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The fruits of W Bush were war, recession, and mass illegal immigrants... LOL
No, you dunce.....it was the result of Democrats insisting on NINJA loan policies.
"‘Reckless Endangerment’ by Gretchen Morgenson and Joshua Rosner
1. 'In “Reckless Endangerment,” Gretchen Morgenson and Joshua Rosner argue that cozy connections between government and the financial industry were the primary cause of the financial crisis. In a series of clearly written narratives with many names, dates and figures, they show that government officials took actions that benefited well-connected individuals, who in turn helped the government officials. This mutual support system thwarted good economic policies and encouraged reckless ones. It thereby brought on the crisis, sending the economy into a tailspin.'
‘Reckless Endangerment’ by Gretchen Morgenson and Joshua Rosner
2. "The Republican Party and especially its Tea Party wing have just acquired a new weapon of mass destruction — and it has nothing to do with any of Congressman Wiener’s rogue body parts. If they deploy this weapon effectively in the next election cycle — a big if — then they have the biggest opportunity to move the country rightward since Ronald Reagan took the oath of office back in 1981.
3. The Tea Party WMD stockpile is currently stored in book form: Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon. By Gretchen Morgenson, one of America’s best business journalists who is currently at The New York Times, and noted financial analyst Joshua Rosner, Reckless Endangerment gives the best available account of how the growing chaos in the mortgage and personal finance markets and the rampant bundling of dubious loans into exotically toxic securities plunged the world, and millions of American families, into the gravest financial crisis since World War Two.
4. The villains? An unholy alliance between Wall Street, the Democratic establishment, community organizing groups like ACORN and La Raza, and politicians like Barney Frank, Nancy Pelosi and Henry Cisneros. (Frank got a cushy job for a lover, Pelosi got a job and layoff protection for a son, Cisneros apparently got a license to mint money bilking Mexican-Americans of their life savings in cheesy housing developments.)
5. If the GOP can make this narrative mainstream, and put this picture into the heads of voters nationwide, the Democrats are toast.
6. If Morgenstern and Rosner are to be believed, the American dream didn’t die of old age; it was murdered and most of the fingerprints on the corpse come from Democratic insiders. Democratic power brokers stoked the housing bubble and turned a blind eye to the increasingly rampant corruption and incompetence at Fannie Mae and the associated predatory lenders who sheltered under its umbrella; core Democratic ideas may well be at fault.
7. Big government, affirmative action and influence peddling among Democratic insiders came within inches of smashing the US economy.
8. The Great Villain, the man who almost ruined America according to the book, is James Johnson, long one of the most important members of the Democratic establishment. ...Barack Obama, impressed by this track record of discernment, reportedly asked him to lead Obama’s search in 2008 ...
9. Politically, this story is a killer app for the GOP. It demonizes Dems, lends itself to attack ads, divides Democrats between their Wall Street and union bases, and combines GOP hate figures in ways calculated to unify the GOP and heighten the intensity of the faithful. The story illustrates everything the Tea Party thinks about the corrupt Washington establishment and the evils of big government. It demonstrates the limits on the ability of government programs to help the poor.
10. ...if the GOP plays its cards right, Fanniegate could push this country into a new political era."
Fanniegate: Gamechanger For The GOP? | Via Meadia
http://blogs.the-american-interest.com/wrm/2011/06/07/fanniegate-gamechanger-for-the-gop
The fruits of W Bush were war, recession, and mass illegal immigrants... LOL
No, you dunce.....it was the result of Democrats insisting on NINJA loan policies.
"‘Reckless Endangerment’ by Gretchen Morgenson and Joshua Rosner
1. 'In “Reckless Endangerment,” Gretchen Morgenson and Joshua Rosner argue that cozy connections between government and the financial industry were the primary cause of the financial crisis. In a series of clearly written narratives with many names, dates and figures, they show that government officials took actions that benefited well-connected individuals, who in turn helped the government officials. This mutual support system thwarted good economic policies and encouraged reckless ones. It thereby brought on the crisis, sending the economy into a tailspin.'
‘Reckless Endangerment’ by Gretchen Morgenson and Joshua Rosner
2. "The Republican Party and especially its Tea Party wing have just acquired a new weapon of mass destruction — and it has nothing to do with any of Congressman Wiener’s rogue body parts. If they deploy this weapon effectively in the next election cycle — a big if — then they have the biggest opportunity to move the country rightward since Ronald Reagan took the oath of office back in 1981.
3. The Tea Party WMD stockpile is currently stored in book form: Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon. By Gretchen Morgenson, one of America’s best business journalists who is currently at The New York Times, and noted financial analyst Joshua Rosner, Reckless Endangerment gives the best available account of how the growing chaos in the mortgage and personal finance markets and the rampant bundling of dubious loans into exotically toxic securities plunged the world, and millions of American families, into the gravest financial crisis since World War Two.
4. The villains? An unholy alliance between Wall Street, the Democratic establishment, community organizing groups like ACORN and La Raza, and politicians like Barney Frank, Nancy Pelosi and Henry Cisneros. (Frank got a cushy job for a lover, Pelosi got a job and layoff protection for a son, Cisneros apparently got a license to mint money bilking Mexican-Americans of their life savings in cheesy housing developments.)
5. If the GOP can make this narrative mainstream, and put this picture into the heads of voters nationwide, the Democrats are toast.
6. If Morgenstern and Rosner are to be believed, the American dream didn’t die of old age; it was murdered and most of the fingerprints on the corpse come from Democratic insiders. Democratic power brokers stoked the housing bubble and turned a blind eye to the increasingly rampant corruption and incompetence at Fannie Mae and the associated predatory lenders who sheltered under its umbrella; core Democratic ideas may well be at fault.
