k**o
发帖数: 15334 | 1 我看有些人在扯什么共和党2%，民主党11%的股市回报。表面上来看是这样，
但是实际上那是因为民主党喜欢乱搞经济，吹泡泡，弄一些人为地泡沫出来，
让股市虚高，然后结果共和党收拾烂摊子。
1. .com泡沫大家还记得吧，从开始到崩溃，一直都是克林顿的watch，
然后他P事没做，还对泡沫推波助澜，结果在他卸任前一个月崩溃了。
造成了之后3年的大幅度经济衰退，小布什给他收拾的烂摊子。
2. subprime泡沫，其根本原因就是1994年克林顿对"Community Re-investment
Act"进行全面的扩充，加上了几个条款，包括银行必须贷款给低收入者，
银行如果不这么做，就面临罚款。然后克林顿指使Fannie和Freddie这两大
mortgage guarantee机构去无条件的guarantee这些subprime loan。导致
低收入者肆无忌惮的四处买房，导致房价飞升，成为泡沫。小布什看到了
这个危机，多次提出要regulate Fannie和Freddie，结果每次都被当时的
民主党国会议员们block掉这个提案，最后2007年终于泡沫崩溃，然后民主
党人跳出来说是小布什的错，然后侯赛因O8趁势上台，继续民主党下一轮的乱搞。
我承认克林顿，侯赛因O8的演讲水平一流，不过搞经济还是算了吧。 |
N********n
发帖数: 8363 | 2
其实不止卸任前一个月。NASDAQ大泡泡在2000年3月崩溃，当年就从5000点
腰斩到2400，最后到02年跌倒1100才止住。
NASDAQ高科技当时可是被吹捧为21世纪美国经济的支柱，结果在克林顿任
上就崩溃，很多人陪了血本。克的经济一点不比布什和疤蟆强多少。好笑
的是很多人还说克林顿的经济政策好。
还有，放松对银行监管、让他们拿客户存款随便乱炒的政策就是克林顿任
上通过的。
【在 k**o 的大作中提到】
: 我看有些人在扯什么共和党2%，民主党11%的股市回报。表面上来看是这样，
: 但是实际上那是因为民主党喜欢乱搞经济，吹泡泡，弄一些人为地泡沫出来，
: 让股市虚高，然后结果共和党收拾烂摊子。
: 1. .com泡沫大家还记得吧，从开始到崩溃，一直都是克林顿的watch，
: 然后他P事没做，还对泡沫推波助澜，结果在他卸任前一个月崩溃了。
: 造成了之后3年的大幅度经济衰退，小布什给他收拾的烂摊子。
: 2. subprime泡沫，其根本原因就是1994年克林顿对"Community Re-investment
: Act"进行全面的扩充，加上了几个条款，包括银行必须贷款给低收入者，
: 银行如果不这么做，就面临罚款。然后克林顿指使Fannie和Freddie这两大
: mortgage guarantee机构去无条件的guarantee这些subprime loan。导致
|
K******S
发帖数: 10109 | 3 even today. What's the unemployment rate last time dow hit 13000?
What's the unemployment now?
Thanks to money printing and QE v1 and v2.
