On Sunday, my colleague P. J. Gladnick helped break the story about Barack Obama discussing how his carbon cap and trade proposals would bankrupt coal-fired power plants.
Hot Air's Ed Morrissey has found a video of that interview with the San Francisco Chronicle (embedded right).
Sunday evening, the Chronicle's Carla Marinucci refuted claims that she and her paper did anything to hide this information from the public.
Morrissey took issue with Marinucci's position:
Yesterday, Sarah Palin demanded to know why the San Francisco Chronicle sat on this story for so long. The Chronicle responded by noting that the video has been available on their website since January 17th of this year. However, the Chronicle never reported on these quotes from Obama, and these statements certainly seem noteworthy enough to include in any look at Obama’s policies on energy.
Even more oddly, they never provided a transcript of the interview, an almost automatic step for any meeting between national political candidates and the editors of a newspaper. Why didn’t the Chronicle transcribe their meeting in the nine months between then and now? Did they realize how damaging this could be to Obama’s hopes in the middle of the primaries and chose to quietly shelve the interview?
I'm sure we're going to hear more about this in the next few days. Stay tuned.
Editor at Large
Comments Policy
They absolutely DID hide
November 3, 2008 - 10:26 ET by kgThey absolutely DID hide the information. Must have learned that from the LA Times.
"Forget change, I want improvement!"
Shocker:
November 3, 2008 - 10:26 ET by SickofLibs"Adding comments has been disabled for this video"
Did they realize how
November 3, 2008 - 10:37 ET by SeashellDid they realize how damaging this could be to Obama’s hopes in the middle of the primaries and chose to quietly shelve the interview?
The SF Chronical would never obstruct important information from getting out about The One. Mr. Morrissey should apologize to Ms. Marinucci at once for implying it. (I am feeling very sarcastic today!!!)
Inner Strength
November 3, 2008 - 10:43 ET by melpolhttp://www.associate...
The unpopularity of Bush has nothing to do with his internal policies which were good. Americans witnessed an economic boom for over six years of his presidency. But his lies about WMD in Iraq were never forgotten. He helped get us into a war without meaning. It has cost the taxpayers over a trillion dollars with no end in sight and finally broke our economy. Americans are peace loving people and hate war. That unpopular war is the reason for the low approval rating of Bush.
It makes good political sense for McCain to try to distance himself from an unpopular president. He does not want to appear as a war candidate that will repeat the same mistakes. But the voters know he is an old warhorse who comes from a long line of military men. A vote for McCain is a vote for the war policies of Bush.
Obama is a peace candidate. He is a patriotic American that understands that our nation has to be strengthened internally. That is why he will cut the taxes of 95 percent of Americans, rebuild the economy and not waste one cent on a meaningless war. Americans understand his message and that is why he will win by a landslide.
Lies about WMDs in Iraq? I
November 3, 2008 - 11:10 ET by Tim the EnchanterLies about WMDs in Iraq? I guess the 550 tons of yellowcake uranium must have been a figment of everyone's imagination. Ignoramus.
Again with the "Lies about WMD's" talking points...
November 3, 2008 - 11:50 ET by bloolooMan, this is getting old... I guess the 30 or 40 MIG jets buried in the sand don't count as WMD's?? I'll bet that Saddam's air force saved a lot of money on hangars by burying their jets instead of parking them in buildings... although it does make it a little tough to scramble when called to service.
"I might be movin' to Montana soon..." - FZ
uh, oh: Mike Carey,
November 3, 2008 - 15:03 ET by TN Momuh, oh:
Mike Carey, president of the Ohio Coal Association, issued a devastating response to the Obama audiotape today. He states:
Is this post real...
November 3, 2008 - 11:12 ET by writeroneDo you realize that 95 percent of Americans DO NOT pay taxes. In fact, I think it has been pointed out that 40 percent DO NOT pay income taxes AT ALL. Have you been oblivious to the fact that the Obama's tax threshold has dropped from $250,000 to what now - possibly $100,000?
How can the country be strengthen internally when there is a big possibility that we are going to be taxed more than ever? What, do you think, that will do to small business owners? I'm not talking about those evil, evil corporations; but those who keep the country running - the fabric, if you will, of our country. What's going to happen when they have to lay off workers because they can't afford them anymore? How is that going to strengthen the country?
