TPMtv: Blame Game

[Phantastek]

Neil Cavutos' cheeks are full of Hannity CUM!

[randomactsofwhatnot]

Neil Cavuto is a racist idiot. Fox Noise is not a reputable news source and any one who watches it needs to have their head examine.

[SupraSovereign]

I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. ~U.S. President Abraham Lincoln, Nov. 21, 1864 (letter to Col. William F. Elkins)

[SupraSovereign]

As a result of the war, corporations have

been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed. I feel at this moment more anxiety for the safety of my country than ever before, even in the midst of war. God grant that my suspicions may prove groundless.

[dolofonos]

It _was_ minority lending. 'Minority' is the precise term to use. It was in the name of 'minorities' that those policies were put into motion because due to accusations of racism at the lenders.  I really don't see what difference one's conclusion makes on the matter: Either you blame low-income and you are a RACIST WHO OFFENDS AFRICAN-AMERICANS or you take the only other choice and blame the lenders themselves and YOU ARE A NAZI WHO OFFENDS JEWISH-AMERICANS. I'm sure each prefers the other.

[housebitchrules]

There's just way to many fucking people here in our Country. That's the main problem People cost money. And money is what our Country gave these illegal emigrants. The FDA is about our worst ever!

[SupraSovereign]

Below you will find your culprits. Its the World Bank, IMF, WTO and soon to be the NAU unless you cattle wake up already.

The US has already lost its sovereignty De-Jur in 1945. Set up a new government, surrendered the US sovereignty to a new government based on ECONOMICS. They are going to surrender the US De-FACTO now. Watch for the North American Union. The final shot. Prepare to be FULLY enslaved.

[SupraSovereign]

Its the NEW WORLD ORDER! This is a GREAT reason why CORPORATIONS canNOT govern because corporations rule by PROFITS and NOT by laws. If corporations make the laws then they will produce tyranny and dictatorship. Its the only option...THINK ABOUT IT.

Now here is the problem: the corporations have ALREADY taken control by treaty. They dont want you to know that a little known government was ALREADY created at Bretton Woods and ratified in 1945. US Sovereignty was surrendered to it QUIETLY!

[dolofonos]

SupraSovreign: Corporations cannot create tyranny. If corporations were the only law-makers then you would have the exact opposite. Tyranny is the result of oppressive government, not oppressive business. Corporations can only 'play dirty' with government help; downsize the government and you downsize tyranny. Big business is not the source; stupid Americans who want big government to take care of them is. One thing Democrats AND Republicans have in common it is desire for big government.

[SupraSovereign]

by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed. I feel at this moment more anxiety for the safety of my country than ever before, even in the midst of war. God grant that my suspicions may prove groundless. ~U.S. President Abraham Lincoln, Nov. 21, 1864 (letter to Col. William F. Elkins)

[SupraSovereign]

I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. As a result of the war, corporations have

been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign

[RKingFaraday]

oh no- our liberal propagandist masters will be furious when they find out you posted this here!

quick, someone put on a barbra streisand record and light me a doobie. after forgetting to pick up my welfare check and THIS i'm practically a goner

[rachelallencamus]

greg... a little more confidence, man!

[skcusmocaiv]

WHERE IS JOSH??????!

[RealCaptainAmerica]

I'm a minority. I own a house. I make my mortgage payments on time. This crisis is my fault??

The only overdue payment I have is paying my boot up their asses! That's a payment I'd love to make!!

[voyzovrezon]

No wonder McCain wants out of the debates. He's trying to distance himself from...his own party.

[SquallCloud]

Wow.

[pvisserandorra]

When do lenders not asses risk? Lenders beware! The risk of lending money is on the LENDER not the borrower.

[DennyMclain2008]

the race card was used to sell these bad loans. now the liberals still don't want to admit this. and yes.. both republicans and dems are guilty. but you granolas are still using the RACE CARD.

[jjoshaugh]

Oh go shove the race card down your underwear.

The act in 1977 just made it illegal to only target one area (whites) for loans. It forced banks to consider loans from all applicants equally regardless of where they came from or any other considerations. It did NOT force them to take unsafe loans from anyone, white black or smurf.

And the CRA act was gutted in 2004 by Bush anyway

[godlyfighter]

Why is it that Greg always looks like he's an aid's patient? I'm a loyal subscriber to this site. I'm not trying to belittle him. I'm just curious. I'm actually worried.

