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I have a terrific tropical beach to sell you in Iceland.
The amount of your knowledge in what caused the 2008 collapse could fit into a miniature thimble...with room to spare.
How do you function with such a simple mind?
Have you ever heard of President Clinton? Are you aware that he absolutely continued deregulation?? Are you aware that it was during his 8 years that the great "migration" of banks took place?? That during the Clinton years is when companies like Morgan Stanley, CitiGroup, AIG etc. etc. - became enormous empires???
By the time George Bush became president - everything was already in place.
Not to say all of this is Clintons fault either..btw.
I don't think you understand so I'll offer this. Notwithstanding anything done by Presidents Wilson, FDR, Nixon/Ford, Carter, Reagan, Bush I or Clinton, the shit hit the fan on the watch of George W. Bush. GWB invaded Iraq, a war of choice and did not include its cost on budget; he cut taxes twice and has acknowledeged the housing bubble was on his radar as early as 2006. What part of on his watch do you refuse to acknowledge?
What part of your brain does not function?
The housing bubble was created in the 1990's not the 2000's.
Systematically - every single policy and deregulation occurred BEFORE Bush became President. You are either ignorant of that fact - or - and more likely - you choose to ignore it.
No it wont. The ones going into such debt usually have insurance. Thats why they get so far into debt. That and the fact they have insurance disqualifies them from the assistance the poor get.
You have gotten yourself deeply invested in the idea that there's no health care problem in the US. You vastly overestimate private charity and free clinic resources.
Some sick people have crappy insurance, and others have no insurance at all. Others exceed their maximum caps, or they can't pay their portion of the bills after insurance pays. Regardless, your idea that you're better off with no insurance because then you can get charity is just
I don't think you understand so I'll offer this. Notwithstanding anything done by Presidents Wilson, FDR, Nixon/Ford, Carter, Reagan, Bush I or Clinton, the shit hit the fan on the watch of George W. Bush. GWB invaded Iraq, a war of choice and did not include its cost on budget; he cut taxes twice and has acknowledeged the housing bubble was on his radar as early as 2006. What part of on his watch do you refuse to acknowledge?
What part of your brain does not function?
The housing bubble was created in the 1990's not the 2000's.
Systematically - every single policy and deregulation occurred BEFORE Bush became President. You are either ignorant of that fact - or - and more likely - you choose to ignore it.
No, Bush chose to ignore it. The bubble burst on his watch. BTW, my brain functions quite well, we may disagree but the fact that you continue to post, "What part of your brain does not function", type comments is evidence your argument is weak and you're a coward.
I don't think you understand so I'll offer this. Notwithstanding anything done by Presidents Wilson, FDR, Nixon/Ford, Carter, Reagan, Bush I or Clinton, the shit hit the fan on the watch of George W. Bush. GWB invaded Iraq, a war of choice and did not include its cost on budget; he cut taxes twice and has acknowledeged the housing bubble was on his radar as early as 2006. What part of on his watch do you refuse to acknowledge?
What part of your brain does not function?
The housing bubble was created in the 1990's not the 2000's.
Systematically - every single policy and deregulation occurred BEFORE Bush became President. You are either ignorant of that fact - or - and more likely - you choose to ignore it.
No, Bush chose to ignore it. The bubble burst on his watch. BTW, my brain functions quite well, we may disagree but the fact that you continue to post, "What part of your brain does not function", type comments is evidence your argument is weak and you're a coward.
I never said you would be better off. I said that poor people not having access is a lie. Just like saying the poor starve here is a lie. The ones getting screwed are the ones that fit into or around that middle class everyone likes to talk about. Its better to have insurance, but even then that's no guarantee you are in the clear. Whats coming in 2014 will make it worse.
What you are saying is that health care in the form of charity is worse then no health care at all. Tell that to the Shriner kids.
I do agree that health care needs to be fixed. The cost needs to come down. but even as messed up as it is, I would rather have cancer here then anywhere else in the world.
Now...let's address your bullshit-lying title.
Nowhere does the Census data show there is 50% of Americans in poverty.
Just because the article says it does, that doesn't make it true.
This is, what, my 4th time asking for your evidence of this claim.
And by the way Wry....you didn't answer a single question I asked.
You addressed not one point.
And you won't now either.
I don't think you understand so I'll offer this. Notwithstanding anything done by Presidents Wilson, FDR, Nixon/Ford, Carter, Reagan, Bush I or Clinton, the shit hit the fan on the watch of George W. Bush. GWB invaded Iraq, a war of choice and did not include its cost on budget; he cut taxes twice and has acknowledeged the housing bubble was on his radar as early as 2006. What part of on his watch do you refuse to acknowledge?
What part of your brain does not function?
