Is Englang on the verge of full socialism/communism (1 Viewer)

[KenHigg]

I'm just trying to get to a fundemental difference you said we have. I think what I posted was pretty fundemental. You can qualify tangents/postions on the issues from there. But if you can't identify the root problems you're stabbing in the dark trying fix anything...

As far as the links, did any of them have a means to weed out the joe lazys? If so, I'll take a look...

 

[dkinley]

I see that now, funny how two little letters can make such a big difference.

It makes a difference when wants to read and interpret what they want to read and not the words put in front of them.

-dK

 

[Alisa]

I'm just trying to get to a fundemental difference you said we have. I think what I posted was pretty fundemental. You can qualify tangents/postions on the issues from there. But if you can't identify the root problems you're stabbing in the dark trying fix anything...

As far as the links, did any of them have a means to weed out the joe lazys? If so, I'll take a look...

It is pretty fundamental. You think its every man for himself. I don't.

Take a look and see for yourself.

 

[KenHigg]

It is just like Americans to place the blame on poor people. God forbid we place the blame where it belongs, on the corporations who actually benefited from these illegitamate loans.

'just like us Americans'

Sorry

 

[Alisa]

'just like us Americans'

Sorry

I said "we", or didn't you read that far?

 

[dkinley]

The act was to prevent lenders from discriminating against qualified borrowers. Nowhere in there does it say, you must lend money to people that cannot afford to repay it. Nowhere in there does it say, you must come up with whacked loan products that create negative am. Nowhere in there does it say, you must approve people for three times the amount they can afford.

It is just like Americans to place the blame on poor people. God forbid we place the blame where it belongs, on the corporations who actually benefited from these illegitamate loans.

Again, reading what you want to read ...

"In a 1995 case known as Buycks-Roberson v. Citibank, Obama and his fellow attorneys charged that Citibank was making too few loans to black applicants and won the case. That is, banks were not loaning to blacks whose credit was poor. "

"And Talbott (Madelline Talbott) continued her effort to, as she put it, drag banks "kicking and screaming" into high-risk loans."

I am only blaming those who's charge it was to make sure this was supposed to work.

Who was that? The government.

-dK

 

[KenHigg]

It is pretty fundamental. You think its every man for himself. I don't.

Take a look and see for yourself.

Now, now. I don't think that and did not say that. You're twisting my words Alisa...

Do you think a persons views change as they grow older?

 

[Alisa]

Again, reading what you want to read ...





I am only blaming those who's charge it was to make sure this was supposed to work.

Who was that? The government.

-dK

I don't know whose political columns you lifted that from, but banks were not making loans to QUALIFIED black people, a practice that has continued even today as minorities with EQUAL qualifications, income, and credit scores were given SUBPRIME loans, even as their white counterparts were given prime loans with fixed rates.

 

[KenHigg]

I said "we", or didn't you read that far?

Oh, you did? Sorry.

fyi: I'm sorry if I come across as brash. In the end I'm glad you're willing to dig in for what you believe and glad people like you are alive and well in America...

 

[Alisa]

Now, now. I don't think that and did not say that. You're twisting my words Alisa...

Do you think a persons views change as they grow older?

How is the way that I put it, every man for himself, any different than the way you put it?

I don't think age itself changes a person's views, but I do think changing life circumstances have an affect.

 

[Alisa]

Oh, you did? Sorry.

fyi: I'm sorry if I come across as brash. In the end I'm glad you're willing to dig in for what you believe and glad people like you are alive and well in America...

Well thanks for that Ken. I am glad I am alive and well too, at least for the moment.

 

[KenHigg]

When you say everyman for himself it sounds (to me) that there's an indifference to others and community.

 

[dkinley]

I don't know whose political columns you lifted that from, but banks were not making loans to QUALIFIED black people, a practice that has continued even today as minorities with EQUAL qualifications, income, and credit scores were given SUBPRIME loans, even as their white counterparts were given prime loans with fixed rates.

Getting this from the wiki article and stuff ...

In a 2005 paper for the New York University Law Review, Michael S. Barr uses empirical evidence to demonstrate that the CRA had overcome market failures to increase access to credit for low-income, moderate-income, and minority borrowers at relatively low cost.

Seems it did increase access ....

CRA regulated banks may also inadvertently facilitate predatory lending by financing predatory lenders. They also noted that CRA regulations as it was then administered, failed to penalize banks that engaged in predatory lending

Hmm. The government not regulating its own regulations again.

