Theowl32
Diamond Member
- Dec 8, 2013
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Address just one of those 10 warnings the democrats ignored after they took over the House and Senate in 2007.It is what it is, and you're free to believe whatever you'd like.Aaaand he obfuscates and uses the old copy and paste from some radio show blah blah blah.And by the way, you won't be able to find me "blaming only Republicans" for the Meltdown.All symptoms of voting being a right.Your party drops taxes and increases spending.Holy shit
Are you telling your fucking clients that the party of big tax is better than the party of lower absurd regulations under the guise of concerns for the planet or lower taxes?
In what specific ways has Trump been bad for this country's economy? List the fucking reasons you piece of shit.
I will be waiting for that. Then again an ignorant fuck like you blames ONLY REPUBLICANS on the 2008 debacle and actually still blames Bush despite these facts.
2007
2008
- 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)
- 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 Bush issues 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)
Make sure you obfuscate from that and giggle while point out how I cut and paste the official White House archives.
Well, how has Trump been bad for the economy HERE?
Wait for it everyone. A socialist American who is a "financial advisor" and yet I am guessing he does not voluntarily pay more taxes, as he votes proudly for the party of mass regulation and higher taxes.
You've been conned.
.
I realize you're trained to just make shit up as you go, but I wanted to point that out for you.
Your ignorance of what caused the Meltdown is a willful ignorance, as you dutifully and obediently copy and paste the talk radio line, ignoring so much. There is plenty of information out there for you, but unfortunately it doesn't exist within the right wing alternate universe.
You've been conned. Badly. You should feel foolish.
.
Idiot
Sometimes I envy this little world you folks have created. You're required to know so little.
.
Are those lies Mac?
Go ahead and ignore it and tell me how you won't since I cut and pasted it from.....a radio show?
No, those are official documented acts in the official White House archives.
Address just ONE of them. Then, I perhaps take you seriously you fucking hypocrite.
What I do know is the world is certainly made for those who are not cursed with self awareness.