Posts Tagged ‘subprime lending’
Levin tears into the subprime crisis lies
Mark Levin – a great constitutional scholar – has a radio program on WABC in New York at 6 p.m. ET after the Hannity slot. I enjoy listening to him when I can and his book, Men in Black, helped me put into perspective how the judicial branch of the federal government got out of…
Read MoreWilliams helps us understand the Constitution
Always a good read, Walter Williams’ column this week is right on message for our audience. This week he reminds readers that Congress – primarily the people’s house – runs the government including generating tax revenue and determining spending allocations. As the media and many politicians completely ignore the founding documents, over time they become…
Read MoreGovernement Promotes Subprime Loans – Gets Caught
There is quite a bit of blame going on concerning the so-called subprime loan crisis. Depending on who you speak with, it’s either the predatory lenders that took advantage of people, or it was the people who signed the contract that clearly stated they were buying into an adjustable rate mortgage, but just didn’t care.…
Read MoreDemocrats Blame Bush for Everything – PROVE IT
I’m calling out all Democrats and liberals. Prove it. Prove that President Bush did this, and it resulted in that. I’m talking a clear case of cause and effect. Jobs, housing, oil prices, gas prices, global warming… Pick your poison and give it a shot. Reuters just posted a story, Democrats Slam Bush on Gloomy…
Read MoreBernake Calls for Reductions in Mortgage Principal
Outrage of the day. The fed chairman is suggesting that lenders actually lower the principal of mortgages for those having difficulty covering the rising costs of their subprime loans.
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