[jficquette]

[quote=Allan from Fallbrook]John: Well, as the old expression goes: You do learn something new every day. I didn’t know that about Jackson. I recall seeing the picture from the balcony and Jesse was prominently pictured there.[/quote]

Yeah he really hammed it up. He was in another room and not standing with King. He has tried to play off of this for years which is why Mrs. King had no respect for him.

John

[jficquette]

[quote=Allan from Fallbrook]John: Well, as the old expression goes: You do learn something new every day. I didn’t know that about Jackson. I recall seeing the picture from the balcony and Jesse was prominently pictured there.[/quote]

Yeah he really hammed it up. He was in another room and not standing with King. He has tried to play off of this for years which is why Mrs. King had no respect for him.

John

[jficquette]

[quote=Allan from Fallbrook]John: Well, as the old expression goes: You do learn something new every day. I didn’t know that about Jackson. I recall seeing the picture from the balcony and Jesse was prominently pictured there.[/quote]

Yeah he really hammed it up. He was in another room and not standing with King. He has tried to play off of this for years which is why Mrs. King had no respect for him.

John

[jficquette]

[quote=Allan from Fallbrook]John: Well, as the old expression goes: You do learn something new every day. I didn’t know that about Jackson. I recall seeing the picture from the balcony and Jesse was prominently pictured there.[/quote]

Yeah he really hammed it up. He was in another room and not standing with King. He has tried to play off of this for years which is why Mrs. King had no respect for him.

John

[jficquette]

[quote=Allan from Fallbrook]John: Well, as the old expression goes: You do learn something new every day. I didn’t know that about Jackson. I recall seeing the picture from the balcony and Jesse was prominently pictured there.[/quote]

Yeah he really hammed it up. He was in another room and not standing with King. He has tried to play off of this for years which is why Mrs. King had no respect for him.

John

[jficquette]

[quote=Allan from Fallbrook]FLU: Wow. Good for Rogers, and that was an excellent response to a thinly veiled attempt at a shakedown.

Sharpton uses the same tactics, and intimidates his targets with a combination of accusations of racism, white guilt and good old fashioned guile.

Jackson is also a media junkie and I doubt he appreciates Obama’s rock star status with the MSM.

What is truly a shame is that Jackson was involved with Dr. Martin Luther King, Jr. (you can see Jackson on the hotel balcony where King was shot, pointing in the direction of the shooter, James Earl Ray, in a photograph taken on the day of the shooting) during the toughest part of the civil rights movement in the 1960s. To go from there to where he is now…[/quote]

Actually Jackson’s actions caused a rift with Kings window that never actually healed. I know this because I lived in Atlanta for 15 years or so and it was discussed there.

Jackson was not standing with King when he was shot. He ran over with the others and smeared King’s blood on his sweater and then presented himself to the media as playing a role in the chaos.

It irritated Mrs King to no end that Jackson grandstanded during the incident.

John

[jficquette]

[quote=Allan from Fallbrook]FLU: Wow. Good for Rogers, and that was an excellent response to a thinly veiled attempt at a shakedown.

Sharpton uses the same tactics, and intimidates his targets with a combination of accusations of racism, white guilt and good old fashioned guile.

Jackson is also a media junkie and I doubt he appreciates Obama’s rock star status with the MSM.

What is truly a shame is that Jackson was involved with Dr. Martin Luther King, Jr. (you can see Jackson on the hotel balcony where King was shot, pointing in the direction of the shooter, James Earl Ray, in a photograph taken on the day of the shooting) during the toughest part of the civil rights movement in the 1960s. To go from there to where he is now…[/quote]

Actually Jackson’s actions caused a rift with Kings window that never actually healed. I know this because I lived in Atlanta for 15 years or so and it was discussed there.

Jackson was not standing with King when he was shot. He ran over with the others and smeared King’s blood on his sweater and then presented himself to the media as playing a role in the chaos.

