Barack Obama, our next President

Barack Obama, our next President

There are 1251813 comments on the Hampton Roads Daily Press story from Nov 5, 2008, titled Barack Obama, our next President. In it, Hampton Roads Daily Press reports that:

"The road ahead will be long. Our climb will be steep," Obama cautioned. Young and charismatic but with little experience on the national level, Obama smashed through racial barriers and easily defeated ...

Join the discussion below, or Read more at Hampton Roads Daily Press.

sonicfilter

Indianapolis, IN

#813797 Nov 29, 2012
John Galt wrote:
<quoted text>
So, the courts voted in favor of requiring banks to issue bad loans.
Bad home loans are of two kinds. The first is where the borrower lacks the financial resources to repay the loan. The second is where the property is worth less than the loan and/or is likely to decline in value, such as in depressed neighborhoods.
Once again, politics trumps sanity.
like when Bush said we need to get those with bad credit histories into a home?

Since: Aug 11

Location hidden

#813798 Nov 29, 2012
John Galt wrote:
<quoted text>
Most people do not have a choice. Defined benefit pension plans are largely history outside of government. And virtually all government pension plans are hugely underfunded.
you got that Right, and California is a good example of having Underfunded Government Pensions.
Realtime

Deltona, FL

#813802 Nov 29, 2012
dem wrote:
<quoted text>
i find myself entering this thread swinging wildly, like attacking zombies, and occasionally hit some friendly fire till i hit my groove.
At one time it was difficult for a serious poster such as yourself to get a proper segue on this thread__not so these days where one can just make up some crazy sht and have one of the usual trolls replying within seconds.
John Galt

Temecula, CA

#813804 Nov 29, 2012
sonicfilter wrote:
Picture of the Day
Great moments in body language.
http://livewire.talkingpointsmemo.com/entry/o...
Obama is all cool, while Mitt looks like he's got a stick up his ass.
Cool and incompetent.

Since: Dec 08

Location hidden

#813805 Nov 29, 2012
RealDave wrote:
<quoted text>
You are a liar.
Over 80% of capital gains are from those with over $200k in taxable income.
Less than 13% of all tax returns show any capital gains income.
http://www.factcheck.org/2008/04/impact-of-ca...
your source is nearly 7 years old...

If idiots like you would learn to use the STOCK market versus bitchin about the ones that do...wait...thats a dream...

HERES dave....

"Our Ridiculous Approach to Retirement"

"Seventy-five percent of Americans nearing retirement age in 2010 had less than $30,000 in their retirement accounts."

"Almost half of middle-class workers, 49 percent, will be poor or near poor in retirement, living on a food budget of about $5 a day"

http://www.nytimes.com/2012/07/22/opinion/sun...

You are such a dipschit...I want you to tell me why tens of millions of people can't figure out how to invest and retire with more than 30K?

Are they dumb, is it discrimination, or just bad luck?

Since: May 11

Loysville, PA

#813806 Nov 29, 2012
John Galt wrote:
<quoted text>
So, the courts voted in favor of requiring banks to issue bad loans.
Bad home loans are of two kinds. The first is where the borrower lacks the financial resources to repay the loan. The second is where the property is worth less than the loan and/or is likely to decline in value, such as in depressed neighborhoods.
Once again, politics trumps sanity.
I get it. You are saying:

A white family is a good loan

A black family with similar financials is a bad loan.

Now, read this very slowly because evidently you don't get it.

The banks loaned money to white families and not black families even though their financials were equal.
Mitt Wrongney

United States

#813807 Nov 29, 2012
Keep America DEMOCRATIC, the way is suppossed to be.
John Galt

Temecula, CA

#813808 Nov 29, 2012
Anonymous of Indy wrote:
<quoted text>you got that Right, and California is a good example of having Underfunded Government Pensions.
California assumes that its invested pension funds will produce a return of 7%-8% every year, because otherwise the state would be unable to fund the plans. Eventually the state will either default or lay off current employees to pay pensions.

Meanwhile, just party on.
John Galt

Temecula, CA

#813809 Nov 29, 2012
Realtime wrote:
<quoted text>At one time it was difficult for a serious poster such as yourself to get a proper segue on this thread__not so these days where one can just make up some crazy sht and have one of the usual trolls replying within seconds.
"Serious" only in terms of endless obscenities.

“Constitutionalis t”

Since: Dec 10

Spring, TX

#813810 Nov 29, 2012
sonicfilter wrote:
<quoted text>
so no new stuff? just the same old batshit crazy that you've foisted upon us for god knows how long?
sigh
In case you haven't been keeping up with current events, the Democrats are proposing to begin seizing private property to fund their redistribution of wealth government. I'm thinking you can't see the obvious flaw.
There is a finite amount of private property. Funding entitlements is infinite. There will be a time when there is no more private property to seize. So, just how will the redistribution program be funded then?
And, this is right out of Das Kapital. You'd know that if you could even define the word "Marxism".
Only someone who is so ignorant they can't even define "Marxism" isn't convinced the Democrats are Marxist communists.

