Welcome Guest [Log In] [Register]
Logo
Search Members FAQ Portal
  • Navigation
  • Our Hoosier Board
  • →
  • Other
  • →
  • Politics
  • →
  • Federal Housing Enterprise Regulatory Reform Act
Welcome to Our Hoosier Board!

Most of the posters here have been around for nearly a decade now. You'll find their knowledge and insight to be second to none. We have a really strong community and value everyone's opinions.

Feel free to jump into any thread and voice your opinion with conviction. We love heated debates and even some fanbase ribbing from time to time. We pride ourselves on the lack of moderation needed to make this board successful.

Please remember that we have been around many years and have an astute ability to tell the difference between an immature, childish, trash-talking troll and a passionate fan voicing his or her opinion. It is at the discretion of Jazen and myself whether any moderating actions should be taken at any given time. It's a very, very rare thing. In other words, no worries....you'll be fine!

Cheers,
sirbrianwilson

Join our community!


If you're already a member please log in to your account to access all of our features:

Username:   Password:
Add Reply
  • Pages:
  • 1
  • 2
  • 3
Federal Housing Enterprise Regulatory Reform Act
Tweet Topic Started: Sep 24 2008, 09:33 PM (285 Views)
HoosierLars Sep 25 2008, 10:33 PM Post #16
Member Avatar
3 in a row
Posts:
22,921
Group:
Members
Member
#20
Joined:
February 5, 2008
Hoosier_Faithful_07
Sep 25 2008, 08:41 PM
HoosierLars
Sep 25 2008, 08:31 PM
Hoosier_Faithful_07
Sep 25 2008, 07:46 PM
HoosierLars
Sep 25 2008, 07:35 PM
http://voices.kansascity.com/node/2155
“Significant details must still be worked out before Congress can approve a bill. Among the groups denouncing the proposal today were the National Association of Home Builders and Congressional Democrats who fear that tighter regulation of the companies could sharply reduce their commitment to financing low-income and affordable housing.”

''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''
“Representative Melvin L. Watt, Democrat of North Carolina, agreed.”


http://www.opensecrets.org/news/2008/09/update-fannie-mae-and-freddie.html
Obama $126k, McCain $21k.

And the original point was McCain was taking a lead role calling for reform. Where's Obama, besides being the #2 recipient of contributions?
I'm having a really hard time believing you ever even made it through the test for Mensa. You apparently can't even concentrate long enough to read what I posted.

It's true that Obama received $126k and McCain received $21k from employees.

You fail to recognize that McCain received $169k and Obama $16k from directors, officers, and lobbyists for the two companies.

I've woken up and smelled the coffee from both sides, while your mug looks pretty full on McCain kool-aid. If you're just going to speak half-truths, at least have the decency to not keep repeating yourself.
I posted my links to support my previous post. You never answered my question about why Obama didn't support reform.
You haven't shown me a single thing showing that Obama didn't support this reform. The link you posted refers to an article from the Times done in 2003! Obama wasn't even in the Senate then. The other crap you posted I already showed you the whole truth behind it.

You don't have shit to back-up your claims, so either do some real research or stop replying.
It looks like you get a little defensive when your guy is getting beaten on an issue. It's a fact that McCain was on the record saying we needed to reform Freddy and Fannie, or we would have serious problems. I posted links to support McCain's quotes and my campaign contribution numbers. (You posted some NY Times info that allegedly says McCain and Obama took similar contributions--fine.) It's a fact that Dodd and Frank opposed the legislation. It's highly likely that Obama was going along with the Democratic leadership, or wasn't even present because he was busy multitasking, running for President. I'm about 99% certain he went along because he's a left-leaning Democrat, and would have supported giving loans to those who can't afford it, in the name of fairness.

Now you call me out for not proving Obama was outwardly against the bill? Show me any proof that he was doing ANYTHING to support the bill. Otherwise, just STFU and admit that McCain has a better record on supporting mortgage reform.

