Impeach Pelosi, Barney Frank and Chris Dobb NOW......

Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis

even if I wanted to take you seriously (and I don't) I couldn't because you spelled almost every word in the TITLE WRONG.

IDIOT!

Follow the Money: How Fannie Mae Bought the Democrat Party

When will people learn that CONGRESS causes all the messes.

Define Idiot....

One who can not spell...

You are talking about MEMORIZATION and REPEATING the same thing over and over...

That is insanity.

A Parrot can REPEAT and MEMORIZE things.

Nancy Pelosi, Barney Frank, and Democrats are NOT clueless. They brought about this banking crises on purpose to destroy America.

If the American people will not act then all is lost.

Stop Distracting us from the TRUTH....

This is WHAT is important....

FOLLOW the MONEY FLOW to the Democrat Party!

What?
Nice distraction, it was the BushCo that was in power and who helped shovelling all the money to Israel ...

YES... you are right....

It is called Distraction....

So Now... Pelosi wants to INVESTIGATE BUSH....

Another Distration.

Don't you people see .... it is ALL RIGHT HERE on YOUTUBE.... and many here STILL DEFEND THEM.

When will you WAKE UP and SEE THE LIGHT!

Yes... this truth will set you free if you are willing to look.

The NWO News and Media has successfully PROGRAMMED so many in the USA... they can not think for themself.

This is sad.

Only a moron would try to blame it on Fannie Mae and Freddie Mac! It would be like somebody breaking into your house and stealing all your shit, then blaming it on the people that bought your crap from them rather than the crooks that stole it! After all, they would never have broken into your house if they knew that nobody would have bought your trash!

The loans that they were promoting were the Community Reinvestment Act loans, not the subprime ARMs that the brokers were selling. But the brokers realized that they could make more money from the subprime ARMs, so they pushed people that would have qualified for CRA loans into subprime loans. And, many brokers were using stated income when the buyer's income wouldn't qualify them for the loan, often without the buyer's knowledge.

And, the Gramm/Leach/Bliley Act had more to do with the problem than Freddie Mac and Fannie Mae ever did. The same act that brought us the Enron loophole, and deregulated commodities trading causing the outrageous oil and gas prices also rolled back the protections of the Glass Steagal Act enacted after the Republican Great Depression. It also allowed banks to create "financial subsidiaries" to sell products that banks weren't legally allowed to. These subsidiaries wrote many of the subprime loans that caused the problem.

When the states started going after these subsidiaries for predatory lending practices, the Bush administration's Office of the Comptroller of the Currency using some obscure civil war era law claimed that these subsidiaries were exempt from state predatory lending and consumer protection laws. (See Watters v Wachovia)

Thanks for posting this OP. What I cannot understand is how the American people can let this type of behavior be swept under the rug so easily. They have it on record, even video-taping the entire hearing, and everyone turns a blind eye to these assholes, crooks, backstabbers. It blows my mind!

Fannie Mae and Freddie Mac, Barney had his dick up both of them.

A parrot can survive in the wild and kill things using only it's beak, can you?

OP you are 100% entitled to your opinion and to express it here. However, if you are looking to convince others, 4th or 5th grade spelling skills might indicate that you have the ability to read, understand and make an informed decision.

Who's the sheep that's parroting the GOP party line rather than doing any fucking research?

THE 1977 COMMUNITY REINVESTMENT ACT APPLIED ONLY TO 10% OF FEDERAL BANKS. DERIVATIVES WORTHLESS PAPER IS THE PROBLEM. EVEN A SUB-PRIME HAS A VALUE. 8 YEARS OF THE OF PUSHING MONEY INTO THE SYSTEM TO MAKE ECONOMY LOOK GOOD. 2004 FED. LETTING LOAN RATIO GO FROM 1-12 TO 1-30, FALSE AAA CREDIT RATINGS. BUT THESE SIMPLY MINDED PEOPLE(RETARDS)GET THEIR INFO. FROM SADDAM HANNITY AND DRUGGIE LIMPBALLS THEN THEY THINK THEY ARE INFORMED SHIT 4 BRAINS = HANNITIZED SHIT 4 BRAINS DILDO-HEADS

Oh Please....... mental masterbation you are all caught up in your ego.

