Barack Obama, our next President

"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 ... Full Story
Yeah

Honolulu, HI

#931731 Jun 25, 2013
Death of Tenzing wrote:
<quoted text>
If its "about the economy" why has the House been wasting time on an abortion bill that has zero chance in the Senate or for POTUS signature?
I know why. They're using my tax dollars to fund their 2014 campaigns.
What are they gonna tell their constituents? Put me back in office because I did nothing?

“fairtax.org”

Since: Dec 08

gauley bridge wv

#931732 Jun 25, 2013
Aunt Bettie Lou wrote:
<quoted text>
The other day, 401k's possibly being in jeopardy was mentioned.
It's going to hit most of us where it really hurts if that happens.
I thought I saw Homer digging a hole in his back yard yesterday!

“Come Home America!”

Since: Nov 11

Claymont, Delaware 19809

#931733 Jun 25, 2013
fetch almighty wrote:
<quoted text>I have laughed at Illinois all my life being to the north of the state. The only time I didn't laugh is the few years I had to spend there. Once you live in Illinois you understand how screwed up it is. Now I am laughing at them again. No more dodging bullets.
"Park Ridge is an affluent Chicago suburb with a population at the 2010 census of 37,480 residents.[1] It is located 15 miles (24 km) northwest of downtown Chicago. It is close to O'Hare International Airport, major expressways, and rail transportation. It is a part of the Chicago metropolitan area, bordering two northwestern neighborhoods of Chicago's Far North Side (Edison Park and Norwood Park)."..."Park Ridge's most recognizable landmark is the Pickwick Theatre, an Art Deco building dating back to 1928. It is a movie theater and a venue for plays and concerts. In 1975, the theater was named to the National Register of Historic Places."... "The uptown area is currently under development. There are new buildings, condominiums and stores located across from the Park Ridge Public Library." http://en.wikipedia.org/wiki/Park_Ridge,_Illi...

“Bill Clinton could have ”

Since: May 10

Prevented this

#931734 Jun 25, 2013
frontporchreactionary wrote:
<quoted text> Park Ridge hasn't been sucked too dry by the rest of Chicago. Park Ridge is one of the most affluent towns in Illinois.
Park Ridge has some of the highest property taxes. Why should that town have to pay for Chicago?
John Galt

Temecula, CA

#931735 Jun 25, 2013
frontporchreactionary wrote:
<quoted text> Congress has that authority. Read your Constitution.
Only by amending the Constitution, which Congress cannot do on its own.
Yeah

Honolulu, HI

#931736 Jun 25, 2013
Whatever wrote:
<quoted text>
From the same article Dupont sited
Bill Clinton
"Among his biggest strokes of free-wheeling capitalism was the Gramm-Leach-Bliley Act, which repealed the Glass-Steagall Act, a cornerstone of Depression-era regulation. He also signed the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation. In 1995 Clinton loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods. It is the subject of heated political and scholarly debate whether any of these moves are to blame for our troubles, but they certainly played a role in creating a permissive lending environment.
Read more: http://www.time.com/time/specials/packages/ar... #ixzz2XEURoWvl
lol! From your article son...

And you should read the rest of the list.

From the start, Bush embraced a governing philosophy of deregulation. That trickled down to federal oversight agencies, which in turn eased off on banks and mortgage brokers. Bush did push early on for tighter controls over Fannie Mae and Freddie Mac, but he failed to move Congress. After the Enron scandal, Bush backed and signed the aggressively regulatory Sarbanes-Oxley Act. But SEC head William Donaldson tried to boost regulation of mutual and hedge funds, he was blocked by Bush's advisers at the White House as well as other powerful Republicans and quit. Plus, let's face it, the meltdown happened on Bush's watch.

“Come Home America!”

