Glen Beck is REAAAALLY trying it!

a real f**king asshole

nice guy, like him

what started it was giving adjustable interest loan were as your payment can double are get high or slightly lower


what started it was giving adjustable interest loan were as your payment can double are get high or slightly lower
what started it was giving adjustable interest loan were as your payment can double are get high or slightly lower


what started it was giving adjustable interest loan were as your payment can double are get high or slightly lower
what started it was giving adjustable interest loan were as your payment can double are get high or slightly lower


what started it was giving adjustable interest loan were as your payment can double are get high or slightly lower

what started it was giving adjustable interest loan were as your payment can double are get high or slightly lower


what started it was giving adjustable interest loan were as your payment can double are get high or slightly lower

Quote:

---

Originally Posted by kramer

the damn "community reinvestment act" started this whole thing. Giving loans to people that have bad or no credit. Clinton forced the banks to make the loans. Everyone knows it, why dont you? Read it up before spewing you bullshit! Carter started it and clinton made it worse. They knew these banks werent getting their money back, and forced them to do it anyway!!!

---

how is that "hope" thing working for ya?

Quote:

---

Originally Posted by PomonaCA

Oh right. Banks wanted the bureaucratic nightmare of Obama's healthcare system. Right. Gotcha.

---

The elites want ANYTHING that will allow the masses to be more easily controlled.

Elites? You mean liberal elites. The do as I say, not as I do liberals. Phony Marxist basterds

Quote:

---

Originally Posted by Kramer

Elites? You mean liberal elites. The do as I say, not as I do liberals. Phony Marxist basterds

---

And the other conservative elite are any better. :Bowdown::Bowdown:

Quote:

---

Originally Posted by Kramer

The damn "community reinvestment act" started this whole thing. Giving loans to people that have bad or no credit. Clinton forced the banks to make the loans. Everyone knows it, why dont you? Read it up before spewing you bullshit! Carter started it and Clinton made it worse. They knew these banks werent getting their money back, and forced them to do it anyway!!!

---

I think the whole "blame the Community Reinvestment Act" is conservative lie. Subprime mortgages, the amount of money being amde on fees, and the fact that risk was mitigated through credit default swaps were important factors. So the fact that some made huge amounts of money these loans failing, supposedly had nothing to do with the risks taken? Did the 'CRA' mandate that loan officers include the income of dead family members, as was done here in Ohio?

I think consevatives are playing fast and loose with the truth. Loan risks were hidden, packaged, sold, and betted against through credit default swaps. A lot of money was made in financial circles. This was not the fault or purpose of the community Reinvestment Act.

Quote:

---

Originally Posted by Solitary Brother

The elites want ANYTHING that will allow the masses to be more easily controlled.

---

Right, and adding trillions in cost to the labor base is helpful in that endeavor, right?

Your point is that Obama is in the pocket of business?

Quote:

---

Originally Posted by yodajazz

I think the whole "blame the Community Reinvestment Act" is conservative lie.

---

I think that Act had something to do with the disaster, but not everything. Really the gov't shouldn't tell a private company who to loan to, but they also shouldn't save that same company. Both actions are perverse imo.