Why has "COMPROMISE" become a dirty word to Republican Conservatives?

[healthmyths]

Should be simple for you to do the same with Liberal policies. Try and fail you worthless piece of shit.

Sure Bubs

SS, Medicare, civil rights, min wage, freeing slaves, etc, etc, etc

And the left still keeps the blacks as slaves to the government plantation.

And YOU can't give me ONE policy CONservatives have EVER been on the correct side of US history on. Got it!

Fiscally-Conservative Policies Equal More Prosperity, According to Rich States, Poor States -

Goodie, ALEC says so *shaking head*

The states most dependent on the federal government are who you'd least expect

Red states more dependent on federal government - Business Insider

Moocher Red States Still Don’t Want Free Healthcare Money With Obama’s Name On It



Five years after passage of the Affordable Care Act, some red states are still debating, or outright refusing, free money because they just really REALLY hate President Obama:

Twenty-four states and the District of Columbia said yes to Medicaid expansion when the law went into effect. Since then, just six more have signed on. States that say yes get billions of additional federal dollars, but many Republican lawmakers are loathe to say yes to the Obama administration.

The expansion enables adults with incomes up to 138% of the poverty level to receive Medicaid. The federal government picks up the whole tab for their care through 2016, then tapers its support down to 90% of the costs.

It would be HI-larious, if the consequences weren’t so severe and even fatal, that states who’ve happily sucked off the government teat for years are all of a sudden uninterested in federal dollars for poor people to be able to go to the doctor.

Moocher Red States Still Don’t Want Free Healthcare Money With Obama’s Name On It

There NEVER was a health care crisis as there NEVER were 46 million uninsured Americans just as there never were 155 million americans with Pre-existing conditions that prevented them from getting health insurance.

There IS a plan to destroy 1,400 companies that pay $100 billion a year in taxes and putting 450,000 people out of work!

This from the person that KNEW that fools like you could be easily swayed by falsehoods!
So much so Obama TOLD you he was fooling you and he even hired a guy who said people like you make up the "Stupidity of American Voter" to pass Obamacare!

NOW for the FACTS supporting these above STATEMENTS!
Obama once said:
“I don’t have to explain to you that nearly 46 million Americans don’t have health insurance coverage today. In the wealthiest nation on Earth, 46 million of our fellow citizens have no coverage.”

Even Obama admitted 10 million were illegals not eligible so he AFTER he repeated the above lie and when ACA passed HE said there were 36 million!
1) 10 million Obama counted were not Americans... not citizens per the Census:
Proof: Income, Poverty and Health Insurance Coverage in the United States: 2009 - Income & Wealth - Newsroom - U.S. Census Bureau
2) Obama failed to get 14 million people eligible for Medicaid enrolled. That's all that is needed. That leaves 22 million.
http://coverageforall.org/pdf/BC-BS_Uninsured-America.pdf
3) 18 million under 34 don't NEED insurance. Can afford employers' plans as they make over $50k. That leaves 4 million.
CRISIS OF THE UNINSURED: 2009
There have never been 46 million UNINSURED AMERICANS but less then 4 million!

Obama has said "I prefer a single payer health care system". Well logic would state "single payer" means no other PAYERS!
So what happens to the 1,400 insurance companies?

 

[Dad2three]

Reached a deal with Iran, maybe it's NOT Obama that's the problem Bubs?

You mean he sold out the country to Putin and Iran.

What country did he "sell out". And don't say something fucking stupid. We are so tired of stupid.

He sold out the United States and Isreal, along with most of our allies in the Middle East.

If you're tired of stupid, then why do you keep doing it?

The P5+1 is a group of six world powers which, in 2006, joined together in diplomatic efforts with Iran with regard to its nuclear program


The term refers to the UN Security Council's five permanent members (the P5); namely China, France, Russia, the United Kingdom, and the United States; plus Germany. The P5+1 is often referred to as the E3+3 by European countries. In the same context, E3/EU+3 means the P5+1 plus the High Representative of the European Union (EU) for Foreign Affairs and Security Policy


P5+1 - Wikipedia, the free encyclopedia

hmmmmm, so?

I think the agreement was MUCH more than "he" Bubs

 

[Dad2three]

Sure Bubs

SS, Medicare, civil rights, min wage, freeing slaves, etc, etc, etc

And the left still keeps the blacks as slaves to the government plantation.

And YOU can't give me ONE policy CONservatives have EVER been on the correct side of US history on. Got it!

Fiscally-Conservative Policies Equal More Prosperity, According to Rich States, Poor States -

Goodie, ALEC says so *shaking head*

The states most dependent on the federal government are who you'd least expect

Red states more dependent on federal government - Business Insider

Moocher Red States Still Don’t Want Free Healthcare Money With Obama’s Name On It



Five years after passage of the Affordable Care Act, some red states are still debating, or outright refusing, free money because they just really REALLY hate President Obama:

Twenty-four states and the District of Columbia said yes to Medicaid expansion when the law went into effect. Since then, just six more have signed on. States that say yes get billions of additional federal dollars, but many Republican lawmakers are loathe to say yes to the Obama administration.

The expansion enables adults with incomes up to 138% of the poverty level to receive Medicaid. The federal government picks up the whole tab for their care through 2016, then tapers its support down to 90% of the costs.

It would be HI-larious, if the consequences weren’t so severe and even fatal, that states who’ve happily sucked off the government teat for years are all of a sudden uninterested in federal dollars for poor people to be able to go to the doctor.

Moocher Red States Still Don’t Want Free Healthcare Money With Obama’s Name On It

There NEVER was a health care crisis as there NEVER were 46 million uninsured Americans just as there never were 155 million americans with Pre-existing conditions that prevented them from getting health insurance.

There IS a plan to destroy 1,400 companies that pay $100 billion a year in taxes and putting 450,000 people out of work!

This from the person that KNEW that fools like you could be easily swayed by falsehoods!
So much so Obama TOLD you he was fooling you and he even hired a guy who said people like you make up the "Stupidity of American Voter" to pass Obamacare!

NOW for the FACTS supporting these above STATEMENTS!
Obama once said:
“I don’t have to explain to you that nearly 46 million Americans don’t have health insurance coverage today. In the wealthiest nation on Earth, 46 million of our fellow citizens have no coverage.”

Even Obama admitted 10 million were illegals not eligible so he AFTER he repeated the above lie and when ACA passed HE said there were 36 million!
1) 10 million Obama counted were not Americans... not citizens per the Census:
Proof: Income, Poverty and Health Insurance Coverage in the United States: 2009 - Income & Wealth - Newsroom - U.S. Census Bureau
2) Obama failed to get 14 million people eligible for Medicaid enrolled. That's all that is needed. That leaves 22 million.
http://coverageforall.org/pdf/BC-BS_Uninsured-America.pdf
3) 18 million under 34 don't NEED insurance. Can afford employers' plans as they make over $50k. That leaves 4 million.
CRISIS OF THE UNINSURED: 2009
There have never been 46 million UNINSURED AMERICANS but less then 4 million!

