How were the “experts” so wrong about 2024 election and will it carry to 2028?

[pknopp]

Yes, Clinton started the mess and Bush ran with it to help the economy. It was just as wrong for Bush to run with it than it was for bankers and investors to take advantage of it, however, it was the lack of foresight by Clinton that opened the door for people to take advantage.

Clinton wasn't able to do anything on his own. It was very bipartisan.

 

[SweetTea]

Are they paying 70% like they did before Reagan? Then, no, they aren't paying their fair share.

Envy. In addition to a litany of other restrictions and penalties already placed on high income earners, 70% is ridiculous.

Nope, it was greedy rich people who were too greedy.

It was fomented by Clinton.

It was caused by middle-class people buying McMansions, hoping to flip them, and the Bankers (not a ******* one of whom went to jail) misrepresenting the value of those mortgages as investments.

Clinton naively unlocked the doors to the vault and assumed nobody would go in. Like most Democrats, and children, they don’t think things through. They are led around by their hearts and not their brains.

 

[SweetTea]

Clinton wasn't able to do anything on his own. It was very bipartisan.

Um, no. The revisions to the CRA were made by the regulatory agencies under Clinton. They were regulatory actions, not statutes.

 

[pknopp]

Um, no. The revisions to the CRA were made by the regulatory agencies under Clinton. They were regulatory actions, not statutes.

No, they were done by Congress. Sheesh.

 

[pknopp]

Um, no. The revisions to the CRA were made by the regulatory agencies under Clinton. They were regulatory actions, not statutes.

Gramm-Leach-Bliley act. Educate yourself. (not that it will matter)

 

[SweetTea]

Gramm-Leach-Bliley act. Educate yourself. (not that it will matter)

Nope, the regulations I am speaking of were in 1995. Gramm-Leach-Billey was passed in 1999. That act did not create a quantitative evaluation system. That was done by Clinton 4 years earlier. You don’t know what you are talking about.

 

[pknopp]

Nope, the regulations I am speaking of were in 1995. Gramm-Leach-Billey was passed in 1999. That act did not create a quantitative evaluation system. That was done by Clinton 4 years earlier. You don’t know what you are talking about.

Deregulation has went on well before Clinton.

OPINION: The corruption behind the crash of 2008

To ensure a stable and healthy economy, we must address the banking industry's immense influence through campaign finance reforms.

thefulcrum.us

GLB is why the problem grew so large. If the rules regulating the separation of the investment/retail ends of banks hadn't been overturned under GLB the crash would have been far smaller.

 

[Frankenstein]

No, I don't "envy" the rich. I don't want to be like them, most of them are awful people.

Make them pay their fair share and take care of the rest of us. Seems reasonable to me.

We used to do that in this country before Ronald Reagan, and it worked just fine.

They already do pay their fair share, and what is that by the way? More than you,why? It is envy. I work for Rich man he gave me my job 37 years ago and as I have proven myself through the years her has paid me more each year. At some point he took a chance and started the company, he could have failed and been poor himself, why do you suppose he should pay more? Never mind it's because you are a communist!

 

[SweetTea]

Deregulation has went on well before Clinton.

OPINION: The corruption behind the crash of 2008

To ensure a stable and healthy economy, we must address the banking industry's immense influence through campaign finance reforms.

thefulcrum.us

GLB is why the problem grew so large. If the rules regulating the separation of the investment/retail ends of banks hadn't been overturned under GLB the crash would have been far smaller.

The modification of the well established CRA under Clinton in 1995 that pressured banks into making risky loans was the impetus for the crash. You can spin it all you would like. It won't make it any less true.

What about your claim of Gramm-Leach-Billey being the problem? Do you realize now that Clinton's move preceded that?

 

[pknopp]

The modification of the well established CRA under Clinton in 1995 that pressured banks into making risky loans was the impetus for the crash. You can spin it all you would like. It won't make it any less true.

That didn't happen in 94.

What about your claim of Gramm-Leach-Billey being the problem? Do you realize now that Clinton's move preceded that?

I realize you are just rambling.

 

[EvilCat Breath]

Hmmm... we put a mentally ill game show host in charge of the country who is alienating the rest of the world... I would say that is "doom".

Here's why socialism is probably inevitable. When you gut the middle class and get Robots to do most of the work, eventually, people are just going to vote to be taken care of.

Them ******* poor people, not dutifully starving to death to make you happy, I know.

Now, here's the thing, I'm horrified by Bernie, AOC, Mandami, and the rest of their ilk. We need to restore the Pre-Reagan balance, not go full socialist.

But the path of least resistance is the American Way. Once Mr and Mrs. Trailer Park realize that hating the Trannies REALLY HARD didn't make their lives any better, they are going to vote for socialism.

Alienating the rest of the world?
Seriously??
The rest of the world, that isn't communist or muslim, loves him.

 

[Toddsterpatriot]

Where in Capitalism do we find the part where taxpayers bail out failed bankers?

Short term loans that were paid back, at a profit to the US Treasury, and prevented
the collapse of the banking system.

 

[Toddsterpatriot]

Bailing out banks prevented a large scale economic downturn…a systemic issue that would ultimately harm the very people that you claim to want to protect. Think stabilization vs handouts. They are very different things.

A third of the banks failed during the Great Depression.

That moron thinks we should have tried that again.

 

[otto105]

Which experts?

In the lead-up to the 2024 United States presidential election, most major forecasting models and analysts gave the edge to Donald Trump (Republican) over Kamala Harris (Democrat).

• For example, the forecasting model by Nate Silver (formerly at FiveThirtyEight) gave Trump a higher probability of winning the Electoral College. Wikipedia+3Nate Silver+3The Economist+3
• Some polls and commentary showed a very tight race, with neither candidate dominating. Nate Silver+3The Hub+3The Week+3
• A few models (such as Allan Lichtman’s “13 keys” model) predicted Harris would win — but she did not. Brandeis University+1

In short: while the race was widely regarded as very competitive, the consensus tilt was toward Trump as the favorite.

Dude, OP just wants to be a victim. Why the fact filled post.

 

[pknopp]

Short term loans that were paid back, at a profit to the US Treasury, and prevented
the collapse of the banking system.

They weren't paid back but despite the point. Nowhere in Capitalism do we find the idea of the government bailing out a failed business.

In capitalism if you run your business poorly, you fail.

 

[Toddsterpatriot]

Most of the advanced countries make the rich pay their fair share and take care of their people. Imagine that.

How much do they make them pay? Link?

How does the standard of living of "their people" compare to the US?

 

[pknopp]

A third of the banks failed during the Great Depression.

That moron thinks we should have tried that again.

Capitalism says that is what should have happened.

 

[Toddsterpatriot]

They weren't paid back but despite the point. Nowhere in Capitalism do we find the idea of the government bailing out a failed business.

In capitalism if you run your business poorly, you fail.

They weren't paid back but despite the point.

They were. At a profit. Exactly the point.

Meanwhile, the banks lost billions for their poor decisions.

 

[Toddsterpatriot]

Capitalism says that is what should have happened.

Fucktards, mostly on the left, say that should happen.

 

[Toddsterpatriot]

It came about because we lifted regulations. (yes a simplification of the issue but factual)

Which regulations were lifted? Be specific.

HUD forced Fannie and Freddie to buy trillions in subprime mortgages.
Which is the opposite of deregulation.