Message from @Xenoframe

Discord ID: 500772598842523688


2018-10-13 20:47:23 UTC  

t

2018-10-13 20:47:26 UTC  

I except 3 paragraphs with 4 sentences

2018-10-13 20:47:32 UTC  

full grammar

2018-10-13 20:47:48 UTC  

>except

2018-10-13 20:47:51 UTC  

<:brainlet:404155381359706132>

2018-10-13 20:48:23 UTC  

mord do you like carnivore

2018-10-13 20:49:06 UTC  

So So

2018-10-13 20:49:14 UTC  

More DM shills

2018-10-13 20:49:27 UTC  

I swear if this nigga don't write up at least 4 paragraphs im gonna be pissed

2018-10-13 20:49:37 UTC  

I love this song

2018-10-13 20:50:05 UTC  

TO RID THE EARTH OF ABOMINATION I PROCLAIM MY NOMINATION AS THE THERMOUCLEAR WARRIOR

2018-10-13 20:50:59 UTC  

The demand for subprime loans influenced and enforced by govt via Clinton's polities (referenced above) rocketed during '01, which increased around nearly two-hundred and five percent, coupled with Fannie and Freddie's need to meet govt. quotas as they bought from other mortgage originators -- loans having to be made to those below the median income relative to their residing communities; this enforced quote had doubled up until '07. Wallison does a good job of explaining the crisis:

`It is certainly possible to find prime mortgages among borrowers below the median income, but when half or more of the mortgages the GSEs [i.e., Fannie Mac, Freddie Mac] bought had to be made to people below that income level, it was inevitable that underwriting standards had to decline. And they did. By 2000, Fannie was offering no-downpayment loans. By 2002, Fannie and Freddie had bought well over $1 trillion of subprime and other low quality loans. Fannie and Freddie were by far the largest part of this effort, but the FHA, Federal Home Loan Banks, Veterans Administration and other agencies—all under congressional and HUD pressure—followed suit.`

2018-10-13 20:51:09 UTC  

SSSSSSSSSSSSSSSSS

2018-10-13 20:51:14 UTC  

Spilled

2018-10-13 20:51:14 UTC  

SSSSSSSSSSSSSSSSSSSSSSS

2018-10-13 20:51:26 UTC  

Oh so you just copy and pasted from an article

2018-10-13 20:51:27 UTC  

Yeah ignore the SSSSSS

2018-10-13 20:51:28 UTC  

only 2 paragraphs

2018-10-13 20:51:31 UTC  

SSSSSSSSSSSSSSSSSS

2018-10-13 20:51:52 UTC  

and now talk about the other half of the cause

2018-10-13 20:52:02 UTC  

Which article did you copy and paste this from @irix

2018-10-13 20:52:06 UTC  

oh lmao

2018-10-13 20:52:10 UTC  

nailed it

2018-10-13 20:52:25 UTC  

You can't even defend your own position without someone else doing it for you

2018-10-13 20:52:26 UTC  

Copy and paste what?

2018-10-13 20:52:30 UTC  

the fact that the banks in question were making risky foreign investments with the money they were supposed to be keeping for their clients

2018-10-13 20:52:35 UTC  

regulation solved this issue

2018-10-13 20:52:37 UTC  

<:ThinkStare:424813165671481345>

2018-10-13 20:52:50 UTC  

I used a quote by a prominent congressman to defend what I had stated

2018-10-13 20:53:11 UTC  

You can trace what I said, it was certainly not copied from any source.

2018-10-13 20:53:12 UTC  

nice appeal to authority

2018-10-13 20:53:23 UTC  

An appeal to experience, not authority.

2018-10-13 20:53:33 UTC  

no its authority

2018-10-13 20:53:42 UTC  

actually i promised you could argue with normie

2018-10-13 20:53:52 UTC  

dstryd

2018-10-13 20:53:55 UTC  

lul

2018-10-13 20:53:57 UTC  

But you could actually read what he said rather than crying 'authority' because a point was made.

2018-10-13 20:53:58 UTC  

lol