Obama has said "I prefer a single payer health care system". Well logic would state "single payer" means no other PAYERS!
So what happens to the 1,400 insurance companies?

Bubba, I'm TIRED of spanking YOU and your bullshit right wing memes. Until you man up on Dubya's subprime bubble, go fuk yourself!

 

[Wildman]

Yes, I hear that Bush was the cause of Custer's massacre at the Little Big Horn.

hey liberfools, that is not funny, there were Bushes all around them, i know, i have been to Custer's battlefield a couple of times, in some places the Bushes were pretty thick.

 

[ninja007]

of all the gov. shutdowns, dems caused the shutdown more often than the cons....

 

[deltex1]

Obama said on 60 minutes tonite that if he ran again he would win. Are you fags really that stoooooopid?

He didn't even hesitate when he said it

Of course he would win.....have you seen the GOP clown car?
You folks are delusional

He didn't hesitate when he said Putin is operating from a position of weakness. Talk about one delusional mofo...

Obama is laughing at Putin

You can see Obama wants no part of getting our forces involved in Syria. Give them what little support to keep them active but stay the hell out

Obama thinks Putin is a sucker for having to go in and save his buddy Assad

The only person Obabble wants to save is hissef....

He sees no need to sacrifice US troops to save a hellhole like Syria.

Putin wil find out....Obama was laughing at him tonight

O sure....let me know when you hear Putin say, "my heart goes out to the families of our brave soldiers". You Libtards are naive beyond comprehension.

 

[healthmyths]

And the left still keeps the blacks as slaves to the government plantation.

And YOU can't give me ONE policy CONservatives have EVER been on the correct side of US history on. Got it!

Fiscally-Conservative Policies Equal More Prosperity, According to Rich States, Poor States -

Goodie, ALEC says so *shaking head*

The states most dependent on the federal government are who you'd least expect

Red states more dependent on federal government - Business Insider

Moocher Red States Still Don’t Want Free Healthcare Money With Obama’s Name On It



Five years after passage of the Affordable Care Act, some red states are still debating, or outright refusing, free money because they just really REALLY hate President Obama:

Twenty-four states and the District of Columbia said yes to Medicaid expansion when the law went into effect. Since then, just six more have signed on. States that say yes get billions of additional federal dollars, but many Republican lawmakers are loathe to say yes to the Obama administration.

The expansion enables adults with incomes up to 138% of the poverty level to receive Medicaid. The federal government picks up the whole tab for their care through 2016, then tapers its support down to 90% of the costs.

It would be HI-larious, if the consequences weren’t so severe and even fatal, that states who’ve happily sucked off the government teat for years are all of a sudden uninterested in federal dollars for poor people to be able to go to the doctor.

Moocher Red States Still Don’t Want Free Healthcare Money With Obama’s Name On It

There NEVER was a health care crisis as there NEVER were 46 million uninsured Americans just as there never were 155 million americans with Pre-existing conditions that prevented them from getting health insurance.

There IS a plan to destroy 1,400 companies that pay $100 billion a year in taxes and putting 450,000 people out of work!

This from the person that KNEW that fools like you could be easily swayed by falsehoods!
So much so Obama TOLD you he was fooling you and he even hired a guy who said people like you make up the "Stupidity of American Voter" to pass Obamacare!

NOW for the FACTS supporting these above STATEMENTS!
Obama once said:
“I don’t have to explain to you that nearly 46 million Americans don’t have health insurance coverage today. In the wealthiest nation on Earth, 46 million of our fellow citizens have no coverage.”

Even Obama admitted 10 million were illegals not eligible so he AFTER he repeated the above lie and when ACA passed HE said there were 36 million!
1) 10 million Obama counted were not Americans... not citizens per the Census:
Proof: Income, Poverty and Health Insurance Coverage in the United States: 2009 - Income & Wealth - Newsroom - U.S. Census Bureau
2) Obama failed to get 14 million people eligible for Medicaid enrolled. That's all that is needed. That leaves 22 million.
http://coverageforall.org/pdf/BC-BS_Uninsured-America.pdf
3) 18 million under 34 don't NEED insurance. Can afford employers' plans as they make over $50k. That leaves 4 million.
CRISIS OF THE UNINSURED: 2009
There have never been 46 million UNINSURED AMERICANS but less then 4 million!

Obama has said "I prefer a single payer health care system". Well logic would state "single payer" means no other PAYERS!
So what happens to the 1,400 insurance companies?

Bubba, I'm TIRED of spanking YOU and your bullshit right wing memes. Until you man up on Dubya's subprime bubble, go fuk yourself!

So your ignorant selective editing LEFT OUT these MAJOR CLINTON contributors to the housing bubble crash!

HEY did you know YOUR link HUD Scandals Shows this:

The Cisneros Years, 1993–1997
In the Clinton administration, a primary mission of HUD was to increase home ownership rates, especially among minorities and low-income families.
That mission was carried out through HUD subsidy programs and through the two government-connected mortgage finance giants, Fannie Mae and Freddie Mac. In 1992, HUD was given regulatory authority over these government-sponsored enterprises, and it began pushing the two firms into the subprime lending business.
We now know that these political decisions on housing that were made in the 1990s helped fuel the housing bubble and subsequent crash in the early 21st century, so it is worth looking into the leadership of HUD during those years.
Henry Cisneros served as President Bill Clinton's HUD secretary from 1993 to 1997, when he resigned to deal with allegations that he lied to the FBI about payments he made to a former mistress. Cisneros plead guilty in 1999 and was fined $10,000, avoiding a possible prison sentence.
A key weapon in the Cisneros arsenal was the Clinton administration's changes to the Community Reinvestment Act. The CRA was passed in 1977 and updated in 1995 to pressure lenders into making more loans to moderate-income borrowers by allowing regulators to deny merger approvals for banks with low CRA ratings. Even complaints brought by activists, such as the leftist group ACORN, were now counted against a bank's CRA rating. The result was that banks began issuing more loans to otherwise uncreditworthy borrowers while purchasing more CRA mortgage-backed securities.28 As housing finance expert Peter Wallison noted, "The most important fact associated with the CRA is the effort to reduce underwriting standards. … Once those standards were relaxed … they spread rapidly to the prime market and to subprime markets where loans were made by lenders other than insured banks."29 -

The Cuomo Years, 1997-2001
During the Cuomo years, mortgage industry officials and housing advocates wanted Fannie Mae and Freddie Mac to purchase higher volumes of riskier loans that were offered to less credit-worthy borrowers.
Cuomo's HUD continued to pressure Fannie and Freddie to increase the portion of their portfolios consisting of loans to moderate-income borrowers.
Cuomo applied pressure by having HUD publicly "investigate" whether Fannie and Freddie were sufficiently in compliance with government fair-lending standards designed to prevent discrimination.
Cuomo also supported efforts to have home sellers funnel money to nonprofit groups to help pay for buyers' down payments and closing costs. These "down payment assistance" loans ended up having default rates twice that of standard FHA-insured mortgages.51 Cuomo portrayed his efforts as helping to increase homeownership rates for minorities, but he also had an interest in not upsetting mortgage industry officials who would later help finance his gubernatorial campaign.
He also worked hard to receive support from leftist housing advocate groups, such as ACORN.

