Fellow Republicans, please help me with this

bush was smart enough to recognize there was a huge problem in the housing market but dems blew it off.

Because his SEC was allowing wall street to artificially inflate prices in states such as California, Nevada, Arizona, and Florida.

Which part of the Graham Leahy Act that allowed trading outside of SEC control don't you understand?

GLB is an act of the 106th Congress who's Senate and House was majority Republican.
 
Because his SEC was allowing wall street to artificially inflate prices in states such as California, Nevada, Arizona, and Florida.

Which part of the Graham Leahy Act that allowed trading outside of SEC control don't you understand?

GLB is an act of the 106th Congress who's Senate and House was majority Republican.

Which part of my statements about Republicans pushing for it didn't you understand? And then WHO SIGNED IT INTO LAW?

Both sides are to blame, but when the committees were formed to look into fannie and Sallie, the Dems on the committee blew it off and said it was a waste of their time. and at that time the DEMS HAD THE HOUSE AND THE SENATE.
 
Bush is no longer President and has not been for some time now.

But the effects of his Presidency remain to plague the middle-class and poor.

Different day same talking points how about we all be honest enough to admit what the sudden increase of Bush and even Palin threads on this board is really about trying to deflect from the fact Obama is up to his ass in scandals.
 
Which part of the Graham Leahy Act that allowed trading outside of SEC control don't you understand?

GLB is an act of the 106th Congress who's Senate and House was majority Republican.

Which part of my statements about Republicans pushing for it didn't you understand? And then WHO SIGNED IT INTO LAW?

Both sides are to blame, but when the committees were formed to look into fannie and Sallie, the Dems on the committee blew it off and said it was a waste of their time. and at that time the DEMS HAD THE HOUSE AND THE SENATE.

Clinton asked for the line item veto which was turned down by Republicans.

Besides GLB, what else was in the bill?
 
$ 1.2 Quadrillion in Derivatives: when it blows the economy will truly tank and it?s inevitable! | Aotearoa: A Wider Perspective

$ 1.2 Quadrillion in Derivatives: when it blows the economy will truly tank and it’s inevitable!
26/10/2011 · by travellerev
The financial crisis, which is very much still with us, did not result from accident or miscalculation; neither did it result because of a flaw in Alan Greenspan’s theory, as he told Congress when a feeble effort was made to hold him accountable. It was the intentional result of people motivated by short-term profits who wanted to get theirs and get out. Morgenson and Rosner.

If you took an opinion poll and asked Americans what they considered the biggest threat to the world economy to be, how many of them do you think would give “derivatives” as an answer? But the truth is that derivatives were at the heart of the financial crisis of 2007 and 2008, and whenever the next financial crisis happens derivatives will undoubtedly play a huge role once again. So exactly what are “derivatives”? Well, derivatives are basically financial instruments whose value depends upon or is derived from the price of something else. A derivative has no underlying value of its own. It is essentially a side bet. Today, the world financial system has been turned into a giant casino where bets are made on just about anything you can possibly imagine, and the major Wall Street banks make a ton of money from it. The system is largely unregulated (the new “Wall Street reform” law will only change this slightly) and it is totally dominated by the big international banks.

Nobody knows for certain how large the worldwide derivatives market is, but most estimates usually put the notional value of the worldwide derivatives market somewhere over a quadrillion dollars. If that is accurate, that means that the worldwide derivatives market is 20 times larger than the GDP of the entire world. It is hard to even conceive of 1,000,000,000,000,000 dollars.

Counting at one dollar per second, it would take you 32 million years to count to one quadrillion.

So who controls this unbelievably gigantic financial casino?

Would it surprise you to learn that it is the big international banks that control it?
 
Bush is no longer President and has not been for some time now.

But the effects of his Presidency remain to plague the middle-class and poor.

Different day same talking points how about we all be honest enough to admit what the sudden increase of Bush and even Palin threads on this board is really about trying to deflect from the fact Obama is up to his ass in scandals.

Brought on by Republicans because that's all they have left.
 
GLB is an act of the 106th Congress who's Senate and House was majority Republican.

Which part of my statements about Republicans pushing for it didn't you understand? And then WHO SIGNED IT INTO LAW?

Both sides are to blame, but when the committees were formed to look into fannie and Sallie, the Dems on the committee blew it off and said it was a waste of their time. and at that time the DEMS HAD THE HOUSE AND THE SENATE.

Clinton asked for the line item veto which was turned down by Republicans.

Besides GLB, what else was in the bill?

As I've already stated it allowed trading outside of SEC control. It allowed UNREGULATED SHADOW TRADING/SIDE BETS/DERIVATIVES. It allowed banks to combine savings and investment money into the same account, and allowed banks accross STATE LINES.

