Reminder: the economy does better under democrat presidents

Edgetho · Oct 31, 2023

Robert W said:
Democrats waged war on Bush over the impending recession in housing. He warned and warned Congress yet they protected FNMA and FreddieMac who really were behind the loans that went bust during Bush. Yes, Clinton screwed the pooch when he let OBL escape.
My own loan firm refused to help poor credit victims get loans on homes. Well except in two cases I know of where we did get loans for two customers that they lost their homes after that. We did lecture both though on keeping payments current that they ignored.

And the two criminals at Fannie Mae were Franklin Raines and Jamie Gorelick of "The Wall" fame. The one that prevented the CIA, DIA and SWC from sharing information about the upcoming 9/11 attacks. Able Danger had them dead on but a Lawyer at Fort Bragg wouldn't let them pass the info on to the FBI.... Who most likely would have stuck up their asses and then taken it out to taste it first anyway.

These people, the entire dimocrap scum party, are thieves. They don't care who gets hurt or killed as long as they can steal some money in the process.

And, help me out here -- What are two (2) dimocrap scum lawyer-operatives doing on the Board of Fannie Mae?

Care to take a guess?

bripat9643 · Oct 31, 2023

g5000 said:
The 2008 crash was caused primarily by the broker-dealers of Wall Street, not the GSEs.

And by AIG.

It was caused by the government, douchebag.

Robert W · Oct 31, 2023

g5000 said:
The larger our debt gets, the more sluggish our economy will be, no matter who is President.

That's a simple fact.

It is way past time to start holding our politicians' feet to the fire no matter what their party. This willful blindness to your team's overspending is to blame as much as anything else.

Everyone is going to have to make sacrifices. Until you all harden the fuck up and eat this shit sandwich you have created, our country will continue to head toward its destruction.

Any poster who has been on a committee, either as the chair or just a voting member, realizes the shit from congress does take both sides. But guess who paves the path that when republicans are weak in Congress that Democrats pave with lies?

Your run of the mill voter does not control congress votes. All they can do is vote for the lesser of evils. And the major source of evil is Democrats.

bripat9643 · Oct 31, 2023

g5000 said:
The larger our debt gets, the more sluggish our economy will be, no matter who is President.

That's a simple fact.

It is way past time to start holding our politicians' feet to the fire no matter what their party. This willful blindness to your team's overspending is to blame as much as anything else.

Everyone is going to have to make sacrifices. Until you all harden the fuck up and eat this shit sandwich you have created, our country will continue to head toward its destruction.

It's all Dims spending, dumbass.

Robert W · Oct 31, 2023

Edgetho said:
And the two criminals at Fannie Mae were Franklin Raines and Jamie Gorelick of "The Wall" fame. The one that prevented the CIA, DIA and SWC from sharing information about the upcoming 9/11 attacks. Able Danger had them dead on but a Lawyer at Fort Bragg wouldn't let them pass the info on to the FBI.... Who most likely would have stuck up their asses and then taken it out to taste it first anyway.

These people, the entire dimocrap scum party, are thieves. They don't care who gets hurt or killed as long as they can steal some money in the process.

And, help me out here -- What are two (2) dimocrap scum lawyer-operatives doing on the Board of Fannie Mae?

Care to take a guess?

At the time, I was identifying them as opposed to who hired them. But the public was lied to over and over by the criminal Democrats. Democrats also handed us the shitty Dodd Frank laws.

jc456 · Oct 31, 2023

Billy000 said:
I

i didn’t say that he caused it you dumb moronic sack of shit lol

If you’re saying he didn’t cause one, what are you saying?

Robert W · Oct 31, 2023

g5000 said:
The 2008 crash was caused primarily by the broker-dealers of Wall Street, not the GSEs.

And by AIG.

The public at large has never, not ever, been educated on the way home loans operate in the market place where there is the customer, the lending office, the wholesale office, the holders of home loans, those who buy from those groups and so forth. They only think they understand this. Democrats were told over and over by Bush that the low quality loans were heading us to a disaster and the Democrats defended it all the time in the Congress. Then they blamed Bush who was the person waving the damned flag in their faces of a disaster in the making. They called Bush a liar. But he was correct.

jc456 · Oct 31, 2023

Robert W said:
Somebody sold those bad loans that were created by the lending industry and not bankers.

