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Democrats Cheering Citizens Losing Their Savings While Protesting For Illegals

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At the same time that Nancy Pelosi was standing up *in highheels* on the House floor for 8 hours for DACA recipients most Democrats were cheering the loss of our savings in the stock market.
I find it hard to imagine that such a thing can be a positive for liberals outside of the obvious reasons. The corrupt mainstream media only covers what Democrats in Washington want and refuse to cover news that is positive for the country we live in. If not for that the Democratic Party would be toast.

We are officially in a correction....and it's well known that USMB members who hate Trump have been hoping for a market crash. Apparently there was such a flood of great economic news coming out daily that the Fed started signalling increasing interest rates. That's all it took for the upward trends in the market to start heading downward. What the Dems are hoping for is a massive deficit to brag about in the midterm election. They hoped for a $1.2 trillion dollar deficit (coincidentally Obama's first deficit was aprox. $1.2 trillion.....all attributed to Bush of course) so they could all of the sudden act like they're worried about spending again, after 8 years of running up the debt under Obama.

So the Democrats and the Republicans are both busy running up the debt in hopes that somehow the Democrats can take back Congress and impeach Trump. That's is all they care about.

Well, I'll take that back.....they care about illegals entering this country in record numbers hoping to take advantage of comprehensive immigration reform. The only wildcard is Trump. What will he do that brings all of their plans crashing down around them.
Yep, the only person, it appears, that is standing up for American citizens, is Trump. That's a pretty sad state of affairs folks. The Establishment is desperately trying to get rid of him because he has our best interests in mind, and as we've said quite often, Trump is on his own. Trump wanted to repeal Obamacare to save over $1 trillion over 10 years and Sen John McCain said no. Trump is trying to reduce the deficit to the tune of over $160 billion/yr by ending all of the spending on illegals and congress won't cooperate with him. And let's not forget about all of the spending on refugees that we're committed to, thanks to Obama and the Democrats. They can't get enough Americans to vote for them, so they bring in millions of foreign voters who feel beholden to them. Those people have to be taken care of. So when the Democrats cry about how much Trump is spending they're full of crap. Trump wants to provide jobs and security for Americans, not people who snuck into the country, or were brought here by Obama.

So once again, Democrats and some Republicans created a problem, but with the help of their corrupt media friends, they're blaming it on Trump.

Who cheered ?
 
Inflationary pressures?
I'm sure you can find some site that proves the Obama can shit pure gold ingots......but you cannot tell me that the costs of energy, food, and medical care didn't go up massively under Obama.

Sorry. The chart she used strips out food, housing, energy and medical costs. You know...the stuff you need to pay for to live. But be assured..you can buy rally cheap underwear from China still.

here is a more accurate chart.

View attachment 175796

Shadowstats.com is a website that analyzes and offers alternatives to government economic statistics for the United States. Shadowstats primarily focuses on inflation, but also keeps track of the money supply, unemployment and GDP by utilizing methodologies abandoned by previous administrations from the Clinton era to the Great Depression.

The site is authored by consulting economist Walter J. Williams, who holds a BA in Economics and an MBA from Dartmouth College.[1] He is popularly known as "John Williams."[1][2]

Sorry, I'll go with the accepted methods of calculating inflation instead of falling for crap from some guy with only a bachelors degree in economics, using methods that have been abandoned since the Great Depression. I'm sure Alex Jones, and all the other conspiracy theory nuts would support his crap though.
 
You didn't even consider inflation or higher interest rates, did you?
He doesn't even understand how the fed works and how much printed money is created or not created...
:th_believecrap:
Assuming someone doesn't understand the fundimentals of economics is usually a habit that liberals exhibit here on a regular basis. This is economics 101 folks.

I predicted this exact thing would happen down the road once Obama started QE.....and artificially keeping interest rates down despite the inflationary pressures everyone has been feeling in their pocketbooks for the last 9 years. He was just setting up a market crash. This one was timed during an election year.

This is yet another landmine put in place by or former Taliban in Chief.

Inflationary pressures?
us-inflation-rate-1932-to-2016.png
I'm sure you can find some site that proves the Obama can shit pure gold ingots......but you cannot tell me that the costs of energy, food, and medical care didn't go up massively under Obama.

Decided to back off the inflation claim, did you?
Whatever gave you that idea?

Lying about what I said or simply making up a false interpretation of what I said is dishonest.

Inflation - Wikipedia

In economics, inflation is a sustained increase in the general price level of goods and services in an economy over a period of time.[1] When the price level rises, each unit of currency buys fewer goods and services; consequently, inflation reflects a reduction in the purchasing power per unit of money – a loss of real value in the medium of exchange and unit of account within the economy.[2][3]

Economists generally believe that high rates of inflation and hyperinflation are caused by an excessive growth of the money supply.[6] Views on which factors determine low to moderate rates of inflation are more varied. Low or moderate inflation may be attributed to fluctuations in real demand for goods and services, or changes in available supplies such as during scarcities.[7] However, the consensus view is that a long sustained period of inflation is caused by money supply growing faster than the rate of economic growth.[8][9] Inflation may also lead to an invisible tax in which the value of currency is lowered in contrast with its actual reserve ultimately, leading individuals to hold devalued legal tender.[10]
 
Communist Globalists are the scourge of humanity. When are most Americans gonna wake and realize they don't have American Citizens' best interests in mind? It's all about destroying America. Open Borders plays a big part in their agenda.

