The Trump implosion

[The Derp]

"Furthermore, let's talk about.....anything that can distract from the fact that I got caught lying and trying to cover up for the corruption of Barack Insane Obama and his administration"..

Now this is the part where you provide proof, right? As of now, you haven't provided any proof that Obama ordered the targeting of teabag groups. In fact, the very report you quoted from specifically says the IRS received no outside direction to target specific groups.

That's what your link says.

 

[Hutch Starskey]

Trump is doing fine.
We just need to shoot
Leakers
Fake news reporters
And some dermocrats.

Just some?

Well say 25 percent just to get their attention.

But...again....why aren't you going out there to get started? Too lazy?

Soon enough.

 

[The Derp]

what one says when one has nothing.

That SAD thing is that you quoted a report that said exactly that. That there was a flood of teabag groups following Citizens United (exemptions went from about $110M in 2011 to $315M by 2012, a nearly 200% increase). So they had to come up with ways to filter out the liars who were seeking tax exempt status while providing no charitable function. Lerner determined what those ways were, absent of Obama.

 

[bodecea]

"Furthermore, let's talk about.....anything that can distract from the fact that I got caught lying and trying to cover up for the corruption of Barack Insane Obama and his administration"..

Now this is the part where you provide proof, right? As of now, you haven't provided any proof that Obama ordered the targeting of teabag groups. In fact, the very report you quoted from specifically says the IRS received no outside direction to target specific groups.

That's what your link says.

Interestingly enough, a Scottish clan organization I belong to got "targetted" by the IRS at the same time. Silly us, we thought it was because our Treasurer screwed up.....if we'd only whined about being picked on, we might have gotten off fines free.

 

[bodecea]

Trump is doing fine.
We just need to shoot
Leakers
Fake news reporters
And some dermocrats.

Just some?

Well say 25 percent just to get their attention.

But...again....why aren't you going out there to get started? Too lazy?

Soon enough.

Sure you will....share with us why not now? Too lazy AND scared?

 

[The Derp]

CNN are "right-wingers" now, snowflake?

No, but the people you relied on to provide you with information from what CNN reported are, clearly. The report you quoted said that the IRS received no outside direction when it came to scrutinizing teabag groups.

 

[jc456]

Acorn. freddy mac and fannie mae. it's quite simple. All one has to do is look it up.

LOL! How wrong you are, fuckface. GSE market share between 2004-7 was cut in half. Also, prior to 2004, Clinton's HUD rule prohibited GSE's from purchasing risky subprimes. Bush reversed that rule in 2004. Why did he do that?

dude, post a fking link then?

"Fannie and Freddie's GSE status created certain perceptions in the marketplace, the first of which was that the federal government would step in and bail these organizations out if either firm ever ran into financial trouble. This was known as an "implicit guarantee".

The fact that the market believed in this implicit guarantee allowed Fannie Mae and Freddie Mac to borrow money in the bond market at lower rates (yields) than other financial institutions. The yields on Fannie Mae and Freddie Mac's corporate debt, known as agency debt, was historically about 35 basis points (.35%) higher than U.S. Treasury bonds, while 'AAA-rated' financial firms' debt was historically about 70 basis points (.7%) higher than U.S. Treasury bonds. A 35-basis-point difference might not seem like a lot, but on borrowings measured in trillions of dollars, it adds up to huge sums of money. (For more on agency debt see, Agency Bonds: Limited Risk And Higher Return.)


Read more: Fannie Mae, Freddie Mac And The Credit Crisis Of 2008 Fannie Mae, Freddie Mac And The Credit Crisis Of 2008
Follow us: Investopedia on Facebook"

 

[The Derp]

He was head of the Executive branch snownflake. Nobody is destroying evidence without him directing them to do so. That's why Lois Lerner pleaded the 5th. She didn't want to burn Obama, but she also didn't want to commit perjury. Obama made her a sweet deal to simply plead the 5th and she took.

So where's the proof? Where are the Grand Jury subpoenas?

