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Author | Topic: The Trump Presidency | |||||||||||||||||||||||||||||||||||||||
JonF Member (Idle past 158 days) Posts: 6174 Joined:
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The biggest player of all was government pressure to loan money to people who experienced bankers know can't afford it.
Well, now you're just making things up. There was no government pressure. The driving force for the mortgage security frauds was demand by banks for more paper, and that demand came from clients who couldn't buy enough of this profitable supposedly low risk paper. Approximately 6% of the subprime loans that caused the crisis were due to the CRA.
Low-income loans didn't cause the financial crisis Edited by JonF, : No reason given.
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JonF Member (Idle past 158 days) Posts: 6174 Joined:
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What percentages were caused by the early 1990's exploitation of this 1977 legislation? By guidelines becoming mandates? By quotas going from 30% to 40%, then 50% to 56%? Your students at Duke and Dartmouth must not have been interested in researching that The subject is the infinitesimal effect the CRA had on the subprime mortgage market in the 2000's. If you have evidence to the contrary present it, with references where appropriate. Questions are not evidence.
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JonF Member (Idle past 158 days) Posts: 6174 Joined: |
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JonF Member (Idle past 158 days) Posts: 6174 Joined:
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The leaks about his calls to world leaders have said he speaks to themn like a campaign speech.
He is what he is, he's a vile ignorant liar, he's not going ot change because he doesn't see any reason to, and we're gfucked.
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JonF Member (Idle past 158 days) Posts: 6174 Joined: |
Rasmussen is always an outlier... in one particular direction.
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JonF Member (Idle past 158 days) Posts: 6174 Joined: |
And you believe Trump is less capable of addressing that than the alternative, Hillary Clinton, or Sanders?
Unequivocally yes. A thousand times yes. The guy thinks Fox News knows more than his own staff (viz. Sweden).
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JonF Member (Idle past 158 days) Posts: 6174 Joined: |
Just before his talk his staff gave the press a background briefing; i.e. no naming of sources.
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JonF Member (Idle past 158 days) Posts: 6174 Joined: |
https://twitter.com/brhodes/status/838032637990166531
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JonF Member (Idle past 158 days) Posts: 6174 Joined:
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JonF Member (Idle past 158 days) Posts: 6174 Joined: |
True, but, we know very little about the FISA court... one thing we do know is that it's pretty easy to sell them on issuing a warrant.
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JonF Member (Idle past 158 days) Posts: 6174 Joined: |
Daughter has office in White House and security clearance Back in the day, a security clearance wasn't sufficient. You had to have a "need to know" in order to carry out your official duties. She has no official duties, therefore no need to know. Not that anyone will care. Edited by JonF, : No reason given.
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JonF Member (Idle past 158 days) Posts: 6174 Joined:
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The whole book was ghostwritten.
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JonF Member (Idle past 158 days) Posts: 6174 Joined:
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You give him a lot more credit than I do. He is just stupid. He has no idea what effect a trade war and/or BAT might have. He hasn't thought of any effects, bad or good.
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JonF Member (Idle past 158 days) Posts: 6174 Joined: |
I've heard a theory from several sources, which seems to make some sense from his point of view. He was say "Why wasn't there some incredibly talented dealmaker, like me, who would have negotiated the problem away? I sure could have fixed it!".
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JonF Member (Idle past 158 days) Posts: 6174 Joined:
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The actions were not the same. Obama didn't share that information with Syria, because of the outcry against it and the discussion of the proposal. As is standard in such cases, he consulted with knowledgeable and smart people before doing anything.
Trump didn't. Edited by JonF, : No reason given.
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