To clean up coal, Obama pushes more o...

To clean up coal, Obama pushes more oil production

There are 446 comments on the WTOP-FM Washington story from Dec 22, 2013, titled To clean up coal, Obama pushes more oil production. In it, WTOP-FM Washington reports that:

In this Oct. 22, 2013, photo, one of several warning signs line the secured at Denbury Resources Inc.'s, Tinsley Field facility in Tinsley, Miss.

Join the discussion below, or Read more at WTOP-FM Washington.

“no one told me”

Since: Dec 07

Denver

#127 Dec 24, 2013
LessHypeMoreFact wrote:
<quoted text>
Clintons put forward the Community Reinvestment Act that forced banks to made loan money AVAILABLE in poor regions. He did nothing to force banks to change their lending practices.
BUSH took over FM and FM and then CHANGED the eligeability rules by bureacratic fiat using his control of FM & FM.
<quoted text>
That was what George though and it might have been true before he messed with it.
He even bragged about the 'loosening' of mortgage criteria. You should pay attention to the FACTS not the spin.
"Freddie Mac recently began 25 initiatives around the country to dismantle barriers and create greater opportunities for homeownership. One of the programs is designed to help deserving families who have bad credit histories to qualify for homeownership loans."
President Bush's 2002 Speech at the Conference on Minority Home Ownership
George Washington University"
<quoted text>
The fact is that this was about OVERSIGHT of the financing of FM and FM. And since their were no defaults till then any changes to the level of oversight would have found NOTHING.
Your ignorance of the facts is glaring and appalling, typical of liberal deniers:

http://spectator.org/articles/42211/true-orig...

"From the current handwringing, you’d think that the banks came up with the idea of looser underwriting standards on their own, with regulators just asleep on the job. In fact, it was the regulators who relaxed these standards--at the behest of community groups and "progressive" political forces.… For years, rising house prices hid the default problems since quick refinances were possible. But now that house prices have stopped rising, we can clearly see the damage done by relaxed loan standards"

"The effort to reduce mortgage lending standards was led by the Department of Housing and Urban Development through the 1994 National Homeownership Strategy, published at the request of President Clinton. Among other things, it called for “financing strategies, fueled by the creativity and resources of the private and public sectors, to help homeowners that lack cash to buy a home or to make the payments.” Once the standards were relaxed for low-income borrowers, it would seem impossible to deny these benefits to the prime market. Indeed, bank regulators, who were in charge of enforcing CRA standards, could hardly disapprove of similar loans made to better-qualified borrowers."

Now, stop embarrassing yourself with your willfull ignorance and lies.

“no one told me”

Since: Dec 07

Denver

#128 Dec 24, 2013
In addition:

Gunner wrote:
<quoted text>
At President Clinton’s direction, no fewer than 10 federal agencies issued a chilling ultimatum to banks and mortgage lenders to ease credit for lower-income minorities or face investigations for lending discrimination and suffer the related adverse publicity. They also were threatened with denial of access to the all-important secondary mortgage market and stiff fines, along with other penalties.
The threat was codified in a 20-page “Policy Statement on Discrimination in Lending” and entered into the Federal Register on April 15, 1994, by the Interagency Task Force on Fair Lending. Clinton set up the little-known body to coordinate an unprecedented crackdown on alleged bank redlining.
The edict — completely overlooked by the Financial Crisis Inquiry Commission and the mainstream media — was signed by then-HUD Secretary Henry Cisneros, Attorney General Janet Reno, Comptroller of the Currency Eugene Ludwig and Federal Reserve Chairman Alan Greenspan, along with the heads of six other financial regulatory agencies.

Only misguided and illogical dems in power persist in trying to get something for nothing and half baked schemes to right supposed societal injustices.

“no one told me”

Since: Dec 07

Denver

#130 Dec 24, 2013
Wall Street Government wrote:
<quoted text>
It's the teabagger way.
Never question the pentagon.
Apr 3, 2013
The Pentagon has decided it’s in the national interest to keep buying MI-17 transport helicopters for the Afghan military from a Russian company that’s been scrutinized by Congress over its arms sales to Syria.
The Defense Department “has an urgent, near-term need to purchase an additional 30 new military-use MI-17 helicopters” to equip Afghanistan’s counter-terrorism forces, Deputy Defense Secretary Ashton Carter wrote today to U.S. lawmakers in a letter obtained by Bloomberg News.
Carter outlined steps the Pentagon took to reevaluate purchases from Rosoboronexport, Russia’s state-run arms trader, in the letter sent to lawmakers including Republican Representative Bill Young of Florida, chairman of the House defense appropriations subcommittee, and Democratic Senator Richard Durbin of Illinois, who heads his chamber’s defense appropriations panel.
The Pentagon decided to keep buying from Rosoboronexport after the U.S. Army canvassed other helicopter makers and failed to find an alternative that would meet the Afghan military’s requirements, Carter said. Afghan personnel have flown the MI-17 since the 1980s and are deeply familiar with their operation, Pentagon officials have said previously.
“Careful consideration of all the information available to the department” after the Army evaluation “confirms it would be in the public interest to procure the MI-17s needed” from the Russian firm, Carter wrote.
And George Bush's "nation building" program.
Poor teabagger.
PS, imbecile, Bush is no longer president, Ostupida is and has been for 5 years.
drink The hivE

