Barack Obama, our next President

Barack Obama, our next President

There are 1496570 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: Jul 08

We will not go gentle

#1022114 Nov 11, 2013
dont snow me wrote:
<quoted text>
This isn't American Bandstand, fatboy.
Hey, Harmy, you still listening to Lawrence Welk? I mean, calling people you've never seen "fat" really shouts junior high bully mentality.
Sal Marino

Naples, FL

#1022115 Nov 11, 2013
So interesting how the unions supported him and now they don't. Politics is all self dealing, especially, our communist president and senate
Homer

Bethlehem, PA

#1022116 Nov 11, 2013
Realtime wrote:
<quoted text>Veterans day, national Sundae day__what could be better eh?
Not much happiness here among the the right however__it must suck to suck.
DOW at "another" all time high, gasoline here slipped under $3 today.
Kennedy tonight__PBS
My wife is a vet. Gas still in the 3.20's here. Just keep the Republicans out of the White House and it will continue to climb along with Homer's 401K. My wife wanted to watch it, we may have to check out the Kennedy special.

Kenndey to Bush, man how far did we fall? Rhetorical.
Yeah

Honolulu, HI

#1022117 Nov 11, 2013
USAsince1680 wrote:
<quoted text>
Guess that leaves oppressiveness as the reason she won't retire in her homeland. After all, she married a sheketz. Horrors!!!
Well, it just depends on which side of oppressiveness fetchie is on!
Yeah

Honolulu, HI

#1022118 Nov 11, 2013
No Surprize wrote:
<quoted text>We should recognize that losers can only aspire to become liberals, with or without family, government, welfare, living in a gated Chicago ghetto or clinging to a life in prison...
Wonder how many conservatives are in prison or on death row??
It's the culture...
True. Especially if you don't considered Club Fed incarceration...
Homer

Bethlehem, PA

#1022119 Nov 11, 2013
lily boca raton fl wrote:
<quoted text>
Killing Kennedy? It was on last night.
"Every day on this thread the rightwingers are 'Killing Kennedy' with their ignorance, racism, and unwillingness to think for themselves." - Homer(I) 2016

Since: Jul 08

We will not go gentle

#1022120 Nov 11, 2013
dont snow me wrote:
<quoted text>
Sorry, Squeeler, but here's more:
San José State University
Department of Economics
The Nature and the Origin
...
San Jose State??? Well, that's obviously farther you ever went, but still...why don't you post a link instead of copy/paste/cherrypick.
Yeah

Honolulu, HI

#1022121 Nov 11, 2013
John Galt wrote:
<quoted text>
typical leftwinger who believes that lack of money justifies stealing...
Bernie Madoff believed the opposite....

People like Jeff Skilling used the SEC as the cause to their problems.

“Constitutionalis t”

Since: Dec 10

Spring, TX

#1022122 Nov 11, 2013
Homer wrote:
So Freddie and Fannie loosen the regulations probably spurred on by pressure from the Bush regime, criminals in the guise of mortgage companies take advantage and it's F&F's fault.
Criminal lenders sold those crap mortgages which they knew were crap to criminal banks until the entire ponzy scheme collapsed because the Bush Cabal could no longer prop them up because we spent all our money on the useless war in Iraq and the never-ending war on terror.
But hey lets go after the welfare recipients and people on food stamps.
Let's pretend you haven't seen this before.

Here are the Democrats lying through their teeth negotiating with the Republicans for no effective oversight of their CRA program that collapsed the economy:

http://online.wsj.com/news/articles/SB1222905...

Coincident with the Republicans giving the Democrats what they wanted, the Democrats supported the war in Iraq.
Yeah

