>The current crisis was NOT caused by any particular president or administration. Largely it was caused by lax lending by financial institutions and a derivatives business on steroids. Blaming it all on Bush and not understanding the root causes within the finacial system is just lunatic fringe.
Can sort of agree with the initial statement since president/congress were not in charge of the decisions leading to the crisis. But bush era did foster the climate under which the decisions were made, and gutted or turned a blind eye on many regulatory fronts.
So I’d say it’s, maybe not ‘lunatic’, but willfully perverse, to believe the previous 8 years were not a disaster
wannabe / future criminals should aspire to be politicians. the risk / reward carve is so so much more favorable than hard crime. if caught & convicted, it’s a white collar crime and once in jail, not hard to take over since rest of inmates are true whimpy white collar crime folks.
“No one is ever actually persuaded on the OT. We just spar.”
Funny, I was going to write something similar. Hal seems kind of like a freshman poly sci major – he is coming at this so eagerly and earnestly it almost seems like he thinks he can change someone’s mind.
“Please think about it. You strike me as someone who is clever enough to recognize the evidence.”
Hal, my sentiments are with you, but you must be new, here. No one is ever actually persuaded on the OT. We just spar. So go ahead and say what you need to say, but don’t get caught up in the expectation that you will persuade any of ther regulars. It’s our own little version of a sunday morning pundit show.
I do recognize the evidence. I see it every day as the USD trades to a new low. I see it every day in increased Treasury auctions and I can see what the numbers are for the amount of debt that we have out there. I see that there has not been a stimulas plan aimed at what individuals can spend (cut the payroll taxes). I see that the government has not come up with a plan to do anything about clearing the number of homes for sale.
I don’t diasagree with rescinding the tax cuts for $250,000 and above as I haven’t been above that level since 2008.
Do you really think that the health care bill isn’t going to be a collossally fucked up situation going forward with costs that are indeterminable??? Please think about it.
The current crisis was NOT caused by any particular president or administration. Largely it was caused by lax lending by financial institutions and a derivatives business on steroids. Blaming it all on Bush and not understanding the root causes within the finacial system is just lunatic fringe.
ROFL Pete. Well said.
>The current crisis was NOT caused by any particular president or administration. Largely it was caused by lax lending by financial institutions and a derivatives business on steroids. Blaming it all on Bush and not understanding the root causes within the finacial system is just lunatic fringe.
Can sort of agree with the initial statement since president/congress were not in charge of the decisions leading to the crisis. But bush era did foster the climate under which the decisions were made, and gutted or turned a blind eye on many regulatory fronts.
So I’d say it’s, maybe not ‘lunatic’, but willfully perverse, to believe the previous 8 years were not a disaster
The Chinese OBVIOUSLY figured “it” out. econ has, is, and will be rolling. Therefore, we should vote in some commies and change the constitution
To think that any of us have a mind worth changing is flattering.
wannabe / future criminals should aspire to be politicians. the risk / reward carve is so so much more favorable than hard crime. if caught & convicted, it’s a white collar crime and once in jail, not hard to take over since rest of inmates are true whimpy white collar crime folks.
“No one is ever actually persuaded on the OT. We just spar.”
Funny, I was going to write something similar. Hal seems kind of like a freshman poly sci major – he is coming at this so eagerly and earnestly it almost seems like he thinks he can change someone’s mind.
Ha ha, slopie. Touche.
“Please think about it. You strike me as someone who is clever enough to recognize the evidence.”
Hal, my sentiments are with you, but you must be new, here. No one is ever actually persuaded on the OT. We just spar. So go ahead and say what you need to say, but don’t get caught up in the expectation that you will persuade any of ther regulars. It’s our own little version of a sunday morning pundit show.
I do recognize the evidence. I see it every day as the USD trades to a new low. I see it every day in increased Treasury auctions and I can see what the numbers are for the amount of debt that we have out there. I see that there has not been a stimulas plan aimed at what individuals can spend (cut the payroll taxes). I see that the government has not come up with a plan to do anything about clearing the number of homes for sale.
I don’t diasagree with rescinding the tax cuts for $250,000 and above as I haven’t been above that level since 2008.
Do you really think that the health care bill isn’t going to be a collossally fucked up situation going forward with costs that are indeterminable??? Please think about it.
The current crisis was NOT caused by any particular president or administration. Largely it was caused by lax lending by financial institutions and a derivatives business on steroids. Blaming it all on Bush and not understanding the root causes within the finacial system is just lunatic fringe.