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Getbig Main Boards => Politics and Political Issues Board => Topic started by: blacken700 on August 02, 2009, 09:46:29 AM
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And the top of the depression
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Ha!!!!!!!!!!!!!!!!!!!!!!!!!
This is the architect of the the housing disaster and easy money policies and you have the balls to post this???
Greenspan should be locked up, not put on a video on this site.
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Not a good way to start the day 'blacken700'.
Greenspans dirty fingerprints are all over this current disaster as well as the dot.com bubble.
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hahahahahahahahahahahaha hahahah
PLEASE don't tell me you believe this scumbag.
I needed that laugh, unfortunately rage follows soon after.
He's like Paulson, a lot of talk but it means absolutely shiiiiit!
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well, I would never claim to know more about the economy than a man like Greenspan.
So I think we're gonna have to roll with him on this one.
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240 - Greenspan created the housing mess and now you say we should still follow him after he already once sent us over a cliff?
You guys are just too much. No wonder we have Obama as president with "thinking" like this.
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240 - Greenspan created the housing mess and now you say we should still follow him after he already once sent us over a cliff?
You guys are just too much. No wonder we have Obama as president with "thinking" like this.
i think ya missed the sarcasm in my post
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Congress has to take more than it’s fair share of the blame for at best blindly ignoring problems in the housing market and at worst actively encouraging reckless policies.
Without Greenspan, they might not have been able to take advantage of the situation in order to implement “affordable housing” for all, but only they can be held accountable for their actions. Alan Greenspan didn’t hold a gun to their head and tell them that they had to enact destructive policies “or else.” So allowing members of Congress to point their fingers at anybody else is inexcusable.
Equally at fault are the people who then went and took advantage of the system laid out before them. Who spends hundreds of thousands of money that they don’t have without doing proper research into it?
There’s an easy answer to that, people who were either too lazy or too trusting to look into the details. And one way or the other, it was irresponsible and foolish to bite off more than they could chew. They can only blame themselves for the predicaments they’re in now. Congress didn’t twist their arm anymore than Alan Greenspan did.
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Congress has to take more than it’s fair share of the blame for at best blindly ignoring problems in the housing market and at worst actively encouraging reckless policies.
Without Greenspan, they might not have been able to take advantage of the situation in order to implement “affordable housing” for all, but only they can be held accountable for their actions. Alan Greenspan didn’t hold a gun to their head and tell them that they had to enact destructive policies “or else.” So allowing members of Congress to point their fingers at anybody else is inexcusable.
Equally at fault are the people who then went and took advantage of the system laid out before them. Who spends hundreds of thousands of money that they don’t have without doing proper research into it?
There’s an easy answer to that, people who were either too lazy or too trusting to look into the details. And one way or the other, it was irresponsible and foolish to bite off more than they could chew. They can only blame themselves for the predicaments they’re in now. Congress didn’t twist their arm anymore than Alan Greenspan did.
This may very well be your best post so far, and one which I agree with.
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Congress has to take more than it’s fair share of the blame for at best blindly ignoring problems in the housing market and at worst actively encouraging reckless policies.
Without Greenspan, they might not have been able to take advantage of the situation in order to implement “affordable housing” for all, but only they can be held accountable for their actions. Alan Greenspan didn’t hold a gun to their head and tell them that they had to enact destructive policies “or else.” So allowing members of Congress to point their fingers at anybody else is inexcusable.
Equally at fault are the people who then went and took advantage of the system laid out before them. Who spends hundreds of thousands of money that they don’t have without doing proper research into it?
There’s an easy answer to that, people who were either too lazy or too trusting to look into the details. And one way or the other, it was irresponsible and foolish to bite off more than they could chew. They can only blame themselves for the predicaments they’re in now. Congress didn’t twist their arm anymore than Alan Greenspan did.
Great post, however, as Peter Schiff says, the government was the bartender serving endless drinks.
These people got scammed into buying into the "American Dream" and were not thinking correctly. Its sad, but the money and cheap loans should never have been available in the first place.
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well, I would never claim to know more about the economy than a man like Greenspan.
So I think we're gonna have to roll with him on this one.
do you take back your comment?
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do you take back your comment?
again, did you not see the LMAO comment, then my point that you must have missed the sarcasm in my post?
LOL!
(to explain it a second time - I think greenspan is so full of shit its unbelievable, hence my agreeing with him, leaving a big space, then laughing my ass off.)
