Obama Voted 'Present' on Mortgage Reform

Discussion in 'Current Events' started by NOBama, Oct 15, 2008.

  1. NOBama
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    NOBama Senior Member

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  2. doeton
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    doeton Senior Member

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    In each of the first two presidential debates, Barack Obama claimed that "Republican deregulation" is responsible for the financial crisis. Most viewers probably accepted this idea, especially because Republicans generally do favor deregulation.

    :eek::clap2:
     
  3. doeton
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    doeton Senior Member

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    this is hilarious.

    are you saying you are in favor of more regulation?

    lol.
     
  4. dilloduck
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    dilloduck Diamond Member

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    read the article, dummy . Where did Obama stand ?
     
  5. NOBama
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    NOBama Senior Member

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    That's funny. Apparently, he didn't even make it off the first paragraph, let alone read the whole article.
     
  6. doeton
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    doeton Senior Member

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    the article by a guy from the american enterprise institute?

    lol. yeah, obviously obama is for letting corporations run rampant like all democrats.
    :eusa_shhh:

    but he's also for wealth redistribution right?

    i guess as the anti-christ he has magic power like that right?
     
  7. doeton
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    doeton Senior Member

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    well to be honest the first sentence was indeed what cracked me up.

    here let's read it together.

    Most viewers probably accepted this idea, especially because Republicans generally do favor deregulation.

    perhaps you might work through with me why this amusing in light of our country going down the toilet.
     
  8. Bern80
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    Bern80 Gold Member

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    I thinks it's amusing that people like you blame the problem on deregulation. And on top of that blaming Republicans for said deregulation when the major piece of legislation that deregulated the industry was passed almost unanimously and bi-partisanly.

    Finally, all deregulation is really is essentially saying is that government is not going to babysit the economy into people behaving responsibly. The problem we're haveing now is that we are bailing out folks that didn't behave responsibly durrimg the period of deregulation. The choices made by companies like AIG were not forced on them by deregulation.
     
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  9. NOBama
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    NOBama Senior Member

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    The key word there is "generally". I also think McCain brought that concern (Fanny & Freddie) up a few years ago (before Obama wrote his letter to Paulson).

    Generally favoring deregulation does not equal complete deregulation except in the minds of about half the country. :tongue:
     
  10. dilloduck
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    dilloduck Diamond Member

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    Whoa----that's way to far out there for some people. Easy. !:lol:
     
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