President Obama, joined by Vice President Biden, announces billion in Recovery Act funding for high-speed rail projects that will provide faster, more energy-efficient travel between cities and create new jobs for American workers. The announcement came during a Town Hall meeting in Tampa, FL. January 28, 2010.
Chris Dodd does not want to talk about “individuals” responsible for this mortgage mess, why? Chris Dodd was instrumental in forcing banks and mortgage companies to provide High Risk loans to people who could not afford them. He also took no interest loans for those very same people. If Dodd wants “police on the streets” [...]
were rewarded for signing up loans, not for making sure they would be repaid when they were resold. When GW Bush entered office, his economist warned that loans to under-qualified borrowers created a risk for the entire financial system. In 2003, Treasury Secretary John Snow proposed oversight with strict controls over risk and capital reserves. [...]
The time is now, the choice is ours; do we want to go down the road to Socialism? Because the farther you get down that road, the harder it is to get back. It has always been easier to lose your freedom than to get it back, so let us not be so quick in [...]
Republicans Bush and McCain warned of bank troubles but Democrats wanted more “affordable housing” for people who couldn’t afford houses. People who made tens of millions running Fannie Mae are advisors to Obama who got the most campaign money from Fannie Mae. The Affirmative Action Economic Meltdown Hus on First Asian Week September 26, 2008 [...]
Homegrown, honest and committed are three ways to describe Ruben Wills. Disgusted by ineffective and selfish leadership, Ruben Wills is a candidate for the United States Congress, 6th District, which includes Jamaica, St. Albans, Hollis, Queens Village, Adesleigh Park, Cambria Heights, Far Rockaway, Richmond Hill, Ozone Park, South Ozone Park, Laurelton & Rosedale. Reared from [...]
So this crisis we find ourselves in has been a long time in coming, and some Democrats and Republicans should be held accountable. Those who caused this crisis by cooking fannie’s and freddie’s books should be investigated. Then they should go to jail. “The root cause of the problems we face can basically be summarized [...]
So this crisis we find ourselves in has been a long time in coming, and both Democrats and Republicans should be held accountable. Those who caused this crisis by cooking fannie’s and freddie’s books should be investigated. Then they should go to jail. “The root cause of the problems we face can basically be summarized [...]
Who’s behind the meltdown? Not McCain. This video was not made by me. All credit goes to TheMouthPiece. Replaced soundtrack with piano because original pulled down for WB song, it has Dodd saying that the root cause was just bad mortgages. Enjoy and spread the word. The Affirmative Action Economic Meltdown Hus on First Asian [...]
Who was in attendance when Fannie CEO Daniel Mudd called Black Congressional Caucus his Family? Were these the same politicians fighting regulation of Fannie and Freddie 3 years ago. Was providing extremely high-risk financing their constituents worth the risk of this financial melt down? Did their gamble/incompetence cost you your retirement? See my other clips [...]