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Biden Hails Credit Score (Asks Pizza Shop Owner "How in God's name did you get credit?")
The Politico ^ | August 25, 2010 | Patrick Gavin

Posted on 08/26/2010 1:40:55 AM PDT by 2ndDivisionVet

Since practically Day One of the Obama administration, there's been a crystal clear message: Credit lines have to loosen in order to improve the economy.

"It's a recovery that will be measured by whether families and entrepreneurs can get the loans they need," President Barack Obama said in 2009."That's why we're freeing up credit that's frozen with a program that supports the market for more car loans, and student loans, and small business loans; and with a plan that will partner government resources with private investment to break the logjam that is currently preventing our banks from lending money to even the most creditworthy customers."

But in one of Vice President Joe Biden's frequent casual moments, he joked about just how tight credit lines still are 19 months later.(continued)

(Excerpt) Read more at politico.com ...


TOPICS: Business/Economy; Food; Politics; Weird Stuff
KEYWORDS: biden; credit; economy; fail; joebiden; obama; recession
The comments are unusual for the Politico.
1 posted on 08/26/2010 1:41:00 AM PDT by 2ndDivisionVet
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To: 2ndDivisionVet
How great this country is; to be VEEP and have the iq of half an amoeba.
2 posted on 08/26/2010 1:49:42 AM PDT by JohnLongIsland (www.wilsonfornewyork.com)
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To: JohnLongIsland

I think you owe an apology to amoeba everywhere for that slanted and biased comparison.


3 posted on 08/26/2010 1:51:18 AM PDT by 2ndDivisionVet (I don't need a newspaper to know the world's been shaved by a drunken barber.)
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To: 2ndDivisionVet

Memo to Biden:

Bite me, D-Bag.


4 posted on 08/26/2010 1:55:06 AM PDT by FormerACLUmember (Character is defined by how we treat those who society says have no value.)
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To: 2ndDivisionVet; 3D-JOY; abner; Abundy; AGreatPer; Albion Wilde; AliVeritas; alisasny; ...

Joe Biden strikes again!

PING!


5 posted on 08/26/2010 1:59:31 AM PDT by Tolerance Sucks Rocks (Michelle Obama: the woman who ended "Diners, Drive-ins and Dives.")
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To: JohnLongIsland
How great this country is; to be VEEP and have the iq of half an amoeba.

What's even funnier is the Democrats still call Republicans "stupid", "brain dead", etc., with a straight face.

You absolutely know that the media is in on protecting Dumb and Dumber as they have two of the dumbest people ever to be elected as President and Vice-President, and nobody in the media calls them names.

6 posted on 08/26/2010 2:10:53 AM PDT by VeniVidiVici (It's easy being a communist when you're rich.)
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Comment #7 Removed by Moderator

To: JohnLongIsland

Q: What do they call it in America when Joe Biden says something stupid?

A: Wednesday!


8 posted on 08/26/2010 2:14:52 AM PDT by Tolerance Sucks Rocks (Michelle Obama: the woman who ended "Diners, Drive-ins and Dives.")
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To: 2ndDivisionVet

They’re giving extremely low interest loans to banks, which turn around and buy t-bills with a higher rate. Corperate welfare, socialism at the bottom, socialism at the top. The door is nearly closed.


9 posted on 08/26/2010 2:20:48 AM PDT by BlueStateMadness (Two commonly violated premises: you can save people from themselves, and the free lunch myth)
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To: 2ndDivisionVet
Mission Accomplished! We have destroyed the Middle Class! Lets Party!


10 posted on 08/26/2010 2:26:08 AM PDT by FormerACLUmember (Character is defined by how we treat those who society says have no value.)
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To: 2ndDivisionVet

My question to the pizza store owner is, “Why in God’s name are you participating in an Obama administration event?” The guy went to 20 banks before he found one that would give him a loan to expand his business. He’s obviously not a liberal or he would have given up at two or three.


11 posted on 08/26/2010 2:40:01 AM PDT by Stultis (Democrats. Still devoted to the three S's: Slavery, Segregation and Socialism.)
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To: 2ndDivisionVet

What Vice-Premier “Bite Me” and Premier Hussein simply do not get, is that businesses need CUSTOMERS, not JUST more borrowing no matter how low the rate is. With unemployment stuck at 10%, the customer base for these business, people who normally buy the goods and services, continues to shrink.

