Obama is destroying the economy

[UncleBuck]

All bullshit you just spouted has been debunked in Bucky's ass clown thread linked for reference.

so the fact that the GOP was in power for 6 years and did nothing is bullshit?

LOL!

nice try.

and bush did brag about record home ownership in his state of the union speeches and during his reelection campaign.

but that goes against your preconceived and false narrative, so i guess we can shitcan that, just like your prospects in life or chances of having sex with anyone who is not also a family member.

http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-ceiling-historic
http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-ceiling-historic
http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-ceiling-historic
http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-ceiling-historic
http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-ceiling-historic
http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-ceiling-historic
http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-ceiling-historic

can you prove it wrong with a better answer than you're giving which is www.iamastupidliberal.com will eventually lead you to the information you seek.

like i said, i don't know what a "dept" ceiling is, so i will disregard links about the "dept" ceiling.

if you can kindly point to the legislation that has raised the debt ceiling, that would be very welcome.

and why are you not responding to my questions about your "greese" trap installations? you have been very active at all hours these last few days, did you get a boo boo? or has the inferiority of your shitty work caught up to you already?

 

[nontheist]

so the fact that the GOP was in power for 6 years and did nothing is bullshit?

LOL!

nice try.

and bush did brag about record home ownership in his state of the union speeches and during his reelection campaign.

but that goes against your preconceived and false narrative, so i guess we can shitcan that, just like your prospects in life or chances of having sex with anyone who is not also a family member.



like i said, i don't know what a "dept" ceiling is, so i will disregard links about the "dept" ceiling.

if you can kindly point to the legislation that has raised the debt ceiling, that would be very welcome.

and why are you not responding to my questions about your "greese" trap installations? you have been very active at all hours these last few days, did you get a boo boo? or has the inferiority of your shitty work caught up to you already?

K Bucky go full retard it will help your cause I promise. I understand you're so deep an exit strategy is pointless run like hell with it. I think it's best you stick with basic trolls politics and truth apparently isn't your thing.

 

[UncleBuck]

K Bucky go full retard it will help your cause I promise. I understand you're so deep an exit strategy is pointless run like hell with it. I think it's best you stick with basic trolls politics and truth apparently isn't your thing.

you really are no good at this.

FACT: george w bush bragged about record home ownership in SOTU speeches and during his reelection.

FACT: the GOP had full control over the executive and legislative branches until 2006 and did nothing.

FACT: bush left obama with the most massive deficit ever, thanks to his unfunded wars, tax cuts, and medicare expansion.

FACT: obama decreased the deficit.

FACT: you are unable to point to the legislation that raised the debt ceiling because you are retarded.

FACT? apparently me reading compensation has failed me? i'm ron burgundy?

go back to fucking your sister, nonsenseist. it's apparent to everyone here that you are better at that than you are at installing sub par "greese" traps.

 

[nontheist]

you really are no good at this.

FACT: george w bush bragged about record home ownership in SOTU speeches and during his reelection.

FACT: the GOP had full control over the executive and legislative branches until 2006 and did nothing.

FACT: bush left obama with the most massive deficit ever, thanks to his unfunded wars, tax cuts, and medicare expansion.

FACT: obama decreased the deficit.

FACT: you are unable to point to the legislation that raised the debt ceiling because you are retarded.

FACT? apparently me reading compensation has failed me? i'm ron burgundy?

go back to fucking your sister, nonsenseist. it's apparent to everyone here that you are better at that than you are at installing sub par "greese" traps.

FACT: you post stupid shit that has nothing to do with the argument at hand to deflect how incompetent you are

FACT: You cannot back up the claim you made on the debt ceiling with clear eveidence showing you lied.

FACT: Bush's deficit was 168 billion in 2007

FACT: Republicans introduced a bill that democrats killed to regulate Fannie and Freddie

FACT This is the third fucking time you look like an ass clown on the same subject.

FACT: 1999 Clinton mounted political pressure on Fannie and Freddie to increase subprime housing loans

FACT--------------------------------------------------------------

2001

• April: The Administration's FY02 budget declares that the size of Fannie Mae and Freddie Mac is "a potential problem," because "financial trouble of a large GSE could cause strong repercussions in financial markets, affecting Federally insured entities and economic activity." (2002 Budget Analytic Perspectives, pg. 142)

2002

• May: The Office of Management and Budget (OMB) calls for the disclosure and corporate governance principles contained in the President's 10-point plan for corporate responsibility to apply to Fannie Mae and Freddie Mac. (OMB Prompt Letter to OFHEO, 5/29/02)

