[Home] [Headlines] [Latest Articles] [Latest Comments] [Post] [Mail] [Sign-in] [Setup] [Help] [Register]
|
Status: Not Logged In; Sign In
Video and Audio Title: Obama Voter Tells Him (To His Face)'I'm Exhausted of Defending You" (VIDEO- ROTFLMAO) Obama Voter Tells Him (To His Face)'I'm Exhausted of Defending You" (VIDEO- ROTFLMAO) September 20, 2010
Obama spoke at a townhall meeting today in Washington D.C. when this woman expressed her disappointment in the Obama Administration. Notice how the president laughs off her comments. "I'm one of your middle class Americans. And quite frankly, I'm exhausted. Exhausted of defending you, defending your administration, defending the mantle of change that I voted for," a woman told President Obama at a town hall. From New York Times She described herself as a chief financial officer, a mother and a military veteran said she was disappointed that Mr. Obama had not lived up to her once-lofty expectations. “I’m exhausted of defending you, defending your administration. … I’m deeply disappointed where we are right now,” she said, adding that when she voted for Mr. Obama, she thought he would change Washington. “I’m waiting, sir. I’m waiting. I don’t feel it yet. … Is this my new reality?”
Moments later, a young man offered a similar theme. He noted that the president had ignited a wave of inspiration for young people and students. “That inspiration is dying away,” he said. “It feels like the American dream is not attainable for a lot of us. … Is the American dream dead for me?” Together, the comments reflected the erosion of support among the constituency that swept Mr. Obama into office in 2008. And both were rooted in concerns about the struggling economy and its impact on future generations. Obama told both attendees to remain hopeful. He defended his administration’s efforts to increase money for student loans, impose new laws on credit card companies and insurance companies, and stabilize the economy. “I am confident that the American dream will continue,” Obama told the young man, adding that “there is not a country in the world that would not want to change places with us.” He told the woman who said she was disappointed that “there are a whole host of things that we have put in place that do make your life better,” but he quickly cautioned, “I understand your frustration.” “My goal here is not to convince you that everything is where it needs to be,” Mr. Obama told her. “But what I am saying is that we are moving in the right direction.” Post Comment Private Reply Ignore Thread Top • Page Up • Full Thread • Page Down • Bottom/Latest Comments (1-45) not displayed.
Down payment assistance. This program did not advocate providing loans to people who couldn't make their payments. Many people have sufficient income to make payments, but don't have the savings to make a down payment under the type of loan they want.
#47. To: no gnu taxes (#46) This program did not advocate providing loans to people who couldn't make their payments. Please Paddy. Do you have anything to offer othe rthan an apology for Boy Blunder being wholly incompetent - a point you've obviously stipulated to here - and forcing FN/FM to purchase very low quality loans?
#48. To: no gnu taxes (#46) (Edited) From what you claim is merely down payment assistance: •Substantially increase by at least $440 billion, the financial commitment made by the government sponsored enterprises involved in the secondary mortgage market, specifically targeted toward the minority market; •Launching twenty-five different local initiatives across the nation, geared toward eliminating the specific homeownership barriers faced by minority families in those communities; •Raising $750 million in below-market-rate investments by 2007, which will work in collaboration with local homeownership initiatives and be targeted to heavily minority program areas;
#49. To: war, no gnu taxes, (#45) The President also believes that government alone can't close America's homeownership gap. It is critical that our government challenge the private sector to take concrete steps to tear down the barriers to homeownership that face minority families. The President is issuing "America's Homeownership Challenge" to the real estate and mortgage finance industries to join in his effort to increase the number of minority homeowners by 5.5 million families by the end of the decade. Many organizations have already responded to the President's challenge by committing to: Ouch!
#50. To: war (#48) Those were not government programs, but merely suggestions made to private lenders.
#51. To: no gnu taxes (#50) (Edited) Those were not government programs, but merely suggestions made to private lenders. Who said anything about government programs, Paddy? But now that you mention it, what you cited - down payment assistance - was a government program. The "at least $440billion" was an order tot he GSE to increase Subprime. And unless you ***think*** your hero was a bureaucrat this game is now over.
#52. To: go65 (#49) There's a couple of smokling guns in there, eh?
#53. To: war (#51) The "at least $440billion" was an order tot he GSE to increase Subprime. No such thing In fact what was cited was the response by private industry, not anything the President "ordered."
