Did Republicans deliberately crash the US economy?

[courseofhistory]

Did Republicans deliberately crash the US economy?

Be it ideology or stratagem, the GOP has blocked pro-growth policy and backed job-killing austerity – all while blaming Obama

Why has job creation in America slowed to a crawl? Why, after several months of economic hope, are things suddenly turning sour? The culprits might seem obvious – uncertainty in Europe, an uneven economic recovery, fiscal and monetary policymakers immobilized and incapable of acting. But increasingly, Democrats are making the argument that the real culprit for the country's economic woes lies in a more discrete location: with the Republican Party.

In recent days, Democrats have started coming out and saying publicly what many have been mumbling privately for years – Republicans are so intent on defeating President Obama for re-election that they are purposely sabotaging the country's economic recovery. These charges are now being levied by Democrats such as Senate majority leader Harry Reid and Obama's key political adviser, David Axelrod.

 

[ScienceRocks]

Did the republicans fuck up the housing sector and the banking industry?

 

[Black_Label]

Did the republicans fuck up the housing sector and the banking industry?

Big time, and idiots still support them.

 

[Lakhota]

The Absurd Zombie Lie About the Economy Right-Wingers Desperately Cling To -- And Why It's Totally Wrong | Alternet

 

[Lakhota]

Conservatives want to "starve the beast"...

Actually, defense is the beast that should be starved - not social programs.

 

[BallsBrunswick]

I think it's more they deregulated the banking industry and completely gangfucked the economy in order to line their pockets and piss on the little people. The destruction of the economy was more an unforeseen consequence of their greed. And as evil as the Republicans are the Democrats deserve blame for being their willing prison bitch through much of the GWB administration and not being tough enough during the Obama Administration.

What really annoys me about the right wing of this country aside from their unbelievable ignorance is there's a whole litany of things to nail Obama and the Democrats on but they choose utterly the most retarded arguments and things to bitch about.

 

[Mr. Shaman]

Did Republicans deliberately crash the US economy?

It wouldn't be the first time.....​

MAY 1, 2003

Talking-Down The Economy​

"The President keeps talking about the economy being 'bad.' Now, things don't seem bad, but let's just hold off on any new hires until we see how this pans out. And, let's hold off on all non-vital purchases, just for the time being."

 

[Mr. Shaman]

Did the republicans fuck up the housing sector and the banking industry?

Yep!!!


[ame=http://www.youtube.com/watch?v=rKKvMJeBBSA]Q&A: Leslie & Andrew Cockburn - YouTube[/ame]

See: 5:00 thru 12:00





[ame]www.youtube.com/watch?v=tEEvVd2CPlM[/ame]
*
​

 

[beretta304]

US columnist Michael A Cohen is author of Live from the Campaign Trail: The Greatest Presidential Campaign Speeches of the 20th Century and How They Shaped Modern America. He's a fellow of the Century Foundation

The Century Foundation is an American progressive think tank.


No bias there.

 

[Claudette]

The Reps crashed the economy on purpose?


Good Lord. What a load of bs. The economy was crashed through the combined efforts of the Clowns in congress. Both parties.

The Clowns we elect to represent we the people. The Clowns who voted themselves some pretty nice perks at the expense of we the people.

The Clowns who really could care less about we the people as proven by the lack of spending cuts.

The Clowns who think money grows on a tree and will always be there for them to spend, spend and then spend some more.

The Clowns who that budget is just a word.

If you want to blame anyone for the meltdown then blame the appropriate people. The Congress full of Clowns who hold the nations pursestrings. Both parties.

 

[Mr. Shaman]

I think it's more they deregulated the banking industry and completely gangfucked the economy in order to line their pockets and piss on the little people. The destruction of the economy was more an unforeseen consequence of their greed.

Bingo!!!!​

 

[waltky]

Granny says, "It wharn't just the Republicans...

... it was dem rich Wall St. bankers...

... dat outsourcin' our jobs...

... an' not payin' dey's fair share o' taxes...

... an' politicians on both sides o' the aisle...

... where's Sheryl Crow when ya need her?...

... she oughta be singin' a song `bout dat."

 

[Mr. Shaman]

The Reps crashed the economy on purpose?


Good Lord. What a load of bs. The economy was crashed through the combined efforts of the Clowns in congress. Both parties.