Admitting that you want to bankrupt an industry, aside from evil, evil oil, of course; how is that going to strengthen the country? How do you explain those remarks to 3rd generation miners in WVa., Ohio and such?
Meaningless war? So 9-11 didn't happen? USS Cole didn't happen? Saddam Hussein (oops, I said Hussein, I must be a racist) wasn't a corrupt dictator?
Yep, Obama the peace candidate, but at what cost to us who understand how the country works.
But the voters know he is
November 3, 2008 - 11:17 ET by SeashellBut the voters know he is an old warhorse who comes from a long line of military men.
At least we know who McCain is. Regarding Obama, day after day, new revelations come out about his past and his positions. No one knows what he really thinks and I think that is dangerous.
(1)That is why he will cut the taxes of 95 percent of Americans, (2)rebuild the economy and (3)not waste one cent on a meaningless war.
(1)that's a hoax
(2)I have talked to many small business owners and they say they will not survive if Obama is elected (new taxes, mandating insurance, etc) which will put lots of people out of work. Small businesses are the backbone of this country!!
(3)tell that to a mother or father who has lost a son in battle, I dare you! Furthermore, I believe having an ally in the middle east will be of great importance for our future.
Can't we all just get along?
November 3, 2008 - 12:13 ET by SickofLibs"Obama is a peace candidate."
Brilliant. These dangerous times call for a Mahatma Ghandi?
To the rabid morons on the
November 3, 2008 - 13:37 ET by liberal_bug_zapperTo the rabid morons on the left, a war that liberated more than 25 million people is meaningless. Put aside that there were verifiable WMDs found as well as verifiable trails where we can provide circumstantial evidence that WMDs were moved to Syria by the Russians... putting all that aside... we still freed more than 25 million people and put their country on a path to Liberty.
Obama is the worst candidate this country will have ever put into the presidential race and the fact that the media are complicit in hiding the truth about this scumbag of a human being. There is no such thing as a ‘Peace Candidate’ and anyone who believes that is retarded. Peace is the result of winning a war, and then, staying strong militarily in order to maintain that peace. Obama is just another idiot cheese eating surrender monkey.
____________________________________________________
"I swear, by my life and my love of it, that I will never live for the sake of another man, nor ask another man to live for mine." ~ Ayn Rand
And this relates to the
November 3, 2008 - 14:39 ET by KarmaAnd this relates to the story on coal fired power plants, how?
No representation, without taxation!
melpol
November 3, 2008 - 14:55 ET by TN Momno one here trusts (or reads) The Associated Pricks (AP).
VOTE MCCAIN/PALIN TO SAVE THE COAL INDUSTRY JOBS!
I see a pattern
November 3, 2008 - 10:44 ET by JoelCTHas anyone else noticed how so many members of the MSM have had to explain their "policy" and "position" over the last year or so? They present these hit pieces, or leave out so much information, that the uproar created by their actions require them to post statements full of spin "explaining" why they did it.
It seems like lately we have been seeing these "why we did it" statements weekly. These people are so unbelievably in the tank for Obama they can't even see it when they do it any more, and have to scramble to come up with an expanation for something that for them, seemed perfectly normal.
Too late for some
November 3, 2008 - 10:45 ET by Red JeepThis news comes too late for those who already voted. Early, at the polls voting should be banned. All votes before election day should be absentee by mail.
Stirring Up Trouble
November 3, 2008 - 10:59 ET by JoelCTIt looks like NewsBusters has gained a second of the troublemakers the Obama campaign implored to "stir up trouble" on the Conservative sites, a couple of weeks ago.
Folks, before you respond to these people, remember who they are and what they want. They want you to respond. I think we should treat them like the basement-dwelling losers that they are and ignore them completely.
Good advice. And if we're
November 3, 2008 - 11:06 ET by HelenSGood advice. And if we're really lucky, the basement will flood.
"Let every soul be subject unto the higher powers. For there is no power but of God: the powers that be are ordained of God." - Paul (Rom. 13:1)
To late. I couldn't help
November 3, 2008 - 11:21 ET by SeashellTo late. I couldn't help myself.
Joel
November 3, 2008 - 11:21 ET by BlondeWhile I agree with you that there is a wave of trouble-making trollsters here, I must disagree about ignoring them.
