President Barack Obama - Term 1 and 2 Thread

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Postby JrnyScarab » Sat Oct 10, 2009 9:42 am

Here's one for ya FF. So much for your lame attempts at blaming the CRA for this mess we are in. Excerpts below. Full article here http://rawstory.com/2009/10/study-bush-blocked-efforts/

"Study: Bush administration blocked efforts to prevent housing crisis'

"Federal regulators in the Bush administration blocked attempts by state governments to prevent predatory lending practices that resulted in the financial crisis now stalking the American economy, a new study from the University of North Carolina says."

"Last year, seven months before the collapse of Lehman Brothers and the ensuing government banking bailout, then-New York Governor Eliot Spitzer wrote a Washington Post column in which he described how the Bush administration blocked states' efforts to prevent a crisis in the mortgage industry.

Spitzer wrote:

Predatory lending was widely understood to present a looming national crisis. This threat was so clear that as New York attorney general, I joined with colleagues in the other 49 states in attempting to fill the void left by the federal government. Individually, and together, state attorneys general of both parties brought litigation or entered into settlements with many subprime lenders that were engaged in predatory lending practices. Several state legislatures, including New York's, enacted laws aimed at curbing such practices.

What did the Bush administration do in response? Did it reverse course and decide to take action to halt this burgeoning scourge? As Americans are now painfully aware, with hundreds of thousands of homeowners facing foreclosure and our markets reeling, the answer is a resounding no.

Not only did the Bush administration do nothing to protect consumers, it embarked on an aggressive and unprecedented campaign to prevent states from protecting their residents from the very problems to which the federal government was turning a blind eye."
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Postby JrnyScarab » Sat Oct 10, 2009 9:48 am

Fact Finder wrote:
Rockindeano wrote:Knee slappers there FF. At least when we criticized Bozo the W, we had legitimate gripes and factualities, not lame joke after joke.

As bad as a job as Obama is doing, you still can't beat him if the election were held today, lol. Still has a +15 approval rating save for far right Rasmussen polling.

LOL



This joke is writing itself. It might be hilarious if it wasn't so serious. At least you admit he's doing a bad job. Because he is. Now he's the Peace President. Good luck with that. I'm gonna start calling him The Peaceful Won. :lol:


From Dr. Robert Epstein: "This isn't what it seems. It's not really a Nobel Prize. It's a "Thank-God-You're-Not-Bush" Prize." :lol:

Read more at: http://www.huffingtonpost.com/dr-robert ... 15715.html
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Postby Voyager » Sat Oct 10, 2009 9:53 am

JrnyScarab wrote:"Study: Bush administration blocked efforts to prevent housing crisis'


There you go... not to mention the price of gasoline and diesel fuel doubling under his watch and a trillion-dollar war that wasn't necessary. Those things led us to the biggest economic crash in history since the Great Depression.

8)
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Postby JrnyScarab » Sat Oct 10, 2009 9:59 am

Voyager wrote:
JrnyScarab wrote:"Study: Bush administration blocked efforts to prevent housing crisis'


There you go... not to mention the price of gasoline and diesel fuel doubling under his watch and a trillion-dollar war that wasn't necessary. Those things led us to the biggest economic crash in history since the Great Depression.

8)


Yup. And they cry that Obama hasn't fixed it yet in all of 9 months. Crashes like this take YEARS to fix. Cripes :evil:
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Postby Rick » Sat Oct 10, 2009 10:16 am

JrnyScarab wrote:
Fact Finder wrote:
Rockindeano wrote:Knee slappers there FF. At least when we criticized Bozo the W, we had legitimate gripes and factualities, not lame joke after joke.

As bad as a job as Obama is doing, you still can't beat him if the election were held today, lol. Still has a +15 approval rating save for far right Rasmussen polling.

LOL



This joke is writing itself. It might be hilarious if it wasn't so serious. At least you admit he's doing a bad job. Because he is. Now he's the Peace President. Good luck with that. I'm gonna start calling him The Peaceful Won. :lol:


From Dr. Robert Epstein: "This isn't what it seems. It's not really a Nobel Prize. It's a "Thank-God-You're-Not-Bush" Prize." :lol:

Read more at: http://www.huffingtonpost.com/dr-robert ... 15715.html
:lol: :lol: :lol:
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Postby RedWingFan » Sat Oct 10, 2009 10:22 am

Rockindeano wrote:America's strengths are it's allies, something that were in a vast shortage under President Bush

You mean allies like the Czech Republic, Poland and poor little Honduras? Obama's weakening our allies, his stripping missle defense the Czechs and Pols is the equivalent of Luongo being deprived of his goalie pads.

As far as Honduras is concerned, Obama has about as little respect for their constitution as he has for ours. Rejecting their constitutionally elected president and supporting an ousted one as dictator. Probably what Obama wants for himself after 4 years in office. Screw the 22nd amendment.

The fact is Obama IS weakening our allies and enbolding our enemies, just ask these 3 nations. They'd love to have Bush back in office.
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Postby StoneCold » Sat Oct 10, 2009 10:24 am

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Postby treetopovskaya » Sat Oct 10, 2009 11:15 am

someone (andy levy) posted this on twitter...

