Why don't the libs get mad about banking?

[Jhhnn]

You sir are delusional! First, I have been here a long time. Second, Community
Reinvestment Act (Jimmy Carter) and changes made in 1991 by Bill Clinton that created the housing bubble that GW Bush tried to reign in but idiots like Chuck Shummer(sp) and Barney Frank said were perfectly solvent cause the "Great Recession". PROVE ME WRONG!

And to call Obama anything less than liberal is just ridiculous.

If you want to see delusional, look in a mirror. Your "theories" about the causes of the meltdown have been debunked so many times that it's not worth repeating.

I realize it's convenient to hold beliefs such as your own, but convenient isn't necessarily correct, other than among dittoheads & such. You can't possibly reach valid conclusions laboring under your belief system.

 

[Ausm]

Why is it that all the liberal hacks that hate business never voice any concerns about big banking? When TARP happened, all the liberal dems (and repub pukes) kept there mouths shut over the bailout when it was clear that splitting the big banks up would have been the right thing to do. Now the big banks have an undue influence on politics and you blame big business. We had a chance to make it right, but Obama supported the bailout and thus you did, you went along for getting along. It is the number ONE reason we are still in this mess but you would rather blame the 1%'er while denying that your liberal congress people are part of that group. I am a conservative who did call and email my congress person insisting them to not support it by the way? Now, with QE1, 2 , and 3, how do you, with good conscience support your president. Banks make no risk loans to the government instead of dealing with the public now.

You must not have been lurking on this Forum very long, I take it?

 

[dmcowen674]

Why don't the libs get mad about banking?

Why is it that all the liberal hacks that hate business never voice any concerns about big banking? When TARP happened, all the liberal dems (and repub pukes) kept there mouths shut over the bailout when it was clear that splitting the big banks up would have been the right thing to do. Now the big banks have an undue influence on politics and you blame big business. We had a chance to make it right, but Obama supported the bailout and thus you did, you went along for getting along. It is the number ONE reason we are still in this mess but you would rather blame the 1%'er while denying that your liberal congress people are part of that group. I am a conservative who did call and email my congress person insisting them to not support it by the way? Now, with QE1, 2 , and 3, how do you, with good conscience support your president. Banks make no risk loans to the government instead of dealing with the public now.

What rock did you just crawl out from under?

 

[dmcowen674]

I have been here a long time.

Second, Community Reinvestment Act (Jimmy Carter) and changes made in 1991 by Bill Clinton that created the housing bubble that GW Bush tried to reign in but idiots like Chuck Shummer(sp) and Barney Frank said were perfectly solvent cause the "Great Recession". PROVE ME WRONG!

And to call Obama anything less than liberal is just ridiculous.

Bush tried to reign in???????

Bahahahahahahahahahahahahahaha

OMFGBBQ that was a great morning laugh

Thanks a bunch

Now go back under your rock

 

[nehalem256]

If you want to see delusional, look in a mirror. Your "theories" about the causes of the meltdown have been debunked so many times that it's not worth repeating.

Hey remember that time you had a "theory" blaming Reagan for things that started in the 1970s?

 

[Ausm]

Hey remember that time you had a "theory" blaming Reagan for things that started in the 1970s?

You mean The failed Supply Side Economics fiasco?

 

[Darwin333]

Why is it that all the liberal hacks that hate business never voice any concerns about big banking? When TARP happened, all the liberal dems (and repub pukes) kept there mouths shut over the bailout when it was clear that splitting the big banks up would have been the right thing to do. Now the big banks have an undue influence on politics and you blame big business. We had a chance to make it right, but Obama supported the bailout and thus you did, you went along for getting along. It is the number ONE reason we are still in this mess but you would rather blame the 1%'er while denying that your liberal congress people are part of that group. I am a conservative who did call and email my congress person insisting them to not support it by the way? Now, with QE1, 2 , and 3, how do you, with good conscience support your president. Banks make no risk loans to the government instead of dealing with the public now.

Thats not even the biggest issue.

The biggest issue is they have been and continue to get away with blatantly violating black letter law.

Neither Republican nor Democrat administrations have brought any serious criminal charges against the assholes or even claw back the ill-gotten gains.

This is NOT a republican/democrat or liberal/conservative issue, the banksters have bought and paid for both sides of the aisle but since you threw liberals under the bus where can I see where YOUR side has demanded prosecution? Where has YOUR side demanded that the rule of law apply to all of us equally specifically regarding the banksters? This should be a very non-partisan issue as I would think that everyone believes that everyone should have to follow the same set of laws. Unfortunately some people simply can't help turning everything into a partisan issue.

 

[nehalem256]

You mean The failed Supply Side Economics fiasco?

You mean the fiasco that was responsible for things that started 5-10 years before it was implemented...

Certainly gives a new meaning to the term "Voodoo Economics" huh?

 

[Ausm]

You mean the fiasco that was responsible for things that started 5-10 years before it was implemented...

Certainly gives a new meaning to the term "Voodoo Economics" huh?

Ok, who is responsible then?

 

[Paul98]

I will admit, this is what is pissing me off. I just wish people would look at the facts of what happened and not be lost in the political babble. Hard working people are getting hit for no reason other than working hard and planning for bad times. The media keeps selling it as the ultra rich is being punished, but that is just not the case. I do believe that our government should be a resource and not a burden to this type of person. A lot of good people are paying a lot of taxes coupled with high gas prices and a hard charge against employers, it is really causing harm that will only make all our lives worse not better. I really think the liberal mindset is to bring us all down to poverty rather that up to middle class.