Everyone needs to check out the documentary 'Agenda.' It's available on places like Amazon Prime. The Communist agenda has been ongoing for almost 100yrs in this country. I urge folks to check the film out.
 
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At the same time that Nancy Pelosi was standing up *in highheels* on the House floor for 8 hours for DACA recipients most Democrats were cheering the loss of our savings in the stock market.
I find it hard to imagine that such a thing can be a positive for liberals outside of the obvious reasons. The corrupt mainstream media only covers what Democrats in Washington want and refuse to cover news that is positive for the country we live in. If not for that the Democratic Party would be toast.

We are officially in a correction....and it's well known that USMB members who hate Trump have been hoping for a market crash. Apparently there was such a flood of great economic news coming out daily that the Fed started signalling increasing interest rates. That's all it took for the upward trends in the market to start heading downward. What the Dems are hoping for is a massive deficit to brag about in the midterm election. They hoped for a $1.2 trillion dollar deficit (coincidentally Obama's first deficit was aprox. $1.2 trillion.....all attributed to Bush of course) so they could all of the sudden act like they're worried about spending again, after 8 years of running up the debt under Obama.

So the Democrats and the Republicans are both busy running up the debt in hopes that somehow the Democrats can take back Congress and impeach Trump. That's is all they care about.

Well, I'll take that back.....they care about illegals entering this country in record numbers hoping to take advantage of comprehensive immigration reform. The only wildcard is Trump. What will he do that brings all of their plans crashing down around them.
Yep, the only person, it appears, that is standing up for American citizens, is Trump. That's a pretty sad state of affairs folks. The Establishment is desperately trying to get rid of him because he has our best interests in mind, and as we've said quite often, Trump is on his own. Trump wanted to repeal Obamacare to save over $1 trillion over 10 years and Sen John McCain said no. Trump is trying to reduce the deficit to the tune of over $160 billion/yr by ending all of the spending on illegals and congress won't cooperate with him. And let's not forget about all of the spending on refugees that we're committed to, thanks to Obama and the Democrats. They can't get enough Americans to vote for them, so they bring in millions of foreign voters who feel beholden to them. Those people have to be taken care of. So when the Democrats cry about how much Trump is spending they're full of crap. Trump wants to provide jobs and security for Americans, not people who snuck into the country, or were brought here by Obama.

So once again, Democrats and some Republicans created a problem, but with the help of their corrupt media friends, they're blaming it on Trump.
The right wing has no solutions. Who cuts taxes before funding Government? The right wing.
 
image.php


At the same time that Nancy Pelosi was standing up *in highheels* on the House floor for 8 hours for DACA recipients most Democrats were cheering the loss of our savings in the stock market.
I find it hard to imagine that such a thing can be a positive for liberals outside of the obvious reasons. The corrupt mainstream media only covers what Democrats in Washington want and refuse to cover news that is positive for the country we live in. If not for that the Democratic Party would be toast.

We are officially in a correction....and it's well known that USMB members who hate Trump have been hoping for a market crash. Apparently there was such a flood of great economic news coming out daily that the Fed started signalling increasing interest rates. That's all it took for the upward trends in the market to start heading downward. What the Dems are hoping for is a massive deficit to brag about in the midterm election. They hoped for a $1.2 trillion dollar deficit (coincidentally Obama's first deficit was aprox. $1.2 trillion.....all attributed to Bush of course) so they could all of the sudden act like they're worried about spending again, after 8 years of running up the debt under Obama.

So the Democrats and the Republicans are both busy running up the debt in hopes that somehow the Democrats can take back Congress and impeach Trump. That's is all they care about.

Well, I'll take that back.....they care about illegals entering this country in record numbers hoping to take advantage of comprehensive immigration reform. The only wildcard is Trump. What will he do that brings all of their plans crashing down around them.
Yep, the only person, it appears, that is standing up for American citizens, is Trump. That's a pretty sad state of affairs folks. The Establishment is desperately trying to get rid of him because he has our best interests in mind, and as we've said quite often, Trump is on his own. Trump wanted to repeal Obamacare to save over $1 trillion over 10 years and Sen John McCain said no. Trump is trying to reduce the deficit to the tune of over $160 billion/yr by ending all of the spending on illegals and congress won't cooperate with him. And let's not forget about all of the spending on refugees that we're committed to, thanks to Obama and the Democrats. They can't get enough Americans to vote for them, so they bring in millions of foreign voters who feel beholden to them. Those people have to be taken care of. So when the Democrats cry about how much Trump is spending they're full of crap. Trump wants to provide jobs and security for Americans, not people who snuck into the country, or were brought here by Obama.

So once again, Democrats and some Republicans created a problem, but with the help of their corrupt media friends, they're blaming it on Trump.
The right wing has no solutions. Who cuts taxes before funding Government? The right wing.
What’s more important to the economy?

