Sell Your Treasuries Now

[ObamacareForever]

The terrorist caucus is going to put the United States in default. That will drive the value of your bonds down.
Wall Street is going to have to reign in the Republican party, just like they did in 2008.

 

[Boca]

The terrorist caucus is going to put the United States in default. That will drive the value of your bonds down.
Wall Street is going to have to reign in the Republican party, just like they did in 2008.

Excuse me. Republicans? Either you don't know what you're talking about or it's just another one of your disinformation assertions.

Lawrence Kudlow and Stephen Moore, both of whom have been
named as economic advisers to Donald Trump, argue that the financial crisis and
recession was caused by policies Bill Clinton implemented that were designed to
stop discrimination in housing loans, known as “red-lining,” in poor areas. In particular, they argue that the Community Reinvestment Act (CRA), legislated in 1977, is to blame.


“Under Clinton’s Housing and Urban Development (HUD) secretary, Andrew Cuomo, forced Community Reinvestment Act regulators to give banks higher ratings for home loans made in ‘credit-deprived’ areas. Banks were effectively rewarded for throwing out sound underwriting standards and writing loans to those who were at high risk of defaulting.

Here's what really caused the housing crisis

Despite conservatives' arguments, it certainly wasn't federal programs aimed at helping low-income home buyers

www.cbsnews.com

 

[ObamacareForever]

Excuse me. Republicans? Either you don't know what you're talking about or it's just another one of your disinformation assertions.

Lawrence Kudlow and Stephen Moore, both of whom have been
named as economic advisers to Donald Trump, argue that the financial crisis and
recession was caused by policies Bill Clinton implemented that were designed to
stop discrimination in housing loans, known as “red-lining,” in poor areas. In particular, they argue that the Community Reinvestment Act (CRA), legislated in 1977, is to blame.


“Under Clinton’s Housing and Urban Development (HUD) secretary, Andrew Cuomo, forced Community Reinvestment Act regulators to give banks higher ratings for home loans made in ‘credit-deprived’ areas. Banks were effectively rewarded for throwing out sound underwriting standards and writing loans to those who were at high risk of defaulting.

Here's what really caused the housing crisis

Despite conservatives' arguments, it certainly wasn't federal programs aimed at helping low-income home buyers

www.cbsnews.com

1.) I really don't give a shit about kudlow and Moore's opinions. They partisan hacks whose only goal is say whatever gets them on TV.
2.) The stock market crashed in 2008 when Republicans were too busy pontificating to pass the bailout legislation. They will do that again and Wall Street will crash, Republicans will get blamed and Democrats come sweeping back in 2024.

 

[Dawg]

1.) I really don't give a shit about kudlow and Moore's opinions. They partisan hacks whose only goal is say whatever gets them on TV.
2.) The stock market crashed in 2008 when Republicans were too busy pontificating to pass the bailout legislation. They will do that again and Wall Street will crash, Republicans will get blamed and Democrats come sweeping back in 2024.

Market experts have been predicting market crash for quite some time and long before November elections and here you are spinning it off on R's as if you forget who controls the white house and Senate, if it crashes it will belong to all in DC.

duh

 

[Bugsy McGurk]

The terrorist caucus is going to put the United States in default. That will drive the value of your bonds down.
Wall Street is going to have to reign in the Republican party, just like they did in 2008.

They are going to hold the nation hostage in many different ways. McCarthy gave them the tools to do it because he valued his own political fortunes way more than the national interest. And that began way back when he flew to Mar-a-Lago to bow down before Trump even after Trump launched his insurrection/terrorist attack against the Capitol. It has gotten much worse since. The two year GOP House shitstorm has now begun.

 

[Boca]

1.) I really don't give a shit about kudlow and Moore's opinions. They partisan hacks whose only goal is say whatever gets them on TV.
2.) The stock market crashed in 2008 when Republicans were too busy pontificating to pass the bailout legislation. They will do that again and Wall Street will crash, Republicans will get blamed and Democrats come sweeping back in 2024.

Of course you don't having been caught blowing smoke despite the CBS reporting of actual facts.

 

[ObamacareForever]

Of course you don't having been caught blowing smoke despite the CBS reporting of actual facts.

CBS factually reported they have opinions.

It isn't reporting their opinions as fact.

 

[Boca]

CBS factually reported they have opinions.

It isn't reporting their opinions as fact.

So, Was Barney Frank a Republican?

His most successful effort was to impose what were called
"affordable housing" requirements on Fannie Mae and Freddie Mac in 1992.
Before that time, these two governments sponsored enterprises (GSEs)
had been required to buy only mortgages that institutional investors
would buy--in other words, prime mortgages--but Frank and others thought
these standards made it too difficult for low-income borrowers to buy homes.

The affordable housing law [signed by Bill Clinton] required Fannie and Freddie to meet government quotas when they bought loans from banks and other mortgage originators.

At first, this quota was 30%; that is, of all the loans they bought, 30% had to be
made to people at or below the median income in their communities. HUD, [Andrew Cuomo] also a Democrat was given authority to administer these quotas, and between 1992and 2007, the quotas were raised from 30% to 50% under Clinton in 2000.

To be fair GW added a measly 5%. to Clinton's 50%

 

[Jack4freedom]

Excuse me. Republicans? Either you don't know what you're talking about or it's just another one of your disinformation assertions.

Lawrence Kudlow and Stephen Moore, both of whom have been
named as economic advisers to Donald Trump, argue that the financial crisis and
recession was caused by policies Bill Clinton implemented that were designed to
stop discrimination in housing loans, known as “red-lining,” in poor areas. In particular, they argue that the Community Reinvestment Act (CRA), legislated in 1977, is to blame.


“Under Clinton’s Housing and Urban Development (HUD) secretary, Andrew Cuomo, forced Community Reinvestment Act regulators to give banks higher ratings for home loans made in ‘credit-deprived’ areas. Banks were effectively rewarded for throwing out sound underwriting standards and writing loans to those who were at high risk of defaulting.

Here's what really caused the housing crisis

Despite conservatives' arguments, it certainly wasn't federal programs aimed at helping low-income home buyers

www.cbsnews.com

Isn‘t Kudoow the ass hole who urged his viewers to hold on to their Bear Stearns shares then sold all of his the dame night. The fact that Trump hired that scumbag speaks volumes.

 

[ObamacareForever]

Isn‘t Kudoow the ass hole who urged his viewers to hold on to their Bear Stearns shares then sold all of his the dame night. The fact that Trump hired that scumbag speaks volumes.

He is on tv, like the pillow man. So right-wingers think he is smart.

 

[Boca]

Isn‘t Kudoow the ass hole who urged his viewers to hold on to their Bear Stearns shares then sold all of his the dame night. The fact that Trump hired that scumbag speaks volumes.