Amen!
Unemployment at a 4 year low...
- Thread starter Jarod
- Start date
Amen!
cawacko
Well-known member
Onceler, the housing bubble was caused by a massive push from our government to increase home ownership, the fed which kept interest rates at near historic lows, crazy new loan products and Wall St which created all types of ways to package and market new financial products backed by the housing market which fueled the bubble.
Overspending on a transportation bill did not cause the actions I listed above. Lower tax rates did not cause the actions above unless your argument is people keeping more of their money made them feel they could purchase a home.
I voted for Bush twice. I'll say straight up he sucked as a President. To me though you are allowing your dislike of Bush to cloud your mind over the real issues that drove our economy into near collapse.
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cawacko
Well-known member
And what role did two wars play in the housing bubble and Wall St hysteria?
The question was what Bush policies created our mess, part of that answer, two wars is part of that answer, not the hole answer, but it is part of his policy that helped create a bad situation or the USA.
The hosing bubble was created by greed and shifty lenders.
Twice, I sure wouldn't admit to that, once was bad, but twice, just plain ass stupid.
The hosing bubble was created by greed and shifty lenders.
Twice, I sure wouldn't admit to that, once was bad, but twice, just plain ass stupid.
I started to correct hosing, then decided it was pretty accurate.
Cancel 2020.1
Canceled
To me, the housing bubble was a symptom, one of many. It's the most direct link to the collapse, but it's only at the surface. It's a reflection.
cawacko
Well-known member
The hosing bubble was created by greed and shifty lenders.
Twice, I sure wouldn't admit to that, once was bad, but twice, just plain ass stupid.
The housing bubble was created by more than greedy and shifty lenders. They played a role but that leaves the fed and Wall St out of the equation. It's not that facile of an answer.
Jeebus, you want me to go all Dixie?
cawacko
Well-known member
1) Yes, I am open to hearing your opinion in further detail.
2) No I do not want a Dixie-esque answer where it's all Republicans this and Democrats that. One can talk about about the issues which led to the financial crash without it being a straight partisan rant.
Its perfectly ok for us to "save" the Libyans from Gaddafi, the Egyptians from Mubarak and the Muslims from Milošević
But the pinheads complain when we save Iraqis from Saddam or take action against those that attacked us on 9.11
Does that make sense ?
Is it only acceptable to do the right thing when the cost to us is light ?
Two wars where we occupied and did nation building, borrowing to make war, unpresidented in our history.
Iraq was just pain bad policy. We could have gotten the bad guys in Afghanistan without occupying the country.
Two mishandled wars, lots of fraud, corruption and misappropriation of funds and you call me a pinhead for these policies you supported.
I will tell you, again, I do not support the US's foreign policies in the ME. I don't know why I bother though, you won't remember.
Dixie - In Memoriam
New member
I am not partisan about anything pertaining to the economic crisis. It was clearly policies implemented by Democrats and signed into law by a Republican president, which led to the calamity. The Democrats had Republican support and the Republican president had Democrat support, at the time. In other words, it was a bipartisan effort by our government to screw things up.
Regardless, the FUTURE has nothing to do with who was to blame for the past. So it's a totally pointless argument. We can look back objectively at the policies which were implemented, and they are clearly Marxist Socialist policies of the left, whether supported by Republicans or not, that's what they were, and that's why they failed. Whenever government interferes with free market capitalist systems, the results are almost always bad. Government actually has less integrity than the capitalists! They have little or no accountability because they make the rules, they control the legislative branch.
We're at a point in time where Americans need to realize some things, namely, that the left does not have their best interests at heart. These 'arguments' aren't about macro-economics, or who was to blame for what, those are diversions and distractions. Liberals want to destroy Capitalism to usher in Utopian Marxist Socialism, and everyone needs to clearly understand that's what they are doing. Everything they say, every argument they make, every distraction and diversion they throw out, is designed and intended to help destroy Capitalism. They will preoccupy you with "intelligent debate" if that's what you will entertain yourself with, while they march us closer and closer to totalitarianism. Some of you seem to be content with that, as if we're having some profound reasoned debate over these petty little side issues, like who was at fault for the economic collapse.
Dixie - In Memoriam
New member
Yet you re-elected the man who involved us in three more countries over there, with indiscriminate drone attacks on civilians of sovereign nations who didn't attack us, who secretly implemented a program to drone attack American citizens, who "misappropriated" huge weapons caches to drug smugglers in MEXICO, who expanded the Bush Doctrine and Patriot Act policies, who kept Gitmo open in spite of his promise to close it, and who managed to get more soldiers killed in Afghanistan than Bush did. Incidentally, we are STILL occupying Afghanistan, and there has been absolutely no talk of (or demand for answers) on a timeline for withdrawal or exit strategy. So your after-the-fact complaints of Bush just aren't hitting the mark anymore. This kind of stupid emotive shit worked when Bush was president, but that was 5 years ago.
You not pay attention and this post shows it.
Dixie - In Memoriam
New member
No, I AM paying attention, and your inability to articulate how I am not paying attention, is shown in this post.
If you paid attention you would know your first statement is incorrect. I do not support Obama's the positions you were ranting about, but Bush is still responsible and just because Obama has continued his bad policy does not remove the blame from Bush.
Huh? Wouldn't remove the blame for events while bush was president, but since Obama has had ample opportunity to affect policy change, how is it possible he escapes blame?
He doesn't, Bush is to blame for the initiation, Obama is to blame for the continuation and expansion.
I was going to say that it's because we've got more Democrats in power, than Republicans.