Fed Governor Lisa Cook Fired with Cause
- Thread starter fatpiggy
- Start date
I think I mainly just have a higher standard for someone leading both NASA and the Dept of Transportation than I do one of 7 Fed board members. I care more about the huge amount of insider trading that happens in Congress. They have a chance to directly make decisions that favors themselves on a day to day basis. What she did, was A) a one time thing checking a box she shouldn’t have and B) lowered her offered rate for that one time and no decision she makes on the board will change that rate from that point forward.
All that being said, people keep arguing with me like I am saying she should just walk away. I have never said she was innocent. My claim is that the law should treat her just like anyone else that has done the same thing. But that all the virtue signaling and grandstanding from MAGA about it is ridiculous. The fact that 3 cabinet members have done the same thing just adds to what I already felt. Either it’s just a horrible thing and no one that does it can be trusted and should be fired. Or, you just want Trump to get his way and this is an excuse, and be honest about it.
Compare her credentials in economics to RFK Jr’s credentials in healthcare and get back to me.
@PalmettoTiger1 see here
Trump Is Accusing Foes With Multiple Mortgages of Fraud. Records Show 3 of His Cabinet Members Have Them.
The White House has targeted opponents, including a Fed governor, for having more than one primary residence on their loan papers. ProPublica found that, in one case, a Trump cabinet secretary got two such mortgages in quick succession.www.propublica.org
Curious how many people in this thread still think someone who has multiple primary residence mortgages should be fired with cause.
I feel you on the struggles of buying a home right now. Prices have exploded. Prices are way up all around. Lowering interest rates, while a quick fix on borrowing money, would exacerbate Prices going up.absolutely we're good.
I'm one of those real estate "tycoons", but I do understand macro and micro econ...we'll I'm stretching the term tycoon - (i'm trying to sell a condo. I remember from econ classes that historically house leads you into a recession and housing leads you out. Right now, I see possibilities of leading us in.....but I also see my grandchildren looking at buying homes and they simply can't afford it. The cost per thousand at 3% is $4.21 at 6% it's $6 -for 30 year mortgage....I'd like to see rates come down. Lower interest rates will help boost the economy in my opinion.
I don't like Trump firing cook just based on allegations. That's a slippery slope. And as I posted some time ago, he must know something we don't, because this was not a smart move
Folks want 30% more for a house they bought in 2020. That's stupid and that needs a correction. Not a lower rate.
"From the people I talk with"
Of course, you are a joke. At least @TigerGrowls admits he worships Trump and doesn't care about law or America.
You are are anti American and Anti law.
Thanks for the link
As always I think the accused need to have due process
Let them be investigated and have the lender snd borrower explain the way the loans are written
Based on the article apparently some lenders encourage the misrepresentation of primary versus secondary homes.
One thing you are NOT BRINGING UP is on a primary home for example property taxes in SC are at 4% which for my family runs about $3000 per year. We inherited a house which became a secondary house and not the primary. We had to pay $6000 at 6% for the house. That plus some insurance policies are higher when primary versus secondary is used.
The houses were basically identical in square footage so you see the valuation difference in making primary versus secondary or rental home.
The property taxed are fraud when attempted.
So to answer the question you are posing I say investigate and clean up this as I follow the laws and i expect others to follow the laws.
Does that answer your question.
The lady still needs to be removed if found providing false information.
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You are supporting a politician over the law and the Constitution of our country.
I would love to do more research however I will confess I have a busy schedule.
Right now I am trying to talk to property tax assessors in Polk County and Miami about tax policies on reassessment to make a point with Lafayettebear.
I like information from the horse’s mouth.
If I could lean on you please drop me a comparison.
I am still doing business even though I say I am retired.
Have to tend to some family matters also.
I am almost positive they did and the mortgage issue was clearly not brought up.
I think it was probably concealed at that time.
It it had been brought up and she was still confirmed the I would argue she was investigated and confirmed with the issue being exposed so she should NOT BE REMOVED.
If that makes sense because if people are made aware of something and still vote YES then accept you voted knowing the flaw.
This is yoshi extrapolating what I said through the prism of his tiny lib brain. LMFAO!!!
And the cabinet members should also be investigated and removed if found to have provided false information? Like saying primary residence on 3 homes?
So why did you say she was an unqualified DEI hire?
So what’s the difference in her and the cabinet members in the same situation?
