Acorn/Obama/Fannie and Freddie/Bailout

[GotRovr]

Acorn instrumental in pushing zero down loans to mortgage industry, Fannie and Freddie

Fannie and Freddie contribute to Obama?s campaign

Zero down loans backfire and becomes catalyst to current mortgage crisis

Fannie and Freddie fold on backs of TAX PAYERS

Key individuals of failed Fannie and Freddie join Obama campaign

Democrats push to earmark money for Acorn in current bailout legislation

Obama was part of legal council of Acorn

Acorn now accused of voter fraud

HELLO PEOPLE, WAKE THE FUCK UP

 

[enonz98lr]

i am glad someone is awake! most of the students on campus are registered to vote, BUT they are doing it to be COOL! i have seen more oboma crap oncampus than in any other election. hes got all the college students suckered into beleaving that hes gonna just make a big U turn and we will be fine. im for McCane he may be old but atleast he has passed a bill or two and stayed consistant in his voting ploiciesatriot:

 

[az_max]

I was starting to think Obama was The One. With the way this bailout stuff is going, I'm not so sure anymore. I hate to vote for the current party in charge, but Mccain is starting to show he's not in GWB's innercircle of cronies. That's one step for him. Then having a VP so far out of the politcal circle might be another plus. But then I hear her speak. There's a minus. And there's the whole Keating 5 scandal with Mccain. (the last big banking scandal, where thousands of people lost their life savings in Lincoln Savings and Loan).

If I could vote "none of the above" and have it count for something I would.

 

[WNYDiscoIIErik]

Who is McCane?

 

[greenramp]

He's the guy that has balls of steel,
kind of like this guy:
Lt. Commander (Ret) Ralph C. Wilson WWII Vet.








Founder / Owner of the Buffalo Bills

At least have some respect for the man for what he has done for you.

 

[95.D1.Rick]

http://www.youtube.com/watch?v=H5tZc8oH--o

 

[bovw]

He's the guy that has balls of steel,
kind of like this guy:
Lt. Commander (Ret) Ralph C. Wilson WWII Vet.








Founder / Owner of the Buffalo Bills

At least have some respect for the man for what he has done for you.

:applause: atriot:

 

[GotRovr]

rest my case

 

[bovw]

I just love the article I just read in the Washington Post. Part of it was about a couple who purchased a 600k house with a 5 year ARM on a combined income of less than
100k. Now they're having to cut back to cover the 3k a month mortgage. I live within my means and now I get to help bail out these stupid ass people and many others.

 

[montanablur]

Accepting campaign contributions is one thing... The way McCaine is involved is outright unethical...

Article here​

Last week, though, McCain's trust in Davis was tested again amid disclosures that Freddie Mac, the troubled mortgage giant that was recently placed under federal conservatorship, paid his campaign manager's firm $15,000 a month between 2006 and August 2008. As the mortgage crisis has escalated, almost any association with Freddie Mac or Fannie Mae has become politically toxic. But the payments to Davis's firm, Davis Manafort, are especially problematic because he requested the consulting retainer in 2006?and then did barely any work for the fees, according to two sources familiar with the arrangement who asked not to be identified discussing Freddie Mac business. Aside from attending a few breakfasts and a political-action-committee meeting with Democratic strategist Paul Begala (another Freddie consultant), Davis did "zero" for the housing firm, one of the sources said. Freddie Mac also had no dealings with the lobbying firm beyond paying monthly invoices?but it agreed to the arrangement because of Davis's close relationship with McCain, the source said, which led top executives to conclude "you couldn't say no."

 

[group captain mandrake]

Accepting campaign contributions is one thing... The way McCaine is involved is outright unethical...

Article here​

Last week, though, McCain's trust in Davis was tested again amid disclosures that Freddie Mac, the troubled mortgage giant that was recently placed under federal conservatorship, paid his campaign manager's firm $15,000 a month between 2006 and August 2008. As the mortgage crisis has escalated, almost any association with Freddie Mac or Fannie Mae has become politically toxic. But the payments to Davis's firm, Davis Manafort, are especially problematic because he requested the consulting retainer in 2006?and then did barely any work for the fees, according to two sources familiar with the arrangement who asked not to be identified discussing Freddie Mac business. Aside from attending a few breakfasts and a political-action-committee meeting with Democratic strategist Paul Begala (another Freddie consultant), Davis did "zero" for the housing firm, one of the sources said. Freddie Mac also had no dealings with the lobbying firm beyond paying monthly invoices?but it agreed to the arrangement because of Davis's close relationship with McCain, the source said, which led top executives to conclude "you couldn't say no."
__________________

Wow, that sounds pretty dammning. McCain's campaign manager was retained by Freddie Mac.
Sounds like curtains for McCain.
You didn't by chance happen to look to see if Barney Frank, Christopher Dodd, and Barrack Obama recieved any money from them as well, did you?

