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Honored Social Butterfly

Can't Let Go

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Honored Social Butterfly


@Olderscout66 wrote:

The GOPerLords insist their minions gauge the economy by the Stock Market because that's where all the Lords put and keep our money.

 

Some folks at MIT Slone graduate school of business did a study years ago that showed that 1% of individual investors owned 90% of the stocks not held by funds. Yes, you may have some stock and your pension fund may have more, but your share of that particular "pie" is the crumbs around the edge.

 

Since 1970, the increased profits from increased worker productivity have gone not to the workers as was the case from 1936 until 1970, but to the management - the ones dividing the profits. This disparity between one's contribution to the profits and one's share of the profits decreased slowly until 1980 when the Reagan Taxscams allowed the manager/dividers to keep virtually all the additional income they accorded to themselves and from 1980 until 2016, worker productivity increased 146% while workers wages only increased 7%. Meanwhile the income of the top 10% DOUBLED and the top 1% TRIPLED.

 

If the relationship between wages and productivity we experienced from 1936 until 1970 had continued, the average wage for American workers would be $90,000 and the average CEO would be making $5Million, not $15Million and management compensation would be similarily reduced.

 

And it's not JUST the $30,000/yr that workers lost, its the marvelous infrastructure our parents and grandparents built for us and Republicans have allowed to deterioriate to 3d world levels. That lost infrastructure included excellent primary and secondary schools and highly affordable higher education so anyone desiring to attend could do so without borrowing money.

 

We now know with absolute certainty the "dribble down" economics Reagan used and Republicans continue to use to justify their redistribution of income and wealth using the tax code has been an abject FAILURE for 90% of Americans, including about 90% of Republicans.

 

The rich have gamed the system so we cannot supply all the "high tech" workers we need, so everybody now sees at least one foreign educated physician or dentist. Those Americans who have STEM jobs are not seeing any promotions because Republicans allow in STEM workers who will accept much less and will NOT be getting any retirement package.

 

How long will those who can actually think about what's happened allow it to continue? The only way to reverse the trend is to purge the system of those who keep in happening - REPUBLICANS. The new crop of Democratic Representatives is a wonderful sign of hope for the future, but we need to do the same with the Senate and White House in 2020.


Between an employer holding back a pay raise for his employees because he got a tax cut and the rich Republicans controlling the hiring in high tech firms - that is quite a world you have created in your mind.

 

As to the "new crop" - their only fix is wealth redistribution. That is not a healthy thing for the country.

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Regular Social Butterfly

Olderscout...your last post speaks loud and thank you. What many of the boomers and republicans do not understand is that the jobs that the generations following them didn't have the benefits like retirement options...welcome the 401k type programs...but many no longer had paid or mostly paid health insurance benefits and therefore, had to have that taken out of the monthly budget...results being no money to put into the retirement accounts. It was taking all they had in their pay to live payday to payday. Now, with the millenials and younger, they have outrageous student loan debts to pay before they can even "start" living that so called American dream. Huh...nice set up for generations that follow, no?
Honored Social Butterfly


@Butterfly565 wrote:
Olderscout...your last post speaks loud and thank you. What many of the boomers and republicans do not understand is that the jobs that the generations following them didn't have the benefits like retirement options...welcome the 401k type programs...but many no longer had paid or mostly paid health insurance benefits and therefore, had to have that taken out of the monthly budget...results being no money to put into the retirement accounts. It was taking all they had in their pay to live payday to payday. Now, with the millenials and younger, they have outrageous student loan debts to pay before they can even "start" living that so called American dream. Huh...nice set up for generations that follow, no?

Thanks for the support.

People refuse to see the connection between the drastic reductions in the top tax brackets and the fact those formerly in those brackets are simply keeping all the profits for themselves.

 

The Reagan taxscam and subsequent Republican moves to further reduce the taxes for the top 10% have not only shifted all the profits once shared by the workers into the pockets of the top 10%, it "starved" the Federal Government of the funds that had been keeping college affordable and State and local taxes low because of REVENUE SHARING. Republicans made sure State and Local taxes could never keep up with the lost Federal support, so all the things Government provided to our parents and Grandparents are GONE, and we now have each generation of Americans doing WORSE than the generation before.

