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is the right making it too hard for minorities to get home loans ?


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is the right making it too hard for minorities to get home loans ?

 

US rep Dina Titus (D) Nevada says they are

 

she thinks "the right is making it too hard for minorities to get home loans"

 

sound familiar ?

 

"if you dont learn from your mistakes, you are bound to repeat them"

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As a people, we should make an effort to ensure anyone who wants to be a responsible homeowner is able to do that. The government has a role in those efforts.

Everyone who wants to be a responsible homeowner is a responsible homeowner. It is not at all difficult. The people who benefit from the intervention of the government are those who are irresponsible. Responsible people have almost no use for government action except as government functions to protect them from the irresponsible behavior of other people.

 

As a people, we should stop our government from subsidizing irresponsible behaviors.

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When I bought my first property the bank required %20 down. What is the problem with that? Dems forced banks to lend to un-qualifieds, a bubble formed and when the un-qualifieds walked away the dems blamed it on Bush. Oblameo wants to do it again. GOP will not let it happen again. Good.

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In 1995 Clinton loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods.

 

President Clinton's tenure was characterized by economic prosperity and financial deregulation, which in many ways set the stage for the excesses of recent years. Among his biggest strokes of free-wheeling capitalism was the Gramm-Leach-Bliley Act, which repealed the Glass-Steagall Act, a cornerstone of Depression-era regulation. He also signed the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation. In 1995 Clinton loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods.

 

deja vu ?

 

why cant the left learn from their mistakes ?

 

 

""is the right making it too hard for minorities to get home loans ?""

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Yes.. I think we should limit who qualifies for a loan...

 

We should not over extend the economy for the justification for republicons to rip off America for their own benefit

You really have no clue how our economy works, do you? Read "The Creature From Jekyll Island" for a good primer.

 

 

As a people, we should make an effort to ensure anyone who wants to be a responsible homeowner is able to do that. The government has a role in those efforts.

The government's role has been to allow the Federal Reserve banking cartel to devalue the dollar to the tune of about 97% over the past 100 years. I'd appreciate it if they would stay out of financial affairs. But of course, if they did, who would fund their wars?

 

In 1995 Clinton loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods.

 

President Clinton's tenure was characterized by economic prosperity and financial deregulation, which in many ways set the stage for the excesses of recent years. Among his biggest strokes of free-wheeling capitalism was the Gramm-Leach-Bliley Act, which repealed the Glass-Steagall Act, a cornerstone of Depression-era regulation. He also signed the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation. In 1995 Clinton loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods.

 

deja vu ?

 

why cant the left learn from their mistakes ?

 

 

""is the right making it too hard for minorities to get home loans ?""

Don't leave out who sent Clinton all those bills? It was Newt Gingrich and the Republicans. Of course Newt and the boys do get some credit for severely cutting spending.

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