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again, did you not see the LMAO comment, then my point that you must have missed the sarcasm in my post?
LOL!
(to explain it a second time - I think greenspan is so full of shit its unbelievable, hence my agreeing with him, leaving a big space, then laughing my ass off.)
hhhaaaaaaaa - I missed that. My bad. ;D ;D ;D ;D
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Congress has to take more than it’s fair share of the blame for at best blindly ignoring problems in the housing market and at worst actively encouraging reckless policies.
Without Greenspan, they might not have been able to take advantage of the situation in order to implement “affordable housing” for all, but only they can be held accountable for their actions. Alan Greenspan didn’t hold a gun to their head and tell them that they had to enact destructive policies “or else.” So allowing members of Congress to point their fingers at anybody else is inexcusable.
Equally at fault are the people who then went and took advantage of the system laid out before them. Who spends hundreds of thousands of money that they don’t have without doing proper research into it?
There’s an easy answer to that, people who were either too lazy or too trusting to look into the details. And one way or the other, it was irresponsible and foolish to bite off more than they could chew. They can only blame themselves for the predicaments they’re in now. Congress didn’t twist their arm anymore than Alan Greenspan did.
good post blacken.
-NT approved! 8)
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good post blacken.
-NT approved! 8)
Ask him where he stole it from?
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hhhaaaaaaaa - I missed that. My bad. ;D ;D ;D ;D
:)
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Congress has to take more than it’s fair share of the blame for at best blindly ignoring problems in the housing market and at worst actively encouraging reckless policies.
Without Greenspan, they might not have been able to take advantage of the situation in order to implement “affordable housing” for all, but only they can be held accountable for their actions. Alan Greenspan didn’t hold a gun to their head and tell them that they had to enact destructive policies “or else.” So allowing members of Congress to point their fingers at anybody else is inexcusable.
Equally at fault are the people who then went and took advantage of the system laid out before them. Who spends hundreds of thousands of money that they don’t have without doing proper research into it?
There’s an easy answer to that, people who were either too lazy or too trusting to look into the details. And one way or the other, it was irresponsible and foolish to bite off more than they could chew. They can only blame themselves for the predicaments they’re in now. Congress didn’t twist their arm anymore than Alan Greenspan did.
LOL blacken starting to sound like a conservative here ;D
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look for round 2 of quantitative easing when the FOMC meets again in november...lol yeaaaa were doing just fine
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greenspan is purely talking about for the corporations not the people and in that area he's probably right. He doesn't see anything else. For people like greenspan, the citizens are the corporations and the rest of you all are just squatters that don't matter. They were not kidding when these same people a year ago said this would be a jobless recovery.
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Here is where Blacken stole the paragraph from without attribution:
http://www.istockanalyst.com/article/viewarticle/articleid/3112440
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Here is where Blacken stole the paragraph from without attribution:
http://www.istockanalyst.com/article/viewarticle/articleid/3112440
LMFAO seriously?
blacken you pos you should get put in time out for this shit ::)
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Don’t Blame Me, ‘Cause Alan Greenspan Started It!
By: Smart Profits Report Thursday, March 12, 2009 1:47 PM
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According to one MSN Money blogger, we’re still debating who’s to blame for the economic mess we’re in. Mr. Anthony Mirhaydari makes the case that there’s a single person to blame for the housing bubble: Alan Greenspan.
Mirhaydari makes a decent case against the former Fed chief, citing that Greenspan “preferred to focus on short-term interest rates… and largely ignored the growth in the money supply as irrelevant.” Considering the here-and-now while simultaneously ignoring the future is never a good model to adhere to, if that is indeed what Greenspan was doing. And regardless of whether the case is stronger for or against the man, it is true that his policies when combined with others enacted at the same time made for a dangerous mix.
But that’s just the point… It was a mix as in more than one element - or in this case person - involved. Though it isn’t getting nearly enough focus, Congress has to take more than it’s fair share of the blame for at best blindly ignoring problems in the housing market and at worst actively encouraging reckless policies.
Without Greenspan, they might not have been able to take advantage of the situation in order to implement “affordable housing” for all, but only they can be held accountable for their actions. Alan Greenspan didn’t hold a gun to their head and tell them that they had to enact destructive policies “or else.” So allowing members of Congress to point their fingers at anybody else is inexcusable.
