No One Has Ever Fallen Faster

obama-blame-bush-cartoon.jpg
 
Too bad your chart doesn't include Obama. But the fact that it specifically mentions Clinton tells me they don't WANT to put Obama's deficits up there. The chart would have to be enlarged to cover it all.

I wish it did since we have yet to recover from your voting for Bush.
Oh, I get it. Obama gets a pass on his massive contribution to the debt. It's somebody ELSE'S fault, right? And you think people take you seriously? :lol:

PLEASE name the POLICIES Obama passed that caused the extra debt? Pretty please?

CHART: Bush Policies Dominant Cause Of National Debt


10-10-12bud_rev2-28-13-f1.jpg




10-10-12bud_rev2-28-13-f2.jpg
Policies aren't "passed", dummy.

Sure they are Bubba, like 2 UNFUNDED wars Dubya CHOSE. 2 UNFUNDED tax cuts, again on Dubya. AN UNFUNDED Medicare Expansion. See THOSE are called POLICIES. Yes, laws were passed to support them, but they are STILL policies. Got ANYTHING on Obama? lol


100317_cartoon_600.jpg
 
It doesn't matter.

Obumble is now a Lame Duck.

He lost both chambers of Congress.

Congress has turned its back on him.

The Failed Messiah has failed himself, his country, and his party - many of whom are running from him at the speed of light.

Prospects for a Democrat in the White House anytime soon after 2016 continue to dwindle.

I have no clue which of a hundred-and-one losers that the Pubs will put-up for election.

But they'd have to phukk-up pretty badly now, not to kick the ass of the Dems' choice.
What doesn't matter is this failed attempt to deflect.

The thread is about Palin, not the president. And given the fact that Palin is representative of most TPM republicans, your failed attempt to deflect is understandable.
 





Right-wingers Want To Erase How George Bush's "Homeowner Society" Helped Cause The Economic Collapse


2004 Republican Convention:

Another priority for a new term is to build an ownership society, because ownership brings security and dignity and independence.
...

Thanks to our policies, home ownership in America is at an all- time high.

(APPLAUSE)

Tonight we set a new goal: 7 million more affordable homes in the next 10 years, so more American families will be able to open the door and say, "Welcome to my home."


Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”



"Another form of easing facilitated the rapid rise of mortgages that didn't require borrowers to fully document their incomes. In 2006, these low- or no-doc loans comprised 81 percent of near-prime, 55 percent of jumbo, 50 percent of subprime and 36 percent of prime securitized mortgages."

Q HOLY JESUS! DID YOU JUST PROVE THAT OVER 50 % OF ALL MORTGAGES IN 2006 DIDN'T REQUIRE BORROWERS TO DOCUMENT THEIR INCOME?!?!?!?

A Yes.



Q WHO THE HELL LOANS HUNDREDS OF THOUSANDS OF DOLLARS TO PEOPLE WITHOUT CHECKING THEIR INCOMES?!?!?

A Banks.

Q WHY??!?!!!?!

A Two reasons, greed and Bush's regulators let them.

FACTS on Dubya s great recession US Message Board - Political Discussion Forum




100317_cartoon_600.jpg
 
Oh, I get it. Obama gets a pass on his massive contribution to the debt. It's somebody ELSE'S fault, right? And you think people take you seriously? :lol:

The majority of the deficit racked up during Obama were caused by the Bush/corporate America/wall street economic crash.
Right on cue! :lmao:

So NO, you can't refute it. Shocking
Sure, it's Bush's fault that Obama ran up $7 trillion (actually, it was closer to 8) in debt AFTER Bush left office. You are a complete idiot.
 





Right-wingers Want To Erase How George Bush's "Homeowner Society" Helped Cause The Economic Collapse


2004 Republican Convention:

Another priority for a new term is to build an ownership society, because ownership brings security and dignity and independence.
...

Thanks to our policies, home ownership in America is at an all- time high.

(APPLAUSE)

Tonight we set a new goal: 7 million more affordable homes in the next 10 years, so more American families will be able to open the door and say, "Welcome to my home."


Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”



"Another form of easing facilitated the rapid rise of mortgages that didn't require borrowers to fully document their incomes. In 2006, these low- or no-doc loans comprised 81 percent of near-prime, 55 percent of jumbo, 50 percent of subprime and 36 percent of prime securitized mortgages."

