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	<title>Comments on: New Study Confirms Economy Was Destroyed by Dem Policies</title>
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		<title>By: Jack</title>
		<link>http://www.frontpagemag.com/2013/robert-moon/new-study-confirms-economy-was-destroyed-by-democrat-policies/comment-page-1/#comment-4454347</link>
		<dc:creator><![CDATA[Jack]]></dc:creator>
		<pubDate>Sun, 07 Apr 2013 15:19:23 +0000</pubDate>
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		<description><![CDATA[I heard that same thing and thought....damn, that&#039;s got be a lie.   Then I did a bit of checking and found it to be true.   Just a bit part of obama&#039;s dreams of his father to destroy the US. ]]></description>
		<content:encoded><![CDATA[<p>I heard that same thing and thought&#8230;.damn, that&#039;s got be a lie.   Then I did a bit of checking and found it to be true.   Just a bit part of obama&#039;s dreams of his father to destroy the US. </p>
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		<title>By: Viet Vet</title>
		<link>http://www.frontpagemag.com/2013/robert-moon/new-study-confirms-economy-was-destroyed-by-democrat-policies/comment-page-1/#comment-4451188</link>
		<dc:creator><![CDATA[Viet Vet]]></dc:creator>
		<pubDate>Sat, 06 Apr 2013 16:31:03 +0000</pubDate>
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		<description><![CDATA[If you would have carefully read the Piece and the comments you would have then known that Klinton by way of his HUD Secty Andrew Cuomo and AG Janet Reno put Karter&#039;s CRA on steroids, and the force and threat of the federal government behind it.  Banks had continued to practice good feduciary standards and for the most part had ignored the CRA, until Klinton forced them to go along with the program.  Obummer&#039;s ACORN, flooded the lobbies of Banks in order to force banks to comply.  The democraps forced this on the lending industry with charges of &#039;discriminatory lending&#039;.  When it all blew up in 2008, knowing it was they who had forced the subprime lending fiasco, they began to blame the banks for &#039;predatory lending&#039;.  Then they dreamed up &#039;derivatives&#039;, which was a method the banks had used (was left open to them) in order to try to recoup some of their losses. ]]></description>
		<content:encoded><![CDATA[<p>If you would have carefully read the Piece and the comments you would have then known that Klinton by way of his HUD Secty Andrew Cuomo and AG Janet Reno put Karter&#039;s CRA on steroids, and the force and threat of the federal government behind it.  Banks had continued to practice good feduciary standards and for the most part had ignored the CRA, until Klinton forced them to go along with the program.  Obummer&#039;s ACORN, flooded the lobbies of Banks in order to force banks to comply.  The democraps forced this on the lending industry with charges of &#039;discriminatory lending&#039;.  When it all blew up in 2008, knowing it was they who had forced the subprime lending fiasco, they began to blame the banks for &#039;predatory lending&#039;.  Then they dreamed up &#039;derivatives&#039;, which was a method the banks had used (was left open to them) in order to try to recoup some of their losses. </p>
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		<title>By: Edward Koestner</title>
		<link>http://www.frontpagemag.com/2013/robert-moon/new-study-confirms-economy-was-destroyed-by-democrat-policies/comment-page-1/#comment-4450866</link>
		<dc:creator><![CDATA[Edward Koestner]]></dc:creator>
		<pubDate>Sat, 06 Apr 2013 14:27:54 +0000</pubDate>
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		<description><![CDATA[It is more than bad Dem policies that are destroying the economy.   
 
Economy is based on people, and people&#039;s behavior. So, there&#039;s a moral foundation to economy. 
 
If we don&#8217;t reign in our culture of unrestraint, we will crash. Stcokman used words frenetic fiscal policy, which reminds me of the new book Return to Order: From a Frenzied Economy to An Organic Christian Society by John Horvat II.  
 
After 20 years of research, Horvat coins the terms &#8220;frenetic intemeperance&#8221; to describe the deeper moral cause of our economic meltdown.  
 
What&#8217;s Really Wrong With Our Economy? 
