Who should Biden pick for VP

Who is Elisibeth Warren. Elisibeth is spelled Elisabeth or Elizabeth.

 

Not from everything I have read on it.

 

I don't know what you have read - but you have not shown much in depth understanding of the issue. Did you not watch the documentary film "Inside Job" ? While this is the basics - it is a good place to start.

You didn't comment on any of my points - what doesn't coincide with what you read ? Are you suggesting that Blue Congress was pushing for NINJA loans ? That somehow - giving loans to the poor made the rating agencies rate Junk as AAA ? was responsible for removal of the barriers between retail and investment banks ?

Not sure what you are reading - but if any of the above is being suggested - you are being lied to.

 

What reckless Bush Bush policy.

 

Bush did a lot to help people buy homes and also protect them from unscrupulous lenders.

https://archives.hud.gov/news/2003/pr03-055.cfm


A practical way -- another practical way to help people, first-time home buyers is to make zero down payment loans possible for those whose mortgages are insured by the Federal Housing Administration. In other words, you go to your FHA administration, get your -- get your loan insured, then you don't have to pay a down payment. Right now they have to pay a 3 percent down payment. It doesn't sound like a lot to some. It's a lot to people who are struggling to make ends meet, and who yet still want to realize their dream.
Those are two practical ways to help people cross the hurdle -- the initial hurdle of buying a home. By the way, if we can get the FHA plan in place, it will help 150,000 families buy homes in the first year alone. It's a practical way, again, of encouraging homeownership.
I don't know if you saw Lori. She had a tear in her eye when I introduced her because of the thrill of owning her own home. We want Loris all over the country to feel the same way, to have that great sense of enthusiasm and joy about saying, this is my home. Welcome to my home.
The second way we can help is to make sure that Americans understand what it means to buy a home. You know, I don't know if you've looked at those forms, but there's a lot of fine print. (Laughter.) And if you're nervous about fine print, like a lot of good citizens are, then that may become a stumbling block to buy a home. I'm not going to sign anything that's got all that fine print, people might say.
And there's a practical way to help people and that is through counseling services. You've got good counseling services right here in New Mexico. Home New Mexico is such a counseling service. Tierra decision Sol, in Las Cruces, is a counseling service.
Lori told me she got counseling services. I don't know if there's any counselors here, but there are people all across the country who get help through HUD, that sit down with people like Lori and explain what it means to buy a home, own a home, and the responsibilities with owning a home. They explain the credit policies. They explain what it means to make a monthly payment. They explain what the monthly payments will be. It's a way of compassionate people to help somebody who wants to realize their dream.
As well, under the Fair and Accurate Credit Transaction Act, people will have access to their credit report. And that's important. A lot of people have never seen their credit report before. Now you got access to it.
See, what happens is, people go start to try to buy a home and up pops the credit report, and they say, sorry, brother, your credit isn't any good. You can't buy a home. People need to be able to look at all the hurdles and impediments to buying a home as they go through the process. We don't want people to have their dreams crushed. We want people to realize dreams.
And so I want to thank the counselors who are here for working with the Lori Benavidezes of the world, to explain to them what it means to be a homeowner. As well, we've got to make sure affordable housing is available to more and more citizens. In other words, we've got to provide incentive for homebuilders to build low-income houses, and so I've proposed a single-family affordable housing tax credit. It's a good plan. It's a plan that will make more homes available in parts of America that -- where a lot of homes haven't been built or rehabilitated. It's a good way to encourage people to build homes in barrios, or inner cities. It's a good way to make sure affordable housing is available to citizens from all walks of life.
I also have called upon real estate and mortgage -- the mortgage finance industry to join in our efforts in closing the minority home ownership gap to help low-income people buy a home. And more than two dozen major companies and organizations have stepped up. The Suburban Mortgage outfit here in New Mexico, as well as the Bank of Albuquerque, have committed to extending more loans to low-income families and to financing the construction of more affordable homes.
And I want to thank these corporate citizens for stepping up to the plate and helping the country become a better country by encouraging more people to own their own piece of property. (Applause.)
Homeownership is strong. We need to keep it that way. I want these builders back here employing people. I want people showing up for work. By the way, when it comes to work, we ought to have reasonable immigration policy.

https://georgewbush-whitehouse.archives.gov/news/releases/2004/03/20040326-9.html

 

Looks like this thread has been seriously DERAILED with ranting screeds of extremist rightwing disinformation bovine excrement.

