Liberal Forum

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.

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!

If you don't want to accept the experience of someone deeply involved with business ownership at the time, that's fine with me! But don't pretend you understand the reasons behind it when your mind is totally closed and only willing to accept the explanation of the left-wing media, who refused to EVER criticize Obama for ANY of his stupid policies, his criminal cover-ups, his incompetence (Obamacare website, Fast & Furious, Cash for Clunkers, etc.), or his totally corrupt administration that is only now coming to light!

Termin8tor » 10 Feb 2020 1:11 pm » wrote:
Yeah, too much reality for your Fake Reality thread:

You are a PROVEN LIAR and a TRAITOR you HATE reality which is why when I shove INDISPUTABLE FACTS in your FACE you run away CRYING like the GUTLESS COWARD you are. The only thing you do is TELl LIES for Russian Military Intelligence and REALITY has NOTHING to do with your posting history TRAITOR

Zeets2 » 10 Feb 2020 1:17 pm » wrote:

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.

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!

If you don't want to accept the experience of someone deeply involved with business ownership at the time, that's fine with me! But don't pretend you understand the reasons behind it when your mind is totally closed and only willing to accept the explanation of the left-wing media, who refused to EVER criticize Obama for ANY of his stupid policies, his criminal cover-ups, his incompetence (Obamacare website, Fast & Furious, Cash for Clunkers, etc.), or his totally corrupt administration that is only now coming to light!

Good points, and like you I knew full well Obama's policies sucked and would hurt the economy.

So I began immediately working 70-80 hours a week to make sure I had enough to survive the bad times, and the bad times went on for years.

Had he followed sound economic policies, the economy would have rebounded immediately, like it did when Reagan's tax cut took full effect.

GDP growth in 1984 was over 7%, far above what Obama managed even for one single quarter.

Termin8tor » 10 Feb 2020 1:23 pm » wrote:
Good points, and like you I knew full well Obama's policies sucked and would hurt the economy.

You are a LIAR a GUTLESS COWARD and a TRAITOR Zeets is a MORON he didnt make a point at ALL much less good one he just said that we need to TAKE HIS WORD for the idea the 2008 economic DISASTER was just common recession when I REMEMBER IT. We were losing 700,000 mobs per MONTH it was the WORST economic disaster since the great Depression. OUr crash almost took the entire WORLD economy down with it. Zeets is a MORON he thinks we ought to take his RIDICULOUS talking point and NONSENSICAL PROPAGANDA seriously because HE SAYS SO. MY GOD the stupidity of Treason Monkeys is a never ending wonder

This is going to trigger Sniffles bigly.

Why do they cover their faces?

Misty » 10 Feb 2020 1:36 pm » wrote:This is going to trigger Sniffles bigly.

Trump will go BALLISTIC about this

Misty » 10 Feb 2020 12:58 pm » wrote:
You're the board's premier psychopathic liar who keeps saying that he has kept most of his promises.

His proposals are meaningless.
He just recently said that he was going to cut Medicare and SS.
And what happened to those middle class tax cuts he promised us right before the midterm elections?

He gave a trillion dollar tax cut to his millionaire and billionaire cronies, and now he wants to take healthcare away from the poor.

I am SO sick of that lie, but it proves once again that you're exactly the kind of gullible Democrat they count on, knowing you'll be there to carry their relentless attacks on Trump for them! I'M a millionaire, OK? I have a net worth of roughly $2.5 million, and I PAID FAR MORE IN TAXES AFTER THE TRUMP TAX CUT THAN I EVER PAID BEFORE!!! And I'm NOT complaining about it! But I'll be damned if I'm going to sit quietly while you spew these kinds of lies day after day! Stop swallowing the **** the Hate Trump media provides you with and speak to ANYONE! I guarantee you that the vast majority of the middle class received a HUGE tax cut, and virtually EVERYONE of the wealthy paid a HUGE amount in new taxes just like I did!

Termin8tor » 10 Feb 2020 1:23 pm » wrote:
Good points, and like you I knew full well Obama's policies sucked and would hurt the economy.

So I began immediately working 70-80 hours a week to make sure I had enough to survive the bad times, and the bad times went on for years.

Had he followed sound economic policies, the economy would have rebounded immediately, like it did when Reagan's tax cut took full effect.

GDP growth in 1984 was over 7%, far above what Obama managed even for one single quarter.

OH I remember those years? the Reagan years? Our depressed area was booming. I applied for jobs and had five in a day? I couldn't choose. it's not like that now, and it's never coming back here in maine. It will never be like that again. that's my point? but nobody listens ?

Zeets2 » 10 Feb 2020 1:17 pm » wrote:

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.

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!

This is what you said:

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!

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.

I saw the crash coming in March of 2008, before Obama was even the Democratic nominee.
And Termin8tor (AKA RichClem) said I was wrong.

