Labor Participation Rate Lowest Since 1978 - Yet there are 10 Fold More Working Mom's Now!!!

[EdwardBaiamonte]

How about cut off all assistance to the able bodied after six months.

not a bad idea but far more humane after we have stopped liberal policies that have driven all the jobs to China.

The jobs went to China because we pay people not to work, and have an educational system that does not prepare people to work.

Yeah, don't forget the min wage, labor and health laws, as well as gutting taxes for the "job creators" in China!

a liberal simply lacks the IQ to understand free trade. He wants to ban the importation of bananas so we can develop a huge banana industry with huge employment here. It make perfect sense too!!

 

[Dad2three]

How about cut off all assistance to the able bodied after six months.

not a bad idea but far more humane after we have stopped liberal policies that have driven all the jobs to China.

The jobs went to China because we pay people not to work, and have an educational system that does not prepare people to work.

Yeah, don't forget the min wage, labor and health laws, as well as gutting taxes for the "job creators" in China!

a liberal simply lacks the IQ to understand free trade. He wants to ban the importation of bananas so we can develop a huge banana industry with huge employment here. It make perfect sense too!!

Talking lack of IQ

 

[Stephanie]

Everyone unemployed should send Obama a thank you note...remember how he was going to save the world?

 

[EdwardBaiamonte]

The lack of regulations on the private lenders making toxic subprime mortgages was the cause of the 2008 GOP economic collapse.

1) mortgages were regulated by the Fed
2) mortage money was printed by the Fed without which the bubble would have been 100% impossible
3) Fan /Fred liberals bought the mortgages so banks could create more mortgages
4) liberals had 132 fed/state programs to get people into homes the Republican free market said they could not afford.
5) greedy home owners were just as responsible as greedy lenders
6) govt liberal rating agencies where huge contributors

See why we are positive that a liberal will be slow??

 

[rightwinger]

Everyone unemployed should send Obama a thank you note...remember how he was going to save the world?

Down to 5.5%

Yes, we should be thanking him

 

[EdwardBaiamonte]

Everyone unemployed should send Obama a thank you note...remember how he was going to save the world?

Down to 5.5%

Yes, we should be thanking him

Dear its down to 5.5 because so many gave up looking for work. Don't forget u6 is 11% and incomes are down for those who work.

Think before you post please.

 

[EdwardBaiamonte]

How about cut off all assistance to the able bodied after six months.

not a bad idea but far more humane after we have stopped liberal policies that have driven all the jobs to China.

The jobs went to China because we pay people not to work, and have an educational system that does not prepare people to work.

Yeah, don't forget the min wage, labor and health laws, as well as gutting taxes for the "job creators" in China!

a liberal simply lacks the IQ to understand free trade. He wants to ban the importation of bananas so we can develop a huge banana industry with huge employment here. It make perfect sense too!!

Talking lack of IQ

cartoons from an idiot liberal without brains for substance

 

[EdwardBaiamonte]

Nope 2008 was a direct result of Banksters AND Dubya ignoring the bubble they created Bubba.!

actually you cant have a huge bubble without the Fed printing money for it. Did you think the Girl Scouts printed the money to buy and bid up the prices on all those homes??

See why we say a lberal will be slow?

 

[Dad2three]

The lack of regulations on the private lenders making toxic subprime mortgages was the cause of the 2008 GOP economic collapse.

1) mortgages were regulated by the Fed
2) mortage money was printed by the Fed without which the bubble would have been 100% impossible
3) Fan /Fred liberals bought the mortgages so banks could create more mortgages
4) liberals had 132 fed/state programs to get people into homes the Republican free market said they could not afford.
5) greedy home owners were just as responsible as greedy lenders
6) govt liberal rating agencies where huge contributors

See why we are positive that a liberal will be slow??

Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”



Q Did the Community Reinvestment Act under Carter/Clinton caused it?


A "Since 1995 there has been essentially no change in the basic CRA rules or enforcement process that can be reasonably linked to the subprime lending activity. This fact weakens the link between the CRA and the current crisis since the crisis is rooted in poor performance of mortgage loans made between 2004 and 2007. "

http://www.federalreserve.gov/newsevents/speech/20081203_analysis.pdf

"Another form of easing facilitated the rapid rise of mortgages that didn't require borrowers to fully document their incomes. In 2006, these low- or no-doc loans comprised 81 percent of near-prime, 55 percent of jumbo, 50 percent of subprime and 36 percent of prime securitized mortgages."

