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Why does Obama get a pass?

Dude. Obama didn't "revive" subprimes - the lending industry found a way around the regulations. It's not much different from drug pushers developing a new type of drug that - since it's not yet on the 'banned' list - is every bit as intoxicating as cocaine, but is legal because it's effectively used a loophole to get around the existing regulations.

For a better explanation:

The business of bundling riskier U.S. mortgages into bonds without government backing is gearing up for a comeback. Just don’t call it subprime.

Hedge fund Seer Capital Management, money manager Angel Oak Capital and Sydney-based bank Macquarie Group Ltd. are among firms buying up loans to borrowers who can’t qualify for conventional mortgages because of issues such as low credit scores, foreclosures or hard-to-document income. They each plan to pool the mortgages into securities of varying risk and sell some to investors this year. JPMorgan Chase & Co. analysts predict as much as $5 billion of deals could get done, while Nomura Holdings Inc. forecasts $1 billion to $2 billion.

Investment firms are looking to revive the market without repeating the mistakes that fueled the U.S. housing crisis last decade, which blew up the global economy. This time, they will retain the riskiest stakes in the deals, unlike how Wall Street banks and other issuers shifted most of the dangers before the crisis. Seer Capital and Angel Oak prefer the term “nonprime” for lending that flirts with practices that used to be employed for debt known as subprime or Alt-A.


But I get it - you've just GOT to find stuff to blame Obama for.

So, you are not blaming Bush for the crash?

I'm sure your post will be flooding with hypocrisy.
 
As a black president Obama has an obligation to lift African Americans. If it wasn't for African Americans, John McCain would be president.

Does he? I thought he was the President of ALL US Citizens, something must have changed and I had not heard about it, got a link?

No, if McCain had not been a Yes man to Dubya and had he not picked a nut job as his running mate, he might have stood a chance, but that is history. Unfortunately the GOP, or some within it, decided that Trump would be a better idea. Good Grief you had the election in the bag all you had to do is select someone that was an actual Conservative and does make people shake their head in disbelief several times a week due to his foot in mouth trick being repeated over and over. The GOP learned nothing, enjoy the results, can you say President Hillary Clinton and her First Man Bubba, might as well go ahead and start practicing.
 
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Please explain to us, in your own words, exactly how this claim is true.

13-ps-housing-chart.jpg

the Obama regime views FICO scoring as too strict, “unfairly locking” millions of low-income minorities and immigrants out of homes. So it’s pressuring Fannie and Freddie, which control 57% of primary-home-purchase loans and set the underwriting standards for the entire mortgage industry, to abandon reliance on FICO for a more accommodating standard for evaluating credit risk.

Obama is setting us up for another housing crash | New York Post
 
So, you are not blaming Bush for the crash?

I'm sure your post will be flooding with hypocrisy.

I do blame Bush for the crash - it happened not just on his watch, but after he'd been president for seven years already. That said, Clinton also shares the blame, since he signed the repeal of Glass-Steagal. It doesn't matter that the bill was passed by veto-proof margins in the GOP-controlled House and Senate at the time - Clinton signed it, so he owns it.

If you've read my writings much, you'll have seen that I give Bush 41 more credit than Clinton for the mid-90's economic boom. Bush 41 was a very underrated president - and history will be kind to him indeed.

In other words, do not assume that I'm "just a partisan hack" - for if I were, I wouldn't be pointing out where Clinton shared the blame, and where Bush 41 should be praised. NOW, seeing as how I'm not afraid to give credit and blame to both sides...can you do the same? Can you state the things that Obama did right, instead of saying only that which he did (at least in your opinion) wrong?
 
Why didn't he use his bully pulpit to decry the destruction of the African-American family? The deplorable public education inner-city youth DON'T get? The lack of vocational training in these inner-city poverty-stricken neighborhoods? The lack of large food chain stores to provide reasonably priced and fresh foods for these neighborhoods? The lack of jobs? The high crime rate? The deplorable crime statistics of young black males? The virtual WAR ZONES that plague our inner-cities?

He has. Where have you been?

Know why? Because Democratic policies have caused and perpetuate these conditions. These inner-city ghettos are plantations just as surely as if we were in the early 1800s...with the inhabitants crying out Yes Massa!! every election cycle.

Ah, yes. The old racist favorite: blacks are naturally slaves and it was better before.
 
As a black president Obama has an obligation to lift African Americans. If it wasn't for African Americans, John McCain would be president.

