It reminds me of my hermit crabs, cra(w/y)fishes, etc.

Everyone should listen to Blankfist.

Because Ron Paul, who is to this day against the CRA, thinks that rewarding corporations as opposed to citizens, is the #1 Amercan-ist thing ever!!!

Blankfist = fucking failure.

Oh hush. If the title length wasn't limited, I would've changed it to: Rapper Perform's at Micro'soft 'Store: Break's 'Shit, Act's Cra'zy.

Yeah, the ' before the z is what would've really set it all off.>> ^shuac:

Why don't you put apostrophes on the other words that end in 's'? Why only "Acts"? None are required of any of these words, of course, but I'm just curious as to the thought process. For instance, why isn't it Knive's Out? I want to learn!

I remember when my pet cra(w/f)ishes and hermit crabs molted. I thought they were dead!

The thumbnail image for this video has been updated - thumbnail added by oritteropo.

>> ^PlayhousePals:

>> ^ant:
>> ^PlayhousePals:
>> ^ant:
>> ^PlayhousePals:
My cats want! =oO

And not you?

Hell to the no =o/

What about RC ants?

I'm not interested in creepy crawly ... what else ya got? =o)


Aww, I am not creepy crawly! Um, that's it. I used to have cra(y/w)fish, fish, hermit crabs, tadpole -> frog, etc. as a kid/child/callow ant.

@quantummushroom

your argument falls on it's face.
if the CRA was forcing banks to make loans to minorities, why were they making liars loans and other fraudlent loans? There was no forcing, just greed.

To clarify, I'm not expressing support for Goldman or their quickly becoming a commercial bank, etc. What I was commenting on was the implication on the part of the reporter that GS was using TARP money to discriminate (10:40 or so). The CRA requirement is driven by their becoming a commercial bank, not directly because they took (and repaid) TARP money. That's all.

As a kid, I used to keep freshwater fishes like Bettas, goldfishes, tropical (Angel), tiny frog (from a tadpole), cra(w/y)fishes, etc. I probably have old photographs/photos. buried somewhere from the 1980s/80s. I used bowls, hexagon tanks (small and huge), etc.

The thumbnail image for this video has been updated - thumbnail added by ZappaDanMan.

It tastes like cra[beep]ap.

So, I take it you would have voted against the CRA '64, also?
>> ^bobknight33:

NetRunner,
Why is it wrong for private businesses to discriminate on the basis of race?

How DO Fannie Mae and Freddie Mac figure into this crisis? And ACORN? And the CRA?

Unmentioned at the "Turning Point" in the video.

"Fannie Mae and Freddie Mac started buying sub prime loans. Previously there was a much smaller market for sub prime mortgages, but with Fannie and Freddie buying the paper the availability of sub prime loans skyrocketed. With time-tested lending practices out the window, these two institutions ended up controlling 90% of the secondary market for mortgages. Those within the organizations who raised objections to the irresponsible lending being encouraged by Fannie and Freddie were overruled and eased out.

"Fannie and Freddy began hiring Democratic operatives as CEO’s and upper management. At the same time, Fannie and Freddie began making huge contributors to Congress, spending millions to influence votes. While some Republicans also received financial contributions from the two institutions, most of the money went to Democrats. Top recipients of those campaign contributions were Barney Frank and Chris Dodd, the Chairmen of the Committees that should have been providing over site of the two financial giants. Barack Obama and Hillary Clinton were also among the top receipts of Fannie and Freddy campaign contributions.

"Wall Street investors liked the new arrangement and the easy money. Democrats liked the votes they could garner by being the party that advanced homeownership and they liked the dependable source of campaign contributions. This was the “crony capitalism” that led to the crisis."

The "Community Reinvestment Act" was another Jimmeh Carter abortion, strengthened in the 1990s by Clinton. Poor people deserve to live in the same houses as their more well-off neighbors. It's only fair.

ACORN and the Clinton "Justice" Department did threaten banks to keep making bad loans. In a 1992 New York Times article, ACORN’s longtime housing leader, Michael Shea, admitted that banks would not have adopted ultimately harmful policies “if there was no community pressure and the law,” but that those factors made “a lot of bankers see it’s in their self-interest.”

The irony is that liberals claim to hate greed, yet their one-size-fits-all socialism created artificial market conditions that encouraged greed.

They forgot to mention how this was all directly caused by the CRA and Fannie and Freddie, and irresponsible homebuyers.

And ACORN.

>> ^jake:
Upvoting this because I agree that this is the primary cause for the subprime crisis.
It is ironic that people are proposing more regulation to correct this.
It seems to me, however, that this video tries to place blame in a very skewed way, especially given this comment from the CRA wikipedia article:
"In 2003, the Bush Administration recommended what the NY Times called "the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago." [10] This change was to move governmental supervision of two of the primary agents guaranteeing subprime loans, Fannie Mae and Freddie Mac under a new agency created within the Department of the Treasury."
Isn't this exactly what the bill is going to achieve, along with a ton of other affected lenders?
The 2003 act didn't pass because there was no crisis then, so where does that leave us? Is it possible that the Bush administration knew what was going on from the outset, or did they have other intentions? Why would a pro "free market" republican administration want to regulate mortgage lenders in the first place?


I think I see what you're saying. The Bush-proposed agency was just more regulation of the economy? Well, that's true, but what they were attempting to do is regulate the regulations. They wanted to make sure Fannie and Freddie were maintaining some kind of integrity, which they obviously weren't. What they ought to have done is allowed the All-Powerful All-Knowing Free Market to do its thing.

What really chaps my hide is that in the VP debate Biden blamed McCain's deregulation policies for the crisis, and Palin didn't say A WORD to the contrary. Probably because she has no idea how the economy functions.

Why couldn't we have nominated some decent candidates? Does anyone want to hop into my time-machine with me?