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Thread: Bush warns of threats to freedom, economic growth

  1. #11
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    Re: Bush warns of threats to freedom, economic growth

    Quote Originally Posted by j-mac View Post
    Sorry, you are just plain wrong about this.







    yes, and who was smacked down when he offered any change to the system that was making these loans?


    YouTube- Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis





    partially yes. But greed alone was not the enabler of those who wanted to give their constituents something they couldn't afford, regardless of the damage that would do. That was demo's.





    Really? So qualifying to by a half million dollar home with no proof of income, and then buying the house on an interest only bubble loan was affordable? When?





    If the home was affordable to them when they purchased it, there shouldn't have been a need to refi it.


    j-mac
    there is no cra regulation that required banks to make loans to people who did not qualify, nor were there statutes that required banks to look the other way on proof of income. please show some actual proof that cra regulations caused the mortgage meltdown.

    your link does not provide a single shred of proof.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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    Re: Bush warns of threats to freedom, economic growth

    Quote Originally Posted by liblady View Post
    no bank was never forced to lend money to people who didn't qualify. are you at all familiar with CRA? it's ridiculous to write that, and it's ridiculous to believe that. THAT'S intellectually dishonest.
    That's not the whole truth. Barney Frank and Chris Dodd threatened enormous political and social pressure on institutions that didn't play along with the entire sub-prime movement. Now, I do not support the banks decisions, and I believe they should have stood up to that pressure. They were complicit for sure.

    But Frank and Dodd should be in prison for what they did with Fannie and Freddie; instead, they remain poster boys for the Democratic party.

    And the mere consideration of bailing out these banks will be the blemish on Bush's presidency that will not go away. (In 50 years, he'll be looked upon favorably like many presidents are after the nuts of the day are finally dead and buried.)

    Obama wants to bail them out again...and again....and again....until the government owns the banking institution virtually entirely. Same with a lot of things.

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    Re: Bush warns of threats to freedom, economic growth

    Quote Originally Posted by liblady View Post
    there is no cra regulation that required banks to make loans to people who did not qualify, nor were there statutes that required banks to look the other way on proof of income. please show some actual proof that cra regulations caused the mortgage meltdown.

    your link does not provide a single shred of proof.

    Even if your talking points are true, which there is a severe measure of disingenuousness to them, you don't think that the thugs in congress or the pressure groups like ACORN, and the SEIU would put anything like that in writing do you? What do you libs take the American people for?

    You so obviously didn't watch the clip I gave to you that shows how the liberal demo's went after the regulators for even daring to suggest that something was wrong with Fannie, or Freddie.

    It is obscene that you would defend, and worse yet try to pin the entire debacle of Bush, or the republican party alone, and shows that instead of actually researching what happened, and what caused this meltdown, you prefer to take the word of people looking to cover their own asses politically, and feed you talking points that you lap up like a sheep.


    j-mac
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    Re: Bush warns of threats to freedom, economic growth



    Newsflash: There was a housing bubble. And for some reason, i find it hard to believe that the housing bubble was primarily caused by lower income defaults.

    If the bold was truly the case it would not have been a bubble....
    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: Bush warns of threats to freedom, economic growth

    Quote Originally Posted by j-mac View Post
    Even if your talking points are true, which there is a severe measure of disingenuousness to them, you don't think that the thugs in congress or the pressure groups like ACORN, and the SEIU would put anything like that in writing do you? What do you libs take the American people for?

    You so obviously didn't watch the clip I gave to you that shows how the liberal demo's went after the regulators for even daring to suggest that something was wrong with Fannie, or Freddie.

    It is obscene that you would defend, and worse yet try to pin the entire debacle of Bush, or the republican party alone, and shows that instead of actually researching what happened, and what caused this meltdown, you prefer to take the word of people looking to cover their own asses politically, and feed you talking points that you lap up like a sheep.


    j-mac
    these are not talking points. i don't play that way. and where did i try to pin anything on anyone? i think your hyper-partisanship is showing.....better pull up your slip.

    i work for a bank and have some insight, btw. and you have yet to produce a single shred of evidence that the cra regs required banks to make shaky loans. not a shred.

    the re market is in miserable shape for a multitude of reasons. seems you believe democrats are to blame, and that's pure partisanship.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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    Re: Bush warns of threats to freedom, economic growth

    Quote Originally Posted by Goldenboy219 View Post


    Newsflash: There was a housing bubble. And for some reason, i find it hard to believe that the housing bubble was primarily caused by lower income defaults.

    If the bold was truly the case it would not have been a bubble....
    it wasn't. it's ridiculous to believe so. ;-)

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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    Re: Bush warns of threats to freedom, economic growth

    Quote Originally Posted by Whip Comes Down View Post
    That's only one of the many roles of government in the economic affairs of the Nation.
    That is unless you've actually READ the Constitution and enough of the Founding Fathers to understand it!

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    Re: Bush warns of threats to freedom, economic growth

    Quote Originally Posted by ConservaBill View Post
    That is unless you've actually READ the Constitution and enough of the Founding Fathers to understand it!
    What did the Founding Fathers say about the applying the well established common law rules of construction to the Constitution?

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    Re: Bush warns of threats to freedom, economic growth

    Quote Originally Posted by liblady View Post
    these are not talking points. i don't play that way. and where did i try to pin anything on anyone? i think your hyper-partisanship is showing.....better pull up your slip.

    Yeah, sure they aren't...And you did try and pin this on the usual liberal demons, evil banks making loans to unsuspecting dolts that didn't know any better, all to make a quick buck right here...http://www.debatepolitics.com/breaki...post1058362543

    Yes I am partisan, but not without good reason.


    i work for a bank and have some insight
    yeah, what do you do for the bank, and how big are they?


    and you have yet to produce a single shred of evidence that the cra regs required banks to make shaky loans. not a shred.

    View the video I provided, it certainly is odd that demo's are attacking a regulator is it not? But I believe that Frank, and Dodd should be investigated criminally for their involvement. Then maybe you could get to the bottom.


    the re market is in miserable shape for a multitude of reasons. seems you believe democrats are to blame, and that's pure partisanship.

    The refi market is in terrible shape because they are trying to throw our money at the problem without fixing it....We already know the outcome of what they want to continue.


    j-mac
    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: Bush warns of threats to freedom, economic growth

    Quote Originally Posted by PeteEU View Post
    Nice, maybe he should admit that his lack of oversight, regulation and transparency lead in part to the problem as well.
    Care to point to specific examples of this being all Bush's fault?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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