mercury14
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No, answer the question.
What laws did the Democrats pass that caused the housing collapse?
What happened to all of the doom and gloom economic threads?
- Thread starter Ulaven_Demorte
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No, answer the question.
What laws did the Democrats pass that caused the housing collapse?
4est_4est_Gump
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Remember when I spent three days asking you to show one supply side economy in the world that's successful? And your answer was three days of non-sequiturs?
Good times.
Except that I gave yo an answer.
You just ignored it because it's the "SERIOUSNESS" of the charge that matters.
So, there you have it.
Ulaven_Demorte
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^^ You're helping NEM out making the rest of us look sane there Cap'n. 
Curious that you're one of the few left reading it's blather. But then, you interact with Dizzybooby daily as well.
The company you keep says a lot about you.
Curious that you're one of the few left reading it's blather. But then, you interact with Dizzybooby daily as well.
The company you keep says a lot about you.
4est_4est_Gump
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The Community Reinvestment Act
How can you measure the value of knowing that company books are sounder than they were before? Of no more overnight bankruptcies with the employees and retirees left holding the bag? No more disruption to entire sectors of the economy?
Michael Oxley 2002
Co-Author of Sarbanes-Oxley Law
(Jon Corzine, co-sponsor)
Everybody's books were sound.
When the books were found not to be sound, Barney, Maxine and Chris went to war to maintain the status quo with the Democrat contribution laundry over at Freddie and Fannie.
mercury14
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No you did not. You spammed non-sequiturs for three whole days and then fled the thread for a while.
4est_4est_Gump
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^^ You're helping NEM out making the rest of us look sane there Cap'n.
Curious that you're one of the few left reading it's blather. But then, you interact with Dizzybooby daily as well.
The company you keep says a lot about you.
Yes, I see your point.
I am still interacting with you and merc when most people put you on ignore long ago...
And what I said to Jen was hardly what one would regard as positive reenforcement, now was it...
4est_4est_Gump
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If you repeat it often enough, then maybe you will convince yourself that it is true.
Where's the 4% growth?
phrodeau
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Native Americans should all live in tepees. It's what the tourists expect.
Ulaven_Demorte
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*laugh*
"Most people"?
You mean those who tired of getting their noses rubbed in their own folly. Much like you did when you were raked over the coals repeatedly over the "FairTax".
Funny little man.
NeverEndingMe
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^^ You're helping NEM out making the rest of us look sane there Cap'n.
Curious that you're one of the few left reading it's blather. But then, you interact with Dizzybooby daily as well.
The company you keep says a lot about you.
you are one little sorry man. it must suck to be you
mercury14
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The Community Reinvestment Act. Not only upheld, but expanded upon by Republicans leading up to the recession.
Is that your final answer? Are you sure?
NeverEndingMe
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who is this Jen you keep referring to? So far the GB nut jobs have called 10-15 people "Jen" WTF?
why is everyone so obsessed with her?
mercury14
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I just smacked you for spamming non-sequiturs as a response to my question about supply-side economies and you make this post?
Joke post?
mercury14
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Name one person who says they have me on ignore.
Then take your list of probably zero names and tell me how it's "most" people.
NeverEndingMe
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wow you are one dip shit
1st, democrats said home ownership was a right and that everyone should own a home. fantasy.
2nd, we had the housing bubble with flippers
3rd too many greedy banks that gave loans to unqualified people thanks to the democrats
4th when the dot com bubble collapsed, people slowed down on flipping
5th when the market crashed, people panic and cashed out or walked away from homes
now 90% of this was the democrats fault 10% rep
NeverEndingMe
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Jesus who is Jen?
clearly, you have ZERO private sector experience and totally suck life out of the tax payer to live your lavish life style
the housing market crash was a perfect storm. from the economy, dot coms, dip shit government people, this and that, and GREED
do you disagree? or did you put your little man skirt on and run away?
RobDownSouth
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There's an interesting article HERE about why partisan Glibertarians like AJ MUST blame the CRA for the collapse of the housing market.
Long story short, if they didn't blame the CRA they'd have to admit that there "free market uber alles" libertarian philosophy directly caused the housing collapse, due to the lack of simple regulations on things such as credit swaps and sub prime lending.
Of course, if AJ and the Glibertarians here have taught us one thing, it's that Libertarianism is never at fault, even when it is.
JohnnySavage
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In my ever so humble opinion, the collapse in the housing market was caused by a natural downturn being magnified by the Credit Default Swap contracts. Also, in my humble opinion, those instruments were illegal insurance policies and it's an outrage that nobody has gone to jail for selling them.
richard_daily
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I didnt' realize that was passed after 2006 by the Democratic congress.
AJ is privy to so much information that the rest of us don't have access to apparently.
U
unregistered
Guest
NeverEndingMe
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the only thing the left wants to expand is spending
mercury14
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I was thinking of the American Dream Down Payment Act of 2003. That's where Republicans made it possible for people with paltry incomes and tenuous attachments to the job market to get into houses on 100% credit - no money down. Then when there was an economic downturn these people flooded the economy with foreclosures.
Republicans like to forget their own "ownership society" idea.
NeverEndingMe
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you are exactly the problem with what's wrong in DC - all you want to do is point fingers. blowing hot air while not accomplishing anything.
but hey, you work in government and no one works there so you surround yourself with hot heads accomplishing nothing
cebalrai
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