obama just said the stimulus package saved "thousands" of jobs

#1

droski

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#1
what happened to millions?

he also said republicans don't care about getting people back to work. shocking!
 
#2
#2
Personally I got a kick out of the new "lives touched" angle to headcounting.

At some point are we just going to hear "If you still have a job it's proof our plan worked."?
 
#3
#3
Personally I got a kick out of the new "lives touched" angle to headcounting.

At some point are we just going to hear "If you still have a job it's proof our plan worked."?

pretty soon, we'll begin using employment rather than unemployment as the metric. Sounds better to say 90%.
 
#4
#4
he also lamented the millions of americans who lost homes "many of which they couldn't afford them when they bought them." clearly the fault of the bush administration.
 
#5
#5
he also lamented the millions of americans who lost homes "many of which they couldn't afford them when they bought them." clearly the fault of the bush administration.

the rationale of a comment like that is why the idiot should never have been placed at the helm of anything. Called the home "lost" and in the same breath pointed fingers at the bad lenders for letting people too stupid to understand what they could afford have the money to buy the home.
 
#6
#6
i want to be able to borrow as much money as I want. it's up to me to decide if i can't afford it. despite all the preditory lending garbage, every mortgage application by law showed the payment and what in the worst case it could go up to. if you are too lazy even to look at that basic information i dont' feel sorry for you in the slightest.
 
#7
#7
i want to be able to borrow as much money as I want. it's up to me to decide if i can't afford it. despite all the preditory lending garbage, every mortgage application by law showed the payment and what in the worst case it could go up to. if you are too lazy even to look at that basic information i dont' feel sorry for you in the slightest.

why should you take responsibility for your decisions when someone else can?
 
#9
#9
Every time these guys try to deflect responsibility... they're only going to be blamed more. At this point, they aren't believed by anyone except the far left.

BTW, we now have multiple polls with the GOP up by 7-12% in the generic poll. Recent polls show Paul pulling away along with Portman. Angle is tied with Reid and he's thrashing about trying to find some traction on something. The CA Senate polls are within the margin of error as are the WA and Illinois Senate polls. Rubio seemed to be ahead in the most recent polling.

All this and IIRC the Dems have outspent the GOP significantly.
 
#10
#10
he also lamented the millions of americans who lost homes "many of which they couldn't afford them when they bought them." clearly the fault of the bush administration.

Oh, you mean it's not the fault of people not living within their means and it is in fact Bush's fault? Man, he had me fooled.
 
#12
#12
BTW, I am absolutely certain that I have personally saved more "NET" productive, economically feasible jobs than Obama.
 
#13
#13
pretty soon, we'll begin using employment rather than unemployment as the metric. Sounds better to say 90%.

That won't work for exactly the reason I posted in the other thread.

It's a nice thought though. I'm sure they would try if they could get away with it.
 
#14
#14
That won't work for exactly the reason I posted in the other thread.

It's a nice thought though. I'm sure they would try if they could get away with it.

Really? Appears everyone else here thought I was dead serious and that nobody knew anything about actual unemployment vs. reported unemployment.
 
#15
#15
i want to be able to borrow as much money as I want. it's up to me to decide if i can't afford it. despite all the preditory lending garbage, every mortgage application by law showed the payment and what in the worst case it could go up to. if you are too lazy even to look at that basic information i dont' feel sorry for you in the slightest.

This is self-congratulatory. Actually, there is a lot of good science behind marketing practices. Predatory lending practices were applied significantly and effectively. Much of the "basic information" was hidden and certainly never discussed up front.

So, who do we hold accountable? The people who were targeted for deception and were successfully duped, or the Decepticons? They didn't come after you (I'm assuming) or me for sub-prime mortgage contracts.
 
#16
#16
Really? Appears everyone else here thought I was dead serious and that nobody knew anything about actual unemployment vs. reported unemployment.

I must have missed a few posts.

If the board is well informed on reported statistics and actual measurements, whew! That's a lot less work for me!
 
