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Where do you get the impression that McCain will be good for Jobs? He is Part of the reason why your hard eraned money is now being given to Bail out Wall Street. He wants to give across the board tax cuts, which again will benefit the rich. He wants to find money by freezing payments that will only hurt middle America. He is going to carry on with a hugely expensive war that cannot be won because as soon as troop levels go down, the terrorists will return, then McCain will use a surge again. Remember he said we will be in Iraq for 100 years. So tell me how McCain is going to help America? He will HAVE TO increase taxes to pay for his schemes.
For one reason, if you lower taxes you increase jobs. That is just how it works. Again if you increase taxes that will make companies to leave the US to other countries with lower taxes.
You might want to explain the difference between a fiscal conservative and a conservative because I am confident MANY have no clue. Heck, many can't tell the difference between sounding presidential and actually being presidential.
Well since nobody comes to explain it I will...
2 types of republicans, conservative, fiscal conservative, and of course both.
Usually when you say conservative is almost always talking about social conservative(homosexuals, abortions, etc.)
Fiscal Conservative, is only about fiscal(mainly money), fiscal conservatives are strong capitalist. They think capitalism is the best way and the american way. Small government, more freedom.
And then we have republicans that are both.
I am an active member of the republican party(I actually even volunteer for McCain campaign).
I am not a conservative, but I am a extreme fiscal conservative just like Rudy Giuliani. I dont like the extreme right(social) but I just hate extreme left
The Fannie/Freddie blame game is fairly weak considering the majority of toxic loans involved in the current mess were not FHA mortgage products, the subprime loan exposure for Fannie & Freddie was minimal.
WTF does Fannie/Freddie and FHA have to do with each other? Fannie/Freddie have little to no involvement with FHA-- ever.
Fannie and Freddie didn't do subprime... However, what they did do was what's called "Expanded Approval" (Fannie was "EA"; Freddie used "LP") which changes what should be subprime into prime.
You don't know anything about this stuff. You should stop.
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points out, a “subprime borrower is basically someone whose credit wasn’t good enough to qualify for a Fannie- or Freddie-backed mortgage”. The subprime market & the really toxic stuff—was always dominated by Wall Street and Wall Street-backed lenders."[1]
Sounds great until you come to discover that F&F had been changing their guidelines more and more to take on riskier loans.
Before they went bad-- before they redefined prime-- you couldn't have delinquent accounts, etc. However, I believe in response to the CRA, besides giving bonuses for approving bad loans, they allowed delinquents, judgments, etc. to stay on the credit report. As a matter of fact, it really went down hill after S190 was shot down.
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Senator McCain wasn't fighting to reform the GSE's and his statements have been broadly taken out of context for political reason's. He was responding to accounting oversight and issues within the GSE's at the time. He always been a deregulator and his consistent support of deregulation leaves him in the unenviable postition of one who has to fight his record in order to promote himself for political expediency.
Actually, of the portions of S190 I've read, he was supporting a bill that would have shut down the practices that were leading to the collapse.
Again, I was there. I was getting the bonuses and being told by management to keep my mouth shut when I was asking "What's going to happen when these people default and the bubble deflates?"
You do not know a thing about the mortgage industry and you demonstrate it every time you post on the subject.
For one reason, if you lower taxes you increase jobs. That is just how it works. Again if you increase taxes that will make companies to leave the US to other countries with lower taxes.
Yeah.. like that has happened in the last 8 years.
Just like.. if the corporations make more they'll "trickle it down" to the rest of us right? That's why salaries have been stagnant for so long.
The ONLY thing that "trickles down" is the company losses!
McCain took too many cheap shots with that repeated crap about "you don't understand" which is typical deliberate Rovian attack ad stuff. It made John McCain look like an amateur with nothing to offer but low blows and cheap shots. Of course, McCain pandered to knee-jerk flag-wavers by citing his POW status at the end (GOP Campaign How-To Handbook: when in doubt, wave the flag, thump a bible and millions of idiots will grovel at your feet). By the end of the night McCain stood alone, in the political gutter. (Yes yes yes yes yes yes we DO respect the wartime history of JM, but he shamelessly trots that out way TOO much and I wish he'd give it a break, we aren't refighting the Vietnam War here. Move on.)
Obama acted presidential, refined, dignified, and maintained a professional demeanor the whole time. Obama ignored the mud that McCain flung and by the end of the night Obama stood alone on the high ground. He's going to be a FINE President.
Obama acted presidential, refined, dignified, and maintained a professional demeanor the whole time.
Did that include raising his hand constantly like a little boy to the moderator to make the pounding stop? Or the stuttering, stammering and interupting? Mac definitely had him rattled - hence his resorting to mentioning the stupid youtube of Mac singing "bomb,bomb,Iran". That was such a fine retort to the barrage by Mac about his naviete and his lack of knowledge.
Did that include raising his hand constantly like a little boy to the moderator to make the pounding stop? Or the stuttering, stammering and interupting? Mac definitely had him rattled - hence his resorting to mentioning the stupid youtube of Mac singing "bomb,bomb,Iran". That was such a fine retort to the barrage by Mac about his naviete and his lack of knowledge.
There were several instances where Obama attempted to rebut McCain but out of respect for the moderator he let it go and allowed Jim to continue leading the debate.
BTW, there's nothing wrong with raising your hand. People in college, graduate school, and the highest academic settings do it all the time. It demonstrates respect.
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