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satanica
07-22-2009, 03:37 PM
2007.

The US recession started in 2007

Not one republican politician has disputed this fact. You want to know why Bush asked for 700 billion ? ....because the writing was on the wall, the economy was going to have a major problem, this is why Bush asked for 700 billion, and this is why Obama voted for it.

Even the republicans that voted against both stimulus bills admit there was a large financial problem in the making.

http://www.bloomberg.com/apps/news?pid=20601110&sid=ae0zA06bsei4

http://www.google.com/search?sourceid=navclient&ie=UTF-8&rlz=1T4GGIH_enUS287US287&q=recession+started+2007

http://www.google.com/search?sourceid=navclient&ie=UTF-8&rlz=1T4GGIH_enUS287US287&q=recession+started+2007

BadCat
07-22-2009, 03:38 PM
2007.

The US recession started in 2007

Not one republican politician has disputed this fact. You want to know why Bush asked for 700 billion ? ....because the writing was on the wall, the economy was going to have a major problem, this is why Bush asked for 700 billion, and this is why Obama voted for it.

Even the republicans that voted against both stimulus bills admit there was a large financial problem in the making.

http://www.bloomberg.com/apps/news?pid=20601110&sid=ae0zA06bsei4

http://www.google.com/search?sourceid=navclient&ie=UTF-8&rlz=1T4GGIH_enUS287US287&q=recession+started+2007

http://www.google.com/search?sourceid=navclient&ie=UTF-8&rlz=1T4GGIH_enUS287US287&q=recession+started+2007

Well...DUH!

That just makes TWO idiots.

satanica
07-22-2009, 03:41 PM
Well...DUH!

That just makes TWO idiots.

The poll I ran shows most here don't think there was a financial crisis before Obama took office.

In fact, they can't answer why Bush asked for 700 billion.

So I showed them how to answer a question and posted a few links.

PoliCon
07-22-2009, 03:42 PM
When in 2007? And who was it who was going around the counrty with his press enterage telling everyone who would listen that the economy was bad? AND when was it that wall street took a dive and what specirfically triggered that?

satanica
07-22-2009, 03:43 PM
When in 2007? And who was it who was going around the counrty with his press enterage telling everyone who would listen that the economy was bad? AND when was it that wall street took a dive and what specirfically triggered that?

The article says "when"

Shall I draw a picture for you with some crayons ?

PoliCon
07-22-2009, 03:47 PM
The article says "when"

Shall I draw a picture for you with some crayons ?

well since it's obviously all you have available to you - go right ahead. :rolleyes:

satanica
07-22-2009, 03:53 PM
well since it's obviously all you have available to you - go right ahead. :rolleyes:

Promise to not eat the crayons this time ?

PoliCon
07-22-2009, 04:04 PM
Promise to not eat the crayons this time ?

You're confusing me with the retards at DU you share a short bus with. :rolleyes: So tighten your helmet, wipe the drool off your chin and answer a question.

satanica
07-22-2009, 04:05 PM
You're confusing me with the retards at DU you share a short bus with. :rolleyes:

Will you admit that there was a sizeable financial problem under Bush ?

PoliCon
07-22-2009, 04:07 PM
Will you admit that there was a sizeable financial problem under Bush ?

You need to answer the questions I asked you.

satanica
07-22-2009, 04:08 PM
You need to answer the questions I asked you.

Go. I will answer anything.

PoliCon
07-22-2009, 04:09 PM
Go. I will answer anything.

so answer the questions I already asked. :rolleyes:

satanica
07-22-2009, 04:10 PM
so answer the questions I already asked. :rolleyes:

Ask me, WTF ?

Do I have to beg ?

Do you want to me search the forum for questions ?

Just ask....

PoliCon
07-22-2009, 04:19 PM
Ask me, WTF ?

Do I have to beg ?

Do you want to me search the forum for questions ?

Just ask....

Already did - go back a page and read. asked 3 very important questions.

satanica
07-22-2009, 04:21 PM
Already did - go back a page and read. asked 3 very important questions.

Yep. You took the time to post, and still failed to ask a question ...just sent me off to search the forum.

Just as I predicted. I even begged.

You first complain I won't answer questions, then why confronted ...you freeze up and fail to ask a question ...you keep posting, but there is no question.

So so predictable, I am getting bored.

PoliCon
07-22-2009, 04:52 PM
Yep. You took the time to post, and still failed to ask a question ...just sent me off to search the forum.

Just as I predicted. I even begged.

You first complain I won't answer questions, then why confronted ...you freeze up and fail to ask a question ...you keep posting, but there is no question.

