View Poll Results: Who would you rather have as president?

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  • Hillary Clinton

    19 32.20%
  • Elizabeth Warren

    40 67.80%
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Thread: Elizabeth Warren vs. Hillary Clinton[W:336]

  1. #331
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    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by tres borrachos View Post
    Sure I'm honest. I pointed out how silly your post was. You said that there was nothing wrong with the CRA because of Janet Yellen (not Yellin) saying it. You went on to say that she as a CEO should have been bashing the government, because all CEOs bash the government, for making bad loans, since she was the CEO of a bank. I had to bring you up to speed on what the Federal Reserve Bank of San Fran is, and help you to understand that she wouldn't bash the government because she was the government, and she also was the CEO of a "bank" that didn't make loans. It's part of the Federal Reserve, and Obama promoted her from CEO of San Fran to CEO of the entire Fed.

    I can't get more honest than that, and critical thinking involves knowing the facts about people you use to try to make an argument so you don't end up looking really silly.

    Try to use REASON AND LOGIC. Note the link thing?

    Everything you bring up (like this nonsense) is just garbage.

    Because you can't be honest, I can't help you...

  2. #332
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    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by ernst barkmann View Post
    your see, here is what you dont get....i said NOTHING ABOUT ANY PARTY...i said government.........but since you only think in terms of party, that is why you are lost, and wrong when you post.
    Sorry, you jumped in. Yes, US Gov't created a WORLD WIDE CREDIT BUBBLE AND BUST RIGHT? In dozens of nations? lol

  3. #333
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    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by ernst barkmann View Post
    while this is correct, banks who made these loans were assured by the federal government that if the loans, "went bad"....the federal government would make good on them.

    so banks made and created, many types of loans to people, who could not afford them,....because of government assurance........government intervention.


    Democrats were WARNED of Financial crisis and did NOTHING - YouTube

    Barney Frank in 2005: What Housing Bubble? - YouTube
    SERIOUSLY? SERIOUSLY? You do know what a Gov't guarantee is right? GSE's (F/F) mainly (FHA, VA,Etc to a MUCH lesser degree)

    NOW WHY WOULD THE BANKS BE IN TROUBLE IF THESE LOANS WERE 'ASSURED' BY GOV'T? LOL

    1. Private markets caused the shady mortgage boom: The first thing to point out is that the both the subprime mortgage boom and the subsequent crash are very much concentrated in the private market, especially the private label securitization channel (PLS) market. The Government-Sponsored Entities (GSEs, or Fannie and Freddie) were not behind them. The fly-by-night lending boom, slicing and dicing mortgage bonds, derivatives and CDOs, and all the other shadiness of the mortgage market in the 2000s were Wall Street creations, and they drove all those risky mortgages.

    Here’s some data to back that up: “More than 84 percent of the subprime mortgages in 2006 were issued by private lending institutions… Private firms made nearly 83 percent of the subprime loans to low- and moderate-income borrowers that year.”

    Hey Mayor Bloomberg! No, the GSEs Did Not Cause the Financial Meltdown (but thats just according to the data) | The Big Picture



    Between 2004 and 2006, when subprime lending was exploding, Fannie and Freddie went from holding a high of 48 percent of the subprime loans that were sold into the secondary market to holding about 24 percent, according to data from Inside Mortgage Finance, a specialty publication. One reason is that Fannie and Freddie were subject to tougher standards than many of the unregulated players in the private sector who weakened lending standards, most of whom have gone bankrupt or are now in deep trouble.

    During those same explosive three years, private investment banks — not Fannie and Freddie — dominated the mortgage loans that were packaged and sold into the secondary mortgage market. In 2005 and 2006, the private sector securitized almost two thirds of all U.S. mortgages, supplanting Fannie and Freddie, according to a number of specialty publications that track this data.

    Private sector loans, not Fannie or Freddie, triggered crisis | Economics | McClatchy DC


    THAT MEANS MOST LOANS DIDN'T HAVE GOV'T BACKING. THINK

    Why do you think Banksters settled with F/F on the bad loans Bush required them to buy ($440 billion in MBS's 2004-208, to meet his 'goals')? Hint, it was about $30 billion in settlements paid to F/F. THEY DIDN'T UNDERWRITE (GUARANTEE) THE LOANS IN BUSH'S BUBBLE!


    BUT THANKS FOR POINTING OUT YOU DID BLAME THE DEMS/BARNEY

  4. #334
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    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by ernst barkmann View Post
    your see, here is what you dont get....i said NOTHING ABOUT ANY PARTY...i said government.........but since you only think in terms of party, that is why you are lost, and wrong when you post.


