Title: Obama Voter Tells Him (To His Face)'I'm Exhausted of Defending You" (VIDEO- ROTFLMAO) Source:
Theodores World URL Source:http://www.theodoresworld.net/ Published:Sep 21, 2010 Author:staff Post Date:2010-09-21 13:06:29 by Murron Keywords:None Views:71359 Comments:86
Obama Voter Tells Him (To His Face)'I'm Exhausted of Defending You" (VIDEO- ROTFLMAO)
September 20, 2010
Obama spoke at a townhall meeting today in Washington D.C. when this woman expressed her disappointment in the Obama Administration. Notice how the president laughs off her comments.
"I'm one of your middle class Americans. And quite frankly, I'm exhausted. Exhausted of defending you, defending your administration, defending the mantle of change that I voted for," a woman told President Obama at a town hall. From New York Times
She described herself as a chief financial officer, a mother and a military veteran said she was disappointed that Mr. Obama had not lived up to her once-lofty expectations.
“I’m exhausted of defending you, defending your administration. … I’m deeply disappointed where we are right now,” she said, adding that when she voted for Mr. Obama, she thought he would change Washington. “I’m waiting, sir. I’m waiting. I don’t feel it yet. … Is this my new reality?”
Moments later, a young man offered a similar theme. He noted that the president had ignited a wave of inspiration for young people and students.
“That inspiration is dying away,” he said. “It feels like the American dream is not attainable for a lot of us. … Is the American dream dead for me?”
Together, the comments reflected the erosion of support among the constituency that swept Mr. Obama into office in 2008. And both were rooted in concerns about the struggling economy and its impact on future generations.
Obama told both attendees to remain hopeful. He defended his administration’s efforts to increase money for student loans, impose new laws on credit card companies and insurance companies, and stabilize the economy.
“I am confident that the American dream will continue,” Obama told the young man, adding that “there is not a country in the world that would not want to change places with us.” He told the woman who said she was disappointed that “there are a whole host of things that we have put in place that do make your life better,” but he quickly cautioned, “I understand your frustration.”
“My goal here is not to convince you that everything is where it needs to be,” Mr. Obama told her. “But what I am saying is that we are moving in the right direction.”
This program did not advocate providing loans to people who couldn't make their payments.
Please Paddy.
Do you have anything to offer othe rthan an apology for Boy Blunder being wholly incompetent - a point you've obviously stipulated to here - and forcing FN/FM to purchase very low quality loans?
From what you claim is merely down payment assistance:
•Substantially increase by at least $440 billion, the financial commitment made by the government sponsored enterprises involved in the secondary mortgage market, specifically targeted toward the minority market;
•Launching twenty-five different local initiatives across the nation, geared toward eliminating the specific homeownership barriers faced by minority families in those communities;
•Raising $750 million in below-market-rate investments by 2007, which will work in collaboration with local homeownership initiatives and be targeted to heavily minority program areas;
The President also believes that government alone can't close America's homeownership gap. It is critical that our government challenge the private sector to take concrete steps to tear down the barriers to homeownership that face minority families. The President is issuing "America's Homeownership Challenge" to the real estate and mortgage finance industries to join in his effort to increase the number of minority homeowners by 5.5 million families by the end of the decade. Many organizations have already responded to the President's challenge by committing to:
- Substantially increase by at least $440 billion, the financial commitment made by the government sponsored enterprises involved in the secondary mortgage market, specifically targeted toward the minority market;
Ouch!
And the Conservative plan to create jobs is......?????
The "at least $440billion" was an order tot he GSE to increase Subprime.
No such thing
In fact what was cited was the response by private industry, not anything the President "ordered."
Many organizations have already responded to the President's challenge by committing to:
- Substantially increase by at least $440 billion, the financial commitment made by the government sponsored enterprises involved in the secondary mortgage market, specifically targeted toward the minority market;
Substantially increase by at least $440 billion, the financial commitment made by the government sponsored enterprises involved in the secondary mortgage market, specifically targeted toward the minority market;
Are you not aware that GSEs are Fannie and Freddy?
And the Conservative plan to create jobs is......?????
People with a 550 (or lower) score could qualify with 10% down.
Thanks to the "oversite" of Freddy Mac/Fannie Mae from Frank, Dodd, Waters, and the Dems insistence that "EVERYTHING IS PEACHY KEEN!!
And then there were the ginned-up efforts (a Fix) through the CRA (Community Reinvestment Act) designed to encourage (aka blackmail) commercial banks and savings associations to meet the needs of unqualified borrowers (aka deadbeats). The entire scheme was also designed to nuke the real estate market with a bubble the size of Michelle 0bama's left azz cheek, then subsidize the Banks' losses with the middle class's wealth.
War, you NEVER get this right.
But hey - back to dwarf's commentary on the black women tired of defended the Cackhead-in Chief....
Whats telling is how he looked down at his shoes when he was saying the American Dream hasn't been lost.
Very very telling.
Nope.
All 0bama ever does is smirk like a coked-up homo who knows he's Gamed the System.
I hope Girlfriend in the vid notes the Bruthah-in-Chief is playin' her and her brethren. She's asked 0bama for some "frankness"?? HAAAA!!!
How about THIS from 0bama:
"To be frank, I'm a gay Commie Black-Muslim Separatist who hates Whitey, regards the 96% of you 'bruthah & sustahs' to be ignorant subjects, and any wealth, respect, and attainment of the American Dream you've at long last achieved....I will flush down the toilet. NIGGA. Get it now??"
IMO, the opinion of American Blacks after such an admission of "frankness" would "plummet" down to about 90% support. Sad.
It was nothing more than private lenders agreeing to sell their mortgage backed securities to the GSEs instead of other buyers and the GSEs agreeing to buy them.
Understand now? The point being it had nothing to with any government mandates of lending to subprime borrowers.
She's using her bi-racial grandchildren [the existence of whom I've long been suspect] as some sort of get out of jail free card so she can nigger it up all over the internet.
The repeal of Glass-Steagall was what set the sub-prime debacle into motion. " Diversity" rules were but a small part.
I am one of those who do not believe that a national debt is a national blessing, but rather a curse to a republic; inasmuch as it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country.-Andrew Jackson
It helped facilitate it, but was hardly the controlling factor.
Without it's repeal, the MBS game would never have reached the heights that it did.
I am one of those who do not believe that a national debt is a national blessing, but rather a curse to a republic; inasmuch as it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country.-Andrew Jackson
It separated the commercial banks from the brokers. It's repeal effectively legalized conflict of interest.
I am one of those who do not believe that a national debt is a national blessing, but rather a curse to a republic; inasmuch as it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country.-Andrew Jackson
Yes...it's the 800lb gorilla in the financial meltdown room.
But it really didn't come into play until bank dealers realized that they could syndicate the banks side's paper, i.e. monetize liabilities...which really wasn't necessary until Greenspan went on another one of infamous inflation ghost hunts.
The GOP had far less than than a veto guaranteed majority.
Yepper...the banking lbby owns a lot of Congress critters...
All in the name of "free speech" of course...
You can google the process...passed the House with a veto proof majority but not the Senate. Clinton threatened to veto. They went to conference put some elements of HillaryCare in it, passed it overwhelmingly and Clinton signed it.
