When employment is under 5% (effectively full employment) you don't need a lot of new job creation. People weren't getting fired in record numbers.

Look, we can try to re-write history or you can just REMEMBER how well you, your friends, and family were doing compared to today.

No.
I don't remember "We" wanting anything like that.

The banks (and all the congressmen and Senators who are all corrupt) saw a way to make a shit ton of money. So they greased the palms of our politicians and got things changed.

There was no "We" to it.

I'm just shocked that not enough people put any blame at all on the politicians who made these things happen. They didn't do it because "we" asked them to. They did it because they are career politicians and the banks are just one of the ways that they line their pockets and keep power.

The only reason Obama (or ANY politician) would regulate banks is to give his own agenda priority. If he's trying to regulate banks...I would bet you anything it's to help make money for one of his OWN contributors.

Or we can all believe that Obama, or Bush before him, or ANY politician in history actually does things because they care about you and me. :1orglaugh

Fixed it for you...

Looking forward to another 4 years :thumbsup

No matter how much any of us would want it, Clinton is gone and can't be president again.

Even Clinton stood up for Mitt and the Republic party in his speech.

I'm sorry, That is pretty sad....

Bill Clinton should should apply for Canadian citizenship buy a house in Quebec, and run for any level of Government that's he's eligable for.

He can get his dick sucked anytime he wants. No-one will really care. Shit, I'll suck his dick myself.

http://24.media.tumblr.com/tumblr_m8...vo1_r2_250.gif

:thumbsup :thumbsup :thumbsup

How is Romney not a rehash of Bush?

It does matter who you vote for. True, no president is all-powerful (thankfully), but there is significant power in the bully pulpit and the power of the veto, as well as executive orders. Then there are those SCOUTS nominations....

Bush & Cheney took a strong, healthy country from Bill Clinton and after 8 years left us FUBAR. We lived it. Seems like you're the one trying to rewrite history.

http://www.nytimes.com/2009/01/24/bu.../24charts.html

Why wasn't Bush at the RNC if things were going so well then compared to today?

I'm not as good off as I was 12 years ago; but, I'm better off today than I was four years ago....and, that is proof enough for me.

Can you please tell me what it is that you like about Obama so much?

And a real reason you think Romney won't do a better job?

I heard that 18 of Romney's senior advisors are ex-Bush boys including Karl Rove.

What Robbie said is true, if the housing market didn't burst we wouldn't have a shitty economy.

So we need to look at what actually caused it. From what I read, it was Clinton who caused it. He signed something that forced banks to give loans to people who shouldn't.

Do you know how many people in 2004-2007 were buying homes and getting 40-80k from the bank to spend on Cars, Boats, Furniture, Electronics? Thousands and thousands of people did this.

How many people make enough money to support a $4k Mortgage ? Not a lot in say Stockton, Sacramento or Phoenix.

Nope...the country remained strong until the housing market collapsed in 2008 dragging down the banks.

You didn't live shit. I actually own property and know what happened because I lost a lot of money and DID live it.

Bush and Cheney didn't write the legislation that caused that. Democrats and Republicans in the House and Senate did.

Dude...do you not understand what career politicians are doing to our country?

And Obama's cabinet is filled with Goldman Sachs guys.

You know...the ones who are supposed to be in jail.

"Goldman Sachs partner Gary Gensler is Obama?s Commodity Futures Trading Commission head"

" Goldman Sachs kept White House Chief of Staff Rahm Emanuel on a $3,000 monthly retainer while he worked as Clinton?s chief fundraiser, as first reported by Washington Examiner columnist Tim Carney. The financial titans threw in another $50,000 to become the Clinton primary campaign?s top funder. Emanuel received nearly $80,000 in cash from Goldman Sachs during his four terms in Congress ? investments that have reaped untold rewards, as Emanuel assumed a leading role championing the trillion-dollar TARP banking bailout law."

"Former Goldman Sachs lobbyist Mark Patterson serves under Geithner as his top deputy and overseer of TARP bailout ? $10 billion of which went to Goldman Sachs. "

"Obama?s close hometown crony, campaign finance chief and senior adviser Penny Pritzker was head of Superior Bank of Chicago, a subprime specialist that went bust in 2001, leaving more than 1,400 people stripped of their savings after bank officials falsified profit reports. Pritzker?s lawyer at O?Melveny and Myers, Tom Donilon, is now Obama?s deputy national security adviser. He earned just shy of $4 million representing her and other high-profile meltdown clients including Goldman Sachs."

I can keep listing them...there's a whole page of this stuff. But this is GFY and you're an Obama zombie who doesn't think he does anything wrong...but reality is he's just another corrupt politician. Just like all of them.

Are you a Romney zombie?

Nope. I voted Obama in 2008. And after Clinton's speech I'm thinking about it again...

But for you and others to just flat out ignore the shit with Obama like he's Jesus or something is just ridiculous.

I just posted some info that should outrage any good liberal. But it didn't. Your only reply was to call me a "Romney Zombie". lol

I'm pretty sure that if Romney wins...it won't be from a "cult of personality" that Obama has with guys like you. Romney has no personality. :1orglaugh

But I'm waiting to see what happens in the debates. The biggest hurdle for me to vote for Obama again is I have come to the conclusion that NOBODY should get more than one term (prez, senators, or congressmen)

You have it wrong. I usually consider myself voting for the lesser evil, so to speak, than for a candidate I believe in or endorse. I'm more of an independent.

You called someone an Obama zombie, and you're inferring that I am one too. I didn't call you a Romney zombie. I ASKED you if you were, because I didn't know. I'm pretty sure there's a big difference between a question, and an accusation.

I'm more interested in why the Romney team, Fox news, etc... feel the need to lie about facts. As an independent voter, and very curious where things stand, it comes across to me like they do it because you don't really have anything valid. I was raised a Mormon, and know quite a bit about Romney and his father already.

I'm not interested in the debates, nor the conventions. I can read and research and find out where the candidates stand on issues important to me.

I love the idea of term limits too, but I'd go with two terms. I definitely feel we need to get rid of the career politicians.

What you are likely thinking about is a bill that was passed in 1977 and it worked just fine until congress/senate right at the end of Clinton's presidency passed a law that deregulated the banks. Prior to this investment banks and savings and loan banks were separate things. This bill allowed savings and loan banks to offer investment products. This also freed them up to bundle mortgages together and start selling them.

Prior to this the banks were careful about who the loaned to. They had to give some mortgages to under-qualified, but they could pick and choose those people and the number was pretty small. They choose wisely because they had to deal with the mortgages if they defaulted. With this new law they were able to make these shitty loans, then package them up and make them look nice and pretty and sell them off to other banks/investors. At this point they stopped caring about who they gave the loans to because they were going to be long gone by the time the people who got them defaulted.

They spent 5-6 years doing this and filling the banking system full of shitting mortgages. Other banks used those mortgages as the foundation upon which they built other investments so when it went bad it wasn't just one mortgage one bank, it was the entire industry that hurt and the entire housing industry and bubble that had been built on a mass selling of shitty mortgages collapsed and took with it a lot of other things.

You seemed to want a reply to this. I don't know about the rest but if we're to assume they're anything like me, they're not surprised so they aren't all that outraged. The last few Presidents and candidates like Romney also have ties to Goldman Sachs. If Romney is elected there'll probably be ex-Goldman Sachs people involved too. We don't have to like it, to acknowledge that it's likely.