How we arrived at a $700 billion government economic bailout according to Mr. Obvious Lee. Changes that Pres Clinton made to the Community Reinvestment Act (CRA – google it) in 1995 got the ball rolling. Bush and McCain both tried to intervene with legislation to better monitor Fannie Mae and Freddie Mac but were shot down by the Dems (with support from Obama and Barney Frank). The CRA rules changes, during a time when many banks were merging and needed to pass the CRA review process to do so, substantially increased the number and aggregate amount of loans to low- and moderate-income borrowers for home loans, some of which were “risky mortgages.”
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Paul Lambert and former club Norwich have announced that they have settled their dispute
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“Villa will pay Norwich City the original amount as agreed in the contract between Paul Lambert and Norwich City, and Norwich City will pay Paul Lambert the bonus he was entitled to after completion of the 2011/12 season.
The two clubs issued a statement on Sunday evening which read: “Paul Lambert, Norwich City and Aston Villa have agreed settlement in respect of the dispute regarding Paul Lambert’s departure from Norwich City.
But his departure was acrimonious and Norwich rejected his resignation initially, before failing to reach agreement on compensation with Villa.
Aston Villa boss Paul Lambert has reached a settlement with his former club Norwich, having been in dispute with the Canaries since he left in the summer.
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Norwich contact police with evidence of alleged racist tweets directed at Sebastien Bassong
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McNally tweeted: “For those asking, we will be following up with the police regarding the racist comments reported after the game.
Norwich have confirmed they have lodged an official complaint with the police after Sebastien Bassong was the target of alleged racist tweets.
The defender headed a dramatic last-minute equaliser to earn the Canaries a 1-1 draw at Everton on Saturday before receiving abuse on his Twitter account.
Norwich manager Chris Hughton said the alleged abuse of Bassong was “hugely disappointing”, and he added: “We have taken the appropriate action and passed them on to police.”
I’m really enjoying the design and layout of your blog. It’s a very easy on the eyes which makes it much more enjoyable for me to come here and visit more often. Did you hire out a designer to create your theme? Superb work!
It is so amazing that even the kids can understand and see through the liberalist smoke and mirrors…I do it everyday with these whacky nut job Portlander’s…I think pdx airport saw major business for the dnc convention…McCain-Palin 2008 is my vote from “blue” Portland, OR!
Great job, I’d link it if it was edited a bit!
thank you guys for your awesome comments =)
Way to keep your kids free from the MSM koolaid!
really nice work
nicE one i really understand lol
Funny, but not accurate in terms of the CRA:
Less than 10% of the high coast loans that were issued (which caused the collapse) were issued by CRA regulated banks. On top of that, subprime loans that were made by CRA regulated banks, had, on average, lower interest rates than non-CRA regulated banks. Furthermore, CRA-regulated banks were half as likely to resell (securitize) such loans (another contributor to the crisis).
@redbloodpdx
“liberalist”
face + palm
You are the creepy looney who wants to see kids indoctrinated with your nut job ideology. Fricking national socialists.