By Bob Dienstbach Guest Blogger While Americans were busily distracted by undercover videos exposing outrageous behavior on the part of ACORN this week, Congress appropriated ALL lending authority for higher education. ACORN (read Obama) forced banks to make high risk loans to pimps and prostitutes to buy homes (foreclosed now…causing massive banking bailouts at taxpayer [...]
Obama’s Ties to ACORN Show Complicity in Financial Crisis Caused by Bad Mortgages
September 18th, 2009 · 3 Comments
Tags: · acorn, bailouts, banks, Barack Obama, Bob Dienstbach, carter, Clinton Administration, community reinvestment act, countrywide, higher education, house banking committee, Jesse Jackson, Jimmy Carter, mortgage, Obama, phil gramm, president barack obama, President Jimmy Carter, race card, rainbow coalition, subprime loans, tax dollars, undercover video
BANK FAILURE! IndyMac Bank Closed by FDIC
July 11th, 2008 · 2 Comments
Below is the text of an FDIC news release about today’s collapse of IndyMac Bank: IndyMac Bank, F.S.B., Pasadena, CA, was closed today by the Office of Thrift Supervision. The Federal Deposit Insurance Corporation (FDIC) was named conservator. The FDIC will transfer insured deposits and substantially all the assets of IndyMac Bank, F.S.B., Pasadena, CA, [...]
Tags: · bank failure, Bloomberg, fdic, fdic news release, indy mac, indy mac bank, indymac, indymac bank, indyMac bank closed by fdic, indymac bank collapse, SmartMoney, subprime loans, United Press International
Obama Finance Chair Tied To Subprime Scandal
February 14th, 2008 · 6 Comments
Recently, I was encouraged by a Bob McCarty Writes reader to look into the background of Penny Pritzker, a Chicago billionaire who now serves as the National Finance Chair for Barack Obama‘s presidential campaign. When I did investigate, I found details that should not only cause “Obamaniacs” to question their candidate’s judgment, but should — [...]
Tags: · bank failure, Barack, Barack Obama, business week, chicago billionaire, Clinton, Democrat, fdic, federal deposit insurance corporation, forbes, Hillary, Hillary Clinton, national finance chair, Obama, obamaniacs, penny pritzker, poor lending practices, presidential campaig, pritzker, Rezko, scandal, sloppy accounting, subprime, subprime lending scandal, subprime loans, superior bank, Tony Rezko
