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CNN poll. The public still blames Bush for the economy

Erod said:
Wrong.

Try Barney Frank and Chris Dodd. They were in the front of the "lending discrimination" threats that to the relaxed lending requirements.
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Yet more republican dodge tactics.

You fail sir. The republicans in the Bush Administration caused this issue. Please cease making excuses for Republi-criminals. (Yes, I realize the Liberals are no better; however, this situation occurred during a REPUBLICAN administration when there was a REPUBLICAN MAJORITY IS BOTH THE HOUSE AND THE SENATE)
 
Winnb said:
Agreed. The constant manipulation by both parties, the cronyism, the "corporatism", the bailouts, the greed... and of course the constant demands of the American people to "do something" to benefit us (the pork) all adds up to the situation we're in now.
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I think another problem is that Americans are only willing to see part of it or put more blame to the other side. You can even see it in this thread. Democrats are more to blame, no Republicans. NO they both are equal to blame because they both are equally screwing us all. The sooner people can get over their hatred of the other party the sooner we can fix the economy and everything else.
 
Vader said:
Wrong.

That is more republican rhetoric. It did happen. Accept it an move on.
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So, do you have any evidence, or are you just spewing unbacked rhetoric as usual?
 
soccerboy22 said:
I think another problem is that Americans are only willing to see part of it or put more blame to the other side. You can even see it in this thread. Democrats are more to blame, no Republicans. NO they both are equal to blame because they both are equally screwing us all. The sooner people can get over their hatred of the other party the sooner we can fix the economy and everything else.
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I know and agree. I think a lot of this partisan divide is intentional on the part of both parties. They like keeping Americans politically divided and barking at each other.

Just look at our "infotainers" that spout rhetoric and hyperbole every night on the televisions and radio airwaves. It's amazing how much partisan yelling there is. And everything is always the other side's fault.
 
it's subprime that got us in the mess, most directly

the practice of putting people in homes they really can't afford

adjustable interest rates kept artificially low at the start

big balloon payments several years in

there were several ways for folks to get around pre-qual's, income requirements

there was definitely AN AGENDA, fannie and fred put literally millions of such loans out there

it's really not in the interest of lenders, you know, to put the bulk of their capital in the hands of folks who can't pay it back

the agenda, ie, was POLITICAL

the whole thing was dependent on the ability to refinance before the adjustable, before the balloon came due

but this refi required continued appreciation in home values

it was the appreciated equity these deadbeat (excuse me, please) borrowers were counting on using as their down's, their leverage for better terms

when appreciation stopped, indeed, actually reversed...

i would expect all of the above is common knowledge for the with-it members of this fine forum

carter famously passed the community reinvestment act

clinton famously removed glass steagall restrictions

dodd and frank famously testified that fannie and fred were fine

bush famously bragged that home ownership, especially among minorities, was thru the roof

now, everyone wants to take it all back

except there's one organization that's actually PROUD of its subprimey fingerprints

ACORN

on the community organizer's OWN web page they're STILL talking about helping you get into a home or stay in yours using all the tools at their activist disposal

except they've TAKEN IT DOWN---LOL!

the web page isn't there anymore!

http://www.acorn.org/index.php?id=12186&L=1/index.php?id=

i still remember the phone number, i posted it so many times in previous posts

1-866-67-acorn

LOL!

call!

maybe you can get yourself a nice upside down mortgage

OBAMA RECONSTRUCTED FANNIE AND FRED IN DECEMBER WITH NO LIMIT ON THE TAXPAYERS' BACKING:

U.S. to Lose $400 Billion on Fannie, Freddie, Wallison Says - Bloomberg.com

just this week another hurtful headline: HOME FORECLOSURES WERE 300G FOR THE 11TH STRAIGHT MONTH, WITH NO END IN SIGHT

U.S. foreclosures top 300,000 again - ContraCostaTimes.com

we are not close to the bottom of the housing market, realtytrac always says the same thing---more coming, pace to accelerate

well, at least dodd and frank and bush and clinton all have the sense to run away from it all now

but not ACORN

the red t-shirts are PROUD

they're PROGRESSIVE

they REPRESENT

you gotta admire their candor, at least

obama got his start with acorn, acorn and obama are like a seed and a tall, skinny tree
 
@ The Prof

You might have some good and debatable points in your posts, but for the life of me I can't read them.

Paragraphs are not your enemy.
 
my points are good

but they're not debatable

read the links
 
CNN poll huh....That pretty much explains it....They did not call it the Clinton News Network for nothing........
 
Winnb said:
@ The Prof

You might have some good and debatable points in your posts, but for the life of me I can't read them.

Paragraphs are not your enemy.
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That is because to see the truth you have to open your eyes.......
 
Dav said:
Yeah, one problem with that theory: that never happened. Republicans did not deregulate banks and lenders. If they had, we might not have had this problem.
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They did not buy automobile companies either.......
 
~ For many people, an excuse is better than an achievement because an achievement, no matter how great, leaves you having to prove yourself again in the future but an excuse can last for life." ~ Eric Hoffer
 
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