Obama Administration Pushing for Home Loans for Those With Weaker Credit. It’s insanity to try the same thing over and over and expect a different result. Hang on to your wallet.
Obama Administration Pushing for Home Loans for Those With Weaker Credit. It’s insanity to try the same thing over and over and expect a different result. Hang on to your wallet.
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How did this work out last time. Oh yeah, it worked great. The whole fiasco was blamed on George Bush by the Rats and their butt sucking media.
Just what we need, another crash in the housing market. Prices are just starting to come back a bit, and Barky will kill us again.
How is this any different from what happened in 2008? This is what I am talking about people not learning from the past... or else it is in truth intended as a FU United States parting gift from Barackie.
Einstein's definition of insanity(Or stupidity/apathy): Doing the same thing over and over again and expecting different results.
Same fricking song they've been singing for forty years starting with Carter and his "Community Reinvestment Act."
Then they push the banks to push these loans to someone who works part time at Wally World that doesn't have a prayer of paying it off but scold the same banks for being greedy when it blows up in their faces. Again.
Not that I'm a fan of the big banks but if you can't see that their actions are enabled by the same politicians like this horse's ass, I'm sorry for you.
Politicians set the whole ponzi scheme in motion going back to FDR and beyond.
George Carlin: "It's called the American Dream...Because you have to be asleep...To believe it."
https://www.youtube.com/watch?v=kJ4SSvVbhLw
Sounds like they have a game plan. They know they lose the WH this cycle. Might as well create a financial catastrophe that will blow up just in time for the next election cycle. This isn't insanity, it's their plan to resume control of the country again and blame it on the gang of pu$$ies. They will get away with it too. Again.
That's why I added in stupidity or apathy. They don't GAS. It's all a big show to win votes and has been for over fifty years.
The game changed with the manipulation of the media years and years ago when politics became less about the politicians than the show they put on. Before, they had to physically go city by city and win people over. Now, they have the media doing the grunt work and all the politicians have to do is run off of maybe a total of 24 hours of face to face "debates."
The system as originally conceived is fine but the system as perverted by politicians over the last 100+ years is FUBAR.
Yeah, giving home loans to people on Social Assistance worked so well last time.
What could go wrong?
Are they expecting no one to notice? It wasn't exactly a secret last time. Ought this not to trigger an immediate outcry from not just conservatives, but anyone in the center/left who can read and write(both of them).
You'd be surprised how many people don't know that the current bad economy was caused by this. Worse yet, they still deny it even when you show it to them.
This is what comes from a society that is more interested in reality tv than reality.