The Drivebys Attempt To Blame Palin For The Bailouts

[Truthmatters]

"Its actually a good point because the liberal media says we should hate Palin for supporting the bailout but praise Obama for signing the bill into law."


She is a flip flopper you brick brain.

She hasnt ever stuck with anything she started ( like being half a govenernor).

She is a phoney and you are so gullible you cant see it.

 

[MaggieMae]

But not the president ......

Oh please. Obama has had every word, every uh, um, and other utterance scrutinized. Surely you jest.

Usually his words were scrutininzed by his opponents (which is normal) but the same people that sent fact-checkers on Palin decided to defend Obama to the hilt. Do you see how tilted some diminishing media outlets are?

If you're talking about the fact-checkers when Palin was announced as the VP pick, that decision sent shockwaves throughout the country. Who is Sarah Palin? You mean the media shouldn't have done some digging? And apparently they came up with a bunch of stuff that smelled pretty bad. Tough. Politics is what it is.

 

[ihopehefails]

Tell us all you know about Glass Steagal hopeless?

Is this suppose to be your endgame point? If it is it is quite laughable because you just stated an event without actually making a point because you might as well have typed "Tell us all you know about Donald Duck" and I would have told you that he was a cartoon duck made by Walt Disney and then I would have told you WTF does this have to do with anything. That is what I am telling you now. WTF is your point and WTF does that have to do with anything?

 

[ihopehefails]

Oh please. Obama has had every word, every uh, um, and other utterance scrutinized. Surely you jest.

Usually his words were scrutininzed by his opponents (which is normal) but the same people that sent fact-checkers on Palin decided to defend Obama to the hilt. Do you see how tilted some diminishing media outlets are?

If you're talking about the fact-checkers when Palin was announced as the VP pick, that decision sent shockwaves throughout the country. Who is Sarah Palin? You mean the media shouldn't have done some digging? And apparently they came up with a bunch of stuff that smelled pretty bad. Tough. Politics is what it is.

Yet they were strangely silent about Obama's history...

 

[MaggieMae]

Think Progress » Palin: ‘What The Bailout Does Is Help Those Who Are Concerned About Health Care Reform’


COURIC: Why isn’t it better, Governor Palin, to spend $700 billion helping middle-class families struggling with health care, housing, gas and groceries? … Instead of helping these big financial institutions that played a role in creating this mess?

PALIN: Ultimately, what the bailout does is help those who are concerned about the health care reform that is needed to help shore up the economy– Oh, it’s got to be about job creation too. So health care reform and reducing taxes and reining in spending has got to accompany tax reductions.

She voiced support for it more than once

An edited version of the interview.....but not edited enough to cover up her true intent.

She did say that health care reform must be about reining in spending and reducing taxes.

Also she says that the bailouts must do something about job creation. Helping banks make loans to small businesses. Not much of that ever happened. The funds were used by banks to buy out other banks. I don't think she would approve of this.

I agree with you but I think the Couric interview was a bad interview for her no matter how you chalk it up but what people don't know is that the two had a nasty fight over abortion before the interview so how can any person be interviewed under that situation?

Ooooh, an insider. Do I know you?

 

[Zona]

Drive by?

Rush much......

 

[ihopehefails]

"Its actually a good point because the liberal media says we should hate Palin for supporting the bailout but praise Obama for signing the bill into law."


She is a flip flopper you brick brain.

She hasnt ever stuck with anything she started ( like being half a govenernor).

She is a phoney and you are so gullible you cant see it.

I'm actually pointing out that the media doesn't fact check Obama and didn't put him through the same scrutiny as they did for Sarah. Did you know that Obama was just as much as an unknown as Palin before he ran for president yet they didn't seem to care?

Why is that?

And no she is not a flip-flopper. When you analize her words carefully she was being quite consistent.

Thanks for playing dumbshit!

 

[MaggieMae]

Lets remember who was president for 8 years and had a republican majority in both houses most of that time when the need developed for a bailout.

Then lets add up the real number and realize who spent it.

There was no need for the bailout to begin with but lets remember the people who opposed loan regulations that would have made lending more safe for the government and that was Suffering Sucatash Barney Frank.

[ame="http://www.youtube.com/watch?v=iW5qKYfqALE"]http://www.youtube.com/watch?v=iW5qKYfqALE[/ame]

[ame="http://www.youtube.com/watch?v=RAuOEdttjZQ"]http://www.youtube.com/watch?v=RAuOEdttjZQ[/ame]

The Republicans controlled both houses of Congress from 2002 to 2006 and made no real effort to regulate the loan industry.