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.

RichClem's Response:

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.

Misty » 10 Feb 2020 1:59 pm » wrote:
This is what you said:

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!

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.

I saw the crash coming in March of 2008, before Obama was even the Democratic nominee.
And Termin8tor (AKA RichClem) said I was wrong.

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.

RichClem's Response:

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.

That crash was a PERFECT EXAMPLE of GOP slash regulation policies. We had avoided and financial sector meltdown for more than 60 years because of things like Glass Steagal. Then AS SOON as they were able to get rid of those regulations they IMMEDIATLY began doing the things those regulations were meant to stop. Playing casino with EVERYONES money bundling loans then selling them so they had no CARE whether those loans would ever be paid back since the DEBT ITSELF was turned into a commodity and sold.

Those BUYING the loan bundles also didnt care since they were making short term money and they KNOW the dirtly little secret that conservatives studiously avoid. The cons SAY they deserve the money they make because THEY take the risk but what the financial sector know is RISK is socialized. They HAD NO RISK. THey knew they could take all the short term profit they could and when the bill came due, WHICH THEY KNEW IT WOULD, the TAXPAYERS would get the bill

It is the equivalent of someone taking OUR credit care to a casino then keeping all they WIN and putting what they LOSE on OUR CREDIT CARD

Zeets2 » 10 Feb 2020 1:42 pm » wrote:

Misty » 10 Feb 2020 12:58 pm » wrote:You're the board's premier psychopathic liar who keeps saying that he has kept most of his promises.
His proposals are meaningless.
He just recently said that he was going to cut Medicare and SS.
And what happened to those middle class tax cuts he promised us right before the midterm elections?
He gave a trillion dollar tax cut to his millionaire and billionaire cronies, and now he wants to take healthcare away from the poor.

I am SO sick of that lie, but it proves once again that you're exactly the kind of gullible Democrat they count on, knowing you'll be there to carry their relentless attacks on Trump for them!

I am not a Democrat.
And when it comes to being 'gullible' Trump supporters win first prize.

Zeets2 » 10 Feb 2020 1:42 pm » wrote:I'M a millionaire, OK? I have a net worth of roughly $2.5 million, and I PAID FAR MORE IN TAXES AFTER THE TRUMP TAX CUT THAN I EVER PAID BEFORE!!! And I'm NOT complaining about it! But I'll be damned if I'm going to sit quietly while you spew these kinds of lies day after day! Stop swallowing the **** the Hate Trump media provides you with and speak to ANYONE! I guarantee you that the vast majority of the middle class received a HUGE tax cut, and virtually EVERYONE of the wealthy paid a HUGE amount in new taxes just like I did!

On what planet?

Trump Tax Cuts Helped Billionaires Pay Less Taxes Than The Working Class In 2018

https://www.forbes.com/sites/camilomald ... 154ad53128

Termin8tor » 10 Feb 2020 2:11 pm » wrote:

True, but it was liberal policy written, pushed, vastly expanded and protected by your corrupt party, including Obama.

You are a LIAR that is an outright LIE the STUPIDITY of blaming OBAMA for the crash that took place BEFORE he was elected is DERANGED. The CRASH came from GOP slash regulation policies that is PLAIN to anyone paying attention if we had NOT gotten RID of Glass Steagall the crash never happens

The #1 recipient of Fannie Mae campaign funds.

FAnnie and Freddie didnt CAUSE the crash you BRAINWASHED MORON they were victims of it. GOD you are STUPID and BRAINWASHED

https://www.theatlantic.com/business/archive/2011/12/for-the-last-time-fannie-and-freddie-didnt-cause-the-housing-crisis/250121/

Wallison fails to inform his readers that Wall Street's "private-label securitization" of mortgages, which objective analysts identify as the primary source of most subprime and other high-risk loans, experienced a dramatic increase in market share that was exactly contemporaneous with the housing bubble, rising from about 10 percent market share in 2003 to nearly 40 percent by 2006. Overall, loans originated for private-label securitization have defaulted at about six times the rate of Fannie and Freddie loans. Indeed, Wallison does not explain--cannot convincingly explain--why the housing bubble occurred during a period when Fannie and Freddie's market share dropped precipitously.

Third, Wallison ignores the parallel bubble-bust cycle we experienced in commercial real estate, which does not have affordable housing policies of the sort he criticizes for Fannie and Freddie. Commercial real estate values experienced a peak-to-trough price decline of 45 percent, which was considerably worse than the 33 percent peak-to-trough price decline we saw in residential real estate. If, as Wallison contends, it was affordable housing policies that caused the residential real estate bubble, then what caused the bubbles in commercial real estate? Moreover, why did we have similar surges in credit liquidity in student loans, auto loans, and credit cards?


