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

Since: Aug 11

Location hidden

#959524 Aug 4, 2013
Yeah wrote:
<quoted text>You provided your opinions. I can't twist that since it's personal to you.
OTOH, all you provided were assessments and guess by others. Are they links? Yes indeed? Are they the opinions of the authors? Yes indeed. Does it match to what actually happened?
No.
You have provided the Pseudo Liberals Democrats version and opinions of flawed CRA and not the Democrats version which I have provided the links that which explained what the legislative changes did to the CRA under the Clinton Adminstration & how those changes created all those bad mortgages loans which the banks knew they were bad mortgages loans to begin with that they were creating and why the banks sold them as soon as they were created because they knew what the Clinton Adminstration was mandating the banks to by making risky mortgage loans to people who the banks knew who could not afford those homes & mortgages and would loose money because of the inference of the Federal Government and Clinton Adminstration's HUD which was overseeing the creation of these bad mortgage loans and knew it was wrong and all you got to do is ask countries in Europe that bought these US Mortgage Backed Securities proved they were bad and Greece was one of them.

Since: Aug 11

Location hidden

#959525 Aug 4, 2013
Yeah wrote:
<quoted text> Well obviously that's not true since I proved it. Besides even they say you shouldn't take them as definitive.
we know that isnt true another poster confirmed that, spin & deflect.

“Bill Clinton could have ”

Since: May 10

Prevented this

#959526 Aug 4, 2013
frontporchreactionary wrote:
<quoted text>"There is so much bad in this report that it is hard to find any silver lining," said Morgan Keegan analyst Kevin Giddis.
Economists surveyed by Briefing.com had forecast a loss of 200,000 jobs in the month. October's monthly job loss total was less than September's revised loss of 284,000. Payroll cuts in August were revised up to 127,000, which means more than half of this year's job losses have occurred in the last three months.
September had the largest monthly job loss total since November 2001, the last month of the previous recession and just two months after the Sept. 11 terrorist attacks.
With 1,179,000 cuts, the economy has lost more than a million jobs in a year for the first time since 2001 - the last time the economy was in a recession. With most economic indicators signaling even more difficult times ahead, job losses will likely deepen and continue through at least the first half of 2009."
http://money.cnn.com/2008/11/07/news/economy/...
OMG OMG a liberal finally admits that Clinton left Bush a recession...IMO it is amazing GW Bush could hold it together as long as he did.

Since: Dec 08

Location hidden

#959527 Aug 4, 2013
OMG...

Detroit gets a new $444M hockey rink...

http://money.cnn.com/2013/07/26/news/economy/...

“Bill Clinton could have ”

Since: May 10

Prevented this

#959528 Aug 4, 2013
sonicfilter wrote:
The Federal Reserve Board has found no connection between CRA and the subprime mortgage problems. In fact, the Board's analysis (102 KB PDF) found that nearly 60 percent of higher-priced loans went to middle- or higher-income borrowers or neighborhoods, which are not the focus of CRA activity. Additionally, about 20 percent of the higher-priced loans that were extended in low- or moderate-income areas, or to low- or moderate-income borrowers, were loans originated by lenders not covered by the CRA. Our analysis found that only six percent of all higher-priced loans were made by CRA-covered lenders to borrowers and neighborhoods targeted by the CRA. Further, our review of loan performance found that rates of serious mortgage delinquency are high in all neighborhood groups, not just in lower-income areas.
http://www.federalreserve.gov/faqs/banking_12...
The Professor: Yes, Community Reinvestment Act to blame for mortgage crisis.
Even in 2007, just prior to the bankruptcy of Fannie Mae and Freddie Mac, Federal Reserve Chairman Ben Bernanke was suggesting to further increase the percentage of CRA loans purchased by Fannie and Freddie in order to help banks fulfill their CRA obligations. The Federal Reserve is one of the four federal regulators involved in enforcing the Community Reinvestment Act.

In 1989, the CRA ratings were first made publicly available. And in 1995, President Clinton made the CRA ratings available on a public website. With better public access to CRA ratings, community activist groups started pressurizing banks to make more of these unsafe loans.

