Generational Dynamics Forum - New Site

rule #7. Question motives. Twist or amplify any fact which could so taken to imply that the opponent operates out of a hidden personal agenda or other bias. This avoids discussing issues and forces the accuser on the defensive.

The CRA followed similar laws passed to reduce discrimination in the credit and housing markets including the Fair Housing Act of 1968, the Equal Credit Opportunity Act of 1974 and the Home Mortgage Disclosure Act of 1975 (HMDA). The Fair Housing Act and the Equal Credit Opportunity Act prohibit discrimination on the basis of race, sex, or other personal characteristics. The Home Mortgage Disclosure Act requires that financial institutions publicly disclose mortgage lending and application data. In contrast with those acts, the CRA seeks to ensure the provision of credit to all parts of a community, regardless of the relative wealth or poverty of a neighborhood.

Before the Act was passed, there were severe shortages of credit available to low- and moderate-income neighborhoods. https://en.wikipedia.org/wiki/Detroit_race_riot_of_1943
In their 1961 report, the U.S. Commission on Civil Rights found that African-American borrowers were often required to make higher downpayments and adopt faster repayment schedules. The commission also documented blanket refusals to lend in particular areas (redlining)

Although the CRA was signed into law by Jimmy Carter, two other important acts the Equal Credit Opportunity Act (ECOA) and the Home Mortgage Disclosure Act (HMDA) were signed by a republican, Gerald Ford. The talk show hosts also state that Bill Clinton was responsive for the expansion of CRA and forcing the banks to make bad loans. However, the two major changes in the CRA occurred in 1989 with the passage of the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA) and the Federal Housing Enterprises Financial Safety and Soundness Act of 1992. Both were signed into law by George H. W. Bush. Under FIRREA, the reporting requirements of CRA compliance were expanded. The latter act required Fannie Mae and Freddie Mac to support affordable housing by purchasing CRA-qualifying loans. Even though the talk show hosts have said that up to one half of Fannie and Freddie loans were CRA loans, the act suggests that by the year 2010, that one-third of their purchases be affordable housing loans.

If you made payment to the IRS in cash it would go to the incinerator. Fiat does not exist but in closed minds and created as digital ledgers
since debt is the currency of slaves.

If there were pressures to expand CRA lending, it came in part from the banks themselves. As a result of the Riegel-Neal Interstate Banking and Branching Act of 1994, signed into law by George W. Bush, CRA ratings became an important factor in determining if banks could merge or acquire across state lines. Because advocacy groups would use CRA ratings as a protest against the banks in order to get additional CRA lending, the banks greatly expanded these types of loans. I recall going to a Fed Atlanta conference on CRA lending, compliance and enforcement. A banker told me that the Feds never pressured him into making a bad loan. However, because they wanted to expand into other states, they had instituted a more liberal CRA lending policy. So the truth is that if there is blame to be handed out for a misguided CRA policy, it has to be laid at the feet of the republicans and the banks. Jimmy Carter and Bill Clinton are convenient whipping boys and are well deserving of other blame but CRA lending is not one of them.
Dr. Black

The ACA has recently caused more damage and smirky Roberts was clear on the tax and basically how stupid taxpayers are on the journey to disaster.

Even before Rubin it was simply dead. Where the vultures circle we are warned.

What’s more, Clinton says she isn’t sure Sanders is a real Democrat.
RULE 12: Pick the target, freeze it, personalize it, and polarize it.” Cut off the support network and isolate the target from sympathy. Go after people and not institutions; people hurt faster than institutions. (This is cruel, but very effective. Direct, personalized criticism and ridicule works.)

Clinton is not a Democrat either.

Smirky guy comment on the back door tax funnel from LITCs model was correct.
Well played indeed. Plucked chickens still eating the same feed.

ACA for the no man status of estate. The Senate has indeed hurt us deeply with this current and pointless rhetoric. These ambitious men were not naive but they were overconfident about their ability to manipulate.

Low Income Taxpayer Clinics (LITCs) The "blueprint " just as before on the sticky wages as forumed was our area also. Welcome to what we seen when we watched countless who lost half benefits and one third wages as the taxpayer blindly subsidized the blue prints of plant closing.
Locals note: They are fleeing Puerto Rico for the same reason that everyone else is - decades of dependence on US welfare has destroyed the island's economy and culture. Only criminals and the poor are seen on most streets. This is what "social programs" accomplish.

Clinton machine running out lemmings so it appears. Shall we infer some more Political Rhetoric Or Insanity?

It is developing into what we already seen coming and the sheep will be annihilated since predators seek weakness. Like we noted the Calvary is not coming since we are protecting our own now, and putting toe tags on defenseless unarmed idiots.

