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Old 07-18-2010, 09:06 AM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,323,407 times
Reputation: 7627

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Quote:
Originally Posted by workingclasshero View Post
yet the liberals TODAY say the republicn MINORITY is overriding the democrat MAJORITY......oh the irony
There is a world of difference between having enough votes to STOP legislation and having the votes to ENACT legislation.

Quote:
Originally Posted by workingclasshero View Post
oh and NAFTA was signed and passed in December 1993....under a DEMOCRAT CONTROLLED CONGRESS

try again ken
True enough - though NAFTA passed with MORE GOP support than Democratic.

"...with much consideration and emotional discussion the House of Representatives approved NAFTA on November 17, 1993, by a vote of 234 to 200. The agreement's supporters included 132 Republicans and 102 Democrats. NAFTA passed the Senate 61-38."

North American Free Trade Agreement - Wikipedia, the free encyclopedia

How's that?
Does THAT provide enough evidence of GOP support of NAFTA?
Face it, the GOP supported NAFTA by an even wider spread than the Democrats did.
The GOP wanted NAFTA - while most votes against it were by Democrats.
And THAT is a fact.

https://www.senate.gov/legislative/L...00395#position

So - even the ONE SINGLE example you listed that was passed by a Democratically controlled Congress passed with more GOP support than Democratic support. ALL the the rest of the examples you give passed a Congress under GOP control.

Ken

Last edited by LordBalfor; 07-18-2010 at 09:15 AM..
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Old 07-18-2010, 09:09 AM
 
Location: Maine
561 posts, read 505,558 times
Reputation: 306
Default You Asked For It . . .

Quote:
Originally Posted by momonkey View Post
Did you have a link to the legislation he signed?
Yup

United States Code: Title 12,CHAPTER 46—GOVERNMENT SPONSORED ENTERPRISES | LII / Legal Information Institute

Happy reading

BTW, the legislation set the "minimum" acceptable level of sub-prime mortages thru 2000. From that point forward (2001 and again in 2004) the W administration raised the required level of sub-prime mortgages to more than 50%.

Good Job W !
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Old 07-18-2010, 09:11 AM
 
69,368 posts, read 64,090,553 times
Reputation: 9383
Quote:
Originally Posted by LordBalfor View Post
There is a world of difference between having enough votes to STOP legislation and having the votes to ENACT legislation.
The GOP didnt even have enough votes to STOP legislation, that didnt stop liberals from blaming them anyways.
Quote:
Originally Posted by LordBalfor View Post
True enough - though NAFTA passed with MORE GOP support than Democratic.
But most Republicans opposed NAFTA.. And while we're on the topic, do you really think NAFTA is to blame for the economic crisis we are facing at the moment? We have a money crunch, not really a problem created by NAFTA..
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Old 07-18-2010, 09:12 AM
 
Location: Long Island
32,816 posts, read 19,475,534 times
Reputation: 9618
Quote:
Originally Posted by LordBalfor View Post
There is a world of difference between having enough votes to STOP legislation and having the votes to ENACT legislation.



True enough - though NAFTA passed with MORE GOP support than Democratic.

"...with much consideration and emotional discussion the House of Representatives approved NAFTA on November 17, 1993, by a vote of 234 to 200. The agreement's supporters included 132 Republicans and 102 Democrats. NAFTA passed the Senate 61-38."

North American Free Trade Agreement - Wikipedia, the free encyclopedia

How's that?
Does THAT provide enough evidence of GOP support of NAFTA?
Face it, the GOP supported NAFTA at LEAST as much as the Democrats did. In the House - even MORE SO.
The GOP wanted NAFTA.
And THAT is a fact.

