So long, Republicans.

How come you are allowed to make things up and then tell us not to do the same?

The biggest problem was the ability to bundle loans and sell them. This meant there are no longer concerned with the people’s ability to pay back the loan. So they can use fancy terms and tell someone, ‘By signing up for this blah-blah-blah-blah-blah, you can borrow an extras $50,000 and your monthly payments will be the same.’ You can’t expect the average person to turn that down.

However, over-borrowing by the average person isn’t even the biggest problem today, it was real-estate speculation. People buying property on the misconception that prices would never fall back to earth. Flipping houses for quick profits, which only works until a market correction. Then the number of people overextended becomes a huge problem.

Then again, being overextended was Bush’s economic policy. ‘Go out and shop! That will show them terrorists we aren’t scared!’

Up above, you seem to be complaining that the ad is accurately quoting McCain. McCain advocated for health care to be as deregulated as banking – the same sort of deregulation McCain has championed in his quarter century in “Warshington”.

Biggest factor in the financial problems of today- Fannie and Freddie and the push from Democrats and activists on making money easier to get (with the encouragement from the President and his somewhat overzealous “ownership society.”) Unfortunately to much of the money being given got a little TOO easy which is the biggest cause of the mess we have right now.

Who called for additional regulation and oversight of Fannie and Freddie in 2001, 2003, 2005, 2006, 2007, and 2008?

And who blocked it?

(Please don’t make shit up when answering.)

William = Moron.

McCain = Wrong.

Health care is not like buying a car, you don’t get better service by opening up competition. People don’t comparison shop when they are sick. It is better to emphasize preventative care, rather than let health problems grow, but it is more profitably to simply deny coverage.

“McCain just published an article praising Wall Street deregulation; said he’d reduce oversight of the health insurance industry too, “just as we have done over the last decade in banking.””

Truth:

“I would also allow individuals to choose to purchase health insurance across state lines, when they can find more affordable and attractive products elsewhere that they prefer. Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation. Consumer-friendly insurance policies will be more available and affordable when there is greater competition among insurers on a level playing field.”

Obama = Liar