Plain and simple, we need one party in control of this nation. Doesn't really
matter which one it is... if we went 100% with either plan we would be better
off than we are right now with stalemate. Our government is broken,
it needs to be scrapped. The states should start the call for a new
Constitutional Convention so the failings of the current system can be
Sure I will help with those mortgages and student loans - they can help me with
my yard work, and I will pay them.That is how I PAY MY BILLS. IT IS
President Obama is forced to go it alone because enough republicans are willing
to sink the American ship to drown the president and gain control for themselves
and their special interests. It is sad when our elected officials will not put
America first before their party and personal interests.
President Obama @ Sow those seeds now so you can harvest a cash crop right
before the election. If you can show me where in the constitution it says that
we are supposed to help people out with morgages and student loans I will
personally get out my gloves and shovel and dig with you.
Here are some questions no one is asking:1. Of you must be current on your
mortgage qualify how exactly does that help with the foreclosure problem?A
person who is current on their mortgage is not currently under threat of
foreclosure.2. If the house is already under water( the loan principle is
more than the house value) how exactly will this help with that?When you
refinance a mortgage the principle will likely go up if you have no equity in
the home because you likely do not have the money for closing costs.3. If
this program only reduces the interest rate and not the principle how exactly is
that going to get the house out of the under water category?The person
still can not sell the house for as much as they own.4. If the banks are
going to be forced to reduce the principle who is going to pay that money to the
banks?The banks still must make the money they loose or the will not have
money to lend per current regulations requiring a minimum cash on hand.
been listening,What facts did I get wrong?
morganh | 8:58 a.m. Oct. 25, 2011 Orem, UtahPresident Obama
continually says that the GOP refuses to do anything to help the economy and is
the reason for gridlock. Republican Sen. Rand Paul has a bill that will create
jobs by lowering corporate tax rate, requiring a balance budget and getting rid
of "Obamacare" which is more Gov't spending.============What's less than zero? Because that's what huge
corporations like BofA, GE, and Exxon Mobile pay in corporate income tax.How will repealing 'Obamacare' create jobs? Do you know how many jobs
were lost before Obama became president? What did 'Obamacare' have to do with
that?Did Massachusetts experience high job loss when Romneycare was
Don't you just long for the day - the hour - the minute - when you can say
"former president Obama"!!! Almost 1 year and counting.....
@MormonDemIf you want more information about the plan, go research it
yourself. That wasn't my point, though. I find it funny that you
left out "Reversing President Obama's Offshore Moratorium Act" from
your list. There is a paragraph about reversing this at the Natural Resources
Committee in the House that says:"Failure to develop our
offshore energy resources is costing American jobs, hurting our economy and
denying American taxpayers revenue to help pay down the national debt. According
to the American Energy Alliance, permanently lifting the offshore moratoria
would result in 1.2 million U.S. jobs, $8 trillion in additional economic output
(GDP), $2.2 trillion in total tax receipts, and $70 billion in additional wages
each year."I also find it interesting that you are now
concerned about how much a bill costs. A report from the CBO came out today that
estimated in the 4th quarter of 2011, jobs created from the stimulus cost
$412,500 each. President Obama said a few months ago he wished he
could bypass Congress and Jay Carney said yesterday to expect more executive
orders. I'm sure this will continue, although it may be with consequences.
the sad but predictable thing here is that ANY money Obama manages to extract
from tax payers or the Chinese will most certainly be directed right into his
big union bosses pockets - that was the plan all along. This is all about paying
off anyone and everything for his re-election bid. This man will stoop to ANY
level to retain power - remember that he is from Chicago after all.
@Mountanman:The government should take from the rich millionaires
and give it to us. I don't know how, but they cheated. Obama would'nt lead us
in the wrong direction.
If I purchase a home that I can not afford, whose fault is that and why should
other people bail me out?Be responsible for YOURSELF and stop demanding
the government rescue you from your bad choices!There isn't enough money
in the world to do otherwise in the long run! Proof of that truth is our every
escalating national debt! The world does not owe any of us a living!
Best comment yet "It's time to start thinking impeachment!. That wouldnt be
a waste of tax payer money or any thing. The sky is falling! The sky is
falling! It's so funny reading the comments in here and how so often
the regulars contradict them selves. Obama is taxing us to death yet you want to
spend millions to impeach the man. Filibusters, one right after another. I
wonder how much money each one of those filibusters cost the county in wasted
man hours and resources. Do you think they are doing it for the good of the
country or are they doing it to regain power? You want Rouge
Government folks? Youre going to get it. This President is not afraid of your
threats nor is he afraid of your fear based ranting. You don't like it? Contact
your Republican leaders.By the way, I would like to know how when
you give your church tithe it becomes the Lords money but when you pay taxes
it's still your money even though the Government has possession of it. Doesnt
the Lord ask us to live the "Laws of the Land"? Just wondering how
Umm! What's more important? Taking American tax payer money and giving hundreds
of billions to Finland and Brazil, or helping our people with morgages or
student loans? ummm? I thought we're broke? Yet our prez is flying around
being santa clause. What part of sacrifice and tightening your belts does he not
understand? Yes, over five hundred billion went to Finland for car
manufacturing. Do we want another four years? Is this Bushes fault?Obama administration to support offshore drilling in BrazilPosted
by Steve M on August 18, 2009 at 12:47 pm | Share via e-mail The
U.S. is going to lend billions of dollars to Brazils state-owned oil company,
Petrobras, to finance exploration of the huge offshore discovery in Brazils Tupi
oil field in the Santos Basin near Rio de Janeiro. Brazils planning minister
confirmed that White House National Security Adviser James Jones met this month
with Brazilian officials to talk about the loan.
