We Know Who They Will Blame When Trump Crashes the Economy.

[Theowl32]

Trump's economic policies were not smart. He borrowed ridiculous amounts of money (Much more than the Obama Stimulus...) 8+ years into an economic expansion, pumped it into the economy, got a little bounce with only a few quarters of good growth, and now the economy is looking worn out and ready to crash.

This is identical to Bush. Bush inherited a budget surplus, gave a big tax cut to the ultra wealthy along with massive spending packages, squandered the surplus, racked up massive deficits, and had a total economic melt down.

Republicans can't take responsibility for any of their failures. Bush's collapse is somehow the 2006 democrats fault. The 2 losing wars, not his fault, etc etc. When Trump's policies collapse this economy we know that the GOP will not man up and take personal responsibility for their policies, they will blame... THE FED.

Here's David Stockman breaking down Trump's economic policies and why they are bad:

Remember it was Billyboy Clinton who shutdown the government rather than sign the GOP balanced budget.
Democrats get zero credit for a balanced budget
Bush inherited the Clinton Tech Stock bubble stock market crash recession.
It was the Democrats who caused the Great Recession with their mortgage policies that forced banks make loans to low class trash bottom feeder Democrats with bad credit and who could not pay the money back.

Exactly blame everybody else for the problems. Republicans can't take personal responsibility for any of their mistakes.

Bush had a republican Congress and got all his terrible policies passed. Massive spending increases, massive tax cuts that did little to spur growth, and wars that Bush mismanaged and didn't win. Of course you can't take responsibility for any of this.

Why don't you try addressing what David Stockman said in the vid I posted? Oh yeah you can't because you can't take responsibility for anything...

You are an ignorant fucking loser. I will prove your pathetic stupidity you piece of lying shit.

The economy was actually quite strong under GWB until the democrats took control of the House and Senate in 2007. What did the economy do from 2007 to 2010 under democrat control loser? Here, let me be more specific you stupid fucking "banker."

Explain this:

2007

• August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac, saying "first things first when it comes to those two institutions. Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options." (President George W. Bush, Press Conference, the White House, 8/9/07)
• 
  
• August: Senate Committee on Banking, Housing and Urban Affairs Chairman Christopher Dodd ignores the President's warnings and calls on him to "immediately reconsider his ill-advised" position. (Eric Dash, "Fannie Mae's Offer To Help Ease Credit Squeeze Is Rejected, As Critics Complain Of Opportunism," The New York Times, 8/11/07)
• 
  
• December: President Bush again warns Congress of the need to pass legislation reforming GSEs, saying "These institutions provide liquidity in the mortgage market that benefits millions of homeowners, and it is vital they operate safely and operate soundly. So I've called on Congress to pass legislation that strengthens independent regulation of the GSEs – and ensures they focus on their important housing mission. The GSE reform bill passed by the House earlier this year is a good start. But the Senate has not acted. And the United States Senate needs to pass this legislation soon." (President George W. Bush, Discusses Housing, the White House, 12/6/07)

2008

• February: Assistant Treasury Secretary David Nason reiterates the urgency of reforms, saying "A new regulatory structure for the housing GSEs is essential if these entities are to continue to perform their public mission successfully." (David Nason, Testimony On Reforming GSE Regulation, Senate Committee On Banking, Housing And Urban Affairs, 2/7/08)
• 
  
• March: President Bush calls on Congress to take action and "move forward with reforms on Fannie Mae and Freddie Mac. They need to continue to modernize the FHA, as well as allow State housing agencies to issue tax-free bonds to homeowners to refinance their mortgages." (President George W. Bush, Remarks To The Economic Club Of New York, New York, NY, 3/14/08)
• 
  
• April: President Bush urges Congress to pass the much needed legislation and "modernize Fannie Mae and Freddie Mac. [There are] constructive things Congress can do that will encourage the housing market to correct quickly by … helping people stay in their homes." (President George W. Bush, Meeting With Cabinet, the White House, 4/14/08)
• 
  
