Thread: Trains
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Old October 12th 08, 02:16 AM posted to rec.bicycles.racing
Howard Kveck
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Posts: 3,549
Default Trains

In article ,
wrote:

On Oct 11, 4:18*pm, John Forrest Tomlinson
wrote:
On Sat, 11 Oct 2008 15:08:34 -0700 (PDT), wrote:
On Oct 11, 1:45*pm, Boater wrote:
Cliff wrote:
* "The Candidates as Trains"
*
http://images.dailykos.com/images/us...tiontrains.jpg

That's just...hilarious.


Delightfully, I believe Palin's problems in Alaska are just beginning.


Maybe, but if not for the democrats blocking any investigation into
Freddie and Fannie until after the election, you'd see most of
Nobama's financial advisors being forced to resign in shame AND Nobama
himself dropping out of the race due to the humilation of being caught
with his hands in the cookie jar. *


Who are Obama's Fannie/Freddie-connected financial advisors?

What "cookie jar"?

Where do you get this stuff?

BTW, are you aware that the head of the McCain campaign's company was
being piad by FreddieMac $15,000 per MONTH through August of this
year? And that in July (and possibly at other times) Mr. McCain denied
that any of his staff worked for that company (meaning McCain was
either being tricked by the head of his campaign, or lying. *If it was
the former, I'd think he would have fired him...)

http://www.nytimes.com/2008/09/22/us...mccain.html?em

John McCain - straight talker you betcha.


uhhh, Raines, Jim Johnson, etc...


Franklin Raines is not and has never been a member of or advisor to Obama's
campaign. Johnson was brought in to help vet VP candidates - nothing more.

You can lay the blame for the current credit mess squarely on the
shoulders of democrats who pressured the lending industry to give
loans to the poor and who refused to create the approriate regulations
to prevent the meltdown we're seeing. I'm sure you don't see it that
way, but you've got blinders on. Besides, its all Bush's fault,
right?


Sorry, but the facts get in the way of your attempt to lay the blame for the
current economic crisis on blacks, hispanics and other minorities. (Not racist much,
are y'all?):
______________________

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 nearly 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.
The "turmoil in financial markets clearly was triggered by a dramatic weakening of
underwriting standards for U.S. subprime mortgages, beginning in late 2004 and
extending into 2007," the President's Working Group on Financial Markets reported
Friday.

(snipper)

To be sure, encouraging lower-income Americans to become homeowners gave
unsophisticated borrowers and unscrupulous lenders and mortgage brokers more chances
to turn dreams of homeownership in nightmares.
But these loans, and those to low- and moderate-income families represent a small
portion of overall lending. And at the height of the housing boom in 2005 and 2006,
Republicans and their party's standard bearer, President Bush, didn't criticize any
sort of lending, frequently boasting that they were presiding over the highest-ever
rates of U.S. homeownership.
______________________

http://www.mcclatchydc.com/251/story/53802.html

--
tanx,
Howard

Abandon the Creeping Meatball!

remove YOUR SHOES to reply, ok?
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