BHO and the 09-2010 congress failed the Democratic party worse than any-one

Discussion in 'Politics' started by JRK, Apr 28, 2012.

  1. JRK
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    JRK Senior Member

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    It took 12 years for the liberals to get the congress back (except the 01-02 senate when J Jeffers jumped ship)

    8 years of solid lies about GWB in conjunction with the Credit bubble bursting (which was no fault of GWB) to create the perfect storm

    In 4 years the house was lost
    In Nov the white house will be lost

    If I was left wing liberal I would not be mad at Rush or any conservative for that matter

    YOUR LEADERSHIP FAILED
     
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  2. Lakhota
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    Lakhota Diamond Member

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    Obama isn't perfect, but the alternative is unacceptable.
     
  3. JRK
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    JRK Senior Member

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    The Democratic party has fallen on hard times
    The loss of over 60 seats in 2010 was the loss of power that took 12 years to to regain.

    Whats wrong with Romney?
     
  4. Truthmatters
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    The Bush admin held back the protections written into the Gram leach biliely act.


    They prevented for YEARS implimenting the very protections which would have made this mess impossible to create.
     
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    SEC Votes for Final Rules Defining How Banks Can Be Securities Brokers
    Eight Years After Passage of the Gramm-Leach-Bliley Act, Key Provisions Will Now Be Implemented
    FOR IMMEDIATE RELEASE
    2007-190
    Washington, D.C., Sept. 19, 2007 - Ending eight years of stalled negotiations and impasse, the Commission today voted to adopt, jointly with the Board of Governors of the Federal Reserve System (Board), new rules that will finally implement the bank broker provisions of the Gramm-Leach-Bliley Act of 1999. The Board will consider these final rules at its Sept. 24, 2007 meeting. The Commission and the Board consulted with and sought the concurrence of the Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and Office of Thrift Supervision.



    These were the VERY people who SOLD the bad securities
     
    Last edited: Apr 29, 2012
  6. Truthmatters
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    You see just lying about what happened is not going to be allowed to just slide anymore
     
  7. Truthmatters
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    Facts never seem to work in the rights favor do they
     
  8. JRK
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    JRK Senior Member

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    what are you talking about?
    Gramm Leech was repealed took place in the late 90s

    What does of any of that have to do with the events of 209 thru 2010?
    The credit bubble was no-ones fault but those who borrowed more than they could afford
    and
    Those who lent out more than they could get back

    No one else s

    It is against the law to lie on a credit app
    It is against the law to loan money based on a lie on a credit app
    That is called bank fraud

    What does any of this have to do with +5 million jobs fewer than 08 and deficits in excess of 1 trillion dollars each year?
     
  9. Truthmatters
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    WOW!


    You have NO idea what you are talikng about do you?



    Gramm Leach was signed by Clinton in 1999.

    Glass Steagal was repealed bit by bit and Gram leach was the final blow to it.



    Then the reasons Bill Clinton was willing to sign it ( the protections of the consumer written into the bill) were hled back for nearly Bush's entire term by his SEC.


    You are very badly informed
     
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    This is an SEC release.


    Its undeniable FACT!
     

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