• May: President Bushissues several pleas to Congress to pass legislation reforming Fannie Mae and Freddie Mac before the situation deteriorates further.
  • 
    
  • "Americans are concerned about making their mortgage payments and keeping their homes. Yet Congress has failed to pass legislation I have repeatedly requested to modernize the Federal Housing Administration that will help more families stay in their homes, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow state housing agencies to issue tax-free bonds to refinance sub-prime loans." (President George W. Bush, Radio Address, 5/3/08)
  • 
    
  • "[T]he government ought to be helping creditworthy people stay in their homes. And one way we can do that – and Congress is making progress on this – is the reform of Fannie Mae and Freddie Mac. That reform will come with a strong, independent regulator." (President George W. Bush, Meeting With The Secretary Of The Treasury, the White House, 5/19/08)
  • 
    
  • "Congress needs to pass legislation to modernize the Federal Housing Administration, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance subprime loans." (President George W. Bush, Radio Address, 5/31/08)
• June: As foreclosure rates continued to rise in the first quarter, the President once again asks Congress to take the necessary measures to address this challenge, saying "we need to pass legislation to reform Fannie Mae and Freddie Mac." (President George W. Bush, Remarks At Swearing In Ceremony For Secretary Of Housing And Urban Development, Washington, D.C., 6/6/08)
• 
  
• July: Congress heeds the President's call for action and passes reform legislation for Fannie Mae and Freddie Mac as it becomes clear that the institutions are failing.
• 
  
• September: Democrats in Congress forget their previous objections to GSE reforms, as Senator Dodd questions "why weren't we doing more, why did we wait almost a year before there were any significant steps taken to try to deal with this problem? … I have a lot of questions about where was the administration over the last eight years." (Dawn Kopecki, "Fannie Mae, Freddie 'House Of Cards' Prompts Takeover," Bloomberg, 9/9/08)

 

[Theowl32]

Trump's economic policies were not smart. He borrowed ridiculous amounts of money (Much more than the Obama Stimulus...) 8+ years into an economic expansion, pumped it into the economy, got a little bounce with only a few quarters of good growth, and now the economy is looking worn out and ready to crash.

This is identical to Bush. Bush inherited a budget surplus, gave a big tax cut to the ultra wealthy along with massive spending packages, squandered the surplus, racked up massive deficits, and had a total economic melt down.

Republicans can't take responsibility for any of their failures. Bush's collapse is somehow the 2006 democrats fault. The 2 losing wars, not his fault, etc etc. When Trump's policies collapse this economy we know that the GOP will not man up and take personal responsibility for their policies, they will blame... THE FED.

Here's David Stockman breaking down Trump's economic policies and why they are bad:

Remember it was Billyboy Clinton who shutdown the government rather than sign the GOP balanced budget.
Democrats get zero credit for a balanced budget
Bush inherited the Clinton Tech Stock bubble stock market crash recession.
It was the Democrats who caused the Great Recession with their mortgage policies that forced banks make loans to low class trash bottom feeder Democrats with bad credit and who could not pay the money back.

Exactly blame everybody else for the problems. Republicans can't take personal responsibility for any of their mistakes.

Bush had a republican Congress and got all his terrible policies passed. Massive spending increases, massive tax cuts that did little to spur growth, and wars that Bush mismanaged and didn't win. Of course you can't take responsibility for any of this.

Why don't you try addressing what David Stockman said in the vid I posted? Oh yeah you can't because you can't take responsibility for anything...

Hey stupid fucking banker, maybe you can tell us who rewrote the Community Reinvestment Act which put pressure on banks to lend to unqualified buyers loser.

Here, let me clue you in:


Check out how affirmative action loans caused a bubble folks and losers like "Banker" ignore this or laugh at it.





Who signed the Commodity Futures Modernization Act which exempted default swaps from regulation loser?

Hey banker, my right buttcheek is smarter than you.