For if we leave their posts unchallenged, there is an implicit assumption that we agree.
If we pick apart their talking points (and generally they won't respond), someone who actually comes here for the first time with an open mind will see the fallacious nature of the Obama supporters, and their spin, nuance, and outright lying.
In his own words (19 seconds): This man is qualified to be VP?
Mornin' J,
November 3, 2008 - 11:32 ET by R D HelmIf we pick apart their talking points (and generally they won't
respond), someone who actually comes here for the first time with an
open mind will see the fallacious nature of the Obama supporters, and
their spin, nuance, and outright lying.
Exactly. :-)
-Dave
The MSM is the 21st Century version of the Ministry of Public Enlightenment and Propaganda
Keeping Me Straight
November 3, 2008 - 12:13 ET by JoelCTThat's why you're one of my favorites here; you keep me thinking straight.
I concur.
But they're so pathetic!
Doh!
November 3, 2008 - 13:05 ET by DontFeedTheTrollsGee, can you guess where I stand on the subject of Trolls?
LOL
D
Keep the ILLEGALS out, join NumbersUSA to send free faxes to your reps.
I was going to respond to
November 3, 2008 - 13:34 ET by Hero SquadI was going to respond to your comment, but I wasn't sure where we stood on feeding Don'tFeedTheTrolls. ;-)
*
Hero's "retro" blog. / "People only insist that a debate stop when they are afraid of what might be learned if it continues." - George Will
SF Chronicle Hides Video!
November 3, 2008 - 11:00 ET by j. frank wilsonObviously the San Francisco Chronicle hid this video! All they did was post the entire interview on their website - and it's been up since January 2008!
The right wing nutz hate the old MSM print media. So they now demand to know why the entire interview wasn't printed in the paper. Conservatives can't be expected to use the Internets to actually research a candidate's positions on the issues. They've seen saying for almost two years no one knows the real Sen. Obama. To actually investigage the mountain of available information on the Senator and his policies would mean they couldn't say that any more!
Noel. LA Times called story [Obama/Coal] Dirty Politics
November 3, 2008 - 11:07 ET by Gary HallHey Noel. Yea, looks like we'll be hearing more about it sure enough; about right after a President Obama bankrupts the coal industry.
The LATimes, today, did what they do best; instead of sending a reporter out to find out about what Obama said and why the SF Chron was keeping the news from a tap-out American energy consumer, they stuck staff writer Seema Mehta with doing the spin. The piece, was filed under "Dirty Politics?" - "A coal-fired squabble." Note: On-line edition headline left out the "Dirty Poltics," going with "Palin criticizes Obama's remarks about coal plants."
Question remains, "Why is the media not calling-ouut the SF Chronicle as conducting "dirty politics," and why is the LA Times not doing an investigative article on just what it is that Obama is up to?
I really get it now. McCain is guilty of negative and "dirty" campaigning because he has been put in the position of reporting the news on the Obama/Biden Campaign, which the MSM has refused to investigate and report on or, has sat on - censoring the news from the voters. Almost without exception, any news from the Obama/Biden camp which the Democratic voters would have perceived as negative for their candidate is only delivered by the MSM's reporting thru the lens of McCain/Palin going negative by bringing it up themselves. This holds true for Ayers; Obama's first election scandals; Biden's horrific national security gaff which included a stab at Obama's inexperience; Obama's lies to Joe the Plumber (working class absolutely did receive tax cuts under Bush)and to scare seniors about SS and Medicare under a McCain administration; Biden's lies recently that the top 1% of income earners for the first time since the roaring 20's make 21% of all the income -- for the record that number went from 13% in 1993 to 21% in 2000 - any hatred for Bill Clinton out there, over that one? (;~/ gary
Big surprise here, Its no
November 3, 2008 - 11:11 ET by play21cwBig surprise here, Its no where to be found on cnn, msnbc. BUT fox has it.. This is just another example of the media trying to get the messiah elected.
I stopped by my local Republican HQ and they were so busy yesterday. I was also told there was a rally in CT, in the town next to me which brought nearly 5,000 people. These two towns combined have a TOTAL population of about 15,000. Not sure how many registered voters (my guess would be around 7,000) but the turnout speaks in volumes.