Ken
yea
and

the FACT remains that the GOP, and the DNC, and clinton all WANTED NAFTA, they even said it would create jobs.......they were wrong...yet even obama has pushed for increases to all the free trade agreements (obama pushed and got (as a senator) OFTA (free trade to Oman))

the main point is that 2 MAIN ISSUES CAUSED the financial meltdown......the loss of jobs to 'freetrade agreements', and the housing bubble,,,......and they all started BEFORE Bush came into office
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Old 07-18-2010, 09:13 AM
 
Location: Maine
561 posts, read 505,558 times
Reputation: 306
Default The truth will set you free

Quote:
Originally Posted by workingclasshero View Post
Finally, 30 percent of the mortgages purchased by Freddie Mac and Fannie Mae would be required to come from low- and moderate-income housing. which was the liberal thing to do, by the liberal congress
Signed by a Republican President
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Old 07-18-2010, 09:14 AM
 
69,368 posts, read 64,090,553 times
Reputation: 9383
Quote:
Originally Posted by Recovering Democrat View Post
Yup

United States Code: Title 12,CHAPTER 46—GOVERNMENT SPONSORED ENTERPRISES | LII / Legal Information Institute

Happy reading

BTW, the legislation set the "minimum" acceptable level of sub-prime mortages thru 2000. From that point forward (2001 and again in 2004) the W administration raised the required level of sub-prime mortgages to more than 50%.

Good Job W !
note the title of your link.. GOVERNMENT SPONSORED ENTERPRISES..

Government SHOULDNT be sponsoring ANY enterprise.. THATS WHAT CAUSED THE PROBLEM.. If government didnt sponsor the mortgages, banks wouldnt have loaned them..

but you do understand that the sub prime mortgage didnt cause the economic collapse, it was AAA mortgages, and you do know that it didnt start in america, right?
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Old 07-18-2010, 09:16 AM
 
Location: Long Island
32,816 posts, read 19,475,534 times
Reputation: 9618
Quote:
Originally Posted by pghquest View Post
.. And while we're on the topic, do you really think NAFTA is to blame for the economic crisis we are facing at the moment? We have a money crunch, not really a problem created by NAFTA..
I do believe that nafta and cafta, and all the other 'freetrade agreements' did cause a loss of jobs here in the USA

clinton claimed he created 20 million jobs...actuallly he lost jobs ....he created 20 million low paying jobs, while 25 million high paying jobs left...and that CONTINUED under bush

free trade(no import tarrifs) cost us jobs...just like low tax states take jobs from high tax states
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Old 07-18-2010, 09:16 AM
 
69,368 posts, read 64,090,553 times
Reputation: 9383
Quote:
Originally Posted by workingclasshero View Post
""Finally, 30 percent of the mortgages purchased by Freddie Mac and Fannie Mae would be required to come from low- and moderate-income housing. """" which was the liberal thing to do, by the liberal congress
Quote:
Originally Posted by Recovering Democrat View Post
Signed by a Republican President
Actually presidents dont sign bills to have Freddie and Fannie purchase mortgages.
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Old 07-18-2010, 09:18 AM
 
69,368 posts, read 64,090,553 times
Reputation: 9383
Quote:
Originally Posted by workingclasshero View Post
I do believe that nafta and cafta, and all the other 'freetrade agreements' did cause a loss of jobs here in the USA

clinton claimed he created 20 million jobs...actuallly he lost jobs ....he created 20 million low paying jobs, while 25 million high paying jobs left...and that CONTINUED under bush

free trade(no import tarrifs) cost us jobs...just like low tax states take jobs from high tax states
I do believe they created a loss of jobs, but I also believe that regardless of jobs, the money crunch and collapse would have taken place, especially considering the money crunch began in Switzerland (UBS Bank to be exact)
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Old 07-18-2010, 09:19 AM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,323,407 times
Reputation: 7627
Quote:
Originally Posted by workingclasshero View Post
yea
and

the FACT remains that the GOP, and the DNC, and clinton all WANTED NAFTA, they even said it would create jobs.......they were wrong...yet even obama has pushed for increases to all the free trade agreements (obama pushed and got (as a senator) OFTA (free trade to Oman))

the main point is that 2 MAIN ISSUES CAUSED the financial meltdown......the loss of jobs to 'freetrade agreements', and the housing bubble,,,......and they all started BEFORE Bush came into office
And even assuming your argument is valid - which I'm not sure I buy - those two main issues were BOTH championed by the GOP as well. The former passed with more GOP Congressional votes than Democratic ones and the latter passed under a GOP controlled Congress. Even with your own argument - which again, I'm not sure I buy - the GOP has to share blame. The Republican Party championed both of those issues.

Ken
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