@PaganAnd you want to see what happens when Pres. Obama presents a
budget?Voted down 97-0. He was actually able to produce
bipartisanship in Congress. The Republicans aren't the only ones who
filibuster, either. This was from the Washington Times on Dec. 28, 2004:"Democrats have successfully filibustered 10 of the 45 circuit
court nominations by President Bush that have made it to the Senate floor. Thats
more than 20 percent. It is a campaign that has been as unprecedented as it has
been outrageous."Maybe this article will also interest you:"Democrat Abuses Spurred GOP Filibusters"--Peter Roff, US News &
World Report. Funny how the Democrats talked about changing the
filibuster rules once they lost their filibuster-proof majority earlier this
year.Republicans paid for their behavior in 2008. But, I'm pretty
sure that the shellacking (Obama's word) the Dems took in 2010 was a pretty loud
message that most in the country want to stop Obama's leftist agenda.
lost: "Lane Myer,George Washington is called the father of the
country, but James Madison was the father of the constitution. It's Madison's
work that many claim BO is ignoring. BO IS ignoring Washington's desire for
non-partisan politics with his shrill political rantings."--------------I do remember that Geo Washington presided over the
whole constitutional convention. I think he knew what was in it, don't you?
I think many people on this board are ignoring Washington's desire
and are full partisan shrills. I belong to neither party, but am thinking that
I need to sign up for the Republicans, after all, I live in Utah. You do not
have a voice if you are a democrat or independent.
Badger55--In 2008, I watched Bush on TV begging and almost crying
for congress to pass the bank bailout because our entire economy was going to
fail if they did not pass it.Yes, Dems voted for it too, because
they had to in order to get it passed to save our country.Why don't
you repubs get your facts right before you totally ruin this country.
Joe Blow,just because repubs saw the folly of the mandate and cap and tax
and the dems did not see that folly, we're all supposed to embrace it now? So
you're saying you're a closet repub?I haven't bothered with the
hillary plan and repub response or the repubs' reputed cap and tax to know how
closely they compare to what BO has put forward - one through legislation and
the other through dictate - to know how closely they compare.MormonDemjust because you don't LIKE the repubs' proposals, don't repeat
BO's lie and say they have done nothing. And since there are 2.1 million fewer
jobs now than when BO took over, we know his porkulus FAILED!Pagan,continuing to try and blame bush is getting old - and does nothing
to correct the problem. Guess what? bush is no longer president! BO's had
almost three years! That was HIS OWN timetable. face facts, he's failed!Lane Myer,George Washington is called the father of the country,
but James Madison was the father of the constitution. It's Madison's work that
many claim BO is ignoring. BO IS ignoring Washington's desire for non-partisan
politics with his shrill political rantings.
The Republican controlled House has passed 22 bills this year designed to help
create jobs and the economy. The Democrat Senate controlled by Harry Reid has
refused to debate or vote on any of them. So how disingenuous is it of Obama to
claim the Congress won't do anything and he can by-pass them and the law by
if a default happens, who is hurt? Many more people are hurt than the one
particular family that defaults: the entire neighborhood suffers. If we can
avoid defaults we should -- it is actually a wise investment for the government
to try to help families avoid these situations so surrounding homeowners aren't
caught in the downward spiral of falling home prices and a glut of under-priced
supply.The right will always hate O'Bama, but what about the big fat
middle/ swing vote? We'll see how this plays out...
Lane MyerAccording to the national archives bush had 291 executive orders
in 8 years(roughly 3 per month) Obama to date has 95(roughly 2.5 per month) not
much difference there.Mormon DemRepubs are saying the same
thing about Dems "solutions", only with different arguments. The
assumption made was that Repubs are doing nothing. Love life showed that they
are. You should look up the sponsor and co sponsors on the Emergency Economic
Stabilization Act of 2008 (aka bank Bailout). And while you are at it look up
which party apposed it and which voted for it. Bush did sign it but it wasn't
his party's proposal.
It's not fair, this rich millionaire is not paying off some of these morgages.
He just just holds on to his money while others are suffering. Can't he pay
Some of you posters read a headline and get all shook up over it! You argue
about the President shredding the Constitution when it is obvious by your OWN
WORDS that you have absolutely no idea what powers the President legally has.
What a joke.
Lost in DCThe biggest issue with Obamacare is the Insurance
mandate.Fyi, this type of mandate was first introduced by the GOP in
response to Hillarycare in the 90's. It was touted as a free market alternative
to her plan."Cap and tax" as you put it, was another GOP
introduced concept (under GHW Bush) to bring Free market forces to the
environmental concerns.Both of my statements are easily
substantiated on the web if you so desire.While you are at it, look
at who signed off on low flow toilets and CFL light bulbs.Sad how
GOP ideas become so less palatable when they are supported by a Democrat.
