did republicans deliberatly crash the economy

[editec]

did republicans deliberatly crash the economy

No.

Certainly SOME PEOPLE DID, and some of those are no doubt Republicans, but it is NOT the fact that they are Republicans that is the reason they did this.

They did this because they COULD and because by doing so they became VERY much welathier than they already were.


What we are facing is the STANDARD system by which the MASTERS fleece the people.

The put out a lot of money for a while to insure economic growth.

Then they withdraw money from the system, thus insuring bankruptsies, where they them buy up assets at REDUCED costs.

That's right kids, I'm telling you every recession we have had in my lifetime was CONTRIVED by the MASTERS OF CAPITAL.

You people are basically slaves.

Some of you are well paid house slaves, some of you are field slaves, but unless you are of the very select group who control the money supply, you are still nothing more than a SLAVE.

Land of the free and home of the brave,...HA!

 

[Flopper]

Actually, there is plenty of proof that the GOP at least tried to rein in Fannie and Freddie... unfortunately, the Dems didn't want to... according to Franks 'there was no problem' with Fannie and Freddie... of course, he was fucking an exec at Fanny Mae at the time.

In 2008, Bush backed and signed into a law a bill that pumped 300 billion into Fannie Mae and Freddie Mac which only made the crash worse.

Democrats don't blame Freddy and and fanny for the crash now they are? WTF?

Fannie and Freddie weren't responsible for the crash, but they contributed to it. In the 2000's, Wall Street, not the GSE's were the primary purchasers of subprimes. Up until the recession started, the Bush administration fought to diminish the roll of GSE's in the mortgage market. In 2007, the administration reversed course. 300 billion was pumped into Fannie and Freddie allowing them to purchase 80% of the mortgages in 2008. This only convinced the private sector to stay out of the market, making a bad situation worse.

 

[Truthmatters]

the republicans did do this on purpose.

The republican power structure did this ON PURPOSE.


It was designed to weaken the power of the people and make them money.



The average republican voter did not know this was the republican power structures plan.

They are just dupes

 

[KissMy]

Why did Obama take all the Stimulus money & pay all of his cronies with it instead of rebuilding the infrastructure like he said he was?

 

[Stephanie]

the republicans did do this on purpose.

The republican power structure did this ON PURPOSE.


It was designed to weaken the power of the people and make them money.



The average republican voter did not know this was the republican power structures plan.

They are just dupes

good grief, I gave you PROOF that the Democrats had a hand in this and you still spew this?
I wouldn't call other's "dupes" unless you include yourself.

 

[Truthmatters]

why did the Bush admin hold back the broker rules in the GLBact for 8 years?

 

[Truthmatters]

Why did Obama take all the Stimulus money & pay all of his cronies with it instead of rebuilding the infrastructure like he said he was?

utter bullshit lies

 

[bigrebnc1775]

TM it has been said obama deliberatly crash the economy to gain more support for his agenda obamacare. And if you think about it, that does make sense. Unemployed people most of them don't have insurance or they lost their insurance when they lost their job. What other way could you get more support from people who were strongly opposed to government healthcare, than someone who just lost his healthcare coverage.?

 

[Billo_Really]

I don't think republican's deliberately crashed the economy; I do think they deliberately prevented it's rebounding.

 

[Truthmatters]

[ame=http://www.youtube.com/watch?v=T6bmEv2-rFA]President Bush's speech on the financial crisis 9/24/08 (1) - YouTube[/ame]

note the date

 

[Truthmatters]

I don't think republican's deliberately crashed the economy; I do think they deliberately prevented it's rebounding.

this was part of the Rove permenant majority plan.

weaken the peoples power and take over the government.

 

[bigrebnc1775]

TM it has been said obama deliberatly crash the economy to gain more support for his agenda obamacare. And if you think about it, that does make sense. Unemployed people most of them don't have insurance or they lost their insurance when they lost their job. What other way could you get more support from people who were strongly opposed to government healthcare, than someone who just lost his healthcare coverage.?

TM pssssst over here

 

[Truthmatters]

[ame=http://www.youtube.com/watch?v=T6bmEv2-rFA]President Bush's speech on the financial crisis 9/24/08 (1) - YouTube[/ame]

 

[Sarah G]

I don't think republican's deliberately crashed the economy; I do think they deliberately prevented it's rebounding.

I think so too. It's voter perception as well according to polling.

Nearly 50 Percent Say Republicans Intentionally Sabotaging Economy: Poll - International Business Times

 

[Truthmatters]

your guys crashed it BEFORE obama even won the elections so those people are fucking liars

 

[Truthmatters]

why did the Bush SEC hold back the bank Broker rules for 8 years?

 

[Truthmatters]

Votes for Final Rules Defining How Banks Can Be Securities Brokers
Eight Years After Passage of the Gramm-Leach-Bliley Act, Key Provisions Will Now Be Implemented
FOR IMMEDIATE RELEASE
2007-190
Washington, D.C., Sept. 19, 2007 - Ending eight years of stalled negotiations and impasse, the Commission today voted to adopt, jointly with the Board of Governors of the Federal Reserve System (Board), new rules that will finally implement the bank broker provisions of the Gramm-Leach-Bliley Act of 1999. The Board will consider these final rules at its Sept. 24, 2007 meeting. The Commission and the Board consulted with and sought the concurrence of the Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and Office of Thrift Supervision.

 

[bigrebnc1775]

your guys crashed it BEFORE obama even won the elections so those people are fucking liars

obama and the obamacare supporters had the motive to destroy the economy more than anyone else.
Who controlled congress when the crash happened?

 

[Truthmatters]

15 days after Bush annouced the crash the SEC slipped the rules into place

 

[Truthmatters]

Gee why did they hold them up right up until AFTER the economic crash?