EDIT: What 2003 link did I post? I posted stuff 2005 and later.
Posted Image
Offline Profile Quote Post Goto Top
 
brumdog44 Sep 25 2008, 11:41 PM Post #17
Member Avatar
The guy picked last in gym class
Posts:
43,829
Group:
Members
Member
#181
Joined:
February 20, 2008
aaronk2727
Sep 25 2008, 09:40 PM
brumdog44
Sep 25 2008, 09:04 PM
But while I'm here, let me ask you this: does the Bible mention McCain and Able riding dinosaurs?
You've done a lot better than that in terms of humor brum....I'm a little disappointed. The bible does mention dinosaurs by the way, so either God exists and has existed long enough to know about them (which would contradict your atheist thinking), or dinosaurs walked with man. Either way, you will come back with a smart remark to end the thread and move on to another subject.
Frankly, aaron, at this point all you do is bore me. At least the Paulites understand the issues.

I'm man enough to say that I don't know everything. Should I follow your example and make posts showing everybody that I don't? You are obviously out of your depth.
Posted Image
Offline Profile Quote Post Goto Top
 
troubleatiu Sep 26 2008, 03:59 AM Post #18
Member Avatar
Coach
Posts:
3,218
Group:
Members
Member
#21
Joined:
February 5, 2008
"I'm starting to think that you don't even research anything you hear Lars."-hoosier faithful

ding, ding, ding. we have our winner. see his previous arguments concerning how our economic system works. :banghead:
Posted Image
"The illegal we do immediately. The unconstitutional takes a little longer."--Henry Kissinger
"What luck for rulers that men do not think."- Adolph Hitler
"Terrorists don't want your freedoms--they want your life. It's dictators and tyrants who want your freedoms."-author unidentified
Offline Profile Quote Post Goto Top
 
troubleatiu Sep 26 2008, 04:00 AM Post #19
Member Avatar
Coach
Posts:
3,218
Group:
Members
Member
#21
Joined:
February 5, 2008
"Frankly, aaron, at this point all you do is bore me. At least the Paulites understand the issues."-brumdog

first runner-up goes to brum.
Posted Image
"The illegal we do immediately. The unconstitutional takes a little longer."--Henry Kissinger
"What luck for rulers that men do not think."- Adolph Hitler
"Terrorists don't want your freedoms--they want your life. It's dictators and tyrants who want your freedoms."-author unidentified
Offline Profile Quote Post Goto Top
 
Mr Gray Sep 26 2008, 10:35 AM Post #20
Member Avatar
Coach
Posts:
16,503
Group:
Members
Member
#26
Joined:
February 5, 2008
brumdog44
Sep 25 2008, 11:41 PM
aaronk2727
Sep 25 2008, 09:40 PM
brumdog44
Sep 25 2008, 09:04 PM
But while I'm here, let me ask you this: does the Bible mention McCain and Able riding dinosaurs?
You've done a lot better than that in terms of humor brum....I'm a little disappointed. The bible does mention dinosaurs by the way, so either God exists and has existed long enough to know about them (which would contradict your atheist thinking), or dinosaurs walked with man. Either way, you will come back with a smart remark to end the thread and move on to another subject.
Frankly, aaron, at this point all you do is bore me. At least the Paulites understand the issues.

I'm man enough to say that I don't know everything. Should I follow your example and make posts showing everybody that I don't? You are obviously out of your depth.
To say that I don't understand the issues is a joke. The issues that I post on, I either have a firm understanding of, or post questions to help gain an understanding. I am very weak in foreign policy, therefore either stay away from those threads, or ask questions. I am very very well versed in the economy and social issues, which is where I spend my time. You tend to stay away from any issue that proves a point for conservatives and/or shows a weakness in liberal philosophy. That is typically when you show up with dinosaur or abortion comments.
Posted Image
The body knows what fighters don't: how to protect itself. A neck can only twist so far. Twist it just a hair more and the body says, "Hey, I'll take it from here because you obviously don't know what you're doing... Lie down now, rest, and we'll talk about this when you regain your senses." It's called the knockout mechanism.
Offline Profile Quote Post Goto Top
 
