Bush is the worst ever!

PJ_Lukin
PJ_Lukin Posts: 2,055
edited January 2008 in A Moving Train
Civil rights eroded, War in Iraq, the Economy, health care in crisis, Education in crisis.

What the fuck has this guy done right?

No one is even close to this douche bag, he is the worst ever.
~!~ Peace ~!~ Love ~!~ Pearl Jam ~!~
Post edited by Unknown User on
«1

Comments

  • jlew24asu
    jlew24asu Posts: 10,118
    bush didnt approve subprime loans. healthcare is crisis? wtf? I get excellent healthcare.
  • anotherclone
    anotherclone Posts: 1,688
    I work in the mortgage industry.

    George Bush DID push for lenders to get more creative in their financing for homeownership. He was the one that initiated zero downpayment FHA (government) loans and loan programs whereby sellers could "gift" money to buyers for their downpayment and closing costs.

    http://www.ameridream.org/About/PressReleases/2004/AmeriDream%20Responds%20to%20FHA%20Zer

    and

    http://www.washingtonpost.com/wp-dyn/content/article/2006/01/20/AR2006012000803.html

    Sellers and buyers would increase the home sale price to cover the buyer closing costs, thereby inflating the home value. Then the seller would credit the buyer that money for their closing costs. The seller gets the money they want from the sale and the buyer gets into the home with no money down or in some cases, even cash back. This was all legal and a common occurrance. I'm not even talking about these so-called "sub prime" loans.

    Now a majority of those people who couldn't save a couple thousand dollars for a down payment to begin with, are suffering because they can't afford their payments on their over valued houses. They can't sell those homes either because to do so would be a "loss" to them. So, what do they do? walk away and let the lender foreclose.
  • Solat13
    Solat13 Posts: 6,996
    http://www.usnews.com/usnews/news/articles/070216/16president.buchanan.htm
    - Busted down the pretext
    - 8/28/98
    - 9/2/00
    - 4/28/03, 5/3/03, 7/3/03, 7/5/03, 7/6/03, 7/9/03, 7/11/03, 7/12/03, 7/14/03
    - 9/28/04, 9/29/04, 10/1/04, 10/2/04
    - 9/11/05, 9/12/05, 9/13/05, 9/30/05, 10/1/05, 10/3/05
    - 5/12/06, 5/13/06, 5/27/06, 5/28/06, 5/30/06, 6/1/06, 6/3/06, 6/23/06, 7/22/06, 7/23/06, 12/2/06, 12/9/06
    - 8/2/07, 8/5/07
    - 6/19/08, 6/20/08, 6/22/08, 6/24/08, 6/25/08, 6/27/08, 6/28/08, 6/30/08, 7/1/08
    - 8/23/09, 8/24/09, 9/21/09, 9/22/09, 10/27/09, 10/28/09, 10/30/09, 10/31/09
    - 5/15/10, 5/17/10, 5/18/10, 5/20/10, 5/21/10, 10/23/10, 10/24/10
    - 9/11/11, 9/12/11
    - 10/18/13, 10/21/13, 10/22/13, 11/30/13, 12/4/13
  • jlew24asu
    jlew24asu Posts: 10,118
    anotherclone wrote:
    I work in the mortgage industry.

    George Bush DID push for lenders to get more creative in their financing for homeownership. He was the one that initiated zero downpayment FHA (government) loans and loan programs whereby sellers could "gift" money to buyers for their downpayment and closing costs.

    http://www.ameridream.org/About/PressReleases/2004/AmeriDream%20Responds%20to%20FHA%20Zer

    Sellers and buyers would increase the home sale price to cover the buyer closing costs, thereby inflating the home value. Then the seller would credit the buyer that money for their closing costs. The seller gets the money they want from the sale and the buyer gets into the home with no money down or in some cases, even cash back. This was all legal and a common occurrance. I'm not even talking about these so-called "sub prime" loans.