If this fellow shopped 20 different banks, that tells me he had to polish up his business plan for that third store before he satisfied the underwriter, and there is nothing whatsoever wrong with that. We have to weed out the non-performers and make sure the banks are really lending to people with the means to pay off the loan.

There is still plenty of credit available to those who did not use their homes and businesses like ATM machines and actually do live within their means. “Bite Me” doesn’t get that because he has never been anything other than a professional politician, and like Premier Hussein himself, has never run so much as a lemonade stand.


12 posted on 08/26/2010 2:45:49 AM PDT by Bean Counter (Now what kind of a geroo are you anyway?)
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To: 2ndDivisionVet

Biden then asked Mehr, “How in God’s name did you get credit?” Meaning “How did you by-pass government loan program?” Thinking we’ll have to audit that bank.


13 posted on 08/26/2010 2:51:19 AM PDT by steveab (When was the last time someone tried to sell you a CO2 induced climate control system for your home?)
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To: FormerACLUmember
The sad part is. In that photo Biden looks more presidential.
14 posted on 08/26/2010 3:13:47 AM PDT by BigCinBigD (Northern flags in South winds flutter...)
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To: BlueStateMadness
They’re giving extremely low interest loans to banks, which turn around and buy t-bills with a higher rate. Corperate welfare, socialism at the bottom, socialism at the top. The door is nearly closed.

Uh, that's not socialism.

That's facist economics (corporatism)....Public Loss; Private Profit.

15 posted on 08/26/2010 3:36:45 AM PDT by Gondring (Paul Revere would have been flamed as a naysayer troll and told to go back to Boston.)
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To: FormerACLUmember

Is that you, Colleen? ROFL


16 posted on 08/26/2010 3:38:00 AM PDT by stilloftyhenight (Don't make me use uppercase.)
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To: Bean Counter

“businesses need CUSTOMERS”

Indeed they do. When you’re unemployed or working with cut hours and wages, there is no room for luxuries like pizza.


17 posted on 08/26/2010 3:41:25 AM PDT by stilloftyhenight (Don't make me use uppercase.)
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To: 2ndDivisionVet

They don’t need loans, they need jobs. Who will loan you money if you don’t have a job?


18 posted on 08/26/2010 3:42:13 AM PDT by caver (Obama: Home of the Whopper)
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To: 2ndDivisionVet
Uuuhhh, Mr. VP,

I think a business owner needs to feel confident that his or her business is going to generate enough extra $$$ to pay the existing bills plus that of the loan...

I wouldn't describe your and Congress' recent efforts in that regard as being particularly helpful.
19 posted on 08/26/2010 4:01:20 AM PDT by BWDog
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To: 2ndDivisionVet
Why doesn't the lame stream media attack the liberal Biden with the same fervor they did the conservative Quayle?

Nevermind I answered my own question.

20 posted on 08/26/2010 4:04:33 AM PDT by catfish1957 (Hey algore...You'll have to pry the steering wheel of my 317 HP V8 truck from my cold dead hands)
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To: 2ndDivisionVet
These ******* dims are so ******* stupid. WE are NOT looking for loans... we are looking for Capitalism and the return of Customers... you dumb sumbiches!

LLS

21 posted on 08/26/2010 4:35:44 AM PDT by LibLieSlayer (WOLVERINES!)
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To: 2ndDivisionVet

Somewhere in Delaware a village is missing its idiot.


22 posted on 08/26/2010 4:39:50 AM PDT by csmusaret (A government that can dictate how much water flows into a toilet is a powerful government indeed.)
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To: BigCinBigD
In that photo Biden looks more presidential.


Some comedian said that Biden looks like Dracula...as far as I'm concerned he hit the nail right on the head.
Not to mention this whole administration is sucking the life out of every taxpayer out there.
23 posted on 08/26/2010 5:26:24 AM PDT by dagoofyfoot
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To: Tolerance Sucks Rocks

Anyone that pays any attention to Biden is a fool.


24 posted on 08/26/2010 9:03:54 AM PDT by AGreatPer (Tea Parties have been going on for years, they were called Freepers back then.)
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