Since: Dec 08

Location hidden

#813811 Nov 29, 2012
....mammie....

"Gallup Daily: Obama Job Approval..."

49...

slipping

http://www.gallup.com/poll/113980/Gallup-Dail...
John Galt

Temecula, CA

#813812 Nov 29, 2012
RealDave wrote:
<quoted text>
I get it. You are saying:
A white family is a good loan
A black family with similar financials is a bad loan.
Now, read this very slowly because evidently you don't get it.
The banks loaned money to white families and not black families even though their financials were equal.
Under redlining, banks did not make loans in certain areas regardless of the race or income of the applicant.

In East Bumfuck, where you live, race is not an issue in home loans.

But banks may be reluctant to loan when the backyard is an auto junkyard.
Realtime

Deltona, FL

#813813 Nov 29, 2012
sonicfilter wrote:
Picture of the Day
Great moments in body language.
http://livewire.talkingpointsmemo.com/entry/o...
Obama is all cool, while Mitt looks like he's got a stick up his ass.
Maybe Mitt will have that photo framed and hung in a prominent place in the La Jolla digs.

Maybe not.
John Galt

Temecula, CA

#813814 Nov 29, 2012
The first step will be to eliminate the tax deferment for 401(k) plans, which will kill the program.

Then the government will pass a forced savings plan, where they control the money.
Realtime

Deltona, FL

#813815 Nov 29, 2012
John Galt wrote:
<quoted text>
"Serious" only in terms of endless obscenities.
LOL, I rest my case Dem.
sonicfilter

Indianapolis, IN

#813816 Nov 29, 2012
DBWriter wrote:
<quoted text>
In case you haven't been keeping up with current events, the Democrats are proposing to begin seizing private property to fund their redistribution of wealth government. I'm thinking you can't see the obvious flaw.
There is a finite amount of private property. Funding entitlements is infinite. There will be a time when there is no more private property to seize. So, just how will the redistribution program be funded then?
And, this is right out of Das Kapital. You'd know that if you could even define the word "Marxism".
Only someone who is so ignorant they can't even define "Marxism" isn't convinced the Democrats are Marxist communists.
i'd ask you to cite that crap but if you could you would have already.
sonicfilter

Indianapolis, IN

#813817 Nov 29, 2012
Based on the Canner and Bhutta study, former Federal Reserve Governor Randall Kroszner concluded, "we believe that the available evidence runs counter to the contention that the CRA contributed in any substantive way to the current mortgage crisis." In reaching this conclusion, Kroszner and the Federal Reserve Board joined other bank regulators in affirming that CRA did not cause the mortgage-market meltdown. Federal Deposit Insurance Corporation Chair Sheila Bair has stated, "I want to give you my verdict on CRA: Not guilty." Comptroller of the Currency John Dugan agrees: "CRA is not the culprit behind the sub-prime mortgage lending abuses, or the broader credit quality issues in the marketplace. Indeed, the lenders most prominently associated with sub-prime mortgage lending abuses and high rates of foreclosure are lenders not subject to CRA." All of these regulators were appointed by President George W. Bush.

http://prospect.org/article/dont-blame-commun...

and there ya go.
sonicfilter

Indianapolis, IN

#813818 Nov 29, 2012
John Galt wrote:
The first step will be to eliminate the tax deferment for 401(k) plans, which will kill the program.
Then the government will pass a forced savings plan, where they control the money.
guessing.

chill birther boy.
sonicfilter

Indianapolis, IN

#813819 Nov 29, 2012
Realtime wrote:
<quoted text>Maybe Mitt will have that photo framed and hung in a prominent place in the La Jolla digs.
Maybe not.
the guest bathroom(s).
John Galt

Temecula, CA

#813820 Nov 29, 2012
sonicfilter wrote:
Based on the Canner and Bhutta study, former Federal Reserve Governor Randall Kroszner concluded, "we believe that the available evidence runs counter to the contention that the CRA contributed in any substantive way to the current mortgage crisis." In reaching this conclusion, Kroszner and the Federal Reserve Board joined other bank regulators in affirming that CRA did not cause the mortgage-market meltdown. Federal Deposit Insurance Corporation Chair Sheila Bair has stated, "I want to give you my verdict on CRA: Not guilty." Comptroller of the Currency John Dugan agrees: "CRA is not the culprit behind the sub-prime mortgage lending abuses, or the broader credit quality issues in the marketplace. Indeed, the lenders most prominently associated with sub-prime mortgage lending abuses and high rates of foreclosure are lenders not subject to CRA." All of these regulators were appointed by President George W. Bush.
http://prospect.org/article/dont-blame-commun...
and there ya go.
Require 20% cash down payment on home purchases and the problem goes away. All loans given with little or no down payment are "sub-prime" because the buyer has nothing to lose in default.

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