He is still talking about the November election. Why?

[Papageorgio]

You seem to labor under the impression that your "opinions" matter to me, why is that?

Who are you?

I liked your post enough to comment. You should be honored

You aren't intellectually honest enough to have a conversation with.

You won't have the conversation because you'll have to admit we were right about what Republicans did to cause the great recession. 8 years of bush, Tom delay and Dennis hastert caused the 2007 recession. It most certainly wasn't 2006 pelosi and reed. There is a reason Democrats took control of both houses in 06 and we won white house 2008. The Republicans caused the great recession.

The 2008 recession caused by Republicans? Lol! Clinton had as much to do with the Great Recession as Bush, in fact many people and laws had much to do with the Recession, but go ahead and spout your BS without proof.

BS

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech

Seriously? The problem started when we tried to jump from a 64% homeownership level to a 70% in the 90's and it continued to 2008. When people are mortgaging 125% of a home value, when you can just make up income and when appraisers ask you what do you need this to appraise for, it was a set up for disaster. Several federal policies over decades created the mess. Of course simplicity is easier isn't it?

Just don't fuck up again. If trump McConnell and Ryan fuck us like bush hastert and delay did please don't blame obama

I didn't blame Obama, I blamed the government from Carter to Bush. Learn to read! Bush should have reversed the bad plans government had put into play. Clinton had a big part of 2008.

 

[Papageorgio]

You seem to labor under the impression that your "opinions" matter to me, why is that?

Who are you?

I liked your post enough to comment. You should be honored

You aren't intellectually honest enough to have a conversation with.

You won't have the conversation because you'll have to admit we were right about what Republicans did to cause the great recession. 8 years of bush, Tom delay and Dennis hastert caused the 2007 recession. It most certainly wasn't 2006 pelosi and reed. There is a reason Democrats took control of both houses in 06 and we won white house 2008. The Republicans caused the great recession.

The 2008 recession caused by Republicans? Lol! Clinton had as much to do with the Great Recession as Bush, in fact many people and laws had much to do with the Recession, but go ahead and spout your BS without proof.

BS

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech

Democrats actions leading to Mortgage Collapse B.B.

From New York Times
Fannie Mae Eases Credit To Aid Mortgage Lending
Fannie Mae Eases Credit To Aid Mortgage Lending


From Bloomberg News
How the Democrats Created the Financial Crisis
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0


The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs, ie Fannie, Freddie etc.)
Just the Facts: The Administration's Unheeded Warnings About the Systemic Risk Posed by the GSEs


Timeline shows Bush, McCain warning Democrats of Financial Crisis; Meltdown



The Wall Street Journal Barney’s Rubble
Barney's Rubble


Mashup of Maxine Waters & Barney Frank - Then Vs. Now

Embedded media from this media site is no longer available

The Bet That Blew Up Wall Street
Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis
The Bet That Blew Up Wall Street


Bush Called For Reform 17 Times In 2008 ALONE, here dating back to 2001! Duplicate of Whitehouse.archives Bush Called For Reform 17 Times In 2008 | Sweetness & Light

Utter nonsense...

Your first link was about Clinton putting pressure on the GSE's to extend credit to those who were close to qualifying, but fell short. The GSE's complied but built up their portfolios of AAA-rated PLS, which did not cause the bubble and subsequent crash.

Your second link goes to a non-existent page.

Your third link is about Bush warning the Congress to increase oversight of the GSE's, but the Congress, controlled mostly by Republicans, passed nothing until the 2007 Democrat-led House passed two such bills and in 2008, the Democrat-led Senate passed one of them to get it to Bush's desk.

Your 4th, 5th and 6th links are to 2 videos and one WSJ article about how Barney Frank fought against GSE reform. While it's true he did; it's also true that he did at a time when Republicans controlled both chambers of Congress and he was but one House member of the minority party and helpless to prevent the House from passing GSE reform. Which, by the way, the Republican-led House did pass one such bill in all those years and Bush ripped it up for being ineffective and not addressing the problem.

Your 7th link blames the Republican-led Congress.

Your 8th link is about the same story as your 3rd link.

And again, we have Bush and Republicans taking credit for the boom before blaming Democrats for the bust...

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech​

Thanks for the confirmation that you are simpleminded and not willing to research what really happened. Many economists predicted in the mid-90's that there was a depression coming, long before Bush was elected or even began running.

 

[Doc1]

Who are you?

I liked your post enough to comment. You should be honored

You aren't intellectually honest enough to have a conversation with.

You won't have the conversation because you'll have to admit we were right about what Republicans did to cause the great recession. 8 years of bush, Tom delay and Dennis hastert caused the 2007 recession. It most certainly wasn't 2006 pelosi and reed. There is a reason Democrats took control of both houses in 06 and we won white house 2008. The Republicans caused the great recession.

The 2008 recession caused by Republicans? Lol! Clinton had as much to do with the Great Recession as Bush, in fact many people and laws had much to do with the Recession, but go ahead and spout your BS without proof.

BS

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech

Seriously? The problem started when we tried to jump from a 64% homeownership level to a 70% in the 90's and it continued to 2008. When people are mortgaging 125% of a home value, when you can just make up income and when appraisers ask you what do you need this to appraise for, it was a set up for disaster. Several federal policies over decades created the mess. Of course simplicity is easier isn't it?

Just don't fuck up again. If trump McConnell and Ryan fuck us like bush hastert and delay did please don't blame obama

I didn't blame Obama, I blamed the government from Carter to Bush. Learn to read! Bush should have reversed the bad plans government had put into play. Clinton had a big part of 2008.

All Obama did was quadruple the bail out program. The dirty little secret is that not only did the Banks get the money, they also got the foreclosed upon properties.

 

[Doc1]

Who are you?

I liked your post enough to comment. You should be honored

You aren't intellectually honest enough to have a conversation with.

You won't have the conversation because you'll have to admit we were right about what Republicans did to cause the great recession. 8 years of bush, Tom delay and Dennis hastert caused the 2007 recession. It most certainly wasn't 2006 pelosi and reed. There is a reason Democrats took control of both houses in 06 and we won white house 2008. The Republicans caused the great recession.

The 2008 recession caused by Republicans? Lol! Clinton had as much to do with the Great Recession as Bush, in fact many people and laws had much to do with the Recession, but go ahead and spout your BS without proof.

BS

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech

Democrats actions leading to Mortgage Collapse B.B.

