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2016 Postmortem
Related: About this forumWas Hillary blaming the Home owners in a defense of Bill's legacy
<iframe width="560" height="315" src="
" frameborder="0" allowfullscreen></iframe>She never even mentioned the additional Deregulation on Home loans during Bush's "Ownership Society"
WTF
But as an ADDED Bonus : Look at Bernie have to look downward to hide his laughter when Hillary says "I told them to Cut It Out"
Just Classic ...
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Was Hillary blaming the Home owners in a defense of Bill's legacy (Original Post)
FreakinDJ
Mar 2016
OP
She's adroit at liquid reasoning , another thing that scares me about her .
orpupilofnature57
Mar 2016
#2
Blame the superpredator home owners who weren't brought to heel? Cut it out?
appalachiablue
Mar 2016
#3
Because the rest of the story doesn't make Hillary look like the hater of the homeowner
jmowreader
Mar 2016
#12
There are lots of weasels on this board even ORKIN.com can't kill them off.....
Historic NY
Mar 2016
#10
Skwmom
(12,685 posts)1. No. It's how she views the world. n/t
orpupilofnature57
(15,472 posts)2. She's adroit at liquid reasoning , another thing that scares me about her .
appalachiablue
(41,131 posts)3. Blame the superpredator home owners who weren't brought to heel? Cut it out?
itsrobert
(14,157 posts)4. Looks like a quick snippet. What's the rest of story?
Why be so deceptive?
jmowreader
(50,557 posts)12. Because the rest of the story doesn't make Hillary look like the hater of the homeowner
itsrobert
(14,157 posts)6. Full video - As expected you posted a deceptive video snippet
It's a shame some people are stooping to being deceptive.
Now, who's exactly to blame for the housing crisis? Well, that's always a question that the press and people ask and I think there's plenty of blame to go around.
Responsibility belongs to mortgage lenders and brokers, who irresponsibly lowered underwriting standards, pushed risky mortgages, and hid the details in the fine print.
Responsibility belongs to the Administration and to regulators, who failed to provide adequate oversight, and who failed to respond to the chorus of reports that millions of families were being taken advantage of.
Responsibility belongs to the rating agencies, who woefully underestimated the risks involved in mortgage securities.
And certainly borrowers share responsibility as well. Homebuyers who paid extra fees to avoid documenting their income should have known they were getting in over their heads. Speculators who were busy buying two, three, four houses to sell for a quick buck don't deserve our sympathy.
But finally, responsibility also belongs to Wall Street, which not only enabled but often encouraged reckless mortgage lending. Mortgage lenders didn't have balance sheets big enough to write millions of loans on their own. So Wall Street originated and packaged the loans that common sense warned might very well have ended in collapse and foreclosure. Some people might say Wall Street only helped to distribute risk. I believe Wall Street shifted risk away from people who knew what was going on onto the people who did not.
Wall Street may not have created the foreclosure crisis, but Wall Street certainly had a hand in making it worse.
http://www.presidency.ucsb.edu/ws/index.php?pid=77081
George II
(67,782 posts)7. A TWENTY SIX SECOND snippet of mixed videos?
jmowreader
(50,557 posts)8. Well yeah, she's absolutely right
For fuck's sake people, if you're earning $30,000 a year and someone's trying to sell you a $500,000 house, you should KNOW you're going to be out on the street when the "interest only" part of your mortgage ends!
Historic NY
(37,449 posts)11. Forest Gump said something about this....
"Stupid is as stupid does"
itsrobert
(14,157 posts)9. Kicking to show the DECEPTION OF THE BERNIE CAMPAIGN
Sickening.
Historic NY
(37,449 posts)10. There are lots of weasels on this board even ORKIN.com can't kill them off.....
March 15th is coming.....the purge isn't so far behind.