wf3h wrote:
On Tue, 26 Apr 2011 19:53:41 -0400, I_am_Tosk
wrote:

In ,
says...
On Tue, 26 Apr 2011 14:50:53 -0600,
wrote:


Why are record
numbers of forclosures occuring? People not paying their bills?
because the RICH ****ed the economy and threw MILLLIONS out of work

THAT is why there are FORECLOSURES

Obamanomics of paying your bills with BS not work'in for ya?
more racist hatred of the black guy
There is foreclosures because Dodd, Kerry, Frank, and Obama crashed the
housing market through fannie and freddie.... Period...

really? let's see

1. the housing crisis started in 2007
2. obama became pres in 2008

so only a racist would say obama had ANYTHING to do with it

BUT let's crunch the numbers, shall we?

http://en.wikipedia.org/wiki/Fannie_...from_late_2007

fannie may and freddie mac cost taxpayers 150 BILLION

BUT the total DECREASE in net worth of the US is about TEN TRILLION

so YOUR view accounts for about 2% of the decrease

let's look at another factor, shall we?

wall street derivatives...specifically COLLATERALIZED DEBT OBLIGATIONS

THEY went from

320 BILLION

to SIXTY TWO TRILLION in 10 years

sixty two trillion is MORE than the ENTIRE NET WORTH of the united
states. and THAT was cause by WALL STREET GREED.

so when the housing market went south, WALL STREET GREED BLEW UP the
economy. and THAT was caused by RIGHT WING DEREGULATION OF WALL
STREET.

but you're right wng. so you'll continue to lie. it's what you do


Please...the one watt bulb in Ingersoll's head will burn out reading
those numbers.