Can win Obama win a debate Against Newt ??

You haven't a clue on modern conservatives...obviously. There aren't too many conservatives who think things were ok when Bush left office. But, conservatives do believe things have gotten worse with Obama in office. I'm sure you won't be able to understand this, but, that would be your problem with comprehension.
If this economy isn't turned around (I'm mean "turned around") and the unemployment isn't below 8% in this next year....we have the wrong person as president.

I know conservatives quite well. They are fully capable of convincing themselves, all reality to the contrary, that the economy is in worse shape today than when Bush was in office.

Obama cannot single handedly fix the economy. :cuckoo:
 
yup, all these women were lying.

And when Anita Hill's co-workers said she was lying, they were paid off.

It's amazing how you put your mind into pretzels to defend your reality.

Even Clinton's own staff made sure he was never in a car alone with a woman. That's telling in and of itself, but that's exactly what Leon Panetta said in his memoir...

Please get back to reality. You have attacked Hill and defended Jones for weeks. But you're being objective, not partisan, right? :lmao:

.

Not one person has every backed up Anita Hill's story beyond hearsay.

Dozens of people have backed up the stories about Clinton's harrassment against Jones, Willey, Brodderick, et al.

Oh, and the key thing.

Clinton paid Jones $850,000 to settle the case.

Clinton Paid Jones.
 
Not one person has every backed up Anita Hill's story beyond hearsay.

Other women have said that Thomas harassed them.

Once, when walking into an EEOC seminar with Thomas, he asked her, “What size are your breasts?” according to the transcript of her Senate interview.

Her story was corroborated by a former EEOC speechwriter, who told investigators that Wright had become increasingly uneasy around Thomas because of his comments about her appearance.

Justice Clarence Thomas was ‘obsessed’ with porn, former girlfriend says | The Raw Story

Wright's account was corroborated by Rose Jourdain, a former speechwriter who, like Wright, was dismissed by Thomas. Jourdain said Wright had complained that she was "increasingly nervous about being in his presence alone" because of comments "concerning her figure, her body, her breasts, her legs."

Another former Thomas employee, Sukari Hardnett, said of his office, "If you were young, black, female and reasonably attractive, you knew full well you were being inspected and auditioned as a female."

James Millet, a college classmate of Thomas's, recalled "an almost identical episode" at Holy Cross. "Pubic hair was one of the things he talked about," another classmate said. Jane Mayer and Jill Abramson, in "Strange Justice," found two others who recalled a pubic hair-Coke can comment at the EEOC.

Similarly, Thomas had a well-known taste for the kind of extreme pornography Hill said he brought up with her. "Listening to her, it was as if I was listening to the guy I knew speak," said law school classmate Henry Terry. Washington lawyer Fred Cooke saw Thomas, while EEOC chairman, checking out a triple-X video of "The Adventures of Bad Mama Jama."

Ruth Marcus - One Angry Man

Dozens of people have backed up the stories about Clinton's harrassment against Jones, Willey, Brodderick, et al.

Oh, and the key thing.

Clinton paid Jones $850,000 to settle the case.

Clinton Paid Jones.

I see, when Herman Cain's company pays women, it's to settle a nuisance lawsuit. But when Clinton pays, it's an admission of guilt. And when Hill declines to sue, it's proof that she isn't telling the truth.

I asked for some of the names of those dozens, and you're still giving me the same two women with the same issues with their stories.
 
You haven't a clue on modern conservatives...obviously. There aren't too many conservatives who think things were ok when Bush left office. But, conservatives do believe things have gotten worse with Obama in office. I'm sure you won't be able to understand this, but, that would be your problem with comprehension.
If this economy isn't turned around (I'm mean "turned around") and the unemployment isn't below 8% in this next year....we have the wrong person as president.

I know conservatives quite well. They are fully capable of convincing themselves, all reality to the contrary, that the economy is in worse shape today than when Bush was in office.

Obama cannot single handedly fix the economy. :cuckoo:

He didn't the first 2 years he was in office, he had the Senate, Congress and his office to work with.
 
You haven't a clue on modern conservatives...obviously. There aren't too many conservatives who think things were ok when Bush left office. But, conservatives do believe things have gotten worse with Obama in office. I'm sure you won't be able to understand this, but, that would be your problem with comprehension.
If this economy isn't turned around (I'm mean "turned around") and the unemployment isn't below 8% in this next year....we have the wrong person as president.

I know conservatives quite well. They are fully capable of convincing themselves, all reality to the contrary, that the economy is in worse shape today than when Bush was in office.

Obama cannot single handedly fix the economy. :cuckoo:

He didn't the first 2 years he was in office, he had the Senate, Congress and his office to work with.

Another conservative who has never heard of the filibuster. Interesting.

Anyway, a mess created over almost 30 years does not get cleaned up in 2 or 3 years. It gets improved, not fixed.
 
I know conservatives quite well. They are fully capable of convincing themselves, all reality to the contrary, that the economy is in worse shape today than when Bush was in office.

Obama cannot single handedly fix the economy. :cuckoo:

He didn't the first 2 years he was in office, he had the Senate, Congress and his office to work with.