Coal no Coal
November 3, 2008 - 11:12 ET by JIMMY1660Ladies and gentleman. A little historical information relating to the Coal Business:
The 6 Class One Railroads who have great impact on the USA/ economy will not be happy with BHO, if and when he bankrupts the coal industry. Coal is King with the railroads. Number one revenue maker. Do you think they will sit still while BHO destroys their dollars. I think not. Unless BHO nationalizes the Railroads, but i think not.
Once BHO alienates the Railroads its the end for BHO and his band of merry Socialists.
allow me to Love America
Excellent point.
November 3, 2008 - 11:23 ET by SeashellExcellent point.
Noel - may I suggest a headline change?
November 3, 2008 - 11:18 ET by PunditDotComBy using "Coal Industry" in the headline, you are giving ammunition to the opposition to refute based on exaggeration of The One's comments. I know, I know, that is the clear implication of his words - but his actual statements could be construed as making reference only to newly-built coal plants. (And, Ms. Marinucci, please, where is the follow-up question concerning his plans for all those existing coal-fired plants?!?!?)
If you make the headline "Video of Obama's Bankrupting Coal Plants Remarks", you will take away their ammunition. (I know! I know! They'll still rant and rave - but at least we'll have been clear and accurate...) Just my $0.02..
PDC
November 3, 2008 - 11:24 ET by Noel SheppardPDC,
Well, if coal-fired power plants around the country go bankrupt, how do you think our coal industry will do? ns
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You are exactly right, McCain is the one reporting.
Here is a little theory i came up with reading your article - Everyone hates
the MSM, even before this election, so they decided they were going to play defense
for obama, so that obama would not have to and therefore look like a good guy.
So now you have McCain reporting the news, and the MSM ignores it because it is
coming from "the republicans" so they discredit it. The obama
campaign cries and the MSM sends attack dogs on McCain and anyone else who
questions the Messiah.
This is the plan, Obama is using the media for his defense/offence so he can
then play the role of the ever-so-likable victim.
And so far it has worked, that is until tomorrow when we send this empty
suit back to congress to vote to raise taxes on all and send the Maverick to
the Whitehouse to clean up this country.
The dems are afraid of McCain because he will name names, and cut spending,
then the dems lobbyists wont give them money anymore and the republicans will
have a permanent majority.
Not a Surprise
November 3, 2008 - 11:24 ET by HeaterManWas anyone else at that meeting? Why didn't Fox get on this sooner? They're usually pretty good about catching stuff that the MSM buries. This would have been great about two months ago but now too late. Even if (miracle) this was coverd by msm, best case scenario gives Ohio and PA to McCain. Still not enough.
How many days until election day 2010?
I don't think Florida is all that excited about Obama either....
November 3, 2008 - 11:36 ET by lareeJ.B. White Wraps it up for you Florida is a battle ground state and J.B., thinks Florida is going McCain/Palin.
http://rattlergator....
What does the Gov have to say about bankrupting COAL?
November 3, 2008 - 11:43 ET by LionKingHas anyone heard from Gov Rendell (D-PA) about Obama's plan to bankrupt the COAL industry?
Hope Rush and the rest of
November 3, 2008 - 11:45 ET by Tim the EnchanterHope Rush and the rest of Talk Radio pick this up and run with it.
They are
November 3, 2008 - 13:21 ET by MichelleCNo worries, Rush has already been all over it. My local morning conservative radio guy out here in Washington was all over it as well. I have no doubt that the rest will follow suit.
The president of the West Virginia coal association has also already made a statement about it saying that Obama's comments are unbelievable and uninformed. I guess Biden was correct in his comments on that rope line when he said they don't support clean coal. What idiots.
Republicans believe every day is the 4th of July. Democrats believe every day is April 15th ~ Ronald Reagan
Lying about WMD....
November 3, 2008 - 11:48 ET by BadassBuckeyeI am sick of hearing this comment. There were no lies....
I just recently discharged from the Navy after twelve years. I was over int the Gulf in 2000, I know we dropped bombs on weapons conveys in Iraq. They were headed out of country. They also violated the UN sanctions.
Its not the fault of Bush that the world waited to long to punish a dictator who did not hid the fact he was not following the UN sanction.
