Accomplishments of President Obama - Page 3

lookout123 · 01-14-2010, 01:33 PM

pssst. who do you think will actually pay that?

TheMercenary · 01-14-2010, 01:35 PM

It will come in the form of an admin fee passed down to the users, and in keeping with the Dems process of making it seem like they can't pass it on, it will be implemented over a number of years.

lookout123 · 01-14-2010, 01:39 PM

That's ok. Only rich people use banks anyway.

glatt · 01-14-2010, 01:44 PM

If one bank has a fee and another bank doesn't, how long before consumers figure this out and go to the bank without the fee? No, the banks will hide it somewhere, like in slightly lower interest payments, and hope nobody notices.

lookout123 · 01-14-2010, 01:47 PM

Do banks all charge the same fees now? People bank where they do for a variety of reasons, not just fees.

It doesn't matter where the banks put the fees, the point is that this new tax on the bad guy is really just another tax on you and your neighbors. way to play it straight Obama.

Clodfobble · 01-15-2010, 01:16 PM

But if it's just as easy as sneaking/demanding more money from consumers, how were the banks ever broke in the first place? At some point customers will either refuse to pay more, or have no more to give.

Shawnee123 · 01-15-2010, 01:22 PM

The Credit Cardholder's Bill of Rights Act of 2009

Quote:

On December 18, 2008 the Federal Reserve voted to end many unfair credit card practices. However, the new rules didn't make it through the Senate before the 110th session of Congress ended.

Fortunately, the rules were amended and renamed to the Credit Card Accountability Responsibility and Disclosure Act of 2009 or the Credit CARD Act of 2009. The law was revoted and passed in both the House and the Senate. President Obama signed the legislation on May 22, 2009, making it part of the Truth in Lending Act.

Quote:

No more double cycle billing finance charges.

No interest rate increases during the first 12 months of opening a credit card, unless the rate increase was disclosed when you first opened the credit card.

Credit card issuers must give a 45-day advanced notice before increasing your interest rate or making any major change to your credit card agreement. This is a big increase over the current 15-day advanced notice requirement.

Payments above the minimum must be applied to highest-interest rate balances.

No fees to make your credit card payment online, by mail, or over the phone, unless you make a last-minute payment over the phone and your bill is due the same day or next day.

01-15-2010, 03:39 PM

Quote:

Originally Posted by lookout123

pssst. who do you think will actually pay that?

Shouldnt the big banks and lending institutions that received TARP funds pay those funds back in full?

Agreed there is probably a better way, but what is to prevent passing those costs on under any proposal?

Quote:

Originally Posted by Shawnee123

The Credit Cardholder's Bill of Rights Act of 2009

A great (not just good) law, long over-due. But of course, unfortunately, some of the worst offenders will spend big bucks to find loopholes.

And, nothing will ever replace more personal responsibility when it comes to credit cards and personal finances.

Shawnee123 · 01-15-2010, 03:46 PM

Oh, I agree, but it does take away some of the trickery that the powerful credit card companies employ.

I think it was Voltaire who said (what'd he say again?)

01-15-2010, 04:58 PM

Quote:

Originally Posted by Shawnee123

...I think it was Voltaire who said (what'd he say again?)

Banquiers! Bah, porcs bourgeois ... hors de leur tête.

Shawnee123 · 01-15-2010, 06:04 PM

spudcon · 01-15-2010, 10:14 PM

Don't forget these accomplishments
--1st president in 110 years to miss the annual Army-Navy Football Game.

---1st president to not attend any Christmas religious observance.

---1st president to stay on vacation after a terrorist attack

Add to that, he's the first President not to stay in Washington for Christmas for the last 20 years. Past Presidents did not leave Washington for Christmas vacation until after Christmas. This was done so that their staff (Secret Service, Air Force One Crew, Limousine transport, Presidential advancing logistics etc..) could be with their families for Christmas.

tw · 01-15-2010, 11:58 PM

When his Chief of Staff whispered in his ear, "A second plane has just struck the World Trade Center", then Obama sat for 15 minutes in a childs chair. Did not move. Did not ask any questions. Simply waited to be told what to do.

When informed that the worst possible scenario - a category 5 hurricane - would strike a major American city, Obama flew to Orange County CA for a campaign fund raiser. And then to McCain's birthday party in AZ.

When a tsunami killed a half million people, Obama refused for a week to let the Eisenhower task force in Hong Kong go to their rescue. After all, Obama said six C-130s were assistance.

When his Sec of the Treasury arrived to discuss a four page memo on the economy, Obama's Treasury Secretary discovered Obama had never read it. So he spent two hours reading and explaining that memo to Obama point by point.

After being informed of the political agenda, Obama decided to send men to Mars.

After meeting with the German Chancellor, then Norway's Foreign Minister said Obama would destroy the Oslo Accords.

Oh. Sorry. George Jr already did that. Which proves wacko extremists must be smarter. Limbaugh has again told me how to think.

When terrorists attacked on 9/11, our president sat in a childs chair for 15 minutes without even asking one question. He must be so smart as to never need to ask anything.

01-16-2010, 12:39 AM

Spud, dude....can you make that post any bigger and bolder?

Quote:

Originally Posted by spudcon

Don't forget these accomplishments:

1st president in 110 years to miss the annual Army-Navy Football Game.

Unpatriotic bastard!

Quote:

1st president to not attend any Christmas religious observance.

God-less heathen!

Quote:

1st president to stay on vacation after a terrorist attack

Lazy irresponsible bum!

The Obama Trifecta and A Trifecta of Nonsense

It never ceases to amaze me that some are so consumed with hate that they buy into these inane viral e-mails without a second thought.

bluecuracao · 01-16-2010, 02:29 AM

Quote:

Originally Posted by spudcon

Add to that, he's the first President not to stay in Washington for Christmas for the last 20 years. Past Presidents did not leave Washington for Christmas vacation until after Christmas. This was done so that their staff (Secret Service, Air Force One Crew, Limousine transport, Presidential advancing logistics etc..) could be with their families for Christmas.

No presidential staff on hand for the last 20 years of Xmas? Oh sure.

01-14-2010, 01:33 PM	#31
lookout123 changed his status to single Join Date: Apr 2004 Location: Right behind you. No, the other side. Posts: 10,308	pssst. who do you think will actually pay that? __________________ Getting knocked down is no sin, it's not getting back up that's the sin

01-14-2010, 01:35 PM	#32
TheMercenary “Hypocrisy: prejudice with a halo” Join Date: Mar 2007 Location: Savannah, Georgia Posts: 21,393	It will come in the form of an admin fee passed down to the users, and in keeping with the Dems process of making it seem like they can't pass it on, it will be implemented over a number of years. __________________ Anyone but the this most fuked up President in History in 2012!

01-14-2010, 01:39 PM	#33
lookout123 changed his status to single Join Date: Apr 2004 Location: Right behind you. No, the other side. Posts: 10,308	That's ok. Only rich people use banks anyway. __________________ Getting knocked down is no sin, it's not getting back up that's the sin

01-14-2010, 01:47 PM	#35
lookout123 changed his status to single Join Date: Apr 2004 Location: Right behind you. No, the other side. Posts: 10,308	Do banks all charge the same fees now? People bank where they do for a variety of reasons, not just fees. It doesn't matter where the banks put the fees, the point is that this new tax on the bad guy is really just another tax on you and your neighbors. way to play it straight Obama. __________________ Getting knocked down is no sin, it's not getting back up that's the sin

01-15-2010, 01:16 PM	#36
Clodfobble UNDER CONDITIONAL MITIGATION Join Date: Mar 2004 Location: Austin, TX Posts: 20,012	But if it's just as easy as sneaking/demanding more money from consumers, how were the banks ever broke in the first place? At some point customers will either refuse to pay more, or have no more to give. __________________ My book My other book My spirit animal

01-14-2010, 01:44 PM	#34
glatt ™ Join Date: Jul 2003 Location: Arlington, VA Posts: 27,717	If one bank has a fee and another bank doesn't, how long before consumers figure this out and go to the bank without the fee? No, the banks will hide it somewhere, like in slightly lower interest payments, and hope nobody notices.

01-15-2010, 03:46 PM	#39
Shawnee123 Why, you're a regular Alfred E Einstein, ain't ya? Join Date: Jun 2006 Posts: 21,206	Oh, I agree, but it does take away some of the trickery that the powerful credit card companies employ. I think it was Voltaire who said (what'd he say again?) __________________ A word to the wise ain't necessary - it's the stupid ones who need the advice. --Bill Cosby

01-15-2010, 06:04 PM	#41
Shawnee123 Why, you're a regular Alfred E Einstein, ain't ya? Join Date: Jun 2006 Posts: 21,206	__________________ A word to the wise ain't necessary - it's the stupid ones who need the advice. --Bill Cosby

01-15-2010, 10:14 PM	#42
spudcon Beware of potatoes Join Date: May 2007 Location: Upstate NY, USA Posts: 2,078	Don't forget these accomplishments --1st president in 110 years to miss the annual Army-Navy Football Game. ---1st president to not attend any Christmas religious observance. ---1st president to stay on vacation after a terrorist attack Add to that, he's the first President not to stay in Washington for Christmas for the last 20 years. Past Presidents did not leave Washington for Christmas vacation until after Christmas. This was done so that their staff (Secret Service, Air Force One Crew, Limousine transport, Presidential advancing logistics etc..) could be with their families for Christmas. __________________ "I believe that being despised by the despicable is as good as being admired by the admirable."

01-15-2010, 11:58 PM	#43
tw Read? I only know how to write. Join Date: Jan 2001 Posts: 11,933	When his Chief of Staff whispered in his ear, "A second plane has just struck the World Trade Center", then Obama sat for 15 minutes in a childs chair. Did not move. Did not ask any questions. Simply waited to be told what to do. When informed that the worst possible scenario - a category 5 hurricane - would strike a major American city, Obama flew to Orange County CA for a campaign fund raiser. And then to McCain's birthday party in AZ. When a tsunami killed a half million people, Obama refused for a week to let the Eisenhower task force in Hong Kong go to their rescue. After all, Obama said six C-130s were assistance. When his Sec of the Treasury arrived to discuss a four page memo on the economy, Obama's Treasury Secretary discovered Obama had never read it. So he spent two hours reading and explaining that memo to Obama point by point. After being informed of the political agenda, Obama decided to send men to Mars. After meeting with the German Chancellor, then Norway's Foreign Minister said Obama would destroy the Oslo Accords. Oh. Sorry. George Jr already did that. Which proves wacko extremists must be smarter. Limbaugh has again told me how to think. When terrorists attacked on 9/11, our president sat in a childs chair for 15 minutes without even asking one question. He must be so smart as to never need to ask anything.

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