We know now that Fannie and Freddie's expansion into low-quality mortgages was a huge mistake. A decade ago, numerous financial analysts saw the problems coming, but policymakers ignored their concerns and did not change their policy course. Here is a prescient observation by a New York Times reporter in 1999:

In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980s.54

Unfortunately, the housing and financial debacles of 2008 and 2009 were far larger than the savings and loan mess. But with Cuomo, fiscally prudent policies took a backseat to his political aspirations.
See more at: HUD Scandals

It’s true that key Democrats opposed the Federal Housing Enterprise Regulatory Reform Act of 2005, which would have established a single, independent regulatory body with jurisdiction over Fannie and Freddie – a move that the Government Accountability Office had recommended in a 2004 report. Current House Banking Committee chairman Rep. Barney Frank of Massachusetts opposed legislation to reorganize oversight in 2000 (when Clinton was still president), 2003 and 2004, saying of the 2000 legislation that concern about Fannie and Freddie was "overblown." Just last summer, Senate Banking Committee chairman Chris Dodd called a Bush proposal for an independent agency to regulate the two entities "ill-advised."

Now here is factcheck.org on the assignment of blame INCLUDING Bush

Here’s a partial list of those alleged to be at fault:

• The Federal Reserve, which slashed interest rates after the dot-com bubble burst, making credit cheap.
• Home buyers, who took advantage of easy credit to bid up the prices of homes excessively.
• Congress, which continues to support a mortgage tax deduction that gives consumers a tax incentive to buy more expensive houses.
• Real estate agents, most of whom work for the sellers rather than the buyers and who earned higher commissions from selling more expensive homes.
• The Clinton administration, which pushed for less stringent credit and downpayment requirements for working- and middle-class families.
• Mortgage brokers, who offered less-credit-worthy home buyers subprime, adjustable rate loans with low initial payments, but exploding interest rates.
• Former Federal Reserve chairman Alan Greenspan, who in 2004, near the peak of the housing bubble, encouraged Americans to take out adjustable rate mortgages.
• Wall Street firms, who paid too little attention to the quality of the risky loans that they bundled into Mortgage Backed Securities (MBS), and issued bonds using those securities as collateral.
• The Bush administration, which failed to provide needed government oversight of the increasingly dicey mortgage-backed securities market.
• An obscure accounting rule called mark-to-market, which can have the paradoxical result of making assets be worth less on paper than they are in reality during times of panic.
• Collective delusion, or a belief on the part of all parties that home prices would keep rising forever, no matter how high or how fast they had already gone up.

Who Caused the Economic Crisis?

NOW that I've agreed Bush as well as all the above were to blame does that meet your totally biased dishonest opinion?

 

[rightwinger]

He didn't even hesitate when he said it

Of course he would win.....have you seen the GOP clown car?
You folks are delusional

He didn't hesitate when he said Putin is operating from a position of weakness. Talk about one delusional mofo...

Obama is laughing at Putin

You can see Obama wants no part of getting our forces involved in Syria. Give them what little support to keep them active but stay the hell out

Obama thinks Putin is a sucker for having to go in and save his buddy Assad

The only person Obabble wants to save is hissef....

He sees no need to sacrifice US troops to save a hellhole like Syria.

Putin wil find out....Obama was laughing at him tonight

O sure....let me know when you hear Putin say, "my heart goes out to the families of our brave soldiers". You Libtards are naive beyond comprehension.

I have a feeling Putin will be saying that a lot

 

[Conservative65]

And YOU can't give me ONE policy CONservatives have EVER been on the correct side of US history on. Got it!

Fiscally-Conservative Policies Equal More Prosperity, According to Rich States, Poor States -

Goodie, ALEC says so *shaking head*

The states most dependent on the federal government are who you'd least expect

Red states more dependent on federal government - Business Insider

Moocher Red States Still Don’t Want Free Healthcare Money With Obama’s Name On It



Five years after passage of the Affordable Care Act, some red states are still debating, or outright refusing, free money because they just really REALLY hate President Obama:

Twenty-four states and the District of Columbia said yes to Medicaid expansion when the law went into effect. Since then, just six more have signed on. States that say yes get billions of additional federal dollars, but many Republican lawmakers are loathe to say yes to the Obama administration.

The expansion enables adults with incomes up to 138% of the poverty level to receive Medicaid. The federal government picks up the whole tab for their care through 2016, then tapers its support down to 90% of the costs.

It would be HI-larious, if the consequences weren’t so severe and even fatal, that states who’ve happily sucked off the government teat for years are all of a sudden uninterested in federal dollars for poor people to be able to go to the doctor.

Moocher Red States Still Don’t Want Free Healthcare Money With Obama’s Name On It

There NEVER was a health care crisis as there NEVER were 46 million uninsured Americans just as there never were 155 million americans with Pre-existing conditions that prevented them from getting health insurance.

There IS a plan to destroy 1,400 companies that pay $100 billion a year in taxes and putting 450,000 people out of work!

This from the person that KNEW that fools like you could be easily swayed by falsehoods!
So much so Obama TOLD you he was fooling you and he even hired a guy who said people like you make up the "Stupidity of American Voter" to pass Obamacare!

NOW for the FACTS supporting these above STATEMENTS!
Obama once said:
“I don’t have to explain to you that nearly 46 million Americans don’t have health insurance coverage today. In the wealthiest nation on Earth, 46 million of our fellow citizens have no coverage.”

Even Obama admitted 10 million were illegals not eligible so he AFTER he repeated the above lie and when ACA passed HE said there were 36 million!
1) 10 million Obama counted were not Americans... not citizens per the Census:
Proof: Income, Poverty and Health Insurance Coverage in the United States: 2009 - Income & Wealth - Newsroom - U.S. Census Bureau
2) Obama failed to get 14 million people eligible for Medicaid enrolled. That's all that is needed. That leaves 22 million.
http://coverageforall.org/pdf/BC-BS_Uninsured-America.pdf
3) 18 million under 34 don't NEED insurance. Can afford employers' plans as they make over $50k. That leaves 4 million.
CRISIS OF THE UNINSURED: 2009
There have never been 46 million UNINSURED AMERICANS but less then 4 million!

Obama has said "I prefer a single payer health care system". Well logic would state "single payer" means no other PAYERS!
So what happens to the 1,400 insurance companies?

Bubba, I'm TIRED of spanking YOU and your bullshit right wing memes. Until you man up on Dubya's subprime bubble, go fuk yourself!

So your ignorant selective editing LEFT OUT these MAJOR CLINTON contributors to the housing bubble crash!

