Home     Contact Us    
Main Board Job Seeker's Board Job Wanted Board Resume Bank Company Board Word Help Medquist New MTs Classifieds Offshore Concerns VR/Speech Recognition Tech Help Coding/Medical Billing
Gab Board Politics Comedy Stop Health Issues
ADVERTISEMENT




Serving Over 20,000 US Medical Transcriptionists

The present crisis was not caused by Bush or McCain...

Posted By: sam on 2008-10-28
In Reply to: Bush/McCain/Obama - gourdpainter

both approached the Democrats a total of 4 times trying to get Fannie/Freddie regulated. We can't afford Reid, Pelosi, Dodd, Frank, AND a Democratic president. Whatever else Bush is or is not, he is NOT responsible for this current financial MESS.


Complete Discussion Below: marks the location of current message within thread

The messages you are viewing are archived/old.
To view latest messages and participate in discussions, select the boards given in left menu


Other related messages found in our database

I'm sorry, you are aware of what caused the financial crisis aren't you?
or you will just blame BUSH BUSH BUSH/CHENEY.

Please, do some research.

If my memory serves me, it started going downhill when a democratic congress took over.

Not only that, this MORTGAGE crisis was set into effect by the CLINTON administration and helped by a DEMOCRATIC congress.

Now let me be clear, I do not think Bush was a great president and he made mistakes, but DO NOT tell me that this financial crisis was his doing. I know you are going to flame me, but don't ignore the facts! Actually, that's what liberals do so nevermind, go ahead anyway.
Bush is the one that CAUSED this economic meltdown.
x
Hello?! 8 years of Bush cratered the country & caused this
nightmare in the first place. They are all frantically trying to keep us from another Great Depression caused by Bush & republican control. I personally think the damage runs so deep that it can't be stopped in time, but at least they're trying! Maybe next time the idiots will remember what Bush & his cronies have done & will be smarter than to vote republican...
Not to mention that the "Jihaad" holy war itself was caused directly from Daddy Bush having to
rush in with Desert Storm in order to secure the oil wells, securing the oil for all his oil baron friends and himself. Bin Laden himself said that when we rushed in, we had "tainted" Muslim soil and felt he had to retaliate. Of course, these are the ravings of a madman, but Bush policies directly inflamed the already hostile Taliban fighters. Also, the Bush and Bin Laden families have a long history in the business world, and the night of September 11th, the government made it pssible for Bin Laden family members in this country to flee and not face retaliation........please look it up in the newgroups, I have seen many amazing documentaries about these facts on Discovery, History Channel, Military Channel, and some of the news channels.
The present mess has nothing to do with George Bush...
and everything to do with Mr. Dodd and Mr. Frank and the other Democrats who consistently blocked reforming of Fannie and Freddie. They deserve most of the credit for this fiasco.
McCain suspending campaign due to crisis ...sm
John McCain is looking like a leader today. I wonder if Obama will follow his lead.....



McCain suspending campaign due to crisis


Email|Link|Comments (0) Posted by Foon Rhee, deputy national political Editor September 24, 2008 03:07 PM

Saying that the Wall Street bailout plan is in jeopardy and the US economy at stake, John McCain said today that he is suspending his presidential campaign on Thursday and called for postponing the first presidential debate on Friday night.

"It has become clear that no consensus has developed to support the Administration’s proposal," he said in New York. "I do not believe that the plan on the table will pass as it currently stands, and we are running out of time.

"Tomorrow morning, I will suspend my campaign and return to Washington after speaking at the Clinton Global Initiative. I have spoken to Senator Obama and informed him of my decision and have asked him to join me.

"I am calling on the President to convene a meeting with the leadership from both houses of Congress, including Senator Obama and myself. It is time for both parties to come together to solve this problem."

Obama spokesman Bill Burton just issued a statement: "At 8:30 this morning, Senator Obama called Senator McCain to ask him if he would join in issuing a joint statement outlining their shared principles and conditions for the Treasury proposal and urging Congress and the White House to act in a bipartisan manner to pass such a proposal. At 2:30 this afternoon, Senator McCain returned Senator Obama’s call and agreed to join him in issuing such a statement. The two campaigns are currently working together on the details."