In fact they ENHANCED the Clinton program to make mortgage lending to minorities even easier, by promoting and advocating no money down and relaxing loan approvals based on income and apart from conventional mortgage formulas. It was THOSE mortgages that got bundled and are still lost forever in some rotting securities package along with a few good mortgages.

 

[ihopehefails]

An edited version of the interview.....but not edited enough to cover up her true intent.

She did say that health care reform must be about reining in spending and reducing taxes.

Also she says that the bailouts must do something about job creation. Helping banks make loans to small businesses. Not much of that ever happened. The funds were used by banks to buy out other banks. I don't think she would approve of this.

I agree with you but I think the Couric interview was a bad interview for her no matter how you chalk it up but what people don't know is that the two had a nasty fight over abortion before the interview so how can any person be interviewed under that situation?

Ooooh, an insider. Do I know you?

Its always amazes me how little liberals actually know...

There is documentary going around talking about it.

 

[MaggieMae]

$400 billion was doled out during the Bush Administration.

The rest was given out during the Obama Administration. So in effect the problem is Obama's.

Except that the TARP loans are now being paid back to the Treasury at a rate of around 37% in interest. Not too shabby.

The problem is reining in those mammoth financial institutions with tighter regulation and oversight so they don't start doing the same thing with derivatives and other risky securities that brought about this mess.

Another problem is that they still are not willing to do what they even exist for: That is lend money to small businesses which are struggling to stay alive. But ironically, that's because the financial giants believe that lending to small businesses is based on consumer confidence in those small businesses, which isn't happening yet. It's a full-cycle Catch-22 situation.

However, without the TARP bailout, those major financial institutions would have caused a run on every bank all over the globe, creating a world-wide catastrophe. To argue it wasn't necessary is not only moot but ignorant.

I know you why guys want to regulate banks and that is because it is a part of your communist doctrine about how to create a socialist society so drop the pretense about wanting to help people because logic would say that when banks are free to do as they want they will loan out money when there is a profit to be made but when you regulate so they can't take chances then they don't unless its permissable by the government and no one wants to run a business like that.

Yeah, that's it.

I suspect the situation will get much worse and we will prove that bank regulations don't work and actually hurt the economy. The ironic thing is is that it was government involvement in the banks that caused the mess to begin with and yet you people seem to think that more government involvement is needed?

That is stange...very very strange...

So now you're supportive of the financial institutions that fucked you over? Huh, imagine that. All the government's doing, you say. That's why both Greenspan and Cox have admitted government should have paid MORE ATTENTION. Gotcha.

 

[ihopehefails]

There was no need for the bailout to begin with but lets remember the people who opposed loan regulations that would have made lending more safe for the government and that was Suffering Sucatash Barney Frank.

http://www.youtube.com/watch?v=iW5qKYfqALE

http://www.youtube.com/watch?v=RAuOEdttjZQ

The Republicans controlled both houses of Congress from 2002 to 2006 and made no real effort to regulate the loan industry.

In fact they ENHANCED the Clinton program to make mortgage lending to minorities even easier, by promoting and advocating no money down and relaxing loan approvals based on income and apart from conventional mortgage formulas. It was THOSE mortgages that got bundled and are still lost forever in some rotting securities package along with a few good mortgages.

Thanks for telling us who thought of this idea but can you name me the bill that did this or did you make it up?

Even if they did they probably did it because of pressure from the RINO republicans that were in power at the time and the democrats. They all lost their jobs and so will the other people in 2010.

 

[MaggieMae]

Obama responsible?

That would mean that Obama has paid off under the table every Liberal media outlet in America.

I didn't say that. Although I've heard it was the case.

No, Obama floats along having caused this catastrophe and getting none of the blame yet the media sees fit to blame Sarah Palin, somebody that had nothing to do with it, for everything.

"But one must ask the question, how can the media blame Sarah Palin for the bailouts when in fact she had nothing to do with it, and at the same time give Obama a complete pass on it even though he voted for the TARP bill and signed into law the Stimulus Bill? He is directly responsible for signing into law bills that have more then tripled the deficit."

THAT^^ is "spin."

Its actually a good point because the liberal media says we should hate Palin for supporting the bailout but praise Obama for signing the bill into law.

Except that it wasn't the "liberal media" that made that statement! Go back to the original OP. It was someone trying to make it so, and hope you would buy into it. Obviously they succeeded with some of you.

Gullible-itis: An epidemic worse than swine flu.