【在 k**o 的大作中提到】
: 我看有些人在扯什么共和党2%，民主党11%的股市回报。表面上来看是这样，
: 但是实际上那是因为民主党喜欢乱搞经济，吹泡泡，弄一些人为地泡沫出来，
: 让股市虚高，然后结果共和党收拾烂摊子。
: 1. .com泡沫大家还记得吧，从开始到崩溃，一直都是克林顿的watch，
: 然后他P事没做，还对泡沫推波助澜，结果在他卸任前一个月崩溃了。
: 造成了之后3年的大幅度经济衰退，小布什给他收拾的烂摊子。
: 2. subprime泡沫，其根本原因就是1994年克林顿对"Community Re-investment
: Act"进行全面的扩充，加上了几个条款，包括银行必须贷款给低收入者，
: 银行如果不这么做，就面临罚款。然后克林顿指使Fannie和Freddie这两大
: mortgage guarantee机构去无条件的guarantee这些subprime loan。导致
|
N********n
发帖数: 8363 | 4
HOHO，另外说起股市回报来看看当年ZIMBABWE的股市。按照LIBERAL的看法
这个市场简直太爽了。ZIMBABWE实在太有才了。
【在 k**o 的大作中提到】
: 我看有些人在扯什么共和党2%，民主党11%的股市回报。表面上来看是这样，
: 但是实际上那是因为民主党喜欢乱搞经济，吹泡泡，弄一些人为地泡沫出来，
: 让股市虚高，然后结果共和党收拾烂摊子。
: 1. .com泡沫大家还记得吧，从开始到崩溃，一直都是克林顿的watch，
: 然后他P事没做，还对泡沫推波助澜，结果在他卸任前一个月崩溃了。
: 造成了之后3年的大幅度经济衰退，小布什给他收拾的烂摊子。
: 2. subprime泡沫，其根本原因就是1994年克林顿对"Community Re-investment
: Act"进行全面的扩充，加上了几个条款，包括银行必须贷款给低收入者，
: 银行如果不这么做，就面临罚款。然后克林顿指使Fannie和Freddie这两大
: mortgage guarantee机构去无条件的guarantee这些subprime loan。导致
|
l******a
发帖数: 3803 | 5 haha, 克林顿曾经表示后悔没把SOCIAL SECURITY放到股市里。 |
P*********0
发帖数: 4321 | 6 reference for your second point.
I want to know how Clinton was forcing banks to lend to people without
enough credit
【在 k**o 的大作中提到】
: 我看有些人在扯什么共和党2%，民主党11%的股市回报。表面上来看是这样，
: 但是实际上那是因为民主党喜欢乱搞经济，吹泡泡，弄一些人为地泡沫出来，
: 让股市虚高，然后结果共和党收拾烂摊子。
: 1. .com泡沫大家还记得吧，从开始到崩溃，一直都是克林顿的watch，
: 然后他P事没做，还对泡沫推波助澜，结果在他卸任前一个月崩溃了。
: 造成了之后3年的大幅度经济衰退，小布什给他收拾的烂摊子。
: 2. subprime泡沫，其根本原因就是1994年克林顿对"Community Re-investment
: Act"进行全面的扩充，加上了几个条款，包括银行必须贷款给低收入者，
: 银行如果不这么做，就面临罚款。然后克林顿指使Fannie和Freddie这两大
: mortgage guarantee机构去无条件的guarantee这些subprime loan。导致
|
k**o
发帖数: 15334 | 7 有个兄弟签名里面的video，很好的阐述了这个问题：
【在 P*********0 的大作中提到】
: reference for your second point.
: I want to know how Clinton was forcing banks to lend to people without
: enough credit
|
K******S
发帖数: 10109 | 8 1: Community Reinvestment Act (CRA) was strengthened during Clinton time
2: At then attorney General Janet Reno actually prosecuted several banks for
racism landing criteria.
3: HUD (The Dept. of Housing and Urban Development) authorized Fannie Mae
and Freddie Mac to buy mortgage-backed securities (a lot of subprime and
other risky loans)
4: investment banks and wall street follows because even government is
backing the sub-prime loans.
【在 P*********0 的大作中提到】
: reference for your second point.
: I want to know how Clinton was forcing banks to lend to people without
: enough credit
|
P*********0
发帖数: 4321 | 9 I don't need video. I want the quote from the act.
can you do it?
【在 k**o 的大作中提到】
: 有个兄弟签名里面的video，很好的阐述了这个问题：
|
P*********0
发帖数: 4321 | 10 tell me where the government is forcing loans when the buyer doesn't have
enough credit.
for
【在 K******S 的大作中提到】
: 1: Community Reinvestment Act (CRA) was strengthened during Clinton time
: 2: At then attorney General Janet Reno actually prosecuted several banks for
: racism landing criteria.