When we made loans at the time, we were sent forms from lenders telling us the rates, terms and any points to be charged. While Wall St did buy loans, they did not create terms and conditions. However the lenders selling poor quality loans were following the directions of both FANNIE Mae and FreddiMac. Democrats defended both of course when Bush warned them of the impending crash.

Demofks want people to believe bush did that. Obammy did though

westwall · Oct 31, 2023

C_Clayton_Jones said:
Voting for a Republican for president is the definition of insanity.

Squeals the moronic clod who supports a idiot who fucks his own children, is corrupt to the core, and has sold us out to the Chinese.

jc456 · Oct 31, 2023

C_Clayton_Jones said:
Voting for a Republican for president is the definition of insanity.

So dictatorships is your objective!

Robert W · Oct 31, 2023

jc456 said:
Demofks want people to believe bush did that. Obammy did though

Obama gets no credit for the recovery. Democrats get none either.

jc456 · Oct 31, 2023

Robert W said:
Obama gets no credit for the recovery. Democrats get none either.

But obammy allowed acorn loans

WTH_Progs? · Oct 31, 2023

Mac1958 said:
The numbers are clear. The economy is very strong (for now, we'll see). A little stronger than many would like, given the pressure it's still putting on interest rates. And that, by the way, is happening during a period of quantitative tightening, the opposite of the spectacularly loose-money QE we had through 2020.

The inflation blamed by the blind partisans on Biden was the result of $11 trillion in stimulus from 2009 through 2020, followed by collapsed global supply chains coming out of the lockdowns, followed by a Fed that was about 8 months too fucking slow to increase interest rates.

The rest of what I'm seeing here is ignorance, bullshit or both, by people who know nothing of macroeconomics other than what their one-sided MAGA media tells them.

The OP is a lie. I've proven that so many times, but these are "liberals", they can't handle the truth and live in an abstract world. Plus leftists are plain dumb. They've never heard of Congress and Senate.

Incidentally, hold onto your hats. Take a peak how fast our debt is increasing. That's what I call "progressive".

