The Great Recession - a little tutoring for liberal Democrats

[TheDude]

Did you know government policy, banking and an ignorant public led to the economic disaster liberals blame Bush for? You know, the recession Obama “pulled us out of” by doing what, bailouts started under Bush? Incidentally, for those who understand economics, there’s only one opposite direction following economic collapse. Confused?

Do you know when the government policy and banking practices began? You might educate yourself so you don’t look dumb and foolish to those who have a minimal comprehension of history and critical thought.

Did you know the Democrats controlled the House and Senate in 2007-2009? If the government is to blame for the housing crash, how did you manage to avoid blaming Democrats?

Did you know the worst point of the recession occurred on Obama's watch, late 2009? Yeah, that was with a Democrat controlled Senate and House. The Democrats controlled the House, Senate and POUS in 2009-2011. If anything our country slid deeper into recession during that period.

Did you know economic “recovery” was the slowest or one of the slowest paces in our history? Perhaps leadership was poor?

Did you know the Republicans controlled the House and Senate in 2015-2017? You know, when the USA demonstrated the greatest economic recovery? In fact, there was little sign of economic recovery until 2012-13ish, which BTW, the Republicans had the majority in the House.

 

[Moonglow]

You mean that Bush wasn't part of the government, well that is a new one on me...

 

[Moonglow]

Who was in control 2001-2006?

 

[g5000]

It takes a special kind of retarded Dude to think the causes of the crash occurred from 2007-2009.

 

[Moonglow]

It takes a special kind of retarded Dude to think the causes of the crash occurred from 2007-2009.

That's just like the new generation, always wanting instant gratification...

 

[owebo]

Who was in control 2001-2006?

I miss 2001 to 2006.....

 

[g5000]

Here is a list, not all inclusive, of the entities to blame for the crash:

Bill Clinton.

George W. Bush.

The Republicans.

The Democrats.

Liberals.

Conservatives.

The ratings agencies.

The banks.

The borrowers.

The investors.

White people.

Black people.

Brown people.

Rich people.

Poor people.

The middle class.

The media.

 

[Mac1958]

Here is a list, not all inclusive, of the entities to blame for the crash:

Bill Clinton.

George W. Bush.

The Republicans.

The Democrats.

Liberals.

Conservatives.

The ratings agencies.

The banks.

The borrowers.

The investors.

White people.

Black people.

Brown people.

Rich people.

Poor people.

The middle class.

The media.

Yup.

But that doesn't fit on a bumper sticker for the wingers.

Oh, and don't forget Greenspan, for multiple offenses. He deserves his own spot.
.

 

[owebo]

Here is a list, not all inclusive, of the entities to blame for the crash:

Bill Clinton.

George W. Bush.

The Republicans.

The Democrats.

Liberals.

Conservatives.

The ratings agencies.

The banks.

The borrowers.

The investors.

White people.

Black people.

Brown people.

Rich people.

Poor people.

The middle class.

The media.

Just democrats...

 

[g5000]

Here is a list, not all inclusive, of the entities to blame for the crash:

Bill Clinton.

George W. Bush.

The Republicans.

The Democrats.

Liberals.

Conservatives.

The ratings agencies.

The banks.

The borrowers.

The investors.

White people.

Black people.

Brown people.

Rich people.

Poor people.

The middle class.

The media.

Yup.

But that doesn't fit on a bumper sticker for the wingers.

Oh, and don't forget Greenspan, for multiple offenses. He deserves his own spot.
.

Ah, yes. I forgot to add the Federal Reserve.

Thanks.

 

[g5000]

Here is a list, not all inclusive, of the entities to blame for the crash:

Bill Clinton.

George W. Bush.

The Republicans.

The Democrats.

Liberals.

Conservatives.

The ratings agencies.

The banks.

The borrowers.

The investors.

White people.

Black people.

Brown people.

Rich people.

Poor people.

The middle class.

The media.

Just democrats...

Thanks for being so quick to disqualify yourself as someone who knows what they are talking about.

 

[owebo]

Here is a list, not all inclusive, of the entities to blame for the crash:

Bill Clinton.

George W. Bush.

The Republicans.

The Democrats.

Liberals.

Conservatives.

The ratings agencies.

The banks.

The borrowers.

The investors.

White people.

Black people.

Brown people.

Rich people.

Poor people.

The middle class.

The media.

Just democrats...

Thanks for being so quick to disqualify yourself as someone who knows what they are talking about.

Indeed....

 

[g5000]

Who was in control 2001-2006?

I miss 2001 to 2006.....

9/11. The Patriot Act. The war in Iraq. The war in Afghanistan. The War on Terra™. Flag pins. Domestic spying on tens of millions of Americans. Guns lost in Mexico. Embassies attacked and blown up, with many Americans killed. A near-fatal pretzel. Record presidential vacations and golfing trips. 291 Executive Orders. The militarization of local police. A new trillion dollar government medical entitlement program that wasn't paid for. Record deficits, record debt. Hated around the world. Lies about WMDs. Lies that got us into a war. Plummeting LFPR.

Good times. Good times.

 

[owebo]

Who was in control 2001-2006?

I miss 2001 to 2006.....

9/11. The Patriot Act. The war in Iraq. The war in Afghanistan. The War on Terra™. Flag pins. Domestic spying on tens of millions of Americans. Guns lost in Mexico. Embassies attacked and blown up, with many Americans killed. A near-fatal pretzel. Record presidential vacations and golfing trips. 291 Executive Orders. A new trillion dollar government medical entitlement program that wasn't paid for. Record deficits, record debt. Hated around the world. Lies about WMDs. Lies that got us into a war.

Good times. Good times.