    Now a majority of those people who couldn't save a couple thousand dollars for a down payment to begin with, are suffering because they can't afford their payments on their over valued houses. They can't sell those homes either because to do so would be a "loss" to them. So, what do they do? walk away and let the lender foreclose.

    ah cool. thanks for the info. I stand corrected.
  • Dylan Stone
    Dylan Stone Posts: 1,145
    PJ_Lukin wrote:
    Civil rights eroded, War in Iraq, the Economy, health care in crisis, Education in crisis.

    What the fuck has this guy done right?

    No one is even close to this douche bag, he is the worst ever.

    And he can't say "nuclear."

    Nor does he read newspapers.

    But I'll bet the execs at Haliburton and Kellog, Brown and Root love him !
  • jlew24asu
    jlew24asu Posts: 10,118
    GTFLYGIRL wrote:
    And he can't say "nuclear."

    Nor does he read newspapers.

    But I'll bet the execs at Haliburton and Kellog, Brown and Root love him !


    HAL is actually about 10 bucks lower from where it was 2 years ago. KBR just went public not too long ago.

    you do know they are the best at what they do right? but yes, they are happy with bush
  • PJ_Lukin
    PJ_Lukin Posts: 2,055
    Solat13 wrote:
    http://www.usnews.com/usnews/news/articles/070216/16president.buchanan.htm
    http://www.usnews.com/usnews/news/worstpresidents/index.htm


    There will be a new one on there in about 12 months.
    ~!~ Peace ~!~ Love ~!~ Pearl Jam ~!~
  • josevolution
    josevolution Posts: 31,814
    i said that to my brother in law and he said no i was like :eek: :confused: :mad: to wtf ....
    jesus greets me looks just like me ....
  • Dylan Stone
    Dylan Stone Posts: 1,145
    jlew24asu wrote:
    you do know they are the best at what they do right? but yes, they are happy with bush

    How would we know if they were best. They have "won" many $$ millions in "NO BID CONTRACTS!"
  • jlew24asu
    jlew24asu Posts: 10,118
    GTFLYGIRL wrote:
    How would we know if they were best. They have "won" many $$ millions in "NO BID CONTRACTS!"

    yea and that sucks but they do actually work in places other then Iraq. HAL was founded in the early 1900s it didnt sprout up out of nowhere because of bush.
  • macgyver06
    macgyver06 Posts: 2,500
    jlew24asu wrote:
    bush didnt approve subprime loans. healthcare is crisis? wtf? I get excellent healthcare.


    you dont think health care is in crisis :)

    drop your insurance than cut your head open... go to the emergency room.... get it stitched up and tell me what kind of bills you get over the next couple weeks :)


    than you will understand the frenzy
  • Dylan Stone
    Dylan Stone Posts: 1,145
    jlew24asu wrote:
    yea and that sucks but they do actually work in places other then Iraq. HAL was founded in the early 1900s it didnt sprout up out of nowhere because of bush.

    Oh no....I know that! Halliburton....and Brown and Root did TONS of work in Vietnam as well....hmmmm.....Texas $$? LBJ?

    The war machine keeps rockin in the free world.
  • anotherclone
    anotherclone Posts: 1,688
    macgyver06 wrote:
    you dont think health care is in crisis :)

    drop your insurance than cut your head open... go to the emergency room.... get it stitched up and tell me what kind of bills you get over the next couple weeks :)


    than you will understand the frenzy

    I agree with you.

    hell, that's even an extreme case that you've outlined. think of the millions of people with cancer that have to pay huge out of pocket co pays and deductibles for treatment just to meet their "good" insurance company's deductible requirement. Forget about the times that the insurance company says "that is not a covered item" and you just have to fork out the dough anyway. Its either that or die.

    Ooops, maybe I'm projecting from my own experience. Carry on. :D
  • surferdude
    surferdude Posts: 2,057
    macgyver06 wrote:
    drop your insurance..
    Why would anyone do something that stupid?

    Same with the housing thing. Why would anyone buy a house they can't really afford. Zero down is a great option for some. I don't understand blaming the government because so called responsible adults made poor house purchasing decisons and boutgh what they truly could not afford. Do I get to blame the government if I gamble away too much money while in Vegas? I should be able to blame the government, after all they've provided the means for me to be an idiot. And isn't it the governments role to protect me from myself.
    “One good thing about music,
    when it hits you, you feel to pain.
    So brutalize me with music.”
    ~ Bob Marley
  • macgyver06
    macgyver06 Posts: 2,500
    surferdude wrote:
    Why would anyone do something that stupid?

