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  1. #51
    Murdering Prostitutes Findog's Avatar
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    no sir -- that is not credit default SWAP market.
    I'm saying the credit default swap market is predominately the reason we're in the mess we're in today. You think a few poor black people defaulting on their mortgages caused these giant investment firms to go under? Get a grip on reality.

  2. #52
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    You must be a little slow. Here, I'll repeat it again:
    3 out of 4 subprime mortgages are not related to ACORN in any way, shape or form.
    Greedy banks is what made the CRA ten times worse. Not only they took on ty debt, they used that debt to back up more ty debt.
    Now, you're the one blaming ACORN for all this. So YOU need to bring the evidence/statistics to support your point.
    you must be a little slower...

    back in the 90's ACORN began a concerted effort to get banks to lend to people who could not afford it - crying disicrimation and racism - "redlining" etc. because banks did not want to lend less than say $10,000 .. or they did not want to lend to billy who had a 64% DTI. Acorn would conduct demonstrations at the banks - enter the bank with border line violent tactics.. and promoted legislation - ( Obama was an attorney at this time involved in a lawsuit against Citibank for such an issue)

    Having said that - ACORN played a vital role in this current economic meltdown - along with corporate greed and loose credit policies with cirtually no attention paid to risk for fear of appearing discriminatory (as a result of ACORN activities)... Fannie Mae - Freddie Mac -- (with Obama ranked #2 in monies received from those two)...

  3. #53
    Murdering Prostitutes Findog's Avatar
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    The derivatives market had little to do with housing fairness and a lot to do with making money. The Acorn dodge is really weak.
    ACORN IS THE ROOT OF ALL EVIL!

  4. #54
    Murdering Prostitutes Findog's Avatar
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    Yeah, Sweden is a real -hole.
    Virtually indistinguishable from North Korea

  5. #55
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    I'm saying the credit default swap market is predominately the reason we're in the mess we're in today. You think a few poor black people defaulting on their mortgages caused these giant investment firms to go under? Get a grip on reality.

    Who said anything about black ?

    The credit default swap market is the reason we're in the mess we are in today ? The credit policies that allowed these mortgages to originate and credit to be extended in the first place - long before these debts hit the credit default market - are the reason -- greed - for money and for power. Keeping up with the Jones' etc..

  6. #56
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    ACORN IS THE ROOT OF ALL EVIL!
    well ACORN, WIlliam Ayers and Rev. Wright are the root of that evil known as Obama.

  7. #57
    Murdering Prostitutes Findog's Avatar
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    well ACORN, WIlliam Ayers and Rev. Wright are the root of that evil known as Obama.
    You're so cute.

  8. #58
    🏆🏆🏆🏆🏆 ElNono's Avatar
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    you must be a little slower...

    back in the 90's ACORN began a concerted effort to get banks to lend to people who could not afford it - crying disicrimation and racism - "redlining" etc. because banks did not want to lend less than say $10,000 .. or they did not want to lend to billy who had a 64% DTI. Acorn would conduct demonstrations at the banks - enter the bank with border line violent tactics.. and promoted legislation - ( Obama was an attorney at this time involved in a lawsuit against Citibank for such an issue)

    Having said that - ACORN played a vital role in this current economic meltdown - along with corporate greed and loose credit policies with cirtually no attention paid to risk for fear of appearing discriminatory (as a result of ACORN activities)... Fannie Mae - Freddie Mac -- (with Obama ranked #2 in monies received from those two)...
    You're still not listening. We have talked about ACORN for a long time here in this forum.
    Now, as a result of ACORN activities, only 1 in 4 subprime mortgages were created. Who do you think created the rest? Why? You don't happen to think that if there would be only a fourth of the total bad debt we wouldn't be in the hole we are? Don't be disingenuous.

