thanks democrates
#31
Nontypical Buck
Join Date: Aug 2005
Location: S.W. Pa.-- Heart in North Central Pa. mountains-
Posts: 2,600

ORIGINAL: DM
There it is in a nutshell...
I wonder who they will be blameingone or twoyears from now, when things don't jump into the fastlane?
DM
ORIGINAL: spd522
Exactly right. Clinton pushed the subprime mortgage issues to shove minorities into houses they could barely afford as it is. Purely a political move to look good. However, with those mortgages came adjustable rates. Soon the rates climbed and they couldn't make the payments. Obama's financial consultant, Franklin Raines, was in charge of Fannie Mae during that time and pocketed millions. When it all crashed and he was kicked out, he still got a $90 Million payout. Republicans warned of it several years ago but got buried by the Democrats.
You can blame Bush and the Republicans if you want but it was the Democrats, greedy lenders, and irresponsible borrowers that caused it all. Much like the auto sales crash...........UAW priced themselves out of jobs.
ORIGINAL: bigangrychicken
The economy went in the toilet thanks to the mortgage crisis. This was brought on by Clinton's "equal credit for everyone policy." W didn't help matters, that's true. But don't be a simpleton that the Dems want you to be. You can thank Bill Clinton and our people's own "spoiled brat" mentality for that.
The economy went in the toilet thanks to the mortgage crisis. This was brought on by Clinton's "equal credit for everyone policy." W didn't help matters, that's true. But don't be a simpleton that the Dems want you to be. You can thank Bill Clinton and our people's own "spoiled brat" mentality for that.
You can blame Bush and the Republicans if you want but it was the Democrats, greedy lenders, and irresponsible borrowers that caused it all. Much like the auto sales crash...........UAW priced themselves out of jobs.
I wonder who they will be blameingone or twoyears from now, when things don't jump into the fastlane?
DM
#32

ditto. good call on the union. we price outselves right out of the country. if everything we sold and bought in teh US was made in the USA we could never afford it.
#33
Join Date: Sep 2008
Location:
Posts: 7

What was the saying durring the election ?? Republicians Said Drill Baby Drill !!!
So Now We Got Obama So Now We Buy Baby Buy As Many Gun's An As Much Ammo As We Can Store!!!
It's Our Right To Hunt & Enjoy Shooting Sports & Hunt . .......
So Now We Got Obama So Now We Buy Baby Buy As Many Gun's An As Much Ammo As We Can Store!!!
It's Our Right To Hunt & Enjoy Shooting Sports & Hunt . .......
#34

While I agree that unions do much to hurt themselves and indirectly the rest of us, management is no better. In the 1920's company executives earned about 20 times an averagefactory worker's salary. Today they get about 400 times the "huge wages" of their factory workers.