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Date: 10/06/12 09:28 AM

34 Responses to Why Obama Now

  1. Profile photo of madest
    madest Male 40-49
    7379 posts
    October 6, 2012 at 9:29 am
    Link: Why Obama Now - An animated Obama speech by the animator of The Simpsons & Family Guy.
  2. Profile photo of Cajun247
    Cajun247 Male 18-29
    10722 posts
    October 6, 2012 at 10:00 am
    If any libertarian/conservative in the house wishes to debunk (again) the claims made in this video, go right ahead. I`ll sit back and have some popcorn.
  3. Profile photo of Cajun247
    Cajun247 Male 18-29
    10722 posts
    October 6, 2012 at 10:05 am
    Jon Stewart acknowledges the power of the Laffer curve
  4. Profile photo of chalket
    chalket Male 50-59
    2712 posts
    October 6, 2012 at 11:47 am
    That was all perfectly reasonable, logical and sensible. It is beyond me how the right-wingnuts can constantly deny what is so patently obvious to most thinking people.
  5. Profile photo of panzerlancer
    panzerlancer Male 18-29
    130 posts
    October 6, 2012 at 11:58 am
    did any one spot the slaves at 3:21
  6. Profile photo of HumanAction
    HumanAction Male 18-29
    2357 posts
    October 6, 2012 at 12:27 pm
    Well... at least it was nicely put together - even if it was mostly BS.

    I am amazed that people out there STILL believe that it was deregulation that caused the housing market collapse. Everyone knows it was governmental interference (thanks Carter, Clinton, Bush, etc.).
  7. Profile photo of HolyGod
    HolyGod Male 30-39
    6190 posts
    October 6, 2012 at 1:12 pm
    HumanAction

    "Well... at least it was nicely put together - even if it was mostly BS."

    I agree. Charts and graphs based on indisputable data have a well known liberal bias.
  8. Profile photo of HumanAction
    HumanAction Male 18-29
    2357 posts
    October 6, 2012 at 1:35 pm
    HolyGod

    [quote">I agree. Charts and graphs based on indisputable data have a well known liberal bias. [/quote">
    The base element of the film (from my perspective) was that the collapse was caused by Bush/Republican economics ONLY; one of your charts attempted to demonstrate this.

    This is wrong, as both parties contributed policies that led up to the moment (Spoiler: Clinton made some of the worst contributions). Example Source

    Also, many people dispute the charts and data as either incorrect or misleading. I hope that alleviates you of your "indisputable" claim.

    Lastly, what is the deal with the "liberal bias" thing? I said absolutely nothing about liberals and even accused Bush (a Republican...) of adding to the problem.
  9. Profile photo of DingDingDong
    DingDingDong Male 30-39
    1511 posts
    October 6, 2012 at 2:21 pm
    Gosh, I just hate when I get tricked into buying a house I can`t afford.

    It was the democrats that were really pushing "affordable housing" and making it way too easy to get a loan.

    Only Ron Paul predicted the housing bubble and collapse:
    http://www.youtube.com/watch?v=gLm7Sw402xE&feature=player_detailpage#t=29s
  10. Profile photo of CrakrJak
    CrakrJak Male 40-49
    17515 posts
    October 6, 2012 at 3:34 pm
    HumanAction: Human is correct, The liberals forced bad home loans onto the market in the name of `equal opportunity`, aka reverse racism.

    In many cases people never even had to show proof of income or employment. The bankers went along with it because it helped boost their bonus checks. When the auditor and regulators rang the alarm, back as early as 2005, they were berated as being racist, dismissed as liars and told there was nothing wrong. (I have youtube video of some of this if anyone is interested in seeing it)
  11. Profile photo of hauswyfe
    hauswyfe Female 30-39
    280 posts
    October 6, 2012 at 4:33 pm
    Great video! Thank you!
  12. Profile photo of Tekinette
    Tekinette Male 30-39
    273 posts
    October 6, 2012 at 6:08 pm
    Nice video.

    Human/CrakrJak: If you`re talking about the Community Reinvestment Act, about 1 in 4 sub-prime loans were regulated by it... That`s hardly what caused the collapse, it`s a lot more complex.
  13. Profile photo of Enjin
    Enjin Male 30-39
    802 posts
    October 6, 2012 at 6:27 pm
    "An animated Obama speech by the animator of The Simpsons & Family Guy."

