And banks didn't have a choice?
Posted By: sm on 2009-02-07
In Reply to: Hug the former administration? I'm no - No Kool-Aid drinker
They loaned money to people to buy McMansions that they could not afford - on purpose. The housing industry was booming. That way, they could forclose on these bad loans - keep the down payments and subsequent payments and resell the house. They were trading paper. Maybe you ought to educate yourself. Nah. Too far of a stretch. After all, the constitution-abiding president who just slunk off with his tail between his legs wasn't at all concerned about civil rights or the constitution. He was playing monopoly and destroying everything in his path - like rich, spoiled little boys do. You know, the ones who go AWOL from their service and receive no punishment. He probably still suckles grandma Barbara.
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she didn't have a choice....stepfather owned everything
--
I don't feel the need to make the choice. It's a child, not a choice. n/t
.
Banks
Out of 10,800 banks in this country, only .5% of 1% of the banks failed...............
which means Obama should have left it all alone. If he truly had people around him that cared about this country, they would have informed him to let the banks fail, that there were plenty of strong ones out there and he should just let the chips fall where they may.
He has stuck this country to the tune of trillions and we will be paying the price big time in a year or so when the inflation boom hits...... he preyed on fear, knowing so many would just think he suddenly knows the best thing to do. The best thing to do was nothing. Private companies fail all the time and the stronger ones survive. Simple as that. Strong ones buy out the weaker ones. That would have happened with no interference from the governement at all, as usual! Just like all the car manufacturers aren't failing. Fiat is looking at buying Saturn..... and life goes on. Private businesses should always be left alone.
The only reason AIG got such a big bailout is because many democratic friends of Obama and his cronies work there.... the names aren't that hard to find but you have to look for who knows who to start getting the picture. Such a pathetic shame!
And if the gov't had not deregulated banks,
brought about by pubs.
Deregulation of what, may I ask? Banks,
Two more banks go belly up..... sm
bringing the total to 19 failed banks now. 
http://money.cnn.com/2008/11/07/news/companies/bank_failure/index.htm?postversion=2008110721&eref=rss_topstories
don;t forget foreign banks
successfully lobbied to be included in this bailout. (John McCain's financial advisor Phil Gram is head of USB, Swiss bank)
And government ownership of banks.
x
it is called "job banks" and -
http://www.foxnews.com/politics/2008/11/21/automakers-ask-bailout-paying-workers-sit/
Here's the link to read all the information. They can do volunteer work for the community if they want to - but it is not required. Mostly they just sit there and collect the $31 an hour.
It should be $$ for banks, big oil and wall street, right?
x
Oh, I get it. Kinda like the bailed out banks
I feel so much better now.
How many mortgages got sold to other banks?
Look at the big picture. They were selling houses to anyone who would sign on the dotted line - they did not give a fig whether or not you could afford it. They then boxed up a pile of these mortgages and sold them to other banks or mortgage companies with the premise - here's a box of rocks, there's gotta be a diamond in there somewhere. They WANTED these mortgages to fail. The housing market was booming - take the down payment, pass the mortgage around - foreclose on hapless patsies - and resell the house. They were MAKING MONEY OFF OF DOING THIS!!! But, they got greedy, and that box held all rocks and no diamonds. They screwed themselves as well as the American people who fell for this sham. But who is going to suffer the most?
That happened when the **banks got drunk**
//
This is truly socialism. These banks and rich Wall
Street types would be crying out if they gov't did this for the people, but they are begging for the help now. They had better come up with a plan that includes not big pay days for CEOs, etc. I was watching The View and Whoppi said they need to include something for the people, like wiping out half of the mortgages so the actual people who will benefit the economy, i.e. us because we spend money here in the U.S. can get back on our feets and go out and put some money back in the economy and not have to worry about losing a home, etc. I totally agree with that, but I can pretty much guarantee that will not happen.
Marx: Centralize credit in the banks.
private property. Right any bells?
How about Bush's plan of buying banks?
What's that called?
A Quiet Windfall for US Banks (While You Weren't Looking)
Here's you starter-kit that went under the radar screen, tax and spend lovers...
» Washington Post: A Quiet Windfall for US Banks
Who gave the banks all that money with no oversight?
