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Please consider the following link before voting

Original post made by Hiroko Shibakawa, Danbury Park, on Oct 17, 2010

For those of you who have not decided which way you are going to vote in the next election or for that matter the future elections, please consider the impact of our current high taxation, low spending, upside real estate market, and how it will impact our future. My original country, Japan, went through the same thing we are currently experiencing with dramatic effects. Please consider the current Democratic Party policies not only in California and the United States in order to vote for the more conservative candidate for our future and the sake of generations to come.


Web Link

Comments (20)

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Posted by Chet
a resident of San Ramon
on Oct 17, 2010 at 12:59 pm

Hirako you need to understand that it was GOP policies that got us into this Great Bush/GOP recession. It has been the leadership of Pres Obama that has led us out of the recession and prevented us from going into a Depression. We would have a much faster recovery if the GOPer in Congress has not been standing in the way. We will never forget the harm of GOP policies and the harm being done today by GOPers in Congress.


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Posted by Margaret
a resident of Another Pleasanton neighborhood
on Oct 17, 2010 at 1:16 pm

Chet,
Your "talking points" are simply (and deliberately) wrong.

What got us into this mess was Carter's "Community Reinvestment Act" giving housing loans to those who could not pay them back. Clinton expanded this program exponentially and Fannie and Freddie pushed sub-prime loans on anyone who could breathe, regardless of their ability to pay the loans back.

The Republicans (including McCain...whom I am not a fan of) tried to regulate Fannie and Freddie but were vetoed by the Dems. Remember Barney Frank and Maxine Waters' famous speeches declaring that Fannie and Freddie were financially sound??? (I know you remember, Chet, but would like others to forget).

This bubble burst in '08 and fyi...Obama, Barney Frank, et. al. deliberately are letting this bubble inflate again...they have deliberately NOT fixed this problem and continue to give loans to people who are at risk of not being able to pay them back.

Chet...come clean. You'll feel better doing so. You are defrauding the American people by pushing your (mis)representative, Jerry McNerney onto us. He is one of the most radical leftists in Congress and must be soundly defeated if America is to survive.


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Posted by Chet
a resident of San Ramon
on Oct 17, 2010 at 2:05 pm

It was the failed leadership of Bush and the GOP Congress that lead to our economic collapse. I hope you remember Bush always got the bills he wanted and never vetoed his GOP Congress. It started under Bush leadership in December 2007 and with the leadership of President Obama ended in June 2009. You are not going to be able to change the facts.


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Posted by Chet
a resident of San Ramon
on Oct 17, 2010 at 2:08 pm

The recession started under Bush leadership in Dec 2007 and with the leadership of Pres Obama the recession ended in June 2009.


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Posted by Hiroko Shibawa
a resident of Danbury Park
on Oct 17, 2010 at 2:21 pm

Thank you Chet but I thought President Obama was in charge and in the past couple of years under President Obama's directives we have spending out of control with stimulus, healthcare, and high taxes.


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Posted by Carl
a resident of Amberwood/Wood Meadows
on Oct 17, 2010 at 2:53 pm

I am not voting for Joan Buchanan because her camp called more house daily for weeks. I don't care who she's running against. I am also voting for the opponent of whoever shoved literature into my front door handle, ignoring the large 'no solicitor' sign.


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Posted by Hiroko Shibakawa
a resident of Danbury Park
on Oct 17, 2010 at 2:58 pm

Chet,

Actually, my husband and my family did very well economically when President Bush was in charge but President Obama has made things terrible in the last 2 years and it seems to be getting worse not better at all.


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Posted by Chet
a resident of San Ramon
on Oct 17, 2010 at 3:00 pm

Hiroko- You are correct Pres Obama and his leadership led us out of the Great Bush/GOP Recession. We would have gone into a Depression if we had continued on GOP policies and along with our kids and grandchildren would be in much worse shape.


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Posted by dublinmike
a resident of Dublin
on Oct 17, 2010 at 3:37 pm

dublinmike is a registered user.

Hiroko Shibakawa, Chet is correct. President Obama inherited the mess.

I have followed our nation's economy since the late seventies. I do not give Pres. Bush any more credit for a good economy (which was a bubble) than I did for Pres. Clinton.


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Posted by dublinmike
a resident of Dublin
on Oct 17, 2010 at 3:42 pm

dublinmike is a registered user.

Margaret, you are right about Barny Frank in his efforts to expand FNMA to include more citizens. His intentions were for the good but as a former banker and someone involved in the mortgage industry since 1987 I thought it was a mistake. He was not the only congressman, BTW

The pressure on FNMA change some things that the typical American would not know about. For example, people that do not learn how to handle non-real estate credit, such as credit cards, will not change when they own a home. FNMA in the early nineties required first-time buyers to receive education about credit responsibility. At some point it become voluntary which was a terrible mistake.

BTW, the tone of your post gives you away, and you are very disingenuous. Why don't you "come clean?" You hate Democrats.


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Posted by dublinmike
a resident of Dublin
on Oct 17, 2010 at 3:47 pm

dublinmike is a registered user.

Margaret, one last thing about your comments regard

Allan Hoffenblum, publisher of the nonpartisan California Target Book and a former GOP consultant, was quoted as saying: McNerney's "no Pelosi clone - and if he should survive this, that should be the reason." And: McNerney "really works his district. He's not a lefty - and has strong Republican support" at home.

Here's the link: Web Link


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Posted by chet
a resident of San Ramon
on Oct 17, 2010 at 4:07 pm

Dublinmike- Check out all the local and GOP support for our fine Congressman Jerry McNerney

Mayors and Supervisors for McNerney:

* Ann Johnston, Mayor, Stockton
* Willie Weatherford, Mayor, Manteca
* Tim Sbranti, Mayor, Dublin
* Jennifer Hosterman, Mayor, Pleasanton
* Steve Tate, Mayor, Morgan Hill
* John Varela, Former Mayor, Morgan Hill
* Patricia Boom, Former Mayor, San Ramon
* Janet Lockhart, Former Mayor, Dublin
* Beverly Lane, Former Mayor, Danville
* Marty Van Houten, Former Mayor, Escalon
* Carlos Villapudua, Supervisor, San Joaquin County
* Steve Guttierez, Former Supervisor, San Joaquin County
* Victor Mow, Former Supervisor, San Joaquin County
* Susan Bonilla, Supervisor, Contra Costa County
* Scott Haggerty, Supervisor, Alameda County
* Keith Carson, Supervisor, Alameda County
* Alice Lai-Bitker, Supervisor, Alameda County


Republicans Leaders for McNerney:

* Steve Bestolarides, Supervisor, San Joaquin County
* Larry Ruhstaller, Supervisor, San Joaquin County
* Mike Doyle, Mayor, Danville
* Steve Abercrombie, Councilmember, Tracy
* Jack Snyder, Former Mayor & Councilmember, Manteca


Elected Officials for McNerney:

* Newell Arnerich, Councilmember, Danville
* Leslie Baranco Martin, City Councilmember, City of Stockton
* Don Biddle, Councilmember, City of Dublin
* Jerry Cambra, Former Vice Mayor, City of San Ramon
* Larry Carr, Councilmember, Morgan Hill City Council
* John Coleman, Director and Vice President, Easy Bay Municipal Utility District
* Cheryl Cook-Kallio, Councilmember, Pleasanton City Council
* Jeff Davis, Director, Ward 5, AC Transit Board of Directors
* Sonny Dhaliwal, Councilmember, Lathrop City Council
* Susan Eggman, Councilmember, City of Stockton
* Rocky Fernandez, Board President, Alameda-Contra Costa Transit
* Bob Franklin, Vice President, BART Board of Directors
* Louis Gonzalez, Former Trustee, Stockton Unified School District
* Stephen Griffen, Commissioner, Port of Stockton
* Mark Grzan, Former City Councilmember, Morgan Hill City Council
* Greg Harper, Director, AC Transit Board of Directors
* John Harris, Councilmember, Manteca City Council
* Vince Hernandez, Councilmember, Manteca City Council
* Steven Herum, Chairman, Stockton Port Commission
* Kasie Hildenbrand, Vice-Mayor, City of Dublin
* Dwight "Pat" Howard, Vice President, Dublin San Ramon Services District
* Jim Kohnen, Trustee, Alameda County Mosquito Abatement District
* Chris Locke, Board Member, Lockeford Community Services District
* Christopher Mateo, Councilmember, City of Lathrop
* Loralee McGaughey, Board Member, Stockton East Water District
* Kathy Miller, Vice-Mayor, City of Stockton
* Karin Mohr, Former Councilmember, Pleasanton City Council
* Gail Murray, Director, BART Board of Directors
* Rebecca Nabors, Former Councilmember, Stockton City Council
* Elsa Ortiz, Vice President, Ward 3, AC Transit Board of Directors
* Sarah Palmer, Director, Zone 7, Water District Board of Directors
* Jim Prola, Trustee Alameda County Mosquito Abatement District
* Dan Scannell, Director, Dublin San Ramon Services District Board of Directors
* Greg Sellers, Councilmember, City of Morgan Hill
* Larry Stone, County Assessor, Santa Clara County
* Erick Stonebarger, Brentwood City Council
* Matt Sullivan, Councilmember, City of Pleasanton
* Floyd Weaver, Former Vice Mayor, City of Stockton
* Ayn Wieskamp, Director, Ward 5, East Bay Regional Park District Board of Directors
* Steve Ybarra, Auditor-Controller, Contra Costa County
* Joel Young, Director, AC Transit Board of Directors


