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I was recently led to believe that in January of 2009, Barack Obama would become the most powerful man in the world. Well evidently, I was wrong.
The President-elect tells ABC News' Barbara Walters in an interview airing Wednesday night that he's trying to talk the Secret Service and others into letting him keep his wireless device.
"I'm negotiating to figure out how can I get information from outside of the 10 or 12 people who surround my office in the White House.
Hey, if I was the most powerful man in the world, I certainly would not be negotiating with people WHO WORKED FOR ME!!! I'd keep my damned personal Blackberry, my TiVo, my favorite Scooby Doo Underoos and anything else I damned well wanted.
If he can't make his own staff mind his will, what will the evil doers of the world extort from him?
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13 comments:
Most Powerful?
Actually he looks like a skinny little wimp boy. Kind of like Hitler was.
O, and .................. EAT THIS>>>>
Jughead is the dupe of those who installed him. He is their 'boy'. He "rules" only the white gun-toting bible-thumpers they will allow him to "rule".
That's a good point Jimbo. I'll bet his worshipers really believe he's gonna be running things. They will of course refuse to see the strings holding him up, or who's pulling them.
Amd what's with that sign on the "presidential-like" podium he uses? "The Office of the President Ellect"? When did that become an official office? During the campaign, Yomama's followers made a sign for him that looked mysteriously like the official presidential seal. In fact, it was an exact copy! After someone caught on and made a stink, they got rid of it. If you look close at his new sign, you'll notice that fake seal is still there (at the very top) but they made it a lot smaller. Talk about being pushy!
Since he's taking so many of Clinton's people with him, do you think Monica will get a closet post?
click my name for an important message that I don't want to keep repeating
Links to new terror alerts for NYC and beyond
YO, DOUCHE GARGLE! Hey HLF!!!!!
Yes YOU, you Moron Liberal Hershey Squirt. Read this (if you can) then you can consider yourself educated. This came from the 'Paper of Record' before they hired a bunch of Uncle Fkcrs like you. It is the truth:
Fannie Mae Eases Credit To Aid Mortgage Lending
By STEVEN A. HOLMES
Published: September 30, 1999
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.
The action, which will begin as a pilot program involving 24 banks in 15 markets -- including the New York metropolitan region -- will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans. Fannie Mae officials say they hope to make it a nationwide program by next spring.
Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.
In addition, banks, thrift institutions and mortgage companies have been pressing Fannie Mae to help them make more loans to so-called subprime borrowers. These borrowers whose incomes, credit ratings and savings are not good enough to qualify for conventional loans, can only get loans from finance companies that charge much higher interest rates -- anywhere from three to four percentage points higher than conventional loans.
''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.''
Demographic information on these borrowers is sketchy. But at least one study indicates that 18 percent of the loans in the subprime market went to black borrowers, compared to 5 per cent of loans in the conventional loan market.
In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980's.
''From the perspective of many people, including me, this is another thrift industry growing up around us,'' said Peter Wallison a resident fellow at the American Enterprise Institute. ''If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.''
Under Fannie Mae's pilot program, consumers who qualify can secure a mortgage with an interest rate one percentage point above that of a conventional, 30-year fixed rate mortgage of less than $240,000 -- a rate that currently averages about 7.76 per cent. If the borrower makes his or her monthly payments on time for two years, the one percentage point premium is dropped.
Fannie Mae, the nation's biggest underwriter of home mortgages, does not lend money directly to consumers. Instead, it purchases loans that banks make on what is called the secondary market. By expanding the type of loans that it will buy, Fannie Mae is hoping to spur banks to make more loans to people with less-than-stellar credit ratings.
Fannie Mae officials stress that the new mortgages will be extended to all potential borrowers who can qualify for a mortgage. But they add that the move is intended in part to increase the number of minority and low income home owners who tend to have worse credit ratings than non-Hispanic whites.
Home ownership has, in fact, exploded among minorities during the economic boom of the 1990's. The number of mortgages extended to Hispanic applicants jumped by 87.2 per cent from 1993 to 1998, according to Harvard University's Joint Center for Housing Studies. During that same period the number of African Americans who got mortgages to buy a home increased by 71.9 per cent and the number of Asian Americans by 46.3 per cent.
In contrast, the number of non-Hispanic whites who received loans for homes increased by 31.2 per cent.
Despite these gains, home ownership rates for minorities continue to lag behind non-Hispanic whites, in part because blacks and Hispanics in particular tend to have on average worse credit ratings.
In July, the Department of Housing and Urban Development proposed that by the year 2001, 50 percent of Fannie Mae's and Freddie Mac's portfolio be made up of loans to low and moderate-income borrowers. Last year, 44 percent of the loans Fannie Mae purchased were from these groups.
The change in policy also comes at the same time that HUD is investigating allegations of racial discrimination in the automated underwriting systems used by Fannie Mae and Freddie Mac to determine the credit-worthiness of credit applicants.
A. They counted WELFARE and FOOD STAMPS as income to qualify.
B. Franklin D. Raines is Obamas cabinet money guy.
C. Fannie May et all the banks are part of the milions of $s Bildo has recieved in 'speaking fees' (well that, and a few Chubby Trailer Trash hookers tossed in as a appearance perk).
Oh and this was lobbied by the Clintons for years in case you can't count
Dubbya tried EIGHTEEN TIMES to place restrictions on this losing lending legacy but was overrided by all the liberals (like Barney Fag) who were (and still are) getting huge bribes from the banks.
U R A Douche for Brains.
re:"office of the President-Elect"
Technically, he's not the President-Elect yet; not until the Electoral College votes. Won't catch him tellin' anybody that, though.
Bill & Spidey, You guys be careful on the subway (if you use it), and have a Happy Thanksgiving.
Aww Lady-Bug, your holiday wishes and concern are truly heart-warming. But in the event of trouble, my jacketed hollow points can warm a heart even faster. Besides, blowing up this place again might be the best thing. We can re-build and "maybe" get it right the next time.
A Happy Thanksgiving to you and yours! ;)
P.S. Nice job Poots, but you're wasting your time on that liberal fag.
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