HEY did you know YOUR link HUD Scandals Shows this:

The Cisneros Years, 1993–1997
In the Clinton administration, a primary mission of HUD was to increase home ownership rates, especially among minorities and low-income families.
That mission was carried out through HUD subsidy programs and through the two government-connected mortgage finance giants, Fannie Mae and Freddie Mac. In 1992, HUD was given regulatory authority over these government-sponsored enterprises, and it began pushing the two firms into the subprime lending business.
We now know that these political decisions on housing that were made in the 1990s helped fuel the housing bubble and subsequent crash in the early 21st century, so it is worth looking into the leadership of HUD during those years.
Henry Cisneros served as President Bill Clinton's HUD secretary from 1993 to 1997, when he resigned to deal with allegations that he lied to the FBI about payments he made to a former mistress. Cisneros plead guilty in 1999 and was fined $10,000, avoiding a possible prison sentence.
A key weapon in the Cisneros arsenal was the Clinton administration's changes to the Community Reinvestment Act. The CRA was passed in 1977 and updated in 1995 to pressure lenders into making more loans to moderate-income borrowers by allowing regulators to deny merger approvals for banks with low CRA ratings. Even complaints brought by activists, such as the leftist group ACORN, were now counted against a bank's CRA rating. The result was that banks began issuing more loans to otherwise uncreditworthy borrowers while purchasing more CRA mortgage-backed securities.28 As housing finance expert Peter Wallison noted, "The most important fact associated with the CRA is the effort to reduce underwriting standards. … Once those standards were relaxed … they spread rapidly to the prime market and to subprime markets where loans were made by lenders other than insured banks."29 -

The Cuomo Years, 1997-2001
During the Cuomo years, mortgage industry officials and housing advocates wanted Fannie Mae and Freddie Mac to purchase higher volumes of riskier loans that were offered to less credit-worthy borrowers.
Cuomo's HUD continued to pressure Fannie and Freddie to increase the portion of their portfolios consisting of loans to moderate-income borrowers.
Cuomo applied pressure by having HUD publicly "investigate" whether Fannie and Freddie were sufficiently in compliance with government fair-lending standards designed to prevent discrimination.
Cuomo also supported efforts to have home sellers funnel money to nonprofit groups to help pay for buyers' down payments and closing costs. These "down payment assistance" loans ended up having default rates twice that of standard FHA-insured mortgages.51 Cuomo portrayed his efforts as helping to increase homeownership rates for minorities, but he also had an interest in not upsetting mortgage industry officials who would later help finance his gubernatorial campaign.
He also worked hard to receive support from leftist housing advocate groups, such as ACORN.

We know now that Fannie and Freddie's expansion into low-quality mortgages was a huge mistake. A decade ago, numerous financial analysts saw the problems coming, but policymakers ignored their concerns and did not change their policy course. Here is a prescient observation by a New York Times reporter in 1999:

In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980s.54

Unfortunately, the housing and financial debacles of 2008 and 2009 were far larger than the savings and loan mess. But with Cuomo, fiscally prudent policies took a backseat to his political aspirations.
See more at: HUD Scandals

It’s true that key Democrats opposed the Federal Housing Enterprise Regulatory Reform Act of 2005, which would have established a single, independent regulatory body with jurisdiction over Fannie and Freddie – a move that the Government Accountability Office had recommended in a 2004 report. Current House Banking Committee chairman Rep. Barney Frank of Massachusetts opposed legislation to reorganize oversight in 2000 (when Clinton was still president), 2003 and 2004, saying of the 2000 legislation that concern about Fannie and Freddie was "overblown." Just last summer, Senate Banking Committee chairman Chris Dodd called a Bush proposal for an independent agency to regulate the two entities "ill-advised."

Now here is factcheck.org on the assignment of blame INCLUDING Bush

Here’s a partial list of those alleged to be at fault:

• The Federal Reserve, which slashed interest rates after the dot-com bubble burst, making credit cheap.
• Home buyers, who took advantage of easy credit to bid up the prices of homes excessively.
• Congress, which continues to support a mortgage tax deduction that gives consumers a tax incentive to buy more expensive houses.
• Real estate agents, most of whom work for the sellers rather than the buyers and who earned higher commissions from selling more expensive homes.
• The Clinton administration, which pushed for less stringent credit and downpayment requirements for working- and middle-class families.
• Mortgage brokers, who offered less-credit-worthy home buyers subprime, adjustable rate loans with low initial payments, but exploding interest rates.
• Former Federal Reserve chairman Alan Greenspan, who in 2004, near the peak of the housing bubble, encouraged Americans to take out adjustable rate mortgages.
• Wall Street firms, who paid too little attention to the quality of the risky loans that they bundled into Mortgage Backed Securities (MBS), and issued bonds using those securities as collateral.
• The Bush administration, which failed to provide needed government oversight of the increasingly dicey mortgage-backed securities market.
• An obscure accounting rule called mark-to-market, which can have the paradoxical result of making assets be worth less on paper than they are in reality during times of panic.
• Collective delusion, or a belief on the part of all parties that home prices would keep rising forever, no matter how high or how fast they had already gone up.

Who Caused the Economic Crisis?

NOW that I've agreed Bush as well as all the above were to blame does that meet your totally biased dishonest opinion?

Dad2Three is a Democrat hack.

 

[healthmyths]

And the left still keeps the blacks as slaves to the government plantation.

And YOU can't give me ONE policy CONservatives have EVER been on the correct side of US history on. Got it!

Fiscally-Conservative Policies Equal More Prosperity, According to Rich States, Poor States -

Goodie, ALEC says so *shaking head*

The states most dependent on the federal government are who you'd least expect

Red states more dependent on federal government - Business Insider

Moocher Red States Still Don’t Want Free Healthcare Money With Obama’s Name On It



Five years after passage of the Affordable Care Act, some red states are still debating, or outright refusing, free money because they just really REALLY hate President Obama:

Twenty-four states and the District of Columbia said yes to Medicaid expansion when the law went into effect. Since then, just six more have signed on. States that say yes get billions of additional federal dollars, but many Republican lawmakers are loathe to say yes to the Obama administration.

The expansion enables adults with incomes up to 138% of the poverty level to receive Medicaid. The federal government picks up the whole tab for their care through 2016, then tapers its support down to 90% of the costs.

It would be HI-larious, if the consequences weren’t so severe and even fatal, that states who’ve happily sucked off the government teat for years are all of a sudden uninterested in federal dollars for poor people to be able to go to the doctor.

Moocher Red States Still Don’t Want Free Healthcare Money With Obama’s Name On It

There NEVER was a health care crisis as there NEVER were 46 million uninsured Americans just as there never were 155 million americans with Pre-existing conditions that prevented them from getting health insurance.

There IS a plan to destroy 1,400 companies that pay $100 billion a year in taxes and putting 450,000 people out of work!

This from the person that KNEW that fools like you could be easily swayed by falsehoods!
So much so Obama TOLD you he was fooling you and he even hired a guy who said people like you make up the "Stupidity of American Voter" to pass Obamacare!

