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Topic: How many of you want to see Obama as a president once again?  (Read 9317 times)

Tresbn00

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Re: How many of you want to see Obama as a president once again?
« Reply #30 on: November 22, 2011, 08:00:16 pm »
I think that Obama, given the mess that Bush handed down after eight years as a dictator, has done a great job.  I don't think that there is any answer from the Republican camp as far as any worthy candidates go.  I am not wild about the health care plan or any changes in the tax plans but feel that Obama has done an exceptional job.  I am not affiliated with either party which probably make me a Democrat in the eyes of the Republicans but tend to vote based on issues.

constance312003

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Re: How many of you want to see Obama as a president once again?
« Reply #31 on: November 22, 2011, 08:26:02 pm »
I don't want him re-elected.  I do not agree with his plans and feels he has taken our country in the wrong direction.

tuyetmai

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Re: How many of you want to see Obama as a president once again?
« Reply #32 on: November 22, 2011, 09:10:25 pm »
I want him to be president again.  He has done everything he said he would do and our troops will be home soon.  He has been a very good president it is not his fault he had to clean up the prior presidents mess over and over again.
I agree with you.  Most likely the mess right now is not his fault.  But I think he would not have the second term.  Because he have a lot of complaint on my neighborhood.  I think he lost a lot of votes here.  But I won't mind if he re elected again.

dodgers16

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Re: How many of you want to see Obama as a president once again?
« Reply #33 on: November 22, 2011, 11:21:42 pm »
 since I voted for Obama last time and I feel he has done well! yes I want to see Obama as a president once again  :thumbsup:

tigerscene

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Re: How many of you want to see Obama as a president once again?
« Reply #34 on: November 23, 2011, 02:43:53 am »
president obama once agrin ,to finsh what he as start for us and finsh it this time
david p. caudle sr.

jski107

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Re: How many of you want to see Obama as a president once again?
« Reply #35 on: November 23, 2011, 05:58:03 am »
I don't know if I would vote for him again but looking at the potential Republican nominees, I might just have to.  The debates are like a circus!

lvstephanie

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Re: How many of you want to see Obama as a president once again?
« Reply #36 on: November 23, 2011, 08:59:28 am »
I'm still mystified that threads like this are in the regular "Off-Topic" category while "What's your favorite ice cream flavor" is in the "Debate" category  ??? I wish people would post in the appropriate areas...

But I digress...

I would be more in favor of letting President Obama have a second term if I felt that the principles he espouses would set the country in the right direction. After all, it wasn't until Regan's 2nd term that his economic policies finally turned around the disastrous state that Carter had left him with. However when Obama's ideas would just fan the flame of too much government spending and intrusion, he would not be helping our country only making it worse. Therefore I hope he doesn't get another term.

Besides, you have to look at the whole picture to understand what lead the country into this mess. Not everything is Bush's fault. One of the largest problems our economy had was the mortgage crisis that had it's beginnings as far back as the Carter administration. During his administration, he signed this act into law in order to stop the banking practice of "red-lining" in which banks would essentially draw a red line around low-income neighborhoods and would discriminate against providing loans to anyone living in that red-lined area without regard to the applicant's own credit risk.

This act opened the doors for community organizers, like ACORN, to begin targeting lending institutions for alleged racial discrimination, and bring bankers to court, either legally challenging them or in the court of public opinion by making demonstrations and reporting to the local news services of this "racial discrimination". They even provided some studies as evidence which showed how black and Hispanic applications were denied more often than white applicants. However those studies failed to consider the rates of credit-defaults for each group, which later studies of the same records showed that the default rate among the minority groups was higher (and thus the declining of mortgage applications was based on the credit-rating of the applicants instead of the race of the individual).