: 3: HUD (The Dept. of Housing and Urban Development) authorized Fannie Mae
: and Freddie Mac to buy mortgage-backed securities (a lot of subprime and
: other risky loans)
: 4: investment banks and wall street follows because even government is
: backing the sub-prime loans.
|
|
|
K******S
发帖数: 10109 | 11 Key figures in the matter were Attorney General Janet Reno and her Deputy,
none other than Eric Holder. They aggressively intimidated banks with
threats of prosecution, lawsuits, stiff fines, and regulatory roadblocks to
expansion and mergers. They paid little attention to actual lending
practices and underwriting criteria, focusing instead on the end results in
terms of percentages of minority loans approved. It mattered not whether the
lenders were actually discriminating on the basis of race or whether
minorities in general simply had worse credit histories (statistics show
that they do). It was classic "affirmative action" for home loans.
Reno aggressively prosecuted several banks for "racist" lending practices,
and she also encouraged private lawsuits against banks. One such lawsuit was
filed against Citibank by a little-known community organizer and civil-
rights lawyer named Barack Obama. Other government agencies also embarked on
witch-hunts, including the Comptroller of Currency, the President's Fair
Housing Council, and the Inter-agency Task Force on Fair Lending, the latter
two having been set up by the Clinton administration specifically to harass
banks. They even pressured some banks to open offices in dangerous
neighborhoods.
With the US Attorney General and several other government agencies
pressuring them to give more loans to minorities, banks and other lenders
had no choice but to figure out ways to lower their underwriting standards.
They drastically reduced or eliminated minimum down payments, increased
limits on debt-to-income ratio, and started counting unemployment checks and
food stamps as "income"! Then there were the infamous "NINJA" loans (no
income, no job, no assets -- no problem). It was financial insanity run amok
-- forced on lenders by the authority of the US government.
【在 P*********0 的大作中提到】
: tell me where the government is forcing loans when the buyer doesn't have
: enough credit.
:
: for
|
k**o
发帖数: 15334 | 12 Act本身没有提出具体处罚，但是克林顿的手下Janet Reno以non-compliance
为依据，告了几个银行。而且很快Fannie和Freddie开始guarantee这些
subprime loan，所以银行没有后顾之忧了，也就无所谓，随便谁都可以贷款。
这里有个老外的帖子，有比较详细的detail，侯赛因O8当时也曾起诉过银行，让
他们必须贷款给老黑。
http://iusbvision.wordpress.com/2008/09/30/obama-sued-citibank-
【在 P*********0 的大作中提到】
: I don't need video. I want the quote from the act.
: can you do it?
|
P*********0
发帖数: 4321 | 13 the prosecution is about discrimination upon equal credit.
some original quote please from the law.
to
in
the
【在 K******S 的大作中提到】
: Key figures in the matter were Attorney General Janet Reno and her Deputy,
: none other than Eric Holder. They aggressively intimidated banks with
: threats of prosecution, lawsuits, stiff fines, and regulatory roadblocks to
: expansion and mergers. They paid little attention to actual lending
: practices and underwriting criteria, focusing instead on the end results in
: terms of percentages of minority loans approved. It mattered not whether the
: lenders were actually discriminating on the basis of race or whether
: minorities in general simply had worse credit histories (statistics show
: that they do). It was classic "affirmative action" for home loans.
: Reno aggressively prosecuted several banks for "racist" lending practices,
|
K******S
发帖数: 10109 | 14 LOL, you just play the words game.
Do you really think banks will lose business because of races? Heck, those
banks will do business with anyone or anything if there's profit.
You just throw out racism any chance you get.
【在 P*********0 的大作中提到】
: the prosecution is about discrimination upon equal credit.
: some original quote please from the law.
:
: to
: in
: the
|
M*P
发帖数: 6456 | 15 你先要搞清楚08年经济危机是因为金融街搞出了CDO.
【在 k**o 的大作中提到】
: 我看有些人在扯什么共和党2%，民主党11%的股市回报。表面上来看是这样，
: 但是实际上那是因为民主党喜欢乱搞经济，吹泡泡，弄一些人为地泡沫出来，
: 让股市虚高，然后结果共和党收拾烂摊子。
: 1. .com泡沫大家还记得吧，从开始到崩溃，一直都是克林顿的watch，
: 然后他P事没做，还对泡沫推波助澜，结果在他卸任前一个月崩溃了。
: 造成了之后3年的大幅度经济衰退，小布什给他收拾的烂摊子。
: 2. subprime泡沫，其根本原因就是1994年克林顿对"Community Re-investment
: Act"进行全面的扩充，加上了几个条款，包括银行必须贷款给低收入者，
: 银行如果不这么做，就面临罚款。然后克林顿指使Fannie和Freddie这两大
: mortgage guarantee机构去无条件的guarantee这些subprime loan。导致
|
y****t
发帖数: 10233 | 16 有你两房强制接盘,谁不搞谁是傻子.
