According to the 22nd Amendment, which was ratified in 1951, no
President may serve longer than a decade (period of 10 years) (two
terms plus a maximum of two years having acceded as President under
some other President's term). This means that Franklin Delano
Roosevelt will continue to be the first on this list unless the 22nd
Amendment is changed or repealed, and some future President is
re-elected the requisite number of times, pursuant to such a change or
repeal.
> According to the 22nd Amendment, which was ratified in 1951, no
> President may serve longer than a decade (period of 10 years) (two
> terms plus a maximum of two years having acceded as President under
> some other President's term). This means that Franklin Delano
> Roosevelt will continue to be the first on this list unless the 22nd
> Amendment is changed or repealed, and some future President is
> re-elected the requisite number of times, pursuant to such a change or
> repeal.
Dwight Eisenhower was the first affected by this amendment....a Republican.
St. Ronnie Reagan was the second.....a Republican.
> According to the 22nd Amendment, which was ratified in 1951, no
> President may serve longer than a decade (period of 10 years) (two
> terms plus a maximum of two years having acceded as President under
> some other President's term). This means that Franklin Delano
> Roosevelt will continue to be the first on this list unless the 22nd
> Amendment is changed or repealed, and some future President is
> re-elected the requisite number of times, pursuant to such a change or
> repeal.
"... just like Franklin D. Roosevelt 3 terms"
Actually FDR was elected president 4 times.. He died early in the
4th.
>> According to the 22nd Amendment, which was ratified in 1951, no
>> President may serve longer than a decade (period of 10 years) (two
>> terms plus a maximum of two years having acceded as President under
>> some other President's term). This means that Franklin Delano
>> Roosevelt will continue to be the first on this list unless the 22nd
>> Amendment is changed or repealed, and some future President is
>> re-elected the requisite number of times, pursuant to such a change or
>> repeal.
> Had the restriction not been in place, President Clinton would have won a
> third term without ever campaigning. It would have been a landslide of
> incredible proportions - this despite the fact that he was a moral pig in
> his personal life for the Lewinsky affair and lying about it. Granted,
> Hillary probably stopped giving him anything a long time before that, but > he
> could have at least kept his affairs discreet the same way that JFK did. > But
> in any case, he had enormous support after the failed impeachment
> proceedings and if it had been possible to re-elect him, then the debacle > of
> Dubya never would have happened.
You're a lying fuckwit as usual.
"Its one of the hidden success stories of the Clinton era. In the great housing boom of the 1990s, black and Latino homeownership has surged to the highest level ever recorded."
"All of this suggests that Clintons efforts to increase minority access to loans and capital also have spurred this decades gains. Under Clinton, bank regulators have breathed the first real life into enforcement of the Community Reinvestment Act, a 20-year-old statute meant to combat redlining by requiring banks to serve their low-income communities. The administration also has sent a clear message by stiffening enforcement of the fair housing and fair lending laws. The bottom line: Between 1993 and 1997, home loans grew by 72% to blacks and by 45% to Latinos, far faster than the total growth rate.""
"Fannie Mae and Freddie Mac buy mortgages from lenders and bundle them into securities; that provides lenders the funds to lend more"
"In 1992, Congress mandated that Fannie and Freddie increase their purchases of mortgages for low-income and medium-income borrowers. Operating under that requirement, Fannie Mae, in particular, has been aggressive and creative in stimulating minority gains."
"The two companies are now required to devote 42% of their portfolios to loans for low- and moderate-income borrowers"
"Although Fannie Mae actually has exceeded its target since 1994, it is resisting any hike. It argues that a higher target would only produce more loan defaults by pressuring banks to accept unsafe borrowers."
"The Bush administration today recommended the most significant regulatory
overhaul in the housing finance industry since the savings and loan crisis a
decade ago."
"Under the plan, disclosed at a Congressional hearing today, a new agency
would be created within the Treasury Department to assume supervision of
Fannie Mae and Freddie Mac, the government-sponsored companies that are the
two largest players in the mortgage lending industry."
"McCain Letter Demanded 2006 Action on Fannie and Freddie"
"Sen. John McCain's 2006 demand for regulatory action on Fannie Mae and Freddie Mac could have prevented current financial crisis, as HUMAN EVENTS learned from the letter shown in full text below."
