"Bailout" Commentary on Michigan Matters by Saul Anuzis

[maccorofmichigan]

Haleluiah.

[Bbic58]

Hi Sal, :(( that you didn't become the GOP Chair. You would have made a good one. I enjoy your posts as they are lively, entertaining, and thought-provoking.

Becky

[11002021]

I NEED SOMEONE TO TALK TO

i need someone smart to keep me entertained sb

[judoyodan]

You are correct on many things. Big government, easy money, artificially low interests rates, etc.

But you lose credibility when you bring in partisan viewpoints, especially when The republicans chief advisor got more than Obama in the last 6 months($30,000 a month.)

If you want to point partisan fingers at anyone, you could start with Bush in 2001 putting pressure on the fed to lower interest rates in order to avoid an inevitable recession.

My point is that there is enough blame to go around

[groberts0429]

If Saul were to start pointing partisan fingers, he might have mentioned the 1977 Carter-era Community reinvestment act that required lenders to make high-risk loans. Clinton-era "reforms" expanded these requirements.

Obama got 49 times as much from the GSEs than McCain, and Obama is 2nd only to Dodd D-Connecticut.

When Republicans tried to call attention to the faulty accounting at FNMA that made Obama's advisor Franklin Raines rich, they were stonewalled by Congressional Democrats.