Barack Obama, our next President

Full story: Hampton Roads Daily Press

"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 ...
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821,941 - 821,960 of 1,084,466 Comments Last updated 3 min ago

Since: Apr 13

Orlando, FL

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#894466
Apr 28, 2013
 

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It’s true that key Democrats opposed the Federal Housing Enterprise Regulatory Reform Act of 2005 which would have established a single independent regulatory body with jurisdiction over Fannie and Freddie – a move that the Government Accountability Office had recommended in a 2004 report. House Banking Committee chairman Rep. Barney Frank of Massachusetts opposed legislation to reorganize oversight in 2000, 2003 and 2004 saying of the 2000 legislation that concern about Fannie and Freddie was "overblown." Senate Banking Committee chairman Chris Dodd (D) called a Bush proposal for an independent agency to regulate the two entities "ill-advised."

However, Republicans had a majority in the Senate and controlled the agenda and, since the bill was never brought up for a vote in the Senate, Democrats never got the chance to vote against it or to mount a filibuster to block it.

http://factcheck.org/2008/10/who-caused-the-e...

See how it easy it is to be objective?

Nevertheless, nowhere is Bush blamed for the housing market crisis.

Except here.
Lincoln

United States

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#894467
Apr 28, 2013
 

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Eman wrote:
<quoted text>
Prove anyone
is a woman
here.
nobama?

Since: Apr 13

Orlando, FL

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#894468
Apr 28, 2013
 

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RealDave wrote:
<quoted text>
Wow, another right whiner blaming Obama for the effects of the Bush recession.
Here's your challenge.

Find any source - not moveon.org , etc.- where Bush is solely blamed for the housing market crisis.

Go.

Since: May 11

Shippensburg, PA

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#894469
Apr 28, 2013
 

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Whatever wrote:
<quoted text>
Why? It still does not support your claim.
OK, I forgot I was talking to a GD idiot.

You claim fewer people are working because the participation rate is down.

So, you must believe that 50% of $1000 is better than 45% of $1200 because the percentage is higher.

When you say fewer people are working, you are looking at the number of people with jobs. Not the percentage rate.

You were caught in a lie & now try to squirm your way out.

Won't work.

Since: Sep 10

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#894470
Apr 28, 2013
 

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TSM wrote:
<quoted text>
Nuculur isn’t it amusing when Obama tells a Joke ‘Silence’ than he has to tell the audience I just told a Joke Ha, Ha, and Ha!!
So even nitwits like you watched it!!

I knew you were a secret Obama admirer. I know you can't admit to it in Texas, home of the idiots like Rick Perry!!

"Come to TX!! We gots no regulations, and we don't care how many citizens die because of it!!"
Diane Sawyer

Pompano Beach, FL

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#894471
Apr 28, 2013
 

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Lily Boca Raton Fl wrote:
<quoted text>
Gunner returns to his past of beating up women on the Ct pd
It has been reported that Boca Lily continues to arouse herself with fantasies of Gunner, giving President Obama competition.
Diane Sawyer

Pompano Beach, FL

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#894472
Apr 28, 2013
 

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Lily Boca Raton Fl wrote:
<quoted text>
He needs a binkie and his Sarah Palin blankly
It has also been reported Boca Lily is interested in including the former VP candidate in a threesome.
Lincoln

United States

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#894473
Apr 28, 2013
 

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Scientists have observed that many autistic people are Tea Party Republicans
.
Research suggest that Republican are, more generally anal, indicative of a neurological syndrome such as a severe chemical imbalance in the brain?

Speculation that Republican have such aberrant and idiosyncratic behavior may be treated with appropriate therapy and drugs?

Journal of Autism in the Tea Party. Vol VII. pt.7
Diane Sawyer

Pompano Beach, FL

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#894474
Apr 28, 2013
 

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RUSH10ME wrote:
<quoted text>No way , there is a 58 inch spread between her ass cheeks , they built the outhouse she lives in around her .
This just in; we stand corrected on Boca Lily's previously reported measurement.