Honolulu, HI

#1022123 Nov 11, 2013
dont snow me wrote:
<quoted text>
sorry, squeeler:
by Thomas J. DiLorenzo
The thousands of mortgage defaults and foreclosures in the "subprime" housing market (i.e., mortgage holders with poor credit ratings) is the direct result of thirty years of government policy that has forced banks to make bad loans to un-creditworthy borrowers. The policy in question is the 1977 Community Reinvestment Act (CRA), which compels banks to make loans to low-income borrowers and in what the supporters of the Act call "communities of color" that they might not otherwise make based on purely economic criteria.
The original lobbyists for the CRA were the hardcore leftists who supported the Carter administration and were often rewarded for their support with government grants and programs like the CRA that they benefited from. These included various "neighborhood organizations," as they like to call themselves, such as "ACORN" (Association of Community Organizations for Reform Now). These organizations claim that over $1 trillion in CRA loans have been made, although no one seems to know the magnitude with much certainty. A U.S. Senate Banking Committee staffer told me about ten years ago that at least $100 billion in such loans had been made in the first twenty years of the Act.
So-called "community groups" like ACORN benefit themselves from the CRA through a process that sounds like legalized extortion. The CRA is enforced by four federal government bureaucracies: the Fed, the Comptroller of the Currency, the Office of Thrift Supervision, and the Federal Deposit Insurance Corporation. The law is set up so that any bank merger, branch expansion, or new branch creation can be postponed or prohibited by any of these four bureaucracies if a CRA "protest" is issued by a "community group." This can cost banks great sums of money, and the "community groups" understand this perfectly well. It is their leverage. They use this leverage to get the banks to give them millions of dollars as well as promising to make a certain amount of bad loans in their communities.
You own it, Porky.
lol! The San Jose State hired gun.
Realtime

Cape Canaveral, FL

#1022124 Nov 11, 2013
Homer wrote:
<quoted text>My wife is a vet. Gas still in the 3.20's here. Just keep the Republicans out of the White House and it will continue to climb along with Homer's 401K. My wife wanted to watch it, we may have to check out the Kennedy special.
Kenndey to Bush, man how far did we fall? Rhetorical.
Beautifully said.

“no one told me”

Since: Dec 07

Denver

#1022125 Nov 11, 2013
leosnana wrote:
<quoted text>Hey, Harmy, you still listening to Lawrence Welk? I mean, calling people you've never seen "fat" really shouts junior high bully mentality.
he's not Homer Simpson? Talks just like him, ampleanus.

“no one told me”

Since: Dec 07

Denver

#1022126 Nov 11, 2013
leosnana wrote:
<quoted text>San Jose State??? Well, that's obviously farther you ever went, but still...why don't you post a link instead of copy/paste/cherrypick.
you morons wouldn't read it anyway, the truth is like a cross to a vampire.

But, for the sake of argument, read it and then counter the claims he makes.

http://www.sjsu.edu/faculty/watkins/subprime....

I'll be waiting for your well thought out, factual arguments against it.
Yeah

Honolulu, HI

#1022127 Nov 11, 2013
dont snow me wrote:
<quoted text>
Sorry, Squeeler, but here's more:
San José State University
Department of Economics
The Nature and the Origin
of the Subprime Mortgage Crisis
"There has been a long term American policy of promoting home ownership. This entailed making the financing of home purchases as easy as possible. Various financial institutions were set up over time to make the securing of a mortgage quick and convenient. There once were Savings and Loan Associations that were savings institutions which could only invest in home mortgages. Fannie Mae (the Federal Nation Mortgage Association FNMA) was set up in 1938 to provide a secondary market for home mortgages. This meant that if a bank granted a mortgage to someone and later the bank needed funds the bank could readily sell the mortgage to Fannie Mae. However, in order for lending institutions to have access to the secondary mortgage market of Fannie Mae they had to abide by Fannie Mae's rules.
In the past Fannie Mae prohibited the lenders it was dealing with to engage in the practice of red lining. Red Lining meant that a bank would refuse to finance a home purchase in neighborhoods it consider high risk even if the prospective borrowers were themselves good credit risks. In part, this was because the bank did not want, in the event of default and foreclosure, to become the owner of property in a risky neighborhood. The deeper roots of the problem go back to the Community Reinvestment Act of 1977.
In the 1990's under the administration of Franklin Raines, a Clinton Administration appointee, Fannie Mae began to demand that the lending institutions that it dealt with prove that they were not redlining. This meant that the lending institutions would have to fulfill a quota of minority mortgage lending. This in turn meant that the lending agencies would have to lower their standards in terms of such things as down payments and the required incomes. These subprime borrowers would be charged a higher interest rate. Having put the lending agencies into the position of granting subprime mortgages Fannie Mae then had to accept lower standards in the mortgages it purchased. That set the ball rolling. If a bank granted a mortgage to a borrower that was not likely to successfully pay off the mortgage then all the bank had to do was to sell such mortgages to Fannie Mae. The banks typically earned a loan origination fee when the mortgage was granted. The lending agencies could then make substantial profits dealing in subprime mortgages.
Because Fannie Mae and Freddie Mac made a market for subprime mortgages the lenders did not have to worry about of the soundness of the mortgage contract they wrote. Thus the lenders could write the mortgages as adjustable interest rate mortgages knowing full well that an upturn in the interest rates could easily throw the borrower into insolvency. For example, when the interest rate is 6 percent the mortgage payment for a 30-year $200,000 mortgage is $1199 per month. If the interest rate goes up to 7 percent the mortgage payment would increase by $131 per month, an 11 percent increase. For many of the subprime borrowers living on the edge of insolvency this would be enough to push them over the edge. The guilt for the subprime mortgage financial crisis lies both with the lenders who knowingly put borrowers into booby trapped mortgages and the management of Fannie Mae and Freddie Mac for making a market for such booby trapped mortgages thus giving the lenders the incentive for writing them"
lol! You should be sorry son.

