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Explosive Audio Unearthed: Obama says Sub Prime Mortgages a GOOD IDEA!!
YouTube ^ | 10/4/08 | NakedEmperorNews

Posted on 10/06/2008 12:25:13 PM PDT by PajamaTruthMafia

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To: PajamaTruthMafia

“STARTED OFF AS a good idea...”

Be careful.


21 posted on 10/06/2008 12:52:04 PM PDT by Tzimisce (How Would Mohammed Vote? Obama for President!)
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Comment #22 Removed by Moderator

To: GOPJ
You’re right. McCain needs to jump on this one...

McCain just mentioned Obama's "good idea" at a campaign rally!!!! Hope that was quick enough ;-)


23 posted on 10/06/2008 12:52:23 PM PDT by pookie18 (Palin-Jindal '12)
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To: PajamaTruthMafia

{paraphrase} it was a good idea to screw around with the normal supply and demand of the mortgage industry and stick the American people with the bill for those mortgages which are not paid back on loans which would never have been written if not for a Congressional mandate to do so. After all, the American people owe it to those people who can’t afford a house to under-write one for them. its the fair thing to do. {Biden adds: Its the patriotic thing to do}


24 posted on 10/06/2008 12:55:09 PM PDT by APRPEH (Fred, say it ain't so.......)
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To: USNA74

typical leftist agenda...take from the workers and give to losers. Redistribution of wealth, class and race warfare all on Obama’s to do list after election.


25 posted on 10/06/2008 1:04:47 PM PDT by milwguy (........)
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To: PajamaTruthMafia

“Started off as a good idea”
It sounds like something else followed.
I would be careful how it was used until the full context of the clip is heard.


26 posted on 10/06/2008 1:06:46 PM PDT by tapatio
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To: Tzimisce
“STARTED OFF AS a good idea...”

But his intentions were pure....

27 posted on 10/06/2008 1:08:51 PM PDT by mlocher (USA is a sovereign nation)
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To: tapatio

Do you think it’s a good idea to loan money to people with no hope of ever paying it back? Would you say it started off as a good idea? It’s only a good idea if you’re an idiot.


28 posted on 10/06/2008 1:22:40 PM PDT by PajamaTruthMafia
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To: PajamaTruthMafia

http://www.barackobama.com/2007/09/17/remarks_of_senator_barack_obam_24.php

The whole quote makes Barry look prescient... But the SOB never lifted a finger in 9/2007 to avert any problems.

If its so damning to barry, why is the ultimate source at www.barackobama.com?

He has a “plan”. I’m still waiting to see John Kerry’s big ole plan....Not worth the toilet tissue that has been smeared upon...


29 posted on 10/06/2008 1:33:50 PM PDT by King Moonracer (eyes rolling.)
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To: pookie18

Off subject, but I love Pookie! I even named my cat Pookie.

Do you remember a song Pookie sang “Daddy dear, tell me true, is the sky really blue....”

Can’t find out what song that was anywhere.

And I still miss Soupy Sales.


30 posted on 10/06/2008 1:41:07 PM PDT by Beowulf9
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To: King Moonracer

it’s on NYT, too:

http://www.nytimes.com/2007/09/17/us/politics/16text-obama.html?pagewanted=3

I would be VERY VERY careful about this...this is not an explosive video, imho. At most, it says he recognized it in 2007, the consequences, too, but did nothing to LEAD his own party to fix the mess a year ago...

At most - I would say you could go after him and say he knew about it, but did nothing in Congress to stop it or prevent it from being so bad.

Kinda like knowing Katrina is coming, but not acting like a leader and getting folks out through mandatory evacuations in time. Whether Bush was to blame or not, he pretty much got the bulk of the blame when thousands died.


31 posted on 10/06/2008 1:55:10 PM PDT by KeatsforFirstDog
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To: PajamaTruthMafia

bump


32 posted on 10/06/2008 1:56:37 PM PDT by VOA
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To: PajamaTruthMafia
Do you think it’s a good idea to loan money to people with no hope of ever paying it back? Would you say it started off as a good idea? It’s only a good idea if you’re an idiot.

To answer you questions,no it is not a good idea.

I still, however would like to hear the whole clip,just for information purposes before I ran with it!

33 posted on 10/06/2008 1:56:49 PM PDT by tapatio
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To: tapatio

the whole speach is on obama’s website and also the NYT...see the links above...


34 posted on 10/06/2008 2:08:24 PM PDT by KeatsforFirstDog
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To: PajamaTruthMafia

bttt


35 posted on 10/06/2008 2:09:28 PM PDT by petercooper (IQ tests for all voters!)
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To: PajamaTruthMafia
This is the whole idea behind "affordable housing". That's the catch-phrase Bawney Fwank and company use when they refer to the HUD mortgage regulations.

I think the last few months have proved that making housing "affordable" for one group of people while sticking the rest of the world with the tab ain't such a hot idea.

Do you suppose that anyone besides Artur Davis will have the cojones to apologize?

The silence is deafening.

36 posted on 10/06/2008 2:13:00 PM PDT by WarEagle (Can America survive a President named Hussein?)
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To: KeatsforFirstDog
...this is not an explosive video, imho

In my not-so-humble opinion, too.

37 posted on 10/06/2008 2:21:52 PM PDT by TankerKC (Those are my principles. If you don't like them, I have others.)
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To: Beowulf9
My favorite cat was named after the lion puppet as well; she passed away at 18...thus my FReepname.

Well, you came to the right place...here's your song, not by Pookie, which I have on a 45:

Little Child


38 posted on 10/06/2008 2:46:12 PM PDT by pookie18 (Palin-Jindal '12)
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To: ExTexasRedhead

!!


39 posted on 10/06/2008 2:48:55 PM PDT by Arrowhead1952 (PELOSI & REID = Worst congress ever.)
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To: KeatsforFirstDog
the whole speach is on obama’s website and also the NYT...see the links above...

Thanks

40 posted on 10/06/2008 2:58:55 PM PDT by tapatio
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