[pdxktv]

Wow, that's pretty mean spirited.

[zack7787]

The debates go on! Mccain can run for president but he cant hide from his record!

[Ih8Hippies69]

I'm going to enjoy watching your moonbat messiah stutter, dodge questions, and say uhh... %35 of the time. You people are so pathetic.

[phuture101]

I'm going to enjoy your Photo opp solider bumble through his speech. Thats why he did not want that debate. Townhall my ass! Your pathetic to want more of the same 8yrs with 4 more with another dummy to fuck off the country. You people act like you don't see they fuck up the country because you LIKE or LOVE that party and not america? Face it no matter how you spin it Republicans fucked up the country within 8yrs. Thats a fact! Not an opinion. The numbers show that in all areas!

[Ih8Hippies69]

What bullshit, after the dhimnocrats took over in 2006, gas doubled, mortgages started shitting the bed, the surge in Iraq was successful IN SPITE of your efforts to surrender. Even Clinton said the mortgage issue was the fault of dems resisting repub attempts to stop the shitty loans. Both parties suck, but I notice the left never criticizes the dems, and ignores their scandals. Kennedy killed a woman and he's still in the senate. You lemmings are a joke, Mccain is going to stomp nObama.

[ChristiansMustLearn]

Dont worry about democrats...band together. We're a nation divided against private bankers and we're screaming at each other. The FED is a privately owned bank that lends $ to the treasury at interest. Save the vitriol for the real culprit...not minorities, dems or anyone else.

Its all a big scam...wake up.

Watch this

watch?v=30-WtZTH06o&feature=re­lated

Notice that Morgan and Rockefeller interests are ALWAYS served in these meltdowns.

Wake up! Get mad and end the FED.

[nickblain18]

who are you trying to soothe? where do you stand?

[phuture101]

Why do you stupid ass keep saying shit that even the Republicans are saying they fucked up!So you can defend something they said they did.Republicans have admitted to the corruption.So you rooting for them like it's a sports team makes you look even more stupid.McCain's running on Change.LOL!!From what it has to be from Republicans right? Kennedy's not running!You Dummy!You voted for bush huh?LOL!!So your still lost in policy! Keating 5 effcted america,Kennedy effect that family.Big difference.

[nickblain18]

the democrats don't have a 2/3 major in both houses so they can't pass laws while the republicans drag their heels on every issue and scream that the democrats are doing nothin so check your facts before screaming murder.

[nickblain18]

i enjoyed watching your white whale take a dive in the polls. with his second wife(palin in case you didn't get it)

[valiant411]

you mean his third, but i digress. good call

[haven7734]

actually being uninformed isn't the problem with most of the poor/middle class republicans, it's just plain DENIAL. i'll try to make this as clear aspossible...YOU'RE GONNA SUFFER DUMMIES!!!NO MATTER YOUR COLOR, suffer.

[karinablack]

I'm calling b.s. There's no such simplistic answer. My family bought a house on terms and payments we could afford- and then EVERYBODY lost their jobs due to downsizing, we incurred debt due to illnesses and accidents that happened when we didn't have health insurance.

So many people in this nation are living hand to mouth and paycheck to paycheck. THAT's the root of the problem- it only takes one little thing to snowball.

[haven7734]

whoever votes these rich hypocritical freaks back in,deserves to lose everything they own. poor and middle class republicans are the most uniformed people in the world.wake up.

[alnewberry]

Another case of the government creating a problem through intervention, then declaring itself to be the answer to the problem. Or as Harry Browne put it, "The government is good at one thing...it knows how to break your legs, and then hand you a crutch and say 'see if it weren't for the government you wouldn't be able to walk.'"

[florbrad]

Can anyone name one single time in American modern history where someone in such a potentially powerful position has been shielded the way she has?

Makes you wonder what they've got to hide....

And I'm damn sick and tired of wondering what our govt has to hide.....

[GretchenDawntreader]

those pesky, risky minorities. So uppity! Sometimes articulate, even clean.

Any African-American who votes republican must be rich or have a screw loose.

[taylor8407]

Imagine the irony here. In a political effort to make themselves appear helpful to minorities the republicans push for bad loans that do nothing more than make republicans richer and push stuggling people further into the ground. So now they can cry we tried to help minorities with bad policies on our part but then they are the cause of this problem...

