Obama defends campaign attacks on Romney's record - US politics live

Le Jimbo wrote:

<quoted text>Michelle Obama, as we reported on July 7, is not served by twenty-two attendants who stand by to cater to her every whim. She is served by twenty-six attendants, including a hair dresser and make-up artist. Deilia A.(Deputy Associate Director of Correspondence for the First Lady)
Readers throughout the country expressed outrage that Mrs. Obama would hire an unprecedented number of staffers in the midst of the Great Recession.

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The Lying Mormon wrote:

Despite reporting income of $21.7 million, the couple paid only $20,603 in taxable wages for household help in 2010. This figure was divided among four women: Rosania Costa ($4,808), Kelli Harrison ($8,667), Susan Moore ($2,238) and Valerie Cravens Anae ($4,890).
According to a number of Boston-based domestic staffing agencies, the salary range for a housekeeper is between $20 and $30 an hour, which adds up to an annual salary of $40,000 to $50,000 based on forty-hour weeks and two weeks of paid vacation a year.

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frank wrote:

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Your bro Glenn Beck is back to restore insanity for all you half-retarded rightwingnuz launching his Web TV network called GBTV

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Le Jimbo wrote:

<quoted text>Give it up son. You don't have the mental capacity to deal with adults.
78% of the buyouts of Bain Capital grew, added jobs and became successes, instead of losers. Of course that little tidbit was of companies in many states, not just Massachusetts that was controlled by a liberal congress.........hense jobs growth.

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Eric Gustafson wrote:

President Obama delivered the Nation from the bowels of the George Bush/Republican 2008 Depression in a fraction of the time it took to deliver from the first Depression in 1929.
This President accomplished those feats with less than $300 Billion and the Republicans lined up in lock step against his activities to save the nation.
If anything President after the Killing of Bin Laden, and the Leader of Lybia responsible for the deaths of 260 Americans and the stabilizing of America's Economy and Financial system is truly and American Hero.
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Ron Johnston wrote:

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Hillary Rosen.....

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Contributions wrote:

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Are you retarded?
The real question is, has there been a Romney ad that WASN'T an attack ad?

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GoodNewz wrote:

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fannie and freddie backed a high percentage of the risky loans, and made a lot of money doing so . the pressure was absolutely political. all of us nice politicians are gonna make sure you people who are not credit worthy can get a house anyway. my experience is that a "troll" is one who hurls insults when he has weak facts...
"In 1992 Congress changed the rules of the game. It charged Fannie and Freddie with boosting homeownership among poor and minority families. It did this by adopting a series of complex, overlapping housing "affordability" goals. These came in three varieties: 1) a "low and moderate" income goal, targeting borrowers earning no more than an area's median income; 2) an "underserved area" goal, targeting people in neighborhoods whose residents earned 90-95% of an area's median income; and 3) a "special affordable" goal, focused on people earning no more than 60% of an area's median, or living in exceptionally poor neighborhoods. Congress justified these goals by contending the GSEs should advance policy objectives because the federal government had conferred so many advantages upon them not available to their competitors. The legislation delegated to the Department of Housing and Urban Development the power to increase Fannie and Freddie's affordability goals, which it did. In 1993, the "low and moderate income goal" was 30% of the GSEs mortgages. By 2008, it was 56%. From 1993 to 2008, the "underserved area" goal went from 30% to 39%.
To Morgenson and Rosner, the housing affordability goals led "more than any other single act...to the disastrous home lending practices of the 2000s." To the Stern School economists, the combination of ambitious affordability goals and the GSEs' lax capital requirements transformed Fannie and Freddie collectively into "the largest hedge fund on the planet." Each backed hundreds of billions of dollars of ever-riskier home loans, which generated high profits in good times but exposed them to enormous losses, should the economy weaken. Losses then might swamp the GSEs' thin capital base."

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Here in Vegas wrote:

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What happens when the next GWB comes along? You libs ready?

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Le Jimbo wrote:

<quoted text>Wow, biggest lies yet. No wonder with loons like you spouting fertilizer Obama can't fill a room in a swing state. Wow 250 no shows.....what a crowd pleaser he is.

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Pappa wrote:

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You keep referring to the 'George Bush/Republican 2008 Depression'. You do realize that Bush sought reform of Freddie and Fannie for years and Bawny Fwank and Nasty Pelousy fought like hell to prevent it, right? You also realize that the dimocrats took over congress and the purse strings in 2006, right? Now, who caused the depression again?

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swampmudd wrote:

<quoted text>The only reform that Bush wanted for F&F was to take it away from congressional supervision and place it under the Treasury. He wanted he them to be able to buy the worthless securities that where flooding wall street. That God that never happened. The problem with F&F at the time was they were losing big time market share to the private mortgage buyers. They went from almost an 80% market share to below a 30% market share. They could not compete with the non conforming loans that were being sold on Wall Street.

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swampmudd wrote:

<quoted text>The only reform that Bush wanted for F&F was to.......blah,fart,blah,fart.. ....

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the rest of us wrote:

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Fartsack, nobody cares what you post, its all farts. For once in your life go do something productive today. The ridiculous amount of time you waste on here farting just stinks....nothing more.

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The Lying Mormon wrote:

Roney's record in Massachusetts has already been fully scrutinized, and found wanting: dropping to 47th of the 50 states in job creation during his tenure.