【在 M*P 的大作中提到】
: 你先要搞清楚08年经济危机是因为金融街搞出了CDO.
|
y****t
发帖数: 10233 | 17 you have to understand, his heart, his blood are all black.
the only thing which is not black for him is his skin, and he is very
frustrated about it ...
【在 K******S 的大作中提到】
: LOL, you just play the words game.
: Do you really think banks will lose business because of races? Heck, those
: banks will do business with anyone or anything if there's profit.
: You just throw out racism any chance you get.
|
k**o
发帖数: 15334 | 18 CDO不是原因，CDO 1987年就开始搞了。如果underlying asset是高质量
mortgage，那么就不会有问题。问题是underlying asset是subprime，
所以才出现问题，而subprime是怎么来的，就是克林顿弄出来的。当然
美国的投行也有重大错误行为，就是将subprime的CDO包装成无风险AAA投资，
卖给投资人，结果坑了全世界很多国家的银行。但是这不是危机的主要
原因，因为如果没有subprime，那么银行也就没法这么包装。
【在 M*P 的大作中提到】
: 你先要搞清楚08年经济危机是因为金融街搞出了CDO.
|
l****z
发帖数: 29846 | 19 支持, 有的人还说2008金融危机是市场经济没有管制的结果,笑死人阿.
【在 k**o 的大作中提到】
: 我看有些人在扯什么共和党2%，民主党11%的股市回报。表面上来看是这样，
: 但是实际上那是因为民主党喜欢乱搞经济，吹泡泡，弄一些人为地泡沫出来，
: 让股市虚高，然后结果共和党收拾烂摊子。
: 1. .com泡沫大家还记得吧，从开始到崩溃，一直都是克林顿的watch，
: 然后他P事没做，还对泡沫推波助澜，结果在他卸任前一个月崩溃了。
: 造成了之后3年的大幅度经济衰退，小布什给他收拾的烂摊子。
: 2. subprime泡沫，其根本原因就是1994年克林顿对"Community Re-investment
: Act"进行全面的扩充，加上了几个条款，包括银行必须贷款给低收入者，
: 银行如果不这么做，就面临罚款。然后克林顿指使Fannie和Freddie这两大
: mortgage guarantee机构去无条件的guarantee这些subprime loan。导致
|
l****z
发帖数: 29846 | 20 太多了,当初疤蟆就代表Chicago的几个老黑告citibank,告citibank种族歧视不肯贷款
给老黑.结果citibank输了.
【在 P*********0 的大作中提到】
: tell me where the government is forcing loans when the buyer doesn't have
: enough credit.
:
: for
|
|
|
l****z
发帖数: 29846 | 21 CDO不就是因为政府强迫银行贷款给那些credit不够的人房贷才出来的? 银行也不是傻
瓜, 他们自己也不愿意承担风险,当然要转嫁.
反正就是民主党政府搞出来的p事情.
【在 M*P 的大作中提到】
: 你先要搞清楚08年经济危机是因为金融街搞出了CDO.
|
M*P
发帖数: 6456 | 22 政府也没让你把subprime绑进CDO,搞金融的为了自己的利益，没有subprime,也会用别
的东西来制造这种金融危机。
金融系统的贪婪，不制造物质财富，是一切的罪魁祸首。
【在 l****z 的大作中提到】
: CDO不就是因为政府强迫银行贷款给那些credit不够的人房贷才出来的? 银行也不是傻
: 瓜, 他们自己也不愿意承担风险,当然要转嫁.
: 反正就是民主党政府搞出来的p事情.
|
s********t
发帖数: 4150 | 23 I don't mind it if he was just a practicing attorney building his own
business. With his current actions as president, he just has to be put out
of work.