   &lt;a href=&quot;http://www.returntoorder.org/2013/02/whats-really-wrong-with-our-economy/&quot; rel=&quot;nofollow&quot;&gt;http://www.returntoorder.org/2013/02/whats-really...&lt;/a&gt; 
 ]]></description>
		<content:encoded><![CDATA[<p>It is more than bad Dem policies that are destroying the economy.   </p>
<p>Economy is based on people, and people&#039;s behavior. So, there&#039;s a moral foundation to economy. </p>
<p>If we don&rsquo;t reign in our culture of unrestraint, we will crash. Stcokman used words frenetic fiscal policy, which reminds me of the new book Return to Order: From a Frenzied Economy to An Organic Christian Society by John Horvat II.  </p>
<p>After 20 years of research, Horvat coins the terms &ldquo;frenetic intemeperance&rdquo; to describe the deeper moral cause of our economic meltdown.  </p>
<p>What&rsquo;s Really Wrong With Our Economy?<br />
   <a href="http://www.returntoorder.org/2013/02/whats-really-wrong-with-our-economy/" rel="nofollow"></a><a href="http://www.returntoorder.org/2013/02/whats-really" rel="nofollow">http://www.returntoorder.org/2013/02/whats-really</a>&#8230; </p>
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		<title>By: luckyfreeman</title>
		<link>http://www.frontpagemag.com/2013/robert-moon/new-study-confirms-economy-was-destroyed-by-democrat-policies/comment-page-1/#comment-4450592</link>
		<dc:creator><![CDATA[luckyfreeman]]></dc:creator>
		<pubDate>Sat, 06 Apr 2013 12:40:21 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=184190#comment-4450592</guid>
		<description><![CDATA[Eggzactly ]]></description>
		<content:encoded><![CDATA[<p>Eggzactly </p>
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		<title>By: Fred Glass</title>
		<link>http://www.frontpagemag.com/2013/robert-moon/new-study-confirms-economy-was-destroyed-by-democrat-policies/comment-page-1/#comment-4449377</link>
		<dc:creator><![CDATA[Fred Glass]]></dc:creator>
		<pubDate>Sat, 06 Apr 2013 04:55:38 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=184190#comment-4449377</guid>
		<description><![CDATA[ The Community &amp; Reinvestment Act was enacted in 1977, 25 years before the beginning of the sub-prime bubble.   Why did the CRA take so long to create the bubble?   Were there other factors that caused the financial collapse in 2008?   Such as for one example that 40% of all business profits in 2007 were coming from the financial sector.   The historical percentage was less than 10%.   So, to maintain its spectacular growth the financial sector eagerly participated in subprime mortgages.   Another example: the securitization of mortgages that made sub-primes possible was a terribly flawed idea.   
With simplistic articles like this,  conservatives will continue to be losers.   ]]></description>
		<content:encoded><![CDATA[<p> The Community &amp; Reinvestment Act was enacted in 1977, 25 years before the beginning of the sub-prime bubble.   Why did the CRA take so long to create the bubble?   Were there other factors that caused the financial collapse in 2008?   Such as for one example that 40% of all business profits in 2007 were coming from the financial sector.   The historical percentage was less than 10%.   So, to maintain its spectacular growth the financial sector eagerly participated in subprime mortgages.   Another example: the securitization of mortgages that made sub-primes possible was a terribly flawed idea.<br />
With simplistic articles like this,  conservatives will continue to be losers.   </p>
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		<title>By: cynthia curran</title>
		<link>http://www.frontpagemag.com/2013/robert-moon/new-study-confirms-economy-was-destroyed-by-democrat-policies/comment-page-1/#comment-4448907</link>
		<dc:creator><![CDATA[cynthia curran]]></dc:creator>
		<pubDate>Sat, 06 Apr 2013 02:05:56 +0000</pubDate>
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		<description><![CDATA[Lending laws vary from state to state its harder to get a home loan in Texas than California. In lending money out to people without the proper income it was easier in California than Texas since I think during Richardson governorship Texas adopted a tougher lending law. ]]></description>
		<content:encoded><![CDATA[<p>Lending laws vary from state to state its harder to get a home loan in Texas than California. In lending money out to people without the proper income it was easier in California than Texas since I think during Richardson governorship Texas adopted a tougher lending law. </p>
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		<title>By: genemichael</title>
		<link>http://www.frontpagemag.com/2013/robert-moon/new-study-confirms-economy-was-destroyed-by-democrat-policies/comment-page-1/#comment-4446696</link>
		<dc:creator><![CDATA[genemichael]]></dc:creator>
		<pubDate>Fri, 05 Apr 2013 10:11:10 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=184190#comment-4446696</guid>
		<description><![CDATA[.I find it terribly misleading to link the &quot;study&quot;, and really link a different article putting it&#039;s spin on the study, and not really linking the actual study for us to be able to look at the study and either come to the same conclusion or not.  To quote a clearly editorial article as your source for what you are presenting as a factual accounting of the study is outside responsible journalism.  