Funding a bloated government or increasing the money supply to incourage growth?
 
image.php


At the same time that Nancy Pelosi was standing up *in highheels* on the House floor for 8 hours for DACA recipients most Democrats were cheering the loss of our savings in the stock market.
I find it hard to imagine that such a thing can be a positive for liberals outside of the obvious reasons. The corrupt mainstream media only covers what Democrats in Washington want and refuse to cover news that is positive for the country we live in. If not for that the Democratic Party would be toast.

We are officially in a correction....and it's well known that USMB members who hate Trump have been hoping for a market crash. Apparently there was such a flood of great economic news coming out daily that the Fed started signalling increasing interest rates. That's all it took for the upward trends in the market to start heading downward. What the Dems are hoping for is a massive deficit to brag about in the midterm election. They hoped for a $1.2 trillion dollar deficit (coincidentally Obama's first deficit was aprox. $1.2 trillion.....all attributed to Bush of course) so they could all of the sudden act like they're worried about spending again, after 8 years of running up the debt under Obama.

So the Democrats and the Republicans are both busy running up the debt in hopes that somehow the Democrats can take back Congress and impeach Trump. That's is all they care about.

Well, I'll take that back.....they care about illegals entering this country in record numbers hoping to take advantage of comprehensive immigration reform. The only wildcard is Trump. What will he do that brings all of their plans crashing down around them.
Yep, the only person, it appears, that is standing up for American citizens, is Trump. That's a pretty sad state of affairs folks. The Establishment is desperately trying to get rid of him because he has our best interests in mind, and as we've said quite often, Trump is on his own. Trump wanted to repeal Obamacare to save over $1 trillion over 10 years and Sen John McCain said no. Trump is trying to reduce the deficit to the tune of over $160 billion/yr by ending all of the spending on illegals and congress won't cooperate with him. And let's not forget about all of the spending on refugees that we're committed to, thanks to Obama and the Democrats. They can't get enough Americans to vote for them, so they bring in millions of foreign voters who feel beholden to them. Those people have to be taken care of. So when the Democrats cry about how much Trump is spending they're full of crap. Trump wants to provide jobs and security for Americans, not people who snuck into the country, or were brought here by Obama.

So once again, Democrats and some Republicans created a problem, but with the help of their corrupt media friends, they're blaming it on Trump.
The right wing has no solutions. Who cuts taxes before funding Government? The right wing.
What’s more important to the economy?

Funding a bloated government or increasing the money supply to incourage growth?
A fifteen dollar an hour minimum wage and unemployment compensation at fourteen dollars an hour, simply for being unemployed. Let the markets decide, right wingers.
 
image.php


At the same time that Nancy Pelosi was standing up *in highheels* on the House floor for 8 hours for DACA recipients most Democrats were cheering the loss of our savings in the stock market.
I find it hard to imagine that such a thing can be a positive for liberals outside of the obvious reasons. The corrupt mainstream media only covers what Democrats in Washington want and refuse to cover news that is positive for the country we live in. If not for that the Democratic Party would be toast.

We are officially in a correction....and it's well known that USMB members who hate Trump have been hoping for a market crash. Apparently there was such a flood of great economic news coming out daily that the Fed started signalling increasing interest rates. That's all it took for the upward trends in the market to start heading downward. What the Dems are hoping for is a massive deficit to brag about in the midterm election. They hoped for a $1.2 trillion dollar deficit (coincidentally Obama's first deficit was aprox. $1.2 trillion.....all attributed to Bush of course) so they could all of the sudden act like they're worried about spending again, after 8 years of running up the debt under Obama.

So the Democrats and the Republicans are both busy running up the debt in hopes that somehow the Democrats can take back Congress and impeach Trump. That's is all they care about.

Well, I'll take that back.....they care about illegals entering this country in record numbers hoping to take advantage of comprehensive immigration reform. The only wildcard is Trump. What will he do that brings all of their plans crashing down around them.
Yep, the only person, it appears, that is standing up for American citizens, is Trump. That's a pretty sad state of affairs folks. The Establishment is desperately trying to get rid of him because he has our best interests in mind, and as we've said quite often, Trump is on his own. Trump wanted to repeal Obamacare to save over $1 trillion over 10 years and Sen John McCain said no. Trump is trying to reduce the deficit to the tune of over $160 billion/yr by ending all of the spending on illegals and congress won't cooperate with him. And let's not forget about all of the spending on refugees that we're committed to, thanks to Obama and the Democrats. They can't get enough Americans to vote for them, so they bring in millions of foreign voters who feel beholden to them. Those people have to be taken care of. So when the Democrats cry about how much Trump is spending they're full of crap. Trump wants to provide jobs and security for Americans, not people who snuck into the country, or were brought here by Obama.

So once again, Democrats and some Republicans created a problem, but with the help of their corrupt media friends, they're blaming it on Trump.


Your savings are in the stock market?

???


Tell us all about your diverse portfolio....

814632dd482b7a544c1154d37720a809d9ccf759.gif
 
Oh, come off it. Bush and others made an economy that lost 7 million people their homes, and saw the top 0.1% gain a massive percentage more of wealth.


simleton-definition.png

Don't worry, it's not your fault.

I'll give you some helpful hints on how not to be one.

1) respond to what is written in the post.

Ok, I'll do that. What you wrote is wrong, and uninformed crap. Anyone can post "Oh, come off it. Clinton and Obama made an economy that lost 7 million people their homes, and saw the top 0.1% gain a massive percentage more of wealth."

