I am not on lifetime Golden pension to do the job of 635 genius. They did something AFTER. Why not preventative? They caused it with CRA, Glass-Stegall etc. undo-fix it before collapse?
Now i see you all playing debt numbers games. I find this gem online? WTH? Other borrow $830B in 2016? I am out!
Year GrossDebt Debt Increase FederalDeficit Other Borrow
2000 5629 24 -236 259
2005 7905 551 318 232
2010 13529 1653 1294 359
2011 14764 1235 1300 -64
2012 16051 1287 1087 200
2013 16719 669 680 -11
2014 17795 1075 485 590
2015 18120 326 438 -113
2016 19537 1417 587 830
So we can trust nothing posted? Actual debt 2016 $1.417T?
The CRA and the Gramm–Leach–Bliley Act were many years earlier. You were blaming the 110th Congress which was seated in 2007.
You said they failed to prevent the economic meltdown. I asked you what you think they could have done to stop it, but you’re refusing to answer.
I answered you. Because you don't understand, want to read it, want to harass? Not my issue. They did something after "never let a crisis go to waste" wink wink.....why not prevent collapse? Do something proactive. They had over 20 months with insider information.
They like crisis, collapse. They get to re-structre under their spending. See the charts? Spending was nearer to $2T before, 33% immediate increase and kept at that level on-going. Somethings' fishy.
Typical lying con. Falsely claiming you answered a question you dodged.
Here’s the dialogue...
[/INDENT]
... anyone can click on it and see
you never answered the question, “what action could they [the 110th Congress] have taken that would have prevented the meltdown?
If you don’t answer it, you demonstrate you’re simply full of shit.
"They did something AFTER. Why not preventative? They caused it with CRA, Glass-Stegall etc. undo-fix it before collapse?"
One of many buried answers pasted again! they had information we dont? Do they save Lehman bros? Do they pay all underwater homes off? They know in advance, we dont. I cant do a job of 535 w/o information up front.
Con, I didn’t ask you what caused it... you blamed the 110th Congress. The 110th Congress, seated in 2007, passed neither the CRA or the Gramm-Leach-Bliley Act, so who knows why you keep going back to that?
You said the 110th Congress
”prevented action to prevent the decline.”
I’m trying to get you to answer how they did that. You can’t say because you obviously don’t have a ******* clue about the topic.