Trump - Will he be in again?

[storm rider]

I can't believe you guys never check your facts. Obama had the financial crisis to deal with. Trump was handed a good economy, he just hasn't screwed up yet. On the other hand, he gave millionaires and billionaires a huge break and peanuts to the average joe.

Also Trump had control of the house and lost it. It is possible he might regain but not guaranteed.

Obama bailed out the banks and wall street companies to the tune of 1 trillion.The "financial crisis" came about because of the housing bubble....a housing bubble was created when the values of homes grew real fast and unqualified buyers bought them and then remortgaged them to spend money on shit they did not need and ALL of that borrowing was leveraged into ABCP....Asset Backed Commercial Paper.....investments backed by loans that went under water when the homes puchased with say5% down and went up 100% and then the home owner goes into debt by say 70% more on the projected value of the home but the value TANKS down to 50% of the original purchase price.....yeah then guy holding the bag walks away which is what happened.....and all of the poeple that bought ABCP get a shit sandwich that they have to eat.

SR

 

[Diablo]

So what was Obama supposed to do? Let them fail? (I thought he should have let them fail as a moral argument but more than likely they would have still been in recovery mode now).

Also who brought these policies? Obama started as president in 2009. The sub prime crisis started in 2007.

 

[masterblaster]

It pains me like a dimesized asspimple to say so but that's what I think too.

He wants this unpopular Southern border wall. For $4Bill, prob more. If not that then what? The border is separated by nothing but the Rio Grande and Colorado Rivers for 1500 miles. 1000 illegal entrants used to cross every day. Now its more like 3000. If you don't want the wall then propose a better solution. Nobody does.

He killed General Soleimani with an Air Force drone strike. The guy was evilness personified. A justifiable homicide. Can you imagine Elizabeth Warren ordering that?

A few months ago he was being challenged by a reporter for withdrawing more troops from Afghanistan. He said in a famous Trumpian soundbite: "I like peace. I like peace." I actually believe him in that quote. A tremendously good attitude for a president.

If his handlers could wean him off Twitter he'd be a shoe-in for reelection.

The Colorado River defines the US Mexico border for less than 25 miles.

 

[westwoody]

more voters feel like rejecting both sides at the same time.

For a lot of people in the US, life sucks and nobody seems to care. Over 100 million didn't vote in 2016!
Trump comes along and rocks the establishment, so these people think Why Not?
Americans like a strong leader, almost a father figure, guiding and protecting them.
Trump is definitely a man in charge. He might be a liar but he says what they want to hear. The Dems have nobody like him.
They don't vote for Trump because they like him.
They vote for him because they dislike him less than the other guy.

 

[jgg]

...They don't vote for Trump because they like him.
They vote for him because they dislike him less than the other guy.

Shiniest of two turds.

 

[Thehouse]

So what was Obama supposed to do? Let them fail? (I thought he should have let them fail as a moral argument but more than likely they would have still been in recovery mode now).

Also who brought these policies? Obama started as president in 2009. The sub prime crisis started in 2007.

I used to think like that as well-let them fail,they mismanaged their loans and should pay the price.

But the banks had all their mortgages insured by Insurance Companies against defaults-if the banks had been allowed to make claims ,forcing the insurance companies to pay up-the crisis would have been so much bigger because the Insurance companies them selves would have gone bankrupt.

I think Alan Greenspan had relaxed the rules on financial borrowing and other things too much ,he began doing that under the Clinton Administration. Which resulted in the "we can loan money to anyone attitude"

 

[Thehouse]

Obama bailed out the banks and wall street companies to the tune of 1 trillion.The "financial crisis" came about because of the housing bubble....a housing bubble was created when the values of homes grew real fast and unqualified buyers bought them and then remortgaged them to spend money on shit they did not need and ALL of that borrowing was leveraged into ABCP....Asset Backed Commercial Paper.....investments backed by loans that went under water when the homes puchased with say5% down and went up 100% and then the home owner goes into debt by say 70% more on the projected value of the home but the value TANKS down to 50% of the original purchase price.....yeah then guy holding the bag walks away which is what happened.....and all of the poeple that bought ABCP get a shit sandwich that they have to eat.