Another conservative who has never heard of the filibuster. Interesting.

Anyway, a mess created over almost 30 years does not get cleaned up in 2 or 3 years. It gets improved, not fixed.

He had a 58 count with the democrats along with a liberal independent and a socialist independent in the Senate. Sheesh

He couldn't stop the bleeding until the republicans took control of Congress, Come to think of it, things started going to hell when the democrats took control of Congress under Bush. Too bad Bush never heard of the veto pen.
 
He had a 58 count with the democrats along with a liberal independent and a socialist independent in the Senate. Sheesh

He couldn't stop the bleeding until the republicans took control of Congress, Come to think of it, things started going to hell when the democrats took control of Congress under Bush. Too bad Bush never heard of the veto pen.

Senator Kennedy was diagnosed with cancer in May, 2008, died in August, 2009.

Lieberman wasn't uniformly voting with the Democrats.

So no, Obama didn't have Democratic control of the Senate, and he can't single handedly fix the economy.
 
Issue #125, September/October 2002

Going Subprime

Will low-income homebuyers gain or lose when Fannie Mae and Freddie Mac move into the subprime lending market?

By Allen J. Fishbein

Back to Table of Contents The recent foray into the subprime mortgage market by Fannie Mae and Freddie Mac has renewed the debate over their role in the affordable housing arena. The subprime market targets borrowers with credit problems or limited credit histories who do not qualify for cheaper, prime loans. Fannie and Freddie traditionally have purchased a small share of these loans, but this figure is expected to grow significantly in the next few years. Proponents say that the two huge intermediaries can bring better pricing for some subprime borrowers and help to curb predatory lending. Competitors and some analysts say they will only cream the least risky borrowers, making other subprime loans even more costly to borrowers who need them. Still others forecast that a bigger role in the subprime market may pave the way for making traditional prime loans more expensive for some borrowers.

Defining Terms

Fannie Mae and Freddie Mac are for-profit, privately capitalized government-sponsored enterprises (GSEs) chartered by Congress to act as intermediary institutions for residential mortgages (at present that means conventional mortgages under $300,700).

By law, the GSEs must make affordable housing part of their business (see SF #80). The GSEs do not make mortgage loans directly to individual borrowers. Instead they perform their “secondary market” function by buying mortgages from banks, savings institutions and other mortgage lenders. They either keep these loans in their own portfolios or, more typically, package the loans in pools and sell them to investors as mortgage-backed securities. These functions, in turn, provide lenders with the funds needed to issue new mortgages, thus bringing additional capital into the housing loan market. For the mortgages to be packaged and sold as securities, they must meet certain standardized underwriting criteria set by the GSEs. The combined purchases by GSEs in recent years have ranged well over 50 percent of all conventional mortgage activity and this year may hit as much as 71 percent of the market. As a result, Fannie Mae and Freddie Mac have a tremendous degree of influence over which types of borrowers have access to different types of mortgage credit and on what terms.

The overall conventional mortgage market (nongovernment insured or guaranteed) is comprised of two broad categories of loans, prime and subprime. Prime mortgages constitute the largest category, representing loans to borrowers with what lenders regard as good credit (“A” quality, or investment grade). Everything else is subprime – loans to borrowers who have a history of credit problems, insufficient credit history, or nontraditional credit sources. Subprime mortgages are rated by their perceived risk, from the least risky to the greatest risk: A-minus, B, C, and even D. However, A-minus loans account for 50 to 60 percent of the entire subprime market.

Subprime borrowers frequently pay higher points and fees and are saddled with more unfavorable terms and conditions, such as balloon payments, high prepayment penalties, and negative amortization. Lenders say the higher rates and charges reflect the additional costs and risks of lending to borrowers with less than perfect or nonconventional credit. However, research conducted by Freddie Mac suggests that the higher interest rates charged by subprime lenders are in excess of the additional risks these borrowers bear. Thus, increased competition would tend to reduce borrowing costs in the subprime market.

Going Subprime: Fannie Mae and Freddie Mac consider the subprime loan market, by Allen Fishbein
 
Fannie Mae and Freddie Mac were victims, not culprits - BusinessWeek

Start with the most basic fact of all: virtually none of the $1.5 trillion of cratering subprime mortgages were backed by Fannie or Freddie. That’s right — most subprime mortgages did not meet Fannie or Freddie’s strict lending standards. All those no money down, no interest for a year, low teaser rate loans? All the loans made without checking a borrower’s income or employment history? All made in the private sector, without any support from Fannie and Freddie.

This is why lenders sought out bad risks.

http://en.wikipedia.org/wiki/The_Big_Short
 
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The Future of Fannie Mae and Freddie Mac
It’s clear that some type of reform is in the works. But what will this reform look like?

By David Francis
December 14, 2011 RSS Feed Print

Fannie Mae and Freddie Mac are two of the most unique institutions in the United States. Each is a government-sponsored entity, a private organization that receives large amounts of federal funding. This public money is then used to help American consumers buy homes by facilitating the lending of money for mortgages.

