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Old 10-23-2018, 05:43 PM
 
Location: Ohio
24,621 posts, read 19,177,123 times
Reputation: 21743

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Quote:
Originally Posted by Boss View Post
Yeah they were. Phil Gramm and his goal of getting rid of Glass Stegall opened the doors. The GOP under Bush then followed through.

Glass Stegall had nothing to do with the recession. It was caused by capital reallocation.
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Old 10-23-2018, 07:41 PM
 
Location: Salisbury,NC
16,759 posts, read 8,220,852 times
Reputation: 8537
Quote:
Originally Posted by Mircea View Post
Glass Stegall had nothing to do with the recession. It was caused by capital reallocation.

You are mistaken.

Back to the thread title.

The GOP has been lying now that they found out that the ACA is liked by 75% of the nation.

Those in the House and running for the House are now claiming they love it.

Do not listen just look at the bill they passed and celebrated in the Rose Garden with Trump.
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Old 10-23-2018, 08:29 PM
 
3,357 posts, read 1,235,426 times
Reputation: 2302
Quote:
Originally Posted by illtaketwoplease View Post
fear mongering election spin. sounds like those on the govt. dole don't want to get a job. go get a job and get off of cd.
You want all those old folks to go back to work?
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Old 10-23-2018, 09:51 PM
 
Location: Long Island
32,816 posts, read 19,496,494 times
Reputation: 9618
Quote:
Originally Posted by Boss View Post
You are mistaken.

Back to the thread title.

The GOP has been lying now that they found out that the ACA is liked by 75% of the nation.

Those in the House and running for the House are now claiming they love it.

Do not listen just look at the bill they passed and celebrated in the Rose Garden with Trump.
GS had nothing to do with the recession...

GS or GLB wouldnt have done a thing

gs/glb had zero to due with bad loans secured by the government

gs/glb had very liitle to do with the housing bubble, that started in 1995....


yes GS was a stupid thing....but it was BEFORE GS...gs had very little to do with the housing crash, gs had very little to due with "too big to fail"

gs was 1999


they(banks) became 'too big to fail' before the repealing of G-S

1987 chemical bank merged into jp Morgan
1992 manufacturers Hanover and trust into jp Morgan
1996 chase Manhattan into jp Morgan
1993 Banc one into JPMorgan
1995 first Chicago into JPMorgan
1995 ND Bancorp into JPMorgan

1988 fleet into norstar... into bank of America
1990 bank of new England into BOA
1990 Citizens into BOA

1998 travelers into citi

1987 first fidelity into wells Fargo
1996 Meridian Bancorp into wells Fargo
1997 signet into first union into wells Fargo
1988 Barclays into wells Fargo


yes some happened after gs.. but the 'too big to fail' happened before Gs

these BANK mergers all happened BEFORE 2000 and the repealing of glass-stegal (the grammleachy)

the redoing of the mortgage rules....1995 by the HUD chief...henry Cisneros at the direction of Clinton

nafta (and all the other 'free'trade agreements )has cost the USA 40 million jobs since 1994.......certainly not part of GS...



GS had nothing to due with the housing bubble...the bubble/bust was GOVERNMENT CAUSED... banks are NOT going to lend to people that cant pay UNLESS they are DIRECTED to from the GOVERNMENT..




the recession was a perfect storm of liberals outsourcing jobs(nafta etc)...and liberals changing the mortgage rules in 1995


and your title of the thread...is a lie.... GOP does not want to kill ss or medicare..but they SURELY NEED REFORM
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Old 10-23-2018, 09:55 PM
 
Location: Staten Island, NY
3,614 posts, read 1,738,278 times
Reputation: 2740
Quote:
Originally Posted by workingclasshero View Post
GS had nothing to do with the recession...

