Mike Huckabee and Judge Napolitano are alarmed by Obama's secret kill li...

top 10 reasons President Obama won't release his college records.

If David Letterman weren't an Obama supporter, he would certainly do the top 10 reasons President Obama won't release his college records. But if he won't, we'll have to. I'll start:

10. Only math course he ever took was on counting votes.

9. Only math course he ever took was on counting votes. (Hey, in Chicago, it's OK to count the same vote more than once.)
8. Failed economics. (That one should be obvious.)
7. Doesn't want Donald Trump to get a tax deduction for giving $5 million to charity because that $5 million contribution to charity would deprive governments of about $2 million in tax revenue.
6. Doesn't want to be reminded that he didn't make the basketball team.
5. What college records? You only have records if you actually go to college.
4. Was so stoned back then that he can't remember which colleges to ask for transcripts. He might have confused Columbia with Colombian.
3. Failed economics. (I don't know why this is on the list; it isn't funny.)
2. Took all the courses he could find with Marx in the title, but never did find one on Groucho, Chico, Harpo, and Zeppo.
1. Too humble to admit that he won the scholarship for Best Foreign Student.

A mosque is NOT like a church or a synagogue!

(1) Facebook


A mosque is NOT like a church or a synagogue! The mosque is the center of life for the umma or Muslim community. It is a court, a school, a cultural and social center, a military command center and often a weapons depot. (This is NOT Islamophobia but REALITY)!

The call to jihad emanates from the mosque. 

Remember: Muslims are primed to hate Christians and Jews. They curse them 17 times daily dur

ing salat. That amounts to more than 6,000 times per year.

Muslim apostate and shariah scholar Sam Solomon has stated, "One mosque in a country is too many."

In 2005, a think tank study found that over 80% of U.S. mosques had been radicalized.

‘People Will Go to Prison’: Beck Breaks Down Obama’s ‘Lying’ on Libya in Fiery Segment > Citizens 4 Freedom

‘People Will Go to Prison’: Beck Breaks Down Obama’s ‘Lying’ on Libya in Fiery Segment > Citizens 4 Freedom

The central thread in the Housing Bubble / Bust

S Sailer: "The central thread in the Housing Bubble / Bust was excessive deregulation in the name of increasing minority lending. But, there are simply no interest groups in America who want to hear that. Sure, trillions evaporated and trillions may evaporate again, but I guess that's a small price to pay for keeping the embarrassing truth covered up."

http://www.vdare.com/posts/i-am-shocked-shocked-to-learn-that-countrywide-financials-loan-practices-were-lax

I Am Shocked, SHOCKED To Learn That Countrywide Financial's Loan Practices Were Lax

By Steve Sailer

Created 10/24/12

Here's the top story in the Washington Post right now:

US suit cites ‘brazen’ mortgage fraud at Countrywide, even after Bank of America purchase [1]
By Associated Press, Updated: Wednesday, October 24, 2:15 PM
NEW YORK — The latest federal lawsuit over alleged mortgage fraud paints an unflattering picture of a doomed lender: Executives at Countrywide Financial urged workers to churn out loans, accepted fudged applications and tried to hide ballooning defaults.
The suit, filed Wednesday by the top federal prosecutor in Manhattan, also underscored how Bank of America’s purchase of Countrywide in July 2008, just before the financial crisis, backfired severely.
The prosecutor, Preet Bharara, said he was seeking more than $1 billion, but the suit could ultimately recover much more in damages.
“This lawsuit should send another clear message that reckless lending practices will not be tolerated,” Bharara said in a statement. He described Countrywide’s practices as “spectacularly brazen in scope.”
He also charged that Bank of America has resisted buying back soured mortgages from Fannie Mae and Freddie Mac, which bought loans from Countrywide.

A relevant fact that has disappeared down the memory hole is that during the Housing Bubble, Angelo Mozilo, CEO of Countrywide, kept boasting that Countrywide was going hog wild in the name of increasing minority homeownership. For example, here's a press release from January 2005. (I suspect that this immediately followed a meeting between Mozilo and Daniel Mudd, head of Fannie Mae, in which Fannie agreed to buy more mortgages from Countrywide).

