, Obama smashed through racial barriers and easily defeated ... Full Story
Jane Says

New York, NY

#895299 Apr 30, 2013
What could go wrong? Obama asks banks to offer risky loans

PoliticsWhat could go wrong? Obama asks banks to offer risky loans

By: David Harsanyi
4/3/2013 10:45 AM

RESIZE:
AAA
Print89According to the Washington Post, the Obama administration is pushing big banks to make more home loans available to Americans with bad credit – the same kind of government guidance that helped blow up the housing market:

In response, administration officials say they are working to get banks to lend to a wider range of borrowers by taking advantage of taxpayer-backed programs — including those offered by the Federal Housing Administration — that insure home loans against default.

Housing officials are urging the Justice Department to provide assurances to banks, which have become increasingly cautious, that they will not face legal or financial recriminations if they make loans to riskier borrowers who meet government standards but later default.

Think about this statement. The administration is asking banks – banks that Washington bails out; banks that Washington crafts regulations for — to embrace risky policies that put the institution and its investors (not to mention, all of us) in a precarious position. So precarious, in fact, that banks have to ask government if they can be freed of any legal or financial consequences.

Not that they have much choice. Since the housing crash, Washington, as the Post points out,“has shaped most of the housing market, insuring between 80 percent and 90 percent of all new loans.”

And I have no doubt that demanding banks make more loans available to folks with bad credit is a political winner. But how can anyone still believe it’s good policy? Since the 90s, government has prodding banks into expanding home ownership despite every law of judicious banking and common sense. The American Enterprise Institute’s Peter Wallison has argued for years that government was the main culprit of the housing collapse...

http://www.humanevents.com/2013/04/03/the-oba...
Diane Sawyer

Pompano Beach, FL

#895302 Apr 30, 2013
lily boca raton fl wrote:
<quoted text>
I hope he runs for President, him and Rand Paul. The whiner and whinee.
It has been reported that you not only whine, but you also whinny...especially when Happy Hour doors don't open on time.
Diane Sawyer

Pompano Beach, FL

#895303 Apr 30, 2013
lily boca raton fl wrote:
<quoted text>
The President doesn't issue welfare payments; retardicans are so stupid. Who gets welfare of $100,000? No one. He's a mental case.
It has been reported that demotards,(welfare recipients, mental cases, and other inebriated) were supported by millions of dollars to elect and then re-elect the current incompetent president.

Since: May 11

Newville, PA

#895304 Apr 30, 2013
Jane Says wrote:
<quoted text>the exception being the media knew and talked and talked about EVERY detail of Sarah Palin's life since Kindergarten. the minute her candidacy was announced, some got to Alaska faster than if they'd taken a jet. they were like a zombie movie as they scaled the terrain, pens and cameras poised to leave no stone unturned about her and her family.
School records such as schools attended are not sealed.

Just as you know the schools Obama attended.

Palin's school records (classes grades etc) would be sealed unless she released them'

Try again Jane. Are your school records sealed or not?

The media rush was not the media's fault. When McCain picked a virtual unknown, sh*t happens.

Palin's story was interesting because it showed what a clawing, self absorbed b*tch she is. Trouncing friends *& colleagues to climb a little higher.

The story became how could the Republicans run such a person as VP.

Since: May 11

Newville, PA

#895306 Apr 30, 2013
OBAMANATION wrote:
Morning c-unts and ped-o-philes....Our GLORIOUS President passed out welfare benefits to the Boston bombers to the tune of 100k a year...unbelievable..
http://bostonherald.com/news_opinion/local_co...
What does lily da k-hunt think of this
It was over a ten year period. Not a year Dumbass
lily boca raton fl

Boca Raton, FL

#895308 Apr 30, 2013
Jane answers the poster who addressed her as a c--t and pedophile.

Classic, you're probably all the same person.

