- Joined
- Jul 1, 2011
- Messages
- 67,218
- Reaction score
- 28,530
- Location
- Lower Hudson Valley, NY
- Gender
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- Political Leaning
- Independent
Not just "pressured to say yes", but paid to say yes. Once Fannie and Freddie began their mission to enable these loans by buying them up, if you didn't make it, then your competitor did. You lost the sale and commission, on a loan where you essentially had no risk.
Fannie and Freddie didn't make that decision; Congress did with encouragement from bush* and the republicans in congress
USATODAY.com - Bush seeks to increase minority homeownership
Another way to look at this unconstrained growth is that during the last 15 years, the
nation’s GDP doubled, the mortgage market tripled, Fannie Mae’s and Freddie Mac’s (the
Enterprises) guarantees quadrupled and their portfolios grew ninefold (Chart 1).
http://www.fhfa.gov/Default.aspx/webfiles/reports/webfiles/js/webfiles/2206/gsereform71906.pdf
Save the arm chair psychiatry for the neighborhood kids. The depth of your knowledge of the health care industry is laughable.Your need to make up stuff about me just shows how frightened you are by the facts and your need to deny the truth
Nations that provide a higher level of funding for their health care systems provide a higher level of care for a cheaper price than ours does. The obvious truth is that socialized health care works better than what we have.
And the idiots in the govt are the politicians who are being bribed by Wall St and their corporate cronies.
From news story about 20 min. ago:
‘Occupy Wall Street’ protests continue
"The movement, which started Sept. 17 with a few dozen demonstrators who tried to pitch tents in front of the New York Stock Exchange, is starting to spread to other cities across the country."
See link below for pictures and descriptions of the protests in other cities, including the Freedom Plaza in Washington D.C.
‘Occupy Wall Street’ protests continue - The Washington Post
From news story about 20 min. ago:
‘Occupy Wall Street’ protests continue
"The movement, which started Sept. 17 with a few dozen demonstrators who tried to pitch tents in front of the New York Stock Exchange, is starting to spread to other cities across the country."
See link below for pictures and descriptions of the protests in other cities, including the Freedom Plaza in Washington D.C.
‘Occupy Wall Street’ protests continue - The Washington Post
So what is your feeling about this video you posted?
I'm going to attend the one where I live.
Cool Jryan! It is people willing to stand up for our country that makes our Democracy work.
As usual jasonxe
I get my news from moxnews on youtube. I rarely watch tv now.
Obama: Predator Drones on Protestors! :-D
I would of joined if I didn't move to fl a week before the protest started. Born and raised in nyc. But I would of been protesting at the fed building.
They have protests all over the country.
MoveOn.org: Democracy in Action
I believe it will continue to grow. Its the last gasp of about a third of America. They are scared. I believe their fear is real. Their blame is grossly misplaced is all.
Is there a federal reserve bank in florida?
So what is your feeling about this video you posted?
hmm? I'm just posting stuff.
Don't need anything in your state to protest an idea.
I'll do my part and join a Ron Paul sign bomb group in my county to End the Fed. Meetup group sometime this month to help the cause.
I agree with you that it will grow, but I don't agree at all their efforts are misplaced. Since their goal seems to be to bring about an awakening in the country of what our priorities should be, it seems that making that point in the home of the most concentrated wealth and greed in this country seems to me to be most appropriate place they could make that stand.
The jobless rates are high for everyone. And I'm told that a number of all protests are current college kids, including teabaggers.
So what?
They are protesting the fact that in a nation that is supposed to have a govt by the people, of the people, and for the people, we have a govt that is controlled by big money interests
Our health care system is controlled by insurance and pharma corps, because that's what Wall St wants
Our financial system is controlled by banks and financial services corps, because that's what Wall St wants
Out food system is controlled by large argricultural corps, because that what Wall st wants
Our energy system is controlled by oil, gas, and coal corps, because that what Wall St wants
Our media is controlled by a few large corps, because that what Wall St wants
And our political system is controlled by Wall St, and the rightwing approves
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