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  1. #331
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    Re: SOTU Address:

    Quote Originally Posted by head of joaquin View Post
    Yep, the biggest recession in 70 years has longterm effects. Why does that perplex you? Oh, I get it, you want to pretend economic history started yesterday. I guess if I had Bush and his failed conservative policies to defend, I'd take that knownothing position too. So I feel your pain.
    The Housing Crash was caused by Democrats

    New Study Blames Community Reinvestment Act For Mortgage Defaults - Investors.com

    But a new study by the respected National Bureau of Economic Research finds, "Yes, it did. We find that adherence to that act led to riskier lending by banks."

    Added NBER: "There is a clear pattern of increased defaults for loans made by these banks in quarters around the (CRA) exam. Moreover, the effects are larger for loans made within CRA tracts," or predominantly low-income and minority areas.


    Democrats blocking GSE reform, insinuating the investigator into GSE corruption was racist

    https://www.youtube.com/watch?v=BzCG80Wz4mg

  2. #332
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    Re: SOTU Address:

    Quote Originally Posted by head of joaquin View Post
    You need proof that the last recession was the largest in 70 years? Now we see your problem. You're posting about things you haven't even bothered to learn basic facts about. Typical conservative knownothingism.

    Perhaps you need some remedial schooling on the Bush Meltdown before posting about it.
    I lived and worked during both, tell me how this recession hurt you and your family vs a recession with 17.5% interest rates for home loans, high inflation, 10.8% unemployment?

    In addition please tell me how Bush was able to destroy the economy with a Democrat controlled Congress? Thanks in advance

  3. #333
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    Re: SOTU Address:

    Quote Originally Posted by bubbabgone View Post
    Those Govs are very popular because they're getting positive results.
    Outside of letting the Seals kill Bin Laden, you'd be hard pressed to find a measurable Obama success ....
    The GOP delusion continues. If demographic trends continue, and the GOP base (i.e., old disgruntled white guys) die off as expected in actuarial tables, conservatism will be limited to Idahho and Alabama in 10 years. And frankly that's where it belongs.

  4. #334
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    Re: SOTU Address:

    Quote Originally Posted by Conservative View Post
    I lived and worked during both, tell me how this recession hurt you and your family vs a recession with 17.5% interest rates for home loans, high inflation, 10.8% unemployment?

    In addition please tell me how Bush was able to destroy the economy with a Democrat controlled Congress? Thanks in advance
    Yes, we all lived and worked for the past years in the ruins left by the Bush Meltdown. What you didn't do is basic reading on the magnitude of it.

    So I can't help you. You need a remedial class to get the basic facts. It's the largest deepest recession in 70 years. Read Reich's "Aftershock". He'll fill you in on the basics.

  5. #335
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    Re: SOTU Address:

    Quote Originally Posted by jonny5 View Post
    I can tell you arent interested in a civil debate.
    So, showing you your error means I'm not interested in civil debate huh? Gee, I guess I lost then.

  6. #336
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    Re: SOTU Address:

    Quote Originally Posted by Bronson View Post

    BWHAHAHHHHHHHHHHHHHHHHH. My favorite discredited rightwing meme!

    Did the CRA cause the mortgage market meltdown? - Community Dividend - Publications & Papers | The Federal Reserve Bank of Minneapolis

    You lose.

  7. #337
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    Re: SOTU Address:

    Quote Originally Posted by head of joaquin View Post
    Yes, and you're the butt of most of my jokes.

    Oh how the audience laughs!
    you sure?

  8. #338
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    Re: SOTU Address:

    Quote Originally Posted by head of joaquin View Post

    facts are not your friend as you keep showing us..

  9. #339
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    Re: SOTU Address:

    Quote Originally Posted by head of joaquin View Post
    Yes, we all lived and worked for the past years in the ruins left by the Bush Meltdown. What you didn't do is basic reading on the magnitude of it.

    So I can't help you. You need a remedial class to get the basic facts. It's the largest deepest recession in 70 years. Read Reich's "Aftershock". He'll fill you in on the basics.

    If obama could be half as good as Bush , youd be weeping in joy...but sadly Obama is a scumbag marxist loser..

  10. #340
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    Re: SOTU Address:

    Quote Originally Posted by head of joaquin View Post
    The GOP delusion continues. If demographic trends continue, and the GOP base (i.e., old disgruntled white guys) die off as expected in actuarial tables, conservatism will be limited to Idahho and Alabama in 10 years. And frankly that's where it belongs.
    if we close the borders the Libs lose...

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