YOu are a MORON talking about an issue you are too STUPID to understand TRAITOR




you told 1,000 lies about Bush and finally got lucky on one.

You are a PROVEN LIAR the TRUTH was told about Bush and TRAITORS like you HATE the TRUTH and REALITY

Termin8tor » 10 Feb 2020 2:11 pm » wrote:

Misty » 10 Feb 2020 1:59 pm » wrote:I saw the crash coming in March of 2008, before Obama was even the Democratic nominee.
And Termin8tor (AKA RichClem) said I was wrong.

I love psychotic moonbat humor.
You, with zero understanding of Economics predicted it?

Yes, I did.

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.

So which one of us was right you jackass?
I even predicted that a big bank would fail 6 months before it happened.
Can you say Lehman Bros?

Termin8tor » 10 Feb 2020 2:11 pm » wrote:You told 1,000 lies about Bush and finally got lucky on one.

Yeah, I just got lucky.

Any idiot could see that one coming.
Except a self-appointed economic expert like you who completely missed it.

Termin8tor » 10 Feb 2020 2:19 pm » wrote:

Misty » 10 Feb 2020 2:08 pm » wrote:I am not a Democrat.
And when it comes to being 'gullible' Trump supporters win first prize.

We'd have to be worse than gullible to believe your lie.

You are worse than gullible.
You have been brainwashed and gaslighted so much, you can't see the truth any more.

Termin8tor » 10 Feb 2020 2:19 pm » wrote:The Middle Class got a large tax hike from Trump.

****.
They got a pittance compared to what the rich and corporations got, and they lost some deductions.
Plus, the business tax cuts are permanent while the individual cuts will expire in 2025.

Termin8tor » 10 Feb 2020 2:28 pm » wrote:Oh yeah, sure, you predicted that the entire financial system would be frozen by Subprime mortgages.

Yes, I did.
And you got it wrong.
Live with it.

Termin8tor » 10 Feb 2020 2:32 pm » wrote:I have never claimed to be an Economics expert, liar.

No, you only tell us that every day when you remind us about all of your many years of reading about it, and you say that none of us Libs know anything about it.

Termin8tor » 10 Feb 2020 2:32 pm » wrote:I have never claimed to be an Economics expert, liar.
But I have a decent understanding of the basics. I knew housing prices were in a bubble. I knew there was risk.
But I read Economics experts daily, and I don't recall anyone predicting this, except a name or two who aren't regularly carried.
The idea that you, giggle, predicted it is a complete and utter freaking joke.

Except I did.
And you didn't.

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.

Termin8tor » 10 Feb 2020 2:46 pm » wrote:

It is amazing you are such a LIAR and such a TRAITOR and GUTLESS COWARD you continue to LIE about her prediction AFTER she PROVES it with citation TO THE POSTS THAT PREDIT the meltdown

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.

WITH the datestamps. You are DERANGED and think normal HUMANS will take seriously your OBVIOUS LIES with the PROOF RIGHT THERE

You are one pathetic lunatic and delusional brainwashed MORON you think if you tell a LIE often enough the PROOF it is a lie wont matter but that proof is STILL RIGHT THERE and WONT GO AWAY.

Misty » 10 Feb 2020 2:08 pm » wrote: I am not a Democrat.
And when it comes to being 'gullible' Trump supporters win first prize.

On what planet?

Trump Tax Cuts Helped Billionaires Pay Less Taxes Than The Working Class In 2018

https://www.forbes.com/sites/camilomald ... 154ad53128

Did you actually read and understand the story? It DOES NOT SAY that billionaires paid less taxes under the Trump tax cuts! It says that the 400 or so "ultra-rich" POTENTIALLY pay a lower tax RATE than the "working class" in a book by a couple of leftist's analysis from Berkeley! Those 400 people paid NO LESS THAN ANYONE ELSE on the first half-million dollars of income. That's called EQUALITY!

If you want the reality instead of the phony liberal talking points, here are the facts. And I don't believe for a second that knowing the facts will stop you or anyone else from continuing to believe and spout the more comfortable lie for all those who hate Trump anyway:

Before the Trump tax cuts, the bottom 80% of income earners paid roughly 33% of all federal income taxes, but received 35% of the benefits from the Trump tax cuts. The top 1% paid 27% of all federal taxes, and received only 21% of the tax cut, according to the center-left
Tax Policy Center.

The Tax Policy Center found that more than
80 percent of taxpayers received a
tax cut, with less than five percent receiving a tax increase. The five percent who saw increases were mostly wealthy people in coastal States who had their write-offs for mortgage interest and for state and local taxes capped. The average cut in taxes was $1,600.
An analysis by the center-right
Tax Policy Center in 2018 yielded almost identical results when it came to the share paid by earners; that the top 1 percent of income earners would glean 20.5% of the tax cut benefits.