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Posted by Stacey
a resident of Amberwood/Wood Meadows
on Oct 17, 2010 at 8:06 pm

Stacey is a registered user.

Japan has recently devalued its currency because it just keeps appreciating. The yen has been very strong and that hurts their exports.


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Posted by Patriot
a resident of Another Pleasanton neighborhood
on Oct 17, 2010 at 9:38 pm

To Margeret or whoever,

"What got us into this mess was Carter's "Community Reinvestment Act" giving housing loans "

The housing bubble isn't what got us into this mess. The housing bubble was just a typical asset bubble, similar to the DOT COM bubble of the nineties. What caused things to be different this time was a credit freeze caused by the collapse of major Wall Street firms such as Lehman Brothers, Bear Stearns, and AIG. This collapse was mainly due to derivatives such as credit default swaps. Neither party has done much to fix it. Clinton fired Brooksley Born when she tried to do something about it. Obama neglected the problem, and finally passed a financial reform bill that really didn't adequately address the problem. Bush was too distracted with Iraq to pay much attention.

We will all do well to put aside this partisan finger pointing and try to elect officials who really will fix the mess on Wall Street. We may not be able to borrow our way out of the next crisis, and it may be coming sooner than we think.


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Posted by Resident
a resident of Another Pleasanton neighborhood
on Oct 18, 2010 at 9:06 am

The "housing for all" started with Clinton and the republican congress in the fall of 1999. When Bush won in 2000, he and the REPUBLICAN congress did NOTHING to UNDO what Clinton started.

So it is the fault of both Clinton and Bush - they are both responsible for the housing market mess (subprime loans, etc) that led to the collapse.

Now, economists have said that the recession ended in june 2009.

So any economic downturn is no longer the Bush recession.

Democrats blame republicans. Republicans blame democrats. It is BOTH of them that are responsible.

Obama and the democrats need to stop blaming Bush. They have held power (democrats for 4 years in Congress, Obama for two as president) and they continue to blame Bush? I am not a fan of Bush but we need to be objective.

Obama should have focused on the economy instead of healthcare.

I do not like the democrats right now, but the GOP candidates (Harmer, Fiorina) are too extreme and not that smart (plus quite corrupt), so this is a horrible choice for the election.


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Posted by FYI
a resident of Another Pleasanton neighborhood
on Oct 19, 2010 at 8:46 pm

Chet, let us not forget that Speaker Pelosi was Speaker.....leading an ALL DEM CONGRESS TWO years BEFORE OBAMA BECAME PRESIDENT. SEN OBAMA WAS PART OF THE ALL DEM CONTROL OF HOUSE AND SENATE WHILE LAME-DUCK BUSH WAS ON THE WAY OUT.... it was not the 'GOP'.


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Posted by Patriot
a resident of Another Pleasanton neighborhood
on Oct 19, 2010 at 9:37 pm

"it was not the 'GOP'. "

It was both of them. Use your head. Neither party is innocent in this.


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Posted by Bill
a resident of Del Prado
on Oct 20, 2010 at 9:25 pm

I do not know about democrat or the republican thing but it sure sounds like what has and is happening here in California and a mess it is. What really concerns me is that Barbara Boxer and Jerry Brown are ahead in the polls. I think that anyone would be better than the two people who contributed to this mess. Electing them is sending a signal that what they did and are doing is something which we agree with.


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Posted by Patriot
a resident of Another Pleasanton neighborhood
on Oct 20, 2010 at 9:53 pm

So we just go back and forth, and neither party cleans the mess up. Things will keep getting worse unless we demand more out of our politicians.


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Posted by Bill
a resident of Del Prado
on Oct 21, 2010 at 5:12 am

I just think we should have term limits and if you are a millionaire or have previously served are not eligible. We need new blood and not blue blood but our blood.


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