Unlike Bush and McCain, as senator, Obama did nothing, other than earn the distinction of becoming the second largest recipient of F&F contributions in the entire congress, even in his short stint there.
Bill Clinton himself said it best:
"I think the responsibility the Democrats have may rest more in resisting
any efforts by Republicans in the Congress or by me when I was President to
put some standards and tighten up a little on Fannie Mae and Freddie Mac."
-Bill Clinton
''These two entities -- Fannie Mae and Freddie Mac -- are not facing any
kind of financial crisis,'' said Representative Barney Frank of
Massachusetts, the ranking Democrat on the Financial Services Committee.
''The more people exaggerate these problems, the more pressure there is on
these companies, the less we will see in terms of affordable housing.''
> According to the 22nd Amendment, which was ratified in 1951, no
> President may serve longer than a decade (period of 10 years) (two
> terms plus a maximum of two years having acceded as President under
> some other President's term). This means that Franklin Delano
> Roosevelt will continue to be the first on this list unless the 22nd
> Amendment is changed or repealed, and some future President is
> re-elected the requisite number of times, pursuant to such a change or
> repeal.
> "... just like Franklin D. Roosevelt 3 terms"
> Actually FDR was elected president 4 times.. He died early in the
> 4th.
> > According to the 22nd Amendment, which was ratified in 1951, no
> > President may serve longer than a decade (period of 10 years) (two
> > terms plus a maximum of two years having acceded as President under
> > some other President's term). This means that Franklin Delano
> > Roosevelt will continue to be the first on this list unless the 22nd
> > Amendment is changed or repealed, and some future President is
> > re-elected the requisite number of times, pursuant to such a change or
> > repeal.
> > "... just like Franklin D. Roosevelt 3 terms"
> > Actually FDR was elected president 4 times.. He died early in the
> > 4th.
> That's how he ended the depression.
> -Eddie Haskell
"That's how he ended the depression", that began in '29 just 8 months
after Hoover (R) took office. By the time FDR died (early 45) the US
economy was booming.
> > According to the 22nd Amendment, which was ratified in 1951, no
> > President may serve longer than a decade (period of 10 years) (two
> > terms plus a maximum of two years having acceded as President under
> > some other President's term). This means that Franklin Delano
> > Roosevelt will continue to be the first on this list unless the 22nd
> > Amendment is changed or repealed, and some future President is
> > re-elected the requisite number of times, pursuant to such a change or
> > repeal.
> > "... just like Franklin D. Roosevelt 3 terms"
> > Actually FDR was elected president 4 times.. He died early in the
> > 4th.
> That's how he ended the depression.
> -Eddie Haskell
> "That's how he ended the depression", that began in '29 just 8 months
> after Hoover (R) took office. By the time FDR died (early 45) the US
> economy was booming.
That's because we had physically eliminated world competition, but together Hoover and FDR caused the great depression.
> Learn history.
Real history, or liberal revisionist history?
Now watch this, folks. This is the part where gets another upset stomach.
"The final attempt of the Hoover Administration to rescue the economy was the passage of the Emergency Relief and Construction Act which included funds for public works programs and the creation of the Reconstruction Finance Corporation (RFC) in 1932."
"In order to pay for these and other government programs, Hoover agreed to one of the largest tax increases in American history. The Revenue Act of 1932 raised income tax on the highest incomes from 25% to 63%. The estate tax was doubled and corporate taxes were raised by almost 15%."
"New Dealer Rexford Tugwell later remarked that although no one would say so at the time, "practically the whole New Deal was extrapolated from programs that Hoover started.""
"We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and if I am wrong ... somebody else can have my job. I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises ... I say after eight years of this Administration we have just as much unemployment as when we started ... And an enormous debt to boot!"
> According to the 22nd Amendment, which was ratified in 1951, no
> President may serve longer than a decade (period of 10 years) (two
> terms plus a maximum of two years having acceded as President under
> some other President's term). This means that Franklin Delano
> Roosevelt will continue to be the first on this list unless the 22nd
> Amendment is changed or repealed, and some future President is
> re-elected the requisite number of times, pursuant to such a change or
> repeal.
