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Steve_Sailer's profile
Steve Sailer
Steve Sailer
Steve Sailer
@Steve_Sailer

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Steve Sailer

@Steve_Sailer

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unz.com/isteve
Joined October 2010

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    1. Steve Sailer‏ @Steve_Sailer Sep 14

      Steve Sailer Retweeted Matt Taibbi

      Question you have to ask yourself, @mtaibbi, is: Why, out of all the financial instruments in the world, what actually set off The Crash was bad mortgage lending in heavily Hispanic "Sand States (CA, NV, AZ, FL)? A. GWB's 2002 WH Conference on Increasing Minority Homeownership.https://twitter.com/mtaibbi/status/1040742820385050624 …

      Steve Sailer added,

      Matt TaibbiVerified account @mtaibbi
      The same thing happened to Mozilo, who managed to sell off 87% of his inventory (according to the FCIC) and surely would have sold much more had Moody’s not finally downgraded him in August of 2007, causing most of his customers to bail. https://twitter.com/Steve_Sailer/status/1040728400657244160 …
      3 replies 21 retweets 76 likes
      Show this thread
      Steve Sailer‏ @Steve_Sailer Sep 14

      This is not to say that a Crash wouldn't have eventually happened without Bush/Mozilo/Cisneros undermining traditional mortgage credit standards in name of racial equality, just as WWI might not have needed Archduke's assassination. But, why ignore the actual chain of events?

      6:00 PM - 14 Sep 2018
      • 6 Retweets
      • 49 Likes
      • Stephen Swain nadinecarroll Max Denken DFW Identitarian Right Generalfeldmarschall von Mackensen  🇩🇪 Aeneas Patrick Casey Beau Sauvage Glaivester
      10 replies 6 retweets 49 likes
        1. New conversation
        2. Chuck Hinkle‏ @CLHinkle Sep 15
          Replying to @Steve_Sailer

          I wonder if we’re looking for political & cultural faults when the culprit is plain greed. Just as Bushes & company orchestrated & profited from the S&L crash, was the mortgage crash another transfer of wealth to them?

          1 reply 0 retweets 1 like
        3. Steve Sailer‏ @Steve_Sailer Sep 15
          Replying to @CLHinkle

          The Bush Dynasty expected to profit politically by bribing Hispanics with easy mortgages to vote Republican. Jeb Bush speaks Spanish at home and his son George P. Bush, GHW Bush's "little brown one," was penciled in for the White House in the 2030s. Elect a new electorate!

          0 replies 0 retweets 1 like
        4. End of conversation
        1. New conversation
        2. Eric Rasmusen‏ @erasmuse Sep 14
          Replying to @Steve_Sailer

          Good analogy.

          1 reply 0 retweets 1 like
        3. Steve Sailer‏ @Steve_Sailer Sep 14
          Replying to @erasmuse

          Similarly, Sand State Mortgage Meltdown that grew out of Bush's "Increasing Minority Homeownership" push was to the 2008 Global Financial Crash as the October 1929 NY Stock Market Crash was to the Great Depression. We shouldn't overemphasize it but we shouldn't ignore it either.

          0 replies 0 retweets 0 likes
        4. End of conversation
        1. DFW Identitarian Right‏ @DFWAltRight Sep 14
          Replying to @Steve_Sailer

          Because you say blasphemy! Diversity and that in service to it was, is, and shall always be Our Greatest Strength.

          0 replies 0 retweets 2 likes
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        1. 𝐌𝐨𝐧𝐬𝐢𝐞𝐮𝐫 𝐁𝐨𝐮𝐯𝐚𝐫𝐝‏ @MonsieurBouvard Sep 14
          Replying to @Steve_Sailer

          Debate and dispute with the un-educable is squandering one's important resources. "𝘓𝘪𝘴𝘵𝘦𝘯 𝘵𝘰 𝘦𝘷𝘦𝘳𝘺𝘰𝘯𝘦. 𝘉𝘦 𝘱𝘪𝘰𝘶𝘴𝘭𝘺 𝘴𝘪𝘭𝘦𝘯𝘵. 𝘋𝘰 𝘢 𝘧𝘳𝘪𝘦𝘯𝘥 𝘢 𝘧𝘢𝘷𝘰𝘳. 𝘕𝘰𝘵𝘩𝘪𝘯𝘨 𝘵𝘰 𝘦𝘹𝘤𝘦𝘴𝘴. 𝘜𝘴𝘦 𝘵𝘪𝘮𝘦 𝘴𝘱𝘢𝘳𝘪𝘯𝘨𝘭𝘺" - the Delphic Oracle

          0 replies 0 retweets 1 like
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        1. Bill Hickey‏ @Freesmith Sep 14
          Replying to @Steve_Sailer

          For the same reason, Steve, that the Hispanic family in “The Big Short” was shown to be dutifully paying off its mortgage. When facts and the Narrative diverge, print the Narrative.

          0 replies 0 retweets 1 like
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        1. nroc‏ @nicoroc Sep 14
          Replying to @Steve_Sailer

          Yea people get edgy when you bring it up

          0 replies 0 retweets 1 like
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        1. Mr. Smythe‏ @MrSmythe5 Sep 15
          Replying to @Steve_Sailer

          @mtaibbi ?

          0 replies 0 retweets 0 likes
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        1. 𝐌𝐨𝐧𝐬𝐢𝐞𝐮𝐫 𝐁𝐨𝐮𝐯𝐚𝐫𝐝‏ @MonsieurBouvard Sep 14
          Replying to @Steve_Sailer

          https://archive.org/stream/DelphicMaximsCB631987/Delphic%20Maxims%20%5BCB63-1987%5D#page/n7/mode/1up …

          0 replies 0 retweets 0 likes
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        1. Kenton McCarthy‏ @colonelguano Sep 14
          Replying to @Steve_Sailer

          And yet Buffett and Munger still walk free.

          0 replies 0 retweets 0 likes
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        1. JMTurney‏ @rascalman4 Sep 14
          Replying to @Steve_Sailer

          There is only the narrative. Everything is political gamesmanship. The Community Reinvestment Act, inarguably, was the catalyst for 2008 crisis.

          0 replies 0 retweets 0 likes
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