Why isn't Everything Fixed Yet?

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Old Nov 6, 2010 | 12:46 PM
  #16  
Pickup Man's Avatar
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From: Hollywood, CA
Originally Posted by 05BlackFX4
you do realize that recessions/depressions last for quite awhile usually and don't just happen overnight....The economy started to fail under Bush Jr no questions asked...even he admits it. Hence the first bailout package.

You can't sell someone who works at McDonalds a 400K house and expect them to make payments on the mortgage....it was a get rich scheme by banks who didn't even verify employment for some applicants (I know from friends who were former mortgage brokers), yet would charge a higher interest rate so the lender could get more money up front before the loan went under and then would be backed by PMI agencies...and the government.

And yes the budget was balanced under Clinton...but anyone could have been in office during his presidency and still had a surplus. The country was growing exponentially economically due to the .com's and internet business craze.

And I tend to lean more Democratic then Republican. I think a woman has a right to choose what happens with her own body and believe stem cell research is a HUGE opportunity for us as a human race.....theres something to swallow for our republican backing board members
NOPE! It was because of liberal legislation that required lenders to provide a certain percentage of their loans to minorities, so if you give a mortgage to 10 people, 2 of those have to be black, one Mexican and one another minority, and if the black guy, Mexican or other minority don't even have a job or any other reason that you know they can't pay their loan, you legally have to give them a loan because of the percentage that the law requires so you get certain tax breaks that "racist" lenders don't qualify for, so you're not just lending to white people.
Liberal agenda is what caused that, just like Obama is forcing businesses like McDonald's to do his bidding with his stupid health care reform. McDonald's can either lay off the workers that they cannot afford to provide healthcare for, or Obama can waive their participation because they are a minimum wage entry level position and a huge company, BUT, he will only do that if he gets a huge kickback, so he's forcing them to pay him a ton using legislation that SUCKS that most of the country did not want and that he and HIS congress did not have to be a part of or they can fail. Not to mention giving OUR money to companies who are building factories in other countries and then importing them for sale here.
Regardless of when this recession started, it's reasons like that which keep it from ending, and that is without a doubt Obama's fault, no argument can even be made against it.
I do believe in a woman's choice of her own body, there is a point with it, but to a point yeah she should have a choice. I also have no problem with stem cell research.
 
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Old Nov 6, 2010 | 07:11 PM
  #17  
wittom's Avatar
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From: Western Massachusetts
Originally Posted by Bluejay
Yep, you are forced to live in Canada, wishing you could live in the US.
It's weird, isn't it?

You don't see us starting posts about trade deals Stephen Harper is making. We aren't talking about David Johnston, or Romeo Dallaire. We aren't complaining about Paul Massicotte or Francis Fox. We don't even know who Charlie Watt is. Most of us don't know who any of these people are. We aren't commenting about what the Canadian government is doing to protect children from sexual preditors or the introduction of legislation to fight high tech crime. I guess Canadian politics are boring.

Why don't the Canadian libs complain about all the conservatives in their government?
 
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Old Nov 6, 2010 | 08:01 PM
  #18  
Habibi's Avatar
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From: Whitehorse, Yukon
Cmon now, I can comment on American politics...afterall, I can see America from my house.
 
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Old Nov 6, 2010 | 08:31 PM
  #19  
jamzwayne's Avatar
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From: Your moms house
Originally Posted by Habibi
Cmon now, I can comment on American politics...afterall, I can see America from my house.
 
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Old Nov 6, 2010 | 10:12 PM
  #20  
Djacobs28056's Avatar
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Throwing rocks at a hornet's nest are we??

I'll go get some popcorn and wait for the first official message from the "Office of the House of Representatives Elect"
 
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Old Nov 6, 2010 | 10:27 PM
  #21  
kobiashi's Avatar
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From: Somewhere in the EU
Originally Posted by Pickup Man
Regardless of when this recession started, it's reasons like that which keep it from ending, and that is without a doubt Obama's fault, no argument can even be made against it.
Well, that pretty much wraps it all up then.

Move along.

There's nothing to discuss here.
 