[See 21 Things We're Learning to Live Without.]

For decades, Fannie and Freddie, as they've come to be known, did exactly that. They facilitated lending to people of all income brackets, including the middle and working class. They did this by ensuring that these mortgages would be paid. Republicans were wary of both, as they opposed federal money going to a private corporation. But for many Americans, Fannie and Freddie made homeownership possible.

In 2004, however, Freddie and Fannie made the fateful decision of getting involved in the subprime loan market. They began insuring subprime mortgages issued to lenders that would not have qualified for a traditional mortgage. When the subprime bubble popped, Fannie and Freddie lost billions—some estimate losses could total $360 billion. The government was left to pick up the tab.

Fannie and Freddie quickly became pariahs. In 2008, the Treasury Department took control of the companies. Soon after, their stocks were removed from the New York Stock Exchange. Fannie and Freddie came to represent the excess of the housing market, even though private banks had created the subprime mortgage market.

Right now, it's not clear whether Fannie and Freddie will continue to exist. Congress has held numerous hearing this year to plot a course for the companies. Republicans have repeatedly attacked them. Most Democrats now agree that significant changes have to be made to ensure that another subprime-like crisis doesn't occur again.

It's even become a campaign issue. Republican presidential hopefuls are attacking frontrunner Newt Gingrich for accepting $1.6 million in consulting fees.

It's clear that some type of reform is in the works. But what will this reform look like? How will it impact consumers? Will Freddie and Fannie exist in a year?

The Future of Fannie Mae and Freddie Mac - US News and World Report
 
Private sector loans, not Fannie or Freddie, triggered crisis | McClatchy
Fannie and Freddie, however, didn't pressure lenders to sell them more loans; they struggled to keep pace with their private sector competitors. In fact, their regulator, the Office of Federal Housing Enterprise Oversight, imposed new restrictions in 2006 that led to Fannie and Freddie losing even more market share in the booming subprime market.

Read more: Private sector loans, not Fannie or Freddie, triggered crisis | McClatchy
 
Private sector loans, not Fannie or Freddie, triggered crisis | McClatchy
Fannie and Freddie, however, didn't pressure lenders to sell them more loans; they struggled to keep pace with their private sector competitors. In fact, their regulator, the Office of Federal Housing Enterprise Oversight, imposed new restrictions in 2006 that led to Fannie and Freddie losing even more market share in the booming subprime market.

Read more: Private sector loans, not Fannie or Freddie, triggered crisis | McClatchy
Obama cannot defend his policies in a fair debate !!
 
Private sector loans, not Fannie or Freddie, triggered crisis | McClatchy
Fannie and Freddie, however, didn't pressure lenders to sell them more loans; they struggled to keep pace with their private sector competitors. In fact, their regulator, the Office of Federal Housing Enterprise Oversight, imposed new restrictions in 2006 that led to Fannie and Freddie losing even more market share in the booming subprime market.

Read more: Private sector loans, not Fannie or Freddie, triggered crisis | McClatchy

You are just unsuccessfully trying to cover tracks. That needs to include HUD, and FHA. Plenty of blame to go around, true enough. You are in denial about Fannie and Freddie who insured the loans.
 
Private sector loans, not Fannie or Freddie, triggered crisis | McClatchy
Fannie and Freddie, however, didn't pressure lenders to sell them more loans; they struggled to keep pace with their private sector competitors. In fact, their regulator, the Office of Federal Housing Enterprise Oversight, imposed new restrictions in 2006 that led to Fannie and Freddie losing even more market share in the booming subprime market.

Read more: Private sector loans, not Fannie or Freddie, triggered crisis | McClatchy

You are just unsuccessfully trying to cover tracks. That needs to include HUD, and FHA. Plenty of blame to go around, true enough. You are in denial about Fannie and Freddie who insured the loans.

Those who blame this on the CRA and FM and FM for the mortgage crisis are misinformed, and are unfamiliar with why it is that private lenders kept loosening their standards.
 

You are just unsuccessfully trying to cover tracks. That needs to include HUD, and FHA. Plenty of blame to go around, true enough. You are in denial about Fannie and Freddie who insured the loans.

Those who blame this on the CRA and FM and FM for the mortgage crisis are misinformed, and are unfamiliar with why it is that private lenders kept loosening their standards.

Any private lenders you want to get specific about?
 

You are just unsuccessfully trying to cover tracks. That needs to include HUD, and FHA. Plenty of blame to go around, true enough. You are in denial about Fannie and Freddie who insured the loans.

Those who blame this on the CRA and FM and FM for the mortgage crisis are misinformed, and are unfamiliar with why it is that private lenders kept loosening their standards.

You are not being honest.
 
[ame=http://www.youtube.com/watch?v=ivmL-lXNy64]EVIDENCE FOUND!!! Clinton administration's "BANK AFFIRMATIVE ACTION" They forced banks to make BAD LOANS and ACORN and Obama's tie to all of it!!! - YouTube[/ame]
EVIDENCE FOUND!!! Clinton administration's "BANK AFFIRMATIVE ACTION" They forced banks to make
 

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