7. Big government, affirmative action and influence peddling among Democratic insiders came within inches of smashing the US economy.
8. The Great Villain, the man who almost ruined America according to the book, is James Johnson, long one of the most important members of the Democratic establishment. ...Barack Obama, impressed by this track record of discernment, reportedly asked him to lead Obama’s search in 2008 ...
9. Politically, this story is a killer app for the GOP. It demonizes Dems, lends itself to attack ads, divides Democrats between their Wall Street and union bases, and combines GOP hate figures in ways calculated to unify the GOP and heighten the intensity of the faithful. The story illustrates everything the Tea Party thinks about the corrupt Washington establishment and the evils of big government. It demonstrates the limits on the ability of government programs to help the poor.
10. ...if the GOP plays its cards right, Fanniegate could push this country into a new political era."
Fanniegate: Gamechanger For The GOP? | Via Meadia
http://blogs.the-american-interest.com/wrm/2011/06/07/fanniegate-gamechanger-for-the-gop
A lot of the housing bubble being propped up artificially have a lot to do with over-investment of the market, (Clearly)
Under W Bush's regime a mix of lowering interest rates, lowering taxes on mostly the rich, and promoting the lower class to get homes obviously caused a lot of over-investment in the housing market, thus a bubble that burst into a bad economy I.E W Bush's recession..
No, actually it wasnt. I own all of you when you stick to that fucking cliche, so get ready to get your ignorant stupid commie ass kicked."California also set a new record last month. The Golden State’s unemployment rate stands at 4.1 percent, according to the Bureau of Labor Statistics (BLS). That’s the lowest rate recorded since BLS began keeping track of state-level unemployment figures in 1976, and it’s a third of the 12.3 percent unemployment rate California notched at the height of the recession in December 2010."
Ibid.
Under Obama.....12.3 % unemployed
Under Trump.....4.1%
You Will Know Them by Their Fruits
LOL, Yeah , oh so honest, sure.. except it was W Bush's recession that caused the skyrocketing unemployment.
The economy was actually quite strong at the end of 2006. Unemployment was at 4.6 percent and the dow was strong.
Then Pelosi and the democrats took over the House and the democrats won the Senate. Democrats had control of congress from 2007 to 2010. What happened to the economy during that time moron?
I will be more specific for you loser. Who signed the Commodity Futures Modernization Act which exempted credit default swaps from regulation you loser? Hint, it was in December of 2000. You stupid ass moron.
Another clue loser. Who rewrote the Community Reinvestment Act which put pressure on banks to lend to low income neighborhoods? Hmmmm? Go ahead loser, answer that.
Why did the democrats ignore all 18 warnings in 2008 about the housing bubble? Hmmm?
You lost. You are a loser. How does it feel?
A mix of lowering interest rates, lowering taxes on mostly the rich, the relaxed banking regulations just before W Bush, and a W Bush plan to promote home ownership to people who often could not afford it, most certainly played a massive role in the housing market bubble, and bust, and thus W Bush's recession.
Why deny the obvious?
Gads, you're a dunce.
"Democrats Were Wrong on Fannie Mae and Freddie Mac
The White House called for tighter regulation 17 times.
Seventeen. That's how many times, according to this White House statement (hat tip Gateway Pundit), that the Bush administration has called for tighter regulation of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.
Much if not all of that could have been prevented by a bill cosponsored by John McCain and supported by all the Republicans and opposed by all the Democrats in the Senate Banking Committee in 2005. That bill, which the Democrats stopped from passing, would have prohibited the GSEs from speculating on the mortgage-based securities they packaged. The GSEs' mission allegedly justifying their quasi-governmental status was to package or securitize such mortgages, but the lion's share of their profits—which determined top executives' bonuses—came from speculation." http://www.usnews.com/opinion/blogs...rats-were-wrong-on-fannie-mae-and-freddie-mac
"Yet Barney Frank and his chums blocked all Bush's attempts to put a rein on Raines. During the House Financial Services Committee hearing following Bush's initiative, Frank declared: "The more people exaggerate a threat of safety and soundness [at Freddie Mac and Fannie Mae], the more people conjure up the possibility of serious financial losses to the Treasury which I do not see. I think we see entities that are fundamentally sound financially." His colleague on the committee, the California Democrat Maxine Walters, said: "There were nearly a dozen hearings where we were trying to fix something that wasn't broke. Mr Chairman, we do not have a crisis at Freddie Mac and particularly at Fannie Mae under the outstanding leadership of Mr Franklin Raines."
Bubble Meter: Barney Frank and Christopher Dodd deserve blame for Fannie and Freddie
The fruits of W Bush were war, recession, and mass illegal immigrants... LOL
No, you dunce.....it was the result of Democrats insisting on NINJA loan policies.
"‘Reckless Endangerment’ by Gretchen Morgenson and Joshua Rosner
1. 'In “Reckless Endangerment,” Gretchen Morgenson and Joshua Rosner argue that cozy connections between government and the financial industry were the primary cause of the financial crisis. In a series of clearly written narratives with many names, dates and figures, they show that government officials took actions that benefited well-connected individuals, who in turn helped the government officials. This mutual support system thwarted good economic policies and encouraged reckless ones. It thereby brought on the crisis, sending the economy into a tailspin.'
