View Poll Results: Is obama insane, stupid or trying to destroy America?

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  • insane

    5 9.26%
  • stupid

    12 22.22%
  • trying to destroy America

    37 68.52%
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Thread: Is obama insane, stupid or malicious?

  1. #131
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    Re: Is obama insane, stupid or malicious?

    Quote Originally Posted by sawyerloggingon View Post
    .

    "The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit
    what are you worried about...he prints trillions with the stroke of a pen.

    it's all just a shell game....no worries at all....print more.....nazi Germany did the same....Reich Marks....if Hitler had the military might you people have it would be a valid currency today...

  2. #132
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    Re: Is obama insane, stupid or malicious?

    Quote Originally Posted by MoSurveyor View Post
    Because they were getting $1200+ a pop just in origination fees? And that doesn't count what they charged for the assessment fees, the payments to cut points off the APR, and their ties to mortgage insurance companies. LOL! Don't kid yourself - banks are in the business of making money and no one has to twist their arm to do it. If you believe otherwise you should check yourself in.

    Right, and when the gov says lower your standards but don't worry because we will back these loans up the banks are going to say, "OK by us"!

  3. #133
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    Re: Is obama insane, stupid or malicious?

    Quote Originally Posted by sawyerloggingon View Post
    Right, and when the gov says lower your standards but don't worry because we will back these loans up the banks are going to say, "OK by us"!
    Like the government can dictate to the banks! LOL! The government can't force banks to take risks unless Uncle Sam is willing to back them up. Come on, man, you need to take those glasses off!
    Mt. Rushmore: Three surveyors and some other guy.
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  4. #134
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    Re: Is obama insane, stupid or malicious?

    Quote Originally Posted by MoSurveyor View Post
    Like the government can dictate to the banks! LOL! The government can't force banks to take risks unless Uncle Sam is willing to back them up. Come on, man, you need to take those glasses off!
    Come on "man" get your head out of the sand.

    The CRA required banks to serve depositors in all neighborhoods in their areas, including those of low and moderate income. The NBER economists found that lending to borrowers in low and moderate-income census tracts increased around the the time of a bank’s regulatory exam and more of those loans went bad.

    Read more here: Yes, the Community Reinvestment Act encouraged banks to make risky loans | Midwest Voices

  5. #135
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    Re: Is obama insane, stupid or malicious?

    Quote Originally Posted by sawyerloggingon View Post
    Come on "man" get your head out of the sand.

    The CRA required banks to serve depositors in all neighborhoods in their areas, including those of low and moderate income. The NBER economists found that lending to borrowers in low and moderate-income census tracts increased around the the time of a bank’s regulatory exam and more of those loans went bad.

    Read more here: Yes, the Community Reinvestment Act encouraged banks to make risky loans | Midwest Voices
    You and flogger were made for each other. You two should join Conspiracy Theorist's Anonymous.


    If David or Mariner Kemper had written that I would actually pay attention to it.
    But considering your source ...

    http://www.pitch.com/plog/archives/2...ence-the-world

    Did you forget where I lived? LOL!
    Last edited by MoSurveyor; 04-07-13 at 04:44 PM.
    Mt. Rushmore: Three surveyors and some other guy.
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    After you learn quantum mechanics you're never really the same again. -Weinberg

  6. #136
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    Re: Is obama insane, stupid or malicious?

    Quote Originally Posted by MoSurveyor View Post
    You and flogger were made for each other.
    When you are beat in honest debate there is nothing left but to attempt insults but you fail even in that. Comparing me to flogger does not hurt my feelings.

  7. #137
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    Re: Is obama insane, stupid or malicious?

    Quote Originally Posted by sawyerloggingon View Post
    When you are beat in honest debate there is nothing left but to attempt insults but you fail even in that. Comparing me to flogger does not hurt my feelings.
    Then let me repost my edit and you can respond to that, then.

    Quote Originally Posted by MoSurveyor View Post
    If David or Mariner Kemper had written that I would actually pay attention to it.
    But considering your source ...

    E. Thomas McClanahan confused by language, science, the world | Plog

    Did you forget where I lived? LOL!
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    Life goes on within you and without you. -Harrison
    Hear the echoes of the centuries, Power isn't all that money buys. -Peart
    After you learn quantum mechanics you're never really the same again. -Weinberg

  8. #138
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    Re: Is obama insane, stupid or malicious?

    Quote Originally Posted by sawyerloggingon View Post
    From the link in the OP you obviously did not read.

    "The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit". People with weak credit getting qualified for loans is exactly what was done before.
    Weaker credit does not necessarily mean unqualified. Many if not most of the bad subprime loans during the boom had no income checking at all and no money down. That's a far cry from shaving a few points from a credit score requirement.
    You also forget than most subprime loans were not GSE's but were bundled and sold to private investors who were duped into thinking they were safe high return investments. Do you think they are going to be fooled again? We need to get the home market moving inventory so construction workers can get back to work. As long as the Reps. are obstructing investment in infrastructure that is their only hope of a job.

  9. #139
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    Re: Is obama insane, stupid or malicious?

    Quote Originally Posted by VanceMack View Post
    Unless you accept that Barrack Obama is a complete and total mindless ****ing moron that lacks the capacity to do anything more than follow Bush's every word action and deed, then you must accept that Obama's actions are his own. He is not insane. He is not stupid. He is not attempting to destroy the country. He is incompetent. You obviously feel Bush was as well. Fine. But for you and people like you to blame Obamas incompetence on someone else...that is beyond pathetic.
    I find Bush incompetent because of the results of his actions. You seem to ignore results and attack ideas instead. Allowing more responsible borrowing is a good thing. Why shouldn't someone who is current on their mortgage be allowed to refinance at today's low rates simply because their home is underwater value wise? Bankers are greedy SOB's and they need to be pushed to do the right thing or they just won't.

  10. #140
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    Is obama insane, stupid or malicious?

    Quote Originally Posted by iguanaman View Post
    I find Bush incompetent because of the results of his actions. You seem to ignore results and attack ideas instead. Allowing more responsible borrowing is a good thing. Why shouldn't someone who is current on their mortgage be allowed to refinance at today's low rates simply because their home is underwater value wise? Bankers are greedy SOB's and they need to be pushed to do the right thing or they just won't.
    I find you ridiculous in that you rush to ignore the incompetence and failings of the current CiC and instead blame Bush, bankers, Martians, and any and everything but your earthly god. With Obama...it's not his fault...he is just one man. With Bush, it's ALL his fault.

    But more to the point...you can't ignore the face of Obama's incompetence by running around like Donald Sutherland from invasion of the body Snatchers pointing your finger and shrieking "Buuuuuuuuuuuush! Buuuuuuuuuuuuuush!"

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