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Old December 23rd, 2017, 11:28 AM   #41
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Obama and the Dems spent a trillion dollars and an alleged infrastructure bill premised a stimulus. In reality it was a slush fund for various groups to plunder. Remember it was to be "shovel ready" projects. So theoretically all bridges and overpasses have already been repaired because we got that bill added to our national debt. You want to do that again? I don't.
Please back up your $1 trillion claim.
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Old December 23rd, 2017, 11:45 AM   #42
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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.
There in lies the reality of the issue. Why should the federal government be expected to repair infrastructure?

This is where the leftists truely show their stripes.
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Old December 23rd, 2017, 11:59 AM   #43
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Yes there was and there still is. Lenders are required by law to show they make loans to certain low income zones.
Private mortgage originators, who were not subject to any provision of the CRA, made the majority of the bad loans that drove the subprime mortgage crisis. Originators were writing mortgages on a signature and claimed income.

Many of the failed mortgages resulted from the refinancing boom, people sucking all the equity out of their mortgages, people who then could not get out of their mortgages when prices crashed.

Then of course predatory lending was rampant, luring people into ARMs.

Moreover, household and credit card debt went off chart.

Short-term profit overrode long-term stability.

And the explosion of financial derivatives built upon inflated real estate prices also contributed to the Great Recession: mortgage-backed securities (MBS), collateralized debt obligations (CDO) and credit default swaps(CDS).

It was a house of cards with a variety of villains.
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Old December 23rd, 2017, 12:42 PM   #44
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Please back up your $1 trillion claim.
What difference is it to you what the exact amount spent was? You are nit picking.
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Old December 23rd, 2017, 01:05 PM   #45
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What difference is it to you what the exact amount spent was? You are nit picking.
Not if the total is in fact $1.49.

So link your claim.
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Old December 23rd, 2017, 01:27 PM   #46
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A sub-prime loan is giving money to people who make minimum wage. Poor people bought McMansions and Cadillac's using sub-prime loans and of course they defaulted. It doesn't take a rocket scientist to figure that out.

edit: Enter said the spider to the fly.
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Last edited by Twisted Sister; December 23rd, 2017 at 02:00 PM.
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Old December 23rd, 2017, 01:30 PM   #47
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Not if the total is in fact $1.49.

So link your claim.
go link yourself
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Old December 23rd, 2017, 01:58 PM   #48
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go link yourself
= I got nothing.
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Old December 23rd, 2017, 02:10 PM   #49
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= I got nothing.
You are still breathing and type with confidence.

edit: I cried because I saw a man with no shoes until I saw a man with no feet.

Last edited by Twisted Sister; December 23rd, 2017 at 02:17 PM.
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Old December 23rd, 2017, 05:16 PM   #50
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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.

You know what I also see as I drive around the southeast ??? ROAD CONSTRUCTION !!!! EVERY city of any size in the southeast either currently has, or has had, at least one major road project. I drove right at 40,000 miles this year, and Atlanta (OMG what a mess), Louisville, Nashville, Memphis, Chattanooga, Knoxville, Macon, Savannah, Augusta, Birmingham, Montgomery, and DALLAS !!! (Double OMG what a mess) and stretches of road in between. It's been going on for ages. So maybe those jobs weren't "shovel ready" but by God they're making up for lost time now. If lay off are coming in the steel industry, it has to be because all these projects are winding down.

I'd also remind everyone that 40% of the stimulus package went to DIRECT TAX REFUNDS !!!

It's funny when the great shrub did it it was a WONDERFUL idea. But just a few years later the same people that voted FOR the shrub plan voted against the Obama plan !!! And now those same people have voted for the dumpsters tax give away !!

Can you spell HYPOCRISY !!!

Last edited by BubbaJones; December 23rd, 2017 at 05:32 PM.
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