‘Reckless Endangerment’ by Gretchen Morgenson and Joshua Rosner
2. "The Republican Party and especially its Tea Party wing have just acquired a new weapon of mass destruction — and it has nothing to do with any of Congressman Wiener’s rogue body parts. If they deploy this weapon effectively in the next election cycle — a big if — then they have the biggest opportunity to move the country rightward since Ronald Reagan took the oath of office back in 1981.
3. The Tea Party WMD stockpile is currently stored in book form: Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon. By Gretchen Morgenson, one of America’s best business journalists who is currently at The New York Times, and noted financial analyst Joshua Rosner, Reckless Endangerment gives the best available account of how the growing chaos in the mortgage and personal finance markets and the rampant bundling of dubious loans into exotically toxic securities plunged the world, and millions of American families, into the gravest financial crisis since World War Two.
4. The villains? An unholy alliance between Wall Street, the Democratic establishment, community organizing groups like ACORN and La Raza, and politicians like Barney Frank, Nancy Pelosi and Henry Cisneros. (Frank got a cushy job for a lover, Pelosi got a job and layoff protection for a son, Cisneros apparently got a license to mint money bilking Mexican-Americans of their life savings in cheesy housing developments.)
5. If the GOP can make this narrative mainstream, and put this picture into the heads of voters nationwide, the Democrats are toast.
6. If Morgenstern and Rosner are to be believed, the American dream didn’t die of old age; it was murdered and most of the fingerprints on the corpse come from Democratic insiders. Democratic power brokers stoked the housing bubble and turned a blind eye to the increasingly rampant corruption and incompetence at Fannie Mae and the associated predatory lenders who sheltered under its umbrella; core Democratic ideas may well be at fault.
7. Big government, affirmative action and influence peddling among Democratic insiders came within inches of smashing the US economy.
8. The Great Villain, the man who almost ruined America according to the book, is James Johnson, long one of the most important members of the Democratic establishment. ...Barack Obama, impressed by this track record of discernment, reportedly asked him to lead Obama’s search in 2008 ...
9. Politically, this story is a killer app for the GOP. It demonizes Dems, lends itself to attack ads, divides Democrats between their Wall Street and union bases, and combines GOP hate figures in ways calculated to unify the GOP and heighten the intensity of the faithful. The story illustrates everything the Tea Party thinks about the corrupt Washington establishment and the evils of big government. It demonstrates the limits on the ability of government programs to help the poor.
10. ...if the GOP plays its cards right, Fanniegate could push this country into a new political era."
Fanniegate: Gamechanger For The GOP? | Via Meadia
http://blogs.the-american-interest.com/wrm/2011/06/07/fanniegate-gamechanger-for-the-gop
A lot of the housing bubble being propped up artificially have a lot to do with over-investment of the market, (Clearly)
Under W Bush's regime a mix of lowering interest rates, lowering taxes on mostly the rich, and promoting the lower class to get homes obviously caused a lot of over-investment in the housing market, thus a bubble that burst into a bad economy I.E W Bush's recession..
Congrats!!!!!!
You just proved you can't read.
You are full of shit. Take your bag of cliches and your pathetic commie propaganda about tax relief for the rich and shove it high and deep.No, actually it wasnt. I own all of you when you stick to that fucking cliche, so get ready to get your ignorant stupid commie ass kicked."California also set a new record last month. The Golden State’s unemployment rate stands at 4.1 percent, according to the Bureau of Labor Statistics (BLS). That’s the lowest rate recorded since BLS began keeping track of state-level unemployment figures in 1976, and it’s a third of the 12.3 percent unemployment rate California notched at the height of the recession in December 2010."
Ibid.
Under Obama.....12.3 % unemployed
Under Trump.....4.1%
You Will Know Them by Their Fruits
LOL, Yeah , oh so honest, sure.. except it was W Bush's recession that caused the skyrocketing unemployment.
The economy was actually quite strong at the end of 2006. Unemployment was at 4.6 percent and the dow was strong.
Then Pelosi and the democrats took over the House and the democrats won the Senate. Democrats had control of congress from 2007 to 2010. What happened to the economy during that time moron?
I will be more specific for you loser. Who signed the Commodity Futures Modernization Act which exempted credit default swaps from regulation you loser? Hint, it was in December of 2000. You stupid ass moron.
Another clue loser. Who rewrote the Community Reinvestment Act which put pressure on banks to lend to low income neighborhoods? Hmmmm? Go ahead loser, answer that.
Why did the democrats ignore all 18 warnings in 2008 about the housing bubble? Hmmm?
You lost. You are a loser. How does it feel?
A mix of lowering interest rates, lowering taxes on mostly the rich, the relaxed banking regulations just before W Bush, and a W Bush plan to promote home ownership to people who often could not afford it, most certainly played a massive role in the housing market bubble, and bust, and thus W Bush's recession.
Why deny the obvious?
Who rewrote the Community Reinvestment Act?The fruits of W Bush were war, recession, and mass illegal immigrants... LOL
No, you dunce.....it was the result of Democrats insisting on NINJA loan policies.
"‘Reckless Endangerment’ by Gretchen Morgenson and Joshua Rosner
1. 'In “Reckless Endangerment,” Gretchen Morgenson and Joshua Rosner argue that cozy connections between government and the financial industry were the primary cause of the financial crisis. In a series of clearly written narratives with many names, dates and figures, they show that government officials took actions that benefited well-connected individuals, who in turn helped the government officials. This mutual support system thwarted good economic policies and encouraged reckless ones. It thereby brought on the crisis, sending the economy into a tailspin.'
‘Reckless Endangerment’ by Gretchen Morgenson and Joshua Rosner
2. "The Republican Party and especially its Tea Party wing have just acquired a new weapon of mass destruction — and it has nothing to do with any of Congressman Wiener’s rogue body parts. If they deploy this weapon effectively in the next election cycle — a big if — then they have the biggest opportunity to move the country rightward since Ronald Reagan took the oath of office back in 1981.
3. The Tea Party WMD stockpile is currently stored in book form: Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon. By Gretchen Morgenson, one of America’s best business journalists who is currently at The New York Times, and noted financial analyst Joshua Rosner, Reckless Endangerment gives the best available account of how the growing chaos in the mortgage and personal finance markets and the rampant bundling of dubious loans into exotically toxic securities plunged the world, and millions of American families, into the gravest financial crisis since World War Two.
4. The villains? An unholy alliance between Wall Street, the Democratic establishment, community organizing groups like ACORN and La Raza, and politicians like Barney Frank, Nancy Pelosi and Henry Cisneros. (Frank got a cushy job for a lover, Pelosi got a job and layoff protection for a son, Cisneros apparently got a license to mint money bilking Mexican-Americans of their life savings in cheesy housing developments.)
5. If the GOP can make this narrative mainstream, and put this picture into the heads of voters nationwide, the Democrats are toast.
6. If Morgenstern and Rosner are to be believed, the American dream didn’t die of old age; it was murdered and most of the fingerprints on the corpse come from Democratic insiders. Democratic power brokers stoked the housing bubble and turned a blind eye to the increasingly rampant corruption and incompetence at Fannie Mae and the associated predatory lenders who sheltered under its umbrella; core Democratic ideas may well be at fault.
7. Big government, affirmative action and influence peddling among Democratic insiders came within inches of smashing the US economy.
8. The Great Villain, the man who almost ruined America according to the book, is James Johnson, long one of the most important members of the Democratic establishment. ...Barack Obama, impressed by this track record of discernment, reportedly asked him to lead Obama’s search in 2008 ...
9. Politically, this story is a killer app for the GOP. It demonizes Dems, lends itself to attack ads, divides Democrats between their Wall Street and union bases, and combines GOP hate figures in ways calculated to unify the GOP and heighten the intensity of the faithful. The story illustrates everything the Tea Party thinks about the corrupt Washington establishment and the evils of big government. It demonstrates the limits on the ability of government programs to help the poor.
10. ...if the GOP plays its cards right, Fanniegate could push this country into a new political era."
Fanniegate: Gamechanger For The GOP? | Via Meadia
http://blogs.the-american-interest.com/wrm/2011/06/07/fanniegate-gamechanger-for-the-gop
A lot of the housing bubble being propped up artificially have a lot to do with over-investment of the market, (Clearly)
Under W Bush's regime a mix of lowering interest rates, lowering taxes on mostly the rich, and promoting the lower class to get homes obviously caused a lot of over-investment in the housing market, thus a bubble that burst into a bad economy I.E W Bush's recession..
Congrats!!!!!!
You just proved you can't read.
What did W Bush do to stop these "NINJA loan policies." exactly?
He embraced them.. LOL... FAIL.
You are full of shit. Take your bag of cliches and your pathetic commie propaganda about tax relief for the rich and shove it high and deep.No, actually it wasnt. I own all of you when you stick to that fucking cliche, so get ready to get your ignorant stupid commie ass kicked."California also set a new record last month. The Golden State’s unemployment rate stands at 4.1 percent, according to the Bureau of Labor Statistics (BLS). That’s the lowest rate recorded since BLS began keeping track of state-level unemployment figures in 1976, and it’s a third of the 12.3 percent unemployment rate California notched at the height of the recession in December 2010."
Ibid.
Under Obama.....12.3 % unemployed
Under Trump.....4.1%
You Will Know Them by Their Fruits
LOL, Yeah , oh so honest, sure.. except it was W Bush's recession that caused the skyrocketing unemployment.
The economy was actually quite strong at the end of 2006. Unemployment was at 4.6 percent and the dow was strong.
Then Pelosi and the democrats took over the House and the democrats won the Senate. Democrats had control of congress from 2007 to 2010. What happened to the economy during that time moron?
I will be more specific for you loser. Who signed the Commodity Futures Modernization Act which exempted credit default swaps from regulation you loser? Hint, it was in December of 2000. You stupid ass moron.
Another clue loser. Who rewrote the Community Reinvestment Act which put pressure on banks to lend to low income neighborhoods? Hmmmm? Go ahead loser, answer that.
Why did the democrats ignore all 18 warnings in 2008 about the housing bubble? Hmmm?
You lost. You are a loser. How does it feel?
A mix of lowering interest rates, lowering taxes on mostly the rich, the relaxed banking regulations just before W Bush, and a W Bush plan to promote home ownership to people who often could not afford it, most certainly played a massive role in the housing market bubble, and bust, and thus W Bush's recession.
Why deny the obvious?
You think your pathetic robin hood fairy tale is going to work on me?
The fruits of W Bush were war, recession, and mass illegal immigrants... LOL
No, you dunce.....it was the result of Democrats insisting on NINJA loan policies.
"‘Reckless Endangerment’ by Gretchen Morgenson and Joshua Rosner
1. 'In “Reckless Endangerment,” Gretchen Morgenson and Joshua Rosner argue that cozy connections between government and the financial industry were the primary cause of the financial crisis. In a series of clearly written narratives with many names, dates and figures, they show that government officials took actions that benefited well-connected individuals, who in turn helped the government officials. This mutual support system thwarted good economic policies and encouraged reckless ones. It thereby brought on the crisis, sending the economy into a tailspin.'