Sad!

While my first choice is Stacy Abrams I suspect any of the options for Biden's VP would defeat Pence in the debate.

 

Well your right I have to take the blame for throwing it off, explaining to another person what he misunderstood about the crash. For that I'm truly sorry. But to say I used Right Wing disinformation, I'm sorry I haven't done that. I put down all my sources and they weren't all or even close to being all Right wing sources. You may not like them and they may be different in what you heard but you'd have to prove them disinformation.

 

Ooooh nice call. Just have it wear black face.

 

I am going to back out so I don't throw this off anymore than I have. If anyone wants to farther discuss it, start a new thread and I'll be glad to discuss it farther.

 

For a real surprise, name Donald Trump!

 

Maybe you should run.

Trump doesn't see **** and he hasn't done ****. Trump loves only one thing, himself. He lied about 'bonespurs', he fornicated with two woman, one a porns star the other a playboy playmate, just after his newly wed wife gave birth, he lies blizzards of lies, he's got mental problems, deep insecurity problems, he cheats at golf, he says stupid things, things no man that is more than half crocked would ever say, especially in front of camera, Jared was bailed out to the tune of $500million because of father in law, Ivanka secured millions of dollars worth of Chinese patents WHILE Trump was negotiating with China, he's been bilking the US taxpayer for millions as every time he goes golfing, an entire security force has to tag along and they stay at his hotels, he golfs more than any president in history, far more than Obama after numerous tweets of him criticizing Obama about golfing, he has a criminal past, 30 years of aiding and abetting Russian oligarchs in their money laundering schemes. he owes two Russian banks hundreds of millions one of the banks directors is now commerce secretary, the other bank is half owned by Putin, he bragged about 'draining the swamp' but his staff is riddled with corruption and scandals, and more indictments than Nixon's staff, and he's totally compromised by Putin, no American bank would touch him, he sued Tim O'brien for 'defamation' and the 'defamation' was that O'brien called him a millionaire instead of a billionaire ( what kind of moron would do that? ) he sued Bill Maher for $5 million for breach of contract, and what was the contract? Trump offered $5 million to Obama for his college transcripts, so, mocking Trump ( he is a comedian, after all ) he offered to pay Trump $5 million to give to his favorite 'hairclub for ******bags' if he could prove he wasn't the lovechild of his mother and an orangutan (then showed a picture of an orangutan in all it's orange glory along side Trump's photo with that classic orange tan ( this is where the "Orange Man" idea came from ) . His Lawyer then sent Maher a letter with a birth certificate 'proving' he had human father, ( and not an orangutan ) and demanded the $5 million, per the 'contract'. Obviously, the judge threw it out of court given that a 'contract' made as a joke is not binding, ( he is a comedian, after all ) not to mention that there was no need to send a birth cert because apparently moron Trmp didn't get the memo that it is impossible for a woman to produce offspring with an animal. He tried to use eminent domain to screw a widow out of her home in order to build a limo garage, he ****ed over the good people of Aberdeenshire Scotland to build a golf course there, he's been sued by over 100 contractors for nonpayment, the kind of **** a cruel SOB does just because he knows he can get away with it, his family defrauded American Taxpayers out of $400,000,000, him and his father were sued by AG NY for discriminating against African Americans, he is accused by 25 women of sexual misconduct, the kind of crap he bragged about on the Access Hollywood tape, he once put a full page ad in the NYTimes screaming for the death penalty for the 'Central Park Five' AFTER they were totally exonerated for murder and rape, I could write another 30,000 words the last of which is that Trump is accelerating america to third world country status. and you are going to sit there and try and convince that Trump is the vision for America to go forward and reclaim her glorious past?

Based on your comments, it's clear you haven't done your homework.

Sorry, the guy you want for the job is NOT Trump. Maybe we don't have that guy, but the WORST guy for that job is Trump

 

Makes 0 difference.

Trump will crush him.

