Thread: Political signs
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HeyBub[_3_] HeyBub[_3_] is offline
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Default Political signs

Bob F wrote:
I think we're seeing it already as the investor class computes the
future of a probable Obama administration.


Amazing. It is all because Obama is getting elected, not because of
the obcene rupublican policies and lack of regulation that collapsed
the economy? It is crazy the way republicans can blame anythig that
happens on the democrats. It seems like republicans can make no
mistakes at all. LOL!


Let's get up-to-date, Slick. It was the PRESENCE of regulations that caused
the current collapse. Specifically the Community Redevelopment Act
"enhancements" in 1995 that mandated banks provide low (or no) interest
loans to people who were simply unqualified.

The Republicans have tried, most recently in 2005, to impose oversight on
Mae and Mac but were rebuffed by the Democrats. Actually, John McCain was a
co-sponsor of the the '95 bill to scrutinize both Mae & Mac.

To paraphrase Al Gore, "Everything that should not be regulated was, and
everything that was not regulated should have been."