poll:who was best Pres in your lifetime

[Joe Capitalist]

if you are not capable of an honest discussion, just state that.

If you don't comprehend how Glass Steagall impacted the loan markets then perhaps you should remain silent.

Saying it should have happened sooner shows you don't comprehend the topic being discussed.

Then prove to me why/how the repeal of Glass/Steagall caused the 2008 mortgage crisis and economic collapse.
Also, I never said Glass/Steagall didn't impact the load markets. Perhaps you should stop using a Strawman Argument. It shows you don't comprehend debating topics intelligently.

And you conveniently didn't answer my question so I'll ask it again:

Do you think Bush Jr deserves any amount of blame for the 2008 mortgage crisis and economic collapse? If so, how much?

 

[LV426]

More Americans own homes here even at the lower income spectrum than any other country on the planet.

But they don't really own their homes; the banks do.

And not sure why you want to tout home ownership since that is what got us into the mess in the 2000's as you tried to juice the housing market to make the economy look like it was growing as a result of tax cuts, when it was really growing as a result of debt, debt, debt.

 

[Truth Detector]

Unfortunately for you, the link you're using is a bit outdated (July 6th) because we just found out on July 11th from Payscale that:

Worker pay in the second quarter dropped nearly one percent below its first-quarter level, according to the PayScale Index, one measure of worker pay. When accounting for inflation, the drop is even steeper. Year-over-year, rising prices have eaten up still-modest pay gains for many workers, with the result that real wages fell 1.4 percent from the prior year, according to PayScale. The drop was broad, with 80 percent of industries and two-thirds of metro areas affected.

DUH!

Some economists have cautioned against judging the tax cuts too quickly, saying it could take up to four years before their full effects are felt.

 

[Truth Detector]

Your laziness is not my problem.

 

[LV426]

Yes, there was a very mild recession in late 1990 early 1991, but the economy most certainly boomed over those 12 years. two quarters of negative GDP (-3.4/-1.9) in a 12 year period. Yeah... that is booming.

No it didn't boom, you tool.

If it did, then there wouldn't have been a recession or the S&L crisis.

 

[Truth Detector]

No, it's not run like a large corporation, and anyone who has ever worked in a large corporation will tell you you're full of shit.

Have you ever worked in a large corporation? Obviously not because you really don't have the slightest clue of what you are emoting about.

Obama was the most inexperienced leftist moron to ever inhabit the White House and you want to bloviate stupidly about Trumps experience. STFU

 

[LV426]

I am glad you admit that much; so why don't Democrats and the DNC run on this in their platform instead of lying about it?

Medicare-for-All is part of the Democratic Platform now, with several Democrats introducing that legislation int he Senate.

Ocasio-Cortez won because she campaigned on Medicare-for-all.

 

[LV426]

That is a lie; universal will create conditions making it nearly impossible for private practices to survive.

Completely wrong.

All a single payer system does is administer payments from one premium pool everyone pays a fixed % into, to providers.

That's it; it's just an administrative change...one that saves us money because we no longer are paying overhead to insurance companies.

 

[LV426]

Pure nonsense. The biggest driver of the market this year has been the tariff war talks/fears.

But but but...

We were told that if we cut the corporate tax rate down to 21%, it would lead to 4-5% growth and a booming stock market.

That's what y'all promised back in December.

Now you're trying to find excuses for why your policy isn't delivering on its promises, when excuses are unnecessary. The policy sucks. There's nothing more to it than that.

Take a look at what small companies have done this year. They are up over 10% this year. They are the biggest benefactors of the tax cut.

What is up over 10%? I don't know what you're referring to.

And worker pay has declined.

No answer for that, of course.

 

[LV426]

Not sure why you keep referring to it as a Russia tax cut. Is that your moronic way of pretending the Russians are in control?

The GOP and Trump are owned by Russia, they are doing Russia's bidding. This tax cut is one of those things.

 

[LV426]

The dishonesty is all yours and Pelosi's; to suggest that one does not know what is in legislation shines a bright light on the lies and dishonesty the ACA was passed under.

What she said was that we had to pass it so we know what's in it outside the fog of controversy.

By removing the bold part of her statement, you are deliberately lying about what she said, and are creating the fog of controversy she referred to.

