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Obama's Approval Rating Drops to Lowest Ever, According to Gallup

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1Perry said:
In 2007 they continued to deny and do nothing about the obvious which they were well aware of years before then.

Video: Democrats insist “nothing wrong” at Fannie Mae, Freddie Mac in 2004 « Hot Air
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Fair enough and I've acknowledged that in the past. For 11 months in 2007 leading up to the Great Recession, Democrats did nothing about the housing bubble. So how come Conservsative won't apply that same blame to Republicans who did nothing in 2003, 2004, 2005, and 2006? Not to mention, by 2007, the damage was done. The housing bubble had already peaked in 2005-2006 and was on its decline towards busting.
 
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pbrauer said:
Why do you post crap like this? Who was in charge of both Houses of Congress and the While House in 2004?
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Whose job was it to do something about it in 2007 which is what was asked to provide? At least Sheik was honest enough to acknowledge it.
 
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AdamT said:
Anyone who isn't par-blind with partisanship knows that jobs were saved. Billions of dollars went to states that used the money to fill budget gaps that otherwise would have been filled by laying off employees.
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Unfortunately the saved jobs were for public sector union jobs. And yes the stimulus went to make their health care accounts whole and to prevent needed layoffs in the public sector. It is a damned shame that taxpayers had to pay for those jobs.
 
Sheik Yerbuti said:
Fair enough and I've acknowledged that in the past. For 11 months in 2007 leading up to the Great Recession, Democrats did nothing about the housing bubble. So how come Conservsative won't apply that same blame to Republicans who did nothing in 2003, 2004, 2005, and 2006? Not to mention, by 2007, the damage was done. The housing bubble had already peaked in 2005-2006 and was on its decline towards busting.
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I think every member of Congress who was around then and still around should be fired. They failed in epic proportions. Be it a (D) or a (R). It wll be one of the leading major chapters in Bush's legacy.

O.K. there were a small handful trying to get something done. I hate to condemn the innocent with the guilty but their numbers are few.
 
Sheik Yerbuti said:
This isn't the 1700's. An armed rebellion wouldn't last very long against our military.
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I respectfully disagree. It is very clear that an insurgency can wear down a military and a nation. Can you not imagine that a great many in the armed forces would choose to leave the military rather than to fight US citizens?
Sheik Yerbuti said:
And if by some miracle, such a rebellion could take over our government, you're talking about a total revolution which renders the Constitution worthless anyway.
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Therefore the people always have the final say. Always.
 
AdamT said:
It's no pipe dream. If you don't think that pumping close to a trillion dollars into the economy created and saved jobs then you are simply ignorant of basic economics.
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Perhaps only one of you is. The money came from somewhere. Over two trillion was taken from the productive to give to the unions. The rest was borrowed or printed. So it is a chimera.
 
Sheik Yerbuti said:
To establish a commission to develop legislation designed to reform tax policy and entitlement benefit programs and ensure a sound fiscal future for the United States, and for other purposes.​


What would that have done to possibly prevent the housing and credit meltdowns?
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Our problems today are far bigger than that. Now what you were asking was what didn't they do that could have helped with the recession today. THe huge deficits, the unfunded liabilities, etc are all weighing heavily on the economy and causing a major drag. It's not just housing/banking.
 
Sheik Yerbuti said:
To establish a commission to develop legislation designed to reform tax policy and entitlement benefit programs and ensure a sound fiscal future for the United States, and for other purposes.​


What would that have done to possibly prevent the housing and credit meltdowns?
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Nothing

To prevent the housing and credit meltdown actions would have had to been taken in 2004 at the latest. A recession would have been the result, but of a far less magnitude then what is occuring now. By 2007 the die was cast and the collapse inevitable. Housing prices reached their max in early 2007 on average, the decline in which was the cause of the currency crisis
 
Conservative said:
How do you know that some of the tax dollars returned to TX didn't come from TX. You seem to know how to count saved jobs so apparently you can prove that TX taxpayer money didn't come back to TX
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I thought he was giving credit where credit is due, to the one term Marxist president Obama's 56 other states, not counting Alaska and Hawaii.
 
Lord Tammerlain said:
Nothing

To prevent the housing and credit meltdown actions would have had to been taken in 2004 at the latest. A recession would have been the result, but of a far less magnitude then what is occuring now. By 2007 the die was cast and the collapse inevitable. Housing prices reached their max in early 2007 on average, the decline in which was the cause of the currency crisis
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The government could have stopped Goldman Sachs from spreading the bad loans they were holding onto a myriad of others.
 
1Perry said:
I think every member of Congress who was around then and still around should be fired. They failed in epic proportions. Be it a (D) or a (R). It wll be one of the leading major chapters in Bush's legacy.

O.K. there were a small handful trying to get something done. I hate to condemn the innocent with the guilty but their numbers are few.
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I still don't see how one can honestly blame Demcorats, who were in control for 11 months before the recession started, when Republicans were in charge for all those years while the damage was acruing. I don't see how anyone can even honestly blame both sides equally. Republicans did nothing for 4 years. I put far more blame on them than I do Democrats. It's kind of like losing a football game 21-0 and then blaming the backup quarterback who stepped in with 11 minutes left in the game because, like the starting quarterback for 49 minutes, he failed to put up any points on the scoreboard.
 