    Same with the housing thing. Why would anyone buy a house they can't really afford. Zero down is a great option for some. I don't understand blaming the government because so called responsible adults made poor house purchasing decisons and boutgh what they truly could not afford. Do I get to blame the government if I gamble away too much money while in Vegas? I should be able to blame the government, after all they've provided the means for me to be an idiot. And isn't it the governments role to protect me from myself.


    this is true...but when an economy appears to be good..stupid people are led to believe anything...now they are losing their homes and dont understand why.
  • anotherclone
    anotherclone Posts: 1,688
    I'm totally with you on how can buyers get into that position? You would think people would know better. Especially the ones with the sub prime loans. It is disclosed to them what their interest rate is and if it is adjustable how and when it will adjust. They really should know better. Claiming ignorance now, is really, just...well...ignorant on their part. Forgive me for saying so if anyone has found themselves in that position.

    Some buyers are uneducated. I don't mean just about home buying, but in general. They were hearing that the housing market was a good investment and rates were low. For a lot of people it is a good investment. For some people that hear "no money down", they start to think "hey I can do that, I'm spending XX per month in rent anyway". They call a lender who approves them and not a scheister either. I'm talking a big nationwide lender.

    In reality, a large portion of these people were the type of people that were "one paycheck away from disaster". Because they really didn't invest financially (in the form of a downpayment) in the property to begin with, they just feel like they can walk away. And they do.

    If the loan program has not been made available, they would not have sold on it or chosen it. The zero down program was destined to fail from the get-go.

    (I should say "in my opinion" ;) )
  • jlew24asu
    jlew24asu Posts: 10,118
    macgyver06 wrote:
    you dont think health care is in crisis :)

    drop your insurance than cut your head open... go to the emergency room.... get it stitched up and tell me what kind of bills you get over the next couple weeks :)


    than you will understand the frenzy

    why would I drop my health insurance?
  • macgyver06
    macgyver06 Posts: 2,500
    jlew24asu wrote:
    why would I drop my health insurance?


    my point is...while you may have great health insurance...many dont....and are aware health insurance coporations have driven up health costs...


    jlew...did you know that... your car insurance is the one that forks out money if you are in a car wreck and have to go to the emergency room becasue of it.
  • jlew24asu
    jlew24asu Posts: 10,118
    macgyver06 wrote:
    my point is...while you may have great health insurance...many dont
    so while I pay for my own health insurance, you want me to pay for yours too?

    macgyver06 wrote:
    ....and are aware health insurance coporations have driven up health costs...
    one of many factors for rising cost of healtcare

    macgyver06 wrote:
    jlew...did you know that... your car insurance is the one that forks out money if you are in a car wreck and have to go to the emergency room becasue of it.

    I dont own a car so I really dont care what they do.
  • callen
    callen Posts: 6,388
    surferdude wrote:
    Why would anyone do something that stupid?

    Same with the housing thing. Why would anyone buy a house they can't really afford. Zero down is a great option for some. I don't understand blaming the government because so called responsible adults made poor house purchasing decisons and boutgh what they truly could not afford. Do I get to blame the government if I gamble away too much money while in Vegas? I should be able to blame the government, after all they've provided the means for me to be an idiot. And isn't it the governments role to protect me from myself.
    and the government should spend ZERO dollars bailing out these loan sharks..regardless of how it hurts the economy....can't put it all on the borrowers...but also on the lenders and those that bought those loans.
    10-18-2000 Houston, 04-06-2003 Houston, 6-25-2003 Toronto, 10-8-2004 Kissimmee, 9-4-2005 Calgary, 12-3-05 Sao Paulo, 7-2-2006 Denver, 7-22-06 Gorge, 7-23-2006 Gorge, 9-13-2006 Bern, 6-22-2008 DC, 6-24-2008 MSG, 6-25-2008 MSG

Categories