Democrat’s Cause Financial Crisis – Film at 11, but only on FOX !

9 Community Comments, Facebook Comments

  1. ClubTwitty says:

    Oh wait, you’re a Republican sockpuppet, devoid of original ideas.  Sorry, keep posting Faux News clips.  

  2. parsingreality says:

    In the belief that Hispancs and Blacks will swoon and give the R’s their votes.

    Now you guys whine incessently that this is THE cause of the collapse.  Which it isn’t, of course.

    Which way is it? Oh, the Republicn lie like a mofo way.

  3. Barron X says:

    .

    The allegation is that when the GOP controlled the White House, the Senate AND the House,

    the Democrats were calling the shots and making the decisions.  

    So tell me again,

    why should we elect Republicans,

    if they can’t even stand up to the Minority when they are in control ?

    What would be the point ?

    .

    • Jambalaya says:

      …of those points that book-end your posts?

    • NEWSMAN says:

      ny times

      By STEVEN A. HOLMES

      Published: September 30, 1999

      In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.

      The action, which will begin as a pilot program involving 24 banks in 15 markets — including the New York metropolitan region — will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans. Fannie Mae officials say they hope to make it a nationwide program by next spring.

      Fannie Mae, the nation’s biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.

      ”Fannie Mae has expanded home ownership for millions of families in the 1990’s by reducing down payment requirements, ” said Franklin D. Raines, Fannie Mae’s chairman and chief executive officer (and current Obama advisor).. ”Yet there remain too many borrowers whose credit is just a notch below what our underwriting has required who have been relegated to paying significantly higher mortgage rates in the so-called subprime market.”

  4. Go Blue says:

    would continue to carry the water for republican party after their actions this week. If Rush Limbaugh was making fun the House R’s.  

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