Heres one for democrats to think about

[the annoying thing]

i accept that you aren't very bright.

does that help?

you still don't understand the concept of gender I see. lol

Yes of course I do your born a man or a woman . its tossers like you and boris who disagree . guess you dont know what a woman is either . That explains your bun being sore at least .

 

[the annoying thing]

Speaking of bright, how is it that Pelosi has such a high position in Congress when she believes ratcheting up welfare stimulates the economy?

Yes she even said unemployment was good for the nation it was a stimulus. Lol
Theses are the liberal leaders . i saw where you talked about barney the big weener frank who helped create the housing bust also.
He want happy with the escort service for gays being run out of his dc apartment much like his role in freddie mac he know nothing and denied all lol bet hes boris the tossers hero

 

[mark francis]

So it wasn't Obama fault. In 2003 you never heard of Obama.

Correct. The 2008 crash resulted from mortgage lending deregulations signed into law by Clinton in 2000 in response to pressure from his constituents, including Obama and Ayers at ACORN, to eliminate credit requirements for poor people seeking to buy homes.

 

[Boris Norris]

Correct. The 2008 crash resulted from mortgage lending deregulations signed into law by Clinton in 2000 in response to pressure from his constituents, including Obama and Ayers at ACORN, to eliminate credit requirements for poor people seeking to buy homes.

Evidence of that please.

 

[mark francis]

Evidence of that please.

Here is as concise a listing of the basic facts as likely could be found anywhere:


Clinton Housing Policy Wrecked Economy, Not 1% | Investor's Business Daily (investors.com)

Clinton Housing Policy Wrecked Economy, Not 1%

06:41 PM ET 04/15/2015

Election '16: With typical gall, Hillary Clinton in her campaign launch lit into "those at the top" for "stacking" the deck against middle-class families when in fact they are buried under the house of cards built by her husband.

Earth to Hillary: It wasn't the richest 1% or Wall Street bankers who crashed the economy and created the financial wreckage from which working Americans "have fought" to dig themselves out of. No, that path to destruction was set by Bill Clinton and his social housing policies.

The evidence is overwhelming that Clinton was the architect of the financial disaster that wiped out trillions of dollars in household wealth. Under his National Homeownership Strategy, Clinton took more than 100 executive actions to pry bank lending windows wide open.

Through executive order, he marshaled 10 federal agencies under a little-known task force to enforce new "flexible" mortgage underwriting guidelines to boost low-income and minority homeownership.

For the first time, banks were ordered to qualify low-income borrowers with spotty credit. The 1994 policy planted the seeds of the mortgage crisis, as lenders eventually abandoned prudent underwriting altogether.

The next year, Clinton set quotas for lending in high-risk neighborhoods under an overhauled Community Reinvestment Act, while adding several hundred bank examiners to enforce the tougher CRA rules. Banks that came up short had expansion plans put on hold — a slow death sentence in an era of bank mergers and acquisitions.

For the first time, CRA ratings were made public, egging on ACORN and other radical inner-city groups, which used the reports to extort banks for $6 trillion in subprime loan set-asides by 2008.

When bankers resisted being saddled with so many risky loans, Clinton tapped Fannie Mae and Freddie Mac to take them off their books, while freeing bankers to originate more of the political loans. He had the Department of Housing and Urban Development nearly double Fannie's and Freddie's quotas for underwriting "affordable" loans, which remained in force throughout the 2000s.

When the mortgage giants pushed back, complaining that it would be hard to meet the higher targets, Clinton pushed them to load up on subprime loans, while authorizing Fannie and Freddie for the first time to buy subprime securities to earn credits toward the HUD goals. The mortgage giants complied to their great detriment.

So Clinton was also responsible for securitizing these loans which combined bad loans with good loans in packages that were sold to Wall Street institutions, including insurance companies. The mix of these junk loans made it impossible for investors to tell good ones from bad, and the markets eventually seized up and crashed.

Through all this social engineering, Hillary was no innocent bystander.

The Washington Examiner reports that a forthcoming documentary film — "Subprime 2.0: Doubling Down On Disaster," which currently is crowdfunding on IndieGoGo.com — promises to expose the Clintons' role in the crisis and their cozy ties to ACORN. It will present new evidence showing White House aides close to Hillary even met with ACORN lobbyists to draft the bad housing regulations and policies.

Few Americans know that the Clintons and ACORN go way back — ACORN actually started in Little Rock, Ark., and the Clintons were in bed with these radical activists from Day One. Hillary gave several ACORN speeches in which she hailed their "movement."

 

[Boris Norris]

Here is as concise a listing of the basic facts as likely could be found anywhere:


Clinton Housing Policy Wrecked Economy, Not 1% | Investor's Business Daily (investors.com)

Clinton Housing Policy Wrecked Economy, Not 1%

06:41 PM ET 04/15/2015
Election '16: With typical gall, Hillary Clinton in her campaign launch lit into "those at the top" for "stacking" the deck against middle-class families when in fact they are buried under the house of cards built by her husband.
Earth to Hillary: It wasn't the richest 1% or Wall Street bankers who crashed the economy and created the financial wreckage from which working Americans "have fought" to dig themselves out of. No, that path to destruction was set by Bill Clinton and his social housing policies.
The evidence is overwhelming that Clinton was the architect of the financial disaster that wiped out trillions of dollars in household wealth. Under his National Homeownership Strategy, Clinton took more than 100 executive actions to pry bank lending windows wide open.

