Things are getting dark

HipLew said:
why would the reps blaming dems be a surprise? the dems tried to blame the reps, especially shrub, for the slowdown that started when bull clowntoon was still in orifice.
Click to expand...

what about this "slowdown" though ?
imho this one is going to make the last one look like a picnic in the park....
 
The economy has ups and downs. The idea is to use policy to keep them as shallow as possible. The Bush team used the subprime fiasco to bolster their economic situation instead of trying to nip it in the bud. The result is what we are seeing now. They alllowed the industry to wring many Americans dry to keep them shopping. It was irresponsible policy and it will haunt America for the next ten years.
 
Desh said:
The economy has ups and downs. The idea is to use policy to keep them as shallow as possible. The Bush team used the subprime fiasco to bolster their economic situation instead of trying to nip it in the bud. The result is what we are seeing now. They alllowed the industry to wring many Americans dry to keep them shopping. It was irresponsible policy and it will haunt America for the next ten years.
Click to expand...

LMAO.... The Bush team did this? Right Desh.

This policy was heavily promoted under your beloved dear leader Clinton. You think the economy didn't benefit from this practice then? Bush may not have done anything to stop it..... but neither did any single Dem in DC. BOTH parties could have done something, neither chose to do so. Bottom line though is that the bulk of the responsibility lies with the borrower and lender. The industry didn't "wring Americans dry".... by and large most of those people wanted more home/car/toys than they could afford and they got burned when rates went up. The industry got burned because they did not act to stop the consumer from taking out loans they should have known would blow up.

This is NOT to say there weren't any predatory lending practices, but the consumer has a responsibility to live within their means AND to know what they are purchasing.
 
What part about the fact that this type of loan exploded during the years of 2003 and 2006 do you not understand?

The R entirely run government failed to act when the policy was abused by the lenders.
 
And under one the credit industry created a situation which fucked up the economy because it was not held in check.
 
Lets not forget that banks were deregulated to allow this trash credit debacle to happen in the first place...
Deregulation is our friend once again....
 
Desh said:
What part about the fact that this type of loan exploded during the years of 2003 and 2006 do you not understand?

The R entirely run government failed to act when the policy was abused by the lenders.
Click to expand...

What part of the fact that the explosion began in 1995 do you not understand? Of course it escalated when interest rates declined. But that had nothing to do with any policy the Reps or Bush implemented. It had to do with interest rates.

What part of the fact that you don't need to be in power to take action do you not understand? The Dems could easily have blanketed the news telling consumers why this was a bad idea and they could have used it against the Reps for not doing more with their power. But the Dems, like the Reps did nothing. I know you want to blame just the Reps, but that is idiotic.

What part do you not understand that the Dems at the state level also could have acted.... but did not?

AS I have said before, you are a party hack. You refuse to see that this situation was encouraged by BOTH parties. They BOTH touted it. Yet you want to blame the Reps because they were in power. Fine. Will you hold the same standards to the Dems should they indeed win the WH and maintain control of both Houses?

Will all the problems that occur under their watch be just their fault and not the fault of anything that happened prior to their taking office?
 
Desh said:
And under one the credit industry created a situation which fucked up the economy because it was not held in check.
Click to expand...

Listen Desh... that policy began in 1995. What fucking part of that do you not get? It was the Rep Congress and CLINTON that let that come in to play. The credit industry did not create the situation. They are partly to blame for taking advantage of it. The consumers are also responsible.

But please, continue drinking your kool-aid. Enjoy the brainwashing you get from moveon.org. Put your blinders on and chant "the Dems are my saviors and the Reps are evil!, The Dems can do no wrong, the Reps can do no right"

I am sure that will make you feel all warm and cozy.
 
Not to worry US... we don't actually expect any real dialogue from you. Your one-liners are normally off point and meaningless. Must be that GED ;)
 
Superfreak said:
Not to worry US... we don't actually expect any real dialogue from you. Your one-liners are normally off point and meaningless. Must be that GED ;)
Click to expand...

Ohh you must be one of those spinsters then ?

The regulations they undone for the finiancial industry were there for a purpose. Too keep this from happening....

And yes people are to blame, butt they are not too bright are they. They did re-elect Bush....
 
uscitizen said:
Ohh you must be one of those spinsters then ?

The regulations they undone for the finiancial industry were there for a purpose. Too keep this from happening....

And yes people are to blame, butt they are not too bright are they. They did re-elect Bush....
Click to expand...

No goofball, you really must pay more attention to topper. YOU are the spinster with the GED. I am the super duper smart colleg edumacated guru.

and yes, the regulations they loosened were not meant to be loosened. That most certainly led us into this situation. My point was that it was both parties that were championing the "increased home ownership" crap. My second point was that regardless of what the politicians did on this, it is primarily the fault of the lender and borrower and they are both now getting burned for their greed.
 
Desh said:
http://responsiblelending.org/issues/mortgage/reports/page.jsp?itemID=28546805

Some states did.

Trying to pretend that the Dems were able to do ANYTHING that the R did not want is just bullshit.
Click to expand...

Yes, desh, thank you for proving that it could have been done at the state level.

As for your second part.... again... not being able to pass a bill does NOT equate to not being able to do anything.

1) Could they have gone to the press and stated their case and informed the consumer of the potential problems? YES

2) Could they have gone grassroots and informed their constituents? YES

3) Could they have used the internet to get their message out? YES

4) Could they have fillabustered until the problem was addressed? YES

5) Could they have encouraged Dems at the state level to do more? YES

There are many things they could have done. They did little to nothing.
 
uscitizen said:
Yes both parties have become more like each other. a sad situation.
Click to expand...

Wow... that has to be the best thing you have written in a month. AND you did it in the traditional one line format.

Seriously... I agree with that completely. Which I think is one of the reasons the partisanship has intensified so much in the past couple of decades. By keeping the populace pissed and blaming the "other party" they can keep up the charade.
 
Superfreak said:
Wow... that has to be the best thing you have written in a month. AND you did it in the traditional one line format.

Seriously... I agree with that completely. Which I think is one of the reasons the partisanship has intensified so much in the past couple of decades. By keeping the populace pissed and blaming the "other party" they can keep up the charade.
Click to expand...

I am regretfully forced to agree with that.

Yep The Great Divider Movement has been in motion for a while now.
I think you are smart enough to realize which party spawned that movement.
 
uscitizen said:
I am regretfully forced to agree with that.

Yep The Great Divider Movement has been in motion for a while now.
I think you are smart enough to realize which party spawned that movement.
Click to expand...

Yep. The Republicrats or do they call themselves Demopublicans? I always forget which it is.
 
You must log in or register to reply here.
Back
Top