This site would be much more interesting if you knew what you were talking about. You'll be sniveling in the bread lines along with the rest of us as a result of Bush's "I'm the Decider" BS. Better add some vodka to that Kool-Aid - it's going to be a miserable ride.
Same with the banks - they've lost MY business,
- if EVER. Take my Mastercard, for instance. Been a loyal customer, same bank for 30 years, yada, yada. Always make my payments, often in full, and other times way over the minimum. Never late, my checks don't bounce. So they raise my finance charges from 9% to 29% in one fell swoop!
Needless to say, that's it for me. I cleaned out my bank savings (which was only earning about .02% interest), and paid off the Mastercard with it. Will close the account. Now that there are checking account debit-cards, who needs the charge card? Plus it'll keep me from spending more than I have. In a dire emergency, I can always siphon a little out of my money market (which still earns something like 4-5% interest) to pay for emergencies in FULL, without running up credit card fees. So, there goes part of the banks' income!
If all of us rearranged our finances in such a way that we pay NO fees or finance charges, maybe the banks would have to find an HONEST way to make a profit. Wouldn't THAT be a revelation.
She said ACORN bullied banks into giving the loans....
she just said Obama was associated with them. ACORN did bully banks, and Obama WAS associated with them, through Project Vote. He trained the ACORN folks how to get out and get people registered, hired them to work on his senate campaign, and ACORN endorsed him. And they are under investigation for voter fraud in ALL the swing states. Admitted in Ohio today: yes, there will be fraud, its not our fault, we can't check every registration. Sounds like "He was just a guy in the neighborhood" excuse. Looks like he taught them well.
This guy is so dirty.
If socialism doesn't work - then why did W give the banks all that $$?
nm
Bush made Wall St Socialist and our banks so why do you even bother
We have socialism now but it's not the poor you blinded bigot.
"Evil" is George Bush, Wall Street, the Banks,
NM
Your precious Bush turned Wall St socialist and the banks TRUE
you voted for him and look what happened SOCIALISM by BUSH
I didn't miss any part and didn't say...
anything either way. I just posted a link.
Choice
The three posters chose not to post anymore. No one ran them off.
Pro-Choice
I am pro-choice and here is why. My dad was a big city cop before Roe v. Wade. He told me true stories of woman dying from botched illegal abortions. Many times, they found women who had bled to death because they tried to abort the babies themselves with coat hangers. Other times, they found women dead from sepsis. This was in the days before ambulances when the cops answered all the medical calls.
He was anti-abortion but seeing all these dead young woman haunted him. He saw a lot of awful, gruesome stuff where he worked and eventually became somewhat hardened to it, but these cases he could never forget.
I am not pro-abortion but it is going to happen. It can either be legal and somewhat safe, or illegal and dangerous.
my choice
would be change with demonstrated ability to appreciate the complexity of situations and the willingness to listen to all views on the subject. precisely why I am an ardent Obama supporter.
Again, for those of you who are pro-choice...
and against hunting, fishing, etc, could you please explain the difference between killing something for food or because it is a menace to livestock as opposed to killing a child because it's not the right time for a baby, oops I got pregnant by "accident", oops I don't want children, etc. Again, it is rather ironic that one can be selective in their definition of killing.
whose choice?
seriously, where do you draw the line? i mean a 2-year-old is not old enough to make a "choice" of life or death, so you think it's okay to rid of them too?
choice
I do not think there is a person on here who is in favor of 3rd trimester abortion, etc. The thing is folks, that if abortion is abolished, it not only effects those who haven't learned of birth control use (and I don't feel sorry for them) but those in real need such as rape victims, maternal distress, etc. That is the trouble here, you can't do away with abortions entirely, though a lot of people have abused it. We don't need women resorting to butchers as they did in the past. Look, if someone is wanting one, they are going to have it, legal or not. We have to make it the same as any other medical procedure in this country.. you see your doctor, you make arrangements for the procedure to be done in the hospital through a referral.
what choice
When Obama wins, the repubs will no choice but to accept that fact. I cant wait to get out of the Bush admin and have a change. The last eight years has sunk our country.