The Clowns we elect to represent we the people. The Clowns who voted themselves some pretty nice perks at the expense of we the people.

The Clowns who really could care less about we the people as proven by the lack of spending cuts.

The Clowns who think money grows on a tree and will always be there for them to spend, spend and then spend some more.

The Clowns who that budget is just a word.

If you want to blame anyone for the meltdown then blame the appropriate people. The Congress full of Clowns who hold the nations pursestrings. Both parties.

Gee.....how "specific".

 

[bigrebnc1775]

Did Republicans deliberately crash the US economy?

Be it ideology or stratagem, the GOP has blocked pro-growth policy and backed job-killing austerity – all while blaming Obama

Why has job creation in America slowed to a crawl? Why, after several months of economic hope, are things suddenly turning sour? The culprits might seem obvious – uncertainty in Europe, an uneven economic recovery, fiscal and monetary policymakers immobilized and incapable of acting. But increasingly, Democrats are making the argument that the real culprit for the country's economic woes lies in a more discrete location: with the Republican Party.

In recent days, Democrats have started coming out and saying publicly what many have been mumbling privately for years – Republicans are so intent on defeating President Obama for re-election that they are purposely sabotaging the country's economic recovery. These charges are now being levied by Democrats such as Senate majority leader Harry Reid and Obama's key political adviser, David Axelrod.

Freddy and Fanny are not Republican pet projects they are democrats. democrats want a welfare state.
Dumb you're a fucking stupid son of a bitch.

 

[editec]

Did Republicans deliberately crash the US economy?

Be it ideology or stratagem, the GOP has blocked pro-growth policy and backed job-killing austerity – all while blaming Obama

Why has job creation in America slowed to a crawl? Why, after several months of economic hope, are things suddenly turning sour? The culprits might seem obvious – uncertainty in Europe, an uneven economic recovery, fiscal and monetary policymakers immobilized and incapable of acting. But increasingly, Democrats are making the argument that the real culprit for the country's economic woes lies in a more discrete location: with the Republican Party.

In recent days, Democrats have started coming out and saying publicly what many have been mumbling privately for years – Republicans are so intent on defeating President Obama for re-election that they are purposely sabotaging the country's economic recovery. These charges are now being levied by Democrats such as Senate majority leader Harry Reid and Obama's key political adviser, David Axelrod.

Not really.

Blowing up the economy took BOTH PARTIES.

The DEMS are not much less responsible for this mess than the Republicans.


If you don't know that by now, you clearly don't understand what happened to the economy.

Turn off your TVs and start reading kids.

 

[bigrebnc1775]

I think it's more they deregulated the banking industry and completely gangfucked the economy in order to line their pockets and piss on the little people. The destruction of the economy was more an unforeseen consequence of their greed. And as evil as the Republicans are the Democrats deserve blame for being their willing prison bitch through much of the GWB administration and not being tough enough during the Obama Administration.

What really annoys me about the right wing of this country aside from their unbelievable ignorance is there's a whole litany of things to nail Obama and the Democrats on but they choose utterly the most retarded arguments and things to bitch about.

Franks Stopped Bush in 03 to regulate Fannie Mae 17 times!
Franks Stopped Bush in 03 to regulate Fannie Mae 17 times!

Housing Bubble, Financial Crisis – What Happened, Who is Responsible
“I don’t mind cleaning up the mess that some other folks made, that’s what I signed up to do” – Barack Obama (D-IL), October 20, 2009

“I think that the responsibility that the Democrats had may rest more in resisting any efforts by Republicans in the Congress, or by me when I was President, to put some standards and tighten up a little on Fannie Mae and Freddie Mac.” – Former President Bill Clinton (D-AR), September 25, 2008

“Like a lot of my Democratic colleagues I was too slow to appreciate the recklessness of Fannie and Freddie. I defended their efforts to encourage affordable homeownership when in retrospect I should have heeded the concerns raised by their regulator in 2004. Frankly, I wish my Democratic colleagues would admit when it comes to Fannie and Freddie, we were wrong.” – Congressman Artur Davis (D-AL) , September 30, 2008

————-

President Obama is using the financial crisis to make Americans doubt themselves, their values, and the very system they had believed enabled their specialness. In the vacuum of this doubt, he is moving his agenda to radically alter the fiber of what it means to be American. – TJ Hancock (American)

 

[Mr. Shaman]

Did Republicans deliberately crash the US economy?

