Like I said when I green repped you, "The Democrats have given the president everything he has asked for". It is coincidence. I never read your post.
did you watch my video? did you see how he proposes the removal of down payment. He acknowledges that a high down payment was needed at the time. If the down payment was required at the rate that it was at the time, we would not have these kinds of difficulty. how about when he explains that he has pressured Fannie and Freddie to loosen up their lending criteria. how about the part that he suggested to remove the warnings and fine prints in loan applications. these are the direct causes of the current mortgage crisis. It is bush that is talking about increasing the extend of these program to the unmanageable size that it is in now.
Keep it up guys! There's only two weeks left and if the race tightens, your posts on DP P&R could make the difference!!!!
No, I watched a video that you linked to. More importantly, did you watch the video I linked to? Apparently not, or you wouldn't be asking such silly questions.
626. I've got nothing vested in the markets. Anyway, why are you complaining, isn't this what all you guys wanted since the 2000 election was stolen???
all you are saying that Mccain tried to fix part of the system that bush broke earlier and could not get the other republican and democrats to pay attention to him. so the final conclusion is bush broke it. fannie and freddie is just part of it and mccain could not even convince his own party to pay any attention to him. And his hand is too short to reach across the floor. can you imagine if your SS was in the market like bush wanted. I think Obama should bring up. the SS privatization
I wouldn't butcher my point with that level of misrepresentation. I will give you a b+ for effort though. I know facts scare liberals, but I feel compelled at this point to introduce some: http://www.whitehouse.gov/news/releases/2008/09/20080919-15.html And of course, there is more at the link. Contrast that with what the democrats said. Then come back and tell "us" what land of twisted reality means that when democrats say "there is no problem" repeatedly, and when Bush warns of a problem "repeatedly" how Bush is at fault. I know you won't let me down This whole thing boils down to ACORN harrassing lenders to lend to those otherwise not qualified, democrats turning a blind eye to what was going on, corruption in the dem party, Obama's ties to ACORN and the democrat party. We don't need to elect someone who was part OF the problem. Obama was part OF the problem.
I dont think so its a good idea to invade other countries cause itsgona make alot of financial troubles for the world middle class as the whole world economy circles around US economy and when they are at war the whole world is in trouble.. Cheers
Why is it so hard for you to understand. bush is seen in the video that i presented and also WH site clearly talking about removing the down payment from requirements of the mortgage. this is very clear in the beginning of the video. He also talks about influencing freddie and fannie to make it easier to get a loan. He is also seen trying to remove the fine print[fine print was used to let the consumers know about pitfalls of the loan] He is also trying to increase the number of mortgages to people that were not qualified prior to his initiative. this seems to be the exact reason for the failure and the size of it. Now back in 2004 GOP was in control of congress. why couldn't mccain get enough of the GOP to support him to pass the regulation that he wanted. He has actually proved that he can not reach across the floor to pass his idea. on ACORN http://www.youtube.com/watch?v=oJ9wy2MI1NI
What SS? I don't pay into it, and do not believe in it. Never have. I also believe in asset based investment. Real Estate, Art Work, and other appreciable assets. By privatizing SS what Bush was saying was you could invest that money where you wanted, not necessarily in the Stock Market. Who would be fool enough to do that anyway, unless they were in it for the long haul.
I am not going to get into this argument about fannie and freddie with you because i do not want to watch all that crap. I do not like to be subjected to propaganda. my video is evidence. yours is interpretation of evidence along the evidence. I am going to go an easier route. lets say 50 to be on solid ground. that leaves another 650B. I blame GOP for that 100% http://www.cbsnews.com/stories/2008/07/22/politics/politico/thecrypt/main4282236.shtml Any change in your RE portfolio. You think you live in a vacuum. have you checked out the price of your art work?
I understand why. Denial is a hard one to break. CRA, Carter, Clinton, Fannie, Freddie... Of course. Its ever on the rise. The nice thing about appreciable assets like this is, you do not typically take equity lines out on them and then find them worth less than you owe. Well, that does not happen with homes either, unless your an idiot.
For insuring national defense and an end to terrorist attacks on US soil and at US held bases and Embassies across the globe, sure... Thanks!