Devil505

Anyone see that disgusting, phony temper tantrum on Fox? For an entertainer to be so childish & abusive to a sitting U.S. Congressman is inexcusable & Fox should publicly apologize to the American people & fire O'Reilly!

War is a game that is played with a smile. If you can't smile, grin. If you can't grin, keep out of the way till you can.
Winston Churchill

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ViperOne

O'Reilly didn't just cost the American taxpayers 850 billion dollars. If anyone needs to get the boot it is Ms. Frank.

justoneman

I loved it! Only one problem. Bill O'Reilly did not pin the blame correctly on Barney. the fact is he should have said that the regulations created by the Democrats caused Fannie Mae to make these bad loans. Other than that I thought it was fabulous. Barney Frank is a low life scum bag.

2lane

Explain so we all can understand how Freddie and Fannie are solely responsible for the banking fiasco. Please. Tell us how its entirely from the actions at FMFM. This'll be interesting.

justoneman

These two loaning agencies are special. They are partial entities of the US government. Special regulations were created for these two lending entities. These special regulations affected Fannie Mae and Freddie to make a certain % of loans to minorities and low income borrowers. It was their charge to make these certain percentages of these sorts of loans. Fannie and Freddie are the most heavily regulated money loaning entities there are. Heavily regulated. Regulated to make bad loans.

nonsqtr

No, no, don't bait him.... Jeez.... do you wanna go through all that AGAIN?

All that's gonna do, is force someone to respond to the stupidity about the CRA, and Fannie, and Freddie....

And I mean, International Underwriter has already laid that WHOLE thing to rest. So, let's not do it again. 'Kay?

We must hang together, gentlemen, else we will surely hang separately.
http://www.groupof12.com

justoneman

Now ask who was in charge of these loaning entities.

justoneman

Don't want to ask? OK I will answer anyway:

Federal National Mortgage Association

Even though she had no previous training nor experience in finance, Gorelick was appointed Vice Chairman of Federal National Mortgage Association (Fannie Mae) from 1997 to 2003. She served alongside former Clinton Administration official Franklin Raines.[1] During that period, Fannie Mae developed a $10 billion accounting scandal.[2]
On March 25, 2002, Business Week interviewed Gorelick about the health of Fannie Mae. Gorelick is quoted as saying, "We believe we are managed safely. We are very pleased that Moody's gave us an A-minus in the area of bank financial strength -- without a reference to the government in any way. Fannie Mae is among the handful of top-quality institutions."[3] One year later, Government Regulators "accused Fannie Mae of improper accounting to the tune of $9 billion in unrecorded losses".[4]
In an additional scandal concerning falsified financial transactions that helped the company meet earnings targets for 1998, a "manipulation" that triggered multimillion-dollar bonuses for top executives.[5] Gorelick received $779,625....



Jamie Gorelick - Wikipedia, the free encyclopedia

justoneman

Yes that Jamie Gorelick. The one that put up a wall to block the FBI and the CIA from sharing intelligence information about terrorists. Thank you so much Democrats and especially Bill Clinton.

Can we finally have some of these scum bags called to task by the main stream media? Is it possible some how?

Goldwater

Devil you just gave me a huge woodie!!!!

Will you go to the Prom with me???