Equally inexcusable are the citizens who then went and took advantage of the system laid out before them. Who spends hundreds of thousands of money that they don’t have without doing proper research into it?
There’s an easy answer to that, though it’s hardly flattering: people who were either too lazy or too trusting to look into the details. And one way or the other, it was irresponsible and foolish to bite off more than they could chew. They can only blame themselves for the predicaments they’re in now. Congress didn’t twist their arm anymore than Alan Greenspan did.
Of course there are other groups that can be targeted who either directly assisted in creating the housing bubble, or through action or inaction, made it worse: presidents, foreign countries, individuals within the government or in the private sector. But my larger point is that there’s a lot of blame to go around, and it’s time that people start accepting some of it like mature adults instead of resorting to the same old arguments of “But he started it!” they were using back in grade school.
Thursday, March 12, 2009 - by Jeannette Di Louie, Assistant Editor, Mt. Vernon Research
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blacken - owned
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LOL blacken starting to sound like a conservative here ;D
In this day and age, ...how can you not? :-\
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LMFAO seriously?
blacken you pos you should get put in time out for this shit ::)
should we add a rule about this kind of thing? He may do it a lot but I've cought many others do it too over the years. The rule could end up screwing hh6 or someone else you guys like. But it would be a good rule for the forum. I hate when people fail to credit their post.
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Bump for blacken to explain why he plagiarizes.
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Bump for blacken to explain why he plagiarizes.
Bump for Blacken to explain why can't properly give attribution.
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bump to see if you guys want a rule on it.
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bump to see if you guys want a rule on it.
Yes I believe if you are going to post an article the source should be known.
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bump to see if you guys want a rule on it.
The rule should be that a poster needs to give attribution.
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Yes I believe if you are going to post an article the source should be known.
The thing with blacken is that he posts things as his own that are clearly stolen from others.
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The thing with blacken is that he posts things as his own that are clearly stolen from others.
Well its easy to tell, if he post anything other than a youtube video or 3 worlds with 50 ;D then you know its not his.
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greenspan is purely talking about for the corporations not the people and in that area he's probably right. He doesn't see anything else. For people like greenspan, the citizens are the corporations and the rest of you all are just squatters that don't matter. They were not kidding when these same people a year ago said this would be a jobless recovery.
Don't misunderstand, Greenspan was a disaster but on to my point about your post....
...as business goes, so go the American people. The business end is what matters. If it's free to function, free to turn a profit, the people benefit...our history has shown us that for over 200yrs.
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Don't misunderstand, Greenspan was a disaster but on to my point about your post....
...as business goes, so go the American people. The business end is what matters. If it's free to function, free to turn a profit, the people benefit...our history has shown us that for over 200yrs.
not so true anymore. When the bulk of things were made and sold here, you couldn't escape it... And you have a lot of these big corporations today themselves putting forth the idea that they're bigger than borders. In the 90's globalists talking about a new world and addressing the need for some economies to come down and others to come up and look what's happening today, to who's benefit? The people in America? and massive bailouts when they hit a bump. There's so much more in play now. I agree that it's still a factor, just not near as absolute as it once was. Plus, I'm not really the one putting forth these notions, that be the corporations and globalists. I didn't think this up, they did.
See, I give credit to the source :D
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sheesh, aggain?
ban this idiot.
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I don't agree with a rule like that (mandatory citing of links, etc.). You should do it, but it's too Mother Hen-ish for me. The fact blacken got outed as a plagiarizer is good enough. He (or she) lost whatever credibility he/she had.
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I don't care if we have the rule or not, if people want it, it won't really effect anything. People will still be able to post what they want either way. It's not an uncommon rule, many forums have it and some forums have even gotten in hot water for not having it, or rather set the rule after having legal issues with copyright holders.
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I don't care if we have the rule or not, if people want it, it won't really effect anything. People will still be able to post what they want either way. It's not an uncommon rule, many forums have it and some forums have even gotten in hot water for not having it, or rather set the rule after having legal issues with copyright holders.