From New York Times
Fannie Mae Eases Credit To Aid Mortgage Lending
Fannie Mae Eases Credit To Aid Mortgage Lending


From Bloomberg News
How the Democrats Created the Financial Crisis
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0


The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs, ie Fannie, Freddie etc.)
Just the Facts: The Administration's Unheeded Warnings About the Systemic Risk Posed by the GSEs


Timeline shows Bush, McCain warning Democrats of Financial Crisis; Meltdown



The Wall Street Journal Barney’s Rubble
Barney's Rubble


Mashup of Maxine Waters & Barney Frank - Then Vs. Now

Embedded media from this media site is no longer available

The Bet That Blew Up Wall Street
Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis
The Bet That Blew Up Wall Street


Bush Called For Reform 17 Times In 2008 ALONE, here dating back to 2001! Duplicate of Whitehouse.archives Bush Called For Reform 17 Times In 2008 | Sweetness & Light

Utter nonsense...

Your first link was about Clinton putting pressure on the GSE's to extend credit to those who were close to qualifying, but fell short. The GSE's complied but built up their portfolios of AAA-rated PLS, which did not cause the bubble and subsequent crash.

Your second link goes to a non-existent page.

Your third link is about Bush warning the Congress to increase oversight of the GSE's, but the Congress, controlled mostly by Republicans, passed nothing until the 2007 Democrat-led House passed two such bills and in 2008, the Democrat-led Senate passed one of them to get it to Bush's desk.

Your 4th, 5th and 6th links are to 2 videos and one WSJ article about how Barney Frank fought against GSE reform. While it's true he did; it's also true that he did at a time when Republicans controlled both chambers of Congress and he was but one House member of the minority party and helpless to prevent the House from passing GSE reform. Which, by the way, the Republican-led House did pass one such bill in all those years and Bush ripped it up for being ineffective and not addressing the problem.

Your 7th link blames the Republican-led Congress.

Your 8th link is about the same story as your 3rd link.

And again, we have Bush and Republicans taking credit for the boom before blaming Democrats for the bust...

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech​

Thanks for the confirmation that you are simpleminded and not willing to research what really happened. Many economists predicted in the mid-90's that there was a depression coming, long before Bush was elected or even began running.

They aren't interested in the truth.

 

[Faun]

Who are you?

I liked your post enough to comment. You should be honored

You aren't intellectually honest enough to have a conversation with.

You won't have the conversation because you'll have to admit we were right about what Republicans did to cause the great recession. 8 years of bush, Tom delay and Dennis hastert caused the 2007 recession. It most certainly wasn't 2006 pelosi and reed. There is a reason Democrats took control of both houses in 06 and we won white house 2008. The Republicans caused the great recession.

The 2008 recession caused by Republicans? Lol! Clinton had as much to do with the Great Recession as Bush, in fact many people and laws had much to do with the Recession, but go ahead and spout your BS without proof.

BS

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech

Democrats actions leading to Mortgage Collapse B.B.

From New York Times
Fannie Mae Eases Credit To Aid Mortgage Lending
Fannie Mae Eases Credit To Aid Mortgage Lending


From Bloomberg News
How the Democrats Created the Financial Crisis
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0


The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs, ie Fannie, Freddie etc.)
Just the Facts: The Administration's Unheeded Warnings About the Systemic Risk Posed by the GSEs


Timeline shows Bush, McCain warning Democrats of Financial Crisis; Meltdown



The Wall Street Journal Barney’s Rubble
Barney's Rubble


Mashup of Maxine Waters & Barney Frank - Then Vs. Now

Embedded media from this media site is no longer available

The Bet That Blew Up Wall Street
Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis
The Bet That Blew Up Wall Street


Bush Called For Reform 17 Times In 2008 ALONE, here dating back to 2001! Duplicate of Whitehouse.archives Bush Called For Reform 17 Times In 2008 | Sweetness & Light

Utter nonsense...

Your first link was about Clinton putting pressure on the GSE's to extend credit to those who were close to qualifying, but fell short. The GSE's complied but built up their portfolios of AAA-rated PLS, which did not cause the bubble and subsequent crash.

Your second link goes to a non-existent page.

Your third link is about Bush warning the Congress to increase oversight of the GSE's, but the Congress, controlled mostly by Republicans, passed nothing until the 2007 Democrat-led House passed two such bills and in 2008, the Democrat-led Senate passed one of them to get it to Bush's desk.

Your 4th, 5th and 6th links are to 2 videos and one WSJ article about how Barney Frank fought against GSE reform. While it's true he did; it's also true that he did at a time when Republicans controlled both chambers of Congress and he was but one House member of the minority party and helpless to prevent the House from passing GSE reform. Which, by the way, the Republican-led House did pass one such bill in all those years and Bush ripped it up for being ineffective and not addressing the problem.

Your 7th link blames the Republican-led Congress.

Your 8th link is about the same story as your 3rd link.

And again, we have Bush and Republicans taking credit for the boom before blaming Democrats for the bust...

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech​

Thanks for the confirmation that you are simpleminded and not willing to research what really happened. Many economists predicted in the mid-90's that there was a depression coming, long before Bush was elected or even began running.

So what if some economists predicted there could be a depression? That doesn't mean there will be. There were economists predicting a double dip recession while Obama was president yet that never occurred. The CRA did not cause the crash, as many on the right delude themselves. Expanding the GSE's, which Bush did as well, did not cause the crash, as many on the right delude themselves. Same with removing restrictions on Glass-Steagall and derivatives. Those events did drive up home ownership, no question, but that was not the cause of the bubble. The primary cause of the bubble was lowering the federal fund rate to under 2%, and then ultimately to 1%, with no safeguards put in place to prevent a bubble from resulting. There were no regulations added to subprime loans, which were desperately needed when the prime rate fell. And to Bush's credit, he was asking Congress for GSE reform, but the Republican-led Congress wouldn't give it to him. Yes, republicans fully deserve the lion's share of the blame.

 

[blackhawk]

As someone once told us elections have consequences it seems more than a few seem to have forgotten that and he's simply reminding people of this. As I recall the previous President didn't mind reminding people he won.

 

[Papageorgio]

The 2008 recession caused by Republicans? Lol! Clinton had as much to do with the Great Recession as Bush, in fact many people and laws had much to do with the Recession, but go ahead and spout your BS without proof.

BS

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech

Democrats actions leading to Mortgage Collapse B.B.

