GWB: The socialist liberal extraordinaire

B

Buckeye_Nut

Audioholic Field Marshall
Wow.... I think it's time for some Republican bashing, because GWB is really going down the toilet!!! I don't even know where to begin:( Firstly...... we have GWB's Illegal Alien amnesty plan. What in the heck is up with that??? Then......What's the deal with GWB getting behind socialist Medicare drug entitlements? I don't know what liberals hate him so, because he's been more effective at passing liberal agenda than the democrats since he's been in office.

Now this??
http://news.yahoo.com/s/ap/20070831/ap_on_go_pr_wh/bush_housing_slump_13;_ylt=AqWvRkB3AatqCzFaIlzXs5ME1vAI
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Bush to outline aid to mortgage holders
WASHINGTON - Offering federal aid for strapped mortgage holders, the White House outlined proposals Friday to help borrowers hard hit by credit problems and the housing slump. The initiatives, to be formally unveiled by President Bush, were intended to help homeowners with risky mortgages.
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Those who gambled with their financial future by taking variable rate mortgages made their bed, and now they need to take responsibility for their poor decisions. Hello???? Personal responsibility, anyone?? There is no housing crisis!! People made personal decisions, took on risky variable rate mortgages when interest rates were at 50 year lows, and the rates rose!!! What did borrowers expect??..... for them to stay the same???? Interest rates had nowhere to go but up!!!:rolleyes:

Seeing that GWB is now proposing one more leftist bailout program is making me throw up in my mouth a little bit. GWB has become a liberal before my very own eyes:( What's next, is he going to flip-flop and join the pro-abortion camp too?

Me??? I was one of the many millions of smart people who locked themselves into into <6% fixed rates when interest rates were at record lows:D If someone got in over their heads because they gambled with variable rates, it shouldn't be tax payers jobs to bail them out.

Hello????? Variable rate mortgages are for when interest rates are at record highs....and rates are expected to go down over time....anyone?
 
B

Buckeye_Nut

Audioholic Field Marshall
You just noticed? ;) Actually, since we're using labels, I'd say statist. All hat and no cattle.

Mort
Naw... I first noticed when he got behind the Medicare drug entitlements years ago. I was very displeased with his pro-illegal alien amnesty plan, but this mortgage bailout proposal is the straw that broke this camels back.
 
stratman

stratman

Audioholic Ninja
I tell you what's sad about the whole affair, if he goes ahead with this insanity a lot of people who were "playing" the housing market, ie investors, "flippers" will be bailed out along with the folks that just went with lousy loans, unless some clauses are added to bail out to negate such a scenario. These investors should not be protected by any future bail-out plans as crazy as they might be and to be frank lots of folks will lose their homes, but I blame that on several factors: 1. Ignorance, 2. Shady and not so shady mortgage brokers convincing these folks they could meet the financial obligation, 3. Banks that were giving away these loans as if they were free, without confirming income. Variable rate loans have been and always will be a double edge sword, they're meant for businesses/investors with cash backing in case the rates go north, which they have. We, the taxpayers, should not be liable for a person's ignorance or a bank's greediness. What the regulators should do is investigate mortgage brokers and banks to make sure they're upholding the checks and balances that were in place to make sure this wouldn't happen. I just see another bail out on the horizon and us paying the consequence.:mad:
 
M

Mort Corey

Senior Audioholic
I just see another bail out on the horizon and us paying the consequence.:mad:
Don't look now but it's already here with Bernanke (sp) adding "liquidity" (ie more funny money) and other manipulations by the Federal Reserve. While we're investigating all these other factions (banks, etal), how about investigating the policies of the Fed these last five years?.....nah, that'll never happen. Government is never the problem, only the purveyor of solutions. The Decider will have this fixed in short order anyway, so not to worry.

