The second I saw "Boortz" I clicked somewhere else quickly!
What a JA!

This reminds me of how someone else in another country hiding in luxury, LOL gets his job done.

Watch this:

Real Men Face Hannity.

Now watch this:

Instead Obama chose to do this.

Obama you still have a little time to be a man and face Hannity.

The dems don't want to see some of obama's best material from his tour of the "57 states".

They have to see this one.

You have to see this.

You have to accept responsibility for your mistakes before you can fix them and move on. We don't need change that will put us in a worse situation.

Big thanks to the dems for CRA.

The CRA Act made it illegal to deny loans based in zip codes (redlining). The vast, vast majority of CRA loans were never the subprime loans.

Janet L. Yellen, President and CEO, Federal Reserve Bank of San Francisco specifically addressed this issue:

“There has been a tendency to conflate the current problems in the subprime market with CRA-motivated lending, or with lending to low-income families in general. I believe it is very important to make a distinction between the two. Most of the loans made by depository institutions examined under the CRA have not been higher-priced (subprime) loans and studies have shown that the CRA has increased the volume of responsible lending to low and moderate-income households.”

President's Speech

The cause of the credit crisis stems from the Gramm-Leach-Bliley Financial Services Modernization Act, of 1999 which legalized the mergers of banks, securities companies and insurance companies repealing part of the Glass-Steagall Act and allowed these firms to leverage assets up to 30 times their worth. By the time Merrill was sold they had almost $900 billion in leveraged assets backed by $32 billion. Lehman reached 65 times is leverage to asset ratio before it went under. These types of derivatives were illegal until 1995 and under Glass-Steagal could not be inter-traded among banks, stock trading companies and insurance companies like AIG.

The Economist has had several good articles including this one on the growth of leverage:

“Since 2000, according to BCA, the value of assets held in hedge funds, with their high fees and higher leverage, has quintupled. In addition, the industry has combined computing power and leverage to create a burst of innovation. The value of outstanding credit-default swaps, for instance, has climbed to a staggering $45 trillion. In 1980 financial-sector debt was only a tenth of the size of non-financial debt. Now it is half as big.”

What went wrong

And this one on the collapse of Fannie and Freddie:

“It also allowed Fannie and Freddie to operate with tiny amounts of capital. The two groups had core capital (as defined by their regulator) of $83.2 billion at the end of 2007 (see chart 2); this supported around $5.2 trillion of debt and guarantees, a gearing ratio of 65 to one. According to CreditSights, a research group, Fannie and Freddie were counterparties in $2.3 trillion-worth of derivative transactions, related to their hedging activities.”

End of illusions

"You have to accept responsibility for your mistakes before you can fix them and move on."

It is laughable that a republican would say anything of taking responsibility for failures. Name one failure you repubs have owned up to. One.

How about you lead the way though. Take responsibility for your failed judgment in referring to those of Indian and Middle Eastern decent as "rag heads" in your post about customer serviced. Own your vile words, then come back and scold us.

Puuuleeeaaassseee

Higher Corporate Taxes are the answer? Who do you think pays those?

I'm not so sure about either candidate myself. I think both have major flaws.

Palin's friends in High Places.

>friends

I blog on Townhall.

(Now people will be trying to guess my nom de guerre).

"I blog on Townhall."

Jeff....really!? (I do too )

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"You can lead a Republican to the truth, but you can't make him think."

Sounds like you couldn't respond, MeanScream!

I would have responded but as soon as I saw that Garvin linked to Townhall, I threw up a little in my mouth, again...

ya know, I don't insult your intelligence, or Garvin's for that matter, by linking to Kos and HuffPo, so don't insult mine.

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"You can lead a Republican to the truth, but you can't make him think."

Not a single vote will be changed no matter what they claim about ACORN or Obama's ties to it. Even if all the lies were true ACORN is/was about 0.0003% of the problem. Insignificant small ball.

Next we'll see the Ayers/Wright ads. With people concerned about real issues, they won't matter either.

Getting shot at focuses the mind. With people's 401ks and the economy falling over a cliff they're going to be concerned about somebody's actions when Obama was 8 years old? I don't think so.

That's right Jeff,

Racist/Marxist mentors, terroist friends, and "community organizers" that deal in voter fraud aren't issues to Democrats.

Heck, all of the above mentioned represent their voter base!

After clicking on your blogs and seeing the list, I will say with conviction that YOU, my dear friend, have them. No question. Wow. Do you think that obsessions like this are why politicians have bullet proof limousines? I'm not saying you, but obsessions such as the one you clearly have. I know a person that speaks so respectfully of high-level politicians in the opposition party would have nothing but their best interests at heart. It's just, there are some pretty kooky people out there. You know?

It's just, there are some pretty kooky people out there. You know?

We are reminded of that every time you blog.

These bogus charges aren't issues to the independents and undecideds either. People gullible enough to fall for that claptrap have already decided.

The rest of the available voters are going to decide on real issues.

How many undecided voters do you think are going to vote against Obama because he was on the board of directors of a non-profit organization boosting education and schools that was funded by arch-conservative Walter Annenberg?

As Garvin and his 'crew' expound on their 'talking points' - Obama's supporters increase! Way to go! Keep your eyes on the polls. . and to think, most of the newly registered voters haven't been included in the 'polls' yet!!!! Sticking to the facts and issues trump the 'nasty' politics based on innuendo.