Oh and peace loving Obama supported an African genocide when his good buddy lost his election. Obama supplied money and information on how to run his campaign.....now where is that in the MSM?
UMW: Obama loves coal, McCain coal's worst enemy
November 3, 2008 - 12:06 ET by SickofLibsCheck out the UMW website frontpage - www.umwa.org
• The Real McCain Record on Coal
• John McCain has engaged in a long-term attack on coal and coal miner's jobs for years. Get the facts here.
• McCain ads: Not coming clean on coal
... and finally "Barack Obama is on record supporting the development of clean coal technology in the United States"
Wow. They actually now
November 3, 2008 - 13:15 ET by TD in FLWow. They actually now have a rebuttal to the McCain camp's "distortion" of Obama's coal position. The union is really looking out for their members on this one. Obama's talk about "bankrupting coal plants" was clearly taken out of context. What he really meant was that the cap and trade system he wants to implement will make the plant's profits go so high, their banks will be erupting with all kinds of money. A shortened way of saying that is "bankrupting"... with tons of coal plant profits. No? Doesn't stick?
Looks like they left out
November 3, 2008 - 13:28 ET by motherbeltLooks like they left out Biden's "No new coal plants!" remark.
A friend of mine just
November 3, 2008 - 12:07 ET by marpelA friend of mine just emailed this poem to me. I thought it was appropriate to post it here:
'Twas the night before elections
> And all through the town
> Tempers were flaring
> Emotions all up and down!
>
> I, in my bathrobe
> With a cat in my lap
> Had cut off the TV
> Tired of political crap.
>
> When all of a sudden
> There arose such a noise
> I peered out of my window
> Saw Obama and his boys
>
> They had come for my wallet
> They wanted my pay
> To give to the others
> Who had not worked a day!
>
> He snatched up my money
> And quick as a wink
> Jumped back on his bandwagon
> As I gagged from the stink
>
> He then rallied his henchmen
> Who were pulling his cart
> I could tell they were out
> To tear my country apart!
>
> " On Fannie, on Freddie,
> On Biden and Ayers!
> On Acorn, On Pelosi"
> He screamed at the pairs!
>
> They took off for his cause
> And as he flew out of sight
> I heard him laugh at the nation
> Who wouldn't stand up and fight!
>
> So I leave you to think
> On this one final note-
> IF YOU DONT WANT SOCIALISM
> GET OUT AND VOTE!!!!
TA DAHHHH!!
marpel...most excellent...a MUST read...
November 3, 2008 - 12:12 ET by vrwc13Bravo.
v
Is this the only industry Barry will bankrupt?
November 3, 2008 - 12:33 ET by ScandimanI think our beloved Country will be bankrupt by this man and those will will help him to acquire the presidency. Still trying to figure out if this election is a revisit of the 1930's in Germany or the 1970's in the US.
At first, I thought, if we
November 3, 2008 - 12:37 ET by marpelAt first, I thought, if we survived Carter, we'll survive Obammy. But, our problems are much bigger now and there's more to lose. I don't think this country will get over Obammy as easily as we got over Carter.
Thought the same thing...
November 3, 2008 - 12:50 ET by writeronewe proved we could survive Carter, but I don't know what to think about an Obama admin. Do we still have the fight in us? Will people just give up and accept things? It's really discerning, it really is.
Hopefully it's not too late
Surviving Carter
November 3, 2008 - 12:55 ET by LionKing[Sounds like a bad sticom]
Did we really survive Carter? Didn't CRA start with Carter? Didn't CRA lead to the sub-prime lending fiasco?
VIDEO
not only the worst president (so far), but the worst ex...
November 3, 2008 - 13:11 ET by vrwc13'Worst Ex-President'
Author Steven F. Hayward, who has labeled Carter the "worst ex-president" certainly thinks so. In his book, "The Real Jimmy Carter: How Our Worst Ex-President Undermines American Foreign Policy, Coddles Dictators and Created the Party of Clinton and Kerry," Hayward runs down the ways in which America continues to reap the legacy of Carter's missteps, both during his presidential term and after.
