Yes Krieg, Im sure the big liberal bully demonizing the Tea Baggers. I could go on about how the movments vast majority are white, middle aged, fairly well to do Republicans who want a return to the constitution and the way things were...to take their country back in essence. Now of course a like minded person could never see beyond this, but someone who tries to be open could very much infer this taking back of the country deals with having a black president, immigation issues and minorities gaining more equality (also called reverse discrimination by some people), etc. I dont have a problem with the idea of white pride and wanting the status quo----we have had our run of it for a few hundered years here, and want that to stay the same. But to continue to masquerade the whole movement as one lacking these points and undertones is simply overlooking the obvious.
Probably do somewhat Kuzi, I think its natural to have biases or feelings----maybe not to the point of being racist.....but sure, maybe I do have race on my mind. However, that doesnt change my feelings about the Tea Baggers, say what you want about the undertones of the movement---but I will have to disagree that race is not a part of it. I too am for smaller govt---AS LONG AS it is good for the people, and I do not think that limiting regulations and tax cuts for all is always for the best.
Right now Democrats are pushing what they call a "financial reform" bill that some say will give large Wall Street firms a virtual green light to make risky investments with the understanding that the government will bail them out if things turn out poorly. Sweet deal, if you can get it ...
this is EXACTLY what happened in the housing market.
You are exactly right, and the Republicans and Bush tried to reform Fannie Mae and Freddie Mac...and were blocked by Slobbering Barny Frank (maybe because his boyfriend was in charge there) and other Dems....but don't expect any mainstream media to point this out.
Right now Democrats are pushing what they call a "financial reform" bill that some say will give large Wall Street firms a virtual green light to make risky investments with the understanding that the government will bail them out if things turn out poorly. Sweet deal, if you can get it ...
this is EXACTLY what happened in the housing market.
You are exactly right, and the Republicans and Bush tried to reform Fannie Mae and Freddie Mac...and were blocked by Slobbering Barny Frank (maybe because his boyfriend was in charge there) and other Dems....but don't expect any mainstream media to point this out.
this is not 100% true. Bush liked at the time that his economy was booming. The American Dream Down Payment Act (2003) was passed under bush, and that contributed significantly to the housing market meltdown.
Wow...I thought the younger generation was the only one looking for instant gratification. Are we having tunnel vision here? Our problems weren't created in one year so how can anyone expect them to be solved in one year. Let's not be so shallow.
I don't think he is ranting about the problems themselves, rather at the President who Cabi feels is doing an inadequate job.
A well thought out point Hawk, I could go on for years about how I believe W Bush is to blame for alot of our woes at this time...and while I will not here, it does good to point out 1 yr doesnt fix 8 years (and decades in some instances) of problems.
A well thought out point Hawk, I could go on for years about how I believe W Bush is to blame for alot of our woes at this time...and while I will not here, it does good to point out 1 yr doesnt fix 8 years (and decades in some instances) of problems.
and doubling down on policies that caused the problems wont fix them either.
Right now Democrats are pushing what they call a "financial reform" bill that some say will give large Wall Street firms a virtual green light to make risky investments with the understanding that the government will bail them out if things turn out poorly. Sweet deal, if you can get it ...
this is EXACTLY what happened in the housing market.
You are exactly right, and the Republicans and Bush tried to reform Fannie Mae and Freddie Mac...and were blocked by Slobbering Barny Frank (maybe because his boyfriend was in charge there) and other Dems....but don't expect any mainstream media to point this out.
this is not 100% true. Bush liked at the time that his economy was booming. The American Dream Down Payment Act (2003) was passed under bush, and that contributed significantly to the housing market meltdown.
True...however, john mccain introduced in 2005 tried enact a bill that would bring some oversight to Fannie and Freddie. But that bill was stopped cold by a Democrat solid party line vote. I am sure the ADDP act did contribute to the mess, but I believe the root cause was the Community Reinvestment Act of 1977. And who knows...if McCain's bill wasn't stopped, who knows how much of this housing mess would have been stopped and/or fixed.
i cant say that Community Reinvestment Act of 1977 was the root cause. the Fair Housing Act (1968), the Equal Credit Opportunity Act (1974),the Home Mortgage Disclosure Act (1975), the National Affordable Housing Act (1990), the Community Development and Regulatory Improvement Act (1994), and the Home Ownership and Equity Protection Act (1994) (in addition to the ones already discussed) all made this crisis happen in their own way. dont forget the fed, the FDIC, Freddie, Fanny, and some actual irresponsible lenders. there is plenty of blame to go around on many sides of this. republicans and democrats alike had their hand in this. it comes down to the government machine intruding in the market.
Hey DK...the money started to leave all of our pockkets way before the Obama administration...look at Enron....profits of the so-called Wall Street crowd...the daily cost of the current war.... these are just a few of the things that have taken money from all of our pockets (except the rich...)
The housing mess....quite honestly there is quite a deep mess associated with the so-called housing issues... check out the book by Michael Lewis, The Big Short "Inside the Doomsday Machine". Very easy to read and quite easy to understand. But be ready to be totally p'od....
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