  
I guess that is the point.  This site is trying to present itself as journalism, when really it is just editorial commentary.  That is scary and wrong.  Tell the people what you are, don&#039;t pretend to be a true journalist. ]]></description>
		<content:encoded><![CDATA[<p>.I find it terribly misleading to link the &quot;study&quot;, and really link a different article putting it&#039;s spin on the study, and not really linking the actual study for us to be able to look at the study and either come to the same conclusion or not.  To quote a clearly editorial article as your source for what you are presenting as a factual accounting of the study is outside responsible journalism.  </p>
<p>I guess that is the point.  This site is trying to present itself as journalism, when really it is just editorial commentary.  That is scary and wrong.  Tell the people what you are, don&#039;t pretend to be a true journalist. </p>
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		<title>By: objectivefactsmatter</title>
		<link>http://www.frontpagemag.com/2013/robert-moon/new-study-confirms-economy-was-destroyed-by-democrat-policies/comment-page-1/#comment-4446545</link>
		<dc:creator><![CDATA[objectivefactsmatter]]></dc:creator>
		<pubDate>Fri, 05 Apr 2013 08:56:10 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=184190#comment-4446545</guid>
		<description><![CDATA[&quot;That caused the housing bubble and when it burst in 2008, knowing their culpability, they turned on a dime and began to charge, &#039;predatory lending&#039;.&quot; 
 
 
Amazing stuff. These people are world-class prostitutes. ]]></description>
		<content:encoded><![CDATA[<p>&quot;That caused the housing bubble and when it burst in 2008, knowing their culpability, they turned on a dime and began to charge, &#039;predatory lending&#039;.&quot; </p>
<p>Amazing stuff. These people are world-class prostitutes. </p>
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		<title>By: Drakken</title>
		<link>http://www.frontpagemag.com/2013/robert-moon/new-study-confirms-economy-was-destroyed-by-democrat-policies/comment-page-1/#comment-4445788</link>
		<dc:creator><![CDATA[Drakken]]></dc:creator>
		<pubDate>Fri, 05 Apr 2013 03:42:58 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=184190#comment-4445788</guid>
		<description><![CDATA[It is way too late to save the whole rotten mess, an economic meltdown is coming that is going to make the great depression seem like a walk in the park, add to this you have ethnic/religious strife to add to the boiling pot. There will be blood and lots of it and no one will be immune. Hopefully there will be a few of the industrious to start over. ]]></description>
		<content:encoded><![CDATA[<p>It is way too late to save the whole rotten mess, an economic meltdown is coming that is going to make the great depression seem like a walk in the park, add to this you have ethnic/religious strife to add to the boiling pot. There will be blood and lots of it and no one will be immune. Hopefully there will be a few of the industrious to start over. </p>
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		<title>By: Viet Vet</title>
		<link>http://www.frontpagemag.com/2013/robert-moon/new-study-confirms-economy-was-destroyed-by-democrat-policies/comment-page-1/#comment-4445658</link>
		<dc:creator><![CDATA[Viet Vet]]></dc:creator>
		<pubDate>Fri, 05 Apr 2013 02:44:24 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=184190#comment-4445658</guid>
		<description><![CDATA[LOL@Spitzer&#039;s being your &quot;credible&quot; witness, it might as well have been Cuomo himself.  In my post, I mentioned how the democrappers went from charges of &#039;discriminatory lending&#039; as they forced subprime lending down the banking industries throat (ACORN was also involved in this), to &#039;predatory lending&#039; as the fiasco unfolded.  The regulators were on the job, but their warnings and republican efforts were thwarted.  There was NO predatory lending crisis.  The whole notion of &#039;predatory lending&#039; is a democrap CYA, as your post illustrates.  Spitzer, writing in the leftwing Wash Compost, was doing his part in pushing the CYA.  The overwhelming evidence, including video evidence, supports the effort Mr Bush and republican lawmakers, including John McCain, exerted in trying to head off the economic disaster.  It certainly isn&#039;t the first, or second time, political correctness, affirmative action and the race card, have screwed this nation up.    
