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The Political Forum Discuss anything related to politics in this forum. World politics, US Politics, State and Local.

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Old 07-22-2016, 10:30 AM   #16
RALPHEY BOY
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I normally do not do this but Sassy you are the most ignorant person I have come across on this forum...

1. BILL CLINTON CAUSED THE HOUSING CRISIS!!! PERIOD!! it all started in 1995 when he sent his DOJ Goons to Freddie, Fannie and Banks under the guise of the CRA and told them to start buying up shitty Mortgages or the DOJ would sue, BUSH HAD NOTHING TO DO WITH THIS

2. Bush is fault for 9-11 THAT IS A FUKING JOKE!! Obama Bin Laden knew since Clinton was a pussy and pussy lover he would not do anything. 911 was planned intially to be done during Clinton's admin... and show me these repeated warnings about 911? he knew about?

the rest I will give you....
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Old 07-22-2016, 02:21 PM   #17
JD Barleycorn
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Yep, Jimmy Carter hands down the worst but Obama is going to give him a run. I understand that Jimmy is quite happy with Obama. Gets him off the bottom.
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Old 07-22-2016, 03:08 PM   #18
CuteOldGuy
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Obama makes Carter look like Thomas Jefferson. Carter was a much better President than Obama. Carter was ineffective, but he had some good ideas. Obama has almost no good ideas and is exponentially more corrupt than Carter could ever imagine being.
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Old 07-22-2016, 07:48 PM   #19
flghtr65
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Quote:
Originally Posted by SassySue View Post
He's from a very red state and he's certainly not my favorite.

Here's the article:

https://soapboxie.com/us-politics/Th...erican-History

Don't feel bad, Obama's second (in the last 50 years, that is).
I have stated point #5 before. Bush43 left the USA in the Steepest recession since the Great Depression of 1929. From the link:

5. Bush Gave Us the Worst Economic Crisis since the “Great Depression"

While the economy always has ups and downs, it is exceedingly rare for a president to preside over two economic recessions during their term in office. The economic collapse of 2008 was the worst since the Great Depression and required taxpayers to spend nearly a trillion dollars to bail out the financial industry. In fact, former Federal Reserve Chairman Ben Bernanke claims that the economic collapse of 2008 was actually worse than the Great Depression in some respects. By the time Bush left office, economists were predicting 20% unemployment within a few months.
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Old 07-22-2016, 08:20 PM   #20
SassySue
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Quote:
Originally Posted by flghtr65 View Post
I have stated point #5 before. Bush43 left the USA in the Steepest recession since the Great Depression of 1929. From the link:

5. Bush Gave Us the Worst Economic Crisis since the “Great Depression"

While the economy always has ups and downs, it is exceedingly rare for a president to preside over two economic recessions during their term in office. The economic collapse of 2008 was the worst since the Great Depression and required taxpayers to spend nearly a trillion dollars to bail out the financial industry. In fact, former Federal Reserve Chairman Ben Bernanke claims that the economic collapse of 2008 was actually worse than the Great Depression in some respects. By the time Bush left office, economists were predicting 20% unemployment within a few months.
Amen! And Obama keeps getting blamed for all the debt. TARP was signed into law by Bush. It wasn't actually implemented until Obama took office. TARP is still ongoing and adding to the national debt today. It was one of the many policies already in place when Obama took office, as well as the Bush tax cuts. Obama extended the Bush tax cuts for one year after he took office, which was very generous, but was a bad idea, considering it only added to the growing deficit Bush left.
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Old 07-22-2016, 08:22 PM   #21
I B Hankering
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Quote:
Originally Posted by flghtr65 View Post
I have stated point #5 before. Bush43 left the USA in the Steepest recession since the Great Depression of 1929. From the link:

5. Bush Gave Us the Worst Economic Crisis since the “Great Depression"

While the economy always has ups and downs, it is exceedingly rare for a president to preside over two economic recessions during their term in office. The economic collapse of 2008 was the worst since the Great Depression and required taxpayers to spend nearly a trillion dollars to bail out the financial industry. In fact, former Federal Reserve Chairman Ben Bernanke claims that the economic collapse of 2008 was actually worse than the Great Depression in some respects. By the time Bush left office, economists were predicting 20% unemployment within a few months.
And which president was it that repealed Glass-Steagall precipitating that crisis, flighty? That's right, flighty, it was Slick Willie the Perjuring Sexual Predator who repealed Glass-Steagall and Slick Willie the Perjuring Sexual Predator who extorted financial institutions with the Community Reinvestment Act to make bad risk loans to people who couldn't afford to pay them back, and that, flighty, precipitated the financial crisis.
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Old 07-22-2016, 10:04 PM   #22
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Ignore.
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Old 07-26-2016, 11:33 PM   #23
flghtr65
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Quote:
Originally Posted by SassySue View Post
Obama extended the Bush tax cuts for one year after he took office, which was very generous, but was a bad idea, considering it only added to the growing deficit Bush left.
Obama did extend the Bush Tax cuts for one year when they were set to expire. The Bush Tax cuts for the 6 lowest tax brackets are still in effect. They became permanent 1/1/13. The tax percentage for the 7th bracket went from 36% back 39.6% (The same percentage that Clinton had it at). Obama had campaigned that he would not raise taxes on the middle class. By keeping the Bush Tax cuts for the 6 lowest brackets, he kept that promise.

From the link:

Before the tax cuts, the highest marginal income tax rate was 39.6 percent. After the cuts, the highest rate was 35 percent. Once the cuts were eliminated for high income levels (single people making $400,000+ per year and couples making $450,000+ per year), the top income tax rate returned to 39.6 percent.


https://en.wikipedia.org/wiki/Bush_tax_cuts
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