Obama P&N job approval poll.

[kage69]

I can't take 99% of Obama's critics seriously, simply because they were cheerleaders for the horrible failure that was the Cheney admin and still to this day act like everything was just peachy in those days. I can't think of a president who had more sh!t dumped in his lap than Obama, and think so far he's done an admirable job addressing it and those who helped create it all.

 

[XZeroII]

I don't know yet how to rate Obama. So far he seems like an empty suit. He is just a figure-head and there are a bunch of people behind him telling him what to say. We'll see in the coming months how well he has done. Will things improve or will they get worse? Most likely things will improve. But the big question is where we go from there. As someone said earlier, he is just reinflating the bubble right now. What is he going to do to fix the underlying issues? That will be the real test.

 

[MrMatt]

Originally posted by: kage69
I can't take 99% of Obama's critics seriously, simply because they were cheerleaders for the horrible failure that was the Cheney admin and still to this day act like everything was just peachy in those days. I can't think of a president who had more sh!t dumped in his lap than Obama, and think so far he's done an admirable job addressing it and those who helped create it all.

Then listen to me. I hated Bush/Cheney. I think Obama's been almsot as bad, which I thought was nearly impossible.


Insanity: letting a financial liberal run wild and get us into this clusterfuck. Mind-boggling insanity: The U.S. electing an even bigger financial liberal to get us out of it.

 

[charrison]

Originally posted by: eskimospy

Originally posted by: charrison

Originally posted by: eskimospy

Interest rates under the fed are the same now as they were under the Bush administration, the difference is that the Bush administration had them this low in good economic times.

Fannie and Freddie were responsible for a small percentage of the subprime loans. Private banks were responsible for about 85%+ of them. Like I said, they were small parts of what happened to our economy.

Interest rates dropped down to about 1% in 2004 and then climbed back to about 5% in 2006. And as i recall the liberals we still screaming about a jobless recovery at that time, not good economic times. Interest rates now are basically and zero and the fed is handing out money like candy.

Freddi and fanny at one point held about 50% of the sub prime loans. They played a key part in generating demand for these loans.

Freddie and Fannie most certainly did not issue 50% of the subprime loans. They issued less than 20%. This is not something that can be argued. Whether or not the recovery was jobless or not, interest rates for the last several years before the economic collapse under Bush were most certainly at the same rates they are at now. They were at these rates when the administration was talking about how fabulous our economic growth was. (lies) None of this is really in dispute.

THe interest rates went back to 5% in 2006. So they have been at somewhat normal level for a couple years before now. historical data. They are lower now and the red is handing out much more money. And yes every liberal on the board was talking about a jobless recovery. I bet there is a quote of yourself saying that.

Face it, private banks destroyed the economy. Sure Fannie and Freddie played their part, but the primary culprits were on Wall Street. Nobody disputes this other than free market dead-enders.

ANd one point frredy and fannie owned 50% of the subprimes, they very much helped created the market for subprime. THe govt really helped form this bubble.

 

[Sedition]

Voted. It is tied 66 - 66. Pretty interesting.

I am pretty surprised that the board is so evenly divided. Pretty cool actually.

 

[retrospooty]

Originally posted by: Sedition
Voted. It is tied 66 - 66. Pretty interesting.

I am pretty surprised that the board is so evenly divided. Pretty cool actually.

Ya... after listening to the right wingers on this board whining how its a left wing board for a year now, even though if you look at posts there are as many right wing threads as left, if not more.

Then again, right wingers are a bit paranoiid by nature =)