OBAMA WANTS BANKS TO GIVE HOME LOANS TO PEOPLE WITH BAD CREDIT…


of march these loans will be BACKED BY THE TAXPAYER. couple to story: http://www.washingtonpost.com/business/economy/obama-administration-pushes-banks-to-make…

{ 25 comments }

boxingboycow June 16, 2013 at 1:21 am

it was the revision in 96 that made it happen.

Ivan Mockba June 16, 2013 at 1:55 am

Obama is out to destroy America, and that is his purpose, and his masters plan to implode America.

egrip45 June 16, 2013 at 2:37 am

Some things, err most things never change .

Joey Drunko June 16, 2013 at 3:14 am

Honestly, we have bad credit, and need a loan.

But then again, it’s HIS FAULT for killing all the jobs in the first place.

I think he is just feeling guilty, as he should!

Skindoggiedog June 16, 2013 at 3:27 am

You are shit.

Tim Weaver June 16, 2013 at 4:15 am

has bob not heard of credit default swaps? fuck this guy sounds more and more like a koch clown

packratt76 June 16, 2013 at 4:29 am

This actually all started with the CRA Community Reinvestment Act of 1977.

DaBearsManiac June 16, 2013 at 5:21 am

It’s very Keynesian actually

stereoroid June 16, 2013 at 5:45 am

You have a point, but why are you shouting?

Another point that needs to be made is that too-easy access to credit is inflationary. The price of something is what someone is willing *and able* to pay for it, and sellers charge whatever can be paid by the buyer. The last housing bubble would have popped earlier had banks been stricter with lending requirements. This is not a partisan issue, neither is it “socialist” or “Keynesian”.

tbaarr1 June 16, 2013 at 5:48 am

enjoy lying to yourself repub trolls
.INTELLIGENT PEOPLE OF THE 99% WILL VOTE DEM AGAIN IN 2014..ESPECIALLY SINCE YOUR REPUBS JUST VOTED TO END THE 8 HOUR WORKDAY AND ALL OVERTIME PAY…ENJOY YOUR PAY CUTS TROLLS……VOTE DEM 2014 AND 2016

tbaarr1 June 16, 2013 at 5:59 am

another dumbass racist punk heard from…C YA STUPID ,,WE INTELLIGENT PEOPLE OF THE 99% IGNORE YOU AND YOUR BUDDY MARTIN AND WILL VOTE DEM IN 2014 AND 2016

Cole Walker June 16, 2013 at 6:26 am

Holy shit – you are obviously the dumbass.

Ryan Fields June 16, 2013 at 6:34 am

Is it Obama or the banks? Cauae either way the banks got paid.

Bob Trollston June 16, 2013 at 7:29 am

I know its too late but… BOB 2013!!!!!!! BOB FOR PRESIDENT!!!!!!

tbaarr1 June 16, 2013 at 7:47 am

YOU DECIDE TO SUPPORT CORPORATE WELFARE BY MAKING THE MANY POOR AND NEEDY AND ELDERLY GIVE UP BENEFITS THEY NEED TO SURVIVE…TO PAY FOR YOUR COMMIE SOCIALIST TAX BREAKS FOR THE RICH……THE OIL COMPANIES MAKE BILLIONS IN PROFITS..WHY DO THEY NEED TAX BREAKS …. I REPOSTED THIS FACT YOU STUPID NAME CALLING TURDPILE….. I NOTICE YOU IGNORED IT LIKE THE ARROGANT PUTZ YOU ARE…REASON YOU IGNORED IT IS YOU CANT REFUTE ITS FACTS….STAY STUPID YOU WORTHLESS TROLL…WE WILL VOTE DEM IN 2014

xUbastardx June 16, 2013 at 8:36 am

Aww, someone’s up past their bed time aren’t they? Take your medicine, brush your tooth and go to bed sweetheart. Oh, and you shouldn’t be name calling, it’s not nice. 8)

tbaarr1 June 16, 2013 at 8:49 am

it aint temper ya idiot punk.. its what you deserve when you DECIDE TO SUPPORT CORPORATE WELFARE BY MAKING THE MANY POOR AND NEEDY AND ELDERLY GIVE UP BENEFITS THEY NEED TO SURVIVE…TO PAY FOR YOUR COMMIE SOCIALIST TAX BREAKS FOR THE RICH……THE OIL COMPANIES MAKE BILLIONS IN PROFITS..WHY DO THEY NEED TAX BREAKS ..YA STUPID IDIOT REPIG LEMMING PARROT….YOUR THE EASY ONE..YOU ARE SUCH A PARROT OF TEA BAG BULLSHIT ITS LAUGHABLE…C YA STUPID….WE INTELLIGENT PEOPLE WILL VOTE DEM IN 2014/2016

tbaarr1 June 16, 2013 at 8:55 am

WHAT A DUMBASS..THE OPINION OF AN IDIOT RACIST ANTI SEMITE PUNK LIKE YOU IS AS WORTHLESS AS THE TOXIC ASSEST YOUR REPIG PARTY CAUSED..PISS OF LITTLE PUSSY…..C YA STUPID ,,WE INTELLIGENT PEOPLE OF THE 99% IGNORE YOU AND YOUR BUDDY MARTIN AND WILL VOTE DEM IN 2014 AND 2016

RawpowerGroudon June 16, 2013 at 9:19 am

What a dumbass. Doesn’t matter which party you’ll vote. Nothing will change.

tbaarr1 June 16, 2013 at 9:35 am

another dumbass racist punk heard from…C YA STUPID ,,WE INTELLIGENT PEOPLE OF THE 99% IGNORE YOU AND YOUR BUDDY MARTIN AND WILL VOTE DEM IN 2014 AND 2016

mrmartin889900 June 16, 2013 at 10:19 am

bad loans to blacks and latinos

RawpowerGroudon June 16, 2013 at 10:34 am

Haha! Joke’s on you. The Jews are manipulating everything.

RawpowerGroudon June 16, 2013 at 11:26 am

This guy’s most likely a Jew and most likely a spy for them because he never mentions the Jew as the cause of all the ills transpiring.

menotyou48 June 16, 2013 at 12:11 pm

“NOBODY YOU KNOW LIKES IT YET IT GETS VOTED IN OVER AND OVER?” Everyone I know likes it and is proud to have voted for it. One of my friends even got a “11/04/08” tattoo. Sorry that you live in a flyover state.

Reginatay C. June 16, 2013 at 12:34 pm

The democratic party founded the KKK. It’s now known as the socialist/fascist party. This two party dictatorship we live under is a scam.Your vote doesn’t mean shit it’s rig to get the results that the corporate elite want. They want the colors and illegals to be on the side of this wonderful half breed that can only tell big fat lies.Then they will enslave them to a life of debt.Because we all should know the Anglo saxon won’t let America be free. If there ever was an America!?! economic jihad

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