I'm laughing because dems caused the last housing bubble crash by insisting fannie mae and freddie mac were doing just fine.
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April was best month in history for U.S. budget, according to CBO figures
- Thread starter shockedcanadian
- Start date
I'm laughing because dems caused the last housing bubble crash by insisting fannie mae and freddie mac were doing just fine.
- Feb 22, 2017
- 104,365
- 35,120
- 2,290
Golfing Gator said:It must suck going through life letting other people have that much impact on your life.
Yeah, because a moment of annoyance is the same as 8 years of living an unhappy life.
You people try so hard to play gotcha and still fail.
Funny as hell to watch you flail around
Sent from my iPhone using USMessageBoard.com
NightFox
Wildling
Housing confidence hits record high as home prices skyrocketwhen does it start TRICKLING down?
good----but not actually trickled down ENOUGH------not everyone owns a home.
Uhm...... I have a sense that the strong housing markets is going to lead to
that which caused the BUST of the 70s. ------lots of mortgages, lots of
foreclosures, lots of abandoned properties, lots of squatting-----A REAL MESS
Housing confidence hits record high as home prices skyrocketwhen does it start TRICKLING down?
Hmmmm....how did it turn out the last time housing prices skyrocketed?
Sent from my iPhone using USMessageBoard.com
mortgage rates dropped-----mortgages were granted "willy-nilly"----people
defaulted-----banks got overloaded with PROPERTY----property taxes were
unpaid-----homeless people lined the gutters----property owners fled deteriorating
areas-----BIG MESS. In several big cities------New York City is one
You find It "funny" "heregoesagain" It was TRAGIC ------ you enjoy people dying
of hypothermia in the gutters? You enjoy homeless desperate people turned criminal?
I'm laughing because dems caused the last housing bubble crash by insisting fannie mae and freddie mac were doing just fine.
Er..um... that's not what caused the "last housing bubble crash"....if you're looking for a root cause look no further than irrational exuberance, moral hazard and incompetent central bankers.
" And it's certainly no different today than its ever been. 1637, 1797, 1819, 37, 57, 84, 1901, 07, 29, 1937, 1974, 1987-Jesus, didn't that fuck up me up good-92, 97, 2000 and whatever we want to call this. It's all just the same thing over and over; we can't help ourselves." -- John Tuld, Margin Call
Housing confidence hits record high as home prices skyrocketwhen does it start TRICKLING down?
good----but not actually trickled down ENOUGH------not everyone owns a home.
Uhm...... I have a sense that the strong housing markets is going to lead to
that which caused the BUST of the 70s. ------lots of mortgages, lots of
foreclosures, lots of abandoned properties, lots of squatting-----A REAL MESS
Hmmmm....how did it turn out the last time housing prices skyrocketed?
Sent from my iPhone using USMessageBoard.com
mortgage rates dropped-----mortgages were granted "willy-nilly"----people
defaulted-----banks got overloaded with PROPERTY----property taxes were
unpaid-----homeless people lined the gutters----property owners fled deteriorating
areas-----BIG MESS. In several big cities------New York City is one
You find It "funny" "heregoesagain" It was TRAGIC ------ you enjoy people dying
of hypothermia in the gutters? You enjoy homeless desperate people turned criminal?
I'm laughing because dems caused the last housing bubble crash by insisting fannie mae and freddie mac were doing just fine.
Er..um... that's not what caused the "last housing bubble crash"....if you're looking for a root cause look no further than irrational exuberance, moral hazard and incompetent central bankers.
" And it's certainly no different today than its ever been. 1637, 1797, 1819, 37, 57, 84, 1901, 07, 29, 1937, 1974, 1987-Jesus, didn't that fuck up me up good-92, 97, 2000 and whatever we want to call this. It's all just the same thing over and over; we can't help ourselves." -- John Tuld, Margin Call
https://www.usnews.com/opinion/blog...rats-were-wrong-on-fannie-mae-and-freddie-mac
NightFox
Wildling
Er.... that wasn't a "gotcha" , that was a reminder from yourself not to let the clueless clowns around here get you worked up to the level of "hate" ....
