What would Obama do for a living if he actually had to get a real job?
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tblues2005SBR Hall of Famer
- 07-30-06
- 9235
#71Comment -
GGRIF82SBR Wise Guy
- 02-09-11
- 559
#72HE COULD TEAM UP WITH BRANDON LANG,THEY BOTH JUST ABOUT HAVE THE SAME RECORDComment -
crustymeSBR Posting Legend
- 09-29-10
- 16896
#73
this single policy led to about $10 billions in bad loans.
add to that bush firing regulators, removing banking regulations, eliminating anti predatory lending laws... recipe for disaster.Comment -
crustymeSBR Posting Legend
- 09-29-10
- 16896
#74haha im not saying the GOP didnt **** you or you should like them
But the GOP DID NOT cause our crash in 2008, its very well documented who did and the information is there for anyone who is willing to read it.
But people like Crustyme and emily haines will stick to the tried and true method of ignorance.
so why dont u provide links to your "facts."Comment -
DrStaleSBR Hall of Famer
- 12-07-08
- 9692
#76Obama Our Lord and his various ghosts have created essentially this exact same thread 8 million times. The same people say the same things and nobody ever actually gets swayed by anything, so what exactly is the point?
For the last time you sad, lonely man, go to a fukkin political forum and post your biased "news" stories. God knows there are only about 3,000 of them out there.Originally posted by Dark HorseIf with religion you mean belief system, your belief system is your religion. Again, it matters not what it is. You believe in it, you are loyal to it, would defend it, and yet have no proof of it, other than that, at one point or another, you chose to believe in it. Self-hypnosis. What if there were a snapping of fingers that broke the hypnosis?Comment -
DwightShruteSBR Aristocracy
- 01-17-09
- 102858
#77A bartender?
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cant call itSBR Hall of Famer
- 08-29-10
- 8817
#78He would still be a crook.Comment -
DirkDiggsSBR Sharp
- 12-07-10
- 484
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RubberKettleSBR Hall of Famer
- 12-28-09
- 6421
#80
In FY 2007, Congress appropriated $24,750,000 for ADDI. Previously, Congress appropriated $74,513,000 in FY2003 and $86,984 in FY2004, $49,600,000 in FY2005 and $24,750,000 in FY2006.Comment -
crustymeSBR Posting Legend
- 09-29-10
- 16896
#81Im not seeing it. This program is for down payments only. I also didnt see any stipulations requiring banks to approve these people. Source?
In FY 2007, Congress appropriated $24,750,000 for ADDI. Previously, Congress appropriated $74,513,000 in FY2003 and $86,984 in FY2004, $49,600,000 in FY2005 and $24,750,000 in FY2006.
billions of bad loans originated from this single welfare program alone, signed into law by bush.
what industry could survive with billions defaulting at once? cetainly not housing.Comment -
Sunde91SBR Hall of Famer
- 11-26-09
- 8325
#82Bush went to Yale and Harvard earning a BA in history and a MBA, and most call him a retard, but he should be a genius according to all saying "Err der, Obama went to Harvard, so he so smaat". This just in: neither are geniuses, nor are very smart.
Still amazing to see the apologists hold on to their delusion that Obama is a super genius and the christ king of earth.Last edited by Sunde91; 02-21-11, 04:09 PM.Comment -
crustymeSBR Posting Legend
- 09-29-10
- 16896
#83bush isnt stupid, hes just evil.
but he is lazy, spending half his presidency on vacation.Comment -
DwightShruteSBR Aristocracy
- 01-17-09
- 102858
#84Comment -
RubberKettleSBR Hall of Famer
- 12-28-09
- 6421
#85why would there be a downpayment program if no one would be approved for a home loan? many who couldnt afford it were. billions of bad loans originated from this single welfare program alone, signed into law by bush. what industry could survive with billions defaulting at once? cetainly not housing.
This was not the only way to get approved for a loan under risky circumstances. Banks were playing fast and loose with customer qualifications long before this program game to fruition.Comment -
dbartinbwgcSBR Wise Guy
- 11-11-08
- 795
#86He was a Lawyer.
I also read somewhere that years ago, He was one of the main Lawyers / Lobbyist that
pushed so hard for Clinton and Bush to push through, getting the Banks and Mortgage Companies
to relax their qualifications to let more people buy houses that shouldn't have them.
Then he comes out and blames everyone else for it.