NOW for the FACTS supporting these above STATEMENTS!
Obama once said:
“I don’t have to explain to you that nearly 46 million Americans don’t have health insurance coverage today. In the wealthiest nation on Earth, 46 million of our fellow citizens have no coverage.”

Even Obama admitted 10 million were illegals not eligible so he AFTER he repeated the above lie and when ACA passed HE said there were 36 million!
1) 10 million Obama counted were not Americans... not citizens per the Census:
Proof: Income, Poverty and Health Insurance Coverage in the United States: 2009 - Income & Wealth - Newsroom - U.S. Census Bureau
2) Obama failed to get 14 million people eligible for Medicaid enrolled. That's all that is needed. That leaves 22 million.
http://coverageforall.org/pdf/BC-BS_Uninsured-America.pdf
3) 18 million under 34 don't NEED insurance. Can afford employers' plans as they make over $50k. That leaves 4 million.
CRISIS OF THE UNINSURED: 2009
There have never been 46 million UNINSURED AMERICANS but less then 4 million!

Obama has said "I prefer a single payer health care system". Well logic would state "single payer" means no other PAYERS!
So what happens to the 1,400 insurance companies?

Bubba, I'm TIRED of spanking YOU and your bullshit right wing memes. Until you man up on Dubya's subprime bubble, go fuk yourself!

Frank blames the poor for housing crash
Congressman Frank makes assertions about who was responsible, but he, like all those who hold his position, have no data. He says that the banks were responsible, but cannot challenge the numbers I have outlined above. These numbers show, beyond question, that it was government housing policy that caused the financial crisis. Even he has admitted it. In an interview on Larry Kudlow's show in August 2010, he said "I hope by next year we'll have abolished Fannie and Freddie ... it was a great mistake to push lower-income people into housing they couldn't afford and couldn't really handle once they had it."
Hey, Barney Frank: The Government Did Cause the Housing Crisis

 

[the_human_being]

And the left still keeps the blacks as slaves to the government plantation.

And YOU can't give me ONE policy CONservatives have EVER been on the correct side of US history on. Got it!

Fiscally-Conservative Policies Equal More Prosperity, According to Rich States, Poor States -

Goodie, ALEC says so *shaking head*

The states most dependent on the federal government are who you'd least expect

Red states more dependent on federal government - Business Insider

Moocher Red States Still Don’t Want Free Healthcare Money With Obama’s Name On It



Five years after passage of the Affordable Care Act, some red states are still debating, or outright refusing, free money because they just really REALLY hate President Obama:

Twenty-four states and the District of Columbia said yes to Medicaid expansion when the law went into effect. Since then, just six more have signed on. States that say yes get billions of additional federal dollars, but many Republican lawmakers are loathe to say yes to the Obama administration.

The expansion enables adults with incomes up to 138% of the poverty level to receive Medicaid. The federal government picks up the whole tab for their care through 2016, then tapers its support down to 90% of the costs.

It would be HI-larious, if the consequences weren’t so severe and even fatal, that states who’ve happily sucked off the government teat for years are all of a sudden uninterested in federal dollars for poor people to be able to go to the doctor.

Moocher Red States Still Don’t Want Free Healthcare Money With Obama’s Name On It

There NEVER was a health care crisis as there NEVER were 46 million uninsured Americans just as there never were 155 million americans with Pre-existing conditions that prevented them from getting health insurance.

There IS a plan to destroy 1,400 companies that pay $100 billion a year in taxes and putting 450,000 people out of work!

This from the person that KNEW that fools like you could be easily swayed by falsehoods!
So much so Obama TOLD you he was fooling you and he even hired a guy who said people like you make up the "Stupidity of American Voter" to pass Obamacare!

NOW for the FACTS supporting these above STATEMENTS!
Obama once said:
“I don’t have to explain to you that nearly 46 million Americans don’t have health insurance coverage today. In the wealthiest nation on Earth, 46 million of our fellow citizens have no coverage.”

Even Obama admitted 10 million were illegals not eligible so he AFTER he repeated the above lie and when ACA passed HE said there were 36 million!
1) 10 million Obama counted were not Americans... not citizens per the Census:
Proof: Income, Poverty and Health Insurance Coverage in the United States: 2009 - Income & Wealth - Newsroom - U.S. Census Bureau
2) Obama failed to get 14 million people eligible for Medicaid enrolled. That's all that is needed. That leaves 22 million.
http://coverageforall.org/pdf/BC-BS_Uninsured-America.pdf
3) 18 million under 34 don't NEED insurance. Can afford employers' plans as they make over $50k. That leaves 4 million.
CRISIS OF THE UNINSURED: 2009
There have never been 46 million UNINSURED AMERICANS but less then 4 million!

Obama has said "I prefer a single payer health care system". Well logic would state "single payer" means no other PAYERS!
So what happens to the 1,400 insurance companies?

Bubba, I'm TIRED of spanking YOU and your bullshit right wing memes. Until you man up on Dubya's subprime bubble, go fuk yourself!

You must be yet another of Big Yank's brothers. Both of you feel the need to express yourselves with the most base of profanities. Typical Liberal no-class brute beast jargon. Pathetic.

 

[the_human_being]

Fiscally-Conservative Policies Equal More Prosperity, According to Rich States, Poor States -

Goodie, ALEC says so *shaking head*

The states most dependent on the federal government are who you'd least expect

Red states more dependent on federal government - Business Insider

Moocher Red States Still Don’t Want Free Healthcare Money With Obama’s Name On It



Five years after passage of the Affordable Care Act, some red states are still debating, or outright refusing, free money because they just really REALLY hate President Obama:

Twenty-four states and the District of Columbia said yes to Medicaid expansion when the law went into effect. Since then, just six more have signed on. States that say yes get billions of additional federal dollars, but many Republican lawmakers are loathe to say yes to the Obama administration.

The expansion enables adults with incomes up to 138% of the poverty level to receive Medicaid. The federal government picks up the whole tab for their care through 2016, then tapers its support down to 90% of the costs.

It would be HI-larious, if the consequences weren’t so severe and even fatal, that states who’ve happily sucked off the government teat for years are all of a sudden uninterested in federal dollars for poor people to be able to go to the doctor.

Moocher Red States Still Don’t Want Free Healthcare Money With Obama’s Name On It

There NEVER was a health care crisis as there NEVER were 46 million uninsured Americans just as there never were 155 million americans with Pre-existing conditions that prevented them from getting health insurance.

There IS a plan to destroy 1,400 companies that pay $100 billion a year in taxes and putting 450,000 people out of work!

This from the person that KNEW that fools like you could be easily swayed by falsehoods!
So much so Obama TOLD you he was fooling you and he even hired a guy who said people like you make up the "Stupidity of American Voter" to pass Obamacare!

