Well, I am going to revel in the “I told you so moment”, but yet another study asking the question”Did the Community Reinvestment Act (CRA) Lead to Risky Lending?“, reports that:
Yes, it did. We use exogenous variation in banks’ incentives to conform to the standards of the Community Reinvestment Act (CRA) around regulatory exam dates to trace out the effect of the CRA on lending activity. Our empirical strategy compares lending behavior
Who said ,”It’s good to be the king”?, oh yeah.
Putting on the Ritz, dressing to the nines, opulence times ten, the Obamas know how to throw a party, and they take great pride in standing tradition right on it’s bony head;
Amazing how a reelection can reshape an incumbent’s thinking about many things. Now safely ensconced in the White House for 49 more months, the Obamas have decorated the place with 54
We’re watching a typical fake truce in action in the Middle East right now. New rockets are on the way for Hamas and new Israeli settlements are being built further and further east. It’s only a matter of time before the next bloodletting begins.
All of this has led me to question why exactly it’s considered to be “conservative” to support Israel. Let’s acknowledge the fact that the Israelis are underdogs (they’re outnumbered in the … Read more
Enough already, you guys want the right to marry, have at it, anything to get you to shut up;
I’ll say one thing about lesbians, they sure are a whiz at math, look how quick she did that whole 9/41 ciphering thing, all in her head.
Not a bad angle to shoot for. Most of that stuff sounds pretty good to me, but lipstick lesbians? How dumb do they think we are? For every Portia … Read more
The drama continues.
A New York Judge has ordered Hostess and the kamikaze baker’s union to at least try working this out, but I think it’s too late.
Some of our own local businesses that use Wonder Bread (Arthur Bryant BBQ being one) are already being forced to switch to alternate vendors. Grocery stores also aren’t going to let that prime shelf space sit empty while this drags on, are they?
It looks like there was one overlooked item on the 2012 ballot that may turn interesting.
It appears that voters in Puerto Rico have opted to become a state, at long last. Why? Well, isn’t it obvious?
“Puerto Rico has to be a state. There is no other option,” said 25-year-old Jerome Lefebre, who picked up his grandfather before driving to the polls. “We’re doing OK, but we could do better. We would receive more
And there we have it. After a destructive 4 years of government manipulations that kneecapped our economy for the foreseeable future and a foreign policy platform that has left America not just vulnerable, but facing a more volatile world, the takers, now the majority in the US, opted not to stop the decline but to give us 4 more years of the same. And this painful outcome happened with what now looks like fewer … Read more
Here is your Grand Election Day Open Thread, courtesy of the Daily Thrill
It’s 6:30 AM in the Midwest and the polls are open. I’m going to go take care to vote.
Help me out today by sharing what you see at the polls (US only, of course, you smartasses), read, watch on tv, and come across on the Webz.
At some point tonight, we’ll know which of these two candidates wins the Presidency … Read more
The Contrarian has written an essay that he would like to share with the RTFLC readership. I’ve agreed to loan him my soapbox.
The views expressed below do not necessarily reflect my own and I reserve the right to argue for or against them in the comments. Please address any feedback to The Contrarian.
Take it away, TC:
Black and Against Obama By James Quentin Clark
I’m a twenty-something Black guy and I’m voting for
The Fourth Amendment takes another one in the seat for the Great Lost Cause.
U.S. District Judge William Griesbach ruled that it was reasonable for Drug Enforcement Administration agents to enter rural property without permission — and without a warrant — to install multiple “covert digital surveillance cameras” in hopes of uncovering evidence that 30 to 40 marijuana plants were being grown.
Funny thing about this: I do have some personal experience with this practice. … Read more
