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Who, Me? Yes You!(Schiff:'Greenspan fathered the housing bubble/crisis' )
Safe haven /Europacific Capital ^ | May 15, 2009 | Peter Schiff

Posted on 05/15/2009 8:10:42 PM PDT by sickoflibs

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To: Southack; org.whodat; rabscuttle385; calcowgirl; spyone; dools007; mountainbunny; djsherin; ...
RE :”No, what bothers me are your repeated, bald-faced lies. Such as above...where you lie about “amnesty.” Bush proposed *penalties* ($5,000 fine and “back of the line” citizenship processing ) for illegals.

$5000 in fines ??? It was $2000 but meanwhile they would cost the taxpayers 5-10 times that PER YEAR, and the word ‘fines’ is a joke, it was a tiny fee. So was the so called requirement to leave, here's a list of all the loopholes and another of the costs:

GRASSLEY UNVEILS TOP 10 FLAWS WITH AMNESTY AND GUEST WORKER OF COMPREHENSIVE IMMIGRATION REFORM BILL text at #25

and The Fiscal Cost of Low-Skill Households to the U.S. Taxpayer

41 posted on 05/17/2009 6:46:09 PM PDT by sickoflibs (Obama /Pelosi/Bush Theme : "A dollar borrowed or printed is a dollar earned!")
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To: Southack
You may be sick of libs, but I'm sick of your baldfaced lies against Bush.

You disgust me with your utter dishonesty. You are contemptable.

You win the prize for illiterate thought.

42 posted on 05/17/2009 7:31:40 PM PDT by org.whodat
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To: Southack
I really don't think you are smart enough to have read any of the amnesty plan, written by Ted Kennedy and his pal George Bush, It had a hardship clause, that grant a waver for the money and for a illegals with a arrest and conviction record. In short there was no damn payment and in fact they all would have qualified for back unearned income tax credit.

Now go back to your making up lies about someone else making up lies. Have you always been the type to drink the gape punch by the gallons???

43 posted on 05/17/2009 7:37:57 PM PDT by org.whodat
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To: sickoflibs

$2,000 is a large fee for someone earning Minimum Wage, but the point is that you *know* that the fine was in Bush’s proposal...and in spite of knowing that the punishment for being illegal was there, you continue to lie that Bush was promoting “amnesty” as if you didn’t know that “amnesty” means “no punishment.”

And it is by your own words that I find you entirely dishonest.

You disgust me.


44 posted on 05/17/2009 8:40:27 PM PDT by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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To: Southack; rabscuttle385
RE :”"You disgust me."”

LOL

45 posted on 05/17/2009 8:47:00 PM PDT by sickoflibs (Obama /Pelosi/Bush Theme : "A dollar borrowed or printed is a dollar earned!")
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To: Southack; sickoflibs

You are not going to make us like GWB any better by defending the 2007 amnesty bill, which really did a lot of damage to what was left of the Republican Party.

Try mentioning his supreme court appointments. Talk about how he kept us safe from terrorist attacks.


46 posted on 05/17/2009 10:20:18 PM PDT by ding_dong_daddy_from_dumas (Obama's multi- trillion dollar agenda would be a "man caused disaster")
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To: ding_dong_daddy_from_dumas

You don’t have to like GWB. It’s a free country. But if you lie repeatedly, knowingly, about him, yeah, that’s going to disgust me.


47 posted on 05/17/2009 10:27:14 PM PDT by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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To: sickoflibs
When you add up all the fees that are required to immigrate legally, it probably comes to $2000. Processing fees, application fees, health fees, visa fees... fees, fees, fees. My niece and her husband went through this a couple years ago. They had to jump through mega-hoops... have medical tests, dna tests, travel to the embassy (on a Friday since their unchangeable appt was at 8:00AM on a Monday morning), etc. I don't believe the CIRA bill required that Mexican illegal aliens go through that same scrutiny. $2,000 wasn't a fine, no matter what they called it -- it covered some of the costs.
48 posted on 05/17/2009 11:25:31 PM PDT by calcowgirl (RECALL Abel Maldonado! - NO on Props 1A 1B 1C 1D 1E 1F)
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To: sickoflibs

Interest rates didn’t cause the housing bubble, it was making loans to people with nothing down and no income to repay the mortgages!

Demanding 20% minimum down and no more than 30% of income for payment would have eliminated the entire problem.


49 posted on 05/17/2009 11:47:47 PM PDT by dalereed
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To: ding_dong_daddy_from_dumas; Southack
RE :”Try mentioning his supreme court appointments. Talk about how he kept us safe from terrorist attacks.

Or better, just mention supreme court appointments minus Harriet Myers. There is a reason Obama is trusted (polls) far more than GWB and republicans on national defense and it is not because Obama is a great leader.

Defending Amnesty is a great strategy. it shows you(Southhack) will say anything to defend Bush

50 posted on 05/18/2009 5:11:45 AM PDT by sickoflibs (Obama /Pelosi/Bush Theme : "A dollar borrowed or printed is a dollar earned!")
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To: dalereed
RE :”Interest rates didn’t cause the housing bubble

When we talk about low interest rates we are talking about creating new money. This causes many problems in the long run but in the short run it is done to create a party. Everyone loves the party(but not the hangover) , everyone feels richer.

