THE SINS OF THE DEMS FIND THEM OUT

TODAY BARNEY ASKED FREDDIE MAC/FANNIE MAE TO LIGHTEN UP THEIR LENDING PRACTICES!!!

IS HE RETARDED? DOES HE SMELL A RECOVERY AND IS EARNESTLY TRYING TO RE-TANK THE ECONOMY? HOW CAN A GUY BE THIS STUPID, THIS PUBLICALLY, AND CONTINUE TO BE RE-ELECTED??  COMMENT PLEASE, HELP ME UNDERSTAND HOW THIS GUY IS STILL DEFILING MY SCREEN!

Essentially, Barney Frank and Anthony Weiner have written a letter to Fannie Mae and Freddie Mac concerning their condominium lending policies, which the two democratic lawmakers feel are too restrictive, but which the rest of us basic economics folks just see as common sense.  The issue in broad sweeps?  The lending insurers won’t guarantee mortgages on condos in buildings where fewer than 70 percent of the units have been sold.  Makes, sense, right?  After all, shouldn’t the investors building the condos plan on doing so with a market base price that most people will be able to afford with traditional financing, not the 5o percent like they used to do?  But no, Frank and Co. wants the economy to continue to tank with huge risky commercial REITS(real estate investment trusts) going under, so they are strong arming Fannie and Freddie, MUCH LIKE THEY DID IN 2004!  Watch below, and comment at will, let ‘er rip, fly, you name it…

FIRST watch this video, where the DEMS try to cover up their bumbling idiocracy back in a 2004 forum hearing.  Listen to the DEMS say again and again with such smarmy fury to the Republicans “there’s nothing wrong with this system”, “Barney Frank is a genius”.  THIS VIDEO WILL KNOCK YOUR FRIGGIN’ SOCKS OFF, but keep them on because you’ll need them for the next video!

NOW…when you watch Nancy Pelosi, make sure you having nothing heavy and hard to throw at the television because you will certainly damage your nice new flatscreen. Mine is currently floating down the river….

Advertisements

~ by Bill Newman on June 25, 2009.

3 Responses to “THE SINS OF THE DEMS FIND THEM OUT”

  1. Unfreakin believable! Regulations only when the dems get caught? This would make a great RNC commercial during the elections but at this point I am not sure there are any worthy of election. Sad days for America as we know it.

    • It’s unbelievable, yet still ABC, NBC, NYT help Obama and Frank continually allude to the current crisis as an “inherited” one. Not only is a crisis they are currently re-inventing, they originated it, in-spite of Republican protest, as we see here!

  2. Dude, Amen! Keep up the good work. Thank god for sites like this and the many more the media cant’ censor.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: