• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

10 years after the Bush Mortgage Bubble, mortgage defaults finally back to normal

eohrnberger said:
I won't be engaging with as dishonest poster such as yourself.
Click to expand...

oh eohrn, I knew your new found courage wouldn't last long. And eohrn, for you to cowardly deflect every time someone questions your 'opinion' is the epitome of dishonest. I don't have to cut and run when my posts are discussed. So just to be clear, you wont be explaining how low interest rates allowed banks to stop checking the borrowers ability to repay the loan and how low interest rates prevented Bush's regulators from doing their jobs?
 
Vern said:
oh eohrn, I knew your new found courage wouldn't last long. And eohrn, for you to cowardly deflect every time someone questions your 'opinion' is the epitome of dishonest. I don't have to cut and run when my posts are discussed. So just to be clear, you wont be explaining how low interest rates allowed banks to stop checking the borrowers ability to repay the loan and how low interest rates prevented Bush's regulators from doing their jobs?
Click to expand...

Those in glass houses Vern.

I won't be engaging with as dishonest poster such as yourself.
 
eohrnberger said:
Those in glass houses Vern.

I won't be engaging with as dishonest poster such as yourself.
Click to expand...

Eohrn, if you only want to whine about other posters, why are you at a debate forum. Would it be too much to ask what "glass house" you could be referring to. I have to ask because I don't cowardly and dishonestly deflect when my posts are questioned the way you do. Since its beyond your ability to explain how low interest rates allowed banks to stop checking the borrowers ability to repay the loan and how low interest rates prevented Bush's regulators from doing their jobs even though its a key part of your "many actors" narrative, lets try this. What would you call an editorial that says

"The Bush administration, which failed to provide needed government oversight of the increasingly dicey mortgage-backed securities market"

"failed to provide" gives the impression that bush did nothing to stop it. It ignores the active role Bush played in the Bush Mortgage Bubble. An active role that even you cant deny. I would call it "naïve" at best.
 
Vern said:
Wow, it took 10 years after the Bush Mortgage Bubble popped for defaults to finally get back to normal. that just shows how bad the Bush Mortgage Bubble was.

According to Capital Economics, the delinquency rate for US mortgages and foreclosure rate for homes are now back to their historical averages.

US delinquency and foreclosure rate down - Business Insider
Click to expand...

Don't worry. It's starting all over again.
 
Vern said:
Eohrn, if you only want to whine about other posters, why are you at a debate forum. Would it be too much to ask what "glass house" you could be referring to. I have to ask because I don't cowardly and dishonestly deflect when my posts are questioned the way you do. Since its beyond your ability to explain how low interest rates allowed banks to stop checking the borrowers ability to repay the loan and how low interest rates prevented Bush's regulators from doing their jobs even though its a key part of your "many actors" narrative, lets try this. What would you call an editorial that says

"The Bush administration, which failed to provide needed government oversight of the increasingly dicey mortgage-backed securities market"

"failed to provide" gives the impression that bush did nothing to stop it. It ignores the active role Bush played in the Bush Mortgage Bubble. An active role that even you cant deny. I would call it "naïve" at best.
Click to expand...

I won't be engaging with as dishonest poster such as yourself.
 
You must log in or register to reply here.
Back
Top Bottom