Payments used to silence people who have potentially damaging information on a political candidate cannot be classified as a campaign contribution, according to the former chairman of the Federal Election Commission (FEC), Bradley Smith.
“Not everything that might benefit a candidate is a campaign expense,” Smith wrote in an editorial for the Wall Street Journal.
While a candidate is prohibited from spending campaign funds on expenses merely related to the campaign, expenses on items and services which exist solely for the campaign, like bumper stickers and billboards, must be paid for with campaign funds.
“If paying hush money is a campaign expense, a candidate would be required to make that payment with campaign funds,” Bradley said. “How ironic, given that using campaign funds as hush money was one of the articles of impeachment in the Watergate scandal, which gave rise to modern campaign-finance law.”
“There are many reasons, including personal and commercial ones, why Mr. Trump might want to keep allegations of extramarital affairs out of the press,” Bradley wrote.
_______
There are several major hurdles that must be passed before any criminal prosecution would begin.
The first is that you have to show that a crime has been committed. According to most legal experts, including pretty much everyone involved in the Federal Election Committee, there is no crime for not reporting a non-disclosure agreement as a campaign expense.
Secondly, you have to show intent to commit a criminal act. In this case you must prove that a person was fully aware that their actions were breaking the law. How is it possible to claim that anyone involved knew they were committing a criminal act, when the body that governs those actions (FEC) does not see the action as criminal.
Lastly, you must believe that you can go before a jury and prove the case beyond a reasonable doubt. When you cannot even convince the governing body (FEC) that the actions are criminal, and you have not convinced most experts that the actions are criminal, and your star witness is a felon convicted of perjury, how does any prosecutor (with good conscious) bring such a case?
_______
In fact, every red cent spent on this issue, needs to be reported as a campaign expense, because that's exactly what it is. One giant 2020 campaign advertisement.
65 comments:
The first is that you have to show that a crime has been committed
Nice try Lil Scotty....cohen under direction of trump committed a crime and knew it was a crime....That's why on March 6 he will report to jail to serve his sentence....Really must suck to be you and your vain attempt at saving what is left of your righteousness....So sad the extremes you go to to defend an asshole as big as trump....Going to get much worse when mueller drops the next shoe for conspiracy......LOLOLOLOL Too funny your lack of understanding of the legal world....TRUMP IS FUCKED!!!!
Shocking Big oil behind standards roll backs.....follow the money..!!
How Big Oil Secretly Pushed for Trump’s Car Emission Rollbacks
When the Trump administration laid out a plan this year that would eventually allow cars to emit more pollution, automakers balked, saying that the changes went too far even for them.
But it turns out that there was a hidden beneficiary of the plan that was pushing for the changes all along: the U.S. oil industry.
From the indictment filed in court.
4. Cohen’s Illegal Campaign Contributions
On approximately June 16, 2015, Individual-1, for whom Cohen worked at the time, began
an ultimately successful campaign for President of the United States. Cohen had no formal title
with the campaign, but had a campaign email address, and, at various times advised the campaign,
including on matters of interest to the press. Cohen also made media appearances as a surrogate
and supporter of Individual-1. (PSR ¶ 39).
During the campaign, Cohen played a central role in two similar schemes to purchase the
rights to stories – each from women who claimed to have had an affair with Individual-1 – so as
to suppress the stories and thereby prevent them from influencing the election..
With respect to
both payments, Cohen acted with the intent to influence the 2016 presidential election. Cohen
coordinated his actions with one or more members of the campaign, including through meetings
and phone calls, about the fact, nature, and timing of the payments. (PSR ¶ 51). In particular, and
as Cohen himself has now admitted, with respect to both payments, he acted in coordination with
and at the direction of Individual-1. (PSR ¶¶ 41, 45). As a result of Cohen’s actions, neither
woman spoke to the press prior to the election. (PSR ¶ 51).
