bush still p...... on america

Bush III is just as crappy a president as bush II was
 
1) What does partisan political stonewalling have to do - at all - with prior Administrations?

2) Who is "Bush III?"

I think we should go back to the original idea behind electing Presidents - President got the most votes, Vice President got the second-most, and they were usually from opposing parties. Enforced co-operation.
 
Bush III is the guy presently in the white house, who seems to have continued the worst of Bush II's mistakes and also added more of his own.
 
5-90 said:
1) What does partisan political stonewalling have to do - at all - with prior Administrations?
Click to expand...

I am gonna spell it out for you just this once.
DeMarco was a bush appointee. The current republican't congress has been filibustering his replacement. bush pisses on america still. Get it?
Maybe this will help, excerpted from NY Times link.

"Who is Ed DeMarco? He’s a civil servant who became acting director of the housing finance agency after the Bush-appointed director resigned in 2009. He is still there, in the fourth year of the Obama administration, because Senate Republicans have blocked attempts to install a permanent director. And he evidently just hates the idea of providing debt relief."
 
Last edited:
420BlackXJ said:
I am gonna spell it out for you just this once.
DeMarco was a bush appointee. The current republican't congress has been filibustering his replacement. bush pisses on america still. Get it?
Maybe this will help, excerpted from NY Times link.

"Who is Ed DeMarco? He’s a civil servant who became acting director of the housing finance agency after the Bush-appointed director resigned in 2009. He is still there, in the fourth year of the Obama administration, because Senate Republicans have blocked attempts to install a permanent director. And he evidently just hates the idea of providing debt relief."
Click to expand...

Once again, you've made it all too easy to prove you wrong......speaking of dot connection, the articles below connect you with truth and reality.

http://seekingalpha.com/article/186...-c-telling-the-truth-about-fannie-and-freddie

http://www.robertstoweengland.com/index.php/writer/382-qaa-with-ed-demarco.html
 
420BlackXJ said:
I am gonna spell it out for you just this once.
DeMarco was a bush appointee. The current republican't congress has been filibustering his replacement. bush pisses on america still. Get it?
Maybe this will help, excerpted from NY Times link.

"Who is Ed DeMarco? He’s a civil servant who became acting director of the housing finance agency after the Bush-appointed director resigned in 2009. He is still there, in the fourth year of the Obama administration, because Senate Republicans have blocked attempts to install a permanent director. And he evidently just hates the idea of providing debt relief."
Click to expand...

But, is Bush (or anyone else, for that matter...) directly responsible for the behaviour pattern of Ed DeMarco? I somehow doubt it.

This sort of partisan wrangling has been going on in Washington (and elsewhere) for 30-40 years - the problem isn't that they're doing it, but that we haven't stopped them.

They work for us - but the voting public doesn't seem to be willing to bring that point home to them.

Ergo, Bush (Bush41 or Bush43) is still only tangentially responsible - at most. The ultimate fault lies with us, the body politic, for abdicating our responsibility and allowing this sort of thing to happen.

I've been trying to do something about it, but I'm only one man and no-one seems to be willing to listen (but I shall continue trying as long as booze and breath flow through my body!)

"Spirit of '76 - Re-elect Nobody!"
 
420BlackXJ said:
Here's another opinion contrasting your posted links.
http://www.huffingtonpost.com/peter-s-goodman/fannie-mae-freddie-mac-ed-demarco_b_1737745.html
Click to expand...


You are acting as a clueless minion and clearly don't understand the big picture……OR refuse to acknowledge that the root of the "mortgage crisis" is the flawed social policy known as the Community Reinvestment Act (CRA), which became law under President Jimmy Carter.
Here are some facts:
  • The CRA required federal financial institutions to encourage banks to give home loans to persons with little credit and low income. Economist Russell Roberts said that the CRA played a major role in creating the sub-prime mortgage crisis in the U.S.
  • Under Bill Clinton, the CRA was expanded and Clinton set targets for low-income home ownership at the Department of Housing and Urban Development and at Fannie Mae and Freddie Mac. Banks were forced by the federal government to provide bad loans to unqualified people.
  • Rep. Barney Frank (D-MA) is Chairman of the Financial Services Committee in the House of Representatives. In 2003, he said of Fannie Mae and Freddie Mac: "These two entities – Fannie Mae and Freddie Mac – are not facing any kind of financial crisis. The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing."
  • In the late 1980s and early 90s, Frank was engaged in a sexual relationship with Herb Moses, who was Fannie Mae's assistant director of product initiatives. Bottom line here…… Frank looked the other way, while our economy was being destroyed by federal policies created in Clinton and Carter Administrations.
  • Side note: (In 2008, Freddie gave $20,000 to a Parents and Friends of Lesbians and Gays (PFLAG) event; Fannie Mae gave nearly $19,000 to the same event. Freddie has donated $125,000 and Fannie donated $80,000 to homosexual groups since 2005.)
  • Senator Christopher Dodd (D-CT) was head of the powerful banking committee in the Senate under Bush. He and Barney Frank consistently resisted attempts by the Bush Administration to closely regulate Fannie Mae and Freddie Mac. Dodd also got preferential treatment from Countrywide on two mortgages. Countrywide was one of the biggest subprime providers.
  • Barney Frank and Christopher Dodd received thousands of dollars in contributions from Fannie Mae and Freddie Mac over the years. Dodd has received $133,900 since 1989; Frank received $40,100. (While in the Senate, Barack Obama received $105,849).
  • As long ago as 2003, President Bush was trying to get the House and Senate to carefully monitor the actions of Fannie Mae and Freddie Mac. His efforts were rejected by Democrats.
  • Obama associates headed Fannie Mae and Freddie Mac during the years that the crisis was getting out of control. Obama friend Franklin Raines ran Fannie Mae and collected $50 million from it. Obama friend Jamie Gorelick worked for Fannie Mae and earned $26 million; Jim Johnson, formerly Obama's vice president search committee chairman, hauled in millions from his work with Fannie Mae as CEO.
  • ACORN, the socialist group that routinely engages in voter fraud, was involved in pushing for risky loans to people with bad credit histories or little money for down payments. ACORN intimidated banks in Chicago and elsewhere to give risky loans.
  • Obama actually trained ACORN workers when he was a community organizer in Chicago and ACORN used provisions of the Community Reinvestment Act to delay or halt efforts of banks to merge or expand until they had lowered their credit standards.
DeMarco knows all this and is refusing to let Obama further burden the taxpayer with wealth distribution for those who were fiscally irresponsible and feel entitled to government assistance in every aspect of their lives…….so I can see why you don’t like him.
 
XJEEPER said:
You are acting as a clueless minion and clearly don't understand the big picture……OR refuse to acknowledge that the root of the "mortgage crisis" is the flawed social policy known as the Community Reinvestment Act (CRA), which became law under President Jimmy Carter.
Click to expand...


I usually keep quiet, but thank you!!!!!!!! Too many knuckeheads have no idea the impact of that program. Furthermore, many people have no idea that if you are a small (or large) bank, unless you play by those rules that you will not get approval to open another branch regardless of how strong your bank is. In other words, all banks were forced to make bad loans if they wanted to expand. I will step out now as this is a thank you for XJEEPER and not a comment I wish to try to convince the uninformed.
 
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