From New York Times
Fannie Mae Eases Credit To Aid Mortgage Lending
Fannie Mae Eases Credit To Aid Mortgage Lending


From Bloomberg News
How the Democrats Created the Financial Crisis
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0


The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs, ie Fannie, Freddie etc.)
Just the Facts: The Administration's Unheeded Warnings About the Systemic Risk Posed by the GSEs


Timeline shows Bush, McCain warning Democrats of Financial Crisis; Meltdown



The Wall Street Journal Barney’s Rubble
Barney's Rubble


Mashup of Maxine Waters & Barney Frank - Then Vs. Now

Embedded media from this media site is no longer available

The Bet That Blew Up Wall Street
Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis
The Bet That Blew Up Wall Street


Bush Called For Reform 17 Times In 2008 ALONE, here dating back to 2001! Duplicate of Whitehouse.archives Bush Called For Reform 17 Times In 2008 | Sweetness & Light

Utter nonsense...

Your first link was about Clinton putting pressure on the GSE's to extend credit to those who were close to qualifying, but fell short. The GSE's complied but built up their portfolios of AAA-rated PLS, which did not cause the bubble and subsequent crash.

Your second link goes to a non-existent page.

Your third link is about Bush warning the Congress to increase oversight of the GSE's, but the Congress, controlled mostly by Republicans, passed nothing until the 2007 Democrat-led House passed two such bills and in 2008, the Democrat-led Senate passed one of them to get it to Bush's desk.

Your 4th, 5th and 6th links are to 2 videos and one WSJ article about how Barney Frank fought against GSE reform. While it's true he did; it's also true that he did at a time when Republicans controlled both chambers of Congress and he was but one House member of the minority party and helpless to prevent the House from passing GSE reform. Which, by the way, the Republican-led House did pass one such bill in all those years and Bush ripped it up for being ineffective and not addressing the problem.

Your 7th link blames the Republican-led Congress.

Your 8th link is about the same story as your 3rd link.

And again, we have Bush and Republicans taking credit for the boom before blaming Democrats for the bust...

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech​

Thanks for the confirmation that you are simpleminded and not willing to research what really happened. Many economists predicted in the mid-90's that there was a depression coming, long before Bush was elected or even began running.

So what if some economists predicted there could be a depression? That doesn't mean there will be. There were economists predicting a double dip recession while Obama was president yet that never occurred. The CRA did not cause the crash, as many on the right delude themselves. Expanding the GSE's, which Bush did as well, did not cause the crash, as many on the right delude themselves. Same with removing restrictions on Glass-Steagall and derivatives. Those events did drive up home ownership, no question, but that was not the cause of the bubble. The primary cause of the bubble was lowering the federal fund rate to under 2%, and then ultimately to 1%, with no safeguards put in place to prevent a bubble from resulting. There were no regulations added to subprime loans, which were desperately needed when the prime rate fell. And to Bush's credit, he was asking Congress for GSE reform, but the Republican-led Congress wouldn't give it to him. Yes, republicans fully deserve the lion's share of the blame.

We were living on a bubble since the 70's. And we went from bubble to bubble to bubble until there was no place to go. It started when we wet off the gold standard, then credit became easier and easier, we borrowed our way to the recession. It was decades in the making, what goes up, goes down.

 

[sealybobo]

You seem to labor under the impression that your "opinions" matter to me, why is that?

Who are you?

I liked your post enough to comment. You should be honored

You aren't intellectually honest enough to have a conversation with.

You won't have the conversation because you'll have to admit we were right about what Republicans did to cause the great recession. 8 years of bush, Tom delay and Dennis hastert caused the 2007 recession. It most certainly wasn't 2006 pelosi and reed. There is a reason Democrats took control of both houses in 06 and we won white house 2008. The Republicans caused the great recession.

The 2008 recession caused by Republicans? Lol! Clinton had as much to do with the Great Recession as Bush, in fact many people and laws had much to do with the Recession, but go ahead and spout your BS without proof.

BS

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech

Democrats actions leading to Mortgage Collapse B.B.

From New York Times
Fannie Mae Eases Credit To Aid Mortgage Lending
Fannie Mae Eases Credit To Aid Mortgage Lending


From Bloomberg News
How the Democrats Created the Financial Crisis
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0


The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs, ie Fannie, Freddie etc.)
Just the Facts: The Administration's Unheeded Warnings About the Systemic Risk Posed by the GSEs


Timeline shows Bush, McCain warning Democrats of Financial Crisis; Meltdown



The Wall Street Journal Barney’s Rubble
Barney's Rubble


Mashup of Maxine Waters & Barney Frank - Then Vs. Now

Embedded media from this media site is no longer available

The Bet That Blew Up Wall Street
Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis
The Bet That Blew Up Wall Street


Bush Called For Reform 17 Times In 2008 ALONE, here dating back to 2001! Duplicate of Whitehouse.archives Bush Called For Reform 17 Times In 2008 | Sweetness & Light

Utter nonsense...

Your first link was about Clinton putting pressure on the GSE's to extend credit to those who were close to qualifying, but fell short. The GSE's complied but built up their portfolios of AAA-rated PLS, which did not cause the bubble and subsequent crash.

Your second link goes to a non-existent page.

Your third link is about Bush warning the Congress to increase oversight of the GSE's, but the Congress, controlled mostly by Republicans, passed nothing until the 2007 Democrat-led House passed two such bills and in 2008, the Democrat-led Senate passed one of them to get it to Bush's desk.

Your 4th, 5th and 6th links are to 2 videos and one WSJ article about how Barney Frank fought against GSE reform. While it's true he did; it's also true that he did at a time when Republicans controlled both chambers of Congress and he was but one House member of the minority party and helpless to prevent the House from passing GSE reform. Which, by the way, the Republican-led House did pass one such bill in all those years and Bush ripped it up for being ineffective and not addressing the problem.

Your 7th link blames the Republican-led Congress.

Your 8th link is about the same story as your 3rd link.

And again, we have Bush and Republicans taking credit for the boom before blaming Democrats for the bust...

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech​

I was a year out of collegee in the 90s. I had my student loans paid off, a good job and 20℅ down and still had to get my dad to co sign.

Republicans are such hypocrites. You know if they were in charge they would want to loosen regulations on a guy like me, not tighten them to make it harder for me to buy a home.

 

[Papageorgio]

Who are you?

I liked your post enough to comment. You should be honored

You aren't intellectually honest enough to have a conversation with.

You won't have the conversation because you'll have to admit we were right about what Republicans did to cause the great recession. 8 years of bush, Tom delay and Dennis hastert caused the 2007 recession. It most certainly wasn't 2006 pelosi and reed. There is a reason Democrats took control of both houses in 06 and we won white house 2008. The Republicans caused the great recession.