 

I've yet to see anyone on the Right explain how things are better now for the bottom 90%, just that making them better (as We the People did from 1936 until 1980) was SOCIALIST and had to be stopped.

 

I cannot believe those folks actually think somehow increasing Corporate Profits will lead to a better life for all Americans. They calim to be "Capitalists", but they totally ignore the wise words of one of Capitalism's greatest pundits - Milton Freedman who pointed out long ago " The ONLY moral imparetive for the Corporate manager is to maximize profits for the owners."

 

Corporations are not people and THEY will NEVER make things better for the average American - in fact, for the last 43 years, they've made things decidedly WORSE. The only agent of Change that has improved things for all Americans is OUR GOVERNMENT. If we leave it in the hands of the Republicans, that will NEVER happen - its just totally opposed to their way of thinking and acting.

Honored Social Butterfly


@Olderscout66 wrote:

@Butterfly565 wrote:
Olderscout...your last post speaks loud and thank you. What many of the boomers and republicans do not understand is that the jobs that the generations following them didn't have the benefits like retirement options...welcome the 401k type programs...but many no longer had paid or mostly paid health insurance benefits and therefore, had to have that taken out of the monthly budget...results being no money to put into the retirement accounts. It was taking all they had in their pay to live payday to payday. Now, with the millenials and younger, they have outrageous student loan debts to pay before they can even "start" living that so called American dream. Huh...nice set up for generations that follow, no?

Thanks for the support.

People refuse to see the connection between the drastic reductions in the top tax brackets and the fact those formerly in those brackets are simply keeping all the profits for themselves.

 

The Reagan taxscam and subsequent Republican moves to further reduce the taxes for the top 10% have not only shifted all the profits once shared by the workers into the pockets of the top 10%, it "starved" the Federal Government of the funds that had been keeping college affordable and State and local taxes low because of REVENUE SHARING. Republicans made sure State and Local taxes could never keep up with the lost Federal support, so all the things Government provided to our parents and Grandparents are GONE, and we now have each generation of Americans doing WORSE than the generation before.

 

I've yet to see anyone on the Right explain how things are better now for the bottom 90%, just that making them better (as We the People did from 1936 until 1980) was SOCIALIST and had to be stopped.

 

I cannot believe those folks actually think somehow increasing Corporate Profits will lead to a better life for all Americans. They calim to be "Capitalists", but they totally ignore the wise words of one of Capitalism's greatest pundits - Milton Freedman who pointed out long ago " The ONLY moral imparetive for the Corporate manager is to maximize profits for the owners."

 

Corporations are not people and THEY will NEVER make things better for the average American - in fact, for the last 43 years, they've made things decidedly WORSE. The only agent of Change that has improved things for all Americans is OUR GOVERNMENT. If we leave it in the hands of the Republicans, that will NEVER happen - its just totally opposed to their way of thinking and acting.


Do you disagree with Milton Friedman (or his cousin Milton Freedman)?

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Honored Social Butterfly


@rk9152 wrote:

@Olderscout66 wrote:

@Butterfly565 wrote:
Olderscout...your last post speaks loud and thank you. What many of the boomers and republicans do not understand is that the jobs that the generations following them didn't have the benefits like retirement options...welcome the 401k type programs...but many no longer had paid or mostly paid health insurance benefits and therefore, had to have that taken out of the monthly budget...results being no money to put into the retirement accounts. It was taking all they had in their pay to live payday to payday. Now, with the millenials and younger, they have outrageous student loan debts to pay before they can even "start" living that so called American dream. Huh...nice set up for generations that follow, no?

Thanks for the support.

People refuse to see the connection between the drastic reductions in the top tax brackets and the fact those formerly in those brackets are simply keeping all the profits for themselves.

