Donkeys in The Room...

[freedombecki]

Guy, nothing your side says to me about "economics" has any credibility with me.

I've gotten a taste of your economics.

And you do it again.



Over and over and over...

.

Whatever, guy. I frankly get tired of you guys acting like you did nothing wrong.

The error you have been making since you arrived here is that this nation was not built on your petty propaganda. Keep pushing the pendulum lever, and it will level you sooner or later.

 

[Pop23]

.

The Meltdown was decades in the making. It was as much cultural as political or economic.

Anyone who thinks it just happened during the course of one presidency is....

Oh never mind. Why bother.

.

Stupid and greedy mortgage owners seem to be forgotten in this equation.

Yes, taking out mortgage money to buy expensive cars, when you can barely make the existing mortgage payment is always a good ( sarcasm ) idea

 

[Lumpy 1]

[

I suppose you could make a list of the legislation they presented to hinder the economic meltdown.. then we'll talk.

We both know they did squat about the impending "housing bubble", or do you have proposed legislation passed by the Democrat controlled Senate & House that says otherwise?

What's Harry doing with most of the legislation passed in the House and presented to the Senate?

There were already laws on the books that SHOULD have hindered the meltdown. Too bad Bush didn't enforce them. In fact, he considered the housing bubble to be a good thing because the stats looked like he almost cared about minorities.

Point is, Bush totally owns the 2008 recession. The Buck Stops Here, as a wise man said.

nice babble...

Which branch of the U.S. government creates legislation in the best interest of the American people Joe..? I just wondered if you knew..

 

[Mac1958]

.

The Meltdown was decades in the making. It was as much cultural as political or economic.

Anyone who thinks it just happened during the course of one presidency is....

Oh never mind. Why bother.

.

Stupid and greedy mortgage owners seem to be forgotten in this equation.

Yes, taking out mortgage money to buy expensive cars, when you can barely make the existing mortgage payment is always a good ( sarcasm ) idea

Yep. But those who want to point the finger in just one place don't want to hear it.

As obvious as it is.

It was just a teeny tiny bit more complicated than "that guy, over there".




.

 

[JoeB131]

.

The Meltdown was decades in the making. It was as much cultural as political or economic.

Anyone who thinks it just happened during the course of one presidency is....

Oh never mind. Why bother.

.

Stupid and greedy mortgage owners seem to be forgotten in this equation.

Yes, taking out mortgage money to buy expensive cars, when you can barely make the existing mortgage payment is always a good ( sarcasm ) idea

Yep. But those who want to point the finger in just one place don't want to hear it.

As obvious as it is.

It was just a teeny tiny bit more complicated than "that guy, over there".




.

But once again, I think it is more the fault of a bank that KNEW the homeowner could barely make his mortgage selling him a bigger, more expensive mortgage would be more to blame.

But they said, "Meh, fuck it, we can always foreclose and sell this mortgage off as an investment."

Of course, when the government not only promises to bail you out, but also pays your bonus, and there is absolutely no danger of you going to prison for fraud because you are "too big to fail", why would anyone be responsible.

Go ahead and tell Cleetus that his home is an untapped source of income.

 

[bedowin62]

Democrats and their crybaby whines about Republicans destroying the economy under Bush are laughable for many reasons:
first of all ask a crybaby donkey what Bush or Republican policies Democrats DIDNT vote FOR, vote to continue, vote to fund, even vote to extend...............etc and you get a pathetic crybaby whine how Democrats were supposedly helpless in the face of the all-powerful Bush and Republican Congress.
The FACTS are hundreds of Democrats literally cast thousands of votes for Bush and Republican policies not only in the years Bush had a Republican Congress but in Bush's last 2 years when Dems controlled BOTH chambers of Congress with a majority that was BIGGER than any Republican majority Bush every had. the fact that Dems held such a huge majority doesnt stop crybaby dems from insisiting they didnt really control congress because they didnt have a filibuster or veto-proof majority. Well they actally did for about 13 weeks; which is 13 weeks longer than Republicans had one during the period Dems insist they were so helpless.