4. Cohen’s Illegal Campaign Contributions
On approximately June 16, 2015, Individual-1, for whom Cohen worked at the time, began
an ultimately successful campaign for President of the United States. Cohen had no formal title
with the campaign, but had a campaign email address, and, at various times advised the campaign,
including on matters of interest to the press. Cohen also made media appearances as a surrogate
and supporter of Individual-1. (PSR ¶ 39).
During the campaign, Cohen played a central role in two similar schemes to purchase the
rights to stories – each from women who claimed to have had an affair with Individual-1 – so as
to suppress the stories and thereby prevent them from influencing the election..
It's not a made up crime.
a crime has been committed.
Stated clearly above.
intent to commit a criminal act.
Ignorance of the law is not a legal defense.
prove the case beyond a reasonable doubt.
He did not go to trial. And plead guilty.
Every single excuse is wrong, beyond a certain doubt.
It's not a made up crime.
Of course it is Roger, our Lil Scotty has taken his vast knowledge of the law....applied his bias and brainwashing from trump and determined it is FAKE....simple solution for the simplistic Lil Scotty.... so sad
Michael Cohen Pled Guilty to Something That Is Not a Crime The prosecutor is twisting campaign-finance law.
When faced with the vague, sweepingly broad “for the purpose of influencing any election” language, the Supreme Court has consistently restricted its reach to brightly defined rules. For example, in determining whether a public message was an “expenditure” made “for the purpose of influencing any election,” it has construed the later phrase to apply only to messages “expressly advocating” the election or defeat of a candidate, such as “vote for,” “vote against,” “defeat,” “re-elect,” and the like, or to other clearly defined messages that are the “functional equivalent” of that express advocacy.
In short, Michael Cohen is pleading guilty to something that isn’t a crime. Of course, people will do that when a zealous prosecutor is threatening them with decades in prison. But his admissions are not binding on President Trump, and Trump should fight these charges ferociously.
Many Americans have convinced themselves that Trump is a uniquely dangerous and bad man, such that any available tool should be used to expel him from office. But in that way lies the bigger threat to our democracy and rule of law.
In A Man for All Seasons, Sir Thomas More’s future son-in-law, Roper, states that he would “cut down every law in England” if it would enable him to catch the devil. To which More responds,
And when the last law was down, and the Devil turned ’round on you, where would you hide, Roper, the laws all being flat? This country is planted thick with laws, from coast to coast, Man’s laws, not God’s! And if you cut them down, and you’re just the man to do it, do you really think you could stand upright in the winds that would blow then? Yes, I’d give the Devil benefit of law, for my own safety’s sake!
We do ourselves no service by distorting and misapplying our campaign-finance laws in the hope of bagging Donald Trump.
More confirmation of the delusion of the Deep State conspiracy theory.
The reality is that this is just another "made up crime" that has been attached to the President.
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More confirmation from Roger that he's willing to set aside the rule of law just to get to someone he despises.
Menstral our walking cramp now posts an opinion that he agrees with because he can't get trumps dick out of his mouth...
Michael Cohen Pled Guilty to Something That Is Not a Crime The prosecutor is twisting campaign-finance law.
That's it....maybe you can wave him buh bye when he reports to jail to serve time for the crime he has admitted to.....asshole
SPONSORED CONTENT
Pizza Lovers: Why It Just Got a Lot Easier to Make Tonight Pizza Night
By DOMINO'S December 4, 2018
Most interesting part of your post, Rog
Publisher of National Enquirer admits to paying hush money on Trump’s behalf
An agreement between prosecutors and American Media Inc. made clear that the tabloid, which trumpeted his candidacy and is controlled by President Trump’s longtime friend David Pecker, had flipped on the president.
By Sarah Ellison and Paul Farhi
No crime here cramps....made payments he knew were illegal and directed by trump....Doncha think it odd all those Hillary headlines in the National Inquirer right around the end of the campaign season...You think that was mere coincidence or was it coordinated with the donnie like always????? Trump is soooooo FUCKED!!!
