@carramrod Incidentally LBFM’s are not about porn. no cameraman in his right mind would film Trump with Chinese virgins because it would shatter the lens.
@larsiu it’s not the presidents job to encourage MBS. I doubt Clinton had an understanding of what effect repealing Glass-Steagal would have on the housing market but that really isn’t the issue.
In terms of ‘08, all of the Wall Street deregulation in the world is moot without cramming down low income mortgages at the ground level. Banks don’t lend to bad debtors, it’s not in their interest to do so, unless there is pressure to do so. And that’s the genesis of the entire crisis.
That's pretty epic level ignorance of the entire situation. What one would expect from a political hack, definitely not a finance pro.
Not a pro. I’m an operations and tech guy. But a finance acumen greater than yourself? Assuredly.