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Post by Justin Thyme on Oct 9, 2008 7:38:18 GMT -5
If I thought I could count on that he'd have my vote. As it stands now I'm looking at voting for someone who has a voting record to affirm an affinity toward socialism or someone who is promising to be a socialist.
I'm swaying back toward Obama this week.
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Post by legaltender on Oct 9, 2008 7:49:07 GMT -5
As it stands now I'm looking at voting for someone who has a voting record to affirm an affinity toward socialism or someone who is promising to be a socialist. Props for socialism. The shock value has left the building.
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Post by coffeeshooter on Oct 9, 2008 13:58:24 GMT -5
WK all I really stated on that was that the recession of 2000 started during the Clinton admin. What caused that was really the tech bubble bursting due to an unsustainable growth rate during the 1990's. Clinton was able to ride the gravy train but in that case it was nothing that he did. In this case it was caused by banks starting with Freddie and Fanny being forced by congress to give loans to people who should not have gotten loans or loaned more money than they should have. But that was not the full reason for the failure it was all the leveraging that was done by the banks that cause this problem. When I got my first mortgage I had to show all sorts of proof about my income and employment. When I got my current house I only had to say I needed money. Now some of that is probably due to my age and income level but still this happened a lot around the country. My main argument about 1990's was that Clinton did not do much for the economy it was the tech sector that created growth. He just happened to be the WH at that time. Words from GW Bush ca. 2002:...Freddie Mae -- Fannie Mae and Freddie Mac -- I see the heads who are here; I want to thank you all for coming -- (laughter) -- have committed to provide more money for lenders. They've committed to help meet the shortage of capital available for minority home buyers.....Homeownership is also an important part of our economic vitality. If -- when we meet this project, this goal, according to our Secretary of Housing and Urban Development, we will have added an additional $256 billion to the economy by encouraging 5.5 million new home owners in America; the activity -- the economic activity stimulated with the additional purchasers, the additional buyers, the additional demand will be upwards of $256 billion. And that's important because it will help people find work.federalism.typepad.com/crime_federalism/2008/09/george-w-bush-c.html
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