"We must meet as Americans, not as Democrats or Republicans, and we must meet until this crisis is resolved. I am directing my campaign to work with the Obama campaign and the commission on presidential debates to delay Friday night’s debate until we have taken action to address this crisis."


http://www.boston.com/news/politics/politicalintelligence/2008/09/mccain_suspendi.html






crisis manufactured by Bush

they knew about this for weeks -- trying to railroad dems before election.


 


Bush vs Obama on the current crisis
I think I cannot post the link (?) but go to Youtube and search "timeline shows Bush, McCain warn.... for a news piece aired in Canada (and certainly not in the US on the MSM).  Back in 2002 Bush and McCain both warned that Fannie and Freddie needed overhauling ,after the Clinton/dem policy that anyone who wants a mortgage should get one had us on a collision course with financial ruin. But did anyone listen?  Noooooooo!  Bawney Fwank said:  We're all just fine here.  No problem.  Nothing to look at, people.  Move along.  Chuck Schumer said:  Fannie and Freddie have been doing an outstanding job and there is no problem.  So, once again history has vindicated a republican, but we in the US are being protected from such dangerous information.  How about a REVERSE fairness doctrine?
McCain has fogotten the stock market crash, mortgage/credit crisis,
unemployment rates, job losses, stagnant wages, rising prices in gas, food, health care, etc, etc, etc.
Bush/McCain/Obama
I already hid my money.  Might be if Obama is elected I can bring it out of hiding.  Keep it hid if McCain is elected...........more of G.W. Bush.
McCain at the end distanced himself from Bush.....
because he thought that this might bring him victory.
Isn't this, as you state...'changing the message to suit the audience......?'

What better democratic shoo-in did you expect? The WHOLE WORLD supported and would have voted for BARAK OBAMA.

Obama got 44% of the white votes, 2004 Bush got 58% of the white votes.

It was BUSH and MCCAIN who wanted to
not the dems, check your facts
She said she voted for Bush&Mccain.
NM
I cannot figure what ever caused you to
have such deep hatred for Republicans, especially President Bush. It certainly isn't anything he ever did as president as your posts indicate that your hatred for him began at his first inauguration. I also get the feeling that you will never be able to let it go, as you constantly bring it up in almost every post you make. The major difference between you two that stands out is that he is a Christian and you are an atheist. He does not believe in abortion and you chose to have one. Maybe you have a guilt problem that you are trying to overcome before you can move on?

However, I can't see how you can use your hatred for Bush to justify Obama speaking to the French town hall meeting and, essentially, telling the world that America is not special to him and that Europe is the greatest nation. How can you say that is doing an awesome job?
No Bush and No McCain. If Hilary is not an option
my vote will go to Ralph Nader. I cannot in good faith vote for any republican or democrat with the state of the nation today.  Gas prices, offshoring, etc. It is time we show Washington we are not interested in business as usual. Our country is going down the toilet and yet we continue to vote for the same old, same old. I called my DSL provider for tech support last week and spoke to....AN INDIAN! Same with my mother's DSL provider (2 different companies), yet tech support calls are going to India! No more republican! No more democrat! I QUIT!
McCain voted 90% on Bush's side...
That tells me - OH, YES, all over again. Palin is just a sideshow. They put 'em in office and big business runs the country - puppets - just like Bush. They don't care about the country - they care about MONEY, POWER, GREED.
I think McCain/Palin would be even WORSE than Bush!
^
McCain listens to BUSH... that's a thousand
Ol' Dubya doesn't have the brains to cross the street by himself.
Here is the Obama vs McCain/Bush tax calculator sm
http://alchemytoday.com/obamataxcut/


It was too lenient on the ones that caused this mess (sm)

That's why it didn't pass last week. It was too one-sided.


 


Some of this is a rescue caused by those buying
nm
I hate to say it but BOTH parties caused it!
Wake up, America.
My post below that caused such a stink........sm

I have asked that this post be removed because it apparently was really upsetting to some people.  While I normally don't post like I did below, I did it for what I had hoped would be a shock value, but it backfired on me.  I had hoped that my shock value would be that it would get some people to understand my position, but that didn't happen.  Therefore, I decided to ask the moderators to remove it. 