2003

• February: The Office of Federal Housing Enterprise Oversight (OFHEO) releases a report explaining that unexpected problems at a GSE could immediately spread into financial sectors beyond the housing market.
• September: Then-Treasury Secretary John Snow testifies before the House Financial Services Committee to recommend that Congress enact "legislation to create a new Federal agency to regulate and supervise the financial activities of our housing-related government sponsored enterprises" and set prudent and appropriate minimum capital adequacy requirements.
• September: Then-House Financial Services Committee Ranking Member Barney Frank (D-MA) strongly disagrees with the Administration's assessment, saying "these two entities – Fannie Mae and Freddie Mac – are not facing any kind of financial crisis … The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing." (Stephen Labaton, "New Agency Proposed To Oversee Freddie Mac And Fannie Mae," The New York Times, 9/11/03)
• October: Senator Thomas Carper (D-DE) refuses to acknowledge any necessity for GSE reforms, saying "if it ain't broke, don't fix it." (Sen. Carper, Hearing of Senate Committee on Banking, Housing, and Urban Affairs, 10/16/03)
• November: Then-Council of the Economic Advisers (CEA) Chairman Greg Mankiw explains that any "legislation to reform GSE regulation should empower the new regulator with sufficient strength and credibility to reduce systemic risk." To reduce the potential for systemic instability, the regulator would have "broad authority to set both risk-based and minimum capital standards" and "receivership powers necessary to wind down the affairs of a troubled GSE." (N. Gregory Mankiw, Remarks At The Conference Of State Bank Supervisors State Banking Summit And Leadership, 11/6/03)

2004

• February: The President's FY05 Budget again highlights the risk posed by the explosive growth of the GSEs and their low levels of required capital and calls for creation of a new, world-class regulator: "The Administration has determined that the safety and soundness regulators of the housing GSEs lack sufficient power and stature to meet their responsibilities, and therefore … should be replaced with a new strengthened regulator." (2005 Budget Analytic Perspectives, pg. 83)
• February: Then-CEA Chairman Mankiw cautions Congress to "not take [the financial market's] strength for granted." Again, the call from the Administration was to reduce this risk by "ensuring that the housing GSEs are overseen by an effective regulator." (N. Gregory Mankiw, Op-Ed, "Keeping Fannie And Freddie's House In Order," Financial Times, 2/24/04)
• April: Rep. Frank ignores the warnings, accusing the Administration of creating an "artificial issue." At a speech to the Mortgage Bankers Association conference, Rep. Frank said "people tend to pay their mortgages. I don't think we are in any remote danger here. This focus on receivership, I think, is intended to create fears that aren't there." ("Frank: GSE Failure A Phony Issue," American Banker, 4/21/04)
• June: Then-Treasury Deputy Secretary Samuel Bodman spotlights the risk posed by the GSEs and calls for reform, saying "We do not have a world-class system of supervision of the housing government sponsored enterprises (GSEs), even though the importance of the housing financial system that the GSEs serve demands the best in supervision to ensure the long-term vitality of that system. Therefore, the Administration has called for a new, first class, regulatory supervisor for the three housing GSEs: Fannie Mae, Freddie Mac, and the Federal Home Loan Banking System." (Samuel Bodman, House Financial Services Subcommittee on Oversight and Investigations Testimony, 6/16/04)

2005

• April: Then-Secretary Snow repeats his call for GSE reform, saying "Events that have transpired since I testified before this Committee in 2003 reinforce concerns over the systemic risks posed by the GSEs and further highlight the need for real GSE reform to ensure that our housing finance system remains a strong and vibrant source of funding for expanding homeownership opportunities in America … Half-measures will only exacerbate the risks to our financial system." (Secretary John W. Snow, "Testimony Before The U.S. House Financial Services Committee," 4/13/05)
• July: Then-Minority Leader Harry Reid rejects legislation reforming GSEs, "while I favor improving oversight by our federal housing regulators to ensure safety and soundness, we cannot pass legislation that could limit Americans from owning homes and potentially harm our economy in the process." ("Dems Rip New Fannie Mae Regulatory Measure," United Press International, 7/28/05)

2007

• August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac, saying "first things first when it comes to those two institutions. Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options." (President George W. Bush, Press Conference, the White House, 8/9/07)
• August: Senate Committee on Banking, Housing and Urban Affairs Chairman Christopher Dodd ignores the President's warnings and calls on him to "immediately reconsider his ill-advised" position. (Eric Dash, "Fannie Mae's Offer To Help Ease Credit Squeeze Is Rejected, As Critics Complain Of Opportunism," The New York Times, 8/11/07)
• December: President Bush again warns Congress of the need to pass legislation reforming GSEs, saying "These institutions provide liquidity in the mortgage market that benefits millions of homeowners, and it is vital they operate safely and operate soundly. So I've called on Congress to pass legislation that strengthens independent regulation of the GSEs – and ensures they focus on their important housing mission. The GSE reform bill passed by the House earlier this year is a good start. But the Senate has not acted. And the United States Senate needs to pass this legislation soon." (President George W. Bush, Discusses Housing, the White House, 12/6/07)

