Could a Hillary Vote Bring Us Another Clinton Economic Boom?

[CherryPanda]

Hillary Clinton should thank Barack Obama for beating her in 2008. Every day.

Not only does the former first lady and U.S. Secretary of State appear as well-positioned as any candidate to capture the presidency in 2016, but her arrival in the Oval Office could well coincide with tailwinds that the U.S. economy has not seen since, well, the last time a Clinton occupied the White House.

Are we getting ahead of ourselves? Absolutely. A lot can happen in three years, but there’s one scenario for 2017 that should be staring all would-be prognosticators in the face: The very real possibility of another Clinton economic boom like the U.S. experienced in the 1990s.

Here are five key economic and political trends that should leave Camp Clinton giddy — and the GOP scared out of its mind — when it comes to the next presidential election.

Could a Hillary Vote Bring Us Another Clinton Economic Boom Fast Forward OZY

Don’t know, if it’s the right sub forum for this discussion, the article is about both economy and Hillary, so…

The author of this story tells us that we can expect another economy boom. And what’s more interesting, the manufacturing will come back to US, as well as loads of capital. And, all in all, this will help Hillary to win the game. Too bad, the last trend, about Republicans losing their influence in the White House, turned out to be not that close to the reality, but a year ago the guy just couldn’t predict the results of the Congress elections.

All in all, though the article is very encouraging, I feel like none of it can come true. And you?

 

[CrusaderFrank]

I thought food stamps and unemployment drove the Democrat economy?

 

[Soggy in NOLA]

Hardly.. she's about as damaged a candidate as we've seen.

 

[blackhawk]

The problem is that Hillary is not Bill while Bill has his flaws on the personal front he was a skilled politician who was able to work across the aisle so far Hillary has shown none of that.

 

[TheOldSchool]

Well if conservatives are right and Hillary secretly rules the universe, then I could definitely see how that could benefit the U.S.

 

[Toddsterpatriot]

No. Hillary will not benefit from the invention of the internet, like Slick.

 

[g5000]

There is indeed a Big Blue Wall the Republicans have to overcome in 2016.

Probably the most important thing the Republican party needs to do is to dump the constant whining and pessimism and fearmongering.

 

[whitehall]

Clinton gave us the economic collapse of Fannie Mae. During his first term democrats decided that every American should be able to achieve the "American dream" of owning his own home regardless of his ability to pay. Under the democrat plan banks were forced to make bad loans or risk civil rights litigation. The bad loans were bundled with good loans and sold back to mortgage brokers by Fannie Mae as good loans. The scheme worked until Clinton was out of office. During the Clinton administration the economy rested on a fake "dot-com" bubble and crooked companies like Enron operated without scrutiny from the Clinton administration. On his last day in office Clinton pardoned the most notorious corporate pirate in history at that time in exchange for a couple of bucks donated to the Clinton library by his wife. In the mean time Hillary presided over a malicious group of angry democrat operatives threatening to ruin any woman who admitted that she was molested by the pervert-in-chief. Anybody want to see the sleazebags from Arkansas back in power?


"Tell your momma, tell your pa, gonna send her back to Arkansaw" .....Ray Charles

 

[Pete7469]

The "Clinton boom" was little more than a continuation of the prosperity ushered in by Reagan, who's policies were protected as much as possible by the GOP taking the House of Reps thus keeping moonbats contained.

 

[g5000]

Clinton gave us the economic collapse of Fannie Mae.

And Bush gave us the economic collapse of Bear Stearns, Lehman Brothers, Merrill Lynch, Citigroup, AIG, et al.

 

[The Rabbi]

There is indeed a Big Blue Wall the Republicans have to overcome in 2016.

Probably the most important thing the Republican party needs to do is to dump the constant whining and pessimism and fearmongering.

We'll get right on it.
Jerk.


Bill didnt create the boom of the 1990s. That was Microsoft and Cisco, among others. Hillary's economic policies will be clones of Obama's: high taxes, high regulation, low growth, low income. Why would anyone expect different?

 

[The Rabbi]

Clinton gave us the economic collapse of Fannie Mae.