Q HOLY JESUS! DID YOU JUST PROVE THAT OVER 50 % OF ALL MORTGAGES IN 2006 DIDN'T REQUIRE BORROWERS TO DOCUMENT THEIR INCOME?!?!?!?

A Yes.




Q WHO THE HELL LOANS HUNDREDS OF THOUSANDS OF DOLLARS TO PEOPLE WITHOUT CHECKING THEIR INCOMES?!?!?

A Banks.

Q WHY??!?!!!?!

A Two reasons, greed and Bush's regulators let them.

Bush's documented policies and statements in time frame leading up to the start of the Bush Mortgage Bubble include (but not limited to)

Wanting 5.5 million more minority homeowners
Tells congress there is nothing wrong with GSEs
Pledging to use federal policy to increase home ownership
Routinely taking credit for the housing market
Forcing GSEs to buy more low income home loans by raising their Housing Goals (2004)
Lowering Investment bank capital requirements, Net Capital rule (2004)
Reversing the Clinton rule that restricted GSEs purchases of subprime loans (2004)
Lowering down payment requirements to 0% (2004)
Forcing GSEs to spend an additional $440 billion in the secondary markets (2004)-
Giving away 40,000 free down payments (2004)
PREEMPTING ALL STATE LAWS AGAINST PREDATORY LENDING


But the biggest policy was regulators not enforcing lending standard


FACTS on Dubya s great recession US Message Board - Political Discussion Forum


Conservative Ideology requires either ignorance, stupidity, denial or psychopathology….& maybe all of the above.

 

[Dad2three]

Nope 2008 was a direct result of Banksters AND Dubya ignoring the bubble they created Bubba.!

actually you cant have a huge bubble without the Fed printing money for it. Did you think the Girl Scouts printed the money to buy and bid up the prices on all those homes??

See why we say a lberal will be slow?

BANKSTER WORLD WIDE CREDIT BUBBLE AND BUST??




Did the Fed Cause the housing Bubble?

According to research by Ambrogio Cesa-Bianchi and Alessandro Rebucci, the housing bubble was caused by "regulatory rather than monetary-policy failures":

Economist s View Did the Fed Cause the housing Bubble




Was it easy money or easy regulation that caused the housing bubble?


… after the Fed started to tighten its monetary-policy stance and the prime segment of the mortgage market promptly turned around, the subprime segment of the mortgage market continued to boom, with increased perceived risk of loans portfolios and declining lending standards. Despite this evidence, the first regulatory action to rein in those financial excesses was undertaken only in late 2006, after almost two years of steady increases in the federal funds rate. …

When regulators finally decided to act, it was too late:

Was it easy money or easy regulation that caused the housing bubble - AEI Pethokoukis Blog AEIdeas

 

[EdwardBaiamonte]

The lack of regulations on the private lenders making toxic subprime mortgages was the cause of the 2008 GOP economic collapse.

1) mortgages were regulated by the Fed
2) mortage money was printed by the Fed without which the bubble would have been 100% impossible
3) Fan /Fred liberals bought the mortgages so banks could create more mortgages
4) liberals had 132 fed/state programs to get people into homes the Republican free market said they could not afford.
5) greedy home owners were just as responsible as greedy lenders
6) govt liberal rating agencies where huge contributors

See why we are positive that a liberal will be slow??

Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”



Q Did the Community Reinvestment Act under Carter/Clinton caused it?


A "Since 1995 there has been essentially no change in the basic CRA rules or enforcement process that can be reasonably linked to the subprime lending activity. This fact weakens the link between the CRA and the current crisis since the crisis is rooted in poor performance of mortgage loans made between 2004 and 2007. "

http://www.federalreserve.gov/newsevents/speech/20081203_analysis.pdf

"Another form of easing facilitated the rapid rise of mortgages that didn't require borrowers to fully document their incomes. In 2006, these low- or no-doc loans comprised 81 percent of near-prime, 55 percent of jumbo, 50 percent of subprime and 36 percent of prime securitized mortgages."

Q HOLY JESUS! DID YOU JUST PROVE THAT OVER 50 % OF ALL MORTGAGES IN 2006 DIDN'T REQUIRE BORROWERS TO DOCUMENT THEIR INCOME?!?!?!?

