Will the TPM hurt the GOP in november?

Discussion in 'Free Speech Alley' started by LaSalleAve, Sep 15, 2010.

  1. Rex_B

    Rex_B Geaux Time

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    I can't demonstrate that they are not failures.
     
  2. Rex_B

    Rex_B Geaux Time

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    If interest rates weren't artificially low nobody would have got the loans anyway.
     
  3. Rex_B

    Rex_B Geaux Time

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    Oops nevermind:

    [​IMG]
     
  4. red55

    red55 curmudgeon Staff Member

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    This is the kind of non-response I expected. You got nuthin'.
     
  5. SabanFan

    SabanFan The voice of reason

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    Deregulation was a factor but not the cause of the disaster.
     
  6. Rex_B

    Rex_B Geaux Time

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    Check the chart.


    And it's not rocket science to figure out that interest rates = low = people spending more than they should b/c they can afford the note.
     
  7. red55

    red55 curmudgeon Staff Member

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    Which was . . .
     
  8. gumborue

    gumborue Throwin Ched

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    do i approve? not really? best i can tell the stimulus wasnt targeted or implemented properly. i do agree with w's tarp policy, but not with his low cap gains and marginal tax rates. but the bigger issues were spending too much and leaving the fed interest rates low forever. the same is true now. cut spending. arguing over a 3-5% tax increase is misplaced.
     
  9. SabanFan

    SabanFan The voice of reason

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    Trying to build a base of indentured voters by giving them NINJA loans.
     
  10. red55

    red55 curmudgeon Staff Member

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    It wasn't poor people getting loans for shotgun houses that broke the mortgage industry. It was speculators, both business and personal, getting loans for mansions beyond their means that did it. Republican de-regulators, republican lenders and republican borrowers were all over it.
     

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