SR

That's right the ABCP....Asset Backed Commercial Paper was thought to be almost as safe as a GIC.
The sales pitch was "these ABCP was using people's mortgages as collateral-what guy in is right mind will default on his home mortgage?"
They sold like hotcakes all over Europe and even our Royal Bank of Canada advised us Canadians to buy them.
Holding an empty paper bag that was supposed to be holding cold,hard cash. Ouch.

 

[badbadboy]

I used to think like that as well-let them fail,they mismanaged their loans and should pay the price.

But the banks had all their mortgages insured by Insurance Companies against defaults-if the banks had been allowed to make claims ,forcing the insurance companies to pay up-the crisis would have been so much bigger because the Insurance companies them selves would have gone bankrupt.

I think Alan Greenspan had relaxed the rules on financial borrowing and other things too much ,he began doing that under the Clinton Administration. Which resulted in the "we can loan money to anyone attitude"

The problem with the mortgages and the bonds they were put into first started during the Reagan Administration. Under the guise of getting big government out of the way so banks and insurance companies like Fanny Mae could operate without impediment. Every President after Reagan further relaxed the regulations and Obama was the one without a chair when the music stopped.

The Big Short is an excellent movie that shows how all the players - Big Banks, Brokerage firms and the mortgage industry had a hand in the failure.

This scene accurately shows how they made up the bonds that were rated AAA but were actually filled with dog shit.

 

[licks2nite]

The problem with the mortgages and the bonds they were put into first started during the Reagan Administration. Under the guise of getting big government out of the way so banks and insurance companies like Fanny Mae could operate without impediment. Every President after Reagan further relaxed the regulations and Obama was the one without a chair when the music stopped.

The Big Short is an excellent movie that shows how all the players - Big Banks, Brokerage firms and the mortgage industry had a hand in the failure.

This scene accurately shows how they made up the bonds that were rated AAA but were actually filled with dog shit.

My take on the financial crisis of 2008 is that Jimmy Carter created the "Community Reinvestment Act" that required that U.S.banks lend to sub-prime borrowers, i.e. food stamps count as income. The banks didn't pay too much attention to Carter since the Act at that time didn't have penalties for non-compliance. Bill Clinton came along and put teeth in the Community Reinvestment Act since government was now backing the sub-prime loans. Since all the sub-prime mortgage loans were now assured by the Triple A rated Government of the United States of America, bankers rated the sub-prime borrowers as AAA as well. U.S. bankers didn't go to jail for packaging sub-prime borrowers with real AAA rated borrowers and were acting according to U.S. law.

 

[Shakerod]

I can't believe you guys never check your facts. Obama had the financial crisis to deal with. Trump was handed a good economy, he just hasn't screwed up yet. On the other hand, he gave millionaires and billionaires a huge break and peanuts to the average joe.

Also Trump had control of the house and lost it. It is possible he might regain but not guaranteed.

Obama didn’t have four years of being spied on and investigated by Bush. All of your arguments can be countered in the left/right paradigm reality show. It just depends on who’s truths you want to believe. Can you prove that the stock market would have doubled under Hillary? Pretty hard to do when she never got the opportunity. Is it better to give people that create jobs in your country a tax break, or would you rather have them leave the country and pay zero taxes, and create jobs for other countries? No brainer to me. Obama lost the house and the senate in 2014.

 

[masterblaster]

Trump is a bully and a coward. I have no use for someone like that. Don’t understand why people are oblivious to this.

 

[uncleg]

If the Dem's don't up their game....yup.

 

[Cock Throppled]

Trump is a bully and a coward. I have no use for someone like that. Don’t understand why people are oblivious to this.

They're not, but it doesn't matter.

He's personally quite disgusting in a lot of other areas. So what?

A lot of business and political leaders are personally vulgar, and exhibit sociopathic tendencies, because thse are the people that get things done.

I once had a boss who not one employee liked, and was a jerk, but his company was very successful, and we all benefitted from that.

 

[rlock]

Trump is a bully and a coward. I have no use for someone like that. Don’t understand why people are oblivious to this.