Secaucus, NJ

#131 Dec 24, 2013
Every Cause Must Have An Effect - This Is An Objective Fact...

http://farm3.static.flickr.com/2733/430343256...

“bar0ckalypse n0w”

Since: Mar 10

Location hidden

#132 Dec 24, 2013
Wall Street Government wrote:
<quoted text>
It's the teabagger way.
Never question the pentagon.
Apr 3, 2013
The Pentagon has decided it’s in the national interest to keep buying MI-17 transport helicopters for the Afghan military from a Russian company that’s been scrutinized by Congress over its arms sales to Syria.
The Defense Department “has an urgent, near-term need to purchase an additional 30 new military-use MI-17 helicopters” to equip Afghanistan’s counter-terrorism forces, Deputy Defense Secretary Ashton Carter wrote today to U.S. lawmakers in a letter obtained by Bloomberg News.
Carter outlined steps the Pentagon took to reevaluate purchases from Rosoboronexport, Russia’s state-run arms trader, in the letter sent to lawmakers including Republican Representative Bill Young of Florida, chairman of the House defense appropriations subcommittee, and Democratic Senator Richard Durbin of Illinois, who heads his chamber’s defense appropriations panel.
The Pentagon decided to keep buying from Rosoboronexport after the U.S. Army canvassed other helicopter makers and failed to find an alternative that would meet the Afghan military’s requirements, Carter said. Afghan personnel have flown the MI-17 since the 1980s and are deeply familiar with their operation, Pentagon officials have said previously.
“Careful consideration of all the information available to the department” after the Army evaluation “confirms it would be in the public interest to procure the MI-17s needed” from the Russian firm, Carter wrote.
And George Bush's "nation building" program.
Poor teabagger.
It's the baggEE way.

You don't care about the mission, just who gets the commission.

The Hind helicopter is the weapon of choice for good reasons. They work, unlike barock. They are more rugged and versatile, easier and cheaper to maintain, and they already know how to fix them.

You're an idiot.

“bar0ckalypse n0w”

Since: Mar 10

Location hidden

#134 Dec 25, 2013
Liberals R Defective wrote:
<quoted text>Isn't it interesting that the financial collapse happened AFTER The progressives took over congress? Isn't it interesting that after Bush won reelection in 2004, the progressives and their lap dogs in the media started squawking about a recession? It's almost as if the progressives were hoping for a financial meltdown. Weird, huh?
We know how they did it.

They spiked oil prices and blamed Wall St. traders. I lived it real time. They passed laws restricting drilling so prices were expected to rise. It's the same way these idiots blame the insurance companies for cancelling people's insurance. They're just following the law these dopes passed before reading.

Remember when Sarah Palin was saying drill, baby drill? Harry Pelosi drove oil to over $130/bbl. It was $20 when Clinton was in office. He should thank George HW Bush everyday for that. It's why they let Exxon and Mobil merge.

http://chartsbin.com/view/oau

Low oil prices are the most important way to create jobs in America next to low corporate and personal income taxes.

“no one told me”

Since: Dec 07

Denver

#135 Dec 25, 2013
Liberals R Defective wrote:
<quoted text>Isn't it interesting that the financial collapse happened AFTER The progressives took over congress? Isn't it interesting that after Bush won reelection in 2004, the progressives and their lap dogs in the media started squawking about a recession? It's almost as if the progressives were hoping for a financial meltdown. Weird, huh?
Budget Deficits
http://www.fms.treas.gov/index.html
2002 FY Budget Deficit $158 Billion
2003 FY Budget Deficit $365 Billion
2004 FY Budget Deficit $412 Billion
2005 FY Budget Deficit $319 Billion
2006 FY Budget Deficit $248 Billion
2007 FY Budget Deficit $161 Billion
2008 FY Budget Deficit $455 Billion <---- Democrats control Congress
2009 FY Budget Deficit $1.4 Trillion
2010 FY Budget Deficit $1.3 Trillion
2011 FY Budget Deficit $1.6 Trillion
2012 FY budget deficit $1.3 trillion
2013 est. deficit $670 billion
LessHypeMoreFact

