XPost: alt.fan.rush-limbaugh, alt.politics.liberalism, alt.politics.democrats XPost: alt.politics.usa.republican
On 2025-04-24, AlleyCat <
katt@gmail.com> wrote:
On Thu, 24 Apr 2025 17:04:39 +0000, Lee says...
John Smyth wrote:
An oldie but a goody!
Source anonymous.
"I love when people call Trump Stupid..
You mean the guy with the super model wife?
And a porno past to prove it.
Whoo hoo!
Hell yeah!
Jealous, much, faggot?
You mean the guy whose words alone put a massive slow down on illegal
border crossings?
Crashing the US economy does that,
Same thing happened in the Bush Recession.
You mean DEMOCRAT crash. Bush tried to stop what had been in motion for a long time.
(see bottom)
You mean the guy whose mere presence made the stock market smash its
previous records?
BILLIONS lost from the stock market.
Billions regained. You only lose if you sell.
Another Repubilcan recession.
We aren't in a recession.
Were we in a recession when Biden and Co. caused near double-digit inflation and near doubled gas prices and grocery prices so
high, many people went hungry?
Are you sure you don't see anything wrong with someone who has a 40 yr
career as a public servant living in a $4.5 mansion representing a
district she doesn't even live in?
Like Republican Dr Oz running for
Senator in Pennsylvania while living
in New Jersey?
Jesus Christ, faggot. What fucking planet did yu get your liberal logic from?
Are you sure you see nothing wrong or peculiar about Hillary Clinton a
woman being involved in politics for the last 30 yrs having a net worth
of $240 million?
Not a convicted felon.
Protected by threat of death.
No adultery.
LOL... WHO would fuck her? Certainly not anyone with eyes. Her husband wouldn't even fuck her. HE had to do the "adultering".
No divorces.
Why give up half your shit to HER?
Regularly released tax returns.
So?
Not born a millionaire.
But she stole enough money from her foundation, to become one.
Not a porn star.
Trump's a porn star?
Not an immigrant.
We're ALL immigrants.
============================================================================
Democrat Bahney Fwank's $10 Trillion Crash
That's right, shut-in.
Fwank's Fingerprints Are All Over The Financial Fiasco
https://duckduckgo.com/?q=boston.com+barney+frank+fingerprints&ia=web
************************************************
Key Democrats opposed the Federal Housing Enterprise Regulatory Reform Act
of 2005, which would have established a single, independent regulatory
body with jursdiction over Fannie and Freddie - a move that the
Government Accountability Office had recommended in a 2004 report.
************************************************
Barney Frank And Democrat Party Most Responsible For 2008 Economic
Collapse
It's beyond asinine that Democrats blame Bush for ruining the economy, and praise Clinton as having the mostest wonderfulest economy ever, when it
was a Clinton program that ruined the Bush economy. But that's the mainstream media narrative for you.
************************************************
'THE PRIVATE SECTOR got us into this mess. The government has to get us
out of it."
That's Barney Frank's story, and he's sticking to it. As the Massachusetts Democrat has explained it in recent days, the current financial crisis is
the spawn of the free market run amok, with the political class guilty
only of failing to rein the capitalists in.
The Wall Street meltdown was caused by "bad decisions that were made by people in the private sector," Frank said; the country is in dire straits today "thanks to a conservative philosophy that says the market knows
best." And that philosophy goes "back to Ronald Reagan, when at his inauguration he said, 'Government is not the answer to our problems; government is the problem.' "
In fact, that isn't what Reagan said. His actual words were: "In this
present crisis, government is not the solution to our problem; government
is the problem." Were he president today, he would be saying much the same thing.
Because while the mortgage crisis convulsing Wall Street has its share of private-sector culprits -- many of whom have been learning lately just how pitiless the private sector's discipline can be -- they weren't the ones
who "got us into this mess." Barney Frank's talking points
notwithstanding, mortgage lenders didn't wake up one fine day deciding to junk long-held standards of creditworthiness in order to make ill-advised loans to unqualified borrowers. It would be closer to the truth to say
they woke up to find the government twisting their arms and demanding that they do so - or else.
