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.
Well I think the final nail is being hammered into the GOP coffin regardless, by little more than their choice this cycle. Despite G W Bush's move towards European socialism with the nationalization of private corporate debt, contemporary Republicans want someone who they have considered a "maverick" and more on the leftist side of the GOP his entire career.
Unlike many folks, I don't see the cause of this current economic crisis to be the fault of one party or the other but in fact both. The ascension of corporatism via deregulation and privatization culture of government. This is one aspect where I depart with Ron Paul and the free market capitalist. I happen to believe that some regulation is essential to the national security.
In any event, I don't expect us to get out of the current situation using the same ideas that got us into the mess in the first place.
Both sides absolutely had a hand in it that trails back over a lot of years. I'm still on the fence about whether to regulate or not but I'm now leaning more toward regulation than I ever have been before. What I'm not sure of is if it matters anymore. We're headed somewhere as a nation. By the time we crawl our way out of this the face of the nation will be irrevocably changed. Whether for good or bad remains to be seen.
The Brits did warm my cold heart earlier today. While half of America (or better) still can't admit we are in a recession much less face what is going on, they came straight out and told their people that they'd been living above their means; times were about to get tough and now they needed to live frugally. I have great respect for that.
So, you want to build a discussion about McCain's economic plans based on YOU-TUBE?
If you're really serious, you should at least read and refer to the candidate's plans. There's even a video for those who can't be bothered with reading.
Both sides absolutely had a hand in it that trails back over a lot of years. I'm still on the fence about whether to regulate or not but I'm now leaning more toward regulation than I ever have been before. What I'm not sure of is if it matters anymore. We're headed somewhere as a nation. By the time we crawl our way out of this the face of the nation will be irrevocably changed. Whether for good or bad remains to be seen.
The Brits did warm my cold heart earlier today. While half of America (or better) still can't admit we are in a recession much less face what is going on, they came straight out and told their people that they'd been living above their means; times were about to get tough and now they needed to live frugally. I have great respect for that.
You know, I believe the American people would be so inclined as well. I have always figured, better bitter truth than sweet lies, especially when they place basic human greed above the welfare of the nation. (once they got over the shock of being told the straight dope for a change)
Too bad the straight talk express spends most of its time lost on the crooked back roads of ineptitude.
Unlike many folks, I don't see the cause of this current economic crisis to be the fault of one party or the other but in fact both. The ascension of corporatism via deregulation and privatization culture of government. This is one aspect where I depart with Ron Paul and the free market capitalist. I happen to believe that some regulation is essential to the national security.
I expect the regulations to protect the consumers, not the corporations. The government should never treat corporations as individuals. I don't think men are capable of allowing a completely free market to operate in a global economy. It might work with 20 guys in a room on an island, but not today. Paul does have that wrong.
You know, I believe the American people would be so inclined as well. I have always figured, better bitter truth than sweet lies, especially when they place basic human greed above the welfare of the nation. (once they got over the shock of being told the straight dope for a change)
Too bad the straight talk express spends most of its time lost on the crooked back roads of ineptitude.
I agree. I think at our base nature we can handle the truth better than all the honey. We might not like what we hear but we'll deal with it. We cannot however deal with what we don't know.
Double agree on McCain. The straight talk express has derailed. An unfortunate happening.
Quote:
If you're really serious, you should at least read and refer to the candidate's plans. There's even a video for those who can't be bothered with reading.
I don't believe anything written on either candidate's site. It is a hyped up, glitter covered sell job. For real information on what either has proposed there are many sites that provide comprehensive analysis. Video itself can never be discounted. Text doesn't provide the opportunity to attain the measure of a person live such as watching someone speak, their expressions and body language.
I don't believe anything written on either candidate's site. It is a hyped up, glitter covered sell job. For real information on what either has proposed there are many sites that provide comprehensive analysis. Video itself can never be discounted. Text doesn't provide the opportunity to attain the measure of a person live such as watching someone speak, their expressions and body language.
Um, videos can be edited and biased -- especially the You-Tube variety. But from the opening thread, this wasn't meant to be a fair assessment of McCain's ideas, is it?
Um, videos can be edited and biased -- especially the You-Tube variety. But from the opening thread, this wasn't meant to be a fair assessment of McCain's ideas, is it?
You talking about a fair assessment of his ideas is kind of ironic but I digress. If someone is bored enough that they edit a Meet the Press interview then more power to them. First good luck doing it without it being obvious and second there are often 2 or 3 other copies you can check.
How can McCain simultaneously warn us all and be almost rabidly for deregulation?
He's not rabidly opposed to regulation. He's opposed to bad regulation. I think his history shows that... I think it's one of the reasons far right Repubs don't like him. He understands that the government must be involved with some things in order for the country to operate smoothly.
Quote:
He can't have it both ways nor can what is happening now be placed solely on F&F's heads. This was inevitable even if you remove F&F from the equation. It was just a matter of time.
If you're saying that without F&F there'd be equally powerful characters filling their roles, not a chance. There'd be a lot of little characters instead. If you're saying that this wouldn't have happened if F&F had been reputable, you're wrong.
Fannie and Freddie are everything to the secondary market. They make the guidelines (mortgage requirements) and then loans made within the guidelines of a given program are pooled together into groups of millions of dollars. Then, they're sold on the secondary market... but it all starts with Fannie and Freddie.
There are other institutional lenders who banks sell mortgages to that aren't part of the secondary market. However, these, as far as I know, are just small buyers who purchas specialty mortgages. (If you have a borrower that's perfect except maybe their property is zoned wrong, you get on the phone with these institutional lenders trying to find a home for the loan.) Every bank has a group of them for when they have deals they can't sell on the secondary market... but they're nothing compared to who buys the pooled mortgages arranged by F&F.
I expect the regulations to protect the consumers, not the corporations. The government should never treat corporations as individuals. I don't think men are capable of allowing a completely free market to operate in a global economy. It might work with 20 guys in a room on an island, but not today. Paul does have that wrong.
Without the corporations the people, the consumers, die!
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.
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.
