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DamnYankee
08-24-2009, 07:14 AM
they caused it and made it worse.

http://www.uscitizensassociation.com/images/news_ad/culprits.jpg


1. Jimmy Carter pushed for and signed into law the Community Reinvestment Act which forced banks to lower their standards so that previously unqualified people could get a mortgage.
2. Bill Clinton then doubled-down on the Community Reinvestment Act and greatly lowered mortgage standards to allow a lot more unqualified borrowers to get loans.
3. Bill Clinton’s Attorney General, Janet Reno, then intimidated banks with threats of legal action if they did not give loans to unqualified borrowers who
would not have the income to pay the loans back.
4. A member of the Clinton administration, Franklin Raines was then put in charge of Fannie Mae by Bill Clinton. Fannie Mae bought up a majority of the bad loans made by banks to unqualified borrowers. Raines then falsified Fannie
Mae financial reports so he could collect bonuses which totaled over $90 million for 5 years.
5. Senator Chris Dodd, head of the Senatorial Financial Committee, suppressed efforts by President George W. Bush and congressional Republicans to rein in the corruption at Fannie Mae and Freddie Mac. He got a very favorable loan by a bank associated with Fannie Mae and Freddie Mac. He got large political campaign contributions from Fannie Mae and Freddie Mac.
6. Barney Frank, head of the House of Representatives Banking Committee, also suppressed efforts by President George W. Bush and Congressional Republicans to investigate corruption at Fannie Mae and Freddie Mac.
7. Barack Obama, while he was an attorney, filed lawsuits against banks on behalf of ACORN in order to force banks to give loans to people who could not afford to pay them back. Obama, while he was a U.S. Senator, also suppressed efforts by President George W. Bush and Republican Congressmen to investigate and rein in Fannie Mae and Freddie Mac.http://www.uscitizensassociation.com/pdfs/USCA_Ad.pdf

Mott the Hoople
08-24-2009, 07:37 AM
Pathetic. Just pathetic.

Topspin
08-24-2009, 07:44 AM
I find it hard to believe Southerntool claims a college degree and posts this garbage.
They lowered standards, so the idiots on wallstreet decided no standards were ok.
Your argument is as weak as the shit degree you got.

TuTu Monroe
08-24-2009, 08:29 AM
http://www.uscitizensassociation.com/images/news_ad/culprits.jpg

http://www.uscitizensassociation.com/pdfs/USCA_Ad.pdf

This is exactly how it happened. Barney Frank and Maxine Waters said there was nothing wrong with FM when they were questioned and warned repeatedly.

DamnYankee
08-24-2009, 09:44 AM
I find it hard to believe Southerntool claims a college degree and posts this garbage.
They lowered standards, so the idiots on wallstreet decided not standards were ok.
Your argument is as weak as the shit degree you got. Talk about weak; that doesn't even make sense. *shrug*

Topspin
08-24-2009, 10:27 AM
Talk about weak; that doesn't even make sense. *shrug*

you party is a sinking ship, and your left with just the retards who need fox news to tell them what to think.

SmarterthanYou
08-24-2009, 10:29 AM
every leftard depicted in that picture is at fault for pushing the US economy to a credit/debt based cycle of bubble inflating and deflating.

uscitizen
08-24-2009, 11:01 AM
Didn't SM make that thread about lefties being in another universe?
Well that site is another universe as well.

DamnYankee
08-24-2009, 11:29 AM
you party is a sinking ship, and your left with just the retards who need fox news to tell them what to think.
LOL So you can't explain what you wrote either. LOL

FUCK THE POLICE
08-24-2009, 11:50 AM
What do you call a recession that happened a year before Obama took office?

The Obama recession.

uscitizen
08-24-2009, 11:52 AM
What do you call a recession that happened a year before Obama took office?

The Obama recession.

Truth!

Jarod
08-24-2009, 12:04 PM
This is the Bush Recession and its much much worse than the Carter recession was!

Topspin
08-24-2009, 01:54 PM
Jarod has to be the dumpest degreed person ever in regards to the economy. That is all

Jarod
08-24-2009, 02:44 PM
Jarod has to be the dumpest degreed person ever in regards to the economy. That is all

Just make shit up, that makes you sound intelegent!

DamnYankee
08-24-2009, 02:45 PM
What do you call a recession that happened a year before Obama took office?

.... Speculation on an Obama presidency. *shrug*

DamnYankee
08-24-2009, 02:46 PM
Just make shit up, that makes you sound intelegent! Delicious irony.