What you posted, and I just repeated, have the exact same validity and support.
 
Oh, come off it. Bush and others made an economy that lost 7 million people their homes, and saw the top 0.1% gain a massive percentage more of wealth.


simleton-definition.png

Don't worry, it's not your fault.

I'll give you some helpful hints on how not to be one.

1) respond to what is written in the post.

Ok, I'll do that. What you wrote is wrong, and uninformed crap. Anyone can post "Oh, come off it. Clinton and Obama made an economy that lost 7 million people their homes, and saw the top 0.1% gain a massive percentage more of wealth."

What you posted, and I just repeated, have the exact same validity and support.

Crap?

What's crap?

7 million Americans lost their homes during the recession. Are they ready to buy again? — bobsullivan.net

"
7 million Americans lost their homes during the recession. "

Many Who Lost Homes to Foreclosure in Last Decade Won’t Return — NAR

"
Less than one-third of families who lost their homes to foreclosure or other distress events in the past decade are likely to become homeowners again, according to an analysis by the National Association of Realtors.

More than 9.3 million homeowners went through a foreclosure, surrendered their home to a lender or sold their home via a distress sale between 2006 and 2014."

Okay, might have been more than 7 million.

Crap that is not. Uniformed it is not.

Just because "anyone can post this" doesn't mean it's not true.

Bush pushed the economy, he spent massively on wars, and he didn't fix the problems that would become massive problems.

And why would he?

His friends got rich in the war. People he didn't know or care about lost their lives.

His friends got rich in the recession. People he didn't know or care about lost their homes.

See the pattern here?

Obama had nothing to do with the start of the recession. That had happened before he became President.

Clinton, yeah, he might have helped the recession with policies that he implemented, then again Bush had 7 years to change those.




 
Lots of celebration from the Left in hopes of a bear market they can blame on Trump.

The Right would do the same thing, of course.

People suffering? Well, there's always collateral damage in a war, even if the "war" is just in some people's minds. What a shame.
.
DACA =Democrats Against Children of Americans
 
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At the same time that Nancy Pelosi was standing up *in highheels* on the House floor for 8 hours for DACA recipients most Democrats were cheering the loss of our savings in the stock market.
I find it hard to imagine that such a thing can be a positive for liberals outside of the obvious reasons. The corrupt mainstream media only covers what Democrats in Washington want and refuse to cover news that is positive for the country we live in. If not for that the Democratic Party would be toast.

We are officially in a correction....and it's well known that USMB members who hate Trump have been hoping for a market crash. Apparently there was such a flood of great economic news coming out daily that the Fed started signalling increasing interest rates. That's all it took for the upward trends in the market to start heading downward. What the Dems are hoping for is a massive deficit to brag about in the midterm election. They hoped for a $1.2 trillion dollar deficit (coincidentally Obama's first deficit was aprox. $1.2 trillion.....all attributed to Bush of course) so they could all of the sudden act like they're worried about spending again, after 8 years of running up the debt under Obama.

So the Democrats and the Republicans are both busy running up the debt in hopes that somehow the Democrats can take back Congress and impeach Trump. That's is all they care about.

Well, I'll take that back.....they care about illegals entering this country in record numbers hoping to take advantage of comprehensive immigration reform. The only wildcard is Trump. What will he do that brings all of their plans crashing down around them.
Yep, the only person, it appears, that is standing up for American citizens, is Trump. That's a pretty sad state of affairs folks. The Establishment is desperately trying to get rid of him because he has our best interests in mind, and as we've said quite often, Trump is on his own. Trump wanted to repeal Obamacare to save over $1 trillion over 10 years and Sen John McCain said no. Trump is trying to reduce the deficit to the tune of over $160 billion/yr by ending all of the spending on illegals and congress won't cooperate with him. And let's not forget about all of the spending on refugees that we're committed to, thanks to Obama and the Democrats. They can't get enough Americans to vote for them, so they bring in millions of foreign voters who feel beholden to them. Those people have to be taken care of. So when the Democrats cry about how much Trump is spending they're full of crap. Trump wants to provide jobs and security for Americans, not people who snuck into the country, or were brought here by Obama.

So once again, Democrats and some Republicans created a problem, but with the help of their corrupt media friends, they're blaming it on Trump.

Well, they can put a check mark by your name. Your brainwashing is 100% complete. I'm sure you actually believe all the silly stuff you just posted, no matter how silly it is.
DACA =Democrats Against Children of Americans
 
Oh, come off it. Bush and others made an economy that lost 7 million people their homes, and saw the top 0.1% gain a massive percentage more of wealth.


simleton-definition.png

Don't worry, it's not your fault.

I'll give you some helpful hints on how not to be one.

1) respond to what is written in the post.

Ok, I'll do that. What you wrote is wrong, and uninformed crap. Anyone can post "Oh, come off it. Clinton and Obama made an economy that lost 7 million people their homes, and saw the top 0.1% gain a massive percentage more of wealth."

What you posted, and I just repeated, have the exact same validity and support.

Crap?

What's crap?