You're not an honest person and you don't debate honestly.

So what good are you, then?

 

[Truth Detector]

I'm not complaining about spending, I'm pointing out that you were the people who stapled teabags to your face because of a trillion-dollar deficits 8 years ago, but are strangely silent about the trillion dollar deficits today.

The trillion dollar deficit rhetoric is a PROJECTION; not actual. That is based on the FALSE notion that tax cuts result in lower revenues which is also patently stupid and lacking in historic factual content.

How come? What happened to all your teabags? When you stapled them to your face, did the staples go in too far and damage your frontal lobes?

I see that you have been reduced to pointless insults. That's what happens whenever leftists get cornered with their fact-less laughably stupid talking points.

 

[Joe Capitalist]

Dude, the housing bubble was already in full swing by that time. You need to go back and do some reading my man/

Yeah, two years after Bush Jr. signed the American Dream Downpayment Act. My brother-in-law was a Real Estate Broker and he could see it happening after Bush Jr. started giving low income people mortgages with no down payment. I remember in 2004 he was getting many homebuyers that wouldn't qualify for loans before Bush Jr's legislation. He told me we could be looking at a mortgage disaster because he said, "These people are buying homes with no money down. They could just get up and walk away from the mortgage because they have no skin in the game". He was 100% correct.
My timeline is correct. Your's is not. But because you are a radicalized right wing nut job, it's not surprising that you continue to parrot the right wing talking points deflecting the blame to the democrats.

https://www.nytimes.com/2008/12/21/business/21admin.html?pagewanted=all&_r=0


Bush signs the American Dream Downpayment Act allowing low income people to buy homes with no downpayment:

I rest my case!

 

[LV426]

Of course, you would have to have a modicum of intelligence and honesty to comprehend that much. ACA was passed based on lies and a straight party line vote when Democrats had the majority.

So let's summarize:

1. You misrepresent a quote of Pelosi's where she talks about how you misrepresent things (Fog of controversy).
2. When called on that lie and misrepresentation, rather than own up to the fact that you are a deliberate liar, you try to pretend like you never lied in the first place.

All you did was lie about what Pelosi said in order to create a fog of controversy that Pelosi was referring to in her statement.

So you ended up proving all of Pelosi's statement true.

What a dumbass.

 

[Truth Detector]

What makes me think you like them is that you support policies that cause them, like the Russia Tax Cut.

There you go again with the moronic meme. It is obvious you don't want to be taken seriously. Run along.

 

[Truth Detector]

It sure does work out fine for them. They beat us in nearly every single health metric there is; from infant mortality to life expectancy, to rates of heart disease, to cost-per-patient.

It is propaganda, not fact. It doesn't work when you have to wait for almost a year for a hip replacement. Or if you have to wait for almost six months for open heart surgery.

 

[LV426]

Tax cuts have NOTHING to do with stocks. I do wish you knew what you are emotionally erupting about. I suppose with your moronic logic, tax increases lead to job growth.

If they have nothing to do with stocks, why were Conservatives saying it would skyrocket the stock market back in December?

Many economists have argued that "this is as good as it gets" for U.S. economic growth. But President Drumpf's $1.5 trillion Tax Cuts and Jobs Act could kick economic growth into high gear and give a further boost to the long, strong stock market rally.
https://www.investors.com/news/economy/trump-tax-cuts-fuel-economic-growth/

 

[LV426]

Another massive pile of hyperbolic bile. You seem to be quite full of it. I cannot stop you from being delusional. Carry on fact-less wonder.

Looks like someone got triggered! LOL!

 

[LV426]

The economy didn't boom during the '80's? This is some interesting reversionist history

Nope. That's why the 80's ended with a recession and the largest taxpayer bailout of all time (before TARP, another bailout following 8 years of failed Conservative policy).

 

[Joe Capitalist]

What she said was that we had to pass it so we know what's in it outside the fog of controversy.

By removing the bold part of her statement, you are deliberately lying about what she said, and are creating the fog of controversy she referred to.

You're not an honest person and you don't debate honestly.

So what good are you, then?

Exactly why I have Turd Dissector on IGNORE. He can't debate honestly and resorts to puerile insults when he's beaten down (which is quite often).
He's probably a Russian Troll who lives under Putin's desk.