Not surprisingly, Obama nailed it.

[pknopp]

Govt lost money on stock not the loan. What you fail to admit….from your link

A distinction with no difference. Shuffling cards. Taxpayers lost billions bailing out the auto companies.

The government lost money, but far less than initially expected when the program was launched in 2009. What's more, the program prevented GM and Chrysler from going out of business — an event most economists and automotive analysts said would have caused the entire industry to collapse and thrown the Midwest into a deep depression.

GM and Chrysler would have never went out of business. Stock holders would have simply lost their asses as it is supposed to be.

Investments with no chance of ever losing are nothing more than a scam perpetrated on the taxpayers.

 

[rightwinger]

GM and Chrysler would have never went out of business. Stock holders would have simply lost their asses as it is supposed to be.

Revisionist history from those who wanted to just let them fail.

Republicans wanted them to fail under Obama
Didn’t happen

 

[pknopp]

Revisionist history from those who wanted to just let them fail.

Republicans wanted them to fail under Obama
Didn’t happen

I'm not the one trying to pretend the taxpayers didn't lose billions.

 

[rightwinger]

I'm not the one trying to pretend the taxpayers didn't lose billions.

Stock is not a loan
We sold out at a loss

Still well worth the investment

 

[Toddsterpatriot]

TARP was repaid with HARP which was a huge loss.

The bank bailout was $245 billion.
HARP was $22 billion.

The bank bailout was profitable.

 

[Toddsterpatriot]

A distinction with no difference. Shuffling cards. Taxpayers lost billions bailing out the auto companies.




GM and Chrysler would have never went out of business. Stock holders would have simply lost their asses as it is supposed to be.

Investments with no chance of ever losing are nothing more than a scam perpetrated on the taxpayers.

GM and Chrysler would have never went out of business. Stock holders would have simply lost their asses as it is supposed to be.

Umm.....the shareholders did lose their asses. Their stock became worhless.

 

[sartre play]

OBAMA….GM is alive, Osama bin Laden is dead

TRUE.

 

[markef]

TRUE.

Obama is partle responsible for the 3008 collapse for advocating that Bill Clinton lower credit standards for home mortgages so more blacks could be approved in risky home mortgages.

 

[krichton]

Probably politically motivated by the Democrats running the deep state operations. Just because Democrats fell from power, does not mean that other power structures or powerful democrat people (who still hold and control those structures), aren't attempting to use that power in unhealthy ways to make Trump look bad to his followers or base.

If the base were a bunch of naive dumb aces, then the Democrats might have an edge, but unfortunately for the Democrats that isn't the case.

Did Democrats force Trump to leave the JCPOA? Did Democrats force Trump to race towards a war with Iran with a zero exit strategy, did Democrats force Trump to be friends with Jeffrey Epstein and rape children? Democrats do not need to lift a finger to make Trump look bad, he does that all on his own. Democrats simply call him out on it.

 

[pknopp]

Obama is partle responsible for the 3008 collapse for advocating that Bill Clinton lower credit standards for home mortgages so more blacks could be approved in risky home mortgages.

President Calls for Expanding Opportunities to Home Ownership

 

[markef]

President Calls for Expanding Opportunities to Home Ownership

Bush tried to rein in the developing dangers of lowered lending standards in 2005 but he was stopped by Barney Frank and the Democrats. After the 2008 collapse Frank apologized for that mistake.

 

[rightwinger]

Bush tried to rein in the developing dangers of lowered lending standards in 2005 but he was stopped by Barney Frank and the Democrats. After the 2008 collapse Frank apologized for that mistake.

Frank was one Congress member among 435
Bush was the sole executive

 

[markef]

Frank was one Congress member among 435
Bush was the sole executive

Neither Bush nor Frank were alone but Frank and the Democrats blocked Bush and conservatives from making necessary adjustments to the Clinton home mortgage bill of 2000 and that led to the 2008 banking collapse.

 

[Marener]

Neither Bush nor Frank were alone but Frank and the Democrats blocked Bush and conservatives from making necessary adjustments to the Clinton home mortgage bill of 2000 and that led to the 2008 banking collapse.

You have no idea what you’re talking about.

The financial crisis was caused by private mortgage lenders and private investment banks and private investors.

Not government.

 

[Toddsterpatriot]

You have no idea what you’re talking about.

The financial crisis was caused by private mortgage lenders and private investment banks and private investors.

Not government.

HUD forcing Fannie and Freddie to buy trillions in crappy mortages didn't help.

 

[pknopp]

You have no idea what you’re talking about.

The financial crisis was caused by private mortgage lenders and private investment banks and private investors.

Not government.

It was a quid pro quo. While it was the lenders that did it, it couldn't have been done without the removal of regulations.

 

[Toddsterpatriot]

It was a quid pro quo. While it was the lenders that did it, it couldn't have been done without the removal of regulations.

Which regulations were removed that allowed so many crappy mortgages to be created?

 

[pknopp]

Which regulations were removed that allowed so many crappy mortgages to be created?

I hate when people create questions like this to try and narrow a problem down in one direction when as noted, it never was.

 

[beagle9]

Did Democrats force Trump to leave the JCPOA? Did Democrats force Trump to race towards a war with Iran with a zero exit strategy, did Democrats force Trump to be friends with Jeffrey Epstein and rape children? Democrats do not need to lift a finger to make Trump look bad, he does that all on his own. Democrats simply call him out on it.

Democrat accusations without showing the facts is all you got.

 

[Toddsterpatriot]

I hate when people create questions like this to try and narrow a problem down in one direction when as noted, it never was.

You can't list the regulations that were removed?

I hate that.