Barack Obama, our next President

Full story: Hampton Roads Daily Press

"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 ...
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863,461 - 863,480 of 1,084,981 Comments Last updated 5 min ago

Since: Jun 13

Orlando, FL

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#939681
Jul 7, 2013
 

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Yeah wrote:
<quoted text>lol! CRA is still your biggest albatross son.
Not sure what you keep belly aching about.

Here's the main facts about the CRA related to Bill Clinton:

In July 1993, President Clinton asked regulators to reform the CRA. This was in line with President Clinton's strategy to "deal with the problems of the inner city and distressed rural communities". The proposed changes would "make it easier for lenders to show how they're complying with the Community Reinvestment Act".

http://clinton6.nara.gov/1993/12/1993-12-08-b...

The Office of the Comptroller of the Currency moved to revise its regulation structure allowing lenders subject to the CRA to claim community development loan credits for loans made to help finance the environmental cleanup or redevelopment of industrial sites when it was part of an effort to revitalize the low- and moderate-income community where the site was located.

In response to the concerns recorded, the Federal financial supervisory agencies - OCC, FRB, FDIC, and OTS - made further clarifications, and the agencies jointly reported their final amended regulations for implementing the Community Reinvestment Act in the Federal Register in 1995. The final amended regulations replaced the existing CRA regulations in their entirety.

http://www.gpo.gov/fdsys/pkg/FR-1995-05-04/pd...

In 1999, the Congress enacted and President Clinton signed into law the Gramm-Leach-Bliley Act repealing part of the Glass–Steagall Act. Resistance to enacting the 1998 bill as well as the subsequent 1999 bill centered around the bill's language which expanded the types of banking institutions into other areas of service but would not be subject to CRA compliance in order to do so.

The new Gramm-Leach-Bliley Act's FDIC-related provisions insured any bank holding institution wishing to be re-designated as a financial holding institution by the Board of Governors of the Federal Reserve System would also have to follow Community Reinvestment Act compliance guidelines before any merger or expansion could take effect.

On signing the Gramm-Leach-Bliley Act, President Clinton said "it establishes the principles that, as we expand the powers of banks, we will expand the reach of the Community Reinvestment Act".

http://www.treasury.gov/press/releases/ls241....

Like I said, Clinton put the CRA on steroids.

So what is it that's giving you such an upset tummy? Do you even remember what it was?
Whatever

Scottsbluff, NE

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#939682
Jul 7, 2013
 

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NSA's data-gathering hinged on secret court's definition of 'relevant'

http://online.wsj.com/article/SB1000142412788...

Since: Jun 13

Orlando, FL

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#939683
Jul 7, 2013
 

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fetch almighty wrote:
<quoted text>If a person doesn't have a tax return coming-what are they going to do? garnish wages for nothing? There are going to tax for receiving nothing? people can get their tax returns down to non-existent. And then what? The IRS can't confiscate anything.
It was a huge mistake in its inception and it's going to be a big mess in its application.

The problems already far outweigh its promised solutions and it hasn't even been implemented yet.

Some Democrats who helped write the thing are back peddling and sweating bullets.
Whatever

