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Thread: Five years in, Obama and Bush poll numbers nearly identical

  1. #191
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    Re: Five years in, Obama and Bush poll numbers nearly identical

    Quote Originally Posted by Rocketman View Post
    will the new punchline be: It's Obama's fault.......It's Bush and Obama's fault..........or It is dumb and ****ing stupid's fault
    Nah, I still think that Bush will be a bigger scapegoat. It's because liberals have become used to blaming him for any and everything. For some reason, a young couple buying a house they cannot afford, using bank money they never should've been approved for, at a rate they never should've been given from a government body that shouldn't have interfered...is Bush's fault.

    People have a funny way of blaming Bush for all their woes. Obama doesn't get enough blame for all his.

  2. #192
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    Re: Five years in, Obama and Bush poll numbers nearly identical

    Quote Originally Posted by Gipper View Post
    Nah, I still think that Bush will be a bigger scapegoat. It's because liberals have become used to blaming him for any and everything. For some reason, a young couple buying a house they cannot afford, using bank money they never should've been approved for, at a rate they never should've been given from a government body that shouldn't have interfered...is Bush's fault.

    People have a funny way of blaming Bush for all their woes. Obama doesn't get enough blame for all his.
    MY son is a banker and the only loans the defaulted at their bank was just what you described above. Those loan defaults rest squarely on the people that signed on the dotted line to borrow the money, not the banks, and certainly not the taxpayers.

  3. #193
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    Re: Five years in, Obama and Bush poll numbers nearly identical

    Quote Originally Posted by digsbe View Post
    He took a mess and is making it worse.
    How on earth can you believe things are worse than during the final year of the Bush presidency?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  4. #194
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    Re: Five years in, Obama and Bush poll numbers nearly identical

    Quote Originally Posted by Rocketman View Post
    MY son is a banker and the only loans the defaulted at their bank was just what you described above. Those loan defaults rest squarely on the people that signed on the dotted line to borrow the money, not the banks, and certainly not the taxpayers.
    And is directly what is at issue in a hearing in 2004 here:

    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

  5. #195
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    Re: Five years in, Obama and Bush poll numbers nearly identical

    Quote Originally Posted by Kushinator View Post
    How on earth can you believe things are worse than during the final year of the Bush presidency?
    How can you think that they aren't?
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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    Re: Five years in, Obama and Bush poll numbers nearly identical

    Quote Originally Posted by j-mac View Post
    How can you think that they aren't?
    So far this year, 22 banks have failed. In 2009, 144 banks failed (and the total value of deposits on their books were like 10x greater than the ones in 2013).
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Five years in, Obama and Bush poll numbers nearly identical

    Quote Originally Posted by Rocketman View Post
    MY son is a banker and the only loans the defaulted at their bank was just what you described above. Those loan defaults rest squarely on the people that signed on the dotted line to borrow the money, not the banks, and certainly not the taxpayers.
    Bankers are supposed to be the professionals, who view risk in mostly a quantitative fashion. Yet for some reason, they issued loans (not just sub prime mind you) that were almost guaranteed to default, and then sold them off to securitization firms who then packaged them together in such a fashion, it hid the risk parameters. The end result was hundreds of billions of dollars in losses across the global financial system.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Five years in, Obama and Bush poll numbers nearly identical

    Quote Originally Posted by Kushinator View Post
    Bankers are supposed to be the professionals, who view risk in mostly a quantitative fashion. Yet for some reason, they issued loans (not just sub prime mind you) that were almost guaranteed to default, and then sold them off to securitization firms who then packaged them together in such a fashion, it hid the risk parameters. The end result was hundreds of billions of dollars in losses across the global financial system.
    they had no choice thanks to CRA. Ultimately no loan is made unless the borrower signs on the dotted line.

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    Re: Five years in, Obama and Bush poll numbers nearly identical

    Quote Originally Posted by sawyerloggingon View Post
    I did not elect this fool.
    What about the fool before him?


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

  10. #200
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    Re: Five years in, Obama and Bush poll numbers nearly identical

    Quote Originally Posted by Kushinator View Post
    So far this year, 22 banks have failed. In 2009, 144 banks failed (and the total value of deposits on their books were like 10x greater than the ones in 2013).
    Yeah, isn't Obama's schemes of payback, and bail out of too big to fail just grand? IIRC, his biggest donor was Goldman Sach's right?
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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