Hiring by US businesses hits a record high

Discussion in 'Current Events' started by US Conservative, Jun 10, 2019.

  1. US Conservative

    US Conservative Well-Known Member Past Donor

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    Do you have any examples that aren't relatively small, ethnically homogeneous nations with military protection from other nations?
     
  2. Josephwalker

    Josephwalker Banned

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    And banks did that because democrats forced them to loan to "poor people".
     
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  3. ronv

    ronv Well-Known Member

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    Yeah, We got em right where we want em now. They are only growing 25 times faster than us. :)
     
    Last edited: Jun 14, 2019
  4. XploreR

    XploreR Well-Known Member

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    We do have some of that today, but as noted by Bernie Sanders, it's being used to subsidize big business, corporations, CEOs & the super wealthy, while the rest of us are expected to fend for ourselves as best we can. I'd like to change the focus to rewarding the workers of America instead of the fortunate few.
     
  5. XploreR

    XploreR Well-Known Member

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    No. But maybe the U.S. could fill that role in the near future?
     
  6. US Conservative

    US Conservative Well-Known Member Past Donor

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    We are none of those things. Never gonna be those things.
     
  7. XploreR

    XploreR Well-Known Member

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    I know you're wrong on the first part. I hope you're wrong on the 2nd part. :)
     
  8. US Conservative

    US Conservative Well-Known Member Past Donor

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    Is the US a small country? No. Both geographically but also by population.

    Is the US an ethnically homogeneous country? No. Quite different from europe actually.

    Is the US protected by other nations? Clearly not as our military is the best on earth.

    None of your nordic socialist dreams will happen here.
     
  9. XploreR

    XploreR Well-Known Member

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    There are forces at work within the country & politically that are in my favor. :)
     
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  10. US Conservative

    US Conservative Well-Known Member Past Donor

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    Yes and they are communists.
     
  11. Bearack

    Bearack Well-Known Member

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    Bernie's also not the sharpest tool in the shed. We have socialized education (which has become a complete failure) socialized healthcare in Medicaid and VA. Actually, Sweden which was a once fully socialized nation has moved more to a capitalist hybrid, similar to ours.
     
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  12. rahl

    rahl Banned

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    No they didn’t.
     
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  13. notme

    notme Well-Known Member

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    Nobody made banks to combine high risk loans with other products to make such a complicated new product that nobody knew what risk it had. That's the fault of the GOP, since they made it happen.
     
  14. Josephwalker

    Josephwalker Banned

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    It was done by banks to lay off risk incurred when democrats forced them to make subprime loans and is a perfect example of the law of unitended consequences and the road to Hell being paved with good intentions.
     
  15. notme

    notme Well-Known Member

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    There is nothing wrong with lending money to people who are not all financially there. We do that to countries too. The risk is known, and the profit/rent goes hand in hand. While it remains that nobody made them to bundle subprime loans with other loans, turning it all into new financial products with for other people unknown risks. That's is what the GOP let happen.
     
  16. Josephwalker

    Josephwalker Banned

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    Lending money to poor risk is just that,a poor risk and we saw the results when the economy had a slight downturn and the poor risk people began defaulting in mass which led to the great recession.
     
  17. notme

    notme Well-Known Member

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    You're just on full ignore that the banks mixed high risks with other loans, in such a way nobody knew the risk of the financial product created out of it. It's typical from the crowed who refuses to admit that this all happened with GWB/GOP at the helm.
     
  18. Josephwalker

    Josephwalker Banned

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    I believe I clearly stated that's exactly what they did in an earlier post and I stated the reason why. They were looking to lay off bad loans they were forced to make by Democrats.
    .
     
  19. notme

    notme Well-Known Member

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    You're never commented that banks combined the bad loans with other loans to hide the risk of that new financial product.
     
  20. Josephwalker

    Josephwalker Banned

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    Not specifically no but I assumed that was implied when I said they did it to lay off bad loans. I'm in no way saying banks are the good guys here only that they made decisions based on being forced to make bad loans by democrats. No subprime loans no tricky new investments that were designed to hide these subprime loans.
     
    Last edited: Jun 15, 2019
  21. notme

    notme Well-Known Member

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    And NOBODY made them do this. This is what the banks did. The GOP/GWB let this happen. And THAT crashed the economy. It would have worked out fine if everybody knew exactly how much risk a product had. And the banks did this, to sell a product that was way less than they claimed. They just conned around. And when people eventually found out that their investment was worth way less, ... THAT was the point that money disappeared and loads of financial institutions were going broke with bought products worth as good as nothing.
     
  22. Josephwalker

    Josephwalker Banned

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    If banks had not found a way to lay off the loans thus spreading the risk and if banks had held all those bad loans themselves the problem would have been banks going broke. If banks had been more upfront about these bundled bad loans and the high risk involved nobody would have bought them so it all boils down to the root cause which was democrats forcing banks to make subprime loans. They created an untenable situation that had to eventually break bad one way or another.
     
  23. edthecynic

    edthecynic Well-Known Member

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    The Dems never forced anyone to make sub prime loans to anyone. But you knew that already.
     
  24. edthecynic

    edthecynic Well-Known Member

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    You keep repeating this falsehood as if repeating it enough times will suddenly make it true. It won't. Bush and the GOP own the ARM subprime loans that caused the Great Bush Recession.
     
  25. TRFjr

    TRFjr Well-Known Member Past Donor

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    do you not understand how averages work?
    What's being said Obama never had a year which the average of that year was over 3% GDP
    that doesn't mean that one quarter during that year didn't have over 3% it means all the quarters of that year averaged together didn't go above 3%
    Obama is the only president in US history to never have a years average GDP over 3.0%
     

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