Reply to How the US is subsidizing high-risk homebuyers

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How did the high risk buyers become less risky?   Most likely by screwing the low risk buyer by forcible packaging their mortgage with high risk buyers.  How about we package politician mortgage with high risk buyer instead.  Let these clowns pay for there own shit ideas instead of stealing from low risk buyers.[/quote]

This was not something that was voted on by politicians in Congress. 
It is a plan that is being enacted by the Federal Housing Finance Agency.... led by Biden-appointee Sandra Thompson.  [/quote]

Democratic reforms for the greater good:

Schools:
Grade inflation, ending race neutral entrance to rigorous high schools, less focus on “the correct answer” in math,teaching to the lowest common denominator keeping remedial students with advanced learners, ending standardized tests, act or Sat for colleges…anything to slide people by. Restorative justice for kids who get punched in the face rather than expulsion.

Crime:
Not removing dangerous drivers’ licenses even when they have $12,300 in speeding tickets and kill three people with their car, elevating felony shoplifting to $1,000 in California thereby de facto allowing shoplifting and encouraging organized theft and smash and grabs mobs of teens to walk in to CVS and take things without issue, criminal justice reforms like “youth Rehabiliation act” and “second look act” that allow dangerous violent criminals to have their criminal records shielded or so that murderers get out of jail early, “restorative justice” for people who have been attacked or the use of “violence interruptors” who disrupt not violence as all studies show.

Basically, yes, as a liberal I am paying attention. I’m outraged by the loss of abortion rights, but am equally shocked at these hair brained equity proposals which basically just encourage poor behavior. Democrats think they can just lax the rules raise graduation rates or to help lower incarceration rates and it is actually screwing up the nation in the long run.[/quote]

Sorry I meant to tie it in to this mortgage stuff. Basically punishing savers now too. I get it a lot of poor people have bad credit preventing them from buying homes, but do we need a 2008-2009 housing crash part two? Do we want to encourage people who won’t pay loans back to get benefits over diligent savers? According to this admin, yes. Lax the rules all around apparently.[/quote]

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