LoveLife:How many jobs are these bills estimated to create, and at
what cost? This is just a right-wing Christmas list masquerading as jobs
bills."The Reducing Regulatory Burdens Act." Would loosen
regulations on using commercial pesticides near waterways."The Energy
Tax Prevention Act." A blatant attempt to weaken the EPA's regulations on
air quality."Putting the Gulf of Mexico Back to Work Act." Would
bypass environmental regulations for offshore drilling by multinationals.
(Didn't we recently see what happens when you do that?)"Cement Sector
Regulatory Relief Act." Would ease environmental regulations for the
country's 3rd-largest cause of mercury pollution."Consumer Financial
Protection & Soundness Improvement Act." A giveaway to big banks,
easing regulations that are in place to prevent abuse and dishonest loan
practices. (Didn't we recently see what happens when you do that?)And so on and so on.Now, maybe these bills would produce enough
jobs that it would be worth it to put pesticides in our rivers, give our kids
asthma, and let banks run amok again.But I can't really make that
judgment until you tell me how many jobs these bills will create.This is Republican opportunism, plain and simple.
L WhiteWho was the president in 1789? George Washington, one of the
founding fathers - in fact, THE father of our country. I do believe
he had something to do with writing the constitution. Do you really think he
would do something against it?Do you think he knew what the founders
intent was? I am not worried about executive orders. They are
Homebrew,Your 11:25am post is a complete and utter lie. In
May, The GOP introduced the "House Republican Plan for America's Job
Creators".The House Republicans have passed all pieces of the
bill. However, the following are stuck in the Senate:The Reducing
Regulatory Burdens ActThe Energy Tax Prevention ActDisapproval of
FCC's Net Neutrality RegulationsThe Clean Water Cooperative Federalism
ActConsumer Financial Protection & Soundness Improvement ActProtecting Jobs From Government Interference ActTransparency In
Regulatory Analysis Of Impacts On The NationCement Sector Regulatory
Relief ActEPA Regulatory Relief ActCoal Residuals Reuse and
Management ActRestarting American Offshore Leasing Now ActPutting
the Gulf of Mexico Back to Work ActReversing President Obamas Offshore
Moratorium ActThe Jobs and Energy Permitting Act of 2011North
American-Made Energy Security ActAlso included is the Budget for
Fiscal Year 2012Obama has been in office for almost three years and
he's finally getting around to the economy and jobs (bad poll numbers can do
that). The Republicans took control of the House in January and had a plan out
in May. I think you are backwards on who you say has done nothing.
Well Ms. Meyer, it seems that you are giving us the "lemming"
argument. Just because presidents have been "jumping off the bridge"
since 1789 does not mean that we have given President Obama that
"right". Some people think that "legal
precedent" is more important than the Constitution. I do not. I think
that the Constitution is the foundation of our laws and that all of our laws
must be judged against the Constitution. Some courts have clearly ruled against
Constitutional principles. That does not mean that those courts and their
ruling are superior to the Supreme Law of the Land. It only means that the
Supreme Court has not yet thrown out those rulings.President Obama
is counting on us doing nothing. He is counting on Congress doing nothing. He
is counting on the Supreme Court doing nothing.If we do nothing,
then he will continue to ignore Congress and law and us.Mike
Richards is correct. It is time to start talking impeachment. Just the threat
of starting impeachment hearings should be enough to stop him from ignoring his
duty to protect and defend the Constitution.
Homebrew,you say at least BO is doing something? and that's a good thing?
Was it a good thing when his doctor BLED George Washington?Obamacare, cap and tax through EPA regulations, failed porkulus, etc.
EVERYTHING BO has done has been a failure - it's BETTER for him to do
nothing.You say the repubs have done nothing? untrue - the first
thing the house did last winter was vote to repeal obamacare, which would have
helped the economy; harry reid and the dems wouldn't even allow a vote in the
senate.you say the repubs are responsible for the mess? you mean
the dems who passed the CARD act, restricting credit to consumers and further
stiffling the economy were repubs? you mean barney frank's a repub? you mean
larry summers and arthur levin, who in 1997 REFUSED to regulate derivatives are
repubs? nope, sorry. there's plenty of blame for the repubs, but just as much,
if not more, for the dems.
One of the most intelligent moves that the founders made was in designing a
government that moves slowly unless there is widespread agreement. It lends
itself to preventing the nation's affairs from being directed whimsically.
I am hearing from college students who have graduated (or not) with student
loans, that the student loan payments are more than their mortgage or rent
payment. How could you carry such a debt load? The students also report that
colleges overstated future earnings in their careers. Therefore, they planned
to make what the colleges forecast future earnings to be & borrowed
accordingly. Sadly, many make much less or have no job at all.
