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Obama Sued Citibank Under CRA to Force it to Make Bad Loans – UPDATED
Do you remember how we told you that the Democrats and groups associated with them leaned on banks and even sued to get them to make bad loans by abusing the Community Reinvestment Act (see HERE and HERE)? The abuse of this act by ACORN and officials like Janet Reno was a factor in causing the economic crisis. The harassment suits filed under this act were used to get banks to lower credit standards and hand out high risk loans. We have dug up the lawsuit below while researching Obama’s legal career. It is a typical example of an ACORN harassment lawsuit. In these lawsuits, ACORN makes a bogus claim of Redlining (denying poor people loans because of their ethnic heritage / Being a NIGGER ![]() |
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Blacks are robbing this country blind. They got this GREAT IDEA to HELP NIGGERS by "revitalizing" decaying urban areas with someone else's money.. "Why, we'll just MAKE the banks loan to them!" Liberals cried.. Figuring that Niggers are perfectly credit worthy, honest and hard working creatures who are merely "disadvantaged" Sounds great, except it can't work. You can't just FORCE banks to make bad loans. But they have a religious zeal about such things, so they did it to try and "help" Instead they kicked off the biggest market bubble in history.. By the time the speculators got in, everybody was doomed. The banks came up with ways to sell the bad loans in bundles as a hedge.. Which is really all they could do, considering.. Then the roof caved in and all they can do is point fingers and scream at the sky.. |
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#7 |
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Obama Sued Citibank Under CRA to Force it to Make Bad Loans – UPDATED |
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#9 |
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Obama Sued Citibank Under CRA to Force it to Make Bad Loans – UPDATED |
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#10 |
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#15 |
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What are they going to do with the niggers? http://quickfacts.census.gov/qfd/states/26/2622000.html |
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#16 |
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The Banks are making Loans again. I also believe they are hiding those bad loans so their books don't look so bad. Remember they hire the smartest people money can buy to look for every angle. They are sitting on a lot of foreclosed property also. I've noticed Banks are making car loans and business loans too. Maybe we should give the Banksters some props. They're steering the economy in the right direction. Now if we can just reduce the Damn Deficit.
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#17 |
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I don't know, they make up 82% of Detroit's population. |
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![]() http://youtu.be/uhtabJn7ilg http://youtu.be/RdVMQbZwP-0 ~~~~~~~~~~~~~~~~~~~~~~~~~ FATTEST POORPEOPLE IN HISTORY.... |
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#20 |
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