Since: Nov 11

Claymont, Delaware 19809

#931737 Jun 25, 2013
John Galt wrote:
<quoted text>
No bank or other business is "too big to fail", so everything else in your post is meaningless.
So, Galt is now saying that Bush43 's Treasury Secretary Henry Paulson was wrong.
John Galt

Temecula, CA

#931738 Jun 25, 2013
frontporchreactionary wrote:
<quoted text> Park Ridge hasn't been sucked too dry by the rest of Chicago. Park Ridge is one of the most affluent towns in Illinois.
Galt understands that regulations such as those passed by Park Ridge and other affluent suburbs are designed to keep out undesirable elements of society. Similar bans on on-street overnight parking allow the police to identify those who do not belong in the neighborhood, if you get the drift.
Yeah

Honolulu, HI

#931739 Jun 25, 2013
Aunt Bettie Lou wrote:
<quoted text>
Actually, no, it didn't. If you had read the entire article, you would have read the cause for the housing market collapse:
"...From homebuyers who put nothing down for a loan, to a White House that bragged about record home ownership, to the Democrats who promoted and protected Fannie Mae and Freddie Mac."
Democrats bragged about home ownership after forcing banks to give loans to "unqualified" buyers in an overpriced housing market by "promoting and protecting Fannie Mae and Freddie Mac".
Bush bragged about home ownership by helping "qualified" buyers with a down payment.
I clearly pointed out Bush made mistakes too.
But the Federal Reserve is also to blame by "pushing the monetary accelerator to the floor...even as the tax cuts were passing and the economy took off, Greenspan cut the fed funds rate to 1% and kept it there for a year."
Wall Street was more than happy to be a part of it.
But you conveniently overlooked the part about "Democrats promoting and protecting Fannie Mae and Freddie Mac". And you conveniently overlooked the part about the "economy taking off after the Bush tax cuts".
So, basically, you are wrong.
You're talking in terms of your opinions son.

I have no doubt you believe them. By definition, that's what opinions are and not facts.

As a teacher, I thought you'd know that. Clearly you don't... or you refuse to believe the real world.
Aunt Bettie Lou

Orlando, FL

#931740 Jun 25, 2013
lily boca raton fl wrote:
<quoted text>
The developing fetus is not a human being until it's born.
Well, you and Obama are two peas in a pod. He even went so far as to deny medical attention to born alive babies because it would risk defining all babies being aborted as human beings.

You must be such a proud pea.
Whatever

Gering, NE

#931741 Jun 25, 2013
sonicfilter wrote:
Supreme Court Guts The Voting Rights Act
The decision frees up those jurisdictions to change their voting laws without supervision. But the federal government still has the power to target a voting law in court, after it is passed, if it is suspected of having a discriminatory effect on a particular racial group.
http://tpmdc.talkingpointsmemo.com/2013/06/su...
now it's just a matter of which southern state gets hit with a federal lawsuit.
It states that the data used for Section 4 is outdated and needs rewritten using current data.

It did not strike down Section 5
Yeah

Honolulu, HI

#931742 Jun 25, 2013
Whatever wrote:
<quoted text>
Yep, you are a Progressive. Off topic and spinning.
I will not stay in a country with a failing economy with little hope of improvement due to extremely high unemployment secondary to allowing an influx of immigrants it cannot support.
Move now son.

Make everyone, including yourself, happy.

“Come Home America!”

Since: Nov 11

Claymont, Delaware 19809

#931743 Jun 25, 2013
John Galt wrote:
<quoted text>
Only by amending the Constitution, which Congress cannot do on its own.
"The Constitution provides that an amendment may be proposed either by the Congress with a two-thirds majority vote in both the House of Representatives and the Senate or by a constitutional convention called for by two-thirds of the State legislatures. None of the 27 amendments to the Constitution have been proposed by constitutional convention. The Congress proposes an amendment in the form of a joint resolution. Since the President does not have a constitutional role in the amendment process, the joint resolution does not go to the White House for signature or approval." http://www.archives.gov/federal-register/cons...
John Galt

Temecula, CA

#931744 Jun 25, 2013
frontporchreactionary wrote:
<quoted text>So, Galt is now saying that Bush43 's Treasury Secretary Henry Paulson was wrong.
yes
Whatever