DamnYankee
08-24-2009, 03:03 PM
No DNC talking points here. Big surprise. *shrug*

FUCK THE POLICE
08-24-2009, 07:27 PM
Speculation on an Obama presidency. *shrug*

*shrug*

DamnYankee
08-24-2009, 07:31 PM
I see we agree. :)

NOVA
08-24-2009, 07:40 PM
YouTube - Broadcast Yourself.
YouTube - Timeline shows Bush, McCain warning Dems of financial and housing crisis; meltdown
Dems warned about Freddie and Fanny....

Other pertinent videos removed from youtube....figures

Onceler
08-24-2009, 07:43 PM
The slow march of the right toward insanity is really something to watch.

Just an FYI: the economy was pretty bad in December.

uscitizen
08-24-2009, 07:46 PM
The slow march of the right toward insanity is really something to watch.

Just an FYI: the economy was pretty bad in December.

Actually it was pretty bad a year from last december. A dismal Christmas shopping season if I recall.

Annie
08-24-2009, 08:38 PM
Pathetic. Just pathetic.

What's pathetic about what he posted?

Onceler
08-24-2009, 09:16 PM
What's pathetic about what he posted?

Everything. The post title. The implication. The tunnel vision of the facts presented for the "conclusion."

Everything.

DamnYankee
08-24-2009, 09:18 PM
The slow march of the right toward insanity is really something to watch.

Just an FYI: the economy was pretty bad in December. Obama promised that he wouldn't let unemployment get over 8%, now it's 10%. *shrug*

Onceler
08-24-2009, 09:24 PM
Obama promised that he wouldn't let unemployment get over 8%, now it's 10%. *shrug*

The admin projected unemployment peaking at 8.3%. They were wrong.

Can you show me where Obama "promised" that he would personally keep unemployment from going above 8%, however?

DamnYankee
08-24-2009, 09:36 PM
The admin projected unemployment peaking at 8.3%. They were wrong.

Can you show me where Obama "promised" that he would personally keep unemployment from going above 8%, however? That's what the Messiah promised, and why folks voted for him.

Canceled1
08-24-2009, 09:40 PM
http://www.uscitizensassociation.com/images/news_ad/culprits.jpg

http://www.uscitizensassociation.com/pdfs/USCA_Ad.pdf

Harumph!

Canceled1
08-24-2009, 09:41 PM
Obama promised that he wouldn't let unemployment get over 8%, now it's 10%. *shrug*


The pathway to hell is paved with his good intentions and promises...

Cancel5
08-24-2009, 09:41 PM
That's what the Messiah promised, and why folks voted for him.
I didn't vote for him because of that. I heard his message that times were going to be tough.

Didn't the Bush administration say that, too?

uscitizen
08-24-2009, 09:43 PM
Obama promised that he wouldn't let unemployment get over 8%, now it's 10%. *shrug*

and Bush promised no nation building, smaller government, and he would keep us safe.
Your point being?

And people voted for him.

Cancel5
08-24-2009, 09:45 PM
and Bush promised no nation building, smaller government, and he would keep us safe.
Your point being?

Don't forget, bring back, what was it to the White House? Gosh...

uscitizen
08-24-2009, 09:50 PM
Don't forget, bring back, what was it to the White House? Gosh...

did it start with an I.... Incest?

Cancel5
08-24-2009, 09:51 PM
did it start with an I.... Incest?
No, Bush isn't that weird!, but he probably thought Lot was swell!

Cancel5
08-24-2009, 09:51 PM
No, Bush isn't that weird!, but he probably thought Lot was swell!
Didn't have to do with something about morality...

uscitizen
08-24-2009, 09:53 PM
No, Bush isn't that weird!, but he probably thought Lot was swell!

Integrity? Transparency? Honesty?

I can't remember if there was only one or not.
It was such an absurd statement when he said it anyway.

Canceled1
08-24-2009, 09:54 PM
YouTube - Broadcast Yourself. (http://www.youtube.com/watch?v=_MGT_cSi7Rs&feature=related)
YouTube - Timeline shows Bush, McCain warning Dems of financial and housing crisis; meltdown (http://www.youtube.com/watch?v=cMnSp4qEXNM&feature=related)
Dems warned about Freddie and Fanny....

Other pertinent videos removed from youtube....figures

Another right-winged conspiracy gone right...

Cancel5
08-24-2009, 09:55 PM
Integrity? Transparency? Honesty?

I can't remember if there was only one or not.
It was such an absurd statement when he said it anyway.

I have also forgotten the exact wording, all I heard was blah, blah!, like the Charlie Brown teacher voice they always used

Cancel 2016.2
08-24-2009, 09:56 PM
Pathetic. Just pathetic.

While I disagree with the assertion that Obama didn't inherit the bad economy, the majority of the above statements are correct and most certainly played a large role in the credit problems we are still facing.