You keep going back to the same well. The smarter 'idiots' in your group know better than to use this hired gun.

Apparently you didn't get the memo!
Yeah

Honolulu, HI

#1022128 Nov 11, 2013
fetch almighty wrote:
<quoted text> liberal retard--you like answering yourself hmmm usasinceillegalstatusisunderin vestigation?
Are you planning on going 'home' anytime soon?

“no one told me”

Since: Dec 07

Denver

#1022129 Nov 11, 2013
Homer wrote:
<quoted text>My wife is a vet. Gas still in the 3.20's here. Just keep the Republicans out of the White House and it will continue to climb along with Homer's 401K. My wife wanted to watch it, we may have to check out the Kennedy special.
Kenndey to Bush, man how far did we fall? Rhetorical.
Yes tubby, we know you're counting on the WS fatcats and big business to make you money. The $85 billion a month is propping you up, hypocrite, deny it.
Yeah

Honolulu, HI

#1022130 Nov 11, 2013
dont snow me wrote:
" The guilt for the subprime mortgage financial crisis lies both with the lenders who knowingly put borrowers into booby trapped mortgages and the management of Fannie Mae and Freddie Mac for making a market for such booby trapped mortgages thus giving the lenders the incentive for writing them."
gee, lemons were forced down the throats of financial institutions and they made lemonade, what a shock. Who could have foreseen that?
This is the policies of liberals, over and over. Just force folly and to hell with the consequences.
lol! So tell me son... when was CRA repealed?

“no one told me”

Since: Dec 07

Denver

#1022131 Nov 11, 2013
Yeah wrote:
<quoted text>lol! The San Jose State hired gun.
attack the messenger, dumbass.
Yeah

Honolulu, HI

#1022132 Nov 11, 2013
fetch almighty wrote:
lol! And here I thought you hated pbs as a government sponsored left wing mouth piece!
Realtime

Cape Canaveral, FL

#1022133 Nov 11, 2013
lily boca raton fl wrote:
Tony Perkins wants the ‘liberty’ to deny birth control:‘That’s why the Pilgrims came here’
http://www.rawstory.com/rs/2013/11/11/tony-pe...
Did Hassebeck blo him after the show too???

That's some real sick sht going on at FOX.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Chicago Discussions

Title Updated Last By Comments
News BARACK OBAMA BIRTH CERTIFICATE: Suit contesting... (Jan '09) 11 min JRB 237,209
IT'S Really really true, nancy pelosi............ 22 min HasALargePenis 10
The Mexicans stay home 29 min More-Truth NoLies 24
{keep A word drop A word} (Oct '11) 2 hr Well Well 10,332
Review: Skydiving In Chicago 3 hr Bjohns 1
News Once slow-moving threat, global warming speeds ... (Dec '08) 6 hr Ashley 63,269
News Off-duty Cook County correctional officer shot ... 6 hr former democrat 1

Chicago Jobs

More from around the web

Personal Finance

Chicago Mortgages