Scottsbluff, NE

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#939684
Jul 7, 2013
 

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LoisLane59 wrote:
<quoted text>
Not sure what you keep belly aching about.
Here's the main facts about the CRA related to Bill Clinton:
In July 1993, President Clinton asked regulators to reform the CRA. This was in line with President Clinton's strategy to "deal with the problems of the inner city and distressed rural communities". The proposed changes would "make it easier for lenders to show how they're complying with the Community Reinvestment Act".
http://clinton6.nara.gov/1993/12/1993-12-08-b...
The Office of the Comptroller of the Currency moved to revise its regulation structure allowing lenders subject to the CRA to claim community development loan credits for loans made to help finance the environmental cleanup or redevelopment of industrial sites when it was part of an effort to revitalize the low- and moderate-income community where the site was located.
In response to the concerns recorded, the Federal financial supervisory agencies - OCC, FRB, FDIC, and OTS - made further clarifications, and the agencies jointly reported their final amended regulations for implementing the Community Reinvestment Act in the Federal Register in 1995. The final amended regulations replaced the existing CRA regulations in their entirety.
http://www.gpo.gov/fdsys/pkg/FR-1995-05-04/pd...
In 1999, the Congress enacted and President Clinton signed into law the Gramm-Leach-Bliley Act repealing part of the Glass–Steagall Act. Resistance to enacting the 1998 bill as well as the subsequent 1999 bill centered around the bill's language which expanded the types of banking institutions into other areas of service but would not be subject to CRA compliance in order to do so.
The new Gramm-Leach-Bliley Act's FDIC-related provisions insured any bank holding institution wishing to be re-designated as a financial holding institution by the Board of Governors of the Federal Reserve System would also have to follow Community Reinvestment Act compliance guidelines before any merger or expansion could take effect.
On signing the Gramm-Leach-Bliley Act, President Clinton said "it establishes the principles that, as we expand the powers of banks, we will expand the reach of the Community Reinvestment Act".
http://www.treasury.gov/press/releases/ls241....
Like I said, Clinton put the CRA on steroids.
So what is it that's giving you such an upset tummy? Do you even remember what it was?
"Among his biggest strokes of free-wheeling capitalism was the Gramm-Leach-Bliley Act, which repealed the Glass-Steagall Act, a cornerstone of Depression-era regulation. He also signed the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation. In 1995 Clinton loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods. It is the subject of heated political and scholarly debate whether any of these moves are to blame for our troubles, but they certainly played a role in creating a permissive lending environment."

http://www.time.com/time/specials/packages/ar...

Since: Jun 13

Orlando, FL

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#939685
Jul 7, 2013
 

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Lily Boca Raton Fl wrote:
<quoted text>
Lol. Your friend whatever has been telling us about hitlers election.
Anyway; why are premiums going to increase?
The good news is that you'll be on Medicare by the time it all comes into fruition.
You didn't hear yet? Young healthy males could see a cost increase as much as 50%? Males in their 30s by as much as 49%?

http://money.cnn.com/2013/05/14/news/economy/...

http://online.wsj.com/article/SB1000142412788...

http://online.wsj.com/article/SB1000142412788...

http://www.forbes.com/sites/realspin/2013/06/...

It's going to cost you to be young and healthy under Obamacare. Especially if you're a male making some money.
Whatever

Scottsbluff, NE

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#939686
Jul 7, 2013
 

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Privacy Group to Ask Supreme Court to Stop N.S.A.’s Phone Spying Program

http://www.nytimes.com/2013/07/08/us/privacy-...

Hmmm, don't see that happening.
Whatever

Scottsbluff, NE

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#939687
Jul 7, 2013
 

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EasyEed wrote:
<quoted text>
"nutsucker"
Do not let the door hit you in your ass on the way out. You will not be missed.
Peace
KMA
LOL, at least my blunder of a post ran Nuk away.
Big Dick Cheney

Forest, MS

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#939688
Jul 7, 2013
 

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Whatever wrote:
NSA's data-gathering hinged on secret court's definition of 'relevant'
http://online.wsj.com/article/SB1000142412788...
Companies With Ties to Israel Wiretap the U S for the NSA
Watch: http://www.youtube.com/watch...
Big Dick Cheney

Forest, MS

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#939689
Jul 7, 2013
 

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Uploaded on Feb 2, 2009

Whistleblower Mark Klein exposes NSA spyroom at AT&T
Watch: http://www.youtube.com/watch...
Big Dick Cheney

Forest, MS

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#939690
Jul 7, 2013
 

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More IMPORTANT than Edward Snowden is MARK KLEIN - The NSA's Secret Spy Room at AT&T 2006
Watch: http://www.youtube.com/watch...

