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Pretending it the dems fault when the dems are the ones who inisted the Broker rules be in the gramm leach bliely act to make it plausable and functionable in our economic system is utter stupidity.
WHY did Bush and his SEC REFUSE to impliment the full bill?
Becasue without this protection the banks who won them GOT EVERYTHING they had been wanting go0t decades.
They got the ability to deal however they wanted with the lending part and the secruities part of this bill.
With the protection intact they would have had to hire only professionally trained brokers.
without the protections they could hire and train whomever they wanted and however they wanted.
They hired dupes and rubes and trained them to do their bidding.
You people are now the rubes
The Bush team allowed the banks to skirt the regulations written into the gramm leach bliely act.
They immediately inforced all the shit in it the BANKS had been drooling over since Glass Steagal and mad sure the protection written into the bill were never implimented untill AFTER the crash.
This was designed by the right to FUCK the American people and make bank for the banks.
Then when it didnt create the Utopia the right has ALWAYS claimed their ideas would they had to resort to Kensyean fiscal policy to get us out of the mess.
Nope folks THIS was orcastrated by the republican party and their masters the wealthy.
I know it sounds all fair and shit to blame everyone.
But it aint true
And what did your Democrats do to fix it in 2007 & 2008 when they had the majority in Congress?
Nothing.
They were too busy enriching themselves, just like the Republicans were.
Obama is worth over 10 million dollars, how much did he pay in taxes last year. How much of this WEALTH came about since he became Divider-in-Chief???
So far I've read nothing on this thread that makes me want to vote GOP.
So far I've read nothing on this thread that makes me want to vote GOP.
It should not be about voting Democrat or Republican, it Should be about voting for someone who can handle the Job, Obama has shown he cannot.
The Bush team allowed the banks to skirt the regulations written into the gramm leach bliely act.
They immediately inforced all the shit in it the BANKS had been drooling over since Glass Steagal and mad sure the protection written into the bill were never implimented untill AFTER the crash.
This was designed by the right to FUCK the American people and make bank for the banks.
Then when it didnt create the Utopia the right has ALWAYS claimed their ideas would they had to resort to Kensyean fiscal policy to get us out of the mess.
Nope folks THIS was orcastrated by the republican party and their masters the wealthy.
I know it sounds all fair and shit to blame everyone.
But it aint true
And what did your Democrats do to fix it in 2007 & 2008 when they had the majority in Congress?
Nothing.
They were too busy enriching themselves, just like the Republicans were.
Obama is worth over 10 million dollars, how much did he pay in taxes last year. How much of this WEALTH came about since he became Divider-in-Chief???
So far I've read nothing on this thread that makes me want to vote GOP.
It should not be about voting Democrat or Republican, it Should be about voting for someone who can handle the Job, Obama has shown he cannot.
forgot to put this in my last post:
24 April 2008, Goldman Sachs donates $1,000,000 to Obama campaign.
25 April 2008, AIG donates $630,000 to Obama campaign.
26 April 2008, Morgan Stanley donates $485,823 to Obama campaign.
27 May 03, 2008, Bush (Republican) warns Congress again.
28 May 19,2008, Bush (Republican) warns Congress again.
29 May 31, 2008, Bush (Republican) makes radio address warning Congress to pass limits on FANNIE MAE.
30 June 2008, Bush (Republican) warns Congress again.
31 July 2008, Congress finally passes a reform bill on FANNIE MAE lending.
32 November 4, 2008, Hussein Obama elected president.
33 December 18, 2008 House Oversight and Government Reform Committee conducts further hearings into FANNIE MAE and FREDDIE MAC.
