Diggs

Grand Rapids, MI

#22 Oct 18, 2012
Sassy wrote:
OMG what do you want the silver spoon or good economic news. Cut in interest rate? That has been going on for years. You fail to realize that things are turning around.
<quoted text>
I'm not ready to jump up and and do cartwheels yet if that's what you mean. Look, I realize Obama supporters are looking for something to grasp onto as evidence his polices are working, but an increase in new houses being built just isn't that compelling. Not so glowing figures have been provided for months now that reflect things are not turning around. You have to factor everything in and come up with your own belief I guess.

Since: Feb 08

Location hidden

#23 Oct 18, 2012
Go Blue wrote:
Apartments and condos are a relevant choice, for those that don't want the responsibility of a home, or don't need that large a living space....To spin it into, the possibility that they cannot afford a house, is shortsighted at best....perhaps we should do everything possible, to get people into homes, they can't afford....sound familiar?.....call it what ever you like, but don't electioneer, and call it worse than four years ago.....
Good Day,

I respectfully disagree Blue. There are some interesting points here:

http://www.usnews.com/news/blogs/home-front/2...

Again, the rental housing starts are greater because fewer people can afford a home or hove lost theirs... And how is the government making existing households rentals a good thing? Hmmm...

Steelie

Since: Feb 08

Location hidden

#24 Oct 19, 2012
Go Blue wrote:
Apartments and condos are a relevant choice, for those that don't want the responsibility of a home, or don't need that large a living space....To spin it into, the possibility that they cannot afford a house, is shortsighted at best....perhaps we should do everything possible, to get people into homes, they can't afford....sound familiar?.....call it what ever you like, but don't electioneer, and call it worse than four years ago.....
Good Day,

If I may follow up on this... Apartments are considered a "safer" alternative for many. There is no investment involved for the tenant and therefore no potential loss of equity. IE - those who have been foreclosed upon - hence the rise in rental construction. If you do not have demand for a product, then why produce it? The housing crisis, whether we like it or not, has created higher demand for apartments. Think of it this way - how much down do you need for an apartment (or maybe a duplex for example) vs. the $ needed to secure a loan? Hence, evidence that many more folks do not posses the funding to be able to purchase a home and therefore are faced with renting. Since Obama took office, as mentioned previously, net incomes have fallen nearly 5%.

Now, trying to get people into homes they really can't afford IS a HUGE part of the problem. And we can point directly to Democrat policies that led to the crash going back decades.(In other words, Obama is not the sole culprit.) It all started with Carter and the CRA. Then with Clinton (Reno's DOJ) banks were threatened with onerous fines if they did not process these questionable and toxic loans (leading to the bubble). What of Frank (ret.) and Dodd and their oversight of Fannie Mae and Freddie Mac? Oh... Have either of Obama's policies (HAMP and HARP) worked? Not really.

But it IS worse than four years ago. Home ownership is down, yet apartment rentals are up!(Again, proof...) The census Bureau has reported home ownership rates have dropped since Obama took office.(Again, he is not solely responsible). This is the largest drop in home ownership since the Great Depression.(Currently down to around 66%.) Is that better than 1900 (interms of % owned? Yup. But the decline is telling.

Another likely culprit is (was) these loans being filed as ARMs.
The worth of all sub-prime mortgages became suspect, and the value of derivatives based on bundles of those mortgages became questionable. The financial collapse followed.

Steelie



Since: Feb 08

Location hidden

#25 Oct 19, 2012
Go Blue wrote:
...BTW, Almost forgot, Mitt Romney has been saying that President Obama's tax plan will cost the middle class, an additional $4,000.....Believe that?..... www.factcheck.org ...Here's your chance to find out, without someone having to tell you how to think.....
Good Day,

Blue - with all due respect - I hate to burst your bubble, but are you aware of who " factcheck.org " is sponsored by? The Annenberg Foundation. Are you aware of their connections to Obama and Bill Ayers (yes, THAT Bill Ayers)? That they supplied Bill Ayers with a $49.2 million dollar grant to create the Chicago based Annenberg Challenge (of which Obama was the founding Chairman of the Board)? Just saying...

Steelie
Go Blue

Miami, FL

#26 Oct 19, 2012
Steelie wrote:
<quoted text>
Good Day,
Blue - with all due respect - I hate to burst your bubble, but are you aware of who " factcheck.org " is sponsored by? The Annenberg Foundation. Are you aware of their connections to Obama and Bill Ayers (yes, THAT Bill Ayers)? That they supplied Bill Ayers with a $49.2 million dollar grant to create the Chicago based Annenberg Challenge (of which Obama was the founding Chairman of the Board)? Just saying...
Steelie
Are you aware, they seem to be eagerly, fact checking both candidates?

Since: Sep 07

Location hidden

#27 Oct 19, 2012
Gville Jim wrote:
Obama is looking out for the middle class,......
LOL!!
NOT

Since: Feb 08

Location hidden

#28 Oct 20, 2012
Go Blue wrote:
<quoted text>Are you aware, they seem to be eagerly, fact checking both candidates?
Good Day,

Hey Blue! I am... Most of the time they get it right - but once in while I find an article (or portion) that isn't quite true.(As you know I do a lot of my own research.) Maybe I am being too "nit-picky"?:-)

Steelie
Elephant Gun

Muskegon, MI

#29 Oct 29, 2012
Steelie has a bit of a dementia problem. Seems he forgot to factor in that republicans took over congress in 1995 and with the exception of a 50 -50 tie in the senate in 2001 they held majority in both house and senate until 2007. Also the union busting right to work laws have had a direct effect on lowering median wages. Now thats a big Uh oh for steelie and his republican Do do.