And Bush gave us the economic collapse of Bear Stearns, Lehman Brothers, Merrill Lynch, Citibank, AIG, et al.

What did Bush do to cause the economic collapse of those companies? Be specific.

 

[g5000]

Clinton gave us the economic collapse of Fannie Mae.

And Bush gave us the economic collapse of Bear Stearns, Lehman Brothers, Merrill Lynch, Citibank, AIG, et al.

What did Bush do to cause the economic collapse of those companies? Be specific.

Here's one thing: http://www.gao.gov/decisions/majrule/d04896r.pdf

That SEC decision has been directly credited with the collapse of the broker-dealers, which of course led to the collapse of AIG.

Now tell us how Clinton caused the collapse of the GSEs. Be specific.

 

[g5000]

It's funny how the rubes blame every President back to Carter for the crash, including Obama who took office AFTER the crash!

But they never blame any of the Republican Presidents. It's as if they believe those Presidents just warmed the chair in the Oval Office.

 

[g5000]

Probably the only reason Bush tried to limit the portfolios of the GSEs was so Wall Street could grab even more market share of the secondary market. I seriously doubt his motives were pure, and the actions of his Administration certainly align with my suspicions.

Wall Street's portfolios of toxic loans dwarfed the GSEs portfolios. By 2004, the GSEs were less than half the market and their market share continued to shrink all the way up to the crash. They weren't even close to being the biggest players in the boom.

Yet, not only did Bush fail to apply the brakes to Wall Street, he injected their engines with nitro, as can be seen by the SEC decision I linked above.

 

[Obiwan]

Hillary Clinton should thank Barack Obama for beating her in 2008. Every day.

Not only does the former first lady and U.S. Secretary of State appear as well-positioned as any candidate to capture the presidency in 2016, but her arrival in the Oval Office could well coincide with tailwinds that the U.S. economy has not seen since, well, the last time a Clinton occupied the White House.

Are we getting ahead of ourselves? Absolutely. A lot can happen in three years, but there’s one scenario for 2017 that should be staring all would-be prognosticators in the face: The very real possibility of another Clinton economic boom like the U.S. experienced in the 1990s.

Here are five key economic and political trends that should leave Camp Clinton giddy — and the GOP scared out of its mind — when it comes to the next presidential election.

Could a Hillary Vote Bring Us Another Clinton Economic Boom Fast Forward OZY

Don’t know, if it’s the right sub forum for this discussion, the article is about both economy and Hillary, so…

The author of this story tells us that we can expect another economy boom. And what’s more interesting, the manufacturing will come back to US, as well as loads of capital. And, all in all, this will help Hillary to win the game. Too bad, the last trend, about Republicans losing their influence in the White House, turned out to be not that close to the reality, but a year ago the guy just couldn’t predict the results of the Congress elections.

All in all, though the article is very encouraging, I feel like none of it can come true. And you?

Actually, while Bush deserves some of the blame for the recession, the stage was set by Bill Clinton...
Who Caused the Economic Crisis

So who is to blame? There’s plenty of blame to go around, and it doesn’t fasten only on one party or even mainly on what Washington did or didn’t do. As The Economist magazine noted recently, the problem is one of "layered irresponsibility … with hard-working homeowners and billionaire villains each playing a role." Here’s a partial list of those alleged to be at fault:

• The Federal Reserve, which slashed interest rates after the dot-com bubble burst, making credit cheap.
• Home buyers, who took advantage of easy credit to bid up the prices of homes excessively.
• Congress, which continues to support a mortgage tax deduction that gives consumers a tax incentive to buy more expensive houses.
• Real estate agents, most of whom work for the sellers rather than the buyers and who earned higher commissions from selling more expensive homes.
• The Clinton administration, which pushed for less stringent credit and downpayment requirements for working- and middle-class families.
• Mortgage brokers, who offered less-credit-worthy home buyers subprime, adjustable rate loans with low initial payments, but exploding interest rates.
• Former Federal Reserve chairman Alan Greenspan, who in 2004, near the peak of the housing bubble, encouraged Americans to take out adjustable rate mortgages.
• Wall Street firms, who paid too little attention to the quality of the risky loans that they bundled into Mortgage Backed Securities (MBS), and issued bonds using those securities as collateral.
• The Bush administration, which failed to provide needed government oversight of the increasingly dicey mortgage-backed securities market.
• An obscure accounting rule called mark-to-market, which can have the paradoxical result of making assets be worth less on paper than they are in reality during times of panic.
• Collective delusion, or a belief on the part of all parties that home prices would keep rising forever, no matter how high or how fast they had already gone up.

