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Kguku wrote: Bankers are inherently greedy and stupid. I know this, I am one.
Kguku wrote:Luhed wrote:The republicans just exploited the program by passing laws to deregulate banks.
Allowing lower income families the opportunity to acquire a home of their own and providing some sort of assistance to get them off the ground is perfectly fine, the problem arose due to what I just quoted, which is deregulating. Bankers are inherently greedy and stupid. I know this, I am one. I have worked in the industry for almost 15 years. They make stupid decisions because of their opportunity to make money or show how amazing they are without looking at long term repercussions. People look to build their little empire, and in some ways watching things happen can be quite interesting, but you can also see just how focused they are at their short term gains and not thinking about long term ramifications.
This is why regulations need to be in place for something as critical as banking. This is why you don't see Canada suffering the same kind of recession the US did and why our economy is so strong, because we maintained our regulations. There was a tonne of pissing and moaning about putting in some deregulation, but the government stood pat on our current banking laws and stuck to their guns, and honestly we're better for it.
Putting in moderate changes to help people benefit, good, exploiting the system or putting it to a critical breaking point? Bad.
I'm not saying Obama is great, I don't really care either way. I'm saying don't be stupid and put all the blame on him when the past 8 years was wrecked by a completely different group. No 1 person can fix your economy in a year, thinking Obama can work magic is stupid. Blaming him for a stimulus package that was going to happen regardless is stupid. Give him his 4 years and judge him from there.
Rathic wrote:
The war was unfounded and a lie. A lot of us then active duty service men believed the war was just... of course, it was what we were told. I disagree now, but it is hardly worth noting anymore.
Cobaro wrote:According to the news some still believe that Obama isn't eligible for the presidency apparently.
http://www.politicsdaily.com/2010/04/14 ... rn-in-u-s/
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