View Poll Results: Who would you rather have as president?

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  • Hillary Clinton

    19 32.20%
  • Elizabeth Warren

    40 67.80%
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Thread: Elizabeth Warren vs. Hillary Clinton[W:336]

  1. #291
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    tres borrachos's Avatar
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    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by dad2three2001 View Post
    I've read the garbage before. It's AEI, CATO, Heritage, etc talking points devoid of TRUTH

    I know, let's trust right wingers who blame Bush crisis on poor people and forget their entire history from 1994-2007 on what was tied to the crisis...
    None of my links were from the AEI, Heritage or CATO. Thanks for confirming you never read them.

  2. #292
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    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by dad2three2001 View Post
    First, I i don't believe YOU are being sincere or honest. Really simple, despite right wing MYTHS that it was Carter, CRA, Clinton, Barney, Dems fault on the Bush subprime crisis, IT WAS A BUSH REGULATOR FAILURE THAT HAPPENED, AS HE WAS THE MAIN CHEERLEADER FOR THE BANKSTERS, GUTTING REGULATORS AFTER BEING WARNED STARTING IN 2004 BY THE FBI!

    Why? He had zero growth without it.

    Next time instead of TRYING the lame excuse of trying to fit Clinton, Barney or the Dems in YOUR false narrative, think twice

    Warren, wants to reign in to big to fail. CONservatives/Libertarians, not so much. Pretty simple really. After the 4th Bankster bailout since the first GOP great depression, they still have 'faith' their ideology will win over history!
    Fine. You think I am insincere and dishonest and you think Warren is wonderful. At least we can agree on what you think. Do have a nice day.
    "I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it." --Benjamin Franklin 1776

  3. #293
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    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by AlbqOwl View Post
    Agreed, but in our highly mobile society and an iffy jobs market requiring many to relocate, that became a serious problem for a huge number of people. For many of those in the middle class, the lure of easy credit and low interest rates was too much to resist and they bought more house than they could comfortably afford after the crash when jobs were scarce, wages stagnant, and inflation kept marching right along. So many in the middle class did get hurt and there were defaults in the middle class too when jobs went away and they simply had nowhere to turn to keep up those mortgage payments. I know three different families, all salt of the earth types who had never defaulted on a debt EVER until the housing crash followed by the crappy economy we have had for the last six years. And all three finally just couldn't make it and lost those homes along with their equity and their stellar credit ratings. It was heart breaking.

    I have simply seen nothing in Warren's theories about financial institution reform that would address those problems in any way.
    We have a lot of friends in our neighborhood who moved here in 2005 and 2006, and their home values plummeted after they moved in. Even with more than 20% down, they are still underwater. But they are not moving and still paying. God help them if they have to move. The problem was no fault of theirs.

    My husband & I had our house built in 1998. When the value more than doubled to what we paid, we were smart and resisted the temptation of using our home as an ATM, which is why we aren't in trouble today. The people who were irresponsible are in trouble. But Warren will never tell them it was their fault (and apparently, the Warren champions who post here don't see it that way either, which explains why they support her). It's always someone else's fault....

  4. #294
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    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by polgara View Post
    Well said! The sad thing is that many were encouraged to do! Proof that many don't think for themselves any more, but rely on others who don't care about them at all! :
    I can't believe anyone with any kind of critical thinking skills thinks that the homeowners who took interest only loans from brokers, or no-doc loans with an interest-only period that changed to a balloon at 18%, aren't responsible for their own failures. Those were the people who hurt the ones who made good decisions before their houses became worth less than a litterbox.

    It's Progressivism at its finest. Whatever happened to personal responsibility?

  5. #295
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    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by AlbqOwl View Post
    Well what it seems to you that my argument is and what my argument actually is are definitely two different things.
    The commenter is referring to your post #192.,Where you posited (your copy and links) that somehow CRA done in the 1990's, where enforcement (and compliance) was weakened in the Bush admin, had ANYTHING to do with the Bankster bubble Bush was cheerleader for in the 2000's

  6. #296
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    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by tres borrachos View Post
    I can't believe anyone with any kind of critical thinking skills thinks that the homeowners who took interest only loans from brokers, or no-doc loans with a no interest period that changed to a balloon at 18%, aren't responsible for their own failures. Those were the people who hurt the ones who made good decisions before their houses became worth less than a litterbox.