Gering, NE

#931745 Jun 25, 2013
Yeah wrote:
<quoted text>lol! From your article son...
And you should read the rest of the list.
From the start, Bush embraced a governing philosophy of deregulation. That trickled down to federal oversight agencies, which in turn eased off on banks and mortgage brokers. Bush did push early on for tighter controls over Fannie Mae and Freddie Mac, but he failed to move Congress. After the Enron scandal, Bush backed and signed the aggressively regulatory Sarbanes-Oxley Act. But SEC head William Donaldson tried to boost regulation of mutual and hedge funds, he was blocked by Bush's advisers at the White House as well as other powerful Republicans and quit. Plus, let's face it, the meltdown happened on Bush's watch.
Yes, skippy the LEFT has been posting anti-Bush section of the article without acknowledging Clinton and others listed too.

“Bill Clinton could have ”

Since: May 10

Prevented this

#931746 Jun 25, 2013
frontporchreactionary wrote:
<quoted text>"Park Ridge is an affluent Chicago suburb with a population at the 2010 census of 37,480 residents.[1] It is located 15 miles (24 km) northwest of downtown Chicago. It is close to O'Hare International Airport, major expressways, and rail transportation. It is a part of the Chicago metropolitan area, bordering two northwestern neighborhoods of Chicago's Far North Side (Edison Park and Norwood Park)."..."Park Ridge's most recognizable landmark is the Pickwick Theatre, an Art Deco building dating back to 1928. It is a movie theater and a venue for plays and concerts. In 1975, the theater was named to the National Register of Historic Places."... "The uptown area is currently under development. There are new buildings, condominiums and stores located across from the Park Ridge Public Library." http://en.wikipedia.org/wiki/Park_Ridge,_Illi...
and your point is? Hillary Clinton was born there in one of the most affluent suburbs of Chicago, and yet she is poor? like all democrats? is this what you are trying to say? Your cut and paste forgot to mention that it has no retail base for taxes. So they really soak the working guy. Before O'bama left office in Illinois that pushed a law through that people who don't have a pot to piss in, nor have ever worked in their lives deserve public housing in places like Park Ridge.
Yeah

Honolulu, HI

#931747 Jun 25, 2013
Aunt Bettie Lou wrote:
<quoted text>
A study by the National Bureau of Economic Research found that Democrats revamping the CRA led to riskier lending by banks.
"There is a clear pattern of increased defaults for loans made by these banks in quarters around the (CRA) exam. Moreover, the effects are larger for loans made within CRA tracts" or predominantly low-income and minority areas.
http://www.nber.org/papers/w18609
This isn't a big secret.
It's amazing how your source doesn't contain your quote.
Whatever

Gering, NE

#931748 Jun 25, 2013
Yeah wrote:
<quoted text>lol! From your article son...
And you should read the rest of the list.
From the start, Bush embraced a governing philosophy of deregulation. That trickled down to federal oversight agencies, which in turn eased off on banks and mortgage brokers. Bush did push early on for tighter controls over Fannie Mae and Freddie Mac, but he failed to move Congress. After the Enron scandal, Bush backed and signed the aggressively regulatory Sarbanes-Oxley Act. But SEC head William Donaldson tried to boost regulation of mutual and hedge funds, he was blocked by Bush's advisers at the White House as well as other powerful Republicans and quit. Plus, let's face it, the meltdown happened on Bush's watch.
Now include Clinton and others also listed in the article and you will have a balanced viewpoint.

“Come Home America!”

Since: Nov 11

Claymont, Delaware 19809

#931749 Jun 25, 2013
fetch almighty wrote:
<quoted text>Park Ridge has some of the highest property taxes. Why should that town have to pay for Chicago?
High property taxes in Park Ridge hasn't affected the residents remaining incredibly wealthy by anyone's standards.

“fairtax.org”

Since: Dec 08

gauley bridge wv

#931750 Jun 25, 2013
frontporchreactionary wrote:
<quoted text>So, Galt is now saying that Bush43 's Treasury Secretary Henry Paulson was wrong.
Won't speak for Galt but when asked what I thought I said let them fail. Somebody will buy up the pieces and things will move on. More than likely we would be far ahead of where we are now economically.

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