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Thread: Obama announces his Candidacy for 2012.

  1. #351
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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by pbrauer View Post

    What reforms were drafted and where did the Democrats filibuster reform?

    From that article...
    September 11, 2003

    WASHINGTON, Sept. 10— The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

    Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.
    With my best Clara Peller imitation ... Where's the bill???

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by Sheik Yerbuti View Post
    From that article...
    September 11, 2003

    WASHINGTON, Sept. 10— The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

    Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.
    With my best Clara Peller imitation ... Where's the bill???
    Never made it because of lack of support from the Senate including Dodd who was too busy working on his Countrywide home mortgage. Just goes to show that without 60 votes not a lot can get done especially when it comes to legislation like this. Obama didn't have that problem which of course you ignore.

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by Sheik Yerbuti View Post
    I'm aware of that and have experienced it first hand. Just the other day he made the fallacious claim that Bush created 6.5 million jobs. Even after I proved him wrong, he refused to acknowledge it.

    It must really sting him, being edumicated by a Librul.
    When I debate him he made the claim that somehow that the budget was all Obama's fault and ignored the 3 trillions dollars that Bush had put on the federal debt.

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by RyrineaHaruno View Post
    When I debate him he made the claim that somehow that the budget was all Obama's fault and ignored the 3 trillions dollars that Bush had put on the federal debt.
    Ok, enlighten me whose budget was the 2010 and 2011 budgets? that is three trillion in debt right there. Add the 1 trillion that Obama added to the 2009 deficit with the 350 TARP funds he was left, the 800 billion stimulus, and the war supplementals and you have almost as much debt in three years and Bush generated in 8.

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by Conservative View Post

    Never made it because of lack of support from the Senate including Dodd who was too busy working on his Countrywide home mortgage.
    Again, Republicans were in control. They controlled the House, they controlled the Senate, and they controlled every committee in both chambers. How the hell is it the fault of one member of the minority party in each chamber?

    Quote Originally Posted by Conservative View Post

    Just goes to show that without 60 votes not a lot can get done especially when it comes to legislation like this.
    Ok, then show the bill that was filibustered ... ??

    And while I'm waiting for that (which I know will never come), explain why the House, which doesn't have a filibuster rule, didn't pass any legislation?

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by Sheik Yerbuti View Post
    From that article...
    September 11, 2003

    WASHINGTON, Sept. 10— The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

    Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.
    With my best Clara Peller imitation ... Where's the bill???
    Frank's fingerprints are all over the financial fiasco - The Boston Globe

    ''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis. The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.'' -- Barney Frank (D - MA)

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by Sheik Yerbuti View Post
    Again, Republicans were in control. They controlled the House, they controlled the Senate, and they controlled every committee in both chambers. How the hell is it the fault of one member of the minority party in each chamber?


    Ok, then show the bill that was filibustered ... ??

    And while I'm waiting for that (which I know will never come), explain why the House, which doesn't have a filibuster rule, didn't pass any legislation?
    You really don't understand how our govt. works and obviously never took a civics class. Do so and get back to me.

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by Conservative View Post
    Ok, enlighten me whose budget was the 2010 and 2011 budgets? that is three trillion in debt right there. Add the 1 trillion that Obama added to the 2009 deficit with the 350 TARP funds he was left, the 800 billion stimulus, and the war supplementals and you have almost as much debt in three years and Bush generated in 8.
    Oh i get it.

    Obamas debt bad.

    Bushs debt good.

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by Conservative View Post

    You really don't understand how our govt. works and obviously never took a civics class. Do so and get back to me.
    Translation: No bill was filibustered, Republicans failed to pass any legislation while they were in charge, Conservative can't bring himself to admit that.

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    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by RyrineaHaruno View Post
    When I debate him he made the claim that somehow that the budget was all Obama's fault and ignored the 3 trillions dollars that Bush had put on the federal debt.
    the deficit for february alone was greater than what's-his-name's for all of 07

    U.S. sets $223B deficit record - Washington Times

    Deficit for Fiscal 2007 Slides - Real Time Economics - WSJ

    seeya at the polls

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