Where do you apply? Going to get me some food stamps, health care, birth control and rental assistance while I am at it. Doe he give away free picks also? Better be careful there as he has picked some losers lately. But the good news is there is no juice.
All I want for Christmas is an Obamaphone
- Thread starter lowell
- Start date
Just read that 78,000 new jobless claims came in the week after the election and many were in 2 swing states. Looks like the idiots in Ohio and Pa were short changed on what freebies they took for their votes.
Lowell - Obama is the PERFECT person to get picks from - as Romney correctly ponited out "Mr. President, you don't pick winners and losers - you just pick losers".
I'd love to get his picks - and fade em all. That is one way to be rich!
:sadwave: WE MAY NEVER RECOVER AFTER 4 MORE YEARS :sadwave:
HOPEFULLY I DO
we all may be in line for foot stamps, cell phones, live off the government while the elite (Obama) sit back and laugh at all of us second class citizens
HOPEFULLY I DO
we all may be in line for foot stamps, cell phones, live off the government while the elite (Obama) sit back and laugh at all of us second class citizens
I love that you neo cons are just stewing in
defeat.
sulking like a bunch of little beechs
come on get on with the work of America
make America proud.
oh I forgot , thats not what you want at all for America
:0074 :0074 :0074
defeat.
sulking like a bunch of little beechs
come on get on with the work of America
make America proud.
oh I forgot , thats not what you want at all for America
:0074 :0074 :0074
wish Romney could have followed you and bought 2.5 points .He would have won the election. Got another one of those great moves for this weekend? Make America proud.
The day prior to the election the neocons, Rasmussen, Faux, Rove, Beck, were predicting a Romney *landslide* of 2%.
Here's Beck, 24 hours later....or is it lowell....they look so much alike.
In Georgia unemployment dropped in Oct
and 36,000 jobs were preduced.
we are on our way fellows :00hour
Look up , the sun is coming out and its a beautiful day to be alive.
lets pay our rightful taxs and bask in the glory of freedom
Four more glorious years !
It just goes to show you how deep the hole Bush dug. Anyway, everything has been stopped for the last two years. Both sides need to get together. And it is stupid for both to say they won't budge. I would love to put them in a room and put it on C-SPAN so we can see what the Hell is going on.
- Apr 15, 2001
- 4,135
- 63
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I am glad the community organizer won again. In 4 years he and the left wing nuts can be blamed for our problems. The Big O can do radio with pimp with a limp or I am sure thy will make room for him on the sofa at the View. That is perfect job for him.
I don't really see how he can be blamed for something that started under Bush. Who do you blame for the 750,000 jobs a month lost in the final months of Bush? Add to that the Republicans not passing anything. I dunno. I don't see it. Now, if he raised taxes on the rich then maybe you could blame him. But as long at the Bush Tax Cuts are in effect and the Republicans stand pat, how can you blame him?
You must be IGNORING RECOVERY SUMMER 2010.
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StevieD, your boys Bragged about the RECOVERY being OVER, when it wasn't, they went back to BLAME BUSH, the FACTS are smacking you in the FACE.
:mj07:
What facts ? And Bush took credit for so many people buying homes. What is your point?
What facts ? And Bush took credit for so many people buying homes. What is your point?
StevieD, don't PLAY STUPID.
TIA
:nono:
StevieD, don't PLAY STUPID.
TIA
:nono:
I don't really see how he can be blamed for something that started under Bush.
IBD: Carter More to Blame for Financial Crisis Than Bush or McCain
By Noel Sheppard | September 20, 2008 | 15:29
33 1Reddit0 13
A A
Much as Bush-hating media members conveniently ignore historical events that led to the invasion of Iraq in March 2003, their current finger-pointing at the White House, John McCain, and all Republican politicians for the collapse of the financial services industry lacks any honest assessment of decades-old legislation that laid the groundwork for today's problems.
In particular, 1977's Community Reinvestment Act which required banks and savings institutions to make loans to the lower-income areas in the communities they served.
Despite how integrally tied the current crisis is to this bill enacted by a Democrat-controlled Congress and signed into law by Jimmy Carter, no major media outlet other than Investor's Business Daily and National Review Online mentioned it during last week's market meltdown.
Going against the grain was a highly-informative editorial by IBD Thursday (emphasis added, h/t NBer Gary Hall, photo courtesy About.com):
To hear today's Democrats, you'd think all this started in the last couple years. But the crisis began much earlier. The Carter-era Community Reinvestment Act forced banks to lend to uncreditworthy borrowers, mostly in minority areas.
Age-old standards of banking prudence got thrown out the window. In their place came harsh new regulations requiring banks not only to lend to uncreditworthy borrowers, but to do so on the basis of race.
These well-intended rules were supercharged in the early 1990s by President Clinton. Despite warnings from GOP members of Congress in 1992, Clinton pushed extensive changes to the rules requiring lenders to make questionable loans. [...]