The 2008 recession caused by Republicans? Lol! Clinton had as much to do with the Great Recession as Bush, in fact many people and laws had much to do with the Recession, but go ahead and spout your BS without proof.

BS

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech

Democrats actions leading to Mortgage Collapse B.B.

From New York Times
Fannie Mae Eases Credit To Aid Mortgage Lending
Fannie Mae Eases Credit To Aid Mortgage Lending


From Bloomberg News
How the Democrats Created the Financial Crisis
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0


The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs, ie Fannie, Freddie etc.)
Just the Facts: The Administration's Unheeded Warnings About the Systemic Risk Posed by the GSEs


Timeline shows Bush, McCain warning Democrats of Financial Crisis; Meltdown



The Wall Street Journal Barney’s Rubble
Barney's Rubble


Mashup of Maxine Waters & Barney Frank - Then Vs. Now

Embedded media from this media site is no longer available

The Bet That Blew Up Wall Street
Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis
The Bet That Blew Up Wall Street


Bush Called For Reform 17 Times In 2008 ALONE, here dating back to 2001! Duplicate of Whitehouse.archives Bush Called For Reform 17 Times In 2008 | Sweetness & Light

Utter nonsense...

Your first link was about Clinton putting pressure on the GSE's to extend credit to those who were close to qualifying, but fell short. The GSE's complied but built up their portfolios of AAA-rated PLS, which did not cause the bubble and subsequent crash.

Your second link goes to a non-existent page.

Your third link is about Bush warning the Congress to increase oversight of the GSE's, but the Congress, controlled mostly by Republicans, passed nothing until the 2007 Democrat-led House passed two such bills and in 2008, the Democrat-led Senate passed one of them to get it to Bush's desk.

Your 4th, 5th and 6th links are to 2 videos and one WSJ article about how Barney Frank fought against GSE reform. While it's true he did; it's also true that he did at a time when Republicans controlled both chambers of Congress and he was but one House member of the minority party and helpless to prevent the House from passing GSE reform. Which, by the way, the Republican-led House did pass one such bill in all those years and Bush ripped it up for being ineffective and not addressing the problem.

Your 7th link blames the Republican-led Congress.

Your 8th link is about the same story as your 3rd link.

And again, we have Bush and Republicans taking credit for the boom before blaming Democrats for the bust...

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech​

I was a year out of collegee in the 90s. I had my student loans paid off, a good job and 20℅ down and still had to get my dad to co sign.

Republicans are such hypocrites. You know if they were in charge they would want to loosen regulations on a guy like me, not tighten them to make it harder for me to buy a home.

The rules were loosened and look at our 2008 recession.

 

[Faun]

BS

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech

Democrats actions leading to Mortgage Collapse B.B.

From New York Times
Fannie Mae Eases Credit To Aid Mortgage Lending
Fannie Mae Eases Credit To Aid Mortgage Lending


From Bloomberg News
How the Democrats Created the Financial Crisis
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0


The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs, ie Fannie, Freddie etc.)
Just the Facts: The Administration's Unheeded Warnings About the Systemic Risk Posed by the GSEs


Timeline shows Bush, McCain warning Democrats of Financial Crisis; Meltdown



The Wall Street Journal Barney’s Rubble
Barney's Rubble


Mashup of Maxine Waters & Barney Frank - Then Vs. Now

Embedded media from this media site is no longer available

The Bet That Blew Up Wall Street
Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis
The Bet That Blew Up Wall Street


Bush Called For Reform 17 Times In 2008 ALONE, here dating back to 2001! Duplicate of Whitehouse.archives Bush Called For Reform 17 Times In 2008 | Sweetness & Light

Utter nonsense...

Your first link was about Clinton putting pressure on the GSE's to extend credit to those who were close to qualifying, but fell short. The GSE's complied but built up their portfolios of AAA-rated PLS, which did not cause the bubble and subsequent crash.

Your second link goes to a non-existent page.

Your third link is about Bush warning the Congress to increase oversight of the GSE's, but the Congress, controlled mostly by Republicans, passed nothing until the 2007 Democrat-led House passed two such bills and in 2008, the Democrat-led Senate passed one of them to get it to Bush's desk.

Your 4th, 5th and 6th links are to 2 videos and one WSJ article about how Barney Frank fought against GSE reform. While it's true he did; it's also true that he did at a time when Republicans controlled both chambers of Congress and he was but one House member of the minority party and helpless to prevent the House from passing GSE reform. Which, by the way, the Republican-led House did pass one such bill in all those years and Bush ripped it up for being ineffective and not addressing the problem.

Your 7th link blames the Republican-led Congress.

Your 8th link is about the same story as your 3rd link.

And again, we have Bush and Republicans taking credit for the boom before blaming Democrats for the bust...

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech​

Thanks for the confirmation that you are simpleminded and not willing to research what really happened. Many economists predicted in the mid-90's that there was a depression coming, long before Bush was elected or even began running.

So what if some economists predicted there could be a depression? That doesn't mean there will be. There were economists predicting a double dip recession while Obama was president yet that never occurred. The CRA did not cause the crash, as many on the right delude themselves. Expanding the GSE's, which Bush did as well, did not cause the crash, as many on the right delude themselves. Same with removing restrictions on Glass-Steagall and derivatives. Those events did drive up home ownership, no question, but that was not the cause of the bubble. The primary cause of the bubble was lowering the federal fund rate to under 2%, and then ultimately to 1%, with no safeguards put in place to prevent a bubble from resulting. There were no regulations added to subprime loans, which were desperately needed when the prime rate fell. And to Bush's credit, he was asking Congress for GSE reform, but the Republican-led Congress wouldn't give it to him. Yes, republicans fully deserve the lion's share of the blame.

We were living on a bubble since the 70's. And we went from bubble to bubble to bubble until there was no place to go. It started when we wet off the gold standard, then credit became easier and easier, we borrowed our way to the recession. It was decades in the making, what goes up, goes down.

Sell stupid elsewhere. Yes, Nixon proved to be an idiot kill off the gold standard. The economy has been worse off for it. But we have not been in, or on, a bubble since. That's patently absurd given the last bubble burst during the last decade. Markets were up and down during the 70's and every decade since.

 

[Doc1]

Democrats actions leading to Mortgage Collapse B.B.

