In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.

Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.

Fannie Mae officials stress that the new mortgages will be extended to all potential borrowers who can qualify for a mortgage. But they add that the move is intended in part to increase the number of minority and low income home owners who tend to have worse credit ratings than non-Hispanic whites.

http://query.nytimes.com/gst/fullpage.html...5AC0A96F958260&scp=1&sq=&st=nyt&rss

Suck it, delusional libs! ;)

so wait, we'd be in better shape if everyone who is losing their home because they cant afford to pay for it (because of high oil prices raising the price of... well everything) were homeless for the last decade?

you lost me

Ron Paul had been saying it (the eventual mortgage and economy problems) was Clinton and Greenspans fault for a while...

Bernake was no help either

I blame Bush, blame Bush for fucking everything!

i saw clinton's resonse on nightline or some show. he looked guilty as fuck.

thats nothing compared to what he looked like on "The View."

i do hate the W
but
he wouldn't have had nearly as many bad situations to make worse if clinton had not fucked up foreign relations so badly, or put such artificial and temporary "bandages" on the economic problems he faced.

Clinton is goin down in history as one of the best presidents the U.S has ever seen! Great economy, no war, etc. When the U.S Embassy was bombed in Beirut he didnt make a spectacle of it..he sent in a SEAL team at 4 in the morning n had them fucking destroy everything, and from there it was said n done.

no....clinton was a douche bag
his "great economy" was due to some temporary fixes that he and greenspan KNEW would lead to our current crisis.
plus, he caused all sorts of trouble with countries in middle east

how did he hide it?

oops...i got caught gettin head, now it "accidentally" leak into mainstream media.

oops....they found out i smoked pot.

he WANTED to get caught with things that he knew would freak out right wing media and the moral majority, so no one would question how badly he was fucking up behind the scenes.

do some research

here is a good place to start

As I write this there have been about 3100 soldiers killed in Iraq fighting for and defending this country. This is from 2003 until now. I know this because we are constantly barraged with the death toll on the news every day. Can you image fighting WWII with the coverage as it is today?

Our enemy killed about the same number of us in one day on our soil, but sadly that has been forgotton.

Here is a list of how many US soldiers were killed when Bill Clinton was in office. We didn’t get constant death tolls the way we do now, so you probably haven’t seen these numbers before.

1993-1,245

1994-1,109

1995-1,055

1996-1,008

That is a total of 4,417 military deaths during the Clinton years.

p.s. that was written in feb 07

by a 4 year comparrison, clinton sacrificed 1,417 more soldiers in 4 years than bush did in iraq

sorry 1,317

your numbers are completely off. When you come down from that PCP cloud your on we'll talk politics.

i don't drugs.
you - being a clinton supporter - probably do

my numbers we're researched.
if you think i am wrong, research and prove it!

Or if they stayed in apartments, within their means?

It's not the simplistic world you think it is: people either own a home OR are homeless forever.

Well said. His actions in Kosovo laid the seeds for current discontent, culmination in WWI-style nation-state bargaining. His inability to act decisively in the Middle East created the feeling of power that enabled many terrorist groups to act. His economic actions allowed our country to inflate the value of its currency, and that is now being corrected, with disastrous results.

I know all of our favorite musicians, actors, dancers, etc. like to get all hyped up on the FUCK BUSH bandwagon, but it's unclear what he has actually done that's all that wrong. Most of the disasters we're facing now were not initiated by him or his presidency.

I'm not sure liberalism is anything but a social statement and a political trend. After all, you're really standing out from the crowd when you agree with what they all agree with, sentiments shared between millionaires and impoverished homeless hippies alike. WTF

you definately word things better than i do, hah.
but we're basically on the same page.
good to know someone is.

Clinton is the lesser of 2 evils and Bush is goin down in history as the worst president in history.....nuff said.

ok...even if you are correct....let's pretend for a minute that you are....the lesser of two evils doesn't always mean good.

if you're in a room with a 500 pound woman with a pretty face, and an ugly titless assless skinny chick.....unless one of those two is your fetish....you're not gonna want the lesser of two evils....you want something better!!
how's that for an analogy?

the blame game does not fix the problems at hand

now that, i can agree with sir.

but i still get annoyed by clinton worship.

he is "worshipped" due to the lack turmoil during his administration. the majority of people only care about what is presently affecting them.

lack of turmoil?
no
lack of public knowledge
that's called disinformation my friend

oh....and the point of bringing him up is his "economic quick fixes" have much to do with what is presently affecting us

I'd just shove my dork down the 500 lbs broads mouth! Case closed.

hahahahahahaha
i like your answer.
but it missed the point of my analogy you whore

haha goodtimes!

No, it would be better if people who could not afford homes were not given loans in the first place.

oh you work at Dunkin Donuts and want a 500,000 dollar home so you can be the coolest person on the block? why not! you have decent credit from one credit card you opened and paid for 15 years ago!