"Giving Obama the Nobel Peace Prize on the same day we bomb the moon is a slap in the face to the Lunarians"

tehehee. }:C))
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Postby Rick » Sat Oct 10, 2009 11:16 am

treetopovskaya wrote:someone (andy levy) posted this on twitter...

"Giving Obama the Nobel Peace Prize on the same day we bomb the moon is a slap in the face to the Lunarians"

tehehee. }:C))
:lol: :lol: :lol:
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Postby treetopovskaya » Sat Oct 10, 2009 11:19 am

Rick wrote:
treetopovskaya wrote:someone (andy levy) posted this on twitter...

"Giving Obama the Nobel Peace Prize on the same day we bomb the moon is a slap in the face to the Lunarians"

tehehee. }:C))
:lol: :lol: :lol:


i dig andy levy. }:C)
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Postby treetopovskaya » Sat Oct 10, 2009 11:32 am

Code Pink, fearful of setbacks for women, rethinks call for U.S. troops to withdraw from Afghanistan

http://latimesblogs.latimes.com/washing ... istan.html
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Postby StoneCold » Sat Oct 10, 2009 11:52 am

Rick wrote:
treetopovskaya wrote:someone (andy levy) posted this on twitter...

"Giving Obama the Nobel Peace Prize on the same day we bomb the moon is a slap in the face to the Lunarians"

tehehee. }:C))
:lol: :lol: :lol:


Loonaryans?
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Postby Voyager » Sat Oct 10, 2009 12:46 pm

JrnyScarab wrote:From Dr. Robert Epstein: "This isn't what it seems. It's not really a Nobel Prize. It's a "Thank-God-You're-Not-Bush" Prize." :lol:


There you go. The haters can thank their hero for this one.

:lol:
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Postby StoneCold » Sat Oct 10, 2009 1:34 pm

Obama won a Noble Peace Pipe?

Quoting Rick:

nyuk, nyuk, nyuk

Image

:lol:
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Postby Rick » Sat Oct 10, 2009 1:38 pm

StoneCold wrote:Obama won a Noble Peace Pipe?

Quoting Rick:

nyuk, nyuk, nyuk

Image

:lol:
:lol: :lol: :lol:

That's you brudda!
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Postby The_Noble_Cause » Sun Oct 11, 2009 2:20 am

JrnyScarab wrote:Here's one for ya FF. So much for your lame attempts at blaming the CRA for this mess we are in. Excerpts below. Full article here http://rawstory.com/2009/10/study-bush-blocked-efforts/

"Study: Bush administration blocked efforts to prevent housing crisis'

"Federal regulators in the Bush administration blocked attempts by state governments to prevent predatory lending practices that resulted in the financial crisis now stalking the American economy, a new study from the University of North Carolina says."

"Last year, seven months before the collapse of Lehman Brothers and the ensuing government banking bailout, then-New York Governor Eliot Spitzer wrote a Washington Post column in which he described how the Bush administration blocked states' efforts to prevent a crisis in the mortgage industry.

Spitzer wrote:

Predatory lending was widely understood to present a looming national crisis. This threat was so clear that as New York attorney general, I joined with colleagues in the other 49 states in attempting to fill the void left by the federal government. Individually, and together, state attorneys general of both parties brought litigation or entered into settlements with many subprime lenders that were engaged in predatory lending practices. Several state legislatures, including New York's, enacted laws aimed at curbing such practices.

What did the Bush administration do in response? Did it reverse course and decide to take action to halt this burgeoning scourge? As Americans are now painfully aware, with hundreds of thousands of homeowners facing foreclosure and our markets reeling, the answer is a resounding no.

Not only did the Bush administration do nothing to protect consumers, it embarked on an aggressive and unprecedented campaign to prevent states from protecting their residents from the very problems to which the federal government was turning a blind eye."


Thanks for posting this.
Not sure if it will do a lot of good tho.
Both Wall Street Journal and Greenspan debunked the CRA myth as well.
And yet still, the band plays on.
I heard Hannity peddling this shit just a few nights ago.
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Postby Voyager » Sun Oct 11, 2009 3:06 am

StoneCold wrote:Obama won a Noble Peace Pipe?


No, you're thinking of Mark Phelps.

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Postby AlteredDNA » Sun Oct 11, 2009 3:28 am

Voyager wrote:
No, you're thinking of Mark Phelps.



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Postby Voyager » Sun Oct 11, 2009 3:33 am

AlteredDNA wrote:
Voyager wrote:
No, you're thinking of Mark Phelps.



Image


LOL - I meant Michael Phelps. Sorry, I was following his lead and it made me forget his name.