YR	POTUS	SEN	CON	UN-EMP	POV	Crime	GDP	Misery Ave.	30-yr Mort. Rate	INFLATION	Debt
75	Ford	Dem	Dem	8.48	12.3	5.30%	-0.21%	15.10%	9.05%	9.14%	533.2 B
76	Ford	Dem	Dem	7.7	11.8	5.29%	5.39%	12.70%	8.87%	5.74%	620.4 B
77	Carter	Dem	Dem	7.05	11.6	5.08%	4.62%	13.10%	8.85%	6.50%	699.8 B
78	Carter	Dem	Dem	6.07	11.4	5.14%	5.54%	15.00%	9.64%	7.63%	771.5 B
79	Carter	Dem	Dem	5.85	11.7	5.57%	3.17%	19.30%	11.20%	11.25%	826.5 B
80	Carter	Dem	Dem	7.18	13	5.95%	-0.26%	19.70%	13.74%	13.55%	907.7 B
81	Reagan	Rep	Dem	7.62	14	5.86%	2.54%	12.19%	16.63%	10.33%	997.9 B
82	Reagan	Rep	Dem	9.71	15	5.60%	-1.80%	12.19%	16.04%	6.13%	1.14 T
83	Reagan	Rep	Dem	9.6	15.2	5.18%	4.58%	12.19%	13.24%	3.21%	1.38 T
84	Reagan	Rep	Dem	7.51	14.4	5.03%	7.24%	12.19%	13.88%	4.30%	1.57 T
85	Reagan	Rep	Dem	7.19	14	5.21%	4.17%	12.19%	12.43%	3.55%	1.82 T
86	Reagan	Rep	Dem	7	13.6	5.50%	3.46%	12.19%	10.19%	1.90%	2.13 T
87	Reagan	Dem	Dem	6.18	13.4	5.58%	3.46%	12.19%	10.21%	3.66%	2.35 T
88	Reagan	Dem	Dem	5.49	13	5.66%	4.18%	12.19%	10.34%	4.08%	2.60 T
89	Bush	Dem	Dem	5.26	12.8	5.74%	3.68%	10.68%	10.32%	4.83%	2.86 T
90	Bush	Dem	Dem	5.62	13.5	5.82%	-1.79%	10.68%	10.13%	5.40%	3.23 T
91	Bush	Dem	Dem	6.85	14.2	5.90%	-1.99%	10.68%	9.25%	4.24%	3.67 T
92	Bush	Dem	Dem	7.49	14.8	5.66%	3.52%	10.68%	8.39%	3.03%	4.06 T
93	Clinton	Dem	Dem	6.91	15.1	5.48%	2.75%	9.20%	7.31%	2.95%	4.41 T
94	Clinton	Dem	Dem	6.1	14.5	5.37%	4.03%	8.20%	8.38%	2.61%	4.70 T
95	Clinton	Rep	Rep	5.59	13.8	5.28%	2.68%	8.10%	7.93%	2.81%	4.98 T
96	Clinton	Rep	Rep	5.41	13.7	5.09%	3.77%	8.70%	7.81%	2.93%	5.22 T
97	Clinton	Rep	Rep	4.94	13.3	4.93%	4.45%	6.40%	7.60%	2.34%	5.41 T
98	Clinton	Rep	Rep	4.5	12.7	4.62%	4.48%	6.00%	6.94%	1.55%	5.53 T
99	Clinton	Rep	Rep	4.22	11.9	4.27%	4.75%	6.70%	7.44%	2.19%	5.66 T
0	Clinton	Rep	Rep	3.97	11.3	4.12%	-0.63%	7.30%	8.05%	3.38%	5.67 T
1	Bush	Dem	Rep	4.74	11.7	4.16%	-3.13%	7.30%	6.97%	2.83%	5.80 T
2	Bush	Dem	Rep	5.78	12.1	4.13%	1.74%	8.40%	6.54%	1.59%	6.23 T
3	Bush	Rep	Rep	5.99	12.5	4.07%	2.86%	7.60%	5.83%	2.27%	6.78 T
4	Bush	Rep	Rep	5.54	12.7	3.98%	3.80%	8.70%	5.84%	2.68%	7.38 T
5	Bush	Rep	Rep	5.08	12.6	3.90%	3.51%	8.30%	5.87%	3.39%	7.93 T
6	Bush	Rep	Rep	4.61	12.3	3.81%	2.86%	6.90%	6.41%	3.23%	8.50 T
7	Bush	Dem	Dem	4.62	12.5	3.73%	1.88%	9.10%	6.34%	2.85%	9.07 T
8	Bush	Dem	Dem	5.8	13.2	3.67%	-0.14%	7.40%	6.03%	3.84%	10.02 T
9	Obama	Dem	Dem	9.28	14.3	3.51%	-2.54%	12.60%	5.04%	-0.36%	11.90 T
10	Obama	Dem	Dem	9.61	15.1	3.35%	2.56%	10.80%	4.69%	1.64%	13.56 T
11	Obama	Dem	Rep	8.93	15	3.29%	1.55%	11.50%	4.45%	3.16%	14.79 T
12	Obama	Dem	Rep	8.08	15	3.26%	2.25%	9.60%	3.66%	2.07%	16.06 T
13	Obama	Dem	Rep	7.36	14.8	3.11%	1.84%	8.20%	3.98%	1.46%	16.74 T
14	Obama	Dem	Rep	6.16	14.8	2.95%	2.53%	6.40%	4.17%	1.62%	17.82 T
15	Obama	Rep	Rep	5.28	13.5	2.89%	2.91%	5.70%	3.85%	0.12%	18.15 T
16	Obama	Rep	Rep	4.88	12.7	2.85%	1.64%	6.80%	3.65%	1.26%	19.57 T
17	Trump	Rep	Rep	4.35	12.3	2.76%	2.37%	6.30%	3.99%	2.13%	20.24 T
18	Trump	Rep	Rep	3.89	11.8	2.59%	2.93%	5.80%	4.54%	2.44%	21.52 T
19	Trump	Rep	Dem	3.68	10.5	2.49%	2.29%	5.80%	3.94%	1.81%	22.71 T
20	Trump	Rep	Dem	6.7	11.7	4.70%	-3.40%	6.6	3.11%	1.25%	26.95 T
21	Xiden	Dem	Dem	3.9	11.6	Pend.	5.67%	10.94	3.67%	7.00%	30T
22	Xiden	Dem	Dem	3.7	11.5	Pend.	2.10%	9.94	6.31%	8.00%	31.4T
23	Xiden	Dem	Rep	3.6	Pend.	Pend.	2.90%	7.5	8.60%	3.70%	33.7T

