RE: Harry Reid: 'I had nothing to do with' bad economy... (Full Version)

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pahunkboy -> RE: Harry Reid: 'I had nothing to do with' bad economy... (9/7/2010 6:54:57 PM)

How will we know if we return to the Bush policies?


I mean- how can we tell between then and now?



servantforuse -> RE: Harry Reid: 'I had nothing to do with' bad economy... (9/7/2010 7:00:20 PM)

Not much if anything will change when the republicans take the house in November. Obama will veto everything they might want passed. Gridlock is good as it puts an end to more needless stimulus borrowing.



pahunkboy -> RE: Harry Reid: 'I had nothing to do with' bad economy... (9/7/2010 7:02:59 PM)

gridlock?


that IS a step up.  consider how nearly every piece of legislation is SLOPPY.

we need gridlock.



Marini -> RE: Harry Reid: 'I had nothing to do with' bad economy... (9/7/2010 7:55:19 PM)

quote:

ORIGINAL: Politesub53

quote:

ORIGINAL: willbeurdaddy

Nobody gets a complete pass, but the Democrat controlled Congress and committees control the agenda, not the POTUS.


So the senate majority before 2007 get the blame for what took place on their watch ?  Either way, most of the road to ruin was already in motion way before 2007. You can trace it back to Regan relaxing banking controls and Clinton not doing much about reinstating them either.


You can ALWAYS trace a lot of crap, including this current economic nightmare back to Reagan.
Thank you PoliteSub, let's get down to business.

BOTH parties are to blame for creating, fostering, and allowing policies that would cause so many of its citizens hardships, and the economic trainwreck that most can see coming down the road.



rulemylife -> RE: Harry Reid: 'I had nothing to do with' bad economy... (9/7/2010 8:02:00 PM)

quote:

ORIGINAL: willbeurdaddy


quote:

ORIGINAL: Politesub53

quote:

ORIGINAL: willbeurdaddy

Nobody gets a complete pass, but the Democrat controlled Congress and committees control the agenda, not the POTUS.


So the senate majority before 2007 get the blame for what took place on their watch ?  Either way, most of the road to ruin was already in motion way before 2007. You can trace it back to Regan relaxing banking controls and Clinton not doing much about reinstating them either.


As has been said many times, there are many moving parts that contributed to the current financial crisis, but the proximate causes can clearly be laid at the feet of Dem controlled Congresses.


No shit?

You mean the Democrats that took over Congress in 2007 managed to ruin the economy practically instantaneously after years of GOP control?

Imagine that! 

I always learn so many new and fascinating facts from you Willbeur.



tazzygirl -> RE: Harry Reid: 'I had nothing to do with' bad economy... (9/7/2010 8:03:57 PM)

quote:

The Dems have been in charge since 2006


Ahem... 2007. They dont take office until the Jan following the elections.



DomKen -> RE: Harry Reid: 'I had nothing to do with' bad economy... (9/7/2010 10:47:23 PM)


quote:

ORIGINAL: willbeurdaddy


quote:

ORIGINAL: Politesub53

quote:

ORIGINAL: willbeurdaddy

I guess he was an absentee SML for the last two years of the Bush administration.


So it was Bush`s fault ?  Or does GW get a pass and the Senate carry the can ?


Nobody gets a complete pass, but the Democrat controlled Congress and committees control the agenda, not the POTUS.

The housing bubble peaked in 2005. Before the 2006 election and therefore before the Democrats controlled either house. Please stop trying to make up your own facts.



tazzygirl -> RE: Harry Reid: 'I had nothing to do with' bad economy... (9/7/2010 10:53:44 PM)

~FR

The One Hundred Tenth United States Congress was the meeting of the legislative branch of the United States federal government, between January 3, 2007, and January 3, 2009, during the last two years of the second term of President George W. Bush. It was composed of the Senate and the House of Representatives. The apportionment of seats in the House was based on the 2000 U.S. census.

The Democratic Party controlled a majority in both chambers for the first time since the end of the 103rd Congress in 1995. Although the Democrats held fewer than 50 Senate seats, they had an operational majority because the two independent senators caucused with the Democrats for organizational purposes. No Democratic-held seats had fallen to the Republican Party in the 2006 elections.[2] Democrat Nancy Pelosi became the first woman Speaker of the House.[3] The House also received the first Muslims[4][5] and Buddhists[6] in Congress.
http://en.wikipedia.org/wiki/110th_United_States_Congress

Just to clear up the silly misconception that Democrats held power before 2007.



pahunkboy -> RE: Harry Reid: 'I had nothing to do with' bad economy... (9/8/2010 7:14:50 AM)

So- he had nothing to do with TARP?



brokedickdog -> RE: Harry Reid: 'I had nothing to do with' bad economy... (9/8/2010 7:28:39 AM)

You've misspelled that pahunk. It is "TRAP."



domiguy -> RE: Harry Reid: 'I had nothing to do with' bad economy... (9/8/2010 8:41:56 AM)


quote:

ORIGINAL: popeye1250


quote:

ORIGINAL: pahunkboy

Harry Reid: 'I had nothing to do with' bad economy...

well-   isnt that interesting.




PaHunk, yes, isn't it?
The Dems have been in charge since 2006 and Harry Reid has been in office for how many decades now and he doesn't know how we got into so much debt?



You have to remember that popeye is a complete idiot. He only gets his facts from the end of Howie Carr's dick.



Archer -> RE: Harry Reid: 'I had nothing to do with' bad economy... (9/8/2010 12:29:07 PM)

Well lets see Democrats have controlled the House for about 45 of the past 55 years, the Republicans had their little 10 year run. Otherwise it's been a Democrat held body.

The Senate, they shift more often but again the Republicans have controlled it far less often than the Democrats in the years since 1945.