You have gone from denial of the $130,000 payment was from the candidate Trump to an admission of the payment to the lawyer who represented the candidate Trump, to an act is not a violation of the campaign laws. Cohen pleaded guilty to the commission of a felony as directed by individual-1 who eventually was elected President of the United States.
Lawrence Tribe is not alone in stating that the candidate Trump directed his lawyer to break the.
Law
Yawn, 2nd generation Alky more boring the usual.
Blogger Roger Amick said...
Lawrence Tribe is not alone in stating that the candidate
Yeah, he's joined by every ignorant TDS infected "expert" on MSNBC and CNN.
Color me unimpressed.
Blogger Roger Amick said...
a crime has been committed.
not according to the law, or any lawyer who has experience with election law.
for chrissakes alky, the precedent that was set with john edwards blows your case all to hell.
and no amount of repetitive copy/pastes even in bold
ADVERTISEMENT
is going to change that fact.
your TDS-fueled fantasies about invidual - 1 are going nowhere alky.
time to circle back to "russia, russia, russia" collusion.
Roger Amick said...
SPONSORED CONTENT
Pizza Lovers: Why It Just Got a Lot Easier to Make Tonight Pizza Night
By DOMINO'S December 4, 2018
AH HA!!!
was that pizza purchased with campaign funds alky?
did "individual - 1" direct cohen to purchase that pizza alky?
and why domino's alky? why not pizza hut or papa john's?
is there a relationship between "individual - 1" and domino's alky? and what is the nature of that relationship, alky?
and who is the shadowy individual with the code name "ADVERTISEMENT' in your previous posts, alky?
who is "ADVERTISEMENT," what did Xe know and when did Xe know it, mmmm alky???
Trump is more fucked than our dear rathole and is naive belief trump will skate.....LOLOLOL
EW YORK (AP) — The sentencing of Michael Cohen, President Donald Trump's former personal lawyer, brought a perilous investigation into the president's campaign one step closer to the Oval Office.
Though Cohen broke down during his sentencing hearing Wednesday, Trump remained uncharacteristically quiet, his Twitter feed still while he ignored shouted questions about his former attorney at a White House event. But Trump has been far from silent during the monthslong Cohen saga, with the president's explanations frequently shifting as his legal exposure grew.
Since the spring, Trump has gone from denying knowledge of any payments to women who claim to have been mistresses to apparent acknowledgement of those hush money settlements - though he claims they wouldn't be illegal in any case. But both Cohen and federal prosecutors said the payments were made at Trump's direction to fend off damage to his White House bid, an apparent campaign finance violation.
Though prosecutors have implicated Trump in a crime, they haven't directly accused him of one, and it's hardly clear that they could bring charges even if they want to because of Justice Department protocol. Nonetheless, Trump's evolving explanations have clouded the public understanding of what occurred and are running head-on into a problematic set of facts agreed to by prosecutors, Cohen and a media company that has acknowledged participating in the hush money scheme to aid the president's campaign.
The bullshit never stops....His trusted lawyer for so many years was out to embarrass the boss....and rectum breath, Lil Scotty, menstral cramps and the goat fucker will all circle the wagons and defend the liar in chief at all levels...Yeah, sure would like to work for him! LOLOLO
Trump says he ‘never directed’ Cohen to break the law in payments to women
The president did not dispute directing Michael Cohen to buy the silence of two women who alleged affairs with him. But he said that his former lawyer agreed to plead guilty to charges related to the payments “in order to embarrass the president.”
Know Islam, No Peace. No Islam, Know Peace..
"We knew his was going to happen one day," a Strasbourg resident told French daily Libération. "We knew the city was a target, especially at Christmas. We just weren't expecting it to happen tonight."
"There's no such thing as zero risk," mayor Roland Ries told AFP in 2017.
"This is a first for Strasbourg, it's really a peaceful city," said medical student Antoine. "It's hard to imagine what comes next, because we've never been through something like this."
The famed Christmas market has long been a prime target, with French authorities foiling a bomb plot as far back as December 2000, when four men suspected of Al Qaeda links were arrested.
