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Old 10-08-2008   #1
sbark
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Default Mad Money Jim Cramer Points fingers at Dems...

http://hotair.com/archives/2008/10/07/jim-cramer-hey-you-know-whos-really-to-blame-for-the-mortgage-mess/

at the 3:00 minute mark

This meltdown is not the Bush Admin fault, as much as I'd like to blame it on them, it is the Dem's fault

i hope he is not this late in his stock piks.......everyone else knew this 10 days ago........
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Old 10-08-2008   #2
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I heard what he said...it will not get picked up by the MSM....it don't fit their template of who is at fault.
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Old 10-08-2008   #3
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When I hear a person claim it is one parties fault...I just have to roll my eyes.

Everyone from the President on down to john q public taking out loans he knows he has no reasonable way to pay off in his life time are to blame.


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Old 10-08-2008   #4
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Quote:
Originally Posted by BrAinPaiNt View Post
When I hear a person claim it is one parties fault...I just have to roll my eyes.

Everyone from the President on down to john q public taking out loans he knows he has no reasonable way to pay off in his life time are to blame.
I agree. It does aggravate me when Obama and other dems say this mess is because of 8 years of Bush, they use this motto constantly and the reality is the Dems and their control over the house and senate played just as big of a role. The President can't do anything without the Congress and the Senate
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Old 10-08-2008   #5
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Originally Posted by Doomsday101 View Post
I agree. It does aggravate me when Obama and other dems say this mess is because of 8 years of Bush, they use this motto constantly and the reality is the Dems and their control over the house and senate played just as big of a role. The President can't do anything without the Congress and the Senate
I actually agree, which might shock some people .

I realize it is a political campaign strategy, like the negative strategy the McCain camp is starting up.

So I get the reason why they keep harping on it....and I am a big fan of bashing bush

But in this case they all have their share of blame to go around.


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Old 10-10-2008   #6
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A friend of mine brought these points to my attention

1. over 5 million ILLEGAL's got home loans. That is a fact

2. Republicans tried to stop these practices 12 times, but Democrats blocked it...another fact (perhaps that explains why Democrats, including OBama and Todd, received the most money from Freddie and Fannie)

3. When the Republicans tried to stop this, the Dems often played the "race" card. Barney Frank has played the race card involving this issue as recently as last week.

this PC crap has got to stop. It is not healthy.
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Old 10-10-2008   #7
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Originally Posted by ZB9 View Post
A friend of mine brought these points to my attention

1. over 5 million ILLEGAL's got home loans. That is a fact

2. Republicans tried to stop these practices 12 times, but Democrats blocked it...another fact (perhaps that explains why Democrats, including OBama and Todd, received the most money from Freddie and Fannie)

3. When the Republicans tried to stop this, the Dems often played the "race" card. Barney Frank has played the race card involving this issue as recently as last week.

this PC crap has got to stop. It is not healthy.
This is correct. Crap can cause septic shock which is not healthy.

.


.


.




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Old 10-10-2008   #8
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Barack Obama sued Citibank (in 1996 I believe) to force them to give loans to those without a prayer of repaying it. He is directly responsible for a large portion of this mess. It was not a friend of his or his advisors. He was the lawyer that sued Citibank to force these bad loans. No way to spin that, but some will try.
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Old 10-10-2008   #9
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Quote:
Originally Posted by ZB9 View Post
A friend of mine brought these points to my attention

1. over 5 million ILLEGAL's got home loans. That is a fact

2. Republicans tried to stop these practices 12 times, but Democrats blocked it...another fact (perhaps that explains why Democrats, including OBama and Todd, received the most money from Freddie and Fannie)

3. When the Republicans tried to stop this, the Dems often played the "race" card. Barney Frank has played the race card involving this issue as recently as last week.

this PC crap has got to stop. It is not healthy.

Actually, everything listed here is correct. Unfortunatly, not everything that played a role in this thing is in the list. There is responsability enough for all to go around. I happen to believe that the majority of the responsability should rest with the Democratic party but, I am a Conservative so this my shade my view of things a bit.

I believe that this thing is going to get bad boys. It aint gonna matter who did what soon because we all know who's going to suffer the consequences. When that happens, we are all going to have to stick together. That sucks but there it is.
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Old 10-10-2008   #10
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Quote:
Originally Posted by ABQCOWBOY View Post
Actually, everything listed here is correct. Unfortunatly, not everything that played a role in this thing is in the list. There is responsability enough for all to go around. I happen to believe that the majority of the responsability should rest with the Democratic party but, I am a Conservative so this my shade my view of things a bit.

I believe that this thing is going to get bad boys. It aint gonna matter who did what soon because we all know who's going to suffer the consequences. When that happens, we are all going to have to stick together. That sucks but there it is.
yes very good post imo. I agree
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Old 10-10-2008   #11
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some comedy is needed, even in serious times.

anyone see this skit on SNL last week?...Hilarious no matter what side of the street your on. SNL hasnt been this funny in a while.

http://www.nbc.com/Saturday_Night_Li...ailout/727521/
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Old 10-10-2008   #12
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Quote:
Originally Posted by BrAinPaiNt View Post
When I hear a person claim it is one parties fault...I just have to roll my eyes.

Everyone from the President on down to john q public taking out loans he knows he has no reasonable way to pay off in his life time are to blame.
Wrong.
I know you are smarter than that.
Do not blame the people on that one.
As you know,this world is full of con men and idiots.
They just walked thru the doors ACORN,CRA,and other crooks opened for them.All the banks did was give out the loans they were forced into giving.Then Fannie and Freddie guaranteed them and started handing out bonuses to its executives based solely on projections(or illusions if you asked me).
FACT ALERT:democrats blocked every attempt by the other party for an investigation.Bill Clinton admitted to it.
When the stuff hit the fan F&F ran out of money and could not pay the banks back the guarantees they made.
A foreclosure costs a bank an average $59,000.Do the math.
This was no accident.Corruption did this.

If you own a bar and you post a giant "Free Beer" sign,don't blame the drunks for putting you out of business.
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Old 10-10-2008   #13
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Jim Cramer? The loudmouthed idiot form CNBC?



Carry on.
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Old 10-10-2008   #14
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Quote:
Originally Posted by Sasquatch View Post
Jim Cramer? The loudmouthed idiot form CNBC?



Carry on.
I'm surprised NBC (National Barack Channel) has not taken him out back and shot him for disloyalty to the Dems and the savior.
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Old 10-10-2008   #15
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Whatever happened to the William Buckley Jr.s of the world when conservatism was intellectually respectable, culturally refined, and not so boorish?
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