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

To: Intrepid1 who wrote (1107438)	12/31/2018 4:44:51 PM
From: ryanaka	3 Recommendations Recommended By bentway Fiscally Conservative Mongo2116 Read Replies (1) \| Respond to of 1583515

Some of the rightwing tRumptards who are regulars on this thread are among the 10.3 Million white males who received the food stamps. They will soon lose this benefit. Their cult lord just cut it.

To: Intrepid1 who wrote (1107438)	12/31/2018 5:39:01 PM
From: bruwin	Read Replies (1) \| Respond to of 1583515

Firstly, I would agree with you that GW Bush was a War Monger .... I suspect that there were those "behind his throne" that wanted America to go into Afghanistan for reasons other than aspects related to "9/11", and he, basically, just did as he was directed to do ... but that's another story .... However, when it comes to .... " ... (Obama and)his administration did a decent job stabilizing a melting economy",.... the actions that started that "rescue operation" BEGAN BEFORE OBAMA ENTERED THE WHITE HOUSE. So he did not initiate that action ... IT WAS ALREADY WELL UNDER WAY ... Here's what I posted in August 2018 in reply to one of the Morons on this Board .... Message 31767829 And this is what it contained .... --------------------------------------- The financial crises, which reached its head round about 2007/2008, was as a result of the Subprime Mortgage crises that resulted in crap securities being "packaged" and distributed/traded within the banking/mortgage business. When defaulting on mortgage loans reached epic proportions no one knew for sure what those "assets" were worth on the bank's books. One of the main losers in the banking world was Lehman Brothers that went down the tube. It was in September 2008 that Treasury Secretary, Henry Paulson, went to Congress and asked them to approve a $700 billion bailout to buy mortgage-backed securities that were in danger of defaulting. By doing so, Paulson wanted to take these debts off the books of the banks, hedge funds and pension funds that held them. The goal was to renew confidence in the functioning of the global banking system, which had narrowly avoided collapse. Your "previous president", (i.e. Obama), only took office in January 2009. By that time, the "rescue effort" was well underway already by people who actually knew what was necessary to be done to get the American financial system out of the fertilizer. Your "previous president" (i.e. Obama) is a lawyer by profession. I very much doubt that he would have known anything about how best to rescue the American financial system/economy from impending disaster .... the best he could do was to look on and learn and let others get on with it .... ----------------------------------------