Countrywide sets $1 trillion goal for real estate loan program [2]
Funding aims to help minority, low-income borrowers [2]
BY INMAN NEWS, FRIDAY, JANUARY 14, 2005.
Countrywide Home Loans today announced an expansion of its We House America initiative to fund $1 trillion in home loans to minorities and lower-income borrowers and communities through 2010.
"The $1 Trillion We House America Challenge, expanded from $600 billion announced in 2003, embodies Countrywide's long-standing commitment to lead the mortgage industry in closing the home-ownership gap for minority and lower-income families and communities," said Angelo Mozilo, Countrywide Financial Corp. chairman and CEO, who announced the initiative at the International Builders' Show in Orlando.
"For several years now, Countrywide has been a leading lender to minorities and lower-income households," Mozilo said. "I am proud of our lending record and pleased to announce the expansion of our lending commitment to $1 trillion." The We House America program has already placed 2.4 million families into homes, Mozilo said that number should nearly triple by 2010.
The company will continue to develop innovative programs emphasizing non-traditional lending criteria, according to the announcement, such as calling for improved underwriting systems that eliminate the over-reliance on traditional credit scores that can mask a borrower's true credit-worthiness.
Countrywide last year launched Optimum Loan, a program that addresses obstacles for hard-to-qualify borrowers, such as allowing for non-occupant co-borrowers, other secondary income, and pooled funds for down payments. ...
"To ensure that this objective is achieved, we intend to expand upon our existing partnerships with specific community groups," Mozilo said.
Henry Cisneros, a Countrywide director and a former secretary of Housing and Urban Development, said, "This company is leading the industry in closing the homeownership gap through ambitious lending commitments, innovative programs, and a strong corporate culture that constantly looks for ways to improve."
Countrywide formalized its commitment to affordable lending more than a decade ago by launching We House America, an initiative to provide increased homeownership opportunities for all Americans. The previous commitment covered the years of 2001-10 and has provided $341 billion of home loans as of Dec. 31, 2004. The company is now extending the goal to $1 trillion by 2010.

And back in February 2003, Mozilo had given a well-publicized Harvard address [3] pledging $600 billion (with a B) in minority and low income mortgages in support of President Bush's October 15, 2002 call for closing the racial gap in homeownership by freeing up lenders from discriminatory regulations like insisting upon down payments.
And Mozillo had been demanding deregulation in the name of minorities from nine years before that, when Cisneros and the Clinton Administration threatened Countrywide with having the Community Reinvestment Act, with all its paperwork, extended to non-bank mortgage lenders like Countrywide if they don't start lending more to minorities:

Eased guidelines seen as key to boost in minority lending [4]

AUTHOR(S) Prakash, Snigdha
PUB. DATE October 1994
SOURCE American Banker; 10/13/1994, Vol. 159 Issue 198, p20 ...
ABSTRACT Presents the guidelines outlines by Angelo Mozilo, chairman of Countrywide Funding Corp. regarding loans awarded to minority borrowers. Recommendation for the Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corp.to loosen underwriting guidelines; Presentation of the guidelines during a speech delivered to the Mortgage Bankers Association.

The central thread in the Housing Bubble / Bust was excessive deregulation in the name of increasing minority lending.
But, there are simply no interest groups in America who want to hear that. Everybody wants to promote their ideologically congenial fragment of the full story.
Sure, trillions evaporated and trillions may evaporate again in the future because nobody wants to learn this lesson of history, but I guess that's a small price to pay for keeping the embarrassing truth covered up.

The articles on VDARE.com are brought to you by the VDARE Foundation. We are supported by generous donations from our readers. Contributions are tax deductible and appreciated.

