Obama Caused The Bank Meltdown

[mammyunpleasant]

How about negative zero, you douche nozzle.

[GnosticAtheist]

I'll go for zero.

[ronny2471]

And Obama wins...: )

[GnosticAtheist]

I wonder what my comment is supposed to mean... Seriously, I don't get it.

And America won last night.

[ronny2471]

republicans and deregulation caused this problem ZERO. deregulation is still a mccain policy and he's an idiot, just like all the little freemarket assholes of the last 20 years have been wrong and we got the savings and loan crash, the enron debacle, gas prices driven up by speculaters, and our entire goddamn manufacturing base shipped overseas and a decimated middle class. Obama and the democrats are the solution, zero, the problem has always been the greedy, evil, lying republucans. ZERO.

[HeroOrAZero]

McCain is not for ZERO regulation he was for allowing banks to be in more then one State

It use to be that a bank could only be within one state. That made no sence when you had border towns where a bank wanted to serve people 25 miles away but they were in a different state so the bank could not open a branch there.

That is totaly different then obama forcing under threat of prosicution of racism by ACORN to make banks give bad loans in poor areas of cities. OBAMA WAS THEIR HIT LAWER

[ronny2471]

you really believe that? wow! cause yeah I remember when bank of america was just in 1 state, not! banks have always been in a shit load of states dufus.

[ronny2471]

this video is bullshit and anyone who cares to know the truth can find out its lies, mccains senior advisors and campaign staff is full of assholes who lobbied for fannie and freddie to STOP regulations! all of a sudden day is night and up is down, right? REPUBLICANS PUSHED DEREGULATION AND HAVE CONTROLLED OUR GOV. FOR 20 YEARS! the subprime meltdown was caused by credit swaps and greedy salesmen with no gov. oversight. vote Obama.

[HeroOrAZero]

McCain pushed for deregulation of banks so they could have offices and branches in more then one state

HE DID NOT BACK THE IDEA OF GIVING NO DOCUMENTATION LOANS TO MINORITIES IN GEOGRAPICLY TARGETED AREAS

Meaning giving $500k loans to poor black people living in bad areas of the cities that did not even live in homes they were renters with bad credit.

OBAMA AND THE BLACK CONGRESSIONAL CAUCUS DID THIS TO AMERICA

[oldhacks]

you actually believe that crap?

they built the houses first.

no one could afford to buy them because of the economy.

they found poor people to move into them cuz it looked good on paper.

blam. the whole thing fell apart.

It started with building too many damn houses though. Not with poor people getting loans. that was the LAST mistake. and not even close to being the root of how it all started. stupid ass! If republicans told you to eat your own shit you'd do it.

[HeroOrAZero]

You just dont have a clue I have been in the construction buisness for the last 9 years I know how those houses were bought.

They buy the land and put up a Trailer and a sign then sit there until they got enough orders to build at least 40% of the homes in the development

THEN THEY GO TO THE COUNTY AND GET PERMITS FOR THE ROADS

If they do not have enough orders they cant get the ROAD AND SEWER PERMITS and NO HOUSES ARE BUILT

Someone got a loan to buy the house FIRST

[oldhacks]

you're missing the point. They built the houses without their being a demand for them. They built the homes for people before their were any buyers. No one designed those cookie cutter houses all up and down the highways. They built them on a gamble that people would move in and then when no one moved in they were stuck with either owning vacant property or finding anyone they could get to move in. it wasn't the movers it was the builders. contractors building houses on speculative loans.

[KeithRa68]

These people that caused this should be jailed for min 20 years.

[jdubya57]

A vote for Obama is a vote for SOCIALISM.

McCain-Palin '08

[oldhacks]

oh its always so easy to blame the consumer. Obama was in the senate for how long again? while McCain sat on the SENATE COMMERCE committee?? WHAT A JOKE YOU PEOPLE ARE

[HeroOrAZero]

Yea he has been in the Senate for just about long enough for

HOUSING STARTS TO GO UP

AND PEOPLE TO GET LOANS WITH NO PROOF OF INCOME

AND THEN FOR THOSE PEOPLE TO DEFAULT ON THE LOANS

It only takes a few years to really screw things up and if obama is president we might as well just surender to the rest of the world that hates us because just wait until other countries lose real faith in america and recall 5 TRILLION in loans because obams screws up.