Failure to comply meant your bank might not be allowed to expand lending, add new branches or merge with other companies. Banks were given a so-called "CRA rating" that graded how diverse their lending portfolio was. [...]
In the name of diversity, banks began making huge numbers of loans that they previously would not have. They opened branches in poor areas to lift their CRA ratings.
Meanwhile, Congress gave Fannie and Freddie the go-ahead to finance it all by buying loans from banks, then repackaging and securitizing them for resale on the open market.
That's how the contagion began.
With those changes, the subprime market took off. From a mere $35 billion in loans in 1994, it soared to $1 trillion by 2008.
Readers are strongly encouraged to review this entire fact-filled piece to not only better understand the roots of today's financial crisis, but also to get a sense as to just how absurd media accusations of this all being Bush and McCain's fault are.
That said, from 1989 through 1995, I managed branches for two savings and loans: Imperial Savings, which got taken over by the Resolution Trust Corporation during the S&L bailout, and; Great Western Bank which eventually was purchased by Washington Mutual.
The pressure to comply with CRA was astounding, especially at Great Western as it was expanding throughout the country. Its ability to acquire other institutions was directly related to its CRA rating.
With this in mind, IBD's views concerning this matter are spot on raising a very important question: if the role of news media is to inform the public, why does a LexisNexis search indicate that as this crisis came to a head last week, its connection to CRA, Jimmy Carter, and Bill Clinton was almost completely ignored?
Would such a revelation make it difficult for Obama-loving press outlets to point fingers at George W. Bush and, more importantly, John McCain?
Yes, that's a rhetorical question.
Read more: http://newsbusters.org/blogs/noel-s...financial-crisis-bush-or-mccain#ixzz2CQWC3G7o
IBD: Carter More to Blame for Financial Crisis Than Bush or McCain
By Noel Sheppard | September 20, 2008 | 15:29
33 1Reddit0 13
A A
Much as Bush-hating media members conveniently ignore historical events that led to the invasion of Iraq in March 2003, their current finger-pointing at the White House, John McCain, and all Republican politicians for the collapse of the financial services industry lacks any honest assessment of decades-old legislation that laid the groundwork for today's problems.
In particular, 1977's Community Reinvestment Act which required banks and savings institutions to make loans to the lower-income areas in the communities they served.
Despite how integrally tied the current crisis is to this bill enacted by a Democrat-controlled Congress and signed into law by Jimmy Carter, no major media outlet other than Investor's Business Daily and National Review Online mentioned it during last week's market meltdown.
Going against the grain was a highly-informative editorial by IBD Thursday (emphasis added, h/t NBer Gary Hall, photo courtesy About.com):
To hear today's Democrats, you'd think all this started in the last couple years. But the crisis began much earlier. The Carter-era Community Reinvestment Act forced banks to lend to uncreditworthy borrowers, mostly in minority areas.
Age-old standards of banking prudence got thrown out the window. In their place came harsh new regulations requiring banks not only to lend to uncreditworthy borrowers, but to do so on the basis of race.
These well-intended rules were supercharged in the early 1990s by President Clinton. Despite warnings from GOP members of Congress in 1992, Clinton pushed extensive changes to the rules requiring lenders to make questionable loans. [...]
Failure to comply meant your bank might not be allowed to expand lending, add new branches or merge with other companies. Banks were given a so-called "CRA rating" that graded how diverse their lending portfolio was. [...]
In the name of diversity, banks began making huge numbers of loans that they previously would not have. They opened branches in poor areas to lift their CRA ratings.
Meanwhile, Congress gave Fannie and Freddie the go-ahead to finance it all by buying loans from banks, then repackaging and securitizing them for resale on the open market.
That's how the contagion began.
With those changes, the subprime market took off. From a mere $35 billion in loans in 1994, it soared to $1 trillion by 2008.
Readers are strongly encouraged to review this entire fact-filled piece to not only better understand the roots of today's financial crisis, but also to get a sense as to just how absurd media accusations of this all being Bush and McCain's fault are.
That said, from 1989 through 1995, I managed branches for two savings and loans: Imperial Savings, which got taken over by the Resolution Trust Corporation during the S&L bailout, and; Great Western Bank which eventually was purchased by Washington Mutual.
The pressure to comply with CRA was astounding, especially at Great Western as it was expanding throughout the country. Its ability to acquire other institutions was directly related to its CRA rating.
With this in mind, IBD's views concerning this matter are spot on raising a very important question: if the role of news media is to inform the public, why does a LexisNexis search indicate that as this crisis came to a head last week, its connection to CRA, Jimmy Carter, and Bill Clinton was almost completely ignored?
Would such a revelation make it difficult for Obama-loving press outlets to point fingers at George W. Bush and, more importantly, John McCain?
Yes, that's a rhetorical question.
Read more: http://newsbusters.org/blogs/noel-s...financial-crisis-bush-or-mccain#ixzz2CQWC3G7o