 

[bedowin62]

Stupid and greedy mortgage owners seem to be forgotten in this equation.

Yes, taking out mortgage money to buy expensive cars, when you can barely make the existing mortgage payment is always a good ( sarcasm ) idea

Yep. But those who want to point the finger in just one place don't want to hear it.

As obvious as it is.

It was just a teeny tiny bit more complicated than "that guy, over there".




.

But once again, I think it is more the fault of a bank that KNEW the homeowner could barely make his mortgage selling him a bigger, more expensive mortgage would be more to blame.

But they said, "Meh, fuck it, we can always foreclose and sell this mortgage off as an investment."

Of course, when the government not only promises to bail you out, but also pays your bonus, and there is absolutely no danger of you going to prison for fraud because you are "too big to fail", why would anyone be responsible.

Go ahead and tell Cleetus that his home is an untapped source of income.

"Cleetus"


Really? i'm from the North but is this some kind of bigoted slam on Southern White people? are they the only ones who took out mortgages they maybe shouldnt have? Are they the only people that might not have quite understood the implications of their home being an "untapped source of income"?

 

[bedowin62]

it doesnt matter if the bank knew the homeowner could barely make his mortgage; it was THE LAW to make federally-backed, low-interest mortgages available to people in the name of "fairness". and banks dont sell people houses genius; brokers do for the most part. so it wouold have been a broker or an agent selling somebody a "bigger, more expensive" home than they could afford

 

[bedowin62]

.

The Meltdown was decades in the making. It was as much cultural as political or economic.

Anyone who thinks it just happened during the course of one presidency is....

Oh never mind. Why bother.

.

Yeah, Bush was a great President. You guys keep telling yourself that and nominate his brother.

2000- Peace, Prosperity, Surpluses, full employment.


2008- War, Poverty, Deficits, high unemployment.

1. We're still at war in Afghanistan. what was your plan in response to 9-11/

2. the Poverty Rate is HIGHER in this the 8th straight year of Democrat Majority rule; than it was in 2008
3. there are about 1 MILLION fewer Americans with jobs now than in Bush's worst year

you get the feeling certain people dont know what year it is

 

[zeke]

it doesnt matter if the bank knew the homeowner could barely make his mortgage; it was THE LAW to make federally-backed, low-interest mortgages available to people in the name of "fairness". and banks dont sell people houses genius; brokers do for the most part. so it wouold have been a broker or an agent selling somebody a "bigger, more expensive" home than they could afford

Hey, I was a mortgage loan officer all during this period. Would you mind linking to the law that required loans be made to people in the name of fairness.

I missed that law and would like to read it. Or are you talking about FHA loans?

But you did get one part right that no one ever talks about. And that is the comment about Realtors. They did push more expensive houses (more commission) on buyers who had no business being in that expensive of a home. The Realtor relied on non conforming loans that used a teaser starter rate then ballooned after a year or so, causing massive payment shock. Or they used NINA loans to get people into homes that were to expensive.

The more expensive the home the bigger the commission for the Realtor.

But there wasn't a "law" that required Realtors to offer more home than the buyer could reasonably afford.

I bet you are talking about the Community Reinvestment Act. Right? That is usually what all the right wingers trot out to place blame that should be put on Bill Clinton. IF Clinton had vetoed the Graham, Leach, Bliley law, none of the housing mess would have happened.

 

[editec]

Pondering the realities...

Why do Democrats conveniently forget that they were and weren't there?

-------------------

When the economy took a turn for the worse in the last 2 years of the Bush years, why do Democrats conveniently forget they were in charge of Congress.

When the economy was so successful in the 90's, why do Democrats forget that Republicans controlled the purse strings in Congress.

When Democrats whine about the Reagan years and "trickle down" economics, why do Democrats forget that Democrats controlled Congress and both voted and supported it?

Why why why do Democrats like to blame Republicans when they have 66.6 % of the political elected power in Washington and totally lack negotiation skills during these incredibly dismal Obama years?

The LEFT quite agrees with that complaint.