[ukinvasion]

How did the CEO's help pick Biden for VP?

[HeroOrAZero]

Um they have a comittee that goes through all of the candidates and suggests who should be picked by the Presidential Candidate.

Every Campaign has them .. Umm the joke is that VP Cheney was the head of Bushes VP Selecton Group and he picked himself...

BUT OBAMA hired the CEOs to help go through the list and Biden Is the most friendly to Banks He is from DE where all the Banks Are Incorporated.

Anyway they all have these people and Palin went through review too but she is a good pick

[a1mint]

I'm not buying this. Wishful thinking.

Looking around picking and choosing to exactly line the stars up to engineer a case against Obama. So the Republicans had nothing whatsoever to do with it?

Government is a combination or Democrats and Republicans. Obama represents a new way forward, change, from all that that is in the past.

Obama *IS* not the past, he represents *future*.

And about sponsorship:

tinyurl(dot)com(slash)43rrpr

tinyurl(dot)com(slash)47yu8v

[Br0kenB0rder]

You are out of your fucking mind

AND I GUESS YOU THINK OBAMA WAS JUST A COMMUNITY ORGANIZER

He was getting paid $250K a year as a lawyer to sue local businesses and he took the money

NOT TO FUKING MENTION

THE MAN THAT HELD OBAMAS FIRST CAMPAIGN STARTUP WHEN HE RAN FOR STATE SENATE BOMBED OUR FUCKING PENTAGON

YOU ARE SUPPORTING SOMEONE THAT HAS BEEN FRIENDS WITH A MAN THAT FUCKING BOMBED OUR PENTAGON FOR OVER 10 YEARS

It wasnt 2 ships in passing

HE HELD OBAMAS FIRST POLITICAL COMMING OUT

[a1mint]

When businesses break laws or cause damage, the solution is to sue for damages. That's what lawyers do. Without that business as we know it, can't work.

That activist in the 60's was against the Vietnam war, and Obama was a child back then. Years went by, and things changed. Obama has nothing to do with "terrorist" activities.

You have been buying into some pretty warped propaganda.

[honkeytot]

o hey common sense :) hi!!

a1mint is spot on ;)

[loverspoon9]

All these pro mccain vids are starting to look the same. Disconnected pieces of video from different times, strung together to give some illusion that Obama is to blame. Can't mccain and his supporters do anything but lie? I know they are desperate because they are behind in polls, but this is ridiculous. but still none of this proves Obama caused anything.

[loverspoon9]

And it fails to mention that Johnson resigned his unpaid position in June, months before Biden was chosen. Nor did it mention that mcshame received $169,000 from Fannie and Freddie related contributers. Or that he got $2 million directly and indrectly through big oil. The amount of distortions, implications go on and on. If we treated mccain this way, he'd look like Hilter. But wth mccain it's much easier to do this because he lies so often.

[HeroOrAZero]

No McCain has recieved less then $10,000 in the whole time he has been in office from Fannie and Fredie.

you need to fact check that

Obama Employed both of them in his campaign

The fact is you are supporting a corrupt racist for president. This is the worst thing that could happen to our country and the world. Racists make bad choices the fact they are a racist is proof of it.

AND YOU WANT OBAMA TO LEAD THE WORLD?

[a1mint]

No Obama did not cause the meltdown.

Washington post:

"Linking Obama to Ex-Fannie Mae Chief Is a Stretch"

tinyurl(dot)com(slash)43rrpr

Obama's Fannie Mae 'Connection'

tinyurl(dot)com(slash)47yu8v

[HeroOrAZero]

sorry but umm yes obama did

he petitioned banks to give no documentation loans through threat of federal prosicution of the bank leaders for racism against black people

So the banks made No Document No Downpayment No proof of income loans and they were only given to people in TARGETED MINORITY AREAS.

They killed our country now you want to make him our leader?

That is fricken scarry you would even think of doing anything like that ITS INSANE watch the 2hr40min cspan vid it shows it all