 
The seminal work has been done on this fiasco: Reckless Endangerment, by NY Slimes business editor, Gretchen Morgenson. ]]></description>
		<content:encoded><![CDATA[<p>LOL@Spitzer&#039;s being your &quot;credible&quot; witness, it might as well have been Cuomo himself.  In my post, I mentioned how the democrappers went from charges of &#039;discriminatory lending&#039; as they forced subprime lending down the banking industries throat (ACORN was also involved in this), to &#039;predatory lending&#039; as the fiasco unfolded.  The regulators were on the job, but their warnings and republican efforts were thwarted.  There was NO predatory lending crisis.  The whole notion of &#039;predatory lending&#039; is a democrap CYA, as your post illustrates.  Spitzer, writing in the leftwing Wash Compost, was doing his part in pushing the CYA.  The overwhelming evidence, including video evidence, supports the effort Mr Bush and republican lawmakers, including John McCain, exerted in trying to head off the economic disaster.  It certainly isn&#039;t the first, or second time, political correctness, affirmative action and the race card, have screwed this nation up.    </p>
<p>The seminal work has been done on this fiasco: Reckless Endangerment, by NY Slimes business editor, Gretchen Morgenson. </p>
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		<title>By: Carl Stoll</title>
		<link>http://www.frontpagemag.com/2013/robert-moon/new-study-confirms-economy-was-destroyed-by-democrat-policies/comment-page-1/#comment-4444951</link>
		<dc:creator><![CDATA[Carl Stoll]]></dc:creator>
		<pubDate>Thu, 04 Apr 2013 21:52:54 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=184190#comment-4444951</guid>
		<description><![CDATA[&#8220;New Study Confirms Economy Was Destroyed by Dem Policies&#8221; 
Nonsense, it says nothing of the sort.  
I just got through reading it on the site of the National Bureau for Economic Research (NBER). I had trouble finding it because for some reason, none of the articles published on this subject mentioned its URL or the names of the study or its authors. I shall now disclose the URL so that nobody pulls a fast one on us: &lt;a href=&quot;http://www.nber.org/papers/w18609&quot; rel=&quot;nofollow&quot;&gt;http://www.nber.org/papers/w18609&lt;/a&gt; 
Firstly, practically all economic crises have multiple causes. The only exceptions are economic crises caused by wars or natural disasters.  
Accordingly any sentence beginning with &#8220;Economy Was Destroyed by &#8230;&#8221; must end with either the name of a war, or a natural disaster, or several endogenous economic causes.  
I grant that the study proves that the CRA was indeed ONE of the causes of the subprime mortgage crisis. But it does not quantify the CRA&#8217;s effect. Nor does it even pose the question of what OTHER causes may have contributed to the crisis, let alone pinpoint the CRA as its principal cause.  
I have seen persuasive evidence that deregulation indeed played a major role in bringing on the crisis. See 5 disastrous decisions that got us into this economic mess, by Joseph Stiglitz,   &lt;a href=&quot;http://www.alternet.org/story/111709/&quot; rel=&quot;nofollow&quot;&gt;http://www.alternet.org/story/111709/&lt;/a&gt; 
Moreover causes interact with each other. A given event, enactment of the CRA, for example, can foster conditions likely to lead to a crisis. But the actual occurrence of the crisis can usually be averted by timely government action, unless the cause is impervious to government action, like a huge balance of payments deficit, for example. If government fails to act promptly, the crisis breaks out in all its fury. However in that case the cause can just as fairly be called &#8220;government inaction&#8221; as &#8220; CRA&#8221;.  
This is what happened in the years leading up to the 2008 financial crisis. The federal government signally failed to act. One aspect of this failure was described by the then Governor of New York, Elliott Spitzer, who wrote in the Washington Post that  
&#8220;In 2003, during the height of the predatory lending crisis, &#8230; [n]ot only did the Bush administration do nothing to protect consumers, it embarked on an aggressive and unprecedented campaign to prevent states from &#8230; enforcing any of their own consumer protection laws against national banks.&#8221;  
Predatory lenders&#8217; partner in crime, How the Bush administration stopped the states from stepping in to help consumers, by Eliot Spitzer, The Washington Post, February 14, 2008.   &lt;a href=&quot;http://www.washingtonpost.com/wp-dyn/content/article/2008/02/13/AR2008021302783.html&quot; rel=&quot;nofollow&quot;&gt;http://www.washingtonpost.com/wp-dyn/content/arti...&lt;/a&gt; 
Spitzer spilled the beans too soon. He soon lost his job as a result.  
