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Watch Your Retirement DISINTEGRATE

Bullhauler

Well-known member
I have noticed that Mike has never mentioned the fact that the dow average was lower the day Bush left office then the day he took office eight years earlier.
 

aplusmnt

Well-known member
reader (the Second) said:
What, do you think that none of us are paying attention to our retirement?

If the media and the GOP would stop predicting doom and gloom, I would be more optimistic. Your boy got us into this over an 8 year period and you are expecting a new administration to get us out in a couple of months?!

The change of administration should have happened a long time ago. Timing could not have been worse and now the feckless GOP is adding insult to injury by caring more about getting back in office in 4 years than about the fate of the country.

We will remember this behavior.

Poor people not paying their mortgages got us in this mess, and who is it the Democrats coddle? Yea you guessed it the poor people. This Recession never happens if you go back 12 years or so and not start forcing or rewarding banks to make bad loans. Who Started that? Clinton!

Heck this Recession does not happen if you go back just 5 years or so and the Democrats listen to Bush when he says Fannie and Freddie are to big and need regulation. How many times was it Bush said we have to do something about them? And how many times was it Barney Frank said o know they are in good shape?

For someone who likes to talk about how smart you are, you sure give proof that contradicts.

And many recessions have came and gone, heck Bush got us out of one in a matter of months even with 911 hitting us! Why can can the Messiah not also?
 

hypocritexposer

Well-known member
The thing is everyone is hurting. I lost at least 40% of my retirement and I don't have 20 years to build it up again. I'm an aging single woman but I know that many are much much worse off. I feel for them and I'm praying that this GLOBAL recession can be turned around in now too many years.

The glee and the constant little posts to show how bad off we are is mean-spirited.

This did not happen on Obama's watch so hoping for the US and the world to remain in its downward economic fall so as to chortle in glee is disgusting considering your pals George, Dick, and Paulson had the reins for two consecutive terms.

2 Trillion was taken out in Equity loans from 2001 to 2006, those people are in trouble now, blame them too, they might even be your neighbor. No glee, and HA HA here, just trying to show some what they have done by voting a guy in that is robbing you, your children and their children's grandchildren of.

95% will get a tax savings, my a$$. We'll be paying for this Socialist for centuries.
 

Mrs.Greg

Well-known member
hypocritexposer said:
Psst, Mrs Greg!, read up on ACORN, and the CRA!
Psst....soooo trying to blame bank managers ,like you guys trying to blame unions,poor people,Obama,Clinton,doesn't sit well with you,well tough shite,if you guys can play like 8 yr old bully's in the school yard I'm going to start too.Seems to be the only way to get a point across in here...... :pretty:

There's probably a million reason's our country's are in the financial shape they're in and poor people are probably at the VERY bottom of that list!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 

hypocritexposer

Well-known member
I didn't say anything about poor people!

I mentioned one radical group that uses their power to misinform and incite anger and hate, and a misguided program that was developed by government and taken advantage of!

Government Oversight, at it's best.
 

Mrs.Greg

Well-known member
hypocritexposer said:
I didn't say anything about poor people!
My post was geared to Aplus's mention of poor people.....hence the psst aplus,then you psst'ed me...and the rest is history :wink:

Now are you agreeing with aplus that it was the poor people not paying their mortgages got us into this mess or me,that there's a million reasons we are in this mess{well,mess to some,I don't really feel its a mess,I feel like we'll get people back to the basics and even playing fields,financial set backs aren't always a bad thing and CAN be a great thing...IMHO}
 

hypocritexposer

Well-known member
Obama is planning to spend about 20 trillion, in his 4 year term, it will never get back to normal, if he does.

Sorry, those are the facts!

And yes the American Dream of owning a house contributed to this disaster in a big way.

People didn't take out equity loans to pay for powered milk, they took it out to buy that big screen and the 25 DVD package.

My buddy's wife took out their their life savings, to gamble, and lost!

There is blame to go around, and if everybody was to follow God given laws, there would be no mess, and no need for more laws.

