And republicans praise the moron in our WH?? For shame
Trucking Giant To Declare Bankruptcy
- Thread starter Dana7360
- Start date
depotoo
Diamond Member
- Sep 9, 2012
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For shame is his not posting the real reason for their demise. They are certified crooks.
Nostra
Diamond Member
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Slick Willy signed NAFTA, not Bush.
2aguy
Diamond Member
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But.....but....GRRRRRR Orange Man Bad.....
satrebil
Platinum Member
- Oct 3, 2018
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Now wait just a damn minute. Hasn't your side been incessantly screeching that migrants come to work the jobs we DON'T want to work?
Open mouth, insert foot.
Dana7360
Diamond Member
- Aug 6, 2014
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Those who have actually learned about economics, I had to take the classes for my degree in accounting, see several serious indicators that this economy is in trouble. Lowering interest rates can only go so far. It won't put money in the hands of those who drive our economy, the middle class and poor.
It also won't resolve the trade issues America has with other nations.
First thing we can do is get the Canadian and Mexican trucks off our roads. We can very easily and quickly go back to the policy we had for literally decades, not allow foreign trucks on our roads.
We all know that the trade issues are not going to be resolved until after the 2020 election but I don't know if our economy can last that long.
It also won't resolve the trade issues America has with other nations.
First thing we can do is get the Canadian and Mexican trucks off our roads. We can very easily and quickly go back to the policy we had for literally decades, not allow foreign trucks on our roads.
We all know that the trade issues are not going to be resolved until after the 2020 election but I don't know if our economy can last that long.
RoshawnMarkwees
Assimilationist
Talk about throwing the baby out with bath water!
What an idiot! You want economic hardship just because you don’t like republicans?
You’re insane!
Theowl32
Diamond Member
- Dec 8, 2013
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Oooh, is this where the left.....try to keep up with this now...
They credit all of the good things in the economy to obama.
They said the economy would tank in 2017 after Trump did away with obama era regulations.
Never did, economy is still going great. The November jobs numbers were outstanding. Oooops, that was all due to obama.
Now, here come these little posts that now claim the economy is doing bad. They cheer for that btw and that indisputable.
However, the economy is doing great and there will always be ebbs and flows with the economy .
Now, anyone should be nervous about the economy with the democrats pushing propaganda like they did in 2006 to capture the House and Senate.
Then they deliberately sabotaged the economy that was going great under Bush till 2006 (unemployment rate is 4.6) and then the democommies took over power in 2007.
Let the stupid left explain these facts. Stupid Mac never does.
2007
Can they explain any of that? Those are the facts.
Here they are again, convincing us that they are the Robin Hoods.
They are the demons people. They are not liberals. We should stop calling them that.
They credit all of the good things in the economy to obama.
They said the economy would tank in 2017 after Trump did away with obama era regulations.
Never did, economy is still going great. The November jobs numbers were outstanding. Oooops, that was all due to obama.
Now, here come these little posts that now claim the economy is doing bad. They cheer for that btw and that indisputable.
However, the economy is doing great and there will always be ebbs and flows with the economy .
Now, anyone should be nervous about the economy with the democrats pushing propaganda like they did in 2006 to capture the House and Senate.
Then they deliberately sabotaged the economy that was going great under Bush till 2006 (unemployment rate is 4.6) and then the democommies took over power in 2007.
Let the stupid left explain these facts. Stupid Mac never does.
2007
- 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)
- "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)
- 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)
Can they explain any of that? Those are the facts.
Here they are again, convincing us that they are the Robin Hoods.
They are the demons people. They are not liberals. We should stop calling them that.
ThunderKiss1965
Diamond Member
NAFTA was signed by Clinton you loon and in 2015 any Mexican carrier was allowed to apply to transport across the boarder, guess who was President then ?
georgephillip
Diamond Member
You're illiterate.
Recognizing similarities between the Trump and Bush economies is not wanting "economic hardship" it's simply acknowledging the inevitable
U.S. consumer debt is now above levels hit during the 2008 financial crisis
"Analyzing growing consumer leverage another way, Mohr said the ratio of debt compared against the U.S. population estimated at 327 million, according to U.S. Census Bureau data, translates to a record per-person debt ratio at $41.77, surpassing the ratio of $41.68 back in 2008.
"Check out: The richest 10% of households now represent 70% of all U.S. wealth"
Trump has done nothing to change rising levels of debt for 90% of all Americans, and that makes the next economic collapse certain at some point.
Who will Trump blame for that failure?
RoshawnMarkwees
Assimilationist
Obama energy policy caused the economic problems.You're illiterate.