These were major components of the Glass Steigal Act
 
[ame=http://www.youtube.com/watch?v=IyqYY72PeRM]Democrats in their own words Covering up Fannie Mae, Freddie Mac scandal - YouTube[/ame]
 
Hello fellow Republicans,

I have called you here to address a nagging little problem that won't seem to go away. People are still blaming George Bush for problems that happened during his presidency.

Specifically, people are blaming him for the destruction of the housing market. They're also blaming him for a failure to employ basic and long-standing defense protocols for defending the Eastern Seaboard, like having planes "scramble ready" in case of an attack. Finally, they're blaming him for the destruction of the banking, financial and credit markets - all of which happened while he was president.

I'd like to remind you of the talking points that we used when people started to blame him for these things that happened when he was president.

Take the housing meltdown. We must keep reminding people that this was caused by Jimmy Carter's Community Reinvestment Act (which sought to help poor working class Americans buy a home).

Take the Wall Street meltdown. We must keep reminding Americans that this was Bill Clinton's fault.

Take 9/11, the largest terrorist attack on the American homeland ever. This happened even though he was told in August 2011 to have planes "scramble ready "so our military could intercept hijacked planes before they were used as bombs to attack high density cities.

Remember what we told you: 9/11 was also Clinton's fault because he ignored important warning signs and failed to take terrorism seriously.

To repeat: everything bad that happened during the Bush presidency was either Carter's or Clinton's fault. Bush must never be blamed for anything, especially the things that happened on his watch.

THINGS THAT HAPPENED LIKE THIS???

I challenge you to refute ANY of these points!
THESE EVENTS OCCURRED and YOU ARE NOT accounting for them!!!

The following (4) Four..CATACLYSMIC world shaking events have never EVER occurred in any other presidency!
Sure we've had economic collapses. Sure we had attacks. Sure we've hurricanes.

BUT NONE of them were equal to the following events and NONE of them occurred in the two terms of any president.
For that reason historians with the perspective of time are going to rate Bush as a GREAT President!

DID THIS HAPPEN??
1) Dot.com bust cost $5 trillion in lost market value.. this means every year for 30 years now starting in 2000 the federal revenue is over $20 billion written off against taxes owed.
How many people LOST jobs due to the bust??
According to the Los Angeles Times, when the dot-com bubble burst, it wiped out $5 trillion dollars in market value for tech companies. More than half of the Internet companies created since 1995 were gone by 2004 -
and hundreds of thousands of skilled technology workers were out of jobs.
The dot-com bubble: How to lose $5 trillion ? Anderson Cooper 360 - CNN.com Blogs

DID THIS HAPPEN??
2) Did YOU forget that 9/11 occurred and it cost $2 trillion over the next 30 years again $8 billion will NOT BE PAiD.. was that Bush's fault?
Jobs lost in New York owing to the attacks: 146,100 JUST in New York!!
Year 2001: September 11 Terrorist Attacks
The 9/11 terrorist attacks were the events that helped shape other financial events of the decade. After that terrible day in September 2001, our economic climate was never to be the same again. It was only the third time in history that the New York Stock Exchange was shut down for a period of time. In this case, it was closed from September 10 - 17. Besides the tragic human loss of that day, the economic loss cannot even be estimated. Some estimate that there was over $60 billion in insurance losses alone.
Approximately 18,000 small businesses were either displaced or destroyed in Lower Manhattan after the Twin Towers fell. There was a buildup in homeland security on all levels. 9/11 caused a catastrophic financial loss for the U.S.
The Top 10 Financial Events of the Decade

DID THIS HAPPEN??
3) $1 trillion in written off losses due to the WORST Hurricane SEASONS in history!
The worst Katrina made landfall in Louisiana as a Category 3 in 2005. It took 1,836 lives and caused $81.2 billion in damages. Andrew slammed into South Florida in 1992 as a Category 5. It caused 40 deaths and $30 billion in property damage. More than 250,000 people were left homeless and 82,000 businesses were destroyed or damaged.
Hurricane Katrina ALONE! Year 2005: Hurricanes Katrina and Rita
On August 25, 2005, Hurricane Katrina hit the Gulf Coast of the U.S. as a strong Category 3 or low Category 4 storm. It quickly became the biggest natural disaster in U.S. history, almost destroying New Orleans due to severe flooding.

Hurricane Rita quickly followed Katrina only to make matters worse. Between the two, more than $200 billion in damage was done. 400,000 jobs were lost and 275,000 homes were destroyed. Many of the jobs and homes were never to be recovered. Hundreds of thousands of people were displaced and over 1,000 were killed and more are missing. The effect on oil and gasoline prices was long-lasting.