But prior to 1992, the banks that made CRA loans had to accept the risk of those loans. Fannie Mae and Freddie Mac would not purchase these loans because the loans didn't meet their guidelines. However, the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 changed this by requiring Fannie and Freddie to purchase CRA loans.

The CRA also resulted in lowering the lending standards in the banking industry. Not only did banks need to comply with the CRA for their expansion and growth but they also needed to compete with non-banking mortgage companies, like Countrywide. These independent mortgage companies lowered their lending standards to become more competitive with banks, as long as Fannie and Freddie would purchase these loans and these mortgage companies didn't have to carry the loans on their balance sheets.

Several reform ideas and proposals are being considered to solve the current housing crisis that is holding back economic recovery. Repealing the CRA (currently the regulation is not justified) or decoupling the government-sponsored enterprises such as Fannie and Freddie from the CRA (similar to the regulatory system in place prior to 1992) are two alternatives to prevent another housing market meltdown.

CLINTON screwed Monica AND America!!!

http://articles.sun-sentinel.com/2011-10-14/n...
NJ raider 1

Elizabeth, NJ

#959529 Aug 4, 2013
killtaker wrote:
You will do anything to win an election when you are a Democrat...
"Minstrel show: Ariz. Democrat releases photo of himself with darkened, more Hispanic face"
http://dailycaller.com/2013/08/04/minstrel-sh...
Ironic because, Romney tried pulling that off during a presidential campaign. Is he a democrat? I could've sworn he was a republican leader or, are y'all in the habit of running initiates of the lower ranks?

“Bill Clinton could have ”

Since: May 10

Prevented this

#959530 Aug 4, 2013
Yeah wrote:
<quoted text>It's amazing how these CRA bashers just can't get past the facts and put the blame on capitalism where it belongs.
No Doc loans had nothing to do with Capitalism. It had to do with liberals thinking they were entitled to 'get a house. Clinton made sure they did.

“Bill Clinton could have ”

Since: May 10

Prevented this

#959531 Aug 4, 2013
killtaker wrote:
You will do anything to win an election when you are a Democrat...
"Minstrel show: Ariz. Democrat releases photo of himself with darkened, more Hispanic face"
http://dailycaller.com/2013/08/04/minstrel-sh...
At least he wasn't sending out pictures of his penis like most of the democrats running for office are doing now. So for that we can be thankful. Even Hillary will send out pictures of her penis if she thinks it will help her win.

Since: Aug 11

Location hidden

#959533 Aug 4, 2013
fetch almighty wrote:
<quoted text>No Doc loans had nothing to do with Capitalism. It had to do with liberals thinking they were entitled to 'get a house. Clinton made sure they did.
Exactly.
Tits Magee

Paris, France

#959534 Aug 4, 2013
fetch almighty wrote:
<quoted text>No Doc loans had nothing to do with Capitalism. It had to do with liberals thinking they were entitled to 'get a house. Clinton made sure they did.
Hi, baby. What happened to your tool in California? It's been so long I can't remember his name just the dandruff... I remember he had a wife with MS... is she dead? Is he dead? Are you dead old woman? Wanna be?
Tits Magee

Paris, France

#959536 Aug 4, 2013
Anonymous of Indy wrote:
<quoted text>Exactly.
Hahahahahahahaha, I think there's reason to believe you might be an asshole sucking bone head. Why do you image no doc loans even arrived on the whoreizon? Hey, c'mon bend over and take it up the ass like mama taught you, clown. Hey, the girl had to make a living... are you Polish? Do you all smell like cabbage?

Since: Jun 13

Orlando, FL

#959537 Aug 4, 2013
frontporchreactionary wrote:
<quoted text> And what 'argument about Republicans' was that? I argued that the Eisenhower Civil Rights Act of 1957 was so altered and watered down that it was made impossible for the Federal Government to enforce it. It became imperative for John F Kennedy to sign another Civil Rights Bill of 1960 .


But you're still distorting the facts. The person responsible for the bill being watered down beyond recognition was Democratic Senate Majority Leader, Lyndon Baines Johnson.