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Old Nov 6, 2010 | 11:55 PM
  #22  
MGDfan's Avatar
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Originally Posted by buckdropper
Hab's you stir a mighty fine pot!!!
Yep!





Originally Posted by serotta
Habs, you read my mind!

well, all except the sig
Speaking of sigs...

MGD
 
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Old Nov 7, 2010 | 12:02 AM
  #23  
Habibi's Avatar
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From: Whitehorse, Yukon
Originally Posted by MGDfan
Yep!







Speaking of sigs...

MGD
HAHA, your sig was deleted, LMAO
(MGD got his bum spanked)
 

Last edited by Habibi; Nov 7, 2010 at 03:09 PM.
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Old Nov 7, 2010 | 12:09 AM
  #24  
Labnerd's Avatar
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From: So. Texas
I think it's amazing how folks forget things. The mortgage mess is the Democrats crap from the Clinton days. The Bush bunch attempted to get it together but Barney Frank put the screws to the effort. Regardless, I guess I'm the only one that noticed that when gasoline went to $3.50 a gallon, folks no longer had money to spend and a lot were no longer in their budgets. That is why the mortgage market fell apart. Yeah, a lot of buyers were signing for mortgages that were a tad over their head but traditionally in the US, as time goes by you get raises and make more money. That's what a lot of folks were counting on when the gas prices made that go bye-bye. Now we have a moron is DC that thinks gas should be $5.00 a gallon so we can limit greenhouse gases. Green House gases has never been proven to be anything but a power grab for your money. Just like his wanting a Federal drivers license so they can limit who drives and when and heaven help you if you don't have the need to drive. Yet another "right" that will disappear.

The only way I see this working out is a major conflict in this country. Yeah, another Civil War and this time the USA will not survive in it's present form. Both parties, Democrats and Republicans alike, are guilty of ruining this nation. There's a law for everything and in most cases many laws covering the same thing over and over meaning nobody really has a clue what the laws are anymore including the twits that wrote the laws. The laws concerning schools is ridiculous and now our schools are nurse maids to worthless parents. What happened to being responsible for your own? In my childhood days you better not screw up because the first lickin' you got was from the Principle. And then there was coming home to dad with a note to be signed which means you got yer jeans dusted again and life as you knew it was over. Now you have laws that say you MUST have insurance or you do not have the right to drive a car. Who took that right away? Now the insurance companies have a captive consumer base that they are screwing to the wall.
Then you have laws like under the Clinton Admin. that said a bank MUST loan money to people who don't qualify for it. And then you wonder how we got into this mess. Too many laws, too many hands in the till. Abe Lincoln said it best,

"You cannot help the poor by destroying the rich.
You cannot strengthen the weak by weakening the strong.
You cannot bring about prosperity by discouraging thrift.
You cannot lift the wage earner up by pulling the wage payer down.
You cannot further the brotherhood of man by inciting class hatred.
You cannot build character and courage by taking away men's initiative and independence.
You cannot help men permanently by doing for them, what they could and should do for themselves."
 
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Old Nov 7, 2010 | 12:26 AM
  #25  
MGDfan's Avatar
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Originally Posted by Habibi
Yes you have a computer and your parents have a basement, now run along junior, the adults are talking.



(Habs on the left)



MGD
 
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Old Nov 7, 2010 | 12:30 AM
  #26  
Super FX4's Avatar
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From: Memphis
Originally Posted by K-Mac Attack
Our nation was bankrupted long before Obama became president.

The funny thing is that people weren't worried about these deficits and the debt during the Reagan years which tripled the debt (went from 900 billion in 1980 to 2.8 trillion by 1989). Then under Bush Sr. the debt still was piling up even more. Finally under Clinton, he raised taxes on the wealthy, the economy started to heat up again and we actually had surpluses for the last two years of Clinton.

Bush Jr. took over and added more to the debt than all of the other presidents combined. It more than doubled to over 12 trillion dollars. It took them having to add another decimal point to the debt clock before people woke up and said the balance was getting kind of high.

Now don't get me wrong, Obama has added about 1.5 trillion in 22 months which isn't good but in reality it is on pace to be about the same as his predecessor. I don't see the difference. This isn't a defense of him but rather trying to understand the logic that it was acceptable for Bush to run up the bill but Obama is crucified for it.

