From who did Obama "inherit" the economic mess?

[spence]

Originally Posted by Jim in CT

Spence, I don't think less regulation is what's needed. We need regulation to prevent financial institutions from selling mortgage-backed cecurities the way it was done before.

I believe the Democrats have delivered on a lot of this this summer.

But your memory is unbelievably selective. Part o fthe problem was subprime mortgages. I posted a link to a bill that the GOP proposed that would have tightened the controls a bit at Fannie and Freddie. That bill was defeated by the Democrats. Therefore, it seems to me that "less regulation" isn't an ide athat the GOP has a monopoly on.

The 2005 proposal was abandoned. By what I've read the Dems on the Senate committee objected to a cap on the size of Fannie/Freddie holding but agreed to the increased oversight. Instead of negotiating the issue the Senate Republicans dropped it rather than take to the floor.

Considering that Bush had a majority in the Senate and the House, it would seem odd that they would drop such a substantial issue as they could have clearly gotten something passed had they wanted.

The only reasonable analysis is that both sides still didn't get it.

You keep bending over like a contortionist to avoid criticizing Obama. Obama has never conceded that the Democratic party did anything to cause the recession. All he does is blame Democrats.

I think you meant Republicans.

Yet you do admit that both sides were at fault. If you think the Democrats were partly to blame, but Obama says it was all the GOP's fault, why can't you criticize Obama for his stance?

You need to post some quotes in context to make an accusation like this. Considering your propensity to just regurgitate baseless talking points I'm not sure I'd trust any of your assertions.

Answer? You are not rational. There is no fairy tale or excuse you won't hang your hat on to avoid critizing the Messiah. Obama's party controlled the legislature since January 2006, yet in his inauguration speech, all he did was blame Bush.

And there you go again...

-spence

[Jim in CT]

Originally Posted by spence

You need to post some quotes in context to make an accusation like this. Considering your propensity to just regurgitate baseless talking points I'm not sure I'd trust any of your assertions.

-spence

OK Spence, let's be really, really clear. You're going to honestly claim that you have no idea what I'm talking about, when I say that Obama has repeatedly blamed Republicans for the economic situation? You have never, not once, heard Obama say that the GOP "drove the car into the ditch"?

Spence, go ahead and google this...

" Obama republicans drove car into ditch", and see how many hits you get.

Obama: GOP Drove The Country Into A Ditch. 'Now They Want The Keys Back' (VIDEO) | TPM LiveWire

OK, Spence. Time to see if you have a shred of intellectual honesty. Since you claim that both sides are to blame (and I agree), and you now know that Obama blames only the GOP (unless syou can show me a link where admits that liberal policies were also at fault), what do you think? What do you think of Obama putting all the blame on the GOP?

Please Spence, don't say "that's what politicians do", OK? Because Obama, remember, campaigned on some vague notion called "change". So he can't do that stuff and say it's "just politics", because he said he'd be different.

Good luck with this one. And good luck convincing yourself that you didn't already know what I was talking about.

[Jim in CT]

Originally Posted by Jim in CT

OK Spence, let's be really, really clear. You're going to honestly claim that you have no idea what I'm talking about, when I say that Obama has repeatedly blamed Republicans for the economic situation? You have never, not once, heard Obama say that the GOP "drove the car into the ditch"?

Spence, go ahead and google this...

" Obama republicans drove car into ditch", and see how many hits you get.

Obama: GOP Drove The Country Into A Ditch. 'Now They Want The Keys Back' (VIDEO) | TPM LiveWire

OK, Spence. Time to see if you have a shred of intellectual honesty. Since you claim that both sides are to blame (and I agree), and you now know that Obama blames only the GOP (unless syou can show me a link where admits that liberal policies were also at fault), what do you think? What do you think of Obama putting all the blame on the GOP?

Please Spence, don't say "that's what politicians do", OK? Because Obama, remember, campaigned on some vague notion called "change". So he can't do that stuff and say it's "just politics", because he said he'd be different.

Good luck with this one. And good luck convincing yourself that you didn't already know what I was talking about.

Finally Spence, you claim to not understand why, in 2005, the GOP couldn't get the regulation of Fannie and Freddie through, since they had the majority? The Dems fillibustered it, as I pointed out. And at the time, the loons in the media weren't calling the Democrats the "party of no", back then it was patriotic to fillibuster. Now it's obstructionist.