Again, according to your source:

"The Democratic Senate Majority Leader, Lyndon Baines Johnson from Texas, realized that the bill and its journey through Congress could tear apart his party whose southern bloc was anti-civil rights and northern members were more pro-civil rights. Southern senators occupied chairs of numerous important committees due to their long seniority. Johnson sent the bill to the judiciary committee led by Senator James Eastland from Mississippi who proceeded to change and alter the bill almost beyond recognition. Johnson sought recognition from civil rights advocates for passing the bill while also receiving recognition from the mostly southern anti-civil rights Democrats for reducing it so much as to kill it."

http://en.wikipedia.org/wiki/Civil_Rights_Act...

Just like a Democrat. Johnson was a weasel like the others who followed him in his party. Lie...cheat...steal...whatever .
Tits Magee

Paris, France

#959542 Aug 4, 2013
The secret to killing a republican is to do make them do it to themselves. You don't even need to touch them, you just gotta spread peanut butter on their ass and turn a half dozen other squirrels loose.

Since: Jun 13

Orlando, FL

#959543 Aug 4, 2013
GOPIdiots wrote:
<quoted text>
Really? Or will it be a repeat of 2012...the clown circus primary season.
The Republicans took back the House in 2012. Just missed taking back the Senate by 6 or 7 seats. Don't forget.

Romney's Mormonism was his Achilles heel, I believe. That, and the fact he let several golden opportunities slip through his hands in the last two debates. A major hurricane weeks before the election that put Obama in the spotlight for an entire week and Romney on the back burner didn't help either.

But Romney would have been a great president.
LCN Llin

United States

#959546 Aug 4, 2013
LoisLane59 wrote:
<quoted text>
But you're still distorting the facts. The person responsible for the bill being watered down beyond recognition was Democratic Senate Majority Leader, Lyndon Baines Johnson.
Again, according to your source:
"The Democratic Senate Majority Leader, Lyndon Baines Johnson from Texas, realized that the bill and its journey through Congress could tear apart his party whose southern bloc was anti-civil rights and northern members were more pro-civil rights. Southern senators occupied chairs of numerous important committees due to their long seniority. Johnson sent the bill to the judiciary committee led by Senator James Eastland from Mississippi who proceeded to change and alter the bill almost beyond recognition. Johnson sought recognition from civil rights advocates for passing the bill while also receiving recognition from the mostly southern anti-civil rights Democrats for reducing it so much as to kill it."
http://en.wikipedia.org/wiki/Civil_Rights_Act...
Just like a Democrat. Johnson was a weasel like the others who followed him in his party. Lie...cheat...steal...whatever .
Rubio will have difficulty getting the nomination when the base of the GOP wants to deport him.
LOL
LCN Llin

United States

#959547 Aug 4, 2013
Tits Magee wrote:
The secret to killing a republican is to do make them do it to themselves. You don't even need to touch them, you just gotta spread peanut butter on their ass and turn a half dozen other squirrels loose.
Democrats invented the word RINO ?
Tits Magee

Paris, France

#959548 Aug 4, 2013
There's no one left, carol... they're all gone... why do think that is? Do you ever think at all, Barbie?
Tits Magee

Paris, France

#959549 Aug 4, 2013
LoisLane59 wrote:
<quoted text>

But Romney would have been a great president.
Yeah, just like he woulda been a great Veterinarian.
LCN Llin

United States

#959550 Aug 4, 2013
sonicfilter wrote:
<quoted text>
Minstrel show....
Right Wing Media Continues to Drag Out Black Conservatives to Attack Obama's Speech on Race
http://videocafe.crooksandliars.com/heather/r...
Not a convincing show !
LCN Llin

United States

#959552 Aug 4, 2013
LoisLane59 wrote:
<quoted text>
The Republicans took back the House in 2012. Just missed taking back the Senate by 6 or 7 seats. Don't forget.
Romney's Mormonism was his Achilles heel, I believe. That, and the fact he let several golden opportunities slip through his hands in the last two debates. A major hurricane weeks before the election that put Obama in the spotlight for an entire week and Romney on the back burner didn't help either.
But Romney would have been a great president.
Just missed taking back the Senate by 6 or 7 seats.

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