[jmspftw]

That Republican Strategist is all wrong. The deregulation did happen under Clinton, but Congress was Republican at the time. They passed it, and some blame could go to Clinton for not vetoing it, but you have to remember that this was in 1999, there was an election going on, and he really wasn't taken seriously due to the impeachment.

[jjoshaugh]

And it was Phil Gramms name on the Bill, the same one that is McCain's financial adviser and will become treasurer if he wins the election.

[GivettheGAS]

Both sides are dirty in this. That's why we should vote for a third party this year. Can anyone honestly say that these problems won't happen again? I think it's time for real change in the whole American political universe. There are better options for America in the third parties and not the Republicrats.

[rollsthepaul]

It is important that the fat cats get their golden parachutes. It is critical that they remain complicit with the rip-off of the masses. They will be agreeable if they know they'll get their pay-off, regardless. This essentially is the purchase of the scum needed to run the rip-off system we call the financial markets. Perhaps it is not surprising that anyone, with any decency left, calls Paulson out when he says "Gimmee cash fast and trust me". Yeh, right.

[janusanus]

why does this video imply that it actually was miority lending that caused this problem?

(it does that by showing that "davis" advocated it)

[MooseOfReason]

Cavuto or Greg?  Hahahaha.

[MooseOfReason]

End the Fed!

[PressPlayAlready]

Days of Our Lives viewers for OBAMA

Bold & The Beautiful viewers for OBAMA

One Life to Live viewers for OBAMA

The Young & The Restless viewers for OBAMA

General Hospital viewers for OBAMA

Guiding Light viewers for OBAMA

All My Children viewers for OBAMA

As the World Turns viewers for OBAMA

Passions viewers for OBAMA

Night Shift viewers for OBAMA

[infinit888]

So the banks were FORCED to give out these loans right?

[MooseOfReason]

Forced by the people who asked for them by filling out a couple forms.

[infinit888]

"Forced by the people who asked for them by filling out a couple forms."

Please cite a legal case where people forced a bank to give out a loan when they didn't qualify for it.

[MooseOfReason]

It was a joke. I was being sarcastic - pretty hard to show that on YouTube.

[geroldf]

These Repug dimwits are a hoot.

"Why oh why did we put those minority proles in charge of our financial system? Did you know that the executive officer of the SEC is an illegal immigrant? Thanks a lot Demo-commies!"

The neoGOP bunglers are not only incompetent but delusional. It's time for them to go back to church and let the grownups get things working again.

[adFC]

so is this Greg guy blaming minorities for the crisis? maybe it's the unscrupulous owners that thought of only making a major profit rather than running a successful business. just my thought. besides this was bound to happen regardless, because capitalism is a flawed system that will turn on itself.

[MooseOfReason]

Greg is one of the hosts of "TPMtv". The guy on FOX News is Neil Cavuto.

But too much government interference in a free market can cause things like this to happen.

[chutney2000]

Actually the impetus for this fiasco was the repeal of the post depression banking acts which paved the way for the instruments that caused the melt down. It wasn't interference that caused this ... it was ill advised lending practices spurred on by lack of regulation and oversight. boiled down the "Free Market" sold the rope that hanged itself.

[adFC]

well yeah, i do agree, but i guess the point i'm trying to make is that these problems are kind of expected because, well let's face it, the best example of capitalism is organized crime. and what has happened with this situation is a crime, and a well organized one too.

[ktokyo]

I can't believe "minority lending" is a term that can be so easily used. If they said "non-white" lending it would seem much more racist, but it's virtually the same thing.

[richmoves]

Vote for Obama in Nov. End GOP rule in the white house!

They have really fucked things up.

[dingorex]

Carter and Clinton pressured their Attorney Generals into forcing these unsound lending practices. Obama got over 100,000 from Fannie Mae--I suppose this is also Bush's fault.

The dems have had their 2 years and done nothing.

McCain at least tried to get this mess changed back in 2005. No one listened and a 1 trillion spending spree by Obama is not gonna help one bit.

[MooseOfReason]

How have Republicans "f'ed things up"?

[PreetSG]

Bring back Josh!!!!!

[MooseOfReason]

Or Kate Clonick!

[malachre]

I heard someone local say that if you don't make over 50k a year you don't have the right to get a house.

[julianhpike]

a democrat neo-con is to be blamed; Woodrow Wilson.

learn your history folks.