Recognizing similarities between the Trump and Bush economies is not wanting "economic hardship" it's simply acknowledging the inevitable
U.S. consumer debt is now above levels hit during the 2008 financial crisis
"Analyzing growing consumer leverage another way, Mohr said the ratio of debt compared against the U.S. population estimated at 327 million, according to U.S. Census Bureau data, translates to a record per-person debt ratio at $41.77, surpassing the ratio of $41.68 back in 2008.
"Check out: The richest 10% of households now represent 70% of all U.S. wealth"
Trump has done nothing to change rising levels of debt for 90% of all Americans, and that makes the next economic collapse certain at some point.
Who will Trump blame for that failure?
Period.
You’re a dishonest partisan hack.
georgephillip
Diamond Member
Obama energy policy caused the economic problems.You're illiterate.
Recognizing similarities between the Trump and Bush economies is not wanting "economic hardship" it's simply acknowledging the inevitable
U.S. consumer debt is now above levels hit during the 2008 financial crisis
"Analyzing growing consumer leverage another way, Mohr said the ratio of debt compared against the U.S. population estimated at 327 million, according to U.S. Census Bureau data, translates to a record per-person debt ratio at $41.77, surpassing the ratio of $41.68 back in 2008.
"Check out: The richest 10% of households now represent 70% of all U.S. wealth"
Trump has done nothing to change rising levels of debt for 90% of all Americans, and that makes the next economic collapse certain at some point.
Who will Trump blame for that failure?
Period.
You’re a dishonest partisan hack.
Wall Street derivatives crashed the global economy in 2008, and they are poised to do the same today (on Trump's watch).
BIS Drops a Bombshell: Four U.S. Mega Banks Are Core of Repo Loan Crisis
"The risks posed by a handful of banks in the derivatives market is even more concentrated.
"According to a quarterly report from the federal regulator of national banks, the Office of the Comptroller of the Currency (OCC), just five banks control 82 percent of the $280 trillion in notional (face amount) of derivatives at the 25 largest bank holding companies.
"Derivatives played a critical role in blowing up Wall Street banks in 2008 and resulted in the largest taxpayer and Federal Reserve bailout of any industry in U.S. history.
"Despite that epic crisis, which produced the worst economic downturn in the United States since the Great Depression, Wall Street lobbyists have continued to stymie meaningful reform and have actually convinced the Trump administration to engage in weakening the inadequate regulations that Congress passed in 2010 under the Dodd-Frank financial reform legislation."
RoshawnMarkwees
Assimilationist
You’re a dishonest hack.Obama energy policy caused the economic problems.You're illiterate.
Recognizing similarities between the Trump and Bush economies is not wanting "economic hardship" it's simply acknowledging the inevitable
U.S. consumer debt is now above levels hit during the 2008 financial crisis
"Analyzing growing consumer leverage another way, Mohr said the ratio of debt compared against the U.S. population estimated at 327 million, according to U.S. Census Bureau data, translates to a record per-person debt ratio at $41.77, surpassing the ratio of $41.68 back in 2008.
"Check out: The richest 10% of households now represent 70% of all U.S. wealth"
Trump has done nothing to change rising levels of debt for 90% of all Americans, and that makes the next economic collapse certain at some point.
Who will Trump blame for that failure?
Period.
You’re a dishonest partisan hack.Wall Street derivatives crashed the global economy in 2008, and they are poised to do the same today (on Trump's watch).
BIS Drops a Bombshell: Four U.S. Mega Banks Are Core of Repo Loan Crisis
"The risks posed by a handful of banks in the derivatives market is even more concentrated.
"According to a quarterly report from the federal regulator of national banks, the Office of the Comptroller of the Currency (OCC), just five banks control 82 percent of the $280 trillion in notional (face amount) of derivatives at the 25 largest bank holding companies.
"Derivatives played a critical role in blowing up Wall Street banks in 2008 and resulted in the largest taxpayer and Federal Reserve bailout of any industry in U.S. history.
"Despite that epic crisis, which produced the worst economic downturn in the United States since the Great Depression, Wall Street lobbyists have continued to stymie meaningful reform and have actually convinced the Trump administration to engage in weakening the inadequate regulations that Congress passed in 2010 under the Dodd-Frank financial reform legislation."
The market issue was a correction. Obama energy policy tanked the economy.
RealDave
Gold Member
- Sep 28, 2016
- 26,521
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Jesus fuck you people get stupid ,
NAFTA was negotiated by George HW Bush. He signed it along with the leaders of Mexico and Canada.
The treaty failed to be ratified in Congress thanks to Democrat opposition.
Instead the proposals in NAFTA were written into a bill & it passed both houses of Congress. (passing took fewer votes than ratifying) The Senate passed is veto proof.
Bill Clinton signed the bill.
RealDave
Gold Member
- Sep 28, 2016
- 26,521
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energy production rose under ObamaYou’re a dishonest hack.Obama energy policy caused the economic problems.You're illiterate.