 

[Wry Catcher]

Was almost 100% preventable had Donald Trump just exercised some damn discretion.
He CLEARLY isnt listening to his advisiors. If he was he wouldnt be tweeting a shitstorm after every single story.

I feel sorry for his staff & family. Still better than Hillary I suppose but it's time to start grooming A REAL CONSERVATIVE for the next cycle. As I stated for MONTHS before the election, Trump is no conservative, in fact he was a life long Democrat. The only reason he ran for president is because everyone told him he couldn't. His ego had to prove everyone wrong & here we sit.

It's certainly clearer now why Russia would prefer to have someone like Trump in the WH rather than Clinton.

Are you idiots capable of going 2 minutes without mentioning your scapegoat?

You just pointed out some of Trump's flaws. Given the way the meeting with the Russian's went down, it's immediately apparent that they easily manipulated Trump.

There's no scapegoat. Only the reality that's right in front of you.

The only thing immediately apparent is that you also suffer from a lack of self control.

Grow up!

 

[The Derp]

"Fannie and Freddie's GSE status created certain perceptions in the marketplace, the first of which was that the federal government would step in and bail these organizations out if either firm ever ran into financial trouble. This was known as an "implicit guarantee".

Prior to 2004, GSE's were prohibited from purchasing risky subprime loans. That prohibition was reversed in 2004. Why?

 

[P@triot]

"Furthermore, let's talk about.....anything that can distract from the fact that I got caught lying and trying to cover up for the corruption of Barack Insane Obama and his administration"..

Now this is the part where you provide proof, right? As of now, you haven't provided any proof that Obama ordered the targeting of teabag groups. In fact, the very report you quoted from specifically says the IRS received no outside direction to target specific groups.

That's what your link says.

I've provided proof. Lets recap:

• The Inspector General found indisputable evidence that only conservative groups were targeted. That immediately eliminates your lame ass excuse about an understaffed team attempting to reduce work (because it would have hit progressive groups as well if that had been the case).

• Your lame ass excuse about an understaffed team is further obliterated by the fact that the team requested additional and unnecessary information from all of those conservative groups - creating more work for themselves (but of course, delaying the creation of those conservative groups).

• Lois Lerner's hard drive was destroyed. Absolutely no reason to do that post Inspector General report unless one is attempting to destroy evidence.

• What's worse is that there were inexplicably no back ups of Lois Lerner's hard drive - which is a violation of federal law (federal law dictates specific criteria for back ups of government machines to preserve and protect data)

• Lois Lerner pleaded the 5th. Absolutely no reason to do that if one was just understaffed and attempting to process tax returns for the American people. Lerner was not about to commit perjury for Barack Insane Obama and go to prison for him, but he made her a sweet deal so she wasn't about to burn him either.

Facts....they are a bitch....uh chief?

 

[jc456]

"Furthermore, let's talk about.....anything that can distract from the fact that I got caught lying and trying to cover up for the corruption of Barack Insane Obama and his administration"..

Now this is the part where you provide proof, right? As of now, you haven't provided any proof that Obama ordered the targeting of teabag groups. In fact, the very report you quoted from specifically says the IRS received no outside direction to target specific groups.

That's what your link says.

why would she have links? it wasn't investigated. so no media outlet reported on it. fk dude, it's as simple as one, two, three. can you count with me? 1, 2, 3.

 

[The Derp]

The fact that the market believed in this implicit guarantee allowed Fannie Mae and Freddie Mac to borrow money in the bond market at lower rates (yields) than other financial institutions. The yields on Fannie Mae and Freddie Mac's corporate debt, known as agency debt, was historically about 35 basis points (.35%) higher than U.S. Treasury bonds, while 'AAA-rated' financial firms' debt was historically about 70 basis points (.7%) higher than U.S. Treasury bonds. A 35-basis-point difference might not seem like a lot, but on borrowings measured in trillions of dollars, it adds up to huge sums of money. (For more on agency debt see, Agency Bonds: Limited Risk And Higher Return.)

