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It also didn't say 6 eyed monkeys eat cheerios..So??
Just stop. I'm out!! Hahahahah. I love when you wingers own YOURSELVES!!
I'm surprised it took you this long to figure out how wrong you are. Of course it's important that the government did't deny what they were accused of doing.
I think we learned about this kind of scam from an episode in the Sopranos.
The math is simple, more people who can't afford loan payments = more government secured loans = more money to the banks. This is stealing money from the middle classes, "giving" it to the poor, and then handing everything to the rich. It's deceptively simple and only complicated by the fog of left/right wing dichotomy this country is under.
I think we learned about this kind of scam from an episode in the Sopranos.
The math is simple, more people who can't afford loan payments = more government secured loans = more money to the banks. This is stealing money from the middle classes, "giving" it to the poor, and then handing everything to the rich. It's deceptively simple and only complicated by the fog of left/right wing dichotomy this country is under.
The way I read the article is the banks don't want to lower their standards. It is a feeble attempt by the administration to reinflate the housing market.
It hasn't been long but these fools already want to go back to things that helped get us in the mess we are STILL in. And we see yet again the Holder DOJ focusing on race above all else. This man and others need to be fired NOW
what exactly would lending large sums of money to minorities with poor credit accomplish?Is thier a limit on how many loans you default on before you no longer qualify or do you just get moved to the head of the line? This is insane thinking and our gov is insane.
what exactly would lending large sums of money to minorities with poor credit accomplish?Is thier a limit on how many loans you default on before you no longer qualify or do you just get moved to the head of the line? This is insane thinking and our gov is insane.
It'll make liberals feel warm and fuzzy inside. Definitely worth it isn't it?
He's just picking up where Barney Frank left off; no surprise there, huh?
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