|
crime fighting hog posted:Could I get some info on this? I've had friends of mine say that the whole financial mess is because democrats passed a bill saying banks couldn't refuse loans to minorites or some crazy poo poo. Is any of that true? The narrative I always hear is Carter wrote the CRA to make banks give loans to the irresponsible, Clinton enforced it and Obama worked on the case that gave it legal precedent. This is the narrative my father and his side of the family have bought into. It doesn't matter that it's not true; it just "sounds right". By that of course; it's all the liberals, minorities and poor peoples fault the economy tanked. Never mind the banks that made the bad loans weren't subject to the CRA or the deregulation of the CDS market turning a $900 billion market into a $62 trillion market based solely on speculation. Also Cato did a study in the late 90's and found that the CRA did little to increase minority home ownership. Then when the economy tanked; it was all the CRAs fault. Even better before the economy tanked, a FWD:FWD: went around as a Bush resignation speech and proudly stating how under his presidency he increased not only the amount of home owners, but MINORITY home owners.
|
| # ¿ Sep 15, 2009 00:25 |
|
|
|
| # ¿ May 19, 2013 03:57 |
|
|
Econosaurus posted:I dont even know where to start, any comments? I should write a response about the Eagle Scout who graduated in the top of his class from a school in the same league as Carnegie Mellon, Cal-Tech and MIT (that he got into with a partial academic scholarship and the rest in loans) and has spent half of 2009 unemployed and unable to get work in the Chicagoland area. Then when he did get work it was for half of what his peers make, with double the hours and the only benefit being a crappy health insurance plan that chose not to cover a doctors visit because he had to go on COBRA for the first half of the year. "Uniquely American; ain't it?"
|
| # ¿ Dec 25, 2009 04:44 |
|
|
Taerkar posted:It amazes me how these people claim that the postal service is 'broken'. It's pretty much the summation of how little they understand things. For being "broken" I'm still amazed Medicare's overhead is between 2-5%. Or how Social Security is "broken". Or the DOE, etc, etc.
|
| # ¿ Apr 16, 2010 05:41 |
|
|
crime fighting hog posted:Earlier today I saw a bumper sticker that said "UNCLE SAM WANTS YOU TO SPEAK ENGLISH". I'll never understand this argument that you must know English if you wish to live and work in America. All of the anger for dialing one to continue, I just don't get it. Wasn't it Arthur Miller who said "America is the only country where learning a second language is considered shameful."? I remember reading that illegal immigrants use fake Social Security numbers. So they pay in, but can never collect. In addition to being paid less than minimum wage, lacking workplace representation, etc, etc.
|
| # ¿ Apr 21, 2010 17:28 |
|
|
Slaan posted:You mean all I have to do to be rich is be poor and have kids? Why didn't I think of that?! Better yet; be an illegal immigrant too! Stupid, lousy 
|
| # ¿ May 3, 2010 01:57 |
|
|
|
| # ¿ May 19, 2013 03:57 |
|
|
Arglebargle III posted:Isn't that the one that was copy/pasted from 2000 anyway? It is. The one I got from my Dad (by way of my uncles idiot girlfriend) was the same email, but with Gore, Kerry and Obama all in the same email. They stopped sending me their right wing email craziness after I pointed that out. 
|
| # ¿ Jun 26, 2010 17:48 |
|
