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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (228961)8/8/2013 10:18:01 AM
From: Bread Upon The Water  Read Replies (1) | Respond to of 543084
 
Think it would work if the regs are written tight enough so that a bank's ability to stay in the banking business is contingent on complying with mortgage distribution over all economic classes. OTOH, we can't go back to the "no doc" loan mentality. Job and income would have to be verified.



To: Sam who wrote (228961)8/8/2013 3:22:18 PM
From: bentway  Respond to of 543084
 
"For some reason that eludes me, Obama has shown reluctance to confront these wealthy assholes."

I think every president is sat down upon entering office, and given some sort of presentation, perhaps featuring Kennedy getting his brains blown out followed by pictures of his family, and then told that wealthy assholes run the country, and he'd better not rock the boat.

Somewhat similar to the meeting Johnson had in the move "JFK".


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