Comments on: Claim: You rated our constituents as too creditworthy

By: Todd Rogers

Todd Rogers — Wed, 03 Dec 2008 22:37:11 +0000

This is where I provide a “non-comment.” If I write what I’m thinking, it will likely surface in a job interview twenty years from now and the spin will indefensible.

By: nevins

nevins — Wed, 03 Dec 2008 18:55:28 +0000

If you think community organizations are a front for social shenanegans, then look out for the ‘community organizer’ in chief.

By: K

Wed, 03 Dec 2008 18:26:06 +0000

This way it works is: the ratings agencies have money. The community organizations want money.

This doesn’t seem to be in federal court. Yet. It is an attempt to get administrative action. That may bully the rating agencies into a payoff. And it may well work.

The agencies will probably also agree to award a seat on their board to some already rich community organizer.

By: PatW

PatW — Wed, 03 Dec 2008 17:58:32 +0000

Don’t these people realize that without subprime loans the poor people wouldn’t have been able to buy the house int he first place? Are they seriously saying that the banks should have given poor people favorable loans? Don’t they know that poor people get subprime loans bexause that’s the only loans they CAN get?

I think they DO know this, and they are greedy and looking for money for nothing.

They also strongly imply that blacks and hispanics get subprime loans because they are black and hispanic. How are they allowed to imply something so blatantly wrong?

By: Matt

Matt — Wed, 03 Dec 2008 17:12:18 +0000

The lesson here is to be wary of the word “community”, because invariably it is used to place a facade of popular support on someone else’s agenda.