Anyone else find the last sentence idiotic and totally opposite to the rest of the post. What are these "liberals" you keep talking about?

 

[Darwin333]

You sir are delusional! First, I have been here a long time. Second, Community
Reinvestment Act (Jimmy Carter) and changes made in 1991 by Bill Clinton that created the housing bubble that GW Bush tried to reign in but idiots like Chuck Shummer(sp) and Barney Frank said were perfectly solvent cause the "Great Recession". PROVE ME WRONG!

And to call Obama anything less than liberal is just ridiculous.

Oh geez, the community reinvestment act did not lead to the bubble. Search the forums for said proof because I am not going to waste my time retyping it for the 30th time.

Just to give you some direction, it was blatant fraud in the private sector that has went unpunished by both Dem and Reps that was one of the major causes of the bubble.

 

[nehalem256]

Ok, who is responsible then?

For what?

The decline in the economy started in the 1970s because of outsourcing. This was exacerbated by an increase in women entering the workforce increasing the workforce participation rate. Simple economics would dictate these would lead to declining wages.

As for the housing bubble

Note that housing was already at its highest levels in history in 2001 when Bush took office.

Clinton essentially handed over to Bush an economy going into recession because of the collapse of the Internet bubble with the Housing Bubble layered underneath.

And Democrats think Obama got dealt a bad hand by Bush

 

[jackstar7]

Does OWS represent the liberals in this forum? If it does, you should be ashamed. I'm not talking about cry baby rapist drug addicts who refuse to bath, but rather the group that has jobs and argues for real causes.

By the way glenn1, I have no side. I am an individual with an opinion who happens to see things from a conservative aspect. Put yourself in a box if you want, but I have a mind and can think for myself, don't need group think to survive!

So when you point the finger at "liberals"... oh I see!

YOU are an individual. Everyone else is some part of a "liberal" or "enemy" group for you to rail against.

It must be awful being the victim all the time.

 

[Theb]

I really think the liberal mindset is to bring us all down to poverty rather that up to middle class.

That's true but everyone on food stamps drives a brand new Cadillac, has a 90" tv and eats steak and lobster, right? So we're actually doing you a favor.

 

[Matt1970]

Ok, who is responsible then?

nehalem is referring to the constant blaming of Reagan for the decoupling of middle America's share of income. The decoupling started right around 1970 which is coincidently the same time we started running trade deficits.

 

[umbrella39]

That's true but everyone on food stamps drives a brand new Cadillac, has a 90" tv and eats steak and lobster, right? So we're actually doing you a favor.

After looking at his posting history the blame 'libs' for every problem in his life is strong. It removes any personal responsibility so let him run with it... it's fun to watch.

 

[soulcougher73]

It's a scary to think people like him breed.

 

[Juddog]

You sir are delusional! First, I have been here a long time. Second, Community
Reinvestment Act (Jimmy Carter) and changes made in 1991 by Bill Clinton that created the housing bubble that GW Bush tried to reign in but idiots like Chuck Shummer(sp) and Barney Frank said were perfectly solvent cause the "Great Recession". PROVE ME WRONG!

And to call Obama anything less than liberal is just ridiculous.

Clinton wasn't president until January 20, 1993. You are either trolling or retarded or both.

 

[Theb]

Clinton wasn't president until January 20, 1993. You are either trolling or retarded or both.

Bill Clinton is a time traveling warlock. He eats christian babies.

 

[Ausm]

Clinton wasn't president until January 20, 1993. You are either trolling or retarded or both.

This is the one I choose!

 

[nehalem256]

Clinton wasn't president until January 20, 1993. You are either trolling or retarded or both.

Bill Clinton is a time traveling warlock. He eats christian babies.

Well if Reagan can pass bills that influences events that happen 10 years in the past why can't Clinton sign bills before he was elected President?

 

[piasabird]

Truth is that the Banking system in the USA holds people hostage. The government seems to care more about banks than people. However, it is banking that makes the Capitalist system possible. If you want to buy a house you have to deal with some entity involved in banking to borrow the money. Retail depends in most parts borrowing money to purchase inventory. So we are all in some way dependent on the banking system. This is why the banking system and the investing needs to become separated to some extent. It use to be that banks were more local but many banks have become investment firms.

 

[piasabird]

For capitalism to work we have to let companies fail. Vultures get rid of the weak and diseased.

 

[OverVolt]

The libs are spineless remember?

So when the banks go "panic panic the market oh my god were all doomed the market look at it!!!! panic!!!! we need money STAT!"

The dems panic and give it to them. The dems can't think for themselves and just defer to what everyone else is thinking.

Take a democrat and fill the room with bankers and since he has no thoughts of his own he starts thinking like the banker wants him to, lol.

 

[zinfamous]

Why is it that all the liberal hacks that hate business never voice any concerns about big banking? When TARP happened, all the liberal dems (and repub pukes) kept there mouths shut over the bailout when it was clear that splitting the big banks up would have been the right thing to do. Now the big banks have an undue influence on politics and you blame big business. We had a chance to make it right, but Obama supported the bailout and thus you did, you went along for getting along. It is the number ONE reason we are still in this mess but you would rather blame the 1%'er while denying that your liberal congress people are part of that group. I am a conservative who did call and email my congress person insisting them to not support it by the way? Now, with QE1, 2 , and 3, how do you, with good conscience support your president. Banks make no risk loans to the government instead of dealing with the public now.

I thought OWS was the big scary liberal movement that frightened law-abiding granny?

oh wait...you're saying it wasn't a liberal movement?

...now I don't know what to think.