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<blockquote data-quote="BMWMC" data-source="post: 1019501" data-attributes="member: 37461"><p>Lets make some corrections to your perspective 1st.</p><p></p><p>Freddie and Fannie have created more household wealth since there inception than any other quasi-government agency in US history. Both were strong armed by Wall St. and the mortgage industry during the Greenspan/Bush housing bubble (your good economic example) to "get in the M.B.S/ratings 3 card Monty scam game" or be aced out of business. Business they need to extend better terms to lower qualified buyers. A model that had worked for over 50 years. That being said they didn't cause the housing collapse across Europe or the one now in Australia and Canada. Its a straw man argument.</p><p></p><p>Obama's idea are everywhere and had a Republicans in congress during the 1st 2 years allowed more to be done with out filibustering and just plain cooperating we would be in much better shape. Instead on day 1 of Obama's administration Mich McConnell stated plainly his intentions to make him a 1 term president. No minority leader in the history of the US had ever said that on day 1.</p><p></p><p>Obama ending the Iraq war.</p><p></p><p>Killed Bin laden</p><p></p><p>Ended medical bankruptcy.</p><p></p><p>Created the frame work for real reform in healthcare.</p><p></p><p>Appointed true leaders in the N.L.R.B. to safe gaurd and foster union growth.</p><p></p><p>Expanded clean energy projects. The US used to be only 5% of the market and production in the new generation of batteries and now are over 40%</p><p></p><p>Protected medicare and social security from the hands of Wall St. (see Paul Ryans budget)</p><p></p><p>and many more.</p><p></p><p>Open your eyes.</p></blockquote><p></p>
[QUOTE="BMWMC, post: 1019501, member: 37461"] Lets make some corrections to your perspective 1st. Freddie and Fannie have created more household wealth since there inception than any other quasi-government agency in US history. Both were strong armed by Wall St. and the mortgage industry during the Greenspan/Bush housing bubble (your good economic example) to "get in the M.B.S/ratings 3 card Monty scam game" or be aced out of business. Business they need to extend better terms to lower qualified buyers. A model that had worked for over 50 years. That being said they didn't cause the housing collapse across Europe or the one now in Australia and Canada. Its a straw man argument. Obama's idea are everywhere and had a Republicans in congress during the 1st 2 years allowed more to be done with out filibustering and just plain cooperating we would be in much better shape. Instead on day 1 of Obama's administration Mich McConnell stated plainly his intentions to make him a 1 term president. No minority leader in the history of the US had ever said that on day 1. Obama ending the Iraq war. Killed Bin laden Ended medical bankruptcy. Created the frame work for real reform in healthcare. Appointed true leaders in the N.L.R.B. to safe gaurd and foster union growth. Expanded clean energy projects. The US used to be only 5% of the market and production in the new generation of batteries and now are over 40% Protected medicare and social security from the hands of Wall St. (see Paul Ryans budget) and many more. Open your eyes. [/QUOTE]
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