Finally realize why all the financial kings and fat cats are hoarding their
money!Like Mitt said......... Let's let the foreclosures continue, then
investors and financiers can come in, buy up all the real estate, and rent it
back to the people who used to own these homes, businesses, and land.Wow, Mitt, what a swell idea! You shall garner many votes from the common man
now! You have stated that, " I am one of the unemployed"! Is this one
of your many plans for repairing the economy?Should be a landslide vote in
Mike,Executive orders have been used since 1789. This is nothing
new. The only thing different about this one is that it is being used by
someone you do not like - maybe hate.How sad...and you cannot see
No good done in IRAQ? Tell that to the 25,000,000 people who are free from the
rapes and murders systematically conducted by Hussein and his sons. Tell that
to the relatives and friends of the 200,000 "fellow citizens" gassed
by Hussein.Freedom comes at a price. Our freedom was not free, yet
too many seem to think that some magic words can be uttered by a popular
president and everyone will drop their weapons of war.What
nonsense.We have laws to protect us FROM the government. Mr. Obama
is not only ignoring our laws, he openly rejects them and prefers to rule by
dictate. Ruling by dictate is NOT within his authority. We have NOT delegated
that power to him. He openly rejects the Constitution, which defines his role
and the limits that we have put on him. His oath of office REQUIRES him to honor
and protect the Constitution that he openly defies. That rejection of the
Supreme Law of the Land is grounds enough to remove him from office.
At least Obama is trying to do something, Anything to help the american people
and the economy. The GOP has to date done NOTHING. They arte responsible for the
mess, but refuse to do anything to fix it. The GOP is obstructing everything.
They have NO answers. Only the word NO. I for one am sick and tired of the
clowns in the GOP. They need to help Obama fix the nations problems, but they
refuse to do anything. VOTE the entire GOP out in 2012, so Obama, who will be
re-elected and the democrats can get on with fixing the mess created by Bush and
the GOP. Remember what Bush walked into in 2001, And what Obama walked into in
2009. The contrasts, are obvious to all americans. Who's policies do you trust?
The democrats or the GOP. Vote Democrat.
Just the radical tea party that want to destroy the economy for political power.
Mike Richards | 10:51 a.m. Oct. 25, 2011, Your post is misguided. As 1) You do not seem to care for the 4,000 American men and women who
died in Iraq. 2) You admit Bush added to the debt and use that as
JUSTIFICATION for Obama impeachment... when George W. Bush was
elected TWICE into office. 3) How, exactly, is Obama supposed to
'do' anything, with a Republican House that continues to vote 'no', on
anything.... like the entire US defense Budget? *'Senate
Republicans Block Defense Bill, 'Don't Ask Don't Tell' Repeal' - By MATTHEW
JAFFE and DEVIN DWYER - ABC News - 09/21/10 So, to review, you A:
Nullify Obama's ability to pass said legislation, B: Blame Obama for the very
thing George W. Bush was elected FOR and C: Hold ZERO
accountability for the war in Iraq that gained American, nothing.
Lane Myer | 10:42 a.m. gives evidence that Bush did more than DOUBLE the very
same thing this newspaper criticizes Obama for. And when
conservatives do it, say nothing. And how was Obama supposed to
'stop' spending... when he had a $10 trillion dollar national debt
he had when he ENTERED office??
Mike Richards: with all due respect, I don't believe you are in a position to
sermonize about treating government with contempt.
@ Pagan,You're concerned about $8.7 billion? Is that
reason enough for you to have had Mr. Bush impeached? Then you should have no
problem with having Mr. Obama impeached. He has authorized of adding (spending)
$4 billion PER DAY to the deficit. Each month, he adds over $100 BILLION to the
deficit. Each year he adds over $1,500 BILLION to the deficit. Keep
track of the "zeros". Too many people have no idea what $1.5 trillion
PER year looks like: $1,500,000,000,000.His plan to "tax the
rich" would generate $60,000,000,000 per year. Count the zeros. How long
would it take to repay $1,500,000,000,000 with an annual revenue of
$60,000,000,000? It would take TWENTY-FIVE years! He knows that,
but he continues to add over $1.5 trillion PER YEAR to the deficit. If spending
were frozen, it would take 100 YEARS for his mythical "rich guy" to
pay for his excess spending while in office!Any CEO doing that with
company funds would be fired or prosecuted. Why should Mr. Obama be exempt. He
treats us and our government with contempt.
Executive orders issued:Ford = 3Carter = 3Reagan = 5Bush 1 = 2Clinton = 14Bush 2 = 289Obama = 74FYI
Also, shame on you, Deseret News, for the sensationalistically editorializing,
partisan headline.Your headline reads "Obama aims to circumvent
Congress with mortgage relief, student loans." And the abbreviated headline
on the "Most Recent" links says simply "Obama to Circumvent
Congress?"Since this article was an AP feed, I went to see what
headline the article bore in other newspapers:"Obama Offers
Housing Relief" -Albany Times Union"Obama offers mortgage relief
on Western trip" - The Herald News, Plainfield, IL"Obama offers
mortgage relief on Western trip" - NewsdayYou get the picture.
Deseret News, I know you have an editorial slant, but you can at shuffle and
deal the cards fairly. By headlining the "circumventing congress" part
instead of the "housing relief" part, you're stoking unfounded fears
of Constitutional malfeasance--in a state where already there is far too much of
a paranoid bunker mentality.
