Tag Archives: reform

Reform of Fannie Mae & Freddie Mac – Homeownership & Equity Protection Act

  1.  

    1. After 12 years of Republican control, the Republicans failed to enact meaningful reform of Fannie Mae and Freddie Mac.
  2.  

    1. In 1994 the Democratic Congress passed the Home Ownership & Equity Protection Act (HOEPA).
  3. The Truth versus the Republicans on the Regulation of Subprime Mortgages and Fannie Mae and Freddie Mac

    The Homeownership & Equity Protection Act

    1. That law included a host of consumer protections for high-cost mortgages and specifically required that the Federal Reserve issue rules to stop abusive lending practices.
    1. During the 12 years of Republican control – which included the subprime housing bubble at the heart of our current economic crisis – no regulation was ever enacted under that authority.
    1. Former Fed Chairman Greenspan was asked numerous times to issue rules (including internally by Former Governor Ed Gramlich) but refused on ideological grounds.
    1. Republican ideologues have long thwarted mortgage and consumer protection.
    1. Only after the Democrats took control of the Congress and initiated specific legislative reforms (H.R. 3915) did Federal Reserve Chairman Ben Bernanke finally issue regulations under the very authority they have had since 1994.

    Reform of Fannie Mae & Freddie Mac

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Islam and Muslim Protests in London, UK, and Europe – Impotence, Intolerance, and Violence

I received an email this morning picturing Muslims protesting on the streets of London, England with anger in their hearts, hatred in their mouths, and slogans of violence on signs in their hands. Is this the heart of God? I think not.
Among the disheartening images I saw, the unforgettable words on the signs read:
“Europe you will pay. Demolition is on its way.”
“Europe you will pay. Your extermination is on its way.”
“Butch those who mock Islam.”
“Europe is the cancer. Islam is the answer.”
“Islam will dominate the world.”
“Europe take some lessons from 9/11.”
“Europe you will pay. Your 9/11 is on its way.”
“Be prepared for the real holocaust.”
“Massacre those who insult Islam.”
“Exterminate those who insult Islam.”
“Behead those who insult Islam.”
“Slay those who insult Islam.”
They who seek to defend their religion with violence prove to the world that God is not in it. Cannot God defend Himself without human help? I think so. Yet when God is not in a man-made religion, religious followers must arise to kill, compel, and constrain people to obey its rigid and frigid tenets.  
God is love and will defend the glory of His Name! 
 
Have you forgotten “Thou shalt not take the Lord’s name in vain; for the Lord will not hold him guiltless” (Exodus 20:7).  Muslims, Americans, Christians, and anyone who advocates killing in God’s name does not know the Lord (John 16:1-3). God Himself will uphold the honor of His name and judge those who advocate killing in His holy Name. God is a life giver, not a killer.
Jesus did not come to destroy lives, but to save lives (John 3:17).
They who kill innocent blood, there blood will be shed (Genesis 9:6).
 
What we tolerate will dominate. If the British permit this type of behavior on their streets, it will persist until they become fed up and swiftly deal with these evildoers.  Until the British awake to the backsliddeness of their hearts and destitute spiritual condition, Islamic fundamentalism and protests such as this on their streets must continue to intensify to get their attention. Spiritual battles require spiritual wisdom, power, love, and discipline to win (see 2 Corinthians 10:3-6).
 
The British must awake, arise, and boldly confront evil lest they be overtaken by it!
As for your remarks about political candidates, the hope of America and the world is not in elections but in Jesus Christ and His church.  Political candidates only serve to reveal the spiritual state of the people who elect them. 

Paul F Davis – Revivalist, Worldwide Minister, and Author of several books including God vs. Religion

Paul F Davis is a worldwide minister who moves in the miraculous to touch and transform humanity.

Paul has a unique ability to hear the voice of God, naturally bring forth the supernatural in a playful and heartfelt fashion, unlock and simply explain divine mysteries, impart life changing revelation, and usher in powerful manifestation bringing heaven to earth.

 

Paul is the author of several books including Waves of God; Supernatural Fire; God vs. Religion; United States of Arrogance; Poems that Propel the Planet; Breakthrough for a Broken Heart; Adultery 101; Are You Ready for True Love; Stop Lusting & Start Living; and many more!

 

Paul’s compassion for people & passion to travel has taken him to over 50 countries of the world where he has had a tremendous impact. Paul’s Dream-Maker Ministries builds dreams, transcends limitations, & reconciles nations.

 

Do we need to insult Islam? It seems they who claim to be Muslims are already doing a pretty good job.
Paul F Davis – author of God vs. Religion

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