The Financial Services Subcommittee on Financial Institutions and Consumer Credit Committee is currently holding a hearing, “The Role of the Secondary Market in Subprime Mortgage Lending.” Mr. Michael Calhoun, President and Chief Operating Officer, Center for Responsible Lending, and Ms. Judy Kennedy, Executive Director, National Association of Affordable Housing Lenders, give opening testimony.
Duration : 0:13:36
How should you reevaluate your long-term investment plan in light of the subprime mortgage crisis?
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What I want us to focus on, as 21st century investors: how can we be opportunistic? What’s obvious is that we live in a time of great turbulence, financial turbulence, and a time of many financial excesses. As a result of those excesses and the turbulence that comes from them, it creates opportunities and it creates chances for good investors to be opportunistic.
http://www.21stcenturyincome.com/
Duration : 0:7:12
This is the tactic that really destroyed America. Carter then Clinton, then Obama, ALL three PURE communists, things are going to get very ugly, Obama has an executive order to suspend elections in the event of an economic collapse, (obviously here is one created by him) when in the theory is he will pull a Hugo Chavez, he will change the constitution by appealing to the mob. He will send us all out to vote on the new constitution, of course we use e voting machines from Venezuela (video on my channel) and it will pass. They have had this ready as long as the healthcare bill. Obama will praise himself for going to the “people” something the flawed founders never did.
Duration : 0:8:34
President Obama often makes the claim that he inherited the country’s current economic crisis. But in truth, it was Obama and his fellow Democrats who supported, and facilitated efforts to force the banks to issue high-risk subprime mortgages to unqualified borrowers, which ultimately brought about the collapse of the U.S. economy. Hence, Mr. Obama is not the Inheritor-in-Chief that he claims to be, but rather the Bequeather-in-Chief, who helped facilitate the economic downturn.
Nevertheless, during a speech Tuesday at a High School in Osawatomie, Kansas, the President, rather than concede that he and his fellow Democrats supported efforts to force the banks to issue high-risk loans, blamed the banks for making these loans.
Audacity on the President’s part, I suppose; but clearly not the Audacity of Hope……
Duration : 0:8:34
Grumpy Old Geyser, a politically incorrect English bloke with strong opinions about everything, is, like most people, fed up with fat-cat bankers – so he’s come up with own wacky scheme to become a banker himself. You can follow him on Twitter as TheOldGeyser.
Duration : 0:3:1
Investors Business Daily: Smoking-Gun Document Ties Policy To Housing Crisis
http://news.investors.com/Article/589858/201110310805/Housing-Crisis-Obama-Clinton-Subprime.htm
Duration : 0:12:1
SEC Goldman Sachs SubPrime Mortgage Fraud! I just want to know ONE thing, Who is going to jail?
Duration : 0:4:45
15/10/2011
Max Keiser & Stacy Herbert discuss pirates & protesters. Also, ponzi schemes operated by Brooks Brothers Bolsheviks are discussed. In the 2nd half of the show, Max Keiser interviews Michael W. Hudson about Countrywide’s role in the subprime mortgage fraud that Obama’s Justice Department refuses to prosecute.
Duration : 0:25:40
FreedomWorks chairman Dick Armey talks about how subprime mortgages have affected home ownership and the economy — and why a government bailout would be a bad idea.
Duration : 0:3:0
http://www.subprimemortgageplan.com – Subprime Mortgage Plan
Duration : 0:3:41