Since: Jun 13

Orlando, FL

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#939691
Jul 7, 2013
 

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Whatever wrote:
<quoted text>
"Among his biggest strokes of free-wheeling capitalism was the Gramm-Leach-Bliley Act, which repealed the Glass-Steagall Act, a cornerstone of Depression-era regulation. He also signed the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation. In 1995 Clinton loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods. It is the subject of heated political and scholarly debate whether any of these moves are to blame for our troubles, but they certainly played a role in creating a permissive lending environment."
http://www.time.com/time/specials/packages/ar...
The poster, Yeah, is apparently upset by this. He thinks someone repealed something that changed the loosening of housing rules when Clinton rewrote the CRA. Or something. Not sure what. He keeps it a secret.
Big Dick Cheney

Forest, MS

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#939692
Jul 7, 2013
 

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Published on Jun 11, 2013

Ex-NSA official on Snowden and the U.S. spy leviathan
Watch: http://www.youtube.com/watch...

Quote:
"Thomas Drake", who was "prosecuted for allegedly disclosing National Security Agency secrets" "YEARS before Edward Snowden surfaced", says the U.S. government has an "industrial-scale" surveillance system that "the Stasi in East Germany would have drooled over." Drake speaks with "Reuters"(Rothschild OWNED) defense correspondent Andrea Shalal-Esa.
John Galt

Temecula, CA

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#939693
Jul 7, 2013
 

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Death of Tenzing wrote:
<quoted text>
The law doesn't want to board certify anybody.
Its "admitting privileges", the law doesn't set the standard for that.
They're not trying to raise the standards of walk in clinics, they're trying to move the abortion procedure and ONLY the abortion procedure to ambulatory surgical clinics or hospitals.
Keeerist why don't you go read sumthin' instead of just making it up as you go along?
Sounds like trying to eliminate "back-alley abortions."
Big Dick Cheney

Forest, MS

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#939694
Jul 7, 2013
 

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Published on Dec 2, 2012

NSA Whistleblower: Everyone in US under virtual surveillance, all info stored, no matter the post
Watch: http://www.youtube.com/watch...

Quote:
RT talks to "William Binney", "whistleblower and former NSA crypto-mathematician" who served in the agency for decades. Virtual privacy in US, Petraeus affair and whistleblowers' odds in fight against the authorities are among key topics of this exclusive interview

Since: Jun 13

Orlando, FL

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#939695
Jul 7, 2013
 

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Lily Boca Raton Fl wrote:
<quoted text>
Why?
The question should be why wouldn't Henry Ford and Adolph Hitler being friends seem odd?

Some big American names apparently funded Hitler's rise to power and made a lot of money off Nazism and supporting Hitler.

If that's true, I find it depressing. Don't you?

Since: Aug 11

Location hidden

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#939696
Jul 7, 2013
 

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LoisLane59 wrote:
<quoted text>
The poster, Yeah, is apparently upset by this. He thinks someone repealed something that changed the loosening of housing rules when Clinton rewrote the CRA. Or something. Not sure what. He keeps it a secret.
first change to the CRA was in 1989 under George H. W. Bush.

Community Reinvestment Act

http://en.wikipedia.org/wiki/Community_Reinve...
Big Dick Cheney

Forest, MS

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#939697
Jul 7, 2013
 

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Published on Jul 9, 2012

'After 9/11 NSA had secret deal with White House'(Thomas Drake)(RT News)
Watch: http://www.youtube.com/watch...

Quote:
RT talks to Thomas Drake, a former National Security Agency executive in the US who sacrificed his career to blow the whistle on wrong-doings inside the NSA.

Since: Jun 13

Orlando, FL

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#939698
Jul 7, 2013
 

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Whatever wrote:
<quoted text>
LOL, at least my blunder of a post ran Nuk away.
We all have inadvertently misspoken at one time or another. It's just that some of us acknowledge it and others don't.
Big Dick Cheney

Forest, MS

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#939700
Jul 7, 2013
 

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Published on Apr 20, 2012

"The NSA Is Lying": U.S. Government Has Copies of Most of Your Emails Says NSA Whistleblower (William Binney)
Watch: http://www.youtube.com/watch...

Since: Jun 13

Orlando, FL

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#939701
Jul 7, 2013
 

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Anonymous of Indy wrote:
<quoted text>first change to the CRA was in 1989 under George H. W. Bush.
Community Reinvestment Act
http://en.wikipedia.org/wiki/Community_Reinve...
Clinton expanded it which was the underpinnings of the housing market collapse.

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