 

[Dragonlady]

You are an ignorant fucking loser. I will prove your pathetic stupidity you piece of lying shit.

The economy was actually quite strong under GWB until the democrats took control of the House and Senate in 2007. What did the economy do from 2007 to 2010 under democrat control loser? Here, let me be more specific you stupid fucking "banker."

The economy was in NO WAY strong, under George W. Bush. The interest rate was 0% and it was all a housing bubble waiting to burst.

Your little cut and paste was Republican Bloomberg editorial to shift blame away from the 1999 deregulation of Wall Street, which was the REAL cause of the housing bubble, onto the federally supported Fannie Mae and Freddie Mac. Wall Street wanted BOTH of these entities restrained, because Wall Street wasn't profitting off their subprime mortgages, only those which weren't federally backed.

Bush's goal in cutting was to increase private home ownership, which is a benefit to the economy. Wall Street's goal was to make money for their investors, and they made a LOT more money off sub-prime mortgages than regular mortgages. And once they sold those mortgages to investors, they couldn't possible LOSE a nickle, even if the loan went bad. In fact, they'd make MORE money because they could charge the investor for handling the foreclosure for them.

 

[Nostra]

You are an ignorant fucking loser. I will prove your pathetic stupidity you piece of lying shit.

The economy was actually quite strong under GWB until the democrats took control of the House and Senate in 2007. What did the economy do from 2007 to 2010 under democrat control loser? Here, let me be more specific you stupid fucking "banker."

The economy was in NO WAY strong, under George W. Bush. The interest rate was 0% and it was all a housing bubble waiting to burst.

Your little cut and paste was Republican Bloomberg editorial to shift blame away from the 1999 deregulation of Wall Street, which was the REAL cause of the housing bubble, onto the federally supported Fannie Mae and Freddie Mac. Wall Street wanted BOTH of these entities restrained, because Wall Street wasn't profitting off their subprime mortgages, only those which weren't federally backed.

Bush's goal in cutting was to increase private home ownership, which is a benefit to the economy. Wall Street's goal was to make money for their investors, and they made a LOT more money off sub-prime mortgages than regular mortgages. And once they sold those mortgages to investors, they couldn't possible LOSE a nickle, even if the loan went bad. In fact, they'd make MORE money because they could charge the investor for handling the foreclosure for them.

Hey Stupid, Bush warned of a housing bubble starting in 2003.

Barney Frank and his ilk denied there was a problem.

Dims tanked the economy, you raving lunatic Canuck.

 

[Godboy]

Trump's economic policies were not smart. He borrowed ridiculous amounts of money (Much more than the Obama Stimulus...) 8+ years into an economic expansion, pumped it into the economy, got a little bounce with only a few quarters of good growth, and now the economy is looking worn out and ready to crash.

This is identical to Bush. Bush inherited a budget surplus, gave a big tax cut to the ultra wealthy along with massive spending packages, squandered the surplus, racked up massive deficits, and had a total economic melt down.

Republicans can't take responsibility for any of their failures. Bush's collapse is somehow the 2006 democrats fault. The 2 losing wars, not his fault, etc etc. When Trump's policies collapse this economy we know that the GOP will not man up and take personal responsibility for their policies, they will blame... THE FED.

Here's David Stockman breaking down Trump's economic policies and why they are bad:

Hey retard, democrats want a stimulus package twice the size of the one republicans pushed.

 

[Theowl32]

You are an ignorant fucking loser. I will prove your pathetic stupidity you piece of lying shit.

The economy was actually quite strong under GWB until the democrats took control of the House and Senate in 2007. What did the economy do from 2007 to 2010 under democrat control loser? Here, let me be more specific you stupid fucking "banker."

The economy was in NO WAY strong, under George W. Bush. The interest rate was 0% and it was all a housing bubble waiting to burst.

