via Sloop: Free markets DO work – NOT markets YOU sue for violations of REGULATIONS YOU AND YOUR PARTY put in place – regulations that crashed the economy. ITS THE ROOT OF THE CRASH – NO LOANS CAN BE REPACKAGED THAT DO NOT EXIST! “WALL STREET” COULD NOT REPACKAGE THE LOANS WITHOUT DEMOCRATS CREATING THEM! The entire nation is up in arms AND DON’T EVEN ACKNOWLEDGE THE ROOT OF THE PROBLEM! Its amazing – an more than half the nation is in denial, a crash of this magnitude – and we bitch about the trivia surrounding repackaged loans – NOT WHY THE LOANS EXIST! I could NEVER understand how a nation coud elect a hitler – the mass denial – but now i have seen it first hand. The richest, most powerful country ever created – feeds the world – massive medical and technology inventions – but all they see is ‘unfair’ – so they are willing to deny the facts and destroy it – and replace it with GOVERNMENT THAT WE KNOW AND HAVE SEEN FAIL EVERY TIME! and that is what i fucking think…I couldn’t say it better so I stole your, minus a couple well place curses…lol
Do you remember how we told you that the Democrats and groups associated with them leaned on banks and even sued to get them to make bad loans under the Community Reinvestment Act which was a factor in causing the economic crisis (see HERE and HERE ) … well look at what some fellow bloggers have dug up while researching Obama’s legal career. Looks like a typical ACORN lawsuit to get banks to hand out bad loans.
In these lawsuits, ACORN makes a bogus claim of Redlining (denying poor people loans because of their ethnic heritage). They protest and get the local media to raise a big stink. This stink means that the bank faces thousands of people closing their accounts and get local politicians to lobby to stop the bank from doing some future business, expansions and mergers. If the bank goes to court, they will win, but the damage is already done because who is going to launch a big campaign to get the bank’s reputation back?
It is important to understand the nature of these lawsuits and what their purpose is. ACORN filed tons of these lawsuits and ALL of them allege racism.


