Off-Topic: Here is personal proof NOT

Off-Topic: Here is personal proof NOT

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	Name:	water_watcher -
	Subject:	Here is personal proof NOT
	Date:	4/4/2009 8:30:30 AM

What do you want the name of someone. All you have to do is talk to a senior banking official. Watch the testimony in front of congress, etc. Everything you are given your refuse to accept and want to dismiss it because you "choose" not to believe it is true. That is being closed minded. There was government arm twisting to approve more loans, their was fines to banks not appoving enough of these loans. None of the people meet "normal" credit statndards .... that is why the government had to back them through Fannie and Freddie.

What started out as "no redlining" was expanded because these people did not qualify. As it was expanded and the government backed the loans, it got out of control.

That is why Fannie Mae went from trading at $62 a share to now 75 cents. While the law may not have been written the way it was abused .... it was government agencies - Fannie and Freddie that pushed for more and more of these loans. That is way Raines is gone and made $90 million in bonuses.

Now Fannie is going to pay another $228 million in bonuses and the "government" is allowing it, yet they took the bonuses from AIG with a threat to tax them if they did not return it .... when the democrats wrote the legislation that approved those bonuses. As soon as the american people found out, none of the democrats would admit then wrote and approved the legislation.

Who put that in the bill? The republicans?

OPEN YOUR MIND. Laws can say one thing and then be administered totally different. That is why we have the problem we have.

You can blame the banks, and I am sure they did get carried away, but it was because of the government pressure to do more and more of these loans that started the problem.

If there was not the CRA to begin with and the banks were not backed on the loans and pushed for more .... no I do not think they would have done this on their own.

Other messages in this thread:

View Entire Thread

Intellectuals - architect - 4/1/2009 9:48:20 PM

Intellectuals? - Summer Lover - 4/1/2009 10:17:05 PM

What do you believe? - MartiniMan - 4/1/2009 10:17:21 PM

Intellectuals - DJ - 4/1/2009 10:50:24 PM

Intellectuals - rude evin - 4/1/2009 11:27:16 PM

Intelligence - Talullahhound - 4/1/2009 11:30:20 PM

Intelligence - architect - 4/2/2009 12:07:46 AM

Follow-up - architect - 4/2/2009 12:13:34 AM

Suggestion - Summer Lover - 4/2/2009 2:24:12 AM

Architect - READ - water_watcher - 4/2/2009 6:45:05 AM

Intelligence - MartiniMan - 4/2/2009 2:16:35 PM

Intellectuals - JustAGuy - 4/2/2009 2:47:41 AM

Intellectuals - architect - 4/2/2009 8:06:47 AM

Pointless debate? - Lady - 4/2/2009 8:34:28 AM

Pointless debate? - water_watcher - 4/2/2009 10:48:17 AM

Please .... - water_watcher - 4/2/2009 10:49:54 AM

I didn't think so ... - water_watcher - 4/2/2009 2:24:01 PM

I didn't think so ... - architect - 4/2/2009 2:39:06 PM

I didn't think so ... - water_watcher - 4/2/2009 3:32:02 PM

I didn't think so ... - architect - 4/2/2009 7:09:30 PM

I question it.. - alahusker - 4/2/2009 7:44:17 PM

I didn't think so ... - Summer Lover - 4/2/2009 3:45:14 PM

I didn't think so ... - Summer Lover - 4/2/2009 2:42:23 PM

Suppose - Talullahhound - 4/2/2009 5:42:02 PM

Suppose - water_watcher - 4/2/2009 7:04:16 PM

Suppose - architect - 4/2/2009 8:13:58 PM

Suppose - water_watcher - 4/2/2009 8:25:01 PM

Here you go - water_watcher - 4/2/2009 8:29:09 PM

Architect - water_watcher - 4/2/2009 8:48:32 PM

Suppose..YOU ARE SO WRONG - architect - 4/2/2009 9:52:29 PM

Suppose..YOU ARE SO WRONG - architect - 4/2/2009 9:57:17 PM

Read This - It may help - water_watcher - 4/3/2009 5:52:22 AM

Read This - It may help - architect - 4/3/2009 7:44:18 AM

Read This - It may help - water_watcher - 4/3/2009 8:24:11 AM

Here is personal proof - water_watcher - 4/3/2009 8:35:49 AM

Here is personal proof NOT - architect - 4/3/2009 5:40:39 PM

Here is personal proof NOT - water_watcher - 4/3/2009 6:25:52 PM

Here is personal proof NOT - architect - 4/3/2009 9:36:58 PM

Here is personal proof NOT - architect - 4/3/2009 9:43:55 PM

Here is personal proof NOT - water_watcher - 4/4/2009 6:09:38 AM

Here is personal proof NOT - architect - 4/4/2009 8:06:45 AM

Here is personal proof NOT - water_watcher - 4/4/2009 8:30:30 AM

One final thought - water_watcher - 4/4/2009 8:43:29 AM

Here is personal proof NOT - architect - 4/4/2009 9:02:10 AM

Here is personal proof NOT - water_watcher - 4/4/2009 6:51:02 PM

Here is personal proof NOT - architect - 4/4/2009 8:11:02 PM

I almost forgot - architect - 4/4/2009 8:40:04 PM

I almost forgot - water_watcher - 4/5/2009 7:41:55 AM

Here is personal proof NOT - water_watcher - 4/5/2009 7:44:23 AM

Other examples - architect - 4/5/2009 8:02:38 AM

Civil rights? - Talullahhound - 4/4/2009 9:41:00 PM

Civil rights? - cobra - 4/4/2009 10:05:30 PM

Other examples - architect - 4/4/2009 10:21:57 PM

I agree with some - water_watcher - 4/5/2009 8:04:56 AM

Civil rights? - water_watcher - 4/5/2009 7:47:13 AM

Give credit where credit is... - rude evin - 4/5/2009 8:42:53 AM

Give credit where credit is... - architect - 4/5/2009 9:37:09 AM

Give credit where credit is... - water_watcher - 4/5/2009 10:19:38 AM

Give credit where credit is... - architect - 4/5/2009 10:51:08 AM

Give credit where credit is... - water_watcher - 4/5/2009 11:29:52 AM

So - Talullahhound - 4/5/2009 3:22:01 PM

Give credit where credit is... - Lady - 4/5/2009 5:19:40 PM

Give credit where credit is... - rude evin - 4/5/2009 5:42:03 PM

Give credit where credit is... - water_watcher - 4/5/2009 5:49:49 PM

Give credit where credit is... - water_watcher - 4/5/2009 5:47:26 PM

Give credit where credit is... - rude evin - 4/5/2009 6:06:14 PM

Suppose..YOU ARE SO WRONG - water_watcher - 4/3/2009 5:33:25 AM

Suppose - Talullahhound - 4/2/2009 9:33:49 PM

Suppose - water_watcher - 4/3/2009 5:40:40 AM

Intellectuals - au67 - 4/2/2009 9:13:08 AM

Intellectuals - John boy - 4/2/2009 11:27:08 PM

Intellectuals - water_watcher - 4/3/2009 5:42:19 AM

Hey, John Boy... - Mack - 4/3/2009 8:32:39 PM

Intellectuals - AUCATZ - 4/3/2009 12:26:17 PM

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