Barack Obama, our next President

There are 20 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.

Since: Jun 13

Orlando, FL

#959565 Aug 4, 2013
LCN Llin wrote:
<quoted text>
Just missed taking back the Senate by 6 or 7 seats.
Republicans needed to win only a handful of Senate seats to take control of the upper chamber.

The Democrats secured 52 seats in the Senate, Republicans 44.

That's 8. Excuse me.
Stoneman

Boise, ID

#959566 Aug 4, 2013
PDUPONT wrote:
<quoted text>
And just whose fault is that lamebrain? How many times has the President proposed legislation that would actually put people back to work only to have it shot down by the Republicans? And just what legislation has the GOP put forth to help the economy? no, they've had 40 useless votes to repeal Obamacare at $1.5 million a pop for a total of 60 million wasted taxpayer dollars. And what do they propose to replace it? Nothing we'd just go back to the good old days where big insurance could pick and choose who they cover, weasel out of actually paying for medical expenses and even dropping subscribers who had the audacity of actually getting sick.
I see you're still pushing your damned fairy tale that Fannie and Freddie were to blame for the collapse of the housing market when it was in fact unregulated mortgage brokers who made those risky loans and bundled them up and sold them as equally unregulated mortgage backed securities.
You're an idiot Carol.
Lord Obama keeps proposing the same thing he threw $800 BILLION in taxpayer money at years ago: more bridges, more roads, and more kickbacks to his buddies and donors in solar and wind power.

An idiot thinks he can get a different result from doing the same thing. We're still at over 7.5% unemployment (going on FIVE YEARS!), the GDP growth is a anemic 2.6% after many quarters in the 1-2% range. But you think we should do what the Lord says: more bridges and roads. What does that make you?

As for Fannie and Freddie, she was right again. Mortgage bankers had a sweet deal going. The federal gubbermint guaranteed mortgages regardless of the quality of the borrower. In fact, Dodd and Frank were buying votes from unreliable and irresponsible people (core Socialist/Democrat voters), so the bankers just took advantage of an opportunity. If you saw a $100 bill on the sidewalk would you pick it up?

As for health care, how about this: you socialists can fund your own gubbermint-run system. You sign up for Obamacare, you get taxed to support it. Those of us that would rather buy our own DON'T get taxed for it. You can't use our private hospitals, we can't use your gubbermint-run hospitals. How about that?

Of course you wouldn't like it. As with every other liberal scheme, it's simply to transfer money from people that earn it (conservatives) to pathetic, lazy losers (liberals). A gubbermint run system would fall apart even faster if there weren't the Evil Rich to tax to support it.

Since: Jun 13

Orlando, FL

#959567 Aug 4, 2013
2001
April: The Administration’s FY02 budget declares that the size of Fannie Mae and Freddie Mac is “a potential problem,” because “financial trouble of a large GSE could cause strong repercussions in financial markets, affecting Federally insured entities and economic activity.”

2002
May: The President calls for the disclosure and corporate governance principles contained in his 10-point plan for corporate responsibility to apply to Fannie Mae and Freddie Mac.(OMB Prompt Letter to OFHEO, 5/29/02)

2003
September: Treasury Secretary John Snow testifies before the House Financial Services Committee to recommend that Congress enact Bush's proposal for “legislation to create a new Federal agency to regulate and supervise the financial activities of our housing-related government sponsored enterprises” and set prudent and appropriate minimum capital adequacy requirements.
October: Fannie Mae discloses $1.2 billion accounting error.

2004
February: The President’s FY05 Budget again highlights the risk posed by the explosive growth of the GSEs and their low levels of required capital and called for creation of a new, world-class regulator:“The Administration has determined that the safety and soundness regulators of the housing GSEs lack sufficient power and stature to meet their responsibilities, and therefore…should be replaced with a new strengthened regulator.”(2005 Budget Analytic Perspectives, pg. 83)

2007
August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac saying “first things first when it comes to those two institutions. Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options.”(President George W. Bush, Press Conference, The White House, 8/9/07).

“Is that all you've got?”

Since: Jun 10

Location hidden

#959568 Aug 4, 2013
shinningelectr0n wrote:
<quoted text>
Didn't Jesus say that the Stupid will always be amongst you?
Did he?:)
Like that was hard to predict! lol

Still, it's past time American voters put an end to these kinds of deals....

http://www.foxnews.com/us/2012/10/10/carlos-s...