‘Reckless Endangerment’ by Gretchen Morgenson and Joshua Rosner
2. "The Republican Party and especially its Tea Party wing have just acquired a new weapon of mass destruction — and it has nothing to do with any of Congressman Wiener’s rogue body parts. If they deploy this weapon effectively in the next election cycle — a big if — then they have the biggest opportunity to move the country rightward since Ronald Reagan took the oath of office back in 1981.
3. The Tea Party WMD stockpile is currently stored in book form: Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon. By Gretchen Morgenson, one of America’s best business journalists who is currently at The New York Times, and noted financial analyst Joshua Rosner, Reckless Endangerment gives the best available account of how the growing chaos in the mortgage and personal finance markets and the rampant bundling of dubious loans into exotically toxic securities plunged the world, and millions of American families, into the gravest financial crisis since World War Two.
4. The villains? An unholy alliance between Wall Street, the Democratic establishment, community organizing groups like ACORN and La Raza, and politicians like Barney Frank, Nancy Pelosi and Henry Cisneros. (Frank got a cushy job for a lover, Pelosi got a job and layoff protection for a son, Cisneros apparently got a license to mint money bilking Mexican-Americans of their life savings in cheesy housing developments.)
5. If the GOP can make this narrative mainstream, and put this picture into the heads of voters nationwide, the Democrats are toast.
6. If Morgenstern and Rosner are to be believed, the American dream didn’t die of old age; it was murdered and most of the fingerprints on the corpse come from Democratic insiders. Democratic power brokers stoked the housing bubble and turned a blind eye to the increasingly rampant corruption and incompetence at Fannie Mae and the associated predatory lenders who sheltered under its umbrella; core Democratic ideas may well be at fault.
7. Big government, affirmative action and influence peddling among Democratic insiders came within inches of smashing the US economy.
8. The Great Villain, the man who almost ruined America according to the book, is James Johnson, long one of the most important members of the Democratic establishment. ...Barack Obama, impressed by this track record of discernment, reportedly asked him to lead Obama’s search in 2008 ...
9. Politically, this story is a killer app for the GOP. It demonizes Dems, lends itself to attack ads, divides Democrats between their Wall Street and union bases, and combines GOP hate figures in ways calculated to unify the GOP and heighten the intensity of the faithful. The story illustrates everything the Tea Party thinks about the corrupt Washington establishment and the evils of big government. It demonstrates the limits on the ability of government programs to help the poor.
10. ...if the GOP plays its cards right, Fanniegate could push this country into a new political era."
Fanniegate: Gamechanger For The GOP? | Via Meadia
http://blogs.the-american-interest.com/wrm/2011/06/07/fanniegate-gamechanger-for-the-gop
A lot of the housing bubble being propped up artificially have a lot to do with over-investment of the market, (Clearly)
Under W Bush's regime a mix of lowering interest rates, lowering taxes on mostly the rich, and promoting the lower class to get homes obviously caused a lot of over-investment in the housing market, thus a bubble that burst into a bad economy I.E W Bush's recession..
Congrats!!!!!!
You just proved you can't read.
What did W Bush do to stop these "NINJA loan policies." exactly?
He embraced them.. LOL... FAIL.
Yup.....as true as it was written in the Book of Matthew.
Whose 'fruits'?
Those of Liberals, vs. those of conservatives, specifically the results of massive government interference in the free market.
On the one hand, Barack Hussein Obama came on board, and perpetuated a recession, just as FDR did, with idiotic redistributionist policies and the $800 k 'Stimulus' which did nothing but enrich his pals, who kicked back payoffs to the Democrats.
Trump ran on removing the impediments....regulations.....and these are the 'fruits:'
"14 states hit record-low unemployment
Fourteen states have set new records for low unemployment rates in the last year, nearly a decade after the recession put millions of Americans out of work.
The states hitting new unemployment lows run the ideological gamut, from conservative Texas to liberal California, suggesting a recovery stronger than any particular political persuasion."
14 states hit record-low unemployment
I believe Kanye West noted this...
"Don't Look Now, But Minority Unemployment Is At Record Lows Under Trump"
Don't Look Now, But Minority Unemployment Is At Record Lows Under Trump | Investor's Business Daily
How about another Bible quote....
The heart of the wise inclines to the right, but the heart of the fool to the left.
Ecclesiastes 10:2
Who rewrote the Community Reinvestment Act?The fruits of W Bush were war, recession, and mass illegal immigrants... LOL
No, you dunce.....it was the result of Democrats insisting on NINJA loan policies.
"‘Reckless Endangerment’ by Gretchen Morgenson and Joshua Rosner
1. 'In “Reckless Endangerment,” Gretchen Morgenson and Joshua Rosner argue that cozy connections between government and the financial industry were the primary cause of the financial crisis. In a series of clearly written narratives with many names, dates and figures, they show that government officials took actions that benefited well-connected individuals, who in turn helped the government officials. This mutual support system thwarted good economic policies and encouraged reckless ones. It thereby brought on the crisis, sending the economy into a tailspin.'
‘Reckless Endangerment’ by Gretchen Morgenson and Joshua Rosner
2. "The Republican Party and especially its Tea Party wing have just acquired a new weapon of mass destruction — and it has nothing to do with any of Congressman Wiener’s rogue body parts. If they deploy this weapon effectively in the next election cycle — a big if — then they have the biggest opportunity to move the country rightward since Ronald Reagan took the oath of office back in 1981.