Since: Apr 09

Elmont, Long Island NY

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#894475
Apr 28, 2013
 

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Aunt Bettie Lou wrote:
It’s true that key Democrats opposed the Federal Housing Enterprise Regulatory Reform Act of 2005 which would have established a single independent regulatory body with jurisdiction over Fannie and Freddie – a move that the Government Accountability Office had recommended in a 2004 report. House Banking Committee chairman Rep. Barney Frank of Massachusetts opposed legislation to reorganize oversight in 2000, 2003 and 2004 saying of the 2000 legislation that concern about Fannie and Freddie was "overblown." Senate Banking Committee chairman Chris Dodd (D) called a Bush proposal for an independent agency to regulate the two entities "ill-advised."
However, Republicans had a majority in the Senate and controlled the agenda and, since the bill was never brought up for a vote in the Senate, Democrats never got the chance to vote against it or to mount a filibuster to block it.
http://factcheck.org/2008/10/who-caused-the-e...
See how it easy it is to be objective?
Nevertheless, nowhere is Bush blamed for the housing market crisis.
Except here.
Didn't the GOP have contol of Congress in all those years you listed? So even if the Democrats opposed that legislation, it would have been a moot point....unless the GOP opposed it too, as they all vote in lock step

so what was your point again, except that the recession started during Bush's watch....Just like the single deadliest attack on U.S. soil happened during Bush's watch.....just like the worst foreign policy fiasco, the Iraq war, was started by Bush/Cheney...
Whatever

Scottsbluff, NE

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#894476
Apr 28, 2013
 

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Whatever wrote:
<quoted text>
What you are suggesting was not supported by an investigation by state of Massachusetts when Romney was running for Governor. Their report showed Romney had no hands on with the company after that date and business was conducted by others in organization though he remain as figure head until the new filing by Bain.
The link
http://factcheck.org/2012/07/romneys-bain-yea...

“Often imitated”

Since: Jul 07

never duplicated

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#894477
Apr 28, 2013
 

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RealDave wrote:
<quoted text>
We could have slipped into a deep depression without the stimulus action.
If we followed the TeaParty & other right whiner plans & cut spending to meet revenues, we'd still be in a depression.
The idea that you right whiners will not give Obama credit for improving the economy was predicted my me after he won in 2008.
The idea that the economy would not have improved without obama is loonacy.

Since: May 11

Shippensburg, PA

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#894478
Apr 28, 2013
 

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Aunt Bettie Lou wrote:
<quoted text>
I searched "housing bubble 2003-2007" and Greenspan's name was the only name that was associated with it.
Former U.S. Federal Reserve Board Chairman Alan Greenspan said in the wake of the subprime mortgage and credit crisis in 2007, "I really didn't get it until very late in 2005 and 2006."
http://www.reuters.com/article/2007/09/14/idU...
Now it's your turn to google.
In 1999, Fannie Mae came under pressure from the Clinton administration to expand mortgage loans to low and moderate income borrowers by increasing the ratios of their loan portfolios in distressed inner city areas designated in the Community Reinvestment Act of 1977.
You're just a cwazy libwal.
Clinton only expanded the CRA to the expansion of mortgage institutions when your buddies repealed Glass Steagall that opened the door to the complete mortgage mess.

The CRA had nothing to do with the near financial meltdown.

Nearly everything you listed happened during the Bush Administration. This idea you have that it wasn't Bush;s fault at all is too funny.

The Republicans controlled Congress & Bush was President & each & very department of the federal government was run by a Republican.

How you can sit there & blame Democrasts is beyond stupid.