Billy000 · Oct 31, 2023

Robert W said:
WHAT?????? After you did that, now you changed your mind?

So what did I do?

Billy000 · Oct 31, 2023

WTH_Progs? said:
The OP is a lie. I've proven that so many times, but these are "liberals", they can't handle the truth and live in an abstract world. Plus leftists are plain dumb. They've never heard of Congress and Senate.

Incidentally, hold onto your hats. Take a peak how fast our debt is increasing. That's what I call "progressive".

YR POTUS SEN CON UN-EMP POV Crime GDP Misery Ave. 30-yr Mort.
Rate INFLATION Debt
75
Ford Dem Dem
8.48
12.3
5.30%
-0.21%
15.10%
9.05%
9.14%
533.2 B
76
Ford Dem Dem
7.7
11.8
5.29%
5.39%
12.70%
8.87%
5.74%
620.4 B
77
Carter Dem Dem
7.05
11.6
5.08%
4.62%
13.10%
8.85%
6.50%
699.8 B
78
Carter Dem Dem
6.07
11.4
5.14%
5.54%
15.00%
9.64%
7.63%
771.5 B
79
Carter Dem Dem
5.85
11.7
5.57%
3.17%
19.30%
11.20%
11.25%
826.5 B
80
Carter Dem Dem
7.18
13
5.95%
-0.26%
19.70%
13.74%
13.55%
907.7 B
81
Reagan Rep Dem
7.62
14
5.86%
2.54%
12.19%
16.63%
10.33%
997.9 B
82
Reagan Rep Dem
9.71
15
5.60%
-1.80%
12.19%
16.04%
6.13%
1.14 T
83
Reagan Rep Dem
9.6
15.2
5.18%
4.58%
12.19%
13.24%
3.21%
1.38 T
84
Reagan Rep Dem
7.51
14.4
5.03%
7.24%
12.19%
13.88%
4.30%
1.57 T
85
Reagan Rep Dem
7.19
14
5.21%
4.17%
12.19%
12.43%
3.55%
1.82 T
86
Reagan Rep Dem
7
13.6
5.50%
3.46%
12.19%
10.19%
1.90%
2.13 T
87
Reagan Dem Dem
6.18
13.4
5.58%
3.46%
12.19%
10.21%
3.66%
2.35 T
88
Reagan Dem Dem
5.49
13
5.66%
4.18%
12.19%
10.34%
4.08%
2.60 T
89
Bush Dem Dem
5.26
12.8
5.74%
3.68%
10.68%
10.32%
4.83%
2.86 T
90
Bush Dem Dem
5.62
13.5
5.82%
-1.79%
10.68%
10.13%
5.40%
3.23 T
91
Bush Dem Dem
6.85
14.2
5.90%
-1.99%
10.68%
9.25%
4.24%
3.67 T
92
Bush Dem Dem
7.49
14.8
5.66%
3.52%
10.68%
8.39%
3.03%
4.06 T
93
Clinton Dem Dem
6.91
15.1
5.48%
2.75%
9.20%
7.31%
2.95%
4.41 T
94
Clinton Dem Dem
6.1
14.5
5.37%
4.03%
8.20%
8.38%
2.61%
4.70 T
95
Clinton Rep Rep
5.59
13.8
5.28%
2.68%
8.10%
7.93%
2.81%
4.98 T
96
Clinton Rep Rep
5.41
13.7
5.09%
3.77%
8.70%
7.81%
2.93%
5.22 T
97
Clinton Rep Rep
4.94
13.3
4.93%
4.45%
6.40%
7.60%
2.34%
5.41 T
98
Clinton Rep Rep
4.5
12.7
4.62%
4.48%
6.00%
6.94%
1.55%
5.53 T
99
Clinton Rep Rep
4.22
11.9
4.27%
4.75%
6.70%
7.44%
2.19%
5.66 T
0
Clinton Rep Rep
3.97
11.3
4.12%
-0.63%
7.30%
8.05%
3.38%
5.67 T
1
Bush Dem Rep
4.74
11.7
4.16%
-3.13%
7.30%
6.97%
2.83%
5.80 T
2
Bush Dem Rep