3. The Tea Party WMD stockpile is currently stored in book form: Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon. By Gretchen Morgenson, one of America’s best business journalists who is currently at The New York Times, and noted financial analyst Joshua Rosner, Reckless Endangerment gives the best available account of how the growing chaos in the mortgage and personal finance markets and the rampant bundling of dubious loans into exotically toxic securities plunged the world, and millions of American families, into the gravest financial crisis since World War Two.
4. The villains? An unholy alliance between Wall Street, the Democratic establishment, community organizing groups like ACORN and La Raza, and politicians like Barney Frank, Nancy Pelosi and Henry Cisneros. (Frank got a cushy job for a lover, Pelosi got a job and layoff protection for a son, Cisneros apparently got a license to mint money bilking Mexican-Americans of their life savings in cheesy housing developments.)
5. If the GOP can make this narrative mainstream, and put this picture into the heads of voters nationwide, the Democrats are toast.
6. If Morgenstern and Rosner are to be believed, the American dream didn’t die of old age; it was murdered and most of the fingerprints on the corpse come from Democratic insiders. Democratic power brokers stoked the housing bubble and turned a blind eye to the increasingly rampant corruption and incompetence at Fannie Mae and the associated predatory lenders who sheltered under its umbrella; core Democratic ideas may well be at fault.
7. Big government, affirmative action and influence peddling among Democratic insiders came within inches of smashing the US economy.
8. The Great Villain, the man who almost ruined America according to the book, is James Johnson, long one of the most important members of the Democratic establishment. ...Barack Obama, impressed by this track record of discernment, reportedly asked him to lead Obama’s search in 2008 ...
9. Politically, this story is a killer app for the GOP. It demonizes Dems, lends itself to attack ads, divides Democrats between their Wall Street and union bases, and combines GOP hate figures in ways calculated to unify the GOP and heighten the intensity of the faithful. The story illustrates everything the Tea Party thinks about the corrupt Washington establishment and the evils of big government. It demonstrates the limits on the ability of government programs to help the poor.
10. ...if the GOP plays its cards right, Fanniegate could push this country into a new political era."
Fanniegate: Gamechanger For The GOP? | Via Meadia
http://blogs.the-american-interest.com/wrm/2011/06/07/fanniegate-gamechanger-for-the-gop
A lot of the housing bubble being propped up artificially have a lot to do with over-investment of the market, (Clearly)
Under W Bush's regime a mix of lowering interest rates, lowering taxes on mostly the rich, and promoting the lower class to get homes obviously caused a lot of over-investment in the housing market, thus a bubble that burst into a bad economy I.E W Bush's recession..
Congrats!!!!!!
You just proved you can't read.
What did W Bush do to stop these "NINJA loan policies." exactly?
He embraced them.. LOL... FAIL.
You lost. I am not repeating myself moron.
Yup.....as true as it was written in the Book of Matthew.
Whose 'fruits'?
Those of Liberals, vs. those of conservatives, specifically the results of massive government interference in the free market.
On the one hand, Barack Hussein Obama came on board, and perpetuated a recession, just as FDR did, with idiotic redistributionist policies and the $800 k 'Stimulus' which did nothing but enrich his pals, who kicked back payoffs to the Democrats.
Trump ran on removing the impediments....regulations.....and these are the 'fruits:'
"14 states hit record-low unemployment
Fourteen states have set new records for low unemployment rates in the last year, nearly a decade after the recession put millions of Americans out of work.
The states hitting new unemployment lows run the ideological gamut, from conservative Texas to liberal California, suggesting a recovery stronger than any particular political persuasion."
14 states hit record-low unemployment
I believe Kanye West noted this...
"Don't Look Now, But Minority Unemployment Is At Record Lows Under Trump"
Don't Look Now, But Minority Unemployment Is At Record Lows Under Trump | Investor's Business Daily
How about another Bible quote....
The heart of the wise inclines to the right, but the heart of the fool to the left.
Ecclesiastes 10:2
So the evangelicals have embraced Trump. Which of these do you feel he exemplifies?
Love
Joy
Peace
Long-suffering
Gentleness
Goodness
Meekness
Temperance
Faith
I don't see any. I do see plenty of the reverse, though.
And it'd take a special kind of stupid to believe that blather about left and right in the bible.
Yup.....as true as it was written in the Book of Matthew.
Whose 'fruits'?
Those of Liberals, vs. those of conservatives, specifically the results of massive government interference in the free market.
On the one hand, Barack Hussein Obama came on board, and perpetuated a recession, just as FDR did, with idiotic redistributionist policies and the $800 k 'Stimulus' which did nothing but enrich his pals, who kicked back payoffs to the Democrats.
Trump ran on removing the impediments....regulations.....and these are the 'fruits:'
"14 states hit record-low unemployment
Fourteen states have set new records for low unemployment rates in the last year, nearly a decade after the recession put millions of Americans out of work.
The states hitting new unemployment lows run the ideological gamut, from conservative Texas to liberal California, suggesting a recovery stronger than any particular political persuasion."
14 states hit record-low unemployment
I believe Kanye West noted this...
"Don't Look Now, But Minority Unemployment Is At Record Lows Under Trump"
Don't Look Now, But Minority Unemployment Is At Record Lows Under Trump | Investor's Business Daily
How about another Bible quote....
The heart of the wise inclines to the right, but the heart of the fool to the left.
Ecclesiastes 10:2
So the evangelicals have embraced Trump. Which of these do you feel he exemplifies?