[MooseOfReason]

Amen. He's the reason we have the Federal Reserve. Well, part of it anyway.

[Bolgernow]

These fucking sharks need to be placed on land to flop...

Phil Gramm, McCain financial adviser, and his DEREGULATION of the banks and home mortgages holds a HUGE blame...

[ltlillil]

Blame the poor! They're the people actually pulling the strings. Let other countries blame the rich and powerful for America's financial meltdown. Americans, in their infinite wisdom, know that it's the poor who run the show in the United States. That's what we mean by American exceptionalism-- a Republic for the poor and by the poor.

[luvangel330]

So white people are the only ones able to hold on to thier homes?

[denicci1977]

What the hell does race and status have to do with this mess ? Plus how do they explain all these million dollar home foreclosures that are not owned by minorities ? Please forgive people for not knowing many years ahead that their homes would be foreclosed on due to their job outsourcing and being such an economic crisis they could not find another job and pay their mortgage. This is a bunch of bullshit. Fox should have been shut down a long time ago.

[BlueTunisia]

Wait, did I just hear you say deregulate Wall street? Hah! It's actually a result of them over regulating wall street. The housing bubble is a result of some dismantle rules, but the root of the problem is we're not a free market because we have a controlled money supply. Artifial low intrest rates and inflation is the cause. The real reason for the housing bubble is overprice property due to interst rates. More money the banks have, the more they lent. Same with the tech bubble and any other 1

[BullnBearAnalytics]

Watch my commentary, it's much better than TPM liberal media

[luvangel330]

Get over yourself

[BullnBearAnalytics]

Wow, fuck yourself

[Mel1334]

Great Job reporting. Fucking Fox News. Yeah, lets blame Minorities..fucking racist ass.

[jsfumato]

Yeah blame the po' folks...for wanting to get a little taste of this so called American Dream that is continually crammed down the collective throat as the way and the truth and the light...well the dream is over as John Lennon said ...and im sure we'll all be living in economically segregated "Default Ghettos" while the Paulson posse retire to Boca for a bit of Golf , and drink the blood of the tax payers.

[sugarpuddin88]

Banks are allowed to lend endless money - Money they don't even have!

And the Federal Reserve bank is allowed to print Americas money at interest - The FED Reserve bank is owned by private bankers (mostly from over seas)

Fannie & Freddie were leveraged 1:150

All major Wall Street Firms are leverage 1:25 to 1:30!

This was encouraged by the FED; and allowed by Congress! It makes Enron look like the Boy Scouts!

Gimme a break!

Get a second citizenship!

Time for to be "self reliant"!

[hellshade2]

when it comes down to it who ultimately approves the loans? not the goverment. it's the bank or loan institution that gives the approval. if people were givin loans that they could not afford who is to blame? again the bank or loan institution because they should be checking out any any prospective borrowers finances and credit. but of course deregulation and greed are also factors.and of course economic factors on variable rate mortgages. so lets blame carter,clinton and minorities...

[hillsad]

Way to go Greg and TPM! That quote at the end rocked! Stick it to em and don't stop.

[sachaput]

I blame Lincoln and that damn liberal Jefferson. Bastards!!

[thermalfreek]

You are a gas, gas , gas!!!

[StormyWeather21]

cavuto is a douche what the hell is wronge with these people. don't lend money to these type of douche bags like cavuto.

[Tomtuber1988]

Good reporting!

[SubmarinerAndroid]

I blame liberal bloggers and YouTube videos for the financial meltdown.

[GZUSKRYST]

I blame gay marriage and flag burning.

[MooseOfReason]

Actually, flag burning would be good for the economy. Because then people would keep buying flags and it would stimulate the economy, and flags could be made right here in America.

[chutney2000]

I blame Fluoridation.

[hollyhoodjoe123]

I blame the Dallas Cowboys for the financial meltdown.

[dogstar7]

The naked hubris of it!

Scapegoating minorities

and single mothers!

Bastards!

Please, if early voting is an option in your state TAKE A VOTER TO THE POLLS once a day, every day...from now until November 4th.

I don't have to tell you how to vote.

Just make sure everyone you know does, too.

Thank you

[theunknownpatriot]

everyone is speaking 1/2 truths. don't forget ACORN Greg. I say throw every one out of office. all of them. this is just political dung. there is no civility,it is just BLAH BLAH BLAH!

