OK People...How Much Is Enough?

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Mar 6, 2009 6:39 am

You work on Wall Street and you want to be lashed for supporting socialism? This is a sad day for America.

Mar 6, 2009 6:50 am

Phil Gramm was right. This is a nation of whiners.

Mar 6, 2009 7:50 am
Mojo, some of us have just been around for a while: http://www.youtube.com/watch?v=Vr2-f-_Ewr  
Mar 6, 2009 7:53 am

http://www.youtube.com/watch?v=Vr2-f-_EwrQ

  Here is the full link.
Mar 6, 2009 5:35 pm

All good points, Ice.  And if you want to go back farther, see the Community Reinvestment Act under Jimmy Carter.  This was the legislation that originally required lending institutions to carry a certain amount of sub-prime on the books.  Clinton gave the act more teeth.

Mar 6, 2009 7:13 pm

To add to that, Bush (and McCain) tried to warn everyone about the Fannie Mae subprime stuff, but they were called racists.  Bawney Fwank (no, that’s not a typo) makes me want to break the tv.

Mar 6, 2009 7:56 pm

Sorry, ignore this you like, I’m just fed up and need to laugh.

  http://www.youtube.com/watch?v=roTe8PXJkpI (We are very accepting of our gay extended family members, it's just a joke.)
Mar 6, 2009 11:00 pm

Now here you go putting words in my mouth. I didn’t say GWB caused all of this. I wasn’t happy with his leadership or his foreign policies, and the GOP certainly did nothing to convince me that putting McCain in office would change anything. I think my dog could have beat McCain by simply asking the question, “How will you be different?” He had no answer to it.



I’m not a historian, but I certainly understand that the policies put forth by any president have an impact often many years in the future. If I put my mind to it, I imagine I can come up with a few great Republican fiascos as well. Bottom line, as long as there are two parties, there will never be a government that acts in the overall best interest of the public. But that’s another thread.



But I ask you, as President, if Bush really understood the sub-prime mess and where it was going, what kind of a leader was he to cow-tow the likes of Barney Frank? That’s not leadership in any book.



I’m glad all of you have been around the block many times and are far wiser than I am, I can learn a thing or two. Does that mean you all of you already know everything there is to know?

Mar 7, 2009 2:20 am

[quote=mojo99] Now here you go putting words in my mouth. I didn’t say GWB caused all of this. I wasn’t happy with his leadership or his foreign policies, and the GOP certainly did nothing to convince me that putting McCain in office would change anything. I think my dog could have beat McCain by simply asking the question, “How will you be different?” He had no answer to it.



I’m not a historian, but I certainly understand that the policies put forth by any president have an impact often many years in the future. If I put my mind to it, I imagine I can come up with a few great Republican fiascos as well. Bottom line, as long as there are two parties, there will never be a government that acts in the overall best interest of the public. But that’s another thread.



But I ask you, as President, if Bush really understood the sub-prime mess and where it was going, what kind of a leader was he to cow-tow the likes of Barney Frank? That’s not leadership in any book.



I’m glad all of you have been around the block many times and are far wiser than I am, I can learn a thing or two. Does that mean you all of you already know everything there is to know?[/quote]





Make no mistake…there’s more than enough blame to go around for BOTH sides of the aisle. It just seems that the longer we go on, the more vicious the partisan attacks become. We’ve finally reached the point I believe that if one side came up with a cure for cancer the other would oppose it.

Mar 7, 2009 2:20 am

Finally some sanity has returned
Every member o’ Congress should be fired

It iz now clear ta be dat Obama iz Pelosi’s puppet
Yall iz mad mad stupid

Mar 7, 2009 5:13 am

Yeah, yo. Nancy pop-up, bro. http://www.youtube.com/watch?v=iQto3HZvkYU

Mar 7, 2009 5:54 am

Dear Santa,

Please let da citizens o’ San Francisco an’ Nevada give Rep. Pelosi an’ Sen. Reid da gift o’ retirement
Ya’ dig?

Mar 7, 2009 8:46 am

I’m just surprised how many “financial advisors” don’t understand how marginal taxes work.

Mar 7, 2009 4:09 pm

How many financial advisors could name six deduction categories on a Schedule C?

Mar 7, 2009 4:13 pm

As to Obama .....like all politicans his first and foremost " job " is to win the next election. Our Prime Minister works on the same assumption. Unfortunately , this politicans and the government employees are spending our money.

As our respective governments continue to " print money " and spend the tax dollars like " drunken sailors " we again are going to pay a very heavy price for these programs. The other day , as I recall the President stated he " was prepared to accept inflation as result of government spending".

I would suggest that politicans better take a very long and hard look at what that will mean 4-5 years from now. For some of us that went through it before....remember Mortgage Rates at 18% or Term Deposits ( GIC's ) at 14-16% Annual Interest. It was not pretty.