U.S. Judge Manuel L. Real’s Signed “Findings of Uncontroverted Facts and Conclusions of Law”
Posted on May 31, 2012, in Postings. Bookmark the permalink. Leave a comment.
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- “Can anyone explain to me how the Italian banking crisis, which has been swept under the rug for years, fits the liberal American, Bernie/Warren narrative that greedy and reckless U.S. mortgage lenders and Wall Street’s greedy and fraudulent securitization of these “risky” mortgages caused the financial crisis? As I understand it, Italy didn’t have a housing bubble/bust…
- “Nobel Laureate in economics (for asset prices like housing/stocks/bonds & bubbles) Robert Shiller says we still (in 2017!) don’t know what caused the mid-1990s to mid-2000s, housing bubble, but liberal politicians like Senators Bernie Sanders and Elizabeth Warren, FCIC Chair Phil Angelides and their friends in the liberal Press, had no trouble calling (and continue to this day) for crisis era bankers to be jailed anyway, like totalitarian societies like Russia or Cuba (or like American McCarthyism),…
- “In high school English, most of us were taught to write essays by developing a thesis and providing three or more facts, to support this thesis. I’m not sure, but I suspect this has created a huge problem and a lot of fake news. Today, there were articles in my LA and NY Times discussing individual “victims” of the Trump Administration enforcing our existing immigration laws (which Congress, the people’s representatives, can change at anytime and has chosen not to). The “spin” was negative for Trump and his immigration policies…
- “Thanks to overbearing post-crisis government mortgage regulation, not only can’t many get the mortgage they want and deserve (costing 2 million jobs per JPMorgan’s Jamie Dimon), but as I pointed out recently, it costs roughly double ($4,000 pre-crisis vs. $8,000 today) for a lender to make a home loan. And now, on top of that, because of reduced competition caused by the crisis and government regulation (which acts as a barrier to entry), mortgage lenders today make almost 2.75 (60.5 bps divided by 16.2 bps) times the profit margin they did pre-crisis…
- “The political and media hysteria surrounding the Trump administration lies somewhere on the repulsiveness scale between the Jacobin excesses of the French Revolution and the McCarthy era. Thus far the public knows of no presidential action that would justify impeachment. Never mind, the crowd cries, let us have the verdict now…
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