Finally, someone with gonads! Why isn't she on the ticket?
She makes so much sense, you'd think she was an old guard republican. (As opposed to the the new guard Repubs that are marching us toward socialism almost literally day by day).
Finally, someone with gonads! Why isn't she on the ticket?
She makes so much sense, you'd think she was an old guard republican. (As opposed to the the new guard Repubs that are marching us toward socialism almost literally day by day).
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That's about what I would expect from a member of Congress. Blame Bush, blame the Fed, blame the Treasury, blame Wall Street, blame everyone EXCEPT Congress and the American people. It was members of Congress like her that started this mess when they were accusing banks of discrimination just a few years ago. It was members of Congress who failed in their oversight responsibility. And it was the American people who didn't learn their lesson when the tech bubble burst and dove headlong right into another one. I don't disagree with her opinions, but I would have a lot more respect for her if she would at least acknowledge that she and her colleagues deserve a good portion of the blame as well.
I don't usually care for Ann Coulter's style, but she does pin the Dems down on their part of the current crisis:
Quote:
Threatening lawsuits, Clinton's Federal Reserve demanded that banks treat welfare payments and unemployment benefits as valid income sources to qualify for a mortgage. That isn't a joke -- it's a fact.
When Democrats controlled both the executive and legislative branches, political correctness was given a veto over sound business practices.
In 1999, liberals were bragging about extending affirmative action to the financial sector. Los Angeles Times reporter Ron Brownstein hailed the Clinton administration's affirmative action lending policies as one of the "hidden success stories" of the Clinton administration, saying that "black and Latino homeownership has surged to the highest level ever recorded."
Meanwhile, economists were screaming from the rooftops that the Democrats were forcing mortgage lenders to issue loans that would fail the moment the housing market slowed and deadbeat borrowers couldn't get out of their loans by selling their houses.
A decade later, the housing bubble burst and, as predicted, food-stamp-backed mortgages collapsed. Democrats set an affirmative action time-bomb and now it's gone off.
In Bush's first year in office, the White House chief economist, N. Gregory Mankiw, warned that the government's "implicit subsidy" of Fannie Mae and Freddie Mac, combined with loans to unqualified borrowers, was creating a huge risk for the entire financial system.
Rep. Barney Frank denounced Mankiw, saying he had no "concern about housing." How dare you oppose suicidal loans to people who can't repay them! The New York Times reported that Fannie Mae and Freddie Mac were "under heavy assault by the Republicans," but these entities still had "important political allies" in the Democrats.
Like I've said, both parties share the blame here, I just get pissed when I see these Dems acting like this is all the Republicans' fault.
(As opposed to the the new guard Repubs that are marching us toward socialism almost literally day by day).
wait a minute, you're crying for socialism in every post, thats what you want.....explain yourself, am I allowed to call you a hypocrite or will I be censored?
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Marcy Kaptur for President!!!
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