Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#16
|
|||
|
|||
![]() Quote:
If Republicans go with a middle of the road vanilla candidate, they will lose. Republicans need somebody, like a Reagan to step up to the winner's circle. |
|
#17
|
|||
|
|||
![]()
Yeah, why not go with a real winning possibility like Michelle Bachmann or Pee Wee Herman?
|
#18
|
|||
|
|||
![]() Quote:
Typical Repub quotes regarding the poverty issue.... "There is no free lunch." "It isn't the government's responsibility." OK. Then who gets this going? Reduce regulations, cut taxes, sanction China on Currency, and weaken unions more to cut wages? How does that provide a pent and jelly sandwich for a 7 year old? Or pay the rent? There needs to be a demand for products and services. We need a healthy middle class. Where are the banks who made out like bandits in the and businesses investing in our country? Maybe it is weakening buying power of the shrinking middle class. Take a visit to a local food pantry or soup kitchen and see the desperation people face to pay their rent and feed their families. Go to a store where there is an opening for a low paying job and have 100's of people apply. In other words, a "compassionate conservative" stepping up isn't in the cards with this stable of candidates. Shouldn't the responsibility for the economic dilemma we face shared by both the current administration and Congress? The Party of NO who put politics ahead of our country are more concerned about pleasing big business. What would Ronald Reagan do? He would be considered too liberal for this tea party. He reached across the aisle to comprise and get bills passed. That isn't a consideration for Tea Party leaning members of Congress. |
#19
|
|||
|
|||
![]() Quote:
![]() |
#20
|
|||
|
|||
![]() Quote:
How "compassionate" was it to let Fannie Mae and Freddie Mac go on as they were, with democrats claiming there was no problem with them?!?!? New York Times New Agency Proposed to Oversee Freddie Mac and Fannie Mae By STEPHEN LABATON Published: September 11, 2003 WASHINGTON, Sept. 10 — The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago. Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac , the government-sponsored companies that are the two largest players in the mortgage lending industry. The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios. The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac — which together have issued more than $1.5 trillion in outstanding debt — is broken. A report by outside investigators in July concluded that Freddie Mac manipulated its accounting to mislead investors, and critics have said Fannie Mae does not adequately hedge against rising interest rates......... .......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. "These two entities — Fannie Mae and Freddie Mac — are not facing any kind of financial crisis," said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. "The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing." Representative Melvin L. Watt, Democrat of North Carolina, agreed......" http://www.nytimes.com/2003/09/11/bu...pagewanted=all |
|
|