On 1/4/2014 12:33 PM, Rudy Canoza wrote:


My story is the correct, factual account of what happened. Left-wing
government meddling in the mortgage market caused the collapse - proved.

Now, why would any sane person think that governmental forcing of
lending institutions to give money to people who had no intention or
ability to pay it back would be a bad thing?

Steve

SteveB wrote:

On 1/4/2014 12:33 PM, Rudy Canoza wrote:

My story is the correct, factual account of what happened. Left-wing
government meddling in the mortgage market caused the collapse - proved.

Now, why would any sane person think that governmental forcing of
lending institutions to give money to people who had no intention or
ability to pay it back would be a bad thing?


It would be a bad thing if it happened,
but it didn't happen. The story is make believe.

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On 1/4/2014 3:51 PM, jim wrote:


SteveB wrote:

On 1/4/2014 12:33 PM, Rudy Canoza wrote:

My story is the correct, factual account of what happened. Left-wing
government meddling in the mortgage market caused the collapse - proved.

Now, why would any sane person think that governmental forcing of
lending institutions to give money to people who had no intention or
ability to pay it back would be a bad thing?


It would be a bad thing if it happened,
but it didn't happen. The story is make believe.

So, beginning with the Carter administration enacting the relating laws,
it was all fantasy? I think you are a fantasy. And you live in a
fantasy world. Because you have no idea about history. And you must
not be up on current events, because you missed the story so far
starting with the Carter administration legislation. If you don't have
any facts, or can't answer in context with the thread, just STFU, and go
watch Kojack reruns in the basement.

Steve

On 1/4/2014 4:23 PM, prime cut wrote:
On 1/4/2014 4:22 PM, jim wrote:
Lenders were not forced to make bad loans



You're going to CONTINUE to get your ass kicked silly here!

Case Name
Buycks-Roberson v. Citibank Fed. Sav. Bank Fair Housing/Lending/Insurance
Docket / Court 94 C 4094 ( N.D. Ill. ) FH-IL-0011
State/Territory Illinois

Case Summary

most knowledgeable quote snipped because of prohibitions by my server


CRA is costly and unnecessary red tape that makes it more difficult for
financial institutions to serve their customers. Its repeal, not
expansion, would help both banks and home buyers.

Sir, I believe you are trying to talk calculus to the intellectual
equivalent of a poodle.

My apologies to poodle owners, they are actually a very smart breed.

But you get the idea.

Thank you for your in depth concise eloquent post. 10 to the 16th power
more informative than jim's two line retorts.

Steve

SteveB wrote:

On 1/4/2014 3:51 PM, jim wrote:


SteveB wrote:

On 1/4/2014 12:33 PM, Rudy Canoza wrote:

My story is the correct, factual account of what happened. Left-wing
government meddling in the mortgage market caused the collapse - proved.

Now, why would any sane person think that governmental forcing of
lending institutions to give money to people who had no intention or
ability to pay it back would be a bad thing?


It would be a bad thing if it happened,
but it didn't happen. The story is make believe.

So, beginning with the Carter administration enacting the relating laws,
it was all fantasy?

What law forced lenders to give money to people who had no
intention or ability to pay it back?

I think you are a fantasy. And you live in a
fantasy world. Because you have no idea about history. And you must
not be up on current events, because you missed the story so far
starting with the Carter administration legislation.

It is nothing but a story. The story is based on made up facts.


If you don't have
any facts,

The facts are all on record. There is no reason to rely on
internet stories. If you can find a single
piece of legislation or court action that forced lenders
to make bad loans. I would like to see it.

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