Originally Posted By: JetStar

Well I would argue that the lack of regulation in the financial world allows credit default swaps to tank our entire economy. 8 years of Bush hypocrisy, that PROVED that tax cuts do not stimulate the economy or create job growth. The rich get richer, the middle class is disappearing, and the poor get poorer. Once the economy was destroyed, then the tax base dried up, and everyone suffered even more.

http://online.wsj.com/article/SB10001424...Opinion_LEADTop

Speaking of regulation, lets take a look at what kind of regulation is going on in the housing market.
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Never mind that the FDIC in the past gave kudos to Cardinal for its lending practices. Justice is now accusing Cardinal of failing to open branches and achieve racial loan quotas in counties that its federal regulator never before contended should be the focus of its lending. We won't know the full facts of this complaint unless it goes to court. But what Justice is up to sounds like the same government-directed, quota-based lending push that brought us the last housing boom and bust.

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Many companies are simply rolling over and paying once they realize the extent of the possible PR horror show. "Banker" is a bad word in today's political environment. Small and midsize banks depend heavily on their reputation and community ties, and they can't afford to be labelled racist. Many can't afford prolonged legal cases either, and the mere prospect of fighting the feds is intimidating. Mr. Perez knows all this.

So it was all the Unregulated credit default swaps aye?

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Republicans are the same people that screamed that GM was a lost cause, and should be left to rot, then cant admit it when you are wrong when they recover.

We got a DO IT or Else scenerio... FORD was in the same boat, they didn't take any money, they recovered. This is basically a participation award, just because you showed up you get something. Ford didn't show up in their Jet's, or leizured at the Unions posh country club. They survived, GM could have as well. If you keep giving them loans and bailing them out for the umpteenth time, they will never learn from their mistakes because big brother is always there. Big brother is broke...time for plan B.

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Republicans are the same people that got us into the longest wars in US history, with no plan to get out, and mass corruption behind it all. Imagine our economy if we didn't have those wars.

Afghanistan, we did right going in. Iraq, I think it was the wrong time. But we was going to have to go in at some point, those 8 years of Clinton really never doing anything more than lobbing a few missle at Saddam slapping his hand really showed him. And we can't forget the U.N. Oil for food scam. We could have just took a big ol' shit and did nothing, Just chalk it all up as "our bad" take a play from Britains recent shameful demostrations and cower down to those terrorist fuck.( I'll post a video at the end so you can see what I mean). As far as this mass corruption, are you talking about the hundreds of millions of dollars Bush and Cheney recieved? If so, I'd like to see that information. With our economy, Imagine it if we did nothing after 9/11, we would been seen as some whipping dogs. So it would have been an ongoing attacks. I'm pretty sure the economy wouldn't be reacting very well to car bombs or more planes hitting buildings. Hopefully we don't become such pussies, that a scenerio like that EVER happens.

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Republicans are the same people that cheer Rick Perry for 250 plus executions in Texas, but at the same time reject a womans right to choose what happens in her own body, deny two human beings the right to marry and be treated equally under the law, and reject science.

I'm pretty sure comparing executions of CRIMINALS (people that committ heinous crmies) to abortion is dumb. I see a womans right to do with her own body as she see's fit. BUT! I also believe that you never know what life you are extinguishing... what if that child grew up to find a cure for cancer, or some other disease.

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Now lets take 8 years of disastrous policies and blame them on the current administration who was left holding the bag to clean it all up.

Well lets see, I think adding Government ran healthcare isn't a big win on the spending department. That's a HUGE cost, consider the cost of Medicare/medicade as it is now. And you want to add more? Sure lets just keep on taxing, that won't have any kind of ill effect on our economy. Again I ask... if this government ran healthcare is such a grand item... why do people in those systems come to the U.S. for surgery? and why are those governments in high debt? AGAIN... theres other ways to cut cost. Besides, wouldn't it be better to have an economy where more people were working making money to pay for their own insurance that's affordable with those other cost cutting ideas, rather than having them on unemployment at best and having someone else provide their healthcare. JOB wins hands down!


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Wolfgang although you found a way to pay for your health care, many have no way. When you are born to uneducated parents in the inner city, you don't have those same options, and people like you guys want to sentence these people to hardship and death. This is not the United States as I see it.

I understand people have no money. But there are enough safety nets that help those people. It's also worthy to note. People need to take it upon themselves to find work. A lot of these really poor people, are simply lazy and don't want to work. They want someone else to provide for them, I've seen it. I grew up near people that wanted nothing more than someone to provide for them. That SOMEBODY owed them something. This is a part of the reason why I'm against handouts to people, they should have a stake in their part. If this means doing so many hours community service, then I maybe more willing to be more receptive to an idea similar to the HANDOUT. Plus the whole Government taking the money I worked hard for, just to give to someone else thing doesn't sit well.

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I don't have kids, and yet I pay for education. Why? Because the success of the people is the success of the country, and therefore my success.

When it comes to part of my taxes going to public education, I have no problem with. I went to public school and someone was paying taxes while I was there. So I see this as paying that back. However I think someone other than government should be overseeing spending to make sure there's no abuse.


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I can just hope more people see it my way than yours.

Unless I've read you wrong, if more people see it your way than mine. We would be living in pure Socialism!

Here's the video I mentioned above...Make SURE you watch it starting about 2:45 mark.



Last edited by Wolfgang; 09/14/11 07:20 PM.