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Trump's tax cut didn't trickle down

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  • 2001400ex
    2001400ex Member Posts: 29,457
    Sledog said:

    2001400ex said:

    Sledog said:

    No. I got stupid fucking democrat policies led to poor lending practices for social justice bullshit which caused a huge housing bubble and it's eventual collapse that everyone had to pay for.

    Except Republicans controlled both houses of Congress and the presidency the 6 years prior. Dumbfuck.

    http://www.presidency.ucsb.edu/ws/?pid=81258
    Except it was Jimmy Carter and Billy Boy Clinton that put those rules in place. Carter started it Clinton expanded it. Are you always this dumb? Of course you are.
    You can't fix stupid.
  • 2001400ex
    2001400ex Member Posts: 29,457
    USMChawk said:

    2001400ex said:

    USMChawk said:

    USMChawk said:

    2001400ex said:

    Sledog said:

    No. I got stupid fucking democrat policies led to poor lending practices for social justice bullshit which caused a huge housing bubble and it's eventual collapse that everyone had to pay for.

    Except Republicans controlled both houses of Congress and the presidency the 6 years prior. Dumbfuck.

    http://www.presidency.ucsb.edu/ws/?pid=81258
    Except the lowering of lending standards began during the Clinton administration. Bush gets his share of the blame for not addressing it but, the impetus of the crisis belongs to the Democrats.

    https://www.theatlantic.com/business/archive/2011/12/hey-barney-frank-the-government-did-cause-the-housing-crisis/249903/
    When you spend 8 years saying Obama needs to stop blaming Bush you lose all rights to factually look at things. It happened under Obama it’s his fault, stop blaming Bush. It happened under Bush it’s his fault, stop blaming Clinton.
    I understand how politics work and how decisions made during one administration carry over into the subsequent ones. Bush had the opportunity to tighten up the lending practices and didn’t. For that he gets his share of blame. But, the loosening of those regulations started under Clinton’s watch, when the Democrats controlled both Houses.

    Actually Republicans controlled both houses from 1994 through the end of his presidency. But still.
    And the Democrats controlled both houses from 1993 to 1995, when the ‘deregulation’ began. Both parties have their share of the blame but it was the Democrats who instituted the policies to woo the lower income voter. The Republicans didn’t overturn it because they were trying to pull those same voters. That’s my biggest issue with politics today, politicians do what’s best for them or their party, not the country.

    Yes both parties had their hand in it.
  • Baseman
    Baseman Member Posts: 12,382
    Sledog said:

    No. I got stupid fucking democrat policies led to poor lending practices for social justice bullshit which caused a huge housing bubble and it's eventual collapse that everyone had to pay for.

    There you go again.

    Cute Fox Paus omitting the S&L scandel, the precursor to the swelling bulge which eventually ruptured, and nearly brought down our democratic republic. (like a smart Dem I cashed my chips in and bought tulips before the crash)


    And yeah, Roger Stone is my source.

    Before the unfortunate shit storm that tested our sacred party, our steadfast, unwavering, and brilliant Democratic leadership stepped up, voted for the bailout rescue/invest in America plan that saved the country and made the tax payers billions. (the surplus Trump repatriated and released to make America the wealthy, wealthier again.

  • YellowSnow
    YellowSnow Moderator, Swaye's Wigwam Posts: 37,808 Founders Club
    Baseman said:

    Sledog said:

    No. I got stupid fucking democrat policies led to poor lending practices for social justice bullshit which caused a huge housing bubble and it's eventual collapse that everyone had to pay for.

    There you go again.

    Cute Fox Paus omitting the S&L scandel, the precursor to the swelling bulge which eventually ruptured, and nearly brought down our democratic republic. (like a smart Dem I cashed my chips in and bought tulips before the crash)


    And yeah, Roger Stone is my source.

    Before the unfortunate shit storm that tested our sacred party, our steadfast, unwavering, and brilliant Democratic leadership stepped up, voted for the bailout rescue/invest in America plan that saved the country and made the tax payers billions. (the surplus Trump repatriated and released to make America the wealthy, wealthier again.

    Chinned for the OG bubble reference.
  • HardlyClothed
    HardlyClothed Member Posts: 937
    While we’re on the ‘08 crash and the Wall St bailout did anyone see what financial wunderkind Tim Geithner is up to lately?

    Mailing checks to destitute people, hoping they cash it, and then charging 350% interest on it. If you don’t pay you get sued and have to pay attorney’s fees for the billion dollar hedge fund that sent the checks.

    The man just continues to impress.
  • 2001400ex
    2001400ex Member Posts: 29,457

    While we’re on the ‘08 crash and the Wall St bailout did anyone see what financial wunderkind Tim Geithner is up to lately?

    Mailing checks to destitute people, hoping they cash it, and then charging 350% interest on it. If you don’t pay you get sued and have to pay attorney’s fees for the billion dollar hedge fund that sent the checks.

    The man just continues to impress.

    Sounds like a great business plan.
  • Edwin_Bambino
    Edwin_Bambino Member Posts: 2,944
    edited July 2018
    Sledog said:

    2001400ex said:

    Sledog said:

    No. I got stupid fucking democrat policies led to poor lending practices for social justice bullshit which caused a huge housing bubble and it's eventual collapse that everyone had to pay for.

    Except Republicans controlled both houses of Congress and the presidency the 6 years prior. Dumbfuck.

    http://www.presidency.ucsb.edu/ws/?pid=81258
    Except it was Jimmy Carter and Billy Boy Clinton that put those rules in place. Carter started it Clinton expanded it. Are you always this dumb? Of course you are.
    And Trump wants to gut Dodd Frank so we can do it all again. Fun!
  • dflea
    dflea Member, Swaye's Wigwam Posts: 7,287 Swaye's Wigwam

    Sledog said:

    No. I got stupid fucking democrat policies led to poor lending practices for social justice bullshit which caused a huge housing bubble and it's eventual collapse that everyone had to pay for.

    This is the stupidest explanation of the housing bubble I have ever heard. And that’s saying something.
    Not surprising that it came from Sledog. He takes retard to levels never dreamed of by regular humans.

  • Pitchfork51
    Pitchfork51 Member Posts: 27,690
    dflea said:

    Sledog said:

    No. I got stupid fucking democrat policies led to poor lending practices for social justice bullshit which caused a huge housing bubble and it's eventual collapse that everyone had to pay for.

    This is the stupidest explanation of the housing bubble I have ever heard. And that’s saying something.
    Not surprising that it came from Sledog. He takes retard to levels never dreamed of by regular humans.

    Haaaave you seen hondo