Suicides increasing and drug induced carnage increasing. News you never see since family works the fields to this bitter time coming and seen.
In each, the hostile question has two answers: one answer which the audience knows is morally correct, but politically
incorrect, and the other answer which the audience knows is wrong, but politically correct.

Slaves and idiot meter http://usdebtclock.org/state-debt-clock ... clock.html

John wrote:Don't forget the medical services sector. Obamacare and the NHS are
causing many thousands of people to lose their jobs.

Scott v. U.S. Department of Health and Human Services, 3:15-cv-00193, U.S. District Court, Northern District of Florida (Pensacola).

Same thought map of the LITC issues we seen.

Well played indeed by the Swamp Herders.

http://thehill.com/homenews/senate/2504 ... et-process
Plucked uncle joe chickens still eating the same feed as seen before. Either way who knows these days execpt the fabian cults.

http://cdn.executive.mit.edu/6e/b0/bea9 ... ochure.pdf

http://gdxforum.com/forum/search.php?st ... only&ch=-1

context: sticky wages

No one should expect that any logical argument or any experience could ever shake the almost religious fervour of those who believe in salvation through spending and credit expansion. The final outcome of the credit expansion is general impoverishment. By short-circuiting the price mechanism and forcing people into economic lives contrary to their own choosing, central planning destroys the capital base and creates economic randomness that eventually ends in killing prosperity. human action mises 1949

Hayek on Keynes:
The decisive assumption on which Keynes’s original argument rested and which has since ruled policy is that it is impossible ever to reduce the money wages of a substantial group of workers without causing extensive unemployment. The conclusion which Lord Keynes drew from this, and which the whole of his theoretical system was intended to justify, was that since money wages can in practice not be lowered, the adjustment necessary, whenever wages have become too high to allow “full employment,” must be effected by the devious process of reducing the value of money. A society which accepts this is bound for a continuous process of inflation. Sudha Shenoy

thread noted: Recent local numbers last 60 days for us outside in the real world also in Michigan:
21.8 percent of children living in poverty 2011, a jump of 30 percent since 2005 in our area.
4 out of every 10 children live in poverty as it was conveyed now in 2014.

Low Income Taxpayer Clinics (LITCs) The "blueprint"

We covered Zeke. http://gdxforum.com/forum/search.php?ke ... sf=msgonly

http://www.zerohedge.com/sites/default/ ... ernals.jpg

Retail investors predict a bottom for oil ---- poor bastards ----- herd y

Commodity Carnage Continues - Copper & Crude Crushed ----- reality entailed ------ facts t

Conveyed survive 2014 and projected will reopen book in 2018.

We ALL know here to check DCF and net working capital into 2018 point blank.

thread ---- Keyword: LITCs Quigley 1937 http://shortsqueeze.com/ hunter seeker, un cours d'histoire

Employers do not pay taxes. Pass through cost to consumers.

md noted:

I was pondering this as well. Very hard to draw conclusions without these critical demographics doncha think? Personally, in my line of work, I see certain ethnic group represented in the majority of cases but this may not necessarily represent national trends.

I will say it is tragic to see these young people with some frightening diseases today rarely encountered even 10 years ago. Sometimes I hate going to work and seeing all of this day to day knowing I am powerless to stop it. end snip

The TAX called ACA is just another cartelized model. The looting will cease just as g alluded to. As in the other spin model it was a controlled implosion process.
As we noted some time back crime of the century. LITC model they tinkered with when we buried the frozen dead " with private capital" a decade before that.
It was noted correctly then at least three generations to heal the broken soul of that region.

http://gdxforum.com/forum/search.php?ke ... sf=msgonly
Fade to black, capital is fungible.
http://www.zerohedge.com/news/2014-11-1 ... time-highs

Government is paid for by the private sector period. Whether by borrowing money which sucks resources out of the bond market or by printing money which impoverishes private sector savers by keeping interest rates artificially depressed or by old-fashioned taxation, the government finances its spending by taking from the private sector. It is just that simple and the private market will vanish as will you when the tyrants control every facet since it is not moral hazard but moral ineptitude of voters.

https://cei.org/studies/ten-thousand-commandments-2014 i do not the time to explain what we are up against even at this level. The earlier capex was snuffed out as i noted the shift few even understand to this day.

http://www.youtube.com/watch?v=Z4RKdpjvvj4

http://www.cringely.com/2012/04/18/not- ... thers-ibm/

US workers who try to save the business are the first in line to lose their jobs. Management accountability is gone.
The people who mess up get to keep their jobs; and those trying to retain the business lose their jobs.