400,000 jobs due to Hurricanes Katrina/Rita
145,000 jobs in NYC alone due to 9/11
300,000 jobs lost due to dot.com busts.

Almost 1 million jobs alone from those 3 events

All of this while having almost $60 billion a year in tax revenue due to the above losses !

DID THIS HAPPEN??
4) Economic terrorist attack 9/18/2008 or how the world almost came to the end at 2pm on 9/18/2008.
How close to entire collapse the ENTIRE world's economy was on 9/18/2008 when an economic terrorist attack occurred..

On Thursday (Sept 18), at 11am the Federal Reserve noticed a tremendous draw-down of money market accounts in the U.S., to the tune of $550 billion was being drawn out in the matter of an hour or two. The Treasury ...estimation is that by 2pm that afternoon, $5.5 trillion would have been drawn out of the money market system of the U.S., would have collapsed the entire economy of the U.S., and within 24 hours the world economy would have collapsed. It would have been the end of our economic system and our political system as we know it."
Zero Hedge: How The World Almost Came To An End At 2PM On September 18

Oh and did I mention along the way when "Mission Accomplished" occurred after less then six weeks of combat in May 2003.. 10 years ago..that over 1 million Iraq people were
saved from starving? 50,000 people a year were starving under Saddam and when he was removed, (by the way at the request of Kerry,Pelosi, and 90% of the 28 million Iraqis) the
UN mandated embargo was removed.
Researcher Richard Garfield estimated that "a minimum of 100,000 and a more likely estimate of 227,000 excess deaths among young children from August 1991 through March 1998" from all causes including sanctions. Human rights in Saddam Hussein's Iraq - Wikipedia, the free encyclopedia

Again all this happened and at the same time the MSM was bashing the President DAILY!

Well, our job is to bash the president, that's what we do." --
Evan Thomas responding to a question on whether the media's unfair to Bush on the TV talk show Inside Washington,
February 2, 2007.Newsweek's Evan Thomas: 'Our Job Is To Bash the President' | NewsBusters

How can one ignore the FACT that $8 trillion in losses are being written off against tax payments?
How can one ignore that near 1 million jobs were lost DUE to those events?
How can one ignore THAT the results of these events have never been widely share because the biased MSM totally bashes Bush FACTS?
-------------------
When Bush started 131,785,000 people employed.
At the end of 2008 136,790,000 people employed or

5,000,000 more employed then when he took office.

When Bush took office in 2001 GDP was $12.355,271,000,000
when Bush left office in 2008 GDP was $14,359,490,000,000
---------------------------------------------------------------------
A 16% increase in GDP or $2 TRILLION.

ALL of the above GAINS in GDP and people employed IN SPITE of the 4 major world changing events AND the BASHING by the BIASED MSM!
In light of the below, would you not agree with the following statement:
Well, our job is to bash the president, that's what we do." --
Evan Thomas responding to a question on whether the media's unfair to Bush on the TV talk show Inside Washington,
February 2, 2007.Newsweek's Evan Thomas: 'Our Job Is To Bash the President' | NewsBusters

So when Senior executives, on-air personalities, producers, reporters, editors, writers and other self-identifying employees of ABC, CBS and NBC contributed more than $1 million to Democratic candidates and campaign committees in 2008, according to an analysis by The Examiner of data compiled by the Center for Responsive Politics.
The Democratic total of $1,020,816 was given by 1,160 (85%!) of employees of the three major broadcast television networks, with an average contribution of $880.
By contrast, only 193 of the employees contributed to Republican candidates and campaign committees, for a total of $142,863.
The average Republican contribution was $744.
Obama, Democrats got 88 percent of 2008 contributions by TV network execs, writers, reporters | The Daily Caller
 
I am totally totally perplexed WHY these EVENTS don't seem to matter???
THE dot.com bubble STARTED IN Clinton... he takes credit for the SURPLUS that VANISHED when the Dot.com BUBBLE BUSTED!
YOU forget that???

YOU never heard of the Gorelick Memo have you???
THEY WERE THE FAULT of "As Deputy Attorney General under Bill Clinton from 1994 to 1997 Jamie Gorelick wrote the memo that created the now infamous “Gorelick Wall.” A 1995 memo she wrote, stated explicitly that they would “go beyond what is legally required, [to] prevent any risk of creating an unwarranted appearance that FISA is being used to avoid procedural safeguards which would apply in a criminal investigation.”

These rules were, shortly after their creation, expanded to regulate such communications in future counter-terrorism investigations.
It set a procedure where various intelligence operations could not share information with each other.

