Obama already one of the best Presidents?

Originally posted by no1marauder
Utter nonsense. From the link I provided of the book you keep talking about:

While nobody mistook Wall Street banks for charity organizations, the degree to which these firms embraced and facilitated corrupt mortgage lending was stunning. Their greed and self-interest took the mortgage mania to heights (or depths, depending on your view) it could not ...[text shortened]... ms would also push the nation's economy into its most serious recession in more than 75 years.

I read all of that.

Wall Street would never have had the opportunities with Fannie. Wall Street makes money on financial transactions. It's what they do. If you expect wolves not to eat sheep, the sheep had better be fenced in and well guarded.

Fannie led the wolves to the sheep, and provided a blood trail to do it.

This all started from the mistaken notion that "everyone ought to be able to enjoy home ownership".

Originally posted by normbenign
I read all of that.

Wall Street would never have had the opportunities with Fannie. Wall Street makes money on financial transactions. It's what they do. If you expect wolves not to eat sheep, the sheep had better be fenced in and well guarded.

Fannie led the wolves to the sheep, and provided a blood trail to do it.

This all started from the mistaken notion that "everyone ought to be able to enjoy home ownership".

That notion is not mistaken.

Originally posted by normbenign
I read all of that.

Wall Street would never have had the opportunities with Fannie. Wall Street makes money on financial transactions. It's what they do. If you expect wolves not to eat sheep, the sheep had better be fenced in and well guarded.

Fannie led the wolves to the sheep, and provided a blood trail to do it.

This all started from the mistaken notion that "everyone ought to be able to enjoy home ownership".

This is ridiculous; your own source says what you are saying is nonsense.

Originally posted by badmoon
I will say that historically he is one of the most significant presidents.

yes anyone that can get a Nobel Peace prize for nothing must have some secret...
significant in that he has done literally nothing he said he would do,, yes, that is significant..I'm still waiting for his open dialoge witrh Iran,,,?

Originally posted by Hugh Glass
yes anyone that can get a Nobel Peace prize for nothing must have some secret...
significant in that he has done literally nothing he said he would do,, yes, that is significant..I'm still waiting for his open dialoge witrh Iran,,,?

Well then, why are Republicans trying to hard to overturn health care reform?

Originally posted by Kunsoo
Well then, why are Republicans trying to hard to overturn health care reform?

because it's an albatross? I love Pelosis quote, "we have to pass it before we can see what's in it" honestly, where do these people come from..proof that if you have enough money, any idiot can get in...
further proof, Obama figures he needs a a billion dollars to get re-elected, funny how record and merit won't cut it hey?
God Bless America, and save us from this whacko...