Obama is not elected yet but the plan for more spending has already started.

[Krimson X]

Originally Posted by FSETH

Krimson, you may have touched on this and I just missed it, but how does Obama plan on helping the people who have mortgages that aren't right for them and not in some indirect way help the lenders? Obama thinks that McCains plan will benefit lenders, but his will as well as far as I can see.

Also, lets not forget that it is the Democrats that got us here in the first place. Slick Willy is partially responsible for lowering Fannie Mae's standards to what they are today.

Lets really step back and look at the situation; a Democratic President loosens Fannie Mae requirements, more Democrats from the Clinton admin (Franklin Rianes and others) are appointed to run Fannie mae, Republicans warn that Fannie Mae is getting out of control, Franklin Rains gets his pockes fat to the tune of millions of dollars in Fannie Mae bonuses, Barack Obama appears to be one the the highest compensated senators with regard to Fannie Mae funds and you think we should actually let the Democrats and Barack Obama of all people correct the problem? Are you serious? Don't you think the Dems have had control of Fannie Mae and the mortgage industry long enough? It hasn't really worked out that well, has it?

Obama proposes going after and assess fines against unscrupulous lenders who deceptively sold subprime mortgages to millions of Americans.

That may work to hlep prevent this from happening in the future, but how is assessing fines to "unscrupulous lenders" that may or may not even be in business anymore going to change the situation we are currently in? If we do that the economy and mortgage industry is going to immediately recover because we got he bad guys? Yeah right. More political heart string tugging.

"We can't wait to help workers and families and communities who are struggling right now -- who don't know if their job or their retirement will be there tomorrow; who don't know if next week's paycheck will cover this month's bills," Obama said.

By fining banks and lenders and creating jobs? That is how Obama thinks he is going to make the situation better in the imediate future for middle class families? I guess he would say that McCain hates new jobs. Who doesn't want to create new jobs?

The immediate solution is a three month moratorium on home foreclosures. He also called for a $3,000 tax credit for each additional full-time job a business creates. That means a business that adds five jobs would get a $15,000 break. That would end after 2010 and would cost $40 billion, the campaign estimates.

Obama also is proposing letting people withdraw up to 15 percent of their retirement funds, to a maximum of $10,000, without any penalty this year and next. They would still have to pay normal taxes on the money. He said letting people dip into their IRAs and 401(k)s would help them get through tough times when money is tight.

The question is whether McCain's plan will work.

[Krimson X]

Originally Posted by FSETH

Here is the problem with Ohio. In many parts of the state they are stuck in the Industrial age. It is getting better though and some new technology business are opening their doors. I lived there the first half of my life and visit all the time. I was just outside Cleveland last week. The whole state is very industrial and aggricultural based. The Steel Mill of all places is the big draw in the city of Lorian, just west of Cleveland. The Ford plant has closed down a few large plants in the area and no new industries are moving in.

Areas like this are hit really hard when the real estate market takes a turn for the worse because the real estate and construction industries have such an impact on every other aspect of the market. The less people buy cars the less auto plants need steel then people get laid off, homes go into foreclosure, and so on.

I agree 100 percent. Most of my clients consist of foreign and domestic automobile manufacturers. As you know, the big three asked for a $25b loan a few weeks ago and got it because they were having a tough time paying for operational expenses. I became somewhat concerned that my invoices may not get paid next month.

Part of the solution is retooling some of these old industries for new innovation.

[Quicksilver]

"There are plenty of intelligent people in this country but only a small percentage of them are capable of being President of the United States"

The last 8 years have certainly proven that. Funny thing is; they all
dress alike.

Originally Posted by FSETH

The sad part is that so many people support this no talent ass clown.

And people, please save your posts about how smart he is. There are plenty of intelligent people in this country but only a small percentage of them are capable of being President of the United States. He has done nothing and proposes nothing, except change of course.

[Dannyell]

Originally Posted by Wagner

change...duh.

Can Help A Nigga Get Elected heard it on SAT radio...so thats why he keeps saying it...

[B-Line]

Originally Posted by FSETH

There are plenty of intelligent people in this country but only a small percentage of them are capable of being President of the United States. He has done nothing and proposes nothing, except change of course.

Whilst I agree with you. There are also plenty of non-intelligent, poorly educated, nonsensical speakers who are NOT capable of being President of the United States.
- Sara Palin for example.

She is the worst ticking time bomb this country could ever imagine, worse than if W. Bush cloned himself 10 times and appointed all of his stupider clones to important, key positions within the cabinet.

So while McCain would probably be the better pick of Presidents, he is not the better ticket with crazy lady waiting for him to kick the bucket.

[FSETH]

Originally Posted by Quicksilver

"There are plenty of intelligent people in this country but only a small percentage of them are capable of being President of the United States"

The last 8 years have certainly proven that. Funny thing is; they all
dress alike.

Don't get me started on "W".

[FSETH]

Originally Posted by B-Line

Whilst I agree with you. There are also plenty of non-intelligent, poorly educated, nonsensical speakers who are NOT capable of being President of the United States.
- Sara Palin for example.

She is the worst ticking time bomb this country could ever imagine, worse than if W. Bush cloned himself 10 times and appointed all of his stupider clones to important, key positions within the cabinet.

So while McCain would probably be the better pick of Presidents, he is not the better ticket with crazy lady waiting for him to kick the bucket.

I completely understand that Palin has turned away some McCain supporters. I don't happen to agree with her on some major issues myself, but I look at it in a slightly different way. I feel like it is more important to vote for the President, not for who the President will be if something were to happen to the person originally was elected.

[MiCkEy]

Originally Posted by FSETH

The sad part is that so many people support this no talent ass clown.

And people, please save your posts about how smart he is. There are plenty of intelligent people in this country but only a small percentage of them are capable of being President of the United States. He has done nothing and proposes nothing, except change of course.

Not that I support him, but in my humble but highly accurate opinion, if GWB can become a president, anyone can. I say bring the bar even lower and see what happens.

[Quicksilver]

It would be a long thread for sure

Originally Posted by FSETH

Don't get me started on "W".

[B-Line]

Originally Posted by FSETH

I completely understand that Palin has turned away some McCain supporters. I don't happen to agree with her on some major issues myself, but I look at it in a slightly different way. I feel like it is more important to vote for the President, not for who the President will be if something were to happen to the person originally was elected.

It's not about disagreeing with her on issues. I disagree with Obama on the majority of his issues, but I still think he has the basic and core qualifications it would take to run this country, intelligence with an ability to communicate.

Palin has no ability what so ever to lead this country.

And while I agree with you that we should be voting for a President and not a vice president, the likelihood of Palin seeing the oval office from the seat of Commander in Chief is far too plausable to ignore it.

I hate to play the "WHAT IF" game... But "WHAT IF" she does become President? I'd rather vote for someone whose ideals are different than mine but at least has intelligence and a thought process than someone who should never be working outside of small government... Let alone the White House.