---

Source URL: http://www.vdare.com/posts/i-am-shocked-shocked-to-learn-that-countrywide-financials-loan-practices-were-lax

Links:
[1] http://www.washingtonpost.com/business/us-sues-bank-of-america-for-1b-for-mortgage-fraud-suit-concerns-countrywide-loans/2012/10/24/6273f68a-1df7-11e2-8817-41b9a7aaabc7_story.html
[2] http://www.inman.com/news/2005/01/5/countrywide-sets-1-trillion-goal-real-estate-loan-program
[3] http://www.jchs.harvard.edu/sites/jchs.harvard.edu/files/m03-1_mozilo.pdf
[4] http://connection.ebscohost.com/c/articles/9411031116/eased-guidelines-seen-as-key-boost-minority-lending

This is a long but so amazing look at the REAL OBAMA

This is a long but so amazing look at the REAL OBAMA, just had to share it....


Thursday, October 4, 2012
Can It All Be a Coincidence?
Warning Signs features my daily commentaries, but I will break with that and share one that is well worth your consideration:

CAN IT ALL BE COINCIDENCE?
by Don Fredrick, ©2012, blogging at The Obama Timeline

(Oct. 1, 2012) — As I noted in the introduction to my book, The Obama Timeline, a jury at a murder trial will often find the accumulated circumstantial evidence so overwhelming that a guilty verdict is obvious—even though there may be no witness to the crime. “The jurors in the Scott Peterson trial believed the collection of evidence more than they believed Scott Peterson. Among other things, the jury thought that being arrested with $15,000 in cash, recently-dyed hair, a newly-grown goatee, four cell phones, camping equipment, a map to a new girlfriend’s house, a gun, and his brother’s driver’s license certainly did not paint a picture of a grieving husband who had nothing to do with his pregnant wife’s disappearance and murder.”

In the four years I have been gathering information about—and evidence against—Barack Hussein Obama, I have encountered hundreds of coincidences that strike me as amazing. None of those coincidences, by themselves, may mean much. But taken as a whole it is almost impossible to believe they were all the result of chance. Consider the Obama-related coincidences:

Obama just happened to know 60s far-left radical revolutionary William Ayers, whose father just happened to be Thomas Ayers, who just happened to be a close friend of Obama’s communist mentor Frank Marshall Davis, who just happened to work at the communist-sympathizing Chicago Defender with Vernon Jarrett, who just happened to later become the father-in-law of Iranian-born leftist Valerie Jarrett, who Obama just happened to choose as his closest White House advisor, and who just happened to have been CEO of Habitat Company, which just happened to manage public housing in Chicago, which just happened to get millions of dollars from the Illinois state legislature, and which just happened not to properly maintain the housing—which eventually just happened to require demolition.

Valerie Jarrett also just happened to work for the city of Chicago, and just happened to hire Michelle LaVaughan Robinson (later Obama), who just happened to have worked at the Sidley Austin law firm, where former fugitive from the FBI Bernardine Dohrn also just happened to work, and where Barack Obama just happened to get a summer job.

Bernardine Dohrn just happened to be married to William Ayers, with whom she just happened to have hidden from the FBI at a San Francisco marina, along with Donald Warden, who just happened to change his name to Khalid al-Mansour, and Warden/al-Mansour just happened to be a mentor of Black Panther Party founders Huey Newton and Bobby Seale and a close associate of Nation of Islam leader Louis Farrakhan, and al-Mansour just happened to be financial adviser to a Saudi Prince, who just happened to donate cash to Harvard, for which Obama just happened to get a critical letter of recommendation from Percy Sutton, who just happened to have been the attorney for Malcolm X, who just happened to know Kenyan politician Tom Mboya, who just happened to be a close friend of Barack Hussein Obama, Sr., who just happened to meet Malcolm X when he traveled to Kenya.

Obama, Sr. just happened to have his education at the University of Hawaii paid for by the Laubach Literacy Institute, which just happened to have been supported by Elizabeth Mooney Kirk, who just happened to be a friend of Malcolm X, who just happened to have been associated with the Nation of Islam, which was later headed by Louis Farrakhan, who just happens to live very close to Obama’s Chicago mansion, which also just happens to be located very close to the residence of William Ayers and Bernardine Dohrn, who just happen to have been occasional baby-sitters for Malia and Natasha Obama, whose parents just happen not to mind exposing their daughters to bomb-making communists.