Here's the chart

http://uspolitics.about.com/od/usgovernment/l/bl_party_division_2.htm

Now as to Ried's claim that he's not responsible, Well he can either claim the recod of achievement or he can deny responsibility, but he can't do both.
Since he has been Senate Majority Leader, I find it impossible to deny he's had a hand in creating the mess.



Jeffff -> RE: Harry Reid: 'I had nothing to do with' bad economy... (9/8/2010 12:41:17 PM)

It seems to me the facts haven't mattered for quite some time.

Perception is king now. Who knows who will be swayed buy empty statements and snappy
sound bites.



DomKen -> RE: Harry Reid: 'I had nothing to do with' bad economy... (9/8/2010 1:32:06 PM)


quote:

ORIGINAL: Archer

Well lets see Democrats have controlled the House for about 45 of the past 55 years, the Republicans had their little 10 year run. Otherwise it's been a Democrat held body.

The Senate, they shift more often but again the Republicans have controlled it far less often than the Democrats in the years since 1945.

Here's the chart

http://uspolitics.about.com/od/usgovernment/l/bl_party_division_2.htm

Now as to Ried's claim that he's not responsible, Well he can either claim the recod of achievement or he can deny responsibility, but he can't do both.
Since he has been Senate Majority Leader, I find it impossible to deny he's had a hand in creating the mess.


Has there been a sudden spate of people defaulting on mortage loans obtained prior to 1994?

Any way you add thing sup the housing bubble occured while the GOP was in control of both houses and the worst of it occured while the GOP controlled the executive branch as well.



pahunkboy -> RE: Harry Reid: 'I had nothing to do with' bad economy... (9/8/2010 2:00:26 PM)

I bet he is lousy in bed.

Terrible in bed.



popeye1250 -> RE: Harry Reid: 'I had nothing to do with' bad economy... (9/8/2010 2:07:51 PM)


quote:

ORIGINAL: pahunkboy

So- he had nothing to do with TARP?


PaHunk, his arrogance knows no bounds.
I'm sure he'd tell you with a straight face that he, "had nothing to do" with bailing out General Motors or big banks, or big pharma, or brokerage houses or,.....



Archer -> RE: Harry Reid: 'I had nothing to do with' bad economy... (9/8/2010 2:13:31 PM)

DomKen nice try but the point of my posting who's been in charge was to give some perspective, people were cioting 10 years of control by Republicans like it was a century or something and as if the Democrats had been so put out and so uninvolved in creating the conditions that lead to today.

not only the Fannie Mae and Freddie Mac problems but also deficit spending, and other government effects on the economy.

As I said Reid was either an active part of why things got bad or he was asleep at the wheel.
He can't hide behind the It wasn't me idea when he has been Majority Leader for that many years. He wasn't just along for the ride, he was a LEADER. and the attempts to cast himself as a victim of circumstance just makes me laugh. Almost as hard as I laugh at you trying to defend him.












popeye1250 -> RE: Harry Reid: 'I had nothing to do with' bad economy... (9/8/2010 2:38:20 PM)


quote:

ORIGINAL: Archer

DomKen nice try but the point of my posting who's been in charge was to give some perspective, people were cioting 10 years of control by Republicans like it was a century or something and as if the Democrats had been so put out and so uninvolved in creating the conditions that lead to today.

not only the Fannie Mae and Freddie Mac problems but also deficit spending, and other government effects on the economy.

As I said Reid was either an active part of why things got bad or he was asleep at the wheel.
He can't hide behind the It wasn't me idea when he has been Majority Leader for that many years. He wasn't just along for the ride, he was a LEADER. and the attempts to cast himself as a victim of circumstance just makes me laugh. Almost as hard as I laugh at you trying to defend him.

Archer, well said.
And try and find a Democrat who's running for re-election who'll come out and say they voted for the Healthcare Bill!
"Not me!" "I didn't do it!"













willbeurdaddy -> RE: Harry Reid: 'I had nothing to do with' bad economy... (9/8/2010 2:54:18 PM)

quote:

ORIGINAL: DomKen


quote:

ORIGINAL: willbeurdaddy


quote:

ORIGINAL: Politesub53

quote:

ORIGINAL: willbeurdaddy

I guess he was an absentee SML for the last two years of the Bush administration.


So it was Bush`s fault ?  Or does GW get a pass and the Senate carry the can ?


Nobody gets a complete pass, but the Democrat controlled Congress and committees control the agenda, not the POTUS.

The housing bubble peaked in 2005. Before the 2006 election and therefore before the Democrats controlled either house. Please stop trying to make up your own facts.


Nice try, but wrong yet again. The decline in prices started in 2006, and didnt really take off until 2007. More importantly most of the bad paper was issued in 2006 and 2007, when the Dems blocked Bush's efforts to rein in Fannie/Freddie and the banks.



Politesub53 -> RE: Harry Reid: 'I had nothing to do with' bad economy... (9/8/2010 4:37:18 PM)

quote:

ORIGINAL: willbeurdaddy

quote:

ORIGINAL: DomKen

The housing bubble peaked in 2005. Before the 2006 election and therefore before the Democrats controlled either house. Please stop trying to make up your own facts.


Nice try, but wrong yet again. The decline in prices started in 2006, and didnt really take off until 2007. More importantly most of the bad paper was issued in 2006 and 2007, when the Dems blocked Bush's efforts to rein in Fannie/Freddie and the banks.


Ken is correct house prices peaked in 2005, the decline started in 2006 but that doesnt make Ken wrong, does it.

Bush encouraged both companies to lend to more people, including those with poor credit. I dont see how he cant take some of the blame.

http://www.youtube.com/watch?v=GkAtUq0OJ68



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