Liberal Economic "thought"

[CrusaderFrank]

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.

 

[Mad Scientist]

Public Education for starters.

 

[Oddball]

Break enough windows and we can give everybody jobs as glass manufacturers and glaziers!

 

[Truthmatters]

[ame=http://www.youtube.com/watch?v=T6bmEv2-rFA]President Bush's speech on the financial crisis 9/24/08 (1) - YouTube[/ame]

 

[Truthmatters]

http://thepoliticalcarnival.net/wp-...bikini-graph-November-2012-private-sector.jpg

 

[Dot Com]

Franks right We need to go back to Bu$h II's policies of deregulation, tax-cuts for people who neither asked-for nor needed them & have wall st regulators sitting @ downloading porn.

 

[Truthmatters]

they just keep trying to pretend the republican record is not what it is

 

[Oddball]

Franks right We need to go back to Bu$h II's policies of deregulation, tax-cuts for people who neither asked for nor needed them & have wall st regulators sitting @ downloading porn.

Outstanding straw man.

 

[Truthmatters]

Your party created the mess.


Obama has improved the economy.


you just lie about it

 

[Oldstyle]

Your party created the mess.


Obama has improved the economy.


you just lie about it

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?

 

[Mad Scientist]

Your party created the mess.


Obama has improved the economy.


you just lie about it

The delusion is strong in this one.

 

[Truthmatters]

Your party created the mess.


Obama has improved the economy.


you just lie about it

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

 

[Truthmatters]

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.

In addition, the Commission also voted to issue a second release concerning certain bank dealer activities and other related matters.

"A customer should be able to walk into a financial institution and get any financial product he or she needs — securities, insurance, banking or trust services," said SEC Chairman Christopher Cox. "But Congress recognized those benefits couldn't be achieved without new ways to safeguard investors that would be consistent with continued innovation. Today's historic action, coming eight years after the passage of the law, is long overdue but welcome news for investors who will now begin to see the benefits of broader services and lower costs that the law intended."

 

[Truthmatters]

Banks had NO rules or requirments on who could be a broker for 8 fucking years because of the Bush SEC.

 

[Truthmatters]

Your party created the mess.


Obama has improved the economy.


you just lie about it

The delusion is strong in this one.

so you just ignored the chart huh asshols?

 

[Oldstyle]

And while you rant about Republicans causing the economic melt down...a charge that simply isn't true...you blindly support President Obama's "plan" to fix the current deficit crisis with a tax increase on the wealthy that won't put a dent in our ongoing deficits but WILL further slow an already anemic economic recovery leading to even more people being out of work.

 

[Truthmatters]

tell me what that SEC release says?

 

[Oldstyle]

Your party created the mess.


Obama has improved the economy.


you just lie about it

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.

 

[Truthmatters]

see you are on the short bus.

No one thinks fanny a d freddy caused this but brain washed cons

 

[Truthmatters]

explain what the effects of this SEC release means to the market?


you dont even understand it do you?