    I didn`t watch the video because it`s about politics, but I`m pretty blown away to learn that Simpsons and Family Guy are animated by one guy. I always figured it was a team of people.
  14. Profile photo of Grendel
    Grendel Male 40-49
    5877 posts
    October 6, 2012 at 6:47 pm
    Tekinette-" If you`re talking about the Community Reinvestment Act,"

    And the Alternative Mortgage Transactions Parity Act, And when HUD mandated that 42% of the mortgages be issued to borrowers whose household income was below the median, then upped it to 50%, then 52%.

    "families were `enticed`, and sometimes just plained `tricked` into buying homes they could not afford."??

    It`s the damned banks!! Held them down and forced them to sign a mortgage at gunpoint...them bastads. It couldn`t have had anything to do with the government MANDATING that banks grant mortgages to people who could not afford it

    Just like The Simpsons and Family Guy, funny, and for the same reasons.
  15. Profile photo of Cajun247
    Cajun247 Male 18-29
    10722 posts
    October 6, 2012 at 7:02 pm
    That was all perfectly reasonable, logical and sensible. It is beyond me how the right-wingnuts can constantly deny what is so patently obvious to most thinking people.

    Never before has any pair of sentences lowered the bar so much. It is beyond me how left-wingnuts continue to support Obama despite the most important promises he broke.
  16. Profile photo of CrakrJak
    CrakrJak Male 40-49
    17515 posts
    October 6, 2012 at 7:07 pm
    Tekinette: Evidently you haven`t learned what happened with those sub-prime loans. Those loans were bundled with other people`s mortgages and sold on the open market. When one or two mortgages failed the whole bundle of mortgages was tainted and that is what lead to the implosion.

    People who had paid their mortgage on time and were never late ended up loosing their home because their sub-prime neighbors were foreclosed on. Eventually all the sub-prime mortgages where re-examined and since most of them didn`t qualify they were tainted as well.

    House values fell precipitately leaving most newer mortgage holders underwater, owing more than their homes were worth. Those underwater mortgages couldn`t be refinanced and lead to even more foreclosures and even lower housing values.

    This cascade failure was due to several factors, but it wouldn`t have happened without the deregulation that Clinton signed into law and the community reinvestment act.
  17. Profile photo of HumanAction
    HumanAction Male 18-29
    2357 posts
    October 6, 2012 at 8:53 pm
    @Tekinette: In 1992, the government imposed "affordable housing" requirements on the GSE`s (Fannie and Freddie). This forced the GSE`s, who had only been required to buy prime mortgages, to purchase subprime loans at a rate of 30%. This, of course, caused a decline in underwriting standards.

    The Clinton era raised the quota requirements to 50%, and Bush raised it again to 55%. This means that over half of the mortgages bought by the GSE`s were issued to borrowers under the median income level.

    By the time of the collapse, HALF of all mortgages in the US were subprime or low quality. 70% of those were owned by the GSE`s.

    Therefore, I cannot see any reason to doubt that the GSE`s created most of the demand for weak loans.

    There, I didn`t even mention the CRA once. Would you like some more education about governmental intervention in economics? We could talk about The New Deal.
  18. Profile photo of elkingo
    elkingo Male 30-39
    5387 posts
    October 7, 2012 at 5:35 am
    I think it is hilarious that democrats think people are too stupid to take care of themselves (i.e. making laws that govern every aspect of life ); and then blame those same stupid people when something like the housing market collapse occurs.
  19. Profile photo of madest
    madest Male 40-49
    7379 posts
    October 7, 2012 at 8:20 am
    @elkingo, "Why is it that if you take advantage of a corporate tax break you`re a smart businessman, but if you take advantage of something so you don`t go hungry, you`re a moocher?" ~ Jon Stewart

    You should watch The Rumble 2012. I`m sure it`s on youtube. Perhaps you`ll see a bit of yourself on Bullpoo Mountain.
  20. Profile photo of Cajun247
    Cajun247 Male 18-29
    10722 posts
    October 7, 2012 at 8:54 am
    madest Jon Stewart didn`t say that to justify the CRA or the GSEs. He was merely pointing out how incredibly misleading Romney`s 47% remark was.
  21. Profile photo of madest
    madest Male 40-49
    7379 posts
    October 7, 2012 at 9:22 am
    Here we go again... Cajun, Just because you can`t understand me, doesn`t mean I`m not making sense.
  22. Profile photo of CrakrJak
    CrakrJak Male 40-49
    17515 posts
    October 7, 2012 at 10:08 am
    madest: Because no one understands you, that means you`re not making sense.
  23. Profile photo of madest
    madest Male 40-49
    7379 posts
    October 7, 2012 at 10:33 am
    Bitter old man is not an attractive persona CJ.
  24. Profile photo of Cajun247
    Cajun247 Male 18-29
    10722 posts
    October 7, 2012 at 4:12 pm
    Nobody likes a blabbing incoherent man-child either madest
  25. Profile photo of tatripp
    tatripp Male 18-29
    1196 posts
    October 7, 2012 at 11:38 pm
    Too bad obama can only speak good when he reads it.
  26. Profile photo of OutWest
    OutWest Male 50-59
    546 posts
    October 8, 2012 at 10:20 am
    I can`t believe that so many of us think that Government is inherently good, and we need more of it. Whether it`s a large corporation, or the government, it can and will be corrupted by humans that seek to gain either financially, or in power.