PRESS RELEASE
Conference of State Bank Supervisors
1015 18th Street NW, #1100, Washington, DC 20036

October 8, 2003

STATES UNITE TO FIGHT SWEEPING OCC PREEMPTION

Washington, D.C. -- In a rare locking of arms, state groups representing governors, state attorneys general, state legislatures and state bank supervisors are working to stop the Office of the Comptroller of the Currency (OCC) from preempting state laws for national banks and their subsidiaries.

The Conference of State Bank Supervisors (CSBS) along with a number of prominent organizations, including the National Governors Association (NGA), the National Association of Attorneys General (NAAG), the National Conference of State Legislatures (NCSL), and the North America Securities Administrators Association (NASAA), have voiced their opposition to the OCC's proposed rule that would effectively preempt all state laws that apply to the activities of national banks and their state-licensed subsidiaries. The groups are asking OCC to withdraw the controversial proposal.

In addition to the CSBS comment letter, 50 state banking departments sent comment letters to the OCC and 50 state attorneys general signed on to a separate letter. Most all of the comment letters were also forwarded to members of Congress, asking that the OCC proposal be withdrawn pending congressional review.

[link to www.csbs.org]

The democrat constituency is typically ignorant and uneducated. No surprise.

April 17, 2007

Conference of State Bank Supervisors
1155 Connecticut Avenue, NW, 5th Floor, Washington, DC 20036

CSBS Statement On Supreme Court Decision on Preemption
By Neil Milner, President and CEO

Conference of State Bank Supervisors

“The Conference of State Bank Supervisors is deeply disappointed by today’s ruling by the U.S. Supreme Court in the Watters v. Wachovia Bank, N.A. case, and we see it as a setback for financial consumers and state efforts to battle predatory lending, abusive mortgage lending practices and mortgage fraud.

“This decision does irreparable harm to the states’ historical role in advancing consumer protection and ability to respond to local issues.

“Now that the Court has decided the matter, it is incumbent on all financial regulatory agencies – state and federal -- to work together toward achieving the common goal of consumer protection.

“In the interest of the consumer, it is more important than ever that state and federal financial regulatory agencies work toward a coordinated and responsive regulatory policy.

“CSBS will continue to pursue a more seamless and coordinated state regulatory system as we are currently doing in mortgage supervision.”

[link to www.csbs.org]

You are projecting!

Yes all 3 criminals should be thrown out of office. I agree 110%

[link to www.usnews.com]

Did Barney Frank Help Push Bailout Cash to Home-State Bank?
January 22, 2009


Fascinating story in today's Wall Street Journal exploring the potential political factors behind the government's decisions as to which banks should receive bailout cash:

The Treasury had said it would give money only to healthy banks, to jump-start lending. But OneUnited had seen most of its capital evaporate. Moreover, it was under attack from its regulators for allegations of poor lending practices and executive-pay abuses, including owning a Porsche for its executives' use.

Nonetheless, in December OneUnited got a $12 million injection from the Treasury's Troubled Asset Relief Program, or TARP. One apparent factor: the intercession of Rep. Barney Frank, the powerful head of the House Financial Services Committee.

Glenn Beck - People vs Barney Frank - Obama and Subprime

Don't just impeach them, throw them in jail and toss the key, those traitors deserve worse but in the spirit of a new direction we can show some mercy.

I'm still waiting to find out who this "Chris Dobb" guy is (snicker, snicker).

This thread is so typical of a poster who watches Faux News for the usual GOP talking points.

Fail.

If you are going to accuse someone of a CRIME, you need to spell their name correctly.

HINT: since you were signed in when you posted the original thread, you can sign back in and edit the thread title.