Mr Gray Sep 26 2008, 10:36 AM Post #21
Member Avatar
Coach
Posts:
16,503
Group:
Members
Member
#26
Joined:
February 5, 2008
troubleatiu
Sep 26 2008, 04:00 AM
"Frankly, aaron, at this point all you do is bore me. At least the Paulites understand the issues."-brumdog

first runner-up goes to brum.
trouble, what issue do you disagree with me on, or do you think I am uneducated in?
Posted Image
The body knows what fighters don't: how to protect itself. A neck can only twist so far. Twist it just a hair more and the body says, "Hey, I'll take it from here because you obviously don't know what you're doing... Lie down now, rest, and we'll talk about this when you regain your senses." It's called the knockout mechanism.
Offline Profile Quote Post Goto Top
 
yawnzzz Sep 26 2008, 10:39 AM Post #22
Member Avatar
Coach
Posts:
4,964
Group:
Members
Member
#58
Joined:
February 6, 2008
HoosierLars
Sep 25 2008, 10:33 PM
It looks like you get a little defensive when your guy is getting beaten on an issue. It's a fact that McCain was on the record saying we needed to reform Freddy and Fannie, or we would have serious problems. I posted links to support McCain's quotes and my campaign contribution numbers. (You posted some NY Times info that allegedly says McCain and Obama took similar contributions--fine.) It's a fact that Dodd and Frank opposed the legislation. It's highly likely that Obama was going along with the Democratic leadership, or wasn't even present because he was busy multitasking, running for President. I'm about 99% certain he went along because he's a left-leaning Democrat, and would have supported giving loans to those who can't afford it, in the name of fairness.

Now you call me out for not proving Obama was outwardly against the bill? Show me any proof that he was doing ANYTHING to support the bill. Otherwise, just STFU and admit that McCain has a better record on supporting mortgage reform.

EDIT: What 2003 link did I post? I posted stuff 2005 and later.
I get defensive when someone doesn't know how to debate. I've shown you that McCain joined the bandwagon AFTER all of the information was discovered. It was too late by this point. It had already happened. The fallout is happening now, but the problem already existed and was well published prior to McCain ever supporting this legislation. That would be like me saying that Oregon State is going to beat USC. It already happened. All he did was sign his name to a bill that already failed, so that it looked like he was part of the original legislation. Hagel deserves credit. McCain deserves none.

Your hypothesis that I must prove Obama supported the legislation is completely idiotic. Prove to me that McCain doesn't like sleeping with children. Do you have a quote from him saying that he dislikes sleeping with children? If not, then it must be true. That's as stupid as you sound.

By the way, that Kansas City Article is full of nothing but quotes from a 2003 article.
Offline Profile Quote Post Goto Top
 
HoosierLars Sep 26 2008, 01:01 PM Post #23
Member Avatar
3 in a row
Posts:
22,921
Group:
Members
Member
#20
Joined:
February 5, 2008
Hoosier_Faithful_07
Sep 26 2008, 10:39 AM
HoosierLars
Sep 25 2008, 10:33 PM
It looks like you get a little defensive when your guy is getting beaten on an issue. It's a fact that McCain was on the record saying we needed to reform Freddy and Fannie, or we would have serious problems. I posted links to support McCain's quotes and my campaign contribution numbers. (You posted some NY Times info that allegedly says McCain and Obama took similar contributions--fine.) It's a fact that Dodd and Frank opposed the legislation. It's highly likely that Obama was going along with the Democratic leadership, or wasn't even present because he was busy multitasking, running for President. I'm about 99% certain he went along because he's a left-leaning Democrat, and would have supported giving loans to those who can't afford it, in the name of fairness.

Now you call me out for not proving Obama was outwardly against the bill? Show me any proof that he was doing ANYTHING to support the bill. Otherwise, just STFU and admit that McCain has a better record on supporting mortgage reform.

EDIT: What 2003 link did I post? I posted stuff 2005 and later.
I get defensive when someone doesn't know how to debate. I've shown you that McCain joined the bandwagon AFTER all of the information was discovered. It was too late by this point. It had already happened. The fallout is happening now, but the problem already existed and was well published prior to McCain ever supporting this legislation. That would be like me saying that Oregon State is going to beat USC. It already happened. All he did was sign his name to a bill that already failed, so that it looked like he was part of the original legislation. Hagel deserves credit. McCain deserves none.