I believe everyone knows my position on gay marriage and abortion as I have stated them numerous times on this forum, so I will try to refrain from responding to any posts involving those issues, at least whether as to whether they are right or wrong.  Moral issues will always be that....moral issues...and are viewed through the individual's moral lens or compass.  I cannot change any one's to match mine, nor can anyone change mine to match their's.  Let's just leave it at that. 


If the sky falls, it wil be because Obama caused it
Just because someone doesn't LOVE your precious Obama, does not mean we are the pot stirring trolls as you call it. You want to believe Acorn is wonderful, well go ahead; just remember, free speech is exactly what Obama is trying to do away with.

You won't even be able to sit here and write your garbage much longer if he has his way.
That's pretty silly.....McCain disagreed with Bush about as much as...
the Dems did. LOL. And yes, I have heard the Obama ad that McCain "voted with Bush" 90% of the time. Problem with that is...Bush can't vote. Only Congress can. Sheeshhhh. LOL.
Bush III: McCain camp is so desperate they have to resort to swiftboating? nm
nm
it is called politics, remember McCain and Bush hugging?
arent they supposed to be on different sides now? (Say, how does that actually work...people who voted for Bush and are now for McCain, which sides of the issues are they really on? Must be hard to keep it all straight...

Oh, (chuckel) remember Bush raking over McCain, and none to nicely a bunch of times when they were running against each other? That was a hoot
No, it says "versus" McCain which is the bush plan so obama is wayyy better duh!
nm
No dupa - the shrub caused the crash and burn.......
Memory loss can signify medical issues which need to be attended to. Also, delusions can spell multiple significant issues which need to be addressed ASAP. Go with God.
White people with blue eyes caused this
According to Brazil's President "White people with blue eyes causes the economic crisis".

Glad I've got hazel eyes. Whew! Glad to know it's not my fault.



javascript:editor_insertHTML('text','');
I think you like to present yourself

as being right and more knowledgeable than anyone on this board about almost everything that you address; much more important than *keeping things real.**   You want all of us to make note that you are right, more informed, more well read, more educated on just about everything that is discussed here...OKAY, you got it!!!, Enjoy it.


I still believe my friend, not because the cost of gas in CA is really that important, but because she is my friend and I have no reason not to believe her and even more, she has no reason to make it up, we were not discussing anything remotely related to energy or conservation; it was just a passing comment on her part as we drove past the local Chevron. But it seems to be quite important to you so, as I said, I will defer to you and all of your many resources in the future. No prob.


I believe I used the word *present*. nm
,
birthday present
I just wanted to make sure I was giving the correct information. This was for her birthday last year. He bought her earrings that cost $5,000 and she exchanged them for earrings that cost $12,000. She checked with her husband and he came back in and bought the earring for $12, 000.
To be fair to the present administration..

There hasn't been a SINGLE PRESIDENT willing to address the borders.  I wish Bush would get off his duff about the border too, but if he did put a military clamp down on our border, you'd have a huge uproar from the civil liberties camp.  You can never make everybody happy. 


As for spending... Most Democrats never met a dollar they didn't want to spend.  Wanna have your hair stand on end?  Read a synopsis of The Big Dig in Boston, a la Kennedy and Kerry.  Talk about a money pit at the taxpayers expense.  If only it were a perfect world, but it never will be.


Does anyone else see a clear and present danger?
L
You mean the other women who dare to present
Americans are not a monolith.
He does not present the certificate that states the
nm
When you can't defend the present why do you always bring up the past?

Well pardon me, but how can you discuss the present without a history of sm
what shaped it?  It isn't possible.
I am posting here to present a differing view...
just like the liberals who post on the conservative board. This IS America, my friend. We do have the right to do so. Why is a different opinion so aggravating to you? I have read, and heard from liberals own lips, what liberals stand for. There are a few of you who post on this board who are the antithesis of that, sooooo....why are YOU posting here and what does it matter who else does?
Obama refuses to present an official
!1
Even most liberals present thought it was poor taste.
x
Whoa, that is actually like a Christmas Present from the IRS, what an unheard of concept!!!....sm
True, you can do it yourself, the IRS just makes so daunting and intimidating with all those forms, and then you worry if you make another mistake, you will get another penalty.....Just those three letters together give most folk the heebie geebies.