7 million Americans lost their homes during the recession. Are they ready to buy again? — bobsullivan.net

"
7 million Americans lost their homes during the recession. "

Many Who Lost Homes to Foreclosure in Last Decade Won’t Return — NAR

"
Less than one-third of families who lost their homes to foreclosure or other distress events in the past decade are likely to become homeowners again, according to an analysis by the National Association of Realtors.

More than 9.3 million homeowners went through a foreclosure, surrendered their home to a lender or sold their home via a distress sale between 2006 and 2014."

Okay, might have been more than 7 million.

Crap that is not. Uniformed it is not.

Just because "anyone can post this" doesn't mean it's not true.

Bush pushed the economy, he spent massively on wars, and he didn't fix the problems that would become massive problems.

And why would he?

His friends got rich in the war. People he didn't know or care about lost their lives.

His friends got rich in the recession. People he didn't know or care about lost their homes.

See the pattern here?

Obama had nothing to do with the start of the recession. That had happened before he became President.

Clinton, yeah, he might have helped the recession with policies that he implemented, then again Bush had 7 years to change those.




Yes, I see a pattern. You blindly cite basic facts, and then using the power of partisanship, blame someone, without any evidence whatsoever that the person you blame had anything to do with the facts you cite.

That's the pattern I see.

Was it not Bush who pushed to have new regulation on Freddie and Fannie, the two biggest mortgage suppliers in the entire country, and also happen to be the two largest bail outs of the entire sub-prime crash?

Was it not the democrats who opposed controlling the GSEs because were doing an "outstanding leadership" job of pushing sub-prime mortgages?

Was it not the democrats who said there actually was no bubble at all?





And honestly, the level of intellectually brainlessness, to simply say "something bad happened.... X was president, therefore X must be to blame", is basically the intellectually thinking skill of a toddler. Maybe even lower than a toddler, given my sisters kids show more deductive reasoning than this.

housingprice.jpeg


Do you see a slight problem with the utterly mindless, "blame Bush" left-winger rant? It's called "facts". Facts are a problem for the mindless left-wing blame-Bush-until-the-end-of-time rant session.

This is why I stopped being a left-winger myself. When I actually looked at facts, instead of just "dur.... so-and-so is president, and something bad happened, therefore so-and-so caused all bad things on Earth during his term".

The housing price bubble started in 1997. That is a fact. That fact, blows up your idiotic 5-year-old toddler 'blame bush forever' argument.
 
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At the same time that Nancy Pelosi was standing up *in highheels* on the House floor for 8 hours for DACA recipients most Democrats were cheering the loss of our savings in the stock market.
I find it hard to imagine that such a thing can be a positive for liberals outside of the obvious reasons. The corrupt mainstream media only covers what Democrats in Washington want and refuse to cover news that is positive for the country we live in. If not for that the Democratic Party would be toast.

We are officially in a correction....and it's well known that USMB members who hate Trump have been hoping for a market crash. Apparently there was such a flood of great economic news coming out daily that the Fed started signalling increasing interest rates. That's all it took for the upward trends in the market to start heading downward. What the Dems are hoping for is a massive deficit to brag about in the midterm election. They hoped for a $1.2 trillion dollar deficit (coincidentally Obama's first deficit was aprox. $1.2 trillion.....all attributed to Bush of course) so they could all of the sudden act like they're worried about spending again, after 8 years of running up the debt under Obama.

So the Democrats and the Republicans are both busy running up the debt in hopes that somehow the Democrats can take back Congress and impeach Trump. That's is all they care about.

Well, I'll take that back.....they care about illegals entering this country in record numbers hoping to take advantage of comprehensive immigration reform. The only wildcard is Trump. What will he do that brings all of their plans crashing down around them.
Yep, the only person, it appears, that is standing up for American citizens, is Trump. That's a pretty sad state of affairs folks. The Establishment is desperately trying to get rid of him because he has our best interests in mind, and as we've said quite often, Trump is on his own. Trump wanted to repeal Obamacare to save over $1 trillion over 10 years and Sen John McCain said no. Trump is trying to reduce the deficit to the tune of over $160 billion/yr by ending all of the spending on illegals and congress won't cooperate with him. And let's not forget about all of the spending on refugees that we're committed to, thanks to Obama and the Democrats. They can't get enough Americans to vote for them, so they bring in millions of foreign voters who feel beholden to them. Those people have to be taken care of. So when the Democrats cry about how much Trump is spending they're full of crap. Trump wants to provide jobs and security for Americans, not people who snuck into the country, or were brought here by Obama.

So once again, Democrats and some Republicans created a problem, but with the help of their corrupt media friends, they're blaming it on Trump.

Oh, come off it. Bush and others made an economy that lost 7 million people their homes, and saw the top 0.1% gain a massive percentage more of wealth.

Then you're complaining about this..... crocodile tears it isn't, but maybe crocodile anger.
Bush and others made an economy that lost 7 million people their homes,
Nope not going to allow you to rewrite history.

25 People to Blame for the Financial Crisis - TIME
President Clinton's tenure was characterized by economic prosperity and financial deregulation, which in many ways set the stage for the excesses of recent years. Among his biggest strokes of free-wheeling capitalism was the Gramm-Leach-Bliley Act, which repealed the Glass-Steagall Act, a cornerstone of Depression-era regulation. He also signed the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation. In 1995 Clinton loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods.
In 2004 the Bush admin addressed the issue of the Subprime Mortgage lending policies of Fannie/Freddie and were shut down by the 3 amigos, Barney Frank, Chris Dodd and Maxine Waters. Stop trying to cover for the fuck ups that the Democrats do, then blame it on Republicans.