It irritated Mrs King to no end that Jackson grandstanded during the incident.

John

[jficquette]

[quote=Allan from Fallbrook]FLU: Wow. Good for Rogers, and that was an excellent response to a thinly veiled attempt at a shakedown.

Sharpton uses the same tactics, and intimidates his targets with a combination of accusations of racism, white guilt and good old fashioned guile.

Jackson is also a media junkie and I doubt he appreciates Obama’s rock star status with the MSM.

What is truly a shame is that Jackson was involved with Dr. Martin Luther King, Jr. (you can see Jackson on the hotel balcony where King was shot, pointing in the direction of the shooter, James Earl Ray, in a photograph taken on the day of the shooting) during the toughest part of the civil rights movement in the 1960s. To go from there to where he is now…[/quote]

Actually Jackson’s actions caused a rift with Kings window that never actually healed. I know this because I lived in Atlanta for 15 years or so and it was discussed there.

Jackson was not standing with King when he was shot. He ran over with the others and smeared King’s blood on his sweater and then presented himself to the media as playing a role in the chaos.

It irritated Mrs King to no end that Jackson grandstanded during the incident.

John

[jficquette]

[quote=Allan from Fallbrook]FLU: Wow. Good for Rogers, and that was an excellent response to a thinly veiled attempt at a shakedown.

Sharpton uses the same tactics, and intimidates his targets with a combination of accusations of racism, white guilt and good old fashioned guile.

Jackson is also a media junkie and I doubt he appreciates Obama’s rock star status with the MSM.

What is truly a shame is that Jackson was involved with Dr. Martin Luther King, Jr. (you can see Jackson on the hotel balcony where King was shot, pointing in the direction of the shooter, James Earl Ray, in a photograph taken on the day of the shooting) during the toughest part of the civil rights movement in the 1960s. To go from there to where he is now…[/quote]

Actually Jackson’s actions caused a rift with Kings window that never actually healed. I know this because I lived in Atlanta for 15 years or so and it was discussed there.

Jackson was not standing with King when he was shot. He ran over with the others and smeared King’s blood on his sweater and then presented himself to the media as playing a role in the chaos.

It irritated Mrs King to no end that Jackson grandstanded during the incident.

John

[jficquette]

[quote=Allan from Fallbrook]FLU: Wow. Good for Rogers, and that was an excellent response to a thinly veiled attempt at a shakedown.

Sharpton uses the same tactics, and intimidates his targets with a combination of accusations of racism, white guilt and good old fashioned guile.

Jackson is also a media junkie and I doubt he appreciates Obama’s rock star status with the MSM.

What is truly a shame is that Jackson was involved with Dr. Martin Luther King, Jr. (you can see Jackson on the hotel balcony where King was shot, pointing in the direction of the shooter, James Earl Ray, in a photograph taken on the day of the shooting) during the toughest part of the civil rights movement in the 1960s. To go from there to where he is now…[/quote]

Actually Jackson’s actions caused a rift with Kings window that never actually healed. I know this because I lived in Atlanta for 15 years or so and it was discussed there.

Jackson was not standing with King when he was shot. He ran over with the others and smeared King’s blood on his sweater and then presented himself to the media as playing a role in the chaos.

It irritated Mrs King to no end that Jackson grandstanded during the incident.

John

[jficquette]

[quote=HereWeGo]If FNM and FRE are bailed out, what happens to lending standards? What will the govt demand in terms of down payment and interest rate?[/quote]

I just saw a story on them on Bloomberg. They were saying that Fannie Mae owns some $6 Trillion in Mortgages.

They are beyond bailout.

If the government wanted to get into the mortgage business they could create a tax free mortgage where the investor who buys it doesn’t pay income tax on it while the homeowner can’t deduct it off their taxes. They could make it just for low income people who don’t get the benefit of the deduction anyway. Because the investor doesn’t pay income tax the interest rate would be about 75-80% of “market”.

