quote:

ORIGINAL: heavyblinker

quote:

ORIGINAL: Nnanji
Once you've understood what actually happened and shown enough knowledge to discuss this you can ask all of the stupid leading questions you wish. In the mean time make declarative statements and take my statements as a whole rather than trying to cherry pick and bait me.

I was cherry picking because I quoted you saying that the Dems intentionally crashed the economy?
Sorry, I guess I just got excited because it was my favorite part.

I get that you're desperate to hold the Democrats entirely responsible but I think you're alluding to more than incompetence as the cause. It seems there was a deliberate plot involved both before and after the crash. This rabbit hole must go deeper than brainwashed sheeple like me could ever comprehend... especially since all we do is watch MSNBC, worship Hillary and angrily accuse people of being racists.

I might point out that Barney Frank himself disagrees with your version of the story, not that you would ever take him at his word:

http://democrats.financialservices.house.gov/news/documentsingle.aspx?DocumentID=382689

But seriously, why is it that every time a crisis occurs, the RWNJs are right there with a conspiracy theory to explain it all as being the product of insidious, predatory minds? Is it totally beyond the scope of reason to suggest that maybe the real problem was simply yet another tremendous failure to communicate? Or that competent people make mistakes due to their own deep-rooted ideological beliefs? Why does it always have to come back to 'these evil government sociopaths are trying to ruin our lives for their own personal gain'? Why can't we simply admit that sometimes our ideologies fail us or blind us to the truth, despite our good intentions?

I highly doubt that the government or any one political party is comprised almost exclusively of soulless predators. Even Trump is an egomaniac who probably only became fascist due to a lack of self-awareness... I mean, he has already admitted that he hates to read books and most of what he says has been gleaned from the same backwards trash that gets endlessly regurgitated on boards like these in discussions like this. He probably just thinks the presidency will get him laid, and his immaturity and incompetence is dangerous, but I don't think his main goal is to destroy America. The fact that he probably will is beside the point. And risking the continued prosperity of America and its values is pretty much what you're accusing the Dems of if you seriously think they would intentionally crash the economy.

Most politicians want the economy to succeed and America to be great... if only because success is easier to turn into votes and being corrupt puts you at a risk of being caught, and being immature means you won't last long. The GOP (not Trump) dreams of a return to the glory days of Reagan, the Dems want FDR or possibly some variant of European-style socialism... sure they bend the rules in pursuit of their goals, but mostly because they feel that they can do good things for the country. Of course there are idiots in every field, but for the majority the issue isn't whether or not they're all slimy inhuman monsters or noble defenders of human righteousness, it's whether or not what they believe is right is good or bad for the country.

If you're actually interested in unity, you should be a little more diplomatic and stop filling your head with paranoid bullshit.

quote:

ORIGINAL: Nnanji

The economy crash has been argued here for ever. It was caused by banking rule changes made by Carter and Clinton.

quote:

ORIGINAL: Nnanji
I agree with you that it wasn't a soulless predatory minds. The democrats wanted to fix redlining in the banking industry. So they made it easier to get a mortgage. Thousands of years of banking practice thrown out because of liberal belief that the government can and should fix everything.

quote:

ORIGINAL: Nnanji
Oh and I'm not filling my head with paranoid bullshit. I live in California and see the bullshit everyday. I see Europe beginning to fail for the same reasons that Venezuela failed, misguided socialist BS and I see portions of the U.S. Ruling class wanting to chase Europe into that failure. Britain got out, I'd like the U.S. To get out as well, including the People's Republic of California.

On the other hand, you don't know me well enough, and aren't smart enough to understand what I fill my head with, so take your own advise please.

quote:

ORIGINAL: Edwird

quote:

ORIGINAL: Nnanji

The economy crash has been argued here for ever. It was caused by banking rule changes made by Carter and Clinton.

Oh, this is so precious.

Let's look at the 'banking rule changes' in question, here:

The Gramm-Leach-Bliley Act, aka the Financial Services Modernization Act. Funny, I'm not seeing either Carter's or Clinton's name here. Did you grow up in a different country, is the spelling that vastly different where you grew up?

In any event, such 'modernization' as dialed back regulation to pre-1929 crash days. No surprise, it worked to same effect in both instances. They would have done just as well in naming it the "Let's Have Another Crash! Act."

But we were talking about Carter and Clinton, right? Not as any consequence to the matter of financial melt-down, but in ever beloved politico perspective.

Republican Rep. Thomas Ewing supposedly introduced the Commodity Futures Act into the House, but that was Phil Gramm's pig all the way. The Reagan mantra of "getting the government off our backs" held to form here, and structured finance was set free to seek and destroy home equity.

Yes, Clinton signed off on that, we all know, but he didn't instigate or write the measures, Republicans did.

