The one true statement at last night's GOP convention:

[Headholio]

clinton is at least partially responsible for...

corporate malfeasance (didn't spend enough on oversight)

Don't get where you are going with that one

the crash of the housing market (no-doc loans)

The housing market crashed, what 7 years after Clinton was gone? You guys can really really reach sometimes to protect the beloved Bush.
Although I admit bank oversight has been lacking and too low of a priority by both parties, at least some dems understand the need for it, while Repubs think giving banksters free reign is what is best (!?)

the war in the middle east (didn't spend enough on military and intgelligence and ignored warnings, but did fire a few tomahawks into the hornet's nest to get shit stirred up)

So Clinton increased the debt by NOT starting a war? Have you seen the price of wars lately?
It sounds like Romney is ready to kill people in Iran. Lets see how that helps the debt if he ever gets the chance to start that war.
The talking point doesn't fly anyway. Bush got the intelligence on Bin Laden and ignored it. Then he dismantled the CIA group working on Bin Laden.
And you can't blame Clinton for Iraq because we never needed to go to Iraq. That was Bush's blunder alone. I couldn't even imagine any other President in that position making such a stupid decision.

 

[digimon7068]

clinton is at least partially responsible for...

corporate malfeasance (didn't spend enough on oversight){/quote]
Don't get where you are going with that one



The housing market crashed, what 7 years after Clinton was gone? You guys can really really reach sometimes to protect the beloved Bush.
Although I admit bank oversight has been lacking and too low of a priority by both parties, at least some dems understand the need for it, while Repubs think giving banksters free reign is what is best (!?)



So Clinton increased the debt by NOT starting a war? Have you seen the price of wars lately?
It sounds like Romney is ready to kill people in Iran. Lets see how that helps the debt if he ever gets the chance to start that war.
The talking point doesn't fly anyway. Bush got the intelligence on Bin Laden and ignored it. Then he dismantled the CIA group working on Bin Laden.
And you can't blame Clinton for Iraq because we never needed to go to Iraq. That was Bush's blunder alone. I couldn't even imagine any other President in that position making such a stupid decision.

no-doc loans were the catalyst that caused the housing market to sprial upward, out of control, to unsustainable heights...and then the market crashed...because people were paying too much for houses and because people that couldn't afford a house were given loans with NO DOCUMENTATION...the no-doc loan was a product of the clinton administration...check me...i'm right.

and for the record?? i think both parties suck cock. i bow to neither. how 'bout you??

 

[smurf2]

and for the record?? i think both parties suck cock. i bow to neither. how 'bout you??

right on brotha

 

[billfred]

right on brotha

He would bow to your titties, lets get that record straight.

 

[nanroast]

I agree. I disagree with both parties. That said, voting for some 3rd party is useless. Therefore I'm going to determine my vote based on whomever irritates me the most on Facebook with their bullshit posts and personally cancel that persons vote by voting opposite.

 

[75th]

This article should be required reading: The Five Reasons Why Romney/Ryan Must be Defeated in 2012 ? And Why Conservatives Should Hope They Are. | Kurt Eichenwald

As a conservative, the following paragraph sums up my frustrations with the modern GOP perfectly:

Now, as I said, I have been just as likely to vote for Republicans in the past as I have been for Democrats, and just because I am focusing on the GOP doesn’t mean I couldn’t write a piece criticizing some of Obama’s policies. But that is the difference – my critique of Obama would be based on policy. I would be starting with an understanding that we begin with the same fact base, and that facts would be what drove the discussion. I would not be compelled to address fictions, lies and delusions before addressing policy differences. That is the sign of a party that wants to govern, even if I don’t always agree with the ways they want to exercise their governing authority.

 

[Mr. dB]

no-doc loans were the catalyst that caused the housing market to sprial upward, out of control, to unsustainable heights...and then the market crashed...because people were paying too much for houses and because people that couldn't afford a house were given loans with NO DOCUMENTATION...the no-doc loan was a product of the clinton administration...check me...i'm right.

So you don't think that the financial sector's trading and speculating on all those high-risk mortgages wasn't a big factor?

 

[Headholio]

So you don't think that the financial sector's trading and speculating on all those high-risk mortgages wasn't a big factor?

Hey dB your post looks like it gives me credit for Digi's comment. I don't want that!

 

[digimon7068]

So you don't think that the financial sector's trading and speculating on all those high-risk mortgages wasn't a big factor?

yeah...that was the corporate malfeasance that i referred to in my earlier post...another thing that ran amock under the clinton administration...everyone got on for the ride...then, we found out that all that prosperity that we had been enjoying was fueled by off-balance sheet-debt, or just plain falsified documents...slick willy wasn't real big on turning over rocks...unless he thought he could find a blowjob under one.

 

[Headholio]

no-doc loans were the catalyst that caused the housing market to sprial upward, out of control, to unsustainable heights...and then the market crashed...because people were paying too much for houses and because people that couldn't afford a house were given loans with NO DOCUMENTATION...the no-doc loan was a product of the clinton administration...check me...i'm right.

That's a pretty simplistic view of the housing bubble don't you think? I'd like to see a reference explaining how Clinton invented the no-doc loan.
Irresponsible lending practices were a part of the problem, for hundreds of reasons. Its almost silly to try and sum it up in a forum like this. I will say that repeal of Glass Steagal was important (Clinton signed the Republican bill). It gave to much freedom to the Banksters. The tax reform act of 1986 started the trend of people using home equity loans instead of credit cards to improve their lifestyles. It was also the Fed not overseeing banks lending practices. The fed, and the banksters, became satisfied that securitizing and repackaging mortgage debt was sufficient security for the money regardless of qualifications of the borrower.
Making home buying easier was an objective of Reagan, Clinton and Bush. The increase in demand spiked prices. The banks were irresponsible and thought they could get away with lending to everyone. Irresponsible lending (lending greater than loan to value etc) didn't really take off until 2003-2005. Blaming Clinton is not a part of the history, its part of the RNC talking points.

and for the record?? i think both parties suck cock. i bow to neither. how 'bout you??

I don't think you bow to a party, but I think your point of view is biased. I would say the same about myself. The only difference between you and me, is that you lean more to the side of evil.