Your little cut and paste was Republican Bloomberg editorial to shift blame away from the 1999 deregulation of Wall Street, which was the REAL cause of the housing bubble, onto the federally supported Fannie Mae and Freddie Mac. Wall Street wanted BOTH of these entities restrained, because Wall Street wasn't profitting off their subprime mortgages, only those which weren't federally backed.

Bush's goal in cutting was to increase private home ownership, which is a benefit to the economy. Wall Street's goal was to make money for their investors, and they made a LOT more money off sub-prime mortgages than regular mortgages. And once they sold those mortgages to investors, they couldn't possible LOSE a nickle, even if the loan went bad. In fact, they'd make MORE money because they could charge the investor for handling the foreclosure for them.

My cut paste are official archival documented records you pathetic waste of piss.

The clinton administration rewrote the Community Reinvestment Act which absolutely put pressure on banks you illiterate idiot. Yeah, your pathetic ignorant denial is duly noted you piece of shit.

What we know is up until 2006 is the unemployment rate was about 4.6 percent and the dow was above 14,000 which until that point was the highest ever or close to it.

The democrats behind left wing propaganda convinced us THINGS WERE SOOOOO BAD. You are just another prime example of someone that cannot handle truth. Reject all of it even when it is front of your stupid ass ignorant fucking face.

The democrats deliberately ignored ALL WARNINGS in 2007 and 2008 to sabotage the economy AS DOCUMENTED and you fucking ignore it all moron.

That is why your pathetic traitorous side lost the House in 2010 idiot only to recapture it again behind more bullshit left wing propaganda.

You hopeless ignorant piece of shit.

 

[yidnar]

Trump's economic policies were not smart. He borrowed ridiculous amounts of money (Much more than the Obama Stimulus...) 8+ years into an economic expansion, pumped it into the economy, got a little bounce with only a few quarters of good growth, and now the economy is looking worn out and ready to crash.

This is identical to Bush. Bush inherited a budget surplus, gave a big tax cut to the ultra wealthy along with massive spending packages, squandered the surplus, racked up massive deficits, and had a total economic melt down.

Republicans can't take responsibility for any of their failures. Bush's collapse is somehow the 2006 democrats fault. The 2 losing wars, not his fault, etc etc. When Trump's policies collapse this economy we know that the GOP will not man up and take personal responsibility for their policies, they will blame... THE FED.

Here's David Stockman breaking down Trump's economic policies and why they are bad:

Hold on a minute...I thought this was the Kenyan Chimps economy...no?
Ask Golfing Gator and g5000 they told us so.

As has been explained to you many times, retard, Trump was elected on third base and you all behaved as if he hit a triple.

If Daffy Donald falls on his face running for home plate, that's ALLLLLLLLL on him!

Tariff Man started a trade war, and failed. Deficit Donald has outspent Obama's worst year of spending by a trillion dollars. He is trashing the steadily climbing economy and stock market and steadily dropping UE he inherited.

Dumbass.

actually the virus sent by your evil communist friends that caused an economic crisis across the entire world is to blame ...but you already know this and you are happy about it traitor ....please tell us how the dems plan for increased regs and taxes and returning to business as usual with your chicom pals will help the economy ...

 

[BigDave]

More stupid as hell bullshit from a RINO Never Trumper or a Communist Democrat

 

[Toddsterpatriot]

Your ignorance is amusing.

None of the so called conservatives on this board have any real knowledge of economics....

They also seem to believe that borrowing money doesn't mean you have to pay it back nor do they understand the benefits of paying debt off.

They support politicians who spend like there's no tomorrow without any intension of paying it back so they have no idea what deleverage means nor the benefits of it.

An intelligent person who doesn't know what it means would logically take a few minutes to find out but as the person you're replying to shows, they're just to down right damn lazy to do that.

So they make total fools of themselves like the one you replied to by talking about such ridiculous things as taxes in a deleverage discussion.

It's the last and normal responsible progression of recovery from an economic crash. Borrowing is needed to get out of the mess. Once the mess is cleaned up, you start to pay back that borrowed money.

