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Wlakiz on 11 April 2013
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Crom said:
Dmick90 said:
Crom said:
Dmick90 said:


I love how Obama backpeddaled in the "Summer of Recovery" a few years back. 

Remember a couple of summers ago he named the summer "Summer of Recovery" Why would he name it that if he didn't think things were going to get much better? The Summer of Recovery was a huge failure. He obviosuly thought his policies would turn things around.

 

Both parties are to blame for the housing crisis but it amzing how many people give Clinton a pass.

http://www.openmarket.org/2008/09/16/clinton-pressure-to-promote-affordable-housing-led-to-mortgage-meltdown/

Also I am not seeing people mention Barney Frank (who Bush warned about the dangers of pushing loans for low income families)

https://www.youtube.com/watch?v=iW5qKYfqALE

 

And then Obama is looking to repeat the same mistakes (pushes banks to make home loans to people with weaker credit) as if he hasn't learned anything from the last time.

http://www.washingtonpost.com/business/economy/obama-administration-pushes-banks-to-make-home-loans-to-people-with-weaker-credit/2013/04/02/a8b4370c-9aef-11e2-a941-a19bce7af755_story.html

"The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit, an effort that officials say will help power the economic recovery but that skeptics say could open the door to the risky lending that caused the housing crash in the first place.

President Obama’s economic advisers and outside experts say the nation’s much-celebrated housing rebound is leaving too many people behind, including young people looking to buy their first homes and individuals with credit records weakened by the recession."

 

Insanity

When was the last time Obama has even discussed jobs? He's talked about everything but jobs and the economy. Like gun laws, gay marriage, womens rights, etc. That's all he's good for is making a speech.

Maybe he was busy talking about jobs while he was not meeting with Congress for 73 straight days (even though the deadline for the Sequester Cuts was looming)

http://news.yahoo.com/73-days-later-everything-happened-since-obama-last-191207447.html

Nah.....he was probably too busy golfing.

 

What kind of leader acts like avoiding the Sequester was so important and he didn't even meet with Congress for 73 straight days when the deadline was looming.

Amazing leadership.

People should learn the mechanism of economy before they are allow to critize policies.

You complain  that obama is doing anythign about about jobs, deficit, living cost but think for a tiny little second.

How do you suppose he can create jobs? Increase Spending?

But wait now you want him to lower deficit?  Cut Spending?

We can't do that then we won't be creating more jobs... whats plan B? Raise Taxes?

But you don't like taxes?  Plan C Raid other countries?

but oh you don't like Wars either? Plan D reduce regulations?

Now he is causing a second housing bubble.  =.=