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Again... Nice try... Barney Frank video is from 2005... The housing "Bubble" didn't become obvious until 2006-2007...
So what you are saying is that Barney Frank, Maxene Waters, Chris Dodd & company are too incompetant to notice anything is wrong until it becomes OBVIOUS to everyone else. Right, thanks for admitting that!
Just the kind of inept career politicians that need to be fired and lose their pensions for a small part of what they have been responsible for costing the American taxpayers.
So let's see,
10% bracket will be eliminated &/or combined with the 15% bracket. Either way, you're paying more thanks to our elected officials deciding NOT to extend the tax cuts thereby raising everyone's taxes. See, they are deciding not to extend them, which is akin to passing a tax hike. But, if it makes you sleep better at night thinking that your beloved democrats have your best interest at heart and would never raise your taxes on you, by all means continue to keep your head in the sand.
So what you are saying is that Barney Frank, Maxene Waters, Chris Dodd & company are too incompetant to notice anything is wrong until it becomes OBVIOUS to everyone else. Right, thanks for admitting that!
Just the kind of inept career politicians that need to be fired and lose their pensions for a small part of what they have been responsible for costing the American taxpayers.
So where were the Republicans crying about a housing bubble in 2005...
Again... Nice try... Barney Frank video is from 2005... The housing "Bubble" didn't become obvious until 2006-2007...
Wrong!
It didn't become obvious to Democrats until then but "W" sent TS Snow to Congress to replace ineffective and powerless OFHEO in 2003. McCain co-sponsored S.190 in 2005. The reason they are defending the status quo at the GSEs is because Republicans were sounding the alarms.
It didn't become obvious to Democrats until then but "W" sent TS Snow to Congress to replace ineffective and powerless OFHEO in 2003. McCain co-sponsored S.190 in 2005. The reason they are defending the status quo at the GSEs is because Republicans were sounding the alarms.
This video's footage is from 2004...
This one lays out the time line...
Are you chronologically disabled as well... The housing bubble didn't start until 2006... So where were the Republicans complaining then in 2004?... Oh yeah... they were busy looking for weapons of mass destruction...
Again... Nice try... Barney Frank video is from 2005... The housing "Bubble" didn't become obvious until 2006-2007...
You seriously didnt say this, did you? Everyone with half a brain seen it coming in 2005. I cant tell you the arguments I got into my gf because I seen it coming. All of her family and friends were out buying new homes that they couldnt afford on interest only terms 5 year balloons, and she wanted it as well. I kept holding my breath and telling her that its coming.. The crash is coming, just wait.. Bush was sending up massive red flags and he was ridiculed by Democrats..
Quote:
Originally Posted by HC475
So where were the Republicans crying about a housing bubble in 2005...
They were complaining that it was coming.. what do you think Barney Frank and other Democrats were responding to? Do you think they were saying it wasing going to happen for no reason? They were responding to a request for an investigation and bills to minimize any economic damage.. THEY SAID NO!!!
Are you chronologically disabled as well... The housing bubble didn't start until 2006... So where were the Republicans complaining then in 2004?... Oh yeah... they were busy looking for weapons of mass destruction...
Republicans were trying to get bills passed to regulate Fannie and Freddie.. Why on gods earth do you think the Democrats were giving speaches and testifying that regulation wasnt needed?
Seriously, how old are you? Were you even around then or is all of your knowledge about this time period from reading the Huffington POS?
Republicans were trying to get bills passed to regulate Fannie and Freddie.. Why on gods earth do you think the Democrats were giving speaches and testifying that regulation wasnt needed?
Seriously, how old are you? Were you even around then or is all of your knowledge about this time period from reading the Huffington POS?
Then why was Bush encouraging home ownership and supposedly pushing for more regualtion at the same time?...
The Economic Freedom Act of 2010 -- introduced by Reps. Jim Jordan (R-Ohio) and Jason Chaffetz (R-Utah) -- proposes deep tax cuts favoring the wealthiest in America, a reduction in regulatory oversight and the elimination of a federal tax on the estates of millionaires, which will allow wealthy investors to escape taxes entirely on a significant portion of their income.
Moderator cut: Copyright violation -- please post a link and a "snippet" only, per the Terms of Service
The Economic Freedom Act of 2010 -- introduced by Reps. Jim Jordan (R-Ohio) and Jason Chaffetz (R-Utah) -- proposes deep tax cuts favoring the wealthiest in America, a reduction in regulatory oversight and the elimination of a federal tax on the estates of millionaires, which will allow wealthy investors to escape taxes entirely on a significant portion of their income.
Moderator cut: Copyright violation -- please post a link and a "snippet" only, per the Terms of Service
"The tax cuts they want to give, as usual under Republican policies, will give 62 percent of the tax cuts to the top 1 percent of Americans,"
"Or said another way, an average $467 tax cut to working Americans in the middle of the income levels, and to the top 1 percent earners, an average of $157,000 tax cut,
and to Goldman Sachs, $2.6 billion in tax cuts.
When you analyze that, you know what is happening is the same old Bush policies of advantaging the wealthy at the expense of the middle income working people and tax cuts which did not, as they were advertised to, grow the economy and grow jobs. In fact, they did just the opposite."
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