Did anyone watch the Obama Infomercial?
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Did anyone watch the Obama Infomercial?
| Wed, 10-29-2008 - 9:56pm |
I missed it due to a graduate class :( so I wondered if anyone else had seen it. I was surprised not to see anything posted here about it. If you did watch it what did you think? Good? Bad? Valuable info? Waste of time? Are you planning to watch McCain later tonight?


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A friends MIL is going thru chemo and her nausea pills are 800 a month.
Greatly Missed, Never Ever Forgotten
Greatly Missed, Never Ever Forgotten
Wow I didn't realize chemo pills were that expensive. My what has this country become?
I wonder how health care started in this country, it's very messed up!
:-(
< picking a popular, successful governor
>>> Why does everybody keep saying this?
Um...because it's true.
>>> All the people I know (repub, indendp, dems) had NO CLUE who she was. Hence the intial curiosity factor on her.
I doubt that "all the people you know (repub, indendp, dems) would know who most of the governors in America were, and I doubt that you'd have gotten the same reaction from almost any other choice. Palin was unexpected, obviously a woman, and one of the few politicians in the country with a record of being a "maverick" and bi-partisan.
>>> So she was popular by who's standards prior to being named the Repub VP candidate?
Her constituents in Alaska...the people she serves...gave her an 80+% approval rating. She must have been doing something right.
>>> Now she is popular...hitting celebrity status. Oooppsss she better watch out because Obama was crucified for such a thing.
Obama's ego and arrogance SOUGHT out celebrity...Palin has had it thrust upon her.
even with insurance -- the portions of her meds that my mil had to pay for her meds associated with her chemo were unbelievable
That's right. And Obama will do the same. No one will get a tax cut.
I cannot tell you how much I sympathize with your friend's mil.
>>> Yes, Mortgage companies DID know what they were getting into by pushing subprime mortgages. One of the most popular subprimes used is a ARM (adjustable rate mortgage). I use to work with them in the commercial sector at my previous employer. Libor's were the most popular. Any variable rate loan has more "risk" associated with it than a fixed rate.
ARM's aren't necessarily sub-primes, and the "risk" to the bank is the same as with a fixed rate loan. It does have a "risk" to the homeowner if it goes up, but that's generally mitigated by being a cheaper loan than a fixed rate. It's a gamble that many homeowners choose to take if they don't plan on being in a particular home for many years.
>>> Subprimes are nothing new. They have been around for ages. Proper due diligence wasn't done to determine if someone can actually afford the reset mortgage price. Something that could have been "predicted" or foreseen. Rate ceilings and floors could have been used by mortgage companies to.
That'
Also, subprimes were not meant to put people in homes they could not afford to begin with.
True, but in practice, that's how "redlining" was eliminated. The CRA was enacted to address the issue...
a United States federal law designed to encourage commercial banks and savings associations to meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods.
http://en.wikipedia.org/wiki/Community_Reinvestment_Act
This liberal attempt at social engineering had predictable results.
>>> Blame the dems if you want but who said that mortgage companies had to throw caution to the wind and give these loans out to everybody even those that could in NO way pay a 2500 mortgage on their 50,000 combined income. ?
Actually, it was the Democrats...starting with the CRA, and then using Fannie and Freddie to imply government guarantee of the shady mortgages. The Dems in Congress then ran defense to "protect" their cash cow from Republican attempts, by both Bush and McCain, to regulate the sub-prime lending...and you've seen the results.
>>> All the people I know (repub, indendp, dems) had NO CLUE who she was. Hence the intial curiosity factor on her.
~~~~~~I doubt that "all the people you know (repub, indendp, dems) would know who most of the governors in America were, and I doubt that you'd have gotten the same reaction from almost any other choice. Palin was unexpected, obviously a woman, and one of the few politicians in the country with a record of being a "maverick" and bi-partisan.
~~~~~~Her constituents in Alaska...the people she serves...gave her an 80+% approval rating. She must have been doing something right.
Approval rating is equal to popularity?
Greatly Missed, Never Ever Forgotten
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