 

The Reagan taxscam and subsequent Republican moves to further reduce the taxes for the top 10% have not only shifted all the profits once shared by the workers into the pockets of the top 10%, it "starved" the Federal Government of the funds that had been keeping college affordable and State and local taxes low because of REVENUE SHARING. Republicans made sure State and Local taxes could never keep up with the lost Federal support, so all the things Government provided to our parents and Grandparents are GONE, and we now have each generation of Americans doing WORSE than the generation before.

 

I've yet to see anyone on the Right explain how things are better now for the bottom 90%, just that making them better (as We the People did from 1936 until 1980) was SOCIALIST and had to be stopped.

 

I cannot believe those folks actually think somehow increasing Corporate Profits will lead to a better life for all Americans. They calim to be "Capitalists", but they totally ignore the wise words of one of Capitalism's greatest pundits - Milton Freedman who pointed out long ago " The ONLY moral imparetive for the Corporate manager is to maximize profits for the owners."

 

Corporations are not people and THEY will NEVER make things better for the average American - in fact, for the last 43 years, they've made things decidedly WORSE. The only agent of Change that has improved things for all Americans is OUR GOVERNMENT. If we leave it in the hands of the Republicans, that will NEVER happen - its just totally opposed to their way of thinking and acting.


Do you disagree with Milton Friedman (or his cousin Milton Freedman)?


I do agree with Friedman's assertion that -"If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand".

 

It's necessary to remember that Friedman was awarded the Nobel Prize back in the days when we had not yet learned that there was no necessity for a deity to start the process of creation - back when most did not realize that the bible was not absolutely inerrant - back when no right wingers had the intellect to realize that H.Sapiens and Chimpanzees are in fact 99% genetically identical - back before it was realized that there are more than a billion times more suns and many millions times more galaxies than imagined...

 

 In short - it was back when people still believed the same ludicrous and imaginary fairy tale nonsense that tRump and his backward Klan of droogs persist in believing today...

 

Yes - there are fools that implicitly believe Frieman's nearly half-century old ideas are accurate and truthful - 43 years later - yep - the description is fatuously credible...

 

Stupid is as trump Klan followers, supporters, and droogs believe...

 

 

44>dolt45
Honored Social Butterfly

Lol... the words escape me.

Libs are nuttier than squirrel poop
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Honored Social Butterfly


@Fishslayer777 wrote:
Lol... the words escape me.

Does this happen a lot when participating in a discussion forum? 

Honored Social Butterfly

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Honored Social Butterfly

UH ---- those "LIBERAL IDEAS "   About the Role of WE THE PEOPLE who are the GOVT. ruin everything  ! !      

  American  conservatives,   diverge from modern liberal thought, holding that economic freedom is more important than equality and that providing for the general welfare exceeds the legitimate role of government.       

Modern liberalism in the United States includes issues such as same-sex marriage, reproductive and other women's rights, voting rights for all adult citizens, civil rights, environmental justice and government protection of freedom from want.      National social services such as equal education opportunities, access to health care and transportation infrastructure are intended to meet the responsibility to promote the general welfare of all citizens as established by the Constitution.  

Honored Social Butterfly

Another trump supporter fantasy cartoon!

The reality is that trump has planted a number of land mines in our economic path for the future...which ones will go off first?

 

tax returns donnie

Esteemed Social Butterfly


@williamb39198 wrote:

Another trump supporter fantasy cartoon!

The reality is that trump has planted a number of land mines in our economic path for the future...which ones will go off first?

 

tax returns donnie


Just as it was with the last republican president we had, the housing market land mine will be the first to go off. That handwriting is on the wall.

 

 

http://www.politifact.com/personalities/donald-trump/statements/byruling/false/ (13 pages of lies and growing)
Honored Social Butterfly


@BigLib wrote:

@williamb39198 wrote:

Another trump supporter fantasy cartoon!

The reality is that trump has planted a number of land mines in our economic path for the future...which ones will go off first?

 

tax returns donnie


Just as it was with the last republican president we had, the housing market land mine will be the first to go off. That handwriting is on the wall.