I'm not sure they are necessarily oblivious to this. Some people, believe it or not, admire people who can be abusive assholes and get away with it. Maybe they dream of being as "cool" as that guy, where nobody else can stop them. Just part of the culture, way beyond just Trump & politics.

 

[BobbyMcgee]

Trump is a bully and a coward. I have no use for someone like that. Don’t understand why people are oblivious to this.

i get the bully sentiment, i think, however i don’t think of this POTUS as a coward in any way that I can think of...
China-stick it. Pelosi-eat it. Jong Un-abide it. Trudeau-manipulate it. Iran-drone it. Paris accord-drop it. Economy-boost it.

 

[Cock Throppled]

i get the bully sentiment, i think, however i don’t think of this POTUS as a coward in any way that I can think of...
China-stick it. Pelosi-eat it. Jong Un-abide it. Trudeau-manipulate it. Iran-drone it. Paris accord-drop it. Economy-boost it.

And before anyone mentions bone spurs, and the fact he never served in the military -

Obama never served, although I don't know why, and Bill Clinton faked asthma to get out of serving.

 

[masterblaster]

He said John McCain wasn’t a war hero because he got captured, what an asshole thing to say. Meanwhile trump was back in the US hiding out with a phoney medical excuse while John McCain put his life on the line for his country. If that doesn’t qualify trump as a coward I don’t know what does.

 

[Hugh Jass]

interesting how time can change one's perspective due to "bone spurs". Having lived during that time there was little public support for the war...massive anti war demonstrations were the order of the day and eventually pressured Nixon to end it and withdraw.

People did not want their sons going to war to prop up a corrupt South Vietnamese government Domino theory or not. Those who found medical ways to get out of the war or fled across the border to Canada were considered heroes for refusing to serve. We welcomed draft dodgers with open arms. Those who returned from serving in Vietnam were considered and treated like baby killers. The most badly treated and abused war veterans in American history. MacCain was considered a hero because he famously and yes..heroically survived a vicious prison camp but the regular grunt who came back was relegated to the gutter ignored and neglected.

As a general rule it was not considered noble to serve in that war and those who could get out of going to Vietnam did.

 

[masterblaster]

interesting how time can change one's perspective due to "bone spurs". Having lived during that time there was little public support for the war...massive anti war demonstrations were the order of the day and eventually pressured Nixon to end it and withdraw.

People did not want their sons going to war to prop up a corrupt South Vietnamese government Domino theory or not. Those who found medical ways to get out of the war or fled across the border to Canada were considered heroes for refusing to serve. We welcomed draft dodgers with open arms. Those who returned from serving in Vietnam were considered and treated like baby killers. The most badly treated and abused war veterans in American history. MacCain was considered a hero because he famously and yes..heroically survived a vicious prison camp but the regular grunt who came back was relegated to the gutter ignored and neglected.

As a general rule it was not considered noble to serve in that war and those who could get out of going to Vietnam did.

Not saying the war was justified, just saying that trump weaseled his way out of it with a phoney medical excuse and then had the gutless response to John McCain capture and imprisonment. A coward in my books but that’s in keeping with his character.

 

[carvesg]

interesting how time can change one's perspective due to "bone spurs". Having lived during that time there was little public support for the war...massive anti war demonstrations were the order of the day and eventually pressured Nixon to end it and withdraw.

People did not want their sons going to war to prop up a corrupt South Vietnamese government Domino theory or not. Those who found medical ways to get out of the war or fled across the border to Canada were considered heroes for refusing to serve. We welcomed draft dodgers with open arms. Those who returned from serving in Vietnam were considered and treated like baby killers. The most badly treated and abused war veterans in American history. MacCain was considered a hero because he famously and yes..heroically survived a vicious prison camp but the regular grunt who came back was relegated to the gutter ignored and neglected.

As a general rule it was not considered noble to serve in that war and those who could get out of going to Vietnam did.

Would you agree that a "normal person" would have the decency to not judge or even comment about a service man that has passed multiple times his turn for release from a prison camp with its malnutrition and torture ?

I totally agree with your assessment of the context of the Vietnam war period