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Cannonpointer

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98% Macho Man
98% Macho Man
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golfboy » 18 Jul 2014 10:17 am » wrote: Show is whether there were more, or fewer regulations when Reagan left office, than when he started.
Oh wait, you can't because you don't know.

Lying piece of ****.
Hey, if you say ronnie regulated the **** out of wall street, I have to take your word for it.

Retard ronnie swore he would cut regulations,. but he lied his *** off.

Why do you get madder and madder, the more I agree with you, silly girl? :rolleyes: :drool:

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Vegas

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Giant Slayer
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And another cum guzzler who is completely clueless about capitalism.

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Cannonpointer

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98% Macho Man
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RichClem » 18 Jul 2014 10:17 am » wrote:
He didn't deregulate the banking system in any way that led to the S&L crisis or any other crisis.

Dems did under Carter and beyond.

That's the point, but of course a dishonest psychotic like you will bleat about anything and everything else.
Was it Carter, or Johnson, that got rid of glass-stegall?

I said it was Reagan and his successors that deregulated the financial industry, but you straightened me out that it was pre-Carter democrats.

I assume you linked that on a different day, in a different thread, on a diferent forum.

I trust you, Glory Hole.

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Cannonpointer

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98% Macho Man
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Vegas » 18 Jul 2014 10:25 am » wrote:And another cum guzzler who is completely clueless about capitalism.
Welcome, cum guzzler, and thanks for announcing yourself.

I would just call you CG, but that's taken.

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RichClem

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Cannonpointer » 18 Jul 2014 10:26 am » wrote: Was it Carter, or Johnson, that got rid of glass-stegall?

I said it was Reagan and his successors that deregulated the financial industry, but you straightened me out that it was pre-Carter democrats.

I assume you linked that on a different day, in a different thread, on a diferent forum.

I trust you, Glory Hole.
WTF are you babbling about? Glass Steagall was repealed under Clinton.

And it made banks stronger by allowing them to diversify out of simply mortgages the very loans that caused the meltdown.

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Vegas

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Giant Slayer
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Cannonpointer » 18 Jul 2014 10:27 am » wrote:


I would just call you CG, but that's taken.
That's ok, CP is taken but it could also mean Cluless Pecker. That fits you.

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Fuelman

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Politics: Capitalist

check out China tax rates,,,


Table of Income Tax Rates in China for an Individual in 2013




Tax %

Monthly Income (CNY)

3% 1 - 1,500
10% 1,501-4,500
20% 4,501-9,000
25% 9,001-35,000
30% 35,001-55,000
35% 55,001 - 80,000
45% 80,001 and above

Welfare in America should be taxed, it's unearned income

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Cannonpointer

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98% Macho Man
98% Macho Man
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RichClem » 18 Jul 2014 10:29 am » wrote:
WTF are you babbling about? Glass Steagall was repealed under Clinton.

And it made banks stronger by allowing them to diversify out of simply mortgages the very loans that caused the meltdown.
I believe the little monkey has a simpleton's grasp of what caused the meltdown. It was the repackaging of mortgages into speculative debt instruments specifically outlawed by Glass Stegall, not the mortgages themselves, which caused the melt down, little monkey.

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Cannonpointer

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98% Macho Man
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RichClem » 18 Jul 2014 10:18 am » wrote:
Exactly why you've been accurately labeled a troll and a liar. :\
That's "negative self-talk," son.

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golfboy

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Cannonpointer » 18 Jul 2014 11:20 am » wrote:
I believe the little monkey has a simpleton's grasp of what caused the meltdown. It was the repackaging of mortgages into speculative debt instruments specifically outlawed by Glass Stegall, not the mortgages themselves, which caused the melt down, little monkey.
If the mortgages were not bad, the "speculative debt instruments" wouldn't have been bad.
The CRA was responsible for the bad mortgages, not Glass Stegall.

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RichClem

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Cannonpointer » 18 Jul 2014 11:20 am » wrote: I believe the little monkey has a simpleton's grasp of what caused the meltdown. It was the repackaging of mortgages into speculative debt instruments specifically outlawed by Glass Stegall, not the mortgages themselves, which caused the melt down, little monkey.
Oh, so the mortgages themselves would have been paid if they weren't re-packaged? No, that's stunningly stupid. :rofl:

The Financial Freeze happened because mortgages were given that were not going to be paid. The form doesn't matter that much.

The problem was non-payment, not re-packaging.

But how typically stupid that you put your moonbat judgment over that of every business publication I've seen, the NYTimes and even Obama and Dems. :clap:

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Cannonpointer

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98% Macho Man
98% Macho Man
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golfboy » 18 Jul 2014 11:27 am » wrote: If the mortgages were not bad, the "speculative debt instruments" wouldn't have been bad.
The CRA was responsible for the bad mortgages, not Glass Stegall.
Yes, yes, and if frogs had wings their asses would not be so muscled.

Winglessness is what muscles are made of.

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golfboy

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Cannonpointer » 18 Jul 2014 11:39 am » wrote: Yes, yes, and if frogs had wings their asses would not be so muscled.
Winglessness is what muscles are made of.
It must suck to be so unable to respond to a fact, that you say stupid **** like this. ^^
******* liberal moron.

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RichClem

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golfboy » 18 Jul 2014 11:41 am » wrote: It must suck to be so unable to respond to a fact, that you say stupid **** like this. ^^

******* liberal moron.
It takes real talent to utterly bungle something so clear as toxic mortgages. :rofl:

The problem wasn't the unpaid debt, insists the moonbat. :clap:

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littlehawk12

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Spammer
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Cannonhomo really doesn't care what economic system is used as long as the handouts keep coming.

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Technocrat

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You can always tell high school is out for summer. Richclem starts making 50 threads per day spamming up the front page with his hilarious right wing delusional screeds.

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golfboy

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Technocrat » 18 Jul 2014 3:26 pm » wrote:You can always tell high school is out for summer. Richclem starts making 50 threads per day spamming up the front page with his hilarious right wing delusional screeds.
You claim to be a socialist, why don't you explain to Cannon what that means.

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RichClem

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Technocrat » 18 Jul 2014 3:26 pm » wrote:You can always tell high school is out for summer. Richclem starts making 50 threads per day spamming up the front page with his hilarious right wing delusional screeds.
You can always tell a moonbat by them calling common sense and knowledge "delusional screeds." :\

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Technocrat

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Richclem has political tourettes . But instead of saying ****, he starts to drool and rants about imaginary socialism.

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Technocrat

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Most historians lament the repeal of the Glass Steagall banking act. I will trust them over an internet professor like Richclem who openly claimed he doesn't have any regard for science and academic standards.

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