http://www.secform4.com/insider-trading/1333712.htm

No accident to what is coming.... here

snip GD notes: Puerto Rico - Low Income Taxpayer Clinics (LITCs) The "blueprint " just as before on the sticky wages forumed as was our area was also before. Welcome to what we seen when we watched countless who lost half benefits and one third wages as the taxpayer blindly subsidized the blue prints of plant closing.
Locals note: They are fleeing Puerto Rico for the same reason that everyone else is - decades of dependence on US welfare has destroyed the island's economy and culture. Only criminals and the poor are seen on most streets. This is what "social programs" accomplish.
And now my children you understand why you had been instructed not to join the debt sheep in the educational debt bubble
and other affairs. The enactment of H.R. 2847 came one day after the Senate passed the measure, 68-29, without amending the bill to protect the American worker from losing job opportunities to illegal aliens.

Thank you RC for the facts.

http://www.youtube.com/watch?v=VtwTCWV0E_M

http://www.truthorfiction.com/rumors/c/ ... merica.htm

http://en.haberler.com/ebola-carrier-de ... rt-512015/

Just gets better every day ignoring the obvious...
They will tell you we have it all under control.

there is no spoon, it is the scientists now who fill the shoes of Dr. Pangloss

http://www.youtube.com/watch?v=hQJ60TZy9b4

No one should expect that any logical argument or any experience could ever shake the almost religious fervour of those who believe in salvation through spending and credit expansion. The final outcome of the credit expansion is general impoverishment. By short-circuiting the price mechanism and forcing people into economic lives contrary to their own choosing, central planning destroys the capital base and creates economic randomness that eventually ends in killing prosperity. human action mises 1949

Hayek on Keynes:
The decisive assumption on which Keynes’s original argument rested and which has since ruled policy is that it is impossible ever to reduce the money wages of a substantial group of workers without causing extensive unemployment. The conclusion which Lord Keynes drew from this, and which the whole of his theoretical system was intended to justify, was that since money wages can in practice not be lowered, the adjustment necessary, whenever wages have become too high to allow “full employment,” must be effected by the devious process of reducing the value of money. A society which accepts this is bound for a continuous process of inflation. Sudha Shenoy

thread noted: Recent local numbers last 60 days for us outside in the real world also in Michigan:
21.8 percent of children living in poverty 2011, a jump of 30 percent since 2005 in our area.
4 out of every 10 children live in poverty as it was conveyed now in 2014.

Low Income Taxpayer Clinics (LITCs) The "blueprint " just as before on the sticky wages as forumed was our area also. Welcome to what we seen when we watched countless who lost half benefits and one third wages as the taxpayer blindly subsidized the blue prints of plant closing.
Locals note: They are fleeing Puerto Rico for the same reason that everyone else is - decades of dependence on US welfare has destroyed the island's economy and culture. Only criminals and the poor are seen on most streets. This is what "social programs" accomplish.

As for the kill switch notes we had pegged early, we took our lumps from you retards and political dullards since we knew better as we sipped our tea in patience and caring for others actual community needs called work. Red and Blue does not exist in discussions past the welcome mat which is still open to all thinking souls in forbearance since as reminded they will be known by the fruit they bear.

NAFTA sticky wages

http://books.google.com/books/about/Hum ... 7sngEACAAJ

When you’re one step ahead of the crowd you’re a genius. When you’re two steps ahead, you’re a crackpot. Rabbi Shlomo Riskin

49% plus have less than $1,000 to pay for anything unexpected. Any hot inflation and its already been over. Pointless debate since they can’t even afford the co-pays.
There will be no reports on the actual numbers since rationing is on both ends now as the middle is being decimated and already been gutted out.
Like our local poverty rate here, its still climbing as we noted. We already know the who and how. As for the budget report locally is should be out mid June but
I already know what it will be based on what is.

soon the rest will join then as aca http://kff.org/private-insurance/press- ... vey-finds/ and epa energy costs finish whats left. https://www.uschamber.com/blog/double-w ... fewer-jobs

As the VA got there bonuses the EPA will get there also as the Democrats import votes since for years the welfare industry is all until the speculated implosion as we watch.

thread noted: Recent local numbers last 60 days for us outside in the real world also in Michigan:
21.8 percent of children living in poverty 2011, a jump of 30 percent since 2005 in our area.
4 out of every 10 children live in poverty as it was conveyed now in 2014.

Low Income Taxpayer Clinics (LITCs) The "blueprint " just as before on the sticky wages as forumed was our area also. Welcome to what we seen when we watched countless who lost half benefits and one third wages as the taxpayer blindly subsidized the blue prints of plant closing.
Locals note: They are fleeing Puerto Rico for the same reason that everyone else is - decades of dependence on US welfare has destroyed the island's economy and culture. Only criminals and the poor are seen on most streets. This is what "social programs" accomplish.