...being legal. Those damnedable phones are NOT free, and the money sure as heck isn't coming from Obama's personal bank account either. WE are paying for his payback of a favor from some creepy Mexican billionaire. That's BS! It's the same as if we had been the ones who backed his campaign.
Yeah

Mililani, HI

#959569 Aug 4, 2013
Anonymous of Indy wrote:
<quoted text>You have provided the Pseudo Liberals Democrats version and opinions of flawed CRA and not the Democrats version which I have provided the links that which explained what the legislative changes did to the CRA under the Clinton Adminstration & how those changes created all those bad mortgages loans which the banks knew they were bad mortgages loans to begin with that they were creating and why the banks sold them as soon as they were created because they knew what the Clinton Adminstration was mandating the banks to by making risky mortgage loans to people who the banks knew who could not afford those homes & mortgages and would loose money because of the inference of the Federal Government and Clinton Adminstration's HUD which was overseeing the creation of these bad mortgage loans and knew it was wrong and all you got to do is ask countries in Europe that bought these US Mortgage Backed Securities proved they were bad and Greece was one of them.
From your political source? I don't think you've provided much more than political claims.

You keep telling me how democrats made it bad. And that's where your 'proof' ends.... short of your right wing political sources.

Clinton didn't force banks to make bad loans. Even the enforcement arm says the same thing.

And if you're right, they should still be 'forced' to make bad loans. So I've asked you to 'prove' that bad loans are still being made, or that the law has been rescinded.

Unfortunately, all you've offered is silence and your continued claims.

Sorry. The reality of the situation and the supporting actual facts just don't match to your continued claims. So I'll have to go with what I can see versus your political ideology.
Yeah

Mililani, HI

#959570 Aug 4, 2013
Anonymous of Indy wrote:
<quoted text>we know that isnt true another poster confirmed that, spin & deflect.
lol! No, you only agree with someone who agrees with you.

Instead of facts, you rely on a mutual admiration society to confirm your beliefs. And as long as it remains there, it's not a problem.

Since: Jun 13

Orlando, FL

#959571 Aug 4, 2013
frontporchreactionary wrote:
<quoted text> You don't need to go that far back in history , Republican Ronald Reagan ran on reversing desegregation, affirmative action to correct over a 100 years of racial discrimination of Black Americans that favored White Americans in getting jobs, going to college, and even being elected to public office , and Kennedy/Johnson Civil Rights legislation ' and won.
Reagan did not believe the government should promote reverse discrimination. It encouraged quotas instead of qualifications.

Right or wrong, Reagan believed strongly in states rights instead of giving more power to the federal government.

Voting against a particular bill doesn't mean you hate blacks or are against equal treatment. States rights are a prominent aspect of the Constitution and the powers of the federal government limited under the Constitution and Reagan believed that to his very core.

Asians and other ethnic groups are discriminated against under Affirmative Action - not just whites.

In 1983, President Ronald Reagan issued E.O. 12432 which directed each federal agency with substantial procurement or grant making authority to develop a Minority Business Enterprise (MBE) development plan.
Yeah

Mililani, HI

#959572 Aug 4, 2013
Anonymous of Indy wrote:
<quoted text>we know that isnt true another poster confirmed that, spin & deflect.
From wiki... REGARDLESS OF WHAT YOU CLAIM.....

"Reliable sources
Further information: Wikipedia:Verifiability and Wikipedia:Identifying reliable sources

Any material that is challenged or likely to be challenged must be supported by a reliable source. Material for which no reliable source can be found is considered original research. The only way you can show your edit is not original research is to cite a reliable published source that contains the same material. Even with well-sourced material, if you use it out of context, or to advance a position not directly and explicitly supported by the source, you are engaging in original research; see below.

In general, the most reliable sources are:

peer-reviewed journals
books published by university presses
university-level textbooks
magazines, journals, and books published by respected publishing houses
mainstream newspapers

As a rule of thumb, the more people engaged in checking facts, analyzing legal issues, and scrutinizing the writing, the more reliable the publication. Self-published material, whether on paper or online, is generally not regarded as reliable, but see self-published sources for exceptions.