Many organizations have already responded to the President's challenge by committing to: - Substantially increase by at least $440 billion, the financial commitment made by the government sponsored enterprises involved in the secondary mortgage market, specifically targeted toward the minority market;
#54. To: no gnu taxes (#53) (Edited) Stop lying Paddy. Private companies don;t dictate to the GSE's.
#55. To: no gnu taxes (#53) Substantially increase by at least $440 billion, the financial commitment made by the government sponsored enterprises involved in the secondary mortgage market, specifically targeted toward the minority market; Are you not aware that GSEs are Fannie and Freddy?
#56. To: war, ALL (#9) VERY first one to defend 0bama? Very first NOT to address his fellow 0bama-supporter's complaints? Yes folks: "Independent" Dwarf von Bulow.
#57. To: go65 (#55) Are you not aware that GSEs are Fannie and Freddy? Yes and so? This is simply the intentions of private lenders becoming involved in the secondary mortgage market through GSEs. In fact, this has nothing specifically at all to do with subprime mortgages.
#58. To: no gnu taxes, dwarf, ALL (#32) Laughable. Thanks to the "oversite" of Freddy Mac/Fannie Mae from Frank, Dodd, Waters, and the Dems insistence that "EVERYTHING IS PEACHY KEEN!! And then there were the ginned-up efforts (a Fix) through the CRA (Community Reinvestment Act) designed to encourage (aka blackmail) commercial banks and savings associations to meet the needs of unqualified borrowers (aka deadbeats). The entire scheme was also designed to nuke the real estate market with a bubble the size of Michelle 0bama's left azz cheek, then subsidize the Banks' losses with the middle class's wealth. War, you NEVER get this right. But hey - back to dwarf's commentary on the black women tired of defended the Cackhead-in Chief.... Oh that's right - there AREN'T any.
#59. To: no gnu taxes (#57) This is simply the intentions of private lenders becoming involved in the secondary mortgage market through GSEs. Wha...huh? GSE's aren't brokers. They purchase mortgages. Period. Your statement underscores your ignorance.
#60. To: war (#59) They purchase mortgages. That's what I said. Read again.
#61. To: Badeye, Murron, Nebby (#1) Whats telling is how he looked down at his shoes when he was saying the American Dream hasn't been lost. Nope. All 0bama ever does is smirk like a coked-up homo who knows he's Gamed the System. I hope Girlfriend in the vid notes the Bruthah-in-Chief is playin' her and her brethren. She's asked 0bama for some "frankness"?? HAAAA!!! How about THIS from 0bama: "To be frank, I'm a gay Commie Black-Muslim Separatist who hates Whitey, regards the 96% of you 'bruthah & sustahs' to be ignorant subjects, and any wealth, respect, and attainment of the American Dream you've at long last achieved....I will flush down the toilet. NIGGA. Get it now??" IMO, the opinion of American Blacks after such an admission of "frankness" would "plummet" down to about 90% support. Sad.
#62. To: Liberator (#61) Whats telling is how he looked down at his shoes when he was saying the American Dream hasn't been lost. Very very telling. Watch the video, you'll see him do this. Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit. #63. To: no gnu taxes (#60) You stopped making sense a long time ago.
#64. To: Liberator (#61) That slimy, half-breed muslim maggot makes my skin crawl. "I really wanna care. I wanna feel somethin'. Let me dig a little deeper:. No, My give-a-damn's busted"~ Messina Jo Dee #65. To: Murron (#64) (Edited) That slimy, half-breed muslim maggot makes my skin crawl. Don't you have grandchildren of similar breeding? Amazing with such racial sentiments that anyone let's you near them.
#66. To: war (#63) It was nothing more than private lenders agreeing to sell their mortgage backed securities to the GSEs instead of other buyers and the GSEs agreeing to buy them. Understand now? The point being it had nothing to with any government mandates of lending to subprime borrowers.
#67. To: no gnu taxes (#66) It was nothing more than private lenders agreeing to sell their mortgage backed securities to the GSEs And that statement is nothing but an outright lie. GSE's determine what they will purchase not the other way around. Banks were lined up around the block to sell their portfolios. Agree?!? They were BEGGING... How much more of a beating do you need to take here?
#68. To: All (#67) Understand now? Fuck off, dickhead. This is what I do for a living.