After attending Occidental College and Columbia University, where he just happened to have foreign Muslim roommates, Obama moved to Chicago to work for the Industrial Areas Foundation, an organization that just happened to have been founded by Marxist and radical agitator Saul “the Red” Alinsky, author of Rules for Radicals, who just happened to be the topic of Hillary Rodham Clinton’s thesis at Wellesley College, and Obama’s $25,000 salary at IAF just happened to be funded by a grant from the Woods Fund, which was founded by the Woods family, whose Sahara Coal company just happened to provide coal to Commonwealth Edison, whose CEO just happened to be Thomas Ayers, whose son William Ayers just happened to serve on the board of the Woods Fund, along with Obama.

Obama also worked on voter registration drives in Chicago in the 1980s and just happened to work with leftist political groups like the Democratic Socialists of America (DSA) and Socialist International (SI), through which Obama met Carl Davidson, who just happened to travel to Cuba during the Vietnam War to sabotage the U.S. war effort, and who just happened to be a former member of the SDS and a member of the Committees of Correspondence for Democracy and Socialism, which just happened to sponsor a 2002 anti-war rally at which Obama spoke, and which just happened to have been organized by Marilyn Katz, a former SDS activist and later public relations consultant who just happened to be a long-time friend of Obama’s political hatchet man, David Axelrod.

Obama joined Trinity United Church of Christ (TUCC), whose pastor was Reverend Jeremiah Wright, a fiery orator who just happened to preach Marxism and Black Liberation Theology and who delivered anti-white, anti-Jew, and anti-American sermons, which Obama just happened never to hear because he just happened to miss church only on the days when Wright was at his “most enthusiastic,” and Obama just happened never to notice that Oprah Winfrey left the church because it was too radical, and just happened never to notice that the church gave the vile anti-Semitic Nation of Islam leader Louis Farrakhan a lifetime achievement award.

Although no one had ever heard of him at the time, Obama just happened to receive an impossible-to-believe $125,000 advance to write a book about race relations, which he just happened to fail to write while using the cash to vacation in Bali with his wife Michelle, and despite his record of non-writing he just happened to receive a second advance, for $40,000, from another publisher, and he eventually completed a manuscript called Dreams From My Father, which just happened to strongly reflect the writing style of William Ayers, who just happened to trample on an American flag for the cover photograph of the popular Chicago magazine, which Obama just happened never to see even though it appeared on newsstands throughout the city.

Obama was hired by the law firm Miner, Banhill and Galland, which just happened to specialize in negotiating state government contracts to develop low-income housing, and which just happened to deal with now-imprisoned Tony Rezko and his firm Rezar, and with slumlord Valerie Jarrett, and the law firm’s Judson Miner just happened to have been a classmate of Bernardine Dohrn, wife of William Ayers.

In 1994 Obama represented ACORN and another plaintiff in a lawsuit against Citibank for denying mortgages to blacks (Buycks-Roberson v. Citibank Federal Savings Bank), and the lawsuit just happened to result in banks being blackmailed into approving subprime loans for poor credit risks, a trend which just happened to spread nationwide, and which just happened to lead to the collapse of the housing bubble, which just happened to help Obama defeat John McCain in the 2008 presidential election.

In 1996 Obama ran for the Illinois State Senate and joined the “New Party,” which just happened to promote Marxism, and Obama was supported by Dr. Quentin Yong, a socialist who just happened to support a government takeover of the health care system.

In late 1999 Obama purportedly engaged in homosexual activities and cocaine-snorting in the back of a limousine with a man named Larry Sinclair, who claims he was contacted in late 2007 by Donald Young, who just happened to be the gay choir director of Obama’s Chicago church and who shared information with Sinclair about Obama, and Young just happened to be murdered on December 23, 2007, just weeks after Larry Bland, another gay member of the church, just happened to be murdered, and both murders just happened to have never been solved. In 2008 Sinclair held a press conference to discuss his claims, and just happened to be arrested immediately after the event, based on a warrant issued by Delaware Attorney General Beau Biden, who just happens to be the son of Joe Biden.