34 February 17, 2009, Hussein Obama (Democrat) signs bailout program.
35 March, 2009, AIG reports $62,000,000,000 loss.
36 April 2009, Goldman Sachs reports $780,000,000 loss.
37 April, 2009, Morgan Stanley reports $1,300,000,000 loss.
Freddy/Fanny didn't expect the GOP to throw us into a Great Recession. At the time, jobs were plentyful and poor people could afford a home. But not when you send their jobs overseas or hire illegals to do the jobs "Americans won't do"
And of course the Democrats take money from the Drug Companies, oil companies, bankers, etc. You righties want us to fight you with one hand tied behind our back.
Obama biggest recipient of BP cash - Erika Lovley - POLITICO.com
While the BP oil geyser pumps millions of gallons of petroleum into the Gulf of Mexico, President Barack Obama and members of Congress may have to answer for the millions in campaign contributions they’ve taken from the oil and gas giant over the years.
Internal Memo Confirms Big Giveaways In White House Deal With Big Pharma
t says the White House agreed to oppose any congressional efforts to use the government's leverage to bargain for lower drug prices or import drugs from Canada -- and also agreed not to pursue Medicare rebates or shift some drugs from Medicare Part B to Medicare Part D, which would cost Big Pharma billions in reduced reimbursements.
In exchange, the Pharmaceutical Researchers and Manufacturers Association (PhRMA) agreed to cut $80 billion in projected costs to taxpayers and senior citizens over ten years. Or, as the memo says: "Commitment of up to $80 billion, but not more than $80 billion."
Goldman Sachs was top Obama donor - CNN
According to Federal Election Commission figures compiled by the Center for Responsive Politics, Goldman Sachs' political action committee and individual contributors who listed the company as their employer donated $994,795 during 2007 and 2008 to Obama's presidential campaign, the second-highest contribution from a company PAC and company employees.
So far I've read nothing on this thread that makes me want to vote GOP.
It should not be about voting Democrat or Republican, it Should be about voting for someone who can handle the Job, Obama has shown he cannot.
stupid fucking lie with no basis in fact.
A brief history lesson:
1977: Jimmy Carter (D) signs the Community Reinvestment Act, guaranteeing home loans to low-income families.
1993: Bill Clinton (Democrat) signs NAFTA bill, killing US jobs
1994: Bill Clinton (Democrat) signs GATT, killing US jobs
1998: HUD publishes report damning FREDDIE MAC and FANNIE MAE for not lending home loans to unqualified Applicants.
1999: Bill Clinton (D) puts the CRA on steroids by pushing Fannie Mae & Freddie Mac (F&F) to increase the number of sub-prime loans (owning a home is now a 'right'.).
1999 (September): New York Times (of all rags) publishes an article, 'Fannie Mae Eases Credit To Aid Mortgage Lending', and warns of the coming crisis due to lax lending policies of the Clinton (D) administration.
1999: Bill Clinton (D) Signs the Gramm-Lech-Bliley Act repealing parts of the Glass-Stegeall act of 1933, which made Banks too big to fail
2000, Franklin D. Raines (Democrat) chairman of FANNIE MAE pledges to open lending to unqualified blacks and Mexicans.
2000 Bill Clinton (Democrat) signs U.S.-China Relations Act of 2000, killing US jobs
2001, Bush administration raised red flags over massive low-documentation loans by FNMA
2003: The White House calls Fannie and Freddie a "systemic risk". The Bush (R) administration pushes Congress to enact new regulations.
2003: Barney Frank (D) says F&F are "not in a crisis" and bashes Republicans for crying wolf and calls F&F "Financially Sound". Democrats block Republican-sponsored regulation legislation.
2003, Treasury Secretary John Snow (Republican) recommends to the House Financial Services Committee to impose controls on FANNIE MAE and FREDDIE MAC.
2003, less than a month later, Fannie Mae disclosed 1.2 billion dollars in "accounting error.
2003, Bush Administration increases warnings of toxic loans made by FANNIE MAE.
2004, Franklin Raines (Democrat) resigns from FANNIE MAE.