 

[ihopehefails]

Except that the TARP loans are now being paid back to the Treasury at a rate of around 37% in interest. Not too shabby.

The problem is reining in those mammoth financial institutions with tighter regulation and oversight so they don't start doing the same thing with derivatives and other risky securities that brought about this mess.

Another problem is that they still are not willing to do what they even exist for: That is lend money to small businesses which are struggling to stay alive. But ironically, that's because the financial giants believe that lending to small businesses is based on consumer confidence in those small businesses, which isn't happening yet. It's a full-cycle Catch-22 situation.

However, without the TARP bailout, those major financial institutions would have caused a run on every bank all over the globe, creating a world-wide catastrophe. To argue it wasn't necessary is not only moot but ignorant.

I know you why guys want to regulate banks and that is because it is a part of your communist doctrine about how to create a socialist society so drop the pretense about wanting to help people because logic would say that when banks are free to do as they want they will loan out money when there is a profit to be made but when you regulate so they can't take chances then they don't unless its permissable by the government and no one wants to run a business like that.

Yeah, that's it.

I suspect the situation will get much worse and we will prove that bank regulations don't work and actually hurt the economy. The ironic thing is is that it was government involvement in the banks that caused the mess to begin with and yet you people seem to think that more government involvement is needed?

That is stange...very very strange...

So now you're supportive of the financial institutions that fucked you over? Huh, imagine that. All the government's doing, you say. That's why both Greenspan and Cox have admitted government should have paid MORE ATTENTION. Gotcha.

Yes it was all government's doing because they made it to easy for people to get loans which private non-government banks would not have done because it was they would be risking their own money but as long as the government has some control they are obligated to run the financial institutions in a safe manor which involves making sure that banks don't make mass stupid loans that can't be repaid. What Gspan and Cox were really saying is that the people who brought ideas about stopping the bad lending aka republicans were right.

 

[MaggieMae]

Usually his words were scrutininzed by his opponents (which is normal) but the same people that sent fact-checkers on Palin decided to defend Obama to the hilt. Do you see how tilted some diminishing media outlets are?

If you're talking about the fact-checkers when Palin was announced as the VP pick, that decision sent shockwaves throughout the country. Who is Sarah Palin? You mean the media shouldn't have done some digging? And apparently they came up with a bunch of stuff that smelled pretty bad. Tough. Politics is what it is.

Yet they were strangely silent about Obama's history...

How so? I certainly had media access to all the negative reports. The fact that MSM didn't go hog wild over the "paling around with terrorists" bullshit (his acquaintance, not a PAL) regarding Bill Ayers is also moot, as is all the piles of elephant dung about his birth certificate. Both of those (actually ALL of those ignorant allegations) have been debunked. Was Obama perfect? Hell no. Did he go through a period when he questioned his own skin color, nationality, loyalty to a socialist agenda? Yup. And he fully admits to all of it.

Next?

 

[ihopehefails]

"But one must ask the question, how can the media blame Sarah Palin for the bailouts when in fact she had nothing to do with it, and at the same time give Obama a complete pass on it even though he voted for the TARP bill and signed into law the Stimulus Bill? He is directly responsible for signing into law bills that have more then tripled the deficit."

THAT^^ is "spin."

Its actually a good point because the liberal media says we should hate Palin for supporting the bailout but praise Obama for signing the bill into law.

Except that it wasn't the "liberal media" that made that statement! Go back to the original OP. It was someone trying to make it so, and hope you would buy into it. Obviously they succeeded with some of you.

Gullible-itis: An epidemic worse than swine flu.

 

[MaggieMae]

"Its actually a good point because the liberal media says we should hate Palin for supporting the bailout but praise Obama for signing the bill into law."


She is a flip flopper you brick brain.

She hasnt ever stuck with anything she started ( like being half a govenernor).

She is a phoney and you are so gullible you cant see it.

I'm actually pointing out that the media doesn't fact check Obama and didn't put him through the same scrutiny as they did for Sarah. Did you know that Obama was just as much as an unknown as Palin before he ran for president yet they didn't seem to care?

Why is that?

And no she is not a flip-flopper. When you analize her words carefully she was being quite consistent.

Thanks for playing dumbshit!

The media began analyzing Obama following his speech at the 2004 convention, dumbshit. And that media ALSO included the right wing noise machine. He didn't become a candidate until April of 2007 and the media was relentless with their scrutiny. Who the fuck are you trying to kid?

