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Financial Crisis - Subprime lending; Take an objective look at this video
Tweet Topic Started: Oct 5 2008, 09:51 PM (230 Views)
eelbor Oct 9 2008, 09:15 AM Post #16
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HoosierLars
Oct 9 2008, 12:23 AM
dreachon
Oct 8 2008, 11:32 PM
Come on now, it's not like you guys post on every thread started by a dem. Just because no one posted doesn't mean we ignore it. It's possible that we found this video really fucking annoying with its techno symphony background music.

I remember seeing a post by someone that listed everyone who was against more regulations and there were a lot of repub senators on there. I didn't see anyone respond to that.

Fact: Repubs controlled the senate
Fact: There were dems who wanted more regulations
Fact: There were repubs who did not want more regulations.
Fact: In a republican controlled senate, we did not get more regulations.

So dems AND repubs are to blame. They all fucked it up. Why is that so hard for you repubs to admit? Just about every dem on this board has said that we hold some responsibility, but you guys refuse to accept any responsibility. And you wonder why this past Presidency has been a complete and total failure. You guys just take after your leader...
In 2006 every republican on the committee voted to increase the regulations on Fannie and Freddy, and every Dem voted against the bill. So the Dems deserve much more than half the blame, yet Obama keeps talking about the problem being Bush's and McCain's fault.
You missed a few things Lars. Federal Housing Enterprise Regulatory Reform Act of 2005 was Introduced to the 109th Senate on Jan 26, 2005, it was also Reported by Committee Jul 28, 2005. The Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably on Jul 28, 2005. This means it passed committee after the committee made major changes and could be reported and scheduled for a vote. It was referred to Rick Santorum. It was never scheduled in 2005. Why?

Katrina
Bush
and Greenspan.

The 109th Senate had 55 Republicans , 44 Democrats, and 1 Independant.

This is one of my biggest gripes with the Republicans. They held the House by roughly 230-200(there were vacancies throughout the 109th congress), they held the Senate, and they held the presidency. They could have have enacted spending reforms and worked on what what important to the fiscal conservative base, but they didn't.

The GOP was once effective at controlling nondefense spending, in fact in Reagan's first term it SHRUNK 9.7%. The final nondefense budgets under Clinton were a combined $57 billion smaller than what Clinton proposed from 1996 to 2001 (Democratic Pres, Republican Senate, also a republican House for the 104th Congress).

Under Bush, Congress passed budgets that spent a total of $91 billion more than the president requested for domestic programs. In 2005, the 101 largest programs they vowed to eliminate in 1995 has grown by 27 percent. Government spending in terms of a % of the GDP - was 18.5% when Bush II took power and has boomed to 20%.

The republicans decided to pander to the Social Conservatives, and it has already cost them the House and the Senate and soon it will cost them the Presidency. Yes there is a lot more going on than just this affecting the election, but the Republican's set themselves up for what is coming.




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"Liberal, shmiberal. That should be a new word. Shmiberal: one who is assumed liberal, just because he's a professional whiner in the newspaper. If you'll read the subtext for many of those old strips, you'll find the heart of an old-fashioned Libertarian. And I'd be a Libertarian, if they weren't all a bunch of tax-dodging professional whiners." - Berkeley Breathed


Meat is Murder. Sweet, delicious murder.
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HoosierLars Oct 9 2008, 09:56 AM Post #17
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Good post Eel. You make a good case why Obama should win and make the country go through more Carter-like pain. It's still ridiculous that Obama is making political hay over the mortgage crisis.
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eelbor Oct 9 2008, 10:01 AM Post #18
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Not my point at all. I think my point is that neither side is blameless. The republicans need to stop SAYING they are the party of fiscal responsibility and start acting like it. If the republicans can get a good fiscally conservative candidate for 2012, I will vote for them. It is not so much that I dislike McCain, he just isn't the right man for the job. Neither is Obama, but that is for another post. I agree that the Obama camp is getting way too much political windfall out of this mess.
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"Liberal, shmiberal. That should be a new word. Shmiberal: one who is assumed liberal, just because he's a professional whiner in the newspaper. If you'll read the subtext for many of those old strips, you'll find the heart of an old-fashioned Libertarian. And I'd be a Libertarian, if they weren't all a bunch of tax-dodging professional whiners." - Berkeley Breathed


