Difference between revisions of "2008 mortgage crisis/Clinton"
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==Links== | ==Links== | ||
===Citations=== | ===Citations=== | ||
| + | * '''2008-09-18''' [http://www.foxnews.com/story/0,2933,424945,00.html Analysis: Reckless Mortgages Brought Financial Market to Its Knees] ([[John R. Lott, Jr.]], [[FOX News]]): cites [http://econpapers.repec.org/article/oupecinqu/v_3A36_3Ay_3A1998_3Ai_3A1_3Ap_3A3-28.htm 1998 research] by [[University of Texas at Dallas]] economics professor [[Stan J. Liebowitz]] and fellow UTex prof [[Ted Day]] which argues that evidence of discrimination in lending is due to data irregularities and that "currently fashionable" lending practices intended to counter such discrimination "may have the unintended consequences of increasing defaults for the 'beneficiaries' of these policies". (Whether or not its argument holds up under examination, this seems to be a good piece of reporting worth further investigation and analysis. Lott, however, is a controversial character, and any assertions he makes should be checked carefully.) | ||
| + | * '''2008-09-19''' [http://www.wnd.com/index.php?fa=PAGE.view&pageId=75717 Guess again who's to blame for U.S. mortgage meltdown] ([[WorldNetDaily]]): cites an upcoming [[Housing America: Building out of a Crisis|book]] by [[University of Texas at Dallas]] economics professor [[Stan J. Liebowitz]], a [http://articles.latimes.com/1999/may/31/news/mn-42807 1999 LA Times article] praising the rise in minority home ownership, Lott's 9/18 FOX News op-ed, and the [[1999-09-30 Fannie Mae Eases Credit To Aid Mortgage Lending|1999 NYT]] article | ||
* '''2008-09-21''' [http://www.sundriesshack.com/2008/09/21/the-roots-of-the-subprime-mortgage-mess-have-clinton-all-over-them/ The Roots of the Subprime Mortgage Mess Have Clinton All Over Them] (@[[The Sundry Shack]]) | * '''2008-09-21''' [http://www.sundriesshack.com/2008/09/21/the-roots-of-the-subprime-mortgage-mess-have-clinton-all-over-them/ The Roots of the Subprime Mortgage Mess Have Clinton All Over Them] (@[[The Sundry Shack]]) | ||
| − | ** | + | ** Appears to be an original observiation; its citations ([[2004-02-07 Subprime loan market grows despite troubles|2004 USA Today]], [http://clinton6.nara.gov/1993/12/1993-12-08-briefing-by-bentsen-and-rubin.text.html 1993 White House], [http://www.city-journal.org/html/10_1_the_trillion_dollar.html 2000 City Journal]) aren't found in any of the earlier pieces. |
* '''2008-09-23''' | * '''2008-09-23''' | ||
| − | ** [[2008-09-23 Blame Fannie Mae and Congress For the Credit Mess]], ''[[Wall Street Journal]]'' op-ed by Charles W. Calomiris and Peter J. Wallison | + | ** [[2008-09-23 Blame Fannie Mae and Congress For the Credit Mess]], ''[[Wall Street Journal]]'' op-ed by [[Charles W. Calomiris]] and [[Peter J. Wallison]] |
*** does not mention Clinton, but rather assigns blame to some events in 2003-2005 for which they hold Democrats and [[Barack Obama]] partly responsible | *** does not mention Clinton, but rather assigns blame to some events in 2003-2005 for which they hold Democrats and [[Barack Obama]] partly responsible | ||
*** also defends deregulation and claims that it is not responsible for the problem (so what was that 2005 reform bill supposed to do, if not improve regulation?)... just ignore those trillion$ of derivatives investments... | *** also defends deregulation and claims that it is not responsible for the problem (so what was that 2005 reform bill supposed to do, if not improve regulation?)... just ignore those trillion$ of derivatives investments... | ||
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* '''2008-09-30''' [http://www.mrswing.com/articles/Sergeant_Pepper_and_Housing.html Sergeant Pepper and Housing] ([[MrSwing]]) | * '''2008-09-30''' [http://www.mrswing.com/articles/Sergeant_Pepper_and_Housing.html Sergeant Pepper and Housing] ([[MrSwing]]) | ||
* '''2008-10-03''' [http://online.wsj.com/article_email/SB122298982558700341-lMyQjAxMDI4MjAyMzkwODM5Wj.html How Government Stoked the Mania]: again the WSJ... | * '''2008-10-03''' [http://online.wsj.com/article_email/SB122298982558700341-lMyQjAxMDI4MjAyMzkwODM5Wj.html How Government Stoked the Mania]: again the WSJ... | ||
| + | * '''2008-10-09''' [[youtube:ivmL-lXNy64|EVIDENCE FOUND!!! Clinton administration's "BANK AFFIRMATIVE ACTION" They forced banks to make BAD LOANS and ACORN and Obama's tie to all of it!!!]] (video): seems to be introducing additional evidence, but my audio isn't working at the moment | ||
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===Rebuttals=== | ===Rebuttals=== | ||
* '''2008-09-30''' [http://wonkroom.thinkprogress.org/2008/09/30/conservatives-cra/ Conservatives Try To Dodge Responsibility For Crisis By Blaming Poor People] | * '''2008-09-30''' [http://wonkroom.thinkprogress.org/2008/09/30/conservatives-cra/ Conservatives Try To Dodge Responsibility For Crisis By Blaming Poor People] | ||