Love
Joy
Peace
Long-suffering
Gentleness
Goodness
Meekness
Temperance
Faith
I don't see any. I do see plenty of the reverse, though.
And it'd take a special kind of stupid to believe that blather about left and right in the bible.
They wanted tighter regulations?No, actually it wasnt. I own all of you when you stick to that fucking cliche, so get ready to get your ignorant stupid commie ass kicked."California also set a new record last month. The Golden State’s unemployment rate stands at 4.1 percent, according to the Bureau of Labor Statistics (BLS). That’s the lowest rate recorded since BLS began keeping track of state-level unemployment figures in 1976, and it’s a third of the 12.3 percent unemployment rate California notched at the height of the recession in December 2010."
Ibid.
Under Obama.....12.3 % unemployed
Under Trump.....4.1%
You Will Know Them by Their Fruits
LOL, Yeah , oh so honest, sure.. except it was W Bush's recession that caused the skyrocketing unemployment.
The economy was actually quite strong at the end of 2006. Unemployment was at 4.6 percent and the dow was strong.
Then Pelosi and the democrats took over the House and the democrats won the Senate. Democrats had control of congress from 2007 to 2010. What happened to the economy during that time moron?
I will be more specific for you loser. Who signed the Commodity Futures Modernization Act which exempted credit default swaps from regulation you loser? Hint, it was in December of 2000. You stupid ass moron.
Another clue loser. Who rewrote the Community Reinvestment Act which put pressure on banks to lend to low income neighborhoods? Hmmmm? Go ahead loser, answer that.
Why did the democrats ignore all 18 warnings in 2008 about the housing bubble? Hmmm?
You lost. You are a loser. How does it feel?
A mix of lowering interest rates, lowering taxes on mostly the rich, the relaxed banking regulations just before W Bush, and a W Bush plan to promote home ownership to people who often could not afford it, most certainly played a massive role in the housing market bubble, and bust, and thus W Bush's recession.
Why deny the obvious?
Gads, you're a dunce.
"Democrats Were Wrong on Fannie Mae and Freddie Mac
The White House called for tighter regulation 17 times.
Seventeen. That's how many times, according to this White House statement (hat tip Gateway Pundit), that the Bush administration has called for tighter regulation of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.
Much if not all of that could have been prevented by a bill cosponsored by John McCain and supported by all the Republicans and opposed by all the Democrats in the Senate Banking Committee in 2005. That bill, which the Democrats stopped from passing, would have prohibited the GSEs from speculating on the mortgage-based securities they packaged. The GSEs' mission allegedly justifying their quasi-governmental status was to package or securitize such mortgages, but the lion's share of their profits—which determined top executives' bonuses—came from speculation." http://www.usnews.com/opinion/blogs...rats-were-wrong-on-fannie-mae-and-freddie-mac
"Yet Barney Frank and his chums blocked all Bush's attempts to put a rein on Raines. During the House Financial Services Committee hearing following Bush's initiative, Frank declared: "The more people exaggerate a threat of safety and soundness [at Freddie Mac and Fannie Mae], the more people conjure up the possibility of serious financial losses to the Treasury which I do not see. I think we see entities that are fundamentally sound financially." His colleague on the committee, the California Democrat Maxine Walters, said: "There were nearly a dozen hearings where we were trying to fix something that wasn't broke. Mr Chairman, we do not have a crisis at Freddie Mac and particularly at Fannie Mae under the outstanding leadership of Mr Franklin Raines."
Bubble Meter: Barney Frank and Christopher Dodd deserve blame for Fannie and Freddie
Yup.....as true as it was written in the Book of Matthew.
Whose 'fruits'?
Those of Liberals, vs. those of conservatives, specifically the results of massive government interference in the free market.
On the one hand, Barack Hussein Obama came on board, and perpetuated a recession, just as FDR did, with idiotic redistributionist policies and the $800 k 'Stimulus' which did nothing but enrich his pals, who kicked back payoffs to the Democrats.
Trump ran on removing the impediments....regulations.....and these are the 'fruits:'
"14 states hit record-low unemployment
Fourteen states have set new records for low unemployment rates in the last year, nearly a decade after the recession put millions of Americans out of work.
The states hitting new unemployment lows run the ideological gamut, from conservative Texas to liberal California, suggesting a recovery stronger than any particular political persuasion."
14 states hit record-low unemployment
I believe Kanye West noted this...
"Don't Look Now, But Minority Unemployment Is At Record Lows Under Trump"
Don't Look Now, But Minority Unemployment Is At Record Lows Under Trump | Investor's Business Daily
How about another Bible quote....
The heart of the wise inclines to the right, but the heart of the fool to the left.
Ecclesiastes 10:2
So the evangelicals have embraced Trump. Which of these do you feel he exemplifies?
Love
Joy
Peace
Long-suffering
Gentleness
Goodness
Meekness
Temperance
Faith
I don't see any. I do see plenty of the reverse, though.
And it'd take a special kind of stupid to believe that blather about left and right in the bible.
We asked our readers to give us their thoughts about Hillary Clinton and her impact on American culture. Between Aug. 10 and Aug. 18, we received 1,800 pro-Clinton and 3,019 anti-Clinton responses.
Most used words Responses to describe Hillary- LATimes
liar 1079
corrupt 1005
war 525
dnc 515
money 454
fraud 318
foundation 302
criminal 301
democracy 300
primary 299
Yup.....as true as it was written in the Book of Matthew.
Whose 'fruits'?
Those of Liberals, vs. those of conservatives, specifically the results of massive government interference in the free market.
