mikem12 Posted October 13, 2008 Share Posted October 13, 2008 For the left leaning liberals or the socialista to explain. I am still trying to figure it out. http://www.youtube.com/watch?v=_MGT_cSi7Rs...feature=related Quote Link to comment Share on other sites More sharing options...
Chiefs84 Posted October 13, 2008 Share Posted October 13, 2008 Why is no one responding to this post. I guess they don't want to know the real truth, of who is behind all of this mess. Quote Link to comment Share on other sites More sharing options...
Raws41900 Posted October 13, 2008 Share Posted October 13, 2008 it's not that they dont want to hear the truth, it's that the truth hurts.. they can't blame bush and the republicans. Quote Link to comment Share on other sites More sharing options...
Fatso Posted October 13, 2008 Share Posted October 13, 2008 (edited) Fannie and Freddie and the subsequent bailout can be blamed on the apathy of the USA taxpayer.Years ago I heard a commercial shouting out "NO DOWN PAYMENT=NO PROBLEM" "HARD TO VERIFY INCOME=NO PROBLEM" I called the number in the adverstisement to chastise these practices and wrote a letter to the IRS complaining that is was too easy to cheat on taxes.Do you know who will pick up the tab for all this greedy,selfish behavior?The honest people.I saw a Lending Tree ad about a week ago that was advertising NO SSN needed loans.It will happen again.The precedent has been set.Gone are the values of honesty and fairness.Honest people are chumps.The taxpayer will conitinue to have his/her pockets picked until we protest and I mean with muscle not with internet message boards.Recall Michigan State Representative Andy Dillon Edited October 14, 2008 by Fatso Quote Link to comment Share on other sites More sharing options...
CBGB Posted October 14, 2008 Share Posted October 14, 2008 Fannie and Freddie and the subsequent bailout can be blamed on the apathy of the USA taxpayer.Years ago I heard a commercial shouting out "NO DOWN PAYMENT=NO PROBLEM" "HARD TO VERIFY INCOME=NO PROBLEM" I called the number in the adverstisement to chastise these practices and wrote a letter to the IRS complaining that is was too easy to cheat on taxes.Do you know who will pick up the tab for all this greedy,selfish behavior?The honest people.I saw a Lending Tree ad about a week ago that was advertising NO SSN needed loans.It will happen again.The precedent has been set.Gone are the values of honesty and fairness.Honest people are chumps.The taxpayer will conitinue to have his/her pockets picked until we protest and I mean with muscle not with internet message boards.Recall Michigan State Representative Andy Dillon Very well said. I totally agree! Quote Link to comment Share on other sites More sharing options...
mikem12 Posted October 14, 2008 Author Share Posted October 14, 2008 Very well said. I totally agree! While I agree there is an underlying problem. There are many who would protest and raise a great of hell about it. There are more who would complain that we aren't doing enough for those who don't have a clue or are greedy and want something for nothing. It's hard for me to believe that a financial institution would agree to loan pretty much anyone a large amount of money just on a signature. Remember what Clinton said, when they pretty much gutted the requirements for down payments, job verification, and the not require some form of ID to verify who they were lending to. He said every american should have the right to own their own home. He didn't say anything about being able to pay for it. Quote Link to comment Share on other sites More sharing options...
J-150 Posted October 14, 2008 Share Posted October 14, 2008 Fannie and Freddie and the subsequent bailout can be blamed on the apathy of the USA taxpayer. not necessarily. Americans can be complacent at many things. In a representative Democracy, officials are elected to make things happen when we are complacent. In the case of Freddie and Fannie, their situation was flagged long ago. The same Democrats claiming to be solving the problem now are the ones that defeated legislation that would have prevented this from happening. Greenspan said for years there was an issue... and the Confress and Senate did nothing. This isn't about just Bush. This is about ALL of Washington dropping the ball. Quote Link to comment Share on other sites More sharing options...
fmccap Posted October 14, 2008 Share Posted October 14, 2008 not necessarily. Americans can be complacent at many things. In a representative Democracy, officials are elected to make things happen when we are complacent. In the case of Freddie and Fannie, their situation was flagged long ago. The same Democrats claiming to be solving the problem now are the ones that defeated legislation that would have prevented this from happening. Greenspan said for years there was an issue... and the Confress and Senate did nothing. This isn't about just Bush. This is about ALL of Washington dropping the ball. Here are many in the House that voted for it and passed it twice in the house. Read down in the article and they have links to the votes. Problem is that the Senate never took it up for a vote when each side had an opportunity with control. Mark Udall voted against tougher regulation of Fannie Mae and Freddie Mac The roll call votes on the Federal Housing Reform Act show that Udall supported overall passage of the bill twice. In 2005, the bill passed by 331 to 90, with Udall voting yes. He again voted for the bill in 2007, when it passed the House by 313-to-104. Both times, the Senate failed to take up the bill.Summaries of the bill explicitly say it would have created an agency that would have supervised and regulated Fannie Mae and Freddie Mac. You can blame this side or that side but the FACT is both sides had control of the Senate and did nothing. Quote Link to comment Share on other sites More sharing options...
