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Barack's 'organizer' Buds Pushed For Bad Mortgages

Discussion in 'Political Debate & Discussion' started by Bro. Curtis, Sep 29, 2008.

  1. Bro. Curtis

    Bro. Curtis <img src =/curtis.gif>
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    WHAT exactly does a "community organizer" do? Barack Obama's rise has left many Americans asking themselves that question. Here's a big part of the answer: Community organizers intimidate banks into making high-risk loans to customers with poor credit.
    In the name of fairness to minorities, community organizers occupy private offices, chant inside bank lobbies, and confront executives at their homes - and thereby force financial institutions to direct hundreds of millions of dollars in mortgages to low-credit customers.
    In other words, community organizers help to undermine the US economy by pushing the banking system into a sinkhole of bad loans. And Obama has spent years training and funding the organizers who do it.
    THE seeds of today's financial meltdown lie in the Commu nity Reinvestment Act - a law passed in 1977 and made riskier by unwise amendments and regulatory rulings in later decades....





    http://www.nypost.com/seven/09292008/postopinion/opedcolumnists/os_dangerous_pals_131216.htm?page=0
     
  2. LeBuick

    LeBuick New Member

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    So now the blame for the financial crises goes to the community organizer. I'm thinking if you have a bank executive who can have his arm twisted by a community organizer, then they must have either blackmailed him with revealing dirt and held his family ransom. This is the craziest reach yet, "they chant inside bank lobbies". I'm on my way to the bank now to "chant" but between you and I, I don't have a lot of confidence they'll give me any money.
     
  3. Bro. Curtis

    Bro. Curtis <img src =/curtis.gif>
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    Well since this is critical of Obama, I can see why you chimed in.

    This article doesn't blame one person, it blames an ideology.

    Say, are we commanded by scripture to live within our means as good stewardship ? Or are we to rely on those that do ?
     
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