Posted on 01/05/2008 7:12:27 AM PST by jdm
To Reuters it's a done deal. Why even have an election?
I thought a week ago the story was that Pakistan was reminding voters that it’s still a dangerous world. What happened?
Iraq and the economy are winners for the Republicans.
It was Democrats who insisted on goosing the lending practices that have artificially pumped the housing bubble. Republicans should hang it around their necks in 2008.
But they won't
Though right you are, Republicans can't. The Race Card would be played - BIG TIME.
ping
How so?
Rooters sees no war, remember who owns them. Focusing on the economy is good for their owner.
I could spend all morning producing reams of past minutes from Paul Sarbanes on the Seante banking committee, to name but one culprit. Or Harkin, or Durban, or Levin.
The suburbs that surround DC are chock full of McMansions, with miles of square footage inhabited by government employees and clerks who somehow have Hummers in the driveway, yet can’t afford to furnish their palaces, all of which have 40-year mortagages and interest-only notes. Now they all have foreclosure signs on their vast front yards.
Its a joke.
Nominee Obama + recession = President Bloomberg?
That the problem, out side Democrat districts run by Moveon.org stoodges, Iraq never was "the issue" for the bulk of the American people. That the whole reason the Democrat Congress dropped a 50% approval rating to 11% in the 1st 6 months of 2007 and why it has stayed down there ever since, is they have tried to make it all about Iraq. Democrat pulled a bait and swith in 2006 on the American people. Democrats ran away from Iraq in the 2006 Campaign. In fact, Iraq isn't even in their "06 for 06" campain plan. They ran on a vauge "reform" agenda. Then when they got to DC, they did nothing but fight with Bush about Iraq. Bush's approval rating, low though it may be, has be rock steady, Democrat's approval numbers plummented to about half of Bush's in the same time frame Outside the US Junk Media and Moveon.org meeting rooms, often the same thing, the issue has never been Iraq.
How so?
http://www.hud.gov/offices/fheo/lending/index.cfm
Read about “Fair Lending”. Refusing to loan to high risk borrowers, many of which are minorities, was considered racially discriminatory
And I could point out that they have been running the Senate Banking committee for less than a year, while this mortgage crisis has been years in the making. So where were the Republicans during the 12 years they were running the show?
Its a joke.
It is indeed. But one that both parties share the blame for.
Are you saying that has been in place only for the last 12 months?
What’s impressive to me is that DESPITE the housing slowdown the economy is actually still quite strong. I’m pretty sure there will be overall growth the next quarter, and although the economy certainly is effected by housing, it’s not the catastrophe people make it out out to be. 5% unemployment is historically pretty low.
A recent poll showed that a huge % of Americans are actually satisfied with where they are currently. So there’s this weird disconnect between the reality and this worry over an economic collapse (vs a bit of volatility and a very healthy correction) that has been created and fed by the media.
The frustrating thing to me is that Republican candidates will likely just go along with it. I believe it was Nixon who said that if the people imagine a huge impassable river, the solution is not to try and convince them that there is no river at all, but instead to build them a bridge.
Folks, we are FAR from an economic crisis, and this should be a very good issue for the Republicans as the last eight years for the most part have been some of the best economically we’ve had. It needs to be pointed out that the best way to turn this somewhat-of-a-slowdown / correction into a real economic problem is to get someone in office who will raise taxes.
Well, my $0.02 anyways. :)
I am amazed how you Leftists continually seek to blame the consequences of your side’s actions on everyone else but yourselves. Democrats are the one squealing for the Govt to step in an fix this mess. Freepers are merely pointing out to you people that it was your "Fix" of an earlier supposed problem; that CREATED the mess in the 1st place
Good find!
Free Republic is good at these things.
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