Information in an article must be verifiable in the references cited. In general, article statements should not rely on unclear or inconsistent passages, or on passing comments. Passages open to multiple interpretations should be precisely cited or avoided. A summary of extensive discussion should reflect the conclusions of the source. Drawing conclusions not evident in the reference is original research regardless of the type of source. It is important that references be cited in context and on topic...."

I've already challenged one of your quotes...

You decided to ignore it....

So much for your valid source.

Since: Jun 13

Orlando, FL

#959573 Aug 4, 2013
Tits Magee wrote:
There's no one left, carol... they're all gone... why do think that is? Do you ever think at all, Barbie?
They all left as soon as you came on. Go back and look.

I was too busy researching to notice.
Yeah

Mililani, HI

#959574 Aug 4, 2013
LoisLane59 wrote:
2001
April: The Administration’s FY02 budget declares that the size of Fannie Mae and Freddie Mac is “a potential problem,” because “financial trouble of a large GSE could cause strong repercussions in financial markets, affecting Federally insured entities and economic activity.”
2002
May: The President calls for the disclosure and corporate governance principles contained in his 10-point plan for corporate responsibility to apply to Fannie Mae and Freddie Mac.(OMB Prompt Letter to OFHEO, 5/29/02)
2003
September: Treasury Secretary John Snow testifies before the House Financial Services Committee to recommend that Congress enact Bush's proposal for “legislation to create a new Federal agency to regulate and supervise the financial activities of our housing-related government sponsored enterprises” and set prudent and appropriate minimum capital adequacy requirements.
October: Fannie Mae discloses $1.2 billion accounting error.
2004
February: The President’s FY05 Budget again highlights the risk posed by the explosive growth of the GSEs and their low levels of required capital and called for creation of a new, world-class regulator:“The Administration has determined that the safety and soundness regulators of the housing GSEs lack sufficient power and stature to meet their responsibilities, and therefore…should be replaced with a new strengthened regulator.”(2005 Budget Analytic Perspectives, pg. 83)
2007
August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac saying “first things first when it comes to those two institutions. Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options.”(President George W. Bush, Press Conference, The White House, 8/9/07).
Did you find another one by bushie boy claiming iraq wasn't his fault either?
Yeah

Mililani, HI

#959575 Aug 4, 2013
LoisLane59 wrote:
<quoted text>
New York Times
2003
The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.
Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.
http://www.nytimes.com/2003/09/11/business/ne...
Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee, had this to say: "These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis. The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing."
Representative Melvin L. Watt, Democrat of North Carolina, agreed. "I don't see much other than a shell game going on here, moving something from one agency to another and in the process weakening the bargaining power of poorer families and their ability to get affordable housing," Mr. Watt said.
...That's just one of many attempts by Bush to stop the impending disaster.
lol!

http://newsroom.bankofamerica.com/press-relea...

"Bank of America Announces Settlement with Fannie Mae to Resolve Agency Mortgage Repurchase Claims on Loans Originated and Sold Directly to Fannie Mae Through December 31, 2008

Agreements Cover Mortgage Loans With $1.4 Trillion of Original Unpaid Principal Balance
Agreements Also Substantially Resolve Outstanding Claims for Compensatory Fees

Company Also Announces Sales of Mortgage Servicing Rights (MSRs) on 2.0 Million Residential Mortgage Loans Totaling Approximately $306 Billion Aggregate Unpaid Principal Balance

Number of 60+ Day Delinquent Loans Declined to 775,000 at December 31, 2012 From 936,000 at September 30, 2012
MSR Sales Expected to Include 232,000 60+ Day Delinquent Loans

Including Agreements and Other Items Announced Today, Bank of America Expects Modestly Positive Fourth-Quarter 2012 Earnings Per Share (EPS)"

Since: Jun 13

Orlando, FL

#959576 Aug 4, 2013
LCN Llin wrote:
<quoted text>
Check Mate - frontporchreactionary !!!
No checkmate.

Senator Lyndon Baines Johnson sent Eisenhower's Civil Rights Act of 1957 to the judiciary committee led by Senator James Eastland from Mississippi to change and alter the bill almost beyond recognition.

