If you’re going to deny that St. George could ever be wrong, then you will refuse to acknowledge this. But facts are facts and the links I’m providing show them in plain language.

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Arcadia,

You say, “reassertion of worker’s rights to living wages”.

Cool. Can I move my family into your house with you and I’ll wash your dishes for you, which you probably don’t want to do anyway, for which besides room and board you’ll pay me a living wage and full medical and retirement benefits?

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Looks like the responsibility on THAT one would be on the borrowers. Not the gov’t and not the lending institutions. Why? Because equity is allowable in considering credit and wealth. Old fasioned materialism is to blame on that one.
Case in point – the next paragraph says…”Auto lenders and banks, closing their wallets, have prevented hundreds of thousands of consumers from obtaining the financing for a car. Home equity loans, which had been used in at least one of every nine deals, when lenders were more generous, are no longer a source of easy money for many prospective buyers.”…

So the lenders got smarter and began refusing loans based on what would essentially be an unrealized gain.

How did W encourage frivilous buying, again?

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Directly? No.

But encouraged? Enabled? Oh yes. I certainly do.

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Something about … excrement? Do you actually believe that lenders lending money to people who had no business borrowing it was instituted by W? Dude – I’ve got this $25 genuine Romex watch I’d love to sell you…just don’t wear it in the pool, or it’ll turn green.

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Here in CA with only enough Republicans in elected office to uphold a veto by the Governator, we have flouted state law that says that each year’s budget must be balanced, we have, in fact, not had a balanced budget since before Arnold was elected.

The single biggest growth in our state budget is covering more children with state supported medical care. Is this not “socialized medicine?” Who votes for “socialized medicine” if not socialists?

Are you really saying that there is a difference between a Democrat and a socialist? If so, please tell us what those differences are? I am unaware of them.

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Fewer people will vote for the Republican in the next election. That’s a huge plus.

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In fact, no “Socialists” are in power. Democrats have a scant majority in Congress — not enough to break a filibuster or override a veto — and the rightists still control the White House, for another few months.

The housing market crashed because George W. Bushs’s “ownership society” led to lenders lending money to people who had no business borrowing it. The other factors are less directly traceable to a single cause, but Democrats are certainly not to blame for any of them.

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Fuel, food, taxes. It’s all gone up since 2006. Now, what happened in 2006??? Oh yeah, minimum wage got increased!

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