Also, taling about not needing a service, most people do not know that you DO NOT need those miriad of services who will "talk down your credit bills" and renegotiate. Especially in these times, banks are very eager to get payment and work with you, most banks have a "hardship" department where you can talk to reps who can negotiate lower settlements, eliminate fees, figure out a very good payment plan without fees, etc. You can do it yourself without paying a debt relief service.
Is Newt your president? Lets stick with the present
There is about to be an explosion of spending and for those that really do work and think they won't be paying taxes, think again! You could only use half your brain or whatever is lucid and understand the ONLY way to pay for that kind of spending is by EVERYONE who works to pay taxes.

You really need to get off your one-party tunnel vision way of thinking, and I would say think like an individual, but I can see you are a follower of Obama, and as we all know, most of them have never thought for themselves.

I'm an independent......sure as heck didn't want a totalitarian government in power and if I had to choose between Newt and that backside kisser we have in office now, I'd choose Newt....


Too bad we're stuck with Obama and his crooked cronies!!

I feel it safe to say you have never had an independent thought in your life.....


I were you I would not call the present US president 'naive and stupid.' nm
nm
There IS no constitutional crisis.
Recession teetering on the brink of depression. WAKE UP, will ya?
Maybe it isn't a crisis, just extortion and
I bet it won't be long before some of the anti-union people (poster below) will be begging for union representation.  Since Reagan kept his promise to break the unions it's been a downhill course and I imagine we've just about reached the bottom of the hill.
Don't ya'll pay attention? The Popes (past and present) had already decided this.
...Madsen, a Washington-based writer and columnist, who often writes for Counterpunch, says that people close to the pope claim that amid these concerns, the pontiff wishes he was younger and in better health to confront the possibility that Bush may represent the person prophesized in Revelations. John Paul II has always believed the world was on the precipice of the final confrontation between Good and Evil as foretold in the New Testament.

Before he became pope, Karol Cardinal Wojtyla said, "We are now standing in the face of the greatest historical confrontation humanity has gone through. I do not think that wide circles of the American society or wide circles of the Christian community realize this fully. We are now facing the final confrontation between the church and the anti-Church, of the Gospel versus the anti-Gospel."
"Drive the American Economy into the dirt and then present socialism as the only way out!"
nm
Actually, you are wrong about his role in this crisis....
concerning Fannie and freddie, he tried to get legislation passed to deal directly with them...and the Democrats blocked it. Fact is, John McCain was on the RIGHT side of this issue, and perhaps if the Democrats had listened to him in 2005 we would not be facing this crisis today. In the interest of full disclosure and truth, this is what he said regarding that legislation:

Mr. President, this week Fannie Mae’s regulator reported that the company’s quarterly reports of profit growth over the past few years were “illusions deliberately and systematically created” by the company’s senior management, which resulted in a $10.6 billion accounting scandal.
The Office of Federal Housing Enterprise Oversight’s report goes on to say that Fannie Mae employees deliberately and intentionally manipulated financial reports to hit earnings targets in order to trigger bonuses for senior executives. In the case of Franklin Raines, Fannie Mae’s former chief executive officer, OFHEO’s report shows that over half of Mr. Raines’ compensation for the 6 years through 2003 was directly tied to meeting earnings targets. The report of financial misconduct at Fannie Mae echoes the deeply troubling $5 billion profit restatement at Freddie Mac.
The OFHEO report also states that Fannie Mae used its political power to lobby Congress in an effort to interfere with the regulator’s examination of the company’s accounting problems. This report comes some weeks after Freddie Mac paid a record $3.8 million fine in a settlement with the Federal Election Commission and restated lobbying disclosure reports from 2004 to 2005. These are entities that have demonstrated over and over again that they are deeply in need of reform.
For years I have been concerned about the regulatory structure that governs Fannie Mae and Freddie Mac–known as Government-sponsored entities or GSEs–and the sheer magnitude of these companies and the role they play in the housing market. OFHEO’s report this week does nothing to ease these concerns. In fact, the report does quite the contrary. OFHEO’s report solidifies my view that the GSEs need to be reformed without delay.
I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole.
I urge my colleagues to support swift action on this GSE reform legislation.

