O crédito fácil

Profetas da destrutividade capitalista anunciam, como o piedoso Saramago, os pêsames aos trabalhadores que hoje colhem a safra do crédito irrestrito. Mas quando ditada a realidade pelo democrata Clinton o silêncio os encobre, pois que necessariamente a deturpação do ex-presidente seria a gênese da desmitificação da imagem obâmica, alicerçada na mudança e esperança às consequências nefastas oriundas da administração Bush.

Jornalecos como Estadão, Le monde Diplomatique e Folha de São Paulo, tal como a revista minocartista Carta Capital, argumentaram com veemência que o mercado em seu funcionamento natural culmina no caos; o Estado mostra-se de suma importância à devida regulamentação.

Quem exemplificasse o crédito fácil como manobra política de Clinton estaria fadado ao descaso.

Em 30 de setembro de 1999, sob a administração Clinton, escreveu Steven A. Holmes um artigo de título Fannie Mae Eases Credit To Aid Mortgage Lending, que atualmente se mostra de grande utilidade. Utilidade a quem, Filipe? Aos dissimulados.

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In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.

The action, which will begin as a pilot program involving 24 banks in 15 markets — including the New York metropolitan region — will encourage those banks to ext.

[…]

“Fannie Mae has expanded home ownership for millions of families in the 1990’s by reducing down payment requirements,” said Franklin D. Raines, Fannie Mae’s chairman and chief executive officer. ”Yet there remain too many borrowers whose credit is just a notch below what our underwriting has required who have been relegated to paying significantly higher mortgage rates in the so-called subprime market.”end home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans. Fannie Mae officials say they hope to make it a nationwide program by next spring.

[…]

”From the perspective of many people, including me, this is another thrift industry growing up around us,” said Peter Wallison a resident fellow at the American Enterprise Institute. ”If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.”

[…]

Fannie Mae, the nation’s biggest underwriter of home mortgages, does not lend money directly to consumers. Instead, it purchases loans that banks make on what is called the secondary market. By expanding the type of loans that it will buy, Fannie Mae is hoping to spur banks to make more loans to people with less-than-stellar credit ratings.