NOW for the FACTS supporting these above STATEMENTS!
Obama once said:
“I don’t have to explain to you that nearly 46 million Americans don’t have health insurance coverage today. In the wealthiest nation on Earth, 46 million of our fellow citizens have no coverage.”

Even Obama admitted 10 million were illegals not eligible so he AFTER he repeated the above lie and when ACA passed HE said there were 36 million!
1) 10 million Obama counted were not Americans... not citizens per the Census:
Proof: Income, Poverty and Health Insurance Coverage in the United States: 2009 - Income & Wealth - Newsroom - U.S. Census Bureau
2) Obama failed to get 14 million people eligible for Medicaid enrolled. That's all that is needed. That leaves 22 million.
http://coverageforall.org/pdf/BC-BS_Uninsured-America.pdf
3) 18 million under 34 don't NEED insurance. Can afford employers' plans as they make over $50k. That leaves 4 million.
CRISIS OF THE UNINSURED: 2009
There have never been 46 million UNINSURED AMERICANS but less then 4 million!

Obama has said "I prefer a single payer health care system". Well logic would state "single payer" means no other PAYERS!
So what happens to the 1,400 insurance companies?

Bubba, I'm TIRED of spanking YOU and your bullshit right wing memes. Until you man up on Dubya's subprime bubble, go fuk yourself!

So your ignorant selective editing LEFT OUT these MAJOR CLINTON contributors to the housing bubble crash!

HEY did you know YOUR link HUD Scandals Shows this:

The Cisneros Years, 1993–1997
In the Clinton administration, a primary mission of HUD was to increase home ownership rates, especially among minorities and low-income families.
That mission was carried out through HUD subsidy programs and through the two government-connected mortgage finance giants, Fannie Mae and Freddie Mac. In 1992, HUD was given regulatory authority over these government-sponsored enterprises, and it began pushing the two firms into the subprime lending business.
We now know that these political decisions on housing that were made in the 1990s helped fuel the housing bubble and subsequent crash in the early 21st century, so it is worth looking into the leadership of HUD during those years.
Henry Cisneros served as President Bill Clinton's HUD secretary from 1993 to 1997, when he resigned to deal with allegations that he lied to the FBI about payments he made to a former mistress. Cisneros plead guilty in 1999 and was fined $10,000, avoiding a possible prison sentence.
A key weapon in the Cisneros arsenal was the Clinton administration's changes to the Community Reinvestment Act. The CRA was passed in 1977 and updated in 1995 to pressure lenders into making more loans to moderate-income borrowers by allowing regulators to deny merger approvals for banks with low CRA ratings. Even complaints brought by activists, such as the leftist group ACORN, were now counted against a bank's CRA rating. The result was that banks began issuing more loans to otherwise uncreditworthy borrowers while purchasing more CRA mortgage-backed securities.28 As housing finance expert Peter Wallison noted, "The most important fact associated with the CRA is the effort to reduce underwriting standards. … Once those standards were relaxed … they spread rapidly to the prime market and to subprime markets where loans were made by lenders other than insured banks."29 -

The Cuomo Years, 1997-2001
During the Cuomo years, mortgage industry officials and housing advocates wanted Fannie Mae and Freddie Mac to purchase higher volumes of riskier loans that were offered to less credit-worthy borrowers.
Cuomo's HUD continued to pressure Fannie and Freddie to increase the portion of their portfolios consisting of loans to moderate-income borrowers.
Cuomo applied pressure by having HUD publicly "investigate" whether Fannie and Freddie were sufficiently in compliance with government fair-lending standards designed to prevent discrimination.
Cuomo also supported efforts to have home sellers funnel money to nonprofit groups to help pay for buyers' down payments and closing costs. These "down payment assistance" loans ended up having default rates twice that of standard FHA-insured mortgages.51 Cuomo portrayed his efforts as helping to increase homeownership rates for minorities, but he also had an interest in not upsetting mortgage industry officials who would later help finance his gubernatorial campaign.
He also worked hard to receive support from leftist housing advocate groups, such as ACORN.

We know now that Fannie and Freddie's expansion into low-quality mortgages was a huge mistake. A decade ago, numerous financial analysts saw the problems coming, but policymakers ignored their concerns and did not change their policy course. Here is a prescient observation by a New York Times reporter in 1999:

In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980s.54

Unfortunately, the housing and financial debacles of 2008 and 2009 were far larger than the savings and loan mess. But with Cuomo, fiscally prudent policies took a backseat to his political aspirations.
See more at: HUD Scandals

It’s true that key Democrats opposed the Federal Housing Enterprise Regulatory Reform Act of 2005, which would have established a single, independent regulatory body with jurisdiction over Fannie and Freddie – a move that the Government Accountability Office had recommended in a 2004 report. Current House Banking Committee chairman Rep. Barney Frank of Massachusetts opposed legislation to reorganize oversight in 2000 (when Clinton was still president), 2003 and 2004, saying of the 2000 legislation that concern about Fannie and Freddie was "overblown." Just last summer, Senate Banking Committee chairman Chris Dodd called a Bush proposal for an independent agency to regulate the two entities "ill-advised."

Now here is factcheck.org on the assignment of blame INCLUDING Bush

Here’s a partial list of those alleged to be at fault:

• The Federal Reserve, which slashed interest rates after the dot-com bubble burst, making credit cheap.
• Home buyers, who took advantage of easy credit to bid up the prices of homes excessively.
• Congress, which continues to support a mortgage tax deduction that gives consumers a tax incentive to buy more expensive houses.
• Real estate agents, most of whom work for the sellers rather than the buyers and who earned higher commissions from selling more expensive homes.
• The Clinton administration, which pushed for less stringent credit and downpayment requirements for working- and middle-class families.
• Mortgage brokers, who offered less-credit-worthy home buyers subprime, adjustable rate loans with low initial payments, but exploding interest rates.
• Former Federal Reserve chairman Alan Greenspan, who in 2004, near the peak of the housing bubble, encouraged Americans to take out adjustable rate mortgages.
• Wall Street firms, who paid too little attention to the quality of the risky loans that they bundled into Mortgage Backed Securities (MBS), and issued bonds using those securities as collateral.
• The Bush administration, which failed to provide needed government oversight of the increasingly dicey mortgage-backed securities market.
• An obscure accounting rule called mark-to-market, which can have the paradoxical result of making assets be worth less on paper than they are in reality during times of panic.
• Collective delusion, or a belief on the part of all parties that home prices would keep rising forever, no matter how high or how fast they had already gone up.

Who Caused the Economic Crisis?

NOW that I've agreed Bush as well as all the above were to blame does that meet your totally biased dishonest opinion?

Dad2Three is a Democrat hack.

He uses language akin to some stone age barbaric sub-human.

 

[dblack]

I suspect it's because many, on both sides of the ideological debate, are beginning to realize that what we usually get in the name of compromise is worse than either extreme.

 

[longknife]

In order to COMPROMISE, BOTH sides must be willing to do so!

When have Democrats ever compromised on anything?