I thought it was because of "people he talked to?" LOL
I think I said investigate ALL PEOPLE
IS THERE A PROBLEM WITH YOU TAKING YES FOR AN ANSWER LOL
I just want you to confirm you want the three cabinet members removed from their positions same as Lisa Cook if they committed the same crime.
My friend, you started by saying she was a DEI hire. They didn't pull that card first.
Based on some news shows and people I talked to about her and her past actions
Who claimed she was a DEI hire?
Based on her resume and credentials she is extremely qualified.
What makes her a DEI hire in your mind?
Be careful as the lenders may NOT VIEW THE BORROWERS AS CRIMINAL
they may have been advised by the lending institution to fill out the form in that manner
everything is not black and white for the racist peddlers on here and YOU KNOW WHO YOU ARE
Since the Lisa Cook accusations came from the administration and not the lending institution, the same could be true about Cook. Could be why Bondi is having the DOJ investigate, not the institution and the usual investigators.
Like what past actions make her a DEI hire? And what have the news shows and people said about her?
Genuinely would like to hear.
I personally view her as a DEI hire based on her history I have viewed casually on the news
I have said already multiple times and I am going to think you have a problem with reading
Investigate and vet candidates and if the laws support a problem or criminal activity then take action to fix it
Stop beating a dead horse
Do I need to send you a notarized court appoved
statement
Geez this obsessive compulsive repeating about what i said
I said investigate and if people are found lacking in candor and have broke financial laws as required by the position one is filling then remove them
The lady in my opinion has failed to be candid and needs to be fired
That will NEVER CHANGE FROM ME FOR HER
Sad.
You support a party over what's right.
To call her a DEI candidate without the ability to actually explain why you feel she is unqualified is earth sexist,racist or both.
But he heard it on FoxNews and Elmer down at the post office said so
Great, you support firing the 3 cabinet members as well after investigation.
What if her lending institution said that they encouraged her to do the same as you said on the others and don't view it as criminal?
You reveal you own bias
Fire after investigation
Sounds like you have made you mind up up to fire them because they are MAGA Trump supporters and the same attitude you berate those folks for
I admit my opinion is based on her failure to NOT DENY SHE FALSIFIED THE APPLICATION
Second the fact the Mayor if Baltimore was jailed one year for her exact same thing
She will get her day in court I support that
What if investigation reveals it was acceptable
If the lending institution encouraged her then that changes the story
But again if she has lacked candor she has a problem
I am not hearing anything from her saying she did not do it
lol I reveal my bias, but not you saying fire her without knowing what her institution told her.
I am merely stating treat them both the same.
So investigate them, but fire her immediately.
Wow, does her being a Black Women upset you that much?
At least admit that you see the incredible bias of your position
There is no bias in my position
I am satisfied based on the information I have she does Not Need to be a Fed Governor
Stop with the little league mentality you have in trying to gaslight me
Share your " information" that she shouldn't be a governor.
And try again to explain saying she is a DEI hire.
I understand the point you're trying to make here. But the Senate doesn't enforce the laws....if they knew about it they should have referred her to DoJ. I don't equate this crime with murder or armed robbery. We likely could solve the problem by having the lenders call the loans. And then we could at least see a result.
I get you though. Remember though that she was nominated by Biden, democrats controlled the Senate and Kamala had to vote to break a 50-50 vote.
Is she being made a scapegoat? Of course she is. Is Trump working for his majority on the board? It sure seems like it. Did she violate the law? appears so. Do a lot of Americans do the same thing? yep, no question. Maybe even some on here casting the stones have done it themselves.
well to show my business acumen, I bought a property before selling the one I had (I already have a separate primary residence in Florida) so now I have 3. And, just to go one step further, I paid top dollar on the purchase and have proceeded to put in total new kitchen, new floors, new master bath, new drapes and automatic shades, and all new lighting. And after two months still haven't sold my first unit. In my defense, both my wife and I really wanted this unit, had been looking at similar ones for 5 years. And hey, my wife is happy, that's all that matters
I'll never get my money back on this new place, but as I'm moving a little closer in the "check out lane" every day, having to deal with it will become my son's problem
Worst part is that in my building units usually sell within days and prices already have moved downward by about $40k.
But, you know what life goes on. By the way, carrying 3 mortgages will make a man out of you!!
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