FANTASTICFORD Posted October 14, 2008 Share Posted October 14, 2008 Here are many in the House that voted for it and passed it twice in the house. Read down in the article and they have links to the votes. Problem is that the Senate never took it up for a vote when each side had an opportunity with control.Mark Udall voted against tougher regulation of Fannie Mae and Freddie Mac You can blame this side or that side but the FACT is both sides had control of the Senate and did nothing. I don't think they are looking for the real facts or real truth. A pieced together youtube video look and sound good and I'm sure that's why no one responded... Quote Link to comment Share on other sites More sharing options...
moukanoid Posted October 14, 2008 Share Posted October 14, 2008 Here are many in the House that voted for it and passed it twice in the house. Read down in the article and they have links to the votes. Problem is that the Senate never took it up for a vote when each side had an opportunity with control.Mark Udall voted against tougher regulation of Fannie Mae and Freddie Mac You can blame this side or that side but the FACT is both sides had control of the Senate and did nothing. 95% of all politicians are lawyers on a power trip who could easily make more money in private practice than being a public servant for a pittance wage. It seems Very Clear that the Only reason they get into politics is to get paid even BiggerBucks to be a professional influence peddler to the highest bidder... in other words, they are WH#$ES and would sell out to anyone if the price is right and regardless of whether society is hurt or not. Much cost and harm is deflected to society and the taxpayers by corporations and other powerful interests and the influence peddling politicians only represent themselves and their interests. For instance, a recent gallup poll stated that 74% (probably even higher than that and the elite love to fudge numbers to fit their cause) of Americans are against the war in Iraq but yet the self-serving influence-peddling politicians who are supposed to be represantives of our opinions just do what they (and the people paying them, threatening them, etc) want to do. Both parties are essencially the same in the the most important area and that is those 2 parties are controlled by the same PuppetMasters, and that is exactly the way PM's like it. As long as we think we have a choice, we are content to a point but have you ever wondered why we are always voting for the best of 2 lousy choices and not too excited about either? I believe the capitalistic political system we have in the U.S. is corrupt beyond imagination and the U.S. citizens are the workhorse they exploit for the gain of the politicians, corporations, rich fat cats, and others. Those same politicians that allowed us to into a 12 Trillion Dollar Debt to foriegners will sell us all out to the foriegners who will soon own us lock, stock, and barrel. I read recently in the Investors Business Daily that foriegn govts. and investors will be shying away from our paper and begin buying U.S. Hard Assets such as real estate, toll roads, infrastructure such as bridges and soon we will be renting from and paying the foriegners for us to live in our own country. What scares the the power structure the most is having politicians elected that don't play the same old game that has been played for way too long. At the end of the day if I'm not truly happy for the candidate I voted for and I'm only voting for the least of 2 evils, then the scumbags at the top who had it all figured out, Have Won Again. They love to tell us that voting for a third party is a wasted vote, BUT technically a third party can win with a little over 1/3 of the vote not 50% and that scares the criminals-at-top Big Time. The way I see it, the only way to break the stranglehold on our choices and get out of the rut they keep steering us to is to vote for the Best candidate regardless of whether you think they have a chance or not. As the viability of the 3rd party increases election after election, eventually 34-35% of the votes will be enough to win and we can start booting the crooks out of our govt. and into prison or to the the firing squad. Quote Link to comment Share on other sites More sharing options...
fmccap Posted October 14, 2008 Share Posted October 14, 2008 I read recently in the Investors Business Daily that foriegn govts. and investors will be shying away from our paper and begin buying U.S. Hard Assets such as real estate, toll roads, infrastructure such as bridges and soon we will be renting from and paying the foriegners for us to live in our own country. They are already doing that. Quote Link to comment Share on other sites More sharing options...
J-150 Posted October 14, 2008 Share Posted October 14, 2008 You can blame this side or that side but the FACT is both sides had control of the Senate and did nothing. that's what I'm saying. ALL of Washington dropped the ball. Absolutely NONE of them have any right to call themselves heroes or saviors when both parties allowed this to happen. Quote Link to comment Share on other sites More sharing options...
fmccap Posted October 15, 2008 Share Posted October 15, 2008 that's what I'm saying. ALL of Washington dropped the ball. Absolutely NONE of them have any right to call themselves heroes or saviors when both parties allowed this to happen. . Quote Link to comment Share on other sites More sharing options...
J-150 Posted October 16, 2008 Share Posted October 16, 2008 . we should be so lucky. Quote Link to comment Share on other sites More sharing options...
stephenhawkings Posted October 16, 2008 Share Posted October 16, 2008 isn't this off topic? or is an automobile here some where? nicely editied video makes the republicrroks look good and the dumbocrats look even dumber. i woul dbe interested to see the whole thing not snipets, but its probably eight hours or eight days not 8 minutes Quote Link to comment Share on other sites More sharing options...
fmccap Posted October 16, 2008 Share Posted October 16, 2008 we should be so lucky. Here is an interesting column I read. This seems about the time that the two party system took over strong. Political Monopoly Power It turns out that in 1929 Congress passed a bill fixing the number of representatives at 435. Prior to that, the number of congressional districts was increased every 10 years, from 1790 to 1910, except one, after a population census was taken. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.