:lol: :lol:
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Postby The Sushi Hunter » Thu Oct 22, 2009 3:58 am

I need to move back to Japan....where 90% of everything my family and I need is within walking distance and unbeatable clean, safe, dependable and efficient/effective public transportation makes up for the remaininug 10%.
Last edited by The Sushi Hunter on Thu Oct 22, 2009 4:02 am, edited 2 times in total.
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Postby The Sushi Hunter » Thu Oct 22, 2009 3:59 am

Fact Finder wrote:CNN Poll: Half the country disagrees with Obama on issues

Posted: October 20th, 2009 12:40 PM ET

From CNN Deputy Political Director Paul Steinhauser



WASHINGTON (CNN) – For the first time since he took over in the White House, Americans don't see eye to eye with President Barack Obama on the important issues, according to a new national poll. But the CNN/Opinion Research Corporation survey does indicate that a majority approve of how Obama's handling his duties as president.

According to the poll, which was released Tuesday, 48 percent of people questioned say that they agree with Obama on the issues that matter most to them, with 51 percent saying no. That's a switch from April, when 57 percent said they agreed with the president on important issues, with 41 percent disagreeing.

"Obama is facing crunch time on a number of controversial issues, from health care to financial regulation to cap and trade to Afghanistan," says CNN Polling Director Keating Holland. "The fact that most Americans no longer agree with him on important issues makes his task harder."



Believe it or not, this is true with many previous presidents.
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Postby Lula » Thu Oct 22, 2009 10:01 am

i was under the impression that the stimulus money had not been fully released until recently. i know my school district announced some info regarding funds being released from the state that was sent from the feds. i'm not defending the president, just saying it might be taking some time- government = bureaucrat bs.
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Postby The_Noble_Cause » Thu Oct 22, 2009 10:08 am

The Sushi Hunter wrote:I need to move back to Japan....where 90% of everything my family and I need is within walking distance and unbeatable clean, safe, dependable and efficient/effective public transportation makes up for the remaininug 10%.


See, in this country we call that "socialism".
The modern day GOP would've had Ike swining by his balls for building the interstate (the biggest public works project up until the stimulus).
Beck would be manically scribbling on his chalkboard comparing it to Hitler overseeing the Autobahn.
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Postby The_Noble_Cause » Thu Oct 22, 2009 10:12 am

Lula wrote:i was under the impression that the stimulus money had not been fully released until recently. i know my school district announced some info regarding funds being released from the state that was sent from the feds. i'm not defending the president, just saying it might be taking some time- government = bureaucrat bs.


Don't waste your time.
FF, as usual, is playing loose with the facts.
Even the Republican paper of record, The Wall Street Journal (no, not the NY Times), proclaimed that the stimulus is helping the economy.
This was last month.
I waited for FF to put his petty agenda aside and post the news, but it never happened.

http://online.wsj.com/article/SB1251853 ... %3Darticle
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Postby S2M » Thu Oct 22, 2009 10:15 am

A lot of what the stimulus did was to replenish what corporate CEOs and bigwig types lost in the market....The market is a gamble. Everyone knows that going in.......well, that is...except the priviledged.
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Postby The_Noble_Cause » Thu Oct 22, 2009 10:16 am

StocktontoMalone wrote:A lot of what the stimulus did was to replenish what corporate CEOs and bigwig types lost in the market....The market is a gamble. Everyone knows that going in.......well, that is...except the priviledged.


You sure you don't mean the TARP bailout?
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Postby S2M » Thu Oct 22, 2009 10:22 am

The_Noble_Cause wrote:
StocktontoMalone wrote:A lot of what the stimulus did was to replenish what corporate CEOs and bigwig types lost in the market....The market is a gamble. Everyone knows that going in.......well, that is...except the priviledged.


You sure you don't mean the TARP bailout?


Maybe...I'm not entirely versed in this stuff. Although I'm damn sure money was used to recoup losses, BEFORE it was used to help the consumer.
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Postby JrnyScarab » Thu Oct 22, 2009 10:41 am

Hey FF. Check out this "Fair & Balanced News" from Fox. Fair & Balanced my ass. Oh, I'm aware all the networks probably do this but they don't lay claim to being "Fair & Balanced" like Fox! :lol:

http://www.huffingtonpost.com/2009/10/2 ... 27140.html
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Postby RossValoryRocks » Thu Oct 22, 2009 11:19 am

JrnyScarab wrote:Hey FF. Check out this "Fair & Balanced News" from Fox. Fair & Balanced my ass. Oh, I'm aware all the networks probably do this but they don't lay claim to being "Fair & Balanced" like Fox! :lol:

http://www.huffingtonpost.com/2009/10/2 ... 27140.html


Yeah like the Huffington Post even pretends to be fair itself. :roll: :lol:
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Postby JrnyScarab » Thu Oct 22, 2009 11:23 am

RossValoryRocks wrote:
JrnyScarab wrote:Hey FF. Check out this "Fair & Balanced News" from Fox. Fair & Balanced my ass. Oh, I'm aware all the networks probably do this but they don't lay claim to being "Fair & Balanced" like Fox! :lol:

http://www.huffingtonpost.com/2009/10/2 ... 27140.html


Yeah like the Huffington Post even pretends to be fair itself. :roll: :lol:


I hear you, but like I said, they don't run with the tagline "Fair & Balanced" :lol:
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