Did Clinton cause todays bank problems? Recent Comments

re: Did Clinton cause todays bank problems?

2009-06-27 06:53:29

posted by: SHORTHAIRSRUS.

BDub Said:
Both parties had a big part in this problem. But of course neither will accept any blame.

Thats why it is time for a third party

re: Did Clinton cause todays bank problems?

2009-06-26 21:34:43

posted by: eyexer. they truly believe they are untouchable.

3XGutshot Said:

politicians are really pi$$ poor at foreseeing the unintended consequences of legislation or maybe they just dont care

re: Did Clinton cause todays bank problems?

2009-06-26 19:00:14

posted by: BDub. HUNTNFISHND

I would just like to point out whom controlled the Congress the last several years.

So if you want to blame the Repulican Congress, then we may as well blame the Democrats for this big mess.

Both parties had a big part in this problem. But of course neither will accept any blame.

re: Did Clinton cause todays bank problems?

2009-06-26 18:26:59

posted by: sdwxman. I agree Shorty. All these incentives can't last forever. We're just delaying reality.

SHORTHAIRSRUS Said:
Next bill on tap - 15k tax credit for anybody (not just 1st time homebuyers) to buy a home in 2010. Some think this will pass due to the rising interest mtg rates. Again another hit on true capitalism. Why should I pay for some other person to buy a home. Why keep on trying to jumpstart an economy that is so "FAKE" in the first place.

re: Did Clinton cause todays bank problems?

2009-06-26 18:06:11

posted by: eyexer. And this my friends is exactly how it happened. I was looking for that Bob and couldn't find it, thanks for posting it. All one needs to do is research this act and you will understand how this happend, that is if you can understand.

Bob kellam Said:
You need to understand where this all started

http://en.wikipedia.org/wiki/Gramm-Leach-Bliley_Act

re: Did Clinton cause todays bank problems?

2009-06-26 11:34:37

posted by: cynical.

politicians are really pi$$ poor at foreseeing the unintended consequences of legislation or maybe they just dont care

re: Did Clinton cause todays bank problems?

2009-06-26 11:30:56

posted by: SHORTHAIRSRUS. Next bill on tap - 15k tax credit for anybody (not just 1st time homebuyers) to buy a home in 2010. Some think this will pass due to the rising interest mtg rates. Again another hit on true capitalism. Why should I pay for some other person to buy a home. Why keep on trying to jumpstart an economy that is so "FAKE" in the first place.

re: Did Clinton cause todays bank problems?

2009-06-26 11:28:07

posted by: SHORTHAIRSRUS. The biggest mistake of all is having a federal reserve, second Reagan hiring Greenspan to run it. The republicans and dems have both eroded capitilism. So called deregulation is slanted.

re: Did Clinton cause todays bank problems?

2009-06-26 10:58:21

posted by: hogger. Thank you Bill Kellam.So tired of listening to people who have their heads buried in the sand.Hogger

re: Did Clinton cause todays bank problems?

2009-06-26 10:03:05

posted by: Bob kellam. You need to understand where this all started

http://en.wikipedia.org/wiki/Gramm-Leach-Bliley_Act