When it comes to the belligerence of North Korea, Carter's past involvement has done considerable damage. In the early 1990s, Carter traveled to North Korea on another of his "peacekeeping missions" and brokered a deal with dictator Kim Il Sung. He did so without the blessing of the Clinton administration, although, at the behest of then-Vice President Al Gore, President Clinton later agreed to adopt Carter's deal. The United States ended up providing aid, oil and, incredibly, material for building light-water nuclear reactors to the North Koreans in exchange for their abandoning their nuclear weapons program. The problem is they didn't abandon their nuclear weapons program; they just said they did. And in 2002, they admitted as much. Still, to this day, Carter claims that his approach was a success and that it was President Bush's inclusion of North Korea in the famous "axis of evil" speech that led to current leader Kim Jong Il's hostility toward America.
The fruits of Carter's history with Iran are even more rotten. Carter's abandonment of the shah in 1977-78 helped lead to the Islamic revolution (and the murder or imprisonment of many of the Iranian leftists who had supported overthrowing the shah), the emboldening of the Soviet Union to invade Afghanistan and the rise of radical Islam worldwide. His botched approach to the Iranian hostage crisis of 1979 inspired Islamic terrorists all over the world, culminating in the terrorist attacks of Sept. 11, 2001.
The threat of nuclear war emanating from Iranian President Mahmoud Ahmadinejad can be seen as another offshoot of Carter's ineffective policies. Predictably, Carter and Zbigniew Brzezinski, his former national security adviser, are now pushing for "direct talks" with Iran. But considering the abject failure of U.N.-brokered negotiations (supported by the Bush administration) thus far, it is difficult to imagine how U.S.-led negotiations would fare any better.
Wherever U.S. interests have been imperiled and a temporary "peace" could be bought at the expense of long-term security, Carter has always been on board. The late Democratic Sen. Daniel Patrick Moynihan summed it up when he said of Carter in 1980, "Unable to distinguish between our friends and our enemies, he has essentially adopted our enemies' view of the world."
http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2006/12/13/cstillwell.DTL
v
jimma - the gift that keeps on giving
Great post...thanks!
November 3, 2008 - 15:58 ET by marpelGreat post...thanks!
LionKing:
November 3, 2008 - 13:31 ET by j. frank wilsonYou ask "Didn't CRA lead to the sub-prime lending fiasco?"
The answer is "No, it didn't." CRA is for Federally-regulated lenders (banks and thrifts). The leading sub-prime lenders were state-"regulated" - in quotes because most state regulation is minimal, at best. The entire sub-prime lending structure grew up precisely because Federally-regulated lenders had strict underwriting guidelines and the Agencies (Fannie and Freddie) would not buy them.
Fannie and Freddie - for example - did not purchase no doc loans or 100% financing. The default record for Fannie and Freddie loans is far lower than that of the no doc, option ARM, 100% financing sub-prime pool.
J Frank
November 3, 2008 - 16:03 ET by LionKingActually, I knew the answer myself. The answer is YES.
I worked in the CRA/HMDA department of one of the largest US Banks for 4 years.
Did you catch the video or just ignore facts as usual?
LionKing:
November 3, 2008 - 18:20 ET by j. frank wilson"I worked in the CRA/HMDA department of one of the largest US Banks for 4 years."
If that statement is true, you certainly didn't learn very much there - or, probably, do a very good job. What the heck is the HMDA department?
Those of us who have actually made a living working in financial instutions all know the correct title is "Compliance."
So legislation passed during the administration of Jimmy Carter brought down financial institutions in 2008? Talk about a delayed reaction!
try G O O G L E Frank....
November 3, 2008 - 18:34 ET by vrwc13http://www.ffiec.gov/Hmda/newsletter.htm
...looks like you are the one who doesn't know what they are talking about!
v
...nice try
Frank
November 3, 2008 - 18:49 ET by Noel SheppardFrank,
Would you do me a favor and cease and desist from commenting in threads associated with my articles? Your pompous presentation combined with your lack of knowledge on the subject is offensive, and I'd rather readers not be misinformed by such nonsense.
For instance, you pompously chided LK's knowledge of the banking industry by asking, "What the heck is the HMDA department?"
Well, sir, that's the division at every lending institution that reports public loan data to the Federal Reserve under the 1975 Home Mortgage Disclosure Act: http://www.ffiec.gov...
Furthermore, the National Community Reinvestment Coalition estimates that at least 25% of sub-prime loans were indeed created under CRA requirements: http://www.ncrc.org/...
