did republicans deliberatly crash the economy

[Truthmatters]

Because they wanted it to crash

 

[bigrebnc1775]

Gee why did they hold them up right up until AFTER the economic crash?

obama and the obamacare supporters (THE DEMOCRATS) had the motive to destroy the economy more than anyone else.
Who controlled congress when the crash happened?

 

[bigrebnc1775]

Because they wanted it to crash

Yes that's right obama and the obamacare supporters had the motive to destroy the economy more than anyone else.
Who controlled congress when the crash happened?

 

[KevinWestern]

Did Republicans deliberately crash the US economy? | Michael Cohen | Comment is free | guardian.co.uk


Beyond McConnell's words, though, there is circumstantial evidence to make the case. Republicans have opposed a lion's share of stimulus measures that once they supported, such as a payroll tax break, which they grudgingly embraced earlier this year. Even unemployment insurance, a relatively uncontroversial tool for helping those in an economic downturn, has been consistently held up by Republicans or used as a bargaining chip for more tax cuts. Ten years ago, prominent conservatives were loudly making the case for fiscal stimulus to get the economy going; today, they treat such ideas like they're the plague.

Traditionally, during economic recessions, Republicans have been supportive of loose monetary policy. Not this time. Rather, Republicans have upbraided Ben Bernanke, head of the Federal Reserve, for even considering policies that focus on growing the economy and creating jobs.

And then, there is the fact that since the original stimulus bill passed in February of 2009, Republicans have made practically no effort to draft comprehensive job creation legislation. Instead, they continue to pursue austerity policies, which reams of historical data suggest harms economic recovery and does little to create jobs. In fact, since taking control of the House of Representatives in 2011, Republicans have proposed hardly a single major jobs bill that didn't revolve, in some way, around their one-stop solution for all the nation's economic problems: more tax cuts.

It's not Republicans vs Democrats, as both parties have politicians that willingly get their bums slammed by powerful Wall-Street bosses. This upcoming 2012 Presidential campaign is set to topple $1.3 billion in campaign funds - you don't think there's strings attached to those dollars?

If you want to discover the #1 reason why the economy sucks today, you need to look beyond just the past three or four years; a good starting point is 1993 and the repeal of the Glass-Steagall Act (which was championed by members of both parties).

Derivatives are what crashed the economy. They made a few people rich, and a heck of a lot more people much, much, much worse off.

The political party name-blame thing just gets tiresome after awhile.............

 

[Truthmatters]

Because they wanted it to crash

Yes that's right obama and the obamacare supporters had the motive to destroy the economy more than anyone else.
Who controlled congress when the crash happened?

Who created the crash.

The people in charge of the country for years as it built.

the republicans

 

[Truthmatters]

Did Republicans deliberately crash the US economy? | Michael Cohen | Comment is free | guardian.co.uk


Beyond McConnell's words, though, there is circumstantial evidence to make the case. Republicans have opposed a lion's share of stimulus measures that once they supported, such as a payroll tax break, which they grudgingly embraced earlier this year. Even unemployment insurance, a relatively uncontroversial tool for helping those in an economic downturn, has been consistently held up by Republicans or used as a bargaining chip for more tax cuts. Ten years ago, prominent conservatives were loudly making the case for fiscal stimulus to get the economy going; today, they treat such ideas like they're the plague.

Traditionally, during economic recessions, Republicans have been supportive of loose monetary policy. Not this time. Rather, Republicans have upbraided Ben Bernanke, head of the Federal Reserve, for even considering policies that focus on growing the economy and creating jobs.

And then, there is the fact that since the original stimulus bill passed in February of 2009, Republicans have made practically no effort to draft comprehensive job creation legislation. Instead, they continue to pursue austerity policies, which reams of historical data suggest harms economic recovery and does little to create jobs. In fact, since taking control of the House of Representatives in 2011, Republicans have proposed hardly a single major jobs bill that didn't revolve, in some way, around their one-stop solution for all the nation's economic problems: more tax cuts.

It's not Republicans vs Democrats, as both parties have politicians that willingly get their bums slammed by powerful Wall-Street bosses. This upcoming 2012 Presidential campaign is set to topple $1.3 billion in campaign funds - you don't think there's strings attached to those dollars?

If you want to discover the #1 reason why the economy sucks today, you need to look beyond just the past three or four years; a good starting point is 1993 and the repeal of the Glass-Steagall Act (which was championed by members of both parties).

Derivatives are what crashed the economy. They made a few people rich, and a heck of a lot more people much, much, much worse off.

The political party name-blame thing just gets tiresome after awhile.............

then why did they not impliment the bill signed?

 

[Truthmatters]

Votes for Final Rules Defining How Banks Can Be Securities Brokers
Eight Years After Passage of the Gramm-Leach-Bliley Act, Key Provisions Will Now Be Implemented
FOR IMMEDIATE RELEASE
2007-190
Washington, D.C., Sept. 19, 2007 - Ending eight years of stalled negotiations and impasse, the Commission today voted to adopt, jointly with the Board of Governors of the Federal Reserve System (Board), new rules that will finally implement the bank broker provisions of the Gramm-Leach-Bliley Act of 1999. The Board will consider these final rules at its Sept. 24, 2007 meeting. The Commission and the Board consulted with and sought the concurrence of the Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and Office of Thrift Supervision.

why did the Bush SEC hold back the broker rules for 8 years?