Since: May 11

Newville, PA

#895309 Apr 30, 2013
Leadville Lou wrote:
<quoted text>
A PP employee told a woman that aborting her fully formed 6 month old fetus would be no problem. Heard it on Rush.
Answers.com > Wiki Answers > Categories > Health > Sexual Health and Education > Pregnancy > Abortion > How do you abort a six month old baby?
How do you abort a six month old baby?
Answer:
You dont! You dont let it get that far if you dont want the baby!
As far as I am aware there is nowhere in the world you can abort a normal baby at six months and at this stage a baby born has an at least 50% chance of survival.
Hard it in Rush Limbaugh.

Wow, a right whiner that admits to being a dittohead. All the other dittoheads that post here always deny listening to Rush.
Whatever

Gering, NE

#895312 Apr 30, 2013
Diane Sawyer wrote:
<quoted text> It has been reported that demotards,(welfare recipients, mental cases, and other inebriated) were supported by millions of dollars to elect and then re-elect the current incompetent president.
As in Europe, the money will run out and they will discover themselves poor, unmotivated and lacking any job skills in a new reality that has them caring for themselves. But, as in Greece the naivety that someone can save them from themselves is clung to until the bitter end.

Since: May 11

Newville, PA

#895313 Apr 30, 2013
Leadville Lou wrote:
<quoted text>
Liar, yur willful ignorance is very annoying, stop kissing Oblamers ass.
Gunner wrote:
<quoted text>
At President Clinton’s direction, no fewer than 10 federal agencies issued a chilling ultimatum to banks and mortgage lenders to ease credit for lower-income minorities or face investigations for lending discrimination and suffer the related adverse publicity. They also were threatened with denial of access to the all-important secondary mortgage market and stiff fines, along with other penalties.
The threat was codified in a 20-page “Policy Statement on Discrimination in Lending” and entered into the Federal Register on April 15, 1994, by the Interagency Task Force on Fair Lending. Clinton set up the little-known body to coordinate an unprecedented crackdown on alleged bank redlining.
The edict — completely overlooked by the Financial Crisis Inquiry Commission and the mainstream media — was signed by then-HUD Secretary Henry Cisneros, Attorney General Janet Reno, Comptroller of the Currency Eugene Ludwig and Federal Reserve Chairman Alan Greenspan, along with the heads of six other financial regulatory agencies.
Gunner?????????? That was to enforce the current law. Not expand anything. No where were banks forced to make loans to people that could not prove they could pay it back.

No where.
Jimmy

Newington, CT

#895314 Apr 30, 2013
Always Right wrote:
<quoted text> Gimmy Gimmy! You must have a hangover from hell by the time you read this post, i have a master's degree on computer science, thanks for bringing it up but my high school years were the best years of my life when i was an honor student, also thanks for your suggestion but i don't like to swim, people like me are the reason you're typing on that computer. Lol
Why sheet! Y'all git yerself a Massa's --> "on" <-- Komputa Siense? Yu was a what? You was a hona student and Y'all can't differentiate between in and on?

Baawwwaaahhhh!!!

Lowlife lying azzwipe.
Jimmy

Newington, CT

#895315 Apr 30, 2013
Emaam wrote:
Right wing losers believe that the reason their more educated friends are Democrats is because they have been indoctrinated with liberal concepts. In reality, colleges help the student become familiar with as many resources as possible to problem solve and reach fact-based conclusions.
Less educated conservatives are content to have their opinions provided to them by their big brother FOX.
Translation:

Left wing radicals (AKA The Democrat Party) fears Fox News as it exposes the fascism of the Obama Administration and the Ministry of Propaganda (CNN, MSNBC, etc).

"Obama administration officials threatened whistle-blowers on Benghazi, lawyer says"

Read more: http://www.foxnews.com/politics/2013/04/29/ob...
Whatever

Gering, NE

#895316 Apr 30, 2013
RealDave wrote:
<quoted text>
Hard it in Rush Limbaugh.
Wow, a right whiner that admits to being a dittohead. All the other dittoheads that post here always deny listening to Rush.
Lazy Davey doesn't bother to Bing this and fails to know these videos are all over the internet. The contents are as the original poster states.