In 2003 Obama and his wife attended a dinner in honor of Rashid Khalidi, who just happened to be a former PLO operative, harsh critic of Israel, and advocate of Palestinian rights, and who Obama claims he does not know, even though the Obamas just happened to have dined more than once at the home of Khalidi and his wife, Mona, and just happened to have used them as occasional baby-sitters. Obama reportedly praised Khalidi at the decidedly anti-Semitic event, which William Ayers just happened to also attend, and the event Obama pretends he never attended was sponsored by the Arab American Action Network, to which Obama just happened to have funneled cash while serving on the board of the Woods Fund with William Ayers, and one speaker at the dinner remarked that if Palestinians cannot secure a return of their land, Israel “will never see a day of peace,” and entertainment at the dinner included a Muslim children’s dance whose performances just happened to include simulated beheadings with fake swords, and stomping on American, Israeli, and British flags, and Obama allegedly told the audience that “Israel has no God-given right to occupy Palestine” and there has been “genocide against the Palestinian people by (the) Israelis,” and the Los Angeles Times has a videotape of the event but just happens to refuse to make it public.

In the 2004 Illinois Democrat primary race for the U.S. Senate, front-runner Blair Hull just happened to be forced out of the race after David Axelrod just happened to manage to get Hull’s sealed divorce records unsealed, which just happened to enable Obama to win the primary, so he could face popular Republican Jack Ryan, whose sealed child custody records from his divorce just happened to become unsealed, forcing Ryan to withdraw from the race, which just happened to enable the unqualified Obama to waltz into the U.S. Senate, where, after a mere 143 days of work, he just happened to decide he was qualified to run for President of the United States.

Obama just happened to save $300,000 on the purchase of a $1.65 million Chicago mansion for which he deposited only $1,000 in earnest money, while the seller’s adjacent empty lot which was appraised at no more than $500,000 just happened to be sold at the inflated price of $625,000 to Rita Rezko, who just happened to earn only $37,000 per year working for Cook County government, and who just happened to be married to Tony Rezko, who just happened to be Obama’s main money man for his political campaigns, and who only days before the Obama mansion purchase just happened to obtain a $3.5 million loan from wealthy Iraqi Nadhmi Auchi, who just happened to have been kicked out of Iraq, and who just happened to have been convicted of corruption charges in France, and who just happened to ask Rezko to ask then-U.S. Senator Obama to help him obtain a visa to travel to the United States.

Rita Rezko just happened to borrow the money for the $625,000 empty lot from the Mutual Bank of Harvey, which just happened to be run by Tony Rezko’s pal Amrish Mahajan, whose wife Anita just happened to have been charged with fraudulently receiving $2 million in Illinois taxpayer dollars for drug tests never performed by her company, K. K. Bio-Science, which just happened to have a no-bid contract with the state, and whose computers just happened to disappear right before investigators arrived to take them away for evidence.

Obama just happened to obtain a $1.32 million mortgage for his mansion even though the payments of $8,000 per month (plus at least $1,500 per month in property taxes) exceeded 50 percent of his $162,100 U.S Senate salary income, and even though Michelle Obama was claiming that she and her husband were still paying off substantial student loans and were struggling to pay for piano lessons for their daughters, one of whom just happens to look remarkably like one of the daughters of Malcolm X.

Obama just happened to obtain his mansion mortgage from Northern Trust Bank, whose Board of Directors just happened to include Susan Crown, who just happened to be part of the wealthy Crown family, which just happened to donate to Obama’s campaigns, and which just happened to have ownership in defense contractor General Dynamics Corporation, and the Crown family just happened to sit on the board of energy company Exelon, formerly known as Commonwealth Edison, which just happened to have had Thomas Ayers as its CEO, and the Crown family also owned the Maytag appliance company, which just happened to move its operations to Mexico, after its employees just happened to donate to Obama’s campaign, after he just happened to pledge that he would keep their jobs in Galesburg, Illinois.