Either way, it does need reigned in and we cannot let that keep growing. Otherwise we had better plan on learning Chinese and becoming a big province of China when they send the repo man over!!!
Simple question:

Do you believe that tax increases on the wealthy is what made the economy 'heat up' during the Clinton years?
 
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Old Nov 7, 2010 | 09:22 AM
  #27  
wittom's Avatar
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From: Western Massachusetts
Originally Posted by Habibi
Cmon now, I can comment on American politics...afterall, I can see America from my house.
So, does being able to see (fill in geographic location here) from ones house qualify them to comment on (fill in geographic location here) or not?

Originally Posted by ABC News-World News
CHARLES GIBSON: Let me ask you about specific national security situations. Let's start, because we are near Russia. Let's start with Russia and Georgia. The administration has said, we've got to maintain the territorial integrity of Georgia. Do you believe the United States should try to restore Georgian sovereignty over South Ossetia and Abkhazia?

SARAH PALIN: First off, we're going to continue good relations with Saakashvili there. I was able to speak with him the other day and giving him my commitment, as John McCain's running mate, that we will be committed to Georgia. And we've got to keep an eye on Russia. For Russia to have exerted such pressure in terms of invading a smaller democratic country, unprovoked, is unacceptable. And we have to keep...

GIBSON: You believe unprovoked?

PALIN: I do believe unprovoked. And we have got to keep our eyes on Russia. Under the leadership there.

GIBSON: What insight into Russian actions particularly in the last couple of weeks, does the proximity of this state give you?

PALIN: They're our next door neighbors. And you can actually see Russia from land here in Alaska.

GIBSON: You're in favor of putting Georgia and Ukraine into NATO?

PALIN: Ukraine, definitely, yes. Yes, and Georgia. Putin thinks otherwise. Obviously he thinks otherwise.

GIBSON: And under the NATO treaty, wouldn't we then have to go to war if Russia went into Georgia?

PALIN: Perhaps so. I mean that is the agreement. When you are a NATO ally, is, if another country is attacked, you are going to be expected to be called upon and help.
 
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Old Nov 7, 2010 | 09:49 AM
  #28  
1depd's Avatar
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From: Gulf Coast
Originally Posted by K-Mac Attack
Finally under Clinton, he raised taxes on the wealthy, the economy started to heat up again and we actually had surpluses for the last two years of Clinton.
As was pointed out in another thread, Clinton had the tech bubble, relative peace, and an unwillingness to defend this country to thank for the balanced budgets.

Originally Posted by K-Mac Attack
Bush Jr. took over and added more to the debt than all of the other presidents combined. It more than doubled to over 12 trillion dollars. It took them having to add another decimal point to the debt clock before people woke up and said the balance was getting kind of high.

Now don't get me wrong, Obama has added about 1.5 trillion in 22 months which isn't good but in reality it is on pace to be about the same as his predecessor. I don't see the difference. This isn't a defense of him but rather trying to understand the logic that it was acceptable for Bush to run up the bill but Obama is crucified for it.
Bush was crucified for running up the debts. Many conservatives were getting pissed that he was spending so much on programs that were not needed and we could not afford. In case you failed to notice, the Republicans lost big time when they failed to control their spending. In the end Bush lost support from his own party because of his spending. Why is the noise so loud because of Obama's spending? That is a simple question with a very simple answer. During the campaign he PROMISED that he would cut the budget. He had a super majority in Congress and he FAILED to cut anything. He called McCain's plan of drastic cuts foolish and reckless. He PROMISED to take a scalpel to the federal budget and cut spending in a prudent meaningful manner. He has NOT done that. He stated that the 2010 budget was so high because he had to fulfill Bushes promises and PROMISED that the 2011 budget would be lower. He FAILED to accomplish this. Are you seeing any common thread in why Obama is being hauled over the coals for his spending? In case you missed it he promised he would not be spending a lot of money, but he BROKE that promise over and over again.

