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SOTU Address:[W: 378; 1310; 1451]

Re: SOTU Address:

head of joaquin said:
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.
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do you do stand up comedy?...
 
Re: SOTU Address:

Conservative said:
Sorry but you haven't proven that this was a worse recession than 81-82 and since you probably weren't around then you never will. You are someone who buys the rhetoric and ignores the actual data and results. Unlike you I understand how our economy works and what makes it work, people not govt.
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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.
 
Re: SOTU Address:

iguanaman said:
It won't be long before many of those Govs. and the Teaparty House are out on their ears. What will you say then?
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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 ....
 
Re: SOTU Address:

head of joaquin said:
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.
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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.
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A1BigCRA_121221_345.png.cms


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

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

head of joaquin said:
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.
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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
 
Re: SOTU Address:

bubbabgone said:
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 ....
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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.
 
Re: SOTU Address:

Conservative said:
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
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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.
 
Re: SOTU Address:

jonny5 said:
I can tell you arent interested in a civil debate.
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So, showing you your error means I'm not interested in civil debate huh? Gee, I guess I lost then. :lamo
 
Re: SOTU Address:

head of joaquin said:
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.
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If obama could be half as good as Bush , youd be weeping in joy...but sadly Obama is a scumbag marxist loser..
 
Re: SOTU Address:

head of joaquin said:
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.
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if we close the borders the Libs lose...
 
Re: SOTU Address:

head of joaquin said:
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.
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You keep believing that and keep blaming someone else for your own personal failures. I have yet to see an answer to the question raised, how did Bush single handedly destroy the economy with democrats in control of the Congress? Seems to me that partisan hackery is in full display with you.
 
Re: SOTU Address:

Travis007 said:
If obama could be half as good as Bush , youd be weeping in joy...but sadly Obama is a scumbag marxist loser..
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Head of Joaquin's Law: a tea partier can't post more than three times without calling somebody a marxist.
 
Re: SOTU Address:

Conservative said:
You keep believing that and keep blaming someone else for your own personal failures. I have yet to see an answer to the question raised, how did Bush single handedly destroy the economy with democrats in control of the Congress? Seems to me that partisan hackery is in full display with you.
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We have the metrics of the Bush Meltdown. They aren't in dispute. If you choose to ignore them and whine about Carter, I really can't help you.

Meanwhile the economic damage of Bush's failed conservative policies continue, but fortunately, Obama's Keynesian prevented worst destruction.
 
Re: SOTU Address:

head of joaquin said:
We have the metrics of the Bush Meltdown. They aren't in dispute. If you choose to ignore them and whine about Carter, I really can't help you.

Meanwhile the economic damage of Bush's failed conservative policies continue, but fortunately, Obama's Keynesian prevented worst destruction.
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We also have basic civics which apparently you don't understand. You have no proof that Obama prevented a depression only leftwing claims as such, just rhetoric without substance. Still waiting for how did Bush destroy the economy with Democrats controlling Congress. Please take a civics course
 
Re: SOTU Address:

Texmex said:
So, showing you your error means I'm not interested in civil debate huh? Gee, I guess I lost then. :lamo
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wait.

I can claim you are not only lying, but you are pulling your lies out of your ass. Then i can later claim I was simply showing the error of your ways.

and some ass hat actually liked your reply based on that initial idiocy?

wow.
 
Re: SOTU Address:

YoungConserv said:
Workers are parasites if the owner is forced to pay them more than the value they bring to the company. These jobs are nor ment to support families we should stop trying to make them be able too.
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I guess we have a different POV about workers. To me, a worker is NOT a parasite. To you, apparently they are.

ttwtt78640 said:
Nonsense. Do you assert that welfare is less now than $320/month? It will shift the "welfare" costs from gov't to private employer, but do no more than that. Increasing wages with no increase in productivity is insane. Why not make that "living minimum wage" $25/hour then?
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You must be confusing me with someone who is arguing for a "living wage". I'm supporting a "minimum wage". I doubt any individual can consider $9 p/h a "living wage". So, to make an exaggeration like $25 per hour doesn't really help much in the context of this discussion. Productivity is very subjective. I have no idea what welfare is but I assume it is income based and thus an increase in income would result in a decrease in welfare.

jonny5 said:
I didnt even add the overcosts of doing the red tape to change peoples wages, pay additional benefits based on their rate of pay, deal with the tax code, etc. The cost is even higher. That assuming they dont simply fire someone (or not hire, expand, whatever) to absorb the cost.

These are the consequences of central control of the economy. It would be better to eliminate wage controls.
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The minimum wage has existed since I first entered the workforce. At that time, it was 85¢ an hour. You may be against the concept of a minimum wage but the question is not whether to have a minimum wage, but to determine what that minimum wage is.

The last minimum wage increase was under the Bush administration. If your objections are ased on your dislike of Obama, then please just say so. I'm discussing one single aspect of the SOTU speech and I think it bears examination not clouded by partisan hatred. Obama wasn't my choice either. But that doesn't mean I must condemn every single action of his administration.
 
Re: SOTU Address:

head of joaquin said:
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.
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Your article is dated March 1st 2009. Major fail.

It's also doesn't characterize a Countrywide loan for example as a "CRA loan". The problem with that premise is that the GSEs bought up 70% of all of CountryWide's loans and added them to their portfolio. Democrats caused the Housing Crash. It's irrefutable. Reno strong armed banks to push affordable housing goals to reduce "redlining". Groups like ACORN were used as the foot soldiers in neighborhoods to keep the banks in line. Classic left wing community organizing.

Every fact you are unable to refute you characterize as "Right Wing Memes" while at the same time you push 4 year old articles that are long past even being remotely relevant. Sad and pathetic.

hawke812 said:
It does not matter dems or repubs.

The housing crash was caused by government interference. Get government out period.
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It matters
 
Re: SOTU Address:

Wow, Specklebang. I couldn't even fill up my car once making 85 cents an hour.
 
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