It's a total waste of time to try to discuss economics with conservatives.

Borrowing isn't the way to get out of it. Borrowing only compounds it. That's not even how it works anyway. The electorate gets hit by the Fed's collection wing, the IRS, and they then turn the haul over to the Treasury so that the Treasury can pay the principal plus interest on that bond that the Federal Reserve bought with a check which was drawn on an account that had nothing in it. That's how it works.

Agreed otherwise. The electorate would do well to study economic theory and monetary policy.

Anyway. Incom tax garners around 2 trillion Federal Reserve Notes per year. If anyone has calculated the income tax rate, in order to avoid a deficit this year, they'd have to triple income taxes.

Borrowing isn't the way to get out of it. Borrowing only compounds it. That's not even how it works anyway. The electorate gets hit by the Fed's collection wing, the IRS, and they then turn the haul over to the Treasury so that the Treasury can pay the principal plus interest on that bond that the Federal Reserve bought with a check which was drawn on an account that had nothing in it. That's how it works.

That's awful!

So what?

Clearly, you cannot even grasp what was said, Toddster.

You;re actually making yourself look more incometent than you are.

You're whining about the Federal Reserve.

So they're paid interest on bonds they hold? So what?

You're afraid to say what they do with their earnings, or you don't know. Which is it?

The Fed isn't HOLDING the bonds, fool. They're ISSUING the bonds, and PAYING INTEREST to those who hold them.

You frequently opine on all things economic and you don't understand this simple basic principle?????

The Fed isn't HOLDING the bonds, fool. They're ISSUING the bonds, and PAYING INTEREST to those who hold them.

Are you confusing the Federal Reserve (central bank) with the US Treasury (federal government)?
Because that would be funny!

 

[Toddsterpatriot]

Your ignorance is amusing.

None of the so called conservatives on this board have any real knowledge of economics....

They also seem to believe that borrowing money doesn't mean you have to pay it back nor do they understand the benefits of paying debt off.

They support politicians who spend like there's no tomorrow without any intension of paying it back so they have no idea what deleverage means nor the benefits of it.

An intelligent person who doesn't know what it means would logically take a few minutes to find out but as the person you're replying to shows, they're just to down right damn lazy to do that.

So they make total fools of themselves like the one you replied to by talking about such ridiculous things as taxes in a deleverage discussion.

It's the last and normal responsible progression of recovery from an economic crash. Borrowing is needed to get out of the mess. Once the mess is cleaned up, you start to pay back that borrowed money.

It's a total waste of time to try to discuss economics with conservatives.

Borrowing isn't the way to get out of it. Borrowing only compounds it. That's not even how it works anyway. The electorate gets hit by the Fed's collection wing, the IRS, and they then turn the haul over to the Treasury so that the Treasury can pay the principal plus interest on that bond that the Federal Reserve bought with a check which was drawn on an account that had nothing in it. That's how it works.

Agreed otherwise. The electorate would do well to study economic theory and monetary policy.

Anyway. Incom tax garners around 2 trillion Federal Reserve Notes per year. If anyone has calculated the income tax rate, in order to avoid a deficit this year, they'd have to triple income taxes.

Borrowing isn't the way to get out of it. Borrowing only compounds it. That's not even how it works anyway. The electorate gets hit by the Fed's collection wing, the IRS, and they then turn the haul over to the Treasury so that the Treasury can pay the principal plus interest on that bond that the Federal Reserve bought with a check which was drawn on an account that had nothing in it. That's how it works.

That's awful!

So what?

Clearly, you cannot even grasp what was said, Toddster.

You;re actually making yourself look more incometent than you are.

You're whining about the Federal Reserve.

So they're paid interest on bonds they hold? So what?

You're afraid to say what they do with their earnings, or you don't know. Which is it?

The Fed isn't HOLDING the bonds, fool. They're ISSUING the bonds, and PAYING INTEREST to those who hold them.