It's time that Obama stop putting us in debt anymore and stop committing to
spending taxpayer's money. The taxpayers didn't make these people get in over
their head leave them find their own way out.
'He is involved with gun running in "fast and furious". He is involved
with giving "loans" of over $450 million to his friends at Solyndra,
which led to the loss of over 1,200 jobs.' - Mike Richards | 10:09 a.m. Oct. 25,
2011 We care about scandals... now? *'Audit:
US can't account for $8.7B in Iraqi funds' - By Tarek El-tablawy - AP -
Published by DSNews - 07/27/10 'The funds are separate from the $53
billion allocated by Congress for rebuilding Iraq.' 8 billion
dollars. Better question: Why are we IN Iraq? "The
Iraqi regime . . . possesses and produces chemical and biological weapons. It is
seeking nuclear weapons.' - George W. Bush - Ohio Speech 10/7/2002
'US gives up search for Iraq WMD' - BBC News - 01/12/05 'Mr Duelfer
reported last year that Iraq had no stockpiles of chemical or biological weapons
at the time of the US-led invasion nearly two years ago.' The war
that cost us, so so much. *'U.S. Military deaths in Iraq war at
4,473 - AP - Published by the DSNews - 08/02/2011
What articles of the constitution are being violated by this plan? Is anyone
prepared to say? It seems that Obama-hate has gotten so irrational in Utah that
"unconstitutional" has become synonymous with "policies I don't
like."Before you go off the rails in your blind hate, why don't
you actually find out what the proposal is and how it will be paid for?And would it change your mind to hear that Mitt Romney's economic advisor
thinks it's a pretty good idea?NOTHING Obama could do would make you
people happy. You constantly change your mind in order to think the opposite of
him.This president who pulled this country back from the brink of
ruin, ended healthcare discrimination against children with preexisting
conditions, is ending the war in Iraq, ordered the mission that killed Osama,
ordered the mission that killed Al-Awlaki, and got rid of Qaddafi in 6 months
with no U.S. casualties, and is now doing something about the economy. And now
we have people on these boards--people who I bet you voted for Bush
TWICE--having the gall to call Obama the worst president ever? Ignorance, plain
I thought these were supposed to be "thoughtful" comments. Instead
there's a plethora of cliches and catch-phrases, peppered with such nonsensical,
meaningless words like "communist!" "socialism!" and
whatever anti-Obama rhetoric the far right has come up with and insisted its
followers use.This is a topic worthy of intelligent discussion.
President Bush began using "executive orders," and, oddly enough, no
one on the far right complained then. It was worth discussing then, just as it
is worth discussing now that Obama is apparently using a similar tactic.It is especially important that any discussion include the fact that a
president is virtually paralysed when the sole intent of certain segments of
Congress is to "see that the president doesn't get re-elected." If we
are going to have any government whatsoever, it is vital that all elected
parties do what they were voted to do - represent the people. With an approval
rating in the teens, it is obvious Congress is not even contemplating fulfilling
that responsibility. If we are to have a government at all, our
citizens need to be educated - partisan propaganda is undermining democracy. And
our elected representatives MUST listen to the citizens.
@furry,". . . the constitutional meaning of the words
"high Crimes and Misdemeanors . . . which over a period of centuries
evolved into the English standard of impeachable conduct -- has a special
historical meaning different from the ordinary meaning of the terms
"crimes" and "misdemeanors." "High misdemeanors,"
referred to a category of offenses that subverted the system of government.
Since the fourteenth century the phrase "high Crimes and Misdemeanors"
had been used in English impeachment cases to charge officials with a wide range
of criminal and non-criminal offenses against the institutions and fundamental
principles of English government."----Read
carefully the phrase, "subverted the system of government". Besides
subverting the system of government, Mr. Obama has refused to allow prosecution
of certain criminal cases. He is involved with gun running in "fast and
furious". He is involved with giving "loans" of over $450
million to his friends at Solyndra, which led to the loss of over 1,200 jobs.
He refuses to acknowledge that his job is to enforce the laws passed
by Congress; that he has no authority to legislate; and that he has no authority
to give away government assets.
'When Democrats reclaimed the Senate majority in the 2006 midterm elections,
cloture filings shot up from 68 in 2005-2006 (From Dems) to a record 139 in
2007-2008.' (From Republicans) *'The Rise Of Cloture: How GOP
Filibuster Threats Have Changed The Senate' - Ben Frumin and Jason Reif -
Talking Points Memo - 01/27/10 With over 139 filibusters factually
preventing over 139 peices of legislation... can you really BLAME
Obama? Majority of Americans agree, the Congress is broken and
cannot accomplish anything... when one party, the Republican party,
makes it a point to say 'no' on any peice of legislation. *'Senate
Republicans Block Defense Bill, 'Don't Ask Don't Tell' Repeal' - By MATTHEW
JAFFE and DEVIN DWYER - ABC News - 09/21/10 *Shocker: Fox host calls
out Republicans who blocked 9/11 responders bill By David Edwards The Raw
Story 12/21/2010 *Republicans block small business lending bill' -
By Stephen Ohlemacher - AP - Published by DSNews - 07/29/10
*'Republicans bail on budget talks, blame Democrats' - By David Espo - AP -
Published by DSNews - 06/23/11
What is egregious about this aid ONLY through Freddie Mac and Sallie Mae loans
is that those two organizations have not yet returned their "bailout"
monies to the government. While the big banks..B of A, JP Morgan/Chase,
Citigroup, Wells Fargo have long ago returned the bailouts with interest, these
government sponsored loan factories are still in arrears to 'we the people.' Do
you think they should be handing out discounts (that's what lowering the
interest is). It is not good business for the nation...it is a political play
by Obama to look good. And circumventing Congress smacks of a dictatorship.
