Your Universal Remote Control Center
RemoteCentral.com
Intermission Forum - View Post
Previous section Next section Up level
Up level
The following page was printed from RemoteCentral.com:

Login:
Pass:
 
 

Topic:
Rush You Fat Pig!
This thread has 7 replies. Displaying all posts.
Post 1 made on Monday December 22, 2008 at 22:17
Mr. Stanley
Elite Member
Joined:
Posts:
January 2006
16,954
[Link: thinkprogress.org]

Last edited by Mr. Stanley on January 22, 2009 16:39.
"If it keeps up, man will atrophy all his limbs but the push-button finger."
Frank Lloyd Wright
Post 2 made on Thursday January 22, 2009 at 21:41
radiorhea
Super Member
Joined:
Posts:
May 2002
3,264
Stan............calling the man names is not going to further your career.
Drinking upstream from the herd since 1960
Post 3 made on Friday January 23, 2009 at 14:04
mcn779
Senior Member
Joined:
Posts:
February 2003
1,070
It's very ironic that the anti-Bush camp came up with some of the most absurd "theories" about Bush. That being said Rush is way off on this one the housing collapse was started with Clinton's policies so unless the Democrats had the ability to read the future not possible. Did the Democrats mitigate the process before the election possibly but hopefully not likely. But with people like Dean and Reed anything is possible. The media certainly did.
Post 4 made on Saturday January 24, 2009 at 09:26
Anthony
Ultimate Member
Joined:
Posts:
May 2001
28,867
That being said Rush is way off on this one the housing collapse was started with Clinton's policies

no, all of them have helped, but the start of the issue started with Ragean. The issue was the deregulation he started, then the rest that followed (all of them) just aggravated the issue by deregulating even more. It made it easier and easier to give bad loans and helped drive the market prices (and like you pointed out all of them worked against the buyer with a "come on, you can afford that bigger home"). Obviously it took time for the effect and before that everything looks rosy. Joe that bought a home fore 150k and sold it for 300k felt great, the older mortgages where stable so equity backed bonds had high interest and where stable. But as Jim bought much more then he could afford and there where too many Jims that where defaulting, banks auctioned homes for less and the bonds started becoming more unstable (on the other hand as long as money comes in, like all pyramid schemes, the effects that there is no real money behind it was not felt until later)
...
Post 5 made on Saturday January 24, 2009 at 11:58
mcn779
Senior Member
Joined:
Posts:
February 2003
1,070
Anthony check the New York Times in 2005 there is an article about the push by Clinton to get the "disadvantage" into housing at any cost. Barnie Franks says as much in an interview floating around YouTube. The problem steamed rolled when buyers and realtors saw how easy it was to get a mortgage.
Post 6 made on Saturday January 24, 2009 at 13:10
Anthony
Ultimate Member
Joined:
Posts:
May 2001
28,867
I agree, I said "all of them". You said Clinton started the problem, it started way before that. The deregulation started with Reagan, then they all continued that way and exacerbated the situation. Is Clinton to blame for his part in it? Yes, but he was not the one that started the snowball.
...
Post 7 made on Saturday January 24, 2009 at 17:17
mcn779
Senior Member
Joined:
Posts:
February 2003
1,070
The people that took advantage of the deregulation are to blame not the regularization.
Post 8 made on Sunday January 25, 2009 at 09:45
Anthony
Ultimate Member
Joined:
Posts:
May 2001
28,867
The people that took advantage of the deregulation are to blame not the regularization

bad laws are bad laws. If someone decided that hitmen would not be legally prosecuted and murder rates went way up, the person that changed the law should have some blame, the hitman should have some blame and the people that hire them as well. But I have no idea what you mean with your post. Do you mean that Reagan should have cart blanch for starting the processes of deregulation and making it easier for mortgage companies to give bad loans but Clinton should have all the blame for deregulating even more and making it even easier for mortgage companies to give bad loans. If the guy in charge when deregulation happens has no blame then why blame Clinton? And if that is not what you meant, then why should the only people that get blame are people that use the system and the laws to benefit themselves.
...


Jump to


Protected Feature Before you can reply to a message...
You must first register for a Remote Central user account - it's fast and free! Or, if you already have an account, please login now.

Please read the following: Unsolicited commercial advertisements are absolutely not permitted on this forum. Other private buy & sell messages should be posted to our Marketplace. For information on how to advertise your service or product click here. Remote Central reserves the right to remove or modify any post that is deemed inappropriate.

Hosting Services by ipHouse