10 Feb 2020 1:59 pm
This is what you said:Zeets2 » 10 Feb 2020 1:17 pm » wrote:NOT TRUE! I stated that through the 3rd quarter of 2008, we were in a typical, cyclical recession! And it was the huge lead that Obama took in October (4th quarter!) and then the winning of the election on Nov. 4th that made the recession so much worse!Misty » 10 Feb 2020 12:19 pm » wrote:No, because he referred to what happened in the last quarter of 2008 as a 'typical recession' and he said that Obama 'caused' the crash.
Obama is not the one who pushed home ownership for people with bad credit histories and no money for down payments and gave mortgages to anyone who could sign their name without even checking their income.Zeets2 » 09 Feb 2020 7:38 am » wrote:Comparing Obama's LAST 3 years in office doesn't reveal the true story! The fact is that the true comparison to Trump's first 3 years in office is to OBAMA'S first 3 years, and you KNOW how badly he crashed the economy then!
I saw the crash coming in March of 2008, before Obama was even the Democratic nominee.
And Termin8tor (AKA RichClem) said I was wrong.
RichClem's Response:QUOTE (MistyBlue @ Mar 28 2008, 12:49 PM) We are headed for an economic tsunami, and McCain's answer is to sit back and let the free market work it out.
Except I guess when some big bank fails. Then he will bail them out with our money.
QUOTE (RichClem @ Mar 28 2008, 12:58 PM) We aren't on the verge of a meltdown, unless incompetent politicians pass stupid policy, which thankfully has not happened, except in small doses.