VentureBeat - Latest Comments in MapLight: Bailout supporters received more money from banks and securities

Re: MapLight: Bailout supporters received more money from banks and securities

surya — Tue, 30 Sep 2008 11:16:17 -0000

Matt-- this also goes to this and though you'd find this interesting too: http://www.fivethirtyeight....

Re: MapLight: Bailout supporters received more money from banks and securities

S.t — Tue, 30 Sep 2008 08:18:06 -0000

http://www.youtube.com/watc...

AH -- you'll luv this

Re: MapLight: Bailout supporters received more money from banks and securities

Matt Marshall — Mon, 29 Sep 2008 22:02:53 -0000

Surya, good point. We've updated with a nod to that possibility!

Re: MapLight: Bailout supporters received more money from banks and securities

S.t — Mon, 29 Sep 2008 21:53:56 -0000

http://www.nypost.com/seven...

"WHAT exactly does a "community organizer" do? Barack Obama's rise has left many Americans asking themselves that question. Here's a big part of the answer: Community organizers intimidate banks into making high-risk loans to customers with poor credit."

(I was going to link a video from YouTube, but the Lefties yanked it)

Re: MapLight: Bailout supporters received more money from banks and securities

Michael F. Martin — Mon, 29 Sep 2008 21:48:34 -0000

This is a particularly good demonstration of public choice theory. Mancur Olson was noticing this stuff 40 years ago, and Arthur F. Bentley 100 years ago.

But some people don't believe in theory until they see the evidence themselves. Congrats to Maplight for such a powerful demonstration of the usefulness of their technology.

Re: MapLight: Bailout supporters received more money from banks and securities

Anthony Ha — Mon, 29 Sep 2008 21:15:10 -0000

You'd probably make your points more effectively if you actually laid out your argument and linked to supporting evidence. Not that VentureBeat is really the best place to have a discussion about Fannie and Freddie.

On your last point, I did actually write about a similar-but-not-identical issue at my old gig: http://www.hollisterfreelan...

Re: MapLight: Bailout supporters received more money from banks and securities

surya — Mon, 29 Sep 2008 21:09:10 -0000

what if that's because the people that don't get money, don't get money because they're ideologues?

Re: MapLight: Bailout supporters received more money from banks and securities

S.t — Mon, 29 Sep 2008 20:53:41 -0000

AH -- who got big money from Fannie & Freddie?

& who asked the head of Fannie Mae to chose his VP for him?

& can you pen a post on the liberal lending standards ushered in by Obama's ACORN? & why giving people loans based on skin color instead of credit strength was a bad idea?