LiberalZrule
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Sun Apr-13-08 10:04 AM
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Obama HIllary Bush and currnet economic conditions |
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Let stand back for a moment and consider some things. Bill Clinton is to blame for NAFTA. This is true. Let us look at the subprime mortgage mess. Who is responsible for that? How many Obama supporters are going to blame Bush and or Hillary for that? I am not pro bush by any means but our president is not to blame for that. Who wants to fix it? Hillary does and so does Obama. However this is what I believe....it is not the government,s responsibility to bail out these people who made bad financial decisions. They brought those economic conditions on themselves. Who is to blame for current oil prices? Bush obviously with his war that destabilized the middle east. Who is going to fix it? A lot people consider Saudi Arabia our friend but that is far from the truth. Lets vote for who will put saudia arabia in its place. Lets look at facts. Hillary voted for the war and voted spending for it...bash all you want but she stood by her decision. Lets look at Obama....He voted against the war, but he voted for spending....Some may say he took a stand but when it came to financing the war he did not take a stand. If he was against the war he SHOLD HAVE VOTED AGAINST SPending to give his stand meaning. Its hypocricy. Those job losses across PA and Ohio and other areas and the blame for it can be placed only at one door. Ronald Reagan.
Despite NAFTA the 90's was one of the greatest economic boons in our history. Corporate downsizing was low. Unemployement was low. The 90s was great. I seem to remember a First Lady name HRC during those good economical times.
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Boz
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Sun Apr-13-08 10:34 AM
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1. How on one hand can you not blame bush for the mortgage problem and at the same time say the success |
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Edited on Sun Apr-13-08 10:35 AM by Boz
90s was Clinton's fault and then swirl the toilet brush and say Obama cant fix it.
Try taking a vacation from your brain occasionally and look at the "Outside Real World"tm
Our economy is the result of 15 years of failed coporatist stance by BOTH Bush and Clinton.
The successful Economy Bill likes to tout actually had nothing to do with the impact of him on any domestic industry.
In fact all of his direct impact, free trade, corporate deregulation ate up much of that growth.
If anything Al Gore in the late 80s early 90s before he was vice, had more direct impact on the Economies positives than Clinton or Bush.
Spinning so hard to make everything Obamas fault even before he has impact will make you dizzy, try not to do it so much and keep your hands inside the ride at all times.
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gabeana
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Sun Apr-13-08 10:40 AM
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2. I'd stay away from this poster and his logic |
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read his post last night he is anti-union I wouldn't take much stock in his opinion on either candidate
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LiberalZrule
(84 posts)
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Sun Apr-13-08 10:44 AM
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you reasonable and real life examples why I am anti-union. They did nothing for me and everything to limit my wage growth and take away benefits.
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LiberalZrule
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Sun Apr-13-08 10:44 AM
Response to Reply #2 |
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you reasonable and real life examples why I am anti-union. They did nothing for me and everything to limit my wage growth and take away benefits.
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PA Democrat
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Sun Apr-13-08 10:51 AM
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4. I'd suggest you do some reading about the sub prime mortgage crisis. |
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Read about the repeal of the Glass-Steagall Act which Bill Clinton signed into law. Read about the speculation of investment banks who bought BILLIONS of sub prime mortgages on margin at a time when anyone with brains was predicting the housing bubble to burst. Read about how lenders did not verify the financial information of borrowers and how in some cases they actually used fraudulent data without the knowledge of the borrower to get the loan approved. Read about the bait and switch tactics and teaser rates.
Please educate yourself before using such repugnant right wing talking points.
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LiberalZrule
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Sun Apr-13-08 10:53 AM
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5. Right wing talking points? |
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YOu are mistaken...There is no robotic republican master in control of my brain...These are my own talking points. thank you very much.
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PA Democrat
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Sun Apr-13-08 10:59 AM
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6. Blame the borrower, and excuse the corporate malfeasance is a hallmark of the right wing. |
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BTW, you DO realize don't you, that mortgage foreclosures negatively impact the values of EVERYONE'S homes, don't you?
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LiberalZrule
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Sun Apr-13-08 11:10 AM
Response to Reply #6 |
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Edited on Sun Apr-13-08 11:13 AM by LiberalZrule
comments blame the borrow for financial stupidity but call into question if the borrower was mislead into a financial fantasy. In my opinion it is financial stupidity to borrow money for anything. If you dont have the cash to buy it outright then save save save so you can. I own my condo so I dont have to sweat the payments if I ever lost my job. I am angry that those of financial stupidity trying to buy with money they dont have. I am not worried about loss of value on my home because a home is more to me than a maginal increase in my pocketbook if I chose to resell it. Buying a home to flip it into a profit is disgraceful. A home should be a sactuary away from the dregs of every day life not a way to increase social standing and pomposity. I use to deliver papers for the Chicago tribue and one of my areas included South Barrington and I see all these million dollar homes. What does a person need with such lavish luxury? To increase social standing and flaunt what their diseased sense of superiority.
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PA Democrat
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Sun Apr-13-08 11:21 AM
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9. We own both our home and business property mortgage-free, but I still can't look down my nose at |
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others who are not as fortunate, while excusing the role of corporate greed and malfeasance in the whole sub prime mortgage crisis. And I won't overlook Bill Clinton's role in this as he DID sign into law the repeal of the Glass-Steagall Act. http://www.progressivehistorians.com/2007/11/bill-clintons-role-in-mortgage-crisis.html
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EFerrari
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Sun Apr-13-08 10:59 AM
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7. Alan Greenspan actively encouraged consumers to take out those |
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loans, and Bush, who is not my president, bragged about it when they did. To now turn around and blame these people is just dishonest. And the term "corporate downsizing" originates in the 90s.
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Thu Apr 25th 2024, 10:52 PM
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