I think a lot of us are on the same page... it's just hard to get a grasp on politics. There's a lot there to study and understand before one has the rudiments of an opinion.

I was for many years a diehard liberal, convinced it was the right way to do things, and then I asked myself:

1. Will these methods/plans accomplish our goals? If so, why haven't they so far?

2. I believe my motivation to be honest; are others around me motivated by honesty, or ego or something else?

3. How happy are the people you know who are taking on these views? How successful?

4. If none of the above suggest a positive future, cui bono from keeping us all pursuing liberalism?

My answers shocked me, so I began studying for change. I don't identify as a conservative because I think they are both impractical and not extreme enough. My political guides are Plato and Aristotle; in them I find clarity that's lacking now. Santayana is not a bad start either, nor obviously is Nietzsche.

http://www.govtrack.us/congress/bill.xpd?bill=s106-900

I hate talking about politics on here, or any situation. But Orgy you hit the nail on the head. People love to trash Bush (and deservedly so) and pretend that the Clinton era was some sort of utopian dream brought on by his brilliant leadership. The guy was a do-nothing president who wasn't good for anything but fighting congress on everything they tried to pass. This recent economy crisis didn't happen on it's own. It's been building up to this since before W ever even had a chance to screw things up.

I had to staff this 2 day lecture series on healthcare this week. I have no idea if anyone who spoke actually made a point because every five minutes they'd stop to make a George Bush joke, or go off on a tangent about how things will be perfect again once Obama is president. All I could think was: Wow, you know you're in Massachusetts when there are 200 people in a room and none of them have an original opinion on politics.

Before anyone snaps back at me I'm not in favor of either candidate, and don't plan on voting.

(Insert comment about knowing you're onto something when the Confederacy of Dunces unite against you, here.)

Rev:

Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.

i hate all these mother fuckers in washington ... if Clintons were the cause of all this why didnt the eight years of Bush identify and attack the problem ?? ... ans: because Bush was too busy getting fat on oil and ivading iraq to give a fuck
i dont claim to ANY party ... they all suck ass ... clintons and bushes ...

ps Kosovo was justified unlike iraq

lets not forget the theft of land from the serbians where we propped up a bunch of muslim traffickers in. good work clinton

Opeth rulzzz

Who had 7 years to fix what was "Clinton's fault"?

us

It's hard to tell when any given bad policy is going to blow up on us, since there are thousands. We need a renewal, probably through throwing out most laws for the last 100 years.

how do you think the albanians got the majority in kosovo? ill give you a hint, it was the same action we used as a pretext to bomb serbia

actually...if people are going to play the blame game on our failing economy, they should look back to reagan in the 80s. holy fuck that guy was absolutely insane.

but then again, i'll say it's the international bankers fault for pulling the strings, controlling interest rates, and compiling more money than any nation on the planet.

like i said bro, no one is denying that bush is an ass with little to no worth, we are just saying, in those eight years, you could not expect anyone (nevermind someone who is at fifth grade reading, spelling and vocabulary level like W) to clean up the ridiculous mess that Clinton left behind.....especially after 9/11

contirbution/escalation to the problem is that dumby W and his republican administration sat on their hands for eight years ...

we invaded iraq under false pretense

like i said dude, you're half right...

if you read all the shit in this long ass thread...you'll see my point.

Very true.

However, W did go through Yale, didn't he?

You can't do that and be completely incompetent.

Could be polycausal, couldn't it?

I'm not the world's biggest fan of capitalism.

I don't mind some mercantile economics, but once usury and mass media come into the picture... $$$crisis$$$

fair enough...

but it does baffle me how often he butchers the english language and creates words

he may have been smart enough to get through a well respected university...but either he's lost some brain cells, he lacks common sense, and/or he did so much cramming in every other course he studied, that he let basics (like communication) drift away from his brain.

come on bro that is a cop out that he couldnt figure out how to address the problem ... like clinton smoking ganja but not inhaling ... lol ... where were the rest of the bush admin. / republicans all this time? ... it human nature to blame everybody else when shit fails = last eight years

i think you missed my point completely bro.

i agree that bush was a fuckup.

but he would have had fewer problems to fix had clinton not done so much sneaky bullshit.

like i said earlier... Clinton "getting caught" smoking pot and cheating on hilldawg were just ways to distract the right-wing media....
he hit their sensitive spots with conflicts about drugs and family values so they wouldn't question what trouble he was causing with his artificial "economic repairs"

i see your point but not sure where you get the 411 ... i remember everyone celebrating Clinton when George sr's fuck show finally ended ... was this the patch you are refering to ?? ... again why couldnt W address the problems ?? ... he dropped the ball

i get my info from various sources, lots of reading and studying.
i find facts and opinions written from points of view of neutral parties, bush supporters, and clinton supporters.

i don't know why W couldn't address the problems.... i was NOT defending him.