5.78
12.1
4.13%
1.74%
8.40%
6.54%
1.59%
6.23 T
3
Bush Rep Rep
5.99
12.5
4.07%
2.86%
7.60%
5.83%
2.27%
6.78 T
4
Bush Rep Rep
5.54
12.7
3.98%
3.80%
8.70%
5.84%
2.68%
7.38 T
5
Bush Rep Rep
5.08
12.6
3.90%
3.51%
8.30%
5.87%
3.39%
7.93 T
6
Bush Rep Rep
4.61
12.3
3.81%
2.86%
6.90%
6.41%
3.23%
8.50 T
7
Bush Dem Dem
4.62
12.5
3.73%
1.88%
9.10%
6.34%
2.85%
9.07 T
8
Bush Dem Dem
5.8
13.2
3.67%
-0.14%
7.40%
6.03%
3.84%
10.02 T
9
Obama Dem Dem
9.28
14.3
3.51%
-2.54%
12.60%
5.04%
-0.36%
11.90 T
10
Obama Dem Dem
9.61
15.1
3.35%
2.56%
10.80%
4.69%
1.64%
13.56 T
11
Obama Dem Rep
8.93
15
3.29%
1.55%
11.50%
4.45%
3.16%
14.79 T
12
Obama Dem Rep
8.08
15
3.26%
2.25%
9.60%
3.66%
2.07%
16.06 T
13
Obama Dem Rep
7.36
14.8
3.11%
1.84%
8.20%
3.98%
1.46%
16.74 T
14
Obama Dem Rep
6.16
14.8
2.95%
2.53%
6.40%
4.17%
1.62%
17.82 T
15
Obama Rep Rep
5.28
13.5
2.89%
2.91%
5.70%
3.85%
0.12%
18.15 T
16
Obama Rep Rep
4.88
12.7
2.85%
1.64%
6.80%
3.65%
1.26%
19.57 T
17
Trump Rep Rep
4.35
12.3
2.76%
2.37%
6.30%
3.99%
2.13%
20.24 T
18
Trump Rep Rep
3.89
11.8
2.59%
2.93%
5.80%
4.54%
2.44%
21.52 T
19
Trump Rep Dem
3.68
10.5
2.49%
2.29%
5.80%
3.94%
1.81%
22.71 T
20
Trump Rep Dem
6.7
11.7
4.70%
-3.40%
6.6
3.11%
1.25%
26.95 T
21
Xiden Dem Dem
3.9
11.6
Pend.
5.67%
10.94
3.67%
7.00%
30T
22
Xiden Dem Dem
3.7
11.5
Pend.
2.10%
9.94
6.31%
8.00%
31.4T
23
Xiden Dem Rep
3.6
Pend. Pend.
2.90%
7.5
8.60%
3.70%
33.7T

Hey dumb fuck if Obama inherited a recession from Bush the unemployment rate is obviously going to be high starting. Of course as your own data says, that rate decreased as time went on. Derp!

Dragonlady · Oct 31, 2023

Independentthinker said:
LOL.

70% of the country has been saying for over two years now, since Biden took office, that we are headed in the wrong direction.

We have had 13% inflation, record evictions, record foreclosures, record auto loan defaults, record credit card debt, record withdraws from retirement accounts, and record crime.

And you post that we are just doing swell under Democrats.

When Trump was in office, 80% of the people said you're on the wrong track. Nothing has changed in terms of the track the nation is on. It's barrelling towards an authoritarian dictatorship, and the Trump Cult is leading the charge.

Republicans have no interest in managing the economy or running the Country, they just want to destroy Democrats.