Furry1993The same one the Dems all used for Bush! That being non as the
Constitutions lists"... Treason, Bribery, or other high Crimes and
Misdemeanors"What their complaint is however is that article one
section one is being thrown out by Obama. That section clearly states"All legislative Powers herein granted shall be vested in a Congress of
the United States, which shall consist of a Senate and House of
Representatives."They are not vested in Congress only when the
President gets what he wants. The point of this section was to prevent one man
from having too much power.Perhaps the solution to this gridlock would be
a repeal of the 17th Amendment section on and restoring the original way of
choosing Senators, that being according to the Constitution Article 1 section 3
paragraph 1"The Senate of the United States shall be composed of two
Senators from each State, chosen by the Legislature thereof, for six Years; and
each Senator shall have one Vote."This would cause the Senate to once
again vote the will of the State they represent rather than party will.
How can Obama DARE to blame "Republican Gridlock" when the first year
and a half of his PRESIDENCY he had a monopoly on Congress. Republicans could
have went on vacation, they could have boycotted Washington, and it wouldn't
have made any difference, The Democrats had enough seats to do ANYTHING THEY
WANTED, and they couldn't work with the White House! I think Obama has amnesia
except when it comes to BLAMING BUSH! I also find it odd that a week after the
GOP Presidential Debate in Vegas where the Foreclosure Rate was brought to the
FOREFRONT, Obama now takes the POLITICAL OPORTUNITY to be a "Savior"
again? Where was he 2 weeks ago, 2 years ago or even 3 or 6 months ago? Oh...
Golfing, Martha's Vinyard, or some other vacation! He's a busy man vacationing
from all his vacations! After all, he didn't pick the winner on his bracket in
March and he is still recovering from that debockle! Mark my words, He will
suddenly become the "Man Of Action" in the white house, I can't
guarentee it will be the right action, but he will become Mr. Appeaser ASAP,
Election is only a YEAR AWAY!!! Good Grief!
JoeBlowThe legislative push (both R and D going back to the 70's) was to
put minorities and poor in houses. The only way that could be done was no money
down, ARM's, interest only, no documentation, ect. What about the responsibility
of the borrower to THINK if rates are at an all time low what are the odds they
will stay here? What of the responsibility of the borrower to think about how
much can I actually afford? What about the responsibility of the borrower to
think what is the likely hood that this home that traditionally sells for
$125,000 will stay valued at $250,000? Yes the banks pushed their products just
as EVERY other business does however they were forced to create new products or
push certain products more to fulfill government demands. Now to fix one
problem the government steps in and says now you must have X amount of cash on
hand restricting what they can lend then tells them to lend more.Obama now
wants to bypass Congress while what Bush did was wrong he at least went through
Congress as the constitution demands.
Maybe I'm just over-reacting to a sensationalistic headline, but as I see this
tendancy of Obama's to try to make the Executive Branch the prime source of
action, looking for ways to get around the other two branches of government, I
get nervous. Our's is a system of checks and balances and I'm really hoping it
holds until this guy is out of office. It needs to be sooner rather than later.
The less damage he does the better.
I'd be curious to know what specific articles of the Constitution the
impeachment advocates believe President Obama violated.
It's an old addage, Obama said to Congress, Lead, Follow, or Get out of the way!
Good for him!
We're broke, 14 trillion dollars in debt, have a federal deficit that exceeds
one trillion per year and the president wants to spend more. I'm beginning to
agree with Glen Beck. This guy is trying to destroy our system so he can
replace it with a new one called socialism or worse, maybe Marxism.
Mike said: It's time to start talking - impeachment.Are the
republicans going to suggest this now every time they lose the presidential
election?They spent 100 million investigating Clinton, and he still
managed to get a lot done.Why don't the republicans focus some of
the energy they put into trying to defeat Obama at every turn, into helping
America get back on it's feet after they nearly destroyed it with their last guy
Why do we insist on creating programs that assist the greedy? If you
buy a home for $500,000. in Las Vegas then you should be prepared to pay the
mortgage on that home, even if it depreciates in value to $200,000. Buyers drove the housing market up, now let them suffer with the consequences
of their own greed and desire to have the best.Utah is in the same
boat, just not as deeply as Vegas. The young kids who just get out of college or
even high school and get married, who now want that big house in the best
neighborhood, are filled with unrealistic visions. They should pay
for thier own mistakes so they can learn from it. What do they learn if they get
a bailout every time they screw up?Our parents earned their wealth
over many years, and that has been what has kept this economy stable. It is the
greed of youth that is fueling this recession.