Johnson wanted to play both sides. He wanted recognition from civil rights advocates for passing the bill and wanted recognition from mostly southern anti-civil rights Democrats for reducing it so much as to kill it.

Game still on. Your move.

Since: Jun 13

Orlando, FL

#959577 Aug 4, 2013
Yeah wrote:
<quoted text>lol!
http://newsroom.bankofamerica.com/press-relea...
"Bank of America Announces Settlement with Fannie Mae to Resolve Agency Mortgage Repurchase Claims on Loans Originated and Sold Directly to Fannie Mae Through December 31, 2008
Agreements Cover Mortgage Loans With $1.4 Trillion of Original Unpaid Principal Balance
Agreements Also Substantially Resolve Outstanding Claims for Compensatory Fees
Company Also Announces Sales of Mortgage Servicing Rights (MSRs) on 2.0 Million Residential Mortgage Loans Totaling Approximately $306 Billion Aggregate Unpaid Principal Balance
Number of 60+ Day Delinquent Loans Declined to 775,000 at December 31, 2012 From 936,000 at September 30, 2012
MSR Sales Expected to Include 232,000 60+ Day Delinquent Loans
Including Agreements and Other Items Announced Today, Bank of America Expects Modestly Positive Fourth-Quarter 2012 Earnings Per Share (EPS)"
What in the heck does this have to do with anything?

Besides your desperation to post something totally irrelevant?

Since: Jun 13

Orlando, FL

#959578 Aug 4, 2013
At least the nurse wheeled Magee and his tits back to his room. Probably needed sedation.

Night all.
Yeah

Mililani, HI

#959579 Aug 4, 2013
LoisLane59 wrote:
<quoted text>
What in the heck does this have to do with anything?
Besides your desperation to post something totally irrelevant?
Then you obviously don't know what you're talking about son.

“My Life Is A Shell Game”

Since: May 07

Lapeer, MI

#959580 Aug 4, 2013
nanoanomaly wrote:
<quoted text>Did he?:)
Like that was hard to predict! lol
Still, it's past time American voters put an end to these kinds of deals....
http://www.foxnews.com/us/2012/10/10/carlos-s...
...being legal. Those damnedable phones are NOT free, and the money sure as heck isn't coming from Obama's personal bank account either. WE are paying for his payback of a favor from some creepy Mexican billionaire. That's BS! It's the same as if we had been the ones who backed his campaign.
So a wealthy Mexican can fund the elections inside of my country while his family tree sneaks across the border for free healthcare and making anchor babies while they vote in those same elections, too, because Democrats don't want Voter ID Cards.

We are lost.

“My Life Is A Shell Game”

Since: May 07

Lapeer, MI

#959581 Aug 4, 2013
LoisLane59 wrote:
<quoted text>
What in the heck does this have to do with anything?
Besides your desperation to post something totally irrelevant?
Yeah suffers from the same chronic affliction that Tenzing does: Persistently Irrelevant Senseless Sophistry(PISS)

PISS poor postings torment those two guys.
Yeah

Mililani, HI

#959582 Aug 4, 2013
shinningelectr0n wrote:
<quoted text>
So a wealthy Mexican can fund the elections inside of my country while his family tree sneaks across the border for free healthcare and making anchor babies while they vote in those same elections, too, because Democrats don't want Voter ID Cards.
We are lost.
lol! And you can thank your idiotic party for making Citizen's United the law of the land son.
Yeah

Mililani, HI

#959584 Aug 4, 2013
shinningelectr0n wrote:
<quoted text>
Yeah suffers from the same chronic affliction that Tenzing does: Persistently Irrelevant Senseless Sophistry(PISS)
PISS poor postings torment those two guys.
lol! I bet you made that up son!

Like all the stuff you post!

But don't worry. It's not like anyone expected you to post anything factual!

“Is that all you've got?”

Since: Jun 10

Location hidden

#959585 Aug 5, 2013
shinningelectr0n wrote:
<quoted text>
So a wealthy Mexican can fund the elections inside of my country while his family tree sneaks across the border for free healthcare and making anchor babies while they vote in those same elections, too, because Democrats don't want Voter ID Cards.
We are lost.
Toldja. Obama killed the Republican Party. For all intents and purposes, we live in a one Party State now.

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