Citibank Gets $306 Billion
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Citibank Gets $306 Billion
| Mon, 11-24-2008 - 1:21am |
Detroit needs to hurry up and come up with a plan.
| Mon, 11-24-2008 - 1:21am |
Detroit needs to hurry up and come up with a plan.
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Sopal
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You are arguing with ah ideologue. No amount of reality is ever allowed to conflict with their ideology.
dablacksox
Cynic: a blackguard whose faulty vision sees things as they are, not as they ought to be.---Ambrose Bierce, The Devil's Dictionary.
"The CRA was not the cause of this subprime lending crisis which has now crossed over into "prime" lending as homes declining in value
"You are arguing with ah ideologue. No amount of reality is ever allowed to conflict with their ideology."
Pot-kettle, kettle-pot
"The banks mostly DID issue good loans even in poor neighborhoods. The real problem appears to have been the non-bank lenders, the mortgage brokers, who were operating with impunity and without regulation (or with minimal regulation) as far as I can gather. Maybe you have some links on how that whole industry was able to establish itself as it did."
The information has already been posted.
"Careful with your "facts," Sopal.
Oh btw are you still defending the current congress even though our economic problems are happening while the dems are running things, but still blame Bush for the 2000 recession since he happened to walk into office because of Clinton's failures?
Anyone who would call an 8,000 point rise in the Dow a "failure" is also an ideologue who would stamp their feet and hold their breath until they turn blue in insisting that the CRA is the problem today because, gosh darn it I said so. Despite all of the evidence to the contrary.
Speak for yourself when talking about ideologues.
dablacksox
Cynic: a blackguard whose faulty vision sees things as they are, not as they ought to be.---Ambrose Bierce, The Devil's Dictionary.
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