People caused this, and they are looking to a Savior to get them out, they are praying to Obama, that's the wrong thing to do!

Go ahead now you can talk about Rush's man boobs! Don't forget to mention Oprah's fat a$$ while you're at it.
 

Mrs.Greg

Well-known member
:shock: Whoa...you TOTALLY lost me on that last sentence :?


Here's what I think....There should be NO bailouts whatsoever for the Auto industry,they F'ed them selves up by over pricing vehicals,giving out ridiculous wages to the workers AND the management!

Maybe remortgaging the homes,for the simple reason,people need homes to live in and flooding the market with open homes nobody can buy is stupid.

People got us into this NOT Presidents OR Prime ministers but people and I feel for Harper and Obama that think they need to bail out these people. It does kinda Pisss a person off that's ALWAYS paid their bills and lived within their means when their retirement plans are hitting the bottom,but I'm ok with that to get back to the basics.
 
A

Anonymous

Guest
Mrs.Greg said:
It does kinda Pisss a person off that's ALWAYS paid their bills and lived within their means when their retirement plans are hitting the bottom,but I'm ok with that to get back to the basics.

Yep it Pizzzz's everyone off-- especially because much of it was because of GREED over ETHICS-- but now we're to the point, do we call the Fire Dept to fight and put out the fire they started- or do we let it burn to punish them- and in doing so burn our place out too..... :???:
 

Faster horses

Well-known member
Sorry, Mrs. Greg, that dog won't hunt. Government did get us into this mess.

Clinton set it up so that people who couldn't afford homes would
be able to buy them. The regulations were changed so that houses
couldn't be afforded were bought by people who couldn't afford them. The down payment was done away with in order to get these people in
houses.

Eisenhower wanted a chicken in every pot, Clinton wanted everyone
in a house, whether they could afford it or not.

Oh, BTW, Bush asked 17 times that Fannie and Freddie be
more regulated.
 

Mrs.Greg

Well-known member
Oldtimer said:
Mrs.Greg said:
It does kinda Pisss a person off that's ALWAYS paid their bills and lived within their means when their retirement plans are hitting the bottom,but I'm ok with that to get back to the basics.

Yep it Pizzzz's everyone off-- especially because much of it was because of GREED over ETHICS-- but now we're to the point, do we call the Fire Dept to fight and put out the fire they started- or do we let it burn to punish them- and in doing so burn our place out too..... :???:
I don't know,good question. I'm leanin to the letting our place burn down,we can always rebuild and the ones that were playing with matches to begin with, hopefully, learned their lesson!!!
 

TSR

Well-known member
Mrs.Greg said:
hypocritexposer said:
Psst, Mrs Greg!, read up on ACORN, and the CRA!
Psst....soooo trying to blame bank managers ,like you guys trying to blame unions,poor people,Obama,Clinton,doesn't sit well with you,well tough shite,if you guys can play like 8 yr old bully's in the school yard I'm going to start too.Seems to be the only way to get a point across in here...... :pretty:

There's probably a million reason's our country's are in the financial shape they're in and poor people are probably at the VERY bottom of that list!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Mrs. Greg, although I have an extreme dislike for welfare cheaters, I believe You Hit The Nail On The Head with your last statement.
 

Mrs.Greg

Well-known member
Faster horses said:
Sorry, Mrs. Greg, that dog won't hunt. Government did get us into this mess.

Clinton set it up so that people who couldn't afford homes would
be able to buy them. The regulations were changed so that houses
couldn't be afforded were bought by people who couldn't afford them. The down payment was done away with in order to get these people in
houses.

Eisenhower wanted a chicken in every pot, Clinton wanted everyone
in a house, whether they could afford it or not.

Oh, BTW, Bush asked 17 times that Fannie and Freddie be
more regulated.
For one thing Faster,its not just the US that's in this bind,so just blaming your government doesn't just set right with me.