And if it wasn't for women who voted for him, Obama wouldn't be president. And if it wasn't for Hispanics who strongly voted for him, Obama wouldn't be president. And if it weren't for liberal white guys like me who also voted in the millions for Obama, he wouldn't be president.

But I get it - you've just GOT to point at Obama and make comments about color.
 
Why didn't he use his bully pulpit to decry the destruction of the African-American family? The deplorable public education inner-city youth DON'T get? The lack of vocational training in these inner-city poverty-stricken neighborhoods? The lack of large food chain stores to provide reasonably priced and fresh foods for these neighborhoods? The lack of jobs? The high crime rate? The deplorable crime statistics of young black males? The virtual WAR ZONES that plague our inner-cities?

Know why? Because Democratic policies have caused and perpetuate these conditions. These inner-city ghettos are plantations just as surely as if we were in the early 1800s...with the inhabitants crying out Yes Massa!! every election cycle.

This is one of the stupidest posts I've ever read. You're better than this, Maggie. This is painful-to-read counterfactual trash.
 
i would really like to know exactly what you believe Obama should have done to address the situations you described

Any time that Obama has talked about race, he has been blasted by regressives for stoking race relation issues. If he were to come out today and give a lengthy speech on the problems in Black America, he'd be accused of playing the race card or something worse. They even hold him responsible for the renaissance in white racism that just happened to crop up when Trump accidentally won the GOP nomination.

That's the "pass" he's gotten.
 
I do blame Bush for the crash - it happened not just on his watch, but after he'd been president for seven years already. That said, Clinton also shares the blame, since he signed the repeal of Glass-Steagal. It doesn't matter that the bill was passed by veto-proof margins in the GOP-controlled House and Senate at the time - Clinton signed it, so he owns it.

If you've read my writings much, you'll have seen that I give Bush 41 more credit than Clinton for the mid-90's economic boom. Bush 41 was a very underrated president - and history will be kind to him indeed.

In other words, do not assume that I'm "just a partisan hack" - for if I were, I wouldn't be pointing out where Clinton shared the blame, and where Bush 41 should be praised. NOW, seeing as how I'm not afraid to give credit and blame to both sides...can you do the same? Can you state the things that Obama did right, instead of saying only that which he did (at least in your opinion) wrong?

Obama is one of the worse presidents in the history of the United States. Him and his cronies and surrogates have led to the unfettered growth of ISIS, Russia, North Korea and our enemies abroad.

Obama has promoted corporate welfare, massive homicide rates, school shootings, terrorist attacks, etc... I actually feel bad for our next President inheriting such a mess!
 
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:roll: That each situation was treated differently by some is not partisan by default. The two scenarios are not completely analogous, nor should be the analysis.

It's an asinine comparison. Bush hired his buddy, good ol' "Brownie" the horse trainer to run FEMA. "Brownie" had never had any experience doing anything like that, so what the hell, let's put him in charge of running national disaster preparedness and relief. It was days before the federal government took action once Katrina hit.

And now this latest flood happens and FEMA is on it from day one because competent people were appointed. The only similarity is that neither President made the useless trip to survey the site for a photo op.
 
This is one of the stupidest posts I've ever read. You're better than this, Maggie. This is painful-to-read counterfactual trash.

It's one of racists' all time favorite narratives. The idea is that the South was not to blame for slavery, blacks are naturally slaves. Want proof? Look! Even today, long after the Emancipation Proclamation, they're still slaves... by choice! They like it!

Of course, the very idea of comparing voting for the democrat party and inner city conditions to slavery is offensive to any decent person in the first place. But that also serves the racist narrative that slavery "wasn't all bad".
 
Obama is one of the worse presidents in the history of the United States. Him and his cronies and surrogates have led to the unfettered growth of ISIS, Russia, North Korea and our enemies abroad.

Obama has promoted corporate welfare, massive homicide rates, school shootings, terrorist attacks, etc... I actually bad for our next President inheriting such a mess!

So you will give Hillary a pass to get things righted? Who woulda thunk it.
 
It's one of racists' all time favorite narratives. The idea is that the South was not to blame for slavery, blacks are naturally slaves. Want proof? Look! Even today, long after the Emancipation Proclamation, they're still slaves... by choice! They like it!

Of course, the very idea of comparing voting for the democrat party and inner city conditions to slavery is offensive to any decent person in the first place. But that also serves the racist narrative that slavery "wasn't all bad".

Democratic Party.
 
Obama is one of the worse presidents in the history of the United States. Him and his cronies and surrogates have led to the unfettered growth of ISIS, Russia, North Korea and our enemies abroad.

