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Archive for the Category: Economy
NAACP, Blacks Forced Into Subprime Loans Though Qualified For Lower Interest Mortgages
The NAACP filed suit against two of the largest home mortgage companies claiming they have forced blacks into sub prime mortgages when they were well qualified for the same lower interest loans given to equally qualified whites…
Also posted in Race and Religion, U.S. Tagged Acorn, banks, Benjamin Jealous, blacks, CNN, democrats, foreclosures, HSBC, Kate Durham, lawsuits, Melissa Murray, NAACP, racism, sub prime, sub prime loans, Wells Fargo
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A.I.G. Received 170 Billion In Bailouts Ready To Hand Out Millions In Bonuses
American International Group (A.I.G.), which has received some $170 BILLION dollars in taxpayer funded bailout money announced it was preparing to dole out a whopping $165 million dollars in bonuses to the very same employees that were running the show for the company while it was performing it’s pre bailout financial meltdown…
Also posted in U.S. Tagged AIG, bailout money, bonuses, credit-default swaps, derivatives, Economy, Edward M. Liddy, Obama, subprime mortgages, taxpayers, Treasury Secretary Timothy Geithner
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Obama, Biden Scold States About How To Spend Bailout Money While Administration Clueless Where Bank TARP Funds Have Gone
Let me see if I can get this straight. Obama and his right hand dunce Joe Biden, two people who’s combined resumes reflective of their extensive executive backgrounds could easily fit on the side of one of those cheap promotional ink pens, have the audacity to warn states that accepted back some of the money they sent to Washington D.C. in the first place, that they had better not “waste” the funds? Meanwhile the Obama administration has no idea where billions of taxpayer dollars went in the banking bailouts…
Also posted in U.S. Tagged bailout, banks, Constitution, federal government, Joe Biden, legislation, obama administration, state bailout money, stimulus package, stimulus spending, taxpayers, tenth amendment, Washington D.C.
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One Of Those Greedy Filthy Rich Wall Street Republicans Explains How He Gamed The System For Fun And Huge Profits
So who is the greedy filthy rich Republican caught on tape describing how easy it was for him to manipulate the stock market? I don’t know but we do have Mr. Liberal himself, Jim Cramer, giving us a little walk through on how to have fun and play games with the market while making incredible amounts of easy money….
Since Obama Has Taken Office He And The Democrat Owned Congress Have Spent One Billion Dollars AN HOUR!
Republican Senate Leader Mitch McConnell sums the crazy spending spree up nicely when he points out Congress has spent a billion dollars a day since Obama was elected…
Also posted in U.S. Tagged House Speaker Nancy Pelosi, Mitch McConnell, omnibus bill, Republican Senate Leader, second stimulus package, Stimulus Bill, stimulus package
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Our Economy. Is Obama Just Stupid, Clueless, In Over His Head? Or Is His Approach A Well Orchestrated Plan Of Financial Destruction For The U.S.?
Our economy is swirling around the toilet bowl ready for the final flush and people are starting to believe the Obama administration is actually and deliberately pushing down on the handle. Now that we have seen President Barack Obama’s first-year legislative agenda, we know what kind of a war he intends to wage. Obama is giving us the War on Business…
Also posted in Obama And His Administration, U.S. Tagged Americans, codepink, communism, Constitution, democrats, globalism, liberals, Obama, Republicans, socialism
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Mr. Family Guy, aka Press Secretary Robert Gibbs Now Goes After CNBC's Jim Cramer
It’s amazing how everyone that has a legitimate beef with the Obama administration’s economic agenda immediately becomes marginalized and ridiculed during these White House press briefings. Gibbs has now taken to task CNBC’s Jim Cramer over comments he made concerning the direction of the economy under Obama’s leadership…
Also posted in U.S. Tagged CNBC, Economy, JIm Cramer, Mr. Family Guy, robert gibbs, stock market, White House press briefings
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Avowed Left Winger Jim Cramer Blasts Obama, “This Is The Greatest Wealth Destruction I’ve Seen By A President!"
CNBC’s Mad Money guy and unabashed Democrat Jim Cramer unloaded a couple barrels full of sarcastic verbal buckshot at Barack Hussein Obama’s economic policies this morning while being interviewed by renowned Obama jock washer extraordinaire Matt Lauer on the Today Show…
Also posted in U.S. Tagged CNBC, Economy, Erin Burnett, JIm Cramer, liberals, Mad Money, Matt Lauer, stimulus package, taxpayers, Today Show
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Is The So Called Foreclosure "Crisis" Simply Another Tool Being Used To Push Obama's Socialist Agenda?
We are being told that this country is in a “crisis” (Obama and his minion’s favorite word for the last six months) with all of these foreclosures yet the numbers say 92% of the mortgage holders in this country are being responsible and honoring the legal and binding contract they signed when they entered into an agreement to purchase property. That would leave 8% of people that signed on the dotted line that are, for whatever reason, not performing as they claimed they would at one time.
Also posted in U.S. Tagged Alisa Valdes Rodriguez, bailouts, banks, Economy, exotic mortgages, Federal Reserve, foreclosure, home loan re-default, home values, housing market, John Dugan, mortgage defaults, Mortgage relief, mortgages, negative equity, socialism, socialists, subprime mortgages, taxpayers
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ACORN Thugs Cut Padlocks Occupy Foreclosed Homes With Little Concern Over Legal Consequences
Fox News business journalist Stuart Varney, while a bit contentious with ACORN representative Bertha Lewis–clearly a top graduate of the Barack Hussein Obama School of Community Organizing–calls the criminal actions these ACORN thugs are doing as accurately as you will see anywhere in the lamestream media…
Also posted in U.S. Tagged Acorn, Bertha Lewis, community reinvestment act, foreclosures, Fox News, Stuart Varney, subprime mortgage
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