So so predictable, I am getting bored.

rotfl - the questions are only one page back in this thread. Any intelligent form of life could get the questions - they are just 12 posts back from this one! lol :rolleyes:

Molon Labe
07-22-2009, 04:55 PM
The roots of the 2007 Depression lie in the economic policies of a bloated federal goverment, the federal reserve, banking industry and socialism. No one can pinpoint when it started.

satanica
07-22-2009, 04:58 PM
rotfl - the questions are only one page back in this thread. Any intelligent form of life could get the answers. :rolleyes:

LOL...

ANOTHER POST and still no question.

Why take the time to post and not type your question in ?

PoliCon
07-22-2009, 04:59 PM
LOL...

ANOTHER POST and still no question.

Why take the time to post and not type your question in ?

Because I already typed out the questions in post # 4 of this thread.

Bongo55
07-22-2009, 05:07 PM
Ill ask a couple of questions for you deerlick.

1. Which branch of our government controls the purse strings, ie the money?

2. Which party was in control of the congress in 2007?

enslaved1
07-22-2009, 05:07 PM
blah, blah, hateful blah, ]

Why do you have to start another new thread? Your comments are directly related to what, three other threads you've started here? Every hint of disagreement has lead you to run for the personal, grade school insults. Maybe if you learn a touch of decorum and civility, and improve your grammer and comprehension skills, we could all enjoy an entertaining debate. I know, I know, that is the opposite of your intentions, you just want to disrupt the board and tick off as many people as possible, but new experiences can be enlightening.

Bongo55
07-22-2009, 05:13 PM
he's a post whore of course.

Rockntractor
07-22-2009, 05:35 PM
Another thread that belongs in stupid liberal tricks!

FlaGator
07-22-2009, 06:05 PM
I have it from reliable sources that the recession begin on January 29th, 2009 at 8:42 a.m.

asdf2231
07-22-2009, 06:53 PM
Friends
satanica has not made any friends yet

*giggle*

marv
07-22-2009, 07:36 PM
2007.

The US recession started in 2007

You're right - just as soon as the Democrat Congress got their greedy little hands on the purse strings, and Bush was a lame duck........

Constitutionally Speaking
07-22-2009, 09:11 PM
2007.

The US recession started in 2007

Not one republican politician has disputed this fact. You want to know why Bush asked for 700 billion ? ....because the writing was on the wall, the economy was going to have a major problem, this is why Bush asked for 700 billion, and this is why Obama voted for it.

Even the republicans that voted against both stimulus bills admit there was a large financial problem in the making.

http://www.bloomberg.com/apps/news?pid=20601110&sid=ae0zA06bsei4

http://www.google.com/search?sourceid=navclient&ie=UTF-8&rlz=1T4GGIH_enUS287US287&q=recession+started+2007

http://www.google.com/search?sourceid=navclient&ie=UTF-8&rlz=1T4GGIH_enUS287US287&q=recession+started+2007


Right after the Democrats took control of congress.

Zathras
07-22-2009, 09:47 PM
he's a post whore of course.

And not a very good one at that. Then again Blarch is not very good at much of anything.

AlmostThere
07-22-2009, 10:43 PM
2007.

The US recession started in 2007

Not one republican politician has disputed this fact. You want to know why Bush asked for 700 billion ? ....because the writing was on the wall, the economy was going to have a major problem, this is why Bush asked for 700 billion, and this is why Obama voted for it.

Even the republicans that voted against both stimulus bills admit there was a large financial problem in the making.

http://www.bloomberg.com/apps/news?pid=20601110&sid=ae0zA06bsei4

http://www.google.com/search?sourceid=navclient&ie=UTF-8&rlz=1T4GGIH_enUS287US287&q=recession+started+2007

http://www.google.com/search?sourceid=navclient&ie=UTF-8&rlz=1T4GGIH_enUS287US287&q=recession+started+2007
This disaster began in 1977. It escalated several times in the 1990's. Bush and and a number of Republicans in the House and Senate tried to sound a warning in the early 2000's but were shot down by Freddie and Fannie Democratic benefactors.

Do you seriously think we'd have the financial mess we have right now if it hadn't been for the sub-prime disaster?

satanica
07-23-2009, 08:47 AM
Right after the Democrats took control of congress.

So...

It is your view that a financial crisis would have been avoided if the Dems didn't win congress ?

FlaGator
07-23-2009, 08:52 AM
So...

It is your view that a financial crisis would have been avoided if the Dems didn't win congress ?

So the blame can be laid squarely at the feet of a democratically controlled congress who in two years did nothing to get us out of it. Congress controls the purse strings...

satanica
07-23-2009, 08:55 AM
So the blame can be laid squarely at the feet of a democratically controlled congress who in two years did nothing to get us out of it. Congress controls the purse strings...