 

[mudwhistle]

There was no need for the bailout to begin with but lets remember the people who opposed loan regulations that would have made lending more safe for the government and that was Suffering Sucatash Barney Frank.

http://www.youtube.com/watch?v=iW5qKYfqALE

http://www.youtube.com/watch?v=RAuOEdttjZQ

The Republicans controlled both houses of Congress from 2002 to 2006 and made no real effort to regulate the loan industry.

In fact they ENHANCED the Clinton program to make mortgage lending to minorities even easier, by promoting and advocating no money down and relaxing loan approvals based on income and apart from conventional mortgage formulas. It was THOSE mortgages that got bundled and are still lost forever in some rotting securities package along with a few good mortgages.

I loved that interview. Barney Fwank refused to admit any wrong doing.

I believe him. As much as his statement that because he's not an outdoorsman he doesn't know what pot looks like....even though a couple of years ago he was present when his boyfriend got busted for cultivating wacky-tobacky.

 

[MaggieMae]

I agree with you but I think the Couric interview was a bad interview for her no matter how you chalk it up but what people don't know is that the two had a nasty fight over abortion before the interview so how can any person be interviewed under that situation?

Ooooh, an insider. Do I know you?

Its always amazes me how little liberals actually know...

There is documentary going around talking about it.

Thanks. I'll look for it. I love documentaries. You should watch more of them, especially this one:

House of Cards, Global Economic Collapse, Mortgage Brokers, Investment Bankers, Financial Crisis, Greenspan, Business, Refinance, Credit and Housing Crisis - CNBC.com

 

[LibocalypseNow]

Yes PDS (Palin Derangement Syndrome) might be surpassing BDS (Bush Derangement Syndrome) in its bizarre & obsessive lunacy. The Hopey Changeys are starting to lose it at this point. Their guy really has screwed things up pretty badly. The awful damage done by their guy will be payed for by several generations to come. Massive Corporate Bailouts + Stimulus = More Massive Spending,More Massive Debt,and More Massive Unemployment. The only ones benefiting from this President's astounding incompetence are the corrupt corporate fat cats on Wall Street. Main Street Americans have only seen more misery. So now Palin is the Hopey Changeys' new Boogeyman i guess. I think most people are catching on to the Hopey Changeys and their ignorance though. Less & less people are buying their B.S. at this point. Go Palin!

 

[MaggieMae]

The Republicans controlled both houses of Congress from 2002 to 2006 and made no real effort to regulate the loan industry.

In fact they ENHANCED the Clinton program to make mortgage lending to minorities even easier, by promoting and advocating no money down and relaxing loan approvals based on income and apart from conventional mortgage formulas. It was THOSE mortgages that got bundled and are still lost forever in some rotting securities package along with a few good mortgages.

Thanks for telling us who thought of this idea but can you name me the bill that did this or did you make it up?

Even if they did they probably did it because of pressure from the RINO republicans that were in power at the time and the democrats. They all lost their jobs and so will the other people in 2010.

Happy to oblige:

Expanding Home Ownership

"This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."

- President George W. Bush, December 16, 2003

Increasing Homeownership

The US homeownership rate reached a record 69.2 percent in the second quarter of 2004. The number of homeowners in the United States reached 73.4 million, the most ever. And for the first time, the majority of minority Americans own their own homes.

The President set a goal to increase the number of minority homeowners by 5.5 million families by the end of the decade. Through his homeownership challenge, the President called on the private sector to help in this effort. More than two dozen companies and organizations have made commitments to increase minority homeownership - including pledges to provide more than $1.1 trillion in mortgage purchases for minority homebuyers this decade.

President Bush signed the $200 million-per-year American Dream Downpayment Act which will help approximately 40,000 families each year with their downpayment and closing costs.

The Administration proposed the Zero-Downpayment Initiative to allow the Federal Housing Administration to insure mortgages for first-time homebuyers without a downpayment. Projections indicate this could generate over 150,000 new homeowners in the first year alone.

President Bush proposed a new Single Family Affordable Housing Tax Credit to increase the supply of affordable homes.

The President has proposed to more than double funding for the Self-Help Homeownership Opportunity Program (SHOP), where government and non-profit organizations work closely together to increase homeownership opportunities.

The President proposed $2.7 billion in USDA home loan guarantees to support rural homeownership and $1.1 billion in direct loans for low-income borrowers unable to secure a mortgage through a conventional lender. These loans are expected to provide 42,800 homeownership opportunities to rural families across America.

Psst: They haven't "all lost their jobs..." just pretending this never happened.