#17
#17
This is self-congratulatory. Actually, there is a lot of good science behind marketing practices. Predatory lending practices were applied significantly and effectively. Much of the "basic information" was hidden and certainly never discussed up front.

So, who do we hold accountable? The people who were targeted for deception and were successfully duped, or the Decepticons? They didn't come after you (I'm assuming) or me for sub-prime mortgage contracts.
Can you imagine being too stupid to know what loan amount and payments you're taking on, yet still thinking that buying a house is for you?

Clearly the problem is the marketers and mortgage brokers. Let's not dare blame the guy that signed up for the note.
 
#18
#18
Can you imagine being too stupid to know what loan amount and payments you're taking on, yet still thinking that buying a house is for you?

Clearly the problem is the marketers and mortgage brokers. Let's not dare blame the guy that signed up for the note.

The reverse is simply: shouldn't the banks be held accountable for making bad loans? They packaged these "products" and those products failed.

GSM.

However, I didn't want to GSM you there (even though I did). The con (to put simply) was offering sub-prime interest rates only to hike them up a few years later unexpectedly. This was not spelled out in a number of cases, and the people targeted were generally not graduates of the University of Tennessee.
 
#19
#19
I must have missed a few posts.

If the board is well informed on reported statistics and actual measurements, whew! That's a lot less work for me!

what the heck would we do with out you to "inform" us
 
#20
#20
they lost hundreds of billions. how have they not been held acocuntable for making bad loans? i suggest you look at the independent underwriters if you want to find someone who hasn't be held accountable. of course 99% of those people are out of jobs.

once again by law every mortgage application listed the worst case scenerio for the interest rate. all they had to was read it. i think that required a 6th grade education.
 
#21
#21
The reverse is simply: shouldn't the banks be held accountable for making bad loans? They packaged these "products" and those products failed.

GSM.

However, I didn't want to GSM you there (even though I did). The con (to put simply) was offering sub-prime interest rates only to hike them up a few years later unexpectedly. This was not spelled out in a number of cases, and the people targeted were generally not graduates of the University of Tennessee.

What? Of course those putting the money out for that note should lose their asses. They did. That's how debt works. Each side, of its own accord, walked into a bad deal. Both get burned. Due diligence exists for a reason, but isn't limited to any single party in the transaction.
 
#22
#22
Translated: to all stupid people out there...do NOT put your name to any piece of paper you haven't let a smart person on your side review first. We realize it is very difficult to resist getting a house that is doubled your means but because you are stupid and someone else is taking advantage of you, you really need someone watching over your shoulder to advise you on all decisions. Until you accept this help, you can put all blame on the predators. Why put blame on you for just being stupid and reckless? You didn't know any better.
 
#23
#23
they lost hundreds of billions. how have they not been held acocuntable for making bad loans? i suggest you look at the independent underwriters if you want to find someone who hasn't be held accountable. of course 99% of those people are out of jobs.

once again by law every mortgage application listed the worst case scenerio for the interest rate. all they had to was read it. i think that required a 6th grade education.

+1

Someone with a $35K/yr salary with car and credit card payments looking at $250K homes ought to be a little more reasonable with their thinking...
 
#24
#24
+1

Someone with a $35K/yr salary with car and credit card payments looking at $250K homes ought to be a little more reasonable with their thinking...

how many of that type note did Fannie and Freddie help happen because they couldn't selectively apply their vision?
 
#25
#25
This is self-congratulatory. Actually, there is a lot of good science behind marketing practices. Predatory lending practices were applied significantly and effectively. Much of the "basic information" was hidden and certainly never discussed up front.

So, who do we hold accountable? The people who were targeted for deception and were successfully duped, or the Decepticons? They didn't come after you (I'm assuming) or me for sub-prime mortgage contracts.

I know this isn't what your professor tells you... as he explains how the elite are called to protect the ignorant masses... but there comes a point where people MUST be responsible for themselves. It wasn't like the info wasn't out there.

BTW, what made sub-prime possible a free market or gov't involvement?
 

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