Letitia, another DEI hire, campaigned to get Trump

The latest non-crime and ridiculous "award" of nearly half a million (paid out to whom since there was no victim and no crime?) for "civil fraud" against Trump brings back to memory how our federal government created a housing/mortgage free fall in 2007-2008 and sent our entire nation into a recession by over valuing homes and getting inadequately funded suckers to fall for the trap. The government backed mortgage agencies have been over evaluating the real estate market for decades. We were helping our son buy a home at that time, and the ridiculous financing of that era was unbelievable--so we went the standard route with a solid down payment. Just call me Fannie Mae/Freddie Mac. The only crime was that of AG Letitia, another DEI hire, vowing in her campaign to get Trump. She used Trump to get elected. She called him "illegitimate" meaning she publicly campaigned on not believing in the results of the 2016 election. Isn't that illegal? Republicans are call Nazis for believing the 2020 election was a fraud. No one else would have ever been charged with what the government has done for decades.

See what New York AG said while running for office about charging Trump | CNN Politics

In 2008 I wrote a poem about the fed chair and the Secretary of the Treasury.

"I’ve got the low down, trillion dollar, Ben and Henry Blues"
by Norma Bruce ©

Woke up this morning ‘bout five fifteen,
Read my big ol Bible and a new magazine,
Jumped in the van, turning on the key
Let me tell you mama, there’s no stopping me.

Driving on to Main Street, stopping at the light
Heading for the coffee shop the other side of night,
Singing with the radio, changing stations now
Got the dog and pony show, candidates take a bow.

(refrain) Mitigating factors, oozing out the wazoo,
Sell ‘em or hold ‘em, it’s all a rescue.
I’ve got the low down, trillion dollar
Ben and Henry blues.

Warm bakery bread and yeasty brown rolls
Congress still propping up the C-E-Os
Espresso coffee chai and tea
The government ya know--that’s just you and me.

NINJA loans for aliens, flipping for the rich,
From coastal homes, to buildings in the sticks,
McBama to Fannie to Goldman Sachs
They’re pointing fingers and covering tracks.

(refrain) Mitigating factors, oozing out the wazoo,
Sell ‘em or hold ‘em, it’s all a rescue.
I’ve got the low down, trillion dollar
Ben and Henry blues.

More bad ideas on the economy from Biden--housing

When I first heard this on the radio, I thought it must be a joke.

"As part of the U.S. Federal Housing Finance Agency’s push for more affordable housing, home buyers with good credit scores will be forced to pay additional fees on their mortgages. Starting on May 1, the federally backed mortgage companies Fannie Mae and Freddie Mac will establish new loan-level price adjustments with private banks nationwide. Those additional fees will be used to subsidize home buyers with risky credit scores."

I switched to another station and heard the same story.

"Under a new Biden administration rule, home buyers with good credit will soon be forced to pay higher mortgage rates to subsidize loans issued to higher-risk borrowers."

So I went to the internet, to the "old media," and looked up FHA

"Mortgage industry specialists say homebuyers with credit scores of 680 or higher will pay, for example, about $40 per month more on a home loan of $400,000. Homebuyers who make down payments of 15% to 20% will get socked with the largest fees."

Am I the only one who remembers the 2007-2008 and the Fannie and Fred complicity in the housing bubble after millions who couldn't handle a mortgage plus all the costs and responsibilities of home ownership helped the economy go belly up and hurt the poor and middle class even more? The government wants to punish people who pay their bills and save to buy a home? Yike! All government bad ideas come from academe. I wonder which failed Socialist professor came up with this one.

I am so non-Bidenary. He's absolutely the worst of the worst presidents we've ever had. He's beginning to make Barack Obama look good. Yes, he's that bad.