【在 l****z 的大作中提到】
: 太多了,当初疤蟆就代表Chicago的几个老黑告citibank,告citibank种族歧视不肯贷款
: 给老黑.结果citibank输了.
|
K******S
发帖数: 10109 | 24 sure those greedy investment banks and wall street are also partially
responsible for the crisis.
【在 M*P 的大作中提到】
: 政府也没让你把subprime绑进CDO,搞金融的为了自己的利益，没有subprime,也会用别
: 的东西来制造这种金融危机。
: 金融系统的贪婪，不制造物质财富，是一切的罪魁祸首。
|
p******o
发帖数: 9007 | 25 How much subprime mortgage F&F bought? |
y****t
发帖数: 10233 | 26 open your favorite search engine.
type
subprime mortgage bought by gse
【在 p******o 的大作中提到】
: How much subprime mortgage F&F bought?
|
p******o
发帖数: 9007 | 27 I see this, http://en.wikipedia.org/wiki/Subprime_mortgage_crisis
"In the mid-2000s, GSE securitization declined dramatically as a share of
overall securitization, while private label securitization dramatically
increased.[1] Most of the growth in private label securitization was through
high-risk subprime and Alt-A mortgages.[1] As private securitization gained
market share and the GSEs retreated, mortgage quality declined dramatically
.[1] The worst performing mortgages were securitized by the private banks,
whereas GSE mortgages continued to perform better than the rest of the
market, including mortgages that were not securitized and were instead held
in portfolio.[1]"
What else informative you see?
【在 y****t 的大作中提到】
: open your favorite search engine.
: type
: subprime mortgage bought by gse
|
P*********0
发帖数: 4321 | 28 it's not about what I think. it's about facts.
And can you present the facts?
【在 K******S 的大作中提到】
: LOL, you just play the words game.
: Do you really think banks will lose business because of races? Heck, those
: banks will do business with anyone or anything if there's profit.
: You just throw out racism any chance you get.
|
y****t
发帖数: 10233 | 29 i tell you what is the difference.
if you sell a dollar on the penny by printing out tax payers money, no
private sector can compete.
when you are going down and bailed out by taxpayers money, no FED circle
outsider can survive.
this is pure government controlled economy on tax payers dollar, and that's
where free market economy die.
wamu is dead, became part of chase, one of the fed banks.
while long live GSE and GS on taxpayers dollars.
through
gained
dramatically
held
【在 p******o 的大作中提到】
: I see this, http://en.wikipedia.org/wiki/Subprime_mortgage_crisis
: "In the mid-2000s, GSE securitization declined dramatically as a share of
: overall securitization, while private label securitization dramatically
: increased.[1] Most of the growth in private label securitization was through
: high-risk subprime and Alt-A mortgages.[1] As private securitization gained
: market share and the GSEs retreated, mortgage quality declined dramatically
: .[1] The worst performing mortgages were securitized by the private banks,
: whereas GSE mortgages continued to perform better than the rest of the
: market, including mortgages that were not securitized and were instead held
: in portfolio.[1]"
|
P*********0
发帖数: 4321 | 30 more details please.
I need to understand a big bank like citi, how they lost case easily. They
can have the best lawyers in the nation.
How Obama manipulated the jury and judge.
I hope you can tell me more.
【在 l****z 的大作中提到】
: 太多了,当初疤蟆就代表Chicago的几个老黑告citibank,告citibank种族歧视不肯贷款
: 给老黑.结果citibank输了.
|
|
|
y****t
发帖数: 10233 | 31 facts such as 104 rounds of golf obama played during his 4 years?
【在 P*********0 的大作中提到】
: it's not about what I think. it's about facts.
: And can you present the facts?
|
P*********0
发帖数: 4321 | 32 did I ask you?
【在 y****t 的大作中提到】
: facts such as 104 rounds of golf obama played during his 4 years?
|
p******o
发帖数: 9007 | 33 I see http://en.wikipedia.org/wiki/Government_policies_and_the_subprime_mortgage_crisis#Pressured_to_take_risks
"More than 84 percent of the subprime mortgages came from private lending
institutions in 2006 and the share of subprime loans insured by Fannie Mae
and Freddie Mac decreased as the bubble got bigger (from a high of insuring
48 percent to insuring 24 percent of all subprime loans in 2006)."
