How the subprime mess started

Sep 19, 2008 15:54

You knew it would end up back with Clinton, didn't you?
Since HUD became their regulator in 1992, Fannie and Freddie each year are supposed to buy a portion of "affordable" mortgages made to underserved borrowers. Every four years, HUD reviews the goals to adapt to market changes ( Read more... )

2008 election, scandals, congress, barack obama, bill clinton, housing

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Comments 10

Off topic.... jasolater September 19 2008, 20:30:26 UTC
Just a question for you. What do you know about this "troopergate" thing with Palin? A leftie on my F list is attacking her because she apparently refuses to testify. If you have any ammo against this, please met me know.

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Re: Off topic.... graywolf44 September 19 2008, 21:24:49 UTC
This link - http://www.healthcarebs.com/2008/09/05/the-phony-troopergate-scandal/ - should be useful.

You can also look through the following links:

http://confederateyankee.mu.nu/
http://www.davidlimbaugh.com/
http://www.littlegreenfootballs.com/weblog/weblog.php
http://pajamasmedia.com/
http://www.powerlineblog.com/
http://www.nicedoggie.net/2008/
(If you're averse to swear words, don't go to the last link - they are sprinkled throughout. Just thought I'd give you fair warning about that.)

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Re: Off topic.... jasolater September 19 2008, 21:25:46 UTC
Thanks so much, I'll check those out.

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Re: Off topic.... graywolf44 September 19 2008, 21:31:43 UTC
You're welcome. You'll find all kinds of other links regarding the same subject at those sites, too.

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inibo September 19 2008, 20:53:26 UTC
The Republicans always say that the Democrats caused every problem. Then they get in office and we see the largest spending increases in US history. The Democrats always say that the Republicans caused every problems. Then they get in office and we see the largest spending increases in US history.

The cause of the current problem was the counterfeiting that has been perpetrated by the Federal Reserve. Republicans and Democrats both love the Federal Reserve because it enables the largest spending increases in US history. They also love the other party so they can have someone to blame it on.

American voters are stupid.

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reality_hammer September 19 2008, 21:41:09 UTC
:D

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inibo September 20 2008, 00:07:46 UTC
Well, am I wrong?

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(The comment has been removed)

Re: Thanks Republicans... reality_hammer September 23 2008, 05:30:28 UTC
Edit what out? You didn't say anything of consequence.

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