Jamie Gorelick’s wall barred anti-terror investigators from accessing the computer of Zacarias Moussaoui, the 20th hijacker, already in custody on an immigration violation shortly before 9/11.
At the time, an enraged FBI investigator wrote a prophetic memo to headquarters about the wall
‘Whatever has happened to this — someday someone will die — and wall or not — the public will not understand why we were not more effective in throwing every resource we had at certain problems…..especially since the biggest threat to us UBL [Usama bin Laden], is getting the most protection.
Breitbart News: Big Government
 
And NO ONE can be blamed for nature unless Al Gore blames hurricanes for Global WARMING!!!
DID THIS HAPPEN??
3) $1 trillion in written off losses due to the WORST Hurricane SEASONS in history!
The worst Katrina made landfall in Louisiana as a Category 3 in 2005. It took 1,836 lives and caused $81.2 billion in damages. Andrew slammed into South Florida in 1992 as a Category 5. It caused 40 deaths and $30 billion in property damage. More than 250,000 people were left homeless and 82,000 businesses were destroyed or damaged.
Hurricane Katrina ALONE! Year 2005: Hurricanes Katrina and Rita
On August 25, 2005, Hurricane Katrina hit the Gulf Coast of the U.S. as a strong Category 3 or low Category 4 storm. It quickly became the biggest natural disaster in U.S. history, almost destroying New Orleans due to severe flooding.

Hurricane Rita quickly followed Katrina only to make matters worse. Between the two, more than $200 billion in damage was done. 400,000 jobs were lost and 275,000 homes were destroyed. Many of the jobs and homes were never to be recovered. Hundreds of thousands of people were displaced and over 1,000 were killed and more are missing. The effect on oil and gasoline prices was long-lasting.

400,000 jobs due to Hurricanes Katrina/Rita
 
Hello fellow Republicans,

I have called you here to address a nagging little problem that won't seem to go away. People are still blaming George Bush for problems that happened during his presidency.

Specifically, people are blaming him for the destruction of the housing market. They're also blaming him for a failure to employ basic and long-standing defense protocols for defending the Eastern Seaboard, like having planes "scramble ready" in case of an attack. Finally, they're blaming him for the destruction of the banking, financial and credit markets - all of which happened while he was president.

I'd like to remind you of the talking points that we used when people started to blame him for these things that happened when he was president.

Take the housing meltdown. We must keep reminding people that this was caused by Jimmy Carter's Community Reinvestment Act (which sought to help poor working class Americans buy a home).

Take the Wall Street meltdown. We must keep reminding Americans that this was Bill Clinton's fault.

Take 9/11, the largest terrorist attack on the American homeland ever. This happened even though he was told in August 2011 to have planes "scramble ready "so our military could intercept hijacked planes before they were used as bombs to attack high density cities.

Remember what we told you: 9/11 was also Clinton's fault because he ignored important warning signs and failed to take terrorism seriously.

To repeat: everything bad that happened during the Bush presidency was either Carter's or Clinton's fault. Bush must never be blamed for anything, especially the things that happened on his watch.

I'm sorry, was this supposed to be witty? Maybe you should address your next post to "Fellow Dumbasses", which would at least have the virtue of being accurate. Then you could ask them to take your keyboard away from you so that you don't embarrass them with these failed attempts to sound clever.
 
And of course NONE of you BUSH BASHERS recognize what suckers.. what information shrift, ignorant people you are for believing EVERYTHING you read or saw on TV when it came to BUSH bashing!
NEVER occurred to you the MSM voted with their pocketbook 85% of the time with Democrats!
SO you people are so stupid to believe the media, that same stupidity I guess apples then when you think they are UNBIASED???
Have I got bridges and swampland to sell YOU dumb f...kS!!!
 
Them fucking libruls done it. Evabody heahbouts knowsat for a fack.

God bless Junebug. He duh ma-an.

Oh yeah, keep imitating southern Black dialog to make a political point you freaking left wing hypocrites. That'll work.

S'prised ye cain't reconize App'laycheen wyattrashspeak.
Nevah did heah no black talk like'at. Ye must be a flatlander wyattrash.

Further, Mr Halfwit Projectionist, I'd bet my life you have more of what passes for today's "left wing" instincts than me. But don't let facts get in the way of your idiocy. It's too entertaining to want you to stop now.

Dipshit, my family came from Appalachia, thank you so very much, and not only is your half-assed attempt at humor - which I suspect has more to do with trying to mask the fact that you don't actually write very much better than this - is nothing like the way they speak. But I would like to thank you for labeling yourself as a hate-filled, elitist, left-wing ignoramus so quickly, since it saves so much time by allowing me to spit on you and ignore you right off the bat.
 

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