You frequently opine on all things economic and you don't understand this simple basic principle?????

The Fed isn't HOLDING the bonds, fool.

Where'd ya go, moron?

 

[BigDave]

Your ignorance is amusing.

None of the so called conservatives on this board have any real knowledge of economics....

They also seem to believe that borrowing money doesn't mean you have to pay it back nor do they understand the benefits of paying debt off.

They support politicians who spend like there's no tomorrow without any intension of paying it back so they have no idea what deleverage means nor the benefits of it.

An intelligent person who doesn't know what it means would logically take a few minutes to find out but as the person you're replying to shows, they're just to down right damn lazy to do that.

So they make total fools of themselves like the one you replied to by talking about such ridiculous things as taxes in a deleverage discussion.

It's the last and normal responsible progression of recovery from an economic crash. Borrowing is needed to get out of the mess. Once the mess is cleaned up, you start to pay back that borrowed money.

It's a total waste of time to try to discuss economics with conservatives.

Borrowing isn't the way to get out of it. Borrowing only compounds it. That's not even how it works anyway. The electorate gets hit by the Fed's collection wing, the IRS, and they then turn the haul over to the Treasury so that the Treasury can pay the principal plus interest on that bond that the Federal Reserve bought with a check which was drawn on an account that had nothing in it. That's how it works.

Agreed otherwise. The electorate would do well to study economic theory and monetary policy.

Anyway. Incom tax garners around 2 trillion Federal Reserve Notes per year. If anyone has calculated the income tax rate, in order to avoid a deficit this year, they'd have to triple income taxes.

Borrowing isn't the way to get out of it. Borrowing only compounds it. That's not even how it works anyway. The electorate gets hit by the Fed's collection wing, the IRS, and they then turn the haul over to the Treasury so that the Treasury can pay the principal plus interest on that bond that the Federal Reserve bought with a check which was drawn on an account that had nothing in it. That's how it works.

That's awful!

So what?

Clearly, you cannot even grasp what was said, Toddster.

You;re actually making yourself look more incometent than you are.

You're whining about the Federal Reserve.

So they're paid interest on bonds they hold? So what?

You're afraid to say what they do with their earnings, or you don't know. Which is it?

The Fed isn't HOLDING the bonds, fool. They're ISSUING the bonds, and PAYING INTEREST to those who hold them.

You frequently opine on all things economic and you don't understand this simple basic principle?????

The Fed isn't HOLDING the bonds, fool.

Where'd ya go, moron?

Communist Democrats know next to nothing about economics

 

[Sun Devil 92]

Trump's economic policies were not smart. He borrowed ridiculous amounts of money (Much more than the Obama Stimulus...) 8+ years into an economic expansion, pumped it into the economy, got a little bounce with only a few quarters of good growth, and now the economy is looking worn out and ready to crash.

This is identical to Bush. Bush inherited a budget surplus, gave a big tax cut to the ultra wealthy along with massive spending packages, squandered the surplus, racked up massive deficits, and had a total economic melt down.

Republicans can't take responsibility for any of their failures. Bush's collapse is somehow the 2006 democrats fault. The 2 losing wars, not his fault, etc etc. When Trump's policies collapse this economy we know that the GOP will not man up and take personal responsibility for their policies, they will blame... THE FED.

Here's David Stockman breaking down Trump's economic policies and why they are bad:

David Stockman isn't worth listening to.

He was wrong back then and he's never corrected.

 

[Zorro!]

​

None of the so called conservatives on this board have any real knowledge of economics....

They also seem to believe that borrowing money doesn't mean you have to pay it back nor do they understand the benefits of paying debt off.

They support politicians who spend like there's no tomorrow without any intension of paying it back so they have no idea what deleverage means nor the benefits of it.

An intelligent person who doesn't know what it means would logically take a few minutes to find out but as the person you're replying to shows, they're just to down right damn lazy to do that.

So they make total fools of themselves like the one you replied to by talking about such ridiculous things as taxes in a deleverage discussion.

