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Thread: State of the Union 2014

  1. #21

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    You're asking for failied policies. Greenspan's got a lot of guilt in this one too. Here's another one:

    From his earliest days in office, Bush paired his belief that Americans do best when they own their own homes with his conviction that markets do best when left alone. Bush pushed hard to expand home ownership, especially among minority groups, an initiative that dovetailed with both his ambition to expand Republican appeal and the business interests of some of his biggest donors. But his housing policies and hands-off approach to regulation encouraged lax lending standards.

    Bush did foresee the danger posed by Fannie Mae and Freddie Mac, the government-sponsored mortgage finance giants. The president spent years pushing a recalcitrant Congress to toughen regulation of the companies, but was unwilling to compromise when his former Treasury secretary wanted to cut a deal. And the regulator Bush chose to oversee them - an old school buddy - pronounced the companies sound even as they headed toward insolvency.

    As early as 2006, top advisers to Bush dismissed warnings from people inside and outside the White House that housing prices were inflated and that a foreclosure crisis was looming. And when the economy deteriorated, Bush and his team misdiagnosed the reasons and scope of the downturn. As recently as February, for example, Bush was still calling it a "rough patch."

  2. #22

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    Quote Originally Posted by cwolff View Post
    You're asking for failied policies.
    I asked for failed Bush policies that led to the recession and high unemployment.

    Bush did foresee the danger posed by Fannie Mae and Freddie Mac, the government-sponsored mortgage finance giants. The president spent years pushing a recalcitrant Congress to toughen regulation of the companies, but was unwilling to compromise when his former Treasury secretary wanted to cut a deal.
    So we're blaming Bush for his inaction?

  3. #23
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    Good lord, I have never seen people defend a fuck up so much in my life. The one thing I've noticed out of all the political threads I've read here is... The "Republicans" of PC can at least admit Bush did wrong on some aspects and that they themselves are sometimes wrong. The "Democrats" of PC can do no wrong and either can Obama. It's actually rather scary that there is such radical faithfulness to one man (Politically, let's keep it in topic.).
    Last edited by Johnny Five; 01-29-2014 at 01:25 PM.
    Quote Originally Posted by Back View Post
    Tolerance does not mean tolerating intolerance.
    tol·er·ance
    ˈtäl(ə)rəns/
    noun
    noun: tolerance
    1.
    the ability or willingness to tolerate something, in particular the existence of opinions or behavior that one does not necessarily agree with.

  4. #24

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    Quote Originally Posted by Tgo01 View Post
    I asked for failed Bush policies that led to the recession and high unemployment.

    So we're blaming Bush for his inaction?
    Bush gets blame for a lot of shit, foreign and domestic. He's not worth defending. Why would you? What did he do that was good for the U.S.? His Dad was great. His Presidency started out on a high and ended on a low.

    Quote Originally Posted by Johnny Five View Post
    Good lord, I have never seen people defend a fuck up so much in my life. The one thing I've noticed out of all the political threads I've read here is... The "Republicans" of PC can at least admit Bush did wrong on some aspects and that they themselves are sometimes wrong. The "Democrats" of PC can do no wrong and either can Obama. It's actually rather scary that there is such radical faithfulness to one man (Politically, let's keep it in topic.).
    Dude, you've got to be joking. Pull your head out of your ass and read.

  5. #25

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    I'm not defending Bush. I'm asking for which policy of his actually led to the recession and high unemployment? Remember his lack of policies do not count.

  6. #26
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    Quote Originally Posted by cwolff View Post
    Bush gets blame for a lot of shit, foreign and domestic. He's not worth defending. Why would you? What did he do that was good for the U.S.? His Dad was great. His Presidency started out on a high and ended on a low.



    Dude, you've got to be joking. Pull your head out of your ass and read.
    I'm not joking at all actually. Yourself and certain others on here defend him to no end while redirecting any question actually posed at you. You are defending a president that received a broken system and instead of trying to fix it he keeps adding to the broken system. Obama is good for social works but as far as being a economic leader he is a joke. But you'll just redirect me to some link about how bad Bush was.
    Quote Originally Posted by Back View Post
    Tolerance does not mean tolerating intolerance.
    tol·er·ance
    ˈtäl(ə)rəns/
    noun
    noun: tolerance
    1.
    the ability or willingness to tolerate something, in particular the existence of opinions or behavior that one does not necessarily agree with.

