Acorn/Obama Sued Citigroup To Give The Loans That Caused This Mess.


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.

Read more: http://www.liveleak.com/view?i=0d2_1223594831

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About a12iggymom

Conservative - Christian - Patriot
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