Get Ready for another Housing crash thanks to Democrats

Althea said:
The funny thing is that this debate was settled more than 10 years ago. Did they bookmark the lies that were being touted then?
Click to expand...

That's the thing about propaganda...it doesn't have to be accurate, it just has to have volume.
 
LV426 said:
You haven't backed anything up here other than an Op-Ed from the guy who stupidly mocked the warnings of a bubble in 2005.
Click to expand...

Anything I bolded is a matter of public record, you dishonest fucking snake.

You know what I do with snakes?

I bash them in the head with a shovel until it's just a mash and then cut the head off and bury it.
 
PostmodernProphet said:
the idiots on the left WILL repeat the errors they made because they refuse to admit they made errors.....
Click to expand...

You're the ones who made errors.

The first error was to cut taxes.

The second error was to weaken regulations.

The third error was to tie the tax cuts to the weakened regulations.

Every single choice you clowns made during Bush the Dumber was fucking wrong.
 
LV426 said:
Today has not been your day:

RootsOfRecession-fig3-693.png
Click to expand...

You need to read the bibliography of that bullshit and ask yourself if they happened to have any personal interest in it.
 
Matt Dillon said:
Anything I bolded is a matter of public record, you dishonest fucking snake.
Click to expand...

No, what you bolded was an Op-Ed from the guy who didn't believe that the housing market would collapse 10 years earlier.

What you didn't do was show what specific actions Clinton took, or the legislation that you and Kudlw are claiming says what it says.

You didn't link to any of that shit...you lazily relied on Larry fucking Kudlow. Jesus.

You couldn't show your work, all you did was steal from a fucking idiot who called those who warned of a housing bubble back in 2005, "Bubbleheads".

This is your guy:

The Housing Bears Are Wrong Again
By LARRY KUDLOW
June 20, 2005 2:40 PM
Homebuilders led the stock parade this week with a fantastic 11 percent gain. This is a group that hedge funds and bubbleheads love to hate. All the bond bears have been dead wrong in predicting sky-high mortgage rates. So have all the bubbleheads who expect housing-price crashes in Las Vegas or Naples, Florida, to bring down the consumer, the rest of the economy, and the entire stock market.
https://www.nationalreview.com/2005/06/housing-bears-are-wrong-again-larry-kudlow/

Could there have ever been a worse prediction?
 
LV426 said:
No, what you bolded was an Op-Ed from the guy who didn't believe that the housing market would collapse 10 years earlier.

What you didn't do was show what specific actions Clinton took, or the legislation that you and Kudlw are claiming says what it says.

You didn't link to any of that shit...you lazily relied on Larry fucking Kudlow. Jesus.

You couldn't show your work, all you did was steal from a fucking idiot who called those who warned of a housing bubble back in 2005, "Bubbleheads".

This is your guy:

The Housing Bears Are Wrong Again
By LARRY KUDLOW
June 20, 2005 2:40 PM
Homebuilders led the stock parade this week with a fantastic 11 percent gain. This is a group that hedge funds and bubbleheads love to hate. All the bond bears have been dead wrong in predicting sky-high mortgage rates. So have all the bubbleheads who expect housing-price crashes in Las Vegas or Naples, Florida, to bring down the consumer, the rest of the economy, and the entire stock market.
https://www.nationalreview.com/2005/06/housing-bears-are-wrong-again-larry-kudlow/

Could there have ever been a worse prediction?
Click to expand...

Nothing I bolded was untrue and is a matter of public record.

Clinton laid the foundation for the Bush housing bubble pop.
 
Matt Dillon said:
Nothing I bolded was untrue and is a matter of public record.
Click to expand...

It is all untrue and absolutely NONE OF IT is a matter of public record, because if it was, you would have linked to it.

All you've linked to is an Op-Ed from this guy:

Homebuilders led the stock parade this week with a fantastic 11 percent gain. This is a group that hedge funds and bubbleheads love to hate. All the bond bears have been dead wrong in predicting sky-high mortgage rates. So have all the bubbleheads who expect housing-price crashes in Las Vegas or Naples, Florida, to bring down the consumer, the rest of the economy, and the entire stock market.
Click to expand...

Sloppy, sloppy work.
 
Matt Dillon said:
Clinton laid the foundation for the Bush housing bubble pop.
Click to expand...

No he didn't.

Bush did what Bush did, independent of Clinton.

Nothing Clinton did forced Bush to make the choices he made.

In fact, Bush reversed Clinton rules and regulations that prevented a bubble.
 
LV426 said:
It is all untrue and absolutely NONE OF IT is a matter of public record, because if it was, you would have linked to it.

All you've linked to is an Op-Ed from this guy:



Sloppy, sloppy work.
Click to expand...

Now you're just lying. I know I got ya, because you can't stop trying to spin it into a win in your favor. You lose, bro.

You still haven't disproven that Carter started it all.

And now you're flat-out lying. Bye bye! G'luck with that! :thumbsup:
 
Matt Dillon said:
I don't "Google" anything. And what I'm talking about is absolutely correct.

I don't get "talking points" in my inbox, unlike some other people around here.

See if you can follow this logic here. (I'm playing Devil's Advocate)

Poster A claims Carter started bla bla bla

Poster B then pipes up and says "No he did not!" and then goes on to support his claim by posting something that involves dates from 1995-onward only.

Can you see where the problem is here? Or no?

:rolleyes:
Click to expand...
You were arguing about CRA and the crash. If not, then I stand corrected. You then went on to blame Clinton. CRA originated under Carter, and expanded under Clinton in exchange for an end to Glass/Steagall.

Three Republicans wrote the bill, but even their own party wouldn't pass it. So in the last minute, they had to compromise with Democrats. That was a different era, when each party hated the bills they passed. But they got things done.

None of which explains how the whores on Wall St. aren't the initiator of the crash. It happened 10 years after G/S was done away with. If it's on Clinton, what took so long?

As LV states, there were still safeguards in place until Bush did away with them.
 
Althea said:
You were arguing about CRA and the crash. If not, then I stand corrected. You then went on to blame Clinton. CRA originated under Carter, and expanded under Clinton in exchange for an end to Glass/Steagall.

Three Republicans wrote the bill, but even their own party wouldn't pass it. So in the last minute, they had to compromise with Democrats. That was a different era, when each party hated the bills they passed. But they got things done.

None of which explains how the whores on Wall St. aren't the initiator of the crash. It happened 10 years after G/S was done away with. If it's on Clinton, what took so long?

As LV states, there were still safeguards in place until Bush did away with them.
Click to expand...

It's combo Clinton and Bush. They were the main players.

You could include a host of secondary players if you wanted to.

None of this has to do with the OP.
 
Matt Dillon said:
It's combo Clinton and Bush. They were the main players.

You could include a host of secondary players if you wanted to.

None of this has to do with the OP.
Click to expand...
The OP doesn't merit discussion. But, anyone who mentions the CRA in the discussion is just wrong. If that wasn't you, kudos.
 
Althea said:
The OP doesn't merit discussion. But, anyone who mentions the CRA in the discussion is just wrong. If that wasn't you, kudos.
Click to expand...

Wasn't me. However LV426 swung and whiffed on the rebuttal of that with a spectacular fail. Sounds like you could do better.
 
LV426 said:
WRONG.

"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. "
https://www.federalreserve.gov/images/20081203_analysis.pdf
Click to expand...

The federal reserve is not a history text. It is a government agency.
 
You must log in or register to reply here.
Back
Top