They voted for Bushs 700 billion to help the USA recover.

Voting for a 700 billion dollar bill is NOTHING ?

If 700 billion is NOTHING, then why are the repubs crying about the spending ?

satanica
07-23-2009, 09:00 AM
So the blame can be laid squarely at the feet of a democratically controlled congress who in two years did nothing to get us out of it. Congress controls the purse strings...

Nope.

If you looked at the poll I ran asking if there was a financial problem under Bush ...A vast majority of CUers said NO.

How can you blame the dems for something that NEVER took place ?

Lars1701a
07-23-2009, 09:03 AM
Nope.

If you looked at the poll I ran asking if there was a financial problem under Bush ...A vast majority of CUers said NO.

How can you blame the dems for something that NEVER took place ?

Hey tool, the magic negro was handed a financial problem not the GREAT BIG financial problem like you worded it. Oh and by the way the magic negro is working hard making it into a GREAT BIG financial problem.


On edit: Even though the housing problem was largely caused by the banking queen and Dodd.

satanica
07-23-2009, 09:08 AM
Hey tool, the magic negro was handed a financial problem not the GREAT BIG financial problem like you worded it. Oh and by the way the magic negro is working hard making it into a GREAT BIG financial problem.


On edit: Even though the housing problem was largely caused by the banking queen and Dodd.

If it was just a mild problem, then why did Bush ask for 700 billion in a matter of days, or the country would collapse ?

I really don't expect you to answer the question, you won't be alone, nobody on the CU has answered it yet.

Maybe you will be the first .....probably not.

Lars1701a
07-23-2009, 09:11 AM
If it was just a mild problem, then why did Bush ask for 700 billion in a matter of days, or the country would collapse ?

I really don't expect you to answer the question, you won't be alone, nobody on the CU has answered it yet.

Maybe you will be the first .....probably not.

Well I have seen you evade question after question that has been put to you maybe thats why no one answers you.

satanica
07-23-2009, 09:13 AM
Well I have seen you evade question after question that has been put to you maybe thats why no one answers you.

Oh, how predictable.

I answer ALL questions. I am begging you to ask me anything and everything.

I tried this yesterday and the CUer refused to ask me a question...then in the next breath accused me of not answering questions

How predictable.

So ..."why did Bush ask for 700 billion" ?????????????????????????????????????????

Sonnabend
07-23-2009, 09:15 AM
Another thread that belongs in stupid liberal tricks!

It is. :D

Sonnabend
07-23-2009, 09:16 AM
So ..."why did Bush ask for 700 billion" ?????????????????????????????????????????

That's former PRESIDENT Bush to you, dork.

Constitutionally Speaking
07-23-2009, 09:22 AM
It is my view that specific policies that were supported by (mostly) democrats are what led to the recession.

First off, they restricted oil drilling here at home and the leftist lobby is actively working against adding refining capability here at home also.

Second. They interfered with the private market in the housing industry. They created incentives and flat out forced banks to grant loans they NEVER would have granted without the incentives, and laws that pushed them to do so.

Third. They dramatically increased the overall regulatory burden on businesses that drove some of them out of business, some of them to other countries and some of them to lower levels of profitability (and thus they did not hire as many people) Bush does not get a pass on this.

Fourth, they taxed and borrowed money that the private sector would otherwise have used to create more jobs. Bush gets a BIG part of the blame on borrowing money (spending money we don't have). The Dems were far worse, but Bush deserves some blame also.



Artificially low interest rates created an abnormal boom in the housing industry. These were policies of the fed and were further enhanced by government incentives to the lending industry. This all by itself would not have been that bad, but liberals stepped in to create an atmosphere that turned these good loans into toxic ones. They mandated "affordable housing" loans for people not qualified to receive them. The banks that were forced to make these loans did not want them on their books for obvious reasons. Spurred on by another government agency and favorite of liberals (Ginnie mae) the investment industry found a way to spread the risk of these loans by combining them with good loans. In a manner similar to what Freddie Mac and Fannie Mae did with home loans, Ginnie Mae "guaranteed" the securities that were created by combining the good loans with the bad loans. That is what the investment bankers were led to believe anyway. This would work fine for NORMAL levels of defaults and barring an abnormal level of defaults, it would have been fine.

But two things were at work, the sheer number of questionable loans and the recession that was set off by the high oil prices. The questionable loans were no longer merely questionable, they were bad. This set the snowball rolling down the hill.


Lots of things contributed to the recession and ALL of them have their origins in liberal policies that were supported (mostly) by Democrats.