Socialism

[catmando]

It's kind of hard to blame Greenspan for a forced loan program mandated by Congressional Democrats. Even Clinton, who started it, said it got rediculously out of control.

Clinton started Medicare??? Surely you're joking Mr. Ratickle;

From Wiki;

Medicare is a social insurance program administered by the United States government, providing health insurance coverage to people who are aged 65 and over, or who meet other special criteria. Medicare operates as a single-payer health care system.[1] The Social Security Act of 1965 was passed by Congress in late-spring of 1965 and signed into law on July 30, 1965, by President Lyndon B. Johnson as amendments to Social Security legislation. At the bill-signing ceremony President Johnson enrolled former President Harry S. Truman as the first Medicare beneficiary and presented him with the first Medicare card.

 

[cuda]

A little creative editing, eh Cat?

Cat is like getting poison oak, don't scratch it, and it will go away.

 

[catmando]

A little creative editing, eh Cat?

Cat is like getting poison oak, don't scratch it, and it will go away.

Why waste bandwidth, that short paragraph showed he was wrong. That's all I needed to do.

 

[Ratickle]

Clinton started Medicare??? Surely you're joking Mr. Ratickle;

You said you hoped Greenspan lost his azz in the crash. The only crash he could be remotely blamed for is the housing crash.

Almost every expert will tell you the housing crash was started by defaults on loans made to people who could not afford or qualify for, (Sub-Prime), the loans they received.

And those loans were pushed through in a program started by Clinton and mandated for increases by the Dems in control of Congress.

Surely you don't blame Greenspan for the failings of Medicaid/Medicare? How is that remotely possible?

 

[rbhudelson]

Almost every expert will tell you the housing crash was started by defaults on loans made to people who could not afford or qualify for, (Sub-Prime), the loans they received.

And those loans were pushed through in a program started by Clinton and mandated for increases by the Dems in control of Congress.

See http://www.seriousoffshore.com/forums/showthread.php?t=5517 . It is the 1999 New York Times article telling of the potential risk of the sub prime credit issue. It was a Clinton program.

 

[catmando]

See http://www.seriousoffshore.com/forums/showthread.php?t=5517 . It is the 1999 New York Times article telling of the potential risk of the sub prime credit issue. It was a Clinton program.

...and continued by bu$h.

 

[BBB725]

...and continued by bu$h.

Your correct Bush did everything he's to blame for everything.:biggrinjester:

 

[Ratickle]

...and continued by bu$h.

Your correct Bush did everything he's to blame for everything.:biggrinjester:

Yep, that's why it's snowing up here today... :sifone:

 

[Tinkerer]

Just remember the President can write the shopping list but Congress has the credit card.

 

[Tinkerer]

Last time I looked they were mostly Dems and just about all Liberal.

 

[Ratickle]

Just remember the President can write the shopping list but Congress has the credit card.

Last time I looked they were mostly Dems and just about all Liberal.

That's why the economy was pretty good up till two years ago, then the Dems took over both houses and, as they say, the rest is history. Didn't take em that long:ack2:

 

[rbhudelson]

See http://www.seriousoffshore.com/forums/showthread.php?t=5517 . It is the 1999 New York Times article telling of the potential risk of the sub prime credit issue. It was a Clinton program.

...and continued by bu$h.

True, it was continued by Bush. But, lets just say the W and his administration were on the ball enough to have caught and made an effort to (fix) the problem. The only way to have fixed the problem is to deny those folks loans. I'm sure the democrats in congress would have said good catch W, if left alone that would have eventually been the hub of the largest global financial meltdown since the depression.

No, they would have screamed bloody murder. Thats the trouble with getting these types of things started. it is so politically hard to take them away.

 

[cuda]

Why waste bandwidth, that short paragraph showed he was wrong. That's all I needed to do.

I'm sure that's the purpose of your edit. You don't mind wasting bandwith on other mindless drivel, or a favorite buzzword of yours. You're right, it must have been Bu$h.