-- Brian
On Oct 8, 2008, at 9:51 AM, [EMAIL PROTECTED] wrote: > > From: Mark [EMAIL PROTECTED] > >> [EMAIL PROTECTED] wrote: >>> From: Mark [EMAIL PROTECTED] >>> >>> >>>> Is this one of the areas targeted by ACORN ? >>>> http://kcet.org/socal/2008/09/foreclosure-alley.html >>>> >>> >>> As a matter of fact, it was: >>> >>> <http://www.ocrealestateblog.com/blog/OrangeCountyMortgageFinance/_archives/2007/6/1/2992339.html >>> >>> > >>> >>> Francis Drouillard, PE >>> >> Well, Bruce's initial response was more along the lines of what I >> was getting at "Please, the whole ACORN/CRA business is republicans >> blaming it on the dark people as usual." > > That's pretty typical of wild-eyed liberals. > > Conservatives are blaming Barney Frank, Chris Dodd and other > Democrats that fed at the trough of the Freddie Mac and Fannie Mae > trough. They can try to distort that into "racism," but their > fingerprints are still all over this meltdown. > > And who was one of the biggest beneficiaries of political donations > from Fannie Mae and Freddie Mac? Obama weighed in at #2. McCain has received more money from FM & FM directors, officer and lobbyists than Obama. <http://politicalticker.blogs.cnn.com/2008/10/07/fact-check-did-obama-get-second-most-money-from-freddie-and-fannie/ > > Who tried to rein in Fannie Mae and Freddie Mac? The Bush > administration on several occasions and McCain in particular. Who > shot them down? Barney Frank, Chris Dodd, Charles Schumer and Maxine > Waters to name a few. What argument did they use? Racism. > > It worked back then, so it's no wonder they're resorting to that > tactic once again. > >> However, I wouldn't play the race card and I do hold the buyer who >> makes an insane deal primarily responsible for his bad decision. > > They bear a great deal of responsibility, too, which is why McCain's > offer to bail them out in last night's debate went over like a lead > balloon with conservatives. (However, were I to have my druthers, > I'd rather the US govt. take over the actual mortgages instead of > the MBS's.) Agreed. > Obama and other community organizers in the ACORN network threatened > lawsuits against banks that didn't loosen their lending standards > enough to enable folks to enter mortgages they otherwise wouldn't > qualify. I'm not saying that's good or bad -- I'm saying Obama has > some explaining to do. > > And so do Republicans like Bennet of CO that went along with the > Democrats and failed to rein in Mac and Mae, as well as Republicans > like McCain that wilted when the bogus racism charge was leveled. <http://www.newsweek.com/id/162789> --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "StrataList-OT" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/StrataList-OT?hl=en -~----------~----~----~----~------~----~------~--~---