2005: Fed Reserve Chairman Alan Greenspan voices warning over Fannie & Freddie accounting; "We are placing the total financial system of the future at a substantial risk"
2005, Alan Greenspan recommends limits on FANNIE MAE lending.
2005, Senator Chuck Schumer (Democrat) refutes placing limits on FANNIE
2005: Sen Charles Schumer (D) says "I think Fannie & Freddie, over the years, have done an incredibly good job and are an intrinsic part of making America the best-housed people in the world. No mention of toxic loans or an unsustainable bubble. Flipping houses becomes a cottage industry
2005: Deputy Secretary of Treasury, Samuel Bodman (Republican) warns of risks caused by FANNIE MAE lending to unqualified lenders.
2006 Sen. John McCain (R) again calls for reform of the regulatory structure that governs Fannie & Freddie.
2006: Democrats again block reform legislation and regulation.
2007 Aug: Bush asks Congress to put through limits on FANNIE MAE lending.
2007 Dec: Bush warns Congress to hurry limits on FANNIE MAE lending.
2008: Housing market finally collapses: Democrats blame the Republicans.
So far I've read nothing on this thread that makes me want to vote GOP.
It should not be about voting Democrat or Republican, it Should be about voting for someone who can handle the Job, Obama has shown he cannot.
Obama adds 300K jobs a month. You say he bad.
Bush was losing 700K jobs a month, you said he good.
P.S. If it weren't for Boehner/Ryan in the House and McConnell in the Senate, Obama would be adding 600K jobs a month.
What you just said is the officlal lie I'm hearing the GOP repeat over and over and over. You are trying to win over people who aren't paying that close attention. Because everyone paying attention knows you are a fool and liar. God I wish we could have an Uncivil war.
The republican party is the party of the wealthy.
Their ideas have proven yet again to Fuck this country and our economy.
Now they want to power to do some more damage.
They are still waving arround the SAME FUCKING IDEAS that caused this mess.
WHY??????
Bill Gates Microsoft $54,000,000,000 Democrat
Warren Buffett Berkshire‐Hathaway $45,000,000,000 Democrat
Larry Ellison Oracle $27,000,000,000 Democrat
Christy Walton & Family Wal‐Mart $24,000,000,000 Democrat
Charles Koch Koch Industries $21,500,000,000 Republican
David Koch Koch Industries $21,500,000,000 Republican
Jim Walton Wal‐mart $20,100,000,000 Republican
Alice Walton Wal‐Mart $20,000,000,000 Republican
S. Robson Walton Wal‐Mart $19,700,000,000 Republican
Michael Bloomberg NYC Mayor $18,000,000,000 Democrat
Sergey Brin Google $15,000,000,000 Democrat
Larry Page Google $15,000,000,000 Democrat
Sheldon Adelson Casino Owner $14,700,000,000 Republican
George Soros Financier $14,200,000,000 Democrat
Michael Dell Dell Computer $14,000,000,000 Republican
Steve Ballmer Microsoft $13,100,000,000 Democrat
Paul Allen Microsoft $12,700,000,000 Democrat
Jeff Bezos Amazon $12,600,000,000 Democrat
Anne Cox Chambers Cox Communications $12,500,000,000 Democrat
John Paulson Paulson & Co. $12,400,000,000 Republican
Totals $407,000,000,000 8 Rep. / 12 Dem.
8 Rep. / 12 Dem.
So far I've read nothing on this thread that makes me want to vote GOP.
It should not be about voting Democrat or Republican, it Should be about voting for someone who can handle the Job, Obama has shown he cannot.
Obama adds 300K jobs a month. You say he bad.
Bush was losing 700K jobs a month, you said he good.
P.S. If it weren't for Boehner/Ryan in the House and McConnell in the Senate, Obama would be adding 600K jobs a month.
What you just said is the officlal lie I'm hearing the GOP repeat over and over and over. You are trying to win over people who aren't paying that close attention. Because everyone paying attention knows you are a fool and liar. God I wish we could have an Uncivil war.