 

Only if the Dems can, again, succeed in placing many thousands of people in houses they can't afford and have the bankers take big risks on the promise that the government will back them.

 

 


 

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Honored Social Butterfly


@rk9152 wrote:

@BigLib wrote:

@williamb39198 wrote:

Another trump supporter fantasy cartoon!

The reality is that trump has planted a number of land mines in our economic path for the future...which ones will go off first?

 

tax returns donnie


Just as it was with the last republican president we had, the housing market land mine will be the first to go off. That handwriting is on the wall.

 

Only if the Dems can, again, succeed in placing many thousands of people in houses they can't afford and have the bankers take big risks on the promise that the government will back them.

 

 


 


The financial land mine comprised of bogus home loans and bundled bad loans went off on September 18, 2008 - that's about a month-and-a-half before the election that Obama won - and three and a half months before Obama took the reins of office and started to fix the "bleep-up" that Dubya and his dishonest republican/conservative buddies constructed and lit the fuse on during Dubya's administration...

 

Of course - the clinically fascinating memory processes of tRump cult "magats" will claim that things happened in a different way - as described in the alternative reality...

 

44>dolt45
Esteemed Social Butterfly


@rk9152 wrote:

@BigLib wrote:

@williamb39198 wrote:

Another trump supporter fantasy cartoon!

The reality is that trump has planted a number of land mines in our economic path for the future...which ones will go off first?

 

tax returns donnie


Just as it was with the last republican president we had, the housing market land mine will be the first to go off. That handwriting is on the wall.

 

Only if the Dems can, again, succeed in placing many thousands of people in houses they can't afford and have the bankers take big risks on the promise that the government will back them.

 

 


 


Uh huh. I don't think it was Democrats forcing Wall Street to ignore the risky subprime loans they were bundling as mortgage back securities, and then issued bonds using those mortgage back securities as their collateral. And while people were being thrown out of their homes, Wall Street was giving themselves bonuses with the TARP bailout money.

 

 

http://www.politifact.com/personalities/donald-trump/statements/byruling/false/ (13 pages of lies and growing)
Honored Social Butterfly


@BigLib wrote:

@rk9152 wrote:

@BigLib wrote:

@williamb39198 wrote:

Another trump supporter fantasy cartoon!

The reality is that trump has planted a number of land mines in our economic path for the future...which ones will go off first?

 

tax returns donnie


Just as it was with the last republican president we had, the housing market land mine will be the first to go off. That handwriting is on the wall.

 

Only if the Dems can, again, succeed in placing many thousands of people in houses they can't afford and have the bankers take big risks on the promise that the government will back them.

 

 


 


Uh huh. I don't think it was Democrats forcing Wall Street to ignore the risky subprime loans they were bundling as mortgage back securities, and then issued bonds using those mortgage back securities as their collateral. And while people were being thrown out of their homes, Wall Street was giving themselves bonuses with the TARP bailout money.

 

 


It was the Dems pushing for people unable to pay for homes to have them (and yes, Bush too). When Freddie and Fannie went too  far, it was the Dems (Maxine Waters etal defending them). When Bush warned about the potential coming problems in the housing he was ignored by the Dems.

 

Yes, there was TARP and there was Obama's near 100 billion dollar bail out package that gave us an understanding that those shovel ready jobs weren't all that shovel ready and the Tesla fiasco.

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Esteemed Social Butterfly


@rk9152 wrote:

@BigLib wrote:

@rk9152 wrote:

@BigLib wrote:

@williamb39198 wrote:

Another trump supporter fantasy cartoon!

The reality is that trump has planted a number of land mines in our economic path for the future...which ones will go off first?

 

tax returns donnie


Just as it was with the last republican president we had, the housing market land mine will be the first to go off. That handwriting is on the wall.

 

Only if the Dems can, again, succeed in placing many thousands of people in houses they can't afford and have the bankers take big risks on the promise that the government will back them.