So, yeah, lets let a Clinton set us up for another recession, right?

 

[Toddsterpatriot]

Greenspan was right about adjustables. 30 year fixed are expensive. Especially if you move in 5-7 years.

 

[g5000]

Hillary Clinton should thank Barack Obama for beating her in 2008. Every day.

Not only does the former first lady and U.S. Secretary of State appear as well-positioned as any candidate to capture the presidency in 2016, but her arrival in the Oval Office could well coincide with tailwinds that the U.S. economy has not seen since, well, the last time a Clinton occupied the White House.

Are we getting ahead of ourselves? Absolutely. A lot can happen in three years, but there’s one scenario for 2017 that should be staring all would-be prognosticators in the face: The very real possibility of another Clinton economic boom like the U.S. experienced in the 1990s.

Here are five key economic and political trends that should leave Camp Clinton giddy — and the GOP scared out of its mind — when it comes to the next presidential election.

Could a Hillary Vote Bring Us Another Clinton Economic Boom Fast Forward OZY

Don’t know, if it’s the right sub forum for this discussion, the article is about both economy and Hillary, so…

The author of this story tells us that we can expect another economy boom. And what’s more interesting, the manufacturing will come back to US, as well as loads of capital. And, all in all, this will help Hillary to win the game. Too bad, the last trend, about Republicans losing their influence in the White House, turned out to be not that close to the reality, but a year ago the guy just couldn’t predict the results of the Congress elections.

All in all, though the article is very encouraging, I feel like none of it can come true. And you?

Actually, while Bush deserves some of the blame for the recession, the stage was set by Bill Clinton...
Who Caused the Economic Crisis

So who is to blame? There’s plenty of blame to go around, and it doesn’t fasten only on one party or even mainly on what Washington did or didn’t do. As The Economist magazine noted recently, the problem is one of "layered irresponsibility … with hard-working homeowners and billionaire villains each playing a role." Here’s a partial list of those alleged to be at fault:

• The Federal Reserve, which slashed interest rates after the dot-com bubble burst, making credit cheap.
• Home buyers, who took advantage of easy credit to bid up the prices of homes excessively.
• Congress, which continues to support a mortgage tax deduction that gives consumers a tax incentive to buy more expensive houses.
• Real estate agents, most of whom work for the sellers rather than the buyers and who earned higher commissions from selling more expensive homes.
• The Clinton administration, which pushed for less stringent credit and downpayment requirements for working- and middle-class families.
• Mortgage brokers, who offered less-credit-worthy home buyers subprime, adjustable rate loans with low initial payments, but exploding interest rates.
• Former Federal Reserve chairman Alan Greenspan, who in 2004, near the peak of the housing bubble, encouraged Americans to take out adjustable rate mortgages.
• Wall Street firms, who paid too little attention to the quality of the risky loans that they bundled into Mortgage Backed Securities (MBS), and issued bonds using those securities as collateral.
• The Bush administration, which failed to provide needed government oversight of the increasingly dicey mortgage-backed securities market.
• An obscure accounting rule called mark-to-market, which can have the paradoxical result of making assets be worth less on paper than they are in reality during times of panic.
• Collective delusion, or a belief on the part of all parties that home prices would keep rising forever, no matter how high or how fast they had already gone up.

So, yeah, lets let a Clinton set us up for another recession, right?

A good list. But it left out the ratings agencies. They were also responsible.

Also, Clinton's biggest failing was his deregulation of financial derivatives. The crash would not have been anywhere near as severe. This was not a housing bubble so much as a global derivatives bubble.

Global.

Derivatives were force multipliers. Derivatives were the motive. Loans were just the raw materials which were needed to power all those derivative products which brought in the profits.

