Thank you Clinton for the Sub-Prime Boom! 1999 NYT Article

[jpinpb]

Least we conveniently forget all the other banks and lending institutions that played a part in this whole meltdown, not to mention AIG.

I think Clinton’s original intent was that there be no discrimination in lending w/regard to Fannie and Freddie. It spiraled from there. The road to hell is paved w/good intentions.

So what excuse is there for all the other banks? You know, the ones basking in their wealth.

[Veritas]

“Their lobbying activities were legendary. Between 1998 and 2008, Fannie spent $79.5 million and Freddie spent $94.9 million on lobbying Congress, making them the twentieth and thirteenth biggest spenders, respectively, on lobbying fees during that period.” Congress should legalize prostitution since they have been engaging in it for years.

[Veritas]

“Their lobbying activities were legendary. Between 1998 and 2008, Fannie spent $79.5 million and Freddie spent $94.9 million on lobbying Congress, making them the twentieth and thirteenth biggest spenders, respectively, on lobbying fees during that period.” Congress should legalize prostitution since they have been engaging in it for years.

[Veritas]

“Their lobbying activities were legendary. Between 1998 and 2008, Fannie spent $79.5 million and Freddie spent $94.9 million on lobbying Congress, making them the twentieth and thirteenth biggest spenders, respectively, on lobbying fees during that period.” Congress should legalize prostitution since they have been engaging in it for years.

[Veritas]

“Their lobbying activities were legendary. Between 1998 and 2008, Fannie spent $79.5 million and Freddie spent $94.9 million on lobbying Congress, making them the twentieth and thirteenth biggest spenders, respectively, on lobbying fees during that period.” Congress should legalize prostitution since they have been engaging in it for years.

[Veritas]

“Their lobbying activities were legendary. Between 1998 and 2008, Fannie spent $79.5 million and Freddie spent $94.9 million on lobbying Congress, making them the twentieth and thirteenth biggest spenders, respectively, on lobbying fees during that period.” Congress should legalize prostitution since they have been engaging in it for years.

[patientrenter]

Veritas, I’m OK with prostitution. But I am not OK with corruption that ends up costing taxpayers and others trillions in losses. That’s what happened here. Corruption flowed to the Dems through Fannie and Freddie, and corruption flowed to the Reps through NAR, mortgage brokers etc. And there was lots of shared corruption too. Goldman and other banks up to their knees in this were more Dem than Rep, and there were Reps getting money from Fannie/ Freddie.

[patientrenter]

Veritas, I’m OK with prostitution. But I am not OK with corruption that ends up costing taxpayers and others trillions in losses. That’s what happened here. Corruption flowed to the Dems through Fannie and Freddie, and corruption flowed to the Reps through NAR, mortgage brokers etc. And there was lots of shared corruption too. Goldman and other banks up to their knees in this were more Dem than Rep, and there were Reps getting money from Fannie/ Freddie.

[patientrenter]

Veritas, I’m OK with prostitution. But I am not OK with corruption that ends up costing taxpayers and others trillions in losses. That’s what happened here. Corruption flowed to the Dems through Fannie and Freddie, and corruption flowed to the Reps through NAR, mortgage brokers etc. And there was lots of shared corruption too. Goldman and other banks up to their knees in this were more Dem than Rep, and there were Reps getting money from Fannie/ Freddie.

[patientrenter]

Veritas, I’m OK with prostitution. But I am not OK with corruption that ends up costing taxpayers and others trillions in losses. That’s what happened here. Corruption flowed to the Dems through Fannie and Freddie, and corruption flowed to the Reps through NAR, mortgage brokers etc. And there was lots of shared corruption too. Goldman and other banks up to their knees in this were more Dem than Rep, and there were Reps getting money from Fannie/ Freddie.

[patientrenter]

Veritas, I’m OK with prostitution. But I am not OK with corruption that ends up costing taxpayers and others trillions in losses. That’s what happened here. Corruption flowed to the Dems through Fannie and Freddie, and corruption flowed to the Reps through NAR, mortgage brokers etc. And there was lots of shared corruption too. Goldman and other banks up to their knees in this were more Dem than Rep, and there were Reps getting money from Fannie/ Freddie.

[jpinpb]

Do I have to be the one to comment about the 85+ billion funneled to AIG for starters? I kinda wonder who the other 20 big spenders were.

[jpinpb]

Do I have to be the one to comment about the 85+ billion funneled to AIG for starters? I kinda wonder who the other 20 big spenders were.

[jpinpb]

Do I have to be the one to comment about the 85+ billion funneled to AIG for starters? I kinda wonder who the other 20 big spenders were.

[jpinpb]

Do I have to be the one to comment about the 85+ billion funneled to AIG for starters? I kinda wonder who the other 20 big spenders were.

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