Posted on 07/04/2015 11:51:05 AM PDT by PROCON
But as Mephistopheles said in “Faust,” “As many as I’ve buried, there’s always a new, fresh brood. It’s enough to drive you crazy.”
Bush had 4.5% unemployment after 4 years. Obama had 10% unemployment.
Wow. It's incredulous she is STILL blaming Bush, when it was nothing he did economically to cause the real estate boom and bust that spread throughout the financial world.
It has been proven time and again that Bill Clinton along with his co-horts in Congress (think Barney Frank) pushed the lenders to make unsustainable loans for years. It's a fact. Hell, you could almost be homeless and get a loan because the Fedgov had been long strong-arming lenders. No or little down payments; work history not significant; salary barely okay; no assets also okay. Am I the only one who remembers that was the catalyst for the meltdown in 2008?
I've bought quite a few properties going back to mid-80's and the "evil" bankers always wanted enough security to make sure I could make the monthly payments. However,in the late 80's and 90's the lenders had no choice but to give anyone who had a job a loan (even menial) to appease DC.
I saw directly how that the ignorant liberal policies in DC was leading to a major bust in the real estate market. After we got married and my wife moved in, I suggested she sell her property while at the top of the bubble, rather than renting as she was thinking. She sold and made enough to send her daughter to 4 years of college. I couldn't believe at the time how much she got for an old 3 bedroom house in a lower middle-class neighborhood. Now it's worth a third of what she sold it for. And we all know how many thousands upon thousands have lost their properties due to negative amortization.
If Hillary continues to bring this up meetings, publications, in the debates, whoever on our side needs to remind her the bubble in real estate started under Billy's watch in the Oral Office.
Of course if it's a GOPe, he/she will only play nice. If it's Curz or Walker, than maybe we will see the long knieves come out. The rest of the pack, including Rubio and Paul, are just too wishy-washy or don't truly subscribe to conservative principles.
May this hateful old hag go to Somalia and stay for a few years.
Or a stock broker...For inside information, call CATTLE at MHF-THOOH.
I'm sure Bubba visited lots of college's co-ed dorms in his day; for collegiate educational purposes, of course.
“We can put light where there’s darkness, and hope where there’s despondency in this country. And part of it is working together as a nation to encourage folks to own their own home.”
- President George W. Bush, Oct. 15, 2002
Bush’s fault!
What? Jeb hasn't even been elected yet!
The Economy crashed and burned in the spring of 2000 during the Tech Bust. We have been in a Depression ever since and all that has happened is to poor more Debt on the Economic Fire.
We are headed to a Collapse of some kind and it won’t be pretty. No one in Congress or the White House will grapple with the monumental Debt and Deficit we have and without spending cuts, balancing the budget, and most importantly paying down the Debt we have no chance. And right now there is no common sense or relief on the horizon.
Don’t kid yourself the real unemployment rate, U6, was worse than that.
Ted Cruz must have had 300+ for a book signing in Arlington, TX this past Thursday...with little advance publicity...during a work day before a federal holiday...
The mention of Jeb or any other GOPe candidate prompted the term "third party." The Pubbies have spit on their base since Mississippi, and we, like Elvis, have left the arena.
If this continues through the general, I hope the Republican candidate boycotts the press, too.
Obama is a Republican?
Does anyone wonder what those tired policies are?
Why don't those policies work?
Why will your policies fare differently from those of the Republicans and Obama?
An aside: Hillary's speeches lack crisp points, carefully crafted sentences, and specifics. She is targeting her core constituency, the low information voter. I'll add that Hillary doesn't have a clue how the economy works.
SDS and Revolutionary Communist Party meetings?
It covers government and private sector jobs.
I broke the numbers out every four years, in January, the inauguration month.
Granted courts had sided with what caused the fiasco, but Congress could have acted. Early in the 2000s, they could have avoided the 2008 crash. They didn't, and it really rubs me the wrong way.
I had relatives who cashed out at the right time also. Good for them.
Glad you two came out alright on it.
Back then Dartmouth would have still been all-male, so a visit from Bubba would have been interesting.
Something fishy at Dartmouth?...The Valley News had a story that the Hildabeast was changing the location of her campaign stop Friday....
“Hanover Democratic presidential candidate Hillary Clinton has changed the location of the venue for her campaign stop today, moving it from a private home in Hanover to the Bema, a wooded natural amphitheater off Observatory Road on the Dartmouth College campus.
Clinton campaign spokesman Harrell Kirstein said the new venue was chosen due to the large local interest in the event,...”
According to online information from Dartmouth, the Bema has a capacity for 4,000 people.
So, the Beast was planning a visit to a private home. Then, at the last minute the campaign suddenly expects a large crowd at a venue that holds 4,000. But, they can only bus in an estimated 850. I guess 850 might be OK for Dartmouth during summer months. But, I think it shows that there is real trouble in Hillaryland...the Beast is looking over her shoulder at Bernie charging. At the rate this is going, Bernie could pass her by the Fall. Look for additional lefty vote-splitters to enter the DIM race to help save the Beast...
Thanks. However, I do recall Bush II speaking out regarding the irresponsible lending. I believe Congress didn't act because once again, they didn't want to be pegged as the mean guys against the poor and minorities. Bush did address it along with his economic advisers at the time.
He saw it coming, but that was time when the Executive Office didn't make up law. Disclaimer: My biggest disappoint in W was his signature regarding prescription meds that enlarged Medi-care. Also that he didn't get a solid agreement with Iraq to maintain a troop presence once he started talking about leaving.
I lay more of that blame on Obama, since the scheduled withdrawal happened on his watch, again with no status of forces agreement. Now look what we have with the Arab Spring (Fall/Fail). I cry every time I see a Wounded Warrior advertisement for all the loss of our best and those who deal with their maimed bodies and minds every day. Viet Nam all over. At least it was a lower body count. F*ck them all who refuse to go Dresdan on those savages. Collateral damage be damned.
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