There is another choice.....sm
for president. Check out Chuck Baldwin and the Constitutional Party. Warning: He is VERY conservative, so all you liberals need not look. ;o)
http://www.baldwin08.com/
Actually under O you will have no choice
The dems are talking about a draft. O has already starting talking about it being a requirment for college students. Yes REQUIRE, not option.
http://kokonutpundits.blogspot.com/2008/11/obamas-new-youth-corp-requirement.html
Going to war is your choice...not ours.
Those who choose to elect war-mongers should be the ones sent to battle. Those who choose to elect peace-loving Presidents should not be forced to serve. That is why there are conscientious objectors.
I think you summed it up when you described the lack of intelligence involved in being the first to enlist.
I don't think we will have any choice. (sm)
As you said, people will do whatever they have to feed thier families. I also think before it's over with, we'll have to get a board for gardening on this site...LOL.
Bad choice, but he had to do it (sm)
IMHO, Obama made a deal with the Clintons in order to get elected and now it's pay up time. Look at all the Clintonites he's got surrounding him - the positions have changed, but all the faces are the same. All we need is Madeline Albright in there somewhere.
It is my choice, and I don't believe it.
Scare tactics are a dime a dozen in religion.
No, I think the choice was hers...(sm)
but that's the point. She had the choice of either having the baby or not, as opposed to being forced into having the baby, which is exactly what outlawing abortion would do.
What exactly do you think Pro Choice is?
Pro Choice means you believe a woman has the right to decide what to do with her body - exactly how do you figure Obama is not Pro Choice?
And he is not saying that women are going to be required to abort their unborn - he is saying they are going to have the right!
That's your choice
and God gives you that right.
Christianity is very much based on fact just as it is on faith. The faith comes from having faith that Jesus' death was sufficient for all. The facts have been shown through archeology and even science.
If the Bible was scrutinized the way other ancient literature has been, it would be found to be true and consistent within itself, but because there is preconceived notions held by those who scrutinize, such as the "fact" that miracles cannot happen, it is believed to be incorrect, myth if you will.
I used to be just like you. I used to think that Christians were rude Bible-thumping bigots who tried to take the corner on Heaven. But when I finally dropped my bias and read the Bible as I would any other book and once I let people actually speak their peace to me, I came to the logical conclusion that Jesus was real, He was the Godman, and He was the Lord. Reading the Bible through you cannot help but notice the consistency and fluidness that runs through it. The OT is the story of the promise God made, and the NT is God fulfilling that promise.
I was not raised in a church, I was not taught about Jesus by my parents. I was not forced to go to Sunday School and I was not forced to be baptized. I made a decision. A decision has to be made with your mind, your emotion and your spirit. It's a three part deal. Many people make emotional decisions and once the emotion is gone, so is the decision. Many people make logical decisions, but the decision is never personal for them, so neither is the relationship with God. Many times the spirit tries to guide someone to the decision, but the person feels logically or emotionally that they cannot.
I may come off as brash because I don't take the "we are all on the same path route" as some do. I would be wrong in doing so, and I would be denying what my Lord explicitly said. To do so would have serious repercussions for me. Therefore, I choose to do what He says and have people not like me, rather than do what people would have me do and deny the One who died for me.
And that is your choice
You choose that belief; I don't. If you want to lead a life ruled entirely by Biblical law, maybe you could all band together and buy an island or something and call it Christganistan. This is a secular country, founded to get away from the idea that there is one true way to live one's life.
The more the so-called tolerant Christians write here, the less difference I see between Radical Islam and Fundamental Christian. It's two sides of the same coin, and it saddens me that this country, founded on principles of individual choice, has seemingly regressed in that regard.
It is NOT a choice.
You keep on with this ridiculous choice bit, but homosexuality is not a choice anymore than being blond or tall or having blue eyes is a choice. It is what the individual is born as.
Sure it's a choice.
God says it is. I believe Him not you. Sorry...
thank you and I like #2 choice. nm..
x
I don't know where they want to go with it, but abortion is a choice..sm
and last time I checked it was not limited to one race. Can that same one prove that more blacks abort than whites? There goes that theory.
A word about choice
I think we have probably said all that we can say on that matter, and we won't agree, but I enjoyed speaking with you.