From New York Times
Fannie Mae Eases Credit To Aid Mortgage Lending
Fannie Mae Eases Credit To Aid Mortgage Lending


From Bloomberg News
How the Democrats Created the Financial Crisis
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0


The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs, ie Fannie, Freddie etc.)
Just the Facts: The Administration's Unheeded Warnings About the Systemic Risk Posed by the GSEs


Timeline shows Bush, McCain warning Democrats of Financial Crisis; Meltdown



The Wall Street Journal Barney’s Rubble
Barney's Rubble


Mashup of Maxine Waters & Barney Frank - Then Vs. Now

Embedded media from this media site is no longer available

The Bet That Blew Up Wall Street
Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis
The Bet That Blew Up Wall Street


Bush Called For Reform 17 Times In 2008 ALONE, here dating back to 2001! Duplicate of Whitehouse.archives Bush Called For Reform 17 Times In 2008 | Sweetness & Light

Utter nonsense...

Your first link was about Clinton putting pressure on the GSE's to extend credit to those who were close to qualifying, but fell short. The GSE's complied but built up their portfolios of AAA-rated PLS, which did not cause the bubble and subsequent crash.

Your second link goes to a non-existent page.

Your third link is about Bush warning the Congress to increase oversight of the GSE's, but the Congress, controlled mostly by Republicans, passed nothing until the 2007 Democrat-led House passed two such bills and in 2008, the Democrat-led Senate passed one of them to get it to Bush's desk.

Your 4th, 5th and 6th links are to 2 videos and one WSJ article about how Barney Frank fought against GSE reform. While it's true he did; it's also true that he did at a time when Republicans controlled both chambers of Congress and he was but one House member of the minority party and helpless to prevent the House from passing GSE reform. Which, by the way, the Republican-led House did pass one such bill in all those years and Bush ripped it up for being ineffective and not addressing the problem.

Your 7th link blames the Republican-led Congress.

Your 8th link is about the same story as your 3rd link.

And again, we have Bush and Republicans taking credit for the boom before blaming Democrats for the bust...

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech​

Thanks for the confirmation that you are simpleminded and not willing to research what really happened. Many economists predicted in the mid-90's that there was a depression coming, long before Bush was elected or even began running.

So what if some economists predicted there could be a depression? That doesn't mean there will be. There were economists predicting a double dip recession while Obama was president yet that never occurred. The CRA did not cause the crash, as many on the right delude themselves. Expanding the GSE's, which Bush did as well, did not cause the crash, as many on the right delude themselves. Same with removing restrictions on Glass-Steagall and derivatives. Those events did drive up home ownership, no question, but that was not the cause of the bubble. The primary cause of the bubble was lowering the federal fund rate to under 2%, and then ultimately to 1%, with no safeguards put in place to prevent a bubble from resulting. There were no regulations added to subprime loans, which were desperately needed when the prime rate fell. And to Bush's credit, he was asking Congress for GSE reform, but the Republican-led Congress wouldn't give it to him. Yes, republicans fully deserve the lion's share of the blame.

We were living on a bubble since the 70's. And we went from bubble to bubble to bubble until there was no place to go. It started when we wet off the gold standard, then credit became easier and easier, we borrowed our way to the recession. It was decades in the making, what goes up, goes down.

Sell stupid elsewhere. Yes, Nixon proved to be an idiot kill off the gold standard. The economy has been worse off for it. But we have not been in, or on, a bubble since. That's patently absurd given the last bubble burst during the last decade. Markets were up and down during the 70's and every decade since.

Kid you're an idiot, we're sitting on a bubble right now. Go swallow leftwing jizz elsewhere.

 

[Papageorgio]

Democrats actions leading to Mortgage Collapse B.B.

From New York Times
Fannie Mae Eases Credit To Aid Mortgage Lending
Fannie Mae Eases Credit To Aid Mortgage Lending


From Bloomberg News
How the Democrats Created the Financial Crisis
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0


The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs, ie Fannie, Freddie etc.)
Just the Facts: The Administration's Unheeded Warnings About the Systemic Risk Posed by the GSEs


Timeline shows Bush, McCain warning Democrats of Financial Crisis; Meltdown



The Wall Street Journal Barney’s Rubble
Barney's Rubble


Mashup of Maxine Waters & Barney Frank - Then Vs. Now

Embedded media from this media site is no longer available

The Bet That Blew Up Wall Street
Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis
The Bet That Blew Up Wall Street


Bush Called For Reform 17 Times In 2008 ALONE, here dating back to 2001! Duplicate of Whitehouse.archives Bush Called For Reform 17 Times In 2008 | Sweetness & Light

Utter nonsense...

Your first link was about Clinton putting pressure on the GSE's to extend credit to those who were close to qualifying, but fell short. The GSE's complied but built up their portfolios of AAA-rated PLS, which did not cause the bubble and subsequent crash.

Your second link goes to a non-existent page.

Your third link is about Bush warning the Congress to increase oversight of the GSE's, but the Congress, controlled mostly by Republicans, passed nothing until the 2007 Democrat-led House passed two such bills and in 2008, the Democrat-led Senate passed one of them to get it to Bush's desk.

Your 4th, 5th and 6th links are to 2 videos and one WSJ article about how Barney Frank fought against GSE reform. While it's true he did; it's also true that he did at a time when Republicans controlled both chambers of Congress and he was but one House member of the minority party and helpless to prevent the House from passing GSE reform. Which, by the way, the Republican-led House did pass one such bill in all those years and Bush ripped it up for being ineffective and not addressing the problem.

Your 7th link blames the Republican-led Congress.

Your 8th link is about the same story as your 3rd link.

And again, we have Bush and Republicans taking credit for the boom before blaming Democrats for the bust...

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech​

Thanks for the confirmation that you are simpleminded and not willing to research what really happened. Many economists predicted in the mid-90's that there was a depression coming, long before Bush was elected or even began running.

So what if some economists predicted there could be a depression? That doesn't mean there will be. There were economists predicting a double dip recession while Obama was president yet that never occurred. The CRA did not cause the crash, as many on the right delude themselves. Expanding the GSE's, which Bush did as well, did not cause the crash, as many on the right delude themselves. Same with removing restrictions on Glass-Steagall and derivatives. Those events did drive up home ownership, no question, but that was not the cause of the bubble. The primary cause of the bubble was lowering the federal fund rate to under 2%, and then ultimately to 1%, with no safeguards put in place to prevent a bubble from resulting. There were no regulations added to subprime loans, which were desperately needed when the prime rate fell. And to Bush's credit, he was asking Congress for GSE reform, but the Republican-led Congress wouldn't give it to him. Yes, republicans fully deserve the lion's share of the blame.