Strasbourg’s reputation for being the French 'Capital of Christmas' is a well-founded one. The city’s Marché de Noel is believed to be the oldest in Europe, the first Christkindelsmärik being held in 1570.
Last year, it drew two million visitors from France and further afield, more than any other Christmas market in the country. Strasbourg’s most celebrated festival also offers a huge financial boost to the eastern city every year, and there has even talk of it becoming a UNESCO heritage site.
Access to the island formed by the River Ill is tightly controlled via the nearly 20 bridges connecting it to the rest of the city.
For Christmas, the island becomes home to around 300 wooden chalets warming visitors with mulled wine and sausages, under the dazzling lights of a 30-metre (100-foot) fir tree in Kleber Square.
Just over two years ago, in the summer of 2016, I met a delightful German lady who lives just across the border from Strasbourg and whose husband, in fact, was born and raised there. Along with her child, my friend, as I put it, "had found herself on the receiving end of some vibrant multicultural outreach from one of Mutti Merkel's boy charmers":
As a result, she no longer goes out after dark. She had also decided - with reluctance, because she enjoyed it - to cancel her participation in a local Christmas market, where she'd sung carols every year - in broad daylight.
'Why would you do that?' I asked.
'Because it's Christmas,' she said, 'and I'm worried Christmas will be a target.'
https://www.steynonline.com/9084/the-new-christmas-tradition
Time for the president to start negotiating a plea deal leading to his resignation because his goose is cooked.
Says someone on the following:
https://www.aol.com/article/news/2018/12/13/trump-argues-he-never-directed-longtime-fixer-to-break-law/23617156/
Time for Comey/Mueller et all to start negotiating their own plea deals because their goose is cooked.
The Flynn Entrapment
A court filing shows the ugly tactics employed by James Comey’s FBI.
https://www.wsj.com/articles/the-flynn-entrapment-11544658915
Quote of the Day at politicvalwire.com
December 13, 2018 at 6:35 am EST
“I don’t understand the strategy, but maybe he’s figured it out and he’ll tell us in due course. But I don’t understand it.”
— Sen. John Cornyn (R-TX), quoted by the Washington Post, on President Trump’s strategy to get $5 billion in funding for a border wall.
___________________
Trump Claims Mexico Is Paying for His Border Wall
December 13, 2018 at 9:59 am EST
President Trump tweeted that “Mexico is paying for the wall” through savings to the U.S. in new trade deal.
Said Trump: “I often stated, ‘One way or the other, Mexico is going to pay for the Wall. This has never changed. Our new deal with Mexico (and Canada), the USMCA, is so much better than the old, very costly & anti-USA NAFTA deal, that just by the money we save, MEXICO IS PAYING FOR THE WALL!”
___________________
Clowin, putting it in caps kdoesn't make it any less a lie.
Clown, that is.
The asshole coward posted as a joke
to start negotiating their own plea deals because their goose is cooked.
BWAAAAAAPAAAAAA!!!!! Sure asshole.....almost as funny as trump telling the truth!!!!
California has a plan. Tax each text.
Because a free phone and free carrier is in the hole. Go figure. So tax those that pay for their phone services to give more to those that don't.
Bonus Quote of the Day
December 13, 2018 at 9:29
“I am concerned that the president might be involved in a crime.”
— Sen. Bill Cassidy (R-LA), quoted by NBC News.
DO TELL.
____________________
Trump Denies ‘Dirty Deeds’ that Cohen Alleges
8:39 am EST
President Trump disputed claims by former lawyer Michael Cohen that he engaged in “dirty deeds” that include hush payments to two women to keep them quiet during the 2016 election, USA Today reports.
Said Trump: “I never directed Michael Cohen to break the law. He was a lawyer and he is supposed to know the law.”
He added: “It is called ‘advice of counsel,’ and a lawyer has great liability if a mistake is made. That is why they get paid.”