Mort (living in interesting times)
 
stratman

stratman

Audioholic Ninja
You know what's sad? Our country has become big business (and I my friends am a business man, so for me to say this hurts.) The person with the most money gets elected, the lobbyist with the most money behind him gets the law passed his way, this transcends both parties, people get into politics to make money (usually), what I respected about GWB in the beginning was the fact that he really didn't need the money, he was wealthy when he came into power so he shouldn't have been beholden to any particular group. But alas this isn't so. Just as I have bashed my party, I blame the left too, all their talk about social equality, social welfare is bunk, pure and simple. All the big corporation contribute to both parties to hedge their bets, either outright or through proxy. You wan't fairness: each party candidates will have 10 debates on tv (free of charge) at the start of the election year, no campaign funds, no commercials, no monetary exchange of any sort. See how fast the scenario changes, no flip-flopping, no b.s. Now, what are the odds of this happening?
 
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OttoMatic

OttoMatic

Senior Audioholic
Yep, politics won't get fixed until all the big money gets out of it. There is no concern for the future or the people, only the money.
 
M

Mort Corey

Senior Audioholic
So do you guys think that "big business", "lobbyists" etal are in effect bribing our cherished public servants or are they paying extortion?

Mort
 
stratman

stratman

Audioholic Ninja
I wouldn't call them cherished, but yes they're legally and in many cases illegally bribing the politicos.
 
M

MDS

Audioholic Spartan
You know I thought Bush was a 'compasionate conservative'; at least that is what he billed himself as.

It just goes to show what I've said time and time again. The labels 'liberal' and 'conservative' are meaningless. It's like saying the Republicans are for big business and the Democrats are for the working people. The reality, as always, is somewhere in the middle. If you align yourself with one label or the other it is no different than being a fan of one sports team vs another. True debate and proposed solutions that could benefit the masses are not a consideration - it is purely 'my team' vs yours.

I look at both parties the way the famous investor Jim Rogers once said in an interview: 'One party is borrow and spend and the other is tax and spend'. In other words, in the aggregate, both parties are worthless and the problems get worse every year.

Once we get to a crisis, like the credit mess, then there will be all kinds of band-aid fixes that will only serve to exacerbate the problems when the true 'solution' is to not get in the mess in the first place. Alas, that is not what politics is about.
 
stratman

stratman

Audioholic Ninja
You know I thought Bush was a 'compasionate conservative'; at least that is what he billed himself as.

It just goes to show what I've said time and time again. The labels 'liberal' and 'conservative' are meaningless. It's like saying the Republicans are for big business and the Democrats are for the working people. The reality, as always, is somewhere in the middle. If you align yourself with one label or the other it is no different than being a fan of one sports team vs another. True debate and proposed solutions that could benefit the masses are not a consideration - it is purely 'my team' vs yours.

I look at both parties the way the famous investor Jim Rogers once said in an interview: 'One party is borrow and spend and the other is tax and spend'. In other words, in the aggregate, both parties are worthless and the problems get worse every year.

Once we get to a crisis, like the credit mess, then there will be all kinds of band-aid fixes that will only serve to exacerbate the problems when the true 'solution' is to not get in the mess in the first place. Alas, that is not what politics is about.
Yes, it seems like politics has turned into a panacea for every mess that society immerses itself into, what ever happened to accountability and common sense?
 
T

The Dukester

Audioholic Chief
what ever happened to accountability and common sense?

They are not politically correct;):rolleyes:

How dare we offend some one by saying they are to be held accountable for their lack of common sense? I'm suing.:p
 
J

Joe Schmoe

Audioholic Ninja
The fact that GWB is Republican certainly doesn't win him any brownie points in my book, but it is not my main reason for hating him. Mostly, I despise him because he is a smug, self-satisfied @$$hole who refuses to consider advice from anyone. He is also a war criminal. His "I am better than you" grin makes me want to puke every time I see it.
 
J

Joe Schmoe

Audioholic Ninja
Quite a mild dislike then. :D
The list of his impeachable offences is a long one, but what upsets me the most is the idea that he somehow "represents" the US. I am an american, and he very definitely does not represent me.
 
stratman

stratman

Audioholic Ninja
The list of his impeachable offences is a long one, but what upsets me the most is the idea that he somehow "represents" the US. I am an american, and he very definitely does not represent me.
Yup I'm an american too and I also vote, Clinton didn't represent me either. His wife won't either. It's the only system we have for better or for worse.
 
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