None of which has to do with the "dramatic weakening" of underwriting standards for subprime loans beginning in 2004 and extending into 2007. So you post wasted bandwidth posting shit that has nothing to do with what we are talking about.

From 2002-2005, GSEs saw a drop in market share, going from about 50 percent to just under 30 percent of all mortgage originations. Conversely, private label securitization shot up from about 10 percent to about 40 percent over the same period. This is, to state the obvious, a very radical shift in mortgage origination that overlapped neatly with the origination of the most toxic home loans.

 

[The Derp]

I've provided proof.

You confuse innuendo with proof.

 

[Remodeling Maidiac]

Was almost 100% preventable had Donald Trump just exercised some damn discretion.
He CLEARLY isnt listening to his advisiors. If he was he wouldnt be tweeting a shitstorm after every single story.

I feel sorry for his staff & family. Still better than Hillary I suppose but it's time to start grooming A REAL CONSERVATIVE for the next cycle. As I stated for MONTHS before the election, Trump is no conservative, in fact he was a life long Democrat. The only reason he ran for president is because everyone told him he couldn't. His ego had to prove everyone wrong & here we sit.

It's certainly clearer now why Russia would prefer to have someone like Trump in the WH rather than Clinton.

Are you idiots capable of going 2 minutes without mentioning your scapegoat?

You just pointed out some of Trump's flaws. Given the way the meeting with the Russian's went down, it's immediately apparent that they easily manipulated Trump.

There's no scapegoat. Only the reality that's right in front of you.

The only thing immediately apparent is that you also suffer from a lack of self control.

Grow up!

What a pointless contribution

 

[The Derp]

why would she have links? it wasn't investigated.

Why not? Conservatives controlled the House in 2011, they could have investigated. They didn't. How come?

 

[jc456]

The fact that the market believed in this implicit guarantee allowed Fannie Mae and Freddie Mac to borrow money in the bond market at lower rates (yields) than other financial institutions. The yields on Fannie Mae and Freddie Mac's corporate debt, known as agency debt, was historically about 35 basis points (.35%) higher than U.S. Treasury bonds, while 'AAA-rated' financial firms' debt was historically about 70 basis points (.7%) higher than U.S. Treasury bonds. A 35-basis-point difference might not seem like a lot, but on borrowings measured in trillions of dollars, it adds up to huge sums of money. (For more on agency debt see, Agency Bonds: Limited Risk And Higher Return.)

None of which has to do with the "dramatic weakening" of underwriting standards for subprime loans beginning in 2004 and extending into 2007. So you post wasted bandwidth posting shit that has nothing to do with what we are talking about.

From 2002-2005, GSEs saw a drop in market share, going from about 50 percent to just under 30 percent of all mortgage originations. Conversely, private label securitization shot up from about 10 percent to about 40 percent over the same period. This is, to state the obvious, a very radical shift in mortgage origination that overlapped neatly with the origination of the most toxic home loans.

it had everything to do with it. sorry bubba. yo bro, post a fking link then.

 

[jc456]

why would she have links? it wasn't investigated.

Why not? Conservatives controlled the House in 2011, they could have investigated. They didn't. How come?

didn't you read my post? answer is there.

 

[Hutch Starskey]

^^^ Troll clean up isle 4, troll clean up isle 4 the rotted festering stench of libtroll is making people puke.

So if it's not spite, then what is driving the investigations and the grand jury to issue subpoenas? Probable cause.

^^^ still trolling

^Still can't answer.

 

[The Derp]

it had everything to do with it. sorry bubba.

No, it doesn't. The dramatic weakening of underwriting standards for subprime loans was done in the private market, done by private originations.

Private label loans defaulted at over 6x the rate of GSE loans, as well as the fact that private label securitization is responsible for 42 percent of all delinquencies despite accounting for only 13 percent of all outstanding loans (as compared to the GSEs being responsible for 22 percent of all delinquencies despite accounting for 57 percent of all outstanding loans).

You are so far out of your depth here, it's embarrassing.