Meat is Murder. Sweet, delicious murder.
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HoosierLars Oct 9 2008, 10:09 AM Post #19
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eelbor
Oct 9 2008, 10:01 AM
Not my point at all. I think my point is that neither side is blameless. The republicans need to stop SAYING they are the party of fiscal responsibility and start acting like it. If the republicans can get a good fiscally conservative candidate for 2012, I will vote for them. It is not so much that I dislike McCain, he just isn't the right man for the job. Neither is Obama, but that is for another post. I agree that the Obama camp is getting way too much political windfall out of this mess.
Sorry, I was basically agreeing with your analysis, and saying the country may need to go downhill enough to lead to another '94 election. I would prefer to idle along under a McCain presidency, but that might just put off the inevitable pain.
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Cattman96 Oct 9 2008, 10:19 AM Post #20
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There seems to be an issue that no one thinks either candidate is a good one for the job. In this case my analogy would be, If I need open heart surgery would I want a DR that has done a thousand surgeries or a resident who has taken a couple years off the job to tell everyone why he is the most qualified. Maybe be to simplistic, but makes sense to me.
The nine scariest words in the english language. " I'm with the government and I'm here to help" - Ronald Reagan
"When the people find they can vote themselves money, that will herald the end of the republic." -Benjamin Franklin
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eelbor Oct 9 2008, 10:24 AM Post #21
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How old are you Lars? You remember the Contract with America and Newt? Clinton was slime, but having a Republican House and Senate with a Dem president was not all that bad a thing. Sure a truly conservative president for the last eight years might have been a better thing, but we are stuck with what we got. This election is over in all but name, but I am willing to predict now control of the Senate will return to the GOP in 2010, followed by the house in 2012.
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"Liberal, shmiberal. That should be a new word. Shmiberal: one who is assumed liberal, just because he's a professional whiner in the newspaper. If you'll read the subtext for many of those old strips, you'll find the heart of an old-fashioned Libertarian. And I'd be a Libertarian, if they weren't all a bunch of tax-dodging professional whiners." - Berkeley Breathed


Meat is Murder. Sweet, delicious murder.
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HoosierLars Oct 9 2008, 10:35 AM Post #22
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eelbor
Oct 9 2008, 10:24 AM
How old are you Lars? You remember the Contract with America and Newt? Clinton was slime, but having a Republican House and Senate with a Dem president was not all that bad a thing. Sure a truly conservative president for the last eight years might have been a better thing, but we are stuck with what we got. This election is over in all but name, but I am willing to predict now control of the Senate will return to the GOP in 2010, followed by the house in 2012.
I'm 43, a little older than Brumdog and Jazen. So I remember those days clearly (as long as I take my medication.) Clinton's biggest two accomplishments, balancing the budget and welfare reform were the product of the Republican Congress. Both items were on what Dems called "The Contract ON America."
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dreachon Oct 9 2008, 11:23 AM Post #23
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Oct 9 2008, 10:19 AM
There seems to be an issue that no one thinks either candidate is a good one for the job. In this case my analogy would be, If I need open heart surgery would I want a DR that has done a thousand surgeries or a resident who has taken a couple years off the job to tell everyone why he is the most qualified. Maybe be to simplistic, but makes sense to me.
I think the 72 year old doctor probably has the shakes! I'm goin with the younger guy :)

Simplistic analogies really won't get us anywhere. If I'm trying to turn around my loser football team and build for the future am I going with the 15 year vet at QB or the #1 draft pick? There's just so many analogies we could both come up with that we would never get anywhere.
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hoosierinhogville Oct 9 2008, 11:31 AM Post #24
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HoosierLars
Oct 9 2008, 10:09 AM
I would prefer to idle along under a McCain presidency, but that might just put off the inevitable pain.
I think you might be onto something here Lars. It is something I have been thinking about for the last few days, and if I get the time, and have the initiative, I will make a thread on it later so you guys can ridicule my thought process some more.
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eelbor Oct 9 2008, 11:35 AM Post #25
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Quote:
 
There seems to be an issue that no one thinks either candidate is a good one for the job. In this case my analogy would be, If I need open heart surgery would I want a DR that has done a thousand surgeries or a resident who has taken a couple years off the job to tell everyone why he is the most qualified. Maybe be to simplistic, but makes sense to me.


