szalman60

pathetic !

Floyd Brown Loc: Milwaukee WI

Are you HERE to find those that agree with you or perhaps partake of an exchange of ideas?

Did putting the word HERE in the sentence help make some sense?

Armageddun Loc: The show me state

This guy szalman is a plant or either he doesn't know how low of an opinion Obama has of Israel. He has to be Jewish with a name like that. He has more facts than a horserace bookie.

vernon

why dont you take your old communist ass out of here like you whined all day yesterday.you are a liar and to top it off your stupid.

szalman60

Its still doesn't amount to anything more than an opinion,,, from a disc jockey ????? you guys read something like that and seem to except it as truth,,, its a story and an opinion,,,, you dummies hang on to this "welfare queen" idea so dearly,,, Its terrible that some people take advantage of assistance offered by the federal govt,,,, no one would disagree with that ,,, no one ,,,, where you guys seem to miss the point is that in the grand scheme of things its much less significant then the handouts to large profitable corporations ,,, nobody is defending welfare queens,, and no body is attacking hard working individuals whether they are DR.s or mechanics,,,, the argument is why are we giving hand outs to profitable businesses for hundreds of billions (700 in the bank bailout alone) and then telling poor people no matter what their circumstances are that they can't eat,,,, the principles of hard work and to strive for a better life is admirable,,, I bet everyone on this site has a similar upbringing,,, but in the big picture it makes no sense to scrutinize the 1.6 billion and not even question the huge amounts wasted on corporate America (who will eat and quite well I should add) whether they get the subsides or not,,,, The argument is border line insanity !!!!! even if everyone on welfare is a fraud,,,, there is still no valid argument as to why we give huge amounts to people that don't need it

working class stiff Loc: N. Carolina

Huh?

szalman60

then explain why housing fell to 2000 levels ? Gringo you can say anything you want ,,, but that doesn't make it true ,,, answer the question with a logical response and I may see things your way,,, BTW I a sure you I am new to this site ,,,, not a plant,,,,, I'm not even very educated,,, I.m not a jew,,, and when was Israel brought into the discussion anyway I'm sitting hear laughing histerically at your paronoia,,, but I am flattered

emarine

http://www.factcheck.org/2008/10/who-caused-the-economic-crisis/ Faith, this may help

szalman60

actually if we are just talking about welfare fraud corporate welfare far out weighs it,,, the article I posted yesterday stated !.6 billion closely scrutinized vs. over a trillion without much oversight ,,, almost a thousand times more

szalman60

the link you provided was educational ,,,, thanks,,,, however it hardly supportive of your hardline position,,,, nor my statement,,, even the title suggests it was a combined effort >>>>> "both are wrong"<<<< ,,,,,,,,, So who is to blame? There’s plenty of blame to go around, and it doesn’t fasten only on one party or even mainly on what Washington did or didn’t do. As The Economist magazine noted recently, the problem is one of "layered irresponsibility … with hard-working homeowners and billionaire villains each playing a role." Here’s a partial list of those alleged to be at fault:
&#9726;The Federal Reserve, which slashed interest rates after the dot-com bubble burst, making credit cheap.
&#9726;Home buyers, who took advantage of easy credit to bid up the prices of homes excessively.
&#9726;Congress, which continues to support a mortgage tax deduction that gives consumers a tax incentive to buy more expensive houses.
&#9726;Real estate agents, most of whom work for the sellers rather than the buyers and who earned higher commissions from selling more expensive homes.
&#9726;The Clinton administration, which pushed for less stringent credit and downpayment requirements for working- and middle-class families.
&#9726;Mortgage brokers, who offered less-credit-worthy home buyers subprime, adjustable rate loans with low initial payments, but exploding interest rates.
&#9726;Former Federal Reserve chairman Alan Greenspan, who in 2004, near the peak of the housing bubble, encouraged Americans to take out adjustable rate mortgages.
&#9726;Wall Street firms, who paid too little attention to the quality of the risky loans that they bundled into Mortgage Backed Securities (MBS), and issued bonds using those securities as collateral.
&#9726;The Bush administration, which failed to provide needed government oversight of the increasingly dicey mortgage-backed securities market.
&#9726;An obscure accounting rule called mark-to-market, which can have the paradoxical result of making assets be worth less on paper than they are in reality during times of panic.
&#9726;Collective delusion, or a belief on the part of all parties that home prices would keep rising forever, no matter how high or how fast they had already gone up.

The U.S. economy is enormously complicated. Screwing it up takes a great deal of cooperation. Claiming that a single piece of legislation was responsible for (or could have averted) the crisis is just political grandstanding. We have no advice to offer on how best to solve the financial crisis. But these sorts of partisan caricatures can only make the task more difficult.
,,,,,,,,,

szalman60

I can't believe that you are so cavalier with the terms "cost of doing business",,,,, There is a 17 trillion dollar deficit and you hardly notice that the corporate welfare is a trillion a year,,,, if everybody is tightening their belts maybe they should give up a little too,,,,, and I still have a moral issue with giving so much to so few and then tell a lazy stupid deceptive (or however you justify yourself) you cannot eat in this very slow economy,,,,, I can't fathom the logic,,, now I should tell you here that I am a Christian,,, so maybe that's it ?????

szalman60

I like to think I'm more open minded ,,,,, The House he's working with is the least productive in history,,,, He said he would give them a chance to come up with good legislation,, so I'm a little more optimistic than you

Armageddun Loc: The show me state

,
Well at least you are beginning to have a more civil tone. No need to try to make people look or feel stupid.
Slow done and take a breath, you might find some nice people here.

szalman60

I will make myself clearer,,,, I heard the same statement about George Bush 43 ,,,, that he had accumulated more debt than all presidents before him,,,, its deceptive because if you adjust for inflation FDR spent more than anyone so far,,,, but if you just look at the numbers and add all presidents prior to their predecessor it true,,,,, and probably true for Clinton as well,,,,, but I didn't check

PoppaGringo Loc: Muslim City, Mexifornia, B.R.

What has happened to the 140 bills the House has passed and sent to the Senate? Reid refuses to acknowledge, much less bring to the floor for discussion or a vote by it's members. They have to do with employment, healthcare and spending. Obama has stated multiple times that he would NOT negotiate with the Republicans. It's either his way or no way.