« previous next »
Pages: [1]   Go Down

Author Topic: Why Freepers are fools and should be drop-kicked from the electorate  (Read 2300 times)

0 Members and 1 Guest are viewing this topic.

Offline MrsSmith

  • Hero Member
  • *****
  • Posts: 5977
  • Reputation: +466/-54
Why Freepers are fools and should be drop-kicked from the electorate
« on: September 22, 2008, 08:40:45 PM »
Quote
Number23  (790 posts)      Mon Sep-22-08 09:16 PM
Original message
 
Why Freepers are fools and should be drop-kicked from the electorate
 Advertisements [?]I visit FR as often as my blood pressure can take. And while I'm sure that it will come as no surprise to anyone here that the Freepers are drinking gallons of coffee so that they can stay up late scouring the Internet for any and all ways to blame the Democrats for the recent financial collapse, this most recent theme they're on has taken the cake.

They are blaming the collapse of Wall Street on banks' extending lines of credit to -- you guessed it! -- minorities and the poor. The thread is located here and it is shameful.

According to them and I'm sure to many white conservatives, if banks had continued discriminating against minorities and the poor, we wouldn't be in the current mess that we are in. Forget the immoral and illegal predatory banking practices that targeted these groups; forget the massive bonuses paid to the executives whose motto was 'profits above all else'; and of course forget the proud Republican tradition of looking the other way while companies screw over regular folks in their never-ending quest for larger profits.

The Freepers look past all of that and come to their usual conclusion - it's the folks with melanin and without money who are causing all of the problems, not the ones who screwed them over. I freely admit that my math is mighty fuzzy and I am seriously estimating upwards, but even if 25% of the minorities in this country took loans worth $100,000 and were unable to pay them back at 10% interest, that would still come out to $8 billion dollars a year for the last 25 years, when the "relaxed" laws took effect. $8 billion over 25 years comes out to $320 million dollars a year... roughly what the top 10% of executives at ONE of these banks brings home in a damn year.

I am so damn sick of the racial scape-goating I could throw up. To these fools, there is no problem in this country that can't be blamed on blacks, Arabs and/or Hispanics. I've never been a Republican and never wanted to be, but I am starting to get to the point where I want them wiped off the face of this earth. (If my math is off, which I fully expect for it to be on at least some level, please be gentle in your explanation!!) Thanks for reading.
 
:rotf:

Man, I'm glad I'm not a Freeper.  Imagine thinking that loaning money to people with no money could possibly cause problems.   :o


 :rotf:

Quote
grannylib  (1000+ posts)       Mon Sep-22-08 09:27 PM
Response to Original message
5. Buchanan is saying now on Rachel that the crisis is "liberalism run amok" 
 because of the loans to minorities who couldn't pay them back and had no money down...it's liberalism! No conservative would EVER really loan money to minorities unless evil liberals FORCED them to do it!!

Holy f*@%in' sh*t.

 :o  Granny!!!!   :o :o

 :rotf:
Logged
.
.

Antifa - the only fascists in America today.

Offline Chris_

  • Little Lebowski Urban Achiever
  • Hero Member
  • *****
  • Posts: 46845
  • Reputation: +2028/-266
Re: Why Freepers are fools and should be drop-kicked from the electorate
« Reply #1 on: September 22, 2008, 08:44:22 PM »
Things will be better when the messia-uh gets his program set up and establishes loans to people with no money that they NEVER  have to pay back.

You know, like his cronies at Freddie Mac and in the Chicago political machine.
Logged
If you want to worship an orange pile of garbage with a reckless disregard for everything, get on down to Arbys & try our loaded curly fries.

Offline Chris_

  • Little Lebowski Urban Achiever
  • Hero Member
  • *****
  • Posts: 46845
  • Reputation: +2028/-266
Re: Why Freepers are fools and should be drop-kicked from the electorate
« Reply #2 on: September 23, 2008, 05:09:44 AM »
Quote
Number23  (790 posts)      Mon Sep-22-08 09:16 PM
Original message
 
Why Freepers are fools and should be drop-kicked from the electorate
 Advertisements [?]I visit FR as often as my blood pressure can take. And while I'm sure that it will come as no surprise to anyone here that the Freepers are drinking gallons of coffee so that they can stay up late scouring the Internet for any and all ways to blame the Democrats for the recent financial collapse, this most recent theme they're on has taken the cake.