Obama has promoted corporate welfare, massive homicide rates, school shootings, terrorist attacks, etc... I actually feel bad for our next President inheriting such a mess!

Obama has promoted massive homicide rates, school shootings and terrorist attacks? Seriously?

(I'm even GIVING you "corporate welfare" here.)
 
Obama is one of the worse presidents in the history of the United States. Him and his cronies and surrogates have led to the unfettered growth of ISIS, Russia, North Korea and our enemies abroad.

Obama has promoted corporate welfare, massive homicide rates, school shootings, terrorist attacks, etc... I actually feel bad for our next President inheriting such a mess!

You seem to believe that Obama is the only person to have ever been POTUS. I have to believe you think that because you seem to be unaware of the the existence George W. Bush. There's also this puzzling misconception you have that Russia and North Korea came into existence at the same time Obama did. Next there's this thing about ISIS. At this point, I'm beginning to see how you might think this because your world apparently manifested itself in January of 2009, so it's understandable why you think that ISIS is Obama's fault.

And now the more I think about it, it has become apparent that you believe Obama to be a god who uttered corporate welfare and murder into existence. Ohmygod Bucky! You're an angel aren't you! You somehow got lost, exited Heaven a little less than 8 years ago, and landed in some person's body.

That explains everything.
 
This is one of the stupidest posts I've ever read. You're better than this, Maggie. This is painful-to-read counterfactual trash.

You have got to be kidding me. What's not true here? Specifically? Do you think inner city kids are getting good educations? See any fresh produce stores in their neighborhoods? What's the unemployment rate in the inner city? How many LITTLE KIDS are shot every year playing on their porches? How likely is a young black male to have a criminal record by the time he's early 20's? And if you don't call the inner city a war zone, you haven't been reading the stats.

So just what is STUPID about my post? Kindly be specific. We are wasting GENERATIONS of human beings keepin' 'em down on the farm. SEGREGATED. Out of the way of the rest of us.

Don't blabber. Explain to me specifically how our education system is wonderful in the inner cities...how we prepare these poor people for a career...the jobs that are available...the Whole Foods Markets so they can nourish their bodies with foods other than McDonald's trash... Tell me about the jobs for young people in these neighborhoods... For the dads... Explain to me how littl kids are getting murdered every weekend...

Let's hear how STUPID my allegations are.

Pfft.
 
We are seeing the same conditions today as the 60s - blacks can't get jobs, graduations are still low, blacks are getting beat and killed by the police.

Why doesn't Obama say he wants this to stop? Doesn't Obama, as an African American have an obligation to address these issues that are germane to the African American communities?

Obama is playing golf while Louisiana is flooding. The only reason why he is going now is because Trump led the way and went.

Obama, as demagogue in chief has done nothing to help the African American community.

Obama certainly has done something for the blacks. He has robbed them of their treasured belief that they cannot confront society and succeed.
After him it is a limp excuse to try and blame racism for one's own defeat.
 
Obama certainly has done something for the blacks. He has robbed them of their treasured belief that they cannot confront society and succeed.
After him it is a limp excuse to try and blame racism for one's own defeat.

Obama has robbed them of their spirit. He is the modern day William Ellison.
 
Obama is one of the worse presidents in the history of the United States. Him and his cronies and surrogates have led to the unfettered growth of ISIS, Russia, North Korea and our enemies abroad.

Obama has promoted corporate welfare, massive homicide rates, school shootings, terrorist attacks, etc... I actually feel bad for our next President inheriting such a mess!

Look at that. You can't even point to the fact that we've had positive private-sector job growth every single month since Sept. 2010 - by FAR the longest stretch in all our nation's history (a talking point which ANY politician would just about kill to have). You couldn't point to him getting bin Laden after Bush had failed to do so for seven years. You couldn't point to him bringing our nation's population to the highest percentage of health care coverage in our nation's history. You couldn't point to him bringing our nation out of the Great Recession even though the very month he took over we lost 800K jobs. You couldn't even point to the improvement in the Dow, which has gone from a nadir of less than 7,000 two months after he took over to well over 18,000 today...and which may yet reach the point of tripling that lower amount by the time he hands over the keys to the White House to Hillary.

You couldn't list any of that. Why? Because you've spent so long in the right-wing echo chamber that you're simply unable to be anything BUT partisan. You're unable to see anything BUT the bad - you can't see the good. Even worse, even if you did know that he did something good and right, you can't allow yourself to publicly admit it...because suddenly you'd be declared a RINO by your fellow conservatives.

