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    Originally posted by Unregistered View Post
    Hey Dummy, that massive dip occurred on Shrub's watch.
    Large part of the drop was due to expectations that BO would win. Market tanked the day after he was elected. Largest drop in history of presidential elections.

    P.S, 2007 dip was also caused almost entirely on the sub prime mortgage crises. We can thank the Dems for that one. Specifically Barney Frank and the boys. Social engineering run amok.

    Comment


      Originally posted by Unregistered View Post
      Large part of the drop was due to expectations that BO would win. Market tanked the day after he was elected. Largest drop in history of presidential elections.

      P.S, 2007 dip was also caused almost entirely on the sub prime mortgage crises. We can thank the Dems for that one. Specifically Barney Frank and the boys. Social engineering run amok.
      Lol! Nutter logic.
      If only shrub could have served a 3rd term everything would have been just fine.

      Comment


        Remind us all again exactly how Frank engineered the crash. I want everyone to see nutter logic at work.

        Comment


          Originally posted by Unregistered View Post
          Lol! Nutter logic.
          If only shrub could have served a 3rd term everything would have been just fine.
          Market dropped 5% or 500 points following the 2008 election.

          Market dropped 2.5% after 2012.

          Comment


            Originally posted by Unregistered View Post
            Remind us all again exactly how Frank engineered the crash. I want everyone to see nutter logic at work.
            I will let the Globe speak for me......

            http://archive.boston.com/bostonglob...ancial_fiasco/

            Comment


              Originally posted by Unregistered View Post
              Market dropped 5% or 500 points following the 2008 election.

              Market dropped 2.5% after 2012.
              Hey Nutter. Explain this...

              https://preview.ibb.co/k7tv9v/IMG_5525.jpg

              Comment


                Originally posted by Unregistered View Post
                Remind us all again exactly how Frank engineered the crash. I want everyone to see nutter logic at work.
                This is the meat of the article because the lefties tend to recoil at the mere presence of a factual argument....

                The roots of this crisis go back to the Carter administration. That was when government officials, egged on by left-wing activists, began accusing mortgage lenders of racism and "redlining" because urban blacks were being denied mortgages at a higher rate than suburban whites.

                The pressure to make more loans to minorities (read: to borrowers with weak credit histories) became relentless. Congress passed the Community Reinvestment Act, empowering regulators to punish banks that failed to "meet the credit needs" of "low-income, minority, and distressed neighborhoods." Lenders responded by loosening their underwriting standards and making increasingly shoddy loans. The two government-chartered mortgage finance firms, Fannie Mae and Freddie Mac, encouraged this "subprime" lending by authorizing ever more "flexible" criteria by which high-risk borrowers could be qualified for home loans, and then buying up the questionable mortgages that ensued.

                All this was justified as a means of increasing homeownership among minorities and the poor. Affirmative-action policies trumped sound business practices. A manual issued by the Federal Reserve Bank of Boston advised mortgage lenders to disregard financial common sense. "Lack of credit history should not be seen as a negative factor," the Fed's guidelines instructed. Lenders were directed to accept welfare payments and unemployment benefits as "valid income sources" to qualify for a mortgage. Failure to comply could mean a lawsuit.

                This was in the GLOBE! Not the Herald, not the WSJ, The freakin GLOBE!

                Comment


                  Originally posted by Unregistered View Post
                  I will let the Globe speak for me......

                  http://archive.boston.com/bostonglob...ancial_fiasco/
                  You mean let Jacoby explain it for you.

                  Frank wasn't in control of any committee when he was saying Mae and Mac were in good shape. The Cons controlled everything at the time...Senate, House, and White House. Just another example of Cons trying to shift blame for their poor governance onto someone else. When will they ever take responsibility?

                  Comment


                    It's as if the 12 years of Bush and the 8 years of Reagan never happened. Nutters. Lol.