They are blaming the collapse of Wall Street on banks' extending lines of credit to -- you guessed it! -- minorities and the poor. The thread is located here and it is shameful.

According to them and I'm sure to many white conservatives, if banks had continued discriminating against minorities and the poor, we wouldn't be in the current mess that we are in. Forget the immoral and illegal predatory banking practices that targeted these groups; forget the massive bonuses paid to the executives whose motto was 'profits above all else'; and of course forget the proud Republican tradition of looking the other way while companies screw over regular folks in their never-ending quest for larger profits.

The Freepers look past all of that and come to their usual conclusion - it's the folks with melanin and without money who are causing all of the problems, not the ones who screwed them over. I freely admit that my math is mighty fuzzy and I am seriously estimating upwards, but even if 25% of the minorities in this country took loans worth $100,000 and were unable to pay them back at 10% interest, that would still come out to $8 billion dollars a year for the last 25 years, when the "relaxed" laws took effect. $8 billion over 25 years comes out to $320 million dollars a year... roughly what the top 10% of executives at ONE of these banks brings home in a damn year.

I am so damn sick of the racial scape-goating I could throw up. To these fools, there is no problem in this country that can't be blamed on blacks, Arabs and/or Hispanics. I've never been a Republican and never wanted to be, but I am starting to get to the point where I want them wiped off the face of this earth. (If my math is off, which I fully expect for it to be on at least some level, please be gentle in your explanation!!) Thanks for reading.

DUmmies really are dumb asses aren't they.

"According to them and I'm sure to many white conservatives, if banks had continued discriminating against minorities and the poor, we wouldn't be in the current mess that we are in"

They weren't "discriminating" against minorities and the poor. They were using common sense. You see, if you lend money to someone in hopes of getting it back, your chances increases greatly if the borrower has the actual means to pay it back. That's simple common sense. But your team, the DemonRatics of the DemonRat Party, doesn't like the use of common sense. They fought and argued and eventually won. Yes. Your team won. By happy.

Isn't it amazing how almost every time your team wins America loses?
Logged
If you want to worship an orange pile of garbage with a reckless disregard for everything, get on down to Arbys & try our loaded curly fries.

Offline mamacags

  • Smells like teen spirit
  • Hero Member
  • *****
  • Posts: 4281
  • Reputation: +444/-113
  • Little Miss Cranky Pants
Re: Why Freepers are fools and should be drop-kicked from the electorate
« Reply #3 on: September 23, 2008, 06:38:32 AM »
In GrannyLib's defense, she is probably about 30 with 3 grandchildren. :-)
Logged
All the great things are simple, and many can be expressed in a single word: freedom, justice, honor, duty, mercy, hope.
Winston Churchill

Offline Chris_

  • Little Lebowski Urban Achiever
  • Hero Member
  • *****
  • Posts: 46845
  • Reputation: +2028/-266
Re: Why Freepers are fools and should be drop-kicked from the electorate
« Reply #4 on: September 23, 2008, 07:33:30 AM »
Quote from: mamacags on September 23, 2008, 06:38:32 AM
In GrannyLib's defense, she is probably about 30 with 3 grandchildren. :-)

From 6 fathers.
Logged
If you want to worship an orange pile of garbage with a reckless disregard for everything, get on down to Arbys & try our loaded curly fries.

Offline Wineslob

  • Hero Member
  • *****
  • Posts: 14480
  • Reputation: +816/-193
  • Sucking the life out of Liberty
Re: Why Freepers are fools and should be drop-kicked from the electorate
« Reply #5 on: September 23, 2008, 10:51:42 AM »
Hey DUmmies, you don't have to look any farther than good old Billy-Boy and the Dims to see who started this mess.
Logged
“The national budget must be balanced. The public debt must be reduced; the arrogance of the authorities must be moderated and controlled. Payments to foreign governments must be reduced, if the nation doesn't want to go bankrupt. People must again learn to work, instead of living on public assistance.”

        -- Marcus Tullius Cicero, 55 BC (106-43 BC)

The unobtainable is unknown at Zombo.com



"Practice random violence and senseless acts of brutality"

If you want a gender neutral bathroom, go pee in the forest.