The LEFT (the real left, not the imaginary left most right wingers fear) has been saying basically the same thing you just did for at least 30 years.

Are you a fellow traveler, kid?

 

[bedowin62]

Pondering the realities...

Why do Democrats conveniently forget that they were and weren't there?

-------------------

When the economy took a turn for the worse in the last 2 years of the Bush years, why do Democrats conveniently forget they were in charge of Congress.

When the economy was so successful in the 90's, why do Democrats forget that Republicans controlled the purse strings in Congress.

When Democrats whine about the Reagan years and "trickle down" economics, why do Democrats forget that Democrats controlled Congress and both voted and supported it?

Why why why do Democrats like to blame Republicans when they have 66.6 % of the political elected power in Washington and totally lack negotiation skills during these incredibly dismal Obama years?

The LEFT quite agrees with that complaint.

The LEFT (the real left, not the imaginary left most right wingers fear) has been saying basically the same thing you just did for at least 30 years.

Are you a fellow traveler, kid?

lol the "real Left" is whatever a failed leftists says the :"real Left" is depending on which left-wng failure the left-winger is trying to deny.

it is the 8th straight year of Democrat Majority government. when does their watch start and the Bush rants end?
the "real Left" brags they are in charge and how irrelevant Republicans are or will be shortly; that is until some undeniable point of failure under Obama comes out; then the "real Left" disassociates themselves from the Dem Party; even though the "real Left" claims they own the Dem Party ( they bragged they BOUGHT IT)
the "real Left" are a bunch of whiny cowards

 

[bedowin62]

it doesnt matter if the bank knew the homeowner could barely make his mortgage; it was THE LAW to make federally-backed, low-interest mortgages available to people in the name of "fairness". and banks dont sell people houses genius; brokers do for the most part. so it wouold have been a broker or an agent selling somebody a "bigger, more expensive" home than they could afford

Hey, I was a mortgage loan officer all during this period. Would you mind linking to the law that required loans be made to people in the name of fairness.

I missed that law and would like to read it. Or are you talking about FHA loans?

But you did get one part right that no one ever talks about. And that is the comment about Realtors. They did push more expensive houses (more commission) on buyers who had no business being in that expensive of a home. The Realtor relied on non conforming loans that used a teaser starter rate then ballooned after a year or so, causing massive payment shock. Or they used NINA loans to get people into homes that were to expensive.

The more expensive the home the bigger the commission for the Realtor.

But there wasn't a "law" that required Realtors to offer more home than the buyer could reasonably afford.

I bet you are talking about the Community Reinvestment Act. Right? That is usually what all the right wingers trot out to place blame that should be put on Bill Clinton. IF Clinton had vetoed the Graham, Leach, Bliley law, none of the housing mess would have happened.

um no; that isnt the law i speak of. but nice try. the law the DEMOCRAT CONGRESS GEORGE H BUSH HAD and that he signed made mandatory for the first time the GSEs were required to meet "affordable housing goals" set ANNUALLY by HUD and approved by congress. it was the Housing and Community Developement Act of 1992. ( and the original CRA is not from the clinton years; it goes back to 1977) and by the mid-2000s over half of taxpayer- backed loans for mortgages were required to made by these guidelines.

 

[healthmyths]

Liberals are dishonest; thus the selective memory

I'm suggesting Franco as the most obvious choice in proving your point..

Wait a minute!!!
Franco has two masters!
Franco has an IQ of 145!

How do I know?
Franco told us!

 

[WelfareQueen]

Pondering the realities...

Why do Democrats conveniently forget that they were and weren't there?

-------------------

When the economy took a turn for the worse in the last 2 years of the Bush years, why do Democrats conveniently forget they were in charge of Congress.

When the economy was so successful in the 90's, why do Democrats forget that Republicans controlled the purse strings in Congress.

When Democrats whine about the Reagan years and "trickle down" economics, why do Democrats forget that Democrats controlled Congress and both voted and supported it?

Why why why do Democrats like to blame Republicans when they have 66.6 % of the political elected power in Washington and totally lack negotiation skills during these incredibly dismal Obama years?

