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189
Strategist
2018 Oct 11, 7:55am
Strategist
2018 Oct 11, 7:55am
Aphroman says
The first thing Obama did was to screw the GM bondholders in favor of the employees. You can't do that and inspire confidence in businesses. Trump made tax changes and just look at the boom that followed.
How was Obama too socialistic?
The first thing Obama did was to screw the GM bondholders in favor of the employees. You can't do that and inspire confidence in businesses. Trump made tax changes and just look at the boom that followed.
190
Strategist
2018 Oct 11, 8:09am
Strategist
2018 Oct 11, 8:09am
Aphroman says
Obama failed to inspire confidence due to his socialistic leanings, which is why we had a stagnating economy instead of a full recovery. A full recovery quickly follows a recession, but not when he was in charge.
Strategist saysAphroman saysHow was Obama too socialistic?
The first thing Obama did was to screw the GM bondholders in favor of the employees. You can't do that and inspire confidence in businesses. Trump made tax changes and just look at the boom that followed.
You said after the 2012 election though
Obama failed to inspire confidence due to his socialistic leanings, which is why we had a stagnating economy instead of a full recovery. A full recovery quickly follows a recession, but not when he was in charge.
191
LeonDurham
2018 Oct 11, 4:01pm
PrivilegedtobeWhite says
Yep, sure did. So, how does it relate to me exactly?
LeonDurham saysOK, read it.No you didn't
Yep, sure did. So, how does it relate to me exactly?
192
LeonDurham
2018 Oct 11, 4:03pm
TwoScoopsOfSpaceForce says
What the hell are you talking about? I said Obama sucked on trade. And that he worked way too much with Republicans to advance their free trade agenda. You're agreeing with me but pretending to disagree.
Again, the President negotiates and THEN the Congress votes. Obama had a Dem Congress anyway in 2009-2010, but he wouldn't have needed one to start renegotiating So the "But Republican Congress" is doubly inapplicable.
What the hell are you talking about? I said Obama sucked on trade. And that he worked way too much with Republicans to advance their free trade agenda. You're agreeing with me but pretending to disagree.
193
MisdemeanorRebel
2018 Oct 11, 4:17pm
MisdemeanorRebel
2018 Oct 11, 4:17pm
LeonDurham says
Obama promised to renegotiate NAFTA.
Promises Made, Promises Broken.
Trade is one of my top 3 issues, I can never trust the Democrats again until I see America First trade deals being made and/or voted in by them.
What the hell are you talking about? I said Obama sucked on trade. And that he worked way too much with Republicans to advance their free trade agenda. You're agreeing with me but pretending to disagree.
Obama promised to renegotiate NAFTA.
Promises Made, Promises Broken.
Trade is one of my top 3 issues, I can never trust the Democrats again until I see America First trade deals being made and/or voted in by them.
194
LeonDurham
2018 Oct 11, 5:08pm
TwoScoopsOfSpaceForce says
You should have voted for Bernie like I did.
Obama promised to renegotiate NAFTA.
Promises Made, Promises Broken.
Trade is one of my top 3 issues, I can never trust the Democrats again until I see America First trade deals being made and/or voted in by them.
You should have voted for Bernie like I did.
195
LeonDurham
2018 Oct 11, 5:10pm
TwoScoopsOfSpaceForce says
Trump promised to get tough on Wall St. and Big Banks.
Promises Made. Promises Broken.
Reforming Wall St./Big Banks is one of my top 3 issues. I will never vote for Republicans again. period.
Obama promised to renegotiate NAFTA.
Promises Made, Promises Broken.
Trump promised to get tough on Wall St. and Big Banks.
Promises Made. Promises Broken.
Reforming Wall St./Big Banks is one of my top 3 issues. I will never vote for Republicans again. period.
196
LastMan
2018 Oct 11, 6:37pm
LeonDurham says
You don't consider big tax breaks getting tough on banks?
https://www.vox.com/business-and-finance/2018/8/12/17680748/tax-cuts-big-banks-jpmorgan
Trump promised to get tough on Wall St. and Big Banks.
