Hillary would continue worst recovery since WW2

[Old Gringo]

Originally Posted by hawkeye2009

Hmmmm.................................. and what did those derivitives involve? Most were mortgage related. The liberal ban on "red lining" and lib mandates to Freddie and Fannie created "the chum in the water" for the shark fest.

If you want to find the source of the financial crisis, look to liberal policy-

1. elimination of "red linining"

2. liberal housing mandates to Fannie and Freddie

3. Repeal of Glass-Steagle (The Clintons recieved some big cash for that one)


The funny thing about liberals is that they never take responsibility for any of thier messes.

Just to refresh your memory...

NONE of those "liberal policies" made it out of the GOP controlled congress w/o approval of the GOP dominated committees or w/o a majority floor vote in the GOP controlled House and Senate.

Call them"liberal" all you want to.

They were Republican policies.

[WilliamSmyth]

Originally Posted by hawkeye2009

Hmmmm.................................. and what did those derivitives involve? Most were mortgage related. The liberal ban on "red lining" and lib mandates to Freddie and Fannie created "the chum in the water" for the shark fest.

If you want to find the source of the financial crisis, look to liberal policy-

1. elimination of "red linining"

2. liberal housing mandates to Fannie and Freddie

3. Repeal of Glass-Steagle (The Clintons recieved some big cash for that one)


The funny thing about liberals is that they never take responsibility for any of thier messes.

Fannie and Freddie did NOT create a single CDO derivative. It was the private investment banks that created CDOs that contained large percentages of sub-prime mortgages. The private investment banks were not subject to government housing mandates. The demand for CDO derivatives created the huge increase in demand for sub-prime mortgages, which is why investment banks like Merrill Lynch started buying up sub-prime mortgage originators like First Franklin.

[Listener2307]

Originally Posted by Finn_Jarber

The real reason was the cost of labor.

Which was driven by regulations.

Originally Posted by Finn_Jarber

In Japan the GDP to debt ratio is actually two and a half times higher than in US. The solution is to expand the size of the economy.

Of course. That is the subject of the thread.

Expansion cannot happen in Japan nor the US. There is simply too much government & regulation, and cost associated with servicing the debt.
Clinton and Carter dealt with a national debt equal to 60% of the economy. Now it is 105% of the economy. Hillary can't fix that. For that matter, I am saying it won't be fixed by anyone. The economy will - at best - stay just like it is for a long, long time.

[Finn_Jarber]

Originally Posted by Listener2307

Which was driven by regulations.

Salaries rise with or without regulations.

[OpanaPointer]

So, you never heard of Reagan I take it.

[Finn_Jarber]

Originally Posted by OpanaPointer

So, you never heard of Reagan I take it.

I remember him very well. Why?

[OpanaPointer]

Ah, I see. Good luck with that.

[johnsonkk]

Originally Posted by Finn_Jarber

Sure, but my point is that Hillary would obviously apply more Bill Clinton moves than Obama moves. It's common sense, so we should be saying Hillary is four more years of Bill Clinton, which actually would not be such a bad thing.

You think bringing bill back will give you back that warm feeling you had back in high school prom. That won't happen.

Times are much different and when bill hired thousands of more cops back in the 1990's, democrats cheered. Now they would throw bottles at bill. Hillary has said she'll continue releasing thousands of criminals back into the cities... The same cities that bill hired cops to clean up!!!

[Happiness-is-close]

And Republican obstructionism has nothing to do with that, right? Your obstructionism gave you Donald Trump. Its pathetic that the party of Lincoln has fallen this far. Lincoln is rolling in his grave no doubt.