Not renewing Bush tax cuts for the wealthiest, watch that deficit dwindle and become a surplus.
In case you didn't notice, I quoted the text from this link on pg 10 of this thread that shows that even your own link proves how wrong you are about this.
This tells me something very important about partisan hacks like you and beenthere. It tells me that you actually believe the propaganda you've been fed, but you're so thoroughly brainwashed by that propaganda that you didn't even bother reading the Wikipedia article you linked to because you were sure it would prove you right.
I'm not a Democrat or a Republican and I shit on both sides when they're wrong. It's trickier with Democrats because there always seems to be a sliver of truth to their lies. With Republicans, it's much simpler, at least these days. They lie about what the Constitution says, they lie about who the founders were, and they lie about laws and regulations that have been passed. Every time I prove beyond a shadow of a doubt that you guys have been misled, I never get a response. Not from hard core Republicans.
I keep waiting for that day. The day that one of you guys come to the realization that you've been a pawn to advance someone else's agenda. When you decide that you won't be an agent of disinfo to fill someone else's pockets. But that day never comes. You guys just keep on posting your nonsense with conviction hoping to brainwash some other poor guy who's too lazy to read up.
Obama has never been skilled at that. the whole "You didn't build this" thing came from Obama trying to be Elizabeth Warren. Though, I think the only way his speech could be considered weak is by comparing it to Clinton. It was still a much better speech than anything we saw from the RNC. My wife is a lifetime Republican who never voted for a Democrat in her life, and she was persuaded by his speech to vote Obama this time.
You don't think that the speaker had any influence on the writing? and furthermore, half of any speech is how it is delivered. Give me the best speech ever written and put me in front of all those people and you will hear the worst speech of your life.if you wanna suck a dick, suck the speech-writer's dick.
Yeah, it has NOTHING at all to do with poor and predatory lending practices.Fuck Clinton, between him and Carter's "Community Reinvestment Act" AKA give subprime mortgages and credit to people that can't afford it is a huge fucking reason the economy is in a mess.
I think Clinton actually has some responsibility in the subprime mortgage crisis for the reason that althor mentioned: the repeal of Glass Steagall. Also I think that Greenspan and Clinton deregulated the derivative market.For the record, are you claiming the CRA, President Clinton who signed Gramm-Leach-Bliley Act or rewrote parts of the CRA had nothing to do with the sub-prime mortgage crisis?
I think Clinton actually has some responsibility in the subprime mortgage crisis for the reason that althor mentioned: the repeal of Glass Steagall. Also I think that Greenspan and Clinton deregulated the derivative market.
I know the CRA had nothing to do with it.
So your saying, that a pressuring banks to invest money in inner-city area's and Clinton repealing safety nets had nothing to do with the housing bubble? Funny, Clinton marveled how well CRA exploded under him, 85% increase he said. Now CRA isn't fully to blame, but is part of the bubble. The little Glass-Steagall act was a fucking train wreck on top, this bullshit about Bush causing this problem is getting old, when it was liberal acts that got us in this fucking mess and every way you look at it, you have Barny Franks hand in the shit. I also assume Fannie and Freddie had nothing to do with this also correct? We don't to point directly at the problem do we? It looks a bit liberal when you do.I think Clinton actually has some responsibility in the subprime mortgage crisis for the reason that althor mentioned: the repeal of Glass Steagall. Also I think that Greenspan and Clinton deregulated the derivative market.
I know the CRA had nothing to do with it.
You have become an idiot Canndo, thinking CRA had nothing to do with the housing bubble.Beenthere was fed and ate the lies about the CRA
It was a fake economic boom....everything was fine and dandy till the housing bubble burst. Dems and Republicans are both to blame.So could one make the argument Bill Clinton just signed republican bills into law, therefore the economy boomed because of who wrote the bills rather than who signed them?
LOL!! Not the 2 party system but the overarching buracracy that grows in spite of what every country has ever tried to do to beat it back.It was a fake economic boom....everything was fine and dandy till the housing bubble burst. Dems and Republicans are both to blame.
We should fight together, not against each other. The two party system is destroying progress
only one problem, socky mcsockdouchefistuptheass.So your saying, that a pressuring banks to invest money in inner-city area's and Clinton repealing safety nets had nothing to do with the housing bubble? Funny, Clinton marveled how well CRA exploded under him, 85% increase he said. Now CRA isn't fully to blame, but is part of the bubble. The little Glass-Steagall act was a fucking train wreck on top, this bullshit about Bush causing this problem is getting old, when it was liberal acts that got us in this fucking mess and every way you look at it, you have Barny Franks hand in the shit. I also assume Fannie and Freddie had nothing to do with this also correct? We don't to point directly at the problem do we? It looks a bit liberal when you do.
funny how you now want to talk about the constitution. you shat all over that thing in the debates about arizona's unconstitutional laws and PA's unconstitutional poll tax.LOL!! Not the 2 party system but the overarching buracracy that grows in spite of what every country has ever tried to do to beat it back.
The constitution is a document specifically limiting the power of the federal government. I dont know how much clearer they could be by stating categorically that any powers not specifically enumerated in the constitution were left to the states. Somehow, lawyers, lobbiests and politicians have managed to interpret one clause in the constitution to somehow negate that function and through the trade clause allow the federal government to run our lives, run up hundreds of thousands of dollars per debt for each household and throw us off a fiscal cliff we have no way of recovering from.
All I'm saying is the CRA had nothing to do with it. Even your own link says that. No bank made a single bad loan because of the CRA. As your link pointed out, only 20% of the institutions that gave out the loans were fully regulated by the CRA. 30% were partially regulated by it and 50% were completely exempt from it. There just aren't any numbers supporting the theory that the CRA played a part.So your saying, that a pressuring banks to invest money in inner-city area's and Clinton repealing safety nets had nothing to do with the housing bubble? Funny, Clinton marveled how well CRA exploded under him, 85% increase he said. Now CRA isn't fully to blame, but is part of the bubble. The little Glass-Steagall act was a fucking train wreck on top, this bullshit about Bush causing this problem is getting old, when it was liberal acts that got us in this fucking mess and every way you look at it, you have Barny Franks hand in the shit. I also assume Fannie and Freddie had nothing to do with this also correct? We don't to point directly at the problem do we? It looks a bit liberal when you do.
Even your own link supports him!You have become an idiot Canndo, thinking CRA had nothing to do with the housing bubble.