A Yes.




Q WHO THE HELL LOANS HUNDREDS OF THOUSANDS OF DOLLARS TO PEOPLE WITHOUT CHECKING THEIR INCOMES?!?!?

A Banks.

Q WHY??!?!!!?!

A Two reasons, greed and Bush's regulators let them.

Bush's documented policies and statements in time frame leading up to the start of the Bush Mortgage Bubble include (but not limited to)

Wanting 5.5 million more minority homeowners
Tells congress there is nothing wrong with GSEs
Pledging to use federal policy to increase home ownership
Routinely taking credit for the housing market
Forcing GSEs to buy more low income home loans by raising their Housing Goals (2004)
Lowering Investment bank capital requirements, Net Capital rule (2004)
Reversing the Clinton rule that restricted GSEs purchases of subprime loans (2004)
Lowering down payment requirements to 0% (2004)
Forcing GSEs to spend an additional $440 billion in the secondary markets (2004)-
Giving away 40,000 free down payments (2004)
PREEMPTING ALL STATE LAWS AGAINST PREDATORY LENDING


But the biggest policy was regulators not enforcing lending standard


FACTS on Dubya s great recession US Message Board - Political Discussion Forum


Conservative Ideology requires either ignorance, stupidity, denial or psychopathology….& maybe all of the above.

low IQ liberal does not know what Fed is so cant say what it had to do with crisis.

 

[Dad2three]

The lack of regulations on the private lenders making toxic subprime mortgages was the cause of the 2008 GOP economic collapse.

1) mortgages were regulated by the Fed
2) mortage money was printed by the Fed without which the bubble would have been 100% impossible
3) Fan /Fred liberals bought the mortgages so banks could create more mortgages
4) liberals had 132 fed/state programs to get people into homes the Republican free market said they could not afford.
5) greedy home owners were just as responsible as greedy lenders
6) govt liberal rating agencies where huge contributors

See why we are positive that a liberal will be slow??

Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”



Q Did the Community Reinvestment Act under Carter/Clinton caused it?


A "Since 1995 there has been essentially no change in the basic CRA rules or enforcement process that can be reasonably linked to the subprime lending activity. This fact weakens the link between the CRA and the current crisis since the crisis is rooted in poor performance of mortgage loans made between 2004 and 2007. "

http://www.federalreserve.gov/newsevents/speech/20081203_analysis.pdf

"Another form of easing facilitated the rapid rise of mortgages that didn't require borrowers to fully document their incomes. In 2006, these low- or no-doc loans comprised 81 percent of near-prime, 55 percent of jumbo, 50 percent of subprime and 36 percent of prime securitized mortgages."

Q HOLY JESUS! DID YOU JUST PROVE THAT OVER 50 % OF ALL MORTGAGES IN 2006 DIDN'T REQUIRE BORROWERS TO DOCUMENT THEIR INCOME?!?!?!?

A Yes.




Q WHO THE HELL LOANS HUNDREDS OF THOUSANDS OF DOLLARS TO PEOPLE WITHOUT CHECKING THEIR INCOMES?!?!?

A Banks.

Q WHY??!?!!!?!

A Two reasons, greed and Bush's regulators let them.

Bush's documented policies and statements in time frame leading up to the start of the Bush Mortgage Bubble include (but not limited to)

Wanting 5.5 million more minority homeowners
Tells congress there is nothing wrong with GSEs
Pledging to use federal policy to increase home ownership
Routinely taking credit for the housing market
Forcing GSEs to buy more low income home loans by raising their Housing Goals (2004)
Lowering Investment bank capital requirements, Net Capital rule (2004)
Reversing the Clinton rule that restricted GSEs purchases of subprime loans (2004)
Lowering down payment requirements to 0% (2004)
Forcing GSEs to spend an additional $440 billion in the secondary markets (2004)-
Giving away 40,000 free down payments (2004)
PREEMPTING ALL STATE LAWS AGAINST PREDATORY LENDING


But the biggest policy was regulators not enforcing lending standard


FACTS on Dubya s great recession US Message Board - Political Discussion Forum


Conservative Ideology requires either ignorance, stupidity, denial or psychopathology….& maybe all of the above.

low IQ liberal does not know what Fed is so cant say what it had to do with crisis.

One day you will post something accurate or on point and I'll have a heart attack Bubba!

