ZOG Caused Housing Crisis

[MonkeySeeMonkeyDo]

2ytqy6al]

[Anonymous]

common MonkeySeeMonkeyDo, people are not ment to think that way, it is against their programming heaven forbid. What hater made this?

[CrackSmokeRepublican]

Sadly a lot of "immigrants" Post-1965  and "Minorities" along with recently de-industrialized "Whites"  were used by Jews to Bankrupt basically America and the world by extension via "Packed Credit Instruments", "Shadow Banking" and "MBS" type Jew Scam deal-loans.... Freddie Mac was Jew-Minority corruption central as was the Jew Ponzi Scheme at "SubPrime Central CountryWide. The Global Financial Crisis at heart is Jewish:


http://en.wikipedia.org/wiki/Subprime_mortgage_crisis

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High-risk mortgage loans and lending/borrowing practices

In the years before the crisis, the behavior of lenders changed dramatically. Lenders offered more and more loans to higher-risk borrowers,[73] including illegal immigrants.[74] Subprime mortgages amounted to $35 billion (5% of total originations) in 1994,[75] 9% in 1996,[76] $160 billion (13%) in 1999,[75] and $600 billion (20%) in 2006.[76][77][78] A study by the Federal Reserve found that the average difference between subprime and prime mortgage interest rates (the "subprime markup") declined significantly between 2001 and 2007. The combination of declining risk premia and credit standards is common to boom and bust credit cycles.[79]

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Another Jew Scam story using the "minority wedge":
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http://en.wikipedia.org/wiki/Countrywide_Financial

History

Countrywide was founded in 1969 by David S. Loeb and Angelo Mozilo. Loeb died in 2003.[10] The initial public offering was less than successful, with company stock trading over the counter at less than $1 per share. In 1985 Countrywide stock was re-listed on the New York Stock Exchange under the ticker symbol CFC.

Countrywide's stock has been described as the "23,000% stock" by Fortune magazine. Between 1982 and 2003, Countrywide delivered investors a 23,000.0% return, exceeding the returns of Washington Mutual, Wal-Mart, and Warren Buffett's Berkshire Hathaway.[11]


"Friends of Angelo" VIP program (Christopher Dodd's Jew'd Lawyer Father prosecuted the Nazis at Nuremburg -- he's Jew Corruption Central in US Banking...    :down: )
Further information: Countrywide financial political loan scandal

In June 2008 Conde Nast Portfolio reported that numerous Washington, DC politicians over recent years had received mortgage financing at noncompetitive rates because the corporation considered the officeholders "FOA's"—"Friends of Angelo". The politicians extended such favorable financing included the chairman of the Senate Banking Committee, Christopher Dodd, the chairman of the Senate Budget Committee and Kent Conrad. The article also noted Countrywide's political action committee had made large donations to Dodd's campaign.[20] Senator Dodd proposed that the federal government buy up to $400 Billion in defaulted mortgages.[21] Citizens for Responsibility and Ethics in Washington (CREW) has called for House and Senate to investigate Senators Conrad and Dodd.[22]

It was reported that James Johnson, former CEO of Fannie Mae and an adviser to presidential candidate Barack Obama, had received loans under the "Friends of Angelo".[23] Johnson announced he would step down from the vice-presidential vetting position on June 11, 2008 in order to avoid being a distraction to Obama's campaign.

In June 2008 The Wall Street Journal reported that Franklin Raines, a former CEO of Fannie Mae, received below market rates loans at Countrywide Financial because the corporation considered the officeholders "FOA's"—"Friends of Angelo" (Countrywide Chief Executive Angelo Mozilo). He received loans for over $3 million while CEO of Fannie Mae.[24] On July 16, 2008, The Washington Post reported that Franklin Raines had "taken calls from Barack Obama's presidential campaign seeking his advice on mortgage and housing policy matters."[25] Subsequent attempts to connect Obama's campaign with Franklin Raines were characterized by The Washington Post as "a stretch".[26]