It takes courage to force yourself to see both sides even when you don't want to do so...but try it sometime. It ain't easy...but it's well worth the effort.
 
Obama has robbed them of their spirit. He is the modern day William Ellison.

Black people seem plenty spirited to me. Maybe your problem is that you never actually talk to them.
 
Look at that. You can't even point to the fact that we've had positive private-sector job growth every single month since Sept. 2010 - by FAR the longest stretch in all our nation's history (a talking point which ANY politician would just about kill to have). You couldn't point to him getting bin Laden after Bush had failed to do so for seven years. You couldn't point to him bringing our nation's population to the highest percentage of health care coverage in our nation's history. You couldn't point to him bringing our nation out of the Great Recession even though the very month he took over we lost 800K jobs. You couldn't even point to the improvement in the Dow, which has gone from a nadir of less than 7,000 two months after he took over to well over 18,000 today...and which may yet reach the point of tripling that lower amount by the time he hands over the keys to the White House to Hillary.

You couldn't list any of that. Why? Because you've spent so long in the right-wing echo chamber that you're simply unable to be anything BUT partisan. You're unable to see anything BUT the bad - you can't see the good. Even worse, even if you did know that he did something good and right, you can't allow yourself to publicly admit it...because suddenly you'd be declared a RINO by your fellow conservatives.

It takes courage to force yourself to see both sides even when you don't want to do so...but try it sometime. It ain't easy...but it's well worth the effort.

Obama is a true demagogue in chief. I'm not sure what rose-colored glasses you are wearing but I certainly do not feel safe. Our economy is in the tank and our health care system is overpriced and disastrous.

From 2009 to 2014, real median household income dropped by more than $1,000 — or 2.3% — to $53,657. (And that decline would likely have been steeper if not for a 2013 change in the way the Census does its annual survey.)

Obama's economy has been particularly harsh on those already at the bottom. Census data show that the bottom fifth of households saw their average income fall by 8% from 2009 to 2014.

Looked at another way, the share of households with incomes below $25,000 climbed from 22.4% to 23.6% over those years.

Among blacks, it went from 35.5% to 36.8%.

The statistics on poverty are just as unpleasant.

In Obama's first year in office, 43.6 million people — or 14.3% of the population — lived in poverty.

By 2014, that number had climbed by more than 3 million, pushing the poverty rate up to 14.8%.

The poverty rate among blacks was 26.2% last year, up from 25.8% in 2009. Is that "moving forward," too?

Even the IBD/TIPP Economic Optimism Index is lower today than it was when Obama took office.

If anyone but Obama had presided over such results, his economic legacy would be in shambles and his policies in disrepute.

Middle Class Lost In Obama's 'Middle Class Economics' | Stock News & Stock Market Analysis - IBD
 
We are seeing the same conditions today as the 60s - blacks can't get jobs, graduations are still low, blacks are getting beat and killed by the police.

Why doesn't Obama say he wants this to stop? Doesn't Obama, as an African American have an obligation to address these issues that are germane to the African American communities?

Obama is playing golf while Louisiana is flooding. The only reason why he is going now is because Trump led the way and went.

Obama, as demagogue in chief has done nothing to help the African American community.

He's a racist and thrives on division and violence. Remember the Cambridge incident with Prof. Gates and the police sergeant, Crowley. President Obama's first statement was that he didn't know what happened but the police officer was wrong. When Obama learned what happened he had the tacky Beer Summit. Then there was Trayvon Martin who could have been Obama's son. The DOJ went to Sanford for foment dissension and violence. And, Feguson, Missouri. Riots, looting, burning and President Obama said, "Stay the course." Oh, but he didn't mean the rioting, looting or burning. He didn't even mean to stay the course with the lying in the media. No, he meant something else.

If black Americans were leaving the ghettos, getting to send their kids to decent schools, had jobs, and weren't being told there is no hope, they might not vote for the Democrats. Sadly, this year, both leading candidates, Trump and Clinton, are Democrats but one is running as a Republican.
 
What the HELL are you talking about???

Calling blacks slaves today is:

1. Offensively ignorant of the circumstances of slavery.
2. Inherently claiming black slavery is the fault of blacks.
3. Presumes the majority of a group could be fooled, brainwashed or paid off to vote against their own interest.

So, stop it. Just stop it.


These inner-city ghettos are plantations just as surely as if we were in the early 1800s...with the inhabitants crying out Yes Massa!! every election cycle.
 
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