As such, do me a favor and go play somewhere else, will you? ns
Mr. Sheppard:
November 3, 2008 - 19:15 ET by j. frank wilsonIt comes as no surprise to me that you are not interested in views that may conflict with your own. Or that you are not open to learning something new.
Community Reinvestment Act Reporting and Home Mortgage Act Reporting (on the LAR - Loan Application Register) is part of Compliance. Lending institutions have Compliance Departments. Within them they may have, for example, a Chief Compliance Officer or a CRA Officer. I've worked in various aspects of financial institution compliance for over two decades - never once have I heard of anyone who works in the "CRA/HMDA Department."
However, as I said - its obvious you are interested in comments that reinforce your own preconceptions and point of view. And no others.
PS: If CRA created the sub-prime debacle, would it not have taken more than 25% of the total loan production to do it? Additionally, of the total 2007 and 2008 vintage mortgages that have gone sideways, what percentage of them were underwritten by Federally-regulated financial institutions?
Ignore j. frank he's a
November 3, 2008 - 19:21 ET by Clear thinkerIgnore j. frank he's a tool.
Naww... refute Wilson.
November 3, 2008 - 19:27 ET by NL207Naww... refute Wilson. His arguments have more holes than a cheesecloth. Most of what he posits totally ignores one or more other sides of any issue that contradict his hypothesis. Point these facts out and destroy his thesis.
Ouch...
November 3, 2008 - 20:07 ET byNot bad, Frank.They're about to lose an election and get there asses handed to them so they're going to be a little cranky and grumpy like McRage.
Übercon
As knowledgeable as simpletons, you realize ignorant ugliness survives!
"The voice of dissent must be heard."-Henry Ford
Frank
November 3, 2008 - 22:06 ET by Noel SheppardI've worked in various aspects of financial institution compliance for over two decades - never once have I heard of anyone who works in the "CRA/HMDA Department."
And this just demonstrates fully that you are either an idiot or a liar: http://www.ffiec.gov...
Either way, post in any of my threads again, and you're banned. No further warning. ns
Noel...thanks
November 3, 2008 - 19:19 ET by LionKingI cannot monitor these trolls non-stop, so I missed his errant response.
This thought really disturbs ms
November 3, 2008 - 13:08 ET by iiiireaderThe Carter years were the first I spent as an adult - I remember getting my first job, trying to buy my first house, first credit, etc. It was so incredibly awful, I shudder to think of re-visiting it. What is so troubling is that this time around it will be so much worse - we don't have a Reagan to pull our irons from the size of fire that now wishes to consume us. We are so terribly threatened by both outside and inside forces. I hope we can survive but I don't see how we can do so and maintain our superpower status - the status that keeps us from being overrun by those who wish to destroy us.
I see us bowing to the International Court, kowtowing to the Kyoto Accord (and paying for all the pollution countries such as China and India emit), plus giving way on anything and everything that the Arab dominated UN demands of us. It seems that the liberals backbone melts in the presence of the international community while it stiffens against hard-working citizens of this country.
I see four years of The One as the period in which our country tips the scales and plunges headlong into bankruptcy - moral as well as fiscal.
I understand what you went
November 3, 2008 - 15:56 ET by marpelI understand what you went through. I went through the same thing. It was the last time I voted Democrat. I became a Republican after the years of paying 18% interest on a home that we eventually lost. My son was born in 1980 and he never knew those years. He's voting for Obama this time (if he votes, and I hope he doesn't now). I told him that it will take something like what his Dad and I went through to understand that these "change" candidates speak with a forked tongue. Until he goes through it, he'll never understand. His experience will hopefully give him wisdom....we hope....
RE: Jimma Carter
November 3, 2008 - 13:53 ET by Cape ConservativeHe has traveled the world over to ensure proper voting took place in third world countries - SOOOOOOOOOOOO - where is he now? I believe he and his cohorts ought to be in Ohio making sure NO fraudulent voting takes place.
It's been pretty quiet down south lately...where is he????????
Thought the same thing...
November 3, 2008 - 12:54 ET by writeronewe proved we could survive Carter, but I don't know what to think about an Obama admin. Do we still have the fight in us? Will people just give up and accept things? It's really discerning, it really is.
