[Rich Lee]

Originally Posted by thisguyrighthere

Clinton pushing Fannie to make bad loans to people who obviously could not afford them didnt help. As soon as lenders saw artificial government created incentives to make bad loans they went nuts giving every junkie and burger flipper all they would take. What did the lender care? They could just pass it on to some sucker investment firm who probably figured they could pass it on to another sucker firms.

Thanks to the wonders of PARTIAL-deregulation.

President Clinton left office in January, 2001. The loans currently in default were made after this. By the way, it was rare to have non-income verification and 100-percent financing back then.

As one of the Cheshire town officials said to me while working the polls in November, 2006, "We Republicans have found a way to get more American to own homes - something the Democrats couldn't do. Home ownership is almost 70 percent."

...that was November 2006...The percentage of home ownership is now at its lowest point in over 20 years.

[kidyankee764]

Originally Posted by Rich Lee

President Clinton left office in January, 2001. The loans currently in default were made after this. By the way, it was rare to have non-income verification and 100-percent financing back then.

As one of the Cheshire town officials said to me while working the polls in November, 2006, "We Republicans have found a way to get more American to own homes - something the Democrats couldn't do. Home ownership is almost 70 percent."

...that was November 2006...The percentage of home ownership is now at its lowest point in over 20 years.

The games that both parties are playing with our money is sickening. Interesting how this meltdown is happening a month before the election...

[Rich Lee]

Originally Posted by kidyankee764

The games that both parties are playing with our money is sickening. Interesting how this meltdown is happening a month before the election...

You are correct. As is the case with most elections, it comes down to the lesser of two evils. How sad...

[mewith3]

Originally Posted by JayCT

Unfortunately our Governor is a reactionary. She does not do anything until after it happens. Maybe it is because Ct has been doing so well and there has not been a need to do that much. Certainly Michigan needs to do something and fast. JMHO, Jay

Michigan has been doing nothing and right now it's almost as if it is too little too late!!!

That's why so many are leaving.

[mewith3]

Originally Posted by HeadedWest

I don't know if we need one or not, but I certainly wouldn't be looking to Michigan for any guidance on how to run a state.

ITA! Michigan is not a good example at all.

[nish2006]

Originally Posted by Rich Lee

You are correct. As is the case with most elections, it comes down to the lesser of two evils. How sad...

In some ways, I'm glad I can't vote in this country yet. At the risk of oversimplifying, it seems (to me) a choice between an honorable but out-of-touch man who's resorting to gimmicks so he can win at any cost and a more balanced, cerebral person who may or may not be equipped to tackle the massive problems that lie ahead. Sometimes I wonder if they both now wish they had chosen a different election to run for President.
Good luck in the polling booth !

[Rich Lee]

Originally Posted by nish2006

In some ways, I'm glad I can't vote in this country yet. At the risk of oversimplifying, it seems (to me) a choice between an honorable but out-of-touch man who's resorting to gimmicks so he can win at any cost and a more balanced, cerebral person who may or may not be equipped to tackle the massive problems that lie ahead. Sometimes I wonder if they both now wish they had chosen a different election to run for President.
Good luck in the polling booth !

I heard one political analyst suggest that the Republicans "throw" this election and try again in four years since things are such a mess. It's easy to screw things up over 8 years, but it is very difficult to fix them in just 4.

[seymourct]

Michigan at least is now doing something ...anything they try is at least trying... trying to attract business... CT is doing nothing constructive to bring business here ... no, I do not want CT to mirror Michigan's economy... but at least they are now trying... The DECD, Rell, and all of the legislature needs to make it a top priority to bring commerce to CT..we are draining our labor supply to other states.

[HeadedWest]

Originally Posted by seymourct

Michigan at least is now doing something ...anything they try is at least trying...

Government is more powerful at screwing up things than they are at fixing things.