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1 posted on 09/29/2008 5:56:17 AM PDT by hecht
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To: hecht

bttt


2 posted on 09/29/2008 5:57:12 AM PDT by Mrs. Don-o ("Every system is perfectly designed to get the results it gets." - Isaac Asimov)
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To: hecht

bttt


3 posted on 09/29/2008 5:59:42 AM PDT by Nascar Dad (Nobama!)
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To: hecht

So that’s what a community organizer does!


4 posted on 09/29/2008 6:01:07 AM PDT by jersey117
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To: hecht

Good article. This is also very good.

September 28, 2008
Barack Obama and the Strategy of Manufactured Crisis
http://www.americanthinker.com/2008/09/barack_obama_and_the_strategy.html


5 posted on 09/29/2008 6:05:03 AM PDT by listenhillary (Community organizing has brought Wall Street to it's knees.That WAS the plan, right?)
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To: hecht
Sources point to Obama as a possible starting point to the domino affect that lead to the housing crises we are now facing.  Check the provided links and judge for yourself.

In a 1995 case known as Buycks-Roberson v. Citibank, Obama and his fellow attorneys charged that Citibank was making too few loans to black applicants and won the case.  As one commentator noted in May 2008, legal "successes" such as this were probably responsible for the sub-prime mortgage crisis of 2007 AND 2008.  That is, banks were not loaning to blacks whose credit was poor. When the law forced them to lend money anyway, the inevitable collapse occurred."

Buycks-Roberson v. Citibank Fed. Sav. Bank
 
Obama’s Early Legal Career: Heavy on Advocacy for Blacks
 
A trillion here, a trillion there, pretty soon we're talking about real money

Obama was a key player in the lawsuit that started the government on a course of forcing lenders to give more loans to those who had poor credit.  Lending companies were forced to come up with imaginative ways of fulfilling the quotas that were required.  Sub-prime lending was born as a result.  The mortgage crises was forecast by many who were able to look beyond the quota.

The Obama File


6 posted on 09/29/2008 6:13:34 AM PDT by Beckwith ('Typical White Person')
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To: hecht

bttt


7 posted on 09/29/2008 8:28:33 AM PDT by HighlyOpinionated (Democrats are a Greedy Lot and Dodd & Obama are their leaders. WRITE THEM.)
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To: hecht

Do we know who tried to slip ACORN funding into the bailout? That would be a key item to “splain” to the American people.


8 posted on 09/29/2008 9:18:47 AM PDT by sappy
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