Louisiana Republicans join Romney in denouncing Obama's comments on business success
Republican presidential candidate Mitt Romney isn't the only one trying to spin political advantage from President Barack Obama 's recent comments that successful Americans got some help along the way - often from government.
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#1 Jul 20, 2012
what business sucess, legit, thatis has obammy got. he made millions off the failing fannie mae and fredie mac who were giveing scam mortgages to people who they knew could not pay off. while Bush attempted 17 times to get congress to do something. of Course, some were getting rich off of it and one them was Senator obammy of the ill. mafia.
#2 Jul 21, 2012
I love how we liketo blame the poor for the housing crash. It was not the poor who got the bulk of loans they could not pay back. It was people who already owned a home tryig to flip another house. these are the people who crashed the market. Real Estate agensts working both sides of a sale, then relisting the house right after it sold, so they could make 3 commissions on 1 property and then 3 owners could profit and the poor bastard who bought it for more thne it was worth, with and interest only ARM loan are the ones who couldn't pay the loan and got foreclosed on.
How the hell did Obama make millions off of the houseing crash? That's a stupid comment based on nothing.
It was the rich who crached the housing market, trying to make money on real estate with a 100% return on their investment in 30 days.
Poor people did not crah the market. Most lower middle class folks who got the oppurtunity to buy a house from a special loan, either got screwed by the loan terms, or are still paying for the house.
It ws the million dollar loans on someone's 3rd house that didn't get paid. I know you been told it was the careless poor people who did it but that is horseypoop. I know noone who lost their primary family home. I know plenty people who bought much much more then they could afford with a sketchy loan who lost their house.
Look around it's nit th lower class neighborhoods with everyother house foreclosed on, its the affluent areas with high price houses that failed.
Fannie Mae and Freddie Mac lost their money betting on the rich, not the poor.
#13 Jul 21, 2012
Not stupid at all. look it up. He made millions while they were running a scam on mortgae holders. till they went broke an d cause the housing problem. Yes they ran a scam on poor people , middle class People. they Misinform them about what they able to pay, just exactly like they did me in Norman , Oklahoma, I knew better, and purchased something i could pay for. fannie mae and freddie lost their money running scames, on whoever you wish to say. doesn't matter much what you called them, the people could not pay off the loans, Bush as congress, after the demos took over congress 17 times to do something. they did not and people like bammy had a investment in them and rode it out making money on the scam till it fell. I know very few rich people, and i do know some, that got caught in it. I know a number that i would call mostly middle class and a few in the poor class that lost everything they owned. YOu are not too infomed. Look some of it up. I more than likely have the paper laying on my printer that tells you all about the scam. I looked it up and printed it . do yourself and look it up for yourself.
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