Also later administrations (esp the Clinton administration) began having Freddie and Fannie Mac buy up more of these mortgages from low to middle income groups using government back securities in order to provide more liquidity in the housing market for these groups. They even allowed these groups to buy sub-prime mortgages, those mortgages given to individuals with a poorer credit rating than banks normally would have allowed. With the threat of being labeled as racially discriminating against applicants and being held legally responsible as well as with the assurance that Freddie and Fannie would buy these bad loans from them if they made them, lenders began making more and more of these risky, sub-prime mortgages. It also didn't help that the liquidity that this practice had lead to more and more people becoming home-owners. By the laws of supply and demand, if demand outpaces supply, the price for the good will increase; since home-ownership demand was increasing at such a rapid rate, housing prices began to hike up above value (ie the price of purchasing a house was actually higher than the material / labor costs to build a house from scratch) thus initiating a housing-price bubble. The risky adjustable rate loans were then offered to the sub-prime applicants, and were explained that because housing prices were continually rising, by the time the lower initial interest rate would jack up to a high rate, the borrower could refinance their house with a fixed-rate mortgage and wouldn't be stuck with the higher rate.

However as with other economic bubbles, the housing-bubble eventually collapsed. This was probably precipitated by other economic problems (the bursting of the tech. bubble, wars in Iraq and Afghanistan, etc.), which caused fewer people buying the higher-priced homes resulting in a plateauing effect (and even declining) of prices, making borrowers with ARMs unable to refinance a mortgage that was worth more than the price of the asset, and getting stuck under the high interest rate. Once these higher rates hit, these sub-prime borrowers were unable to meet their obligations and so defaulted on their mortgages, which even more dampened the housing market. All this finally resulted in Bush signing the TARP agreement to allow the government to buy up some of these sub-prime loans to help ease the number of foreclosures.

To claim that the mortgage crisis is "Bush's fault" is like blaming the waiter for getting food poisoning without taking a look at the involvement of the chef, food distributors, and farmers that provided the tainted food.

aggie49

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Re: How many of you want to see Obama as a president once again?
« Reply #37 on: November 23, 2011, 10:26:03 am »
yes i do think he should be president again he has done more for the middle class and lower income families then anyone else

bowrunner

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Re: How many of you want to see Obama as a president once again?
« Reply #38 on: November 23, 2011, 10:51:47 am »
He's nearly eliminated the middle class and his class warfare may get him elected again but it's disastrous for the country as is his income redistribution.

lywb2168

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Re: How many of you want to see Obama as a president once again?
« Reply #39 on: November 23, 2011, 11:43:18 am »
He's far better than any of the whackjob Republicans running.  He's done some good things, and done some things to tick me off.

Agree 100%, none of the ones running as on the other side are good, is better a devil known that an angel toknow
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zakk2209

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Re: How many of you want to see Obama as a president once again?
« Reply #40 on: November 23, 2011, 11:45:38 am »
Noi way am I voting for that communist

patrick122068

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Re: How many of you want to see Obama as a president once again?
« Reply #41 on: November 23, 2011, 12:29:20 pm »
I think that Obama has done the best that he could do so far and think that he needs more time to do the things that he promised and also needs more cooperation from congress! Both Democrats and Republicans need to stop being at war with one another and work together, and meet halfway,instead of our way or no way at all!

workmama

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Re: How many of you want to see Obama as a president once again?
« Reply #42 on: November 23, 2011, 12:40:59 pm »
I don't know....I think Obama is doing better than he was a year ago. He seems to be improving. I am just in the air about if he should be president again. I love change, but not too much of it!!  :-[

Falconer02

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Re: How many of you want to see Obama as a president once again?
« Reply #43 on: November 23, 2011, 05:48:45 pm »
Quote
To claim that the mortgage crisis is "Bush's fault" is like blaming the waiter for getting food poisoning without taking a look at the involvement of the chef, food distributors, and farmers that provided the tainted food.

Well put, lvstephanie. This is one of the many reasons the Occupy WS movements happened.

ghunter

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Re: How many of you want to see Obama as a president once again?
« Reply #44 on: November 23, 2011, 06:32:21 pm »
I would love to see President Obama win again, but if I was him I would not run, because people do not respect him and no matter what he does to try and clean up all the sh_t the bushes left.  I say let them have it and walk again after my term and see who they put in office.

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