Re: Meghan McCain Slams Christine O'Donnell Seen as 'Nutjob'

Will you really pay off my mortgage?

That would be most helpful, Thank you!

On 10/19/10, Tommy News <tommysnews@gmail.com> wrote:
> It was the deregulation of many institutions through the last several
> decades.
>
> Against the democrats wishes, republicans first deregulated the
> banking industry. IT was a move to fleece the banks and they did. Niel
> Bush helped cause the collapse of Lincoln Savings and Loan. That
> shenanigans cause a Multi billion dollar bail out with our tax money.
>
> Next, the GOP deregulated the electricity under the guise of cheaper
> electricity. Electric rates promptly sky rocketed and we're all still
> paying to this very day.
>
> Next, the GOP deregulated the mortgage industry. As we all now know,
> deregulating the mortgage industry was nothing more than a license to
> steal.
>
> A a reform bill aimed at Freddie and Fannie was introduced in 2005
> that would have required Fannie and Freddie to eliminate their
> investments in "risky assets" and it would have given a regulator the
> power to say "no way." This bill came after a warning by Alan
> Greenspan that the two were on the path to putting our entire
> financial system at substantial risk.
>
> This bill was co-sponsored by John McCain.
>
> However, the bill never came to a vote because Democrats decided to
> make it a partisan issue, and opposed it along party lines.
>
>
> Source(s):
> http://www.bloomberg.com/apps/news?pid=n…
>
>
>
>
> On 10/19/10, MJ <michaelj@america.net> wrote:
>> Tommy
>> The Economic meltdown was caused by the BUSH deregulation of banks and
>> wall Street, allowing toxic lending.
>>
>> MJ
>> Please point to the specific legislation that accomplished this.
>> Do note that Banks have been defacto controlled by the Feds since at
>> least
>> the 19-teens.
>>
>> Tommy
>> They also squandered the surplus which Clinton accumulated.
>> MJ
>> There was no surplus -- merely an accounting gimmick.
>>
>> Tommy
>> Conservatives will not fix anything, they will simply return to the
>> failed Bush policies that caused this mess, and they have no
>> constructive plan other than grabbing power back and blocking the
>> President at every turn.
>> MJ
>> You are correct in that the Conservatives will not 'fix' (whatever that
>> means) anything AND that they will simply CONTINUE (not return since
>> they have not been 'left') the failed policies that Obama continued from
>> Bush who continued from Clinton, Bush, Reagn, Carter, Nixon, Johnson,
>> Kennedy, etc.
>>
>>
>> Regard$,
>> --MJ
>>
>> "I'm fully willing to use the veto if they [Congress]
>> overspend." George Bush, Press Conference 26 Jan 06
>>
>> --
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>
>
> --
> Together, we can change the world, one mind at a time.
> Have a great day,
> Tommy
>

--
Together, we can change the world, one mind at a time.
Have a great day,
Tommy

--
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