Clinton resurrected the Community Reinvestment Act in 1995. The idea was to stop redlining by requiring banks to issue loans to low-income people who previously could not have bought houses due to poor credit ratings. Countrywide and other lenders originally balked at the idea, but were castigated by the Clinton administration for being greedy, and they eventually gave in. 

Xanax works better than Valium. Both come in handy when one exists in this grim and disgusting pit known as the San Joaquin Valley.

I just read or watch some comedy~Eddie Izzard is waiting in the DVD player as I type....pills are too expensive and every week the CDC or the FDA issues a new warning. The caller is an tragic example of where this dangerous road can lead.

Lois, you get the best calls!

Ack!! the deal on the bailout just fell apart...

It will be all right, sage.  We have drugs.

So, if the partial buyout of WaMu by JPMorganChase fails and it goes under this weekend, taking FDIC down with it, McBush can regale us with his wisdom come Monday morning.

His proposed solution:  Less regulation.

Oh, and a "blue-ribbon panel."

China just closed the piggybank.

http://www.reuters.com/arti...

 His proposed solution:  Less regulation.

Oh, and a "blue-ribbon panel."

And a 4th branch of government.

...pills are too expensive and every week the CDC or the FDA issues a new warning.

60 Xanax cost $8.00. You can't take them all the time, you have to find alternatives (like immersing yourself in your job).

Acta~ lol. I would not know,just going by my friends perscription....my house is clean enough,hubby feed, and all is well. Thanks for the advice though!

P.S. Where are you getting that price?

At Longs. You can get 90 (they're generic, and work the same) for $12.00, whether you have insurance or not.

Thanks! I'll pass along the info.

RF, I guess folks folks don't realize what it means when America's biggest trading "partner" says no more money to all American banks. I fear this crisis just took a really ugly turn. 

George W. Bush wanted a legacy, and he certainly has one now. Singularly the most abject failure in the history of American politics.

China's ceasing to participate in inter-bank lending with U.S. institutions isn't really that big a deal.  The Fed Lending Window is still wide open for any banks that care to partake.

The real concern will be when China decides to stop buying new U.S. Treasury Notes and starts selling off their $4 trillion dollar supply of them already in the Chinese treasury.  At that point, federal workers will be classified as Volunteers, federal subsidies, such as Social Security, Medicare and just about everything they send to the individual states, will dry up.

I would anticipate a few folks (300 million or so) might get a wee bit upset at that point.

And as Sam has pointed out on more thn one occasion on these blogs:

"The kings of the earth who committed fornication and lived luxuriously  with her will weep and lament for her, when they see the smoke of her burning, standing at a distance for fear of her torment, saying "Alas, alas, the great city of Babylon, that mighty city! In one hour your judgment has come.  And the merchants of the world will weep and mourn over her, for no one buys their merchandise anymore." Revelation 18: 9-11.