Poll: Whose economic vision is better for America?
-
Thu Jun 14, 2012 7:42 PM EDT
— Filed under: poll
You're in Easy Mode. If you prefer, you can use XHTML Mode instead. You're in XHTML Mode. If you prefer, you can use Easy Mode instead. (XHTML tags allowed - a,b,blockquote,br,code,dd,dl,dt,del,em,h2,h3,h4,i,ins,li,ol,p,pre,q,strong,ul) |
Come on my Brother, President Obama saved this Country from the brink of distruction and I know in my heart that the President's vision and the Democratic vision will produce a stronger America. By the way, you have done a create job siting in for Big Ed. Stay strong my Brother and God Bless
Gov. Romney needed huge U.S. Gov't. Pension Guarentee Trusts to bail out all the workers he destroyed with Bain (really Pain Capitol), he needed hundreds of millions of U.S. Gov't. money for the Salt lake City olympics, which saddled Utah with huge debt, and as Gov. he needed hundreds of millions of U.SW. Gov't. money to replace all the firefighters, police, and teachers he fired.
The man was a bully since Cranbrook, and still is. He lived a sheltered life and got away with it.
12 Key Policy Decisions Led to Cataclysm
Financial deregulation led directly
to the current economic meltdown. For the
last three decades, government
regulators, Congress and the executive branch, on
a bipartisan basis,
steadily eroded the regulatory system that restrained the
financial sector
from acting on its own worst tendencies. "Sold Out" details a
dozen key
steps to financial meltdown, revealing how industry pressure led to
these
deregulatory moves and their consequences:
1. 1. In 1999, Congress repealed the Glass-Steagall Act, which had prohibited
the merger of
commercial banking and investment banking.
2. Regulatory rules permitted
off-balance sheet accounting -- tricks that
enabled banks to hide their
liabilities.
3. The Clinton administration blocked the Commodity Futures Trading Commission
from regulating financial derivatives -- which became the
basis for massive
speculation.
4. Congress in 2000 prohibited
regulation of financial derivatives when it
passed the Commodity Futures
Modernization Act.
5. The Securities and Exchange Commission in 2004
adopted a voluntary
regulation scheme for investment banks that enabled them
to incur much higher
levels of debt.
6. Rules adopted by global
regulators at the behest of the financial industry
would enable commercial
banks to determine their own capital reserve
requirements, based on their
internal "risk-assessment models."
7. Federal regulators refused to block
widespread predatory lending practices
earlier in this decade, failing to
either issue appropriate regulations or even
enforce existing ones.
8. Federal bank regulators claimed the power to supersede state consumer
protection laws that could have diminished predatory lending and other
abusive
practices.
9. Federal rules prevent victims of abusive loans
from suing firms that bought
their loans from the banks that issued the
original loan.
10. Fannie Mae and Freddie Mac expanded beyond their
traditional scope of
business and entered the subprime market, ultimately
costing taxpayers hundreds
of billions of dollars.
11. The abandonment of antitrust and related regulatory principles enabled the
creation of too-big-to-fail megabanks, which engaged in much riskier
practices
than smaller banks.
12. Beset by conflicts of interest,
private credit rating companies incorrectly
assessed the quality of
mortgage-backed securities; a 2006 law handcuffed the
SEC from properly
regulating the firms.
well said and very accurate- but this not all just a federal government issue- a lot of mortgages were originated by mortgage brokers- which traditionally are governed and regulated if at all be the states-
And through it all the SEC sat in their downtown luxury suites and watched porn on the taxpayers dime. Even when told they are cooking the books they would rather watch paris hilton reruns than bother going after there after hours cocktail friends.
Just like the savings and loan bailouts, congress used the crises to steal money to give to their friends.
Ordinary guy-6154255
the stimulus package has not produced job growth as predicted at 5% it is still at
8 %
Can you say F-I-L-I-B-U-S-T-E-R?
it was never predicted at 5% and it produced 4 million jobs, we just needed a bigger stimulus.
Dawn: It was about half of what the president wanted if I recall. These people( can I really call them that) have insulted the office and have blocked everything to make the president look bad. OBAMA better stop with the Mr. Nice Guy $h!t and kick some ass. The President is so much like Clark Kent kind and courteous, but he has to stop acting like he's got Kryptonite in his shorts!
half of american is stupid (sorry folks) - and they are not voting for romney because of anything other than he's their guy and they'll vote for him no matter what his policies are and what lies he tell - the other one percent who are basically independent are also divided - half lean repub and half lean dem - so it's all about who gets the vote out - come on young people, women, black, hispanics and gays - do something good for yourselves, vote for sanity which is President Obama!