                    Comment


                      Originally posted by Unregistered View Post
                      Hey Nutter. Explain this...

                      https://preview.ibb.co/k7tv9v/IMG_5525.jpg
                      Other one was a bit grainy. Here's a better look at it. Reagan did ok. All other recent Con prez's sucked. Trump will too when the "big, fat, ugly bubble" bursts. Good thing he's hyping it so much. Of course it will be someone else's fault when it does.


                      https://preview.ibb.co/hkLspv/IMG_5524.jpg

                      Comment


                        Talking soccer

                        Originally posted by Unregistered View Post
                        The rise in the stock market under Obama was when there was numerous adjustments by printing money ( QE ). As that was happening , 7 million people were added to Medicaid, 10 million more people to SNAP , and at least $ 7 Trillion added to the National Debt. Let's not forget Cash for Clunkers. And the $ 1 Trillion " shovel ready " bamboozle.
                        That's the Obama Economic Legacy.
                        I'm loving this response. Shows the denial and therefore how sweet this will all be for us libs

                        Hey nutters ....looks like trump groveled like a beeyotch in that call with Nieto in Jan ...

                        President Trump made building a wall along the southern U.S. border and forcing Mexico to pay for it core pledges of his campaign.

                        But in his first White House call with Mexico’s president, Trump described his vow to charge Mexico as a growing political problem, pressuring the Mexican leader to stop saying publicly that his government would never pay.

                        “You cannot say that to the press,” Trump said repeatedly, according to a transcript of the Jan. 27 call obtained by The Washington Post. Trump made clear that he realized the funding would have to come from other sources but threatened to cut off contact if Mexican President Enrique Peńa Nieto continued to make defiant statements.

                        The funding “will work out in the formula somehow,” Trump said, adding later that “it will come out in the wash, and that is okay.”[b] But “if you are going to say that Mexico is not going to pay for the wall, then I do not want to meet with you guys anymore because I cannot live with that.”[/ b]

                        He described the wall as “the least important thing we are talking about, but politically this might be the most important.”

                        The heated exchange came during back-to-back days of calls that Trump held with foreign leaders a week after taking office. The Post has obtained transcripts of Trump’s talks with Peńa Nieto and Australian Prime Minister Malcolm Turnbull.

                        Produced by White House staff, the documents provide an unfiltered glimpse of Trump’s approach to the diplomatic aspect of his job, subjecting even a close neighbor and long-standing ally to streams of threats and invective as if aimed at U.S. adversaries.
                        How pathetically weak.

                        I hear McMaster NEXT on firing line ....

                        Comment


                          The Jan. 28 call with Turnbull became particularly acrimonious. “I have had it,” Trump erupted after the two argued about an agreement on refugees. “I have been making these calls all day, and this is the most unpleasant call all day.”

                          Before ending the call, Trump noted that at least one of his conversations that day had gone far more smoothly. “Putin was a pleasant call,” Trump said, referring to Russian President Vladi*mir Putin. “This is ridiculous.”

                          The White House declined to comment. An official familiar with both conversations, who refused to speak on the record because the president’s calls have not been declassified, said, “The president is a tough negotiator who is always looking to make the best possible deals for the American people. The United States has many vital interests at stake with Mexico, including stopping the flow of illegal immigration, ending drug cartels’ reach into our communities, increasing border security, renegotiating NAFTA and reducing a massive trade deficit. In every conversation the president has with foreign leaders, he is direct and forceful in his determination to put America and Americans first.”
                          The fact that these call transcripts have been leaked by trumps own executive branch shows some of his OWN people despise him and view him as illegitimate

                          No amount of nutter beating changes that

                          Comment


                            Trump going on 2.5 week vacation?

                            At the current rate, Trump is set to outspend President Obama's total vacation costs for his two terms during his first year in office.
                            Squeeellllll !!!!!

                            Comment


                              Originally posted by Unregistered View Post
                              It's as if the 12 years of Bush and the 8 years of Reagan never happened. Nutters. Lol.
                              Nutters say and do the damnedest things. I no longer try to understand, I just make sure to never get ennured to their capacity for knuckle dragging stupidity and lack of self - awareness

                              Comment


                                Originally posted by Unregistered View Post
                                It's as if the 12 years of Bush and the 8 years of Reagan never happened. Nutters. Lol.
                                It's as if last November never happened!

                                Bwhahahahahahahahahahahahahahahhahahahahahahahahah ah!

                                Comment

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