GS or GLB wouldnt have done a thing

gs/glb had zero to due with bad loans secured by the government

gs/glb had very liitle to do with the housing bubble, that started in 1995....


yes GS was a stupid thing....but it was BEFORE GS...gs had very little to do with the housing crash, gs had very little to due with "too big to fail"

gs was 1999


they(banks) became 'too big to fail' before the repealing of G-S

1987 chemical bank merged into jp Morgan
1992 manufacturers Hanover and trust into jp Morgan
1996 chase Manhattan into jp Morgan
1993 Banc one into JPMorgan
1995 first Chicago into JPMorgan
1995 ND Bancorp into JPMorgan

1988 fleet into norstar... into bank of America
1990 bank of new England into BOA
1990 Citizens into BOA

1998 travelers into citi

1987 first fidelity into wells Fargo
1996 Meridian Bancorp into wells Fargo
1997 signet into first union into wells Fargo
1988 Barclays into wells Fargo


yes some happened after gs.. but the 'too big to fail' happened before Gs

these BANK mergers all happened BEFORE 2000 and the repealing of glass-stegal (the grammleachy)

the redoing of the mortgage rules....1995 by the HUD chief...henry Cisneros at the direction of Clinton

nafta (and all the other 'free'trade agreements )has cost the USA 40 million jobs since 1994.......certainly not part of GS...



GS had nothing to due with the housing bubble...the bubble/bust was GOVERNMENT CAUSED... banks are NOT going to lend to people that cant pay UNLESS they are DIRECTED to from the GOVERNMENT..




the recession was a perfect storm of liberals outsourcing jobs(nafta etc)...and liberals changing the mortgage rules in 1995


and your title of the thread...is a lie.... GOP does not want to kill ss or medicare..but they SURELY NEED REFORM
Multiple rep points to you. All true, ALL TRUE!
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Old 10-24-2018, 12:01 AM
 
30,177 posts, read 11,815,563 times
Reputation: 18697
Quote:
Originally Posted by Boss View Post
Kudlow answered a question from Becky Quick on CNBC on entitlements.

He said the GOP will fix them.

Just like Rubio did when the GOP controlled all 3 parts of the Government.

So the GOP playbook, cut taxes for the top 1% and then do not pay for anything. Increase spending to force even greater deficits.

Create HUGE deficits and start telling all the followers oh do not worry we are fixing it all.

We have already seen them fix the ACA by trying to kill it.

No matter what the GOP needs to lose control of the House and Senate.

Show me the link where Kudlow says the GOP wants to kill SS and medicare?



Personally I am set to do working hard and doing the right thing. So SS can go bye bye for all I am concerned. Same for medicare. But I do understand most people are irresponsible and need handouts.
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Old 10-24-2018, 03:14 AM
 
12,017 posts, read 14,337,386 times
Reputation: 5981
Quote:
Originally Posted by workingclasshero View Post
..




the recession was a perfect storm of liberals outsourcing jobs(nafta etc)...and liberals changing the mortgage rules in 1995


and your title of the thread...is a lie.... GOP does not want to kill ss or medicare..but they SURELY NEED REFORM
Mitch said it needs to be cut.

As for your 90s conspiracy theory regarding the GOP recession, try harder. Republican deregulated and wrote the legislation to repeal glass steagall... Republicans are the ones who are letting TBTF happen again by gutting dodd Frank. Republicans doubled the national debt under dubya before Obama took office AND handed him the worst economy in generations.

Right wingers love their alternative facts and that's another great example
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Old 10-24-2018, 03:57 AM
 
12,043 posts, read 6,576,479 times
Reputation: 13982
Fear mongering from the Dems.
No way the Rs will risk losing elections by cutting SS and Medicare . Their base are largely seniors.
They may up the age a year or two to collect SS, but even that is iffy.
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Old 10-24-2018, 04:34 AM
 
Location: Pennsylvania
31,340 posts, read 14,281,167 times
Reputation: 27863
The lying democrap party has been saying the same thing for 40 years now. Yawn
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Old 10-24-2018, 04:46 AM
 
59,113 posts, read 27,340,319 times
Reputation: 14289
Quote:
Originally Posted by 2sleepy View Post
You don't think wage stagnation for the past 30 years have contributed to this? It's kind of hard to save for retirement when your salary remains the same but your rent and healthcare costs double.

Funny how so many retried people have been able to retire, sell thir houses and move to a much nicer place and enjoy their retirements.


I know, I live in one of the places which is experiencing record growth with new housing constructions and shopping centers etc.
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