  7. #27
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    Quote Originally Posted by Johnny Five View Post
    Good lord, I have never seen people defend a fuck up so much in my life. The one thing I've noticed out of all the political threads I've read here is... The "Republicans" of PC can at least admit Bush did wrong on some aspects and that they themselves are sometimes wrong. The "Democrats" of PC can do no wrong and either can Obama. It's actually rather scary that there is such radical faithfulness to one man (Politically, let's keep it in topic.).
    Don't lump all the democrats based on cwolff's posts. And I think that you're perceiving what you want if you're ignoring that the forum republicans have been equally zealous about following party lines.


    >forage for snapdragon stalk
    d100(Open): -251
    You stumble about in a fruitless attempt at foraging.

    1/6/2014: Setheve completes the promotion ritual and says, "Congratulations, Whirlin, for achieving Guild Master status! We trust you'll serve your guild well."
    1/11/2014: Grandmaster Alchemist
    1/14/2014: Capped, and got Loralaii killed by a GM.
    7/11/2016: Founded the Hand of the Arkati
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  8. #28
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    Quote Originally Posted by Whirlin View Post
    Don't lump all the democrats based on cwolff's posts. And I think that you're perceiving what you want if you're ignoring that the forum republicans have been equally zealous about following party lines.
    Oh they are. I'm sure the next republican president to be in office it will surely be a table flip. But just the posts I've read, which probably doesn't contain a majority of the democratic PC base is just crazy. Not one of them will admit Obama is at fault for anything. Unemployment, healthcare.gov, foreign policy...
    Last edited by Johnny Five; 01-29-2014 at 02:02 PM.
    Quote Originally Posted by Back View Post
    Tolerance does not mean tolerating intolerance.
    tol·er·ance
    ˈtäl(ə)rəns/
    noun
    noun: tolerance
    1.
    the ability or willingness to tolerate something, in particular the existence of opinions or behavior that one does not necessarily agree with.

  9. #29
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    Quote Originally Posted by Tgo01 View Post
    I'm not defending Bush. I'm asking for which policy of his actually led to the recession and high unemployment? Remember his lack of policies do not count.
    Google'd results
    http://www.google.com/publicdata/exp...l=en&ind=false

    https://www.google.com/#q=unemployme...es+US&safe=off

    I wouldn't say Bush policies specifically... however, we do see a peak when Obama hit office... Considering every republican on the forum basically said he didn't do anything during his first term, I'm not sure if the spike is specific to Obama Policies, or more just as a result of any chance in presidency. As we're seeing an increasingly politically polarized time, I think we will continue to see big peaks associated with governmental changes, regardless of policy.

    Taking a look at historical figures, it appears that there are similar peaks within ~1 year of a new administration. When Bush took office, unemployment appears to have been at 4%, but up to 5.9% by the end of his first year. In 1980-1982, we saw a hike from 6% to 10.2%.

    Apparently Clinton is an outlier, which didn't seem to have any substantial change as a result of presidency.


    >forage for snapdragon stalk
    d100(Open): -251
    You stumble about in a fruitless attempt at foraging.

    1/6/2014: Setheve completes the promotion ritual and says, "Congratulations, Whirlin, for achieving Guild Master status! We trust you'll serve your guild well."
    1/11/2014: Grandmaster Alchemist
    1/14/2014: Capped, and got Loralaii killed by a GM.
    7/11/2016: Founded the Hand of the Arkati
    9/20/2016: T5 on my bow (Thanks to Isola)... Managed as far as T4 myself.

  10. #30

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    Quote Originally Posted by Johnny Five View Post
    Oh they are. I'm sure the next republican president to be in office it will surely be a table flip. But just the posts I've read, which probably doesn't contain a majority of the democratic PC base is just crazy. Not one of them will admit Obama is at fault for anything. Unemployment, healthcare.gov, foreign policy...
    You've read posts from a majority of the active board democrats then, yes.

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