A trifecta of tards. I remember the week before the shit hit the fan, Frank was telling anyone that would listen everything is great with Feddie and Fan. 17 time Bush tried to address the systematic problems, but each time the trifecta of tards stood in the way.
 
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At the same time that Nancy Pelosi was standing up *in highheels* on the House floor for 8 hours for DACA recipients most Democrats were cheering the loss of our savings in the stock market.
I find it hard to imagine that such a thing can be a positive for liberals outside of the obvious reasons. The corrupt mainstream media only covers what Democrats in Washington want and refuse to cover news that is positive for the country we live in. If not for that the Democratic Party would be toast.

We are officially in a correction....and it's well known that USMB members who hate Trump have been hoping for a market crash. Apparently there was such a flood of great economic news coming out daily that the Fed started signalling increasing interest rates. That's all it took for the upward trends in the market to start heading downward. What the Dems are hoping for is a massive deficit to brag about in the midterm election. They hoped for a $1.2 trillion dollar deficit (coincidentally Obama's first deficit was aprox. $1.2 trillion.....all attributed to Bush of course) so they could all of the sudden act like they're worried about spending again, after 8 years of running up the debt under Obama.

So the Democrats and the Republicans are both busy running up the debt in hopes that somehow the Democrats can take back Congress and impeach Trump. That's is all they care about.

Well, I'll take that back.....they care about illegals entering this country in record numbers hoping to take advantage of comprehensive immigration reform. The only wildcard is Trump. What will he do that brings all of their plans crashing down around them.
Yep, the only person, it appears, that is standing up for American citizens, is Trump. That's a pretty sad state of affairs folks. The Establishment is desperately trying to get rid of him because he has our best interests in mind, and as we've said quite often, Trump is on his own. Trump wanted to repeal Obamacare to save over $1 trillion over 10 years and Sen John McCain said no. Trump is trying to reduce the deficit to the tune of over $160 billion/yr by ending all of the spending on illegals and congress won't cooperate with him. And let's not forget about all of the spending on refugees that we're committed to, thanks to Obama and the Democrats. They can't get enough Americans to vote for them, so they bring in millions of foreign voters who feel beholden to them. Those people have to be taken care of. So when the Democrats cry about how much Trump is spending they're full of crap. Trump wants to provide jobs and security for Americans, not people who snuck into the country, or were brought here by Obama.

So once again, Democrats and some Republicans created a problem, but with the help of their corrupt media friends, they're blaming it on Trump.
The right wing has no solutions. Who cuts taxes before funding Government? The right wing.

Good to know you don't have a clue.
 
image.php


At the same time that Nancy Pelosi was standing up *in highheels* on the House floor for 8 hours for DACA recipients most Democrats were cheering the loss of our savings in the stock market.
I find it hard to imagine that such a thing can be a positive for liberals outside of the obvious reasons. The corrupt mainstream media only covers what Democrats in Washington want and refuse to cover news that is positive for the country we live in. If not for that the Democratic Party would be toast.

We are officially in a correction....and it's well known that USMB members who hate Trump have been hoping for a market crash. Apparently there was such a flood of great economic news coming out daily that the Fed started signalling increasing interest rates. That's all it took for the upward trends in the market to start heading downward. What the Dems are hoping for is a massive deficit to brag about in the midterm election. They hoped for a $1.2 trillion dollar deficit (coincidentally Obama's first deficit was aprox. $1.2 trillion.....all attributed to Bush of course) so they could all of the sudden act like they're worried about spending again, after 8 years of running up the debt under Obama.

So the Democrats and the Republicans are both busy running up the debt in hopes that somehow the Democrats can take back Congress and impeach Trump. That's is all they care about.

Well, I'll take that back.....they care about illegals entering this country in record numbers hoping to take advantage of comprehensive immigration reform. The only wildcard is Trump. What will he do that brings all of their plans crashing down around them.
Yep, the only person, it appears, that is standing up for American citizens, is Trump. That's a pretty sad state of affairs folks. The Establishment is desperately trying to get rid of him because he has our best interests in mind, and as we've said quite often, Trump is on his own. Trump wanted to repeal Obamacare to save over $1 trillion over 10 years and Sen John McCain said no. Trump is trying to reduce the deficit to the tune of over $160 billion/yr by ending all of the spending on illegals and congress won't cooperate with him. And let's not forget about all of the spending on refugees that we're committed to, thanks to Obama and the Democrats. They can't get enough Americans to vote for them, so they bring in millions of foreign voters who feel beholden to them. Those people have to be taken care of. So when the Democrats cry about how much Trump is spending they're full of crap. Trump wants to provide jobs and security for Americans, not people who snuck into the country, or were brought here by Obama.

So once again, Democrats and some Republicans created a problem, but with the help of their corrupt media friends, they're blaming it on Trump.


Your savings are in the stock market?

???


Tell us all about your diverse portfolio....