[McCainTheTurdburglar]

Let's say some homeless guy walks into my store and says, "I like that bed, why don't you loan me some money so I can get it. In fact, give me a couple extra grand. You'll be making money off the loan anyway." It would be my fault if I made that loan- I'd lose the money.

But the wealthy and "important" people in this country can expect huge privatized profits when times are good and socialized losses (on the backs of the people they royally fucked) when the shit hits the fan. Disgusting.

[Adrasteia988]

Google Roland Arnall, founder of Ameriquest/biggest GOP contributor.

All arrows point to Gramm in 99 to rollback regulations and firewalls put in place after the depression. Once they were gone, the schemesters found a great new way to make money.

Then, to make matters worse, the OCC the feds who are supposed to protect consumers) turned a blind eye to the banks activities, even keeping individual states from protecting consumers. The OCC was funded by the banks.

[y2raza]

Alex & whats her face are the mexican version of HOUSE NEGROS & that is a fact!!

[7tCinema]

Greg ! Get some sleep ! I'm going right now

[ruddypoo86]

Cavuto is a disgusting piece of sh*t.

[jnycnuk]

yea... maybe it was that dirtbag grover cleavland or that evil andrew jackson. christ, republicans will spin this thing every which way they can.

p.s. cavuto is a putz.

[jjoshaugh]

For once I'm completely speachless. The utter gall. Hi lets blame an act formulated in 1977! Whoo hoo!

[hollyhoodjoe123]

The following are some facts that debunk Republicans lies:

*In late 2004, Bush severely weaken the CRA

*Roughly, One in four sub-prime loans were made by the institutions fully governed by CRA.

*Half of sub-prime loans came from those mortgage companies beyond the reach of CRA

*further 25 to 30 percent came from bank subsidiaries and affiliates

*The CRA went a quarter of a century without any problems until recently.

[hollyhoodjoe123]

*Independent mortgage companies, which are not covered by CRA, made high-priced loans at more than twice the rate of the banks and thrifts.

So, in conclusion, Republicans are fucking liars. This is the most absurd argument ever. How come everytime there is a economic crisis, they find a way the blame minorities. This is damn near racist!

Personal responsibility isn't a one-way street! Wall Street the main culprits here! Not the government, not the CRA, and not poor people!

[IIIJHUSSLEIII]

SUCH BULLSHiT!

REPUBLICANS MAN UP!!

[MooseOfReason]

Yeah, at least the Democrats brought the troops home after the 2006 elections.

...oops.

[janusanus]

well they tried but got filibustered. And since they only have just over 50% but not more than two thirds of congress, they don't have enough votes to break the filibuster (actually it was a veto from bush but result is same)

In the senate Dems would only have a majority if you count joe lieberman as being a Dem, but on iraq issues he votes with the Rep. So the Reps have all the power to block anything the Dems try.

[MooseOfReason]

They voted to fund the war! Admit it. If they actually cared, they would have voted not to fund it. But they did. There were plenty of Democrats who voted to fund the war.

By the way, there's no "filibuster" in the House. That's just in the Senate. So how come all the war spending bills passed so easily in the House?

[Williamkurk]

Rick Davis eh. Wow. Well, what a coincidence. People can't pay back these loans now, so they were obviously good enough to get them...makes no sense.

If just a portion of the people in this country paid attention to how ridiculous this sounds, Republicans should never get in office because of this. The blame wasn't on democrats, because they're not 'running' the country. Gesh....

[entropyfu]

Carter admin? AHahahaahahahahaahahahaahahaah­aha

[MooseOfReason]

Yeah I know, more like Wilson administration.

[kalane]

I can't believe Cavuto said that TWICE!!!

[baronmorris]

yeah, the repetition really gets me.

[MooseOfReason]

Gotta "catapult the propaganda," to borrow a phrase from a certain president.

[foley15136]

That's hilarious! Carter and Clinton! I guess it skipped right over the twelve years of Reagan and Bush 41. That's outstanding!

[foley15136]

oh yeah, and the term of Bush 43 now.

[MooseOfReason]

How about Woodrow Wilson?

[badgrammar]

greg, you always look so excited. i get pumped up just listening to you speak!

[MooseOfReason]

He's so inspirational.

[thesunofjuda]

First bitch

[hollyhoodjoe123]

yeah ho!