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This dude is great at putting things into perspective:
http://www.youtube.com/watch?v=CJu0DgpiK...playnext=1
Signs_173

He's great! That table cracked me up--clever.
Did you know the mortgage reform bill (Financial Stability Act of 2010) pushed through by Maxine Waters has special rules for non-whites?

"That’s because during House-Senate conference sessions, affirmative action zealots managed to insert a series of mandates whose implicit intent is to lower credit standards for nonwhites so as to boost their rates of homeownership."

"The driving force behind these amendments, by all accounts, is Rep. Maxine Waters, D-Calif. Congresswoman Waters, a member of the conference committee and the Congressional Black Caucus, used her clout to ensure that the final package delivers a cartload of favors to black and Hispanic mortgage borrowers, not to mention lending institutions that cater to them. Investor’s Business Daily recently surmised that the bill “could have been written by ACORN [the Association of Community Organizations for Reform Now], and probably was.”

ACORN isn't dead.

What will this country be like in 10 years if we let special-interest minority groups drive the bus? Hispanics are expected to be at least 30% of the American population by 2050. Make sure every Hispanic can purchase property or goods with shitty credit (at places other than Aaron's), and we should be completely bankrupted by 2030.

It may be time for another flood. I never run into an Hispanic or black family when I'm hiking, so I think this might re-balance the population.

[Image: maxine_waters.jpg]

Interesting read: http://www.englishfirstfoundation.org/pd..._brief.pdf


Most of us have no fucking idea what is going on in our country.
(02-02-2011, 12:28 AM)Cracker Wrote: [ -> ]Did you know the mortgage reform bill (Financial Stability Act of 2010) pushed through by Maxine Waters has special rules for non-whites?

"That’s because during House-Senate conference sessions, affirmative action zealots managed to insert a series of mandates whose implicit intent is to lower credit standards for nonwhites so as to boost their rates of homeownership."

Most of us have no fucking idea what is going on in our country.


No, I didn't know that! I've worked my entire adult life building a great FICO and you're telling me that those who are not white have lower credit standards! That makes me irate! I have the expectation of fairness from my government goddamnit & that's not fair. 52


You're right, I have no fuckin' idea what's going on & it's my own fault.

That was good Cracker,...I'm going to pass that along.
Simple way to put all this confusing double talk and bullshit into a understandable format.
I have never understood during the last few years why the people were being so silent and letting him draw the blood out of our veins while we stood by and let him without raising hell.
Now,when the people put the Republications in more control as a way to try to stem off the hemorraging,he is still doing his same shit.
I swear,we are such fools here in the US allowing our Politicians to get away with so much at our expense.
You watch Egypt and all that goes on when Folks get too pissed off?..I can understand why our Government wants to control Guns and everything that we do in the thousands of different ways.
The Politicans bitch and complain about the violence directed at them.If they did what the people voted them in office for and not their greedy personal agendas and finiancial self enrichment,that anger and violence may subside after about a hundred or so years from now.
The word "Politicians" and the "President" bring to my mind greed and corruption and self enrichment either by friendships and buisness connections.Most use offices and positions for nothing else.
JMHO....
Thanks for being you, Cracka.
Let's not forget the pending ethics violations against Sissta Maxine.

If memory serves correctly, she's served at least 10 terms.

Sissta Maxine and hubby got theyselves some bank bail-out monies (TARP) to protect their investment - OneUnitedBank.

OneUnitedBank was heavily invested in both Freddie and Fannie.

OneUnitedBank is the largest black-owned bank in the United States.

Free rap CD with any new account!
Whenever I see this thread I think of the movie "Driving Miss Daisy"
(02-02-2011, 05:01 PM)Maggot Wrote: [ -> ]Whenever I see this thread I think of the movie "Driving Miss Daisy"

Here - I'll fix it for you:

Whenever I see this thread I think of Huck bending her over and "Driving Miss Daisy".



Smiley_emoticons_shocked
This is what is known as "porn site overload" hah
(02-02-2011, 12:28 AM)Cracker Wrote: [ -> ]Interesting read: http://www.englishfirstfoundation.org/pd..._brief.pdf

If this link doesn't work, try this:

http://webcache.googleusercontent.com/se...l=en&gl=us

If you don't know what a NINJA home loan is, you may want to read it. Consider the fact that taxpayers have to cough up the money when one of them defaults, and you won't find it very amusing.

Did you know they let up to EIGHT illegals sign a mortgage WITHOUT a single Social Security number? Stereotypes come from somewhere...

"Loose lending laws coupled with greed soon resulted in the proliferation of NINJA loans. NINJA stands for "No Income, No Job, No Assets". That meant, a lender could qualify a borrower for a home loan even if that borrower did NOT have any reliable income, job or assets to provide concrete evidence that the new home owner was financially able to repay the loan. In the banking community, the official name for NINJA loans is "subprime loans". I like NINJA loans better.

Why did lenders make NINJA loans? For one simple reason: That lender's money was not on the line. All they had to do was to initiate the loan and get the borrower to sign the papers. Next, they would sell the loan to another lender or investor.

Also, wanton greed paved the way for excessive salaries for Chief Executive Officers and money managers, who earned their lofty perks by generating and flipping as many new NINJA loans as possible.

The demand for "loan shares" kept driving the prices of homes up all across America, creating the housing bubble. Once those millions of broke mortgagees began to default on their adjustable rate mortgage loans, the prices of homes started to tank. In the end, even responsible borrowers, who were repaying their loans, suffered the consequences of falling home prices, as they found themselves in upside-down situations, with their homes worth less than what they originally "bought" them for.


Today, after the bailout has been signed into law, millions of mortgagees are still holding NINJA loans and are likely to lose their homes."

That is what fucks normal people who have lost part of their income and keeps them from refinancing or modifying their loan. If you get laid off, don't count on a refi or modification. They are too busy making a fucking ton of money from the NINJA loans. They don't care if you pay or lose your house. The tax payers pay mortgage companies to put you out on the street.

I feel like a douche for having a conventional mortgage that I pay every month so I can lose 20% of my home value so these poor people can fuck my property value. Who do these laws really help and who do they really hurt? Idiots like you and me.