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I've heard people blame Clinton for todays messes more then once and figured I'd say something now..
I want to know how you can blame Bill Clinton for " issuing loans to risky borrowers " when he left office in 2000 and the economy tanked in 2007. I find it hard to believe that risky borrowers could pay their bills for 7 years then all of the sudden lose everything.
There are alot of people that could take the blame, but don't put the blame on the Clinton administration because that's ludacris.
I agree 100%, and this is EXACTLY why the republicans will not win any major elections anytime soon. It's pure self-delusion for them to claim our current recession can somehow be pinned on a democrat who was in last in office over 8 years (or 28) years ago.
If the policies they passed were so terrible, why didn't the republicans reverse them in the 20 out of 28 past years they've controlled the white house? At best, blaming our current recession on Clinton or Carter is admitting to extreme stupidity and negligence on the part of republicans. At worst, it's demonstrating republicans are still not able to accept or take ownership of their failure, and hence will not learn from it. It's a shame, because I believe in balance -- but republicans seem dead-set on making our two-party system a one-party system through ignoring the extreme incompetence in their party.
Clearly I did not know or I would have not posted to the contrary.
Well if you didn't know, neither did the Democrats. They knew this wasn't their best chance? Why in the world would they believe so? If they did, they would have worked harder in the state for this election and they would spent more money. So if you didn't know, neither did the Democrats. So therefore, this wasn't their best chance (if there's a such thing anyway).
I've heard people blame Clinton for todays messes more then once and figured I'd say something now..
I want to know how you can blame Bill Clinton for " issuing loans to risky borrowers " when he left office in 2000 and the economy tanked in 2007. I find it hard to believe that risky borrowers could pay their bills for 7 years then all of the sudden lose everything.
There are alot of people that could take the blame, but don't put the blame on the Clinton administration because that's ludacris.
Do you honestly think that blacks are WRONG for the accusations that have been made in the past ? Look at this countries past in reguards to race and the treatment of all races not white and answer that question.
I agree with you that today, after the election and the amount of people that voted for Obama from all races that no one can say white will only vote for white. I'm pretty sure that I heard several black leaders say the same thing. Honest to god, This is 2008 and this is a ridiculous thing to be arguing about. I'm tired of hearing people of all races complaining about people of other races for dumb stuff.
I'm not black but I can guarantee you that if my ancestors went through what black americans have gone through and STILL go through today, There would be hell to pay from me.
I want to know how you can blame Bill Clinton for " issuing loans to risky borrowers " when he left office in 2000...
The roots for the current situation are in the Community Reinvestment Act, which was enacted by the Carter Administration. There are also other reasons as well.
"Starting with the Community Reinvestment Act of 1977, that was given more teeth during the Clinton administration, Congress started intimidating banks and other financial institutions into making loans, so-called subprime loans, to high-risk homebuyers and businesses. The carrot offered was that these high-risk loans would be purchased by the government-sponsored enterprises Fannie Mae and Freddie Mac. Anyone with an ounce of brains would have known that this was a prescription for disaster but there was a congressional chorus of denial...."
Of course blacks have had a raw deal in the past, but I will not be played by the likes of Jesse Jackson, Al Sharpton and others who pimp it for everything they can get out of it.
So. They get the black president that they wanted, who could NOT have been elected without the white vote. That was my point. People somehow have this illusion that only whites can be racist, and that is simply NOT true. I have no doubt that there are some who would even go so far as to call me racist for even having said that BO could not have won without the non-black vote.
Fine. We have a black president, but my problem is not with his race. It's with his ultra-liberalism, marxism and socialism.
Having said all that, people have a RIGHT to vote as they see fit, even if they are voting along racial lines. That includes people who will only vote for a person of the same ethnicity/race.
I just get sick of the howling about only whites being racist and only voting for other whites. It just gets so OLD and TIRESOME.
The roots for the current situation are in the Community Reinvestment Act, which was enacted by the Carter Administration. There are also other reasons as well.
"Starting with the Community Reinvestment Act of 1977, that was given more teeth during the Clinton administration, Congress started intimidating banks and other financial institutions into making loans, so-called subprime loans, to high-risk homebuyers and businesses. The carrot offered was that these high-risk loans would be purchased by the government-sponsored enterprises Fannie Mae and Freddie Mac. Anyone with an ounce of brains would have known that this was a prescription for disaster but there was a congressional chorus of denial...."