If you need sex, are you going to my worn out 52 year old cleaning lady, or her 18year old daughter?

boff

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"Liberal, shmiberal. That should be a new word. Shmiberal: one who is assumed liberal, just because he's a professional whiner in the newspaper. If you'll read the subtext for many of those old strips, you'll find the heart of an old-fashioned Libertarian. And I'd be a Libertarian, if they weren't all a bunch of tax-dodging professional whiners." - Berkeley Breathed


Meat is Murder. Sweet, delicious murder.
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Cattman96 Oct 9 2008, 11:36 AM Post #26
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eelbor
Oct 9 2008, 11:35 AM
Quote:
 
There seems to be an issue that no one thinks either candidate is a good one for the job. In this case my analogy would be, If I need open heart surgery would I want a DR that has done a thousand surgeries or a resident who has taken a couple years off the job to tell everyone why he is the most qualified. Maybe be to simplistic, but makes sense to me.


If you need sex, are you going to my worn out 52 year old cleaning lady, or her 18year old daughter?

boff

Well in those terms, you got a point.
The nine scariest words in the english language. " I'm with the government and I'm here to help" - Ronald Reagan
"When the people find they can vote themselves money, that will herald the end of the republic." -Benjamin Franklin
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Cattman96 Oct 9 2008, 11:38 AM Post #27
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dreachon
Oct 9 2008, 11:23 AM
Cattman96
Oct 9 2008, 10:19 AM
There seems to be an issue that no one thinks either candidate is a good one for the job. In this case my analogy would be, If I need open heart surgery would I want a DR that has done a thousand surgeries or a resident who has taken a couple years off the job to tell everyone why he is the most qualified. Maybe be to simplistic, but makes sense to me.
I think the 72 year old doctor probably has the shakes! I'm goin with the younger guy :)

Simplistic analogies really won't get us anywhere. If I'm trying to turn around my loser football team and build for the future am I going with the 15 year vet at QB or the #1 draft pick? There's just so many analogies we could both come up with that we would never get anywhere.
I got what you're saying but the #1 pick you have there didn't play high school and was a mediocre college player.
The nine scariest words in the english language. " I'm with the government and I'm here to help" - Ronald Reagan
"When the people find they can vote themselves money, that will herald the end of the republic." -Benjamin Franklin
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eelbor Oct 9 2008, 11:38 AM Post #28
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By the way, welcome to the political forums CattMan. This is the most fun you can have online until Basketball season starts.
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"Liberal, shmiberal. That should be a new word. Shmiberal: one who is assumed liberal, just because he's a professional whiner in the newspaper. If you'll read the subtext for many of those old strips, you'll find the heart of an old-fashioned Libertarian. And I'd be a Libertarian, if they weren't all a bunch of tax-dodging professional whiners." - Berkeley Breathed


Meat is Murder. Sweet, delicious murder.
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Cattman96 Oct 9 2008, 11:40 AM Post #29
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eelbor
Oct 9 2008, 11:38 AM
By the way, welcome to the political forums CattMan. This is the most fun you can have online until Basketball season starts.
Thanks man. This is pretty cool.
The nine scariest words in the english language. " I'm with the government and I'm here to help" - Ronald Reagan
"When the people find they can vote themselves money, that will herald the end of the republic." -Benjamin Franklin
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HoosierLars Oct 9 2008, 11:43 AM Post #30
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hoosierinhogville
Oct 9 2008, 11:31 AM
if I get the time, and have the initiative, I will make a thread on it later so you guys can ridicule my thought process some more.
It never gets old. :D :cheers:
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