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Old 06-03-2011, 07:52 AM
 
35,309 posts, read 52,299,308 times
Reputation: 30999

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Quote:
Originally Posted by BentBow View Post
Which direction are we actually headed?


This is no leader we have here people.
This is someone that is clueless about economics and how jobs and prosperity are created.

This someone is Barack Obama and his minions.
Let me get this right the Republicans are against big government and nanny state mentality's yet you want the government to make lots of jobs for everyone, seems to me you cant have it both ways ... Make your own jobs..

Last edited by jambo101; 06-03-2011 at 08:30 AM..
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Old 06-03-2011, 07:52 AM
 
69,368 posts, read 64,101,577 times
Reputation: 9383
Quote:
Originally Posted by EinsteinsGhost View Post
1- Do you blame GOP for letting 9/11 happen under its watch (both Congress and White House)?
2- Do you blame GOP for the 2001 recession and its extremely slow job recovery?
3- Do you think 2007-09 recession wouldn't have been if democrats hadn't taken control of the Congress in 2007?
4- Would you blame GOP's "landslide" victory in 2010 elections if the economy collapses before the next election?
5- And if you still want to lay blame on democratic win and taking over the Congress in 2007 as the reason for recession, how about you also accept that under democratic congress, more jobs were added in a year (Jan 2007-Jan 2008) than under the republican congress before it in 4.5 years since the GOP had control of the Congress AND the White House?

Not that 83K jobs is anything to celebrate, but it IS more jobs added in private sector than were between Jan 2001 and Jan 2009.
FAIL as usual. The economy was so strong when the Democrats took over Congress in 2007, that they increased the minimum wage, claiming the economy could handle it.. It seems they were wrong yet again.

As for 9/11, thats beyond ridiculous to blame Congress for a terrorist attack. Unless of course you think Congress should have been watching the airports and doing security work..

Quote:
Originally Posted by Finn_Jarber View Post
I sure don't see him blaming GOP for these job numbers. Strange isn't it? I do remember people like him trying to praise GOP for job gains earlier this year. Hmmmmm...

People and companies are scared stiff about what GOP is going to propose next.
Actually job growth takes place EVERY May.. a fact you conveniently ignore..
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Old 06-03-2011, 07:54 AM
 
Location: Dallas, TX
31,767 posts, read 28,815,462 times
Reputation: 12341
Quote:
Originally Posted by pghquest View Post
FAIL as usual. The economy was so strong when the Democrats took over Congress in 2007, that they increased the minimum wage, claiming the economy could handle it.. It seems they were wrong yet again.

As for 9/11, thats beyond ridiculous to blame Congress for a terrorist attack. Unless of course you think Congress should have been watching the airports and doing security work..
In other words, your answer to all of the questions (quoted here again, for convenience) is NO.

1- Do you blame GOP for letting 9/11 happen under its watch (both Congress and White House)?
2- Do you blame GOP for the 2001 recession and its extremely slow job recovery?
3- Do you think 2007-09 recession wouldn't have been if democrats hadn't taken control of the Congress in 2007?
4- Would you blame GOP's "landslide" victory in 2010 elections if the economy collapses before the next election?
5- And if you still want to lay blame on democratic win and taking over the Congress in 2007 as the reason for recession, how about you also accept that under democratic congress, more jobs were added in a year (Jan 2007-Jan 2008) than under the republican congress before it in 4.5 years since the GOP had control of the Congress AND the White House?


You sire, are amusing and perfect representation of everything that is wrong with America's political system.
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Old 06-03-2011, 07:55 AM
 
Location: Florida
76,971 posts, read 47,621,806 times
Reputation: 14806
Bush's mission to get 5.5 million low income minorities mortgages when they would not otherwise qualify for them.

Mobilizing the Private Sector: America's Homeownership Challenge
  • Establish a national goal of at least 5.5 million new minority homeowners before the end of the decade.
  • Challenge the private sector real estate and mortgage finance industries to dramatically increase their efforts to reduce the barriers to homeownership faced by minority families and to work with the nonprofit sector in a concerted effort to achieve this goal through national and local partnerships.
  • Convene a White House Conference on Increasing Minority Homeownership, to highlight the homeownership barriers faced by minorities and develop proposed solutions.
  • A substantial increase of at least $440 billion in the financial commitment made by the government-sponsored enterprises involved in the secondary mortgage market, specifically targeted toward the minority market;
  • Twenty-five different local initiatives to be undertaken across the nation, geared toward eliminating the specific homeownership barriers faced by minority families in those communities;
  • A commitment to raise $750 million in below-market-rate investments by 2007, which will work in collaboration with local homeownership initiatives and be targeted to heavily minority program areas;
  • Pursuing strategic partnerships in 20 top housing markets between homebuilders, lenders, local officials, and community leadersto develop approaches that address the local challenges tobuilding homes for minority families living in urban centers;
  • Establishing of faith-based housing partnerships between the participants and at least 100 churches, mosques, synagogues, and other faith-based institutions;
  • Aggressively developing new mortgage products so that conventional market alternatives are available to combat the predatory loan products that are disproportionately targeted to minorities;
  • Creating new mortgage products to meet the unique needs of recent immigrants;
  • Dramatically expanding financial education efforts for minorities, providing financial counseling to at least 380,000 minority families, and taking measures at the local level to reduce predatory lending; and
  • Establishing multilingual, consumer-oriented internet Web sites designed tohelp minorities overcome barriers to homeownership, including creation of a central data bank of affordable housing programs made available to real estate agents when working with clients.
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Old 06-03-2011, 07:56 AM
 
45,225 posts, read 26,437,203 times
Reputation: 24979
Obviously we need more central planning from the intellectual/political class and further confiscation of tax dollars to turn this economy around.
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Old 06-03-2011, 07:56 AM
 
Location: Unperson Everyman Land
38,642 posts, read 26,374,838 times
Reputation: 12648
[quote=BentBow;19426924]Which direction are we actually headed?