Making millions....

 

[NYcarbineer]

Did you know government policy, banking and an ignorant public led to the economic disaster liberals blame Bush for? You know, the recession Obama “pulled us out of” by doing what, bailouts started under Bush? Incidentally, for those who understand economics, there’s only one opposite direction following economic collapse. Confused?

Do you know when the government policy and banking practices began? You might educate yourself so you don’t look dumb and foolish to those who have a minimal comprehension of history and critical thought.

Did you know the Democrats controlled the House and Senate in 2007-2009? If the government is to blame for the housing crash, how did you manage to avoid blaming Democrats?

Did you know the worst point of the recession occurred on Obama's watch, late 2009? Yeah, that was with a Democrat controlled Senate and House. The Democrats controlled the House, Senate and POUS in 2009-2011. If anything our country slid deeper into recession during that period.

Did you know economic “recovery” was the slowest or one of the slowest paces in our history? Perhaps leadership was poor?

Did you know the Republicans controlled the House and Senate in 2015-2017? You know, when the USA demonstrated the greatest economic recovery? In fact, there was little sign of economic recovery until 2012-13ish, which BTW, the Republicans had the majority in the House.

The real estate meltdown began in 2006, with Bush and the Republicans still in charge.

 

[whitehall]

Bill Clinton created the concept that every American should be able to purchase a home regardless of his ability to pay the mortgage. The myth persisted and banks and mortgage lenders were forced to make bad loans or risk federal civil rights litigation. Clinton's people decided to bundle bad loans with good loans and sell the bundle to mortgage lenders as good loans. The democrat party even rewarded political hacks with no show jobs on the Fannie Mae board. The shit hit the fan during Bush's last term when democrats won the majority in both houses and homosexual advocate Barney Frank found himself in charge of the powerful House Banking Committee which had oversight responsibility for Fannie Mae. This is where it gets interesting. As democrats were approaching the presidential election Frank told Americans that Fannie Mae was solvent and doing fine but Fannie went under just in time for the Obama election. There is no doubt that democrats were either profoundly negligent about the Fannie Mae lending policy or they intentionally caused the biggest October surprise in history to get a freaking community agitator elected president and damn the world wide fall out. The criminal enterprise known as the mainstream media wasn't even interested in asking Barney Frank what the hell he was doing.

 

[g5000]

Did you know government policy, banking and an ignorant public led to the economic disaster liberals blame Bush for? You know, the recession Obama “pulled us out of” by doing what, bailouts started under Bush? Incidentally, for those who understand economics, there’s only one opposite direction following economic collapse. Confused?

Do you know when the government policy and banking practices began? You might educate yourself so you don’t look dumb and foolish to those who have a minimal comprehension of history and critical thought.

Did you know the Democrats controlled the House and Senate in 2007-2009? If the government is to blame for the housing crash, how did you manage to avoid blaming Democrats?

Did you know the worst point of the recession occurred on Obama's watch, late 2009? Yeah, that was with a Democrat controlled Senate and House. The Democrats controlled the House, Senate and POUS in 2009-2011. If anything our country slid deeper into recession during that period.

Did you know economic “recovery” was the slowest or one of the slowest paces in our history? Perhaps leadership was poor?

Did you know the Republicans controlled the House and Senate in 2015-2017? You know, when the USA demonstrated the greatest economic recovery? In fact, there was little sign of economic recovery until 2012-13ish, which BTW, the Republicans had the majority in the House.

The real estate meltdown began in 2006, with Bush and the Republicans still in charge.

The meltdown began when all the toxic ARMs and Pick-A-Payment loans made in the five year period prior to 2007 began to reset.

 

[g5000]

Bill Clinton created the concept that every American should be able to purchase a home regardless of his ability to pay the mortgage. The myth persisted and banks and mortgage lenders were forced to make bad loans or risk federal civil rights litigation.

BWA-HA-HA-HA!

I'll tell you what's a myth, dummy. The manufactured bullshit that the banks were forced to make all those toxic loans.

That's a complete lie. A very funny one which immediately exposes the ignorance of those who parrot that lie.

 

[owebo]

Bill Clinton created the concept that every American should be able to purchase a home regardless of his ability to pay the mortgage. The myth persisted and banks and mortgage lenders were forced to make bad loans or risk federal civil rights litigation.

BWA-HA-HA-HA!

I'll tell you what's a myth, dummy. The manufactured bullshit that the banks were forced to make all those toxic loans.

That's a complete lie. A very funny one which immediately exposes the ignorance of those who parrot that lie.

I remember the bank picketers......classic democrat terrorism.....

 

[NYcarbineer]

Bill Clinton created the concept that every American should be able to purchase a home regardless of his ability to pay the mortgage. The myth persisted and banks and mortgage lenders were forced to make bad loans or risk federal civil rights litigation. Clinton's people decided to bundle bad loans with good loans and sell the bundle to mortgage lenders as good loans. The democrat party even rewarded political hacks with no show jobs on the Fannie Mae board. The shit hit the fan during Bush's last term when democrats won the majority in both houses and homosexual advocate Barney Frank found himself in charge of the powerful House Banking Committee which had oversight responsibility for Fannie Mae. This is where it gets interesting. As democrats were approaching the presidential election Frank told Americans that Fannie Mae was solvent and doing fine but Fannie went under just in time for the Obama election. There is no doubt that democrats were either profoundly negligent about the Fannie Mae lending policy or they intentionally caused the biggest October surprise in history to get a freaking community agitator elected president and damn the world wide fall out. The criminal enterprise known as the mainstream media wasn't even interested in asking Barney Frank what the hell he was doing.

President Bush Signs American Dream Downpayment Act of 2003