We were living on a bubble since the 70's. And we went from bubble to bubble to bubble until there was no place to go. It started when we wet off the gold standard, then credit became easier and easier, we borrowed our way to the recession. It was decades in the making, what goes up, goes down.

Sell stupid elsewhere. Yes, Nixon proved to be an idiot kill off the gold standard. The economy has been worse off for it. But we have not been in, or on, a bubble since. That's patently absurd given the last bubble burst during the last decade. Markets were up and down during the 70's and every decade since.

Yep, I didn't think you had the ability to understand what a bubble (it just doesn't involve the stock market, unless you can't grasp the full economic picture) is or how it played for many decades particularly accelerated in the mid 90's with the dotcom bubble then moving to the housing bubble and then leading us to the the buying and selling of bad debt.

Continue on being stupid.

 

[Faun]

Utter nonsense...

Your first link was about Clinton putting pressure on the GSE's to extend credit to those who were close to qualifying, but fell short. The GSE's complied but built up their portfolios of AAA-rated PLS, which did not cause the bubble and subsequent crash.

Your second link goes to a non-existent page.

Your third link is about Bush warning the Congress to increase oversight of the GSE's, but the Congress, controlled mostly by Republicans, passed nothing until the 2007 Democrat-led House passed two such bills and in 2008, the Democrat-led Senate passed one of them to get it to Bush's desk.

Your 4th, 5th and 6th links are to 2 videos and one WSJ article about how Barney Frank fought against GSE reform. While it's true he did; it's also true that he did at a time when Republicans controlled both chambers of Congress and he was but one House member of the minority party and helpless to prevent the House from passing GSE reform. Which, by the way, the Republican-led House did pass one such bill in all those years and Bush ripped it up for being ineffective and not addressing the problem.

Your 7th link blames the Republican-led Congress.

Your 8th link is about the same story as your 3rd link.

And again, we have Bush and Republicans taking credit for the boom before blaming Democrats for the bust...

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech​

Thanks for the confirmation that you are simpleminded and not willing to research what really happened. Many economists predicted in the mid-90's that there was a depression coming, long before Bush was elected or even began running.

So what if some economists predicted there could be a depression? That doesn't mean there will be. There were economists predicting a double dip recession while Obama was president yet that never occurred. The CRA did not cause the crash, as many on the right delude themselves. Expanding the GSE's, which Bush did as well, did not cause the crash, as many on the right delude themselves. Same with removing restrictions on Glass-Steagall and derivatives. Those events did drive up home ownership, no question, but that was not the cause of the bubble. The primary cause of the bubble was lowering the federal fund rate to under 2%, and then ultimately to 1%, with no safeguards put in place to prevent a bubble from resulting. There were no regulations added to subprime loans, which were desperately needed when the prime rate fell. And to Bush's credit, he was asking Congress for GSE reform, but the Republican-led Congress wouldn't give it to him. Yes, republicans fully deserve the lion's share of the blame.

We were living on a bubble since the 70's. And we went from bubble to bubble to bubble until there was no place to go. It started when we wet off the gold standard, then credit became easier and easier, we borrowed our way to the recession. It was decades in the making, what goes up, goes down.

Sell stupid elsewhere. Yes, Nixon proved to be an idiot kill off the gold standard. The economy has been worse off for it. But we have not been in, or on, a bubble since. That's patently absurd given the last bubble burst during the last decade. Markets were up and down during the 70's and every decade since.

Kid you're an idiot, we're sitting on a bubble right now. Go swallow leftwing jizz elsewhere.

Dumbfuck, learn to read. Then maybe you'll understand I didn't say we're not in a bubble now. I said we haven't been in, or on, a bubble since the 70's.

 

[Faun]

Utter nonsense...

Your first link was about Clinton putting pressure on the GSE's to extend credit to those who were close to qualifying, but fell short. The GSE's complied but built up their portfolios of AAA-rated PLS, which did not cause the bubble and subsequent crash.

Your second link goes to a non-existent page.

Your third link is about Bush warning the Congress to increase oversight of the GSE's, but the Congress, controlled mostly by Republicans, passed nothing until the 2007 Democrat-led House passed two such bills and in 2008, the Democrat-led Senate passed one of them to get it to Bush's desk.

Your 4th, 5th and 6th links are to 2 videos and one WSJ article about how Barney Frank fought against GSE reform. While it's true he did; it's also true that he did at a time when Republicans controlled both chambers of Congress and he was but one House member of the minority party and helpless to prevent the House from passing GSE reform. Which, by the way, the Republican-led House did pass one such bill in all those years and Bush ripped it up for being ineffective and not addressing the problem.

Your 7th link blames the Republican-led Congress.

Your 8th link is about the same story as your 3rd link.

And again, we have Bush and Republicans taking credit for the boom before blaming Democrats for the bust...

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech​

Thanks for the confirmation that you are simpleminded and not willing to research what really happened. Many economists predicted in the mid-90's that there was a depression coming, long before Bush was elected or even began running.

So what if some economists predicted there could be a depression? That doesn't mean there will be. There were economists predicting a double dip recession while Obama was president yet that never occurred. The CRA did not cause the crash, as many on the right delude themselves. Expanding the GSE's, which Bush did as well, did not cause the crash, as many on the right delude themselves. Same with removing restrictions on Glass-Steagall and derivatives. Those events did drive up home ownership, no question, but that was not the cause of the bubble. The primary cause of the bubble was lowering the federal fund rate to under 2%, and then ultimately to 1%, with no safeguards put in place to prevent a bubble from resulting. There were no regulations added to subprime loans, which were desperately needed when the prime rate fell. And to Bush's credit, he was asking Congress for GSE reform, but the Republican-led Congress wouldn't give it to him. Yes, republicans fully deserve the lion's share of the blame.

We were living on a bubble since the 70's. And we went from bubble to bubble to bubble until there was no place to go. It started when we wet off the gold standard, then credit became easier and easier, we borrowed our way to the recession. It was decades in the making, what goes up, goes down.

Sell stupid elsewhere. Yes, Nixon proved to be an idiot kill off the gold standard. The economy has been worse off for it. But we have not been in, or on, a bubble since. That's patently absurd given the last bubble burst during the last decade. Markets were up and down during the 70's and every decade since.