On the one hand, Barack Hussein Obama came on board, and perpetuated a recession, just as FDR did, with idiotic redistributionist policies and the $800 k 'Stimulus' which did nothing but enrich his pals, who kicked back payoffs to the Democrats.
Trump ran on removing the impediments....regulations.....and these are the 'fruits:'
"14 states hit record-low unemployment
Fourteen states have set new records for low unemployment rates in the last year, nearly a decade after the recession put millions of Americans out of work.
The states hitting new unemployment lows run the ideological gamut, from conservative Texas to liberal California, suggesting a recovery stronger than any particular political persuasion."
14 states hit record-low unemployment
I believe Kanye West noted this...
"Don't Look Now, But Minority Unemployment Is At Record Lows Under Trump"
Don't Look Now, But Minority Unemployment Is At Record Lows Under Trump | Investor's Business Daily
How about another Bible quote....
The heart of the wise inclines to the right, but the heart of the fool to the left.
Ecclesiastes 10:2
So the evangelicals have embraced Trump. Which of these do you feel he exemplifies?
Love
Joy
Peace
Long-suffering
Gentleness
Goodness
Meekness
Temperance
Faith
I don't see any. I do see plenty of the reverse, though.
And it'd take a special kind of stupid to believe that blather about left and right in the bible.
Plllleeeeeeezzzzze try not to sound like a moron....
Could ya' do that for me???
When one begins with "So...." there is the implication that what follows is some iteration of the post to which you've linked.
Don't you know that???
The post that you linked to is about the beneficial effects of Trump policies.....enormously low unemployment rates.
One must conclude that you are a moron, and....that you cannot bear how abysmal Trump makes the snake, Hussein Obama, appear in the office of a President.
Wise up.
Yup.....as true as it was written in the Book of Matthew.
Whose 'fruits'?
Those of Liberals, vs. those of conservatives, specifically the results of massive government interference in the free market.
On the one hand, Barack Hussein Obama came on board, and perpetuated a recession, just as FDR did, with idiotic redistributionist policies and the $800 k 'Stimulus' which did nothing but enrich his pals, who kicked back payoffs to the Democrats.
Trump ran on removing the impediments....regulations.....and these are the 'fruits:'
"14 states hit record-low unemployment
Fourteen states have set new records for low unemployment rates in the last year, nearly a decade after the recession put millions of Americans out of work.
The states hitting new unemployment lows run the ideological gamut, from conservative Texas to liberal California, suggesting a recovery stronger than any particular political persuasion."
14 states hit record-low unemployment
I believe Kanye West noted this...
"Don't Look Now, But Minority Unemployment Is At Record Lows Under Trump"
Don't Look Now, But Minority Unemployment Is At Record Lows Under Trump | Investor's Business Daily
How about another Bible quote....
The heart of the wise inclines to the right, but the heart of the fool to the left.
Ecclesiastes 10:2
So the evangelicals have embraced Trump. Which of these do you feel he exemplifies?
Love
Joy
Peace
Long-suffering
Gentleness
Goodness
Meekness
Temperance
Faith
I don't see any. I do see plenty of the reverse, though.
And it'd take a special kind of stupid to believe that blather about left and right in the bible.
We asked our readers to give us their thoughts about Hillary Clinton and her impact on American culture. Between Aug. 10 and Aug. 18, we received 1,800 pro-Clinton and 3,019 anti-Clinton responses.
Most used words Responses to describe Hillary- LATimes
liar 1079
corrupt 1005
war 525
dnc 515
money 454
fraud 318
foundation 302
criminal 301
democracy 300
primary 299
Yup.....as true as it was written in the Book of Matthew.
Whose 'fruits'?
Those of Liberals, vs. those of conservatives, specifically the results of massive government interference in the free market.
On the one hand, Barack Hussein Obama came on board, and perpetuated a recession, just as FDR did, with idiotic redistributionist policies and the $800 k 'Stimulus' which did nothing but enrich his pals, who kicked back payoffs to the Democrats.
Trump ran on removing the impediments....regulations.....and these are the 'fruits:'
"14 states hit record-low unemployment
Fourteen states have set new records for low unemployment rates in the last year, nearly a decade after the recession put millions of Americans out of work.
The states hitting new unemployment lows run the ideological gamut, from conservative Texas to liberal California, suggesting a recovery stronger than any particular political persuasion."
14 states hit record-low unemployment
I believe Kanye West noted this...
"Don't Look Now, But Minority Unemployment Is At Record Lows Under Trump"
Don't Look Now, But Minority Unemployment Is At Record Lows Under Trump | Investor's Business Daily
How about another Bible quote....
The heart of the wise inclines to the right, but the heart of the fool to the left.
Ecclesiastes 10:2
So the evangelicals have embraced Trump. Which of these do you feel he exemplifies?
Love
Joy
Peace
Long-suffering
Gentleness
Goodness
Meekness
Temperance
Faith
I don't see any. I do see plenty of the reverse, though.
And it'd take a special kind of stupid to believe that blather about left and right in the bible.
Plllleeeeeeezzzzze try not to sound like a moron....
Could ya' do that for me???
When one begins with "So...." there is the implication that what follows is some iteration of the post to which you've linked.
Don't you know that???
The post that you linked to is about the beneficial effects of Trump policies.....enormously low unemployment rates.
One must conclude that you are a moron, and....that you cannot bear how abysmal Trump makes the snake, Hussein Obama, appear in the office of a President.
Wise up.
Really? Because you were talking about the fruits of the spirit. But you only want to talk about them in the way YOU want to talk about them? Well, hell! Do feel free to carry on.
