You don't want to listen Holly. This is a real crisis caused by real policies, but all you're interested in is politics and being right. I don't care. Jump willingly off a cliff. I don't know how old you are, but if you remember the pain of Jimmy Carter's Presidency, Obama may make it seem like a warm bath, by comparison.
On Oct 9, 10:18 pm, Hollywood <[EMAIL PROTECTED]> wrote: > Zeb, > > Point out where my logic is flawed. Where i told a lie, whatever. Be > my guest. > > On Oct 9, 9:14 pm, Zebnick <[EMAIL PROTECTED]> wrote: > > > > > You have absolutely no idea what you're taliking about Holly. > > > On Oct 9, 9:29 pm, Hollywood <[EMAIL PROTECTED]> wrote: > > > > d.b > > > > Let's take a closer look at this shall we? > > > > <<<CRE which was a factor in causing the economic crisis>>>> > > > > Quite possible. The problem was caused by many factors. How would a > > > reasonably objective and sane person arrive at a determination as to > > > how big a factor? > > > > <<<This stink means that the bank faces thousands of people closing > > > their accounts>>> > > > > Those people have no money. If they did they should have no problem > > > getting a home loan. How much money could poor people have in their > > > accounts? You think big corporations and wealthy people are going to > > > pull out big money in support of ACORN?Wouldn't losing a few small > > > accounts be better in the long run than being "forced" to make bad > > > loans? Why not defuse the "stink" by proving ACORN'S charges false? > > > > >>>Who is going to launch a big campaign to get the bank's reputation > > > >>>back?<<<< > > > > Uh, the banks themselves. Almost all have huge PR departments. They > > > spend fortunes doing such things already. You've never seen a bank > > > advertise? Why do you think God created ad agencies and PR firms? > > > > >>> Judge > > > > Castillo granted plantiffs motion to compel discovery of an ample > > > amount of defendant-banks loan application files.<<< > > > > And 12 days after the judge did that "the parties voluntarily > > > dismissed the case". > > > > NOW, your not the least bit curious as to what the defendant banks > > > didn't want "discovered" and made public so badly they were happy to > > > let themselves be "forced' to make loans they believed to be bad? > > > Could it be, just possibly, that they were guilty as charged and > > > didn't want THAT "discovered"? > > > > On Oct 9, 5:21 pm, "d.b.baker" <[EMAIL PROTECTED]> wrote: > > > > > [Q] - Do you remember how we told you that the Democ > > > > rats and groups associated with them leaned on banks and > > > > even sued to get them to make bad loans under the C > > > > ommunity Reinvestment Act which was a factor in c > > > > ausing the economic crisis (see HERE and HERE ) … well > > > > look at what some fellow bloggers have dug up whil > > > > e researching Obama’s legal career. Looks like a > > > > typical ACORN lawsuit to get banks to hand out bad l > > > > oans. > > > > > In these lawsuits, ACORN makes a bogus claim of > > > > Redlining (denying poor people loans because o > > > > f their ethnic heritage). They protest and get the lo > > > > cal media to raise a big stink. This stink means > > > > that the bank faces thousands of people closing > > > > their accounts and get local politicians to lo > > > > bby to stop the bank from doing some future busines > > > > s, expansions and mergers. If the bank goes to co > > > > urt, they will win, but the damage is already done be > > > > cause who is going to launch a big campaign to get > > > > the bank’s reputation back? > > > > > It is important to understand the nature of these l > > > > awsuits and what their purpose is. ACORN filed ton > > > > s of these lawsuits and ALL of them allege racis > > > > m. > > > > > Case Name > > > > Buycks-Roberson v. Citibank Fed. Sav. Bank Fair H > > > > ousing/Lending/Insurance > > > > Docket / Court 94 C 4094 ( N.D. Ill. ) FH-IL-0011 > > > > State/Territory Illinois > > > > Case Summary > > > > Plaintiffs filed their class action lawsuit on July > > > > 6, 1994, alleging that Citibank had engaged in redlining prac > > > > tices in the Chicago metropolitan area in violation o > > > > f the Equal Credit Opportunity Act (ECOA), 15 U.S.C. > > > > 1691; the Fair Housing Act, 42 U.S.C. 3601-3619; the Th > > > > irteenth Amendment to the U.S. Constitution; and 42 > > > > U.S.C. 1981, 1982. Plaintiffs alleged that the Defendant- > > > > bank rejected loan applications of minority applican > > > > ts while approving loan applications filed by white > > > > applicants with similar financial characteristics and > > > > credit histories. Plaintiffs sought injunctive > > > > relief, actual damages, and punitive damages. > > > > > U.S. District Court Judge Ruben Castillo certified the > > > > Plaintiffs’ suit as a class action on June 30, 1995. > > > > Buycks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. > > > > 322 (N.D. Ill. 1995). Also on June 30, Judge Castillo gran > > > > ted Plaintiffs’ motion to compel discovery of a s > > > > ample of Defendant-bank’s loan application files. Buyc > > > > ks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. 338 > > > > (N.D. Ill. 1995). > > > > > The parties voluntarily dismissed the case on May 12, > > > > 1998, pursuant to a settlement agreement. > > > > Plaintiff’s Lawyers.. [...] > > > > > Obama, Barack H. (Illinois) > > > > FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000 > > > > >http://www.mediacircus.com/2008/10/obama-sued-citibank-under-cra-to-f...quoted > > > > text - > > > > - Show quoted text -- Hide quoted text - > > > - Show quoted text -- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
