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.
Good points. I should not have dogged the construction dudes. They work hard. I guess that is the point right. Many, if not most of our fellow citizens are worthy of our respect. But you'd never know it with all the shouting we do.
Yes, nobody knows the state of the economy, or feels the hurt of the real estate collapse and illegal tradesman like contractors. We feel the economic woes first and recover last. <sigh>
I blame both of them. And Congress. Especially the dem controlled congress since 2007, who right after taking control from the repubs, said the best way to win "back" the Whitehouse was to hurt the economy. They did, Bush was dumb enough to go along, instead of vetoing the bills, and then explaining why he did to the public. But the facts are both parties are at fault, and until we take control of the economy from the federal reserve, we will be at their mercy money wise. And they have been robbing us all the way
Can't blame the guy thats trying to plug the titanic for not doing it fast enough, you blame the idiot that crashed into it in the first place.
When I'm in the water because the boats sunk, then I complain about the guy who didn't fix the boat fast enough, and the idiot driving.
The "idiot" who crashed the economy in the first place was the democratic congress, fueled by the Fannie Mae/Freddie Mac mandate to provide home loans to unqaulified borrowers (a gift of well meaning liberals).
To take the Titanic and put it in the hands of Captain Peach Fuzz was ill advised, as she now lies on the bottom of the ocean. We need a real executive (someone with buisness experience who has actually had real world leadership) and fiscal conservatives in the Senate and Congress to right the ship. We have learned that spending ad infinitum is ill advised- Obama and the liberals have taught America a valuable lesson that they will not soon forget.
Oh look, the Republicans tried investigating Fannie in 2004 but were stonewalled by the Democratic members of Congress. Keep in mind that this was when BUSH supposedly ran everything.
Meeks-In late 2009, and ongoing in 2010, Greg Meeks has been investigated by a House ethics committee on loans with New York State Temporary President Malcolm Smith and the local Jamaica Rev. Floyd Flake. Meeks has also been investigated about his mortgage loans to a Guyanese immigrated real estate tycoon Edul N. Ahmad of Century21 Ahmad Realty and Ace Mortgage, Inc. Meeks has denied this, although being investigated by the New York State Attorney General's office and the House Ethics Committee. There is so far, as of July 15, no primary challenger or general election challenger to challenge Meeks.
Frank- We all know how Frank was telling people to invest in Fannie until the month it collapsed. Need I say more?
Neither, it is the economy of the United States of America, meaning yours and mine, Ours. Disagree? Who voted our Reps into office? Who Pays the Bill? The answer is; We do. But it is not all on the government, no matter how much people whine that the government is not fixing everything fast enough while at the time screaming that they Hate Socialisim in any form. Business drives the economy we go up we go down due to a variety of reasons but it comes down to consumer confidence and businesses willing to take the chances needed and gear up their R&D and production, meaning, for those that don't know, Jobs are created.
Casper
Sorry, but it's clear to anybody that's been reading your posts that you think you're "all that and a bag of chips." It's also clear that you're not.
We now return you to your regularly scheduled bickering...
<lurk>
Very Interesting coming from someone that has not posted even one opinion on the subject of the thread at this point in time. So what is your great claim to fame, randomly attacking other posters that have the abilty to post actual discussion points?
And what is with yours? I am sure you do, but one should not brag if they cannot actually back it up with action, as in posting actual points of their own.
Casper
The "idiot" who crashed the economy in the first place was the democratic congress, fueled by the Fannie Mae/Freddie Mac mandate to provide home loans to unqaulified borrowers (a gift of well meaning liberals).
To take the Titanic and put it in the hands of Captain Peach Fuzz was ill advised, as she now lies on the bottom of the ocean. We need a real executive (someone with buisness experience who has actually had real world leadership) and fiscal conservatives in the Senate and Congress to right the ship. We have learned that spending ad infinitum is ill advised- Obama and the liberals have taught America a valuable lesson that they will not soon forget.
So if we're going to blame President Obama for the current economy, then why not blame the Republican congress and President for not fixing the democratic congresses mistakes?
Remember, George Bush liked the community reinvestment act. He stumped for it during his Presidential campaign saying that home ownership in this country was at its highest level, and that was always a good thing.
Turned out it wasn't.
But the housing bubble was hardly the main reason the economy collapsed. Trading of groups of loans at crazy prices is what collapsed the economy, and that restriction was removed under the Bush administration.
I'd blame everything on all of the politics all the way back to 1981, Remember when Reagan took office our entire national debt was 1 trillion dollars. At the end of the Bush administration it was closer to 14 trillion dollars.
It's the American economy. Bush tossed it in the dumpster. Obama's trying to dig it out.
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.
So what is your great claim to fame, randomly attacking other posters that have the abilty to post actual discussion points?
Is it still Bush's Economy?
