1,000,000,000,000

[graphicgr8s]

Originally Posted by little laker

A little off topic, and I wish that I would have taken down the info, however the other day on the news I had heard one Big bank has not only payed back their bailout loan. But also brought in a nice profit.

I really didn't think that any financial institute would pay you guys back.
It's nice to see one making the effort.

Yeah but lets not forget about the banks that were FORCED to take the bailout money.

[graphicgr8s]

This is like deja vu all over again. The banking crisis happened because Barney Frank, Chris Dodd fought for the deregulatio of Freddie and Fannie. Well, it actually started during the Carter administration. Bush tried to bring in the reigns and Barney straight out lied about it. Your head is a little too far buried in the sand. You hate Bush so much you would probably blame him for WWII. It's not an insult it's an observation from all you anti Bush posts. The Federal bailout money? You forget that Nancy Pelosi and her ilk added another 100 billion to the bill for earmark spending. They have proven time and time again that they are NOT good stewards of public funds. And you think that they could effectively manage probably the largest single segment of our economy? How many earmarks are already in the proposal? How many of trillions of dollars will go for anything BUT healthcare? Slo always likes quoting the CBO. Just saw something on a crawl about the healthcare bill that wasn't good. The last 10 years was a democratic spend spend spend congress with a spending President.

[Ratmagiclady]

Frankly, Graphich8s, you're entitled to your own opinion, but not to your own *facts.*

Fannie and Freddie were not the cause of the real estate bubble, nor the crash, nor were they really the 'government' institutions they kinda-pretended to be after just buying the names. In fact, much of the problem was that Bush had deregulated the private sector so much that more stable funds were actually losing value.

(Can you believe he wanted to 'privatize' Social Security by *betting* the whole trust on the very market that crashed?)

If he'd gotten his way, *forget about it.*

I mean, what do you expect of Bush, though, really. He claimed he'd 'run the government like a corporation, ' but his supporters missed out on the fact that he had a history of confidently running corporations into the ground and being handed a shiny new one by Daddy or the Ibn Sauds.

[graphicgr8s]

Originally Posted by Ratmagiclady

Frankly, Graphich8s, you're entitled to your own opinion, but not to your own *facts.*

True. That's why I gave facts that were *published* Your edit has no basis in actual fact or reality.

[Ratmagiclady]

Actually, Graphic, the point is, it really doesn't bear on the whole market turning out to be unsustainable, or Bush policies making *usury* legal didn't have everything to do with the real estate crisis. 'Fannie and Freddie' also used to be a lot less *private* at various points in the past, a distinction which is often glossed over when people want to try to blame Barney Frank for ten years of proudly-stated and aggressively-pursued Republican policy.

[graphicgr8s]

Originally Posted by Ratmagiclady

Actually, Graphic, the point is, it really doesn't bear on the whole market turning out to be unsustainable, or Bush policies making *usury* legal didn't have everything to do with the real estate crisis. 'Fannie and Freddie' also used to be a lot less *private* at various points in the past, a distinction which is often glossed over when people want to try to blame Barney Frank for ten years of proudly-stated and aggressively-pursued Republican policy.

The point is you hate Bush. The banking crap started by NCNB getting sued for not loaning to people who could never repay the note during the Clinton administration. Barney started the deregulation crap, actually he just accelerated it, because his cronies wanted to make more money. And the Obama was a recipient of some of that money. They had all they could loan out to prime borrowers. Couldn't make much more there so they opened up the subprime market and loaned to people who couldn't pay the funds back.

[Ratmagiclady]

Originally Posted by graphicgr8s

The point is you hate Bush.

I can't say I have any great *affection* for the man, but that doesn't mean your hatred of Obama or anything 'liberal' gives you the right to claim he created a deficit Bush did cause an 'odometer' of Bush spending ticked over to a round number from things Bush put in motion happened during his tenure.

You act as though everything was hunky-dory till Obama, and if anything was wrong, it was how Barney Frank managed a somewhat-publicly-owned interest before it was privatized to keep up with some stuff Republicans were doing anyway.

I don't set my watch by Barney Frank, either, but that certainly doesn't mean he's responsible for the doings of the presumptive Republican 'Permanent majority' and 'Imperial Presidency' ... never mind the untrammeled greed of those claiming to represent 'Values Voters' and 'Invisible Hands of The Market.'
Where were those things by the *end* of that Bush Presidency?

Not so bold and proud as coming in. Now you want to blame one Democratic Senator and some emotionalism for Bush's presidency, thumbing his nose at all dissent, doing whatever he felt like, ... not having worked out just spiffy?

