U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 08-02-2019, 02:14 PM
 
Location: Manchester NH
9,823 posts, read 2,722,555 times
Reputation: 2617

Advertisements

https://talkingpointsmemo.com/edblog...invisible-ways



Not surprising. I agree with Stoller that Obama promoted objectively bad policies like letting 10 million people lose their home, funnel a trillion dollars back to the financial market, and forcing costumers onto private insurance companies concentrating wealth towards a few companies, and allowing a new era of corporate consolidation.






But like Stoller says, the vast majority of democrats love Obama so opposing his policy while defending the man will involve a great deal of dishonesty for someone who wants to win.


edit: And the democratic leadership/elite doesn't want the party questioning his legacy since it would indite many more people than just the Obama administration, but the intellectual 'left' wing elite who were complicit during his presidency. And that's not even considering the foriegn policy establishment Obama promoted/protected from international justice:

https://www.politico.com/story/2019/...-biden-1444825

Last edited by Winterfall8324; 08-02-2019 at 02:32 PM..
Reply With Quote Quick reply to this message

 
Old 08-02-2019, 02:21 PM
 
45,971 posts, read 18,201,162 times
Reputation: 19200
So in other words.....

Pocahontas knows the hapless community agitator's policies were a disaster for the Democrat party. But she's absolutely loath to actually say that and tell the truth, because she's afraid of South Carolina.
Reply With Quote Quick reply to this message
 
Old 08-02-2019, 02:33 PM
 
Location: Manchester NH
9,823 posts, read 2,722,555 times
Reputation: 2617
Quote:
Originally Posted by WaldoKitty View Post
So in other words.....

Pocahontas knows the hapless community agitator's policies were a disaster for the Democrat party. But she's absolutely loath to actually say that and tell the truth, because she's afraid of South Carolina.
Well that and she wants to make allies with establishment politicians who were involved in the destruction Obama caused.

She wants to win and for that is being deeply dishonest.

Last edited by Winterfall8324; 08-02-2019 at 02:53 PM..
Reply With Quote Quick reply to this message
 
Old 08-02-2019, 02:43 PM
 
45,971 posts, read 18,201,162 times
Reputation: 19200
Quote:
Originally Posted by Winterfall8324 View Post
....
She wants to win and for that s being deeply dishonest.
Indeed. Let us not forget, she earned the name Pocahontas.
Reply With Quote Quick reply to this message
 
Old Yesterday, 01:58 PM
Status: "contemplative" (set 1 hour ago)
 
18 posts, read 1,180 times
Reputation: 19
I really like Elizabeth Warren as Presidential material, because she is the more intellectual of them all. She passed all sorts of legislation to help the consumer in his or her financial realms, but of course DJT took that all away with a swipe of his pen and instead installed the robber barons to oversee those departments.


from Wikipedia quoting the New York Times article:
Quote:
Following a challenge by President Donald Trump to pay $1 million to her favorite charity if she could prove her Native American ancestry via a DNA test, Warren released results of a DNA test in 2018, then asked Trump to donate the money to the National Indigenous Women’s Resource Center (Trump denied making that challenge despite video evidence).[29][30] Warren's DNA test concluded that "while the vast majority of [Warren's] ancestry is European, the results strongly support the existence of Native American ancestor in [her] pedigree, likely in the range of 6–10 generations ago.

https://en.wikipedia.org/wiki/Elizabeth_Warren

Last edited by Debra M.; Yesterday at 02:54 PM.. Reason: add Link
Reply With Quote Quick reply to this message
 
Old Yesterday, 02:01 PM
 
Location: Here
10,918 posts, read 11,975,761 times
Reputation: 6052
Quote:
Originally Posted by Debra M. View Post
I really like Elizabeth Warren as Presidential material, because she is the more intellectual of them all.
Bwahahaha. Sorry, couldn't get past that point.
Reply With Quote Quick reply to this message
 
Old Today, 11:15 AM
Status: "contemplative" (set 1 hour ago)
 
18 posts, read 1,180 times
Reputation: 19
I don't know that this quote is entirely accurate either:


Quote:
Not surprising. I agree with Stoller that Obama promoted objectively bad policies like letting 10 million people lose their home, funnel a trillion dollars back to the financial market, and forcing costumers onto private insurance companies concentrating wealth towards a few companies, and allowing a new era of corporate consolidation.
When President Obama inherited from G.W.Bush the Presidency and along with it, a country on the verge of a 2nd Great Depression, where many bank failures caused incalculable loss and grief for the citizens.



These moves were done to save the country from another Great Depression, caused by Bush's 8 years of continual warfare and tax breaks unpaid for especially for the wealthy part of trickle down theory. Money never "trickled down" to the lower paid employees.



BTW: The "bailout" for the financial market was under G.W.Bush watch. Both Rep. John McCain and Sen. Obama, suspended their presidential campaigns to come back to D.C. and vote for it.


Times were desperate.



Generally speaking the people who lost their homes, lost them because they couldn't pay for their mortgages due to unemployment in many cases. Many others simply walked away from the debt, because they "overpaid" for the house. They expected to make a fortune with little to no down payment.When the housing market crashed, values went down, and people owed more money then the houses were worth, so they walked away and left the bank holding the bag.


What the Administration did to keep all those homeowners from default court and bankruptcy, the taxpayers paid the banks off, and the homeowners who simply were gambling with loose easy banking laws devoid of real regulations, trying to get rich, were off the hook entirely.


In the old days, we would have been stuck with the mortgage if we didn't pay it off. In this day and age, to avoid a Great Depression, this idea was the lesser of two evils.



Great Depression or Bank payoffs for holding the defaults? Which would you have preferred?
Reply With Quote Quick reply to this message
 
Old Today, 11:21 AM
Status: "contemplative" (set 1 hour ago)
 
18 posts, read 1,180 times
Reputation: 19
I think this article is more accurate then the op quote.



On September 19, 2008 President Bush announced his financial bailout plan, the Emergency Economic Stabilization Act of 2008 to confront the financial crisis. This plan was initially rejected by the U.S House of Representatives on September 29.



Quote:
Senator Obama did not take over the helm oft he Presidency, until the middle of 2009 in January at his Inauguration.

In June 2009, the ten banks which “passed” the stress tests prepared to begin repaying their TARP money. Since TARP III, US banks have raised nearly $100 billion in new capital, leading FDIC Chairman Sheila Bair to comment, “Banks have been able to raise capital without having to sell bad assets through [TARP III], which reflects renewed investor confidence in our banking system.”
Sounds like the plan worked, as the Banks paid back their debt for the Bailouts. The only ones who didn't pay anything for the gamble was the original "homeowner" who got in with little to no money down.


LINK QUOTED:


The Federal Bailout
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top