Huckabee decries 'eBay' presidency

Mike, Hermosa Beach, CA — Fri, 07 Dec 2007 20:48:35 GMT

This is yet more evidence that Huckabee is, for lack of a better word, an idiot. Bush's fix helps people who weren't creditworthy stay in debt, undermines binding contracts between adults, and removes risk for lending institutions. It's silly how people claiming to believe in a free market so quickly look for government interdiction when the corrective aspect of the economic system periodically rears it head.

Huckabee decries 'eBay' presidency

hussein — Fri, 07 Dec 2007 20:54:13 GMT

Huckabee is already beating Obama in a newly released Survey USA poll...
Obama is an Oprah candidate, he is toast in general election...

Clinton Rudy
48 44
Clinton Romney
51 41
Clinton Huckabee
47 45
Clinton McCain
43 51

Obama Rudy
43 46
Obama Romney
45 42
Obama Huckabee
41 44
Obama McCain
40 51

Huckabee decries 'eBay' presidency

pat huntington ny — Fri, 07 Dec 2007 20:55:33 GMT

This was the guy who raised taxes in the millions as gov of Arkansas.

Huckabee decries 'eBay' presidency

nuanced — Fri, 07 Dec 2007 21:07:48 GMT

If as Huckabee says, the discipline of running on limited funds produces more fiscally responsible candidates then it sounds like a good argument for campaign finance reform that reins in the spending.

Huckabee decries 'eBay' presidency

Dave, Chicago — Fri, 07 Dec 2007 21:11:18 GMT

When for crying out loud will the crap about Huckabee and tax increases finally end? Did taxes in Arkansas increase 47% during the 10 years he was governor? Yes, of course, matter of record. But does anyone out there understand the concept that a State cannot just print money to cover its deficits, as the federal government can? If you are a state, you either raise taxes or cut services, its that simple. Even more so in Arkansas where the state constitution mandates a balanced budget. So yes, taxes did increase 47% in Arkansas from 1996-2006. But the average increase in taxes at the state level, over that exact same time period, was about 90%. I'd say that when you take all the important relevant factors into account, that's a pretty darn good conservative tax record!

Huckabee decries 'eBay' presidency

Laura, Savannah, GA — Fri, 07 Dec 2007 21:52:35 GMT

Mike- correct me if I'm wrong, but I understood that the "bailout" only helped those who were not yet late on their mortgage payments and had enough money to make the payments at the current interest rate. That's not such a bad thing, as far as I can tell.

Also, how much can you increase taxes if you go to the fair tax system. 23% sales tax and no state/fed taxes to bite you in the butt at the end of the year sounds pretty good to me. Plus Congress wouldn't have quite as many places to hide their pork.

Huckabee decries 'eBay' presidency

Nalora, Oklahoma City, Oklahoma — Fri, 07 Dec 2007 21:58:17 GMT

"Growing Controversy over the Dumond Case"??? Please, it is an OLD controversy that was brought back up the moment Mike Huckabee began to lead in the polls, and addressed ad nauseum 10 years ago and again this week on various other stations that were willing to ask for his response. As far as his tax record, It stands for itself---quite favorably, if one truly wished to investigate it, and not merely regurgitate factoids---and when compared to others in the race comes out as a shining example of exactly what a Conservative Republican can accomplish in a Democratic State--with a Democratic Legislature. Veritcal Politics, get it?

Huckabee decries 'eBay' presidency

Mike, Hermosa Beach, CA — Sat, 08 Dec 2007 01:28:49 GMT

"Laura, Savannah, GA", I like the idea of a consumption based tax. My comment was in regard to the "bailout".

"...only helped those who were not yet late on their mortgage payments and had enough money to make the payments at the current interest rate. That's not such a bad thing, as far as I can tell."

It's bad because they agreed to the conditions of their contract in bad faith; they assumed home values cannot drop and that would allow them to "buy" more than they could afford. The contracts did not say that their low, starter rates were in perpetuity.

The lenders were playing the same game based on an ever-rising housing market. They disregarded traditional scrutiny because they were blinded by greed.

It all disregards and rewards irresponsibility by the government (Greenspan slashing Fed rates to smooth over the dot com bubble bursting), lenders, and borrowers. The government, lenders, and borrowers were all gambling and lost. I don't pity that kind of foolishness.

Huckabee decries 'eBay' presidency

Jason Tolbert, Little Rock, AR — Sat, 08 Dec 2007 02:21:06 GMT

When it comes to Huckabee and taxes, you only need to know one thing - FairTax. Learn more at www.fairtax.org

Huckabee decries 'eBay' presidency

Tiffany Portland, Oregon — Sat, 08 Dec 2007 18:17:20 GMT

Mike: How did they not understand that the rates would change? That's why it's called an Adjustable Rate Mortgage! I call BS on a significant majority of these people who say they didn't know housing values could go down, that rates would change, et cetera. These people were very irresponsible and greedy, trying to live far beyond their means. They obviously didn't read into their contracts, do any kind of research, or anything else a responsible person would do before purchasing a house and entering into legal contracts. I can't say that I feel particularly sorry for them. I am, however, disgusted at the idea of bailing them out. It's a huge slap in the face for all the people who were responsible with their money and didn't go beyond their means or jump into those "too good to be true" deals they saw advertised.

Any sort of bailout for the purchasers is just another excuse to keep people from having to take responsibility for their own actions and suffer the consequences accordingly.

I also don't think there should be any kind of bailout for the lenders. They were throwing money at people they had no business giving it to, those with bad credit and inadequate incomes. They weren't acting responsibly either.