Fannie Mae Eases Credit To Aid Mortgage Lending - New York Times

September 30, 1999

Fannie Mae Eases Credit To Aid Mortgage Lending - New York Times

In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders...

''Fannie Mae has expanded home ownership for millions of families in the 1990's by reducing down payment requirements,'' said Franklin D. Raines, Fannie Mae's chairman and chief executive officer. ''Yet there remain too many borrowers whose credit is just a notch below what our underwriting has required who have been relegated to paying significantly higher mortgage rates in the so-called subprime market.''

Clearly, it is all George Bush' fault.

Quote of the Day

Politics | | Seattle Times Newspaper

"I get why she's hot out there, why she's doing well."

...described Palin's appeal by adding, "People look at her, and they say, 'All those kids. Something that happens in everybody's family. I'm glad she loves her daughter and she's not ashamed of her. Glad that girl's going around with her boyfriend. Glad they're going to get married.'"

...voters would think, "I like that little Down syndrome kid. One of them lives down the street. They're wonderful children. They're wonderful people. And I like the idea that this guy does those long-distance races. Stayed in the race for 500 miles with a broken arm. My kind of guy."

Palin, the governor of Alaska, became an overnight star when Republican presidential candidate John McCain tapped her for his running mate. Her family, including her Down syndrome baby, Trig, her pregnant 17-year-old daughter, Bristol, and her husband, Todd, four-time winner of the 2,000-mile Iron Dog snowmobile race, have garnered intense media interest.

"I get this... My view is ... why say, ever, anything bad about a person? Why don't we like them and celebrate them and be happy for her elevation to the ticket? And just say that she was a good choice for him and we disagree with them?"

- Bill Clinton

Washington Post Asserts the Washington Post is not a credible source!

From: JohnMcCain.com - McCain-Palin 2008

Washington Post Attacks Washington Post

The Washington Post's Michael Dobbs fact checks the ad this campaign released yesterday titled "Advice":

So what evidence does the McCain campaign have for the supposed Obama-Raines connection? It is pretty flimsy, but it is not made up completely out of whole cloth.

Pretty flimsy? As Dobbs goes on to say, that "pretty flimsy" source is his own paper, the Washington Post. The Post reported that Raines had "taken calls from Barack Obama's presidential campaign seeking his advice on mortgage and housing policy matters." It then recycled that information into two more pieces, one of which was an editorial. But we're willing to make a deal. If Dobbs admits his newspaper is not a credible source, we'll take down the ad.

Obama, Biden voted for Bridge to Nowhere Twice

Bridge Politics by Phil Kerpen on NRO Financial

McCain voted against the bill once, missing the second vote. Obama and Biden voted for it twice.

They are calling Palin a "liar" about her claim of killing the bridge, but they should tread carefully. The bill they voted for (twice) that earmarked monies for the bridge was in fact, and surprisingly, killed by Palin upon becoming governor of Alaska.

So the facts are plain. When it mattered, Gov. Palin stood up to Sen. Stevens and dealt the Bridge to Nowhere its death blow. This is something the U.S. Congress and senators Obama and Biden failed to do on multiple occasions.

And while it’s true that John McCain, unlike his running mate, has always opposed pork-barrel earmarks, Sarah Palin, unlike Obama and Biden, did the right thing when it counted most and stopped an egregious example of earmark abuse. And now, of course, Palin has joined McCain in calling for an end to earmarks.

Isn’t it better to come around to the right position than to keep on being wrong?

Community Organizer FAQ

IMAO: Community Organizer FAQ

Finally, a clear and concise explanation of what a "Community Organizer" is.

Sarah Palin?

Althouse: So what did you think of Sarah Palin?:

"From now on, when a Democrat says 'But what if McCain drops dead on his first day in office?!?!?!' I'm going to say 'dude -- don't tease me like that.'"