Posted on 06/24/2011 5:16:26 AM PDT by Kaslin
nearly?
It’s still twitching.
but, their mission is not yet accomplished...
the economy is resembling a giant whale, thrashing and groaning in bloody water as the democrats stand on deck and continue to harpoon it, and the GOP tries to get them to agree to gentlemen’s rules on placement of the deck chairs
Right. I believe Boehner will raise debt ceiling then all h will break loose.
[ the GOP tries to get them to agree to gentlemen’s rules on placement of the deck chairs ]
BUT the TpCaucus is throwing some harpooners overboard..
AND a few deck chair manipulators as well..
And Bush bragged about his home ownership programs for poor minorities with bad credit making it easier for the banks to make risky loans eventually leading to massive forclosures in poor hispanic areas Arizona and Nevada and Florida as well as flipping in those areas. Republicans hands are not clean in this either although neither party gets it right.
It was : Low interest rates by the Fed for an extended period, removal of the down payment requirement, change in capital gains taxes on homes law (encouraging flipping), home ownership promotion for the poor by BOTH(yes) parties, and yes a blind eye by everyone because everyone loves a housing prices bubble party, they just hate the resulting hangover, and then try to fix it with more drinking in the morning.
Don’t forget Jimmy Carter’s law that was passed where banks had to have a certain amount of high risk housing loans !
—bflr—
Interesting imagery you two have used. I guess that would extend to Obama as Ahab, with a burning desire/drive to take down the whale?
JFK wasn’t that popular by the end of November of 1963. The Camelot myth was created after his assassination and he went to Dallas to try to build support for his policies in anticipation of his re-election bid in 1964. Dems HAVE destroyed the economy. Barney Frank and Chris Dodd were largely behind the market crash in 2008. The market was manipulated with the backing of the media to get 0bama elected. It worked and since he was inaugurated in 2009, (we should go back to when the House was overtaken by Dems in 2007), the policies of this regime have been set to destroy the economy.
the white whale, at that
Spend now cut later save government jobs. Boner Plan A.
It is fairly easy to see, now that the talks have collapsed, what the progressive Marxists in government game plan is. They intend to do nothing and then blame republicans. The debt will be serviced, no default will occur, but SS checks will stop, military pay will stop and the entire US media will be calling for Boehner head. If the GOP is smart they will raise the ceiling no strings and move on to the 2012 election. In this PR battle they do not stand a chance.
As Mona said:
In "Reckless Endangerment," Morgenson and Rosner offer considerable censure for reckless bankers, lax rating agencies, captured regulators and unscrupulous businessmen. But the greatest responsibility for the collapse of the housing market and the near "Armageddon" of the American economy belongs to Fannie Mae and Freddie Mac and to the politicians who created and protected them. With a couple of prominent exceptions, the politicians were Democrats claiming to do good for the poor
Once the Democrats had the policies in place, do you think the GOP had anywhere near the power to reverse it?
Literary interpretation can be fun, despite the drudgery my junior-year English teacher in HS tried to make it...:-)
Yeah, whatever happened to Pelosi’ ‘pay-go’ scam anyway?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.