Posted on 09/15/2018 7:36:39 AM PDT by yesthatjallen
Why is the Gop not Running on Stopping Nancy Pelosi
from destroying the economy again like she did in 2008 ?
That a Great 2018 midterm AD .
Gop are you listening here ?
I have always believed it was intentional and orchestrated.
I remember a congressman, from Pennsylvania I think, that came forward and stated that someone was making a run and selling off stocks or something and Bush closed the markets early. He gave one interview and was silent after that. FReepers figured it was Soros that precipitated the crash and the CongressCritter was silenced..
Yes Bush was President, but the Congress was Democrat. Before this event, McCain was still leading in the polls. When this happened, McCain suspended his campaign to go to DC and vote in the Senate to fix this. Obama, oh so coolly, announced ‘if they need me, they can call me’. Obama immediately rose in the polls and the rest is history. Does anyone think Obama didn’t know what was going on?? His pResidency was orchestrated to give the Globalists all the power. I’m hoping his 8 years wasn’t enough and we can rise like a Phoenix from the ashes of his destructive pResidency. Trump has made a good start.
Democrats, Democrat policies, Democrat inaction, and Democrats telling Republicans they were lying about a coming financial crisis - even calling it a “lynching.”
https://www.youtube.com/watch?v=cMnSp4qEXNM
https://www.youtube.com/watch?v=ebWJ892h5dA
https://www.youtube.com/watch?v=90X74V-hS7U
https://www.youtube.com/watch?v=BMPPGlOpUiM
I remember when McCain stopped campaigning to rush back to DC.
I thought at that time - after this this crisis and the Obama cult of personality, he doesn’t have a chance against the “hope and change” express.
It started when someone withdrew billions from the money market in the space of two hours.
It was a financial attack, an act of war that then president Bush mentioned.
And then it was quickly covered up.
Putting that aside, the economic collapse began when Nancy Pelosi's democrats took over the HoR in 2006. People saw what was coming and in natural self preservation began the contraction in economic activity.
There are no coincidences. Cui bono?
Yep. Can’t remember his name, but I do remember he was a Democrat. He’s no longer in the Congress (surprise, surprise).
I predict that eventually the student loan issue will result in loans being written off. It could happen in stages. For example, they could first change bankruptcy laws so that student loans can be discharged in bankruptcy. Then, decisions could be made for loan repayments to be limited to a small percentage of their income, with the rest being written off.
When people such as that Ocasio-Cortez woman get in positions of power, a mindset that these poor students shouldn’t have to repay, will result in policy decisions which wipe out their loan debt.
George Soros was behind it I’m sure. He’s done this before, wanted in Hungary and other countries.
“Destroying America will be the culmination of my life’s work”
He’s tanked the currencies in several countries.
Democrats, Democrat policies, Democrat inaction, and Democrats telling Republicans they were lying about a coming financial crisis - even calling it a “lynching” of Franklin Raines to suggest anything was wrong.
https://www.youtube.com/watch?v=cMnSp4qEXNM
https://www.youtube.com/watch?v=ebWJ892h5dA
https://www.youtube.com/watch?v=90X74V-hS7U
https://www.youtube.com/watch?v=BMPPGlOpUiM
I think he gave one interview about it, there used to be video, then he disappeared.
“Wait till the school debt crisis hits. At least with real estate there was a building left to sell.”
Absolutely. Giving student loans to heads full of mush majoring in creative writing, ethnic studies, or just about any other “humanities” with no prospect of them being able to repay it is way worse than no-down, interest only liars loans to people with no or part time jobs.
I listen to Dave Ramsey every so often and the number of people calling in saddled with huge student loans is stunning.
I wonder what the red flag will be warning the bubble is about to burst.
If the degrees being handed out were worth the paper they are printed on this wouldn’t be an issue. If it is a good investment, you would have the income as a result of the degree to pay the loans.
The author is knowledgeable about economics so his chatter sounds like it must be informed. Your analysis is correct however and his is wrong.
Government forced sub-prime market collapsed and then hidden killer trades and movements to kick the wobbly legs and bring it all down. Lots of misdirection since.
The price tag for the Wall Street bailout is popularly put at $787 billion—---the actual size of TARP--the Troubled Assets Relief Program. But TARP is just the best known program in an array of more than 30 overseen by Treasury Department and Federal Reserve that have paid out or put aside untraceable money to bail out financial firms and inject money into the markets.
To get a sense of the size of the real $14 trillion bailout, see MJ chart at web site. A guide to the pieces of the puzzle includes massive untraceable Treasury Department bailout programs.
Money Market Mutual Fund: In September 2008, the Treasury controlled by Obama/Emanuel announced that it would insure the holdings of publicly offered money market mutual funds. According to the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), these guarantees could have potentially cost the federal government more than $3 trillion [PDF].
Public-Private Investment Fund: This joint Treasury-Federal Reserve program bought toxic assets from banks and brokerages—as much as $5 billion of assets per firm. According to SIGTARP, the government's potential exposure from the PPIF is between $500 million and $1 trillion [PDF].
TARP: As part of the Troubled Asset Relief Program, the Treasury controlled by Obama/Emanuel made loans to or investments more than 750 banks and financial institutions. $650 billion has been paid out (not including HAMP; see below). As of December 21, 2009, $117.5 billion of that has been repaid.
Government-sponsored enterprise (GSE) stock purchase: The Treasury controlled by Obama/Emanuel bought $200 million in preferred stock from Fannie Mae and another $200 million from Freddie Mac [PDF] to show that they "will remain viable entities critical to the functioning of the housing and mortgage markets."
GSE mortgage-backed securities purchase: Under the Housing and Economic Recovery Act of 2008, the Treasury controlled by Obama/Emanuel may buy mortgage-backed securities from Fannie Mae and Freddie Mac. According to SIGTARP, these purchases could cost as much as $314 billion ---SNIP---.
LONG READ---go to web site to read more and checkout the shocking financial charts.
SOURCE http://motherjones.com/politics/2009/12/behind-real-size-bailout
I have always thought this was engineered by the Dems as their ‘October surprise’.
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