Yep, I didn't think you had the ability to understand what a bubble (it just doesn't involve the stock market, unless you can't grasp the full economic picture) is or how it played for many decades particularly accelerated in the mid 90's with the dotcom bubble then moving to the housing bubble and then leading us to the the buying and selling of bad debt.

Continue on being stupid.

Words have meaning, even if you don't understand them.

Read and learn what the definition of a bubble actually is...

Bubble

And where did I say anything about the "stock market" per se? I said "markets" were up and down over the last 4 and a half decades. That you includes housing markets, credit markets, the stock market, job markets, etc... we have had bubbles during that period but have not been in or on one the entire time.

 

[Doc1]

Thanks for the confirmation that you are simpleminded and not willing to research what really happened. Many economists predicted in the mid-90's that there was a depression coming, long before Bush was elected or even began running.

So what if some economists predicted there could be a depression? That doesn't mean there will be. There were economists predicting a double dip recession while Obama was president yet that never occurred. The CRA did not cause the crash, as many on the right delude themselves. Expanding the GSE's, which Bush did as well, did not cause the crash, as many on the right delude themselves. Same with removing restrictions on Glass-Steagall and derivatives. Those events did drive up home ownership, no question, but that was not the cause of the bubble. The primary cause of the bubble was lowering the federal fund rate to under 2%, and then ultimately to 1%, with no safeguards put in place to prevent a bubble from resulting. There were no regulations added to subprime loans, which were desperately needed when the prime rate fell. And to Bush's credit, he was asking Congress for GSE reform, but the Republican-led Congress wouldn't give it to him. Yes, republicans fully deserve the lion's share of the blame.

We were living on a bubble since the 70's. And we went from bubble to bubble to bubble until there was no place to go. It started when we wet off the gold standard, then credit became easier and easier, we borrowed our way to the recession. It was decades in the making, what goes up, goes down.

Sell stupid elsewhere. Yes, Nixon proved to be an idiot kill off the gold standard. The economy has been worse off for it. But we have not been in, or on, a bubble since. That's patently absurd given the last bubble burst during the last decade. Markets were up and down during the 70's and every decade since.

Kid you're an idiot, we're sitting on a bubble right now. Go swallow leftwing jizz elsewhere.

Dumbfuck, learn to read. Then maybe you'll understand I didn't say we're not in a bubble now. I said we haven't been in, or on, a bubble since the 70's.

I don't really care what you say or said. History disagrees with you. Why do you think Obama gave them money AND let them keep the properties?

 

[Faun]

So what if some economists predicted there could be a depression? That doesn't mean there will be. There were economists predicting a double dip recession while Obama was president yet that never occurred. The CRA did not cause the crash, as many on the right delude themselves. Expanding the GSE's, which Bush did as well, did not cause the crash, as many on the right delude themselves. Same with removing restrictions on Glass-Steagall and derivatives. Those events did drive up home ownership, no question, but that was not the cause of the bubble. The primary cause of the bubble was lowering the federal fund rate to under 2%, and then ultimately to 1%, with no safeguards put in place to prevent a bubble from resulting. There were no regulations added to subprime loans, which were desperately needed when the prime rate fell. And to Bush's credit, he was asking Congress for GSE reform, but the Republican-led Congress wouldn't give it to him. Yes, republicans fully deserve the lion's share of the blame.

We were living on a bubble since the 70's. And we went from bubble to bubble to bubble until there was no place to go. It started when we wet off the gold standard, then credit became easier and easier, we borrowed our way to the recession. It was decades in the making, what goes up, goes down.

Sell stupid elsewhere. Yes, Nixon proved to be an idiot kill off the gold standard. The economy has been worse off for it. But we have not been in, or on, a bubble since. That's patently absurd given the last bubble burst during the last decade. Markets were up and down during the 70's and every decade since.

Kid you're an idiot, we're sitting on a bubble right now. Go swallow leftwing jizz elsewhere.

Dumbfuck, learn to read. Then maybe you'll understand I didn't say we're not in a bubble now. I said we haven't been in, or on, a bubble since the 70's.

I don't really care what you say or said. History disagrees with you. Why do you think Obama gave them money AND let them keep the properties?

Moron.... you got your panties twisted in a wad because you didn't understand what I said. Run with that at your own risk.

 

[sealybobo]

The 2008 recession caused by Republicans? Lol! Clinton had as much to do with the Great Recession as Bush, in fact many people and laws had much to do with the Recession, but go ahead and spout your BS without proof.

BS

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech

Democrats actions leading to Mortgage Collapse B.B.

From New York Times
Fannie Mae Eases Credit To Aid Mortgage Lending
Fannie Mae Eases Credit To Aid Mortgage Lending


From Bloomberg News
How the Democrats Created the Financial Crisis
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0


The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs, ie Fannie, Freddie etc.)
Just the Facts: The Administration's Unheeded Warnings About the Systemic Risk Posed by the GSEs


Timeline shows Bush, McCain warning Democrats of Financial Crisis; Meltdown



The Wall Street Journal Barney’s Rubble
Barney's Rubble


Mashup of Maxine Waters & Barney Frank - Then Vs. Now

Embedded media from this media site is no longer available

The Bet That Blew Up Wall Street
Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis
The Bet That Blew Up Wall Street


Bush Called For Reform 17 Times In 2008 ALONE, here dating back to 2001! Duplicate of Whitehouse.archives Bush Called For Reform 17 Times In 2008 | Sweetness & Light

Utter nonsense...

Your first link was about Clinton putting pressure on the GSE's to extend credit to those who were close to qualifying, but fell short. The GSE's complied but built up their portfolios of AAA-rated PLS, which did not cause the bubble and subsequent crash.

Your second link goes to a non-existent page.

Your third link is about Bush warning the Congress to increase oversight of the GSE's, but the Congress, controlled mostly by Republicans, passed nothing until the 2007 Democrat-led House passed two such bills and in 2008, the Democrat-led Senate passed one of them to get it to Bush's desk.

Your 4th, 5th and 6th links are to 2 videos and one WSJ article about how Barney Frank fought against GSE reform. While it's true he did; it's also true that he did at a time when Republicans controlled both chambers of Congress and he was but one House member of the minority party and helpless to prevent the House from passing GSE reform. Which, by the way, the Republican-led House did pass one such bill in all those years and Bush ripped it up for being ineffective and not addressing the problem.

Your 7th link blames the Republican-led Congress.

Your 8th link is about the same story as your 3rd link.

And again, we have Bush and Republicans taking credit for the boom before blaming Democrats for the bust...