As for the kill switch notes we had pegged early, we took our lumps from you retards and political dullards since we knew better as we sipped our tea in patience and caring for others actual community needs called work. Red and Blue does not exist in discussions past the welcome mat which is still open to all thinking souls in forbearance since as reminded they will be known by the fruit they bear.

According to the consensus forecasts, growth will probably average about 3.3% for the final three quarters of 2014 and 3% in 2015, compared with a 2.2% average since the recession ended.

When you’re one step ahead of the crowd you’re a genius. When you’re two steps ahead, you’re a crackpot. Rabbi Shlomo Riskin

I think cycles are probably valid, but the inaccuracy or misinterpretation is more attributable to those who are applying them. h

http://www.zerohedge.com/news/2014-05-2 ... omic-cycle
http://www.zerohedge.com/news/2014-05-2 ... mped-shark

window closing, but the effects are real

http://gdxforum.com/forum/search.php?ke ... sf=msgonly

Keyword: LITCs Quigley 1937 http://shortsqueeze.com/ hunter seeker, un cours d'histoire

https://www.youtube.com/watch?v=aiDNf8trWn8

Exile Krugman for ten years in Puerto Rico to study the imposition of Low Income Taxpayer Clinics (LITCs) The blueprint they serve as molechs and to serve penance for the Enron advise that wiped out thousands. Hate to be like Cuba Rico.

http://gdxforum.com/forum/search.php?ke ... sf=msgonly

I stick to my pointless view if lucky by the fall of 2015 until systemic failures cratering in and the rot just implodes.

totalitarian political system masquerading as a religion
moderates understand confusion shelters corruption

One clip in one clip out,
the grain colony

The Atlantic's Health Care Forum in Washington on Thursday, health care and business professionals said that there’s an increasing trend in the industry toward cutting insurance companies out of the process entirely, as large, regional hospital systems move into the insurance business.

Related: Obamacare - Taxpayers in the Hole for $1.5 Trillion

Dr. Kenneth L. Davis, CEO and president of Mount Sinai Health System, the largest health care provider in the state of New York, said that starting next year, Mt. Sinai will begin offering its own Medicare Advantage plan. It will look for other opportunities to bring premium payments directly into the hospital system, rather than filtering them through insurance companies.
Davis said he expects organizations similar to his to move in the same direction. “Inevitably the large systems are going to move to take part of the premium dollar,” he said.

Schumer will argue Democrats must defend popular government programs, such as extended unemployment benefits and student loan subsidies, to persuade Tea Party voters they could benefit from federal programs.
"The average Tea Party member, like the average American, likes government run Medicare, likes government built highways and water and sewer lines, likes government support for education, both higher and lower," he will say.

The educational system is broken. Ask the protestants and catholics. Have your children independantly tested. Ask them as we did what is going on and they told us point blank. Day care center for criminals and one was going into education but the "savages run the prison". Impossible to convey how broken and disgusting it truly is. I will have then type a paragraph to what is and why education is terminal they said. Rent seeking waste of money.

No we wish to see you disappear as soon as possible since you did such a bang up job here also as we noted...

Puerto Rico - Low Income Taxpayer Clinics (LITCs) The "blueprint " just as before on the sticky wages forumed as was our area was also before. Welcome to what we seen when we watched countless who lost half benefits and one third wages as the taxpayer blindly subsidized the blue prints of plant closing.
Locals note: They are fleeing Puerto Rico for the same reason that everyone else is - decades of dependence on US welfare has destroyed the island's economy and culture. Only criminals and the poor are seen on most streets. This is what "social programs" accomplish.
And now my children you understand why you had been instructed not to join the debt sheep in the educational debt bubble
and other affairs. The enactment of H.R. 2847 came one day after the Senate passed the measure, 68-29, without amending the bill to protect the American worker from losing job opportunities to illegal aliens.

Your 200 year plan for votes has wrought ruin to this country. Term limits should have you as the poster boy.

As for the kill switch notes we had pegged early, we took our lumps from you retards and political dullards since we knew better as we sipped our tea in patience and caring for others actual community needs called work. Red and Blue does not exist in discussions past the welcome mat which is still open to all thinking souls in forbearance since as reminded they will be known by the fruit they bear.

Fed’s 100-year economic system’s been coined and defined: Rubinomics. h/t n
Gut the productivity & lifestyle of the host, enrich yourself while convincing everyone its for their own good...it only takes a certain class of evil...
http://gdxforum.com/forum/search.php?st ... 1&start=10
Ben escapes with his 1983 thesis only.

keywords: term limit refuse remove dlc rhino astro turf cci