Obama in 2001, Wealth Redistribution, Warren Court

So why did you say it was Bush that flooded the market with cheap money.

Cheap money doesn't necessarily allow people to buy homes they can't afford, unregulated derivatives was happening under Clinton, as well as Bush.

You lack of understanding on these subjects is just embarrassing.

 

who lowered the interest rates? why are these products blowing up now, its because of mortgages taken out under clinton, or mortgages taken out in the last six years, when one president tried to boost the economy on the housing market.

nice tj line by the way

 

I didn't know Bush can lower interest rates, he must really be the evil emperor. The derivatives that are blowing up now, was as unregulated under Clinton as is under Bush. Both of them pushed back on regulation, actually more like Greenspan pushed back.

You need to stop further embarrass yourself now, try to do a little research on the subject instead of just regurgitate dem talking points.

 

the derivatives that are blowing up now, what mortgages are they derived from. just answer that question, and i will stop embarrassing myself. and yes I understand its actually not bush who lowers rates. but it was his policy. thanks for the civics lesson.


by the way

i like how you don't give credit to clinton for balancing the budget, but ignore that it was the republican congress who pushed that legislation of deregulation.

 

if there's one thing ive learned form this election, it's that a lot of people dont know what socialism is....

 

It really doesn't matter what mortgages they are derived from. Its the fact that people are allow to bet for/against them without actually having to own them is the cause for this ballooning market. Its no different than betting on the weather to go above or below 65 tomorrow. I guess you can blame the weather for people's gambling losses. Subprime alone isn't nearly the problem we have on hand now. There you go, this is your answer.

Oh I guess Bush can lower the interest rate if Greenspan didn't want to do it?

I'm perfectly willing to give Clinton some credit for balance the budget, something which Obama will not even attempt to do. And I can only dream Obama will raise my taxes to just the Clinton levels.

 

For real. Almost every Western country is rocking some socialist principle, it's just unreal that some people are STILL paranoid of the word and it's associations.

Just as an example, universal health care.

 

Since there are racial undertones on this board. Let me be clear about my position I believe in this country there are still hardships on minorities and we as a country should lend a hand to help those who seek help. I think the better solution is to teach someone to fish rather than to give them the fish. But I also understand there are circumstances when you did need to give them just the fish. If someone want to get out of a life of poverty than we owe it to them to provide a path.

My problem with Obama is not that he has extreme liberal views. (Okay maybe I have a little problem with that). It is that my gut believes he is a liar saying whatever it takes to get elected and that all his so called neighbors are really his mentors who carry his ideology of America is corrupt capitalistic society that must be over thrown in favor of Marxism. This is not a racial issue for me. I don't see Barack as black IMO he has more intellectual white radical views. He does not represent the wonderful black people I know who love their country and religion in spite of it's faults. We are changing and that is evident in the turnouts at Obama's rallies. My problem with Obama is he William Ayers with a black face. As extreme liberal as Jesse Jackson is I would vote for him long before I would vote for Obama.

 

Freudian slip?

Also, way to just tell everyone that your entire vote is based on the fact that you think Obama is trying to turn the country into Marxism, ignoring the fact that he has several established financial advisers and that he has nowhere enough power to do that anyways. I guess a vote based on fear is better then a vote based on nothing though.

 

I feel like I have read your 1040 by now. I'm very happy that you claim to have made 300k last year. Do you drive a Dodge Stratus as well?

 

And this is exactly how I feel about McCain. I feel that his motives are purely political and not at all in the best interests of our country. He has proven that he will do anything to get elected, stoop to the lowest of lows, and the really sad part? It's not even working. I feel that Obama is genuinely interested in the well-being of our nation, and that isn't something I've felt in a long time for a politician.

 

Neah, although I am thinking about getting a prius so I can fit in with my neighbors here in liberal central.

 

That is such BS NSTORM. If you look at my post you will see typos everywhere. I was going to write william ayers with a black face and than my train of thought faded. By the way are you black. Also I would like to do a callout to all the Black people on this board (I apologize if I am politically incorrect. I am not sure if it should be Afro American or Black). Does Obama truly represent you and our you more proud of him than Martin Luther king or Malcolm X. Yes I include Malcolm X because I truly admire him and his beliefs for his people. And if your choices were Obama Condeleeza Rice or Jesse Jackson who would you pick.