 

[Misty]

Has anyone ever heard a Democrat make such statements? Anarchy is not what the founding fathers intended. Compromise is how a democracy is able to function. Compromise is how our Constitution was written and ratified. What the far right now calls RINOs is what the Republican Party used to be. Radical extremist obstructionism is no way to govern.

Definition of COMPROMISE

a : settlement of differences by arbitration or by consent reached by mutual concessions

b : something intermediate between or blending qualities of two different things

compromise | a way of reaching agreement in which each person or group gives up something that was wanted in order to end an argument or dispute

consensus | a general agreement about something : an idea or opinion that is shared by all the people in a group

Why would republicans compromise with democrats when democrats never compromise with republicans.

 

[M14 Shooter]

Definition of COMPROMISE
a : settlement of differences by arbitration or by consent reached by mutual concessions
b : something intermediate between or blending qualities of two different things
compromise | a way of reaching agreement in which each person or group gives up something that was wanted in order to end an argument or dispute

Still waiting for an anti-gun loon willing to compromise
Pro-gun, pro-NRA guy, willing to comprimise! | US Message Board - Political Discussion Forum

 

[Dad2three]

And YOU can't give me ONE policy CONservatives have EVER been on the correct side of US history on. Got it!

Fiscally-Conservative Policies Equal More Prosperity, According to Rich States, Poor States -

Goodie, ALEC says so *shaking head*

The states most dependent on the federal government are who you'd least expect

Red states more dependent on federal government - Business Insider

Moocher Red States Still Don’t Want Free Healthcare Money With Obama’s Name On It



Five years after passage of the Affordable Care Act, some red states are still debating, or outright refusing, free money because they just really REALLY hate President Obama:

Twenty-four states and the District of Columbia said yes to Medicaid expansion when the law went into effect. Since then, just six more have signed on. States that say yes get billions of additional federal dollars, but many Republican lawmakers are loathe to say yes to the Obama administration.

The expansion enables adults with incomes up to 138% of the poverty level to receive Medicaid. The federal government picks up the whole tab for their care through 2016, then tapers its support down to 90% of the costs.

It would be HI-larious, if the consequences weren’t so severe and even fatal, that states who’ve happily sucked off the government teat for years are all of a sudden uninterested in federal dollars for poor people to be able to go to the doctor.

Moocher Red States Still Don’t Want Free Healthcare Money With Obama’s Name On It

There NEVER was a health care crisis as there NEVER were 46 million uninsured Americans just as there never were 155 million americans with Pre-existing conditions that prevented them from getting health insurance.

There IS a plan to destroy 1,400 companies that pay $100 billion a year in taxes and putting 450,000 people out of work!

This from the person that KNEW that fools like you could be easily swayed by falsehoods!
So much so Obama TOLD you he was fooling you and he even hired a guy who said people like you make up the "Stupidity of American Voter" to pass Obamacare!

NOW for the FACTS supporting these above STATEMENTS!
Obama once said:
“I don’t have to explain to you that nearly 46 million Americans don’t have health insurance coverage today. In the wealthiest nation on Earth, 46 million of our fellow citizens have no coverage.”

Even Obama admitted 10 million were illegals not eligible so he AFTER he repeated the above lie and when ACA passed HE said there were 36 million!
1) 10 million Obama counted were not Americans... not citizens per the Census:
Proof: Income, Poverty and Health Insurance Coverage in the United States: 2009 - Income & Wealth - Newsroom - U.S. Census Bureau
2) Obama failed to get 14 million people eligible for Medicaid enrolled. That's all that is needed. That leaves 22 million.
http://coverageforall.org/pdf/BC-BS_Uninsured-America.pdf
3) 18 million under 34 don't NEED insurance. Can afford employers' plans as they make over $50k. That leaves 4 million.
CRISIS OF THE UNINSURED: 2009
There have never been 46 million UNINSURED AMERICANS but less then 4 million!

Obama has said "I prefer a single payer health care system". Well logic would state "single payer" means no other PAYERS!
So what happens to the 1,400 insurance companies?

Bubba, I'm TIRED of spanking YOU and your bullshit right wing memes. Until you man up on Dubya's subprime bubble, go fuk yourself!

So your ignorant selective editing LEFT OUT these MAJOR CLINTON contributors to the housing bubble crash!

HEY did you know YOUR link HUD Scandals Shows this:

The Cisneros Years, 1993–1997
In the Clinton administration, a primary mission of HUD was to increase home ownership rates, especially among minorities and low-income families.
That mission was carried out through HUD subsidy programs and through the two government-connected mortgage finance giants, Fannie Mae and Freddie Mac. In 1992, HUD was given regulatory authority over these government-sponsored enterprises, and it began pushing the two firms into the subprime lending business.
We now know that these political decisions on housing that were made in the 1990s helped fuel the housing bubble and subsequent crash in the early 21st century, so it is worth looking into the leadership of HUD during those years.
Henry Cisneros served as President Bill Clinton's HUD secretary from 1993 to 1997, when he resigned to deal with allegations that he lied to the FBI about payments he made to a former mistress. Cisneros plead guilty in 1999 and was fined $10,000, avoiding a possible prison sentence.
A key weapon in the Cisneros arsenal was the Clinton administration's changes to the Community Reinvestment Act. The CRA was passed in 1977 and updated in 1995 to pressure lenders into making more loans to moderate-income borrowers by allowing regulators to deny merger approvals for banks with low CRA ratings. Even complaints brought by activists, such as the leftist group ACORN, were now counted against a bank's CRA rating. The result was that banks began issuing more loans to otherwise uncreditworthy borrowers while purchasing more CRA mortgage-backed securities.28 As housing finance expert Peter Wallison noted, "The most important fact associated with the CRA is the effort to reduce underwriting standards. … Once those standards were relaxed … they spread rapidly to the prime market and to subprime markets where loans were made by lenders other than insured banks."29 -

The Cuomo Years, 1997-2001
During the Cuomo years, mortgage industry officials and housing advocates wanted Fannie Mae and Freddie Mac to purchase higher volumes of riskier loans that were offered to less credit-worthy borrowers.
Cuomo's HUD continued to pressure Fannie and Freddie to increase the portion of their portfolios consisting of loans to moderate-income borrowers.
Cuomo applied pressure by having HUD publicly "investigate" whether Fannie and Freddie were sufficiently in compliance with government fair-lending standards designed to prevent discrimination.
Cuomo also supported efforts to have home sellers funnel money to nonprofit groups to help pay for buyers' down payments and closing costs. These "down payment assistance" loans ended up having default rates twice that of standard FHA-insured mortgages.51 Cuomo portrayed his efforts as helping to increase homeownership rates for minorities, but he also had an interest in not upsetting mortgage industry officials who would later help finance his gubernatorial campaign.
He also worked hard to receive support from leftist housing advocate groups, such as ACORN.