The roots of this crisis go back to the Carter administration. That was
when government officials, egged on by left-wing activists, began accusing mortgage lenders of racism and "redlining" because urban blacks were being denied mortgages at a higher rate than suburban whites.
************************************************
Only people can who understand how politics and the economy work know
this.
Whose Fault was It?
By far the most dangerous myth is that deregulation is the root cause of
the problem.
The culprit was a system geared toward loaning money to people who were
not in a position to pay it back. Two policies underpinned that system:
easy money by the Federal Reserve and the government-induced lowering of standards for approving loan requests.
In a recent paper for the Independent Institute, University of Texas professor Stan Liebowitz argues that "in an attempt to increase homeownership... virtually every branch of the government undertook an
attack on underwriting standards starting in the early 1990s... the
Clinton era."
Starting with the creation of the Federal Housing Administration in 1934
and all the way to the norms that made Freddie Mac and Fannie Mae acquire substantial loans given to people with weak credit.
Not surprisingly, once the Fed expanded credit, astronomical amounts of capital poured into a housing market that people assumed was protected by
the government. What came next was a consequence of the original sin.
Freddie Mac, Fannie Mae, H.U.D., Bahney Fwank, Bill Clinton, Andrew Cuomo.
Who is responsible for the crash?
Democrats' lobbyist-induced denial to regulate Housing, led to Wall Street collapse:
Barney Frank: I don't see anything in this report that raises safety
and soundness problems.
"These two entities -- Fannie Mae and Freddie Mac -- are not facing
any kind of financial crisis," said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services
Committee.
"The more people exaggerate these problems, the more pressure there
is on these companies, the less we will see in terms of affordable
housing."
************************************************
Anatomy of a bubble
Step 1. The intoxication: "My house is worth millions!" From 1995 -
2005, the number of sub-prime mortgages skyrocket. So did the house
prices.
Step 2. The hangover: "Oh my God, my house isn't selling. What went
wrong?"
WHY DIDN'T SOMEONE TRY TO STOP IT?
Someone did:
********* "The Bush administration today recommended the most
significant regulatory overhaul in the housing finance industry since
the savings and loan crisis a decade ago." - The New York Times,
September 11, 2003. ***************
But someone intervened to stymie the Bush administration. Who? The
New York Times reports:
Supporters of the companies said efforts to regulate the lenders
tightly under those agencies might diminish their ability to finance loans for lower-income families. . . . "These two entities - Fannie Mae and
Freddie Mac - are not facing any kind of financial crisis," said Representative Barney Frank of Massachusetts, the ranking Democrat on
the Financial Services Committee. "The more people exaggerate these
problems, the more pressure there is on these companies, the less we
will see in terms of affordable housing."
"The Bush administration today recommended the most significant
regulatory overhaul in the housing finance industry since the savings
and loan crisis a decade ago."
"Under the plan, disclosed at a Congressional hearing today, a new
agency would be created within the Treasury Department to assume
supervision of Fannie Mae and Freddie Mac, the government-sponsored
companies that are the two largest players in the mortgage lending
industry."
http://tinyurl.com/6lp5qu
"McCain Letter Demanded 2006 Action on Fannie and Freddie"
"Sen. John McCain's 2006 demand for regulatory action on Fannie Mae
and Freddie Mac could have prevented current financial crisis, as HUMAN EVENTS learned."
The OP was originally posted circa 2019 so it would be referring to
Trump's first, not his second term.
'Rep. Fred Doucette wrote to the editor of the Eagle Tribune in September 2019. The original letter was entitled "Don't be brainwashed by what the Democrats tell you."'
<
https://www.snopes.com/fact-check/clint-eastwood-quote-on-trump/>
--
pothead
Liberalism Is A Mental Disease
Treat it accordingly <
https://www.dailymail.co.uk/health/article-14512427/Doctors-reveal-symptoms-Trump-Derangement-Syndrome-tell-youve-got-it.html>
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