Your hypothesis that I must prove Obama supported the legislation is completely idiotic. Prove to me that McCain doesn't like sleeping with children. Do you have a quote from him saying that he dislikes sleeping with children? If not, then it must be true. That's as stupid as you sound.

By the way, that Kansas City Article is full of nothing but quotes from a 2003 article.
Thanks for helping me make my point about the Dems being obstructionists when Repubs wanted to reign in Freddy and Fannie. Those Dem quotes I posted were from 2003 (thanks for pointing that out!), back when it would have been possible to avert much of the current fiasco:
http://voices.kansascity.com/node/2155
In a New York Times article published September 11, 2003, The Times reported that indeed it was Bush who wanted more and tighter regulation. It was Bush who saw the problems in the future and proposed legislation to head off these problems with Democrats fighting against it.

And back to my original point about McCain warning of dire consequences back in 2005, when the problem was obvious according to you. Why wasn't it obvious to the Democratic leaders and Obama? I'll answer that for you. It was because Obama, like all liberal Democrats, is "compassionate," and making decisions based on emotion instead of logic and facts usually leads to serious problems. And maybe they were also on the take...
Posted Image
Offline Profile Quote Post Goto Top
 
dreachon Sep 26 2008, 01:31 PM Post #24
Member Avatar
Creative Title Here
Posts:
24,077
Group:
Members
Member
#148
Joined:
February 10, 2008
Woah, just saw this thread. I neevr read it earlier because from the title I thought it was about a new act being proposed and frankly I know nothing of federal housing reform. I don't read EVERY thread on the politics board so just because I don't respond doesn't mean there's no counterargument to your point.

Of course upon reading through the thread it seems Faithful has a better grasp on all of this than anybody. I especially enjoyed the part about "proving Obama supported the bill", and faithful came back with "prove McCain doesn't like sleeping with children". That is funny because it is an EXACT match to my "prove McCain doesn't have a miniature magical dragon living inside his body" comment from an earlier thread. Funny stuff.

As for the actual content of the thread, like I said, not my area of expertise. I think it's a positive for McCain that he signe don the bill, even if it was too late at that point. Better late then never I guess.
Posted Image
Offline Profile Quote Post Goto Top
 
HoosierLars Sep 26 2008, 02:28 PM Post #25
Member Avatar
3 in a row
Posts:
22,921
Group:
Members
Member
#20
Joined:
February 5, 2008
dreachon
Sep 26 2008, 01:31 PM
Of course upon reading through the thread it seems Faithful has a better grasp on all of this than anybody.
Really? What impressed you more, his assertion that "everyone knew we were in trouble by 2005" when leading Democrats said there wasn't a problem, or the fact that Obama isn't on the record having anything to do with supporting Freddie and Fannie reformin 2005 and 2006? Obama either sided with his Democratic leadership, or was too busy running for President.

Maybe you liked how he pointed out that some of my quotes were from 2003, the ones where leading Democrats were saying there wasn't any problem when Bush was pushing for more reform? This was back when reform could have actually avoided the current crisis.

The ObamaNation and Democrats are thoroughly owned on this thread, and I'm not going to let you weasel out of it. It's interesting how Faithful is supposedly more of a conservative, yet he always spends great effort to defend Obama. My only explanation is he likes to debate, and enjoys the challenge of taking the losing argument.
Posted Image
Offline Profile Quote Post Goto Top
 
yawnzzz Sep 26 2008, 04:13 PM Post #26
Member Avatar
Coach
Posts:
4,964
Group:
Members
Member
#58
Joined:
February 6, 2008
HoosierLars
Sep 26 2008, 02:28 PM
dreachon
Sep 26 2008, 01:31 PM
Of course upon reading through the thread it seems Faithful has a better grasp on all of this than anybody.
Really? What impressed you more, his assertion that "everyone knew we were in trouble by 2005" when leading Democrats said there wasn't a problem, or the fact that Obama isn't on the record having anything to do with supporting Freddie and Fannie reformin 2005 and 2006? Obama either sided with his Democratic leadership, or was too busy running for President.