    Why can`t we have a system that protects us not only from both the wealthy and their power, but also big government and it`s power? Neither believes in our individual freedom. But instead how they can change the system to benefit themselves.

  27. Profile photo of madest
    madest Male 40-49
    7379 posts
    October 8, 2012 at 1:46 pm
    Government is a necessity. The "big government" BS that`s been spoon-fed to the gullible has taken hold and they let us know that over the internet. Thanks government!
  28. Profile photo of Cajun247
    Cajun247 Male 18-29
    10722 posts
    October 8, 2012 at 2:40 pm
    The "big government" BS that`s been spoon-fed to the gullible has taken hold and they let us know that over the internet.

    Just wait until the govt confiscates your Xbox and installs cameras in your apartment for "the greater good". Hopefully then you`ll realize the concept of "big govt" isn`t BS.
  29. Profile photo of OutWest
    OutWest Male 50-59
    546 posts
    October 8, 2012 at 9:32 pm
    So, you don`t think there is any such thing as big government today? You would be open to more government in our lives? How much would be enough?
  30. Profile photo of madest
    madest Male 40-49
    7379 posts
    October 9, 2012 at 7:15 am
    Factually government has shrank under Obama but lets not allow the facts dilute your message that big government is bad. I don`t like everything our government does. The never ending wars. Flying killer robots, killing people 1/2 way around the world without due process. Guantanamo. Spending my tax dollars locking up people for smoking pot, spying on Americans, the list is long.. But we need government. Private industry will not repair bridges, build electrical grids that reach remote towns, They won`t send satellites up to pin point our location and give us access to this equipment for free. Private industry would have never built Hoover dam or the Smithsonian. Our taxes pay to keep our food safe our water drinkable and our air breathable. You`re buying into the cries that "regulations are hurting us" from fortune 500 companies that don`t want to buy scrubbers for their smoke stacks. Get a brain stop being a parrot.
  31. Profile photo of Cajun247
    Cajun247 Male 18-29
    10722 posts
    October 9, 2012 at 10:39 am
    Factually government has shrank under Obama but lets not allow the facts dilute your message that big government is bad. I don`t like everything our government does. The never ending wars. Flying killer robots, killing people 1/2 way around the world without due process. Guantanamo. Spending my tax dollars locking up people for smoking pot, spying on Americans, the list is long.

    Considering Obama is doing all of that and more, you`ve just contradicted yourself.

    Private industry will not repair bridges, build electrical grids that reach remote towns, They won`t send satellites up to pin point our location and give us access to this equipment for free.

    More BS.
  32. Profile photo of Cajun247
    Cajun247 Male 18-29
    10722 posts
    October 9, 2012 at 10:42 am
    quote]Private industry would have never built Hoover dam or the Smithsonian

    Right because the Hoover dam caused a LOT of damage to the ecosystem.

    There are indeed privately owned and operated museums which can match the spectacle and grandeur of the Smithsonian.

    Our taxes pay to keep our food safe our water drinkable and our air breathable.

    With questionable results.

    You`re buying into the cries that "regulations are hurting us" from fortune 500 companies that don`t want to buy scrubbers for their smoke stacks.

    It`s actually small businesses that are most affected by regulations. It`s also not uncommon for Fortune 500 companies to push for MORE regulations (see SOPA and PIPA).

    Get a brain stop being a parrot.

    You should take your own advice.
  33. Profile photo of OutWest
    OutWest Male 50-59
    546 posts
    October 9, 2012 at 12:28 pm
    Nasty
  34. Profile photo of SavageChef
    SavageChef Female 50-59
    2692 posts
    October 22, 2012 at 12:34 am

    And since we`ve had Barack (It`s not my fault, it`s the fault of that guy before me)Obama, things have swirled further down the drain. NOBAMA NOW in 2012.

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