I dont really care to be honest like beach said it is mother henish and probably would only be enforced when I fellow member noticed the pos do it...that being said i have never quoted or even referenced a website or article that i have read on the internet without posting a link...
what I think would be even more beneficial would be for ron or the mods to be able to see the IP addresses of users to do away with fuking gimmicks of which blacken, mons, 225x70/noamchompsky etc.... are most likely a part of...
ive never understood why this forum doesnt ban accounts with multiple handles from single ip addresses...others do and they dont have near the proble we do around this place ;)
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I dont really care to be honest like beach said it is mother henish and probably would only be enforced when I fellow member noticed the pos do it...that being said i have never quoted or even referenced a website or article that i have read on the internet without posting a link...
what I think would be even more beneficial would be for ron or the mods to be able to see the IP addresses of users to do away with fuking gimmicks of which blacken, mons, 225x70/noamchompsky etc.... are most likely a part of...
ive never understood why this forum doesnt ban accounts with multiple handles from single ip addresses...others do and they dont have near the proble we do around this place ;)
The only reason I asked the question is because there have been many posts made saying Mons should be banned for doing this. I've actually had people come at me in the past like I'm fucking up for not banning over this. It's been a while but it went something like, "how the hell can you let mons get away with this, why have you not banned him yet yada yada..." You yourself said that he should be in timeout over it. Well, I can't really ban someone for doing something that there is no rule against. I can't even warn him on it. So I thought it might be good to ask if you guys wanted a rule. If you don't want a rule, that's fine, just don't call for someone to be banned over it. on this issue, either way makes no difference to me. If you want it, fine, if not, fine.
On the IP address, Ron has checked into this and done away with a lot of gimmicks over the years. He doesn't get credit for doing that, but he has. There's been a few gimmicks that he's let stay because they had a reason for having them and they were not malicious. The others are hard to detect because people use proxy servers to avoid detection. So the same person can show up here with a dozen different IP's... And they do actually do that.
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LMFAO seriously?
blacken you pos you should get put in time out for this shit ::)
Though it isn’t getting nearly enough focus, Congress has to take more than it’s fair share of the blame for at best blindly ignoring problems in the housing market and at worst actively encouraging reckless policies.
Without Greenspan, they might not have been able to take advantage of the situation in order to implement “affordable housing” for all, but only they can be held accountable for their actions. Alan Greenspan didn’t hold a gun to their head and tell them that they had to enact destructive policies “or else.” So allowing members of Congress to point their fingers at anybody else is inexcusable.
Equally inexcusable are the citizens who then went and took advantage of the system laid out before them. Who spends hundreds of thousands of money that they don’t have without doing proper research into it?
There’s an easy answer to that, though it’s hardly flattering: people who were either too lazy or too trusting to look into the details. And one way or the other, it was irresponsible and foolish to bite off more than they could chew. They can only blame themselves for the predicaments they’re in now. Congress didn’t twist their arm anymore than Alan Greenspan did.
________________________ ______________
Another stolen piece from blacken without attribution.
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Back to your old form
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Case closed - ban this muppet.
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Not a good way to start the day 'blacken700'.
Greenspans dirty fingerprints are all over this current disaster as well as the dot.com bubble.
Obama did it...it crashed before he was in office...but somehow...its Obamas fault
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Obama did it...it crashed before he was in office...but somehow...its Obamas fault
Please Mal - your pathetic support of this disgusting Admn really speak volumes.
And yes - he is intentionally destroying the dollar to pay for his insane level of spending. Wake up dude.
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Case closed - ban this muppet.
you have over half the post today,really get a life :D
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Your slipping not nearly enough ;D
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you have over half the post today,really get a life :D
How about you go back to high school and get at least a GED?
You are the perfect example of a far left disgusting communist shill. Kill yourself and save the planet.
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Please Mal - your pathetic support of this disgusting Admn really speak volumes.
And yes - he is intentionally destroying the dollar to pay for his insane level of spending. Wake up dude.
What do you mean, i said it was his fault the economy fell....no he wasnt in office...but so what....blame him anyway...duh
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What do you mean, i said it was his fault the economy fell....no he wasnt in office...but so what....blame him anyway...duh
Ah actually he was in office he was the absentee Senator from my state.
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What do you mean, i said it was his fault the economy fell....no he wasnt in office...but so what....blame him anyway...duh
The re-appointment of Bernake speaks volumes. Bernake is doing what it will take to keep the level of govt spending at insane levels, NONE OF WHICH WE CAN REMOTELY AFFORD.
I know you are steeped in medical books - but when you get a chance - read this book.
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Ah actually he was in office he was the absentee Senator from my state.
Really...bro?...you know what im talking about..thats hella wack too...thats what you are reduced to. Hella wack fam...but i guess thats you...
