Truthmatters
Diamond Member
- May 10, 2007
- 80,182
- 2,272
- 1,283
- Banned
- #21
you are no expert on what happened.
You cant even understand this SEC document
You cant even understand this SEC document
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Liberal Economic "thought" aka: How to get it totally wrong and win a Noble Prize while destroying an entire nation in the process.
It's bad when a private company adds debt and threatens the enterprise with insolvency but its good when the government adds unlimited amount of debts on the nation.
see you are on the short bus.
No one thinks fanny a d freddy caused this but brain washed cons
Why not offer some proof, oldstyle. Sorry, but your opinion is not worth anything.The "mess" as you put it was created by both parties.
Obama's handling of the economy since taking office has led to the worst recovery from a recession since the Great Depression. Unemployment is still hovering around 9% despite government spending Billions of dollars on stimulus four YEARS after the recession started and the economy is growing at about 1 and 1/2% percent per year which is about as anemic a rate of growth as we've ever had. The one part of the economy that has improved dramatically, creating tens of thousands of good paying new jobs is in the energy sector but that was growth that took place not because of Barack Obama but despite him. In the areas of the energy sector that the Federal government controlled, production of oil and natural gas actually declined due to Barry's ongoing war on fossil fuels. At the same time billions of taxpayer dollars were squandered by this Administration in loan guarantees to various "green energy" companies that took our money and then declared bankruptcy mere months later. Was THAT mess created by the Republicans?
The Bush admin CREATED this housing mess all on their own.
They held back the partys of GLBact that would have prevented this housing mess from growing and growing
George W. Bush was one of the few people in Washington warning about the danger our policies with Fanny Mae and Freddie Mac could get us into. He was calling for legislation to rein in the two entities but Barney Frank assured us all that there was no problem at all. Take off the partisan blinders, TM...your blather on this issue simply makes you appear either ignorant or hopelessly biased.
Sorry, the unemployment rate is, as anyone with the slightest clue knows, about 7.9%. Perhaps Oldstyle is digitally challenged. But most know that there is a major difference between 7.8 and 9. And oldstyle does not give credit to the congressional repubs, who have blocked any and all stimulus that would be of help.Obama's handling of the economy since taking office has led to the worst recovery from a recession since the Great Depression. Unemployment is still hovering around 9%
The stimulus spending began in 2009, with most expenditures happening in 2010 and little happening since. Most economists agree that the stimulus was way too small.despite government spending Billions of dollars on stimulus four YEARS after the recession started
The growth rate has been much higher, as Oldstyle knows. Funny that oldstyle can not come up with a link to prove his numbers, eh.and the economy is growing at about 1 and 1/2% percent per year which is about as anemic a rate of growth as we've ever had.
Again, con dogma. Gas supplies are up. Demand for gas is down. But whatever you do, oldstyle, do not give any credit to the current admin. And no links to prove his statements.The one part of the economy that has improved dramatically, creating tens of thousands of good paying new jobs is in the energy sector but that was growth that took place not because of Barack Obama but despite him.
In the areas of the energy sector that the Federal government controlled, production of oil and natural gas actually declined due to Barry's ongoing war on fossil fuels.
There were far fewer failures, including bankruptcies, than in the general business world. Funny how green energy is dirty word to cons, just as it is to the energy industry who pays the con politicians.At the same time billions of taxpayer dollars were squandered by this Administration in loan guarantees to various "green energy" companies that took our money and then declared bankruptcy mere months later.
Liberal Economic "thought" aka: How to get it totally wrong and win a Noble Prize while destroying an entire nation in the process.
It's bad when a private company adds debt and threatens the enterprise with insolvency but its good when the government adds unlimited amount of debts on the nation.
Oldstyle is just a con tool, who follows without any question whatever his con bosses tell him.