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.
This housing collapse certainly started with Carter. That doesn't excuse those who followed down the years and didn't see the inevitable consequences, whether because they didn't have the knowledge of lending $'s or were just not interested enough to pay attention or just didn't care as long as they "bought" the votes of those who could not save a down payment to truly qualify for a loan.
I will once again bring your attention back to the fact that President Bush sent down at least 6 (and I think it was really 7) requests to Congress to clean up Fannie Mae and Freddie Mac of the "toxic" mortgage problem, the Democrats of Congress, specifically Barney Frank, Maxine Waters, Chuck Schumer and Chris Dodd (there were more but these 4 are on C-SPAN tape in their archives spouting that everything was "just fine") pooh, poohed there was any problem and Senate Democrats indicated they would filibuster and stop any action if the Republicans tried to correct a sinking ship. That's on C-Span tape of speeches on the floor of the House and Senate, folks!
I will never blame the banking industry for bundling those "toxic mortgages" and getting rid of them after having been forced by Federal Government to make loans that they knew could never be paid by the applicants. They did what they had to do to get rid of bad government policy imposed on them. As a matter of fact, records will also show that Obama was one of the lawyers for those people incapable of repaying when they were refuse a loan. Smart man, eh? Never got over his low-level Community Service, deeply dug rut of Class Warfare!
The myth that you are circulating was debunked long ago. You must have not gotten the memo. The fact is that banks are the ones that caused the financial crisis.
This housing collapse certainly started with Carter. That doesn't excuse those who followed down the years and didn't see the inevitable consequences, whether because they didn't have the knowledge of lending $'s or were just not interested enough to pay attention or just didn't care as long as they "bought" the votes of those who could not save a down payment to truly qualify for a loan.
I will once again bring your attention back to the fact that President Bush sent down at least 6 (and I think it was really 7) requests to Congress to clean up Fannie Mae and Freddie Mac of the "toxic" mortgage problem, the Democrats of Congress, specifically Barney Frank, Maxine Waters, Chuck Schumer and Chris Dodd (there were more but these 4 are on C-SPAN tape in their archives spouting that everything was "just fine") pooh, poohed there was any problem and Senate Democrats indicated they would filibuster and stop any action if the Republicans tried to correct a sinking ship. That's on C-Span tape of speeches on the floor of the House and Senate, folks!
I will never blame the banking industry for bundling those "toxic mortgages" and getting rid of them after having been forced by Federal Government to make loans that they knew could never be paid by the applicants. They did what they had to do to get rid of bad government policy imposed on them. As a matter of fact, records will also show that Obama was one of the lawyers for those people incapable of repaying when they were refuse a loan. Smart man, eh? Never got over his low-level Community Service, deeply dug rut of Class Warfare!
so what you're saying is, you get all your news from far-right-wing sources?
the narrow spectrum of commentators, who include Rush Limbaugh, Hannity, et cetera, are the only people who are making the argument that you are. It centers around the CRA. We've discussed it ad nauseum on this board.
Even people like the Heritage Foundation, who are severe partisan hacks, don't even argue what you're arguing. The reason being, is that your argument requires DATA. And the data, if you've ever looked at it, tells a completely different story. That is, unless you can prove that the CRA was a $1.5 trillion / year lending program. (It wasn't)
So yeah, as long as you think that the banks have nothing to do with the crisis, no, I won't ever take your opinion seriously, and no one else should either. What you have to say about Warren is completely irrelevant, if you actually think that Carter caused the housing bubble and that Bush worked to prevent it.
Right, she is an advocate of the individual's legal rights over those of corporate America. What does that have to do with the constitution?
i've listened to quite a bit of her speeches and i simply don't come away with the same perspective as you. You will have to be more specific, about EXACTLY what she said, and EXACTLY how it relates to the constitution.
It looks to me like y'all are hiding behind labels, calling her a "marxist", someone who doesn't respect the constitution, etc., without making any attempt to justify why you think so. The predictable response from any right wing propagandist would be to state that, "It is so obvious, that if you can't see it, you must be a marxist, too." LOL. I'm just waiting on a predictable response like that, but I'm giving you the benefit of the doubt that you actually have some intelligent criticisms of her proposed policies.
Foolish Liberals. She's fighting millionaires. Who are individuals. With rights.
Read the Constitution, to find out it has everything to do with the Constitution.