The thing is this ( like a previous poster said ) Since Jimmy Carter was in office, Reagan, Bush, and Bush Jr. were in office for 20 years. If it was so bad, why did they not repeal it ?
Quote:
Originally Posted by Cathy4017
Of course blacks have had a raw deal in the past, but I will not be played by the likes of Jesse Jackson, Al Sharpton and others who pimp it for everything they can get out of it.
I don't know ONE single black person that likes Jesse Jackson OR Al Sharpton, To claim that these two bozo's represent black people around the country is ridiculous.
Quote:
Originally Posted by Cathy4017
So. They get the black president that they wanted, who could NOT have been elected without the white vote. That was my point. People somehow have this illusion that only whites can be racist, and that is simply NOT true. I have no doubt that there are some who would even go so far as to call me racist for even having said that BO could not have won without the non-black vote.
For starters, I don't who you mean by " they " as the majority of Americans got " their " president. You're generalizing again. Real life is not what you see on T.V. I've never, not once in my life ever met anyone that believed that only whites could be racist. It's not racist for you to say that Obama could not have won without the non-black vote. It's racist to generalize a race of people based on a few people that don't know how to act. using terms like " they " and thinking that blacks only voted for Obama because he is black and complaining about and trying to play the victim isn't racist but it makes you sound ignorant. I'm not calling you that but it's sad to see people still having to think things like that.
Quote:
Originally Posted by Cathy4017
Fine. We have a black president, but my problem is not with his race. It's with his ultra-liberalism, marxism and socialism.
I understand you have a problem with his politics and that's fine, unfortunatley for you, The majority of Americans are fine with his politics and elected him president.
Quote:
Originally Posted by Cathy4017
Having said all that, people have a RIGHT to vote as they see fit, even if they are voting along racial lines. That includes people who will only vote for a person of the same ethnicity/race.
I just get sick of the howling about only whites being racist and only voting for other whites. It just gets so OLD and TIRESOME.
Yes, Everyone has the right to vote for who they want and what gets old and tiresome for me is people that will accuse a race of people of only voting for the man because he shares their race. I live in the south and I've heard some horrible things from people that see a white face and think they can say whatever they want and assume I'm fine with it. Do you know how many white people I've heard actually say that they would NEVER elect anything other than white for any office ? I get tired of hearing people say that they're sick of whites being discriminated against by other races and it being okay but then the next thing out of their mouth is a racial slur about that race.
I'm not talking about you Cathy, just in general. If you're sick of being accused of being racist then look at the reasons you're being called that and try to make a change if you can. It's all a thought process.
" Have we not come to such an impasse in the modern world that we must love our enemies - or else? The chain reaction of evil - hate begetting hate, wars producing more wars - must be broken, or else we shall be plunged into the dark abyss of annihilation. " - Martin Luther King Jr.
Location: Republic of Texas or The Land of Enchantment
550 posts, read 1,551,273 times
Reputation: 786
Quote:
Originally Posted by TNRyan23
Maybe between 1992/1996/2000/2004 people were able to buy and maintain their houses but lost their jobs or had some kind of hardship which forced them from their houses. My mother owned a construction company and was making between 500k-1M profit per year and bought a 300k house in Nashville. Her business went under about 6 months ago and shes in the process of bankruptcy. It happens. I will admit that people should have NEVER gotten into the interest loans.
I'm not " black " in the traditional sense. I am actually white skinned but my grandmother on my mothers side was black and my grandfather on my fathers side is cuban. His father was half Cherokee Indian and my grandfather on my mothers side was Irish. My wife is Black and my son is mixed. I'm pretty multi-cultural and that was one of my biggest concerns about relocating to Texas. I LOVE Texas and would love to live there but I have to watch out for the saftey of my family and that's why I'm trying to feel it out by talking with you all and visiting when I can.
Really depends on where you plan on living. 99 percent of the places you will have know problem. As long as you don't try to shove your politics or religion upon others. Texans pretty much believe in live and let live. Don't get me wrong it is fine to have your views and articulate them, just don't try to shove them down others throats that have different ones.
The thing is this ( like a previous poster said ) Since Jimmy Carter was in office, Reagan, Bush, and Bush Jr. were in office for 20 years. If it was so bad, why did they not repeal it ?
I don't know ONE single black person that likes Jesse Jackson OR Al Sharpton, To claim that these two bozo's represent black people around the country is ridiculous.