And most assuredly, the media knew they could count on mom-obsessed fuckwits like yourself to buy into the unmitigated idiocy of all occurring in result from the aforementioned deregulation as being the fault of some president 30 years ago, his magical time bomb set for 2007, from his office in 1977.

As it turns out, trying to go all H. G. Wells or Austin Powers time travel in contorted purpose to deflect blame from the congressional criminals responsible for this won't save your day.

quote:

ORIGINAL: heavyblinker

quote:

ORIGINAL: Nnanji
I agree with you that it wasn't a soulless predatory minds. The democrats wanted to fix redlining in the banking industry. So they made it easier to get a mortgage. Thousands of years of banking practice thrown out because of liberal belief that the government can and should fix everything.

If that's what you think then why did you say they intentionally crashed the economy before going on about how their buddies made so much money? Why are you talking about 'Solendyne' (do you actually mean Solyndra???) as if it were just a cash grab instead of an earnest attempt to create jobs and YES I ADMIT IT TO PROFIT within the post-Inconvenient Truth next-big-thing alternative energy movement? Do you not realize that making money and starting businesses involves taking risks that sometimes do not pay off?

You were clearly hinting at a conspiracy to use the market crash to transfer wealth to left-wing causes... and if this wasn't your point, then why were you bringing up all of this shit about profiting from the crash? I was asking if the Dems intentionally caused the crash, you said they did, and started giving what sounded like reasons that they probably did it. But apparently after clearly saying it was done intentionally in post 113, you actually didn't mean them to be taken as such and you were just ranting about things unrelated to the topic at hand because you're angry. Then you actually seemed to say that it was a topic that had been beaten to death and you didn't want to talk about it with a lowly idiot like me, but of course that didn't stop you from ranting about it. I guess I was just supposed to listen to your stupid bullshit and accept that you know better than I do simply because you say so.

I admit, it was confusing because you seem to think that they also caused it through incompetence, but how am I supposed to know just how wonky your mind is? After bumping into people like you all over the internet, such absurd contradictions no longer shock or surprise me, especially since your entire point is 'Democrats are stupid and evil'.

Oh, and I guess every Republican president since Carter has tried and failed to reverse the horrible mistakes of Carter and Clinton, since the GOP leaders are apparently not responsible for them.

Seriously... do you just not know the meaning of the word 'intentionally'? Do you think everyone who doesn't realize that you don't actually mean what you say is stupid? Or were you about to pull out a conspiracy theory before you started backtracking, hoping that no one would notice? Your posts were confusing because you can't communicate properly and your ideas are childike, but of course you're too caught up in the Dunning-Kruger effect to know this, so you attempt to compensate with crude insults while calling yourself intelligent-- ridiculous.

And redlining is about race or ethnicity, not financial standing. There is a difference between denying someone a loan because they are black or Jewish and denying someone a loan because they will never be able to pay it back. How could someone as brilliant as you claim to be possibly fail to understand such a simple distinction?

quote:

ORIGINAL: Nnanji
Oh and I'm not filling my head with paranoid bullshit. I live in California and see the bullshit everyday. I see Europe beginning to fail for the same reasons that Venezuela failed, misguided socialist BS and I see portions of the U.S. Ruling class wanting to chase Europe into that failure. Britain got out, I'd like the U.S. To get out as well, including the People's Republic of California.

On the other hand, you don't know me well enough, and aren't smart enough to understand what I fill my head with, so take your own advise please.

Yes, you hate and fear leftists... I got that... but please spare me the details of your life, if only because they're so boring and predictable. You don't even realize that attacking the worst examples of 'socialism' instead of the best only make you seem less like someone who is interested in understanding politics and more like a dogmatic idiot. Seriously, it's like me saying 'Oh hey look at Bangladesh, I guess capitalism is a total failure and causes only pain and suffering for everyone'.

You've convinced me that you don't seem to have anything coherent to say and it doesn't even seem like you're capable of being honest with yourself, so I'm sure that not knowing you is probably a good thing.

quote:

ORIGINAL: Nnanji

FR

http://www.newtoncitizen.com/opinion/darrell-huckaby-take-a-seat-history-class-is-in-session/article_abf9816a-1604-57e3-ae6b-d4041e18e438.html

quote:

ORIGINAL: heavyblinker

quote:

ORIGINAL: Nnanji
I agree with you that it wasn't a soulless predatory minds. The democrats wanted to fix redlining in the banking industry. So they made it easier to get a mortgage. Thousands of years of banking practice thrown out because of liberal belief that the government can and should fix everything.

If that's what you think then why did you say they intentionally crashed the economy before going on about how their buddies made so much money? Why are you talking about 'Solendyne' (do you actually mean Solyndra???) as if it were just a cash grab instead of an earnest attempt to create jobs and YES I ADMIT IT TO PROFIT within the post-Inconvenient Truth next-big-thing alternative energy movement? Do you not realize that making money and starting businesses involves taking risks that sometimes do not pay off?