Q HOLY JESUS! DID YOU JUST PROVE THAT OVER 50 % OF ALL MORTGAGES IN 2006 DIDN'T REQUIRE BORROWERS TO DOCUMENT THEIR INCOME?!?!?!?

A Yes.



Q WHO THE HELL LOANS HUNDREDS OF THOUSANDS OF DOLLARS TO PEOPLE WITHOUT CHECKING THEIR INCOMES?!?!?

A Banks.

Q WHY??!?!!!?!

A Two reasons, greed and Bush's regulators let them.

FACTS on Dubya s great recession US Message Board - Political Discussion Forum




100317_cartoon_600.jpg

Please idiot....

Clinton’s Legacy: The Financial and Housing Meltdown
Clinton sowed the seeds of the Great Recession by helping to inflate the housing bubble.

Clinton s Legacy The Financial and Housing Meltdown - Reason.com
 
Oh, I get it. Obama gets a pass on his massive contribution to the debt. It's somebody ELSE'S fault, right? And you think people take you seriously? :lol:

The majority of the deficit racked up during Obama were caused by the Bush/corporate America/wall street economic crash.
Right on cue! :lmao:

So NO, you can't refute it. Shocking
Sure, it's Bush's fault that Obama ran up $7 trillion (actually, it was closer to 8) in debt AFTER Bush left office. You are a complete idiot.

Conservatives 'math' huh? lol


HMM, Was the economy in a free fall THANKS to Dubya/GOP 'job creator' policies when Obama came into office, GDP collapsing 9%+ the last quarter of 2008? Did Dubya/GOP policy knock federal revenues from 20%+ of GDP to below 15% of revenues? Did Dubya DECIDE to go to 2 wars AND UNLIKE at ANY other time in ANY NATION S history, decide not to increase taxes (revenues) to pay for it, instead actually cutting taxes AFTER war? lol

End of Clinton's last F/Y budget

09/30/2001 5,807,463,412,200.06

End of Dubya's last F/Y budget

09/30/2009 11,909,829,003,511.75

WOW A $6.1+ TRILLION DOLLAR INCREASE? AFTER CLINTON LEFT 4 SURPLUSES? LOL


8/30/2014 Obama's latest F/Y budget

17,824,071,380,733.82


IS THAT $8 TRILLION BUBBA? How much do you give to Dubya's policies and how much to Obama? HONESTY TRY IT, lol


Government - Historical Debt Outstanding - Annual 2000 - 2014
 
Oh, I get it. Obama gets a pass on his massive contribution to the debt. It's somebody ELSE'S fault, right? And you think people take you seriously? :lol:

The majority of the deficit racked up during Obama were caused by the Bush/corporate America/wall street economic crash.
Right on cue! :lmao:

So NO, you can't refute it. Shocking
Sure, it's Bush's fault that Obama ran up $7 trillion (actually, it was closer to 8) in debt AFTER Bush left office. You are a complete idiot.

Conservatives 'math' huh? lol


HMM, Was the economy in a free fall THANKS to Dubya/GOP 'job creator' policies when Obama came into office, GDP collapsing 9%+ the last quarter of 2008? Did Dubya/GOP policy knock federal revenues from 20%+ of GDP to below 15% of revenues? Did Dubya DECIDE to go to 2 wars AND UNLIKE at ANY other time in ANY NATION S history, decide not to increase taxes (revenues) to pay for it, instead actually cutting taxes AFTER war? lol

End of Clinton's last F/Y budget

09/30/2001 5,807,463,412,200.06

End of Dubya's last F/Y budget

09/30/2009 11,909,829,003,511.75

WOW A $6.1+ TRILLION DOLLAR INCREASE? AFTER CLINTON LEFT 4 SURPLUSES? LOL


8/30/2014 Obama's latest F/Y budget

17,824,071,380,733.82


IS THAT $8 TRILLION BUBBA? How much do you give to Dubya's policies and how much to Obama? HONESTY TRY IT, lol


Government - Historical Debt Outstanding - Annual 2000 - 2014
You just can't come to terms with it, can you, sycophant?
 





Right-wingers Want To Erase How George Bush's "Homeowner Society" Helped Cause The Economic Collapse


2004 Republican Convention:

Another priority for a new term is to build an ownership society, because ownership brings security and dignity and independence.
...

Thanks to our policies, home ownership in America is at an all- time high.

(APPLAUSE)

Tonight we set a new goal: 7 million more affordable homes in the next 10 years, so more American families will be able to open the door and say, "Welcome to my home."


Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”



"Another form of easing facilitated the rapid rise of mortgages that didn't require borrowers to fully document their incomes. In 2006, these low- or no-doc loans comprised 81 percent of near-prime, 55 percent of jumbo, 50 percent of subprime and 36 percent of prime securitized mortgages."

Q HOLY JESUS! DID YOU JUST PROVE THAT OVER 50 % OF ALL MORTGAGES IN 2006 DIDN'T REQUIRE BORROWERS TO DOCUMENT THEIR INCOME?!?!?!?

A Yes.



Q WHO THE HELL LOANS HUNDREDS OF THOUSANDS OF DOLLARS TO PEOPLE WITHOUT CHECKING THEIR INCOMES?!?!?

A Banks.

Q WHY??!?!!!?!

A Two reasons, greed and Bush's regulators let them.

FACTS on Dubya s great recession US Message Board - Political Discussion Forum




100317_cartoon_600.jpg

Please idiot....

Clinton’s Legacy: The Financial and Housing Meltdown
Clinton sowed the seeds of the Great Recession by helping to inflate the housing bubble.

Clinton s Legacy The Financial and Housing Meltdown - Reason.com

STILL trying to peddle that debunked bullshit? I'm shocked, no really I am, lol

Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”



Subprime_mortgage_originations,_1996-2008.GIF



Bush's documented policies and statements in time frame leading up to the start of the Bush Mortgage Bubble include (but not limited to)

Wanting 5.5 million more minority homeowners
Tells congress there is nothing wrong with GSEs
Pledging to use federal policy to increase home ownership
Routinely taking credit for the housing market
Forcing GSEs to buy more low income home loans by raising their Housing Goals
Lowering Invesntment banks capital requirements, Net Capital rule
Reversing the Clinton rule that restricted GSEs purchases of subprime loans (yeah, the one they blame Clinton/Cuomo for, lol)
Lowering down payment requirements to 0%
Forcing GSEs to spend an additional $440 billion in the secondary markets
Giving away 40,000 free down payments
PREEMPTING ALL STATE LAWS AGAINST PREDATORY LENDING


But the biggest policy was regulators not enforcing lending standards.


FACTS on Dubya s great recession US Message Board - Political Discussion Forum


LMAOROG


CLINTON? lol


 
The majority of the deficit racked up during Obama were caused by the Bush/corporate America/wall street economic crash.
Right on cue! :lmao:

So NO, you can't refute it. Shocking
Sure, it's Bush's fault that Obama ran up $7 trillion (actually, it was closer to 8) in debt AFTER Bush left office. You are a complete idiot.

Conservatives 'math' huh? lol


HMM, Was the economy in a free fall THANKS to Dubya/GOP 'job creator' policies when Obama came into office, GDP collapsing 9%+ the last quarter of 2008? Did Dubya/GOP policy knock federal revenues from 20%+ of GDP to below 15% of revenues? Did Dubya DECIDE to go to 2 wars AND UNLIKE at ANY other time in ANY NATION S history, decide not to increase taxes (revenues) to pay for it, instead actually cutting taxes AFTER war? lol

End of Clinton's last F/Y budget

09/30/2001 5,807,463,412,200.06

End of Dubya's last F/Y budget

09/30/2009 11,909,829,003,511.75

WOW A $6.1+ TRILLION DOLLAR INCREASE? AFTER CLINTON LEFT 4 SURPLUSES? LOL


8/30/2014 Obama's latest F/Y budget

17,824,071,380,733.82


IS THAT $8 TRILLION BUBBA? How much do you give to Dubya's policies and how much to Obama? HONESTY TRY IT, lol


Government - Historical Debt Outstanding - Annual 2000 - 2014
You just can't come to terms with it, can you, sycophant?

Stop projecting dummy
 





Right-wingers Want To Erase How George Bush's "Homeowner Society" Helped Cause The Economic Collapse


2004 Republican Convention:

Another priority for a new term is to build an ownership society, because ownership brings security and dignity and independence.
...

Thanks to our policies, home ownership in America is at an all- time high.

(APPLAUSE)

Tonight we set a new goal: 7 million more affordable homes in the next 10 years, so more American families will be able to open the door and say, "Welcome to my home."


Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”



"Another form of easing facilitated the rapid rise of mortgages that didn't require borrowers to fully document their incomes. In 2006, these low- or no-doc loans comprised 81 percent of near-prime, 55 percent of jumbo, 50 percent of subprime and 36 percent of prime securitized mortgages."