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech​

I was a year out of collegee in the 90s. I had my student loans paid off, a good job and 20℅ down and still had to get my dad to co sign.

Republicans are such hypocrites. You know if they were in charge they would want to loosen regulations on a guy like me, not tighten them to make it harder for me to buy a home.

The rules were loosened and look at our 2008 recession.

Isn't that what Republicans are all about? Loosening regulations?

Who knew the bush era would send 750,000 jobs a month oversea?. It's why Obama won and ultimately what did Hillary in. Clinton signed NAFTA, remember?

But the mass exodus happened on bushs watch

 

[Markle]

You seem to labor under the impression that your "opinions" matter to me, why is that?

Who are you?

I liked your post enough to comment. You should be honored

You aren't intellectually honest enough to have a conversation with.

You won't have the conversation because you'll have to admit we were right about what Republicans did to cause the great recession. 8 years of bush, Tom delay and Dennis hastert caused the 2007 recession. It most certainly wasn't 2006 pelosi and reed. There is a reason Democrats took control of both houses in 06 and we won white house 2008. The Republicans caused the great recession.

The 2008 recession caused by Republicans? Lol! Clinton had as much to do with the Great Recession as Bush, in fact many people and laws had much to do with the Recession, but go ahead and spout your BS without proof.

BS

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech

Democrats actions leading to Mortgage Collapse B.B.

From New York Times
Fannie Mae Eases Credit To Aid Mortgage Lending
Fannie Mae Eases Credit To Aid Mortgage Lending


From Bloomberg News
How the Democrats Created the Financial Crisis
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0


The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs, ie Fannie, Freddie etc.)
Just the Facts: The Administration's Unheeded Warnings About the Systemic Risk Posed by the GSEs


Timeline shows Bush, McCain warning Democrats of Financial Crisis; Meltdown



The Wall Street Journal Barney’s Rubble
Barney's Rubble


Mashup of Maxine Waters & Barney Frank - Then Vs. Now

Embedded media from this media site is no longer available

The Bet That Blew Up Wall Street
Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis
The Bet That Blew Up Wall Street


Bush Called For Reform 17 Times In 2008 ALONE, here dating back to 2001! Duplicate of Whitehouse.archives Bush Called For Reform 17 Times In 2008 | Sweetness & Light

It wasn't Republicans or Democrats, it was both party's. It was policies put into place by the federal government and no one had the common sense to question or remove the federal regulations.

To blame one side or the other is simplistic and very incorrect.

Not simplistic and not incorrect. Simply review the sources I provided. Would you like more?

 

[Doc1]

We were living on a bubble since the 70's. And we went from bubble to bubble to bubble until there was no place to go. It started when we wet off the gold standard, then credit became easier and easier, we borrowed our way to the recession. It was decades in the making, what goes up, goes down.

Sell stupid elsewhere. Yes, Nixon proved to be an idiot kill off the gold standard. The economy has been worse off for it. But we have not been in, or on, a bubble since. That's patently absurd given the last bubble burst during the last decade. Markets were up and down during the 70's and every decade since.

Kid you're an idiot, we're sitting on a bubble right now. Go swallow leftwing jizz elsewhere.

Dumbfuck, learn to read. Then maybe you'll understand I didn't say we're not in a bubble now. I said we haven't been in, or on, a bubble since the 70's.

I don't really care what you say or said. History disagrees with you. Why do you think Obama gave them money AND let them keep the properties?

Moron.... you got your panties twisted in a wad because you didn't understand what I said. Run with that at your own risk.

Yeah kid, I'm terrified of you be gone before someone drops a house on you too.

 

[Papageorgio]

BS

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech

Democrats actions leading to Mortgage Collapse B.B.

From New York Times
Fannie Mae Eases Credit To Aid Mortgage Lending
Fannie Mae Eases Credit To Aid Mortgage Lending


From Bloomberg News
How the Democrats Created the Financial Crisis
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0


The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs, ie Fannie, Freddie etc.)
Just the Facts: The Administration's Unheeded Warnings About the Systemic Risk Posed by the GSEs


Timeline shows Bush, McCain warning Democrats of Financial Crisis; Meltdown



The Wall Street Journal Barney’s Rubble
Barney's Rubble


Mashup of Maxine Waters & Barney Frank - Then Vs. Now

Embedded media from this media site is no longer available

The Bet That Blew Up Wall Street
Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis
The Bet That Blew Up Wall Street


Bush Called For Reform 17 Times In 2008 ALONE, here dating back to 2001! Duplicate of Whitehouse.archives Bush Called For Reform 17 Times In 2008 | Sweetness & Light

Utter nonsense...

Your first link was about Clinton putting pressure on the GSE's to extend credit to those who were close to qualifying, but fell short. The GSE's complied but built up their portfolios of AAA-rated PLS, which did not cause the bubble and subsequent crash.

Your second link goes to a non-existent page.

Your third link is about Bush warning the Congress to increase oversight of the GSE's, but the Congress, controlled mostly by Republicans, passed nothing until the 2007 Democrat-led House passed two such bills and in 2008, the Democrat-led Senate passed one of them to get it to Bush's desk.

Your 4th, 5th and 6th links are to 2 videos and one WSJ article about how Barney Frank fought against GSE reform. While it's true he did; it's also true that he did at a time when Republicans controlled both chambers of Congress and he was but one House member of the minority party and helpless to prevent the House from passing GSE reform. Which, by the way, the Republican-led House did pass one such bill in all those years and Bush ripped it up for being ineffective and not addressing the problem.

Your 7th link blames the Republican-led Congress.

Your 8th link is about the same story as your 3rd link.

And again, we have Bush and Republicans taking credit for the boom before blaming Democrats for the bust...

"Thanks to our policies, home ownership in America is at an all time high." ~ George Bush, 2004 Republican National Convention acceptance speech​

I was a year out of collegee in the 90s. I had my student loans paid off, a good job and 20℅ down and still had to get my dad to co sign.

Republicans are such hypocrites. You know if they were in charge they would want to loosen regulations on a guy like me, not tighten them to make it harder for me to buy a home.

The rules were loosened and look at our 2008 recession.

Isn't that what Republicans are all about? Loosening regulations?

Who knew the bush era would send 750,000 jobs a month oversea?. It's why Obama won and ultimately what did Hillary in. Clinton signed NAFTA, remember?

But the mass exodus happened on bushs watch

You just posted before that, that they wouldn't loosen regulations. Which is it?

Loosen, not loosen? Make up your mind.