You were clearly hinting at a conspiracy to use the market crash to transfer wealth to left-wing causes... and if this wasn't your point, then why were you bringing up all of this shit about profiting from the crash? I was asking if the Dems intentionally caused the crash, you said they did, and started giving what sounded like reasons that they probably did it. But apparently after clearly saying it was done intentionally in post 113, you actually didn't mean them to be taken as such and you were just ranting about things unrelated to the topic at hand because you're angry. Then you actually seemed to say that it was a topic that had been beaten to death and you didn't want to talk about it with a lowly idiot like me, but of course that didn't stop you from ranting about it. I guess I was just supposed to listen to your stupid bullshit and accept that you know better than I do simply because you say so.

I admit, it was confusing because you seem to think that they also caused it through incompetence, but how am I supposed to know just how wonky your mind is? After bumping into people like you all over the internet, such absurd contradictions no longer shock or surprise me, especially since your entire point is 'Democrats are stupid and evil'.

Oh, and I guess every Republican president since Carter has tried and failed to reverse the horrible mistakes of Carter and Clinton, since the GOP leaders are apparently not responsible for them.

Seriously... do you just not know the meaning of the word 'intentionally'? Do you think everyone who doesn't realize that you don't actually mean what you say is stupid? Or were you about to pull out a conspiracy theory before you started backtracking, hoping that no one would notice? Your posts were confusing because you can't communicate properly and your ideas are childike, but of course you're too caught up in the Dunning-Kruger effect to know this, so you attempt to compensate with crude insults while calling yourself intelligent-- ridiculous.

And redlining is about race or ethnicity, not financial standing. There is a difference between denying someone a loan because they are black or Jewish and denying someone a loan because they will never be able to pay it back. How could someone as brilliant as you claim to be possibly fail to understand such a simple distinction?

quote:

ORIGINAL: Nnanji
Oh and I'm not filling my head with paranoid bullshit. I live in California and see the bullshit everyday. I see Europe beginning to fail for the same reasons that Venezuela failed, misguided socialist BS and I see portions of the U.S. Ruling class wanting to chase Europe into that failure. Britain got out, I'd like the U.S. To get out as well, including the People's Republic of California.

On the other hand, you don't know me well enough, and aren't smart enough to understand what I fill my head with, so take your own advise please.

Yes, you hate and fear leftists... I got that... but please spare me the details of your life, if only because they're so boring and predictable. You don't even realize that attacking the worst examples of 'socialism' instead of the best only make you seem less like someone who is interested in understanding politics and more like a dogmatic idiot. Seriously, it's like me saying 'Oh hey look at Bangladesh, I guess capitalism is a total failure and causes only pain and suffering for everyone'.

You've convinced me that you don't seem to have anything coherent to say and it doesn't even seem like you're capable of being honest with yourself, so I'm sure that not knowing you is probably a good thing.

quote:

ORIGINAL: Nnanji
Eweird, you're an idiot punk. Don't try and sound either tough or smart.

quote:

ORIGINAL: Wayward5oul
Dude, feel better?

quote:

ORIGINAL: BamaD

What really caused it was when the government forced the banks to give minorities loans that they could never pay off. But of course the people filling the market need are the evil ones not the people who gave out loans or the people who pushed them to do so. About the only person who tried to stop this was John McCain and he was branded as a racist for doing so.

quote:

ORIGINAL: LadyDemura

quote:

ORIGINAL: BamaD

What really caused it was when the government forced the banks to give minorities loans that they could never pay off. But of course the people filling the market need are the evil ones not the people who gave out loans or the people who pushed them to do so. About the only person who tried to stop this was John McCain and he was branded as a racist for doing so.

They went with this, and it worked, for awhile, because housing prices continued to go up. It didn't matter if they could never pay off if the overall value of the property continued to go up. That they built too many units was why the prices started to go down, but even then they still didn't stop building, thinking it was just a momentary downturn.

I'm not actually denying what you said was a factor, but it wasn't what caused the crash, just part of what caused the bubble. If the builders and banks hadn't gotten too greedy and overbuilt, it wouldn't have caused the great recession like it did, though many of those mortgages would have still ended in foreclosure. The crisis was that with the falling prices from overbuilt supply, foreclosing on those properties cost the banks money, rather than gaining them money, or just getting their money back, like they would have had the prices kept going up or stayed flat.

quote:

ORIGINAL: popeye1250

The Democrats haven't been this pissed off since the Republicans took their slaves away.

quote:

ORIGINAL: BamaD

quote:

ORIGINAL: popeye1250

The Democrats haven't been this pissed off since the Republicans took their slaves away.

How many mayors have already stated that they are going to defy the law and maintain sanctuary status?