Quote:
Originally Posted by Dick
I really think my fellow "young" voters really didnt do thier homework into Obama's policies and what the guy is really all about. It seems they just with what the media said about Bush and from there thier opinions turned on the republicans.
Hell that probably goes for most other voters too.
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I have to totally agree but for different reasons. I think it has to do more with that fact that they bought the rhetoric, hook, line and sinker.
Most young people today are so damn stupid they can't even tell you what 2+2 is or even spell properly cause of all the stupid texting. I guarantee that most of those kids in those crowds celebrating couldn't even tell you why they voted for him. Kids today don't care about education. Instead they care about getting high, living on the internet and not working for anything. Sounds like a ripe culture to implement Socialism. Dumb people down. Sheople, just like FloridaZ said. We're looking at a generation of Sheople.
Z06Rocket, what you are referring to is the Community Reinvestment Act which was actually enacted by Jimmy Carter back in 1977. It was revised by the Clinton Administration in 1995 because it was deemed as "not effective enough." It is the law that forced banks to give loans to people who shouldn't have them and it was backed by, you guessed it, Fannie Mae and Freddie Mac. The aformentioned told the banks like Nike, "Just do it! We'll guarantee the loans. And I'm sure it could've swallowed thousands of bad loans and it did. But millions of bad loans???? Look at us now!!!!!