Edited to add: Using bottom line dollars is also misleading. The economy grows and shrinks and that effects our ability to repay the debt. If you look at the government debt as a percentage of GDP you will see that yes, Reagan did increase the debt, that is what happens when you start funding programs that are on the books (the military was extremely underfunded during the Carter and Ford years). The debt started flattening out until 1989 when Hussein attacked Kuwait and the Persian Gulf war started. It remained relatively constant from Bush I to the end of Jr's second term when it jumped. Since Obama has taken office the debt has exploded, reaching levels not seen since WWII. For someone who is researching his Ph.D dissertation, you don't seem to have a very good grasp of the economic health or history of this country.
 

Last edited by 1depd; Nov 7, 2010 at 10:36 AM.
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Old Nov 7, 2010 | 11:26 AM
  #29  
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From: Graham TX
Originally Posted by K-Mac Attack
The Democrats took over both houses of Congress in 2007 (2006 election) with huge gains based on an already faltering economy and disillusionment from the Bush wars.
http://en.wikipedia.org/wiki/Closing...strial_Average

Yep economy was in shambles I mean the DOW went from oct,3,2006 closing 11,727.34 to its all time high on october 9th 2007 14,164.53 the Dems like to claim the economy was terrible before they had any power but the fact is it only became terrible after they started changing things. You seem to forget that we had the largest gains and the highest numbers in the history of the market during the Bush years with a republican congress.

When the republicans took over in 1994 the Dow was at 3,803.88 When they lost power in 2007 it was at 14,000. I would say that is some pretty good growth. The dems took over in 2007 we went from 14,000 closing to march 2 2009 6,763.29.
 

Last edited by birddog_61; Nov 7, 2010 at 11:33 AM.
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Old Nov 7, 2010 | 11:56 AM
  #30  
Pickup Man's Avatar
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From: Hollywood, CA
Originally Posted by Labnerd
I think it's amazing how folks forget things. The mortgage mess is the Democrats crap from the Clinton days. The Bush bunch attempted to get it together but Barney Frank put the screws to the effort. Regardless, I guess I'm the only one that noticed that when gasoline went to $3.50 a gallon, folks no longer had money to spend and a lot were no longer in their budgets. That is why the mortgage market fell apart. Yeah, a lot of buyers were signing for mortgages that were a tad over their head but traditionally in the US, as time goes by you get raises and make more money. That's what a lot of folks were counting on when the gas prices made that go bye-bye. Now we have a moron is DC that thinks gas should be $5.00 a gallon so we can limit greenhouse gases. Green House gases has never been proven to be anything but a power grab for your money. Just like his wanting a Federal drivers license so they can limit who drives and when and heaven help you if you don't have the need to drive. Yet another "right" that will disappear.

The only way I see this working out is a major conflict in this country. Yeah, another Civil War and this time the USA will not survive in it's present form. Both parties, Democrats and Republicans alike, are guilty of ruining this nation. There's a law for everything and in most cases many laws covering the same thing over and over meaning nobody really has a clue what the laws are anymore including the twits that wrote the laws. The laws concerning schools is ridiculous and now our schools are nurse maids to worthless parents. What happened to being responsible for your own? In my childhood days you better not screw up because the first lickin' you got was from the Principle. And then there was coming home to dad with a note to be signed which means you got yer jeans dusted again and life as you knew it was over. Now you have laws that say you MUST have insurance or you do not have the right to drive a car. Who took that right away? Now the insurance companies have a captive consumer base that they are screwing to the wall.
Then you have laws like under the Clinton Admin. that said a bank MUST loan money to people who don't qualify for it. And then you wonder how we got into this mess. Too many laws, too many hands in the till. Abe Lincoln said it best,

"You cannot help the poor by destroying the rich.
You cannot strengthen the weak by weakening the strong.
You cannot bring about prosperity by discouraging thrift.
You cannot lift the wage earner up by pulling the wage payer down.
You cannot further the brotherhood of man by inciting class hatred.
You cannot build character and courage by taking away men's initiative and independence.
You cannot help men permanently by doing for them, what they could and should do for themselves."
Don't forget about NAFTA and other provisions that allow companies like Chrylser and GM to take our tax dollars and build plants in other countries and benefit from it.
 
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