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The time is now 9:51 am
You last visited
May 3, 2024, 9:41 am
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Eastern Time (GMT-5:00)
Comments
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Yep I recall
De regulation of the mortgage eligibility requirements took down the housing industry big time.
Who was hollering for this payroll tax cut to create jobs. That is going to kill any surplus the social security administration has for future retirees.
I was watching the house of representatives yesterday and there was a politician on there showing the breakdown of the surplus in unspent funds the gov't is sitting on. Something like 629 billion dollars. Yet they are hollering for more taxes on the millionaires and billionaires.
Yet I heard the president put out the word on the upcoming budget that there will be huge cuts in entitlement programs. And he said the people are not going to like it. Yep, big budget fight to make others look like asses.
Community organizer tactics in a nut shell.
# posted by kaizon7 : 1:12 PM
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Yup, the economy was down from the past administration, we were just going in to a recession. But the funny thing about recessions, is that they always come out after a short while. NOW, we've got this Jr.Senator who is president who has bailed out every TOM, DICK, & HARRY and their cohorts, and has More than doubled the deficit, spent like there no tomorrow. Has played golf while a disaster in the gulf unfolded, just to name a few, and People want to re-elect this guy?? Well, if you can HONESTLY say that you're better off today than you were (3) years ago, by all means vote for him, otherwise VOTE the PUPPET OUT, period....!
Not bad for a community organization, huh. The Republicans tried to stop it. When he did this he was a dictator.
/QA_Consumer_watchdog_Following_law_not_enough
They'll be the first ones going hungry when he finishes his plans to bring down this republic.
Useful idiots - just what Lenin called them.
But you can't tell 'em nothin'.
They know it all.
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Lets see how this CFPB turns out down the road with its massive powers.
http://www.mortgagebankers.org/files/IssueBriefs/2011CFPAIssueBrief.pdf
excerpts;
Dodd-Frank establishes the CFPB as an independent entity
within the Federal Reserve. Its appointments are not subject
to Federal Reserve review and its rulemakings are not subject
to the Federal Reserve’s or even the administration’s Office of
Management and Budget (OMB) review process
The design of
a complaint system also warrants stakeholder involvement.
Notably, to date, top appointments to the CFPB generally have
not included persons with obvious lending industry experience
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