Orleans, Canada

#136 Dec 25, 2013
Liberals R Defective wrote:
<quoted text>Isn't it interesting that the financial collapse happened AFTER The progressives took over congress?
It would be interesting if true. But it isn't. The collapse happened during Bush's second term. Witness the $800B recovery fund he set up to deal with the collapse, which then had to be approved by the incoming Democrats.
Liberals R Defective wrote:
<quoted text>Isn't it interesting that after Bush won reelection in 2004, the progressives and their lap dogs in the media started squawking about a recession?
It wouldn't be interesting even if true. Politicians are always squawking about the opposition
Liberals R Defective wrote:
It's almost as if the progressives were hoping for a financial meltdown. Weird, huh?
More to the point, the financial guru's were expecting a meltdown. One was even right about the timing. All that means is that the collapse was predictable, more or less. The cause of the collapse was the discussion here and it boils down to Bush, Two Wars and taking over the mortgage market, along with the end of Glass-Steiner in the Clinton era. Clinton should NEVER have listened to the right wing 'free the money managers' rhetoric.
LessHypeMoreFact

Orleans, Canada

#137 Dec 25, 2013
dont snow me wrote:
<quoted text>
Budget Deficits
http://www.fms.treas.gov/index.html
2002 FY Budget Deficit $158 Billion
2003 FY Budget Deficit $365 Billion
2004 FY Budget Deficit $412 Billion
2005 FY Budget Deficit $319 Billion
2006 FY Budget Deficit $248 Billion
2007 FY Budget Deficit $161 Billion
2008 FY Budget Deficit $455 Billion <---- Democrats control Congress
2009 FY Budget Deficit $1.4 Trillion
2010 FY Budget Deficit $1.3 Trillion
2011 FY Budget Deficit $1.6 Trillion
2012 FY budget deficit $1.3 trillion
2013 est. deficit $670 billion
Yup. The Conservatives go in, spend like crazy, and collapse the economy then run away screaming that the house of cards THEY built is collapsing. Good point. As soon as prudent fiscal management gets it back under control, they will take over and loot it again. After all, it is never about WHO'S money you steal, only that you can steal it.
conservative crapola

“Hicksville Hootenanny”

Since: Sep 13

Kornfield Kounty

#138 Dec 25, 2013
mjjcpa wrote:
<quoted text>
That was the ransom paid to surrendercrats in Congress in order to get tax reform and the military re-built after years of carter neglect.
Tax reform? You mean when raygun signed-on to that socialist earned income tax credit? LMAO.

“bar0ckalypse n0w”

Since: Mar 10

Location hidden

#139 Dec 25, 2013
conservative crapola wrote:
<quoted text>
Tax reform? You mean when raygun signed-on to that socialist earned income tax credit? LMAO.
This is what you deceitful traitorcrats are great at. Twisting the truth. Reagan made a grand bargain on the 85% of what Americans agree on and compromised on the rest. They teach in college that his tax reforms unleashed huge positive economic forces that are still reverberating.

barock, the boy President, lacks the leadership skills so he hides on the golf course while the planet burns.

Someday if you get that GED in jail, you'll be able to read an economics text.

“bar0ckalypse n0w”

Since: Mar 10

Location hidden

#140 Dec 25, 2013
LessHypeMoreFact wrote:
<quoted text>
Yup. The Conservatives go in, spend like crazy, and collapse the economy then run away screaming that the house of cards THEY built is collapsing. Good point. As soon as prudent fiscal management gets it back under control, they will take over and loot it again. After all, it is never about WHO'S money you steal, only that you can steal it.
Republicans have to repair the damage wrought by surrendercrats.

barock turned recession to global depression.

“bar0ckalypse n0w”

Since: Mar 10

Location hidden

#141 Dec 25, 2013
LessHypeMoreFact wrote:
<quoted text>
It would be interesting if true. But it isn't. The collapse happened during Bush's second term. Witness the $800B recovery fund he set up to deal with the collapse, which then had to be approved by the incoming Democrats.
<quoted text>
It wouldn't be interesting even if true. Politicians are always squawking about the opposition
<quoted text>
More to the point, the financial guru's were expecting a meltdown. One was even right about the timing. All that means is that the collapse was predictable, more or less. The cause of the collapse was the discussion here and it boils down to Bush, Two Wars and taking over the mortgage market, along with the end of Glass-Steiner in the Clinton era. Clinton should NEVER have listened to the right wing 'free the money managers' rhetoric.
harry pelosi popped the housing bubble with $130 oil prices.