The myth that you are circulating was debunked long ago. You must have not gotten the memo. The fact is that banks are the ones that caused the financial crisis.
so what you're saying is, you get all your news from far-right-wing sources?
the narrow spectrum of commentators, who include Rush Limbaugh, Hannity, et cetera, are the only people who are making the argument that you are. It centers around the CRA. We've discussed it ad nauseum on this board.
Even people like the Heritage Foundation, who are severe partisan hacks, don't even argue what you're arguing.
So yeah, as long as you think that the banks have nothing to do with the crisis, no, I won't ever take your opinion seriously, and no one else should either.
Yes they still operate off of the montra that if a lie is repeated enough then people will actually believe it. There are many who believe that Iraq had WMD's even after it has been shown over and over that it is not the case. Some people are just programmed.
I dare say that there is nothing that I could post that would make you believe that all of the financial problems and everything that is wrong with the country and maybe even the world cannot be directly laid to blame on liberals. Isn't that about true?
Blindness reaches epidemic proportions in MA...EW seen as viable candidate
"What I find most interesting about her competing with Scott Brown is the fact that Brown is so tied in with Wall Street that she actually is his Nemesis.'
Help me to understand the opposition to Wall Street and the support of Obama who has a treasury dept fully stocked with Goldman alum.
You do realize that most people have money invested in the stocks of those evil corporations?
Your man Charlie Rangell is in charge of the tax code.
GM shareholders lose out, despite the law protecting them, to Obama union backers.
Obama owns GE or is it GE owns Obama?
EW is a socialist, no thanks!
Even a fetid stew can be flavored with some fresh basil leaves. That is the essence of EW.
Foolish Liberals. She's fighting millionaires. Who are individuals. With rights.
She's fighting a lot of entrenched groups, not just millionaires.
from her website:
Our self-employed and small businesses, and the community banks that fund them, are drowning in complicated regulations. Long, complex rules create loopholes that the big companies can take advantage of, but they leave little guys out in the cold. We need rules that are written with small businesses in mind. We need straightforward rules that any small business can deal with, like the short and streamlined mortgage form the consumer agency is putting into law.
Quote:
Read the Constitution, to find out it has everything to do with the Constitution.
what a joke of a response. I ask for an explanation of YOUR argument and you give me more bullsh*t.
"What I find most interesting about her competing with Scott Brown is the fact that Brown is so tied in with Wall Street that she actually is his Nemesis.'
Help me to understand the opposition to Wall Street and the support of Obama who has a treasury dept fully stocked with Goldman alum.
You do realize that most people have money invested in the stocks of those evil corporations?
Your man Charlie Rangell is in charge of the tax code.
GM shareholders lose out, despite the law protecting them, to Obama union backers.
Obama owns GE or is it GE owns Obama?
EW is a socialist, no thanks!
Even a fetid stew can be flavored with some fresh basil leaves. That is the essence of EW.
The stock market in and of itself is not inherently bad. However, it should be regulated to protect our economy and the people who invest in it.
so what you're saying is, you get all your news from far-right-wing sources?
the narrow spectrum of commentators, who include Rush Limbaugh, Hannity, et cetera, are the only people who are making the argument that you are. It centers around the CRA. We've discussed it ad nauseum on this board.
Even people like the Heritage Foundation, who are severe partisan hacks, don't even argue what you're arguing. The reason being, is that your argument requires DATA. And the data, if you've ever looked at it, tells a completely different story. That is, unless you can prove that the CRA was a $1.5 trillion / year lending program. (It wasn't)
So yeah, as long as you think that the banks have nothing to do with the crisis, no, I won't ever take your opinion seriously, and no one else should either. What you have to say about Warren is completely irrelevant, if you actually think that Carter caused the housing bubble and that Bush worked to prevent it.
Cannot rep you again and spot on! Repeat the lie long enough and it becomes truth has been proven over and over again and is what made guys like Limbaugh rich. Here's a woman that is actually not on the take from Wall Street, exposing massive usery within the credit card industry to protect the working class and the right wing base is demonizing her.
Common sense would dictate (even to the most intellectually challenged) that the ones that are bashing her, are proecting the culprits that are giving them their kickbacks and campaign funding. A no brainer really...but even a no brainer does not register with those of no brain sometimes...I guess.
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.
Blindness reaches epidemic proportions in MA...EW seen as viable candidate
Cannot rep you again and spot on! Repeat the lie long enough and it becomes truth has been proven over and over again and is what made guys like Limbaugh rich. Here's a woman that is actually not on the take from Wall Street, exposing massive usery within the credit card industry to protect the working class and the right wing base is demonizing her. 