Of course, President Obama's is better. I'm so sick and tired of Boehner, Cantor, Ryan and Romney always saying where are the jobs. Well if the Republicans would get off their asses and get the president's jobs bill passed, we would have more jobs created. But of course that would make the president look good and the Republicans could never make Obama look good. Wouldn't that be awful??? Why don't the Republicans think about the American people for once instead of their own hide????
The House is paid to work. So House, get off your asses and work to put people to work !!
The U.S. House of Representatives: Stop Blocking the President's Jobs Plan - Sign the Petition!
They cant - they are on another vacation - this one is 5-weeks !!! and when they come back they will hold the country hostage Again and threaten to shut down the government Again !!! just wait and see !!! mark my word !!! It really Wont be any big surprise !!!
MD/MI - Have you ever noticed how the republicans keep threatening to shut down the government when things don't go their way ? They are nothing but a bunch of CRY BABIES when things don't go their way ( BOO F***ING HOO ).
President Obama's vision for America is more efficient than Romney. The president has laid a detail vision that make sense and shows results than failure. Obama explain in details, step by step, outline each issue to where words and action do make a difference. I see a succes in this country and I'm voting for Obama.
Romney targets too much on Obama's failures, which it has been success. Romney targets on middle class where he has insults the misery of the survival. This man, Willard, has never been in a middle class status, nor been poor, cannot say words that hurt instead of heal. Willard has been on a course to lie, lie, lie too much on issue, which he has not done his research that he keeps getting a pie in the face.
Willard thinks that President Regan has the philosophy in getting the country in the right course. Well, Regan has raise taxes ten times, went through a depression, and he was the first president who left the office with a trillion debt, not Junior Bush. Junior Bushis the second president whose debt was much higher than Regan. Willard has been brought and paid by the millionaries and Wall Street to give them pardon, once Willard is in office.....NOT!!
President Obama is the man who has the dedication, passion, and committment to help all Americans, whether you like him or not.
http://act.americanrightsatwork.org/p/dia/action/public/index.sjs?action_KEY=3032
Petition/End lockout of American Crystal Sugar Workers!
http://crystalgreed.com/journeyforjustice/?tag=moorhead
Mitt reminds me of the wild west travaling snake old salesman
Romney has the look of a Shyster.
Reminds me of a used car salesman.
Ha haaa - Yes - Trust Him !? he he he !!
lol.
why Isnt they talking about a mormon who probably have another wife in all his kids are in there 30000000000s. Come on he seems to be a womanizner who is a robbin barren who have taken from the poor and got rich off the poor and lets not mention his daddy right from the planation days take all the benefits programs from the poor and force them back into slavery bring on the ships from africa it is obvious this country is still racisttttt they dont want to take orders from a black man who has work hard and played by the boooooooook or there game.Am tired of hearing about this economy obama can not make theses company hirer anybody.And somebody need to answer to what happen to the money or simulates money the bush got nobody now where that money went. And let not forget the oil clean spill was that not plannnnns, was the war plans alllllll lies this country is crooked from the politicans to priests on down. And congress went to work 9 days in may and got paided for it,they have pass less laws in over 100 years I wonder why.People are looking for jobs while congress have a job but dont go to work and getting paided maybe somebody ought to lay them off. Im voting for obamaaaaaaaaa
We miss you Big Eddie I hope you are catching the big ones! If you need any bait fish there is plenty in DC! Buckets of chum!
Hi xxx!
Let's be the bullies and steal the trolls' bait !!
Maybe not....Koch-suckers might poison the fish.
We have to stop meeting like this....on the back pages!
If Romney is elected, there will be a new dog on the roof, called "Pluto", This new dog is shameless and will destroy our democracy, as we know it.
If Romney wins the first thing he will do is tip-toe into the Etch-A-Sketch X-press and go to Disneyland and pick up Pluto! And than destroy Future World! And than steal all the treasure from the Pirates of the Caribbean!
There is so much discussion about how Americans are suffering. An 8.2% unemployment rate must take into account various factors: 1) People are not trained, college educated or technologically experienced. Unemployment for college graduates is 2%. We need to place emphasis on education whether a certificate, or college. President Obama has emphasized educating our society to compete with Asia, India and etc.
Another part of the 8% of unemployed is the increase in the prison population which is mostly Black Males. We should re-institute educating inmates, GED's and College Degrees and other skill trades training. Yes, some Americans are suffering but the majority of us are meeting are daily needs of shelter, food and clothing. Finally, Americans need to learn how to budget our finances without the Gucci bags, expensive jewelry, big houses and cars, and live within our means. Greed in America has and will continue to cause the fall of America. In essence I support President Obama in his plan(s) of Yes we can move forward.
willard == dubya on steroids
willard'll make sure we have a depression!
Romney is hiring Bush operatives to ensure his vision is backwards to more trickle-down economics. This includes more deregulation of industry in order to further boost the profits of the elite. Small businesses have never received the attention of Repulicans. They claim to be for small business, but S Corporations are the ones getting all their time.
