Thank you Clinton for the Sub-Prime Boom! 1999 NYT Article

[DWCAP]

[quote=TheBreeze]
During 6 of the 8 years Chimpy was in office, Republicans also controlled Congress. So Bush and a Republican Congress racked up more debt in 8 years than the total debt racked up by every other Presidential administration in U.S. history. Horrible.

There’s no way Democrats could spend more money because Bush has spent the most in history — and all with the blessings of a Republican Congress. [/quote]

Actually the republicans only had control of the house for 6 outa 8 years. Democrats had control of the senate for 4 out of the 8, with the defection of Sen Jeffords to the democrats in June of 2001, six months after the 107th congress started. You may hate Bush with as much passion as I do, but please dont make statements that help wash the democrats of their shame. None of this could have happened with them.
And they can most definatly spend more than Bush, there is no ceiling on stupidity and bad managment in gov.

Fact Check:
…. Both chambers had a Republican majority until June 6, 2001, after which the Senate had a Democratic majority.

http://en.wikipedia.org/wiki/107th_United_States_Congress

[fm]

[quote=DWCAP]

No, the surplus Clinton is given credit for was due to the tech bubble. People were day trading stocks like crack and it generated HUGE tax$$$. When it all burst in 2000, it didnt show up till 2001 when we had a new prez. He then latched onto 9/11 as a chance to make a name for himself and get reelected/keep repub’s in power. Fiscal disaplin in the repub’s broke down then in a rush to get reelected and we ended up roughly doubling our national debt. The housing bubble was used/created to limit the pain of the 1990’s stock bubble.
[/quote]

I agree about the tech bubble, in the 90’s that was the time when the internet and computers became a commonplace feature in the household because technology made it affordable at that time. I don’t really see the government having to do much with that.

[fm]

[quote=DWCAP]

No, the surplus Clinton is given credit for was due to the tech bubble. People were day trading stocks like crack and it generated HUGE tax$$$. When it all burst in 2000, it didnt show up till 2001 when we had a new prez. He then latched onto 9/11 as a chance to make a name for himself and get reelected/keep repub’s in power. Fiscal disaplin in the repub’s broke down then in a rush to get reelected and we ended up roughly doubling our national debt. The housing bubble was used/created to limit the pain of the 1990’s stock bubble.
[/quote]

I agree about the tech bubble, in the 90’s that was the time when the internet and computers became a commonplace feature in the household because technology made it affordable at that time. I don’t really see the government having to do much with that.

[fm]

[quote=DWCAP]

No, the surplus Clinton is given credit for was due to the tech bubble. People were day trading stocks like crack and it generated HUGE tax$$$. When it all burst in 2000, it didnt show up till 2001 when we had a new prez. He then latched onto 9/11 as a chance to make a name for himself and get reelected/keep repub’s in power. Fiscal disaplin in the repub’s broke down then in a rush to get reelected and we ended up roughly doubling our national debt. The housing bubble was used/created to limit the pain of the 1990’s stock bubble.
[/quote]

I agree about the tech bubble, in the 90’s that was the time when the internet and computers became a commonplace feature in the household because technology made it affordable at that time. I don’t really see the government having to do much with that.

[fm]

[quote=DWCAP]

No, the surplus Clinton is given credit for was due to the tech bubble. People were day trading stocks like crack and it generated HUGE tax$$$. When it all burst in 2000, it didnt show up till 2001 when we had a new prez. He then latched onto 9/11 as a chance to make a name for himself and get reelected/keep repub’s in power. Fiscal disaplin in the repub’s broke down then in a rush to get reelected and we ended up roughly doubling our national debt. The housing bubble was used/created to limit the pain of the 1990’s stock bubble.
[/quote]

I agree about the tech bubble, in the 90’s that was the time when the internet and computers became a commonplace feature in the household because technology made it affordable at that time. I don’t really see the government having to do much with that.

[fm]

[quote=DWCAP]

No, the surplus Clinton is given credit for was due to the tech bubble. People were day trading stocks like crack and it generated HUGE tax$$$. When it all burst in 2000, it didnt show up till 2001 when we had a new prez. He then latched onto 9/11 as a chance to make a name for himself and get reelected/keep repub’s in power. Fiscal disaplin in the repub’s broke down then in a rush to get reelected and we ended up roughly doubling our national debt. The housing bubble was used/created to limit the pain of the 1990’s stock bubble.
[/quote]

I agree about the tech bubble, in the 90’s that was the time when the internet and computers became a commonplace feature in the household because technology made it affordable at that time. I don’t really see the government having to do much with that.

[michael]

“I agree about the tech bubble, in the 90’s that was the time when the internet and computers became a commonplace feature in the household because technology made it affordable at that time. I don’t really see the government having to do much with that.”

What?

[michael]

“I agree about the tech bubble, in the 90’s that was the time when the internet and computers became a commonplace feature in the household because technology made it affordable at that time. I don’t really see the government having to do much with that.”

What?

[michael]

“I agree about the tech bubble, in the 90’s that was the time when the internet and computers became a commonplace feature in the household because technology made it affordable at that time. I don’t really see the government having to do much with that.”

What?

[michael]

“I agree about the tech bubble, in the 90’s that was the time when the internet and computers became a commonplace feature in the household because technology made it affordable at that time. I don’t really see the government having to do much with that.”

What?

[michael]

“I agree about the tech bubble, in the 90’s that was the time when the internet and computers became a commonplace feature in the household because technology made it affordable at that time. I don’t really see the government having to do much with that.”

What?

[jpinpb]

So while comment was made about Fannie and Freddie giving Dems money, turns out 2 million was funneled to Rich Davis and his firm up until August, you know, chief executive officer of the John McCain 2008 presidential campaign.

Fannie and Freddie were more vicitms. Even if they were regulated as Reps wanted, that would’ve done little to control all the banks and CDS that were occurring.

[jpinpb]

So while comment was made about Fannie and Freddie giving Dems money, turns out 2 million was funneled to Rich Davis and his firm up until August, you know, chief executive officer of the John McCain 2008 presidential campaign.

Fannie and Freddie were more vicitms. Even if they were regulated as Reps wanted, that would’ve done little to control all the banks and CDS that were occurring.

[jpinpb]

So while comment was made about Fannie and Freddie giving Dems money, turns out 2 million was funneled to Rich Davis and his firm up until August, you know, chief executive officer of the John McCain 2008 presidential campaign.

Fannie and Freddie were more vicitms. Even if they were regulated as Reps wanted, that would’ve done little to control all the banks and CDS that were occurring.

[jpinpb]

So while comment was made about Fannie and Freddie giving Dems money, turns out 2 million was funneled to Rich Davis and his firm up until August, you know, chief executive officer of the John McCain 2008 presidential campaign.

Fannie and Freddie were more vicitms. Even if they were regulated as Reps wanted, that would’ve done little to control all the banks and CDS that were occurring.

[Author]

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