7,000,000+ unemployed men ages 25-54 (prime working age) out of work and not looking for work anymore. How much better would the economy be chugging along (boosting the paltry GNP of just 1.1%) if these MEN were at work?
This cannot be addressed with the usual, "baby boomers are retiring" mantra as only the men ages 53-54 fall into the baby boomer category (born from 1946-1964).
I am sure cricket for the left will prevail as the left has no answers, just excuses.
ZVUGKTUBM wrote:Yes, recovery from the George W. Bush crash of 2008 has been a long one.... However, I am sure that you long for those good old times, right?
Bush didn't orchestrate the subprime loan crisis goofy. That was the doing of Democrats like Clinton, bawney fwank and others who thought everyone should have a home mortgage despite their inability to pay. It was 100 percent a DNC idea and you idiots own it- lock, stock and barrel.
ZVUGKTUBM wrote:Yes, recovery from the George W. Bush crash of 2008 has been a long one.... However, I am sure that you long for those good old times, right?
Posts : 11865 Join date : 2012-06-14 Age : 72 Location : Pensacola, FL
Floridatexan wrote:
Too bad we could not bring Calvin Coolidge back from the dead. He would have been a better pick if we had to have a Republican in office (at least he wouldn't have gone off starting wars around the world).
Look for Bush again in 2020. The last time the republicans took the White House without the Bush name on the ticket was 1972 and it's not going to happen in 2016.
Posts : 11865 Join date : 2012-06-14 Age : 72 Location : Pensacola, FL
Floridatexan wrote:
Tellthetruth wrote:Bush didn't orchestrate the subprime loan crisis goofy. That was the doing of Democrats like Clinton, bawney fwank and others who thought everyone should have a home mortgage despite their inability to pay. It was 100 percent a DNC idea and you idiots own it- lock, stock and barrel.
FlaTex's video evidence proves that either Tellthetruth is lying, or he does not know what he is talking about. I suspect the latter. Markle used to lie about this, too.
Tellthetruth wrote:Bush didn't orchestrate the subprime loan crisis goofy. That was the doing of Democrats like Clinton, bawney fwank and others who thought everyone should have a home mortgage despite their inability to pay. It was 100 percent a DNC idea and you idiots own it- lock, stock and barrel.
FlaTex's video evidence proves that either Tellthetruth is lying, or he does not know what he is talking about. I suspect the latter. Markle used to lie about this, too.
1972, the last time the republicans took the White House without a Bush on the ticket. After the Trump fiasco of 2016 they will go back to what works for them, Bush.
Tellthetruth wrote:Bush didn't orchestrate the subprime loan crisis goofy. That was the doing of Democrats like Clinton, bawney fwank and others who thought everyone should have a home mortgage despite their inability to pay. It was 100 percent a DNC idea and you idiots own it- lock, stock and barrel.
FlaTex's video evidence proves that either Tellthetruth is lying, or he does not know what he is talking about. I suspect the latter. Markle used to lie about this, too.
1972, the last time the republicans took the White House without a Bush on the ticket. After the Trump fiasco of 2016 they will go back to what works for them, Bush.
It didn't work for Jeb, did it? You'd have to be deaf, dumb and blind not to know about W's abysmal record.
Tellthetruth wrote:Bush didn't orchestrate the subprime loan crisis goofy. That was the doing of Democrats like Clinton, bawney fwank and others who thought everyone should have a home mortgage despite their inability to pay. It was 100 percent a DNC idea and you idiots own it- lock, stock and barrel.
FlaTex's video evidence proves that either Tellthetruth is lying, or he does not know what he is talking about. I suspect the latter. Markle used to lie about this, too.
1972, the last time the republicans took the White House without a Bush on the ticket. After the Trump fiasco of 2016 they will go back to what works for them, Bush.
It didn't work for Jeb, did it? You'd have to be deaf, dumb and blind not to know about W's abysmal record.
That's what they said in 2004 and the little bastard still managed to get himself reelected. Expect Jeb to come back strong in 2020 and maybe even 2024. Not saying they will win with Bush but it should dawn on them that they can't win without a Bush on the ticket.
Posts : 17531 Join date : 2012-06-16 Age : 79 Location : Tallahassee
ZVUGKTUBM wrote:Yes, recovery from the George W. Bush crash of 2008 has been a long one.... However, I am sure that you long for those good old times, right?
Longest "recovery" in history and we're not there yet.
The first president in history to NOT have a single year with a Gross National Product above 3%.
You still enjoy lying about the causes of the crash, don't you?
Posts : 6467 Join date : 2012-06-14 Location : Pensacola Beach, FL
Markle wrote:You still enjoy lying about the causes of the crash, don't you?
Your desperation is duly noted.
As is your desperation to hide the truth about the crash (and/or just about any other truth you don't wish to recognize or discuss) behind your repetitive accusations of desperation in others, along with similar insults.
Posts : 11865 Join date : 2012-06-14 Age : 72 Location : Pensacola, FL
RealLindaL wrote:
Markle wrote:You still enjoy lying about the causes of the crash, don't you?
Your desperation is duly noted.
As is your desperation to hide the truth about the crash (and/or just about any other truth you don't wish to recognize or discuss) behind your repetitive accusations of desperation in others, along with similar insults.
Hey, what can you expect from a bonafide graduate of the Joseph Goebbels School of Propaganda? Lame dork poster Markle often gets so lost in it that he can't see the forest from the trees.....