Hopefully it's not too late
duplicate post
November 3, 2008 - 13:13 ET by TD in FLduplicate post
Yep -it's duplicate
November 3, 2008 - 13:52 ET by writeroneSorry for the duplicate. I wasn't paying attention and accidently hit post again.
Simple mistake, but thank you for pointing out it's a duplicate.
First coal generated electricity, then
November 3, 2008 - 13:17 ET by SentryDanFirst coal generated electricity, then what, steel? What about natural gas for electricity, will that come into play also? No coal, no natural gas, no nuclear, no drilling for oil. What's left, wind and solar? How much electricity is generated on cloudy days or days with no winds sufficient to turn the turbine blades?
Sounds like Obama wants us to become more dependent on Arab oil or oil from his socialist friends.
Sounds like Obama is pushing for a world socialist order or a world Islamic order. Which is it?
Remember folks, it's hard to soar with eagles when you are surrounded by a flock of turkeys.
what did Buffet buy?
November 3, 2008 - 13:37 ET by katainkentlook to what Buffet (obama supporter) purchased. What does GE have on its to-do list (besides move half its company to China). I would say that Buffet probably knows better than anyone what the big 'end game' picture is.
Obama, Carter
November 3, 2008 - 13:30 ET by VinncyGI've read some posts about this country's ability to survive the horrors of the Carter administration. Some think we can, In my opinion Obama will be much worse as this disgrace borders on communism.
My response on our ability to survive Carter and a possible Obama disaster, "Is there a Ronald Reagan to save us?" We will be in serious trouble if this man wins tomorrow.
Carter
November 3, 2008 - 13:52 ET by MichelleCI too had the same question. Where is the new Ronald Reagan? We have no further to look than Sarah Palin and Bobby Jindal. There are many good young Republicans in the mold of the Gipper out there in state legislative races, local county races etc.
Keep faith people, keep faith.
Republicans believe every day is the 4th of July. Democrats believe every day is April 15th ~ Ronald Reagan
Noel/P.J. - GREAT JOB!!
November 3, 2008 - 13:41 ET by Cape ConservativeFrom CBS News' Scott Conroy:
(MARIETTA, OHIO) - Seizing on a newly released audio tape picked up by the Drudge Report, Sarah Palin took the opportunity here in coal country to accuse Barack Obama of “talking about bankrupting the coal industry.”
Even the initial Drudge story acknowledged this disclosure originated with Newsbusters...guess you might want to give Scott Conroy a buzz to let him know just who he should be crediting.
Just one more MSM reporter who didn't do his homework!
This is the hot political
November 3, 2008 - 14:03 ET by Hero SquadThis is the hot political topic of the moment. So where is it on CNN.com? Front page of course, right?
Apparently not worthy of such a space. So what is? Oh, a very important politically-tinged article: Chevy Chase: I wanted Carter to win
Shocker.
*
Hero's "retro" blog. / "People only insist that a debate stop when they are afraid of what might be learned if it continues." - George Will
Electricity Costs Would Skyrocket' Under Obama
November 3, 2008 - 13:58 ET by BobMcCartyWritesIn a post this morning, a spokesperson for St. Louis-based Peabody Energy, the world's largest private-sector coal company, was quoted as saying, "Electricity costs would skyrocket" under Obama. It's true! Obama wants to cripple and/or kill an industry!!!
Bob McCarty Writes at BobMcCarty.com
The next few days...?
November 3, 2008 - 14:39 ET byUmmm...the election is tomorrow. I'm sure skeptical of just about any negative BS that anyone tries to raise today....good luck!
Übercon
"The voice of dissent must be heard."-Henry Ford
blatherskite v
November 3, 2008 - 15:37 ET by vrwc13blatherskite
v
Obama wants to tear down
November 3, 2008 - 14:48 ET by attorneygirlObama wants to tear down capitalism by destroying it. And destroying our economy.
He wants a socialist society.
If idiots don't see this, then they deserve to be enslaved to this dictator.
Gosh, just substitute "Bush" for "Obama"...
November 3, 2008 - 15:33 ET by...and your statement can be considered an absolute FACT!
Ubercon
"The voice of dissent must be heard."-Henry Ford
blatherskite v
November 3, 2008 - 15:38 ET by vrwc13blatherskite
v