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Shady

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Everything posted by Shady

  1. Yes, and as I've already stated, Republican's tried to fix the problems, unfortunately Democrats blocked such efforts. I guess when you have two governmental financial institutions as piggy banks the way the Dems have, you're reluctant to change. New Agency Proposed to Oversee Freddie Mac and Fannie Mae <----- FROM 2003! The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago. Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry. The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios. The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac -- which together have issued more than $1.5 trillion in outstanding debt -- is broken. A report by outside investigators in July concluded that Freddie Mac manipulated its accounting to mislead investors, and critics have said Fannie Mae does not adequately hedge against rising interest rates The New York Times And what did we get from the Dems? ''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.'' And ''I don't see much other than a shell game going on here, moving something from one agency to another and in the process weakening the bargaining power of poorer families and their ability to get affordable housing,'' Mr. Watt said And they proceeded to block the legislation. All under the "good intentions" of affordable housing. Well, we can all see for ourselves, what the good intentions of Democrats/liberals, have done to the economy. Never forget.
  2. Biden, Obama helped keep 'Bridge to Nowhere' alive DEWEY BEACH, Delaware (CNN) -- Although Democratic vice presidential candidate Joe Biden routinely mocks his Republican counterpart, Alaska Gov. Sarah Palin, for her onetime support of the infamous "Bridge to Nowhere," Biden and his running mate voted to keep the project alive twice. Both Biden and Democratic presidential candidate Barack Obama voted to kill a Senate amendment that would have diverted federal funding for the bridge to repair a Louisiana span badly damaged by Hurricane Katrina, Senate records show. CNN So when is the media going to get around to asking these hypocrite about their support for the bridge? At least Gov. Palin came to the right decision by killing the project. But these guys wouldn't even let the money be diverted for repairs from Hurricane Katrina. I want Barack Obama to have to explain himself, in front of a hundred million people, friday night during the debate. McCain should ask him directly, and put him on the spot.
  3. Sorry, but there's no such thing as a woman's right to kill. Regardless of any "good reason" she may have.
  4. Sorry, but Tina Fey is gross. And I'm not sure how you figure she's "a hell of a lot more intelligent" than Sarah Palin. But I can tell you one thing, I'm a hell of a lot more intelligent than you.
  5. Some good news and bad news: Although the overall U.S. abortion rate is at its lowest level since 1974, the drop has been far more dramatic for whites than for African Americans, who in 2004 had abortions at five times the rate of white women, according to a report released Monday. The abortion rate for Latinas was about three times that of whites. The Guttmacher Institute, a New York-based research group that supports abortion rights but whose statistics are generally respected by antiabortion groups, analyzed 30 years of data since the 1973 Roe vs. Wade Supreme Court decision legalizing abortion. LA Times So abortions are at their lowest rate since Roe vs. Wade, but unfortunately, the vast majority of the decline is coming from Whites. I guess Margaret Sanger, founder of Planned Parenthood would be proud. Her promotion of "race hygiene" is coming to fruition. Add to this, that 90% of downs' babies are also aborted, and the "pro-choice" crowd has made great accomplishments. And when medical science can determine whether an unborn baby is homosexual, just wait for the glorious results. Pat yourselves on the back "pro-choicers", you done good work!
  6. No. Acutally, it was a problem created primarily by government. There's no disputing what caused the "sub-prime" problems. 1. President Clinton put on steroids the Community Redevelopment Act, a well-intended Carter-era law designed to encourage minority homeownership. And in so doing, he helped create the market for the risky subprime loans that he and Democrats now decry as not only greedy but "predatory." 2. Tough new regulations forced lenders into high-risk areas where they had no choice but to lower lending standards to make the loans that sound business practices had previously guarded against making. It was either that or face stiff government penalties It was economic affirmative action for housing.
  7. Almost as much as actually supporting it! YouTube Obama's right, can you imagine needing a second doctor in a matter so trivial as to a baby surviving an abortion? But it's Palin's views people should be worried about!? Because she wants to be VP, while he only wants to be President. Poor, poor, screwed up liberals. I almost feel sorry for you.
  8. And when the Government pressures financial institutions into lending money to people who can't afford it, it goes way beyond so-called deregulation. The unintended consquences we see effecting the economy today is all the result of Government/liberals goal of "affordable housing" at any cost. And when Republican's, in particular, John McCain wanted to fix the problems, several years ago, who stopped them? Democrats, at every turn. Those are indisputable facts. Sorry.
