tag:blogger.com,1999:blog-7428262663623493707.post2353556749341407345..comments2023-10-29T05:58:20.875-04:00Comments on Aunt Jemima's Revenge: McCain's Chief Economic Advisor Is A Idiot!Unknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7428262663623493707.post-48791398415904539222008-07-12T16:01:00.000-04:002008-07-12T16:01:00.000-04:00Your readers should know that in his capacity as C...Your readers should know that in his capacity as Chairman of the Senate Banking Committee, Mr. Grahm replaced a very good "Truth in Lending Law" which protected borrowers from bank fraud, with the system we have now. He inserted the new law <BR/>IN THE DEAD OF NIGHT without review or debate by his colleagues. It is the system whereby the banks "bundle" good and bad mortgages together, label them as prime investments, and sell shares in them.<BR/>The mortgage company thus regains its investment, and is no longer holding the bag when the homeowner defaults. <BR/><BR/>Grahm's specific role in dismantling the "Truth in Lending Law" is described by journalist David Korn in the 07/09 edition of DEMOCRACY NOW. <BR/>He calls Mr. Grahm - "FORECLOSURE PHIL":<BR/><BR/><BR/>http://www.democracynow.org/2008/7/9/foreclosure_phil_journalist_david_corn_onsevenofninehttps://www.blogger.com/profile/06303491865506370339noreply@blogger.comtag:blogger.com,1999:blog-7428262663623493707.post-17087051467332889932008-07-11T10:05:00.000-04:002008-07-11T10:05:00.000-04:00Shirley & Kit -Well said and I agree.Shirley & Kit -<BR/><BR/>Well said and I agree.Dr. Tracey Salisburyhttps://www.blogger.com/profile/06209154351201523646noreply@blogger.comtag:blogger.com,1999:blog-7428262663623493707.post-55066070513156609582008-07-10T21:07:00.000-04:002008-07-10T21:07:00.000-04:00I truly believe McCain is suffering from the later...I truly believe McCain is suffering from the later part of the early stages of Alzheimers. Phil Gram, on the other hand, is just a criminal.Kit (Keep It Trill)https://www.blogger.com/profile/03027769872237001801noreply@blogger.comtag:blogger.com,1999:blog-7428262663623493707.post-32512328325603415792008-07-10T19:00:00.000-04:002008-07-10T19:00:00.000-04:00McCain and his "Blame America First" campaign: He ...McCain and his "Blame America First" campaign: He blamed Americans for the mortgage crisis already. Now, he says that we're in this economic mess because of our collective "victim" status and whining. I can't wait for the conventions so hopefully Obama can call him out on all this crap.<BR/><BR/>The picture of McCain and Gramm with this post is just so creepy.Shurlhttps://www.blogger.com/profile/02309793068718509577noreply@blogger.com