Lake Erie Conservative

thoughtful discussion(s) about issue(s)

Posts Tagged ‘extortion’

… Mike Goodwin is Right [#shakedown][#scam]…

Posted by paulfromwloh on Saturday,April 23rd,2016

.. and Goldman Sachs & Co is not the only victim ..

.. yes , the banks [incl. the investment banks] were participants in the mortgage banking business . But the government gave them little choice ..

.. [h/t — NYPost.com]..
.. [link] to the blog column ..

.. First , the requirements of various laws over the last 30 years required the banks to participate in making mortgage loans to low – income communities . Yes , those knuckleheads should not be ” red -lining ” [avoiding making loans deliberately in those communities] . But those banks should not be forced to make loans to people to whom they have no business in those mortgages ..

.. second , the banks did not make the mortgage -backed securities [MBS] into what is known as the secondary market . The government – held corps did that [i.e. , Ginnie Mae and Fannie Mae] . The banks had little choice . in order to get their money back to use in other ways , Ginnie Mae and Fannie Mae made them participate in those low – income mortgages in order to buy theirs .

.. Also , they did not have to have any capital backing them as investments . When these stinkers went down , then the banks were left holding the bag .That is where the banking crisis came from : leftist politics …

Advertisements

Posted in personal opinion | Tagged: , , , , , , , , , | Leave a Comment »

… Try ” Screw You , POTUS ! ” [#Exec Amnesty offer]…

Posted by paulfromwloh on Thursday,November 13th,2014

.. POTUS offers to roll back his proposed Exec Order(s) on Illegal Alien amnesty , iff the GOP passes legislation on Comprehensive Immigration Reform …

.. [h/t — m.NationalReview.com]..
.. [link] to the blog news …

.. of course , His Arrogance wants the bill to be to his specs …

.. try : ” Screw You , POTUS ! ” … behave , and enforce the law as written …

Posted in personal opinion | Tagged: , , , , , , , , | Leave a Comment »

… good ol’ boy Al Sharpton is going to love This …

Posted by paulfromwloh on Wednesday,April 16th,2014

.. now that his past life as a snitch and a rat , also as a blackmailer and defiler , is back in the news , Al Sharpton has made himself a ripe target for comics and comedians the world over …

.. [h/t — Newsmax]..
.. [link] to the skit segment …

.. this is a guy who has every bit of this skewering coming to him . He has richly deserved it for years , and now he is going to get it in spades , to say the least ….

Posted in humour, personal opinion, sarcasm | Tagged: , , , , , , | Leave a Comment »

… More on a Fine Whine [#Eric Holder]…

Posted by paulfromwloh on Friday,April 11th,2014

.. to be honest ,what in the hell is Eric Holder doing in front of a criminal organization like N.A.N. ??

.. they were formed as a criminal front organization . Especially as a front organ for the antics and blackmail tactics of the so – called ” Reverend , ” Al Sharpton . Sharpton had to do something …

.. After the schemes with the F.B.I. and the drug dealing blew up , then the blackmail scheme with Tamara Brawley and now the Crown Heights riots , Sharpton had to go to ground . He had to find something to start to rehabilitate his reputation . Plus , he had to shed ” tons . ” Running around in those jogging suits made him look like an idiot …

.. [h/t — theRightScoop]..
.. [link] to the speech footage ..

.. Holder has no right to complain …. None , whatsoever . How he can whine like this , it is beneath the dignity of his office . Ideally , he should know better . Unfortunately , he does not care one whit about it …

Posted in corruption, disgraceful, personal opinion | Tagged: , , , , , , , , | Leave a Comment »