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Forums - General - How the Democrats Created the Financial Crisis

NinjaguyDan on 22 September 2008

(Kevin Hassett, director of economic-policy studies at the American Enterprise Institute, is a Bloomberg News columnist. He is an adviser to Republican Senator John McCain of Arizona in the 2008 presidential election. The opinions expressed are his own.)

American Enterprise Institute = LYING SACKS OF RIGHT-WING SHIT!

Of course someone who belongs to a right-wing think tank is going to lie his ass off and blame the Democrats, it's his job.

Note the disclaimer I bolded.



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Gnizmo on 22 September 2008

Alternate thread title: Why having a two part system is fucking retarded.

Blaming Democrats or Republicans is idiotic. It was poliy and personal from both parties that have led us here. The sooner people accept that one party isn't automatically better than the other, the sooner we might get a president who has the best claims to help the US.



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Jackson50 on 22 September 2008
koffieboon said:
I'm not a real expert when it comes to US politics, but didn't the Republicans have a majority in both the House of Representatives and the Senate in 2005 as well as the president. How can Democrats even block anything if Republicans really want to push it through?

 

There are ways to block legislation. In the Senate, you can fillibuster a bill to prevent its passage. Of course, Senate rules stipulate that a three-fifths supermajority of all Senators sworn in may invoke cloture to end the fillibuster.



Timmah! on 22 September 2008
NinjaguyDan said:

(Kevin Hassett, director of economic-policy studies at the American Enterprise Institute, is a Bloomberg News columnist. He is an adviser to Republican Senator John McCain of Arizona in the 2008 presidential election. The opinions expressed are his own.)

American Enterprise Institute = LYING SACKS OF RIGHT-WING SHIT!

Of course someone who belongs to a right-wing think tank is going to lie his ass off and blame the Democrats, it's his job.

Note the disclaimer I bolded.

 

Wow, you just stated an opinion with NO FACTS to back it up, did not bother to actually debate any of the facts in the article, and smeared not only the writer, but an organization as 'SACKS OF RIGHT-WING S@#$' with, like I said, no basis at all.

Typical debate method by your kind, smear the author and the source, but don't debate the issues.

That has to be one of the most pathetic attempts at a post I have ever seen here.

Total trolling by every sense of the word.



That Guy on 22 September 2008
ManusJustus said:
How Democrats created the financial crisis?

They got beat by the Republicans in elections.

 

lolololol

 

so let me get this straight. Timmah is blaming the democrats for not wanting to regulate the market? I thought non-regulation was a conservative thing.



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akuma587 on 22 September 2008

I similarly lost respect for Ben Stein after I saw how prosecutory he was toward evolution. I mean its fine if you are religious, but it becomes more difficult everyday to make a convincing case against evolution.



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It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...."  Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson

Timmah! on 22 September 2008
That Guy said:
ManusJustus said:
How Democrats created the financial crisis?

They got beat by the Republicans in elections.

 

lolololol

 

so let me get this straight. Timmah is blaming the democrats for not wanting to regulate the market? I thought non-regulation was a conservative thing.

 

The article posted blames the democrats for not supporting a piece of legislation that could have averted the crisis. The Republicans saw trouble coming and tried to stop it, the Democrats blocked that legislation. Regardless of who traditionally supports regulation, that's what happened.

And I am not personally blaming only Democrats for the problem. This is a huge problem that took years and years, combimed with two corrupt parties to create. I simply posted the article because I've been hearing so many people blame the Republicans for this whole mess.



loy310 on 22 September 2008

The Republicans have been in power for the past 8 years, who else do you want to blame? How can anyone spin this?



The_vagabond7 on 22 September 2008
loy310 said:
The Republicans have been in power for the past 8 years, who else do you want to blame? How can anyone spin this?

 

Did you not even read the article?



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HappySqurriel on 22 September 2008
loy310 said:
The Republicans have been in power for the past 8 years, who else do you want to blame? How can anyone spin this?

 

Much like the mistakes an individual makes in their personal finances, the mistakes a government makes when managing the ecconomy may take decades to become problems. If you look back at the history of what has lead us to the position we're currently in, there are tons of Democrats and Republicans, public and private institiutions, and well respected individulas who made mistakes. Sometimes it takes a repo-man at a person's door 6 months before they're supposed to retire to make them understand the gravity of their mistakes.