Maybe you liked how he pointed out that some of my quotes were from 2003, the ones where leading Democrats were saying there wasn't any problem when Bush was pushing for more reform? This was back when reform could have actually avoided the current crisis.

The ObamaNation and Democrats are thoroughly owned on this thread, and I'm not going to let you weasel out of it. It's interesting how Faithful is supposedly more of a conservative, yet he always spends great effort to defend Obama. My only explanation is he likes to debate, and enjoys the challenge of taking the losing argument.
Your lack of reading comprehension is what's getting you into trouble. McCain's comments are from 2006, not 2005. 2005 is when this was originally proposed. That's only one year, but the difference is huge because McCain never commented or joined the bill until the results of the investigation were complete. This is like predicting OSU beating USC on Sunday versus today. It's only a week, but there's a lot more people willing to pick OSU today.

It's pretty funny how you spun that into a positive that you had no clue what your main article of reference even referred to. What democrats said in 2003 has nothing to do with Obama as much as what Strom Thurman was saying back than has to do with McCain. You've got nothing, and you know it.

By the way, anyone that knows me personally knows I'm very conservative. The difference is that I'm sick of seeing you get away with posting falsehoods as truths. I'd attack NLA's comments as well if you and Aaron weren't doing a good job of it.
Offline Profile Quote Post Goto Top
 
troubleatiu Sep 26 2008, 09:03 PM Post #27
Member Avatar
Coach
Posts:
3,218
Group:
Members
Member
#21
Joined:
February 5, 2008
aaronk2727
Sep 26 2008, 10:36 AM
troubleatiu
Sep 26 2008, 04:00 AM
"Frankly, aaron, at this point all you do is bore me. At least the Paulites understand the issues."-brumdog

first runner-up goes to brum.
trouble, what issue do you disagree with me on, or do you think I am uneducated in?
my bad aaron. it was the "at least the paulites understand the issues" part that i was refering to. i copied the entire sentence. my apologies.
Posted Image
"The illegal we do immediately. The unconstitutional takes a little longer."--Henry Kissinger
"What luck for rulers that men do not think."- Adolph Hitler
"Terrorists don't want your freedoms--they want your life. It's dictators and tyrants who want your freedoms."-author unidentified
Offline Profile Quote Post Goto Top
 
HoosierLars Sep 29 2008, 03:02 PM Post #28
Member Avatar
3 in a row
Posts:
22,921
Group:
Members
Member
#20
Joined:
February 5, 2008
Hoosier_Faithful_07
Sep 26 2008, 04:13 PM
HoosierLars
Sep 26 2008, 02:28 PM
dreachon
Sep 26 2008, 01:31 PM
Of course upon reading through the thread it seems Faithful has a better grasp on all of this than anybody.
Really? What impressed you more, his assertion that "everyone knew we were in trouble by 2005" when leading Democrats said there wasn't a problem, or the fact that Obama isn't on the record having anything to do with supporting Freddie and Fannie reformin 2005 and 2006? Obama either sided with his Democratic leadership, or was too busy running for President.

Maybe you liked how he pointed out that some of my quotes were from 2003, the ones where leading Democrats were saying there wasn't any problem when Bush was pushing for more reform? This was back when reform could have actually avoided the current crisis.

The ObamaNation and Democrats are thoroughly owned on this thread, and I'm not going to let you weasel out of it. It's interesting how Faithful is supposedly more of a conservative, yet he always spends great effort to defend Obama. My only explanation is he likes to debate, and enjoys the challenge of taking the losing argument.
Your lack of reading comprehension is what's getting you into trouble. McCain's comments are from 2006, not 2005. 2005 is when this was originally proposed. That's only one year, but the difference is huge because McCain never commented or joined the bill until the results of the investigation were complete. This is like predicting OSU beating USC on Sunday versus today. It's only a week, but there's a lot more people willing to pick OSU today.