 

 


 


Uh huh. I don't think it was Democrats forcing Wall Street to ignore the risky subprime loans they were bundling as mortgage back securities, and then issued bonds using those mortgage back securities as their collateral. And while people were being thrown out of their homes, Wall Street was giving themselves bonuses with the TARP bailout money.

 

 


It was the Dems pushing for people unable to pay for homes to have them (and yes, Bush too). When Freddie and Fannie went too  far, it was the Dems (Maxine Waters etal defending them). When Bush warned about the potential coming problems in the housing he was ignored by the Dems.

 

Yes, there was TARP and there was Obama's near 100 billion dollar bail out package that gave us an understanding that those shovel ready jobs weren't all that shovel ready and the Tesla fiasco.


Yeah. Not buying that load of revisionist history.

 

Here's the truth - the republican party controlled the United States Congress, the body charged with the regulatory and oversight duties of this nation, from 1994 until 2006. You honestly expect people to believe that Democrats were able to undo all of that republican fiscal policy, with a republican president still in the White House, in just a year and a half and crash the economy?? What a joke!

 

 

http://www.politifact.com/personalities/donald-trump/statements/byruling/false/ (13 pages of lies and growing)
Honored Social Butterfly


@BigLib wrote:

@rk9152 wrote:

@BigLib wrote:

@rk9152 wrote:

@BigLib wrote:

@williamb39198 wrote:

Another trump supporter fantasy cartoon!

The reality is that trump has planted a number of land mines in our economic path for the future...which ones will go off first?

 

tax returns donnie


Just as it was with the last republican president we had, the housing market land mine will be the first to go off. That handwriting is on the wall.

 

Only if the Dems can, again, succeed in placing many thousands of people in houses they can't afford and have the bankers take big risks on the promise that the government will back them.

 

 


 


Uh huh. I don't think it was Democrats forcing Wall Street to ignore the risky subprime loans they were bundling as mortgage back securities, and then issued bonds using those mortgage back securities as their collateral. And while people were being thrown out of their homes, Wall Street was giving themselves bonuses with the TARP bailout money.

 

 


It was the Dems pushing for people unable to pay for homes to have them (and yes, Bush too). When Freddie and Fannie went too  far, it was the Dems (Maxine Waters etal defending them). When Bush warned about the potential coming problems in the housing he was ignored by the Dems.

 

Yes, there was TARP and there was Obama's near 100 billion dollar bail out package that gave us an understanding that those shovel ready jobs weren't all that shovel ready and the Tesla fiasco.


Yeah. Not buying that load of revisionist history.

 

Here's the truth - the republican party controlled the United States Congress, the body charged with the regulatory and oversight duties of this nation, from 1994 until 2006. You honestly expect people to believe that Democrats were able to undo all of that republican fiscal policy, with a republican president still in the White House, in just a year and a half and crash the economy?? What a joke!

 

 


Yes, the Republicans controlled the Congress and as Americans gave the President (Obama) the support he asked for to deal with the situation - how times have changed.

 

And yes, the Republicans had previously supported the Dems foolish idea of putting people in homes they could not afford, thereby creating the problem.

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Honored Social Butterfly


@rk9152 wrote:

@BigLib wrote:

@rk9152 wrote:

@BigLib wrote:

@rk9152 wrote:

@BigLib wrote:

@williamb39198 wrote:

Another trump supporter fantasy cartoon!

The reality is that trump has planted a number of land mines in our economic path for the future...which ones will go off first?

 

tax returns donnie


Just as it was with the last republican president we had, the housing market land mine will be the first to go off. That handwriting is on the wall.

 

Only if the Dems can, again, succeed in placing many thousands of people in houses they can't afford and have the bankers take big risks on the promise that the government will back them.

 

 


 


Uh huh. I don't think it was Democrats forcing Wall Street to ignore the risky subprime loans they were bundling as mortgage back securities, and then issued bonds using those mortgage back securities as their collateral. And while people were being thrown out of their homes, Wall Street was giving themselves bonuses with the TARP bailout money.

