How Obama causes thge housing recession.

EdwardBaiamonte

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Nov 23, 2011
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This is so true, we are in a housing depression because BO has prevented recovery by eliminating the free market in housing. Had it been allowed to work the market would have cleared long long ago and the economy would be booming now.
 
BO's programs all slowed down the eviction process. Banks had to get the paper work just right and then try various programs to see if folks could stay in their homes. None of these worked and so we have BO's depression.
 
It's going to get much worse. Have you seen the new "green" regulations for new construction? They will add a minimum of $25,000 to all new homes.
 
It's going to get much worse. Have you seen the new "green" regulations for new construction? They will add a minimum of $25,000 to all new homes.


Yes I love the way BO blames Bush when he was 100% responsible for the dead slow progress in housing recovery.
 
It's going to get much worse. Have you seen the new "green" regulations for new construction? They will add a minimum of $25,000 to all new homes.


Yes I love the way BO blames Bush when he was 100% responsible for the dead slow progress in housing recovery.
Ed, you are, as usual, a complete tool. No facts, just dogma from your handlers. Not sure how anyone can stand being so completely controlled.
 
It's going to get much worse. Have you seen the new "green" regulations for new construction? They will add a minimum of $25,000 to all new homes.


Yes I love the way BO blames Bush when he was 100% responsible for the dead slow progress in housing recovery.
Ed, you are, as usual, a complete tool. No facts, just dogma from your handlers. Not sure how anyone can stand being so completely controlled.

Why be so afraid to tell us what BO did in 4 years to end the housing crisis??? What does your fear tell you?
 
This is so true, we are in a housing depression because BO has prevented recovery by eliminating the free market in housing. Had it been allowed to work the market would have cleared long long ago and the economy would be booming now.

Oh bullshit.

George W. Bush started the housing bubble by dropping interest rates to zero, allowing unregulated lending companies to do subprimes and allowing financial institutions to bundle them up and sell them on the big board.
 
This is so true, we are in a housing depression because BO has prevented recovery by eliminating the free market in housing. Had it been allowed to work the market would have cleared long long ago and the economy would be booming now.

Once again you have no idea what you are talking about. The housing crisis started 7 months before BO was in office. Also most of the laws you are complaining about were already laws, even more are state regulations. There are certain processes that must be followed when you evict someone, to make sure you are doing it right. Banks did not decide to follow these processes because they didn't want to hire the people to do them. Hence the whole robo-signers. People signing off saying they checked the neccessary paper work when they didn't, all they did was sign the piece of paper. Then they got busted. You blame BO, good job. Lots of critical thinking skills there.
 
This is so true, we are in a housing depression because BO has prevented recovery by eliminating the free market in housing. Had it been allowed to work the market would have cleared long long ago and the economy would be booming now.

Oh bullshit.

George W. Bush started the housing bubble by dropping interest rates to zero, allowing unregulated lending companies to do subprimes and allowing financial institutions to bundle them up and sell them on the big board.

I read the title of this thread and thought "......... Tardis?"
 
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George W. Bush started the housing bubble by dropping interest rates to zero,

actually thats done by the Fed, not the president. Sorry to rock your world


Also, try to understand the subject was about what BO hasn't done to end the housing crisis, not who started it long ago. Why not reread for comprehension??
 
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George W. Bush started the housing bubble by dropping interest rates to zero,

actually thats done by the Fed, not the president. Sorry to rock your world


Also, try to understand the subject was about what BO hasn't done to end the housing crisis, not who started it long ago. Why not reread for comprehension??

Thats not the subject. YOU clearly stated it was that he started it. Never once did you mention the phrase "done to end" until now. Why not read for comprehension?
 
This is so true, we are in a housing depression because BO has prevented recovery by eliminating the free market in housing. Had it been allowed to work the market would have cleared long long ago and the economy would be booming now.

Oh bullshit.

George W. Bush started the housing bubble by dropping interest rates to zero, allowing unregulated lending companies to do subprimes and allowing financial institutions to bundle them up and sell them on the big board.

I read the title of this thread and thought "......... Tardis?"

There has never been a black "doctor"
 
This is so true, we are in a housing depression because BO has prevented recovery by eliminating the free market in housing. Had it been allowed to work the market would have cleared long long ago and the economy would be booming now.

Simple assertion and completely wrong. But go ahead and support the assertion with credible, objective, and unassailable evidence. Or fail.
 
This is so true, we are in a housing depression because BO has prevented recovery by eliminating the free market in housing. Had it been allowed to work the market would have cleared long long ago and the economy would be booming now.
First off, we didn't have a housing depression. We had a credit crisis brought on by the debacle in the subprime mortgages. Rising unemployment and the banks unwillingness to make loans caused a collapse in the new housing market. This all happened before Obama took office. Allowing banks to foreclose faster would just have made the problems even worse.
 

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