Q HOLY JESUS! DID YOU JUST PROVE THAT OVER 50 % OF ALL MORTGAGES IN 2006 DIDN'T REQUIRE BORROWERS TO DOCUMENT THEIR INCOME?!?!?!?

A Yes.



Q WHO THE HELL LOANS HUNDREDS OF THOUSANDS OF DOLLARS TO PEOPLE WITHOUT CHECKING THEIR INCOMES?!?!?

A Banks.

Q WHY??!?!!!?!

A Two reasons, greed and Bush's regulators let them.

FACTS on Dubya s great recession US Message Board - Political Discussion Forum




100317_cartoon_600.jpg

Please idiot....

Clinton’s Legacy: The Financial and Housing Meltdown
Clinton sowed the seeds of the Great Recession by helping to inflate the housing bubble.

Clinton s Legacy The Financial and Housing Meltdown - Reason.com

STILL trying to peddle that debunked bullshit? I'm shocked, no really I am, lol

Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”



Subprime_mortgage_originations,_1996-2008.GIF



Bush's documented policies and statements in time frame leading up to the start of the Bush Mortgage Bubble include (but not limited to)

Wanting 5.5 million more minority homeowners
Tells congress there is nothing wrong with GSEs
Pledging to use federal policy to increase home ownership
Routinely taking credit for the housing market
Forcing GSEs to buy more low income home loans by raising their Housing Goals
Lowering Invesntment banks capital requirements, Net Capital rule
Reversing the Clinton rule that restricted GSEs purchases of subprime loans (yeah, the one they blame Clinton/Cuomo for, lol)
Lowering down payment requirements to 0%
Forcing GSEs to spend an additional $440 billion in the secondary markets
Giving away 40,000 free down payments
PREEMPTING ALL STATE LAWS AGAINST PREDATORY LENDING


But the biggest policy was regulators not enforcing lending standards.


FACTS on Dubya s great recession US Message Board - Political Discussion Forum


LMAOROG


CLINTON? lol

Your fucking NUTS, you can see and HEAR it from Cuomo's mouth!! You IDIOT have a suspension of reality!
 
Right on cue! :lmao:

So NO, you can't refute it. Shocking
Sure, it's Bush's fault that Obama ran up $7 trillion (actually, it was closer to 8) in debt AFTER Bush left office. You are a complete idiot.

Conservatives 'math' huh? lol


HMM, Was the economy in a free fall THANKS to Dubya/GOP 'job creator' policies when Obama came into office, GDP collapsing 9%+ the last quarter of 2008? Did Dubya/GOP policy knock federal revenues from 20%+ of GDP to below 15% of revenues? Did Dubya DECIDE to go to 2 wars AND UNLIKE at ANY other time in ANY NATION S history, decide not to increase taxes (revenues) to pay for it, instead actually cutting taxes AFTER war? lol

End of Clinton's last F/Y budget

09/30/2001 5,807,463,412,200.06

End of Dubya's last F/Y budget

09/30/2009 11,909,829,003,511.75

WOW A $6.1+ TRILLION DOLLAR INCREASE? AFTER CLINTON LEFT 4 SURPLUSES? LOL


8/30/2014 Obama's latest F/Y budget

17,824,071,380,733.82


IS THAT $8 TRILLION BUBBA? How much do you give to Dubya's policies and how much to Obama? HONESTY TRY IT, lol


Government - Historical Debt Outstanding - Annual 2000 - 2014
You just can't come to terms with it, can you, sycophant?

Stop projecting dummy
You're pathetic. Still got your presidential knee pads?
 
The Myth of the Clinton Surplus
No pres has for quite a while...even Clinton!!

Greg

Here's an easy to read graphic for you.

FederalDeficit%281%29.jpg
Hmm who controlled the Congress those years?...hmmm?

REALLY? You realize the surplus was LARGELY thanks to the 1993 Dem bill that created 3 new tax brackets and took the top rate to 39.6% AND cut the deficit by over $400+ billion the next 3 years, without 1 GOPer vote? And BJ Bill had to veto the GOP $700+ tax cut AFTER his first surplus to get 3 more right? lol

Controlled? lol
 





Right-wingers Want To Erase How George Bush's "Homeowner Society" Helped Cause The Economic Collapse


2004 Republican Convention:

Another priority for a new term is to build an ownership society, because ownership brings security and dignity and independence.
...

