Ping to # 78.
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Maxine Waters looking like she went 15 rounds with Rocky Marciano.
Posted on 11/01/2018 5:03:57 PM PDT by kevcol
Waters, who could be the next chair of the Financial Services Committee if Democrats win control of the House, drew applause as she noted that “most of the members of the Congressional Black Caucus will be chairs” of congressional committees following an election win.
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“I will be the first African-American, the first woman to chair the powerful Financial Services Committee,” she continued.
“That’s all of Wall Street. That’s all the insurance companies, that’s all the banks. And so, of course, the CEOs of the banks now are saying, ‘What can we do to stop Maxine Waters because if she gets in she’s going to give us a bad time?’” Waters went on.
(Excerpt) Read more at bizpacreview.com ...
The collapse was inevitable. However:
Once the Democrats swept back into power in 2006, they fought to a stalemate all the Bush efforts to reform Freddie Mac and Fannie Mae, promised to raise taxes and impose huge new regulatory burdens on our economy. Expectations are rational, and the overwhelming excess of the Reid/Pelosi Congress strangled the aspirations of our nation’s businesses, and the impending election of Barack Obama was too much for the markets to take; months before the 2008 election, the bottom fell out of the markets and our economy in direct anticipation of the economic horrors to come.
So no, Waters and her ilk did not cause the Great Recession, that was inevitable. But there was a somewhat bipartisan effort to make the aftermath as painfull as possible. We had the slowest economy recovery in history thanks to both the Democrats in power and the RINOs who went along with a combination of big bank bailouts and economic punishment for all businesses.
Republicans need to get an ad out ASAP. She’s threatening to bring down our economy out of vengeance
I’m glad she says the truth.
THIS is their economic plan.
R O F L
!
“So no, Waters and her ilk did not cause the Great Recession, that was inevitable.”
Oh, Palmer.
Yes they did cause the Economic Meltdown.
The Timeline Project / Link List of Bailout History [and meltdown]
http://www.freerepublic.com/focus/f-bloggers/2093845/posts
[Plenty about Fannie/FReddie]
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GW Bush tried to rein in bad loans. His administration was shouted down as ‘racist’, so he caved. Maxine and her buddies were the ones who defended FAnnie/FReddie.
THAT was why Bush needed to leverage bad debt — to hide the impending crisis. The ROOT of the problem was the bad debt scheme.
Some RINOs were actually patriots who were ‘snake charmed’ by consultants. I don’t know which ones to trust yet, but if that many RINOs really were evil enough to deliberately harm the economy, then Trump would have been impeached and removed over ‘Golden Showers’.
I hope she is thoroughly investigated by everyone. She must have ‘business’ dealings outside of DC and California, hopefully in a state with an honest Attorney General.
“...do the Winnie Mandela necklacing thing if she could....”
You can only get away with that when people don’t shoot back.
The bad loans were at the root as you say, but those bad loans were not just a couple government programs. The entire housing bubble, the refinancing for new granite kitchens, the flippers, the DC suburb tear-downs for $1,000,000, along eveerything in the timeline, were going to cause a crash. There was no way around a crash. Certainly nothing the inept McCain would have or could have done.
Dems are evil. RINOs are stupid. That's been true for decades.
You have to want the demons out of you for them to be cast out. Not sure this Jezebel does.
All the Wall Street metrosexuals will still vote Democrat, idiots.
Maxine ‘There’s nothing wrong with Freddie and Fannie’ Waters.
Yes.
Loosing the house would be bad (we won’t) but not as awful as some think.
Loosing the house and senate would still need veto proof majorities to roll back what’s been done up to now.
None the less, VOTE VOTE VOTE!
Excellent point. And to do it with relish.
You are right. The Dems greatest weakness is that they continue to show their true, ugly colors and normal, decent people don’t like what they’re seeing.
Maxine is old and getting older.
For her, it’s now or probably never. She’s paid her dues. Played the colored role. Earned her chairmanship
Alas..... she will not get her vindictive revenge on the man
It would be even better if people vote next Tuesday!
Any Republican who doesn’t vote should be ashamed. And of all years, this is the year people should not vote third party.
Ping to # 78.
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Maxine Waters looking like she went 15 rounds with Rocky Marciano.
Seems all the democrats are thugs... what a horrible end to a once proud party.
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