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Anger on Main Street - 10/6/2008 7:30:03 PM
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JamesL5
Posts: 97
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I was watching CNN today and they said according to the newly released Gallop Poll, there is anger on Main Street. The Main Street people are the working class citizens of America better known as the grassroots. The Gallop Poll also shows the majority of American People are discontent with our government, the number one reason was the state of our economy. This same Poll showed that the majority of the American People wanted to see change. Who do you think is to blame for the anger on Main Street America? Who's fault is it, the Republicans or the Democrats?
< Message edited by JamesL5 -- 10/7/2008 8:33:05 PM >
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RE: Anger on Main Street - 10/6/2008 7:33:32 PM
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galadriel2
Posts: 263
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I think it is the greed of mainstreet that is to blame for mainstreet's bitterness and anger.
God bless abundantly,
Galadriel2
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RE: Anger on Main Street - 10/6/2008 7:49:43 PM
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JamesL5
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quote:
ORIGINAL: galadriel2
I think it is the greed of mainstreet that is to blame for mainstreet's bitterness and anger.
I agree with you, I think greed is partially to blame. However, I also think these politicians need to be held accountable and hold some amount of the blame for whats going on in America today. After all, both the Republicans and Democrats don't always tell us the whole truth. They will say anything just to get elected and once they are in office, these politicians lie and make us believe these bogus stories.
< Message edited by JamesL5 -- 10/7/2008 8:28:08 PM >
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RE: Anger on Main Street - 10/6/2008 8:04:09 PM
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galadriel2
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I think there is quite a bit of personal and corporate corruption and sin in Washington too. I think we could pick out people from 'both sides of the isle' as guilty. 'Righteousness exalts a nation, but sin is a reproach to any peoples' (I think I got the quote correct - it is somewhere in Proverbs). We are a nation that is under the wrath of God with some of us being brought out from under it by God's grace. I don't think things are going to go too well. Since it became policy in the 1960s to leave God out of the classroom America has been spinning downward ever since with divorce, violent crime, abortions, children out of wedlock, etc., increasing exponentially.
God bless the elect abundantly though, (I doubt that there are few in Washington which means they are under God's wrath which means He is just going to continue to let them go on in their sin and rejection of Him)
Galadriel2
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RE: Anger on Main Street - 10/6/2008 9:47:37 PM
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leonfigg3
Posts: 335
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quote:
ORIGINAL: JamesL5
quote:
ORIGINAL: galadriel2
I think it is the greed of mainstreet that is to blame for mainstreet's bitterness and anger.
I agree with you, I definitely think it is the greed in Main Street that is partially to blame. However, I also think these politicians need to be held accountable and hold some amount of the blame for whats going on in America today. After all, both the Republicans and Democrats don't always tell us the whole truth. They will say anything just to get elected and once they are in office, these politicians lie and make us believe these bogus stories.
A politician who tels the truth, and does what is needed, is an unemployed and an unemployable politician.
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RE: Anger on Main Street - 10/7/2008 5:49:28 AM
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deliveredarling
Posts: 1937
Joined: 8/30/2007
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We are mad...as we should be. The House yesterday held a hearing on Lehman brothers. No discipline for the CEO's... they get to keep the pay.
We should all be thrilled that Henry Paulson is in control of the bailout money. Nobody ever questioned that. he's got all the authority and has now brought on a crony from Goldman Sachs. We should be comforted that our tax dollars will be spent wisely. What a joke.
It just impresses me so much to see my country make fools of it's citizens while blatantly allowing the crooks and criminals go dancing through the streets, celebrating how they got away with it!
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RE: Anger on Main Street - 10/7/2008 7:43:52 AM
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47.samuel
Posts: 44
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Conventional wisdom states that the party in office during an economic turndown takes the "hit" - which explains that despite his efforts to distance himself from the Bush Administration, John McCain has taken a significant drop in the polls.
It also explains Palin's diversionary "Bill Akers" attacks against Obama - as long as the American voter remains focused on the economy, the Republican's will continue to drop in the polls.
As for "punishing" politicians, it was the American electorate and the majority of the members of this forum who voted for the Republicans and the "Bush/Cheney Administration" - TWICE !!!
< Message edited by 47.samuel -- 10/7/2008 8:02:49 AM >
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RE: Anger on Main Street - 10/7/2008 8:14:14 AM
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SonInMe1
Posts: 3428
Joined: 4/16/2005
From: my mom by God
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Why is it the governments fault that people bought homes they could not afford?
_____________________________
You adulterous people, don't you know that friendship with the world is hatred toward God? Anyone who chooses to be a friend of the world becomes an enemy of God.
James 4:4
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RE: Anger on Main Street - 10/7/2008 12:59:06 PM
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Leslie_JnJs_mom
Posts: 898
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The bad horrible thing is that Bush will be blamed for all of this even though the democrats control congress.
quote:
Why is it the governments fault that people bought homes they could not afford?
Because members of the democrat congress used people like acorn to bully banks into lending bad loans to people. A lot of these people did not know alot about loans so they called the number for low income people to get a home. They were told that they could get this dream house for no money down at an awesome very low interest rate. Duing the 5 years of the introductory super low interest rate their credit score will improve so when the loan come due to re adjust the interest will not go up much. These people believed them but when their introductory teaser rates were over the interest went up alot, then pow they could no longer afford their home.
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<------- Jessica and I had so much fun with grandma!
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RE: Anger on Main Street - 10/7/2008 4:11:24 PM
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stamper_ben
Posts: 10977
Joined: 4/11/2005
From: Lone Star State
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quote:
ORIGINAL: SonInMe1
Why is it the governments fault that people bought homes they could not afford?