2008

• February: Assistant Treasury Secretary David Nason reiterates the urgency of reforms, saying "A new regulatory structure for the housing GSEs is essential if these entities are to continue to perform their public mission successfully." (David Nason, Testimony On Reforming GSE Regulation, Senate Committee On Banking, Housing And Urban Affairs, 2/7/0
• March: President Bush calls on Congress to take action and "move forward with reforms on Fannie Mae and Freddie Mac. They need to continue to modernize the FHA, as well as allow State housing agencies to issue tax-free bonds to homeowners to refinance their mortgages." (President George W. Bush, Remarks To The Economic Club Of New York, New York, NY, 3/14/0
• April: President Bush urges Congress to pass the much needed legislation and "modernize Fannie Mae and Freddie Mac. [There are] constructive things Congress can do that will encourage the housing market to correct quickly by … helping people stay in their homes." (President George W. Bush, Meeting With Cabinet, the White House, 4/14/0
• May: President Bush issues several pleas to Congress to pass legislation reforming Fannie Mae and Freddie Mac before the situation deteriorates further.
  • "Americans are concerned about making their mortgage payments and keeping their homes. Yet Congress has failed to pass legislation I have repeatedly requested to modernize the Federal Housing Administration that will help more families stay in their homes, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow state housing agencies to issue tax-free bonds to refinance sub-prime loans." (President George W. Bush, Radio Address, 5/3/0
  • "[T]he government ought to be helping creditworthy people stay in their homes. And one way we can do that – and Congress is making progress on this – is the reform of Fannie Mae and Freddie Mac. That reform will come with a strong, independent regulator." (President George W. Bush, Meeting With The Secretary Of The Treasury, the White House, 5/19/0
  • "Congress needs to pass legislation to modernize the Federal Housing Administration, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance subprime loans." (President George W. Bush, Radio Address, 5/31/0
• June: As foreclosure rates continued to rise in the first quarter, the President once again asks Congress to take the necessary measures to address this challenge, saying "we need to pass legislation to reform Fannie Mae and Freddie Mac." (President George W. Bush, Remarks At Swearing In Ceremony For Secretary Of Housing And Urban Development, Washington, D.C., 6/6/0
• July: Congress heeds the President's call for action and passes reform legislation for Fannie Mae and Freddie Mac as it becomes clear that the institutions are failing.
• September: Democrats in Congress forget their previous objections to GSE reforms, as Senator Doddquestions "why weren't we doing more, why did we wait almost a year before there were any significant steps taken to try to deal with this problem? … I have a lot of questions about where was the administration over the last eight years." (Dawn Kopecki, "Fannie Mae, Freddie 'House Of Cards' Prompts Takeover," Bloomberg, 9/9/0

 

[UncleBuck]

all of that spam, yet it doesn't change the fact that bush bragged about it and the GOP, who controlled the house, senate, and white house, did nothing.

besides brag about it, of course.

not to mention you completely ignore glas steagall repeal and every other fact that doesn't fit your very narrow world view.

you poor, sad fuck.

would it cheer you up if i bought a "greese" trap, kiddo?

just kidding, i'm sure i could get one better quality from an illegal immigrant.

 

[nontheist]

all of that spam, yet it doesn't change the fact that bush bragged about it and the GOP, who controlled the house, senate, and white house, did nothing.

besides brag about it, of course.

not to mention you completely ignore glas steagall repeal and every other fact that doesn't fit your very narrow world view.

you poor, sad fuck.

would it cheer you up if i bought a "greese" trap, kiddo?

just kidding, i'm sure i could get one better quality from an illegal immigrant.

HAHA I bet you can't even touch your knees from all the pussy swell.

now, if only obama had actually raised the debt ceiling 6 or 7 times, you might have had a point. but you don't.

http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-ceiling-historic
http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-ceiling-historic
http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-ceiling-historic
http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-ceiling-historic


response 3 links that prove nothing but eventually in lala land may some day if you're patient.

go ahead and just TRY to name those 6 times.


here is the work of the 111th, 112th, and 113th congress for you. show me that number is actually real, and not double what it actually is.


http://en.wikipedia.org/wiki/111th_United_States_Congress
http://en.wikipedia.org/wiki/112th_United_States_Congress
http://en.wikipedia.org/wiki/113th_United_States_Congress

and then

i'm sorry, i never looked at your links

that would be true IF obama had turned a nifty surplus into the most massive deficit this nation has ever seen, like bush did. but that's not what obama has done. obama has steadily decreased the deficit despite a massive recession.

Blames bush again for his failures and proves he is a blind Obama nut hugger. You just can't make this shit up libtard comic gold.