He saw it coming, tried to tell the Dems, and they blocked it. Chris Dodd, head of banking and finance comittee, Democrat, largest recipient of donations from them. Guess who was #2?
The truth about the housing crisis...
I will warn you this is long, but if your interested in the truth this is a good place to start.






Would the Last Honest Reporter Please Turn On the Lights?
By Orson Scott Card

Editor's note: Orson Scott Card is a Democrat and a newspaper columnist,
and in this opinion piece he takes on both while lamenting the current
state of journalism.

An open letter to the local daily paper - almost every local daily paper
in America :

I remember reading All the President's Men and thinking: That's
journalism. You do what it takes to get the truth and you lay it before
the public, because the public has a right to know.

This housing crisis didn't come out of nowhere. It was not a vague
emanation of the evil Bush administration.

It was a direct result of the political decision, back in the late
1990s, to loosen the rules of lending so that home loans would be more
accessible to poor people. Fannie Mae and Freddie Mac were authorized
to approve risky loans.

What is a risky loan? It's a loan that the recipient is likely not to
be able to repay.

The goal of this rule change was to help the poor - which especially
would help members of minority groups. But how does it help these
people to give them a loan that they can't repay? They get into a
house, yes, but when they can't make the payments, they lose the house -
along with their credit rating.

They end up worse off than before.

This was completely foreseeable and in fact many people did foresee it.
One political party, in Congress and in the executive branch, tried
repeatedly to tighten up the rules. The other party blocked every such
attempt and tried to loosen them.

Furthermore, Freddie Mac and Fannie Mae were making political
contributions to the very members of Congress who were allowing them to
make irresponsible loans. (Though why quasi-federal agencies were
allowed to do so baffles me. It's as if the Pentagon were allowed to
contribute to the political campaigns of Congressmen who support
increasing their budget.)

Isn't there a story here? Doesn't journalism require that you who
produce our daily paper tell the truth about who brought us to a
position where the only way to keep confidence in our economy was a $700
billion bailout? Aren't you supposed to follow the money and see which
politicians were benefiting personally from the deregulation of mortgage
lending?

I have no doubt that if these facts had pointed to the Republican Party
or to John McCain as the guilty parties, you would be treating it as a
vast scandal. "Housing-gate," no doubt. Or "Fannie-gate."

Instead, it was Senator Christopher Dodd and Congressman Barney Frank,
both Democrats, who denied that there were any problems, who refused
Bush administration requests to set up a regulatory agency to watch over
Fannie Mae and Freddie Mac, and who were still pushing for these
agencies to go even further in promoting sub-prime mortgage loans almost
up to the minute they failed.

As Thomas Sowell points out in a TownHall.com essay entitled "Do Facts
Matter?" ( ]" target=_blank>http://snipurl.com/457townhall_com<http://snipurl.com/457to>]
): "Alan Greenspan warned them four years ago. So did the Chairman of
the Council of Economic Advisers to the President. So did Bush's
Secretary of the Treasury."

These are facts. This financial crisis was completely preventable. The
party that blocked any attempt to prevent it was ... the Democratic
Party. The party that tried to prevent it was ... the Republican Party.

Yet when Nancy Pelosi accused the Bush administration and Republican
deregulation of causing the crisis, you in the press did not hold her to
account for her lie. Instead, you criticized Republicans who took
offense at this lie and refused to vote for the bailout!

What? It's not the liar, but the victims of the lie who are to blame?

Now let's follow the money ... right to the presidential candidate who
is the number-two recipient of campaign contributions from Fannie Mae.

And after Freddie Raines, the CEO of Fannie Mae who made $90 million
while running it into the ground, was fired for his incompetence, one
presidential candidate's campaign actually consulted him for advice on
housing.

If that presidential candidate had been John McCain, you would have
called it a major scandal and we would be getting stories in your paper
every day about how incompetent and corrupt he was.

