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Obama urges lenders to make bad loans to irresponsible borrowers at taxpayer exp


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2013 Apr 8, 12:24am   1,034 views  4 comments

by golfplan18   ➕follow (1)   💰tip   ignore  

http://ochousingnews.com/news/obama-urges-lenders-to-make-bad-loans-to-irresponsible-borrowers-at-taxpayer-expense?source=Patrick.net

The causes of the housing bubble are myriad and complex. Learning the lessons of history from the housing bubble is made more difficult by distortions of fact by political partisans seeking to further their self-serving agendas. The political right incorrectly blames the GSEs for inflating the housing bubble because they want to see those entities eliminated. The political left wants to blame the banks for everything so they can feel justified giving free money to loanowners to buy political favor. The spin and the lies makes discerning the truth and learning the lessons from the innumerable causes of the housing...

#politics

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1   Oil Can   2013 Apr 8, 1:06am  

APOCALYPSEFUCK is Shostakovich says

Is Obama a Realtor?

Or how much of Washington is getting money from NAr and TBTF banks? But your comment was funny.

2   Mobi   2013 Apr 8, 1:44am  

Oil Can says

APOCALYPSEFUCK is Shostakovich says



Is Obama a Realtor?


Or how much of Washington is getting money from NAr and TBTF banks? But your comment was funny.

No, he is not a realtor, but considering the commissions to D.C. in currency form or not...

3   fedwatcher   2013 Apr 9, 7:47pm  

Obama is a politician. The numbers say that about 65% of households think they are 'homeowners'. Thus they want home prices to rise and the politicians want them to see home prices rising.

It is that simple!

4   marco   2013 Apr 9, 9:03pm  

Obama sold out every average American to his Bankster and Wall Street buddies in the first 60 days after his first election. And is still doing it. Here's what a black man with a PHD in constitutional law thinks of him:

".....we end up with a Republican, a Rockefeller Republican in blackface, with Barack Obama.... a black mascot of Wall Street oligarchs and a black puppet of corporate plutocrats.”

Dr. Cornel West
Yale University

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