If you help push the car and it goes into a ditch, its partly your fault.Comment -
crustymeSBR Posting Legend
- 09-29-10
- 16896
#87
considering bush's program was aimed at the poor with bad credit it isnt exactly rocket science to figure out.
its true lenders played fast and loose during this time but why were they allowed to? because of bush. he deregulated banking allowing them to take on massive amounts of subprime loans which eventually bankrupted them. bush also eliminated anti predatory lending laws which caused the subprime market to spiral out of control.
the fact of the matter is without bushs housing welfare program many poor would never have qualified due to not meeting even the simplest criteria: a downpayment.
if you believe bush didnt play a major role in the housing meltdown then you are a fool.Comment -
King MayanSBR Posting Legend
- 09-22-10
- 21326
#88disgruntled inbreds........
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C-GoldSBR Hall of Famer
- 09-04-10
- 6808
#89
Do you deny that having money and going to a top high school doesn't help?
Obama had both things going his way. I wonder what would have happened if he didnt? To deny the dynamics is ignorant.Comment -
C-GoldSBR Hall of Famer
- 09-04-10
- 6808
#91Bush went to Yale and Harvard earning a BA in history and MBA, and leftists call him a retard, but he should be a genius according to all saying "Err der, Obama went to Harvard, so he so smaat". This just in: neither are geniuses, nor are very smart.
Still amazing to see the apologists hold on to their delusion that Obama is a super genius and the christ king of earth.
Obama's race/money got him from community college to Ivy league.
Bush released his SAT scores, near 1300, Obama never did.
Bush released his grades, he was a better student than Kerry.
Obama never released his grades, but his lunatic racist wife released one of her hate papers.Comment -
RubberKettleSBR Hall of Famer
- 12-28-09
- 6421
#92the first sign of the crisis began with the subprime market. and who gets these loans? the poor with bad credit. 80% of subprime loans were adjustable mortgages meaning once the payments climbed many could no longer afford their homes and foreclosures skyrocketed. considering bush's program was aimed at the poor with bad credit it isnt exactly rocket science to figure out. its true lenders played fast and loose during this time but why were they allowed to? because of bush. he deregulated banking allowing them to take on massive amounts of subprime loans which eventually bankrupted them. bush also eliminated anti predatory lending laws which caused the subprime market to spiral out of control. the fact of the matter is without bushs housing welfare program many poor would never have qualified due to not meeting even the simplest criteria: a downpayment. if you believe bush didnt play a major role in the housing meltdown then you are a fool.
Never said that so don't be a douche.
Pretty much agree with everything you've said there. Not all subprime was poor bad credit though, lots were decent people buying way beyond their means at low arms who got underwater once the rate changed.Comment -
C-GoldSBR Hall of Famer
- 09-04-10
- 6808
#93
One decision that Obama magnified.
Have fun being a sheep.Comment -
lyon804SBR Hall of Famer
- 11-02-09
- 6526
#94I just got off the phone with my gran pappy to ask if he had any use for barack and michelle around his house and he said he didn't. I asked him why and he told me he did not have any cotton to pick.Comment -
Thor4140SBR Posting Legend
- 02-09-08
- 22296
#95
no affect? We now are paying 80 billion a year on interest for those loans on the war. Imagine that. 80 billion pissed away yearly for nothing in return. Just wondering does Obama put the war tab on the yearly budget or does he hide it like Bush did to make his budget seem smaller?Comment -
King MayanSBR Posting Legend
- 09-22-10
- 21326
#96your handouts don't come from the government they come from your daddies...
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DwightShruteSBR Aristocracy
- 01-17-09
- 102858
#97Do you deny that affirmative action makes it easier for black people to get into college?
Do you deny that having money and going to a top high school doesn't help?
Obama had both things going his way. I wonder what would have happened if he didnt? To deny the dynamics is ignorant.Comment -
King MayanSBR Posting Legend
- 09-22-10
- 21326
#98I actually think you repubs want obama to be Jesus...
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rsnnh12SBR MVP
- 09-26-10
- 3487
#99
And ironically enough, the spending didn't get really outrageous until Pelosi was in charge of Congress. Coincidence?Comment -
RubberKettleSBR Hall of Famer
- 12-28-09
- 6421
#100I thought Obama was JesusComment -
rsnnh12SBR MVP
- 09-26-10
- 3487
#101Originally posted by Grandmaster BComment -
Dirty SanchezSBR Posting Legend
- 03-01-10
- 16031
#102Comment -
rsnnh12SBR MVP
- 09-26-10
- 3487
#105I'm SHOCKED that you don't have a real response
When in doubt, blame Bush. Even though Obama said, and I quote, "it is a failure of government" to be deficit spending like Bush was (Obama had a speech in front of the Senate in 2006 about this), when the deficit that year was ~$280 billion.... his lowest projected deficit over the next decade is over $600 billion.... so by his own definition, isn't he a failure?Comment
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