Read my link in #23. It lays out the entire banking crisis timeline and names the persons responsible. BOTH parties participated in the mortgage crisis and your friend Barney Frank was in it up to his fetlocks. I remember that pompous fat ass dancing like a finger puppet on national TV. He got caught and bailed, we got stuck.
Here it is again in case you are too lazy to scroll.
The tax cut for the wealthy will allow them to further bribe the Congress and get even more. They expect a Return On Investment and get it. This is Fascism in warp speed. You right wing trolls voted for and support it.
Bush was president for 7 years + when the 2007 crash started and you trolls want to blame the Democrats. Why do Republicans not take responsibilty for anything. Tax cuts and Defense spending were the real culbrits. Now the Fascist Republican Party is doing it again.
One deep and important reason why no one is asking the question of what happens when billionaire's install their own government is tied to the actions of Thommmmm Hartmannnn and company via their redirect ofcurious and thinking people's questions about the moment when the billionaires engineered the installation in the face of positive, popular public concern, growing public inclusion in politics, potential investigative media, and sociopolitical opposition: the coup of1963, the moment when private burueacratic interest overpowered public office in American politics. It wasn't the mafia, Thomm. But you own the hamster wheel, now.
We are already a de facto Oligarchy; a neo-fascist plutocracy complete with a growing survalliance state. We have the security state. We have the propaganda state. We have the politcal (albeit divided into two wings) and economic state. We have a divided population ready for civil war. They've created the problem and have the solution waiting in the wings. Fascism is here. It's just a matter of the fine points.
The Founding Fathers would impeach Trump? Yeah, most likely, but then too they would have impeached Obama and George W Bush too! In fact, if the Founding Fathers could see us now, I serious think they would have just paid that damn tea tax.
DianeR and everyone that responded to my post thank you for your thoughts.
I do recall Dems pushing for loans, I don't know that banks had to, or that they had to bundle...seems they recouped their losses several times over. In my opinon Obama, Clintons and Bushes are of the same policical family.
Legend, Don't even bother to try reasoning with Oh-he eats-shit-2. If these trolls can support child fucking politicians, just to move their warped, greedy, immoral agenda forward, then they are hopeless anyway!!
This fucking pig president of theirs, was just caught tweeting fake videos as a way of validating his nazi fascist, bigoted program...and when caught, all his spokesperson Sarin-gas Huksterscumbag could say is, that its only the point that he was trying to make that mattered.
In other words, facts can never matter to these Trump-bots as long as they can goose-step to their dear leader. No mater how insane, treasonous or criminal he is. And now this shit-head Trump is trying to say that the Access Hollywood tapes are fake, after he has already confessed during his campaign that they were real. He even publicly apologized for what he said on them. Which of course is the only thing that he has ever admitted as a mistake and apologized for.
I did serve in the Army from 1967 to 1969 and I sure as hell didn't serve to support the treasonous assaults on our government by the cabal of anti-democratic, pro fascist, thieving garbage that now stinks up the Republican party.
Hey Thom, it is Richard Uhline(pronounced uline). He is CEO of Uline industries, largest U.S. office supplies company. Extreme right wing nut and yes they give10's of millions to the GOP.
"W caused the problem but it was Obama who decided how to "fix it"." HC
Let's put an end to the myth that W created the economic bust of 2008. The bust was cooked into place a decade before when Pres. Clinton, with the aide of AG Janet Reno forced banks to loan money to people so they could purchase houses. People who were poor and with little or no credit history, or some with bad credit ratings and had no intention of ever repaying the loan were given home mortgages. Referred to as the sub-prime mortgage crisis. AG Reno used her office (DoJ) to pressure the banks to loan the money. The banks, in turn were sitting on bad loans and they knew it. So, they bundled these bad loans together and sold them to Fannie Mae and Freddie Mac along with other unsuspecting customers looking for investment opportunities (unethical maybe but not illegal). When the bills came due, well, everyone knows the rest of the story. GWB warned Congress, more than once, of the dangers. He was ignored and was even criticized for raising the warning flag.
