Russ Feingold: “This is like the Tea Party — only it’s real... Occupy Wall St. ‘will make the tea party look like a tea party"
“I’m really encouraged by what I’m seeing. People around the country are finally organizing to stand up to the huge influence of corporations on government and our lives. This kind of citizen reaction to corporate power and corporate greed is long overdue.”
“The guys who are protesting are not filing legal briefs,” he said. “They are expressing the populist, genuine view that people have been ripped off. It’s a fundamental identification of the fact that people are getting taken for a ride by powerful interests who are getting away with murder.”
this is good as long as they can hold on to that.....the 60's revolutionists did it and became the corporate yuppies of today......
...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS
The trouble started long before GWB, go back and read your history it was during the Jimmy [everybody feel good] Carter administration that the housing bubble started to form and it blew up during the GWB administration. Clinton administration changed the housing system even more to allow even more of those who couldn't afford to buy a house into the housing market. It was just a matter of time until the system failed just like the high tech bubble did.
The housing bubble didn't start with Carter -- under Carter inflation and interest rates went through the roof -- no one could afford to buy homes then.
The actions of the Clinton administration AND liberals (Barney Frank - give mortgages to everyone) and conservatives (Phil Gramm - repeal Glass-Steigel that regulated banks and finance firms) in Congress led to the housing bubble and the abuses on Wall Street -- that wrecked our economy.
George Amedore & Christian Klueg for NYS Senate 2016 Pete Vroman for State Assembly 2016[/size][/color]
"For this is what America is all about. It is the uncrossed desert and the unclimbed ridge. It is the star that is not reached and the harvest that is sleeping in the unplowed ground." Lyndon Baines Johnson
Jimmy Carter Housing and Community Development Act of 1977 Remarks on Signing H.R. 6655 Into Law. October 12, 1977 Public Papers of the Presidents Jimmy Carter 1977: Book II Jimmy Carter 1977: Book II Location:
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The American Presidency Project
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Good morning, everybody. I'm glad to be here on this occasion, which I think is a very happy one for our country.
There's been a great deal of work that's gone into the production of the Housing and Community Development Act of 1977. One of the first recommendations that I made to Congress was to stimulate improvements in the housing field, which had come in a sad state, I think, in the last number of years.
During the campaign, I spent a couple of years moving around the country, trying to learn about our people's needs. And there are some devastated areas where American citizens live that are a disgrace to our great country.
There's no immediate solution that can be offered. I visited the South Bronx last week, which is enough to shake our confidence in the structure that we've evolved. And I know that in many other places in the country there are similar areas which need to be addressed by all of the leaders in this country in the private and public sector. We have made some progress in the last 9 months under Pat Harris' leadership.
We've already more than doubled the number of assisted houses being constructed. Now, as a matter of fact, about a fourth of the total multifamily houses in the Nation are assisted housing.
But this bill takes a giant step forward and gives me and the administration, the lending institutions, private developers, local and State officials, a framework within which we can make great improvements in the housing of our people. Because of the good work of the Members of the House and the Senators behind me, there's been a focusing of attention to the more devastated and needy communities of our country, in large and small cities and in rural areas.
The formulae that have been evolved will permit this to be done. There will be $12.4 billion over the next 3 years that will go into the community development block grant program, again concentrated in older and more distressed communities of our country.
In the urban development action grant, which is designed primarily to stimulate private investment, there will be $400 million a year. Rent subsidies will permit a substantial increase. 317,000 more families can be housed under the Section 8 program, again stimulating primarily private investment into renovation and building of adequate housing for our people.
The Congress has added a restraint on unwarranted redlining of depressed areas. Although this will require some additional effort in administration, I think it spells out the Congress attitude that this is not a proper way to deal with areas that are on the decline, that we need to work together to restimulate them.
In general, this is a very excellent piece of legislation. There's one portion of it that does cause me some concern and that's Title VII, which removes the constraints on the building of homes in flood plain areas.
We will be considering how we can salvage the flood damage insurance program and also restrict the building of homes in areas that are very likely to be flooded in the future. With this provision it's been estimated that we might have $4 1/2 billion of flood damage to homes that are built in areas where the rivers and streams are going to flood. And whether or not to come back with corrective legislation next year or whether to try to deal with this administratively is something we haven't decided.
But I would like to congratulate the distinguished Members of the House and Senate for the very fine work they've done with this legislation--it's a controversial piece of legislation--in devising the formulae to channel funds into areas that are most in need. But I think they have done a superb job. And with a great deal of appreciation to the Congress and, I think, congratulations to the people who seek better housing in the United States, I'm very glad to sign this House of Representatives bill 6655, which is the Housing and Community Development Act of 1977. Thank you very much.
Senders .. the housing bubble did NOT start under President Carter .. the bill you cite may or may not have exacerbated the problem 20 years later --- but there is no way you can say "the bubble started under Jimmy Carter"
George Amedore & Christian Klueg for NYS Senate 2016 Pete Vroman for State Assembly 2016[/size][/color]
"For this is what America is all about. It is the uncrossed desert and the unclimbed ridge. It is the star that is not reached and the harvest that is sleeping in the unplowed ground." Lyndon Baines Johnson
Like anything else Ron Paul touches, he will ruin the movement and just use it as a recruiting tool... So typical...
I'm betting Ron Paul DOESN'T know where Jimmy Hoffa is buried, though...
"Arguing with liberals is like playing chess with a pigeon; no matter how good I am at chess, the pigeon is just going to knock out the pieces, crap on the board, and strut around like it is victorious." - Author Unknown
I'm betting Ron Paul DOESN'T know where Jimmy Hoffa is buried, though...