__________________
Russia Investigation Expands to the Middle East
8:24 am EST
“Over the past year, the indictments, convictions, and guilty pleas have largely been connected, in one way or another, to Russia. But now, Special Counsel Robert Mueller’s office is preparing to reveal to the public a different side of his investigation. In court filings that are set to drop in early 2019, prosecutors will begin to unveil Middle Eastern countries’ attempts to influence American politics,” three sources familiar with this side of the probe told the Daily Beast.
“In other words, the so-called ‘Russia investigation’ is set to go global.
“While one part of the Mueller team has indicted Russian spies and troll-masters, another cadre has been spending its time focusing on how Middle Eastern countries pushed cash to Washington politicos in an attempt to sway policy under President Trump’s administration.”
________________
Trump Tells Friends He’s Worried About Impeachment
8:21 am EST
“Despite President Trump’s public declaration that he isn’t concerned about impeachment, he has told people close to him in recent days that he is alarmed by the prospect,” NBC News reports.
“Trump’s fear about the possibility has escalated as the consequences of federal investigations involving his associates and Democratic control of the House sink in, the sources said, and his allies believe maintaining the support of establishment Republicans he bucked to win election is now critical to saving his presidency.”
________________
Why Mueller Should Try to Indict Trump
8:01 am EST
Asha Rangappa: “If, at the end of his inquiry, Mueller believes that he has gathered enough evidence that would warrant charging Trump with one or more crimes, he can provide that evidence in his final report to the attorney general, along with a recommendation that the president be indicted. The attorney general could approve that recommendation, in which case such an indictment would become public (with its constitutionality litigated in court). But the attorney general could just as legitimately deny the requests based on the internal 1973 policy that suggests an indictment is ‘inappropriate and unwarranted under established Departmental practices.'
“But this action would automatically trigger the reporting requirement to Congress.
“In fact, that might be the only way to guarantee a report goes to Capitol Hill. There is no other requirement for the attorney general to provide Mueller’s final report to Congress — the regulations only require reports on requests that are denied. If Mueller does not recommend indicting the president and the attorney general agrees with that decision, there is no guaranteed mechanism for that information to become public.”
Just posted the article from the Wall Street Journal lo iq commie, still "unknown" to himself
a brief comment and just the headline and a link.
Unlike the POS spamming "pastor"
The liberal posters here are the definition of cesspool, and so lo iq they are oblivious to that.
ROFLMFAO !!!
NOT JUST ANOTHER WEEK IN WASHINGTON, First Read Says
10:29
First Read: “If you turn on your TV news, scroll through your newspapers and thumb through your tweets, this might seem like just another normal week in the Trump Era. The president’s former lawyer/fixer was sentenced to three years in jail; Trump got rid of his chief of staff but has no replacement lined up; and the government appears hurtling toward a possible partial government shutdown. Boring. Ho-hum. Same old, same old.
“But let’s snap out of it. It’s a HUGE deal that another person close to the president or his 2016 campaign was sentenced/indicted/pleaded guilty for wrongdoings. It’s a HUGE deal that there’s so much internal chaos in the White House that it’s too much for a four-star general, and that the odds-on favorite to replace him as chief of staff didn’t want the job. It’s a HUGE deal that the president has threatened to shut down the government if he doesn’t get his border wall.
“And it’s a HUGE deal that the president of the United States has been identified as Individual-1 in prosecutors’ legal filings.
“We get the temptation of how these stories can become numbing – to the public, to the journalists covering them, and to Washington at large. But remember, any of these stories this week would be a five-alarm political fire for any other presidency.”
_____________
The nooses are tightening, tightening, tightening, tightening...etc.
Imports cost less in November.
Yep. Winning.
get woke, go broke...
Boy Scouts of America Considers Bankruptcy Filing Amid Sex-Abuse Lawsuits
Nonprofit has hired law firm Sidley Austin for assistance in a possible chapter 11 bankruptcy filing
https://www.wsj.com/articles/boy-scouts-of-america-considers-bankruptcy-filing-amid-sex-abuse-lawsuits-11544649657
every single thing liberalism touches turns to shit.
