Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (927950)	3/27/2016 6:06:11 PM
From: i-node	1 Recommendation Recommended By locogringo Read Replies (3) \| Respond to of 1576627

That is the biggest bullshit post I've ever read. 2008 was caused by the CRA which ended up lowering the standards for lending right up until the day of collapse. Bush fought against the reduced lending standards from the the time he took office, well documented efforts. Barney Frank says, "I don't see the problem. If it becomes one we'll deal with it." That that bastard did was to get his butt out of Congress along with Chris Dodd, the two of whom were totally complicit. All the points in your post are total bull. The WARS caused the crash? That is utter nonsense. And I don't think you're that stupid to fall for such a remark. I think you know better. And OSHA regulations? Seriously? That is just ridiculous. Scraping the bottom of the barrel trying to blame Bush for something he clearly had nothing to do with, other than making sure it was cleaned up before he left office, which he did.

To: 2MAR$ who wrote (927950)	3/28/2016 3:20:16 PM
From: TimF	2 Recommendations Recommended By 2MAR$ TideGlider Respond to of 1576627

Sweeping deregulation didn't happen in the year leading up the financial crisis and recession. Blaming a recession on tax cuts is just ridiculous. The extra federal debt is bad long term but didn't cause the financial crisis, also a large majority of it wasn't because of wars or anti-terrorism efforts, most of the spending was on social programs. Most homeowners who "were left in the lurch" when Bush was president, where in a similar situation with Obama. As for either lack of heightened enforcement of OSHA regs as a source of a recession that doesn't pass the laugh test.