New bank rules

[ACMF74]

Yeah didnt banks used to do that till the GOVT told them not to??? Said that was too discriminatory to the poor people, al la barney frank

what specifically, alot of stuff started while Clinton was in office, and some under Bush Sr.

I dont think it has much to do with who was in office at the time

the easing of lending requirements.

[z31maniac]

^Community Reinvestment Act or something. Or am I mixed up?

[mrsleeve]

didnt this start when Clinton was still in office????

OH NO my friend LONG BEFORE Slick Willy

Carter guys Jimmah Peanut. The community Reinvestment act or CRA was a jem from the cater administration.

then strengthened by Clinton. Then Barny the fairy muppet pushed for further rules at fannie and freddie to ease the restrictions and increase the sub-prime debockel when he was in charge of the committee that over sees them.

[briansjacobs]

No one was "tricked" into buying a home. They made a conscious decision to buy. Period. They were uneducated and who's fault is that?
That's the problem with liberals, personal responsibility is nonexistent.

for me as a person that saw it first hand, and worked within the system, I saw what was happening to people. The people that were greedy and trying to work the system, fuck them, the people I feel sorry for are the people that were dooped, that trusted their loan officer and he tricked them, that is all. Yes I am liberal on personal issues but I am fiscaly conservative.

[joshh]

for me as a person that saw it first hand, and worked within the system, I saw what was happening to people. The people that were greedy and trying to work the system, fuck them, the people I feel sorry for are the people that were dooped, that trusted their loan officer and he tricked them, that is all. Yes I am liberal on personal issues but I am fiscaly conservative.

And that occurs because the buyer is uneducated.
The ENTIRE lone industry is crooked. There's no arguing that. But when something is legal and a person agrees to pay what is handed to them, that is their own fault. It is their responsibility to have it checked.
You can't be a liberal on personal issues and be fiscally conservative. It just doesn't work. Personal liberal issues fly in the face of fiscal conservatism. Personal liberal issues are about spending tax payer money on personal issues.

[z31maniac]

Maybe he meant socially liberal?

I'm fiscally conservative and socially liberal. But by socially liberal, that does not mean that I am for a big nanny/welfare state. It means that I think gov't should not be legislating morality/etc.

[briansjacobs]

And that occurs because the buyer is uneducated.
The ENTIRE lone industry is crooked. There's no arguing that. But when something is legal and a person agrees to pay what is handed to them, that is their own fault. It is their responsibility to have it checked.
You can't be a liberal on personal issues and be fiscally conservative. It just doesn't work. Personal liberal issues fly in the face of fiscal conservatism. Personal liberal issues are about spending tax payer money on personal issues.

Maybe he meant socially liberal?

I'm fiscally conservative and socially liberal. But by socially liberal, that does not mean that I am for a big nanny/welfare state. It means that I think gov't should not be legislating morality/etc.

to be more specfic, I was for letting the banks and GM fail, no bail outs. I am also for gay marriage, immagration reform (I dont feel the border should have closed the minute my family made it here in 1910), I am for the decriminalization and limited legalization of marijuana (and no I dont smoke it)

that should be fairly clear on the where I am conservative and where I am liberal

[mrsleeve]

to be more specfic, I am also for gay marriage, immagration reform (I dont feel the border should have closed the minute my family made it here in 1910), I am for the decriminalization and limited legalization of marijuana (and no I dont smoke it)

that should be fairly clear on the where I am conservative and where I am liberal

wow we are not going to get along very well are we :(

[briansjacobs]

wow we are not going to get along very well are we :(

why? because we disagree on a few things. I get along just fine with alot of people that are usually wrong:p

Human rights is a big deal for me! I dont like narrow minded people or racist at all.

[briansjacobs]

wow we are not going to get along very well are we :(

I guess this means you dont want to debate religion or creation;)

[mrsleeve]

why? because we disagree on a few things. I get along just fine with alot of people that are usually wrong:p

Human rights is a big deal for me! I dont like narrow minded people or racist at all.

I have no issues with human rights in fact I all for them, till the seem to supersede the Rights of the individual.

Yeah I know its kinda a redundant thing but in the last 100 years or so the libbs have tried/trying to do just that.

on topic, banks got themselves into this, with the help of the feds, I think we should have let them both fail. and then start over from scratch. It would have been bad, but it would have been much shorter lived that trying to socially engineer our way outta it al la the New deal.

[briansjacobs]

I have no issues with human rights in fact I all for them, till the seem to supersede the Rights of the individual.

Yeah I know its kinda a redundant thing but in the last 100 years or so the libbs have tried/trying to do just that.

im not following you, care to expand? lets see what terrible things have the libbs done in the past 100 years....

1. aboloshed slavery
2. given women the right to vote
3. ended segregation

we still have a long way to go!

[ck_taft325is]

im not following you, care to expand? lets see what terrible things have the libbs done in the past 100 years....

1. aboloshed slavery
2. given women the right to vote
3. ended segregation

we still have a long way to go!

What do any of those have to do with a Political System or ideaology exactly?

[ck_taft325is]

Fact: Not everyone is created equally. I will never be on the leading edge of physics. Somewhere in this translation what is often missed is that because not everyone is created equal they are lesser or above another.

[briansjacobs]

What do any of those have to do with a Political System or ideaology exactly?

It was in response to below

till they seem to supersede the Rights of the individual.

Yeah I know its kinda a redundant thing but in the last 100 years or so the libbs have tried/trying to do just that.