This is no leader we have here people.
This is someone that is clueless about economics and how jobs and prosperity are created.

This someone is Barack Obama and his minions.

Quote:
Originally Posted by jambo101 View Post
Let me get this right the Republicans are against big government and nanny state mentalitys yet you want the government to make lots of jobs for everyone, seems to me you cant have it both ways ... Make your own jobs..

Ok, so where is the part where he says he wants government to create jobs?
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Old 06-03-2011, 07:57 AM
 
69,368 posts, read 64,101,577 times
Reputation: 9383
Quote:
Originally Posted by EinsteinsGhost View Post
In other words, your answer to all of the questions (quoted here again, for convenience) is NO.

1- Do you blame GOP for letting 9/11 happen under its watch (both Congress and White House)?
2- Do you blame GOP for the 2001 recession and its extremely slow job recovery?
3- Do you think 2007-09 recession wouldn't have been if democrats hadn't taken control of the Congress in 2007?
4- Would you blame GOP's "landslide" victory in 2010 elections if the economy collapses before the next election?
5- And if you still want to lay blame on democratic win and taking over the Congress in 2007 as the reason for recession, how about you also accept that under democratic congress, more jobs were added in a year (Jan 2007-Jan 2008) than under the republican congress before it in 4.5 years since the GOP had control of the Congress AND the White House?

You sire, are amusing and perfect representation of everything that is wrong with America's political system.
The items listed, have nothing to do with a failure to reform housing, or government taking money out of the economy, thus not allowing the economy to grow. Try again..
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Old 06-03-2011, 07:58 AM
 
69,368 posts, read 64,101,577 times
Reputation: 9383
Quote:
Originally Posted by Finn_Jarber View Post
Bush's mission to get 5.5 million low income minorities mortgages when they would not otherwise qualify for them.


A substantial increase of at least $440 billion in the financial commitment made by the government-sponsored enterprises involved in the secondary mortgage market, specifically targeted toward the minority market;
FAIL.. that says nothing about putting people in homes they wouldnt qualify for, unless your argument now is that minorities are unqualified and should never own homes.

Are you making racist statements now?
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Old 06-03-2011, 07:59 AM
 
Location: Tampa Florida
22,229 posts, read 17,853,377 times
Reputation: 4585
Quote:
Originally Posted by Secchamps98 View Post
Your wrong, I work for a fortune 50 company. Under the new Health care law a 2.3% tax on revenue (not profits!!) will be imposed on Medical technology companies to help pay for others health insurance.

Medical Device Tax Hits Most of Health Care Industry

For my business that is 46 million in new taxes this year....so, instead of hiring people now and laying them off in 18 mo...we save our cash in anticipation of paying this yearly tariff...by the way there is plenty of demand for our products....people don't stop getting sick....
This year? Really? That's strange, since it tax doesn't go into effect til 2013. But what's a good lie between friends? By 2013 most firms will be able to offset the tax via cost reductions, although firing people is easy, good management finds other ways to offset.
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Old 06-03-2011, 08:01 AM
 
6,565 posts, read 14,294,655 times
Reputation: 3229
Quote:
Originally Posted by pghquest View Post
Silly me, I assumed everyone posting here was alive during the Bush administration and thus they were aware of the reform changes and hearings held..
Bush Called For Reform 17 Times In 2008 | Sweetness & Light


YouTube - ‪Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis‬‏
Weylll why don't I pull your old trick out of the hat here then.... WHO was in contol of BOTH houses AND the Presidency in 2004?

Yet complaints that "nothing was done"?

Not to mention a you tube video cherry-picking quotes is suspect at best, but if that's what you have? Okay.

Quote:
Originally Posted by pghquest
Actually, if you are making the claim they loosened lending standards, then its up to you to provide links.. Not me..
LOL!!!! Sorry, weren't YOU the one just whining that it appeared some weren't alive during the Bush Administration?..

I mean c'mon!! But okay...

Daily Kos: Who is Responsible for Subprime Mess?

Quote:
Originally Posted by excerpt
In order to agressively increase the housing numbers, the Administration initiated in 2002, as part of their "Ownership Society" program, "America's Home Ownership Challenge". The goal of this program was to greatly increase home ownership and, in particular, minority, low income, and new immigrant home ownership. As part of this program, the Administration sought to "dismantle barriers to homeownership" including regulation of the mortgage industry and mortgage loan products. The Bush Administration pushed the mortgage industry to "aggressively develop new mortgage products" and challenged the real estate, mortgage, and finance industries to "join in the effort to tear down barriers of home ownership." The Bush Administration challenged the mortgage industry to "loosen credit standards" and to "make riskier loans."
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