It's the last and normal responsible progression of recovery from an economic crash. Borrowing is needed to get out of the mess. Once the mess is cleaned up, you start to pay back that borrowed money.

It's a total waste of time to try to discuss economics with conservatives.

Borrowing isn't the way to get out of it. Borrowing only compounds it. That's not even how it works anyway. The electorate gets hit by the Fed's collection wing, the IRS, and they then turn the haul over to the Treasury so that the Treasury can pay the principal plus interest on that bond that the Federal Reserve bought with a check which was drawn on an account that had nothing in it. That's how it works.

Agreed otherwise. The electorate would do well to study economic theory and monetary policy.

Anyway. Incom tax garners around 2 trillion Federal Reserve Notes per year. If anyone has calculated the income tax rate, in order to avoid a deficit this year, they'd have to triple income taxes.

Yeah, but I think there are more factors than that. We have an amazingly resilient economy with a currency that is fairly unique in it's ability to safely store value. As a result, the world demand for our dollar is just unbelievable. A good proxy for global demand for the US dollar is the yield on the 10 year note. High demand drives the yield down (lowering borrowing costs) low demand drives the yield up

We're going on 40 years of ever less expensive borrowing costs because everyone wants US paper. The demand is so strong that were the Fed not intervening that we would likely be at negative interest rates, meaning folks would be paying us to store their value in our currency and paper.

The Fed is adding to its balance sheet to keep up with dollar demand by exchanging assets for liquidity and putting the assets on it's balance sheet.

​

That's a LOT of liquidity and we remain sensibly balanced between inflation and deflation. Some day the Fed will need to drain that liquidity, which is easy enough, they just reverse operation and trade assets for liquidity.

 

[Toddsterpatriot]

The Fed isn't HOLDING the bonds, fool. They're ISSUING the bonds, and PAYING INTEREST to those who hold them.

Still funny.

 

[Toddsterpatriot]

The Fed isn't HOLDING the bonds, fool. They're ISSUING the bonds, and PAYING INTEREST to those who hold them.

Still funny.

 

[Toddsterpatriot]

The Fed isn't HOLDING the bonds, fool. They're ISSUING the bonds, and PAYING INTEREST to those who hold them.

You frequently opine on all things economic and you don't understand this simple basic principle?????

The Fed isn't HOLDING the bonds, fool.

Still funny.

 

[Toddsterpatriot]

The Fed isn't HOLDING the bonds, fool. They're ISSUING the bonds, and PAYING INTEREST to those who hold them.

You frequently opine on all things economic and you don't understand this simple basic principle?????

Still funny.

 

[Thinker101]

Still funny.

Damn, this thread is funny, economy is in the toilet....and who do they blame.

 

[Dr.Know]

Trump's economic policies were not smart. He borrowed ridiculous amounts of money (Much more than the Obama Stimulus...) 8+ years into an economic expansion, pumped it into the economy, got a little bounce with only a few quarters of good growth, and now the economy is looking worn out and ready to crash.

This is identical to Bush. Bush inherited a budget surplus, gave a big tax cut to the ultra wealthy along with massive spending packages, squandered the surplus, racked up massive deficits, and had a total economic melt down.

Republicans can't take responsibility for any of their failures. Bush's collapse is somehow the 2006 democrats fault. The 2 losing wars, not his fault, etc etc. When Trump's policies collapse this economy we know that the GOP will not man up and take personal responsibility for their policies, they will blame... THE FED.

Here's David Stockman breaking down Trump's economic policies and why they are bad:

yawn, always blame the Republicans or Trump. The job market was the best it has been since 1973 when Trump was in office but leftists dont work, they redistribute working peoples money to themselves.

 

[rightwinger]

yawn, always blame the Republicans or Trump. The job market was the best it has been since 1973 when Trump was in office but leftists dont work, they redistribute working peoples money to themselves.

Obama added more jobs and Biden has the most employed in history