You don't consider big tax breaks getting tough on banks?
https://www.vox.com/business-and-finance/2018/8/12/17680748/tax-cuts-big-banks-jpmorgan
197
Strategist
2018 Oct 11, 6:52pm
Strategist
2018 Oct 11, 6:52pm
LeonDurham says
The big banks already face tough regulation. So tough, that it discourages them from making mortgage loans that don't conform to Fannie Mae/Freddie Mac rules. They need to ease off on the banks as it's causing more harm.
Trump promised to get tough on Wall St. and Big Banks.
The big banks already face tough regulation. So tough, that it discourages them from making mortgage loans that don't conform to Fannie Mae/Freddie Mac rules. They need to ease off on the banks as it's causing more harm.
199
Strategist
2018 Oct 11, 7:00pm
Strategist
2018 Oct 11, 7:00pm
LeonDurham says
The Obama administration placed tough regulations on the banks after the government was forced to bail them out during the 2008 housing collapse.
Are you saying Obama did nothing to control banks after bailing them out? If so, that would be sheer incompetence on the part of Obama, won't it?
Strategist saysThe big banks already face tough regulation.
lol--please tell me you're joking
The Obama administration placed tough regulations on the banks after the government was forced to bail them out during the 2008 housing collapse.
Are you saying Obama did nothing to control banks after bailing them out? If so, that would be sheer incompetence on the part of Obama, won't it?
200
LeonDurham
2018 Oct 11, 7:31pm
Strategist says
Actually, I'm saying Trump signed the law that reversed the Obama regulations. You didn't know this?
https://www.reuters.com/article/us-usa-trump-dodd-frank/trump-signs-bill-easing-u-s-bank-rules-into-law-idUSKCN1IP2WX
The Obama administration placed tough regulations on the banks after the government was forced to bail them out during the 2008 housing collapse.
Are you saying Obama did nothing to control banks after bailing them out? If so, that would be sheer incompetence on the part of Obama, won't it?
Actually, I'm saying Trump signed the law that reversed the Obama regulations. You didn't know this?
https://www.reuters.com/article/us-usa-trump-dodd-frank/trump-signs-bill-easing-u-s-bank-rules-into-law-idUSKCN1IP2WX
201
Strategist
2018 Oct 11, 7:34pm
Strategist
2018 Oct 11, 7:34pm
LeonDurham says
Needs to ease some more. It's still suffocating housing.
Actually, I'm saying Trump signed the law that reversed the Obama regulations. You didn't know this?
Needs to ease some more. It's still suffocating housing.
202
LeonDurham
2018 Oct 11, 7:37pm
Strategist says
Just curious--which regulation specifically do you think is suffocating housing?
Needs to ease some more. It's still suffocating housing.
Just curious--which regulation specifically do you think is suffocating housing?
203
Strategist
2018 Oct 11, 7:51pm
Strategist
2018 Oct 11, 7:51pm
LeonDurham says
You don't need to know every single law or regulation in detail. That's for nerds and lawyers. I look at results, and what I see is banks arenot lending for housing like they used to, or even close. There are hardly any portfolio loans available today that gave a range of options to potential borrowers for housing loans that were available 20 to 30 years ago.
If more people are able to borrow for homes, more homes would be built, resulting in softer home prices.
Strategist says
Needs to ease some more. It's still suffocating housing.
Just curious--which regulation specifically do you think is suffocating housing?
You don't need to know every single law or regulation in detail. That's for nerds and lawyers. I look at results, and what I see is banks arenot lending for housing like they used to, or even close. There are hardly any portfolio loans available today that gave a range of options to potential borrowers for housing loans that were available 20 to 30 years ago.
If more people are able to borrow for homes, more homes would be built, resulting in softer home prices.
204
LeonDurham
2018 Oct 11, 7:55pm
Strategist says
If you're going to say regulations are suffocating the housing market, I would think you could at least name 1 regulation.
Strategist says
Well, I see more types of loans available now than ever before. There is absolutely more choices now than 20-30 years ago.
