Darth Omar (12-15-2018)
the housing crisis recession, brought on by the refusal of the demmycunts to reign in the fed, caused a recession which was officially no longer a recession before Obama took office.......it took him six years to get the economy back to what it was when he was elected.....it was the worst recovery in US history......and he only accomplished that by putting the US $10T deeper in debt......
Darth Omar (12-15-2018)
FUCK THE POLICE (12-15-2018), kudzu (12-15-2018)
Have you forgotten that Dubya announced his goals of increasing minority home ownership ?
Expanding Home Ownership - George W. Bush
Expanding Home Ownership "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."
https://georgewbush-whitehouse.archi...ent/chap7.html
Expanding Home Ownership
"This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."
- President George W. Bush, December 16, 2003
He who is the author of a war lets loose the whole contagion of hell and opens a vein that bleeds a nation to death. Thomas Paine
Increasing Homeownership
The US homeownership rate reached a record 69.2 percent in the second quarter of 2004. The number of homeowners in the United States reached 73.4 million, the most ever. And for the first time, the majority of minority Americans own their own homes.
The President set a goal to increase the number of minority homeowners by 5.5 million families by the end of the decade. Through his homeownership challenge, the President called on the private sector to help in this effort. More than two dozen companies and organizations have made commitments to increase minority homeownership - including pledges to provide more than $1.1 trillion in mortgage purchases for minority homebuyers this decade.
President Bush signed the $200 million-per-year American Dream Downpayment Act which will help approximately 40,000 families each year with their downpayment and closing costs.
The Administration proposed the Zero-Downpayment Initiative to allow the Federal Housing Administration to insure mortgages for first-time homebuyers without a downpayment. Projections indicate this could generate over 150,000 new homeowners in the first year alone.
President Bush proposed a new Single Family Affordable Housing Tax Credit to increase the supply of affordable homes.
The President has proposed to more than double funding for the Self-Help Homeownership Opportunity Program (SHOP), where government and non-profit organizations work closely together to increase homeownership opportunities.
The President proposed $2.7 billion in USDA home loan guarantees to support rural homeownership and $1.1 billion in direct loans for low-income borrowers unable to secure a mortgage through a conventional lender. These loans are expected to provide 42,800 homeownership opportunities to rural families across America.
He who is the author of a war lets loose the whole contagion of hell and opens a vein that bleeds a nation to death. Thomas Paine
FUCK THE POLICE (12-15-2018)
The problem was the Executive Order that Donald Trump signed that reversed the mandated tax for not insuring oneself, as required by the ACA.
After Roberts decision, that made the tax legal, do you really really think he is going to suddenly change his position?
So if you are already counting his vote- forget it! It won't happen!
CNBC disagrees with you.....
https://www.cnbc.com/2018/10/15/us-b...ng-surges.htmlUS budget deficit expands to $779 billion in fiscal 2018 as spending surges
projections for 2019
https://www.thebalance.com/u-s-feder...akdown-3305789In Fiscal Year 2019, the federal budget will be $4.407 trillion. The U.S. government estimates it will receive $3.422 trillion in revenue. That creates a $985 billion deficit for October 1, 2018 through September 30, 2019.
FUCK THE POLICE (12-15-2018)
How about we go to the source, the government's own numbers instead of letting a news agency tell us what is what.
https://treasurydirect.gov/NP/debt/s...0&endYear=2018
On 1 Oct 2017 the total national debt was $20,244,900,016,053
On 30 Sept 2018 the total national debt was $21,516,058,183,180
That is an increase of 1.272 trillion dollars to the debt. That is the true deficit for the year.
Keeping with the FY accounting...
On 1 Oct 2009 the total national debt was $11,920,519,164,319
On 30 Sept 2017 the total national debt was 20,244,900,016,053
Total debt added under Obama is $8,325,380,851,734 for an average of 1.04 trillion per year.
what does any of that have to do with the fed bundling insecure loans and selling them to investors with a federal guarantee?........that was done under the rule changes of of Clinton's administration and carried out by the guy Obama chose for his cabinet......Geithner....
Bookmarks