There were some definite style points Obama had in his favor. He knew people at home were listening so he talked to the camera part of the time. He looked at McCain when answering. McCain seemed too nervous to look at his opponent and had that nervous laugh. He was best when he got serious. Obama seemed deferential to the rules and moderator’s call to end debate at certain times. Fine. Obama wins on style. Everyone knew that going in. But his answers were by and large so vapid or uselessly argumentative. Dodge the question and blame the other guy. I wish someone had pointed out this is exactly the SAME political stunt that has been used forever. He’s the SAME kind of politician as all the others who run for office. His policies are more of the SAME kind of leftist methods to raise taxes and spending regardless of the circumstances. The only thing different about him is his skin color and who cares about that? It’s the policies, not the pigment of the politician that are important. His policy positions are bad drenched in honeyed words. Hire more federal government, spend more taxes, charge more for businesses to exist in the US. These are bad ideas.

I actually like some of Obama’s ideas, though. Putting government info that should be available to the public out on the net? Good. Trying to get the differing departmental computer systems able to share information? Good. I appreciate a lot of Obama’s technological ideas, but those are methods or, if you will, tactics. His strategy of increasing the size of the government is bad. It’s even worse than Bush’s increase of government because at least Bush tried to fix Social Security by allowing me to invest part of my retirement money before the feds spend it all and then tell me I have nothing. Obama has no similar plans. It sounds like Bush spending on steroids with a winning smile and the slogan “Change You Can Trust”. Nope. Not buying. It’s the SAME old SAME old. Or event the same recent. Don’t want Washington to have more money. I want them to spend less.

Well. Thanks for letting me get that off my chest.

Sorry man, way off the mark.

The point is that most of this happened because freddie and fanny were given incentive to cater to lower income households. The majortiy of which were minorities.
This is made crystal clear in my sources.
You dont like it, thats your problem.

Calling me a racist is just a cheap disgusting underhanded ugly way to shift the blame from what was an example of how entitlement minded procedures are bankrupting this country.

Right now our government has issued the largest implementatuion of socialism I have ever seen as a result of wealth redistribution incentivised by the government thru guarnateeing institutions bail outs in case of failure.
They gave fanny and freddy license to buy up all these failed mortgages no matter who or what small bank issued them.

I have a problem with certain minorities ?

Hardly, how far up did you have to reach to pull that one out ?

I have a problem with bailing those out that dont take the brunt of there actions with personal responsabiblity and approach them with honesty.
I have the same sentiments for all the whites that knowingly took loans they knew they could not afford simply hoping to turn the property before the inevitable happened or counting on the fed to bail them out when that time comes.
It shows an incredible sense of contempt and childish anger to call someone a racist off the cuff simply because you are pointing out how a majority of minorities have become vitims of their own greed, lack of education, info, swindling flim flam loan officers anfd institutions breeding false hopes.

Give it a rest, you look more dumb than you claim me to be racist

“The fact of the matter is that minorities contributed the most to these unpaid mortgages.”

Lie.

“Unfortunatly most of those people, the majority, as we all know are minorities.”

“Most poor people are minorities.”

Lie. (Most are white) http://www.infoplease.com/ipa/A0104520.html

(Notice the poverty rates are higher in the Red States…)

You lied all over the place here. I think you have a personal probalem with certain minorities.

JMJ

Look, that says what I’ve been saying but now you would like to go back your little tricks by engaging in sematics.

“disproportionately”?

Yea, go “DUH” yourself.

I do know what it says because I actually searched for and read them.
That is much more than what you have accomplished so far other than the same ole “take my word for it” tactics.

Your stating the proportiosn of Black and hispanic home ownership is an innaccurate red herring as minorities are more than just the black man.
You’re spinning again because thats all you’ve got. And you have failed to realize that my sources show that there are lower income whites involved also. But the majority of these foreclosures are on minorities.
Get used to it, its not racism on my part just to point out the obvious

You and the party you are voting for make me ill.
You propel false accusations of racism and propoel intentional victimization at the hands of it just so you can convince these people on a regular basis that they are oppresed only so you can promise entitlements in exchage for votes.
Its much like slavery was except you are just using them for a different purpose now.

I never said anyone deserved anything. Please show me where I said that.

I think I proved my points here, Micky. All if them.

JMJ

So, in order to accoplish this you must scream racism at every convenience or slight mention of etnicity.

No I’m not.
You just dont want to deal with the truth.
Its all right there coming from good sources.

Most poor people are minorities.
get over it.

Hmmm…
you asked for data and facts, I give you links and sources., you call me a racist liar and yet you have nothing still to back up any of your claims or assertions.

O.K Jersey.

I’ll take your word for it.

Cuz thats all you ever have anyway

Okay, that it. You’re lying. You still have shown no proof that most of the foreclosures came from minority borrowers. All you’ve done is hypothesized what you obviously want to believe by extrapolation. Blacks only make up about 12% of the popluation and roughly half of them live in their own homes. Hispanics make up about 15% of the population and roughly half of them own their own homes. Blacks average about 3 persons per household and hispanics average about 3.5. Now, looking at this conservatively (ignoring the probability that homeowners probably have smaller families, a typical symptom of the middle classism), figuring the opoulation of the US at 300,000,000, that means that there are roughly 12 million black homeowners and about 13 million hispanic homeowners. That’s 25,000,000 homeowners out of about 122,000,000 homeowners - roughly 20% of homeowners. Now, even if these minorities are twice as likely to default, they would have to be FIVE TIMES as likely to default to equal the number of likely defaults among non-blacks and non-latinos.

Are you following me here, or is math not your thing? (It’s one of my things, ya’ know.)

Now, from what I understand, race is not a filing requirement for foreclusore, therefore there may be no way to ever know just how many of the foreclosures come from minorities, and Lord knows the Bush administartion (standard GOP MO) doesn’t like to keep track of racial demographics. But let’s just say that most of the foreclosures are from minorities - what does that say to you? Minorities are less creditworthy? Less trustworthy? Are minorites more suspetable to the urge to overextend? What exactly are you trying to say about minorities?

Care to retract yet?

JMJ

I am one of the people you are accusing of spreading this so called rumor which is basically just a fact.

————————————————————————————-

“Across the nation, black and Hispanic borrowers helped fuel a multiyear housing boom, accounting for 49% of the increase in homeowners from 1995 to 2005, says Harvard’s Joint Center for Housing Studies. But Hispanics and African-Americans were far more likely to leverage the American dream with subprime loans — higher-cost products for buyers with impaired credit — that are now going bad at an alarming rate.

About 46% of Hispanics and 55% of blacks who took out purchase mortgages in 2005 got higher-cost loans, compared with about 17% of whites and Asians, according to Federal Reserve data. The South Side of Chicago, with a large concentration of minority borrowers, has a high concentration of subprime loans and the state’s highest foreclosure rate. In Boston, where defaults are rising — especially in minority areas — 73% of high-income black buyers (those making $92,000 to $152,000) and 70% of high-income Hispanics had subprime loans in 2005, compared with 17% of whites.
Concentrated foreclosures in minority neighborhoods could reduce property values. The NAACP, National Council of La Raza and other civil rights groups recently called for a six-month moratorium on subprime home foreclosures. Problems are centered on subprime borrowers who took out adjustable-rate mortgages, which are now resetting at higher rates, increasing the monthly payments.

Harvard’s Joint Center for Housing Studies
Federal Reserve data.
NAACP.

These sources are reputable jersey and a lot more than anything you have come up with to disprove me