So Davey thinks a childish ad hominem attack will make them go away.
Diane Sawyer

Pompano Beach, FL

#895317 Apr 30, 2013
lily boca raton fl wrote:
Jane answers the poster who addressed her as a c--t and pedophile.
Classic, you're probably all the same person.
It has been reported that that vile beast person is you.
Jimmy

Newington, CT

#895318 Apr 30, 2013
RealDave wrote:
<quoted text>
Gunner?????????? That was to enforce the current law. Not expand anything. No where were banks forced to make loans to people that could not prove they could pay it back.
No where.
Hi dummy! "No where" should be one word. In addition, you are incorrect, as usual.

Idiot.
Whatever

Gering, NE

#895319 Apr 30, 2013
RealDave wrote:
<quoted text>
Gunner?????????? That was to enforce the current law. Not expand anything. No where were banks forced to make loans to people that could not prove they could pay it back.
No where.
It was a Clinton policy that based the ability of a bank to branch on the number of these loans they made. For days you have tried to be the expert on something that everyone knows that you have no clue about. It has become a point and laugh at you situation. Yet naive Davey has no idea.

Since: May 11

Newville, PA

#895320 Apr 30, 2013
Aunt Bettie Lou wrote:
<quoted text>
Bush actually got the economy up and running again after 9/11 within a year and a half.
The left tends to convienently lose track of the timeline and those involved leading up to the housing market collapse too.
Obama inherited a Democrat as much, if not more, as a Republican mess. Democrats had complete control of Congress two years prior to the collapse and for two years afterwards.
God Dammit Carol, quit your f*cking lying

The recession stated in the 4th quarter of 2007. Not two years after Democrats tok control of Congress.( there were never more that 50 Democrats in the Senate.)

Show me the legislation the Democrats passed that created this recession in 9 months???

The Housing market started to decline in 2006.

This was over 6 years of a Bush Administration with every department of the federal government run by Republicans.

This mess was primarily a Republican generated mess.

My God, Bush started with a balanced budget on a path to surpluses.
Whatever

Gering, NE

#895321 Apr 30, 2013
RealDave wrote:
<quoted text>
School records such as schools attended are not sealed.
Just as you know the schools Obama attended.
Palin's school records (classes grades etc) would be sealed unless she released them'
Try again Jane. Are your school records sealed or not?
The media rush was not the media's fault. When McCain picked a virtual unknown, sh*t happens.
Palin's story was interesting because it showed what a clawing, self absorbed b*tch she is. Trouncing friends *& colleagues to climb a little higher.
The story became how could the Republicans run such a person as VP.
More naivety from Davey. The press didn't question anything about Obama. They wanted a mythical character as the hoopla of Kennedy was fading in the reality of time. So will the Obama hysteria and you can freak, call names and stomp your feet but as time passes reality will rein.

Since: May 11

Newville, PA

#895322 Apr 30, 2013
EasyEed wrote:
<quoted text>
"real dumb"
Get your head out of your butt. College records are sealed, but, they can be released. president nobama is a coward, he will not allow the release his records, his grades, how his education was paid for, nothing. What is he hiding?
Peace
KMA
Records are sealed unless released by the student.
Whatever

Gering, NE

#895323 Apr 30, 2013
RealDave wrote:
<quoted text>
God Dammit Carol, quit your f*cking lying
The recession stated in the 4th quarter of 2007. Not two years after Democrats tok control of Congress.( there were never more that 50 Democrats in the Senate.)
Show me the legislation the Democrats passed that created this recession in 9 months???
The Housing market started to decline in 2006.
This was over 6 years of a Bush Administration with every department of the federal government run by Republicans.
This mess was primarily a Republican generated mess.
My God, Bush started with a balanced budget on a path to surpluses.
Davey if you say it one hundred more times and click your heels maybe just maybe it will become all true.
Whatever

Gering, NE

#895324 Apr 30, 2013
RealDave wrote:
<quoted text>
Records are sealed unless released by the student.
So what is Obama hiding?

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