"I'm here to say that we can't wait for an increasingly dysfunctional
Congress to do its job" ...Translation: Since I don't have a
super majority in congress anymore as I did the first two years and therefore I
can't ram through anything and everything I want ... I am going to just skip
congress. checks and balances... who needs em. Negotiate ? Never done it and
never will. Wow, why am I not surprised by this arrogant, ideology .
President Obama continually says that the GOP refuses to do anything to help the
economy and is the reason for gridlock. Republican Sen. Rand Paul has a bill
that will create jobs by lowering corporate tax rate, requiring a balance budget
and getting rid of "Obamacare" which is more Gov't spending.
Republican House Majority Leader Eric Cantor also has a jobs bill, and in a
interview on a cable news program he asked Pres. Obama to come to Congress and
look at the legistation and work together on this issue. Obama want's it his
way or the highway and Sen. Paul's bill probably won't get considered because
Democratic Senate President Harry Reid will make sure that the only legislation
to consider will be Obama's failed policies.
It's time to start talking - impeachment. If the Constitution means so little
to Mr. Obama, it's time that he sees what happens to a President who fails in
his duty to fulfill his oath of office:"I do solemnly swear (or
affirm) that I will faithfully execute the office of President of the United
States, and will to the best of my ability, preserve, protect and defend the
Constitution of the United States."
Have you noticed that both parties have the same methodology. They both know
that nothing the federal government does will have a short term (2-3 years)
impact on the problem, so they both propose solutions they know the other side
won't accept. That way they get to blame the other party when their bills don't
President Obama, "I'm here to say that we can't wait for an increasingly
dysfunctional Congress to do its job,"In other words, he is
intent on circumventing Constitutional powers given to Congress in order to gain
the vote of those who may lose their homes so that he can stay in power.Does anyone besides me find this extremely disconcerting?
Obama's MO. Offer them anything and hope they forget when you can't deliver.This
is nothing more than a political stunt. As explained above not workable. What
happened to his original Stimulus(aka slush fund) was it not supposed to bail
out these toxic loans? Obama is circumventing the Constitution and the American
people. Course he has been doing that all along.
does this surprise anyone? the guy just can't help himself.
Many say this is another bailout; nope, no taxpayer dollars involved. It
changes rules so certain homeowners who are CURRENT can refi at lower rates with
fannie and freddie. It WILL reduce their interest income. we can't
wait for an increasingly dysfunctional Congress to do its job," the
president declared - If we cannot wait, why did you wait until almost 3 years
into your misadministration to do something about it?"no excuse
for all the games and the gridlock that we've been seeing in Washington."
translation: If I cannot get my way, Ill cry and moan how its all their
fault!Obama acknowledged (it) will not do all that's not needed to
get the housing market back on its feet. and thats the repubs fault?This plan does NOTHING for homeowners facing foreclosure, so why does he use
the backdrop of a high foreclosure state? Pure politcal posturing.Pagan,I doubt many of those homeowners are taxpayers, since nearly 50%
of us pay NO federal income tax.Phranc,According the BLS,
there are now 2.1 million FEWER jobs than when BO took over
Way to go Obama! Don't let little things like Congress or the Constitution stand
in your way.
I am waiting for someone to justify this by saying Bush did it also! In the
meantime, consider the Cash for Clunkers fiasco and the green company loans
that have gone bad (bankrupt companies) for a combined $1 trillion.
So the President is a communist but it's a minus for his mortage plan if he only
helps federally guaranteed mortages (no involvment in the private sector).
Taxes are a confiscation of your money despite the fact that the constitution
specificly calls for taxes, yet the President is circumventing the constitution.
Socialism doesn't work? Doesn't work how? Barney Frank caused the
mortage crisis. What Barney Frank forced banks to securitize mortages, Barney
Frank invented credit default swaps? The President has circumvented
the American people for the past three years. You want him to govern by the
polls? Which polls, which week, what if the polls change..?People
want the government to take away their mortgages..wow I missed out I've
re-financed my mortgage a couple of times and I still had to make payments every
month. I didn't know that a re-finance program took away your mortgage.Etc. Etc. Etc.
It was the federal government's meddling in the housing market with sub-prime
loans from Fanny Mae and Freddie Mac to people who could not or never intended
to make their mortgage payments that caused this debacle and now Obama thinks
more government meddling will fix it? Another example of how Obama has no clue
about economic realities and his inept leadership!
The best thing the Federal government can do for the economy is keep its mitts
off. There will be short-term pain, but in the long run allowing free markets
to run their course is best. Unfortunately, we are probably in too deep to
reverse the trend that started with FDR, and Congress and the Pres can't resist
the temptation to tamper.
This will cause Obama's approval numbers to sink even lower!
It is about that some one does something for the people. Congress is comprised
of 435 people who have little interest in solving problems.
The anti-Obama comments are over the top. The commenters are not concerned one
whit about the facts or reality. They seem to think if Congress refuses to do
anything that the President should just sit on his hands, then they will
complain that the President did not do anything. They are more concerned with
partisan sniping than they are addressing the plight of our people. It is just
appalling, this conditional patriotism.
