1. Enonomic growth under Trump > Economic growth under Obama 2. I dont see indication for a huge crash. Nevertheless our funny discussion comes to an end if we start discussing things in more detail. The point was that your unfair and simplified statement of Trump were answered with unfair and simplified statements about Mandela, which were the two we were discussing.
Bush needed the economic boost, the housing bubble gave the economy, in order to justify his tax cuts. No rationale leader cuts taxes and then goes to war. The 9/11 attack wasn't his fault, but the housing bubble was largely one of his making. He (and his donors) pushed for the expansion of the sub-prime mortgage market. No credible analysis of the crisis has shown that the CRA policies had a significant impact. Most of the bubble was caused by the "shadow banking community," who were outside of the CRA rules...i.e. the front-line mortgage lenders.
Actually, I have a better one now. https://www.usatoday.com/story/mone...-pay-companies-highest-compensation/38637377/ But yes. https://corpgov.law.harvard.edu/2017/11/16/the-10-highest-paid-boards-of-directors/
The question is not Biden or his son, but the act of asking a foreign government for help in attacking a political rival. No matter if Biden was guilty, he could not be punished in the US, so the only fallout would be political. If he worked for an American company on foreign soil he could be prosecuted for under the corrupt practices act. But as he worked for a foreign company on foreign soil The US has no jurisdiction. If the US could pursue criminal charges then it would not just be a political act. I would love to see the two of them jailed or punished if US laws were violated, but as I said earlier if I punched a Brit in the face in London, the US could do nothing about it.
Robust recoveries are expected and the norm after severe recessions. Obama’s policies resulted in the slowest recovery from a recession in history. You are stating that quantitative easing was used to buy back MBS’s ?? That’s funny. Look up TARP. BTW all of TARP was paid back with interest. The government made money on the forced loans.
Trump asked that Ukraine investigate corruption using Biden’s son as an example. Biden forced Ukraine to stop investigating corruption involving his son. And Trump is the bad guy ??? Once again the Democrats accuse the Republicans of what the Democrats are doing. BTW why did the Democrats remove the requirement that a whistle blower must have first hand knowledge of what they report one month ago ??? This is another deep state effort to remove a duly elected President.
First of all, the only people that asked Ukraine to find dirt on a political rival were the Democrats against Trump in the last election, and Trump has every right to get information on what they did. That's what the phone call was all about, and it obviously frightened the guilty ones, so they did their usual and flipped it. They tried to make it appear as if Trump was guilty and doing what they had done. As for the lies being repeated ad nauseum by certain Democrats, that's what they do. I don't know if Goebbels was the first to use these propaganda methods or Lenin, but like them they are copying it. DEMOCRATS. HEE HAW! Go on, tell others what we do so we can flip it back to you, and you will take the public shame for daring to destroy our game. - Jeannette
TARP was the short-term rescue of the banks, AIG, and GM. Going from memory...but I believe it was started under Paulson and Bush. Quantitative easing was essentially the replacement and expansion of TARP, via the Fed, and it's rescue of the GSEs, which Paulson had put into conservatorship in Treasury. This was essentially the "monetary rescue." When the Fed buys U.S. government assets, it basically "creates money" and the Treasury prints dollars to cover the Fed's buy. That money puts liquidity back into a basically "frozen private economy" and the capital liquidity, in theory, results in lending to businesses to facilitate renewed growth. Don't take my word for it...look at the Fed's balance sheet...financial institution s have been slowly buying back the MBS's, but there is still a considerable amount of them on the Fed's balance sheet.
That’s ridiculous. QE is a monetary policy to stimulate the economy. The Fed could not lower interest rates below zero (unlike what Germany is now doing). The only bulletin they had left was QE (all 5 phases of it). And this was needed due to the Obamanomics policies that torpedoed economic growth. How many years did it take before total employment returned to the peak level in 2007 ??? Those are not created jobs. They are people going back to work.
Yes...it was the purchasing of U.S. assets, by the Fed, to create dollars, with which to stimulate the economy via bank lending. What do you think it was? My understanding of the Fed's influence on interest rates is via it's establishment of the short-term over-night borrowing rate. So...I suspect you are correct in that not being able to lower that rate further led Bernanke to the alternative of QE. But they are separate Fed tools. You disagree with that?
It wasn't enough that Mueller failed to find sufficient evidence to show a conspiratorial link between the Trump campaign and the Russians. Trump has to completely discredit the ENTIRE Mueller report to justify pardons for Manafort, help Roger Stone, and repeal the sanctions against Russia. That's why Rudi was sent to Ukraine. That's why the military aid was withheld. That's why the tel-con took place. With that tel-con, Trump reopened the Mueller investigation, under a different name, "Impeachment."
You must have a reading comprehension problem. No, I said TARP was a separate program from QE and explained the difference.
Trump is repealing sanctions on Russia ?? BTW Ukraine was unaware of the temporary delay and has received most of the funding. The Mueller report is discredited.
