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In response to:

Allen West Recount Denied

grabberde Wrote: Nov 16, 2012 5:02 PM
Paul Ryan voted for all this stuff. Is he a conservative?
You Republicans forget that George W. Bush was the first president to socialize the auto industry. http://www.politico.com/news/stories/1208/16740.html George W. Bush announces $17.4 billion auto bailout. The plan includes taxpayer assistance for GM and Chrysler in return for radical restructuring.
In response to:

Of Arms and the Man

grabberde Wrote: Nov 16, 2012 4:52 PM
You Might Be A Fascist If. . . 9. You disrespect women and think their place is in the home. You believe women are weak and cannot do things that men do. You believe that sexual harassment or assault is no big deal and that the only thing women are good for is cooking meals and having babies. Sounds just like the Tea Party led Republican Party, doesn't it?
During those same explosive three years, private investment banks -- not Fannie and Freddie -- dominated the mortgage loans that were packaged and sold into the secondary mortgage market. In 2005 and 2006, the private sector securitized almost two thirds of all U.S. mortgages, supplanting Fannie and Freddie, according to a number of specialty publications that track this data.
Between 2004 and 2006, when subprime lending was exploding, Fannie and Freddie went from holding a high of 48 percent of the subprime loans that were sold into the secondary market to holding about 24 percent, according to data from Inside Mortgage Finance, a specialty publication. One reason is that Fannie and Freddie were subject to tougher standards than many of the unregulated players in the private sector who weakened lending standards, most of whom have gone bankrupt or are now in deep trouble.
During those same explosive three years, private investment banks -- not Fannie and Freddie -- dominated the mortgage loans that were packaged and sold into the secondary mortgage market. In 2005 and 2006, the private sector securitized almost two thirds of all U.S. mortgages, supplanting Fannie and Freddie, according to a number of specialty publications that track this data.
Between 2004 and 2006, when subprime lending was exploding, Fannie and Freddie went from holding a high of 48 percent of the subprime loans that were sold into the secondary market to holding about 24 percent, according to data from Inside Mortgage Finance, a specialty publication. One reason is that Fannie and Freddie were subject to tougher standards than many of the unregulated players in the private sector who weakened lending standards, most of whom have gone bankrupt or are now in deep trouble.
During those same explosive three years, private investment banks -- not Fannie and Freddie -- dominated the mortgage loans that were packaged and sold into the secondary mortgage market. In 2005 and 2006, the private sector securitized almost two thirds of all U.S. mortgages, supplanting Fannie and Freddie, according to a number of specialty publications that track this data.
Between 2004 and 2006, when subprime lending was exploding, Fannie and Freddie went from holding a high of 48 percent of the subprime loans that were sold into the secondary market to holding about 24 percent, according to data from Inside Mortgage Finance, a specialty publication. One reason is that Fannie and Freddie were subject to tougher standards than many of the unregulated players in the private sector who weakened lending standards, most of whom have gone bankrupt or are now in deep trouble.
Dupes of the Republican party and Wall Street say the words Bwany Fwank said in 2003 caused the 2008 financial meltdown. Here's Mr. Fwanks answer; Federal Reserve Board data show that: * More than 84 percent of the subprime mortgages in 2006 were issued by private lending institutions. * Private firms made 83 percent of the subprime loans to low- and moderate-income borrowers that year. * Only one of the top 25 subprime lenders in 2006 was directly subject to the housing law that's being lambasted by conservative critics. During Bubble Years, "Private Investment Banks, Not Fannie And Freddie, dominated The Mortgage Loans That Were Packaged And Sold."
In response to:

Of Arms and the Man

grabberde Wrote: Nov 16, 2012 4:45 PM
During those same explosive three years, private investment banks -- not Fannie and Freddie -- dominated the mortgage loans that were packaged and sold into the secondary mortgage market. In 2005 and 2006, the private sector securitized almost two thirds of all U.S. mortgages, supplanting Fannie and Freddie, according to a number of specialty publications that track this data.
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