Since: Feb 08

Location hidden

#31 Oct 29, 2012
Elephant Gun wrote:
Steelie has a bit of a dementia problem. Seems he forgot to factor in that republicans took over congress in 1995 and with the exception of a 50 -50 tie in the senate in 2001 they held majority in both house and senate until 2007. Also the union busting right to work laws have had a direct effect on lowering median wages. Now thats a big Uh oh for steelie and his republican Do do.
Good Day,

Really...? One name - Reid.

Steelie

Since: Oct 12

Location hidden

#32 Oct 30, 2012
...I COULD NEVER SUPPORT A REPUBLICAN PARTY, THAT CONSCIOUSLY STALLED OUR ECONOMIC RECOVERY.....All in hopes of winning this election....Don't reward their treachery....
Psssssst

Hudsonville, MI

#33 Oct 30, 2012
Go Blue Forever wrote:
...I COULD NEVER SUPPORT A REPUBLICAN PARTY, THAT CONSCIOUSLY STALLED OUR ECONOMIC RECOVERY.....All in hopes of winning this election....Don't reward their treachery....
When your buddy took office we already had debt, but your buddy made it much worse didn't he. Are you really this stupid?
to be announced

United States

#34 Oct 30, 2012
Go Blue Forever wrote:
...I COULD NEVER SUPPORT A REPUBLICAN PARTY, THAT CONSCIOUSLY STALLED OUR ECONOMIC RECOVERY.....All in hopes of winning this election....Don't reward their treachery....
I agree, what the Democrats did from 2007-2010 , was terrible! Just to get elected, unthinkable..........lol.....

Just look at the debt by president and you will see Bush was doing fine until 2007 and then 2008 it got really bad!........coinsidence hmmmmmmmmmmmmmmmm.
Elephant Gun

Muskegon, MI

#36 Oct 30, 2012
to be announced wrote:
<quoted text>I agree, what the Democrats did from 2007-2010 , was terrible! Just to get elected, unthinkable..........lol.....
Just look at the debt by president and you will see Bush was doing fine until 2007 and then 2008 it got really bad!........coinsidence hmmmmmmmmmmmmmmmm.
Your clueless as well. bush demolished a surplus and ran deficits in his first year and they continued to increase 8 years running.
Elephant Gun

Muskegon, MI

#38 Oct 30, 2012
USA used to have a full time workforce of 70 - 80%. Today in order to enhance already profitable companies the workforce nation wide is now 70 - 80% part time with no benefits. This is the biggest factor in the median income being lower. During the holidays some companies dont increase hours for the part timers they just hire more part timers. I refuse to support business like that operate in that manner.
to be announced

United States

#39 Oct 30, 2012
Elephant Gun wrote:
<quoted text>Your clueless as well. bush demolished a surplus and ran deficits in his first year and they continued to increase 8 years running.
Not true! look it up or continue to sound foolish, your choice.

I am not defending Bush, but Obama is worse or is hipocrisy not in your vocab?

Since: Mar 09

Grandville, MI

#40 Oct 30, 2012
Go Blue Forever wrote:
...I COULD NEVER SUPPORT A REPUBLICAN PARTY, THAT CONSCIOUSLY STALLED OUR ECONOMIC RECOVERY.....All in hopes of winning this election....Don't reward their treachery....
Do you have an example?
What about the 420 bill's tha passed bi-partisanly (both parties) throught the House, that sit in the Senate unread, and NO action on, because Harry Reid has orders from above not to act on them?
You can sit at your keyboard all day long and blsme republicans all you want for your problems, but when you dont back them up with any facts,.. your whining becomes mute.
I've posted many links on here about all of these bills just sitting in the Senate.
Google it!
You can blame the republicans all you want.
Most people who pay attenion to what is really going on, know the truth.
My guess is that most of America, ot my "hope" is, is that people see what is going on in the Senate, and vote those people out.
Dont forget what happened to the House in 2010.
This year the same could happen to the Senate.
People are getting tired of the lame duck, and dont want four more years of him.

Since: Oct 12

Location hidden

#41 Oct 30, 2012
Really? Show those orders? Or, is this anothr of your claims, that can't be proven?

Since: Feb 08

Location hidden

#42 Nov 2, 2012
Elephant Gun wrote:
<quoted text>Your clueless as well. bush demolished a surplus and ran deficits in his first year and they continued to increase 8 years running.
Good Day,

News alert. There was no surplus.

Steelie

Since: Mar 09

Grandville, MI

#43 Nov 2, 2012
Go Blue Forever wrote:
Really? Show those orders? Or, is this anothr of your claims, that can't be proven?
Figure it out for yourself.
Who does Reid answer to?
Who is Reid's boss?
Can you put two and two together?

Since: Feb 08

Location hidden

#44 Nov 2, 2012
Good Day,

Numbers...

FY1997 09/30/1997
Public Debt:$3.789667T
Intra Gov Holdings:$1.623478T
Natioanal Debt:$5.413146T

FY2001 09/28/2001
Public Debt:$3.339310T $66.0B
Intra Gov Holdings:$2.468153T $199.3B
National Debt:$5.807463T $133.3B

Steelie

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