So private sector was able to compete with F&F, and seemed winning the game
actually.
s
【在 y****t 的大作中提到】
: i tell you what is the difference.
: if you sell a dollar on the penny by printing out tax payers money, no
: private sector can compete.
: when you are going down and bailed out by taxpayers money, no FED circle
: outsider can survive.
: this is pure government controlled economy on tax payers dollar, and that's
: where free market economy die.
: wamu is dead, became part of chase, one of the fed banks.
: while long live GSE and GS on taxpayers dollars.
:
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y****t
发帖数: 10233 | 34 I am asking you.
【在 P*********0 的大作中提到】
: did I ask you?
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y****t
发帖数: 10233 | 35 glad you found it.
post the number out.
what is that number?
insuring
game
【在 p******o 的大作中提到】
: I see http://en.wikipedia.org/wiki/Government_policies_and_the_subprime_mortgage_crisis#Pressured_to_take_risks
: "More than 84 percent of the subprime mortgages came from private lending
: institutions in 2006 and the share of subprime loans insured by Fannie Mae
: and Freddie Mac decreased as the bubble got bigger (from a high of insuring
: 48 percent to insuring 24 percent of all subprime loans in 2006)."
: So private sector was able to compete with F&F, and seemed winning the game
: actually.
:
: s
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P*********0
发帖数: 4321 | 36 你要等爹抽袋烟，完成手头的活儿才行。
你个没家教的东西。
【在 y****t 的大作中提到】
: I am asking you.
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p******o
发帖数: 9007 | 37 Private sector 84%, GSE 16%.
Private sector did like subprime mortgage very much. Why? I will enlighten
those who are willing to listen later.
【在 y****t 的大作中提到】
: glad you found it.
: post the number out.
: what is that number?
:
: insuring
: game
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y****t
发帖数: 10233 | 38 what is that number?
would you post it out please?
then i will tell you what is going on.
【在 p******o 的大作中提到】
: Private sector 84%, GSE 16%.
: Private sector did like subprime mortgage very much. Why? I will enlighten
: those who are willing to listen later.
|
K******S
发帖数: 10109 | 39 what I said/quoted are the facts.
for you guys that throw out racism any chance you get, I've got a word for
you: race-baters
【在 P*********0 的大作中提到】
: it's not about what I think. it's about facts.
: And can you present the facts?
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p******o
发帖数: 9007 | 40 You do not understand what market share means, or you choose to ignore?
【在 y****t 的大作中提到】
: what is that number?
: would you post it out please?
: then i will tell you what is going on.
|
|
|
P*********0
发帖数: 4321 | 41 you got nothing else except hearsay.
I was asking simple questions -
How the government was forcing banks to lend to people without checking
their credits.
And how Obama can win the cause against a big bank.
I need excerpts from the law in question, and court documents to show that
Obama single-handedly won the case without evidence.
【在 K******S 的大作中提到】
: what I said/quoted are the facts.
: for you guys that throw out racism any chance you get, I've got a word for
: you: race-baters
|
y****t
发帖数: 10233 | 42 let me ask you again.
what is the total amount of subprime mortgage gse held at that moment.
【在 p******o 的大作中提到】
: You do not understand what market share means, or you choose to ignore?
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p******o
发帖数: 9007 | 43 Held by whom? GSE or private sector? I already told you GSE had 16% while
private sector had 84%. So how does the absolute number matter? I just give
you one if you love it so much, 1 Zillion.
Second question is why private sector love this 1*84%zillion subprime
mortgage?
【在 y****t 的大作中提到】
: let me ask you again.
: what is the total amount of subprime mortgage gse held at that moment.
|
K******S
发帖数: 10109 | 44 O.J. Simpson didn't kill his wife.
Zimmerman is a racist.
Bill Clinton didn't have sex with the intern.
I also need law experts and court documents for it.
Give me a break, you don't even have hearsay.
【在 P*********0 的大作中提到】
: you got nothing else except hearsay.
: I was asking simple questions -
: How the government was forcing banks to lend to people without checking
: their credits.
: And how Obama can win the cause against a big bank.
