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Vietnam Imposes New Blogging Restrictions
GMAW is one of many to mention that the Vietnam government has approved a new set of regulations aimed at bloggers. The new restrictions ban bloggers from discussing certain subjects that the government deems sensitive or inappropriate. Not only are the topics limited, but bloggers are being directed to only write about issues that directly impact their personal lives. "The rules, which were approved Dec. 18, attempt to rein in Vietnam's booming blogosphere. It has become an alternative source of news for many in the communist country, where the media is state-controlled. The new rules require Internet companies that provide blogging platforms to report to the government every six months and provide information about bloggers on request."
Look at the parent here, is it really a troll or was a moderator simply abusing the system to push down my unpopular statements?
No, it's not just "Republican propaganda." The CRA was a large factor in the current mess... you're very correct about it being a combination of greed, over-optimism, poor judgment and risk-taking. Real-estate securities have always been a stable investment because real-estate lending has always been of a very conservative and regimented nature. Before the CRA, the idea of lending to a sub-prime borrower was simply out of the question... banks wouldn't do it, because the business of foreclosing on houses owned by the bank is simply a write-off for the bank to stop the bleeding... not exactly a money-maker. The CRA fostered an environment in which borrowers who had poor credit, no down payment, and an income too low to be deemed a safe percentage of total income for payment were suddenly turned into victims of racism or bigotry because the banks wouldn't lend to them. The appetite for real-estate investments was also growing to huge levels due to the increase in many nations' government investment strategies to buy real-estate related investments.