Golfing Gator said:It must suck going through life letting other people have that much impact on your life.
Yeah, because a moment of annoyance is the same as 8 years of living an unhappy life.
You people try so hard to play gotcha and still fail.
Unfortunately I forgot ...
You're one of them.
NightFox
Wildling
good----but not actually trickled down ENOUGH------not everyone owns a home.
Uhm...... I have a sense that the strong housing markets is going to lead to
that which caused the BUST of the 70s. ------lots of mortgages, lots of
foreclosures, lots of abandoned properties, lots of squatting-----A REAL MESS
Hmmmm....how did it turn out the last time housing prices skyrocketed?
Sent from my iPhone using USMessageBoard.com
mortgage rates dropped-----mortgages were granted "willy-nilly"----people
defaulted-----banks got overloaded with PROPERTY----property taxes were
unpaid-----homeless people lined the gutters----property owners fled deteriorating
areas-----BIG MESS. In several big cities------New York City is one
You find It "funny" "heregoesagain" It was TRAGIC ------ you enjoy people dying
of hypothermia in the gutters? You enjoy homeless desperate people turned criminal?
I'm laughing because dems caused the last housing bubble crash by insisting fannie mae and freddie mac were doing just fine.
Er..um... that's not what caused the "last housing bubble crash"....if you're looking for a root cause look no further than irrational exuberance, moral hazard and incompetent central bankers.
" And it's certainly no different today than its ever been. 1637, 1797, 1819, 37, 57, 84, 1901, 07, 29, 1937, 1974, 1987-Jesus, didn't that fuck up me up good-92, 97, 2000 and whatever we want to call this. It's all just the same thing over and over; we can't help ourselves." -- John Tuld, Margin Call
https://www.usnews.com/opinion/blog...rats-were-wrong-on-fannie-mae-and-freddie-mac
Is that supposed to mean something .. ? The fact that some Democratic Politicians were wrong regarding the financial health of Fannie and Freddie doesn't mean that they're root cause for the 2008 financial crisis, heck a lot of Republicans and "Independents" were wrong regarding that subject too, including the dickheads running the Federal Reserve and the U.S. Treasury Department.
good----but not actually trickled down ENOUGH------not everyone owns a home.
Uhm...... I have a sense that the strong housing markets is going to lead to
that which caused the BUST of the 70s. ------lots of mortgages, lots of
foreclosures, lots of abandoned properties, lots of squatting-----A REAL MESS
mortgage rates dropped-----mortgages were granted "willy-nilly"----people
defaulted-----banks got overloaded with PROPERTY----property taxes were
unpaid-----homeless people lined the gutters----property owners fled deteriorating
areas-----BIG MESS. In several big cities------New York City is one
You find It "funny" "heregoesagain" It was TRAGIC ------ you enjoy people dying
of hypothermia in the gutters? You enjoy homeless desperate people turned criminal?
I'm laughing because dems caused the last housing bubble crash by insisting fannie mae and freddie mac were doing just fine.
Er..um... that's not what caused the "last housing bubble crash"....if you're looking for a root cause look no further than irrational exuberance, moral hazard and incompetent central bankers.
" And it's certainly no different today than its ever been. 1637, 1797, 1819, 37, 57, 84, 1901, 07, 29, 1937, 1974, 1987-Jesus, didn't that fuck up me up good-92, 97, 2000 and whatever we want to call this. It's all just the same thing over and over; we can't help ourselves." -- John Tuld, Margin Call
https://www.usnews.com/opinion/blog...rats-were-wrong-on-fannie-mae-and-freddie-mac
Is that supposed to mean something .. ? The fact that some Democratic Politicians were wrong regarding the financial health of Fannie and Freddie doesn't mean that they're root cause for the 2008 financial crisis, heck a lot of Republicans and "Independents" were wrong regarding that subject too, including the dickheads running the Federal Reserve and the U.S. Treasury Department.
Barney Frank was warned repeatedly about the coming implosion.