Recognizing similarities between the Trump and Bush economies is not wanting "economic hardship" it's simply acknowledging the inevitable
U.S. consumer debt is now above levels hit during the 2008 financial crisis
"Analyzing growing consumer leverage another way, Mohr said the ratio of debt compared against the U.S. population estimated at 327 million, according to U.S. Census Bureau data, translates to a record per-person debt ratio at $41.77, surpassing the ratio of $41.68 back in 2008.
"Check out: The richest 10% of households now represent 70% of all U.S. wealth"
Trump has done nothing to change rising levels of debt for 90% of all Americans, and that makes the next economic collapse certain at some point.
Who will Trump blame for that failure?
Period.
You’re a dishonest partisan hack.Wall Street derivatives crashed the global economy in 2008, and they are poised to do the same today (on Trump's watch).
BIS Drops a Bombshell: Four U.S. Mega Banks Are Core of Repo Loan Crisis
"The risks posed by a handful of banks in the derivatives market is even more concentrated.
"According to a quarterly report from the federal regulator of national banks, the Office of the Comptroller of the Currency (OCC), just five banks control 82 percent of the $280 trillion in notional (face amount) of derivatives at the 25 largest bank holding companies.
"Derivatives played a critical role in blowing up Wall Street banks in 2008 and resulted in the largest taxpayer and Federal Reserve bailout of any industry in U.S. history.
"Despite that epic crisis, which produced the worst economic downturn in the United States since the Great Depression, Wall Street lobbyists have continued to stymie meaningful reform and have actually convinced the Trump administration to engage in weakening the inadequate regulations that Congress passed in 2010 under the Dodd-Frank financial reform legislation."
The market issue was a correction. Obama energy policy tanked the economy.
RoshawnMarkwees
Assimilationist
Energy production rose in Obama’s last 2 years due fracking which he opposed.energy production rose under ObamaYou’re a dishonest hack.Obama energy policy caused the economic problems.You're illiterate.
Recognizing similarities between the Trump and Bush economies is not wanting "economic hardship" it's simply acknowledging the inevitable
U.S. consumer debt is now above levels hit during the 2008 financial crisis
"Analyzing growing consumer leverage another way, Mohr said the ratio of debt compared against the U.S. population estimated at 327 million, according to U.S. Census Bureau data, translates to a record per-person debt ratio at $41.77, surpassing the ratio of $41.68 back in 2008.
"Check out: The richest 10% of households now represent 70% of all U.S. wealth"
Trump has done nothing to change rising levels of debt for 90% of all Americans, and that makes the next economic collapse certain at some point.
Who will Trump blame for that failure?
Period.
You’re a dishonest partisan hack.Wall Street derivatives crashed the global economy in 2008, and they are poised to do the same today (on Trump's watch).
BIS Drops a Bombshell: Four U.S. Mega Banks Are Core of Repo Loan Crisis
"The risks posed by a handful of banks in the derivatives market is even more concentrated.
"According to a quarterly report from the federal regulator of national banks, the Office of the Comptroller of the Currency (OCC), just five banks control 82 percent of the $280 trillion in notional (face amount) of derivatives at the 25 largest bank holding companies.
"Derivatives played a critical role in blowing up Wall Street banks in 2008 and resulted in the largest taxpayer and Federal Reserve bailout of any industry in U.S. history.
"Despite that epic crisis, which produced the worst economic downturn in the United States since the Great Depression, Wall Street lobbyists have continued to stymie meaningful reform and have actually convinced the Trump administration to engage in weakening the inadequate regulations that Congress passed in 2010 under the Dodd-Frank financial reform legislation."
The market issue was a correction. Obama energy policy tanked the economy.
Energy production was poised to increase dramatically until Obama stifled it immediately upon taking office. I can actually remember things from 10 and 11 years ago.
Aletheia4u
Gold Member
- Feb 3, 2017
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There is a shortage of driver. That there are many companies are in need of drivers. And so it will be easy for them to get another OTR job. Amazon are trying to fill up their driving positions. They just put their truck fleet on the road.
depotoo
Diamond Member
- Sep 9, 2012
- 40,719
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I and he doesn’t care because he doesn’t live here.
airplanemechanic
Diamond Member
- Nov 8, 2014
- 20,899
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You aren't in the trucking industry.
The problem with mega's like Celadon is that they became too big for their britches. They start to treat drivers like crap and then the good ones leave meaning all they get is crappy drivers.
Celadon is a huge crappy mega. They're like Swift and JB Hunt, just not quite as big but just as crappy. Trucks are governed at like 63 or 64. My truck will blow their doors off. Good riddance. Fewer drivers on the roads mean freight rates go up.
depotoo
Diamond Member
- Sep 9, 2012
- 40,719
- 13,430
- 2,280
No, they were crooks.
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