So, to blame GWB for the economic collapse is dishonest. Both parties are to blame for ignoring the warnings but it was the democrats who put the disasterous policy into motion.
Nice writeup HotCoffee. I agree with a lot of what you say but W was in no way totally responsible for the banking crisis. Look toward Barney Frank and Fannie Mae and Freddie Mac's huge contribution to that debacle.
BTW, Kahn academy is a great resource for those that choose to home school.
The "high road" has been washed out by the endless tsunami of rightwing bullshit.
Yes, we keep bouncing back between sanity and insanity. Some would have us believe that the solution is to compromise with insanity. Others believe that divide and lose to insanity is the solution. Hence the pendulum swings.
Being told to be patient while waiting for all the good things to come seems to be the end game for both sides. Keeping us forever hopeful. That's the real plan.
Rick steves
Read my link in #23. It lays out the entire banking crisis timeline and names the persons responsible. BOTH parties participated in the mortgage crisis and your friend Barney Frank was in it up to his fetlocks. I remember that pompous fat ass dancing like a finger puppet on national TV. He got caught and bailed, we got stuck.
Here it is again in case you are too lazy to scroll.
https://www.theatlantic.com/business/archive/2011/12/hey-barney-frank-th...
The tax cut for the wealthy will allow them to further bribe the Congress and get even more. They expect a Return On Investment and get it. This is Fascism in warp speed. You right wing trolls voted for and support it.
Bush was president for 7 years + when the 2007 crash started and you trolls want to blame the Democrats. Why do Republicans not take responsibilty for anything. Tax cuts and Defense spending were the real culbrits. Now the Fascist Republican Party is doing it again.
One deep and important reason why no one is asking the question of what happens when billionaire's install their own government is tied to the actions of Thommmmm Hartmannnn and company via their redirect ofcurious and thinking people's questions about the moment when the billionaires engineered the installation in the face of positive, popular public concern, growing public inclusion in politics, potential investigative media, and sociopolitical opposition: the coup of1963, the moment when private burueacratic interest overpowered public office in American politics. It wasn't the mafia, Thomm. But you own the hamster wheel, now.
We are already a de facto Oligarchy; a neo-fascist plutocracy complete with a growing survalliance state. We have the security state. We have the propaganda state. We have the politcal (albeit divided into two wings) and economic state. We have a divided population ready for civil war. They've created the problem and have the solution waiting in the wings. Fascism is here. It's just a matter of the fine points.
The Founding Fathers would impeach Trump? Yeah, most likely, but then too they would have impeached Obama and George W Bush too! In fact, if the Founding Fathers could see us now, I serious think they would have just paid that damn tea tax.
DianeR and everyone that responded to my post thank you for your thoughts.
I do recall Dems pushing for loans, I don't know that banks had to, or that they had to bundle...seems they recouped their losses several times over. In my opinon Obama, Clintons and Bushes are of the same policical family.
#26 Sources for what????
#22
https://www.bloomberg.com/view/articles/2016-06-22/lending-to-poor-peopl...
https://thinkprogress.org/no-lending-to-poor-people-did-not-cause-the-fi...
https://www.cbsnews.com/news/loans-to-low-income-households-did-not-caus...
Etc. Now where are yours?
I can just see you pacing in your coop pecking frantically at the wire cage door.
If we put you and the road runner on a treadmill we could light a small city.
God Bless you for giving us another Christmas day and what a glorious one it is.
Legend, Don't even bother to try reasoning with Oh-he eats-shit-2. If these trolls can support child fucking politicians, just to move their warped, greedy, immoral agenda forward, then they are hopeless anyway!!
This fucking pig president of theirs, was just caught tweeting fake videos as a way of validating his nazi fascist, bigoted program...and when caught, all his spokesperson Sarin-gas Huksterscumbag could say is, that its only the point that he was trying to make that mattered.
