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10-12-2008, 06:59 PM
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 #1 (permalink)
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500 G.P. Champion
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Community organizers and what not
Hot Air » Blog Archive » The quotes that explain the entire financial meltdown
Quote:
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Cuomo, the Clinton administration, and Congress believed they had the right and the power to determine acceptable risk for the lenders, rather than lenders determining it for themselves in a free market. Even while imposing risk standards on lenders, Cuomo admits that he expects a higher default rate on the new loans — which is why the lenders didn’t want to write them in the first place.
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Discuss, if you dare.
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10-12-2008, 07:38 PM
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#2 (permalink)
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World 500 GP Champion
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I've explained the source of this mess probably close to a dozen times already, and I've shown numbers behind it.
Anyone who wants to continue crap like this, without showing even one number to connect these policies to the increase in foreclosures, is willfully ignorant.
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10-12-2008, 07:41 PM
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#3 (permalink)
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500 G.P. Champion
Join Date: Apr 2008
Location: Groton, CT
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Casino Cash: $12779
Sportbike: 2009 HD FLTR, 2006 Ninja 250
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tee hee
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10-12-2008, 08:14 PM
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#4 (permalink)
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Supersport Racer
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To quote our next President, "these people make ignorance a virtue."
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"Whoever battles monsters should take care not to become a monster too, for if you stare long enough into the Abyss, the Abyss stares also into you."
—Friedrich Nietzsche
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10-12-2008, 08:31 PM
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#5 (permalink)
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World 500 GP Champion
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Quote:
Originally Posted by DoWorkSon
tee hee
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Laughing at your own ignorance? 
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Member in good standing of the global elitist agenda
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10-12-2008, 08:48 PM
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#6 (permalink)
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500 G.P. Champion
Join Date: Apr 2008
Location: Groton, CT
Posts: 2,204
Casino Cash: $12779
Sportbike: 2009 HD FLTR, 2006 Ninja 250
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yes.
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10-13-2008, 09:26 AM
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#7 (permalink)
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World 500 GP Champion
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Well then, Son, that's the spirit. Just do the best you can...
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-- Jim
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