We know now that Fannie and Freddie's expansion into low-quality mortgages was a huge mistake. A decade ago, numerous financial analysts saw the problems coming, but policymakers ignored their concerns and did not change their policy course. Here is a prescient observation by a New York Times reporter in 1999:

In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980s.54

Unfortunately, the housing and financial debacles of 2008 and 2009 were far larger than the savings and loan mess. But with Cuomo, fiscally prudent policies took a backseat to his political aspirations.
See more at: HUD Scandals

It’s true that key Democrats opposed the Federal Housing Enterprise Regulatory Reform Act of 2005, which would have established a single, independent regulatory body with jurisdiction over Fannie and Freddie – a move that the Government Accountability Office had recommended in a 2004 report. Current House Banking Committee chairman Rep. Barney Frank of Massachusetts opposed legislation to reorganize oversight in 2000 (when Clinton was still president), 2003 and 2004, saying of the 2000 legislation that concern about Fannie and Freddie was "overblown." Just last summer, Senate Banking Committee chairman Chris Dodd called a Bush proposal for an independent agency to regulate the two entities "ill-advised."

Now here is factcheck.org on the assignment of blame INCLUDING Bush

Here’s a partial list of those alleged to be at fault:

• The Federal Reserve, which slashed interest rates after the dot-com bubble burst, making credit cheap.
• Home buyers, who took advantage of easy credit to bid up the prices of homes excessively.
• Congress, which continues to support a mortgage tax deduction that gives consumers a tax incentive to buy more expensive houses.
• Real estate agents, most of whom work for the sellers rather than the buyers and who earned higher commissions from selling more expensive homes.
• The Clinton administration, which pushed for less stringent credit and downpayment requirements for working- and middle-class families.
• Mortgage brokers, who offered less-credit-worthy home buyers subprime, adjustable rate loans with low initial payments, but exploding interest rates.
• Former Federal Reserve chairman Alan Greenspan, who in 2004, near the peak of the housing bubble, encouraged Americans to take out adjustable rate mortgages.
• Wall Street firms, who paid too little attention to the quality of the risky loans that they bundled into Mortgage Backed Securities (MBS), and issued bonds using those securities as collateral.
• The Bush administration, which failed to provide needed government oversight of the increasingly dicey mortgage-backed securities market.
• An obscure accounting rule called mark-to-market, which can have the paradoxical result of making assets be worth less on paper than they are in reality during times of panic.
• Collective delusion, or a belief on the part of all parties that home prices would keep rising forever, no matter how high or how fast they had already gone up.

Who Caused the Economic Crisis?

NOW that I've agreed Bush as well as all the above were to blame does that meet your totally biased dishonest opinion?

MORE RIGHT WING BS. SHOCKING

Right-wingers Want To Erase How George Bush's "Homeowner Society" Helped Cause The Economic Collapse


2004 Republican Convention:

Another priority for a new term is to build an ownership society, because ownership brings security and dignity and independence.
...

Thanks to our policies, home ownership in America is at an all- time high.

(APPLAUSE)

Tonight we set a new goal: 7 million more affordable homes in the next 10 years, so more American families will be able to open the door and say, "Welcome to my home."


June 17, 2004


Builders to fight Bush's low-income plan


NEW YORK (CNN/Money) - Home builders, realtors and others are preparing to fight a Bush administration plan that would require Fannie Mae and Freddie Mac to increase financing of homes for low-income people, a home builder group said Thursday.


Home builders fight Bush's low-income housing - Jun. 17, 2004

Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”



Q Did the Community Reinvestment Act under Carter/Clinton caused it?


A "Since 1995 there has been essentially no change in the basic CRA rules or enforcement process that can be reasonably linked to the subprime lending activity. This fact weakens the link between the CRA and the current crisis since the crisis is rooted in poor performance of mortgage loans made between 2004 and 2007. "

http://www.federalreserve.gov/newsevents/speech/20081203_analysis.pdf

YEAH, CLINTON:

"Another form of easing facilitated the rapid rise of mortgages that didn't require borrowers to fully document their incomes. In 2006, these low- or no-doc loans comprised 81 percent of near-prime, 55 percent of jumbo, 50 percent of subprime and 36 percent of prime securitized mortgages."

Q HOLY JESUS! DID YOU JUST PROVE THAT OVER 50% OF ALL MORTGAGES IN 2006 DIDN'T REQUIRE BORROWERS TO DOCUMENT THEIR INCOME?!?!?!?

A Yes.




Q WHO THE HELL LOANS HUNDREDS OF THOUSANDS OF DOLLARS TO PEOPLE WITHOUT CHECKING THEIR INCOMES?!?!?

A Banks.

Q WHY??!?!!!?!

A Two reasons, greed and Bush's regulators let them.



Bush's documented policies and statements in timeframe leading up to the start of the Bush Mortgage Bubble include (but not limited to)

Wanting 5.5 million more minority homeowners
Tells congress there is nothing wrong with GSEs
Pledging to use federal policy to increase home ownership
Routinely taking credit for the housing market
Forcing GSEs to buy more low income home loans by raising their Housing Goals
Lowering Investment banks capital requirements, Net Capital rule
Reversing the Clinton rule that restricted GSEs purchases of subprime loans
Lowering down payment requirements to 0%
Forcing GSEs to spend an additional $440 billion in the secondary markets
Giving away 40,000 free down payments
PREEMPTING ALL STATE LAWS AGAINST PREDATORY LENDING


But the biggest policy was regulators not enforcing lending standards.


FACTS on Dubya's great recession | US Message Board - Political Discussion Forum

 

[Soggy in NOLA]

Why would I compromise with evil? And sorry, if you think Boehner and McConnell are extremists, you're nutz.

 

[Soggy in NOLA]

The far right wants to destroy America and hand it completely over to the corporations. They hate that the government would dare help the little guy and within their mind that must end.

Compromise = keeping things working and that is a evil thing.

Gee, want a carrot?

 

[the_human_being]

Has anyone ever heard a Democrat make such statements? Anarchy is not what the founding fathers intended. Compromise is how a democracy is able to function. Compromise is how our Constitution was written and ratified. What the far right now calls RINOs is what the Republican Party used to be. Radical extremist obstructionism is no way to govern.

Definition of COMPROMISE

a : settlement of differences by arbitration or by consent reached by mutual concessions

b : something intermediate between or blending qualities of two different things

compromise | a way of reaching agreement in which each person or group gives up something that was wanted in order to end an argument or dispute

consensus | a general agreement about something : an idea or opinion that is shared by all the people in a group

When you're dealing with a gaggle of liars and fags, there is no compromise.

Not true, Obama has CONTINUALLY reached out to you Klowns!

But you do acknowledge they are a gaggle of faggots and liars, right?

In the GOP/CONservative movement? Yep

Don't you need to run over to your local neighborhood convenience store and strong-arm the clerk and pick up a few packs of Swisher Sweets? You can post Big Yank outside with his trusty OBAMAPHONE to give you a "heads up" if a cop happens by. You'll have to put the OBAMAPHONE on auto-dial though or Big Yank will screw that up too.