Here's a story,when greg and I were just starting out,some Riverland pasture came up for tender,we WANTED that land BAD!Farm credit was booming then handing out loans left right & centre,we thought we'd get the money from them. Only wanted an OK to borrow the money we were putting in for tender.... :) Ohhh they'd give us the money ONLY if we added another 250,000 to the asking number,so we could put that many cattle on the land,etc...to a young couple with stars in their eyes,GREAT deal....but not to us,we were terrified about paying that money back,ever!!! We went to our bank,they gave us the ok on the tender we wanted and paid the loan back in 10 yrs. People NEED sense,you DO NOT borrow money you cannot pay back and the banks need sense NOT to give money to people that can't pay the loans back. And that's not just "poor" people. Alberta's just coming out an oil boom,guys were making sicking amounts of money,but instead of doubling and tripleing their mortgage payments,they bought big duallys,the best RV's,hot tubs,vacation homes...get my point. NOW their out of work and have NO IDEA when they'll get back to work.

OH and BTW....Farm credit went under :D

A question about the homes...why were affordable homes not built but homes that weren't affordable...governments fault or the contractors& builders faults :???:
 

Tam

Well-known member
reader (the Second) said:
What, do you think that none of us are paying attention to our retirement?

Since most have lost their retirements because of the Stock Market crash you would think that the President of the US would at least keep his mouth shut about the fact he doesn't care about the DOW dropping into the basement, while he pushes his health care and green agenda that are going to put the US in further DEBT.

If the media and the GOP would stop predicting doom and gloom, I would be more optimistic.

OMG Obama uses the word "crisis" in a speech 26 times, it was so bad even Bill Clinton said he needed to stop the gloom and doom. How many times have we heard "this is the worse economy since the Great Depression" from the Dems.? You say "If the GOP would stop" :roll: :roll: :roll: BTW the economy was worse during the first years of Reagan but he used CUTS in both Taxes and spending to get out of it not tax hikes and hugh spending bills every other week.

Your boy got us into this over an 8 year period and you are expecting a new administration to get us out in a couple of months?!

Clinton started the Sub Prime Mortgage crap by encouraging the Banks to enter into the loans in the later years of his Presidency
Obama sued Citibank to force them to make high risk loans.
Barney Franks lies to the public about the trouble of Fanny and Freddy when Bush and McCain tried to get regulations on the Banks. And Reader says "your boy got us into this" :roll: :roll: :roll:


The change of administration should have happened a long time ago. Timing could not have been worse

Remember the economy could have been much better if the Dems would have stayed out of the Banking sector. with their encouraging bad loans and suing and lying about the problems and stonewalling the attempts to regulate the Banks . :roll: :roll: :roll:


and now the feckless GOP is adding insult to injury by caring more about getting back in office in 4 years than about the fate of the country.

Well if pointing out the truth to the US voters is threatening the Dems chance of getting re-elected in four years then maybe the Dems should be looking at their own actions Reader. :roll: :roll: :roll:

We will remember this behavior.

We SURE will remember, the repeated LYING and broken promises of the President. We will remember Turbo Tax Tax Cheat Tim Geithner being appointed to oversee the IRS. We will remember the "little porky items" of a bill that was not to contain any pork. We will remember the White House Chief of Staff and his Left Wing Bias media buddies using planned attacks on any Conservative that dares speak up about the Dems agenda. BTW Why are they using these planned attacks to distract the voters from their inability or want to fix the economy because they feel "a crisis is a bad thing to waste" when they want to push an agenda that will systematically change the US we all grew up in.
"We need to do pass this bill as fast as possible if we are going to fix the economy", "For every month we don't have this bill passed 500 million US jobs will be lost" Bull by passing the White House bills so fast, nobody has a chance to see just what is in those bills that will NOT fix the economy but will further the Democrat agenda to turn the US into a nanny socialist state. Once these Health Care and Welfare Plans are in they will not be rolled back and that will be a drain on the US economy as far as the eyes can see and BEYOND. And Since not many have forgotten the Boston Tea party I think many will remember the re-enactment of that historical event when Obama spoke about bailing out the US housing markets. We best remember all of what is happening not just your selective Republican bashing crap. :x
 
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