 ]]></description>
		<content:encoded><![CDATA[<p>&ldquo;New Study Confirms Economy Was Destroyed by Dem Policies&rdquo;<br />
Nonsense, it says nothing of the sort.<br />
I just got through reading it on the site of the National Bureau for Economic Research (NBER). I had trouble finding it because for some reason, none of the articles published on this subject mentioned its URL or the names of the study or its authors. I shall now disclose the URL so that nobody pulls a fast one on us: <a href="http://www.nber.org/papers/w18609" rel="nofollow">http://www.nber.org/papers/w18609</a><br />
Firstly, practically all economic crises have multiple causes. The only exceptions are economic crises caused by wars or natural disasters.<br />
Accordingly any sentence beginning with &ldquo;Economy Was Destroyed by &hellip;&rdquo; must end with either the name of a war, or a natural disaster, or several endogenous economic causes.<br />
I grant that the study proves that the CRA was indeed ONE of the causes of the subprime mortgage crisis. But it does not quantify the CRA&rsquo;s effect. Nor does it even pose the question of what OTHER causes may have contributed to the crisis, let alone pinpoint the CRA as its principal cause.<br />
I have seen persuasive evidence that deregulation indeed played a major role in bringing on the crisis. See 5 disastrous decisions that got us into this economic mess, by Joseph Stiglitz,   <a href="http://www.alternet.org/story/111709/" rel="nofollow">http://www.alternet.org/story/111709/</a><br />
Moreover causes interact with each other. A given event, enactment of the CRA, for example, can foster conditions likely to lead to a crisis. But the actual occurrence of the crisis can usually be averted by timely government action, unless the cause is impervious to government action, like a huge balance of payments deficit, for example. If government fails to act promptly, the crisis breaks out in all its fury. However in that case the cause can just as fairly be called &ldquo;government inaction&rdquo; as &ldquo; CRA&rdquo;.<br />
This is what happened in the years leading up to the 2008 financial crisis. The federal government signally failed to act. One aspect of this failure was described by the then Governor of New York, Elliott Spitzer, who wrote in the Washington Post that<br />
&ldquo;In 2003, during the height of the predatory lending crisis, &hellip; [n]ot only did the Bush administration do nothing to protect consumers, it embarked on an aggressive and unprecedented campaign to prevent states from &hellip; enforcing any of their own consumer protection laws against national banks.&rdquo;<br />
Predatory lenders&rsquo; partner in crime, How the Bush administration stopped the states from stepping in to help consumers, by Eliot Spitzer, The Washington Post, February 14, 2008.   <a href="http://www.washingtonpost.com/wp-dyn/content/article/2008/02/13/AR2008021302783.html" rel="nofollow"></a><a href="http://www.washingtonpost.com/wp-dyn/content/arti" rel="nofollow">http://www.washingtonpost.com/wp-dyn/content/arti</a>&#8230;<br />
Spitzer spilled the beans too soon. He soon lost his job as a result.  </p>
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		<title>By: Viet Vet</title>
		<link>http://www.frontpagemag.com/2013/robert-moon/new-study-confirms-economy-was-destroyed-by-democrat-policies/comment-page-1/#comment-4444476</link>
		<dc:creator><![CDATA[Viet Vet]]></dc:creator>
		<pubDate>Thu, 04 Apr 2013 18:51:54 +0000</pubDate>
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		<description><![CDATA[Unfortunately, that doesn&#039;t stop them from voting. ]]></description>
		<content:encoded><![CDATA[<p>Unfortunately, that doesn&#039;t stop them from voting. </p>
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		<title>By: Red47</title>
		<link>http://www.frontpagemag.com/2013/robert-moon/new-study-confirms-economy-was-destroyed-by-democrat-policies/comment-page-1/#comment-4444457</link>
		<dc:creator><![CDATA[Red47]]></dc:creator>
		<pubDate>Thu, 04 Apr 2013 18:43:57 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=184190#comment-4444457</guid>
		<description><![CDATA[ 
Racists to even bring this up.  What were they thinking? ]]></description>
		<content:encoded><![CDATA[<p>
Racists to even bring this up.  What were they thinking? </p>
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		<title>By: κατεργάζομαι</title>
		<link>http://www.frontpagemag.com/2013/robert-moon/new-study-confirms-economy-was-destroyed-by-democrat-policies/comment-page-1/#comment-4444447</link>
		<dc:creator><![CDATA[κατεργάζομαι]]></dc:creator>
		<pubDate>Thu, 04 Apr 2013 18:39:40 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=184190#comment-4444447</guid>
		<description><![CDATA[RE: &lt;i&gt;New Study Confirms Economy Was Destroyed by Dem Policies.&lt;/i&gt;  
  
A Democrat died and a friend went around collecting for a fund for his funeral.   