Offline jukin

  • Hero Member
  • *****
  • Posts: 16220
  • Reputation: +2103/-170
Re: Why Freepers are fools and should be drop-kicked from the electorate
« Reply #6 on: September 23, 2008, 10:52:57 AM »
What can any sane person say about that racist rant?

It's the ability to pay a loan back that was forced out of the equation by the Carter and Clinton administrations that made 90% of this financial mess. When any additional oversight of Freddie Mae or Freddie Mac were suggested by Bush the democrats screamed...wait...you will never guess.... RACISM.  Just two years ago the fat fag on the banking committee said there was absolutely no problem with either outfit.  Then the waitress sandwich maker told us everything was great... right after he got a great home loan and received more lobby money than any senator.  No there are no democrat finger prints on this mess and it was all done on the racist views of liberals.

I'm getting really tired of any common sense being called racism and think the rest of the country is too.
Logged
When you are the beneficiary of someone’s kindness and generosity, it produces a sense of gratitude and community.

When you are the beneficiary of a policy that steals from someone and gives it to you in return for your vote, it produces a sense of entitlement and dependency.

Offline Airwolf

  • Hero Member
  • *****
  • Posts: 12154
  • Reputation: +909/-163
Re: Why Freepers are fools and should be drop-kicked from the electorate
« Reply #7 on: September 23, 2008, 02:05:25 PM »
Quote from: Wineslob on September 23, 2008, 10:51:42 AM
Hey DUmmies, you don't have to look any farther than good old Billy-Boy and the Dims to see who started this mess.

Actually it goes way back to Jimmy The Peanut. The never ending supply of malaise and useless ballsack of a foreign policy hack.
Logged
MOLON LABE

"Someday, when all your civilization and science are likewise swept away, your kind will pray for a man with a sword."-- Conan the Barbarian

Clint Eastwood - Because God wanted Chuck Norris to have nightmares.

"I am not a Number,I am a free man"

"He's my hero, you don't put away your heros, you honor them!"

Offline USA4ME

  • Evil Capitalist
  • Hero Member
  • *****
  • Posts: 14835
  • Reputation: +2476/-76
Re: Why Freepers are fools and should be drop-kicked from the electorate
« Reply #8 on: September 23, 2008, 07:09:30 PM »
There's a reason that on page 4 of a Fannie Mae/Freddie Mac application that the applicant is asked to identify their gender and their race.  And if the applicant refuses to do so, Fannie/Freddie requires the loan officer to "make their best guess."  In fact, this is the exact wording:

Quote from:
INFORMATION FOR GOVERNMENT MONITORING PURPOSES

The following information is requested by the Federal Government for certain types of loans related to a dwelling in order to monitor the lender's compliance with equal credit opportunity, fair housing and home mortgage disclosure laws.  You are not required to furnish this information, but are encouraged to do so.  The law provides that a lender may not discriminate either on the basis of this information, or on whether you choose to furnish it.  If you furnish the information, please provide both ethnicity and race.  For race, you may check more than one designation.  If you do not furnish ethnicity, race, or sex, under Federal regulations, this lender is required to note the information on the basis of visual observation and surname if you have made this application in person.  If you do not wish to furnish this information, please check the box below. (Lender must review the above material to assure that the disclosures satisfy all requirements to which the lender is subject under applicable state law for the particular type of loan applied for.)

On the surface, you might think fine and dandy, they want to make sure people and/or areas aren't being red-lined.  Problem is, as with most bureaucratic messes, it became quota driven.  I mentioned to you before that if a mortgage lender in my area had a minority applicant that was ineligible for a loan, it could become a scary deal.  You could be completely in the right and treating them like you did every other applicant (I'm in business to make money.  Why would I purposely turn anyone away who was eligible regardless of their race, ethnicity, or sex?  Their money is as green as anyone else's.), but all it would take is just one minority applicant who was turned down making a stink about it, and suddenly the publicity has your company labeled as discriminatory in the community.  Even if you went to court and it got thrown out or if you won, the PR you suffered could be a death blow.

So yeah, this whole thing became a ticking time-bomb.  By no means was this the whole problem, but it was just one more brick of the whole wall that eventually fell down.

.
Logged
Because third world peasant labor is a good thing.
Pages: [1]   Go Up
« previous next »