Since: Apr 13

Orlando, FL

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#894479
Apr 28, 2013
 

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sonicfilter wrote:
<quoted text>
Bush did foresee the danger posed by Fannie Mae and Freddie Mac, the government-sponsored mortgage finance giants. The president spent years pushing a recalcitrant Congress to toughen regulation of the companies, but was unwilling to compromise when his former Treasury secretary wanted to cut a deal. And the regulator Bush chose to oversee them - an old school buddy - pronounced the companies sound even as they headed toward insolvency.
As early as 2006, top advisers to Bush dismissed warnings from people inside and outside the White House that housing prices were inflated and that a foreclosure crisis was looming. And when the economy deteriorated, Bush and his team misdiagnosed the reasons and scope of the downturn. As recently as February, for example, Bush was still calling it a "rough patch."
The result was a series of piecemeal policy prescriptions that lagged behind the escalating crisis.
"There is no question we did not recognize the severity of the problems," said Al Hubbard, Bush's former chief economic adviser, who left the White House in December 2007. "Had we, we would have attacked them."
Looking back, Keith Hennessey, Bush's current chief economic adviser, said he and his colleagues had done the best they could "with the information we had at the time." But Hennessey did say he regretted that the administration had not paid more heed to the dangers of easy lending practices.
And both Paulson and his predecessor, John Snow, say the housing push went too far.
"The Bush administration took a lot of pride that home ownership had reached historic highs," Snow said during an interview. "But what we forgot in the process was that it has to be done in the context of people being able to afford their house. We now realize there was a high cost."
For much of the Bush presidency, the White House was preoccupied by terrorism and war; on the economic front, its pressing concerns were cutting taxes and privatizing Social Security, a government retirement and disability benefits program. The housing market was a bright spot: Ever-rising home values kept the economy humming, as owners drew down on their equity to buy consumer goods and pack their children off to college.
Lawrence Lindsay, Bush's first chief economic adviser, said there was little impetus to raise alarms about the proliferation of easy credit that was helping Bush meet housing goals.
"No one wanted to stop that bubble," Lindsay said. "It would have conflicted with the president's own policies."
http://www.nytimes.com/2008/12/21/business/wo...
That was written in 2008.

In retrospect, in 2013, after putting some time and distance between the crisis and reality, the NY Times posted this article.

http://www.nytimes.com/2013/01/19/business/ec...

“The outcome would have been different only if the Fed and others had reacted back in 2004, 2005, 2006” to curtail subprime mortgage lending, said a senior fellow at the libertarian Cato Institute in an interview on CNBC.

“Often imitated”

Since: Jul 07

never duplicated

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#894480
Apr 28, 2013
 

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Nuculur option wrote:
<quoted text>
that would be 'past', not 'passed'. And you got 'alotment' wrong.
You 'see' through the internet and can tell how much others drink??
Or is this more of your 'talkin' thru your ass'??
I thought so.
Ask him how many beers he drinks daily. Liberals are so stupid.

“Often imitated”

Since: Jul 07

never duplicated

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#894481
Apr 28, 2013
 

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Nuculur option wrote:
<quoted text>
You're the one who said things blow up all the time in CA.
Yet you can't provide any examples.
I like catching you nitwits in lies. It's easy.
I did not say things blow up "all the time" in california. Can't a single one of you loony left wingers ever be honest?

Since: Sep 10

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#894482
Apr 28, 2013
 

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Eman wrote:
<quoted text>
Prove anyone is a woman here.
So you claim you can tell how much people drink, but can't tell who is a woman.

I'll give you a hint, nitwit. Those who represent themselves as women should be taken at their word. DUH

You present yourself as a fool, and it fits you well.

If you throw insults specific to women, it pretty much indicates you view them as women.

After all, you're the one who claims to see through the internet to know what others are doing.

“fairtax.org”

Since: Dec 08

gauley bridge wv

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#894483
Apr 28, 2013
 

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Nuculur option wrote:
<quoted text>
Name one that comes close to what happened in West, TX.
Betcha can't.
TX has no regulations. The planrt in West hadn't been inspected by the State since 2006.
Now they have a crater where a town used to be.
It was a storage facility. Not a plant. How do you inspect a silo full of fertilizer? No fire. No explosion.

Since: Sep 10

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#894484
Apr 28, 2013
 

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Eman wrote:
<quoted text>
The idea that the economy would not have improved without obama is loonacy.
Yet you can provide no evidence to indicate it would have improved with two morons like McLame and Palin!!

If you can't back up what you say, shut up!!

Since: Sep 10

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#894485
Apr 28, 2013
 

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Diane Sawyer wrote:
<quoted text> It has also been reported Boca Lily is interested in including the former VP candidate in a threesome.
Waxturd!! ROFLMAO!!

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