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Thread: Here's the cause of the housing bubble and subsequent meltdown..

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  1. #1
    IA KING
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    ok i sat through your entire mccain supporter vid... here we go:

    bush proposal in 2003 did have opposition from:

    Among the groups denouncing the proposal today were the National Association of Home Builders and Congressional Democrats who fear that tighter regulation of the companies could sharply reduce their commitment to financing low-income and affordable housing.
    now lets think who had majority in 2003 ...

    108th Congress (2003-2005)
    Majority Party: Republican (51 seats)
    Minority Party: Democrat (48 seats)
    Other Parties: Independent (1 seat)
    Total Seats: 100
    so this was still the dems fault or lack of support even within their own party. this is why reps have lost their majority b/c they COULDN'T GET THE JOB DONE. its simple - i'm not debating it was right/wrong i'm debating you need to point the finger inward if you are reps b/c they didn't help the matter.

    and your mccain proposal http://www.govtrack.us/congress/bill.xpd?bill=s109-190 didn't even make it to debate and you are blaming that on Dems. also either this bill or another tried to do away w/ lobbying on this matter as well yet...

    But McCain's own campaign staffers are those special interests, a fact that casts doubt on both McCain's hiring judgment and his ability to pursue tough reforms of Fannie and Freddie.

    Aquiles Suarez, listed as an economic adviser to the McCain campaign in a July 2007 McCain press release, was formerly the director of government and industry relations for Fannie Mae. The Senate Lobbying Database says Suarez oversaw the lending giant's $47,510,000 lobbying campaign from 2003 to 2006.
    point fingers all you want both are at fault.

  2. #2
    Speaks the Truth 1SICKLEX's Avatar
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    Quote Originally Posted by admin
    ok i sat through your entire mccain supporter vid... here we go:

    bush proposal in 2003 did have opposition from:



    now lets think who had majority in 2003 ...



    so this was still the dems fault or lack of support even within their own party. this is why reps have lost their majority b/c they COULDN'T GET THE JOB DONE. its simple - i'm not debating it was right/wrong i'm debating you need to point the finger inward if you are reps b/c they didn't help the matter.

    and your mccain proposal http://www.govtrack.us/congress/bill.xpd?bill=s109-190 didn't even make it to debate and you are blaming that on Dems. also either this bill or another tried to do away w/ lobbying on this matter as well yet...



    point fingers all you want both are at fault.
    To sum it up, Dems can't do **** with 1 more vote. They need a 60-40 split to win.

    People saying the Dems control the house need to read up on how our system of checks and balances work.
    Vossen CV3 20x9 & 20x10.5

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