Regulations on banks caused the housing crisis that should be over now ... however

Discussion in 'Politics' started by Joeslogic, Jun 2, 2011.

  1. Joeslogic

    Joeslogic Active Member

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    Has the greatest depression already begun?

    by Wayne Allyn Root



     
  2. Lomotil

    Lomotil Active Member

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    Re: Regulations on banks caused the housing crisis that should be over now ... howeve

    Liking that part especially. Oh, and love the inferred "broke nigga on food stamps rollin' round on dUb's..." part, too...

    Shit, I filed my taxes late this year and got a new form that had the "Check here to donate $30 to the Presidential Limo fund."

    In the instructions, it just tells you it's eco-friendly to lick the stamp when sending donations.

    Can't possibly predict what's next.
     
  3. chumwad84

    chumwad84 New Member

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    Re: Regulations on banks caused the housing crisis that should be over now ... howeve

    America Will Be Dismembered By Its Creditors

     
  4. Joeslogic

    Joeslogic Active Member

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    Re: Regulations on banks caused the housing crisis that should be over now ... howeve

    Who is for increasing the debt ceiling? Who is against? Who is running up trillions more in dept? Who is trying to real it in?

    Who is against domestic energy production? Who is for it? Who has a drilling ban right now as we speak? Who wants to open up domestic drilling?
     
  5. Joeslogic

    Joeslogic Active Member

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  6. Aballister

    Aballister New Member

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    Re: Regulations on banks caused the housing crisis that should be over now ... howeve

    Wasn't Bush in the office when the Dow slumped in 2004? Yeah, he had been in for 3 years. Meh, must be Clinton's fault somehow.

    I blame the American media for most of your troubles.

    Just to set up a contrast.

    In Canada, we don't really care what our Prime Ministers did whilst in college or who they married. We don't care about what our Prime Ministers look like or what their kids do.

    In the US, the media is so obsessed with appearances that finding candidates with a squeaky-clean background is hard. So you guys end-up with Presidents that are dumb as a boot sole, yet never smoked pot in college.

    Nice tradeoff. :rolleyes:
     
  7. Joeslogic

    Joeslogic Active Member

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    Re: Regulations on banks caused the housing crisis that should be over now ... howeve

    Let's get it right Bill Clinton caused the dot.com bust that Bush inherited the economy slumped six months before Bush got in office. Then there was 911 to contend with, then Andrew, Hugo, Katrina, several huge fires due to Clintons forestry policy.

    But you got one thing right the majority of the blame goes to the media who bullies and lies against Capitalism and Republicans and lies to the stupid masses for the Socialist Democrats.
     
  8. Reizvolles

    Reizvolles Active Member

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    Re: Regulations on banks caused the housing crisis that should be over now ... howeve

    Unemployed police?
     
  9. Aballister

    Aballister New Member

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    Re: Regulations on banks caused the housing crisis that should be over now ... howeve

    Um, you should read up on what caused the .com bust. Interestingly enough this one didn't have all that much to do with politics.

    I went to school in accounting and one of the lectures was about that topic. It had more to do with flawed speculations and poor P/E ratios. You see, companies would advertise on other websites in exchange for advertisement on their own, then they recorded the exchange as revenue. This drove their retained earnings up, and skewed the EPS in a false positive light. The P/E ratio was better then it should be and it encouraged investment where there should be none. That's because the companies never really had revenue from the advertisements (it was all an exchange remember), so the true the cash flow was nil. The companies collapsed and so did the investors.

    Federal fiscal policies had nothing to do with it. Just bad investments, bad and lazy really.

    I know, that fucking policy of leaving trees alive is causing wildfires. We should just cut down every tree in America and never have to worry about forest fires again.
     
    Last edited: Jun 12, 2011
  10. Joeslogic

    Joeslogic Active Member

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    Re: Regulations on banks caused the housing crisis that should be over now ... howeve

    No actually that is a fairly accurate accounting of the .com bust and by your own standard of logic the blame goes squarely on the shoulders of Bill Clinton. Unless of course your logic relies on a double standard.

    And responsible forestry removes old growth which is the cause of the massive uncontrollable forest fires that bake Bambi alive.

    Democrats are cruel and inhumane like that.
     
  11. Aballister

    Aballister New Member

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    Re: Regulations on banks caused the housing crisis that should be over now ... howeve

    How so? Did Clinton tell the investors to overlook multi-step balance sheets when investing?

    Yeah, democrats set the fires themselves. It's never a drunken redneck flicking his cigarette butt in the bush.
     
  12. Joeslogic

    Joeslogic Active Member

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    Re: Regulations on banks caused the housing crisis that should be over now ... howeve

    Like I said your logic. Just like you blame a mortgage crisis caused by banking regulations that forced the banks to make poor loan decisions. They by the way Bush argued AGAINST and pleaded with the Democrats to REFORM. To be a Bush crisis.

    Once again YOUR LOGIC.

    Fires are for a myriad of reasons. Automotive exhaust, lightening, spontaneous combustion of methane in decomposing material, cigarette butts, pyromaniacs.

    Most of which are unavoidable however removing old growth is entirely possible and this helps keep them manageable.
     
    Last edited: Jun 13, 2011
  13. mikejean

    mikejean New Member

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    Re: Regulations on banks caused the housing crisis that should be over now ... howeve

    yap u r right. i am agree with u. its the great depression time not only in any country but through out the world..


    custom sticker
     
  14. Joeslogic

    Joeslogic Active Member

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  15. Aballister

    Aballister New Member

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    Re: Regulations on banks caused the housing crisis that should be over now ... howeve

    This place is fucking dead. Hey Joe, enjoy having a fucking tool representing the Republican party again. Gingrich vs. Romney, who's the biggest douchebag?
     
  16. Joeslogic

    Joeslogic Active Member

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    Re: Regulations on banks caused the housing crisis that should be over now ... howeve

    I liked Cain personally. I will settle for Gingrich over Romney though. Romney is a RINO the liberals should love him. But all they got in their hearts is hate.

    Let's see Newts resume. He led the Republicans in the 94 "revolution". Balanced the budget. Welfare reform. He is WAY smarter than Romney.
     

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