More not less taxes needed for economic recovery.

[starcraftzzz]

According to everyone on the left deregulation, which was a government policy, caused the housing bubble and the collapse of the market. did you forget your own talking point?

but you already know people on the left are on the left because they are stupid. Who could possibly say with a straight face that Fed Fred Fan did not cause the crisis despite an open policies to stimulate the housing market! Did the European housing market collapse too becuase of American deregulation?

I see so according to Fannie and Freddie who did not make the loans that caused the crises caused the crises. Hvae some more brilliant logic for us?

"First consider the once controversial view that the crisis was largely caused by the Fed's holding interest rates too low for too long after the 2001 recession. This view is now so widely held that the editorial pages of both the NYTimes and the Wall Street Journal agree on its validity!"...John B. Taylor

Again dumbass low interest rates dont make it so banks make fraudulent and shitty loans. Next your going to blame low interest rates for murder

. Then you had CRA,

Banks that were requried to followed the CRA could not make the types of loans that caused the crises because the CRA restricted those. SO explain why you think less bad loans caused bad loans
id ask you to post something that wasnt garbage but thats above your intelelctual ability

 

[EdwardBaiamonte]

I see so according to Fannie and Freddie who did not make the loans that caused the crises caused the crises. Hvae some more brilliant logic for us?

dear, if you knew what Fanny Freddie did you'd know they bought the loans and guaranteed them so those who did originate them did not have to worry about quality. As a liberal talking to you is like talking to a small child.

 

[EdwardBaiamonte]

plz name one of those policies. Oh you cant because your full of shit and a ranting lunatic.. not news

dear, liberal policy called for stimulating the housing market and ignoring the free market. Well they did stimulate it all right; it caused a bubble and then the depression we are now suffering through.
Do you want us to name another??

Jesus who knew that actions done in 2010 caused the housing bubble that started in 2002.

dear, the Fed started dropping interest rates after 9/11!!! See why we are positive a liberal will slow, very slow?

 

[Toro]

MORE NOT LESS TAXES NEEDED FOR ECONOMIC RECOVERY.

What got us in this mess was Bush’s tax cut for the rich and spending money we did not have. If Obama had let the tax breaks expire like Bush had intended it we would be in economic recovery. Taxes create revenue that federal and state Government need to run the system. Taxes create revenue that create jobs. Government spending is the only way the economy will recover but it has to have revenue to do that and revenue is taxes. We need to raise taxes all around. State, local, federal, income, payroll and sales taxes and any other way we can taxs. It has been proven that cutting taxes do not create jobs and jobs create revenue that pay down the deficit. When taxes are cut, Government spending is cut and Government programs are cut, cutting programs result in unemployment ( paid with money we don’t have) thus cutting revenue. And it results in more spending. Taxes pay down the deficit and create a surplus and prevent federal and state law offs. The reason unemployment is at 8.1% or higher is because of tax cuts. Use your God given brains and figure it out. Taxes create revenue, revenue pay the bills and prevent unemployment and prevent spending money we don’t have thus creating a deficit. You have to spend money in order to make money. Even if you are gambling you have to spend money. Every business venture Romney started, he had to have money to start it.
Radical Reich Wing Extremist should know that by now.

Worst economic mistake Obama made was extending the tax cuts.Working consumers create jobs when the pay taxes. Small busineses cannot create jobs without consumers even if they paid NO taxes at all. ONLY Federal Government can afford to stimulate the economy and best by infrastructure work. Cutting government programs cut workers and cuts revenue.
Feingold is right; it's past time to let these tax cuts expire.

If you don't like paying taxes . . .
If you don't like paying taxes . . .

All of these services are jobs and when taxes are cut it creates lay offs of people who provide these services and loss of consumers’ spending, thus loss of revenue.

That's not what got us into this mess.

 

[EdwardBaiamonte]

. If Obama had let the tax breaks expire like Bush had intended it we would be in economic recovery..

so when bureaucrats steal and waste our money that causes recovery??? dear, recovery comes when the private sector creates real sustainable jobs, not when bureaucrats finance Solyndra, build bridges to no where and cause depressions, like the current one, by over stimulating the housing market into a bubble!!

Is this really over your head???