You don't need to know every single law or regulation in detail.
If you're going to say regulations are suffocating the housing market, I would think you could at least name 1 regulation.
Strategist says
and what I see is banks arenot lending for housing like they used to, or even close. There are hardly any portfolio loans available today that gave a range of options to potential borrowers for housing loans that were available 20 to 30 years ago.
If more people are able to borrow for homes, more homes would be built, resulting in softer home prices.
Well, I see more types of loans available now than ever before. There is absolutely more choices now than 20-30 years ago.
205
MisdemeanorRebel
2018 Oct 11, 9:10pm
MisdemeanorRebel
2018 Oct 11, 9:10pm
LeonDurham says
If you mean Dodd-Frank, that was a Pastiche of Reform that simply sheltered Big Banks from competition by imposing immense regulatory compliance costs.
Trump promised to get tough on Wall St. and Big Banks.
If you mean Dodd-Frank, that was a Pastiche of Reform that simply sheltered Big Banks from competition by imposing immense regulatory compliance costs.
206
LastMan
2018 Oct 12, 4:31pm
Strategist says
Maybe you could give some more detail on this then. Do you want to see pick-a-pay come back?
I look at results, and what I see is banks arenot lending for housing like they used to, or even close. There are hardly any portfolio loans available today that gave a range of options to potential borrowers for housing loans that were available 20 to 30 years ago.
Maybe you could give some more detail on this then. Do you want to see pick-a-pay come back?
207
LeonDurham
2018 Oct 12, 4:31pm
TwoScoopsOfSpaceForce says
lol--that's why Big Banks wanted it repealed so badly, right? And why they paid Trump to get it done?
If you mean Dodd-Frank, that was a Pastiche of Reform that simply sheltered Big Banks from competition by imposing immense regulatory compliance costs.
lol--that's why Big Banks wanted it repealed so badly, right? And why they paid Trump to get it done?
208
CBOEtrader
2018 Oct 31, 11:10pm
CBOEtrader
2018 Oct 31, 11:10pm
LeonDurham says
Have banks done something in the last 3 years to be punished for?
You know we need reasons to prison people in the west right?
Trump promised to get tough on Wall St. and Big Banks.
Promises Made. Promises Broken.
Have banks done something in the last 3 years to be punished for?
You know we need reasons to prison people in the west right?
209
MisdemeanorRebel
2018 Oct 31, 11:29pm
MisdemeanorRebel
2018 Oct 31, 11:29pm
LeonDurham says
How many bankers were prosecuted criminally and went to prison under Obama-Holder?
Not given wristslap fines far less than their take, and designed to headoff and thwart state suits and prosecutions?
lol--that's why Big Banks wanted it repealed so badly, right? And why they paid Trump to get it done?
How many bankers were prosecuted criminally and went to prison under Obama-Holder?
Not given wristslap fines far less than their take, and designed to headoff and thwart state suits and prosecutions?
210
HeadSet
2018 Nov 1, 6:57am
HeadSet
2018 Nov 1, 6:57am
If more people are able to borrow for homes, more homes would be built, resulting in softer home prices.
Gotta disagree here. If more people were able to borrow, those extra people would bid up the price of existing homes. Highly qualified people can borrow now, so any expansion of borrowers would be for the less qualified folks. The less qualified type include folks who wish to live outside their means, and do not care about costs if they can squeeze in the monthly payment.
Would you say "If more people who are able to get student loans, more people would be able to go to college, which means more college courses offered, which will soften tuition prices."
Gotta disagree here. If more people were able to borrow, those extra people would bid up the price of existing homes. Highly qualified people can borrow now, so any expansion of borrowers would be for the less qualified folks. The less qualified type include folks who wish to live outside their means, and do not care about costs if they can squeeze in the monthly payment.
Would you say "If more people who are able to get student loans, more people would be able to go to college, which means more college courses offered, which will soften tuition prices."
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What is your most well-reasoned anti-Trump argument? If you think he's a liar, please post the video. Or if you disagree with legislation he pioneered or executive orders, please post a link and reasoning.