The Mortgage Crisis Truth

The Democrats are responsible for the crisis but are in denial. See The Community Reinvestment Act of 1977 during the Jimmy Carter administration

Category:

News & Politics

Tags:

• Mortage
• crisis
• democrat
• responsible
• democrats
• in
• denial

[MrClockwork2007]

Fuck the government because all mortgage contracts are null and void and forgery just for the simple fact the currency in this country called the U.S.A is counterfeit and forgery because it is not real money just monopoly money which I would call high treason against all the black kings and queens in America which is suppose to be a FREE country a free government so really u can never buy a house its just slavery at its best fuck the new world order and all white crackers!!!

[boxerguy1982]

I wonder why the left Jew Media and MSNBC never talks about the relationship the Dems have with Fannie and Fraddie? They wanted poor, white trash and ghetto idiots in homes they could not afford, well, you got it. Wall Street came after the fact. Most liberals who voted for Obama never even graduated High School so they don't know what is going on. This is what happens when you push your "social equality" bull shit you liberal pussies.

[OlivierdeAthos]

@johnnydeant

S.190 passed the Senate Banking Committee on July 28 2005 but was never sent to the floor for a vote. By May 2006 it still hadn't been sent for a vote, so Hagel (sponsor) and 25 other Republicans sent a letter to Frist urging he send it for a vote. Note A) he doesn't mention filibustering as the reason for the delay, and B) he doesn't mention McCain as a co-sponsor because he didn't join until later.

durbin. senate. gov/showRelease. cfm?releaseId=255441

[OlivierdeAthos]

@johnnydeant

"Do your own research, I have."

The standard line from a guy with no source to back up his claim. If you've done your research then you can easily provide me with a link to a 2005 or 2006 article mentioning Dodd's threat to filibuster S.190. It's easy. Look, here's Rove's revisionist Op/Ed from 2009:

online. wsj. com/article/SB1231372205505625­85. html

You just have to add a space after each period. Now link me to a source from 2005/6 showing evidence of Dodd's threat.

[johnnydeant]

@Gregorypeckory I know you're slow, but I said both parties were responsible. If you are going to say something at least get what I said right.

[johnnydeant]

@OlivierdeAthos I didn't patch this video together, try more lies. All you have to do is look up the proposals that were made and mentioned in the videos. Do your own research, I have. Not only on the video, but I actually looked up all the references made in the video to make sure for myself. You can do that too. It won't take too much of an effort.

[johnnydeant]

@Gregorypeckory Listen, I know you are too stupid to do any reading for yourself, but I'll encourage you to try. Bush did try to increase regulations over the financial sector. The democrats did fight him every time. You would only have to spend a little time looking into it for yourself. It won't be too hard, but if your little brain starts hurting take some aspirin and rest for a little bit. Then try again you ignorant son of a dog. I blame both parties, but I know you are too stupid

[OlivierdeAthos]

@johnnydeant

Both parties are definitely to blame for the housing crisis, I'm just trying to deflate a particular talking point here. I've never seen any evidence that there was a filibuster or threat to filibuster S190-109th except Op/Ed pieces that were written by Rove after the fact. Can you cite a news source that mentions a threat to filibuster at the time? (As I said, Bush deserves credit for refusing to appoint board members to Fannie and Freddie. First president to do that.)

[johnnydeant]

@OlivierdeAthos If you actually check the record you will see that a filibuster was threatened by Dodd and company. They either filibustered or threatened that they filibuster all 17 bills that were brought up. Some never made it to the floor because of this. I'm not saying that republicans are innocent in this, far from it. I'm saying that they are both responsible, and that we all need to come together to make sure our children never go through this again, and was showing that Bush did try

[OlivierdeAthos]

@johnnydeant

Not quite. The Dems won the election in Nov 2006, and thus took control of the House in Jan 2007. I know what a filibuster is, but they don't specify which bill. HR1461 passed in the House in 2005 but the Senate Banking committee never voted on it. S190 passed in the Senate Banking Committee, but was never put on the agenda for a floor vote. It wasn't filibustered.

Bush, to his credit, refused to appoint members to the boards of Fannie and Freddie.