 

Now that is a fair and thought out answer. We disagree but you your point is understood and respected.

 

WTF ?

 

Right?!?!?

Obama is going to overthrow the government, jail all the white men and rape all the white women. All the while raining death and destruction on America.

PRAISE ALLAH!!!

 

Wow you can't have an open conversation without the idiots coming out. First I don't believe Obama is muslim. And I don't care unless he was Al Queda. (and don't go misquoting me accusing Obama of that). Also I don't believe Obama is like the old Mad Bomber William Ayers but rather the new smarter Ayers who believes in teaching the youth that Americas capitilistic society is an opressive society. I grew up as a minority that suffered prejudices but I will acknowledge it is not the same as growing up black in America. But that being said Obama is half white and was raised by his white Mom and white grandparents. His upbringing is white middle class America with the exception of his one mentor Frank marshall Davis. Davis is a communist with a 600 page file with the FBI.

Now I even understand Davis' propensity to favoring Marxist views over democracy in age when racism was the rule. But with the exception of bigots on both sides that is not the case now. So if all Obama got from Davis was this communistic ideology that is a reason for concern. It is clear to me Obama has toned done his rhetoric extremely to appease more of middle America. What isn't clear to me, exactly who is Obama. And if after Obama is elected (I believe is inevitable) with a super majority in the house and no checks or balances what he will do. That is a real concern and I hope Obama is just power hungry and wants the position of Presidency but will remain as left centered in his policies as he would like Americans to believe on his campaign trail. If that is the case than I will be the first to admit I misjudged him.

 

I don't know, Old Man Rock, I really sturggle with you on some of your posts. You have this awesome perspective on the Rockets, were man enough to apologize in the grandmother thread, and I really don't like dismissing people on this board unless they earn it. But this post is really really tough to be sympathetic with.

You seem very confused and very very afraid, and I am not sure why. There is no evidence of things like" all his so called neighbors are really his mentors who carry his ideology of America is corrupt capitalistic society that must be over thrown in favor of Marxism" - it seems very very paranoid and conspiratorial. I would argue that your wildly reactionary anti-Obama threads - the widely debunked "LIAR" post, and the retracted post belittling his visit to his ill relative - are A) reflective of an emotional, not intellectual fear of Obama and what he stands for B) obsessed with issues totally immaterial to the job responsibilities involved with being president. Your logic is not internally consistent nor evidence based (his history of political votes and actions are not in any way consistent with radical Marxism) and, seem to long to find a Manchurian Candidate about to detonate and destroy us all.

People can disagree with Obama on things like Iraq, tax policy and whatever. But these are basically business differences. Painting him as the devil at the exclusion of demonstrable facts to the contrary - like Trader has been for about a year now - reflects fear, not insight.

 

This a HACK JOB. They are splicing together audio for there purposes. Listen to the full interviews....http://apps.wbez.org/blog/?p=639

Typical republicans.......

 

Again I respect thoughtful posts and acknowledge your criticism as fair. It's not fear it is a belief in what seems inevitable to come to pass. I don't believe Obama's the Manchurian Candidate in the sense that he is programmed. But I do believe Frank Davis had a much stronger role in Obama's life than he would be willing to admit. And I also believe that it is why it became so easy for Obama to easily roll in these circles of socialistic and marxist people.

Frank davis shared ideology with Ayers and believed the youth needed to reindoctrinated to a more open (marxist view). Davis was also an active community organizer, starting a Chicago labor newspaper, and in Hawaii writng a local column on labor and unions. In his books, Obama admits attending socialist conferences and coming into contact with Marxist literature. But it wasn't me but rather Allan Keyes who makes the charge of Obama being a "hard-core academic Marxist. It would take me days to explain how I have come to all these decisions. Still I am not absolutely sure who Obama is which leaves a small sliver of hope that he is just power hungry as most presidents are. I hpe that is the case.