Thanks to our policies, home ownership in America is at an all- time high.

(APPLAUSE)

Tonight we set a new goal: 7 million more affordable homes in the next 10 years, so more American families will be able to open the door and say, "Welcome to my home."


Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”



"Another form of easing facilitated the rapid rise of mortgages that didn't require borrowers to fully document their incomes. In 2006, these low- or no-doc loans comprised 81 percent of near-prime, 55 percent of jumbo, 50 percent of subprime and 36 percent of prime securitized mortgages."

Q HOLY JESUS! DID YOU JUST PROVE THAT OVER 50 % OF ALL MORTGAGES IN 2006 DIDN'T REQUIRE BORROWERS TO DOCUMENT THEIR INCOME?!?!?!?

A Yes.



Q WHO THE HELL LOANS HUNDREDS OF THOUSANDS OF DOLLARS TO PEOPLE WITHOUT CHECKING THEIR INCOMES?!?!?

A Banks.

Q WHY??!?!!!?!

A Two reasons, greed and Bush's regulators let them.

FACTS on Dubya s great recession US Message Board - Political Discussion Forum




100317_cartoon_600.jpg

Please idiot....

Clinton’s Legacy: The Financial and Housing Meltdown
Clinton sowed the seeds of the Great Recession by helping to inflate the housing bubble.

Clinton s Legacy The Financial and Housing Meltdown - Reason.com

STILL trying to peddle that debunked bullshit? I'm shocked, no really I am, lol

Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”



Subprime_mortgage_originations,_1996-2008.GIF



Bush's documented policies and statements in time frame leading up to the start of the Bush Mortgage Bubble include (but not limited to)

Wanting 5.5 million more minority homeowners
Tells congress there is nothing wrong with GSEs
Pledging to use federal policy to increase home ownership
Routinely taking credit for the housing market
Forcing GSEs to buy more low income home loans by raising their Housing Goals
Lowering Invesntment banks capital requirements, Net Capital rule
Reversing the Clinton rule that restricted GSEs purchases of subprime loans (yeah, the one they blame Clinton/Cuomo for, lol)
Lowering down payment requirements to 0%
Forcing GSEs to spend an additional $440 billion in the secondary markets
Giving away 40,000 free down payments
PREEMPTING ALL STATE LAWS AGAINST PREDATORY LENDING


But the biggest policy was regulators not enforcing lending standards.


FACTS on Dubya s great recession US Message Board - Political Discussion Forum


LMAOROG


CLINTON? lol

Your fucking NUTS, you can see and HEAR it from Cuomo's mouth!! You IDIOT have a suspension of reality!


You mean the rules Clinton changed in 2000 and Dubya reversed in 2004? LOL

Fukking lying moron

The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”

FACTS on Dubya s great recession US Message Board - Political Discussion Forum
 
So NO, you can't refute it. Shocking
Sure, it's Bush's fault that Obama ran up $7 trillion (actually, it was closer to 8) in debt AFTER Bush left office. You are a complete idiot.

Conservatives 'math' huh? lol


HMM, Was the economy in a free fall THANKS to Dubya/GOP 'job creator' policies when Obama came into office, GDP collapsing 9%+ the last quarter of 2008? Did Dubya/GOP policy knock federal revenues from 20%+ of GDP to below 15% of revenues? Did Dubya DECIDE to go to 2 wars AND UNLIKE at ANY other time in ANY NATION S history, decide not to increase taxes (revenues) to pay for it, instead actually cutting taxes AFTER war? lol

End of Clinton's last F/Y budget

09/30/2001 5,807,463,412,200.06

End of Dubya's last F/Y budget

09/30/2009 11,909,829,003,511.75

WOW A $6.1+ TRILLION DOLLAR INCREASE? AFTER CLINTON LEFT 4 SURPLUSES? LOL


8/30/2014 Obama's latest F/Y budget

17,824,071,380,733.82


IS THAT $8 TRILLION BUBBA? How much do you give to Dubya's policies and how much to Obama? HONESTY TRY IT, lol


Government - Historical Debt Outstanding - Annual 2000 - 2014
You just can't come to terms with it, can you, sycophant?

Stop projecting dummy
You're pathetic. Still got your presidential knee pads?

I get it Bubba, you right wingers ONLY give a Prez policies a pass when you 'believe' they do good, like Heritage, CATO, WSJ, etc 17 years of Reaganomics working, but failures like Dubya policies stop the day he left office, lol
 

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