Be it ideology or stratagem, the GOP has blocked pro-growth policy and backed job-killing austerity – all while blaming Obama

Why has job creation in America slowed to a crawl? Why, after several months of economic hope, are things suddenly turning sour? The culprits might seem obvious – uncertainty in Europe, an uneven economic recovery, fiscal and monetary policymakers immobilized and incapable of acting. But increasingly, Democrats are making the argument that the real culprit for the country's economic woes lies in a more discrete location: with the Republican Party.

In recent days, Democrats have started coming out and saying publicly what many have been mumbling privately for years – Republicans are so intent on defeating President Obama for re-election that they are purposely sabotaging the country's economic recovery. These charges are now being levied by Democrats such as Senate majority leader Harry Reid and Obama's key political adviser, David Axelrod.

Not really.

Blowing up the economy took BOTH PARTIES.

The DEMS are not much less responsible for this mess than the Republicans.


If you don't know that by now, you clearly don't understand what happened to the economy.

Turn off your TVs and start reading kids.

BullSHIT!!!!

Power, Money & WALL $TREET

(When "conservatives" raped our economy.)

 

[mudwhistle]

The Reps crashed the economy on purpose?


Good Lord. What a load of bs. The economy was crashed through the combined efforts of the Clowns in congress. Both parties.

The Clowns we elect to represent we the people. The Clowns who voted themselves some pretty nice perks at the expense of we the people.

The Clowns who really could care less about we the people as proven by the lack of spending cuts.

The Clowns who think money grows on a tree and will always be there for them to spend, spend and then spend some more.

The Clowns who that budget is just a word.

If you want to blame anyone for the meltdown then blame the appropriate people. The Congress full of Clowns who hold the nations pursestrings. Both parties.

Community organizers brought lawsuits against banks claiming discrimination against minority borrowers. The result, banks were forced to lend to unqualified borrowers allowing people with no down-payment, poor credit, and no ability to repay loans into homes they couldn't afford.

There was a big push by politicians to get everyone into housing toward the end of the 90s. Claims of racism was thrown around. It caused a bubble that burst when all of those sub-prime loans switched from lower fixed rates to more expensive adjustable rates. Many of the people that got those loans true to form walked away from them and refused to pay leaving banks holding a note and having to sell it for a reduced price. Many of these foreclosures are still out there.

The architects of this are in government today and benefited from the collapse yet they still blame it all on Bush today.

Links

Obama pushed banks to give subprime loans to Chicago blacks | The Daily Caller

Anyone Remember Obama Suing Banks to Give Subprime Loans to African-Americans in Chicago? « Scotty Starnes's Blog

 

[Mr. Shaman]

The Reps crashed the economy on purpose?


Good Lord. What a load of bs. The economy was crashed through the combined efforts of the Clowns in congress. Both parties.

The Clowns we elect to represent we the people. The Clowns who voted themselves some pretty nice perks at the expense of we the people.

The Clowns who really could care less about we the people as proven by the lack of spending cuts.

The Clowns who think money grows on a tree and will always be there for them to spend, spend and then spend some more.

The Clowns who that budget is just a word.

If you want to blame anyone for the meltdown then blame the appropriate people. The Congress full of Clowns who hold the nations pursestrings. Both parties.

Community organizers brought lawsuits against banks claiming discrimination against minority borrowers. The result, banks were forced to lend to unqualified borrowers allowing people with no down-payment, poor credit, and no ability to repay loans into homes they couldn't afford.

Too late, Mudd Butt.

"American Casino" disproved ALL-of-that!!!

[ame=http://www.youtube.com/watch?v=VcJ4sjgtIR0]American Casino - YouTube[/ame]​

 

[KissMy]

Conservatives want to "starve the beast"...

Actually, defense is the beast that should be starved - not social programs.

Our defense is the government jobs that you idiots keep pining over. Social programs are paying people not to work.

Governments roll is to defend this country, maintain maximum employment of the able work force for the advancement of our citizens & country, maintain order, protect us & our assets, keep the distribution of earnings & goods fare for the general welfare of the citizens.

Government's roll is not to pay the workforce to sit on their ass & keep voting democrat.