 

 


It was the Dems pushing for people unable to pay for homes to have them (and yes, Bush too). When Freddie and Fannie went too  far, it was the Dems (Maxine Waters etal defending them). When Bush warned about the potential coming problems in the housing he was ignored by the Dems.

 

Yes, there was TARP and there was Obama's near 100 billion dollar bail out package that gave us an understanding that those shovel ready jobs weren't all that shovel ready and the Tesla fiasco.


Yeah. Not buying that load of revisionist history.

 

Here's the truth - the republican party controlled the United States Congress, the body charged with the regulatory and oversight duties of this nation, from 1994 until 2006. You honestly expect people to believe that Democrats were able to undo all of that republican fiscal policy, with a republican president still in the White House, in just a year and a half and crash the economy?? What a joke!

 

 


Yes, the Republicans controlled the Congress and as Americans gave the President (Obama) the support he asked for to deal with the situation - how times have changed.

 

And yes, the Republicans had previously supported the Dems foolish idea of putting people in homes they could not afford, thereby creating the problem.


No matter how many times you repeat this lie it will never become true.

 

 

Honored Social Butterfly


@Snoopy48 wrote:

@rk9152 wrote:

@BigLib wrote:

@rk9152 wrote:

@BigLib wrote:

@rk9152 wrote:

@BigLib wrote:

@williamb39198 wrote:

Another trump supporter fantasy cartoon!

The reality is that trump has planted a number of land mines in our economic path for the future...which ones will go off first?

 

tax returns donnie


Just as it was with the last republican president we had, the housing market land mine will be the first to go off. That handwriting is on the wall.

 

Only if the Dems can, again, succeed in placing many thousands of people in houses they can't afford and have the bankers take big risks on the promise that the government will back them.

 

 


 


Uh huh. I don't think it was Democrats forcing Wall Street to ignore the risky subprime loans they were bundling as mortgage back securities, and then issued bonds using those mortgage back securities as their collateral. And while people were being thrown out of their homes, Wall Street was giving themselves bonuses with the TARP bailout money.

 

 


It was the Dems pushing for people unable to pay for homes to have them (and yes, Bush too). When Freddie and Fannie went too  far, it was the Dems (Maxine Waters etal defending them). When Bush warned about the potential coming problems in the housing he was ignored by the Dems.

 

Yes, there was TARP and there was Obama's near 100 billion dollar bail out package that gave us an understanding that those shovel ready jobs weren't all that shovel ready and the Tesla fiasco.


Yeah. Not buying that load of revisionist history.

 

Here's the truth - the republican party controlled the United States Congress, the body charged with the regulatory and oversight duties of this nation, from 1994 until 2006. You honestly expect people to believe that Democrats were able to undo all of that republican fiscal policy, with a republican president still in the White House, in just a year and a half and crash the economy?? What a joke!

 

 


Yes, the Republicans controlled the Congress and as Americans gave the President (Obama) the support he asked for to deal with the situation - how times have changed.

 

And yes, the Republicans had previously supported the Dems foolish idea of putting people in homes they could not afford, thereby creating the problem.


No matter how many times you repeat this lie it will never become true.

 

 


What is it that you see as a lie that bothers you?? Were the Dems not highly active in getting poor people into homes they couldn't afford - did Bush not support their efforts? Did the Congress not support Obama's plans to deal with the collapse?
Or do you just enjoy calling fellow posters "liars"?
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Honored Social Butterfly


@rk9152 wrote:

@BigLib wrote:

@rk9152 wrote:

@BigLib wrote:

@rk9152 wrote:

@BigLib wrote:

@williamb39198 wrote:

Another trump supporter fantasy cartoon!

The reality is that trump has planted a number of land mines in our economic path for the future...which ones will go off first?

 

tax returns donnie


Just as it was with the last republican president we had, the housing market land mine will be the first to go off. That handwriting is on the wall.

 

Only if the Dems can, again, succeed in placing many thousands of people in houses they can't afford and have the bankers take big risks on the promise that the government will back them.

