guess Ms. Pritzer didn't use common sense regulations, when she gave out these loans.

__________________
I am the greenest Republican I know.

Everything you ever wanted to know and more about Obama's witch doctor, Pritzker: "The Power of Penny Pritzker" Bloomberg's inside look at Obama's finance chair--business, family and politics

Shouldn't Obama have Pritzer resign as chairwoman since, much of the economy mess that he's banking his election on, can be traced back to her and his Chicago neighborhood.

__________________
I am the greenest Republican I know.

That's a pretty good article, agreed.

__________________
Man up.

There is good and bad in it.

The gov. required mortgages to be sold to people who plainly didn't qualify because of skin color.

Now we hear claims from the left on how greed in wall street unfairly targets minorities.

No it didn't. Give me a break. All the "Fair housing" rules say is that you can't deny a loan *on the basis of race*, among other things. Nowhere does it dictate who does and doesn't qualify for a loan.

Lordy.

__________________
Man up.

Then give me some of the other reasons why the economy is in the mess it's in. According to the news media, the main reason is the housing market being financed by sub-prime loans.

__________________
I am the greenest Republican I know.

I think the main point of removing Pritzer from her finance position with Obama's campaign, is for Obama's credibility to remain intact. If he can't be trusted to pick people of integrity, for positions in his campaign, how can he be trusted to pick reputable people in his administration.

__________________
I am the greenest Republican I know.

the old saying goes, "the rich get richer, and the poor get poorer"

Ely stated, “Superior’s trick, or business plan” under Penny Pritzker’s leadership was apparently “to concentrate on sub-prime lending, principally on home mortgages, but for a while in sub-prime auto lending, too.” In December 1992, the Pritzkers acquired Alliance Funding, a wholesale mortgage organization.

In a 2002 article in In These Times about Superior Bank’s collapse, business writer David Moberg reported that the bank’s operations were “tainted with the hallmarks of a mini-Enron scandal…And yet the bank’s owners, members of one of America’s wealthiest families, ultimately could end up profiting from the bank’s collapse, while many of Superior’s borrowers and depositors suffer financial losses.”


This woman, Penny Pritzker, is running Obama's money show. Too bad the American people have no idea how their being hoodwinked. The democrats seem to pay their elites very well, while keeping their base poor and stupid. Works for them!!!!

__________________
I am the greenest Republican I know.