Michael, I presume you will now start referring to the Coleman campaign as “Floundering” everything you reference it from now on.

Or, are you going to stick to your all of these polls are flawed line?

Hahahahahahahahahahahhahahahaha!!!!!!!!!!

http://www.youtube.com/watch?v=VySnpLoaUrI

No, people over 50 don’t like it because they believed the DEMOCRAT LIES that were designed to deceive and scare them.

The partial privitization recommendation wouldn’t change anything for anyone over 50.

Why do Democrats take such joy in scaring senior citizens?

Why is Leroy such a goddam dumb piece of shit?

No, you don’t. Republicans offered the preposal. Republicans are the ONLY party recommending actual solutions to the problem.

Privatization was a good idea then. It’s still a good idea… well unless you like the government stealing 12 percent of your income only to give back 65 percent of what they stole — if you’re lucky enough to live that long. Hell if you die early, like most blacks do, the government keeps what they stole.

That’s quite a scheme you libtards cooked up.

If the republicans want to reject the nearly 600,000 Minnesotans over the age of 65 in an effort to privatize social security, I am sure the democrats would not mind absorbing them into their ranks.

The plan stinks, and no amount of republican perfume will change said fact.

I know plenty of senior citizens still in favor or partial privitization. I say “partial” becuase no plan was going to “privatize” it all.

And, I’m under 40. I’m sure in favor of it still. Even after the market fall. I’ll still do better over the next 30 years than the lousy program in place.

You obviously know absolutely nothing about the market or economics.

While the partial privatization of social security may not be wildly popular among those over 50 — it is hugely popular with people under 40. Too bad the GOP did not stick with it becase it is a winner of an issue.

I defy you to find me one senior who would favor that horrible idea now.

Keep your goddam hands off the retirement savings options that are actually working.

First, that is demonstrable bullshit. Deregulation has nothing to do with the Democrat-created housing crisis.

Even so, the current performance of the stock market in no way justifies the retarded plan that Franken is advancing. It is a communist wealth redistribution plan, that would destroy retirement savings for most everyone.

In moving even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk which may
not pose any difficulties during flush economic times. But the government- subsidized corporation mat run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and load industry in the 1980’s.

“From the perspective of many people, including me, this is another thrift industry growing up around us,” said Peter
Williston a resident fellow at the American Enterprise Institute. “If they fail the government will have to step up and
bail them out the way it stepped up and bailed out the thrift industry.”

Under Fannie Mae’s pilot program, consumes who qualify can secure a mortgage with an interest rate one percentage
point above that of a conventional, 30-year fixed rate mortgage of less than $240,000 — a rate that currently averages
about 7 .76 per cent. If the borrower makes his or her monthly payments on time for two years, the one percentage point
premium is dropped.

Fannie Mae, the nation’s biggest underwriter of home mortgages, does not lend money directly to consumers. Instead, it
Purchases loans that banks make on what is called the secondary market. By expanding the type of loans that it will buy,
Fannie Mae is hoping to spur banks to make more loans to people with less-than-stellar credit ratings.
Fannie Mae officials stress that the new mortgages will be extended to all potential borrowers who can qualify for a
Mortgage. But they add that the move is intended in part to increase the number of minority and low income home
(Owners who tend to have worse credit ratings than non-Hispanic whites.
Home ownership has, in fact, exploded among minorities during the economic boom of the 1990’s. The number of
mortgages extended to Hispanic applicants jumped by 57.2 per cent from 1993 to 1998, according to Harvard
University’s Joint Center for Housing Studies. During that same period the number of African Americans who got
mortgages to buy a home increased by 71.9 per cent and the number of Asian Americans by 46.3 per cent.
In contrast, the number of non-Hispanic whites who received loans for homes increased by 31.2 per cent.
Despite these gains, home ownership rates for minorities continue to lag behind non-Hispanic whites, in part because
blacks and Hispanics in particular tend to have on average worse credit ratings.
In July, the Department of Housing and Urban Development proposed that by the year 2001,50 percent of Fannie Mae’s
and Freddie Mac’s portfolio be made up of loans to low and moderate-income borrowers. Last year, 44 percent of the
loans Fannie Mae purchased were from these groups.
The change in policy also comes at the same time that HUD is investigating allegations of racial discrimination in the
automated underwriting systems used by Fannie Mae and Freddie Mac to determine the credit-worthiness of credit
applicants.

Liberals just can’t tolerate that.

Franken’s proposal is stupid and counterproductive. It’s just another bloated, ridiculous wealth redistribution program. It penalizes retirement savings for most everybody and attempts to fix the part of the system that’s not broken.

Another stupid fucking Democrat idea. Brought to you by communism.

Yeah, George W. Bush has been a terrific Democrat.

Your boy is the one who brought us the $1 trillion bailout bill.

To paraphrase Dean Barkley, how many more trillion dollar mistakes can we allow republicans to make?

Here’s an idea you stupid liberal dip shits, try streamlining government programs instead of inventing new ones that can fuck up the country.

While it’s cute that Franken acknowledges that the bottom end pays no taxes, he describes a massive government handout and wealth redistribution program as “an incentive to save.”

WTF?

If you want to incent people to save, then eliminate taxes on both retirement account contributions and withdrawal. For that matter, eliminate taxes on interest from Certificates of Deposit and Savings Accounts as well.

The current social security plan, where government robs you of 12 percent of your income for your life and then pays back only 65 percent of what they stole if you’re luck enough to live that long doesn’t work. It’s economically, socially and morally bankrupt.

I can see why this scares Norm. It is not only a new idea, it is a good idea.