In other words, facts can never matter to these Trump-bots as long as they can goose-step to their dear leader. No mater how insane, treasonous or criminal he is. And now this shit-head Trump is trying to say that the Access Hollywood tapes are fake, after he has already confessed during his campaign that they were real. He even publicly apologized for what he said on them. Which of course is the only thing that he has ever admitted as a mistake and apologized for.
I did serve in the Army from 1967 to 1969 and I sure as hell didn't serve to support the treasonous assaults on our government by the cabal of anti-democratic, pro fascist, thieving garbage that now stinks up the Republican party.
Hey Thom, it is Richard Uhline(pronounced uline). He is CEO of Uline industries, largest U.S. office supplies company. Extreme right wing nut and yes they give10's of millions to the GOP.
If an infinite number of Republicans on an infinite number typewriters can produce a perfect tax plan, what is the lesson we should learn?
We need more monkeys!
One of Thom Hartmann's attributes is his reshaping of history. Everything from Rubio to guns to financial advice with Reagan being his most laughable.
Here is a interesting article that lays out cronologically what led to the banking mortgage crisis. It lays the blame on both parties so you draw your own conclusions. My next door neighbor owns 8 small banks and he will fill you up with regulations that required banks to make loans that they knew had no chance of ever being paid off.
@21 Legend:
"No banks were ever forced to make loans. They were doing it gleefully and as fast as they could."
Source please
Flynn is singing like a canary.
No banks were ever forced to make loans. They were doing it gleefully and as fast as they could.
Correct K2.
W's public statements to congress concerning this issue.
Documented many times but not ever acknowledged by leftie/socialists.
Legend:
You still haven’t told me if it’s your craziness or your stupidity or both that keeps you in the USA, when you see such a wonderful life elsewhere.
"W caused the problem but it was Obama who decided how to "fix it"." HC
Let's put an end to the myth that W created the economic bust of 2008. The bust was cooked into place a decade before when Pres. Clinton, with the aide of AG Janet Reno forced banks to loan money to people so they could purchase houses. People who were poor and with little or no credit history, or some with bad credit ratings and had no intention of ever repaying the loan were given home mortgages. Referred to as the sub-prime mortgage crisis. AG Reno used her office (DoJ) to pressure the banks to loan the money. The banks, in turn were sitting on bad loans and they knew it. So, they bundled these bad loans together and sold them to Fannie Mae and Freddie Mac along with other unsuspecting customers looking for investment opportunities (unethical maybe but not illegal). When the bills came due, well, everyone knows the rest of the story. GWB warned Congress, more than once, of the dangers. He was ignored and was even criticized for raising the warning flag.
So, to blame GWB for the economic collapse is dishonest. Both parties are to blame for ignoring the warnings but it was the democrats who put the disasterous policy into motion.
K2
http://commonsensewonder.blogspot.com/2011/10/remember-janet-reno-threatening-banks.html
https://hotair.com/archives/2011/11/01/bloomberg-to-ows-congress-caused-the-mortgage-crisis-not-the-banks/
https://www.youtube.com/watch?v=6JPraGHh-rM
@#8 Hephaestus, your statement "Keep the peasants ignorant" is correct,
Ignorant peasants are dependent on the government.
Which political party benefits from that demographic?
Nice writeup HotCoffee. I agree with a lot of what you say but W was in no way totally responsible for the banking crisis. Look toward Barney Frank and Fannie Mae and Freddie Mac's huge contribution to that debacle.
BTW, Kahn academy is a great resource for those that choose to home school.
Thanks for the reminder.
The "high road" has been washed out by the endless tsunami of rightwing bullshit.
Yes, we keep bouncing back between sanity and insanity. Some would have us believe that the solution is to compromise with insanity. Others believe that divide and lose to insanity is the solution. Hence the pendulum swings.
You can write better than that OU812. Typical Fascist Republican. The truth has no place in your mind.
Legend:
I'm sorry I told the truth about you. I know how you washed up lefties like to be lied too. I should know better. :))
Being told to be patient while waiting for all the good things to come seems to be the end game for both sides. Keeping us forever hopeful. That's the real plan.