I hereby resign from the Republicrat party....
09-05-2008, 11:10 AM
#121
3.0 BAR
Join Date: Jul 2003
Posts: 6,449
Re: I hereby resign from the Republicrat party....
Originally Posted by jay
This is written really poorly and I'll give you a straighter shot in the morning. Especially if you find anything wrong with my logic behind it. I'm too tired right now to write coherently.
Also, this worked for a WHILE, the Fed then started cutting interest rates, inflation soared, speculation in the energy sector caused these prices to soar....seems like a perfect storm scenario to me, all which happened during the Bush's watch. Not saying he caused it, but in this case, can't we all agree that less gov't didnt help here?
09-05-2008, 03:21 PM
#123
3.0 BAR
Join Date: Jul 2003
Posts: 6,449
Re: I hereby resign from the Republicrat party....
Originally Posted by jay
Not really. If there was less government banks wouldn't be able to pass that kind of legislation or write clauses in that legislation to save their *** if they go under.
09-05-2008, 04:39 PM
#127
3.0 BAR
Join Date: Oct 2005
Posts: 9,282
Re: I hereby resign from the Republicrat party....
Do you want these people deciding how you spend your money? Maybe they'll decide it's not in everyones interest for you to turbo charge your car. Maybe they'll decide it's not in everyones best interest for you to own a car at all. Maybe you only really need a 1/3rd of your paycheck to live. You make a lot, you can spare some of that paycheck to me. Certainly i deserve it because I'm in more need than you are, right? So why don't you go ahead and hand that over.
09-05-2008, 05:15 PM
#128
3.0 BAR
Join Date: Aug 2004
Posts: 2,028
Re: I hereby resign from the Republicrat party....
Chris wins this discussion of why median home prices fell 40% over the last few years.
People got loans for bigger than they could afford, maxed out their credit cards, got down with loan sharks, you name it - they did it. Comes time to pay the mortgage, house gets foreclosed on. Bank in turn sells the property at a much lower price for a quick sale.
Pretty sure the president didn't have much to do with that. It's not his job to regulate that, it's the bank's job to not approve the consumer for more than he can afford, and it's the consumer's job to be financially responsible. Guess what, both the bank and the consumer failed at their jobs, and that graph reflects it.
People got loans for bigger than they could afford, maxed out their credit cards, got down with loan sharks, you name it - they did it. Comes time to pay the mortgage, house gets foreclosed on. Bank in turn sells the property at a much lower price for a quick sale.
Pretty sure the president didn't have much to do with that. It's not his job to regulate that, it's the bank's job to not approve the consumer for more than he can afford, and it's the consumer's job to be financially responsible. Guess what, both the bank and the consumer failed at their jobs, and that graph reflects it.
09-05-2008, 07:02 PM
#129
3.0 BAR
Join Date: Jul 2003
Posts: 6,449
Re: I hereby resign from the Republicrat party....
Originally Posted by random-strike
consumers
What makes it necessary for the gov't to be responsible for protecting us from terrorists, but not responsible for protecting us from those that would like to take advantage of us in other ways?
How much gov't is too much and how much is too little?
09-05-2008, 07:39 PM
#130
0.0 BAR
Join Date: Dec 2002
Posts: 0
Re: I hereby resign from the Republicrat party....
Originally Posted by xenocron
Should consumers be responsible for going after Al Queido (---- i butchered that) when they attack us then?
What makes it necessary for the gov't to be responsible for protecting us from terrorists, but not responsible for protecting us from those that would like to take advantage of us in other ways?
How much gov't is too much and how much is too little?
What makes it necessary for the gov't to be responsible for protecting us from terrorists, but not responsible for protecting us from those that would like to take advantage of us in other ways?
How much gov't is too much and how much is too little?
