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2014.......US Economy Kicks Ass
- Thread starter LoneLaugher
- Start date
I think we might....might just be starting to recover.
But we have not learned from past mistakes.
Looks like we are going back to bad practices of granting loans to people
to buy a house with little or no money down....
Do we really want to go down this road again?
But we have not learned from past mistakes.
Looks like we are going back to bad practices of granting loans to people
to buy a house with little or no money down....
Do we really want to go down this road again?
And as far as kicking ass....
I think it's way too early to tell.
I think it's way too early to tell.
ScienceRocks
Democrat all the way!
- Banned
- #4
Maybe we could start competing with china again when we start investing in science, r&d and infrastructure a lot more!
ScienceRocks
Democrat all the way!
- Banned
- #5
China is building 30 nuke plants over the next 8 years. 
On top of the renewables!
On top of the renewables!
TakeAStepBack
Gold Member
- Mar 29, 2011
- 13,935
- 1,742
- 245
Derideo_Te
Je Suis Charlie
- Mar 2, 2013
- 20,461
- 7,961
- 360
Looks like we are going back to bad practices of granting loans to people
to buy a house with little or no money down....
Looks like we are going back to bad practices of granting loans to people
to buy a house with little or no money down....
Like this...
U.S. Regulators Agree to Go Easier on Mortgage-Lending Rules - WSJ
Derideo_Te
Je Suis Charlie
- Mar 2, 2013
- 20,461
- 7,961
- 360
Looks like we are going back to bad practices of granting loans to people
to buy a house with little or no money down....
Like this...
U.S. Regulators Agree to Go Easier on Mortgage-Lending Rules - WSJ
Which part of the term "high-quality mortgage" don't you understand?
On Tuesday, regulators moved to ease a rule that critics said could further damp the private mortgage-backed securities market. Under a requirement of the 2010 Dodd-Frank law, regulators originally proposed that banks either have “skin in the game” and hold 5% of the risk from the mortgages they package into securities and sell to investors—or require that borrowers make a 20% down payment to get a loan.
Regulators on Tuesday backed away from the 20% down payment, with officials saying they were sensitive to mortgage-industry concerns about the health of the U.S. housing market and didn’t want to add an extra layer of complexity that could constrain lending. Lenders can avoid holding 5% of the risk as long as they verify a borrower’s ability to repay the loan and ensure their debt-to-income doesn’t exceed 43%.
Regulators on Tuesday backed away from the 20% down payment, with officials saying they were sensitive to mortgage-industry concerns about the health of the U.S. housing market and didn’t want to add an extra layer of complexity that could constrain lending. Lenders can avoid holding 5% of the risk as long as they verify a borrower’s ability to repay the loan and ensure their debt-to-income doesn’t exceed 43%.
LoneLaugher
Diamond Member
- Thread starter
- #11
Neil Irwin. Sentier Research. August. Fail.
Did you see the chart in that article? Didja?
Idiot.
Did you see the chart in that article? Didja?
Idiot.
Mr. H.
Diamond Member
Both consumer confidence and CEO confidence are down. Why is yours up?
william the wie
Gold Member
- Nov 18, 2009
- 16,667
- 2,402
- 280
The US is best of the worst of the G20 but that doesn't mean much given the state of the world.
- Sep 14, 2011
- 63,931
- 9,965
- 2,040
Thank you Mr President.
Too bad we have the Repubs working against our economic recovery from the bush recession.
Too bad we have the Repubs working against our economic recovery from the bush recession.
- Aug 10, 2009
- 168,037
- 16,519
- 2,165
TakeAStepBack
Gold Member
- Mar 29, 2011
- 13,935
- 1,742
- 245
"In 2014 US economy showed increasing resilience - US News"
Much to the unwarranted frustration of conservatives.
Much to the unwarranted frustration of conservatives.
TakeAStepBack
Gold Member
- Mar 29, 2011
- 13,935
- 1,742
- 245
Sycophants are really creepy giving all of the credit to one man. It's like those kool aid cultists who believe that the man that leads them is on par with, or omnipotent like a deity.
LoneLaugher
Diamond Member
- Thread starter
- #19
Both consumer confidence and CEO confidence are down. Why is yours up?
Not true. Does it give you a chubby anyway?
Mr. H.
Diamond Member
Makes me see you for the fool that you are.Both consumer confidence and CEO confidence are down. Why is yours up?
Not true. Does it give you a chubby anyway?
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