Another way to finance mortgages would be if Congress would ever put the SS revenues into an actually trust and not spend it like we do now. We could take the SS money that is fed into the fund and use it to finance mortgages. At 4-5% that would be a decent return. These loans would only be available to lower income, middle class first time home buyers etc.

John

[jficquette]

[quote=HereWeGo]If FNM and FRE are bailed out, what happens to lending standards? What will the govt demand in terms of down payment and interest rate?[/quote]

I just saw a story on them on Bloomberg. They were saying that Fannie Mae owns some $6 Trillion in Mortgages.

They are beyond bailout.

If the government wanted to get into the mortgage business they could create a tax free mortgage where the investor who buys it doesn’t pay income tax on it while the homeowner can’t deduct it off their taxes. They could make it just for low income people who don’t get the benefit of the deduction anyway. Because the investor doesn’t pay income tax the interest rate would be about 75-80% of “market”.

Another way to finance mortgages would be if Congress would ever put the SS revenues into an actually trust and not spend it like we do now. We could take the SS money that is fed into the fund and use it to finance mortgages. At 4-5% that would be a decent return. These loans would only be available to lower income, middle class first time home buyers etc.

John

[jficquette]

[quote=HereWeGo]If FNM and FRE are bailed out, what happens to lending standards? What will the govt demand in terms of down payment and interest rate?[/quote]

I just saw a story on them on Bloomberg. They were saying that Fannie Mae owns some $6 Trillion in Mortgages.

They are beyond bailout.

If the government wanted to get into the mortgage business they could create a tax free mortgage where the investor who buys it doesn’t pay income tax on it while the homeowner can’t deduct it off their taxes. They could make it just for low income people who don’t get the benefit of the deduction anyway. Because the investor doesn’t pay income tax the interest rate would be about 75-80% of “market”.

Another way to finance mortgages would be if Congress would ever put the SS revenues into an actually trust and not spend it like we do now. We could take the SS money that is fed into the fund and use it to finance mortgages. At 4-5% that would be a decent return. These loans would only be available to lower income, middle class first time home buyers etc.

John

[jficquette]

[quote=HereWeGo]If FNM and FRE are bailed out, what happens to lending standards? What will the govt demand in terms of down payment and interest rate?[/quote]

I just saw a story on them on Bloomberg. They were saying that Fannie Mae owns some $6 Trillion in Mortgages.

They are beyond bailout.

If the government wanted to get into the mortgage business they could create a tax free mortgage where the investor who buys it doesn’t pay income tax on it while the homeowner can’t deduct it off their taxes. They could make it just for low income people who don’t get the benefit of the deduction anyway. Because the investor doesn’t pay income tax the interest rate would be about 75-80% of “market”.

Another way to finance mortgages would be if Congress would ever put the SS revenues into an actually trust and not spend it like we do now. We could take the SS money that is fed into the fund and use it to finance mortgages. At 4-5% that would be a decent return. These loans would only be available to lower income, middle class first time home buyers etc.

John

[jficquette]

[quote=HereWeGo]If FNM and FRE are bailed out, what happens to lending standards? What will the govt demand in terms of down payment and interest rate?[/quote]

I just saw a story on them on Bloomberg. They were saying that Fannie Mae owns some $6 Trillion in Mortgages.

They are beyond bailout.

If the government wanted to get into the mortgage business they could create a tax free mortgage where the investor who buys it doesn’t pay income tax on it while the homeowner can’t deduct it off their taxes. They could make it just for low income people who don’t get the benefit of the deduction anyway. Because the investor doesn’t pay income tax the interest rate would be about 75-80% of “market”.

Another way to finance mortgages would be if Congress would ever put the SS revenues into an actually trust and not spend it like we do now. We could take the SS money that is fed into the fund and use it to finance mortgages. At 4-5% that would be a decent return. These loans would only be available to lower income, middle class first time home buyers etc.

John

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