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I dont remember the first six years being terrible. I remember a blooming housing market, people increasing their earnings by an average of $1,100 per year, a prosperous car industry, , the continuous creation of jobs, and a necessary war.
When the Democrats came in, it went sour.
Yes ... the Republicans are wonderful at building a "house of cards".
Perhaps if they were regulating the financial system like they were supposed to, we wouldn't be in this global economic meltdown ???
By January 2007, when Democrats took over, the damage was already done. All the bad subprime loans were written back in 2004 - 2006, when Congress was asleep at the "financial" switch, and catering to every whim proposed by Bush.
I like how everyone on city-data is a financial expert. You're all full of crap. Stop pretending like you have a clue who is responsible other than everyone in government. Watching videos on youtube doesn't make you an expert.
Location: The Chatterdome in La La Land, CaliFUNia
39,031 posts, read 23,012,380 times
Reputation: 36027
Quote:
Originally Posted by ocexpo
I dont remember the first six years being terrible. I remember a blooming housing market, people increasing their earnings by an average of $1,100 per year, a prosperous car industry, , the continuous creation of jobs, and a necessary war.
When the Democrats came in, it went sour.
Yeah ... Things really took a nosedive during the Democratic reign of terror in congress.
Location: The Chatterdome in La La Land, CaliFUNia
39,031 posts, read 23,012,380 times
Reputation: 36027
Quote:
Originally Posted by RD5050
Yes ... the Republicans are wonderful at building a "house of cards".
Perhaps if they were regulating the financial system like they were supposed to, we wouldn't be in this global economic meltdown ???
By January 2007, when Democrats took over, the damage was already done. All the bad subprime loans were written back in 2004 - 2006, when Congress was asleep at the "financial" switch, and catering to every whim proposed by Bush.
It was the dems that required banks to relax lending standards so that low-income folks can share in the American Dream of home ownership despite the fact that they were financially incapable of making the payments.
Location: The Chatterdome in La La Land, CaliFUNia
39,031 posts, read 23,012,380 times
Reputation: 36027
Quote:
Originally Posted by paullySC
I like how everyone on city-data is a financial expert. You're all full of crap. Stop pretending like you have a clue who is responsible other than everyone in government. Watching videos on youtube doesn't make you an expert.
Amen! I take all of the You-Tube videos with a grain of salt.
I dont remember the first six years being terrible. I remember a blooming housing market, people increasing their earnings by an average of $1,100 per year, a prosperous car industry, , the continuous creation of jobs, and a necessary war.
How come I don't hear about ANY of them on this forum. It is all about Bush.
You have posted and commented on them many a time yourself. This forum is more focused on the election pre and post. You have had your fun with them in the political and other controversy part of the forum.
I dont remember the first six years being terrible. I remember a blooming housing market, people increasing their earnings by an average of $1,100 per year, a prosperous car industry, , the continuous creation of jobs, and a necessary war.
When the Democrats came in, it went sour.
So do you really mean to say that up until the last two years the war in Iraq was necessary and successful? Then in the last two years it became unnecessary and not successful? Surprises me that you would have that perspective. You are entitled to it but it just surprises me.
So do you really mean to say that up until the last two years the war in Iraq was necessary and successful? Then in the last two years it became unnecessary and not successful? Surprises me that you would have that perspective. You are entitled to it but it just surprises me.
Did the economy not fail under the Democratic congress? Was it just an illusion?
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