President Obama should keep pushing for his policies while running ads of Republicans stopping all progress. Send him a Congress willing to work and we will put America back to work.
Don't let money buy this election. Get out and vote and make sure everyone you know understands that our lives are at stake. Vote straight Democrat in every race, state and federal and then we will keep the Dems on their toes.
If Repubs get in and take over the Senate and House, we are doomed as a country. Americans will zoom into poverty and the middle class will be a memory. We will never rise again. VOTE every time!!!! We are talking about the destruction of the American civilization. The middle class IS America--99%. Don't let it die.
Just have reid filibuster any bill that isn't paid for. That will stop them.
Why do you have to wait till after the election, put the heat on reid now, he hasn't passed a budget out of the senate since a black man took charge.
slack:
A Senate *Majority* leader filibustering a bill? Do you know what you're talking about ever?
I'm glad he's on their side. LOL! And is living proof we need teachers!
JEEZ, I just heard Henry Hill has died, RIP paisan, ya ****’n rat (sorry, lol)
They say Mitt Romney learned how to be a Vulture Capitalist watching the scene in “Goodfellas” where the hoods takeover the chump’s restaurant. Voting for Romney is a vote for fascism. “…more appropriately called Corporatism…” or will he make the trains run on time? (lol)
HEY, I heard George W. Bush’s favorite movie is “Goodfellas”, lol. I wonder who killed more people and stole more money, the Mafia since 1932 or the Bush Crime Family since 1988. I know, I KNOW… it’s just a coincidence every time a Bush is in the White House Americans have to suffer through a banking,/financial crisis/scandal, suckers
Italian-Americans got a saying about Rudy Giuliani, “Rudy got rid of the Mafia in NYC and then the US Government took over organized crime”. (LOL)
I know, I KNOW, it’s just another coincidence a new smokable form of heroin showed up in inner city America not long after Bush/Cheney/Rumsfeld invaded Afghanistan. The same thing happened during Reagan/bush with crack cocaine & Iran/Contra… strange, right? Rumors since tell how the GOP learned to launder cocaine profits through their campaign contributions.
Talking about an evil mob, the Republican Corporate Ho Party turned us all into the United Suckers of America.
Managia la America, spoact.blogspot.com
How did all that law enforcement miss the Corporate Crime Wave that occurred during Bush/Cheney? Waste, fraud, abuse of power and corruption on a scale not seen since the Robber Barron Era. THE GREATEST LOOTING OF A NATION’S WEALTH/RESOURCES IN THE HISTORY OF MANKIND and I didn’t see one Wall St. derivatives manager get clubbed or pepper sprayed. Somebody is taking kickbacks
It used to be called bribery, collusion and all those crimes covered by the RICO Act. How come they can get away with a white bred corporate crime wave of epic proportions but our jails are filled by pot smokers and Italian-Americans? WHY IS THAT, ya racists? These Wall Street guys ruined our economy with their reckless policies and deregulation, so why aren’t the American PEOPLE standing up to them? WHY AREN’T THE FED’S PROSECUTING?
The Wise Guys would’a loved the suckers of the Right-wing because the hypocrites are thick as thieves. Open your eyes and look at the Bush/Cheney catastrophe… The rich guys spit in American faces, pulled down Americans pants, f***ed Americans in the @$$ for 8 years and stole your wallet before they left in 2008. Any American citizen with half a brain is VERY angry, demanding accountability but Republicans don’t see it that way. They liked the violations so much they want MORE! No wonder they vote for all those candidates with that certain boyish good looks (Rubio, Brown, Ryan, etc.)
GOP -Gay Old Party, lol…I heard the Minneapolis airport men’s room was the most popular hangout during the 2008 Republican National Convention, lol.
NOTE: HA! Did you see the way Republicans resembled smitten school girls talking to Jamie Dimon at the banking hearings? It was almost as bad as all the Bush kissing and hand holding every time the Saudi Royals came to the Crawford, TX ranch.
Very colorful and sad but true..
ohhhh noooo!!! not glenn beck. i thought he was deceased from t.v.
Wait until the campaign really start to heat up, all of the republican/tea-party vermin will come slithering out from their hiding place.
Have anyone heard an economic plan from Mitt Romney? All I've heard him do was attack President Obama. But how will he create jobs? The way he created them when he was at Bain, oh I forgot he didn't create jobs at Bain, he fired people so he could make money for himself and rich investors. Maybe when he was Governor of Massachussetts., oh I forgot, Massachussetts was 47th out of 50 states in jobs creation when Mitt was Governor. I guess Mitt economic plan is G.W. Bush plan on steroids. OBAMA/BIDEN 2012