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New Party members and supported candidates won 16 of 23 races, including an at-large race for the Little Rock, Ark., City Council, a seat on the county board for Little Rock and the school board for Prince George's County, Md. Chicago is sending the first New Party member to Congress, as Danny Davis, who ran as a Democrat, won an overwhelming 85% victory. New Party member Barack Obama was uncontested for a State Senate seat from Chicago.
3. To accomplish its goals, as outlined in the People's Platform, ACORN has developed a political alliance with the Democratic Socialists of America (DSA). Together with others, ACORN and the DSA have formed a political party, the New Party.
These Right Wingers think that a local Fire Department is a "socialist" organization because each is fully funded by the government (!). Please consider the sources of some of these demented comments.
You are right.
But since Fox and CNN have run one hour programs saying that was basically Clinton and democrats who cause the problem, HMMM it makes me think if is true...
I only want you to read something and get educated on the subject. Is that rude?
Please do not insult my intelligence to suggest that I have not read anything and am not educated on the subject. you are wrong.
Ohhhhh well I guess you MUST be right! if FOX NEWS and CNN said so, it must be true...
Please do not insult my intelligence to suggest that I have not read anything and am not educated on the subject. you are wrong.
Ohhhhh well I guess you MUST be right! if FOX NEWS and CNN said so, it must be true...
I am not insulting your intelligence.
education does not equal intelligence.
Here are FACTS ABOUT OUR FINANCIAL CRISIS.
Again they are FACTS.
I am going to repost it, it was on another subject.
And remember this is a repost,
Quote:
I am sorry but a lot of people here dont know what is socialism.
On other post said that welfare is not socialism(that should tell you a lot).
Socialism: Distribution of all goods, wealth(The first step by REdistribution),
Socialism: no private property
Socialism: No private companies(originally workers are the owners in UTOPIA in real world the goverment is the owner).
Socialism: every body makes the same money.
Social Security: Socialism
welfare: Socialism
WIC: Socialism
So yes we have some social programs.
Now Geeoro, you are wrong when you say capitalism destroyed our economy. When it was actually socialism from the democrats especially Clinton who destroyed and created the subprime lending.
Lets see, before Clinton
1. You didnt have credit, you dont get a loan,
2. Even if you had good credit, you have to pay 15-20% down(NEVER IN OUR HISTORY WAS 100% FINANCING UNTIL CLINTON).
3. When the subprime lending started the housing started to jump. Everybody could buy a house without anything, not even income. Banks didnt care, if they didnt pay, the Bank just resell the house and get the money back.
4. Also a lot of banks didnt care because Fannie and Freddy was buying all of this loans. Giving more money to the banks to lend and creating more loans. Pushing all of this money in the housing market,
5. Fannie and Freddie sold much of this loans in the stock markets, affecting wallstreet who thought they were save and backed by the federal gov.
6. Democrats pushed Fannie And Freddie to have a balanced 50-50, 50% good loans, and 50 subprime.
7. Republicans including Bush and McCain tryied to stop it.
9. The Housing market crashed.
10. Housing prices started going down, making all subprime loans in danger.
11. Payments on the loans went up.
12. People couldnt pay the payments.
13. Forecloser everywhere.
14. Most subprime loans where 100% to 95% of house value. Meaning if the house went down 5% of it value the banks would lose money.
15. Before, this wouldnt matter, unless a house lost 20% of value, Now by just losing 5% the banks are in trouble.
16. FINANCIAL CRISIS.
Before the intervention of the government forcing banks to loan this wouldnt happened. This is not capitalism fault, capitalism keeped the subprime to a minimun, and never 100% financing.
This are facts, now you can say, that is Bush fault for not doing anything or not doing enough. That you can say.
but Bush did try to stop it...
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