 

Literally the only way Biden could win.

 

Except she’s already said she wouldn’t do it.

 

Horse manure, the loans to low income people who might have a tough time paying it back wasn't the causative factor in the economic holocaust. The American economy could have easily withstood that. To figure out the real cause you have to look at what was one thing that 'but for' it the crash wouldn't have happened. Okay. The primary cause was deregulation, The Gramm-Leach-Bliley Act was the ultimate cause, which repealed the salient aspects of Glass-Steagul. Senators Gramm, Leach and Bliley were all republicans, and given that Clinton was a semi-neoliberal, he was easily duped into signing it. But was signed into law in the last year of Clinton's presidency, which ended in billion dollar surplus. Things really started getting out of hand during Bush, and Bush ignored all the signs of trouble, as his attention was focused on Afghanistan and Iraq. Bush could have done something about it, but he did nothing. Anyone near the action could see where the quasi-ponzi scheme would eventually end. But, Alan Greenspan, Bush, et al, all believed that the free market would work itself out.

This law allowed banks to package those bad loans as security for exotic paper like credit default swaps and 'synthetic collateralized debt obligation derivatives' and the complex story involves a number of speculators who bet against subprimes with these exotic paper instruments, notably one hedge fund manager named John Paulson. who profited to the tune of $5 billion in one year. This is the reason for Dodd-Frank legislation. And now Trump is dismantling it again.

What really happened, plus a lot of other bad ****, is explained in the film "the Best Democracy Money Can Buy" it's free on Amazon prime.

 

It seems like a lot of Democrats have been into that at some point in their life so should work out fine.

 

Condoleezza Rice

 

Thanks, definitely got a laugh from this one: N o Y o u D i d n ' t. hahaha....

 

I’m to the point I just have to laugh at all of it. Then I think of what those like MLK would feel about where we are after all their sacrifices, picking “leaders” based on skin tone and whether they have (had) balls or not, and I’m saddened a little.

 

Whole lot of **** to unpack with respect to our federal government, no doubt. Nevertheless, that line there was worthy of standup comedy, for me anyway.

 

The obvious choice, Michael Avanti.

 

Then there is Tank.

Take Note: Tank uses a typical democrat augmentative slight-of-hand as the basis for pushing for illegal aliens to vote when she states "50% of population under 15 are from communities of color..." This is true. BUT, her figure of 50% also includes legal citizen Hispanics, Asians as well as natural born African Americans. But what would a democrat talking point be with much if any truth attached to it????

 

Apparently, Stacey Abrams isn’t Biden’s pick.

 

Lets see. Who was President?
Oh. That's right. Republicans don't lead, as a matter of fact they take no responsibility at all.

 

Didn't need to read further.

Let me get one thing straight - I am not an Obama supporter. On the contrary - some of the best arguments against Obama are mine. Happy to give you the list .. and its long.

One thing Obama is not responsible for - in any significant way - is the 1.4 Trillion dollar deficit - and collapsed housing market, and stock market he inherited - and in his first weeks actually setting foot in the White House - he learns that the financial system is about to collapse - not just the US system - but the world Financial system.

Numbers - Budget proposed by Bush in Feb 2008 (never accepted but it matters not) - was 3.1 Trillion - on expected revenue of 2.7 Trillion.

- Expected deficit 400 Billion. This was baked into the 2009 fiscal year - prior to Obama setting foot in office.
- TARP - Enacted under Bush - 250 Billion
- Revenue plunged from 2.7 Trillion down to 2.1 Trillion for the year - a whopping (600 Billion) dollar drop.
- Stimulus spending by Obama - related to the Crash - Bipartisan - accounts for the remaining 150 Billion.

As stated - the causes of the crash are many - this happened over a long period of time - and there are certain measurements done.. such as the amount of subprime. Many have posted this chart but there is a huge spike around 2003 - concerns were vocalized - it is not like they were not discussing the situation - not like the Fed was ignorant of what was happening. -

So what was discussed ? - How about "Hmmm .. why did the sub prime% of the market increase by 100-200% in a year"

And here I leave it to you - what is the answer to that question - given the "credit to the poor" was already factored in = doesn't factor into the increase.