First time unemployment filings drop sharply.
figures the POS "pastor" would be trying to lead a lynch mob.
right up his alley
There will be hell to pay.
About to enter the third year of the Trump presidency and every week the lefties claim there's another "bombshell" or the "noose is tightening". Guess that really would around there own necks. Remember Clinton's approvals hit 72% after he was impeached. History shows the dems will be stunned once again in 2020.
.S. import prices fall 1.6% in November, biggest drop in 3 years
By Jeffry Bartash
Published: Dec 13, 2018 8:30 am ET
WASHINGTON (MarketWatch) - The cost of imports fell 1.6% in November, becoming the latest inflation gauge to recede from recent highs largely due to lower oil prices. It was the biggest decline in the import price index in more than three years. Oil prices sank 12%. Even if fuel is excluded, however, import prices slipped 0.3% last month. The cost of imported food and industrial supplies also declined, the government said Thursday. The increase in import prices over the past 12 months fell to 0.7% from 3.3%, the smallest advance since 2016. If fuel is omitted, the increase in import prices over the past year was a meager 0.3%. A strong dollar is also helping to reduce the cost of foreign goods. U.S. export prices, meanwhile, declined by 0.9% in November."
Don't forget the all the "dropped shoes".
"another "bombshell" or the "noose is tightening". James f-ing Daddy
US weekly jobless claims drop to near 49-year low
I never directed Michael Cohen to break the law. He was a lawyer and he is supposed to know the law. It is called “advice of counsel,” and a lawyer has great liability if a mistake is made. That is why they get paid. Despite that many campaign finance lawyers have strongly......
....stated that I did nothing wrong with respect to campaign finance laws, if they even apply, because this was not campaign finance. Cohen was guilty on many charges unrelated to me, but he plead to two campaign charges which were not criminal and of which he probably was not...
figures the POS "pastor" would be trying to lead a lynch mob.
you can take the pederast out of the klan, but you can never take the klan out of the pederast.
....guilty even on a civil basis. Those charges were just agreed to by him in order to embarrass the president and get a much reduced prison sentence, which he did-including the fact that his family was temporarily let off the hook. As a lawyer, Michael has great liability to me!
The liar in Chief
The Context for Trump’s Denials
Philip Bump: “Let us dispatch quickly with a lot of truly remarkable context for President Trump’s Thursday morning tweets denying culpability for alleged campaign-finance law violations. So we’ll note only hastily how noteworthy it is that a sitting president has been implicated by his own Justice Department in the commission of multiple felonies. Quickly note how significant it is that those felonies relate to allegations from a Playboy model and an adult-film actress that the president engaged in extramarital affairs. Mention in passing that a person who served as the president’s personal attorney for nearly a decade, Michael Cohen, has been sentenced to three years in prison in part for violating campaign finance laws to keep those relationships from being discussed publicly before the election.
“And, of course, dedicate only one line to the president’s striking demand that Americans ignore his demonstrably false claims about the payments — that he wasn’t aware of them, that he wasn’t involved — and instead accept this latest, complicated iteration as God’s-honest-truth.”
____________
Dear, dear, the liar-in-chief can't lie his way out of all this.
rrb said...
figures the POS "pastor" would be trying to lead a lynch mob.
you can take the pederast out of the klan, but you can never take the klan out of the pederast.
yep, ROFLMFAO !!!
In this courner a former FEC commissioner. In opposing courner a TDS infected Harvard law professor who is consistently wrong on the law and the Constitution.
Guess whose interpretation of election law I find more valid?
Poor racist white supremacist rat.
Nobody wants the Donald literally hanged wthe neck until dead.
Just removed from a White House he would never have been allowed into, if the Republicraps had not lost so much moral compass.
Blogger Roger Amick said...
The liar in Chief
yeah, i can tell your heart still aches for 0linsky, alky. that 2013 LIE OF THE YEAR was, as slow joe likes to say, a big fucking deal.
just like in brokeback mountain, you just can't quit him can you?
be strong alky. this too shall pass.