 

[EdwardBaiamonte]

The lack of regulations on the private lenders making toxic subprime mortgages was the cause of the 2008 GOP economic collapse.

1) mortgages were regulated by the Fed
2) mortage money was printed by the Fed without which the bubble would have been 100% impossible
3) Fan /Fred liberals bought the mortgages so banks could create more mortgages
4) liberals had 132 fed/state programs to get people into homes the Republican free market said they could not afford.
5) greedy home owners were just as responsible as greedy lenders
6) govt liberal rating agencies where huge contributors

See why we are positive that a liberal will be slow??

Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”



Q Did the Community Reinvestment Act under Carter/Clinton caused it?


A "Since 1995 there has been essentially no change in the basic CRA rules or enforcement process that can be reasonably linked to the subprime lending activity. This fact weakens the link between the CRA and the current crisis since the crisis is rooted in poor performance of mortgage loans made between 2004 and 2007. "

http://www.federalreserve.gov/newsevents/speech/20081203_analysis.pdf

"Another form of easing facilitated the rapid rise of mortgages that didn't require borrowers to fully document their incomes. In 2006, these low- or no-doc loans comprised 81 percent of near-prime, 55 percent of jumbo, 50 percent of subprime and 36 percent of prime securitized mortgages."

Q HOLY JESUS! DID YOU JUST PROVE THAT OVER 50 % OF ALL MORTGAGES IN 2006 DIDN'T REQUIRE BORROWERS TO DOCUMENT THEIR INCOME?!?!?!?

A Yes.




Q WHO THE HELL LOANS HUNDREDS OF THOUSANDS OF DOLLARS TO PEOPLE WITHOUT CHECKING THEIR INCOMES?!?!?

A Banks.

Q WHY??!?!!!?!

A Two reasons, greed and Bush's regulators let them.

Bush's documented policies and statements in time frame leading up to the start of the Bush Mortgage Bubble include (but not limited to)

Wanting 5.5 million more minority homeowners
Tells congress there is nothing wrong with GSEs
Pledging to use federal policy to increase home ownership
Routinely taking credit for the housing market
Forcing GSEs to buy more low income home loans by raising their Housing Goals (2004)
Lowering Investment bank capital requirements, Net Capital rule (2004)
Reversing the Clinton rule that restricted GSEs purchases of subprime loans (2004)
Lowering down payment requirements to 0% (2004)
Forcing GSEs to spend an additional $440 billion in the secondary markets (2004)-
Giving away 40,000 free down payments (2004)
PREEMPTING ALL STATE LAWS AGAINST PREDATORY LENDING


But the biggest policy was regulators not enforcing lending standard


FACTS on Dubya s great recession US Message Board - Political Discussion Forum


Conservative Ideology requires either ignorance, stupidity, denial or psychopathology….& maybe all of the above.

low IQ liberal does not know what Fed is so cant say what it had to do with crisis.

One day you will post something accurate or on point and I'll have a heart attack Bubba!

got it !!Fed Fred Fan and 132 programs to get people into homes the Republican free market said they could not afford had nothing to do with the crisis of people being in homes they could not afford!!

See why we say the liberal is slow?

 

[rightwinger]

Everyone unemployed should send Obama a thank you note...remember how he was going to save the world?

Down to 5.5%

Yes, we should be thanking him

Dear its down to 5.5 because so many gave up looking for work. Don't forget u6 is 11% and incomes are down for those who work.

Think before you post please.

What makes you think a U6 of 11% is bad?
It is down from 16%

The people looking for work excuse may have worked four years ago but it is long past relevant

They track almost identically, don't they?

 

[EdwardBaiamonte]

What makes you think a U6 of 11% is bad?

all agree its very very bad because its 40% higher than before Barry's recession. Falling income is bad too. Did you know that?

 

[Dad2three]

What makes you think a U6 of 11% is bad?

all agree its very very bad because its 40% higher than before Barry's recession. Falling income is bad too. Did you know that?

Yep, 8 years of Dubya/GOP "job creator" policy put US in a WIDE AND DEEP hole right? lol

 

[EdwardBaiamonte]

What makes you think a U6 of 11% is bad?

all agree its very very bad because its 40% higher than before Barry's recession. Falling income is bad too. Did you know that?

Yep, 8 years of Dubya/GOP "job creator" policy put US in a WIDE AND DEEP hole right? lol

actually dear Obama is president now. What planet are you on??