Edgetho · Oct 31, 2023

Robert W said:
The public at large has never, not ever, been educated on the way home loans operate in the market place where there is the customer, the lending office, the wholesale office, the holders of home loans, those who buy from those groups and so forth. They only think they understand this. Democrats were told over and over by Bush that the low quality loans were heading us to a disaster and the Democrats defended it all the time in the Congress. Then they blamed Bush who was the person waving the damned flag in their faces of a disaster in the making. They called Bush a liar. But he was correct.

The CRA, a well-intentioned Act under The Peanut, got abused by The Rapist. Janet Reno sent Jamie Gorelick around to Banks letting them know that, if they wanted to open Branches of their Banks in other areas, other localities, other States, they better play ball.

And by Play Ball they meant they better start using the same criteria that CRA (community reinvestment act) used on deteriorating neighborhoods on ALL its loans. Or as much as possible.

They complied because Fannie was buying up all those loans anyway, so they didn't care. Then Fannie would bundle those loans and sell them as Mortgage Backed Bonds. An awful lot of them to Foreign goobermints.

Fannie Mae Mortgage bonds had always been a good investment, a good way to earn reasonable interest on very safe bonds.

Until The Rapist and Reno and Gorelick got involved, make Banks use Sub Prime qualifications on Fannie Mae Mortgages.

So the defaults started rolling in and the Bonds started losing their collective asses. Bigly. That's where the Default Swaps came into play.

Remember Client Number Nine? Eliot Spitzer, who went after Hank Greenberg of AIG with a vengeance? The Default Swaps weren't inherently bad as long as you had somebody that knew what he was doing leading the way. Hank was a smart man. dimocrap scum are not. They're just scum.

Very Complicated. Very.

WTH_Progs? · Oct 31, 2023

Billy000 said:
Hey dumb fuck if Obama inherited a recession from Bush the unemployment rate is obviously going to be high starting. Of course as your own data says, that rate decreased as time went on. Derp!

Hey dumbfuck, you ever heard of Congress and Senate? Ever ponder what they do?

And you're cherry-picking. That chart is complete, no wonder you're bothered by it, you guys can't handle the truth, as you tweet tweet tweet lies. And dumbshit, if Obama inherited a high unemployment rate, OF COURSE it's going to be reduced in time. That's simply how shit works, but you only cited one side of it, because you're dishonest.

I noticed you failed to recognize the Demonicrats controlled congress and senate when "bush's recession" had occurred. How come? Likewise, you failed to recognize the Republicans controlled both houses when things improved, on O'bummer's watch.

And only you fucks can suggest Biden rightened the ship following covid, which your kind shut down the economy for, and they reopened everything when the election was over despite twice the cases as a year earlier. Yeah, that's your kind who did that.

Fuck, the GDP increased 31% Trump's 3rd qtr. 2020. According to your "logic" he must be the GOAT Potus.

Take note of the misery index. It's highest on the Democrack's watch, consistently.

Billy000 · Oct 31, 2023

WTH_Progs? said:
Hey dumbfuck, you ever heard of Congress and Senate? Ever ponder what they do?

And you're cherry-picking. That chart is complete, no wonder you're bothered by it, you guys can't handle the truth, as you tweet tweet tweet lies.

You're a clown, and dishonest. Only you fucks can suggest Biden rightened the ship following covid, which your kind shut down the economy for, and they reopened everything when the election was over despite twice the cases as a year earlier. Yeah, that's your kind who did that.

Fuck, the GDP increased 31% Trump's 3rd qtr. 2020. According to your "logic" he must be the GOAT Potus.

Take note of the misery index. It's highest on the Democrack's watch, consistently.

I didn’t say the chart was imcomplete. I said you’re too stupid to actually understand what it shows. If the recession started three months before Obama became president, obviously the unemployment rate is going to go up the first half of his first year. After that, the recession ended and unemployment went down. That’s exactly what that data shows.

jc456 · Oct 31, 2023

Billy000 said:
Hey dumb fuck if Obama inherited a recession from Bush the unemployment rate is obviously going to be high starting. Of course as your own data says, that rate decreased as time went on. Derp!

explain rows 8 and 9 then? It doesn't follow your statement. Again, facts proving you a liar.

Reminder: the economy does better under democrat presidents

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