Can you please name what bit of legistlation the Democrats passed that Bush signed or had his veto overridden that caused the economic meltdown?

Thanks.

The problem isn't "negotiation" skills. It's that the GOP has become so batshit crazy that it can't be negotiated with.

Can you name one instance where Obama truly was willing to negotiate? How about Harry Reid? Why are they so bat shit crazy?

 

[Lumpy 1]

Liberals are dishonest; thus the selective memory

I'm suggesting Franco as the most obvious choice in proving your point..

Wait a minute!!!
Franco has two masters!
Franco has an IQ of 145!

How do I know?
Franco told us!

I noticed he said that also.. I laughed

 

[WelfareQueen]

Liberals are dishonest; thus the selective memory

I'm suggesting Franco as the most obvious choice in proving your point..

Wait a minute!!!
Franco has two masters!
Franco has an IQ of 145!

How do I know?
Franco told us!

Hey....that's Doctor Franco Spaghettio to You!

 

[natstew]

http://iahymnewsnetwork.wordpress.co...conservatives/


Just as I suspected!

Quote:
A new study conducted at Harvard University shows that in America, Liberals have a significantly lower IQ than Conservatives. The study was conducted on 100,000 registered voters in 40 different states over the last twelve years, and has concluded its results.
The first part of the study lists the correlation between political beliefs and intelligence. Subjects of the study were chosen at random and requested to come to an unmarked van to take a test and answer some questions for a reasonable amount of money.
Of the 100,000 people, there were people from many doctrines, from conservative to liberal to marxist to fascist. Socialists came out on bottom, with an average IQ of 87. The second worst were Liberals and then Marxists, with 88 and 89 respectively. Conservatives received an average score of 110, which is significantly above average. However, the conservatives did not score the highest. The holder of second place were Communists with an average I.Q of 115, and the first place was apolitical people who did not follow any specific doctrine, who received a whopping score on average of 135.

Other parts of the study included the daily activities of the various people based on their doctrines. Apparently, Liberals are five times more likely to commit a crime, steal or cheat on a test than anybody else except for Socialists, 52% of which have committed a major felony while being watched. Conservatives not only did not commit any crimes, but they actually prevented them, as the few events where a Conservative was threatened by a thief or mugger was hindered by a concealed handgun. Also, Communists are the most likely to commit rape or sexual assault, second to socialists.

I try to apolitical, but Ill throw my lot in with the conservatives any day!! (I'm registered NPA = No Political Affiliation)

 

[JoeB131]

.

The Meltdown was decades in the making. It was as much cultural as political or economic.

Anyone who thinks it just happened during the course of one presidency is....

Oh never mind. Why bother.

.

Yeah, Bush was a great President. You guys keep telling yourself that and nominate his brother.

2000- Peace, Prosperity, Surpluses, full employment.


2008- War, Poverty, Deficits, high unemployment.

1. We're still at war in Afghanistan. what was your plan in response to 9-11/

2. the Poverty Rate is HIGHER in this the 8th straight year of Democrat Majority rule; than it was in 2008
3. there are about 1 MILLION fewer Americans with jobs now than in Bush's worst year

you get the feeling certain people dont know what year it is

1- How about "Not attacking countries that had nothing to do with the attack". That would ahve been a good response. Then we wouldn't still be in Afghanistan because key resources were diverted to Iraq.

Um, yeah, you must not know what year it is if you think that we are in the "eighth" year.

Okay, Dems took power in 2007. 2014-2007 = 7.

Math. It's your friend.

 

[JoeB131]

The problem isn't "negotiation" skills. It's that the GOP has become so batshit crazy that it can't be negotiated with.

Can you name one instance where Obama truly was willing to negotiate? How about Harry Reid? Why are they so bat shit crazy?

When you are dealing with people who have said.

THEY ARE WILLING TO DEFAULT ON THE DEBT to defeat ObamaCare...

This is like trying to rationalize with Al Qaeda.

The GOP has lost it's fucking mind trying to appease people like you. Therefore, it should be ignored whenever possible, and put on the spot when it isn't.