A woman was asked to donate ten dollars.   
  
 &quot;Ten dollars?&quot; she said. &quot;It only takes ten dollars to bury a Democrat?  
~ &quot;Here&#039;s a hundred - go bury 10 of them!&quot;   
  
amen. ]]></description>
		<content:encoded><![CDATA[<p>RE: <i>New Study Confirms Economy Was Destroyed by Dem Policies.</i>  </p>
<p>A Democrat died and a friend went around collecting for a fund for his funeral.<br />
A woman was asked to donate ten dollars.   </p>
<p> &quot;Ten dollars?&quot; she said. &quot;It only takes ten dollars to bury a Democrat?<br />
~ &quot;Here&#039;s a hundred &#8211; go bury 10 of them!&quot;   </p>
<p>amen. </p>
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		<title>By: Viet Vet</title>
		<link>http://www.frontpagemag.com/2013/robert-moon/new-study-confirms-economy-was-destroyed-by-democrat-policies/comment-page-1/#comment-4444293</link>
		<dc:creator><![CDATA[Viet Vet]]></dc:creator>
		<pubDate>Thu, 04 Apr 2013 17:45:37 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=184190#comment-4444293</guid>
		<description><![CDATA[It was an audio report, I listened to Barney say it. ]]></description>
		<content:encoded><![CDATA[<p>It was an audio report, I listened to Barney say it. </p>
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		<title>By: Viet Vet</title>
		<link>http://www.frontpagemag.com/2013/robert-moon/new-study-confirms-economy-was-destroyed-by-democrat-policies/comment-page-1/#comment-4444286</link>
		<dc:creator><![CDATA[Viet Vet]]></dc:creator>
		<pubDate>Thu, 04 Apr 2013 17:43:53 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=184190#comment-4444286</guid>
		<description><![CDATA[Oops, I meant by (CNS news) ]]></description>
		<content:encoded><![CDATA[<p>Oops, I meant by (CNS news) </p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Viet Vet</title>
		<link>http://www.frontpagemag.com/2013/robert-moon/new-study-confirms-economy-was-destroyed-by-democrat-policies/comment-page-1/#comment-4444280</link>
		<dc:creator><![CDATA[Viet Vet]]></dc:creator>
		<pubDate>Thu, 04 Apr 2013 17:40:45 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=184190#comment-4444280</guid>
		<description><![CDATA[Immediately after the fiasco developed in 2008, Klinton actually came out and said it was his party&#039;s fault for blocking republican efforts to reform Fanny May and Freddie Mac.  Also, right when it happened, when asked what was the cause of the collapse (by CSN I believe), Barney Frank said it was a Sub-Prime lending problem.  Their honestly of course soon evaporated.  Klinton&#039;s knees are probably still bruised. ]]></description>
		<content:encoded><![CDATA[<p>Immediately after the fiasco developed in 2008, Klinton actually came out and said it was his party&#039;s fault for blocking republican efforts to reform Fanny May and Freddie Mac.  Also, right when it happened, when asked what was the cause of the collapse (by CSN I believe), Barney Frank said it was a Sub-Prime lending problem.  Their honestly of course soon evaporated.  Klinton&#039;s knees are probably still bruised. </p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Viet Vet</title>
		<link>http://www.frontpagemag.com/2013/robert-moon/new-study-confirms-economy-was-destroyed-by-democrat-policies/comment-page-1/#comment-4444261</link>
		<dc:creator><![CDATA[Viet Vet]]></dc:creator>
		<pubDate>Thu, 04 Apr 2013 17:33:52 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=184190#comment-4444261</guid>