  9. So the fact that she could become POTUS is the reason to dislike her views? How about disliking her views because you disagree with them? Your first reason makes absolutely no sense. I dislike Obama's view of Infanticide because it's abhorrent, disgusting, and borderline evil. The fact that he could be President is irrelevant to why I disagree with his policy. And that goes for many of his other extremist views as well.
  10. Fortunately, it's not just my take on it, it's also science's take.
  11. One could flip your entire argument, and conclude that you, being agaist the death penalty for murderers and rapists, but for the killing of unborn babies, is also hypocritical. And let's be honest, the death penalty has nothing to do with this. If everyone in America agreed against capital punishment, you'd still support abortion, and you'd still deride pro-life supports. So you're point is irrelevant to the discussion.
  12. Except that the Bradley effect was clearly observed during the Democratic Primary. And it's not about racist voters, it's about people who don't want to appear being racist, because they've decided they don't want to vote for Barack Obama. There's a big difference.
  13. Oh yes, the so-called cellphone effect. I remember hearing about that 4 years ago, and John Kerry lost by 4 million votes.
  14. Not at all. It's farily simple to understand. Death for murderers and rapists, but not for unborn babies. Pretty logical if you ask me.
  15. Undeniable Truth #24: Feminism was established as to allow unattractive women easier access to the mainstream of society. So I agree, Sarah Palin can't be a feminist.
  16. The RCP avg is 2.3%. You can always find polls that are outside of the norm. Like last week, when one poll had McCain up by 10.
  17. Yes, it's called Federalism.
  18. Yes, I agree. I'd love to hear from some of our pro-choice American posters, argue that abortion rights aren't protected by the constitution, thus rendering their scare tactics moot.
  19. Those are the unintended consequences of good intentions. There's no disputing what caused the "sub-prime" problems. 1. President Clinton put on steroids the Community Redevelopment Act, a well-intended Carter-era law designed to encourage minority homeownership. And in so doing, he helped create the market for the risky subprime loansthat he and Democrats now decry as not only greedy but "predatory." 2. Tough new regulations forced lenders into high-risk areas where they had no choice but to lower lending standards to make the loans that sound business practices had previously guarded against making. It was either that or face stiff government penalties. When you mix in greed, and gross mismanagement, with abhorrent social/economic policy, you arrive at the financial mess we're seeing today. Even Robert Reich, United States Secretary of Labor, serving during the Clinton Administration references the same problems. REICH: In the latter years of the Clinton administration -- when I was not there any longer, I should add -- there was an attempt by Alan Greenspan and Bob Rubin and a few others to deregulate financial markets, and they did. They split commercial banking off from investment banking. And many people say, "Well, that was the beginning of the problem," and then, of course, in 2003-2004, Alan Greenspan reduced short-term interest rates to the point where every single bank wanted to lend money. I mean, if you could stand up straight you could get a bank loan because there was so much pressure to get that money out the door. Money was so cheap. So, yes, there is some responsibility on Democrats, some responsibility on Alan Greenspan and the Fed. (MSNBC)
  20. Actually, Soviet Socialist States of America is a fairly appropriate title, considering it was socialism which was primarily responsible for the current economic mess.
  21. Another leading Hillary supporter defects to McCain! YouTube YouTube
  22. Barack Obama's Fannie Mae/Freddie Mac Connection A group called the Center for Responsive Politics keeps track of which politicians get Fannie and Freddie political contributions. The top three U.S. senators getting big Fannie and Freddie political bucks were Democrats and No. 2 is Sen. Barack Obama. Now remember, he's only been in the Senate four years, but he still managed to grab the No. 2 spot ahead of John Kerry — decades in the Senate — and Chris Dodd, who is chairman of the Senate Banking Committee The Clinton administration's White House Budget Director Franklin Raines ran Fannie and collected $50 million. Jamie Gorelick — Clinton Justice Department official — worked for Fannie and took home $26 million. Big Democrat Jim Johnson, recently on Obama's VP search committee, has hauled in millions from his Fannie Mae CEO job Link
  23. A rehashing of the Carter Administration isn't any kind of "vision". And when you unplug the teleprompter, you unplug his charisma.
  24. I see, so a green Presidential candidate is acceptable, but a green VP, my God, that cannot be! Don't worry, she'll be asked to serve in the White House, by the voters, in about 4 - 8 years.
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