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Really...bro?...you know what im talking about..thats hella wack too...thats what you are reduced to. Hella wack fam...but i guess thats you...
Mal - have you ever seen my KRS 1 video on Obama?
I really have no idea why minorities support obama in such numbers. Its utterly pathetic since they are the ones most harmed by his policies.
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its friday...take a break from "the sky is falling" screams...free hugs from this chick
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its friday...take a break from "the sky is falling" screams...free hugs from this chick
In other words:
1. I did not watch it since it might challenge my belief system
2. I did watch it and can't admit that I was sold a bill of a goods and duped like a sucker.
Which is it?
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In other words:
1. I did not watch it since it might challenge my belief system
2. I did watch it and can't admit that I was sold a bill of a goods and duped like a sucker.
Which is it?
Bro you are so blinded by hatred that you cant see...i have told you a thousand times i dont agree with Obamas politics and his approach to getting shit done. Ill say it again. I dont like GITMO. I hate the watered down Obamacare which wastes money and dosent get as much done. I hate that we still have troops in AFG. So for the 10th time..dont muthafuckin say that i support everything our President does because i fuckin dont. But im not goin to do this gay ass "the sky is falling" "this is the worst president in the history of the free world shit" i just dont do the dramatics. Fact is...our system says..no matter how he is the devil to you...he will be gone in max of 8 years...like i said before..im an American..and i support America. I supported Bush and his decisions because its my duty as an American to support my country's leader. And no matter how bad i think it is, its not the end of the world and it will only last 8 years max...God Damn.. Now go ahead and pick like one sentence to reply too and totally ignore the stuff that will mute your outrage.
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Bro you are so blinded by hatred that you cant see...i have told you a thousand times i dont agree with Obamas politics and his approach to getting shit done. Ill say it again. I dont like GITMO. I hate the watered down Obamacare which wastes money and dosent get as much done. I hate that we still have troops in AFG. So for the 10th time..dont muthafuckin say that i support everything our President does because i fuckin dont. But im not goin to do this gay ass "the sky is falling" "this is the worst president in the history of the free world shit" i just dont do the dramatics. Fact is...our system says..no matter how he is the devil to you...he will be gone in max of 8 years...like i said before..im an American..and i support America. I supported Bush and his decisions because its my duty as an American to support my country's leader. And no matter how bad i think it is, its not the end of the world and it will only last 8 years max...God Damn.. Now go ahead and pick like one sentence to reply too and totally ignore the stuff that will mute your outrage.
Meltdown. ;D
Seriously - Helicopter Bens' announcement today was really all one needs to hear to know what is really going on.
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Until the housing market has hit bottom (likely a few years from now with the stop on foreclosures) we will not have hit the bottom of anything. Once the American people feel confident in building wealth through their home, they will start to purchase goods as they have done in the past. Until that happens we will continue to free fall. It's a long road back.
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Until the housing market has hit bottom (likely a few years from now with the stop on foreclosures) we will not have hit the bottom of anything. Once the American people feel confident in building wealth through their home, they will start to purchase goods as they have done in the past. Until that happens we will continue to free fall. It's a long road back.
Sadly - i truly believe we have at least 25% to 50% downward on housing prices. until the average salary can afford the average home - prices will be out of whack.
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Really...bro?...you know what im talking about..thats hella wack too...thats what you are reduced to. Hella wack fam...but i guess thats you...
Its just me? OK whatever I guess the fact that congress sets the budget is irrelevant. What exactly am I reduced to, you see I actually understand how the government works, I don't believe in some pie in the sky horse shit you see on TV.
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Its just me? OK whatever I guess the fact that congress sets the budget is irrelevant. What exactly am I reduced to, you see I actually understand how the government works, I don't believe in some pie in the sky horse shit you see on TV.
Under the obama/reid/pelosi trifecta of treason, we dont even have a budget this year.
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Under the obama/reid/pelosi trifecta of treason, we dont even have a budget this year.
Not the point of the agrument. I make a point then I get the usual your stupid or thats just you crap. Please point out where I am wrong?
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Not the point of the agrument. I make a point then I get the usual your stupid or thats just you crap. Please point out where I am wrong?
You are not wrong at all - its just that the supporters of the dem/progressive agenda are so uuterly embarassed by the results of the people they eagerly supported that resort to personal attacks rather than defending their position.
HA HA HA - EAT SHIT YOU FOOLS