I will further opine that since it was ACORN and groups like that would be culpable or at least complicit in predatory lending. They fought to get the credit, sued to get the loans, but yet while being involved in the process and pretending to be looking out for the people failed to educate or advise the people to 'not sign that, you're gonna get hosed.'

-dK

 

[Alisa]

When you say everyman for himself it sounds (to me) that there's an indifference to others and community.

Yep, sounds that way to me too when you obsess over Joe Lazy while ignoring the plight of millions of working American families.

 

[KenHigg]

Do you understand that if you don't account for and eliminate joe-lazys and non-tax paying illegal mexicans then there's no hope for any kind of long term solution as the number will grow?

 

[Alisa]

Getting this from the wiki article and stuff ...



Seems it did increase access ....

CRA regulated banks may also inadvertently facilitate predatory lending by financing predatory lenders. They also noted that CRA regulations as it was then administered, failed to penalize banks that engaged in predatory lending

Hmm. The government not regulating its own regulations again.

I will further opine that since it was ACORN and groups like that would be culpable or at least complicit in predatory lending. They fought to get the credit, sued to get the loans, but yet while being involved in the process and pretending to be looking out for the people failed to educate or advise the people to 'not sign that, you're gonna get hosed.'

-dK

Can you not use the code tags? It drives me nuts trying to scroll and read at the same time.

So basically my point stands. The law was intended to combat discrimination. If was sort of effective. But that law was not the cause of lax regulations that blurred the line between community banking and investment banking, that allowed anyone to hang a shingle as a mortgage broker, and that allowed predatory lending to take place unchecked.

It is a predictable republican tactic to place the blame on poor people and on organizations that seek to help poor people such as Acorn. Just as long as it distracts people from blaming the real culprits - the republican deregulators.

 

[Alisa]

Do you understand that if you don't account for and eliminate joe-lazys and non-tax paying illegal mexicans then there's no hope for any kind of long term solution as the number will grow?

That is just not true. I can tell you that if the government announced free health care TODAY, I would not quit my job, I would not say, oh well then, why work?

Why is it that if you provide (not necessarily for free) basic necessities of life for poor people, that is somehow going to remove their motivation to work, but if you provide gazillions of dollars of tax breaks to wealthy corporations, that DOESN'T remove their motivation to work?

 

[dkinley]

Just as long as it distracts people from blaming the real culprits - the republican deregulators.

You know what ... you're right. Stick to reading the DNCs site and the information they want you to see. Don't worry about exploring information on your own and beyond the filters they place in it for you.

The Dem's rule! I've been converted! I no longer have to seek independant information and don't have to think for myself! Yay! I want the government to tell me what to do, how to do it, and when to do it!

Whew .. I feel better know. I can't be blamed for shinola since I've just became a liberal and Democrat. I can socially do what I want without repercussions because my parents spanked me as a child and educated me in personal responsibility. I can work all day and give every cent to the government knowing that they are looking out for my best interest! Alrighty .. what a load off my shoulders.

I am so glad I am now putting the individual first, the individual being ME!!!
The Dem's will see to it I get some money from someone who is working today so to rejoice, I think I will go back to bed. Keep working for me American public. Go me!!!

-dK

 

[Rich]

OMG, why does everything have to be a political statement?

'cause the Republicans posting here keep turning it into one

Ken (and I) just want to know how they do it over there. It seems inevitable that we're going to end up with many more socialist programs since we're likely to get the most liberal president the world has ever known and the Republicans are starting to act like a bunch of socialists too.

OMG, why does everything have to be a political statement?

See the contradiction here George?

 

[Alisa]

You know what ... you're right. Stick to reading the DNCs site and the information they want you to see. Don't worry about exploring information on your own and beyond the filters they place in it for you.

The Dem's rule! I've been converted! I no longer have to seek independant information and don't have to think for myself! Yay! I want the government to tell me what to do, how to do it, and when to do it!

Whew .. I feel better know. I can't be blamed for shinola since I've just became a liberal and Democrat. I can socially do what I want without repercussions because my parents spanked me as a child and educated me in personal responsibility. I can work all day and give every cent to the government knowing that they are looking out for my best interest! Alrighty .. what a load off my shoulders.

I am so glad I am now putting the individual first, the individual being ME!!!
The Dem's will see to it I get some money from someone who is working today so to rejoice, I think I will go back to bed. Keep working for me American public. Go me!!!

-dK

What a load. I guess you don't want to have a discussion of the issues after all. If this is the the level of thought most people put into their political decisions, then it is no wonder our country is in a pickle.