- Dec 18, 2013
- 136,384
- 27,912
- 2,180
I understand what Nightfox is saying, but over seeing them was Barney and he never reined them in.You find It "funny" "heregoesagain" It was TRAGIC ------ you enjoy people dying
of hypothermia in the gutters? You enjoy homeless desperate people turned criminal?
I'm laughing because dems caused the last housing bubble crash by insisting fannie mae and freddie mac were doing just fine.
Er..um... that's not what caused the "last housing bubble crash"....if you're looking for a root cause look no further than irrational exuberance, moral hazard and incompetent central bankers.
" And it's certainly no different today than its ever been. 1637, 1797, 1819, 37, 57, 84, 1901, 07, 29, 1937, 1974, 1987-Jesus, didn't that fuck up me up good-92, 97, 2000 and whatever we want to call this. It's all just the same thing over and over; we can't help ourselves." -- John Tuld, Margin Call
https://www.usnews.com/opinion/blog...rats-were-wrong-on-fannie-mae-and-freddie-mac
Is that supposed to mean something .. ? The fact that some Democratic Politicians were wrong regarding the financial health of Fannie and Freddie doesn't mean that they're root cause for the 2008 financial crisis, heck a lot of Republicans and "Independents" were wrong regarding that subject too, including the dickheads running the Federal Reserve and the U.S. Treasury Department.
Barney Frank was warned repeatedly about the coming implosion.
I understand what Nightfox is saying, but over seeing them was Barney and he never reined them in.I'm laughing because dems caused the last housing bubble crash by insisting fannie mae and freddie mac were doing just fine.
Er..um... that's not what caused the "last housing bubble crash"....if you're looking for a root cause look no further than irrational exuberance, moral hazard and incompetent central bankers.
" And it's certainly no different today than its ever been. 1637, 1797, 1819, 37, 57, 84, 1901, 07, 29, 1937, 1974, 1987-Jesus, didn't that fuck up me up good-92, 97, 2000 and whatever we want to call this. It's all just the same thing over and over; we can't help ourselves." -- John Tuld, Margin Call
https://www.usnews.com/opinion/blog...rats-were-wrong-on-fannie-mae-and-freddie-mac
Is that supposed to mean something .. ? The fact that some Democratic Politicians were wrong regarding the financial health of Fannie and Freddie doesn't mean that they're root cause for the 2008 financial crisis, heck a lot of Republicans and "Independents" were wrong regarding that subject too, including the dickheads running the Federal Reserve and the U.S. Treasury Department.
Barney Frank was warned repeatedly about the coming implosion.
Sold my Father in laws house under the program.
They foreclosed on em in 6 months.
The guy had no business buying that house with his income.
NightFox
Wildling
You find It "funny" "heregoesagain" It was TRAGIC ------ you enjoy people dying
of hypothermia in the gutters? You enjoy homeless desperate people turned criminal?
I'm laughing because dems caused the last housing bubble crash by insisting fannie mae and freddie mac were doing just fine.
Er..um... that's not what caused the "last housing bubble crash"....if you're looking for a root cause look no further than irrational exuberance, moral hazard and incompetent central bankers.
" And it's certainly no different today than its ever been. 1637, 1797, 1819, 37, 57, 84, 1901, 07, 29, 1937, 1974, 1987-Jesus, didn't that fuck up me up good-92, 97, 2000 and whatever we want to call this. It's all just the same thing over and over; we can't help ourselves." -- John Tuld, Margin Call
https://www.usnews.com/opinion/blog...rats-were-wrong-on-fannie-mae-and-freddie-mac
Is that supposed to mean something .. ? The fact that some Democratic Politicians were wrong regarding the financial health of Fannie and Freddie doesn't mean that they're root cause for the 2008 financial crisis, heck a lot of Republicans and "Independents" were wrong regarding that subject too, including the dickheads running the Federal Reserve and the U.S. Treasury Department.
Barney Frank was warned repeatedly about the coming implosion.
Yeah and? Barney Frank is a moron but there were a lot of other morons of both the "R" & "D" sub-species that were repeatedly warned about the risks to Fannie and Freddie due to their exposure to the reckless speculation going on in the Wall Street Derivatives Casino, doesn't mean they're the root cause of it.