    THIS is nothing about party in CONserevative world

    ernst barkmann Post 317

    "Democrats were WARNED of Financial crisis and did NOTHING"

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


    "Barney Frank in 2005: What Housing Bubble?"

    https://www.youtube.com/watch?v=iW5qKYfqALE

    lol

  5. #335
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    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by dad2three2001 View Post
    Sorry, you jumped in. Yes, US Gov't created a WORLD WIDE CREDIT BUBBLE AND BUST RIGHT? In dozens of nations? lol
    you seem to think for some reason, you can produce what you will and call it ......fact!

    yet if others refute your statements, you counter by calling them lies myths, and say they are dishonest, and are not as smart as you are.


    your not going to get far, acting like that around here.

  6. #336
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    Re: Elizabeth Warren vs. Hillary Clinton

    Moderator's Warning:
    Elizabeth Warren vs. Hillary Clinton[W:336]The topic is: Elizabeth Warren vs. Hillary Clinton (for president)

    Every post from this point forward should address that or be thread banned. DO NOT quote and bring forward posts about Barney Frank or CRA's or any of the other myriad topics that have zero reference to either lady.

    Take all that to another thread.
    I don't attack my constituents. Bob is my constituent now.
    This is the important stuff. We canít get lost in discrimination. We canít get lost in B.S. We canít get lost tearing each other down. I want to make a point here that no matter what you look like, where you come from, how you worship, who you love, how you identify, and yeah, how you run, that if you have good public policy ideas, if you are well qualified for office, bring those ideas to the table, because this is your America, too. This is our commonwealth of Virginia, too.
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  7. #337
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    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by dad2three2001 View Post
    THIS is nothing about party in CONserevative world

    ernst barkmann Post 317

    "Democrats were WARNED of Financial crisis and did NOTHING"

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


    "Barney Frank in 2005: What Housing Bubble?"

    https://www.youtube.com/watch?v=iW5qKYfqALE

    lol
    Barney Frank was part of government....which is the problem.

    republicans and democrats are both ruining the nation of ours.

  8. #338
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    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by ernst barkmann View Post
    you seem to think for some reason, you can produce what you will and call it ......fact!

    yet if others refute your statements, you counter by calling them lies myths, and say they are dishonest, and are not as smart as you are.


    your not going to get far, acting like that around here.
    Weird YOU jump in and push the blame to Dems and Barney, I point tout NO it was a WORLD WIDE CREDIT CRISIS NOT related to Dems/Barney and you come back that YOU dodn't say on a PREVIOUS post it was Dems/Barney? lol

    NOW you want to just 'say' something isn't fact, when I link to CREDIBLE sources where you point to out of context vids and say I wont get far? lol

    No, I counter with FACT based sources and materials, something CONservatives don't 'believe in', instead deciding to live in their little bubble of Faux and Rushbo, based almost entirely on ideology over facts, history or math!

  9. #339
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    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by dad2three2001 View Post
    Weird YOU jump in and push the blame to Dems and Barney, I point tout NO it was a WORLD WIDE CREDIT CRISIS NOT related to Dems/Barney and you come back that YOU dodn't say on a PREVIOUS post it was Dems/Barney? lol

    NOW you want to just 'say' something isn't fact, when I link to CREDIBLE sources where you point to out of context vids and say I wont get far? lol

    No, I counter with FACT based sources and materials, something CONservatives don't 'believe in', instead deciding to live in their little bubble of Faux and Rushbo, based almost entirely on ideology over facts, history or math!
    did i not just blame republicans too?

  10. #340
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    Re: Elizabeth Warren vs. Hillary Clinton

    Quote Originally Posted by ernst barkmann View Post
    Barney Frank was part of government....which is the problem.

    republicans and democrats are both ruining the nation of ours.

    WORLD WIDE CREDIT BUBBLE AND BUST Sorry

    Jun 16, 2005

    The worldwide rise in house prices is the biggest bubble in history. Prepare for the economic pain when it pops

    The global housing boom: In come the waves | The Economist


    Regulators and policymakers enabled this process at virtually every turn. Part of the reason they failed to understand the housing bubble was willful ignorance: they bought into the argument that the market would equilibrate itself. In particular, financial actors and regulatory officials both believed that secondary and tertiary markets could effectively control risk through pricing.


    http://www.tobinproject.org/sites/to...Disaster_0.pdf


    IT'S CALLED FACTS. TRY IT

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