Posts : 17531 Join date : 2012-06-16 Age : 79 Location : Tallahassee
Once AGAIN for Progressives to whine about.
HUD TO FIGHT DISCRIMINATION, BOOST MINORITY HOMEOWNERSHIP AND WORK WITH URBAN LEAGUE TO FURTHER GOALS August 5, 1997 (President Clinton) http://archives.hud.gov/news/1997/pr97-135.cfm
Fannie Mae Eases Credit To Aid Mortgage Lending New York Times Published: September 30, 1999 (President Clinton) http://www.nytimes.com/1999/09/30/business/fannie-mae-eases-credit-to-aid-mortgage-lending.html
In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.
The action, which will begin as a pilot program involving 24 banks in 15 markets -- including the New York metropolitan region -- will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans.
Fannie Mae officials say they hope to make it a nationwide program by next spring. Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.
Franklin Raines, [economic advisor to President Obama] was the CEO of Fannie Mae at this time (1998-2004) and profited to the tune of $90 Million in bonuses. Barney Frank's lover was on the board of Directors at the same time also reaping those bonuses.
##
From USA TODAY http://usatoday30.usatoday.com/money/industries/banking/2006-05-22-fannie-mae_x.htm Fannie Mae to pay $400 million fine By Elliot Blair Smith, USA TODAY [b]Franklin Raines[/b] Housing-finance giant Fannie Mae (FNM) agreed Tuesday to pay federal regulators a $400 million fine for alleged accounting manipulations and governance lapses by its board and management that are expected to force it to erase $10.6 billion in previously reported profits.
Throughout OFHEO's 340-page investigative report, former Fannie Mae CEO Franklin Raines [current Obama financial advisor] and former CFO Timothy Howard are held as principally responsible for manipulating the company's earnings from 1998 to 2004 while reaping tens of millions of dollars in pay and bonuses."
From the NY Times New Agency Proposed to Oversee FANNIE MAE (President Bush) http://www.nytimes.com/2003/09/11/business/new-agency-proposed-to-oversee-freddie-mac-and-fannie-mae.html
From youtube.... How it came about....
From youtube (Excellent) Fannie Mae/Freddie Mac Hearings 2004
From YouTube Timeline shows Bush, McCain Warning Dems. Meltdown
From YouTube Fannie Mae CEO calling Obama and the Dems the "Family" and "Conscience" of Fannie Mae
Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis - http://tinyurl.com/yk8etks (No longer free 60-Minute segment on the mistake of Credit Default Swaps)
The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs
For many years the President and his Administration have not only warned of the systemic consequences of financial turmoil at a housing government-sponsored enterprise (GSE) but also put forward thoughtful plans to reduce the risk that either Fannie Mae or Freddie Mac would encounter such difficulties.
President Bush publicly called for GSE reform 17 times in 2008 alone before Congress acted.
Unfortunately, these warnings went unheeded, as the President’s repeated attempts to reform the supervision of these entities were thwarted by the legislative maneuvering of those who emphatically denied there were problems. http://sweetness-light.com/archive/bush-called-for-reform-17-times-in-2008
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Andrew Cuomo: CRA Should be used to Force Banks to Give Risky Loans
During Cuomo's remarks you'll notice how he cites how blacks are turned down for mortgages at a far higher rate than whites. What he does NOT disclose is what the credit ratings and ability to pay was of those rejected. He also does not state that the underwriting method used was automatic. It was a computerized program which could not take race, gender or anything except the FACTS into consideration.
Your choice now, and the choice of other Liberals…Fact or Fiction…Truth or Lies.
Now you have two options. One, you can continue to be ignorant of what happened and continue to be part of the problem. Or, two, you can educate yourself, look at what REALLY happened and then decide what needs to be done to remedy the problem. EVERYONE was to blame. To deny that is to boast your ignorance. The Democrats for causing it and the Republicans for not pushing hard enough, under the constant assault from Democrats calling the Republicans racists and promoting discrimination, to force a return to prudent lending policies.
Posts : 11865 Join date : 2012-06-14 Age : 72 Location : Pensacola, FL
Markle wrote:EVERYONE was to blame. To deny that is to boast your ignorance. The Democrats for causing it and the Republicans for not pushing hard enough, under the constant assault from Democrats calling the Republicans racists and promoting discrimination, to force a return to prudent lending policies.
Please tell us WHO was President of the United States in 2008 when the economy crashed?
I guess for every president except for George W. Bush, "The Buck Stops Here," as stated by President Harry Truman!
PkrBum wrote:The issue didn't exist until the govt intervened with more progressive social engineering.
As usual... a naive noble intent with disastrous real world results.
Noble intent, my ass. Unfettered capitalism brings out the worst in people. When you remove the constraints of regulation, capitalism only works for the greedy.
Tellthetruth wrote:Bush didn't orchestrate the subprime loan crisis goofy. That was the doing of Democrats like Clinton, bawney fwank and others who thought everyone should have a home mortgage despite their inability to pay. It was 100 percent a DNC idea and you idiots own it- lock, stock and barrel.
FlaTex's video evidence proves that either Tellthetruth is lying, or he does not know what he is talking about. I suspect the latter. Markle used to lie about this, too.
I provided you a link. Nuf said. Not one liberal has addressed the topic of the thread, but what else can they do when their boy has been the worst POTUS ever ?
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