That would imply that some part of Wrybaby's brain DOES function.
Simply reading the title of this absurd thread is enough to convince me that wry's brain doesn't exist.
What part of your brain does not function?
The housing bubble was created in the 1990's not the 2000's.
Systematically - every single policy and deregulation occurred BEFORE Bush became President. You are either ignorant of that fact - or - and more likely - you choose to ignore it.
No, Bush chose to ignore it. The bubble burst on his watch. BTW, my brain functions quite well, we may disagree but the fact that you continue to post, "What part of your brain does not function", type comments is evidence your argument is weak and you're a coward.
Then just answer the questions that I asked.
Comment on the points I raised.
Prove that YOU are not the coward.
I do not expect you will address any of them. In fact I guarantee it.
You don't have the courage to educate yourself on why this happened.
To do so would force you to admit that your Boooosh...Boooosh ranting is just that - ranting.
Bush Jr. on nearly every level was a lousy President. And that certainly includes economics. Having said that - Obama is Bush II concerning economics. Not one single piece of legislation has been passed since he took office that addresses specifically what caused the crash.
What caused the crash - is still in full operation today. 100%.
And all of the architects of the whole criminal empire - are still in power - and are still cabinet members of Obama's administration.
The question is - do you have the integrity and intelligence to admit it?
And by the way Wry....you didn't answer a single question I asked.
You addressed not one point.
And you won't now either.
I must have missed your question(s). Please ask again and I'll address same from my POV.
It takes a nation to create wealth. It is the sweat and energy expended by everyone to create it. Everyone should share and be part of it. The small group that think they are entitled to 90% of it is rediculus. Except for the few that honestly earn it, the rest are criminals that set up systems to take it from everyone else.
Hoarding wealth serves no one but the ego of the person or institute that lays claim to it.
If you choke off the middle and lower class from this wealth, you ultimately cut your own throat. Poor people don't buy products. Poor people don't invest. Poor people don't have the opportunity to give their kids a good education. A poorly educated nation can't compete. What goes around will come around to the wealthy in terms of financial collapse. And the bigger you are the harder you will fall.
Apparently no one grasped the magnitude.
That belief is very popular these days, and my bet is that it's no coincidence that wealth is not being created in America. It's being lost, and in the past three months alone America has lost two and a half trillion dollars of riches. If everyone shared that loss then every man, woman, and child would be out over eight thousand bucks.
And by the way Wry....you didn't answer a single question I asked.
You addressed not one point.
And you won't now either.
I must have missed your question(s). Please ask again and I'll address same from my POV.
Whatever...you can't go back to the previous page and look for yourself...you reserve to "retype them and I'll look".
As for the Wall Street reform act - didn't do a Goddamn thing. And Boehner? he is a paid off shrill just like Pelosi...only difference is he is a Republican shrill.
BOTH Pelosi and Boehner took part of insideer information that gave them $millions to look the other way - and continue to look the other way.
1) All of the major players of the crash of 2008 - all of them - made $100's millions of dollars ripping off investors - PERIOD. And not one of them went to jail for it - and not one of them had to personally pay $.01 in fines. And most of them are still working at the same company.
2) Proven in open court all five of the major finiancial institutions and credit rating companies were found to be guilty of fraud and missuse of company funds and violating investor trust. They all paid multi-$million fines. The investors they took - lost everything - they paid $100 million fines - but they made $10's billions in profits.....ALL five are still operating today. And not one employee went to jail. Not one.
3) Larry Summers as Sec. of Treasury under Clinton, together with Fed Chairman Alan Greenspan after learning that the SEC was reporting to the FBI concerns about the derivative market. The derivative market at the time accounted for 35% of the entire system. These two and three Republican congressman devised and past a bill that PROHIBITED THE SEC FROM HAVING ANY JURISDICTION OVER THIS MARKET. That's right - the SEC could no longer even investigate 35% of the stock market. - LOOK IT UP WRY.
4) Larry Summers is Obama's chief financial advisor as the director of the White House Economic Counsel. Larry Summers within one year of devising this legislation made I believe it was $50 million in the derivative market...and then was hired by Obama as his advisor.
Learn. Educate yourself.
That belief is very popular these days, and my bet is that it's no coincidence that wealth is not being created in America. It's being lost, and in the past three months alone America has lost two and a half trillion dollars of riches. If everyone shared that loss then every man, woman, and child would be out over eight thousand bucks.
Our choice is we can either have each and every household to cough up 25 grand every three months, or we can accept the fact that we're all different.
No blame attached, no finger pointing and no need to play the partisan hack post.
Census shows 1 in 2 people are poor or low-income - Yahoo! Finance
Comment?
I must have missed your question(s). Please ask again and I'll address same from my POV.