 

[MUSKYMAN]

Christopher Dodd gets money every month just by paying his 1.75% mortgages on 2 different homes thanks to countrywide

yeah isnt it nice he is right there fixing this whole mess

 

[skydiver]

On the VP debate, Biden said something to the effect that he and Obama support the wiping/reduction of peoples principle on mortgages that they're defaulting on. (I don't remember his exact phrasing.)

This really pisses me off... You don't teach people responsibility by rewarding bad behavior. If this happens, you'll wind up with a ton of "spoiled brat kids" tied to the dems for life. People need to be taught personal responsibility, and sometimes a hard lesson is the best lesson.

Palin didn't impres me at all. She seemed too much like a school teacher. haha

I'm still going for McCain, but still think a libertarian (Ron Paul ?) would be better...

 

[MarkP]

On the VP debate, Biden said something to the effect that he and Obama support the wiping/reduction of peoples principle on mortgages that they're defaulting on. (I don't remember his exact phrasing.)

Obama/Biden encouraging principle reductions on loans is idiotic. That opens the floodgates to adjusting ALL credit to lower levels based on 'new' asset values. Many if not most of the upside down loans are speculators and out of control liberal areas such as California and Massachusetts. In the end this just turns into class warfare.

Wait . . . that's what they want.


As for Palin, she killed lying Joe on connecting with America and truthfulness. Last count for Joe's fantasy world was 14+.

 

[MarkP]

As for the bailout . . .

The Frank/Dodd/Paulson/Bush/Obama bailout won't work. The government is not disciplined enough to put the money to work in the right places. Adding earmarks to the bailout bill is a perfect example.

In addition, the US government added like $1.5T in new spending in roughly two weeks. This is a confidence game and they are doing all they can to undermine it.

 

[gugubica]

Accepting campaign contributions is one thing... The way McCaine is involved is outright unethical...

Article here​

Last week, though, McCain's trust in Davis was tested again amid disclosures that Freddie Mac, the troubled mortgage giant that was recently placed under federal conservatorship, paid his campaign manager's firm $15,000 a month between 2006 and August 2008. As the mortgage crisis has escalated, almost any association with Freddie Mac or Fannie Mae has become politically toxic. But the payments to Davis's firm, Davis Manafort, are especially problematic because he requested the consulting retainer in 2006?and then did barely any work for the fees, according to two sources familiar with the arrangement who asked not to be identified discussing Freddie Mac business. Aside from attending a few breakfasts and a political-action-committee meeting with Democratic strategist Paul Begala (another Freddie consultant), Davis did "zero" for the housing firm, one of the sources said. Freddie Mac also had no dealings with the lobbying firm beyond paying monthly invoices?but it agreed to the arrangement because of Davis's close relationship with McCain, the source said, which led top executives to conclude "you couldn't say no."

First of all, this has nothing to do with anything. They employed a firm that McCain also employs, big deal. If you really want to open this can of worms, as previously touched on, look who F/F is giving political contributions to...

 

[az_max]

If they want to reduce the people's payments, they need to extend the loan another 10 years and lower their interest rate. I agree, forgiving people's debt is not the way to go and will probably hurt us greater in the end.

 

[MarkP]

Obama, ACORN (Association of Community Organizations for Reform Now) and the current financial mess
Various sources



The Timeline Project
various

 

[MarkP]

Some doing the work the LSM doesn't want to do . . . .


traces of nuts - ACORN that is.


Maybe Jesse Jackson is behind this web site? :rofl:


Edit add: Apparently Democrats are behind the site.

 

[antichrist]

As for Palin, she killed lying Joe on connecting with America and truthfulness. Last count for Joe's fantasy world was 14+.

If that's true, then America is filled with idiots who can't see beyond a flashy smile trying to appeal to "Joe Sixpack" and "hocky moms". She took refusing to answer the questions posed to an entirely new level of working from a script unrelated to what was asked.