Comments for Republicans need humility more than money »
Posted By jovial 9 months, 3 weeks ago in ReligionFor all the talk about God in the far right, you would expect at least some humility. But, there is none. None. Rush Limbaugh won't admit that Ronald Reagan's policy of deregulation in the financial industry is the event that started all our financial woes. Deregulation gave greedy and dishonest Wall Street players the freedom to abuse our capitalist system to its uttermost.
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jovial9 months, 3 weeks ago
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FTA:
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"The Republican position on pro-life is good and right but pro-life alone a righteous nation does not make. The United States was pro-life in the midst of horrendous slavery, racism, and segregation all of which were die-hard conservative values along with long, long hours of child labor, unsafe work environment, industrial monopolies, and a host of other societal ailments.
Oh, Lord God grant repentance and humility to my country, the United States, and may it start with the far right."-
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Georgia509 months, 3 weeks ago
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Excellent stroll through history, jovial. Does your history primer inform you as to the position of the Republican party and Christian Abolitionists during the period of Democrat-defended slavery? Or does your little screed begin and end with your bigotry and self-centric world view?
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Would you care to provide a party-by-party breakdown of all the social ills you reference, or are we Republicans required to "humbly" take your word for it? Don't die waiting for that to happen if we're expected to believe that anyone ignorant enough to post an article like this in the Religion Forum is believable on any level. -
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ADAGUY9 months, 3 weeks ago
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crghss9 months, 3 weeks ago
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jovial9 months, 3 weeks ago
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ADAGUY9 months, 3 weeks ago
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Started with Carter?
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No you are dead wrong.
Deregulation came about under the watchful eye of Ronnie and friends. The SEC began to allow mergers of giant corporations, over and over again until all the small ones were bought up. Thus no competition. This lead to price fixing, and fraud.
Don't you recall the Reagan philosophy that " the government should stay out of business and let free enterprise take care of it's self"?-
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Endoscopy9 months, 3 weeks ago
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Poor adaguy does not remember or just ignores history. The CRA was created under Carter. Go look it up. Then ACORN used Obama to sue Citibank to give out more CRA loans. They finally went to lobby congress in 1990 because Fannie and Freddy refused to accept any loans less than 10% down. In 1992 under Carter the CRA was changed along with some other banking laws. 0% down, Low starting ARM, no principle for a time, and no financial check on the poor. The Banking regulators were to use the CRA loans to rate banks if they wish to merge or expand. That made bad loans a cost of doing business. When these laws went into effect the housing bubble started. The laws went into effect in 1995 and the housing bubble noticeably started in 1996.
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Will13139 months, 3 weeks ago
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Well here' s a chart that would suggest otherwise.. when Glass Steagall was repealed.. sub-prime mortgages were 3% of all mortgages...
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note that after Bush gave his speech and signed the American Dream bill. . the process that Clinton laid the foundation for.. took off like and A-Rod homer on steroids...
the sub-prime market EXPLODED in 2003.. .. and became 30% of lending in 2004-2006 while talking out of one side of his mouth to say there was a problem... Bush was passing laws to make sure the market continued down it's path to destruction....
http://i188.photobucket.com/albums/z167/liberalame...
Obama billed 2 or 3 hours time on that case.. and never appeared in court.. -
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Will13139 months, 3 weeks ago
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In 1992 under Carter the CRA
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that statement alone proves you insanity.. or stupidity or both... under Carter.. 1992
WOW..
by the way CRA.. ACORN.. Frank .. Dodd.. Obama .. are not listed in the top 25 causes by Time magazine. (thanks Nostalgia for giving me that one)..
# 1.. Phil Gramm..
Clinton.. not in the top 20.. he is on the list..
http://www.time.com/time/specials/packages/article...
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FrauBlucherComment removed: Retracted by user
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jovial9 months, 3 weeks ago
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The Depository Institutions Act of 1982, another Reagan initiative, was supposed to "revitalize" the housing industry by freeing up the S to make more loans. Instead, the regulation rollback led to what economist John Kenneth Galbraith called "the largest and costliest venture in public misfeasance, malfeasance and larceny of all time" as they engaged in a fury of high-risk lending. The collapse that followed cost taxpayers an estimated $150 billion in government bailouts, and contributed to the recession of the early 1990s.
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How's that?
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jovial9 months, 3 weeks ago
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Here's the link for those "Reagan didn't de-regulate, Carter did" people.
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http://www.presidency.ucsb.edu/ws/index.php?pid=40...-
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PsychoHosebeastComment removed: Spammer, Abusive1 Reply
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tadair9199 months, 3 weeks ago
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glad this was posted under "religion," as in total belief without knowledge of things without parallel to them.
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eg, the left blindly believes the right is at fault. the right blindly believes the left is at fault.
political parties are essentially religions. belonging to either puts you in a position to blindly accept whatever it is your high priest is spewing at the moment. war on terror, bailouts. whatever.-
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NoWayMan9 months, 3 weeks ago
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NoWayMan9 months, 3 weeks ago
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after the last eight years of Bushco, it ain't just the dems who have utter contempt for the republicans. its pretty much the entire world.
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there are times when contempt is deserved. but republicans seem to have contempt for poor people simply because they're poor. -
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NoWayMan9 months, 3 weeks ago
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um, liberals aren't that way, no matter what you want to believe. google "liberal" or look it up in a dictionary, but that simply ain't the way we do things.
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and, did you realize your attempt to lump democrats into the group of people who have utter contempt for anyone who isn't a reflection of themselves is also an admission on your part that the republicans indeed have contempt for anyone who isn't a reflection of themselves? (cause you sure didn't reject that notion, instead you simply tried to include the dems along with the repubs)
so, thanks for at least agreeing with me on the point that republicans are haters.-
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Endoscopy9 months, 3 weeks ago
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Why don't you take off your blinders and look at the liberals posting on this site? Look at what you say. The liberals love to talk about the "hate speech" that conservatives have. Air America failed so the Democrats now want to put the brakes on conservative talk radio. The buzz word is "fairness". The reality is censorship in that guise.
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Conservatives tend to talk about issues and the liberals talk about feelings. Well the feeling of the Democrats when they changed the CRA and Banking laws was done with compassion. Forcing banks to give out bad loans is not logical but a feel good issue. Well that feel good issue is at the root of the financial crisis. But will liberals ever admit that? Never. It has to be the GREEDY people. Greedy people NEVER give out known bad loans but you never admit it.
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ADAGUY9 months, 3 weeks ago
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"As if Democrats are that way?"
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You have to take into consideration the damage that has been done to this nation by republican politics. (something you will never admit)
At that point, you will understand why so many of us despise the republickin's-
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