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Trump cheats at golf - the ONE and ONLY politics thread

Discussion in 'Sports and News' started by SnarkShark, Jan 22, 2016.

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  1. doctorquant

    doctorquant Well-Known Member

    Amazingly, there were actually those in opposition ...
     
  2. RickStain

    RickStain Well-Known Member

  3. Songbird

    Songbird Well-Known Member

  4. old_tony

    old_tony Well-Known Member

    Ownership is great. Giving mortgages to people who can't pay is the opposite. People with an IQ above room temperature can figure that one out.
     
  5. Baron Scicluna

    Baron Scicluna Well-Known Member

    Republicans had control of both houses of Congress and the presidency from 2003 to 2007. If it was such a terrible regulation, why didn't they end it?
     
  6. Baron Scicluna

    Baron Scicluna Well-Known Member

    Sure. Landlords.
     
  7. old_tony

    old_tony Well-Known Member

    The answer: Democrats.

     
  8. Baron Scicluna

    Baron Scicluna Well-Known Member

    Even efforts after 2001 to press Fannie Mae and Freddie Mac to buy sub-prime loans, as part of the Bush administration's "Ownership Society," do not implicate CRA. Those who scapegoat CRA often contend that it was a reckless push for homeownership -- by both the Clinton and Bush administrations -- that led to the sub-prime crisis. But while homeownership increased significantly during the Clinton years, sub-prime (and also Alt-A) lending was still under 10 percent of mortgage originations when President Bill Clinton left office. President George W. Bush's further pressure for homeownership, which included substantial pressure on Fannie Mae and Freddie Mac to purchase loans, in particular low-documentation loans, was dubious policy, but cannot be blamed on CRA. In 2006, the height of the sub-prime boom, almost two-thirds of the high-cost loans made were for purposes other than the purchase of a home by an owner-occupant -- they were mostly refinancings to extract equity. But even this overstates the case against homeownership. As the Center for Responsible Lending has demonstrated, between 1998 and 2006, only about 9 percent of sub-prime loans went to first-time homebuyers.

    Don't Blame the Community Reinvestment Act
     
  9. YankeeFan

    YankeeFan Well-Known Member

    This is embarrassing:

     
  10. Mr. Sunshine

    Mr. Sunshine Well-Known Member

  11. Mr. Sunshine

    Mr. Sunshine Well-Known Member

    "Secretary Clinton, how great is it being a grandmother?"

    "Secretary Clinton, how great is it being a presidential nominee?"

    "Secretary Clinton, can I have your autograph?"
     
  12. BDC99

    BDC99 Well-Known Member

    I would hope none of them, for this among many other reasons.

    Trump Says Freedom of the Press Must Go Because He's 'Not Like Other People'
     
    Inky_Wretch likes this.
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