It is their policies that allowed it to happen and make it possible for those who couldn't afford them to buy them. When I bought a house I had to put down 20% of the purchase price. I was vested in the purchase before my first payment. Those who put no money down and have no stake in it have nothing to lose. Blame the government.
_____________________________
We will be known as His by the love we show one another.
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RE: Anger on Main Street - 10/7/2008 5:37:40 PM
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47.samuel
Posts: 44
Joined: 9/24/2008
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quote:
ORIGINAL: JnJs_mom
The bad horrible thing is that Bush will be blamed for all of this even though the democrats control congress.
quote:
Why is it the governments fault that people bought homes they could not afford?
Because members of the democrat congress used people like acorn to bully banks into lending bad loans to people. A lot of these people did not know alot about loans so they called the number for low income people to get a home. They were told that they could get this dream house for no money down at an awesome very low interest rate. Duing the 5 years of the introductory super low interest rate their credit score will improve so when the loan come due to re adjust the interest will not go up much. These people believed them but when their introductory teaser rates were over the interest went up alot, then pow they could no longer afford their home.
*************************************************************
"But let me just add, Peter, the fundamentals of America’s economy are strong." (John McCain, April 17, 2008, interview with Peter Cook)
FACT 1: Republicans have controlled the White House for the last 8 years (2000 to 2008).
FACT 2: Republicans have controlled both the Houses of Representatives and the Senate for 12 of the last 14 years (1994 to 2006).
FACT 3: The Republicans even controlled both the White House and both Houses for 6 of the last 8 years (2000 to 2006).
Fact 4: "JnJs_mom" blame "members of the democrat congress used people like acorn to bully banks into lending bad loans to people." She also states that after 5 years, "their introductory teaser rates were over the interest went up alot." Given that the Democrats took control of Congress less than 2 years ago, those loans currently expiring after the 5 year introductory rate originated in 2003 - when the Republicans controlled the White House, Senate and the House of Representatives.
"I’m always for less regulation… I am fundamentally a deregulator."(John McCain, March 3, 2008, in the Wall Street Journal)
Fannie Mae, Freddie Mack and problems associated with subprime mortgages have been in existance for years, but it was the President Bush and the Republican presidential candidate John McCain who kept insisting that the economic fundamentals of the nation were strong.
"..... but in the long run I am confident that our capital markets are flexible and resilient and can deal with these adjustments."
(President Bush, on Sep 15, 2008)
"..... Our economy, I think, still the fundamentals of our economy are strong. (John McCain, Sept. 15, 2008)
http://www.youtube.com/watch?v=igAmVs0cvY8
"I hope you're confident about our economy. I am......" (President Bush on Jan. 30, 2008)
February 28/2008 - "That's interesting. I hadn't heard that." (President Bush's response when told that some analysts are predicting gasoline could go up to $4 a gallon.
"I’m very strong on the economy. I understand it. I have a lot more experience than my opponent." (John McCain, July 2, 2008, on Good Morning America)
< Message edited by 47.samuel -- 10/7/2008 6:36:14 PM >
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RE: Anger on Main Street - 10/7/2008 5:56:52 PM
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IMA_CHRISTIAN
Posts: 1661
Joined: 1/23/2006
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it goes back to the time when peopel wished to buy a house. the lenders came up with all kinds of fancy schmansy loans. - baloon loan, adjustable ARM, the kind where you pay interest only for many years and then start paying the principle a few years down the road, etc.
the realtor/lender (im not sure which) decides that you can comfortably pay a mortgate for a $125,000 home. But they tell you "if you can afford $125,000 home, you can just pay a LITTLE MORE mortgage each month and be able to afford a $200,000 home (random example). they tell you "if you can afford $1,000 a month, you can afford $1,200 a month. the buyers then feel they REAALLLY REALLY want that extra bedroom and yeah we can squeeze a little bit more.
well then they are granted a mortgage that they realy cant afford plus along comes unexpected emergencies like the furnace breaking down, but now they dont have that extra money saved up to be able to pay for it.
or the buyer just got greedy and JJUST HAD TO HAVE that big ol house, and were not able to really afford it. or they could get a $0 down payment and just about squeeze the life out of them every month the mortgage is due. I see HGTV and i see how people have a nice beautiful adequate house, and now they want to sell it or upgrade it, and they HAVE TO HAVE marble countertops,, err granite, where they were looking at a countertop that is a pretty blue corian countertop. They HAVE TO HAVE a 4 person jacuzzi in their bathroom, etc. GREED PEOPLE!!!
also credit card companies are to blame for giving too much credit at people who cant afford it. I mean even going so far as to sending you an example of a plastic credit card IN THE MAIL. i hate those.
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RE: Anger on Main Street - 10/7/2008 6:35:45 PM
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Zhi
Posts: 1430
Joined: 7/31/2007
Status: offline
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quote:
also credit card companies are to blame for giving too much credit at people who cant afford it. I mean even going so far as to sending you an example of a plastic credit card IN THE MAIL. i hate those.
Ugh. Hubby and I get at least 6 credit card offers in the mail EVERY WEEK. Yes, that's one for every mail-delivering day of the week (though usually they come in pairs, one for him, one for me). And the government keeps raising postage rates and complaining, while they give those yahoos a discount to send me unwanted reams of tree-corpses.
Perhaps I should come up with an efficient way to burn them to heat my house and patent it. It would offset the environmental impact of the mailings, PLUS save on the heating bills, and help the economy! Bonus!
quote:
It just impresses me so much to see my country make fools of it's citizens while blatantly allowing the crooks and criminals go dancing through the streets, celebrating how they got away with it!
Well, apparently if they go dancing down main street, the problem will take care of itself, eh? ;)
_____________________________
The optimist says the glass is half full. The pessimist says the glass is half empty. The engineer says the glass is twice as large as it needs to be.
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