    It's Progressivism at its finest. Whatever happened to personal responsibility?
    Yeah, because Bankster should just hand out loans to ANYONE with a pulse *shaking head*

    According to one narrative, people with lousy jobs, low incomes, and poor credit ratings have an uncanny ability to overwhelm the better judgement of banks and mortgage brokers, and dupe them into approving risky mortgages. I must have been sleeping that day in Econ 101 when they explained how that works.

  7. #297
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    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by dad2three2001 View Post
    Yeah, because Bankster should just hand out loans to ANYONE with a pulse *shaking head*

    According to one narrative, people with lousy jobs, low incomes, and poor credit ratings have an uncanny ability to overwhelm the better judgement of banks and mortgage brokers, and dupe them into approving risky mortgages. I must have been sleeping that day in Econ 101 when they explained how that works.
    Nobody forced anyone to take a mortgage. A lender can't file a lien on your home without your approval. Smart people read what they commit to. Contracts are specific for a reason.

  8. #298
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    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by tres borrachos View Post
    We have a lot of friends in our neighborhood who moved here in 2005 and 2006, and their home values plummeted after they moved in. Even with more than 20% down, they are still underwater. But they are not moving and still paying. God help them if they have to move. The problem was no fault of theirs.

    My husband & I had our house built in 1998. When the value more than doubled to what we paid, we were smart and resisted the temptation of using our home as an ATM, which is why we aren't in trouble today. The people who were irresponsible are in trouble. But Warren will never tell them it was their fault (and apparently, the Warren champions who post here don't see it that way either, which explains why they support her). It's always someone else's fault....

    IT CASCADED TO THE ENTIRE US ECONOMY IF YOU HADN'Y NOTICED!

    According to one narrative, people with lousy jobs, low incomes, and poor credit ratings have an uncanny ability to overwhelm the better judgement of banks and mortgage brokers, and dupe them into approving risky mortgages. I must have been sleeping that day in Econ 101 when they explained how that works.


    Subprime loans originated in late 2005 and 2006 are playing a major role in recent defaults and foreclosures.


    The real surge in the mortgage market began in 2001 (the year of the stock market crash). From 2000 -2004, residential originations the U.S. climbed from about $1trillion to almost $4 trillion.

    About 70% of this rise was accounted for by people refinancing their conventional mortgages at lower interest rates

    http://www.tobinproject.org/sites/to...Disaster_0.pdf



    It is clear to anyone who has studied the financial crisis of 2008 that the private sector’s drive for short-term profit was behind it.

    Lest We Forget: Why We Had A Financial Crisis - Forbes

  9. #299
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    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by dad2three2001 View Post
    IT CASCADED TO THE ENTIRE US ECONOMY IF YOU HADN'Y NOTICED!

    According to one narrative, people with lousy jobs, low incomes, and poor credit ratings have an uncanny ability to overwhelm the better judgement of banks and mortgage brokers, and dupe them into approving risky mortgages. I must have been sleeping that day in Econ 101 when they explained how that works.


    Subprime loans originated in late 2005 and 2006 are playing a major role in recent defaults and foreclosures.


    The real surge in the mortgage market began in 2001 (the year of the stock market crash). From 2000 -2004, residential originations the U.S. climbed from about $1trillion to almost $4 trillion.

    About 70% of this rise was accounted for by people refinancing their conventional mortgages at lower interest rates

    http://www.tobinproject.org/sites/to...Disaster_0.pdf



    It is clear to anyone who has studied the financial crisis of 2008 that the private sector’s drive for short-term profit was behind it.

    Lest We Forget: Why We Had A Financial Crisis - Forbes
    That's nice. Thank you for sharing.

  10. #300
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    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by tres borrachos View Post
    Nobody forced anyone to take a mortgage. A lender can't file a lien on your home without your approval. Smart people read what they commit to. Contracts are specific for a reason.
    if anyone is shirking personal accountability it is the banks that gave loans to people who could not afford it.
    "If you can't stand the way this place is, Take yourself to higher places!"
    Break, By Three days grace

    Hilliary Clinton/Tim Kaine 2016

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