Patriot Convention


This is the one election that in all of our history is a fork in the road that we had better choose wisely.

This next president will appoint several Supreme Court justices.

That alone should be enough to make everyone sit up and take notice.

If HRC is allowed to stack that Supreme Court, the country is gone.

It is that serious. There is no turning back, none.

We will not have the luxury to say, we can hang for another 4 years.

The communist planks are all in place…

...that ball is at the finish line and just needs that last punt over the goal posts and it is game over.

That one issue will have ramifications for decades.

Your children and grandkids will experience the full weight of that one issue alone.

Sunday, January 27, 2013

Clinton Added Teeth To CRA, Obama Turned Them Into Fangs

Via Daily Timewaster

Despite new evidence the Community Reinvestment Act led to riskier lending and played a key role in the subprime mortgage crisis, the Obama administration is broadening the anti-redlining regulation's authority and scope, spooking bankers.

A recent study by the National Bureau of Economic Research, the nation's pre-eminent economic research group, states that the CRA "clearly" had a major impact on the flood of subprime loans made in the late 1990s and 2000s, which directly led to the housing crisis.

By quietly expanding the regulation, analysts say President Obama is picking up where President Clinton left off in April 1995, when he rewrote rules for what had been a largely toothless law as first drafted in 1977.

Through executive orders, Clinton set strict numerical lending targets for banks in "underserved" neighborhoods, while ordering regulators to crack down on alleged bank redlining.

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