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Old 11-01-2008, 04:20 PM
 
1,881 posts, read 2,685,729 times
Reputation: 361

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Obama and his ACORN criminals were one of the main reasons for this mess to begin with as he helped low income minorities get loans they could not pay.
He was a huge part of lowering the standards for loans via credit scores and no down payments so more minorities could own homes.
What they failed to look at what with terrible credit scores in the 500s shows those people are credit risk and do not pay their bills on time.
But no, they lowered the requirement for low income and minorities below what the rest of us were required to have and this is what we end up with.

Looking at this, Obama is No. 2 on the list and has only been getting money from 4 years, while most of the rest of them have been getting it for 19 years.

What does that tell you? Ask his buddy Franklin Raines or Jim Johnson how Obama has stolen so much in so little time.

Look at the No. 1 slot, one of the two men who did nothing to stop this mess and we know why.


Dodd 165k
Obama 126k


Then look who is at the BOTTOM.

John McCain

Who took ZERO from PACS. Look at Obamas 6k from PACS.

Also, I urge everyone to google Obamas tax records, they can be easily looked into and some very fishy stuff on his tax returns.
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Old 11-01-2008, 04:25 PM
 
Location: On Top
12,373 posts, read 13,199,456 times
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Quote:
Originally Posted by smd1998 View Post
Also, I urge everyone to google Obamas tax records, they can be easily looked into and some very fishy stuff on his tax returns.
Your post indicates that you already investigated, why not just post your most reliable source?
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Old 11-01-2008, 05:14 PM
 
Location: Brooklyn, New York
877 posts, read 2,768,889 times
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Sub Prime Mortgage issues http://www.responsiblelending.org/pd...nding-0506.pdf. More was going on then just the easy statement of uncredit worthy minorities.
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Old 11-01-2008, 05:18 PM
 
Location: New York City
1,836 posts, read 3,183,693 times
Reputation: 379
you are a racist. what do you mean "his own people".

I thought we were all Americans.
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Old 11-01-2008, 05:36 PM
 
3,709 posts, read 4,629,899 times
Reputation: 1671
Quote:
Originally Posted by BK2Westchester View Post
you are a racist. what do you mean "his own people".

I thought we were all Americans.
The answer is "constituents". Which is what Democrats do: try to convince people that they will reap great benefits from dependency on government. Try to let them think they have "won the lottery!" simply by voting for a Democrat.
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Old 11-01-2008, 05:59 PM
 
Location: Idaho
873 posts, read 1,589,126 times
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Quote:
Originally Posted by irishvanguard View Post
The answer is "constituents". Which is what Democrats do: try to convince people that they will reap great benefits from dependency on government. Try to let them think they have "won the lottery!" simply by voting for a Democrat.
Oh my more news from the ever so brilliant one here. But here's a newsflash for ya, those wealthy bankers, you know, the ones seeking all that corporate welfare from McCain...they aren't democrats.
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Old 11-01-2008, 06:00 PM
 
4,586 posts, read 5,480,125 times
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This thread needs to be moved to the "why are conservatives on here racist" thread..So it's all minority homebuyers fault huh...
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Old 11-01-2008, 06:18 PM
 
34,254 posts, read 20,543,686 times
Reputation: 36245
Quote:
Originally Posted by smd1998 View Post
Obama and his ACORN criminals were one of the main reasons for this mess to begin with as he helped low income minorities get loans they could not pay.
He was a huge part of lowering the standards for loans via credit scores and no down payments so more minorities could own homes.
Sounds like someone's machine is stuck on the SPIN cycle. If someone says a presidential candidate is the one of the main reasons for the economic crises has lost all rational intelligence in favor of mudslinging.

Do a little googling and let those who study economics clue you in. And don't read one source, or any publication which pits dems vs repubs. There is no shortage of articles on the credit crunch.

Google words like: credit crises, Bailout, Economy, Interest Rates, Wall Street Crisis, Business News, Baron's, and not RUSH LIMBAUGH, LIBERALS ARE RUINING AMERICA, or McCAIN/PALIN Mudslingerfest

Choose your own source and come back and show us where Obama is one of the main reasons.
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Old 11-01-2008, 06:45 PM
 
1,881 posts, read 2,685,729 times
Reputation: 361
Quote:
Originally Posted by BK2Westchester View Post
you are a racist. what do you mean "his own people".

I thought we were all Americans.

You love to take that chance and call that racist when it is not.

His own people meaning the people he says he represents, low income, minorities and any other community group he has helped get loans they do not need.
You spin everything in racism.
Real racism is this was Obama and his thug Acorn forced loans to people who did not deserve it, had not worked to get one and screwed over people who paid their bills on time, actually had a down payment and good credit scores.
It is racist to screw over people who work hard to pay their bills and maintain credit scores that are great.
Spin it how you want, but those who got screwed were those who earned their way to home ownership.
I remember when you had to have a 650 credit score to get a home loan, now losers with 400 credit scores get them and we all know what happens after that.
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Old 11-01-2008, 06:49 PM
 
1,881 posts, read 2,685,729 times
Reputation: 361
Quote:
Originally Posted by eastidahomom View Post
Oh my more news from the ever so brilliant one here. But here's a newsflash for ya, those wealthy bankers, you know, the ones seeking all that corporate welfare from McCain...they aren't democrats.

The numbers do not lie, look up the default loans and who owns them.

Then you will understand the percentages of foreclosures are in fact minorities.

Others are also in the mix but groups like Obamacorn made sure minorities got loans when they did not deserve them based on their poor credit scores and no down payments.

This is exactly what caused this mess and Obama was right in the middle of it all.

Corporate welfare, give me a break, those people write paychecks each and every week for people willing to work, welfare is only a give away to losers who collect welfare, food stamps, and free health care.
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