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StumbleBill Clinton to campaign for Obama in Las Vegas
Thursday, Oct. 16, 2008 | 12:04 p.m.
Former President Bill Clinton will be in Nevada Sunday and Monday to campaign on behalf of Democratic presidential nominee Barack Obama.
Clinton will hold a rally in Las Vegas Sunday afternoon. He'll visit Elko and Reno on Monday.
The location and time of the rally hasn't been determined.
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Pres. Obama with Nancy Pelosi running Congress will have us bankrupt before we can vote him out. This is dangerous. Harry Reid and Obama tried to get ACORN billions in the Rescue Plan. What is wrong with this country.
In case you haven't noticed we ARE bankrupt- compliments of "W"
You should read these articles before saying who bankrupt.
Clinton wanted minorities into homes so he start the sub-prime ball rolling. Later, the Democrats wanted more and more sub-prime loans for minorities.
Now we all are paying a price for this social engineering.
http://articles.latimes.com/1999/may/31/...
http://online.wsj.com/article/SB12221294...
Yes, let's blame minorities. They're only 30% of the country, but somehow responsible for this mess. It would take every minority to own a home and default for this to be their mess.
Additionally, how do you account for areas like Wyoming, Indiana, New Hampshire? You know those parts of the country with the really robust minority population.
Face it, most of this came from speculators/flippers and that means middle/upper class white folks had their hand in the jar too. Quit trying to make it sound like the 2003 bubble was all because welfare queens in the ghetto defaulted on a house.
The whole mess is not just sub-prime for minorities, but you have to have your head buried in the sand if you think that is not a major part of the problem.
How major? All you've done is blame minorities. Just pointing out that if you maybe rounded that theory out to include something more than "oh it's the minorities fault, and the dems" I would give your argument more traction.
I still have to say that republicans have had plenty of chances to work on this when they were either president or the controlling members of congress. Especially when they had commanding majorities early in W's presidency.
I just say both sides slacked off here, and right now we have a lot more important things to worry about than pointing fingers. Let's move on, fix it, and get better. America together can do this.
I would agree about fixing it.
Lets start by only allowing normal mortgages where people have to put down 20%.
We should not allow social engineering to occur especailly stuff that puts all of us at risk.
WHATS THE RALLEY CALLED "I NEVER BACKED THAT WOMAN "
Why is it "social engineering" when someone wants to help anyone other than the wealthy, but giving the wealthy absurd tax cuts is "good business"?
At what point do you admit corporate greed was a major factor in this mess rather than blaming it on some ridiculous right wing talking point?
Please allow me to rephrase that last question as it does not read correctly ...
At what point do you admit corporate greed was a major factor in this mess rather than parrotting some ridiculous right wing talking point?
"Why is it "social engineering" when someone wants to help anyone other than the wealthy, but giving the wealthy absurd tax cuts is "good business"?"
ANSWER: Because to successfully plan, build, launch and run a business requires hundreds of times more effort, dedication, resourcefulness and commitment to an idea than most people can muster for a paycheck. A paycheck created by the aforementioned business owners. That's why.
Corporate greed was part of it.
But Fannie Mae and Freddie Mac played a big role feeding that greed.
They were buying up crappie sub-prime loans and cranked that up in 2004.
So the greedie loan generators where getting every Tom, Dick and Jane to sign for very risky zero down ARM sub-prime loans and then selling those loans to Fannie Mae and Freddie Mac at a profit. The greedie loan generators no longer dealt with the risk.
This induced a boom in demand and caused housing prices to sky-rocket. In came in the house flippers greedie people and everybody was cashing on home equity loans to pump out the inflated home values.
Starting with Clinton and continuing with other Democrats they keep pressuring banks to generate sub-primes and pressuring Fannie Mae and Freddie Mac to reduce their standards so that more and more minorities can get into homes.
It was the fuel to the fire that has engulfed us all.
It was government playing God and we all got burned.
RPJ, that does NOT answer the question. All you did was parrott more right wing nonsense. Get back to us when you can answer the question I posed.
Jim, until you admit that it was a completely bi-partisan effort, you have nothing of any worth to say on this subject. Enough of your selective history remembrances.
RPJ, I noticed on another thread you stated you are a libertarian.
Nevermind.
Patricia;
there were politicians who wanted to review and re-adjust the lending standards of fannie and freddie and they were not democrats.
04 was amazing, with fannie and freddie, i know a college student from out of state who purchased a 500,000 dollar home out here with no money down, thanks to the liar loan (no-doc). I am sure there were all kinds of those.
I find it amazing that all of a sudden, there were so very many republicans who "wanted to review and re-adjust the lending standards of fannie and freddie".
What were the chances that all those republicans couldn't manage to get it done in a year when they had control of the entire congress .....
You guys really have to stop with these halos you're putting over the republicans' heads. No one's buying it.
Tokoloshe no one disputes that there were all kinds of shady loans made but to not admit that corporate greed was a huge (if not THE) driving factor is disingenuous. Didn't anyone check the chart that was published a few days ago and notice that these subprime loans were but a fraction of the foreclosures?
No, I suppose that would go against the belief system.