What one thing has Barack Obama done that is good for the country.

Originally Posted by nuclearoption

how did Obama "create the mortgage mess"? "fannie and freddie"...talk about psychological projection you loon.

no projection, fact, look it up


find out what he and ayers did w the annenberg trust

Originally Posted by catchsky

The credit agreement provides that the company can raise rates. If it didn't then you'd see all sorts of litigation when the credit card companies try to raise rates. That's what all the fine print is about.

And if the persons credit gets better, then he should be able to find another company to extend him better terms. or he can pay off the credit card and not pay any interest.

Yeah, fine print, so much for open honest business practices but that's another subject. But the "credit card bill of rights" prevents the credit card companies from raising rates on existing credit. They can still cut off new credit or raise the rates for debt but they have to abide by the original terms. I think that's fair.

Originally Posted by cortevans

Tell me one thing that Barack Obama has done that is good for the country?

Cash for Clunkers was a successful program.

I am not fond of him, but he hasn't been in office for a year!

Originally Posted by stilllookin379

Yeah, fine print, so much for open honest business practices but that's another subject. But the "credit card bill of rights" prevents the credit card companies from raising rates on existing credit. They can still cut off new credit or raise the rates for debt but they have to abide by the original terms. I think that's fair.

Yes, the fine print is fair. Anytime you have an agreement, it's your job to read it. I don't understand this bullshit about how these people who took these mortgages didn't understand the terms. Freakin' read the documents you sign. You're not buying a freakin hamburger, you're buying a house, it's your job to read what you sign or be held accountable. It's no excuse you didn't read the damn agreement you signed. Once again, liberals excusing irresponsible people. Usually the dems/ libs want the responsible people (taxpayers, mortgage payers, health insurance purchasers) to pay for the irresponsible people. LET THE IRRESPONSIBLE PEOPLE REAP WHAT THEY SOW!!

Originally Posted by cortevans

Oabma didn,t create the mess with Fannie and Freddie but Franklin Raines, Chris Dodd and Mr marbles Barney Frank created the mortgage mess, Between the 3 of them they made over 100 million dollars by playing with the books. That is a fact. Obama is putting Barney Frank in control of the economy. He is a crook. He srewed up the housing market and he will srew up the economy even more.

obama voted their way every time the chance came up, plus supplied acorn goons to goad the bankers in chicago area. he created the mess and you rewarded him w the presidency. nice going.

Originally Posted by catchsky

Yes, the fine print is fair. Anytime you have an agreement, it's your job to read it. I don't understand this bullshit about how these people who took these mortgages didn't understand the terms. Freakin' read the documents you sign. You're not buying a freakin hamburger, you're buying a house, it's your job to read what you sign or be held accountable. It's no excuse you didn't read the damn agreement you signed. Once again, liberals excusing irresponsible people. Usually the dems/ libs want the responsible people (taxpayers, mortgage payers, health insurance purchasers) to pay for the irresponsible people. LET THE IRRESPONSIBLE PEOPLE REAP WHAT THEY SOW!!

I did NOT excuse irresponsible people or excuse them from reading the documents they sign. But concealing undesireable features of a contract in fine print, although legal, does not represent openess and is not a sign of integrity in the businessman.

Originally Posted by cortevans

Tell me one thing that Barack Obama has done that is good for the country?

3. He expanded the Small Business Administration's start up loan program for new business's. This is particularly important given the tight credit we have been seeing and the importance of small business's in creating jobs.

Originally Posted by stilllookin379

3. He expanded the Small Business Administration's start up loan program for new business's. This is particularly important given the tight credit we have been seeing and the importance of small business's in creating jobs.

hey thats fucking great, at a time when noone can really or probably shouldnt start a small business, the obamanazi's can give a lick and and a promise to the engine that drives 70% of our job growth. how many restaurants and gas stations have gone out of business in YOUR town this month? unless you are in DC ill bet its plenty.

Originally Posted by peterwpb50

hey thats fucking great, at a time when noone can really or probably shouldnt start a small business, the obamanazi's can give a lick and and a promise to the engine that drives 70% of our job growth. how many restaurants and gas stations have gone out of business in YOUR town this month? unless you are in DC ill bet its plenty.

This way, the Dems / liberals can give losing loans to their comrades.

BUT LOWERING TAXES, to help create jobs, NOT A FREAKIN' CHANCE!!!

Originally Posted by peterwpb50

no projection, fact, look it up


find out what he and ayers did w the annenberg trust

Cool! Now I can blame reagan for the hostages in iran during the 70's. Awesome!