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Thread: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by Kushinator View Post
    Quoting people doesn't show the government created a housing bubble. It is ridiculous that i have to even point this out.



    Given your history of running and hiding, how on earth can you accuse others?



    This ought to be interesting. Full blown commentary on.... not data... but commentary.



    It's time to go to school son.
    You're as big as a left wing hack as they come Kush.

    I wouldn't expect you to understand anything I've posted on the 2008 Subprime mortgage crisis.

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by Fenton View Post
    You're as big as a left wing hack as they come Kush.

    I wouldn't expect you to understand anything I've posted on the 2008 Subprime mortgage crisis.
    Oh..........the IRONY!
    Quote Originally Posted by Drumpf
    "I could stand in the middle of 5th Avenue and shoot somebody and I wouldn't lose voters."
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by Fenton View Post
    Let me quickly rebut this low lifes Maxine Waters Democrat lies.

    2005 GSE Regulatory Senate Bill sb1b190. ( Look it up )


    Passed through Senate Banking committee with NO Democrat votes and a promise to Fillibuster by Chris Dodd, ranking Commitee Democrat member if it ever got down to the floor for a vote.

    This is why you stopped reading my post.

    Because I exposed you as the partisan hack that you are.
    OK I looked it up and found this....


    NEW YORK (CBS.MW) -- Strong opposition by the Bush administration forced a top Republican congressman to delay a vote on a bill that would create a new regulator for mortgage giants Fannie Mae and Freddie Mac.

    The vote on Rep. Michael Oxley's bill to reform oversight of government-sponsored entities including Fannie Mae and Freddie Mac was scheduled for Wednesday. Oxley, an Ohio Republican, is chairman of the House Financial Services Committee.
    Oxley pulls bill under fire from Bush - MarketWatch

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by Chomsky View Post
    I wasn't 'damning' him as a person, but in the context of the larger debate
    Yes, that's why I used "blame" and not "damn." You don't seem like the type to go around damning others.

    >>I feel the majority party & the White House are where the buck stops.

    A valid argument. And, importantly, that's the way elections are typically decided

    Quote Originally Posted by iguanaman View Post
    OK I looked it up and found this
    And as I recall, Mr. Oxley was working with Mr. Frank on that.

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by iguanaman View Post
    OK I looked it up and found this....




    Oxley pulls bill under fire from Bush - MarketWatch
    HR1461..

    Yep, Barney Frank added a affordable lending slush fund to the Bill and it pushed off a third party regulator for a year or more.

    Thats why it was stopped in favor of sb190. You should read beyond your left wing hack links and learn something.

    Which NO Democrats on the Senate Banking committee voted for.

    When sb190 was pushed back through a Democrat controlled senate in 2007 as sb1100, it never made it out of Committee.
    Last edited by Fenton; 05-10-15 at 02:00 PM.

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by Fenton View Post
    You're as big as a left wing hack as they come Kush.
    The binary interpretation of an extremist is less than compelling.

    I wouldn't expect you to understand anything I've posted on the 2008 Subprime mortgage crisis.
    I can read quotes from Clinton, Raines, Reno, etc.... What you (persistently) fail to realize is they don't mean much within the context of the discussion. In order to show the government caused the housing bubble, you have to provide data (lots of it). Calling all subprime loans "worthless" cannot be confused with data analysis.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by Fenton View Post
    HR1461..

    Yep, Barney Frank added a affordable lending slush fund to the Bill and it pushed off a third party regulator for a year or more.

    Thats why it was stopped in favor of sb190. You should read beyond your left wing hack links and learn something.

    Which NO Democrats on the Senate Banking committee voted for.

    When sb190 was pushed back through a Democrat controlled senate in 2007 as sb1100, it never made it out of Committee.
    1995-2006 No legislation to further regulate GSEs is passed by a Republican-controlled
    Congress.

    October 7, 2004 The House Financial Services Committee Chairman Michael Oxley (R-OH)
    cancels a markup on legislation to reform GSEs at the request of President Bush.
    According to CBS Marketwatch: “Strong opposition by the Bush Administration
    forced a top Republican congressman to delay a vote on a bill that would create a
    new regulator for mortgage giants Fannie Mae and Freddie Mac.”
    May 25, 2005
    The House Financial Services Committee, under control of House Republicans and
    Chairman Oxley, passed a GSE Reform bill, H.R. 1461, by a vote of 65-5. Every
    Democrat on the Committee voted for the bill. Five Republicans, arguing that the
    bill did not go far enough, voted against H.R. 1461: Reps. Ed Royce, Ron Paul,
    Tom Feeney, Jeb Hensarling, and Scott Garrett.
    July 28, 2005
    The Senate Banking, Housing and Urban Affairs Committee, then chaired by Sen.
    Richard Shelby (R-AL), passed S. 190, the Bush Administration’s bill, out of
    Committee. The bill was passed by a party-line vote of 11-10. The bill did not
    reach the Senate floor for a vote.
    October 26, 2005 On the day the House was scheduled to vote on H.R. 1461, the Bush
    Administration issued a Statement of Administration Policy opposing the House
    Republican GSE bill.
    October 26, 2005 H.R. 1461 passes House by a vote of 331-90, with 122 Democrats voting in favor.
    Note: Frank voted against the bill when it reached the floor, but not because of
    any opposition to reforming the GSEs, but because the Republican leadership
    decided to cut out funding for faith-based charities that provide low-income rental
    housing from the Affordable Housing Trust Fund.
    September 2006 Oxley and Frank send a bipartisan letter to Senator Shelby urging GSE reform.
    Many Democrats and Republicans signed this letter urging the Senate to act.

