From the Washington Post: Several years ago, state attorneys general and others involved in consumer protection began to notice a marked increase in a range of predatory lending practices by mortgage lenders. Some were misrepresenting the terms of loans, making loans without regard to consumers’ ability to repay, making loans with deceptive “teaser” rates that …
Archives for September 2008
ATTN: Democrats
Walk away. Just let the whole shitpile collapse. It is not your fault. And honestly, I doubt doing anything will matter, anyway. The House Republicans came out, and their play is clear: “We will not use taxpayer money to bail out Wall Street. We want to protect the taxpayers.” In other words, they do not …
Blink
Palin: “I answered him yes,” Ms. Palin said, “because I have the confidence in that readiness and knowing that you can’t blink, you have to be wired in a way of being so committed to the mission, the mission that we’re on, reform of this country and victory in the war, you can’t blink. So …
“What are we going to do?”
Implosion: Breaking News from Big Eddie: McCain Camp insiders say Palin “clueless” Capitol Hill sources are telling me that senior McCain people are more than concerned about Palin. The campaign has held a mock debate and a mock press conference; both are being described as “disastrous.” One senior McCain aide was quoted as saying, “What …
Another Day of Chaos
And almost two weeks after this mess started, I still have no real clear grasp what will happen or what should happen. Last night on CNN, though, there was this: ROBERTS: Will there be dire consequences? FREELAND: Well, I think that what we are going to see a little bit is a fight between the …
Pastors to Endorse McCain From Pulpit
And they risk losing their IRS exemptions: Setting the stage for a collision of religion and politics, Christian ministers from 22 states will use their pulpits Sunday to deliver political sermons or endorse candidates — defying a federal ban on campaigning by nonprofit groups. The ministers’ advocacy could violate the Internal Revenue Service’s rules against …
Your Boots Are Made For Walking
If this is not a big enough crisis that McCain and the GOP can play games with it, it is not a crisis at all. Walk away, Democrats. Walk away. *** Update *** Seriously. Here is the GOP proposal, which includes this: Temporary tax relief provisions can help companies free up capital to maintain operations, …