For starters, I don't who you mean by " they " as the majority of Americans got " their " president. You're generalizing again. Real life is not what you see on T.V. I've never, not once in my life ever met anyone that believed that only whites could be racist. It's not racist for you to say that Obama could not have won without the non-black vote. It's racist to generalize a race of people based on a few people that don't know how to act. using terms like " they " and thinking that blacks only voted for Obama because he is black and complaining about and trying to play the victim isn't racist but it makes you sound ignorant. I'm not calling you that but it's sad to see people still having to think things like that.
I understand you have a problem with his politics and that's fine, unfortunatley for you, The majority of Americans are fine with his politics and elected him president.
Yes, Everyone has the right to vote for who they want and what gets old and tiresome for me is people that will accuse a race of people of only voting for the man because he shares their race. I live in the south and I've heard some horrible things from people that see a white face and think they can say whatever they want and assume I'm fine with it. Do you know how many white people I've heard actually say that they would NEVER elect anything other than white for any office ? I get tired of hearing people say that they're sick of whites being discriminated against by other races and it being okay but then the next thing out of their mouth is a racial slur about that race.
I'm not talking about you Cathy, just in general. If you're sick of being accused of being racist then look at the reasons you're being called that and try to make a change if you can. It's all a thought process.
" Have we not come to such an impasse in the modern world that we must love our enemies - or else? The chain reaction of evil - hate begetting hate, wars producing more wars - must be broken, or else we shall be plunged into the dark abyss of annihilation. " - Martin Luther King Jr.
Since Jimmy Carter was in office, Reagan, Bush, and Bush Jr. were in office for 20 years. If it was so bad, why did they not repeal it ?
Bush and McCain tried. They were blocked by the dems who said everything was fine, and no changes needed to be made.
I don't know ONE single black person that likes Jesse Jackson OR Al Sharpton, To claim that these two bozo's represent black people around the country is ridiculous.
I do know some who have said that Jesse never gets enough credit for what he does. I never said that they represented blacks around the country.
Are you saying that blacks did not vote for BO because he is black? Of course they did. Again, that's fine. I don't feel like a victim at all, and I was speaking in general terms of whites being labeled racist (which they are, deserved or not). I just get tired of hearing it, that's all.
Sure, I've heard some whites say they'd never vote for anyone who isn't white. It doesn't mean I agree with it.
What is most important is what is between the ears. For what it is worth...had Colin Powell been in the running against John McCain in the primary, I would have voted for Powell. That was back then. Since Powell openly and publicly endorsed Obama, that would never happen now. Ever.
But....I get your point. Blanket statements about groups of people can be misleading.
I want to know how you can blame Bill Clinton for " issuing loans to risky borrowers " when he left office in 2000...
The roots for the current situation are in the Community Reinvestment Act, which was enacted by the Carter Administration. There are also other reasons as well.
A bad program added onto the already bad programs previously mentioned. But the CRA had a greater effect for a much longer time than the program mentioned. They had to qualify for the loan, but got downpayment assistance. While it's not a particularly good idea, it's not quite as bad as taking a loan out that they had no real expectation of repaying.
Bush and McCain wanted greater oversight for FNMA and FM:
The reason states like CAL are blue is complicated but it comes down to 1) Huge numbers of minorities and 2) huge numbers of poors and 3) how your MIDDLE CLASS with just a 4-year degree or lower votes. That is the huge swing class in america.
One wrong statement. California does not have huge numbers of poor people. The costs are astronomical to live here. One needs to have a salary of at least $78,000/yr to live comfortably in a 2 bedroom apartment. That salary would not even come close to buying a house. Many of the poor have left. The ones that remain, live with more than one family in the household, with all working. Not saying there aren't any poor, but they are not huge in number. they are way in the minority, here. The city that I live in doesn't even have a "ghetto" or a special area where just the poor reside. Our City's population is about one million. There are not many cities in Northern Cali that have an abundance of poor. However, when you start getting into the Southern LA area, that is where you will find poor areas, but again, they will be way in the minority.
You must keep in mind that many people have lived there forever. We bought our last house in 1975 for $35,000. If we had stayed, oh my, what it's worth today, but no, we left in 1978. We wouldn't need to make $78,000 a year because our house would be paid for by now. I agree though that someone new coming into CA would have a more difficult time.
The link below gives the percentage below poverty level by state.
Moderator cut: link removed, linking to competitors sites is not allowed
Last edited by Yac; 12-18-2008 at 08:46 AM..
Reason: delete a line
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