 

[Dad2three]

The lack of regulations on the private lenders making toxic subprime mortgages was the cause of the 2008 GOP economic collapse.

1) mortgages were regulated by the Fed
2) mortage money was printed by the Fed without which the bubble would have been 100% impossible
3) Fan /Fred liberals bought the mortgages so banks could create more mortgages
4) liberals had 132 fed/state programs to get people into homes the Republican free market said they could not afford.
5) greedy home owners were just as responsible as greedy lenders
6) govt liberal rating agencies where huge contributors

See why we are positive that a liberal will be slow??

Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From Bush’s President’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”



Q Did the Community Reinvestment Act under Carter/Clinton caused it?


A "Since 1995 there has been essentially no change in the basic CRA rules or enforcement process that can be reasonably linked to the subprime lending activity. This fact weakens the link between the CRA and the current crisis since the crisis is rooted in poor performance of mortgage loans made between 2004 and 2007. "

http://www.federalreserve.gov/newsevents/speech/20081203_analysis.pdf

"Another form of easing facilitated the rapid rise of mortgages that didn't require borrowers to fully document their incomes. In 2006, these low- or no-doc loans comprised 81 percent of near-prime, 55 percent of jumbo, 50 percent of subprime and 36 percent of prime securitized mortgages."

Q HOLY JESUS! DID YOU JUST PROVE THAT OVER 50 % OF ALL MORTGAGES IN 2006 DIDN'T REQUIRE BORROWERS TO DOCUMENT THEIR INCOME?!?!?!?

A Yes.




Q WHO THE HELL LOANS HUNDREDS OF THOUSANDS OF DOLLARS TO PEOPLE WITHOUT CHECKING THEIR INCOMES?!?!?

A Banks.

Q WHY??!?!!!?!

A Two reasons, greed and Bush's regulators let them.

Bush's documented policies and statements in time frame leading up to the start of the Bush Mortgage Bubble include (but not limited to)

Wanting 5.5 million more minority homeowners
Tells congress there is nothing wrong with GSEs
Pledging to use federal policy to increase home ownership
Routinely taking credit for the housing market
Forcing GSEs to buy more low income home loans by raising their Housing Goals (2004)
Lowering Investment bank capital requirements, Net Capital rule (2004)
Reversing the Clinton rule that restricted GSEs purchases of subprime loans (2004)
Lowering down payment requirements to 0% (2004)
Forcing GSEs to spend an additional $440 billion in the secondary markets (2004)-
Giving away 40,000 free down payments (2004)
PREEMPTING ALL STATE LAWS AGAINST PREDATORY LENDING


But the biggest policy was regulators not enforcing lending standard


FACTS on Dubya s great recession US Message Board - Political Discussion Forum


Conservative Ideology requires either ignorance, stupidity, denial or psychopathology….& maybe all of the above.

low IQ liberal does not know what Fed is so cant say what it had to do with crisis.

One day you will post something accurate or on point and I'll have a heart attack Bubba!

got it !!Fed Fred Fan and 132 programs to get people into homes the Republican free market said they could not afford had nothing to do with the crisis of people being in homes they could not afford!!

See why we say the liberal is slow?

So NO, you can't distinguish between a Bankster subprime bubble Dubya cheered on in the US and Dubya forcing F/F into BK with HIS bad policy and decisions. I'm shocked


You do know Dubya was a Republican, and EVERY GOPer in Congress voted for his ADDI in 2004 (dream down payments to 120,000+ home owners)?? lol

 

[Dad2three]

What makes you think a U6 of 11% is bad?

all agree its very very bad because its 40% higher than before Barry's recession. Falling income is bad too. Did you know that?

Yep, 8 years of Dubya/GOP "job creator" policy put US in a WIDE AND DEEP hole right? lol

actually dear Obama is president now. What planet are you on??

Yep, and his economic policy has almost turned US around to where Clinton had US at. Weird how when you get someone in office who believes in governance, things can get done? NOW if we could only get the GOPers in Congres to care about US as much as they hate Obama?

 

[EdwardBaiamonte]

Yep, and his economic policy has almost turned US around?

dear, its slowest recovery since depression with u6 at 11%, LFP at all time high, income going down, and interest rates at 0% . If he strings it out as long as FDR he will be your greatest hero right?