 

[ginjawarrior]

http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-ceiling-historic
http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-ceiling-historic
http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-ceiling-historic
http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-ceiling-historic
http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-ceiling-historic
http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-ceiling-historic
http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-ceiling-historic

http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-ceiling-historic
http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-ceiling-historic
http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-ceiling-historic
http://www.guardian.co.uk/news/datablog/2011/jul/15/us-debt-ceiling-historic

im not sure if you were aware of this but posting the same link 11 times does not = 11 times the evidence....

 

[UncleBuck]

nonsesneist seems a bit upset.

i guess he couldn't compete against illegal immigrants installing "greese" traps.

 

[ginjawarrior]

nonsesneist seems a bit upset.

i guess he couldn't compete against illegal immigrants installing "greese" traps.

well that would be a market where unskilled people willing to work for fuck all might turn a profit

how many hours a day was nontheist having to do a day to make a living again?

 

[nontheist]

im not sure if you were aware of this but posting the same link 11 times does not = 11 times the evidence....

Well he can't see it when it's posted once I figure a little per square inch would help him out. The information he wants is right in front of him but this blind stunt is the funniest shit ever. He is trying so fucking hard keep from proving himself a liar.

 

[UncleBuck]

well that would be a market where unskilled people willing to work for fuck all might turn a profit

how many hours a day was nontheist having to do a day to make a living again?

nonsenseist works 16 hours a day, every day, no vacations.

then he gets home and fucks his wife like a porn star, tends to his land, and any number of other awesome things that exist in the mind of a 16 year old kid.

Well he can't see it when it's posted once I figure a little per square inch would help him out. The information he wants is right in front of him but this blind stunt is the funniest shit ever. He is trying so fucking hard keep from proving himself a liar.

dude, you said that was a link about the "dept" ceiling, so i will disregard it since no such thing as the "dept" ceiling exists.

you could just point ou the legislation, i even got you started.

chill your vagina out, kiddo.

 

[nontheist]

nonsenseist works 16 hours a day, every day, no vacations.

then he gets home and fucks his wife like a porn star, tends to his land, and any number of other awesome things that exist in the mind of a 16 year old kid.



dude, you said that was a link about the "dept" ceiling, so i will disregard it since no such thing as the "dept" ceiling exists.

you could just point ou the legislation, i even got you started.

chill your vagina out, kiddo.

Bucky you have been expose for lying again with proof that leads directly to the statues and all you have done is sling shit for pages that has made you look ridiculous. We know your game when caught in a lie you start posting retarded shit. You're pathetic now go trim some bud you have nothing else to gain here but look more incompetent.

 

[UncleBuck]

Bucky you have been expose for lying again with proof that leads directly to the statues and all you have done is sling shit for pages that has made you look ridiculous. You're pathetic now go trim some bud you have nothing else to gain here but look more incompetent.

you can't even point to the legislation that raises the "dept" ceiling. pathetic.

15 minutes before i start harvesting, kiddo.

again, why so much free time lately? illegal immigrants take all your "greese" trap jobs?

 

[nontheist]

you can't even point to the legislation that raises the "dept" ceiling. pathetic.

15 minutes before i start harvesting, kiddo.

again, why so much free time lately? illegal immigrants take all your "greese" trap jobs?

I am not going to fight your side of the argument dumb fuck, I posted the proof and the information sits right there with a direct link to the whitehouse excel format. For fuck sake can you be any more retarded? When someone post a credible source and you want to refute it that's your fucking job. Hell I have done every thing but spell it out in crayola for you.

 

[UncleBuck]

I am not going to fight your side of the argument dumb fuck, I posted the proof and the information sits right there with a direct link to the whitehouse excel format. For fuck sake can you be any more retarded? When someone post a credible source and you want to refute it that's your fucking job. Hell I have done every thing but spell it out in crayola for you.

so i'll take it as a "yes" that you lost all your "greese" trap jobs to illegal immigrants then.

pathetic, even for you.

 

[nontheist]

so i'll take it as a "yes" that you lost all your "greese" trap jobs to illegal immigrants then.

pathetic, even for you.

Thank you bucky for making a nice ass clown rampage and proving once again you're a pathetic liar. Keep up the good work.

 

[thecoolman]

Is Bucky still having fantasies of getting boinked by a clown?

 

[Nutes and Nugs]

I think we put Bucky's panties in a bunch too early tonight and he's in a corner pouting, masturbating to gay porn no doubt.

 

[spandy]

Well you know he isn't working, that's for sure.

 

[UncleBuck]

Thank you bucky for making a nice ass clown rampage and proving once again you're a pathetic liar. Keep up the good work.

Is Bucky still having fantasies of getting boinked by a clown?

I think we put Bucky's panties in a bunch too early tonight and he's in a corner pouting, masturbating to gay porn no doubt.

Well you know he isn't working, that's for sure.

you guys seem upset. there is no need to be upset.