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Old 11-05-2014, 06:32 PM
 
Location: ATX-HOU
10,216 posts, read 8,119,861 times
Reputation: 2037

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Quote:
Originally Posted by T-310 View Post
I don't want anymore legislation. Enough laws exist already. All they can do now is be nanny's. I don't need a nanny.

No amnesty. No more gun laws. No more Ostupidcare. Reduce spending. Direct all money to improving the country. Cut taxes to the bone, that stimulates the economy more than trying to spend your way out of a recession.

Tax the crap out of tobacco. Like Canada, make them $17 a pack. The same for dope. Tax the crap out of it.
LOLZ.... All that requires legislation.... That's how it works.....They let you vote.....
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Old 11-05-2014, 06:34 PM
 
Location: ATX-HOU
10,216 posts, read 8,119,861 times
Reputation: 2037
Quote:
Originally Posted by NVplumber View Post
And that is where the real danger is. Obama and his cronies will do all they can to toss spanners in the gears. Even if what comes out of congress is totally supported by the people, and makes good sense, out of pure, childish, spite it will be blocked. Obama does not want what is best for the nation or its people. He wants to be in control. Period. To coin his favorite word. All the idiot wants is to have his way.

He will not support any measures that were not his, or his sychophants, brainchildren. His ego is his driving force. The man is dangerous. He's playing with an Acme dynamite kit, perfectly emulating Wiley Coyote, right down to when things go boom and the rock lands on his head. He feels zero accountability.

Oh yes...we can expect a lot of executive actions. It will be ugly as a mud fence in a flash flood.
That works both ways..... Like when Republicans blocked Obama's legislation after he won the presidency twice? Are you folks that partisan that you can't see what is happening?
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Old 11-05-2014, 06:47 PM
 
29,535 posts, read 19,626,354 times
Reputation: 4549
Quote:
Originally Posted by dv1033 View Post
That's cute that you think the banks and repbublicans weren't in on it. And it was deregulation that was the primary cause of the banks getting too wild and out of control. Sorry.



Whatever. Everyone was in it. The bottom vanished under a Republican administration. I don't personally believe the blame is that simple but your ilk blame Obama for everything so trying to keep it consistent.
Under Bush we had a slim Republican majority in the House until 2007 when the Democrats gain a 233-198 majority. The Senate was split 50-50 at the beginning of his first term and 49-49-2 at the end of his second term. The Democrats had control of both the the House and Senate, starting January 4th, 2007, when the recession began. The Democrats kept control until the voters chose the Republican party to reclaim the House starting on January 3rd, 2011, after the first two years of Barack Obama's presidency.


The cause of the Great Recession and who is to blame is outlined here

Quote:
Here’s a partial list of those alleged to be at fault:
The Federal Reserve, which slashed interest rates after the dot-com bubble burst, making credit cheap.
Home buyers, who took advantage of easy credit to bid up the prices of homes excessively.
Congress, which continues to support a mortgage tax deduction that gives consumers a tax incentive to buy more expensive houses.
Real estate agents, most of whom work for the sellers rather than the buyers and who earned higher commissions from selling more expensive homes.
The Clinton administration, which pushed for less stringent credit and downpayment requirements for working- and middle-class families.
Mortgage brokers, who offered less-credit-worthy home buyers subprime, adjustable rate loans with low initial payments, but exploding interest rates.
Former Federal Reserve chairman Alan Greenspan, who in 2004, near the peak of the housing bubble, encouraged Americans to take out adjustable rate mortgages.
Wall Street firms, who paid too little attention to the quality of the risky loans that they bundled into Mortgage Backed Securities (MBS), and issued bonds using those securities as collateral.
The Bush administration, which failed to provide needed government oversight of the increasingly dicey mortgage-backed securities market.
An obscure accounting rule called mark-to-market, which can have the paradoxical result of making assets be worth less on paper than they are in reality during times of panic.
Collective delusion, or a belief on the part of all parties that home prices would keep rising forever, no matter how high or how fast they had already gone up.
The U.S. economy is enormously complicated. Screwing it up takes a great deal of cooperation. Claiming that a single piece of legislation was responsible for (or could have averted) the crisis is just political grandstanding. We have no advice to offer on how best to solve the financial crisis. But these sorts of partisan caricatures can only make the task more difficult.
Who Caused the Economic Crisis?
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Old 11-05-2014, 06:48 PM
 
Location: M I N N E S O T A
14,773 posts, read 21,504,427 times
Reputation: 9263
Quote:
Originally Posted by forestgump99 View Post
In his press conference, Obama said "I hear you" to the voters and went further and said "To those who didn't vote, I hear you too."

And with all that, he said he will continue to do executive actions against the American people, thus not giving a horse's patoot about the big losses or the American people.
Good response from our president, respect, mr president!
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Old 11-05-2014, 06:57 PM
 
Location: Upper East Side of Texas
12,498 posts, read 26,998,067 times
Reputation: 4890
Impeachment is imminent.

Last edited by Metro Matt; 11-05-2014 at 07:17 PM..
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Old 11-05-2014, 07:03 PM
 
Location: ATX-HOU
10,216 posts, read 8,119,861 times
Reputation: 2037
Quote:
Originally Posted by chicagogeorge View Post
Under Bush we had a slim Republican majority in the House until 2007 when the Democrats gain a 233-198 majority. The Senate was split 50-50 at the beginning of his first term and 49-49-2 at the end of his second term. The Democrats had control of both the the House and Senate, starting January 4th, 2007, when the recession began. The Democrats kept control until the voters chose the Republican party to reclaim the House starting on January 3rd, 2011, after the first two years of Barack Obama's presidency.
But the Bush administration, a Republican one, was in charge of the executive branch for 8 years? Correct?


Quote:
The cause of the Great Recession and who is to blame is outlined here


Who Caused the Economic Crisis?
Did you miss the part where I literally said "everyone was in on it"?
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Old 11-05-2014, 07:06 PM
 
41,110 posts, read 25,740,361 times
Reputation: 13868
Quote:
Originally Posted by Nayabone View Post
You expect him to continue to do his job? He has been warming the seat for six years now, when might we expect him to start doing his job?
The man is a totally incompetent, corrupt, worthless SOB who hopefully will yet end up in prison where he belongs..
Just think, this man represents blacks and what they want. What's that tell you? They're hope is to change America into a socialist country.
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Old 11-05-2014, 07:18 PM
 
Location: ATX-HOU
10,216 posts, read 8,119,861 times
Reputation: 2037
Quote:
Originally Posted by petch751 View Post
Just think, this man represents blacks and what they want. What's that tell you? They're hope is to change America into a socialist country.
You are using that word like you understand the meaning of it.....

We've been some form of socialist for about a century now.... Where you been?
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Old 11-05-2014, 07:30 PM
 
2,727 posts, read 2,834,646 times
Reputation: 4113
Are you sure of that? They'd get my vote.

Quote:
Originally Posted by dv1033 View Post
The GOP is smarter than people give them credit for. Rounding up and deporting 10 million folks is just not a smart policy and cost efficient policy.
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Old 11-05-2014, 07:38 PM
 
Location: ATX-HOU
10,216 posts, read 8,119,861 times
Reputation: 2037
Quote:
Originally Posted by joeymags View Post
Are you sure of that? They'd get my vote.
They'd get your vote by spending all that money to round up and deport over ten million people?
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