That said, Bush spending like a drunken liberal did not help matters in the least. Nor did Bush or the Republicans do anything to correct the errors of the past. Instead, they went right along cheerleading the same crap Clinton did.... 'more people than ever own their own homes'

Damocles
08-24-2009, 09:57 PM
While I disagree with the assertion that Obama didn't inherit the bad economy, the majority of the above statements are correct and most certainly played a large role in the credit problems we are still facing.

That said, Bush spending like a drunken liberal did not help matters in the least. Nor did Bush or the Republicans do anything to correct the errors of the past. Instead, they went right along cheerleading the same crap Clinton did.... 'more people than ever own their own homes'
And here it is... Post 500,000... So what are you going to do now, SF?

uscitizen
08-24-2009, 09:57 PM
I have also forgotten the exact wording, all I heard was blah, blah!, like the Charlie Brown teacher voice they always used

LOL, Yeah lots of politicians speak with that voice. And many hear what they want to from the speech.

Cancel 2016.2
08-24-2009, 09:59 PM
I have also forgotten the exact wording, all I heard was blah, blah!, like the Charlie Brown teacher voice they always used

Why you hatin on Mrs. Donovan?

Cancel5
08-24-2009, 10:02 PM
Why you hatin on Mrs. Donovan?

Was that her name, good catch!

Cancel 2016.2
08-24-2009, 10:02 PM
And here it is... Post 500,000... So what are you going to do now, SF?

seriously? Sweet.... now I shall rule the world.

As I stated before, I gladly donate the prize back to the site or to the charity of your choosing. Thanks again for letting us all hang here and bash the liberals, conservatives, dems, Reps, socialists, greens, libertarians and of course the moronic leg humpers.

Cancel5
08-24-2009, 10:03 PM
seriously? Sweet.... now I shall rule the world.

As I stated before, I gladly donate the prize back to the site or to the charity of your choosing. Thanks again for letting us all hang here and bash the liberals, conservatives, dems, Reps, socialists, greens, libertarians and of course the moronic leg humpers.
Cheers to you both!

Cancel 2016.2
08-24-2009, 10:03 PM
Was that her name, good catch!

yeah. It is funny how often I think of that voice.... pretty much every time someone starts ranting about something ridiculous.

Damocles
08-24-2009, 10:04 PM
seriously? Sweet.... now I shall rule the world.

As I stated before, I gladly donate the prize back to the site or to the charity of your choosing. Thanks again for letting us all hang here and bash the liberals, conservatives, dems, Reps, socialists, greens, libertarians and of course the moronic leg humpers.
Cool 'nuff, the site shall donate the money to the Canine Companions for Independence.

Cancel5
08-24-2009, 10:05 PM
Cool 'nuff, the site shall donate the money to the Canine Companions for Independence.

Superior choice...

Cancel 2016.2
08-24-2009, 10:07 PM
Cool 'nuff, the site shall donate the money to the Canine Companions for Independence.

ROFLMAO....

Is that in honor of our own leg humper?

DamnYankee
08-24-2009, 10:07 PM
Cool 'nuff, the site shall donate the money to the Canine Companions for Independence.
:clink:

Damocles
08-24-2009, 10:16 PM
ROFLMAO....

Is that in honor of our own leg humper?
LOL. Wasn't even thinking about them... really...

christiefan915
08-25-2009, 08:39 AM
Don't forget, bring back, what was it to the White House? Gosh...

Civility and respect? "I want to change the tone of Washington to one of civility and respect."

Wasn't that a big goose egg for that loser! I was looking at his 2000 acceptance speech and in hindsight, it's farcical. Here are a few excerpts. It almost makes me gag to read them.

I am proud to have Dick Cheney by my side. He is a man of integrity and sound judgment, who has proven that public service can be noble service.

We will use these good times for great goals.

And we will extend the promise of prosperity to every forgotten corner of this country.

But instead of seizing this moment, the Clinton/Gore administration has squandered it. We have seen a steady erosion of American power and an unsteady exercise of American influence.

Tonight, in this hall, we resolve to be, not the party of repose, but the party of reform.

We will add the work of our hands to the inheritance of our fathers and mothers and leave this nation greater than we found it.

Now is the time to make Head Start an early learning program, teach all our children to read, and renew the promise of America's public schools.

A generation shaped by Vietnam must remember the lessons of Vietnam.

When America uses force in the world, the cause must be just, the goal must be clear, and the victory must be overwhelming.

I will work to reduce nuclear weapons and nuclear tension in the world to turn these years of influence into decades of peace.

http://en.wikisource.org/wiki/2000_George_W._Bush%27s_Republican_Convention_Acce ptance_Speech