#69. To: war (#67) Agree?!? They were BEGGING... What difference does it make? It's not the point.
#70. To: no gnu taxes (#69) Knock it off troll.
#71. To: war (#65) Amazing with such racial sentiments that anyone let's you near them. What's more amazing is that she isn't back at Goldi's posting with the rest of her crew. This is pretty much the standard post there these days.
#72. To: Skip Intro (#71) She's using her bi-racial grandchildren [the existence of whom I've long been suspect] as some sort of get out of jail free card so she can nigger it up all over the internet.
#73. To: no gnu taxes (#53) The "at least $440billion" was an order tot he GSE to increase Subprime. Ever heard of Glass-Steagall?
#74. To: Andrew Jackson (#73) In fact what was cited was the response by private industry, not anything the President "ordered." That was repealed in 1999, so I'm not sure what your point is relative to this discussion.
#75. To: no gnu taxes (#74) The repeal of Glass-Steagall was what set the sub-prime debacle into motion. " Diversity" rules were but a small part. I am one of those who do not believe that a national debt is a national blessing, but rather a curse to a republic; inasmuch as it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country.-Andrew Jackson #76. To: Andrew Jackson, war (#75) The repeal of Glass-Steagall was what set the sub-prime debacle into motion. It helped facilitate it, but was hardly the controlling factor. However, since war's hero Sinkboy signed it, I'll leave it to him to find a way to blame it on Bush.
#77. To: no gnu taxes (#76) It helped facilitate it, but was hardly the controlling factor. Without it's repeal, the MBS game would never have reached the heights that it did. I am one of those who do not believe that a national debt is a national blessing, but rather a curse to a republic; inasmuch as it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country.-Andrew Jackson #78. To: Andrew Jackson (#77) (Edited) Without it's repeal, the MBS game would never have reached the heights that it did. I can't say for certain what its repeal did. With it in place, would the MBS fiasco been stopped? I certainly can't say for certain as there seems to be end runs around all these laws.
#79. To: no gnu taxes (#78) It separated the commercial banks from the brokers. It's repeal effectively legalized conflict of interest. I am one of those who do not believe that a national debt is a national blessing, but rather a curse to a republic; inasmuch as it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country.-Andrew Jackson #80. To: Andrew Jackson (#79) It separated the commercial banks from the brokers. I know what the purpose was.
#81. To: Andrew Jackson (#73) (Edited) Ever heard of Glass-Steagall? Yes...it's the 800lb gorilla in the financial meltdown room. But it really didn't come into play until bank dealers realized that they could syndicate the banks side's paper, i.e. monetize liabilities...which really wasn't necessary until Greenspan went on another one of infamous inflation ghost hunts.
#82. To: Andrew Jackson (#77) Without it's repeal, the MBS game would never have reached the heights that it did. Well...as I said above...it got a good goose from Greenspan. Don't forget that the money "raised" from packaging these liabilities went somewhere.
#83. To: no gnu taxes (#76) It helped facilitate... It more than helped, Paddy. It's directly responsible for the banking part of the financial mess. And yea, Clinton signed it. What choice did he have? He opposed it...threatened to veto it...then it passed with veto proof margins.
#84. To: war (#83) It more than helped, Paddy. It's directly responsible for the banking part of the financial mess. The GOP had far less than than a veto guaranteed majority. So what you are saying is Sinkboy was gutless, or just providing obligatory political opposition to an action he supported. Honestly, for all that's been stated, these financial happenings would have occurred with or without the repeal of GS.
#85. To: no gnu taxes (#84) The GOP had far less than than a veto guaranteed majority. Yepper...the banking lbby owns a lot of Congress critters... All in the name of "free speech" of course... You can google the process...passed the House with a veto proof majority but not the Senate. Clinton threatened to veto. They went to conference put some elements of HillaryCare in it, passed it overwhelmingly and Clinton signed it. So It Goes. Our republic in action.
#86. To: no gnu taxes (#84) So what you are saying is Sinkboy was gutless I don't know who Sinkboy is and don't put words into my mouth...it takes days to get the stank out...
Top • Page Up • Full Thread • Page Down • Bottom/Latest |
|
[Home] [Headlines] [Latest Articles] [Latest Comments] [Post] [Mail] [Sign-in] [Setup] [Help] [Register]
|