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04/22/10
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Media Matters: Hannity falsely suggests Community Reinvestment Act caused financial crisis
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6 comments
Comment from: grygus [Member]
So let me get this straight: FOX's position is that rich people shouldn't pay taxes, and poor people control the economy?
04/22/10 @ 08:18
Comment from: Ragamuffin [Member] · http://keephip.com
Almost, but not quite.
Their position is that loans made to poor folks, which by definition will be smaller in size, can topple the entirety of the world's economy if some of these "sub prime" loans don't get paid back.
Their position is that loans made to poor folks, which by definition will be smaller in size, can topple the entirety of the world's economy if some of these "sub prime" loans don't get paid back.
04/22/10 @ 08:37
Comment from: grygus [Member]
I don't see the difference. You're saying that poor people can decide to destroy the economy by not repaying their loans. The power to destroy a thing is absolute power over that thing.
04/22/10 @ 10:53
Comment from: Ragamuffin [Member] · http://keephip.com
If you toss in the word phantasmal somewhere, sure.
04/22/10 @ 10:57
Comment from: grygus [Member]
If you have a point to make, you should make it more clear. That looks like a non sequitur to me.
04/22/10 @ 11:08
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