http://www.gallup.com/poll/141...-Below-Approval.aspx
Keep it up!
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quote:Originally posted by StarryNight:
It is all a rollercoaster ride and it doesn't matter who is in. After the Republicans gain control again, the nation will once again be disillusioned with them. There is never a happy medium.
quote:Originally posted by StarryNight:
Just tell me what exactly is going on. I know that Bush left us in a terrible mess. What exactly does Obama do to get you in a huff? Breathe?
quote:Originally posted by StarryNight:
I think he is doing the best he can and there won't be an overnight solution.
quote:Originally posted by JuanHunt:
Reps created the housing bubble, had control of the WH and Congress, and did nothing. Anyone voting for a Rep in hopes of changing the current economic situation has not been paying attention. MORE REPUBLICAN POLITICIANS WONT IMPROVE OUR COUNTRY!
quote:Reps created the housing bubble, had control of the WH and Congress, and did nothing. Anyone voting for a Rep in hopes of changing the current economic situation has not been paying attention. MORE REPUBLICAN POLITICIANS WONT IMPROVE OUR COUNTRY!
http://www.canadafreepress.com...ex.php/article/24969quote:This was an enormous intrusion by the government into the marketplace, but it was not enough to satisfy Democrats and socialists. Organizations such as ACORN systematically invaded financial institutions with highly visible public protests, demanding that private lenders fund mortgages for unqualified people in depressed areas. Democrat President Clinton, and his Democratic colleagues, expanded the Community Reinvestment Act, requiring Fannie Mae and Freddie Mac to provide guarantees for these mortgages. Private lenders in a free market would never have made these loans without the intimidation and extortion from ACORN-type organizations and the interference of the federal government.
Intimidation and extortion continued well into the Bush years. When Republicans tried to rein in the loose lending practices at Fannie Mae and Freddie Mac, their efforts were blocked by Democrats, particularly by Rep. Barney Frank and Senator Charles Schumer.
In their effort to meet the socialist goal of providing adequate housing to all people, whether qualified or not, Democratic interference with the free market caused an enormous artificial bubble in the housing market. This housing bubble produced secondary markets in derivatives (packages of government-guaranteed mortgages) and Credit Default Swaps (insurance against default of derivatives). When unqualified borrowers began to default in staggering numbers, the government had to make good on the mortgages it guaranteed, and the insurance companies – like AIG – had to make good on the insurance policies they had issued.
quote:Originally posted by JuanHunt:
Reps created the housing bubble, had control of the WH and Congress, and did nothing. Anyone voting for a Rep in hopes of changing the current economic situation has not been paying attention. MORE REPUBLICAN POLITICIANS WONT IMPROVE OUR COUNTRY!