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As few as 19 of those 186 clients still own homes with clean credit ratings, following a decade in which Obama and other progressives pushed banks to provide mortgages to poor African Americans.
The startling failure rate among Obama’s private sector clients. Review of previously unpublished court information from the lawsuit that Obama worked on as an attorney for the lead plaintiff.
Claaasss, claaaasss... Liberals have a short attention span so I will post the original post again.
Barack Obama presides over the Great Depression of the 21st century
The Great Depression of the 21st century was a severe worldwide economic depression that began in the U.S. on November 6, 2012 with the re-election of Barack Hussein Obama. Obama's Great Depression was the longest, most widespread, and deepest depression and had devastating effects in countries rich and poor and for people rich, middle class and poor. Personal income, tax revenue, profits plummeted. Unemployment in the U.S. rose to 25%, and in some countries rose as high as 33%.
Barrack Hussain Obama, the first U.S. black president became known as;
The Welfare President,
The Campaigner in Chief,
Lier In Chief.
Barack Hussein Obama legacy of class warfare, in-sighting racial divisions and lack of fiscal responsibility resulting in Obama's Great Depression of the 21st century.
With landmark lawsuit, Barack Obama pushed banks to give subprime loans to Chicago’s African-Americans.
President Barack Obama was a pioneering contributor to the national subprime real estate bubble, and roughly half of the 186 African-American clients in his landmark 1995 mortgage discrimination lawsuit against Citibank have since gone bankrupt or received foreclosure notices.
How awful it was that Obama tried to help African Americans get mortgages?
The real problem was the Republicans should have been regulating the mortgage lenders between 2003 - 2006 when the housing bubble was growing ... but Republicans are always against regulations.
How awful it was that Obama tried to help African Americans get mortgages?
The real problem was the Republicans should have been regulating the mortgage lenders between 2003 - 2006 when the housing bubble was growing ... but Republicans are always against regulations.
Gee ... thanks Republicans !!!
It was a bi-partisan agreement to lower the mortgage requirements. Both parties felt that people buying their own homes was good. But the decision to bail out the Wall street bankers rather than letting them suffer the consequences of their bad loans was when the Dems controlled all 3 branches. The U.S. would have been much better served to take that multi trillion stimulus and divide it by the residents in the U.S. and given each of us a check rather than passing it out to rich Wall street bankers friends of Obama.
Wasting money that's not theirs is a Dems favorite pastime.
How awful it was that Obama tried to help African Americans get mortgages?
But the gave them a loan... they couldn't afford it. They thought it would be free like everything else.
Obama pushed for giving black mortgages they could not afford and today and in Obama's way, blames everyone else as if he had nothing to do with it.
As 19 of those 186 clients still own homes with clean credit ratings, following a decade in which Obama and other progressives pushed banks to provide mortgages to poor African Americans.
I am sorry but eRayP has likely heard and read that this 21st depression will make the one in 30's look like a walk in a cake park......
That is unless you have 18 trillion bucks handy.... Obama is just another dirt bag....... You lefties are probably going to live long enough to feel that sting too.
Sounds likely but to really understand... they'll just pass the sting off to their grandchildren.
See, feels better already, eh?
Quote:
The Liar N' Chief we got now probably can't tie his own shoes...
This one is not as good a liar as the slick one. I mean, you can see the lie on his face when he speaks his truth. He won't be known for the lie, just the deceit. He's telling the truth, just really hard to hear it. It's the tweak in the words.
'If I can just get a few good republicans to sign on, I'll sign it as soon as it gets to my desk.'
How awful it was that Obama tried to help African Americans get mortgages?
The real problem was the Republicans should have been regulating the mortgage lenders between 2003 - 2006 when the housing bubble was growing ... but Republicans are always against regulations.
Gee ... thanks Republicans !!!
Oh we are getting closer....... That Bubble belongs to one William Slit Throat Clinton, or commonly known as Slick King of the EPA
Sounds likely but to really understand... they'll just pass the sting off to their grandchildren.
See, feels better already, eh?
This one is not as good a liar as the slick one. I mean, you can see the lie on his face when he speaks his truth. He won't be known for the lie, just the deceit. He's telling the truth, just really hard to hear it. It's the tweak in the words.
'If I can just get a few good republicans to sign on, I'll sign it as soon as it gets to my desk.'
The slick one is still at the lies... i had to read that 3 times to be sure of what you were saying and I totally agree. Just a moment ago I posted on this very thing. Slick owns a lot of this mess. GWB was just not getting it and didn't fix any of it in 8 years..
Now we get a Bozo who can't run a road side lemon aid stand who appears to want to break the nation and or half the nation wants to break him.
At this point the debt is so crushing I think the nation will break under that weight. I expect to hear MORE lies, but see unemployment figures reach 25% surpassing anything the Great Depression was known for.
But instead of a Nickle being relief for a maybe movie once a month the same cost will be 50 bucks, and only IF there is food to go around......
Those with out food will riot inside of 3 days.
No one listens of course, but the math says a dollar is worth 4 cents silver. The day is coming that the Govt will not be able to carry on the scam. The writing is on the wall, and even a fool should see it.
No items are going up, the dollar is just going down and when that dollar meets reality, I am not sure if I want to be around lots of other people on that day...
That might mean it take around 350 pesos, err err dollars yeah that's it dollars, to buy a box of feminine bullets, and oh boy won't the gals be happy about that!
Clearly the Democrat Elite have plans for all these peasants.
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Republican Curse?
King of the EPA 
