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Old 01-25-2014, 08:39 PM
 
Location: Long Island
32,816 posts, read 19,471,329 times
Reputation: 9618

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Quote:
Originally Posted by RaymondChandlerLives View Post
Shameless deflecting. The housing bubble that ruined our economy was predicted to implode long before the Dems retook congress in 2007. Their first budget proposal was passed mere months before the Great Recession began.

It was Bush the Failure and his merry band of incompetent neo-cons that trashed the place during their years in power.
typical deflecting the housing bubble...a LIBERAL bubble which started in 1995 was a Clinton debacle

and part of the 'recession' was the freaking liberals and their job loss causing raising of the min wage

 
Old 01-25-2014, 08:42 PM
 
Location: Long Island
32,816 posts, read 19,471,329 times
Reputation: 9618
Quote:
Originally Posted by RD5050 View Post
The stock market has minor corrections every few months, but the overall trend remains upward!


and..the overall tend from 2001 to 2007 was an increase to the 'record' high of 14k in oct 2007


then what happened???
 
Old 01-25-2014, 08:46 PM
 
79,913 posts, read 44,167,332 times
Reputation: 17209
Quote:
Originally Posted by RaymondChandlerLives View Post
Shameless deflecting. The housing bubble that ruined our economy was predicted to implode long before the Dems retook congress in 2007. Their first budget proposal was passed mere months before the Great Recession began.
with those like Barney Frank and Bernanke trying to convince us it wasnt.
 
Old 01-25-2014, 08:56 PM
 
Location: Cape Coral
5,503 posts, read 7,330,107 times
Reputation: 2250
Quote:
Originally Posted by RaymondChandlerLives View Post
Shameless deflecting. The housing bubble that ruined our economy was predicted to implode long before the Dems retook congress in 2007. Their first budget proposal was passed mere months before the Great Recession began.

It was Bush the Failure and his merry band of incompetent neo-cons that trashed the place during their years in power.
It was democrat legislation, the Community Reinvestment Act, that ultimately cause the housing bubble and collapse. W warned congress 17 times about the problem. Schumer and Frank were saying everything was fine right up until the end.
 
Old 01-25-2014, 09:09 PM
 
69,368 posts, read 64,081,664 times
Reputation: 9383
Quote:
Originally Posted by RaymondChandlerLives View Post
Shameless deflecting. The housing bubble that ruined our economy was predicted to implode long before the Dems retook congress in 2007. Their first budget proposal was passed mere months before the Great Recession began.

It was Bush the Failure and his merry band of incompetent neo-cons that trashed the place during their years in power.
Which is why Bush proposed raising the equity ratios going back to 2002, and Democrats laughed at the thought that an oncoming economic collapse was going to happen, but even called for lowering the equity ratios below 3%..

Good thing they didnt get their wish.. You think its bad now..
 
Old 01-25-2014, 09:36 PM
 
Location: Pasadena, CA
9,828 posts, read 9,409,015 times
Reputation: 6288
Quote:
Originally Posted by pghquest View Post
Which is why Bush proposed raising the equity ratios going back to 2002, and Democrats laughed at the thought that an oncoming economic collapse was going to happen, but even called for lowering the equity ratios below 3%..

Good thing they didnt get their wish.. You think its bad now..
Bush had congress at his fingertips for most of his first six years...he did NOTHING. He was too busy waging idiotic wars and touting his strong homeownership record to do anything of significance.


http://m.youtube.com/watch?v=kNqQx7sjoS8

Conservatives love to pretend that Jan 2001-Jan 2009 never happened. It did, sadly.
 
Old 01-25-2014, 09:43 PM
 
69,368 posts, read 64,081,664 times
Reputation: 9383
Quote:
Originally Posted by RaymondChandlerLives View Post
Bush had congress at his fingertips for most of his first six years...he did NOTHING. He was too busy waging idiotic wars and touting his strong homeownership record to do anything of significance.


http://m.youtube.com/watch?v=kNqQx7sjoS8

Conservatives love to pretend that Jan 2001-Jan 2009 never happened. It did, sadly.
Sucks for you that facts dont backup your babble..

In fact they had congressional hearings on the oncoming economic collapse.. It was DEMOCRATS who wanted to lower equity ratios to 0% from the ridiculously low 3%..


Shocking Video Unearthed Democrats in their own words Coveri - YouTube
 
Old 01-25-2014, 10:13 PM
 
Location: Too far from home.
8,732 posts, read 6,779,319 times
Reputation: 2374
Quote:
Originally Posted by sxrckr View Post
I'm no fan of Oblamer either. However, this is hardly all "his fault"...
Success wears one hat, failure wears many.

It was because of Obama that the DOW kept going up, so they claimed. Now that it's dipping, how many hats are going to be distributed and to who???
 
Old 01-25-2014, 10:17 PM
 
Location: Too far from home.
8,732 posts, read 6,779,319 times
Reputation: 2374
Quote:
Originally Posted by middle-aged mom View Post
Presidents control the stock market?

Oh the things I learn on this forum.
You must have missed a few posts over the past couple of years. There's a large majority out there that believe the Obama does control the stock market.
 
Old 01-25-2014, 10:20 PM
 
12 posts, read 14,396 times
Reputation: 20
been a while since i've looked at the news seriously, but at this point, i think it's more about bernanke retiring, and real-real money being shaky about a woman taking his place. (you'd be surprised how crazy things like this are. you should've seen the minutes during certain speeches/conferences. i'm not being cynical.) if we're still on the infinite money-printing program; we'll dip when she comes in, and provided some crazy nonsense doesn't happen from outside the market (which is always a factor anyway) we'll pick back up easy enough.
cheers
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