In June 2005, just months after Obama became a U.S. Senator, Michelle Obama just happened to be named a “non-executive director” of the board of TreeHouse Foods, a supplier of Wal-Mart, for a salary of $51,200 in 2005 and $101,083 in 2006, and she just happened to be given 7,500 TreeHouse stock options, worth approximately $72,375, even though she just happened to know nothing about the private sector or running a business.

In 2006 Obama pushed for a $1 million earmark for the University of Chicago, and his wife Michelle just happened to be promoted to Vice-President of Community and External Affairs for the hospitals with a salary increase from $121,900 to $316,962, and she just happened to receive public relations help from Obama’s political strategist David Axelrod, whose mother just happened to write for a communist newspaper.

In 2006 Sarah P. Herlihy, an associate of the Chicago law firm of Kirkland and Ellis, whose employees later contributed $87,722 to Obama’s presidential campaign, and whose partner Bruce I. Ettleson just happened to be a member of Obama’s campaign finance committee, just happened to write a paper calling for the elimination of the “natural born citizen” requirement in the U.S. Constitution.

Obama just happened to visit Kenya in 2006 to support his cousin, Raila Odinga, a Muslim socialist candidate for president, who just happened to have ties to both al-Qaeda and Libya’s Muammar Qaddafi, and who just happened to have been educated in communist East Germany, and who just happened to name his son Fidel, and who just happened to plan on establishing Shari’ah Muslim law in Kenya, and whose activities prompted the Kenyan government to lodge an official protest of Obama’s passport abuse and misconduct, and Obama’s actions just happened to have been denounced by the U.S. State Department as being in direct opposition to U.S. National Security, and after Odinga, for whom Obama just happened to have raised $950,000, lost the election, his Muslim followers just happened to burn Christian women and children alive in a church where they had sought refuge.

In 2006 Obama endorsed Alexi Giannoulias in his race for Illinois State Treasurer and stated that he is “…one of the most outstanding young men I could ever hope to meet”—even though Giannoulias just happened to be only 29 years old and even though his family’s Broadway Bank just happened to finance Chicago crime figures like Michael “Jaws” Giorango, a Chicago thug with convictions for bookmaking and promoting prostitution, and even though virtually all of Chicago’s Democrat politicians were keeping their distance from Giannoulias, whose reputation was so questionable he even failed to get the endorsement of the Chicago Democrat Party—which just happens to almost never be concerned about questionable reputations.

Obama’s mother, Stanley Ann Dunham, once worked for the Ford Foundation’s Asia program, which just happened to be run by Peter Geithner, who just happened to be the father of Timothy Geithner, who just happened to neglect to pay Social Security taxes on much of his income, which just happened to somehow qualify him to be Obama’s Treasury Secretary.

During the 2008 campaign Obama’s passport records just happened to have been illegally searched by an employee of a firm headed by John O. Brennan, and Lt. Quarles Harris, Jr., who was cooperating with federal investigators in connection with the incident, just happened to be found with a bullet in his head, and the murder just happened never to be solved, and Obama later just happened to make Brennan his terrorism and intelligence advisor.

On election night in 2008 in Chicago’s Grant Park, Obama just happened to wear a black suit and a red tie, and his older daughter just happened to wear a red dress, and his younger daughter just happened to wear a stark black dress, and his wife Michelle just happened to wear an arguably unattractive black dress that appeared to have a giant red X design, which just happened to prompt some to wonder if their clothing just happened to denote black power, communism, and Malcolm X, and at the very least prompted others to wonder why anyone would have his daughter wear a jet-black dress for a celebratory occasion—or where one could even just happen to find a store that sells black dresses for little girls.

From election night forward there are hundreds of other “just happeneds,” not the least of which is the long-form birth certificate released by Obama in April 2011 which just happened to consist of multiple image layers, including various objects which can be separated and rotated with computer software—which just happens to be impossible if a birth certificate is merely scanned and not computer-constructed by a forger.

I could go on… but you get the idea.

P.S. If Obama just happens to win reelection on November 6, remember that hyperinflation just happens to be the inescapable consequence of printing trillions of dollars to cover massive government deficits.