		<description><![CDATA[The 2005 House Banking Committee meeting, carried by C-Span, may still be available to watch.  The federal regulators testified that Fanny May and Freddie Mac were fast becoming insolvent, and that if they failed the economy would take a huge hit (Fanny May had bought up some $6 trillion of this bad paper).  Republicans wanted to reform these two GSE&#039;s, but the democraps shouted them down with charges of racism, saying it was all about the lynching of Franklin Raines, Fanny&#039;s CEO, who was black (they also called the regulators racists).  Raines was also a Klinton cronie.  Other Fanny May managers who were Klinton cronies were Jim Johnson and Jamie Gorelick (former deputy AG).  The regulators also testified that Fanny&#039;s managers were cooking the books in order to give themselves huge bonuses.  Fanny May was also a &#039;cash cow&#039; for democrap candidates.  Giving huge campaign donations to democraps.  Two of the highest monetary recipients were Barak Obummer and Chris Dodd. ]]></description>
		<content:encoded><![CDATA[<p>The 2005 House Banking Committee meeting, carried by C-Span, may still be available to watch.  The federal regulators testified that Fanny May and Freddie Mac were fast becoming insolvent, and that if they failed the economy would take a huge hit (Fanny May had bought up some $6 trillion of this bad paper).  Republicans wanted to reform these two GSE&#039;s, but the democraps shouted them down with charges of racism, saying it was all about the lynching of Franklin Raines, Fanny&#039;s CEO, who was black (they also called the regulators racists).  Raines was also a Klinton cronie.  Other Fanny May managers who were Klinton cronies were Jim Johnson and Jamie Gorelick (former deputy AG).  The regulators also testified that Fanny&#039;s managers were cooking the books in order to give themselves huge bonuses.  Fanny May was also a &#039;cash cow&#039; for democrap candidates.  Giving huge campaign donations to democraps.  Two of the highest monetary recipients were Barak Obummer and Chris Dodd. </p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Viet Vet</title>
		<link>http://www.frontpagemag.com/2013/robert-moon/new-study-confirms-economy-was-destroyed-by-democrat-policies/comment-page-1/#comment-4444253</link>
		<dc:creator><![CDATA[Viet Vet]]></dc:creator>
		<pubDate>Thu, 04 Apr 2013 17:31:22 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=184190#comment-4444253</guid>
		<description><![CDATA[I well remember when the democraps, Klinton and his HUD Secty Andrew Cuomo and AG Janet Reno put Karter&#039;s CRA on steroids.  The press conference where Cuomo announced this may still be on YouTube.  Their mantra then was &#039;discriminatory lending&#039;.  Charging the lending industry with racism,   Of course the lending industry wasn&#039;t racist they were practicing good feduciary standards.  That caused the housing bubble and when it burst in 2008, knowing their culpability, they turned on a dime and began to charge, &#039;predatory lending&#039;.    
 
 ]]></description>
		<content:encoded><![CDATA[<p>I well remember when the democraps, Klinton and his HUD Secty Andrew Cuomo and AG Janet Reno put Karter&#039;s CRA on steroids.  The press conference where Cuomo announced this may still be on YouTube.  Their mantra then was &#039;discriminatory lending&#039;.  Charging the lending industry with racism,   Of course the lending industry wasn&#039;t racist they were practicing good feduciary standards.  That caused the housing bubble and when it burst in 2008, knowing their culpability, they turned on a dime and began to charge, &#039;predatory lending&#039;.    </p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Viet Vet</title>
		<link>http://www.frontpagemag.com/2013/robert-moon/new-study-confirms-economy-was-destroyed-by-democrat-policies/comment-page-1/#comment-4444192</link>
		<dc:creator><![CDATA[Viet Vet]]></dc:creator>
		<pubDate>Thu, 04 Apr 2013 17:11:01 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=184190#comment-4444192</guid>
		<description><![CDATA[I agree entirely with you kasandra, its what defines low-information. ]]></description>
		<content:encoded><![CDATA[<p>I agree entirely with you kasandra, its what defines low-information. </p>
]]></content:encoded>
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