 

[bigrebnc1775]

Because they wanted it to crash

Yes that's right obama and the obamacare supporters had the motive to destroy the economy more than anyone else.
Who controlled congress when the crash happened?

Who created the crash.

The people in charge of the country for years as it built.

the republicans

60+ years of control in part or in whole of the government by the democrats since 1946 says a lot who should share a large portion of the blame. Unlike you I do blame the party I am a member of you never will blame a democrat.

 

[Truthmatters]

why did they hold back the broker rules for 8 long years?

 

[Rat in the Hat]

why did they hold back the broker rules for 8 long years?

Both parties decided holding them back was good for their campaign donations.

 

[KevinWestern]

Did Republicans deliberately crash the US economy? | Michael Cohen | Comment is free | guardian.co.uk


Beyond McConnell's words, though, there is circumstantial evidence to make the case. Republicans have opposed a lion's share of stimulus measures that once they supported, such as a payroll tax break, which they grudgingly embraced earlier this year. Even unemployment insurance, a relatively uncontroversial tool for helping those in an economic downturn, has been consistently held up by Republicans or used as a bargaining chip for more tax cuts. Ten years ago, prominent conservatives were loudly making the case for fiscal stimulus to get the economy going; today, they treat such ideas like they're the plague.

Traditionally, during economic recessions, Republicans have been supportive of loose monetary policy. Not this time. Rather, Republicans have upbraided Ben Bernanke, head of the Federal Reserve, for even considering policies that focus on growing the economy and creating jobs.

And then, there is the fact that since the original stimulus bill passed in February of 2009, Republicans have made practically no effort to draft comprehensive job creation legislation. Instead, they continue to pursue austerity policies, which reams of historical data suggest harms economic recovery and does little to create jobs. In fact, since taking control of the House of Representatives in 2011, Republicans have proposed hardly a single major jobs bill that didn't revolve, in some way, around their one-stop solution for all the nation's economic problems: more tax cuts.

It's not Republicans vs Democrats, as both parties have politicians that willingly get their bums slammed by powerful Wall-Street bosses. This upcoming 2012 Presidential campaign is set to topple $1.3 billion in campaign funds - you don't think there's strings attached to those dollars?

If you want to discover the #1 reason why the economy sucks today, you need to look beyond just the past three or four years; a good starting point is 1993 and the repeal of the Glass-Steagall Act (which was championed by members of both parties).

Derivatives are what crashed the economy. They made a few people rich, and a heck of a lot more people much, much, much worse off.

The political party name-blame thing just gets tiresome after awhile.............

then why did they not impliment the bill signed?

Republicans - conservatives - generally hold the opinion that gov't stimulus (for all practical purposes) simply doesn't work, and consider it a waste of money. They regard cleaning up the national debt as far more important to the long-term recovery of our country and our economy. That's why.

Stimulus - more often than not - is a short term 'sugar high'.

Check it out:

1.) What makes you think that politicians are smarter than the private sector when it comes to investing our dollars in time of a recession/depression?

and (this next one is most important to me - personally),

2.) Even if the politicians are all-knowing, cohesive, and organized, what makes you think that they're going to invest the stimulus money ETHICALLY? You do realize that campaign contributions are up 20 fold since the 1970's! All of those dollars have strings attached, and politicians today have a lot of asses to kiss....


.

 

[bigrebnc1775]

why did they hold back the broker rules for 8 long years?

Both parties decided holding them back was good for their campaign donations.

Sad part about TM is that she does not realize she is a tool a useful idiot for the DNC and doesn't even realize it.

 

[KissMy]

Democrats delibertly crashed the economy after they got elected in 2006 so they could get republicans voted out in 2008. Look what happened to jobs after democrats took office Jan 1, 2007!!! OMG!!!

Source: Federal Reserve
.

 

[Truthmatters]

what was it they did.

flesh out your idiotic rant

 

[Truthmatters]

why did they hold back the broker rules for 8 long years?

Both parties decided holding them back was good for their campaign donations.

Both parties didnt do it liar

 

[Rat in the Hat]

why did they hold back the broker rules for 8 long years?

Both parties decided holding them back was good for their campaign donations.

Both parties didnt do it liar

You know, being called a liar by you is totally meaningless, considering you also call yourself a liar.

So you claim the founders didnt know that the kind of republic they chose was a democracy?

yes you did

liar

 

[bigrebnc1775]

Both parties decided holding them back was good for their campaign donations.

Both parties didnt do it liar

You know, being called a liar by you is totally meaningless, considering you also call yourself a liar.

yes you did

liar

 

[Truthmatters]

Wachowicz's Web World - Special Report -- Job Creation and Worker Assistance Act of 2002 (JCWAA)

why did you love stimulus under Bush?

 

[bigrebnc1775]

Wachowicz's Web World - Special Report -- Job Creation and Worker Assistance Act of 2002 (JCWAA)

why did you love stimulus under Bush?

Actually no I was against it.

 

[Truthmatters]

Jobs and Growth Tax Relief Reconciliation Act of 2003 - Wikipedia, the free encyclopedia