Sunday, May 22, 2016 2:19:37 PM
So, what caused the economy to go to hell? And I think you mean 8 years to get out of the mess. Things are great where I live, but I think most democrat controlled area's of the country would disagree about getting out of any mess. 10 trillion more in debt. I wonder what kind of bubble that will cause.
Remember, it was a housing bubble that caused the melt down, not the minor recession that triggered the housing bubble to burst. So while it might feel good for a dem or Repub to blame the other, Just remember it is Government in general that caused it. Specifically, I am talking about our government forcing institutions to loan money to people, and then guaranteeing the security of those loans by having Fanny and Freddie(GOVERNMENT) purchase them and sell them to other investors. The Banks would have never stuck there necks out that far without the bribery of the government. Instead government forced them to do it.
As for overseas vendors, they can go F themselves! We should use American vendors.
Remember, it was a housing bubble that caused the melt down, not the minor recession that triggered the housing bubble to burst. So while it might feel good for a dem or Repub to blame the other, Just remember it is Government in general that caused it. Specifically, I am talking about our government forcing institutions to loan money to people, and then guaranteeing the security of those loans by having Fanny and Freddie(GOVERNMENT) purchase them and sell them to other investors. The Banks would have never stuck there necks out that far without the bribery of the government. Instead government forced them to do it.
As for overseas vendors, they can go F themselves! We should use American vendors.
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