It's pretty funny how you spun that into a positive that you had no clue what your main article of reference even referred to. What democrats said in 2003 has nothing to do with Obama as much as what Strom Thurman was saying back than has to do with McCain. You've got nothing, and you know it.

By the way, anyone that knows me personally knows I'm very conservative. The difference is that I'm sick of seeing you get away with posting falsehoods as truths. I'd attack NLA's comments as well if you and Aaron weren't doing a good job of it.
So the bill was introduced in 2005, and McCain was on the record co-sponsoring the bill in 2006. My original question is still valid, "Where was Obama?" I'm still surprised that you turned your accuracy meter up to full power to call me out on this discrepancy. Maybe you can provide the exact dates and times to round out your argument.

And regarding the 2003 Dem quotes saying we had no mortgage problem, that is very relevant to today's discussion when Dems are trying to blame everything on Bush and the Repubs, and then tying McCain to that alleged blame. Bush and the Repubs were taking the lead in 2003 trying to reform the system, while Dems were obstructing and saying there was no problem. If Obama is elected, you can expect the brain trust of Dodd and Frank to still have their power.
Posted Image
Offline Profile Quote Post Goto Top
 
yawnzzz Sep 29 2008, 05:12 PM Post #29
Member Avatar
Coach
Posts:
4,964
Group:
Members
Member
#58
Joined:
February 6, 2008
HoosierLars
Sep 29 2008, 03:02 PM
So the bill was introduced in 2005, and McCain was on the record co-sponsoring the bill in 2006. My original question is still valid, "Where was Obama?" I'm still surprised that you turned your accuracy meter up to full power to call me out on this discrepancy. Maybe you can provide the exact dates and times to round out your argument.

And regarding the 2003 Dem quotes saying we had no mortgage problem, that is very relevant to today's discussion when Dems are trying to blame everything on Bush and the Repubs, and then tying McCain to that alleged blame. Bush and the Repubs were taking the lead in 2003 trying to reform the system, while Dems were obstructing and saying there was no problem. If Obama is elected, you can expect the brain trust of Dodd and Frank to still have their power.
I've had to repeat myself several times because you fail to comprehend what I've been saying since my FIRST post where I told you the exact dates. The bill meant nothing when McCain joined. It was already dead. Then a report came out proving the bill correct, and he joined. The bill wasn't going anywhere when he joined, so it appears to be only for political purposes. McCain is nowhere to be found on the 2007 version of the bill, which is sponsored by Hagel as well. If you want to give someone credit, then Hagel deserves it, but McCain deserves none.

As for Obama, I'm not sure why I have to defend him. He's done nothing to dislike or like that I've read or that you've provided. You keep trying to link him to what other Democrats say, which is ridiculous. If you want to play that game, then McCain should have every comment made by George W. Bush and Strom Thurman stuck to him. It doesn't work that way.
Offline Profile Quote Post Goto Top
 
HoosierLars Sep 29 2008, 06:22 PM Post #30
Member Avatar
3 in a row
Posts:
22,921
Group:
Members
Member
#20
Joined:
February 5, 2008
Hoosier_Faithful_07
Sep 29 2008, 05:12 PM
As for Obama, I'm not sure why I have to defend him. He's done nothing to dislike or like that I've read or that you've provided. You keep trying to link him to what other Democrats say, which is ridiculous. If you want to play that game, then McCain should have every comment made by George W. Bush and Strom Thurman stuck to him. It doesn't work that way.
If that is true, why are the Democrats, Obama, and his surrogates spending so much time trying to say Bush=McCain?
Posted Image
Offline Profile Quote Post Goto Top
 
1 user reading this topic (1 Guest and 0 Anonymous)
ZetaBoards - Free Forum Hosting
Create your own social network with a free forum.
Learn More · Register for Free
Go to Next Page
« Previous Topic · Politics · Next Topic »
Add Reply
  • Pages:
  • 1
  • 2
  • 3

Track Topic · E-mail Topic Time: 2:36 PM Jul 11
Hosted for free by ZetaBoards · Privacy Policy