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Opinions & Editorials Discuss Huckabee: Why rescue the Democrats from 'self-destruction'? at the General Forum; Originally Posted by 40yearfan Right. Obama is responsible for nothing and Bush is responsible for everything. Not very consistent are ...

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Old 09-27-2013, 08:35 PM
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Default Re: Huckabee: Why rescue the Democrats from 'self-destruction'?

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Originally Posted by 40yearfan View Post
Right. Obama is responsible for nothing and Bush is responsible for everything. Not very consistent are you?

It took Bush 8 years to add 6 trillion. Obama has added 7 trillion in 4.5 years.

This isn't going well for you is it?
Oh it's going quiet well for me Coco, because you have continuously failed to prove anything you have claimed concerning Obama and spending.

Congress hasn't passed a budget in how many years?..... How can President Obama sign a budget that hasn't been passed. Even more, How can you credit Obama with 7 trillion dollars worth of spending when he's never managed to pass legislation to spend 7 trillion dollars?...

The Trillion dollar deficits that Bush left us have driven the debt, Not Obama spending. While I fully admit Obama has initiated SOME spending measures he doesn't come close to the amount that Bush spent.
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Old 09-27-2013, 08:42 PM
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Default Re: Huckabee: Why rescue the Democrats from 'self-destruction'?

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Originally Posted by 40yearfan View Post
What the hell are you talking about? Freddie Mac's payments to DCI? What does that have to do with reining in the two organizations? The McCain bill never made it out of committee because Chris Dodd lobbied against it. He was the ranking member of the Banking Committee, so he pulled a lot of weight.
Actually it wasn't McCains bill, it was the same bill that Hagel introduced in 2005. McCain signed on as a co-sponsor and re-introduced it in 2007. You're correct it didn't make it out of Committee, either time it was introduced. Both Republicans AND Democrats were against it.
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Old 09-28-2013, 01:46 PM
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Default Re: Huckabee: Why rescue the Democrats from 'self-destruction'?

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Originally Posted by Xcali View Post
Oh it's going quiet well for me Coco, because you have continuously failed to prove anything you have claimed concerning Obama and spending.

Congress hasn't passed a budget in how many years?..... How can President Obama sign a budget that hasn't been passed. Even more, How can you credit Obama with 7 trillion dollars worth of spending when he's never managed to pass legislation to spend 7 trillion dollars?...

The Trillion dollar deficits that Bush left us have driven the debt, Not Obama spending. While I fully admit Obama has initiated SOME spending measures he doesn't come close to the amount that Bush spent.
Right. Defend him at all costs and when all else fails blame Bush.

Obama has been president for 5 years and is so incompetent, he can't reduce spending or get the economy going and is still blaming Bush for his own inadequacies. Do you not see how ridiculous this is?
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Old 09-28-2013, 01:48 PM
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Default Re: Huckabee: Why rescue the Democrats from 'self-destruction'?

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Originally Posted by Xcali View Post
Actually it wasn't McCains bill, it was the same bill that Hagel introduced in 2005. McCain signed on as a co-sponsor and re-introduced it in 2007. You're correct it didn't make it out of Committee, either time it was introduced. Both Republicans AND Democrats were against it.
Agree.
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Old 09-28-2013, 02:00 PM
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Default Re: Huckabee: Why rescue the Democrats from 'self-destruction'?

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Originally Posted by 40yearfan View Post
Right. Defend him at all costs and when all else fails blame Bush.

Obama has been president for 5 years and is so incompetent, he can't reduce spending or get the economy going and is still blaming Bush for his own inadequacies. Do you not see how ridiculous this is?
I haven't heard him blame Bush for anything. Although he would be telling the truth that it was Bush's spending spree that drove the debt through the roof, the Obama administration has simply continued spending that Bush had already built into the budget and some spending that Obama initiated. But until you are willing to Show me the actual spending that you think Obama has done to add 6 trillion dollars worth of debt all you have is a talking point.
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― Thomas Jefferson
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Old 09-28-2013, 02:22 PM
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Default Re: Huckabee: Why rescue the Democrats from 'self-destruction'?

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Originally Posted by 40yearfan View Post
Glass Stegal did not allow sub-prime loans and did not facilitate them. Some including Bill Clinton argued that the Act was already dead before it was repealed. Allowing banks and security firms to interact together was what some felt created a problem.

Barney Frank was the person instrumental in pushing those loans as he felt the low income people should have a chance to get a home of their own also. A noble idea, but a really bad idea. Then on top of it, Congress passed another law that said people could walk away from a home loan with little or no consequences. Another bad idea. The sub-prime loans made for a bunch of bad loans and the fact that anyone upside down in his home loan could simply walk away from it combined to make terrible economic conditions. The stock market tumbled because of it and we had a recession that almost became a depression.
Actually the repeal of Glass Stegal DID facilitate the subprime loan market. It freed up the money out of mandatory reserve to make the poor investments.

But I'm not shocked. You can't get the CBO stuff right, I'm sure you can't get this right either.
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