Sheik Yerbuti said:
I still don't see how one can honestly blame Demcorats, who were in control for 11 months before the recession started, when Republicans were in charge for all those years while the damage was acruing.
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Blame them? No, of course not. Blame all of them (or as I note above, nearly all of them), yes we can. (R's and D's)

I don't see how anyone can even honestly blame both sides equally. Republicans did nothing for 4 years. I put far more blame on them than I do Democrats. It's kind of like losing a football game 21-0 and then blaming the backup quarterback who stepped in with 11 minutes left in the game because, like the starting quarterback for 49 minutes, he failed to put up any points on the scoreboard.
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WHat exactly do we have to gain by trying to meter the blame? 30-70? 40-60? 50-50? What does that accomplish? They ALL (or nearly all) ****ed us royally. Both sides. That's the bottom line.

{EDIT} My bad for almost letting you get away with the 4 years statement. This problem started well before then.
 
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Misterveritis said:
Therefore the people always have the final say. Always.
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Again, if a revolution is successful, there is no Constitution to decide matters on.

Only the U.S. Supreme Court can decide on what is and what is not Constitutional.
 
Sheik Yerbuti said:
To establish a commission to develop legislation designed to reform tax policy and entitlement benefit programs and ensure a sound fiscal future for the United States, and for other purposes.​


What would that have done to possibly prevent the housing and credit meltdowns?
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Get the government out of it. The the Justice Department working in concert with ACORN and other community organizing thugs coerced banks into giving loans to people who could not repay them.
 
1Perry said:
Our problems today are far bigger than that. Now what you were asking was what didn't they do that could have helped with the recession today. THe huge deficits, the unfunded liabilities, etc are all weighing heavily on the economy and causing a major drag. It's not just housing/banking.
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I'm talking about what led to the Great Recession which began in December, 2007.
 
Sheik Yerbuti said:
I'm talking about what led to the Great Recession which began in December, 2007.
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It all did. Everything. Good intentions that were bound to turn bad. Lax oversite. Spending money we didn't have. Spending money we did have but wasn't suppose to spend. All of it has lead to where we are.
 
1Perry said:
Blame them? No, of course not. Blame all of them (or as I note above, nearly all of them), yes we can. (R's and D's)



WHat exactly do we have to gain by trying to meter the blame? 30-70? 40-60? 50-50? What does that accomplish? They ALL (or nearly all) ****ed us royally. Both sides. That's the bottom line.

{EDIT} My bad for almost letting you get away with the 4 years statement. This problem started well before then.
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I don't agree. I don't hold the minority party to the same level of accountability as the majority party. Like Uncle Ben told his nephew Peter, "With great power comes great responsibility."
 
Sheik Yerbuti said:
I don't agree. I don't hold the minority party to the same level of accountability as the majority party. Like Uncle Ben told his nephew Peter, "With great power comes great responsibility."
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This problem developed while both held the majorities and the White House.

The idea to give homes to anyone that could sign a name, whether it was theirs or not was not a GOP program. They certainly were afraid to stop it at the risk of being branded a racist but it was hardly their program.

Obama was one of the largest backers of ACORN back in the day. Just because you were not elected to Congress does not absolve you of any of the blame either.
 
1Perry said:
This problem developed while both held the majorities and the White House.

The idea to give homes to anyone that could sign a name, whether it was theirs or not was not a GOP program. They certainly were afraid to stop it at the risk of being branded a racist but it was hardly their program.

Obama was one of the largest backers of ACORN back in the day. Just because you were not elected to Congress does not absolve you of any of the blame either.
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What if Obama was one of the biggest backers of ACORN? He should be. Do you have any idea what ACORN was? It's amazing how many people have overstated significance and power of ACORN. The ACORN leaders would only dream of having 1/10 the power and influence that people attributed to them. They have to be one of the most benign, yet villified organizations in American history.
 
upsideguy said:
What if Obama was one of the biggest backers of ACORN? He should be. Do you have any idea what ACORN was? It's amazing how many people have overstated significance and power of ACORN. The ACORN leaders would only dream of having 1/10 the power and influence that people attributed to them. They have to be one of the most benign, yet villified organizations in American history.
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So true. Fox News and wingnut radio have conservatives convinced that this group, that is primarily dedicated to community service in low income neighborhoods, is some kind of demonic coven. And unions, of course. Anyone who registers Democratic voters must be destroyed.
 
Misterveritis said:
Get the government out of it. The the Justice Department working in concert with ACORN and other community organizing thugs coerced banks into giving loans to people who could not repay them.
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You have been, and continue to be, one of the least informed persons on the board. You continue to make these unsubstantiated statements that contribute nothing to healthy debate, but only serve to raise the blood pressure of the more informed. Stop being so shallow. This is DEBATE politics, not 3rd grade playground argument.

You have much to learn about the housing crisis... why don't you do some homework before your next post and actually teach us something while making your point. I have no issue with you taking positions contrary to me or others. I do have issue with trite comments from the ill-informed.

Though not a complete view of the issue, it should at least get your started. Mortgage Crisis - What Caused the Mortgage Crisis
 
upsideguy said:
What if Obama was one of the biggest backers of ACORN? He should be. Do you have any idea what ACORN was? It's amazing how many people have overstated significance and power of ACORN. The ACORN leaders would only dream of having 1/10 the power and influence that people attributed to them. They have to be one of the most benign, yet villified organizations in American history.
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Yes, they were one of the groups that pushed to allow people into home loans with unverifiable income. With no S.S. number. It's those like yourself that are going to see that we make the same mistakes one day.
 
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