01 ss VS obamas plan to ruin the economy
05-18-2011, 05:21 PM
#7
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Dude..wake up...Do you actually think Obama did this?? The ecomomy going to **** took place a long time ago!
I am not an Obama nutswinger but he is not the cause of this. Each Administration has done their part to increase the deficit! Just look at Bush..that dude put us in two wars at the same time. WTF was he thinking. He went after Sadaam becuase he had WMD.....where were they...never had them but he sucked us into a costly war with Iraq. There is a douche to be mad at.
You think this is bad now?? I feel bad for the next generation to come up. Each generation inherits more and more debt. Be thankful if you are dead when all this comes to a head..and it is comming. This depession we just had in 2008 & 09 was only a sampler. Constant overspending on things that we cannot afford. Most of us folishly spend our money just as the government does. If you have it and you can afford it, that is one thing however, the majority of people over spending are the ones that cannot afford it.
Look at the Housing market and the greed that followed that scam. They sold $600K homes to people making $500 a week. The whole stock market and housing was inflated based on bad loans. How long was that gonna last. What a fail that was!
**** this...it is futile to get pissed about this ****
I am not an Obama nutswinger but he is not the cause of this. Each Administration has done their part to increase the deficit! Just look at Bush..that dude put us in two wars at the same time. WTF was he thinking. He went after Sadaam becuase he had WMD.....where were they...never had them but he sucked us into a costly war with Iraq. There is a douche to be mad at.
You think this is bad now?? I feel bad for the next generation to come up. Each generation inherits more and more debt. Be thankful if you are dead when all this comes to a head..and it is comming. This depession we just had in 2008 & 09 was only a sampler. Constant overspending on things that we cannot afford. Most of us folishly spend our money just as the government does. If you have it and you can afford it, that is one thing however, the majority of people over spending are the ones that cannot afford it.
Look at the Housing market and the greed that followed that scam. They sold $600K homes to people making $500 a week. The whole stock market and housing was inflated based on bad loans. How long was that gonna last. What a fail that was!
**** this...it is futile to get pissed about this ****
Last edited by MACH32V; 05-18-2011 at 05:31 PM.
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05-18-2011, 05:31 PM
#10
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Dude..wake up...Do you actually think Obama did this?? The ecomomy going to **** took place a long time ago!
I am not an Obama nutswinger but he is not the cause of this. Each Administration has done their part to increase the deficit! Just look at Bush..that dude put us in two wars at the same time. WTF was he thinking. He went after Sadaam becuase he had WMD.....where were they...never had them but he sucked us into a costly war with Iraq. There is a douche to be mad at.
You think this is bad now?? I feel bad for the next generation to come up. Each generation inherits more and more debt. Be thankful if you are dead when all this comes to a head..and it is comming. This depession we just had in 2008 & 09 was only a sampler.
I am not an Obama nutswinger but he is not the cause of this. Each Administration has done their part to increase the deficit! Just look at Bush..that dude put us in two wars at the same time. WTF was he thinking. He went after Sadaam becuase he had WMD.....where were they...never had them but he sucked us into a costly war with Iraq. There is a douche to be mad at.
You think this is bad now?? I feel bad for the next generation to come up. Each generation inherits more and more debt. Be thankful if you are dead when all this comes to a head..and it is comming. This depession we just had in 2008 & 09 was only a sampler.
They've both fucked up, but the problems were inherited problems. And there were WMD's in Iraq, a very small amount were found in the beginning, and Saddam's Generals admitted to the larger amount of them that were transported into Syria before we invaded. And beyond that, Saddam needed to be dealt with. The world just needed someone with the will to do it.
05-18-2011, 05:35 PM
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Psssst....Obama spent more in less than 100 days than Bush did in 8 years. And Bush started 2 wars.
They've both fucked up, but the problems were inherited problems. And there were WMD's in Iraq, a very small amount were found in the beginning, and Saddam's Generals admitted to the larger amount of them that were transported into Syria before we invaded. And beyond that, Saddam needed to be dealt with. The world just needed someone with the will to do it.
They've both fucked up, but the problems were inherited problems. And there were WMD's in Iraq, a very small amount were found in the beginning, and Saddam's Generals admitted to the larger amount of them that were transported into Syria before we invaded. And beyond that, Saddam needed to be dealt with. The world just needed someone with the will to do it.
05-18-2011, 05:35 PM
#12
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Besides, Bush ruined our entire country during his 8 year term. That's just why you wont be seeing a Republican president in office anytime in the near future. You republicans are just too embarrassed to admit it.
05-18-2011, 05:37 PM
#14
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05-18-2011, 05:39 PM
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I vote temp-ban for even bringing this type of BS over here. If your bored go read a ******' book or something.
Besides, Bush ruined our entire country during his 8 year term. That's just why you wont be seeing a Republican president in office anytime in the near future. You republicans are just too embarrassed to admit it.
Besides, Bush ruined our entire country during his 8 year term. That's just why you wont be seeing a Republican president in office anytime in the near future. You republicans are just too embarrassed to admit it.
05-18-2011, 05:39 PM
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This actually started in the 70s and 80s with the beginnings of banking deregulation. As deregulation continues the bubbles get bigger, the debt grows and the depressions will grow increasingly worse.
Allowing banks to write 400K "variable rate" mortgages based on capital they only have a tiny fraction of, to people without a hope of paying it back...then reselling the bad mortgages as AAA rated investment securities and insuring those securities because the defaults were inevitable...and they get bonuses instead of jail time...
Allowing banks to write 400K "variable rate" mortgages based on capital they only have a tiny fraction of, to people without a hope of paying it back...then reselling the bad mortgages as AAA rated investment securities and insuring those securities because the defaults were inevitable...and they get bonuses instead of jail time...
05-18-2011, 06:02 PM
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