Green Energy
OBAMA TODAY:
THIS IS EXACTLY WRONG.
What's causing the financial breakdown is the SUB-PRIME MORTGAGE CRISIS which was caused by banks LOOSENING THEIR LENDING PRACTICES TO MAKE IT EASIER FOR POOR PEOPLE TO BUY HOMES.
IOW: LIBERALIZING AND LOOSENING LENDING PRACTICES AND EXPANDING SOCIALISM.
We all saw the ungteen bazillion ads on TV:
"No down payment necessary and poor credit... that's OK.!"
They lent money like there was no tomorrow. Only there is ALWAYS a tomorrow and that's when the fiddler must be paid.
Go read the rest at Astute Bloggers.
-
Poll: 77% of US Investors Say Obama is "Anti-Business"... From Weasel Zippers: The worst and potentially catastrophic idea Obama wants to enact is the new bank tax which will place a levy not on earnings, but on the money institutions lend out....
- And Bush Begat Rumsfeld Who Begat Frank, And He Begat Brownie, And Then He Begat Paulson
Tell me is it that no one knows what to do? No one understands how everything fits together? Or is it THESE GUYS who are basically clueless? Sorry, really didn;t mean to acquire toxic banks assets with that 3/4 of a trillion I was talking...
- Would The Last Honest Reporter Please Turn On The Lights?
People are really fed up with the medias absolute left leaning bias and anti-Americanism offering their audiences daily Obamagasm rides at at times bringing themselves to hallucinating hights - Do they really think that people are that stupid, even despite...
- Is John Mccain Robert E Lee With The Right Nation Behind Him?
UPDATE AT BOTTOM: McCAIN TAKING ADS DOWN Said of Genl Lee on his appointment as commanding general of the Army of Northern Virginia: "He'll take more chances and take'em quicker than anyone can imagine" So we had Palin , and now today.......
- Fannie Mae/fannie Mac Ceo's Are Economic Advisers To Obama
From IBD: In the past couple of weeks, as the financial crisis has intensified, a new talking point has emerged from the Democrats in Congress: This is all a "crisis of capitalism," in socialist financier George Soros' phrase, and a failure to regulate...
Green Energy
OBAMA'S ANALYSIS OF TODAY'S FINANCIAL BREAKDOWN IS EITHER BACKWARDS OR UPSIDE-DOWN
OBAMA TODAY:
“I certainly don’t fault Senator McCain for these problems, but I do fault the
economic philosophy he subscribes to,” Mr. Obama said in a statement. “It’s a
philosophy we’ve had for the last eight years – one that says we should give
more and more to those with the most and hope that prosperity trickles down to
everyone else.”
THIS IS EXACTLY WRONG.
What's causing the financial breakdown is the SUB-PRIME MORTGAGE CRISIS which was caused by banks LOOSENING THEIR LENDING PRACTICES TO MAKE IT EASIER FOR POOR PEOPLE TO BUY HOMES.
IOW: LIBERALIZING AND LOOSENING LENDING PRACTICES AND EXPANDING SOCIALISM.
We all saw the ungteen bazillion ads on TV:
"No down payment necessary and poor credit... that's OK.!"
They lent money like there was no tomorrow. Only there is ALWAYS a tomorrow and that's when the fiddler must be paid.
Go read the rest at Astute Bloggers.
-
Poll: 77% of US Investors Say Obama is "Anti-Business"... From Weasel Zippers: The worst and potentially catastrophic idea Obama wants to enact is the new bank tax which will place a levy not on earnings, but on the money institutions lend out....
- And Bush Begat Rumsfeld Who Begat Frank, And He Begat Brownie, And Then He Begat Paulson
Tell me is it that no one knows what to do? No one understands how everything fits together? Or is it THESE GUYS who are basically clueless? Sorry, really didn;t mean to acquire toxic banks assets with that 3/4 of a trillion I was talking...
- Would The Last Honest Reporter Please Turn On The Lights?
People are really fed up with the medias absolute left leaning bias and anti-Americanism offering their audiences daily Obamagasm rides at at times bringing themselves to hallucinating hights - Do they really think that people are that stupid, even despite...
- Is John Mccain Robert E Lee With The Right Nation Behind Him?
UPDATE AT BOTTOM: McCAIN TAKING ADS DOWN Said of Genl Lee on his appointment as commanding general of the Army of Northern Virginia: "He'll take more chances and take'em quicker than anyone can imagine" So we had Palin , and now today.......
- Fannie Mae/fannie Mac Ceo's Are Economic Advisers To Obama
From IBD: In the past couple of weeks, as the financial crisis has intensified, a new talking point has emerged from the Democrats in Congress: This is all a "crisis of capitalism," in socialist financier George Soros' phrase, and a failure to regulate...