I'm laughing because dems caused the last housing bubble crash by insisting fannie mae and freddie mac were doing just fine.
Er..um... that's not what caused the "last housing bubble crash"....if you're looking for a root cause look no further than irrational exuberance, moral hazard and incompetent central bankers.
" And it's certainly no different today than its ever been. 1637, 1797, 1819, 37, 57, 84, 1901, 07, 29, 1937, 1974, 1987-Jesus, didn't that fuck up me up good-92, 97, 2000 and whatever we want to call this. It's all just the same thing over and over; we can't help ourselves." -- John Tuld, Margin Call
https://www.usnews.com/opinion/blog...rats-were-wrong-on-fannie-mae-and-freddie-mac
Is that supposed to mean something .. ? The fact that some Democratic Politicians were wrong regarding the financial health of Fannie and Freddie doesn't mean that they're root cause for the 2008 financial crisis, heck a lot of Republicans and "Independents" were wrong regarding that subject too, including the dickheads running the Federal Reserve and the U.S. Treasury Department.
Barney Frank was warned repeatedly about the coming implosion.
Yeah and? Barney Frank is a moron but there were a lot of other morons of both the "R" & "D" sub-species that were repeatedly warned about the risks to Fannie and Freddie due to their exposure to the reckless speculation going on in the Wall Street Derivatives Casino, doesn't mean they're the root cause of it.
They could have limited the damage had Barney listened.
"The Tax Cut Will Decimate Government Income! Balloon the National Debt."
So claimed the DimocRATs when it was passed into law. They also whined that it would hurt individual taxpayers and cause the National Debt to soar - Ignoring the gigantic rise under Obama.
But it isn't quite working ot that way.
U.S. Budget Just Made History: Best Month Ever
In April, the federal government took in a record sum of $515 billion in taxes, according to a newly released Congressional Budget Office report. During that time, we spent $297 billion. Yes, you read that correctly: We actually took in more than we spent — a lot more. That $218 billion surplus is, in fact, a new record, beating the previous record set back in 2001 ($190 billion) by $28 billion.
As The Washington Times points out, the surplus surprised CBO analysts, who were predicting about $40 billion less, though some of that has to do with a shift in timing of payments. In its report, the CBO suggests that the unexpectedly high tax revenues was a result of "stronger-than-expected" economic growth last year and in early 2018.
"Those payments were mostly related to economic activity in 2017 and may reflect stronger-than-expected income growth in that year," reads the summary. "Part of the strength in receipts also may reflect larger-than-anticipated payments for economic activity in 2018. The reasons for the added revenues will be better understood as more detailed information becomes available later this year."
More of this bad news for the DimocRATs @ U.S. Budget Just Made History: Best Month Ever
So claimed the DimocRATs when it was passed into law. They also whined that it would hurt individual taxpayers and cause the National Debt to soar - Ignoring the gigantic rise under Obama.
But it isn't quite working ot that way.
U.S. Budget Just Made History: Best Month Ever
In April, the federal government took in a record sum of $515 billion in taxes, according to a newly released Congressional Budget Office report. During that time, we spent $297 billion. Yes, you read that correctly: We actually took in more than we spent — a lot more. That $218 billion surplus is, in fact, a new record, beating the previous record set back in 2001 ($190 billion) by $28 billion.
As The Washington Times points out, the surplus surprised CBO analysts, who were predicting about $40 billion less, though some of that has to do with a shift in timing of payments. In its report, the CBO suggests that the unexpectedly high tax revenues was a result of "stronger-than-expected" economic growth last year and in early 2018.
"Those payments were mostly related to economic activity in 2017 and may reflect stronger-than-expected income growth in that year," reads the summary. "Part of the strength in receipts also may reflect larger-than-anticipated payments for economic activity in 2018. The reasons for the added revenues will be better understood as more detailed information becomes available later this year."
More of this bad news for the DimocRATs @ U.S. Budget Just Made History: Best Month Ever
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