: I need excerpts from the law in question, and court documents to show that
: Obama single-handedly won the case without evidence.
|
K******S
发帖数: 10109 | 45 so you are saying it's the private sector causing the crisis?
give
【在 p******o 的大作中提到】
: Held by whom? GSE or private sector? I already told you GSE had 16% while
: private sector had 84%. So how does the absolute number matter? I just give
: you one if you love it so much, 1 Zillion.
: Second question is why private sector love this 1*84%zillion subprime
: mortgage?
|
p******o
发帖数: 9007 | 46 84% of the market share as of 2006, or 67% of the market as of 2007 (good
news to you and yourtt!). Well how about we saying private sector
significantly contributed to that crisis? Feel better?
【在 K******S 的大作中提到】
: so you are saying it's the private sector causing the crisis?
:
: give
|
g******y
发帖数: 1101 | |
K******S
发帖数: 10109 | 48 Like I said, sure those greedy banks/wall street were partially responsible.
But blame Bush instead of Clinton is just purely ignorant.
【在 p******o 的大作中提到】
: 84% of the market share as of 2006, or 67% of the market as of 2007 (good
: news to you and yourtt!). Well how about we saying private sector
: significantly contributed to that crisis? Feel better?
|
P*********0
发帖数: 4321 | 49 Greediness in private sector went unchecked by regulatory agencies, with
laws passed to let the fat cats loose.
I will post something later, to identify people who are most responsible for
the crisis.
【在 K******S 的大作中提到】
: so you are saying it's the private sector causing the crisis?
:
: give
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p******o
发帖数: 9007 | 50 Let me conclude my first point: neither Clinton nor Bush forced these
private sector firms to take up the subprime mortgage down their throats. On
the contrary, subprime mortgage deals were the hottest on the street at
that time. Nearly every major player was humming day and night to in-and-out
subprime deals. Even F&F had to compete for the market share (but not as
fast as the golden private sector) because they needed profits too.
Second point, why so, who is to blame? I will enlighten those are willing to
listen in my next post.
responsible.
【在 K******S 的大作中提到】
: Like I said, sure those greedy banks/wall street were partially responsible.
: But blame Bush instead of Clinton is just purely ignorant.
|
|
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y****t
发帖数: 10233 | 51 16% of what?
in what year? is it for single year or accumulated total?
give
【在 p******o 的大作中提到】
: Held by whom? GSE or private sector? I already told you GSE had 16% while
: private sector had 84%. So how does the absolute number matter? I just give
: you one if you love it so much, 1 Zillion.
: Second question is why private sector love this 1*84%zillion subprime
: mortgage?
|
y****t
发帖数: 10233 | 52 这小左的逻辑真是太强大了.
两房买了一路的subprime mortgage, 最后几年买少了,结果都是别人的错了.
如果两房最后几年什么都没买,0%参与率,是不是说两房一点关系都没有了.
我让那libtard把总数字贴出来,就是让他自己看,自己想,结果好,尽剩下念talking
points了...
这就是他母亲的obama voter.
【在 y****t 的大作中提到】
: 16% of what?
: in what year? is it for single year or accumulated total?
:
: give
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p******o
发帖数: 9007 | 53 Since you are demanding the absolute numbers, here you are (from STL FeD):
http://research.stlouisfed.org/conferences/gse/Van_Order.pdf
From 2000 to 2007 (table 1), the total subprime market volume is $1.69
trillion, while GSE(F&F)'s share is $595 billion, a meager 35% market share.
From chart 2, you can also see the trend that private sector gradually
outrun the GSE. Is there anybody forcing them to take up the loans? Not a
bit, subprime mortgage was one of the most lucrative deals during that time
2004-2006, private sector is just fighting for them.
【在 y****t 的大作中提到】
: 这小左的逻辑真是太强大了.
: 两房买了一路的subprime mortgage, 最后几年买少了,结果都是别人的错了.
: 如果两房最后几年什么都没买,0%参与率,是不是说两房一点关系都没有了.
: 我让那libtard把总数字贴出来,就是让他自己看,自己想,结果好,尽剩下念talking
: points了...
: 这就是他母亲的obama voter.
|
