Kelvin

LOL The Obama / Dims shovel ready scam with nearly a trillion dollars.

Obama added ~$9 trillion to the debt, and now goober says we should have added more. Hmmm. Isn't this the same goober crying about the debt that Trump will allegedly create?

Sabcat

He is a foreign agent hell bent on the destruction of America freedoms and liberties. There are other agents who post on here. Some even stifle the voices of liberty minded posters.

The collectivists know that their ideas cannot hold up in the free market of ideas so...

justoneman

hypocrisy at its finest.

Sabcat

Well we did ship them all of the scrap from the world trade towers before it could be analysed. It is only fair that we buy it back.

justoneman

Most ridiculous thing I have ever heard. Can you even comprehend what 3.8 trillion dollars is? This money does not exist. The bail outs of GM should not have happened. The fake STIMULUS should not have happened. Quantitative Easing if it was a good idea it should only have happened for a very short time. Not years upon years. You Lefties talking about how not taking as much taxes from tax payers is a no no because of the national debt are absurd. Truly absurd.

goober

You are entitled to your opinion.
You are not entitled to your own facts, all you are doing by posting nonsense like this is making it clear, you have no idea what really happened.

Loans made while Clinton was president were generally limited to 80% of appraised value, with proof of income required. Even after the crash, for most property, appraised values were higher than what they had been in the 1990's.
What you saw in the 2000's was a big run up in appraised value, and big loosening of loan requirements, your income was whatever you wrote on the application, no proof required, in some cases you could borrow 125% of the appraised value.
It's that crazy shit written in 2005 and 2006 that collapsed.
And Freddie and Fannie did a lot better than the rest of the market, because their requirements didn't fall as much as the rest of the market.

goober

How many bridges need to be repaired or replaced ?
How much road needs to be repaired, replaced or expanded?
How many gas mains?
How many water mains?
How many sewer mains?
How many shipping canals?
How many Locks?
How many dams?

What happens to economic growth, when we close down roads and bridges for safety concerns

justoneman

How many were repaired or replaced with Obama's STIMULUS trillion dollars.


And why on earth should the federal government be paying for gas mains and sewers and water mains? Foolishness.

goober

Some, not nearly enough.

justoneman

I waded through the list of recipients who carved up the almost trillion dollars. It is obscene what that money actually went for. Planned parenthood roof repairs and schools to hire teachers. It was a political boondoggle.