Comments on: President Bush and Home Ownership

By: Tony

Tony — Sat, 01 Nov 2008 06:50:18 +0000

Last year I was likewise congratulatory towards this country and the world for having survived the Bush presidency (except, of course, the hundred thousand or so Iraqis and several thousand Americans who sadly did not survive), but then the this past year has shown that the damage done by this administration will have lasting effects.

If one were to be a confessed conservative, ala Bill Buckley, where would they go?

By: jmay

jmay — Fri, 31 Oct 2008 22:44:32 +0000

Of course this is a political blog. To quote Stephen Colbert, it’s well known that reality has a liberal bias.

What’s kind of sad is that as much as I hate Bush, in the first video he does look heartfelt about the minority home-ownership idea. That sentiment is ruined of course, by his imperial cowboy approach: “We’ll just take away all the restrictions.” It’s reminiscent of his foreign policy: “We’ll just storm into the middle east and institute democracy at the point of a gun.”

This man has been our President for 8 years. High five!

By: Barry Ritholtz

Barry Ritholtz — Fri, 31 Oct 2008 18:03:49 +0000

Be sure to read the Roundtable (Fed Chairmen and Presidents) interview with Chris Whalen’s dad, who was in both the Nixon and Reagan administrations.

http://www.ritholtz.com/blog/2008/10/roundtable-fed-chairmen-and-presidents/

By: howard432

howard432 — Fri, 31 Oct 2008 16:35:26 +0000

The only correction would be that the entire country lacks a philosophical underpinning. Nobody believes anybody, our institutions are all corrupt, and it seems that sex, drugs, and rock and roll rule

By: ctrader

ctrader — Fri, 31 Oct 2008 15:39:52 +0000

Didn’t know this was a political blog Barry.

535 idiots in the beltway don’t have the financial acumen of a Hooters waitress. Get the gov the hell out of the way. Let the foreclosures fall where they may. Only private capital is going to get us out of this mess.

~~~

BR: Its not. I am trying to show that the rewriting of what actually happened is utterly absurd. Here are 3 Bush speeches, each saying all the things that the extremist idealogues are accusing Fannie/Freddie/CRA of.

Its ironic . . .

By: Winston Munn

Winston Munn — Fri, 31 Oct 2008 15:12:42 +0000

Every time I see this guy speak he reminds me of an ill-prepared highschooler in speech class hoping bravado and swagger will be mistaken for intelligence and preparedness.

Is it time for recess yet?

By: CNBC Sucks

CNBC Sucks — Fri, 31 Oct 2008 14:34:51 +0000

Mornin’, everybody.

“The death spasms of an intellectually bankrupt ideology”…that sounds an awful like my now classic and widely beloved “Captains of a dying economic system” post (http://cnbcsucks.wordpress.com/2008/07/25/captains-of-a-dying-economic-system/). But aren’t you starting to get ideological, Barry? Aren’t you supposed to be digging into the minutae of housing sales trends and expounding authoritatively about “W” technical bottoms on equities? Don’t you start impinging on my rant blog franchise, you. As a registered Republican (riots break out, babies cry), I don’t like to share, friend. Stick to your knitting with rational, objective, sane, evidence-based analysis and leave the ad hominems to me.

By: proof1st

proof1st — Fri, 31 Oct 2008 14:21:10 +0000

Calvin Jones:

American Thinker is a right-wing extremist rag – absolutely. They have an agenda and in the article they cherry-picked the facts to fit in with it.

I dont think they are hiding it or apologizing for it, which is less egregious than when the same thing happens coming from sources we expect to be objective.

Is Obama another Carter? No, Obama is further to the left.

By: Calvin Jones and the 13th Apostle

Calvin Jones and the 13th Apostle — Fri, 31 Oct 2008 14:04:38 +0000

proof1st:
Yes, American Thinker is a right-wing extremist rag. Fits with IBD. I am shocked, shocked I tell you, that they’d blame it all on the left or other boogie men but themselves. Anyone remember Greenspan peddling ARM’s?

By: Calvin Jones and the 13th Apostle

Calvin Jones and the 13th Apostle — Fri, 31 Oct 2008 14:02:10 +0000

Dr. Kenneth Noisewater:
Do you really think Obama is another Carter? I don’t. Will he he FDR redux? Who knows. He’ll be a lot better than Carter though. Do you really think a Carter type could have beaten Clinton in the primaries?