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Demovictory9

(32,448 posts)
Tue May 21, 2019, 04:43 PM May 2019

Ben Carson confuses real estate term "REO" for "Oreo"

Rep. Katie Porter, D-Calif., was attempting to ask Secretary Carson about disparities in REO rates. According to Porter, Federal Housing Administration loans have far more properties that become real estate owned, than other loans from Fannie Mae or Freddie Mac.

“I would also like to ask you to get back to me, if you don’t mind, to explain the disparity in REO rates. Do you know what an REO is?” asked the congresswoman.

“An Oreo…” replied Carson.

“R, no not an Oreo. An R-E-O.” shot back Porter.

“Real estate?” asked Carson.

“What’s the O stand for?” said Porter.

“E-organization?” asked Carson.

----

After the hearing, Carson tweeted a picture of himself sending a pack of "Double Stuf" Oreos to Porter, along with a note.

"To Rep. Porter: Thanks for your part in today's hearing. Hope you like the OREO(s)," it read.





https://www.usatoday.com/story/news/politics/2019/05/21/ben-carson-real-estate-term-oreo-cookies/3755393002/

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Ben Carson confuses real estate term "REO" for "Oreo" (Original Post) Demovictory9 May 2019 OP
Is he on benzos? emmaverybo May 2019 #1
this will be in the movie grantcart May 2019 #2
BAnnon and putin said they would destroy our institutions and they did Eliot Rosewater May 2019 #3
republicans are unqualified and inept Achilleaze May 2019 #4
That Was No Mistake. Ben Was Just Being a Dick... The_Counsel May 2019 #5

grantcart

(53,061 posts)
2. this will be in the movie
Tue May 21, 2019, 04:47 PM
May 2019

Its like the pot calling the kettle "someone who doesn't even know the basic nomenclature of the industry you control"

That he mixed it up with the word "oreo" is beyond ironic.

Carson can always be counted on for comedic relief.

The_Counsel

(1,660 posts)
5. That Was No Mistake. Ben Was Just Being a Dick...
Tue May 21, 2019, 05:02 PM
May 2019

...per instruction from the White House, I'm sure.

The fact that Carson even showed up for the hearing at all was a small miracle.

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