Fair analysis of the debt crisis

Looks like we both had the same idea at the exact same time!

(although mine is not from a GOP web site)

Didn't you think it was pretty fair though?

coalmeister wrote:Didn't you think it was pretty fair though?

Didn't have time to read it but just saw a quick mention of Clinton (8 years ago!) that made me think it was going to be just GOP finger pointing. (i'll read it when I come back from the gym)

Fair assessment, that would mean you would have all facts and not bold face lies and hidden agendas as Paulson and Bernanke have given to a lame congress that have not even asked WHY. People are simply taped out, the people that could buy a house have. those that couldn't was even given loans and now there going belly up. Home values have gone down, there is a glut of homes and more coming on the market every day because of foreclosures. I believe that the bundled home loans that were actioned off just might of been sold at an elevated price because of home prices that at the beginning were climbing and now those buyers are caught holding the bag since the prices are coming down and they might be a bit ticked off and want there cash back to the tune of 700 billion. Yes I know people will loose money. I pulled my money out long ago as I hope others have. But I see that others are still listening, hope beyond hope that things will work out. People are tapped out sheesh theres no fix for that. Banks are tapped out. Everything is oversold and overpriced. Time to bite the bullet and feel the pain.

I think I'm gonna run out today & go on a shopping spree & buy all kinds of *censored* I know I can't afford, & just default on it. I guess the olde saying is so very, very true.............."Nice guys finish last"............

coalmeister wrote:Didn't you think it was pretty fair though?

Quotes from your GOP article: (my emphasis added to a few)


It was largely created out of a misguided need (mostly by Democrats) to feel as though America was actually doing something to help the poor own their own homes.

Over the last decade, Democrats like U.S. Rep. Barney Frank, D-MA, chairman of the House Financial Services Committee, and U.S. Sen. Christopher Dodd, D-CN, chairman of the Senate Banking Committee, have insisted that these ridiculous loans be made.

Former Attorney General Janet Reno, carrying out the wishes of her boss, threatened legal action against any institution that discriminated or "redlined."

And where were Newt Gingrich and the Republicans in the 1990s when Clinton and his cronies were building this house of cards?

the tax increase passed by Clinton and the Democrats who still controlled Congress during the first two years of his administration. Seniors who had saved and invested for retirement, and who made more than $34,000 ($44,000 per couple) received a tax increase under that plan.

At least try repealing the capital gains tax to see if private firms wouldn't consider buying up these companies.






Opinion & a Statement to all current Republicans who like the 2008 version of thier Republican Party.


Oh yes.....It is a fair article in the GOPUSA paper............. in the same way that Auschwitz was a fair solution to Germany's proclaimed problem with Jews!
The fact that you even perceive this piece of trash as fair just goes to show how deeply divided we are in this country. The Republicans have owned the White House for the last 8 years & controlled our Congress for 12 of the last 14 years & yet you guys are trying to sell the current crisis as being equally shared blame by all of us? The American people don't buy that BS by over a 2 to 1 margin. It wasn't Democrats who have been screaming FREE MARKET or preventing legitimate Congressional oversight for the last 8 years.........& it wasn't the Eskimos....It was you Republicans!

(I wonder what honorable men like Dwight D. Eisenhower or Barry Goldwater would think of their party if they were still alive??......I'm guessing they would be deeply ashamed.)

Stop pointing fingers, start telling the truth for a change ,start to accept some responsibility for your actions & Man Up!

Here is some truly fair analysis.

Apparently you ignored the references that Republicans are part of the problem. And his references to the "Congress" and the "Government" which I always thought referred to both parties
Why would you do that? And what parts were not true?

"Republicans and Democrats alike share the blame for this mess"
The GOP held the House and the Senate during most of Clinton's tenure. After 2000, they also held the White House. Why did this situation continue?

And where were Newt Gingrich and the Republicans in the 1990s when Clinton and his cronies were building this house of cards?

coalmeister wrote:Apparently you ignored the references that Republicans are part of the problem. And his references to the "Congress" and the "Government" which I always thought referred to both parties

Republicans are part of the problem.?? ...Yes Republicans are the 99.9% part & Democrats/Independents are the .01% part !

We simply disagree on who is to blame, but look at the polls as to who the American voter perceives as the real culprit here. In actuality, assigning blame is almost becoming a moot point anyway


I'll tell you one thing, I am almost 62 years old & have never seen our country in such deep trouble & I'm going out today & buying a few essentials: Milk, eggs, bread, more nut coal for the winter & more hollow point & FMJ 9MM ammo for my handgun & 12 gauge buckshot for my shotgun. Our paper money may not be worth a thing pretty soon, but hard Anthracite coal & firearm ammunition will undoubtedly be worth more than gold!

Lock N Load!

"Republicans are part of the problem.?? ...Yes Republicans are a 99.9% part & Democrats/Independents are .01% part"

My friend, you need to reread the FACTS and skip the partisan fluff in the article and in your head. (I am sure I have it in my head also as do we all)

The guys in charge and pushing were Barney Frank (D) and Chris Dodd (D). And homes for those that cannot afford it you must admit, dovetails nicely with the liberal plank and philosophy of wealth distribution, so even without the plainly explained FACTS, it is not a stretch to think this would be crafted by those who fall into this socialist category. And lets not forget McCain SPONSORED, what did I say? SPONSORED not just voted, a bill to try to stop it. And the rest, as they say, is history

Here's a FACT right back at you!!

John McCain has spent his entire 26 year career in Washington, fighting the very oversight & government regulations that would have prevented the mess we are in. ( John McCain quote: "I'm always in favor of less regulation." ........Now......LAST WEEK......He suddenly favors regulation!~


As far as finger pointing is concerned, we'll all find out who the American voter really blames.......... just 6 weeks from today! There are too many variables to watch the Presidential race as a determinant of blame.,(....ie race, trust, etc) but keep your eye on how many Congressional seats your GOP loses.....I think it will be a huge loss.

You can talk in generalities, but McCain tried to stop this train wreck, while your party instead, was not only driving the train, they had the doors bolted and the throttle locked!!!!

coalmeister wrote:ou can talk in generalities, but McCain tried to stop this train wreck, while your party instead, was not only driving the train, they had the doors bolted and the throttle locked!!!!

I really don't have a party but, of the 2 major parties I agree with Democratic ideals more than Republican BS.
(let's be honest with each other though....Neither major party really stands for much of anything any more. They both sold out years ago to their base for contributions.)
A smart voter has to forget the party BS & go with their gut!

As far as this: "but McCain tried to stop this train wreck"......McCain tried to stop nothing!! (he was too busy telling embellished POW stories to the people in the dining car) Let's not forget that McCain was admonished for "Poor Judgment" as part of the "Keating Five" also.....Why is the press afraid to bring that up??

But in 2005 he did sponsor a bill to stop it- Too many others had their hand in the till to get it to move