Comrade President George Bush

[barbarus]

From each, according to his ability.

To each, according to his need.
G. Bush


Bloomberg.com: Worldwide

[Notmuchlonger]

Soon we will be only able to have a choice of gray dishes and white dishes. But at least the vodka might be good.


Comrade Notmuchlonger

[clifp]

The good news if this plan goes through, we won't have to worry about the deflation thread. I sure hope the goverment can keep debating these proposal until the problem corrects itself. Isn't it about time Congress adjurns, there is an election coming up.

[chinaco]

Buying votes!

This is another debacle waiting to happen. GWB was the one who pushed the Mortgage companies to lend to people on the edge in the first place.

Fact Sheet: President Bush Calls for Expanding Opportunities to Homeownership

This man is an utter disappointment in all ways. He is not even sticking to his ultra-conservative principles. I smell a bail-out at tax payers expense.

[kathyet]

Quote:

Originally Posted by chinaco Buying votes! This is another debacle waiting to happen. GWB was the one who pushed the Mortgage companies to lend to people on the edge in the first place. Fact Sheet: President Bush Calls for Expanding Opportunities to Homeownership This man is an utter disappointment in all ways. He is not even sticking to his ultra-conservative principles. I smell a bail-out at tax payers expense.

There isn't a decent one in the bunch...they all make me sick to even look at them with their lying mouths flapping...They are all a bunch of Judas's selling our country down the river for thier own gain.

Kathyet

[chinaco]

Quote:

Originally Posted by kathyet There isn't a decent one in the bunch...they all make me sick to even look at them with their lying mouths flapping...They are all a bunch of Judas's selling our country down the river for thier own gain. Kathyet

You know how to tell if a politician is lying?

When their mouth is moving!

[jimnjana]

Did you read what you posted? Just wondering.

re president bushes fact sheet

Jim

[brewer12345]

Quote:

Originally Posted by clifp I sure hope the goverment can keep debating these proposal until the problem corrects itself.

I think that is the most likely outcome. The Fed has been free to jump into the breach as necessary and they stuck it to Congress to pass the handout stimulus bill on the double, but I don't see them agitating for any of this regulatory nonsense. Congress and the pResident will likely get bogged down in election year politics and interest group trench warfare, and this will likely sort itself out before they can agree to anything too harmful.

[chinaco]

Quote:

Originally Posted by jimnjana Did you read what you posted? Just wondering. re president bushes fact sheet Jim

Yes. Matter of fact a number of folks in the news media are pointing out the connection between the low interest rates of the last several years, the push for lenders to accommodate risky borrowers as being part (not all) of the catalyst leading up to the sub-prime crisis. I saw an interview with a lender that did not get into trouble with this that indicates that there was significant pressure encouragement to begin figuring out how to lend to people with lower incomes. This resulted in regulators being more lenient, etc, etc.

Of course some greedy lenders were part of the problem... can't blame miscreant behavior on GWB.

Can't you read between the lines? Just Wondering?

Oh... and if you can't tell. I am not a fan of GWB.

[Notmuchlonger]

"The concept is similar to elements in legislation proposed earlier this month by U.S. Representative Barney Frank, a Massachusetts Democrat and chairman of the House Financial Services Committee, the newspaper said"


Dont worry they all want to buy your vote

But silly me I forgot its easier to blame The devil Bush.