There was no legislative push to allow liar loans. There was no legislative
push to have banks do ARM's. This was a banking industry's attempt to make more
money.Lots of blame to go around, but very difficult to pin this all
on the govt.We had a housing bubble, and if you do any research at
all, you will find many causes. Most causes point to the Banks themselves. ------------------------You may disagree with Obamas plan
for fixing the economy.But, you cant say he has no ideas.Nor can you blame him when all of his ideas get blocked by congress and then
scream that Obama has done nothing to fix the economy.
He might as well. He's circumvented the American people for 3 years. Why stop
now?Be interesting what might happen, though, with this one. Pluses
and minuses.Plus: Helps people who need it instead of having their
homes taken from them, leveled, then the land sold for new home building (that's
happening a lot).Minus: Economic downturn for lenders? Could be, but
I'm not sure on that.Minus: Only helps those current on payments
(way too many in trouble aren't, and not so much their fault).Minus:
Only helps those with federally guaranteed loans, which many in trouble don't
have.Plus: Helps a lot of people who need it, without waiting for
Congress to get on it.Maybe Obama can do a "good" thing
here, both in helping Americans and in setting a precedence for future
presidents (of both parties, mind you) to bypass Congress on some issues. THAT
could be a pandora's box, though.
Obama is without a doubt the worst President in the history of the United
States, in all seriousness, this guy must be gone in the 2012 election. He is
dangerous and a complete disgrace to this country and the constitution.
Wait... I thought Obama swore an oath to defend the constitution, not to
figuratively tear it in to shreds and dance all over it. Um... Heil Obama?
Did not the governments involvement with home mortgages cause this problem in
the first place? Barney Frank gets a pass on this issue.
Pagan,You seem to be under the belief that every Republican out there
worships Bush. That if Bush did it then it must be ok for Obama to do it too.
The reality is that a VERY large percentage of Republicans were not very happy
with much of what Bush did in the last 4 years of his presidency. In
particular, his bailout was a complete betrayal to this country. What Obama did
was double-down on a really bad bet.Also, just because people want
the government to take away their problems (mortgages) does not mean that the
government has an obligation (or a right) to do so. Romney understands that to
get out of a recession you have to go THROUGH the recession. That means to let
the economy correct from all the stupid choices we have made. Don't make more
stupid choices and make the situation worse.
Imagine President Obama referring to Congress as dysfunctional. I guess it
takes one to know one.
Obama not only aims to circumvent congress, but the constitution, the people,
and all common sense. Obama is using tax payer money to raise more money for his
own campaign. Socialism does not work, and its not right. The plan to have some
grand organization force us to do the "right" thing has always been
the wrong plan.We the people of this world, of this nation need
freedom to make our own choices, our own mistakes, our own growth. Governments
should protect us but can not and should not try to coddle us and stifle us.Hope we can get a president who believes in the constitution and liberty
@rifleman So Obama's economic plan has been adding over a 100,000
jobs a for several months now and while we all wish it was a lot more it
certainly is better then when we where all suffering under bush and the GOP's
economic plan where we were bleeding 140,000 jobs a month, by the way it is the
same plan the GOP wants to return to in even greater force if they are able to
get the election next year.
Get over it people, the dumb, stupid citizens have entered into agreements that
they knew they could not repay! Fantasy vs reality.
Hello Communism! Nevermind what the constitution says, I'll do it myself.
Soon Obama will be standing at the reviewing stand on Pennsylvania Avenue with a
old Soviet Military Uniform on with medals pinned all over it reviewing troops
marching by! Pagan: Just a note: Before you jump in so whole
heartily just because Obama proposed this, remember this: Only Mortgage holders
qualify who: 1. Have not been late not one day in the past 12 months on
payments. 2. Have been current all along on the mortgage. 3. Are Employed. 4.
His last proposal that was passed was approved for 50 billion, but only 2
billion was used, and many have redefaulted! 5. Have a Sallie Mae or Freddie Mac
loan only.Also regarding Contributions and Charity. When a person
gives to a charity it is their decision and their gift to do it! When the
government forces us to contribute by confiscation it is coersed since the funds
then go to only who the government wants to support. Thanks! By the way you have
many great comments from your positions! I appreciate your detailed info!
'Is Obama is offering mortgage relief is he volunteering taxpayers to offer
mortgage relief?' - Rifleman | 3:12 p.m. Oct. 24, 2011 Rifleman,
many of those home owners ARE tax payers! *Bush signs $700 billion
bailout bill AP Published by Denver Post By Tom Raum 10/03/08
WASHINGTON President Bush quickly signed into law a far-reaching $700 billion
bill to bail out the nation's tottering financial industry, calling it
"essential to helping America's economy" weather the storm. Did CEO's who got bail outs pay as much taxes as the entire nation? I seriously doubt it. Many contributing to a few is the same
principle as charity services. Why the ciritism when it's done by the goverment,
instead of a local charity? I would think majority of Americans,
Republicans or Democrats ESPECIALLY in Nevada... would want to keep
Is Obama is offering mortgage relief is he volunteering taxpayers to offer
mortgage relief? Obama has a proven track record of failure when it comes to
our economy and he comes from a state that is billions of dollars in debt and
unable to pay it's creditors.No wonder his fellow Democrats are
afraid to be seen associating with him.