814632dd482b7a544c1154d37720a809d9ccf759.gif

I own stock in dozens of companies, from Pharma, to Tech companies. They are split about 60/40 between domestic, and international.

Thus far my total portfolio has increase about 11% year over year, since 2007 when I started buying.

At this point, I'm at 50% growth, meaning, half is what I put in, and half is growth, so I have twice as much in value, to what I put in.

Do you want specific companies? Or what information are you looking for?
 
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At the same time that Nancy Pelosi was standing up *in highheels* on the House floor for 8 hours for DACA recipients most Democrats were cheering the loss of our savings in the stock market.
I find it hard to imagine that such a thing can be a positive for liberals outside of the obvious reasons. The corrupt mainstream media only covers what Democrats in Washington want and refuse to cover news that is positive for the country we live in. If not for that the Democratic Party would be toast.

We are officially in a correction....and it's well known that USMB members who hate Trump have been hoping for a market crash. Apparently there was such a flood of great economic news coming out daily that the Fed started signalling increasing interest rates. That's all it took for the upward trends in the market to start heading downward. What the Dems are hoping for is a massive deficit to brag about in the midterm election. They hoped for a $1.2 trillion dollar deficit (coincidentally Obama's first deficit was aprox. $1.2 trillion.....all attributed to Bush of course) so they could all of the sudden act like they're worried about spending again, after 8 years of running up the debt under Obama.

So the Democrats and the Republicans are both busy running up the debt in hopes that somehow the Democrats can take back Congress and impeach Trump. That's is all they care about.

Well, I'll take that back.....they care about illegals entering this country in record numbers hoping to take advantage of comprehensive immigration reform. The only wildcard is Trump. What will he do that brings all of their plans crashing down around them.
Yep, the only person, it appears, that is standing up for American citizens, is Trump. That's a pretty sad state of affairs folks. The Establishment is desperately trying to get rid of him because he has our best interests in mind, and as we've said quite often, Trump is on his own. Trump wanted to repeal Obamacare to save over $1 trillion over 10 years and Sen John McCain said no. Trump is trying to reduce the deficit to the tune of over $160 billion/yr by ending all of the spending on illegals and congress won't cooperate with him. And let's not forget about all of the spending on refugees that we're committed to, thanks to Obama and the Democrats. They can't get enough Americans to vote for them, so they bring in millions of foreign voters who feel beholden to them. Those people have to be taken care of. So when the Democrats cry about how much Trump is spending they're full of crap. Trump wants to provide jobs and security for Americans, not people who snuck into the country, or were brought here by Obama.

So once again, Democrats and some Republicans created a problem, but with the help of their corrupt media friends, they're blaming it on Trump.
I am not losing anything out of the stock market even while it is going down, because I am in a holding pattern. I know later on the recovery will happen, and my portfolio will end up going up. As of right now, my Dividend reinvestments are buying more shares because the price is lower, and after they go back up, I will have fifty percent more. Shame more people do understand this, but then if they did, they wouldn't be Democrats.
The realities in the market don't matter. We both know that it isn't as bad as we are being led to believe.
What liberals here at USMB and in the media are doing is cheering for suffering. They want Americans to suffer at the same time they're trying to wrap their arms around people that really don't belong here or people that were brought here for the intended purpose to generate Democrat votes.
The Market is trying to get back to NORMAL since Obama's QE forever really fucked it up with good news being bad news and bad news being good news for Obama. When the economy is picking up and "Inflation" needs to be checked, interest rates will go up, thus panicking the likes of Apple and other liberal companies that borrowed billions of dollars at zero percent interest to do stock buy backs, but now have to sell off before the rates no longer have those stocks affordable with free money. This is the panic you are seeing, and it is because of the ticking time bomb of quantitative easing Obama left President Trump. Liberals always fuck things up and for 8 to 12 years it is the next president who has to clean up the mess..

The Federal Reserve Is Enabling Obama And Congress' Out Of Control Spending

Apple and other liberal companies that borrowed billions of dollars at zero percent interest to do stock buy backs, but now have to sell off before the rates no longer have those stocks affordable with free money.

Corporations generally don't buy back stock with floating rate debt, so the change in rates wouldn't impact their buyback programs let alone cause them to reissue shares they've retired.
 
Oh, come off it. Bush and others made an economy that lost 7 million people their homes, and saw the top 0.1% gain a massive percentage more of wealth.


simleton-definition.png

Don't worry, it's not your fault.

I'll give you some helpful hints on how not to be one.

1) respond to what is written in the post.

Ok, I'll do that. What you wrote is wrong, and uninformed crap. Anyone can post "Oh, come off it. Clinton and Obama made an economy that lost 7 million people their homes, and saw the top 0.1% gain a massive percentage more of wealth."

What you posted, and I just repeated, have the exact same validity and support.

Crap?

What's crap?

7 million Americans lost their homes during the recession. Are they ready to buy again? — bobsullivan.net

"
7 million Americans lost their homes during the recession. "

Many Who Lost Homes to Foreclosure in Last Decade Won’t Return — NAR

"
Less than one-third of families who lost their homes to foreclosure or other distress events in the past decade are likely to become homeowners again, according to an analysis by the National Association of Realtors.