my objective here is not to defend bush, but rather to expose clinton.

just go on google and do a little research on the things Bill Clinton fucked up.
you will see man.

i understand the economy SEEMED great when he was in office....but what he did for the economy was the equivalent of you saying to me
"Orgy, i'm gonna make you rich bro"
and then mumbling under your breath "for ten years, then you're fucked fat boy!"
then giving me a shitload of money that you know as fact will in a decade lose value so quickly that i will owe the banks money.

that's why everyone celebrated because no one knew....Clinton sucked as bad as (if not worse than) W....but he just did everything on the downlow

Its called Legacy, if dad/granddad/etc graduated there's not going to be very much put in your way. For a slightly more local example see many of the students at Harvard.

im not defending clinto but i just dont see how he is to blame for failed republican economics ?? ... the proof is in the pudding

it's not that he is "to blame for republican economics"
it's the fact that the things he did to "make the economy better" were quite temporary and artificial, and he KNEW they would lead to an unavoidable economic crash.

he, and greenspan are to blame...
if you want to understand how, just research it, because there is nothing else i can tell you that has not already been told in this thread

http://www.rotten.com/library/bio/presidents/george-w-bush/

I think that says most of it. He's pandering to the people.

And let me say this:

If I corrected every grammatical mistake and logical fallacy I saw on this or any other forum, I'd be one really unpopular person.

We all like someone we see as being like ourselves.

oh, i know i am awful with grammar, punctuation, etc.

but i'm not the president bro.

hey bro i'm just looking for the overwhelming proof you have that Clinton is to blame for todays economic failure ...

it was the Bush administration's responsibilty to identify and fix the problems at hand but they agreed with and bought into Clinton's policies ... under W defense spending became numero uno ... fuck the economy ... ultimately its Bush's monster

I am not speaking of anyone in particular -- I think people would be surprised how many of the people who seem to have it together in fact are awash in errors ;)

how long til this thread is attacked by spam bots?

go to google video or youtube, and watch every available video they have with ron paul speaking about the federal reserve and arguing with ben bernake.

you will get all the info you need about how clinton, greenspan and bernake screwed up the economy.

for bush to fix it was somewhere near impossible. first of all, he is a fuck up, and second of all, it was too much. expecting bush to clean up these messes.....it's like handing a retard a swiffer and telling him he has to clean michael jacksons ranch with it.

just go watch some of those videos, you still think i'm wrong after that, i will agree to disagree, knowing that one of us is wrong and both of us are stubborn.

That's not a nice way to refer to people in the grips of liberal disinformation. They're human too.

-l- hahahaha!!!

the only thing i am disagreeing with you on is that Bush / administration couldnt fix it ... thats a republican cop out

but i am not a right winger.
and i am no a bush fan.

i don't think it's a copout at all.

like i said, i think you need to research the situation to understand exactly how far gone things are, and how this was set in motion, to understand that - no matter who was in office - the president could not fix it.

Yeah.

I mean, you inherit a presidency -- if you try to undo everything your predecessor did, you'll never get anything done AND you will have Congress in arms against you.

So you try to pick what will blow up first and fix that.

Why write here when you can make a change and be on a board or something?

Orgy ... for the record i am a fan of Ronnie P ... have been for sometime ... i wish his name was on a ballot next month ...

... ok let me try this ... i am looking for YOUR opinion on why Clinton is to blame ... again i dont support any of these turds ...

Ron Paul is the man.
you know you can write him in bro. -l-

anyways bro, it's not my opinion, it's what my research has shown me.
Clinton did his best to avoid trouble in the middle east, but some leaders over there took his complete lack of communication as ignorance.... and when he did speak to them, he somehow managed to upset them.
he did alot to fuck up relations with middle eastern nations (which helped build up to 9/11, which built up to the war, which led to wayy to much money being spent on causing trouble in iraq, which led to economic trouble.)

that's first problem (there is more detail to the whole "trouble bill caused over there" situation....but i don't have the time or patience to go through it all)

the second is, he artificially inflated the value of the dollar, by artificially lowering interest rates in national banks and the federal reserve (i may be explaining this wrong....conservationist? help me if i fuck up my wording here)...which leads to unavoidable economic inflation, and a weak dollar.

no one could have fixed this

That's the gist of it, I think. He lowered interest rates and raised socialized costs, which had the effect of sort of squirting business forward between two obstacles, but created an overvalued economy.

Then he totally ignored how the dot-com boom was inflating that further.

Here's a solid article:



I like it because it contrasts the difference between conservative and liberal economic policies.

I am voting for Ron Paul, but am convinced that libertarianism like socialism needs moderation or it becomes an insane religion.

i agree....but i view ron paul as the definitive defender of the constitution and what republicans were always supposed to be rather than libertarian.....even though alot of his supporters are very libertarian.

anyway,
thank you for clarifying (aka translating from my retard speak to a more intelligently worded explaination)