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Author Topic: What Conservatives REALLY fear is...  (Read 11744 times)
Bison66
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« on: April 09, 2009, 06:08:57 PM »
...that what they call "socialistic policies" will once again rescue capitalism from its excesses.

Wells Fargo Bank, the first large recipient of "bail-out" funds announced a big profit today.

They are scared to death that Obama's policies will be successful and will demonstrate how bankrupt (literally) their neo-con, Bushite policies and active opposition to reasonable regulation were/are.

Housing refinances are up...and big.  It looks like the housing decline is slowing.

Conservatives are hoping that Obama's policies will fail even if it means that millions more will be out of work and the small businesses they claim to support close their doors by the thousands.

The markets seems to have responded quite well - Thank You - to President Obama's European trip.

People like Hannity, Rove and Beck are losing their daggone minds spouting such nonsense as "most divisive President", "Fascist revolution", "communist," etc.

 Afro
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Maroon and Gray
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« Reply #1 on: April 09, 2009, 07:40:38 PM »
Refinancing a mortgage is NOT a new mortgage on a house for sale.  That has little impact on the glut of houses for sale.
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Cholly
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« Reply #2 on: April 09, 2009, 09:31:43 PM »
^^^I don't know MAGs.

Higher refinancing rates because of LOWER interest rates means two things; credit is available and people are confident.

BOTH with eventually result in increased new and existing home sales.

Like I said in another thread and the Scholar says here;

Looks like the Presidents policies are working BIG TIME... and quicker than many people thought they could or would. nod
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NePray
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« Reply #3 on: April 10, 2009, 09:46:44 AM »
What Conservatives really fear is that the Democrats and President Obama will put the nation back on the right track and that they will loose their slice of the pie or should I say half of the pie (since they benifitted most from the Republican misguided policies).
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« Reply #4 on: April 10, 2009, 02:39:58 PM »
Quote from: Maroon and Gray on April 09, 2009, 07:40:38 PM
Refinancing a mortgage is NOT a new mortgage on a house for sale.  That has little impact on the glut of houses for sale.

True but it lowers people's payment and also would help jump start workers who have either quit or have little money right now
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Bison66
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« Reply #5 on: April 10, 2009, 04:00:02 PM »
Quote from: Maroon and Gray on April 09, 2009, 07:40:38 PM
Refinancing a mortgage is NOT a new mortgage on a house for sale.  That has little impact on the glut of houses for sale.

What you say is literally true, but - altho I don't recall the specifics - there was also an increase in "pending house sales" or something like that as well.   It will definitely take some time to reduce the "inventory" of houses on the market.

Cholly's point is well made since one of the major issues was/is the lack of lending, so refinancing would indicate some progress there.  Lower payments mean folks have addtional money to spend elsewhere or reduce their debt.

Needless to say, the economy and the housing market itself are not even close to being out of the woods.  However, there are a few hopeful signs.

Most of us are happy to see them.  My initial point was/is that some conservatives are not happy to see progress.  Thankfully, they are a distinct detrimental and diminishing minority.

 Afro
« Last Edit: April 10, 2009, 08:52:41 PM by Bison66 » Logged
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« Reply #6 on: April 11, 2009, 02:05:25 PM »
^^^EXACTLY!!!

They have a VESTED interest in the Obama Administration and the Democratic party controled congress' FAILURE in their attempts to reverse the damage done by gop rule.

Their approach from the beginning... party of NO... has depended on Democratic rescue efforts being unsuccessful.

Now that things are starting to look up, the gops are going to be in SERIOUS trouble.  thefan
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Bison66
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« Reply #7 on: April 11, 2009, 03:01:50 PM »
Yeah, as if they weren't already in a world of trouble.

Limbaugh/Palin in 2012!!!!

 Afro
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« Reply #8 on: April 11, 2009, 04:37:37 PM »
palin/keyes in 2012!!  Grin
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« Reply #9 on: April 12, 2009, 05:20:37 AM »
Quote from: Cholly on April 11, 2009, 04:37:37 PM
palin/keyes in 2012!!  Grin

I pray the extreme right takes over the GOP. The party will have to slit and thus destroy it as we know it.

Time for me to study up on the Whigs.
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Cholly
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« Reply #10 on: April 12, 2009, 12:51:21 PM »
lol
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Bison66
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« Reply #11 on: April 12, 2009, 03:58:02 PM »
Keyes/Bachmann in 2012!!

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Brainwashed is:
Inability to offer rationale and explanations OR to engage in substantive discussion
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Frequent Fallacious arguments
Cholly
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« Reply #12 on: April 12, 2009, 04:05:33 PM »
 lmao
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Bison66
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« Reply #13 on: April 12, 2009, 10:22:24 PM »
What conservatives REALLY fear is...

...that Obama will be a firm and resolute CinC.        ...that Obama will be a firm and resolute CinC.      ...that Obama will be a firm and resolute CinC.    ...that Obama will be a firm and resolute CinC.    ...that Obama will be a firm and resolute CinC.     ...that Obama will be a firm and resolute CinC.
His posture in Afghanistan (series of drone attacks, etc.) and with the Somali pirates is an indication that he is and will be.

 Afro
« Last Edit: April 12, 2009, 10:25:16 PM by Bison66 » Logged
Brainwashed is:
Inability to offer rationale and explanations OR to engage in substantive discussion
Inability to offer counter arguments to points offered by those who disagree
Blind acceptance of others' assertions EVEN AFTER the underlying "facts" are refuted
Frequent Fallacious arguments
Cholly
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« Reply #14 on: April 13, 2009, 01:06:39 AM »
So much for the 3:00am phone call crowd! lol
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