May
24

Why does President Obama keep trying to blame former President Bush for the Economic Crisis?

admin on May 24th, 2010

- – – – – The Administration saw this coming, and Barney Frank and Democrats blocked it. Seems we all forgot… – – – – –
Sept 11th, 2003 – NY Times’ Stephen Labaton
The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a [...]

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Finance Q&A No comments »
May
18

How do I know if he is really committed?

admin on May 18th, 2010

I’ve been dating this guy for 3 months and kind of pushed him a bit for a commitment after 2 months. Last week we had a big discussion about our future plans which I brought up. He now says he’s committed but I’m not sure if he’s just saying it or he really means [...]

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Finance Q&A 3 Comments »
May
14

When will Democrat take responsibility for the mortgage crisis?

admin on May 14th, 2010

In 2003, "The Bush administration recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis" but, Democrats opposed the overhaul.
”These two entities — Fannie Mae and Freddie Mac — are not facing any kind of financial crisis. The more people exaggerate these problems, the more pressure there is [...]

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Finance Q&A 29 Comments »
May
8

Why does Obama blame Bush and the Republicans for the housing crisis?

admin on May 8th, 2010

Apparently, the Bush administration attempted to regulate Fannie and Freddie. Here’s and article from 2003.
"The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.
Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the [...]

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Finance Q&A 23 Comments »
May
4

Obama’s campaign finance chairman Penny Pritzker aided subprime crisis?

admin on May 4th, 2010

Is this report true?
"In a sobering aside, readers should not expect any serious economic remedies for the crisis from a President Barack Obama. Obama’s national campaign finance Chairman is Chicago real estate billionaire Penny Pritzker, who is heir to among other things the Hyatt Hotels. It was Pritzker together with Merrill Lynch 10 years ago [...]

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Finance Q&A 5 Comments »
Apr
29

Why would the Democrats have Chris Dodd-a chief contributor in the financial crisis- to write finance reform?

admin on April 29th, 2010

From the fall of 2008 through early 2009, the United States government spent nearly 0 Billion to bailout the failing insurance giant, AIG. AIG then spent 5 million of this money to hand out executive “retention” bonuses to its top executives. Public outrage ensued over this apparent misuse of taxpayer dollars.
Senator Chris Dodd was responsible [...]

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Finance Q&A 4 Comments »
Apr
24

A job in the financial sector in 10 years time in japan?

admin on April 24th, 2010

Hi currently im 16 years old and im planning to work for an international finance or banking company in tokyo when im 26 years old.
Is that a good choice to make for my future due to the current economic crisis? will the finance sector be better 10 years down the road?

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Finance Q&A 1 Comment »