Originally Posted By: SonnyBlackstein
Romney was also a Morman and if you you anything about Mormans (Smith and his magic tablets) you would know that had Romney been elected President the USA would've officially become the laughing stock of the first world.

And just whilst we're on it, it was deregulation which lead to the 2008 crisis in the first place (De-regulation and OTC interbank trading. In the words of Greenspan, HIS one mistake was assuming individual entities were the best capable to ensure their own interests). Mitt Romney was a proponent of the very actions which caused the collapse.

The definition of madness is doing the same thing over and over and expecting a different result.


A. It's Mormon, not Morman.
B. If we get a President who defends the Constitution and is overall good at his job, what difference does his religion make? The current President believes in Black Liberation Theology, a Marxist version of Black Christianity, yet he doesn't get regularly attacked for it. I don't have to agree with the religion of any given President for him to do his job.
C. Deregulation is NOT what caused the crisis that occurred at the end of Bush's administration. It started with the housing crisis, which began in October 2005, and which led to the credit crisis that followed. It was spurred by the Community Reinvestment Act, which was a Jimmy Carter policy that was rewritten by Clinton. The Clintons not only permitted lending to underqualified borrowers, it often made banks and mortgage companies do the loans under threat -- very Mafia-like. That created the housing bubble, and as we all know, it's only a matter of time before bubble's burst. Greenspan's lending policy didn't help, but it wasn't the primary cause. If there had been no housing bubble then the low-interest Greenspan years would have made little difference. In the middle of his term Bush tried to rein in the Fannie Mae, but the Dems defended everything chairman Franklin Raines did. Added to the blame are Senator Chris Dodd and Congresspersons Barney Frank and Maxine Waters. You can read about them elsewhere, but there are plenty of books and articles out there that correct this left-wing piece of historical fiction.
D. This is one of the most misused and misattributed quotes out there. It's usually attributed to Albert Einstein, except he never said it. The original quote said that it was a sign of addiction, not insanity, and that's because the source was Alcoholics Anonymous. The legal of insanity is "mental illness of such a severe nature that a person cannot distinguish fantasy from reality, cannot conduct her/his affairs due to psychosis, or is subject to uncontrollable impulsive behavior." So on each point you don't know what you're talking about.