 

 


 


Uh huh. I don't think it was Democrats forcing Wall Street to ignore the risky subprime loans they were bundling as mortgage back securities, and then issued bonds using those mortgage back securities as their collateral. And while people were being thrown out of their homes, Wall Street was giving themselves bonuses with the TARP bailout money.

 

 


It was the Dems pushing for people unable to pay for homes to have them (and yes, Bush too). When Freddie and Fannie went too  far, it was the Dems (Maxine Waters etal defending them). When Bush warned about the potential coming problems in the housing he was ignored by the Dems.

 

Yes, there was TARP and there was Obama's near 100 billion dollar bail out package that gave us an understanding that those shovel ready jobs weren't all that shovel ready and the Tesla fiasco.


Yeah. Not buying that load of revisionist history.

 

Here's the truth - the republican party controlled the United States Congress, the body charged with the regulatory and oversight duties of this nation, from 1994 until 2006. You honestly expect people to believe that Democrats were able to undo all of that republican fiscal policy, with a republican president still in the White House, in just a year and a half and crash the economy?? What a joke!

 

 


Yes, the Republicans controlled the Congress and as Americans gave the President (Obama) the support he asked for to deal with the situation - how times have changed.

 

And yes, the Republicans had previously supported the Dems foolish idea of putting people in homes they could not afford, thereby creating the problem.


You didn't really read this or answer it:

 

 "Here's the truth - the republican party controlled the United States Congress, the body charged with the regulatory and oversight duties of this nation, from 1994 until 2006. You honestly expect people to believe that Democrats were able to undo all of that republican fiscal policy, with a republican president still in the White House, in just a year and a half and crash the economy?? What a joke!


Man learns from history that man learns nothing from history.
Honored Social Butterfly


@ChasKy53 wrote:

@rk9152 wrote:

@BigLib wrote:

@rk9152 wrote:

@BigLib wrote:

@rk9152 wrote:

@BigLib wrote:

@williamb39198 wrote:

Another trump supporter fantasy cartoon!

The reality is that trump has planted a number of land mines in our economic path for the future...which ones will go off first?

 

tax returns donnie


Just as it was with the last republican president we had, the housing market land mine will be the first to go off. That handwriting is on the wall.

 

Only if the Dems can, again, succeed in placing many thousands of people in houses they can't afford and have the bankers take big risks on the promise that the government will back them.

 

 


 


Uh huh. I don't think it was Democrats forcing Wall Street to ignore the risky subprime loans they were bundling as mortgage back securities, and then issued bonds using those mortgage back securities as their collateral. And while people were being thrown out of their homes, Wall Street was giving themselves bonuses with the TARP bailout money.

 

 


It was the Dems pushing for people unable to pay for homes to have them (and yes, Bush too). When Freddie and Fannie went too  far, it was the Dems (Maxine Waters etal defending them). When Bush warned about the potential coming problems in the housing he was ignored by the Dems.

 

Yes, there was TARP and there was Obama's near 100 billion dollar bail out package that gave us an understanding that those shovel ready jobs weren't all that shovel ready and the Tesla fiasco.


Yeah. Not buying that load of revisionist history.

 

Here's the truth - the republican party controlled the United States Congress, the body charged with the regulatory and oversight duties of this nation, from 1994 until 2006. You honestly expect people to believe that Democrats were able to undo all of that republican fiscal policy, with a republican president still in the White House, in just a year and a half and crash the economy?? What a joke!

 

 


Yes, the Republicans controlled the Congress and as Americans gave the President (Obama) the support he asked for to deal with the situation - how times have changed.

 

And yes, the Republicans had previously supported the Dems foolish idea of putting people in homes they could not afford, thereby creating the problem.


You didn't really read this or answer it:

 

 "Here's the truth - the republican party controlled the United States Congress, the body charged with the regulatory and oversight duties of this nation, from 1994 until 2006. You honestly expect people to believe that Democrats were able to undo all of that republican fiscal policy, with a republican president still in the White House, in just a year and a half and crash the economy?? What a joke!


I did read it, I did answer it. What is the joke??

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