More than 9.3 million homeowners went through a foreclosure, surrendered their home to a lender or sold their home via a distress sale between 2006 and 2014."

Okay, might have been more than 7 million.

Crap that is not. Uniformed it is not.

Just because "anyone can post this" doesn't mean it's not true.

Bush pushed the economy, he spent massively on wars, and he didn't fix the problems that would become massive problems.

And why would he?

His friends got rich in the war. People he didn't know or care about lost their lives.

His friends got rich in the recession. People he didn't know or care about lost their homes.

See the pattern here?

Obama had nothing to do with the start of the recession. That had happened before he became President.

Clinton, yeah, he might have helped the recession with policies that he implemented, then again Bush had 7 years to change those.




Yes, I see a pattern. You blindly cite basic facts, and then using the power of partisanship, blame someone, without any evidence whatsoever that the person you blame had anything to do with the facts you cite.

That's the pattern I see.

Was it not Bush who pushed to have new regulation on Freddie and Fannie, the two biggest mortgage suppliers in the entire country, and also happen to be the two largest bail outs of the entire sub-prime crash?

Was it not the democrats who opposed controlling the GSEs because were doing an "outstanding leadership" job of pushing sub-prime mortgages?

Was it not the democrats who said there actually was no bubble at all?





And honestly, the level of intellectually brainlessness, to simply say "something bad happened.... X was president, therefore X must be to blame", is basically the intellectually thinking skill of a toddler. Maybe even lower than a toddler, given my sisters kids show more deductive reasoning than this.

View attachment 175885

Do you see a slight problem with the utterly mindless, "blame Bush" left-winger rant? It's called "facts". Facts are a problem for the mindless left-wing blame-Bush-until-the-end-of-time rant session.

This is why I stopped being a left-winger myself. When I actually looked at facts, instead of just "dur.... so-and-so is president, and something bad happened, therefore so-and-so caused all bad things on Earth during his term".

The housing price bubble started in 1997. That is a fact. That fact, blows up your idiotic 5-year-old toddler 'blame bush forever' argument.


Wait, are you telling me Presidents don't have responsibility for the economy? Trump seems to think so.

Also, if you note what I said
Oh, come off it. Bush and others

Sorry to spoil your party, but I didn't say this was just Bush. I said Bush and others. Oppsie, didn't see that one, huh?

I could put together a 10,000 word disertation on the whole thing. Then do you know what would happen. 99% of the people who might consider replying wouldn't even read past the title. Then another 0.7% wouldn't read past the first paragraph. So cut the sanctimonious crap. We're on a site full of people who don't have a concentration span long enough to get past insults.

But here's the thing. Bush knew in September 2003 there was a problem with Freddie and Fanny and yet it still went balls up 5 years later.

Lest We Forget: Why We Had A Financial Crisis

Here's a good article from Forbes.

The start... 1998. Clinton was president.

"In 1998, banks got the green light to gamble: The Glass-Steagall legislation, which separated regular banks and investment banks was repealed in 1998. This allowed banks, whose deposits were guaranteed by the FDIC, i.e. the government, to engage in highly risky business."

"Low interest rates fueled an apparent boom: Following the dot-com bust in 2000, the Federal Reserve dropped rates to 1 percent and kept them there for an extended period. This caused a spiral in anything priced in dollars (i.e., oil, gold) or credit (i.e., housing) or liquidity driven (i.e., stocks)."

Well, this is the Federal Reserve's doing. That doesn't mean the Executive doesn't make decisions in this regard.

"Derivatives were unregulated: Derivatives had become a uniquely unregulated financial instrument. They are exempt from all oversight, counter-party disclosure, exchange listing requirements, state insurance supervision and, most important, reserve requirements. This allowed AIG to write $3 trillion in derivatives while reserving precisely zero dollars against future claims."

So, whose job is it to write the laws for this regulation?

Congress. But then the President is a part of this process.

"It was primarily private lenders who relaxed standards: Private lenders not subject to congressional regulations collapsed lending standards."

Why were there lenders no subject to congressional regulations?

There are many other things that helped to cause the economic crisis. But what happens in almost every case is this?

Why wasn't something done about the problems that were happening? Congress is there to write the laws. The President is there to sign the laws or not. Good Presidents will push for the right regulations that will stop this. Bad Presidents won't.

So, does Bush get exonerated because he did not get done what needed to be done? Is being a bad president an excuse? Is lack of effort an excuse?

In answer to what could have been done differently.

"The answer is clear: nothing. Nothing would have been different. This is not a speculation. We know it because an interesting new book describes what did happen to the people who did speak out and try to blow the whistle on what was going on. They were ignored or sidelined in the rush for the money."

"The drive for short-term profit crushed all opposition in its path, until the inevitable meltdown in 2008."

"The question is very simple. Do we want to deny reality and go down the same path as we went down in 2008, pursuing short-term profits until we encounter yet another, even-worse financial disaster? "

The answer is yes. The people in power, like Trump, want another crisis. Why? Because short term gain is better for them than a long term steady economy.

Trump is pushing things again, reducing regulations.

Trump to order regulatory rollback Friday for finance industry starting with Dodd-Frank

"
Trump to order regulatory rollback Friday for finance industry starting with Dodd-Frank"

History repeats itself.
 

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