I just want to add a word about women who support choice. It seems that many people are quick to judge a woman that supports choice, stating that she must have had an abortion or would be willing to have one. I can only speak for myself, a few friends, and family members, but I can tell you that in our case, this it entirely not true. My sister always states that she is, Personally conservative, but politically liberal. I do have a few friends who had had abortions, but I do not believe that I could ever have one myself, and though I would stand by my daughter if that was a choice she made, I would be devastated inside. So, while this is not a choice I would make, I will still support the right to choose for other women. In an ideal world, there would be no unwanted pregnancies, but until there is, I will always stand for choice.
Peace.
A word about choice...
And I enjoy talking with you. It is good to discuss opposing viewpoints without anger and condescencion. We will have to agree to disagree. There is so much more to this than just abortion. As I have said, and as I will continue to say, when we as a nation begin to devalue life at any stage, we are on a slippery slope headed downward. And to start that devaluation with the most innocent and helpless among us...is horrifying to me. The idea of murdering captive child in utero is absolutely horrifying to me. As I said, I will follow the law of the land, and just because some wingnuts have blown up clinics and shot doctors does not mean that all people of faith believe that. I believe it is wrong to do that and I would have no part of that. However, I will continue to call it what I believe it is, and that is murder. And in the end, the women who choose abortion and the doctors who perform them will have to answer for that one day, not to you or me, but to God.
God bless!
It is not our choice who becomes president
Whether we like or dislike someone, vote or not vote for them, they are not elected by the people. I totally understand when people say "so'n'so is not my President. I felt that way when Bill Clinton was in. He campaigned as one person and once he got in the office all the promises he made, all the "changes" he said he'd bring never happened. He was a totally different person than what he campaigned as and therefore he was "not my president". The same was with Hillary. All I kept thinking was great, here we go again...this country is going to be without another president for 4 years. I was hoping for the best and luckily it worked out for the country's best to not have her in there. In actuality the people who have the money control who is put in there. We saw that with the Bush/Gore campaign (even though I'm thankful Gore didn't get in). I highly doubt all of Obama's donations are from people who send in $5 and $10. Although I leaning more towards him over McCain. To call someone names (retarded, hillbilly, etc) is childish and an insult to the people who are actually "special" and hillbillies. Also calling them the antichrist is also another stupid remark put out by people who don't understand. Sure Bush is not among the brightest who have held the office. He should have been impeached a long time ago (but we have the dems Pelosi and others) who stopped that (why I don't know). So, no Bush is not the brightest, he has committed war crimes (IMO). But Clinton was no better. If there was a contest in the worst President I would not be able to decide between the two. Neither of them know or care what the regular person (me and my family and friends) are going through. They don't know we're struggling with paying bills, grocery shopping, paying for gas, etc. Hillary Clinton fortunately is out of the race. I sweated that one. We won't even begin to go into all the lies and crooked campaigning she did. Why people don't remember what it was like when she and Billy were in there I can't understand. Clinton's presidency was the worst ever. Each time a President gets in their the economy gets worse. We end up more in debt as time goes on. So to say its worse with Bush than Clinton, you also have to say it was worse with Clinton than Bush Sr, worse with Bush Sr than Regan, etc, etc. We just go further and further into debt and each campaign are promised that they have a solution to get the debt down. I'm no Bush fan, but one thing that is a fact is that people have been paying lower taxes with Bush than Clinton. I found a fact sheet that showed what people paid for taxes under Bush and what they paid under Clinton. Clinton was awful. It was a dark time for our country. He misrepresented our country and made us look like fools. I counted every day until he left office and then in those last few hours was rewarded with learning how much more crooked he was by giving out pardons like it was candy at a halloween party. I also think Bush is awful, but the country would have been worse off with Gore (the Bore), and Kerry (Mr. Lerch). John McCain would be the worse thing that happened to this country, but I always have to remember...my vote doesn't count. Whoever "big brothers" want in there they will put in there.
I approve of his choice. I also was...sm
impressed by Obama's statement that he did not want to choose a yes man.
I think that was a good choice also.
Biden has over 30+ years experience and isn't afraid to voice his opinion if he disagrees with an issue. Great choice and can't wait for them to WIN!! Be real people - can you see Cindy McCain (druggie) as a first lady? She's afraid of her own shadow and it's like watching paint dry when she talks! Okay, Michele needs to spruce up that wardrobe but she's got more brains then McCain and Cindy put together.
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