But instead, that candidate was Barack Obama, and so you have buried
this story, and when the McCain campaign dared to call Raines an
"adviser" to the Obama campaign - because that campaign had sought his
advice - you actually let Obama's people get away with accusing McCain
of lying, merely because Raines wasn't listed as an official adviser to
the Obama campaign.

You would never tolerate such weasely nit-picking from a Republican.

If you who produce our local daily paper actually had any principles,
you would be pounding this story, because the prosperity of all
Americans was put at risk by the foolish, short-sighted, politically
selfish, and possibly corrupt actions of leading Democrats, including
Obama.

If you who produce our local daily paper had any personal honor, you
would find it unbearable to let the American people believe that somehow
Republicans were to blame for this crisis.

There are precedents. Even though President Bush and his administration
never said that Iraq sponsored or was linked to 9/11, you could not
stand the fact that Americans had that misapprehension - so you pounded
us with the fact that there was no such link. (Along the way, you
created the false impression that Bush had lied to them and said that
there was a connection.)

If you had any principles, then surely right now, when the American
people are set to blame President Bush and John McCain for a crisis they
tried to prevent, and are actually shifting to approve of Barack Obama
because of a crisis he helped cause, you would be laboring at least as
hard to correct that false impression.

Your job, as journalists, is to tell the truth. That's what you claim
you do, when you accept people's money to buy or subscribe to your
paper.

But right now, you are consenting to or actively promoting a big fat lie
- that the housing crisis should somehow be blamed on Bush, McCain, and
the Republicans. You have trained the American people to blame
everything bad - even bad weather - on Bush, and they are responding as
you have taught them to.

If you had any personal honor, each reporter and Editor would be
insisting on telling the truth - even if it hurts the election chances
of your favorite candidate.

Because that's what honorable people do. Honest people tell the truth
even when they don't like the probable consequences. That's what
honesty means . That's how trust is earned.

Barack Obama is just another politician, and not a very wise one. He
has revealed his ignorance and naivete time after time - and you have
swept it under the rug, treated it as nothing.

Meanwhile, you have participated in the borking of Sarah Palin,
reporting savage attacks on her for the pregnancy of her unmarried
daughter - while you ignored the story of John Edwards's own adultery
for many months.

So I ask you now: Do you have any standards at all? Do you even know
what honesty means?

Is getting people to vote for Barack Obama so important that you will
throw away everything that journalism is supposed to stand for?

You might want to remember the way the National Organization of Women
threw away their integrity by supporting Bill Clinton despite his
well-known pattern of sexual exploitation of powerless women. Who
listens to NOW anymore? We know they stand for nothing; they have no
principles.

That's where you are right now.

It's not too late. You know that if the situation were reversed, and
the truth would damage McCain and help Obama, you would be moving heaven
and earth to get the true story out there.

If you want to redeem your honor, you will swallow hard and make a list
of all the stories you would print if it were McCain who had been
getting money from Fannie Mae, McCain whose campaign had consulted with
its discredited former CEO, McCain who had voted against tightening its
lending practices.

Then you will print them, even though every one of those true stories
will point the finger of blame at the reckless Democratic Party, which
put our nation's prosperity at risk so they could feel good about
helping the poor, and lay a fair share of the blame at Obama's door.

You will also tell the truth about John McCain: that he tried, as a
Senator, to do what it took to prevent this crisis. You will tell the
truth about President Bush: that his administration tried more than once
to get Congress to regulate lending in a responsible way.

This was a Congress-caused crisis, beginning during the Clinton
administration, with Democrats leading the way into the crisis and
blocking every effort to get out of it in a timely fashion.

If you at our local daily newspaper continue to let Americans believe -
and vote as if - President Bush and the Republicans caused the crisis,
then you are joining in that lie.

If you do not tell the truth about the Democrats - including Barack
Obama - and do so with the same energy you would use if the miscreants
were Republicans - then you are not journalists by any standard.

You're just the public relations machine of the Democratic Party, and
it's time you were all fired and real journalists brought in, so that we
can actually have a news paper in our city.

This article first appeared in The Rhinoceros Times of Greensboro ,
North Carolina , and is used here by permission.