There are some who believe that Hoffa "became a part of" the Jeffries Freeway in Detroit --part of which was being constructed at the time of his disappearance.
George Amedore & Christian Klueg for NYS Senate 2016 Pete Vroman for State Assembly 2016[/size][/color]
"For this is what America is all about. It is the uncrossed desert and the unclimbed ridge. It is the star that is not reached and the harvest that is sleeping in the unplowed ground." Lyndon Baines Johnson
Vikram Pandit, CEO Citigroup, said he thinks the Occupy Wall Street protesters are "completely understandable." "Their sentiments are completely understandable," Pandit said in an interview Wednesday with Andrew Serwer of Fortune Magazine. "The economic recovery is not what we all want it to be, there are a number of people in our country who cant achieve what they are capable of achieving and that's not a good place to be."
"I would also corroborate that trust has been broken between financial institutions and the citizens of the U.S. and that it's Wall Street's job to reach out to Main Street and rebuild that trust."
"I'd talk about the fact that they should hold Citi and the financial institutions accountable for practicing responsible finance."
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
The housing collapse started with Jimmy Carter. Clinton and Bush made it worse by forcing banks to take unqualified applicants. Occupy Wall Street sounds like a never ending Hitler Youth rally. Really disgusting that Mayor Bloomberg hasn't cleaned up this crap by now. Let the greatest police force in the world restore order and take back the park.
The housing collapse started with Jimmy Carter. Clinton and Bush made it worse by forcing banks to take unqualified applicants. Occupy Wall Street sounds like a never ending Hitler Youth rally. Really disgusting that Mayor Bloomberg hasn't cleaned up this crap by now. Let the greatest police force in the world restore order and take back the park.
Speaking of HITLER... This sounds like it came from the Fuhrer himself: " Let the greatest police force in the world restore order and take back the park."
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
Vikram Pandit, CEO Citigroup, said he thinks the Occupy Wall Street protesters are "completely understandable." "Their sentiments are completely understandable," Pandit said in an interview Wednesday with Andrew Serwer of Fortune Magazine. "The economic recovery is not what we all want it to be, there are a number of people in our country who cant achieve what they are capable of achieving and that's not a good place to be."
"I would also corroborate that trust has been broken between financial institutions and the citizens of the U.S. and that it's Wall Street's job to reach out to Main Street and rebuild that trust."
"I'd talk about the fact that they should hold Citi and the financial institutions accountable for practicing responsible finance."
That was a whole lot of words with no meaning...When he says "they" should hold Citi and financial institutions accountable,,,who is "they"? This was a Bill Clinton "I feel your pain" speech filled with gobblety gook. He sounds like a salesman. Is he suggesting that he and Citi face a criminal charges? He would only be suggesting that if he knew it would be held in a kangaroo court where the judges and prosecutors are bought and paid for by Wall Street.
Speaking of HITLER... This sounds like it came from the Fuhrer himself: " Let the greatest police force in the world restore order and take back the park."
You act like he's calling for the assassination of a U.S. citizen.
Occupy L.A. Speaker: “One of the speakers said the solution is nonviolent movement. No, my friend. I’ll give you two examples: French Revolution, and Indian so-called Revolution.
Gandhi, Gandhi today is, with respect to all of you, Gandhi today is a tumor that the ruling class is using constantly to mislead us. French Revolution made fundamental transformation. But it was bloody.
India, the result of Gandhi, is 600 million people living in maximum poverty.
So, ultimately, the bourgeoisie won’t go without violent means. Revolution! Yes, revolution that is led by the working class.
Vikram Pandit, CEO Citigroup, said he thinks the Occupy Wall Street protesters are "completely understandable." "Their sentiments are completely understandable," Pandit said in an interview Wednesday with Andrew Serwer of Fortune Magazine. "The economic recovery is not what we all want it to be, there are a number of people in our country who cant achieve what they are capable of achieving and that's not a good place to be."
"I would also corroborate that trust has been broken between financial institutions and the citizens of the U.S. and that it's Wall Street's job to reach out to Main Street and rebuild that trust."
"I'd talk about the fact that they should hold Citi and the financial institutions accountable for practicing responsible finance."
what did you think he would say? "You guys are a bunch of lazy douche-bags, and you'll never be as rich as me?"
His home must be within walking distance of OWS New York
"Arguing with liberals is like playing chess with a pigeon; no matter how good I am at chess, the pigeon is just going to knock out the pieces, crap on the board, and strut around like it is victorious." - Author Unknown
why do I want to bet my paycheck that this guy is undocumented?
"Arguing with liberals is like playing chess with a pigeon; no matter how good I am at chess, the pigeon is just going to knock out the pieces, crap on the board, and strut around like it is victorious." - Author Unknown
That was a whole lot of words with no meaning...When he says "they" should hold Citi and financial institutions accountable,,,who is "they"? This was a Bill Clinton "I feel your pain" speech filled with gobblety gook. He sounds like a salesman. Is he suggesting that he and Citi face a criminal charges? He would only be suggesting that if he knew it would be held in a kangaroo court where the judges and prosecutors are bought and paid for by Wall Street.
The interview was about Occupy Wall Street Protesters... The question was about issues raised by Occupy Wall Street Protesters...
If you can't figure out who "THEY" are, then I doubt that anyone can explain it to you.
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
Logged
The housing collapse started with Jimmy Carter. Clinton and Bush made it worse by forcing banks to take unqualified applicants. Occupy Wall Street sounds like a never ending Hitler Youth rally. Really disgusting that Mayor Bloomberg hasn't cleaned up this crap by now. Let the greatest police force in the world restore order and take back the park. 