More people have more money, but there is not more things to go along with that new money. Also it deters savings and promotes speculation and debt.

The opposite argument than yours can be made too, that those requirements for loans were eased BECAUSE the house values were going up, because of the bubble they looked like safe loans. Plus we were told by Bush and even talk radio show hosts (and most others) that the bubble was real, that it was real economic growth. So easy requirements and temporary cheap money fed each other and the bubble

51 posted on 05/18/2009 5:23:43 AM PDT by sickoflibs (Obama /Pelosi/Bush Theme : "A dollar borrowed or printed is a dollar earned!")
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To: sickoflibs

You’re one sick son of a bitch!


52 posted on 05/18/2009 5:41:22 AM PDT by dalereed
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To: dalereed

RE :”You’re one sick son of a bitch!”

I am guessing that last part you dont like, but it’s true. The time for the simple-ton contradictory talking points is over, they lost two elections.


53 posted on 05/18/2009 5:47:25 AM PDT by sickoflibs (Obama /Pelosi/Bush Theme : "A dollar borrowed or printed is a dollar earned!")
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To: sickoflibs

Anyone thay lives on borrowed money should lose everything they have!

If you can’t pay for it you don’t need it.

When we bought our home you eitherf put down 20% and had income that your payments, insurance, and taxes didn’t exceed 30% of uour take home income.

If those standards had been adhered to there would have been no housing bubble and 50% of the deadbeats that bought or refinanced in the last 10 plus years wouldn’t be squating on real estate today!

I’m hoping that we actually go into a depression worse than 29 and waste everyone that is living on credit!

Either earn and pay your life or quit taking up space on this planet.


54 posted on 05/18/2009 6:00:13 AM PDT by dalereed
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To: Southack; sickoflibs; rabscuttle385

55 posted on 05/18/2009 6:37:44 AM PDT by ding_dong_daddy_from_dumas (Obama's multi- trillion dollar agenda would be a "man caused disaster")
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To: ding_dong_daddy_from_dumas; Southack; rabscuttle385; calcowgirl; Cheetahcat; supremedoctrine; ...
LOL. I can always count on you to post a relevent picture!

Bush/McCain brilliant strategy: “Hey, if we call the $2,000 naturalization fee “a fine” we can claim it's not amnesty, even though stupid immigrants that actually follow the rules pay that too but have to wait 8 years to get a green card and we just reward illegals WITH a immediate pass for breaking the law.
By changing term 'fee' to 'fine' our robots can call all our critics liars!

OK Southack, I will save you some typing :
"Your Bush lies make me sick. I spit on your traitorous lies. That's all you do is lie, lie and repeat your lies. Liar, liar pants on fire. You disgust me with your lies. Lies, lies , lies."

56 posted on 05/18/2009 7:00:54 AM PDT by sickoflibs (Obama /Pelosi/Bush Theme : "A dollar borrowed or printed is a dollar earned!")
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To: dennisw
RE :”I despise Greenspan but I think part of the reason for low interest rates was to goose the economy to accommodate the Iraq war and the massive expansion of government spending fostered by Democrats and Republicans.

Thanks for thoughtful comment. It gave the illusion that the invasion +reconstruction were free, paid for by tax cuts (all that real economic growth) . This is still repeated on Rush, Hannity and Levin today . These guys have to know better.

Ironically Reagan/Carter/Volker made money sound again after 1970s disaster and Bush/Greenspan reversed this and now talk radio must ignore history to keep their narrative about Bush tax cuts.

57 posted on 05/18/2009 7:17:57 AM PDT by sickoflibs (Obama /Pelosi/Bush Theme : "A dollar borrowed or printed is a dollar earned!")
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To: sickoflibs

You need competent mental help. Stat.


58 posted on 05/18/2009 7:58:06 AM PDT by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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To: Southack

RE :”You need competent mental help. Stat.’

You are amusing.


59 posted on 05/18/2009 8:17:21 AM PDT by sickoflibs (Obama /Pelosi/Bush Theme : "A dollar borrowed or printed is a dollar earned!")
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To: sickoflibs
“Bush/McCain brilliant strategy: “Hey, if we call the $2,000 naturalization fee “a fine” we can claim it's not amnesty, even though stupid immigrants that actually follow the rules pay that too but have to wait 8 years to get a green card and we just reward illegals WITH a immediate pass for breaking the law.
By changing term ‘fee’ to ‘fine’ our robots can call all our critics liars!”

OK Southack, I will save you some typing :
“Your Bush lies make me sick. I spit on your traitorous lies. That's all you do is lie, lie and repeat your lies. Liar, liar pants on fire. You disgust me with your lies. Lies, lies , lies.”

Where is the fence? Ole Turd was supposed to build?

60 posted on 05/18/2009 8:27:01 AM PDT by Cheetahcat (Osamabama Wright kind of Racist! We are in a state of War with Democrats)
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