Have you noticed a recent lack of Republicans posting “how great the economy is?”?
by Mortgage Rates on Sunday, October 3rd, 2010 | 10 Comments
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They are all busy pulling out their investments and putting in cold hard real gold!
As we all should
Another reason to never believe any republican.
Update:: found one who thinks bush kickstarted the economy.
Search for this question. – - “Do you think George bush is a good president?”
look for G-man. Just dont believe him.
Another update:: rukidding “but the economy isnt as bad as you’d hope”. lmfao
No, I haven’t, but the economy isn’t as bad as you’d hope.
Blame Clinton. He basically told the banking industry that it was ok to make subprime loans. He also allowed the loans to be sold to the U.S. government’s home loan division.
Clinton Allowed The Government To Enter The Subprime Mortgage Business. Freddie Mac is one of the largest mortgage lenders in the world.
“”Freddie Mac, one of the primary government-sponsored enterprises involved in the purchase of mortgages, recently announced plans to enter the secondary market in subprime loans by purchasing significant numbers of “A minus” subprime mortgages by 1998 and the higher-risk “B and C” loans by 1999.(20) ”
http://www.ftc.gov/os/1998/03/grass5.htm
The report was generated in 1998.
Quote”Prepared Statement of the
Federal Trade Commission”
http://www.ftc.gov = Federal Trade Commission.
It’s fine. It’s not Bush’s fault the dumbass banks gave loans to people they shouldn’t. The economy will recover and is. Or perhaps you would like the government to regulate our economy and ruin the free market system.
Man! And to think I thought Congress made laws and controlled the public purse strings!
I am so glad that I was wrong and that the President can Tell Congress to implement all of his plans now with all the funding needed. I am sure Nancy Pelosi is ready to hop right on that!
Thanks for clearing that up!
Again the government is responsible for bailing people out who are in over their heads.
Are you a homeowner, Blue? If not, have you shopped or been in the market for one in the last couple of years? I have. Let’s say you earn $50K a year, for example; would you buy a house for $400K? There are factors you are LEAVING OUT.
Yes but no lack of blame on various types of women and people with opposing political views. It couldn’t possibly be unaffordable housing, health insurance, uncounted unemployment and some people’s insistance that minimum wage hurts business (as opposed to unaffordable rent or whatever).
What? NO! The economy is great! Oil companies can still make record profits! Weapons are still being cranked out for good profits… Oh, wait, did you mean YOUR economy? ROFL! Sorry about your luck! Who said we cared about YOUR economy?
I sincerely hope you are not suggesting that even the Repugnants have finally figured out that the economy is on its Ass. Do you think their powers of denial are so week?
Jim D