Through executive order, he marshaled 10 federal agencies under a little-known task force to enforce new "flexible" mortgage underwriting guidelines to boost low-income and minority homeownership.

For the first time, banks were ordered to qualify low-income borrowers with spotty credit. The 1994 policy planted the seeds of the mortgage crisis, as lenders eventually abandoned prudent underwriting altogether.

The next year, Clinton set quotas for lending in high-risk neighborhoods under an overhauled Community Reinvestment Act, while adding several hundred bank examiners to enforce the tougher CRA rules. Banks that came up short had expansion plans put on hold — a slow death sentence in an era of bank mergers and acquisitions.

For the first time, CRA ratings were made public, egging on ACORN and other radical inner-city groups, which used the reports to extort banks for $6 trillion in subprime loan set-asides by 2008.

When bankers resisted being saddled with so many risky loans, Clinton tapped Fannie Mae and Freddie Mac to take them off their books, while freeing bankers to originate more of the political loans. He had the Department of Housing and Urban Development nearly double Fannie's and Freddie's quotas for underwriting "affordable" loans, which remained in force throughout the 2000s.

When the mortgage giants pushed back, complaining that it would be hard to meet the higher targets, Clinton pushed them to load up on subprime loans, while authorizing Fannie and Freddie for the first time to buy subprime securities to earn credits toward the HUD goals. The mortgage giants complied to their great detriment.

So Clinton was also responsible for securitizing these loans which combined bad loans with good loans in packages that were sold to Wall Street institutions, including insurance companies. The mix of these junk loans made it impossible for investors to tell good ones from bad, and the markets eventually seized up and crashed.

Through all this social engineering, Hillary was no innocent bystander.

The Washington Examiner reports that a forthcoming documentary film — "Subprime 2.0: Doubling Down On Disaster," which currently is crowdfunding on IndieGoGo.com — promises to expose the Clintons' role in the crisis and their cozy ties to ACORN. It will present new evidence showing White House aides close to Hillary even met with ACORN lobbyists to draft the bad housing regulations and policies.

Few Americans know that the Clintons and ACORN go way back — ACORN actually started in Little Rock, Ark., and the Clintons were in bed with these radical activists from Day One. Hillary gave several ACORN speeches in which she hailed their "movement."

Well done son but you can't blame them for what happened at the end of 2008, regardless of how you hate democrats.

So let's stick to a bit more recent history. Youre wallowing in the same republican nostalgia of blaming others in the middle ages.

Let's focus on trumps j6 riots and an attack on democracy, his stealing of top secret documents and the possible repercussions of that.

 

[mark francis]

Well done son but you can't blame them for what happened at the end of 2008, regardless of how you hate democrats.

So let's stick to a bit more recent history. Youre wallowing in the same republican nostalgia of blaming others in the middle ages.

Let's focus on trumps j6 riots and an attack on democracy, his stealing of top secret documents and the possible repercussions of that.

Trump did not encourage rioting on Jan 6 and he did not steal documents. Those are democrat lies.

 

[Boris Norris]

Trump did not encourage rioting on Jan 6 and he did not steal documents. Those are democrat lies.

Oh my God. What sort of nut case have we got here?

 

[pjmret]

Yes of course I do your born a man or a woman . its tossers like you and boris who disagree . guess you dont know what a woman is either . That explains your bun being sore at least .

a biological man or woman? sure.

but you keep ignoring gender. lol.

but your obsession with an*l sex is amusing. lol

 

[pjmret]

Trump did not encourage rioting on Jan 6 and he did not steal documents. Those are democrat lies.

so he didn't "steal" them, he just had them and he wasn't supposed to? lol.

you're so pathetic

 

[mark francis]

a biological man or woman? sure.

but you keep ignoring gender. lol.

but your obsession with an*l sex is amusing. lol

Modern leftists and democrats have recently broadened the term gender to include psychological issues and not just biological differences. Under modern usages of the term gender a person can now call himself, herself, or itself a baboon, and nobody dare refute such a claim at the risk of attracting the attention of the democrat thought police.

 

[mark francis]

so he didn't "steal" them, he just had them and he wasn't supposed to? lol.

you're so pathetic

One unknown person with unidentifiable authority made vague unproven claimagainstst the former President of the United States and the democrat mobsters immediately commissioned a swat team of Trump-hating agents to invade his home and steal whatever they wanted. That is not America, it is North Korea.

 

[the annoying thing]

a biological man or woman? sure.

but you keep ignoring gender. lol.

but your obsession with an*l sex is amusing. lol

Im not ignoring anything you are and its no amusing

 

[pjmret]

yes you either are ignoring it or too stupid to understand the difference between gender and biological sex. every post proves it.

 

[mark francis]

yes you either are ignoring it or too stupid to understand the difference between gender and biological sex. every post proves it.

Democrats believe gender is a term that has recently been modified by leftists to include psychological differences and clinical insanities, such as people thinking they were born neither male nor female.