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DNC Live Commentary

Health care costs are lower before Obamacare kicks in... awesome.
 
TuffaloDeac10 said:
There's nothing in the CRA about lending to bad credit risks! And CRA-regulated institutions made only 25% of the subprime loans!
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If you haven't read The Big Short, I highly recommend it. The policies of the Clinton Administration set the table for Fannie and Freddie to buy shitty mortgages, which meant the originating banks didn't need to worry about who they lent to. And Michael Lewis is far from a conservative.

ETA: And obviously it blew up under Bush - no argument there.
 
My wife said it best. This is going to be picked apart by the fact checkniks and it is too long and rambling to be all that effective. To sum it up. My name is Bill Clinton. You all like me. Trust me on everything I'm telling you and vote for Barrack Obama.
 
wfumike02 said:
If you haven't read The Big Short, I highly recommend it. The policies of the Clinton Administration set the table for Fannie and Freddie to buy shitty mortgages, which meant the originating banks didn't need to worry about who they lent to. And Michael Lewis is far from a conservative.

ETA: And obviously it blew up under Bush - no argument there.
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It is a great book. It is a very quick and fun read.
 
DeacMan said:
My wife said it best. This is going to be picked apart by the fact checkniks and it is too long and rambling to be all that effective. To sum it up. My name is Bill Clinton. You all like me. Trust me on everything I'm telling you and vote for Barrack Obama.
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Lolz.

You, your wife, Dirk, and maybe jhmd are the only people on earth that aren't impressed with this speech.
 
DeacMan said:
My wife said it best. This is going to be picked apart by the fact checkniks and it is too long and rambling to be all that effective. To sum it up. My name is Bill Clinton. You all like me. Trust me on everything I'm telling you and vote for Barrack Obama.
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You hear what you want to hear.
 
wfumike02 said:
If you haven't read The Big Short, I highly recommend it. The policies of the Clinton Administration set the table for Fannie and Freddie to buy shitty mortgages, which meant the originating banks didn't need to worry about who they lent to. And Michael Lewis is far from a conservative.

ETA: And obviously it blew up under Bush - no argument there.
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Read it a couple weeks ago, actually. Came away feeling worst about the ratings agencies. Anyways, if your point was about Fannie and Freddie (and shadow banks) and not the CRA, then I more or less agree.
 
I don't think we'll ever see a politician with more swagger than Clinton. He had more swagger than Reagan which was pretty much impossible.
 
PhDeac said:
I don't think we'll ever see a politician with more swagger than Clinton. He had more swagger than Reagan which was pretty much impossible.
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Truman, Harry S. The buck stops here.
 
PhDeac said:
I don't think we'll ever see a politician with more swagger than Clinton. He had more swagger than Reagan which was pretty much impossible.
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Oooohhhh that would be a good debate.
 
PhDeac said:
I don't think we'll ever see a politician with more swagger than Clinton. He had more swagger than Reagan which was pretty much impossible.
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I agree. He's half bullshit, half truth but he can sell it. He's the best politician I've ever seen in my 51 years. That doesn't mean I agree with him but I admire the sell.
 
I guess Edith Byrd will be regretting that MSNBC showed her waving her Medicare card and her social security number to the nation.
 
Speaking of subprime, the comment about "people are practically paying us to borrow" made me cringe.
 
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