The Dow's 31% gain during Trump's first year is the best since FDR

Discussion in 'Current Events' started by Josephwalker, Jan 19, 2018.

  1. AFM

    AFM Well-Known Member Past Donor

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    What is the source for that ??
     
  2. notme

    notme Well-Known Member

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    The GOP were in charge.
     
  3. notme

    notme Well-Known Member

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    January 10, 2009 [​IMG] IndyMac Federal Bank:
    IndyMac, a contraction of Independent National Mortgage Corporation, was an American bank based in California that failed in 2008 and was seized by the United States Federal Deposit Insurance Corporation
    August 14, 2009 [​IMG] Colonial Bank, Alabama
    On August 14, 2009, the bank failed and its 346 branches were seized by regulators.
    August 21, 2009 [​IMG] Guaranty Bank, Texas
    Guaranty Bank was a major bank based in Austin, which collapsed in 2009.
    December 18, 2009 [​IMG] First Federal Bank of California
    On Friday, December 18, 2009, First Federal Bank of California, a Federal Savings Bank (First Federal Bank of California), Santa Monica, CA was closed by the Office of Thrift Supervision.

    The banks failed and were closed by the government.
    period
     
  4. Brexx

    Brexx Well-Known Member

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    The post also explained why Bush was unable to do anything.
     
  5. notme

    notme Well-Known Member

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    post 272
     
  6. notme

    notme Well-Known Member

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    The GOP was in control of both houses and had the president in 2005.
    That makes it all their fault for not doing anything.
     
  7. AFM

    AFM Well-Known Member Past Donor

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    And that all happened in 2009.
     
  8. AFM

    AFM Well-Known Member Past Donor

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    Are you kidding me. Did you read post 272 ??

     
  9. AFM

    AFM Well-Known Member Past Donor

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    And in 2006 the D's controlled the House and Senate.
     
  10. notme

    notme Well-Known Member

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    You claimed "Banks consolidate every year."... I proved they went bust.

    The crisis was still in swing in 2009 with banks going bust all the way in december.
    Heck Ambac went bust in 2010... with a trillion loss in subprime mortgages.
     
    Last edited: Jan 21, 2018
  11. notme

    notme Well-Known Member

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    So what. GWB had both houses for 4 years...
     
  12. CourtJester

    CourtJester Well-Known Member

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    Nah, all the trends have continued intact. The stock market has surged as a recognition that this is a government of the Oligarchs where it is all about transferring money to the already rich. This is probably the biggest con of the average American in memory. The rich get richer, the defecit gets bigger, the average citizen loses his healthcare or it gets much more expensive and Medicare and SS gets cut.
     
    Last edited: Jan 21, 2018
  13. AFM

    AFM Well-Known Member Past Donor

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    You have proven nothing. All that was happening was consolidation of financial institutions - the financial crisis which was over. The TARP legislation provided the liquidity neede.
     
  14. AFM

    AFM Well-Known Member Past Donor

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    And was blocked by the D’s when the abuses of Freddie and Fannie became apparent.
     
  15. AFM

    AFM Well-Known Member Past Donor

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    That’s hilarious.
     
  16. CourtJester

    CourtJester Well-Known Member

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    The ignorant can do nothing but laugh at what they are incapable of comprehending.
     
  17. Brexx

    Brexx Well-Known Member

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  18. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    Ah, not aware of the business unfriendly Obama admin? Jobs, not number one, illegals number one. The democrat platform.
     
  19. notme

    notme Well-Known Member

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    I sourced they went bust in 2009, and an other in 2010.
    That makes it so that it wasn't over in 2009.
    period.
     
    Last edited: Jan 21, 2018
  20. notme

    notme Well-Known Member

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    The GOP was in full control for 4 years in a row. That makes it their fault. Nothing you put up disputes this.
     
    Last edited: Jan 21, 2018
  21. notme

    notme Well-Known Member

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    No there was nothing more to it. The GOP was in control for 4 years as president and in both houses. They did not prevent this from happening. Their fault. Nothing you put up disputes this.
     
    Last edited: Jan 21, 2018
  22. CourtJester

    CourtJester Well-Known Member

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    Do you know what the unemployment number was when Obama left office as opposed to when he took over from Shrub? Hint: 7.0% versus 4.7% when he left office.
     
    Last edited: Jan 21, 2018
  23. CourtJester

    CourtJester Well-Known Member

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    Last edited: Jan 21, 2018
  24. Brexx

    Brexx Well-Known Member

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    What I posted disputes it and the link I provided disputes it in much more detail. I didn't really think you would read it. Its at least 10 minutes of reading. LOL
     
  25. JakeStarkey

    JakeStarkey Well-Known Member

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    The HSs and Higher Institutions will teach about the overwhelming responsibility of the GOP Congress from 1994 to 2006 along with Bush's unwillingness to buck the financial crowd. The Fake Alt Right Media excuse-makers won't even make an impact and will die in the dust of history.
     

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