Comments on: STUDY: Federal Pre-emption of State Anti-Predatory Lending Laws Led to More Mortgage Defaults

By: whtu

whtu — Wed, 14 Oct 2009 18:00:18 +0000

So Spitzer “ironically” noticed in 2008? What about McCain on May 25, 2006? “If Congress does not act, American Taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system and the economy as a whole.”

Let’s not dump this all on Bush. There is plenty of youtube video showing Maxine Waters, Barney Frank and many other democrats lauding the great accomplishments of Freddie and Fannie under Franklin Raines. Making comments like we should be making more of these types of loans and saying they see “no problem.”

By: Mark E Hoffer

Mark E Hoffer — Wed, 07 Oct 2009 23:37:50 +0000

jc,

choice is usually good. the choice you’re describing is, needlessly, costly, both Economically, and Financially.

the ’smart grid’ is a boondoggle, at best, the CNS of the Panoptic State, at worst..

By: jc

jc — Wed, 07 Oct 2009 22:36:15 +0000

MEH, The cableco/telco duopoly used theit hamster stooges to stymie BPL but once the smart grid is in place it will be simple for Google, Cisco, GE to overlay commercial broadband on the hybrid wireless/powerline networks that are being created. Choice is good!

By: (Heated Topic) – STUDY: Bush Administration Added To Crisis By Preempting State Anti-Predatory Lending Laws « Interesting finds

Wed, 07 Oct 2009 19:02:11 +0000

[...] first had news of the study by the University Of North Carolina at Chapel Hill (check out his blog here) — and he suggests the Bush administration added fuel to the mortgage crisis by stripping [...]

By: Lord

Lord — Wed, 07 Oct 2009 18:40:34 +0000

What do you expect when predators control the government.

By: Brett Tibbitts

Brett Tibbitts — Wed, 07 Oct 2009 18:39:35 +0000

Great post, Barry. But I do disagree with this:

” Recall that when out of power, Federalists and Conservatives strongly argued that state rights must be respected and that smaller federal government intervention was the intent of the country’s founders. (Funny how those arguments faded once they obtained power). ”

Where is there any evidence that Bush was (is) either a Federalist or a Conservative?

By: VennData

VennData — Wed, 07 Oct 2009 18:37:53 +0000

It’s not the regulations, it’s who’s regulating that causes these problems. More Bush failures. When are GOP genuflectors going to wake up to this nonsense?

By: The Fastest Way to FUBAR « Kicking Over My Traces

The Fastest Way to FUBAR « Kicking Over My Traces — Wed, 07 Oct 2009 16:34:59 +0000

[...] So I was left banging my head against my desktop on being reminded that a Republican administration preempted state anti-predatory lending laws: [...]

By: Greg0658

Greg0658 — Wed, 07 Oct 2009 16:11:41 +0000

lets take this a couple of steps further .. cause I can .. Freedom
now if Sara pulled this supposed Spitzer move .. “Slut”
and if the Spitzers didn’t go this route .. and sells a powerful position .. “Insider Trading” .. to the pokey with ya

By: Rikky

Rikky — Wed, 07 Oct 2009 15:25:56 +0000

>>the only difference between a democrat and republican is what part of your life they want to use government to control.

well said riley. until you accept this you’ll never see the glass hidden in the grass.