They care more about animals than freezing widows and orphans in winter.
conservative crapola

“Hicksville Hootenanny”

Since: Sep 13

Kornfield Kounty

#142 Dec 26, 2013
mjjcpa wrote:
<quoted text>
This is what you deceitful traitorcrats are great at. Twisting the truth. Reagan made a grand bargain on the 85% of what Americans agree on and compromised on the rest. They teach in college that his tax reforms unleashed huge positive economic forces that are still reverberating.
barock, the boy President, lacks the leadership skills so he hides on the golf course while the planet burns.
Someday if you get that GED in jail, you'll be able to read an economics text.
raygun “raised taxes in seven of his eight years in office”.

Senator Alan Simpson, who called Reagan “a dear friend,” told NPR,“Ronald Reagan raised taxes 11 times in his administration — I was there.”“Reagan was never afraid to raise taxes,” said historian Douglas Brinkley, who edited Reagan’s memoir. Reagan the anti-tax zealot is “false mythology,” Brinkley said.

You stooges keep trying to re-write the failed residency for raygun. Not only would he be vilified by teahadist, he wouldn't have anything to do with them. LMAO.

“no one told me”

Since: Dec 07

Denver

#143 Dec 26, 2013
conservative crapola wrote:
<quoted text>
raygun “raised taxes in seven of his eight years in office”.
Senator Alan Simpson, who called Reagan “a dear friend,” told NPR,“Ronald Reagan raised taxes 11 times in his administration — I was there.”“Reagan was never afraid to raise taxes,” said historian Douglas Brinkley, who edited Reagan’s memoir. Reagan the anti-tax zealot is “false mythology,” Brinkley said.
You stooges keep trying to re-write the failed residency for raygun. Not only would he be vilified by teahadist, he wouldn't have anything to do with them. LMAO.
Lying sack of shit cretin, Tip O'Neil and the democrat congress raised taxes.
conservative crapola

“Hicksville Hootenanny”

Since: Sep 13

Kornfield Kounty

#145 Dec 26, 2013
dont snow me wrote:
<quoted text>
Lying sack of shit cretin, Tip O'Neil and the democrat congress raised taxes.
...signed by president alzie, you lying pos. LMAO. raygun seldom met a tax he didn't like. When he did, he called it a 'fee'. LMAO.

“bar0ckalypse n0w”

Since: Mar 10

Location hidden

#146 Dec 26, 2013
conservative crapola wrote:
<quoted text>
...signed by president alzie, you lying pos. LMAO. raygun seldom met a tax he didn't like. When he did, he called it a 'fee'. LMAO.
http://blogs.wsj.com/emergingeurope/2011/06/2...

http://usatoday30.usatoday.com/news/washingto...

http://www.telegraph.co.uk/news/worldnews/eur...
conservative crapola

“Hicksville Hootenanny”

Since: Sep 13

Kornfield Kounty

#147 Dec 26, 2013
mjjcpa wrote:
Forced to raise taxes twice to avert financial catastrophe, the Gipper nonetheless presided over a tripling of the American national debt to nearly $3 trillion. By the time he left office in 1989, Ronald Reagan more than equaled the entire debt burden produced by the previous 200 years of American history. It's no wonder Stockman lamented last year:
"[The] debt explosion has resulted not from big spending by the Democrats, but instead the Republican Party's embrace, about three decades ago, of the insidious doctrine that deficits don't matter if they result from tax cuts."

LMFAO.

“bar0ckalypse n0w”

Since: Mar 10

Location hidden

#148 Dec 26, 2013
conservative crapola wrote:
<quoted text>
Forced to raise taxes twice to avert financial catastrophe, the Gipper nonetheless presided over a tripling of the American national debt to nearly $3 trillion. By the time he left office in 1989, Ronald Reagan more than equaled the entire debt burden produced by the previous 200 years of American history. It's no wonder Stockman lamented last year:
"[The] debt explosion has resulted not from big spending by the Democrats, but instead the Republican Party's embrace, about three decades ago, of the insidious doctrine that deficits don't matter if they result from tax cuts."
LMFAO.
So what.

'I have clients with multi-million dollar jumbo mortgages. Their homes are worth much more.

Reagan dramatically grew the net worth and value of America.

Twist all you want.

barock turned recession to global depression. We have the civil wars everywhere to prove it.

“bar0ckalypse n0w”

Since: Mar 10

Location hidden

#149 Dec 26, 2013

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