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So the government forcing banks to give loans to bad risks

Posted on: July 21, 2016 at 17:31:31 CT

DHighlander NWMSU

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M.O.B. Votes:

and then passing them along had nothing to do with the crisis?

Banks never made those loans before they were strong armed by the Clinton administration and never would have if they had not been given public assurances.

They were bad business. Banks do not stay in business long making bad business decisions unless they know those decisions cannot come back to harm them.

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MESSAGE THREAD

Who's been the best president, of our last four presidents? - TigerJackSwartz MU

- 7/21 16:39:09

newt (nm) - TigerFan92 MU - 7/21 19:25:28

best at what, growing gvmt and murder? (nm) - pickle MU

- 7/21 18:54:51

3 words - Butcher of Bakersfield STL - 7/21 16:50:57

You mean Contract on America nm - SparkyStalcup MU - 7/21 17:27:07

that's what we had in the 1960s - Butcher of Bakersfield STL - 7/21 17:31:34

Yes, bubba, but that depends on what best means - raskolnikov MU - 7/21 16:46:52

RE: Yes, bubba, but that depends on what best means - sarasotatiger MU - 7/21 16:52:30

Community Reinvestment Act - Butcher of Bakersfield STL - 7/21 16:56:08

No, it didn't, no matter how much you want to revise - SparkyStalcup MU - 7/21 17:27:55

it was a big factor (nm) - pickle MU

- 7/21 19:01:17

yes it did and saying otherwise is the revised history - Butcher of Bakersfield STL - 7/21 18:04:05

Do you ever have a coherent thought? nm - SparkyStalcup MU - 7/21 18:37:22

So the government forcing banks to give loans to bad risks - DHighlander KC - 7/21 17:31:31

RE: Community Reinvestment Act - sarasotatiger MU - 7/21 17:14:34

Glass Steagall and NAFTA - both death knells, yes(nm) - raskolnikov MU - 7/21 16:54:36

RE: Glass Steagall and NAFTA - both death knells, yes(nm) - Butcher of Bakersfield STL - 7/21 16:59:05

If not for the R congress he wouldn't have been very good(nm) - hefeweizen MU

- 7/21 16:42:33

That is the irony - 4TigersinMichigan MU - 7/21 16:43:53

what were his big accomplishments? (nm) - pickle MU

- 7/21 19:02:43

Plus press ignores he could have taken out bin laden. - RHAYWORTH MU - 7/21 16:55:26

The House Of Saud funded all that - Bulldog Bob Brown STL - 7/21 17:50:51

and remember what Democrats said at the time of welfare - Butcher of Bakersfield STL - 7/21 16:47:54

RE: and remember what Democrats said at the time of welfare - sarasotatiger MU - 7/21 17:13:29

Bubba vetoed it a few times before being forced to sign off - 4TigersinMichigan MU - 7/21 16:48:50

RE: Bubba vetoed it a few times before being forced to sign off - sarasotatiger MU - 7/21 18:29:20

So you are saying a dem Prez and republican congress - JG A - 7/21 16:45:18

That was easy - Mr. Orange SU - 7/21 16:42:27

What if you say of the last 6?(nm) - raskolnikov MU - 7/21 16:47:43

Reagan (nm) - TigerJackSwartz MU

- 7/21 16:50:02

Reagan was a criminal - raskolnikov MU - 7/21 16:53:59

the communists they were fighting killed a lot more(nm) - Butcher of Bakersfield STL - 7/21 17:09:59

I think you have me confused with someone else - TigerJackSwartz MU

- 7/21 16:57:16

Funny, that's what everyone says about your mom(nm) - hefeweizen MU

- 7/21 16:43:16

Keep trying, you'll get there - Mr. Orange SU - 7/21 16:45:18

RE: Who's been the best president, of our last four presidents? - sarasotatiger MU - 7/21 16:42:25