White House he would never have been allowed into, if the Republicraps had not lost so much moral compass.
Stupid old man your party ran the crappiest possible candidate
Nobody wants the Donald literally hanged wthe neck until dead.
Just removed from a White House he would never have been allowed into...
well pederast, trump was lawfully and legally elected. and as we've seen with this campaign finance bullshit, there was and is no russian collusion.
even satish patel from google said the russians sprung for a grand total of $4700 bucks on advertising.
4700. that wouldn't cover the alky's bar tab a few years ago.
so the man wins an election fair and square, and you say he never should've been allowed into the white house.
who the fuck do you think you are? your disapproval, and the disapproval of everyone on the left should be met with one big "GO FUCK YOURSELF"
if the Republicraps had not lost so much moral compass.
right.
i have rep. ted lieu on CNN telling the world yesterday that he would love to regulate the content of speech but the first amendment prevents him from doing that.
but it's the GOP whose moral compass is whacked.
right.
"Nobody wants the Donald literally hanged wthe neck until dead."
Well, the left has depicted him, hung, shot, decapitated and other was of killing him.
So wrong again Jane.
Obama's 1.9 percent GDP average gave us Trump.
KD said...
Obama's 1.9 percent GDP average gave us Trump.
And Obama's imminent election gave us the largest stock market crash in many years. Blame it on Bush but the stock market in general has always been measured as a 6 month leading indicator. And the big change at that point was Obama.
I don't expect the TDS crowd to understand.
The August 21st meeting is a big fucking deal.
And Obama's imminent election gave us the largest stock market crash in many years.
BWAAAAAAPAAAAAA!!!! You mean the busch recession and crash.....alternate facts even repeated many times do not change that busch left a huge pile of shit in his wake and like trump....all you do is suck their dicks....Trumps going down in flames now with a new investigation about his inauguration money mess.....
The Community reinvestment act of 1977 and expanded by Bubba were W’s fault?
Who knew, you fat idiot
Wow asswipe....you now biame busch's crash on Clinton.....keep dreaming and don't worry, no one else thinks that is reasonable Singular explanations is all that you are capable of let alone real thought
Look fatboy don’t discuss real thought you graduated from the equivalent of DeVry University
LMAO
And don’t forget Jamie Gorlick the bitch that gave us 9/11 was head of Fannie Mae then
For the willfully stupid Pauline and his simple mind...
A Closer Look at Some of the Causes of the Great Recession
According to a 2011 report by the Financial Crisis Inquiry Commission, the Great Recession was avoidable. The appointees, which included six Democrats and four Republicans, cited several key contributing factors that they said led to the downturn. First, the report identified failure on the part of the government to regulate the financial industry. This included the Fed’s inability to curb toxic mortgage lending. Next, there were too many financial firms taking on too much risk. The shadow banking system, which included investment firms, grew to rival the depository banking system but was not under the same scrutiny or regulation. When the shadow banking system failed, the outcome affected the flow of credit to consumers and businesses. Other causes identified in the report included excessive borrowing by consumers and corporations, and lawmakers who were not able to fully understand the collapsing financial system.
Yeah......I wanna grow up and be a loser salesman just like you.....LOLOLOLOL
Here's How The Community Reinvestment Act Led To The Housing Bubble's Lax Lending
https://www.businessinsider.com/the-cra-debate-a-users-guide-2009-6
All you grew up to be was a fat accountant with no life and a serious unhealthy obsession for pies
Pauline the loser once again proves he's an uneducated loser salesman with...
All you grew up to be was a fat accountant with no life and a serious unhealthy obsession for pies
Yeah, another convincing argument I stole your lunch money....LOLOLOLOL!!! BTW....as my post noted.....Bush did nothing his first 5 years in office to beef up the lax lending problem which was very evident.....Nice try asshole, gotcha again!!! BWAAAAAAAAA!!!
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