 

[g5000]

An obscure accounting rule called mark-to-market, which can have the paradoxical result of making assets be worth less on paper than they are in reality during times of panic.

Mark-to-market accounting is not obscure.

It was also not a cause of the crash, but it did bind things up once the crash occurred, which is why the FASB finally suspended fair-value accounting rules in April 2009. A little late.

 

[Sonny Clark]

Hillary Clinton should thank Barack Obama for beating her in 2008. Every day.

Not only does the former first lady and U.S. Secretary of State appear as well-positioned as any candidate to capture the presidency in 2016, but her arrival in the Oval Office could well coincide with tailwinds that the U.S. economy has not seen since, well, the last time a Clinton occupied the White House.

Are we getting ahead of ourselves? Absolutely. A lot can happen in three years, but there’s one scenario for 2017 that should be staring all would-be prognosticators in the face: The very real possibility of another Clinton economic boom like the U.S. experienced in the 1990s.

Here are five key economic and political trends that should leave Camp Clinton giddy — and the GOP scared out of its mind — when it comes to the next presidential election.

Could a Hillary Vote Bring Us Another Clinton Economic Boom Fast Forward OZY

Don’t know, if it’s the right sub forum for this discussion, the article is about both economy and Hillary, so…

The author of this story tells us that we can expect another economy boom. And what’s more interesting, the manufacturing will come back to US, as well as loads of capital. And, all in all, this will help Hillary to win the game. Too bad, the last trend, about Republicans losing their influence in the White House, turned out to be not that close to the reality, but a year ago the guy just couldn’t predict the results of the Congress elections.

All in all, though the article is very encouraging, I feel like none of it can come true. And you?

The answer is, "NO ... no ....and hell no !!!!!

It would take a lot more than A Clinton to save our economy considering it's present sad shameful state.

WHAT IT WOULD TAKE TO SAVE OUR ECONOMY:

(1) Re-write our unfair, unjust, and one-sided foreign trade agreements and policies, so that they then become fair, equal, and balanced foreign trade agreements and policies.
(2) Severely penalize the off-shore out-sourcing of our jobs to cheap foreign labor markets.
(3) Severely penalize the importing of labor.
(4) Life in prison without the possibility of parole for anyone hiring, housing, or otherwise aiding or assisting illegal immigrants.
(5) Put America back to work, producing what America uses and consumes. ( see #1 )
(6) End our dependency on cheap foreign imports. ( see #1 )
(7) Keep American technology in America as much as is humanly possible.
(8) Invest heavily in the development alternative energy sources. ( fund it with cuts in military spending and foreign aid )
(9) Give generous incentives to anyone that completes a four year degree in math, science, and engineering.
(10) Develop an ongoing program to keep our infrastructure modernized, repaired, upgraded, and able to handle population growth.
(11) Create a full-time fully staffed agency responsible for the environment, including all lakes, rivers, streams, air, oceans, and land.
(12) End government waste, fraud, corruption, and abuse of tax dollars.

THE BENEFITS TO THE ABOVE MENTIONED STEPS:

(1) An employed work force.
(2) Generation of much need tax revenue through payroll deductions and the support of retail markets.
(3) Spendable income in the pockets of consumers.
(4) Less strain on government assistance programs.
(5) American made goods on store shelves.
(6) Less poverty.
(7) The creation of self-supporting opportunities covering all education and skill levels.
(8) An adequate infrastructure.
(9) An educated citizenry.
(10) A clean environment.
(11) More tax dollars to spend here at home where those dollars belong.
(12) A better America for all citizens.

HOW TO ACCOMPLISH THE ABOVE STEPS TO ECONOMIC GROWTH AND STABILITY:

(1) Stop electing and re-electing professional politicians to serve in government.
(2) Elect pro-America minded representatives to serve in government.
(3) Limit government service to one term.
(4) March on Washington and call Congress out into the street if necessary, to enforce fair, equal, and just representation.
(5) Demand transparency in government through citizen action groups.
(6) Establish an independent agency comprised of citizens, to closely monitor government spending.
(7) Educate citizens on the workings of government in order to have an informed voting public.
(8) Unite as Americans for America. ( united we win, divided we fall )