    http://democrats.financialservices.h...regulation.pdf
    Quote Originally Posted by Drumpf
    "I could stand in the middle of 5th Avenue and shoot somebody and I wouldn't lose voters."
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by Gimmesometruth View Post
    1995-2006 No legislation to further regulate GSEs is passed by a Republican-controlled
    Congress.

    October 7, 2004 The House Financial Services Committee Chairman Michael Oxley (R-OH)
    cancels a markup on legislation to reform GSEs at the request of President Bush.
    According to CBS Marketwatch: “Strong opposition by the Bush Administration
    forced a top Republican congressman to delay a vote on a bill that would create a
    new regulator for mortgage giants Fannie Mae and Freddie Mac.”
    May 25, 2005
    The House Financial Services Committee, under control of House Republicans and
    Chairman Oxley, passed a GSE Reform bill, H.R. 1461, by a vote of 65-5. Every
    Democrat on the Committee voted for the bill. Five Republicans, arguing that the
    bill did not go far enough, voted against H.R. 1461: Reps. Ed Royce, Ron Paul,
    Tom Feeney, Jeb Hensarling, and Scott Garrett.
    July 28, 2005
    The Senate Banking, Housing and Urban Affairs Committee, then chaired by Sen.
    Richard Shelby (R-AL), passed S. 190, the Bush Administration’s bill, out of
    Committee. The bill was passed by a party-line vote of 11-10. The bill did not
    reach the Senate floor for a vote.
    October 26, 2005 On the day the House was scheduled to vote on H.R. 1461, the Bush
    Administration issued a Statement of Administration Policy opposing the House
    Republican GSE bill.
    October 26, 2005 H.R. 1461 passes House by a vote of 331-90, with 122 Democrats voting in favor.
    Note: Frank voted against the bill when it reached the floor, but not because of
    any opposition to reforming the GSEs, but because the Republican leadership
    decided to cut out funding for faith-based charities that provide low-income rental
    housing from the Affordable Housing Trust Fund.
    September 2006 Oxley and Frank send a bipartisan letter to Senator Shelby urging GSE reform.
    Many Democrats and Republicans signed this letter urging the Senate to act.

    http://democrats.financialservices.h...regulation.pdf
    You left a couple of details out.

    Sb 190 was passed through the Committee with this many Democrat votes ( Zero )

    And a promise of a Rule 22 Fillibuster if it ever made It down to the Senate floor for a vote by the ranking Democrat on the Committee, Chris Dodd.

    Democrats used the Rule 22 Fillibuster option repeatedly during the Bush presidency to marginalize the GOP majority.

    Sb190 was re-introduced back into the Committee as Sb1100 in 2007 after the Democrats had taken back the Senate and chaired the committee.

    Of-course, it never made it out of Committee.

    The Democrats repeatedly fought off any attempt to regulate the two most corrupt Financial entities involved in the Subprime mortgage crisis during the Bush presidency.

    But once Fannie and Freddie were declared insolvent, they passed regulatory reform.

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by Kushinator View Post
    The binary interpretation of an extremist is less than compelling.



    I can read quotes from Clinton, Raines, Reno, etc.... What you (persistently) fail to realize is they don't mean much within the context of the discussion. In order to show the government caused the housing bubble, you have to provide data (lots of it). Calling all subprime loans "worthless" cannot be confused with data analysis.
    Huh ??

    Yea sure.

    Janet Reno AND Robert Rubin bragging about the effectiveness of Clintons CRA changes and the effectivness of his Fair lending task force is not in context ? Lol.

    Ruben and Reno even quantified the sucess of his CRA changes and his Fair lending Task Force and I've posted their quotes over and over and over.

    Its not in context with the debunked left wing narratives that blame the banks and Bush but its definitely relevant to what actually happened.

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    re: U.S. Unemployment Falls to Lowest Level Since May 2008[W:489, 497]

    Quote Originally Posted by Fenton View Post
    You left a couple of details out.

    Sb 190 was passed through the Committee with this many Democrat votes ( Zero )

    And a promise of a Rule 22 Fillibuster if it ever made It down to the Senate floor for a vote by the ranking Democrat on the Committee, Chris Dodd.
    Seems to me that after a year you would be able to document this claim. How many more years before you do?

    http://www.debatepolitics.com/us-par...post1063081924
    Quote Originally Posted by Drumpf
    "I could stand in the middle of 5th Avenue and shoot somebody and I wouldn't lose voters."
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

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