  9. #59
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    You're still not listening. We have talked about ACORN for a long time here in this forum.
    Now, as a result of ACORN activities, only 1 in 4 subprime mortgages were created. Who do you think created the rest? Why? You don't happen to think that if there would be only a fourth of the total bad debt we wouldn't be in the hole we are? Don't be disingenuous.
    As a result of Acron activities only 1 in 4 subprime mortgages were created ? "ONLY" and show me the source to verify that...as a RESULT of ACORN SEVERAL lending programs were created - MAX DTI was increased to in excess of 60% .. no minimum loan amounts established..and being that only 5% of all mortgages in the USA have gone into F/C status - 1 in 4 is a LOT.

  10. #60
    🏆🏆🏆🏆🏆 ElNono's Avatar
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    As a result of Acron activities only 1 in 4 subprime mortgages were created ? "ONLY" and show me the source to verify that...as a RESULT of ACORN SEVERAL lending programs were created - MAX DTI was increased to in excess of 60% .. no minimum loan amounts established..and being that only 5% of all mortgages in the USA have gone into F/C status - 1 in 4 is a LOT.
    http://www.prospect.org/cs/articles?...ubprime_crisis

    Now, please present your case that the subprime mortgages sponsored by ACORN under the CRA are the cause of the crisis...

  11. #61
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    http://www.prospect.org/cs/articles?...ubprime_crisis

    Now, please present your case that the subprime mortgages sponsored by ACORN under the CRA are the cause of the crisis...
    did you read that antire article ? Wow - the liberal media distorting reality. Like I said - they only talk about loans qualified under those specific lending programs - they do exist you know FHA - VA -- sub prime categories CRA - CRA HIGH LTV - CRA STATED - CRA fUll doc -- Economic stimulus package - ACORDN - ACRON HIGH LTV etc..etc...

    like I said previoulsy -- as a result of ACORN And this push to lend to any and everyone - coupled with corporate greed - credit restrictions were loosened to 125% LTV loans - JUMBO loans - STATED docs all over the place... 550 ficos -- no money down -- etc.. all a result of ACORN - these loans didnt fall under the ACORN lending guidelines established but -- were a direct result - (but for..) of ACORN and it s push to lend to everyone --even those not qualified ( int/ Only - OPTION ARMS etc.. .

  12. #62
    🏆🏆🏆🏆🏆 ElNono's Avatar
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    did you read that antire article ? Wow - the liberal media distorting reality. Like I said - they only talk about loans qualified under those specific lending programs - they do exist you know FHA - VA -- sub prime categories CRA - CRA HIGH LTV - CRA STATED - CRA fUll doc -- Economic stimulus package - ACORDN - ACRON HIGH LTV etc..etc...

    like I said previoulsy -- as a result of ACORN And this push to lend to any and everyone - coupled with corporate greed - credit restrictions were loosened to 125% LTV loans - JUMBO loans - STATED docs all over the place... 550 ficos -- no money down -- etc.. all a result of ACORN - these loans didnt fall under the ACORN lending guidelines established but -- were a direct result - (but for..) of ACORN and it s push to lend to everyone --even those not qualified ( int/ Only - OPTION ARMS etc.. .
    Good that we agree that ACORN had nothing to do with it, and that the greedy banks were at fault.

  13. #63
    Believe. Bill Ayers's Avatar
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    well ACORN, WIlliam Ayers and Rev. Wright are the root of that evil known as Obama.
    Root of awesomeness, you mean

  14. #64
    Green 4 3 for 6 dg7md's Avatar
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    It's about ACTIVISM, and GETTING INVOLVED, not about the vote actually counting towards EC votes. The shift in tide can make it closer and helps towards the national popular vote if the situation calls for it. Besides, you vote for more than the President at the general election, but I'm not sure if you knew that.

  15. #65
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    son your the dumbass. In case you have not noticed, most people on this board are from Texas ... I am simply asking them how they feel about the fact of their personal vote being irrelevant.
    Hmm...interesting. Wouldn't you use you're?

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