Really?

Is that what you think?

[Ratmagiclady]

*laughing, in spite of myself.*

Barney Frank... Did all this.


Really.

Barney Frank.

If he *did,* where were *you,* smart guy?

[graphicgr8s]

How bout these? Or you want more?
Fannie Mae's Patron Saint - WSJ.com
Frank's fingerprints are all over the financial fiasco - The Boston Globe

Fannie, Freddie asked to relax condo loan rules: report | Reuters
Barney Frank and Chuck Schumer’s Role in the Fannie Mae Failure America’s Watchtower
FOXNews.com - Lawmaker Accused of Fannie Mae Conflict of Interest - Politics | Republican Party | Democratic Party | Political Spectrum
Barney Frank: Fannie And Freddie's Lending Standards Are Too High
Barney Frank wants Fannie Mae and Freddie Mac to relax lending standards - CEO Daniel Mudd - Zimbio

[Ratmagiclady]

Are you trying to say that conservatives were opposed to deregulation of our financial sector all along? That one little Senator with a D next to his name was responsible for *all* of the ten years of Republican-controlled policies? Is that what you're trying to say?

Barney Frank did it all?

Funny...

I mean, even if you *could* assign blame to one Democrat, after all that time of supposedly controlling the government, it doesn't seem the *ever-watchful against corporate financial excess* Republicans were very *effective,* does it? All that power, and they couldn't stop that madman Frank, that they of *course* railed against as being opposed to responsible management of the economy... Ten years, and they couldn't do it. Maybe they weren't suited for office, if they couldn't stop such a petty tyrant as Frank, who pulled *all* those economic strings, *made* the GOP talk about 'Invisible Hands of the market' and 'voluntary regulation by the greediest in sociaty...' (Mad, mad Democratic idea... So pernicious that the GOP was *helpless, *helpless, I say... * to resist... )

It was all Barney Frank's fault. He *made* you do it.

Riiiiight.

*waving an arm rhetorically* For we do our Republic a great wrong to discount the manner in which thismember of our legislature's minority party insidiously, and *unnaturally* *Bewitched! Bewitched, I say,* those otherwise selfless and socially-responsible conservatives.... Fooling them into their own conservative anti-regulatory agenda, in order to...


Make it appear as though Bush and a Republican congress was doing what it constantly (was made to, the poor wretches) *said it was doing and wanted to do and still wants to do more of, despite utter failure...*


Nay, citizens, do not be fooled... The Republicans are the good guys, and when what they did didn't work before, it was Barney Frank's fault, and Obama's... Err, Therefore, it falls to all of us to demand they do it more, cause it'll work, this time, now that we can blame Obama for Barney Frank... Yes, now that we know the secret of this grand manipulation, more of the same will begin to work *great,* you'll see!

Cause if we can blame someone *else* for what we do failing spectacularly, that means we're Right, and everything ought to go wonderfully when we try doing it *more!* Simple logic!

[graphicgr8s]

Originally Posted by Ratmagiclady

Are you trying to say that conservatives were opposed to deregulation of our financial sector all along? That one little Senator with a D next to his name was responsible for *all* of the ten years of Republican-controlled policies? Is that what you're trying to say?

Barney Frank did it all?

Funny...

I didn't say it. 7 links above do.

[Ratmagiclady]

Originally Posted by graphicgr8s

I didn't say it. 7 links above do.

If that's so, I should vote for Republicans *why,* again?

If the satire above didn't get it across, you're taking the 'wimp factor' to a whole new level?

And, Oh, yeah. None of this has anything to do with you claiming Obama spent money that Bush did.

[graphicgr8s]

Bush and McCain each tried to reform Fannie Mae. Democrats Blocked them both times. American Elephants
Bush Called For Reform of Fannie Mae & Freddie Mac 17 Times in 2008 Alone Only To Have Dems Ignored His Warnings :: Political News and commentaries :: Hyscience

Bush Proposed Fannie Mae / Freddie Mac Supervision In Sept 2003

Is 3 enough or do I need more? After all it is getting late and I need to go to work in the morning. Millions on welfare are counting on me.

Let's not forget that the Obama when a senator voted present 1/2 the time and was campaigning the other 1/2

[deadwolfbones]

Ah, articles from sites with 'Islamofascism' categories. Excellent.

[graphicgr8s]

Originally Posted by deadwolfbones

Ah, articles from sites with 'Islamofascism' categories. Excellent.

Yep the Wall Street Journal Fox etc. I know I know if it ain't CNN it aint crap to you.
Some of these articles were in Pravda West. (St. Pete Times)
More Kool-Aid?