Who created most of the problems we face today like the Economic Crisis?
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  Who created most of the problems we face today like the Economic Crisis?
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Question: Who created most of the problems we face today like the Economic Crisis?
#1
The Republicans
 
#2
The Democrats
 
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Author Topic: Who created most of the problems we face today like the Economic Crisis?  (Read 2051 times)
JerryBrown2010
KyleGordon2016
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« on: July 24, 2009, 11:01:05 PM »

I know this topic will get people pointing fingers.
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Mechaman
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« Reply #1 on: July 24, 2009, 11:11:11 PM »

All of the above.
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Marokai Backbeat
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« Reply #2 on: July 24, 2009, 11:14:35 PM »

Both. A better question would have been "Conservatives or Liberals" as it's more ideology driven than party driven. Plenty of Conservative Democrats (and more mainstream Democrats from time to time) played their part in causing these problems.
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The Mikado
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« Reply #3 on: July 24, 2009, 11:17:11 PM »

The people who really caused the mess we're in aren't politicians.
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Marokai Backbeat
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« Reply #4 on: July 24, 2009, 11:45:22 PM »

The people who really caused the mess we're in aren't politicians.

Perhaps, but were they enabled by the politicians in one way or another? Certainly.
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○∙◄☻¥tπ[╪AV┼cVê└
jfern
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« Reply #5 on: July 25, 2009, 03:42:41 AM »

The Republican wings of both parties for passing garbage like this.

http://en.wikipedia.org/wiki/Gramm-Leach-Bliley_Act
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cannonia
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« Reply #6 on: July 25, 2009, 03:59:20 AM »

Neither party.  It's all Fate.
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Eraserhead
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« Reply #7 on: July 25, 2009, 04:38:48 AM »

Dracula
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The Vorlon
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« Reply #8 on: July 25, 2009, 09:24:36 AM »

I know this topic will get people pointing fingers.

The Dems get about 30% for, essentially, forcing Fannie/Ginnie mae to give mortgages to folks we KNEW wouldn't be able to pay them back.

The GOP gets about 20% of the blame for not properly (or even at all) regulating credit default swaps.

50% is bipartisan blame for spending too much and not controlling spending.
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Amenhotep Bakari-Sellers
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« Reply #9 on: July 25, 2009, 10:22:33 AM »

The Federal Reserve is the most responsible and Dems and GOP have contributed in making that into a bigger bureaucrat.  Al Gore would of made it bigger and so did Bush. 

The Federal reserve didn't want green jobs like most of europe and Canada and Swedes have done, they want big oil to contribute to our well being and that's what got us into this mess.

Not competeting in green technology like the rest of the world have done.
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JSojourner
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« Reply #10 on: July 25, 2009, 12:38:54 PM »

In this order...

1.   The Illuminati
2.   The Tri-Lateral Commission
3.   The Jews
4.   The UN
5.   Bill and Hillary

Don't you read Bible prophecy? 
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JerryBrown2010
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« Reply #11 on: July 25, 2009, 01:12:35 PM »

OK then most of the problems we face today like health care and the deficit.
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Devilman88
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« Reply #12 on: July 25, 2009, 01:15:01 PM »

I know this topic will get people pointing fingers.

The Dems get about 30% for, essentially, forcing Fannie/Ginnie mae to give mortgages to folks we KNEW wouldn't be able to pay them back.

The GOP gets about 20% of the blame for not properly (or even at all) regulating credit default swaps.

50% is bipartisan blame for spending too much and not controlling spending.

I couldn't say it better.
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opebo
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« Reply #13 on: July 25, 2009, 01:36:08 PM »

Its too obvious to be worth debating, as, by definition, anyone who doesn't get it already is a deluded.
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Marokai Backbeat
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« Reply #14 on: July 25, 2009, 01:46:35 PM »

I know this topic will get people pointing fingers.

The Dems get about 30% for, essentially, forcing Fannie/Ginnie mae to give mortgages to folks we KNEW wouldn't be able to pay them back.

The GOP gets about 20% of the blame for not properly (or even at all) regulating credit default swaps.

50% is bipartisan blame for spending too much and not controlling spending.

I couldn't say it better.

What does the deficit have to do with causing the current crisis? (At all)
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paul718
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« Reply #15 on: July 25, 2009, 10:26:12 PM »


The Dems get about 30% for, essentially, forcing Fannie/Ginnie mae to give mortgages to folks we KNEW wouldn't be able to pay them back.

Not true.  Fannie and Freddie were never allowed to purchase non-conforming loans.
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The Duke
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« Reply #16 on: July 26, 2009, 01:19:41 AM »

The Fed has been the primary malefactor, not any political party.
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opebo
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« Reply #17 on: July 26, 2009, 06:38:54 AM »

The Fed has been the primary malefactor, not any political party.

Dude, the Fed is only trying to make the best of the mess created by the politicians. 
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Beet
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« Reply #18 on: July 26, 2009, 02:01:20 PM »
« Edited: July 26, 2009, 02:03:07 PM by Beet »

If you're looking at political parties, you're not looking in the right place (although political parties did allow it to continue and were a conduit that facilitated it... and to some extent they still are, since the root problems are not being addressed (and will not be addressed until the American people stop watching American Idol and reality television... in other words not until armageddon)).
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Nym90
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« Reply #19 on: July 27, 2009, 07:47:09 PM »

Well, the Republicans have held the White House for 20 of the previous 28 years, so I give them 5/7 of the blame....though really the President who started us on this course, Reagan, deserves much more of it than the following 3 who failed to change that course.

Democrats in Congress do deserve some blame as well for being enablers.
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paul718
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« Reply #20 on: July 27, 2009, 08:29:52 PM »

Well, the Republicans have held the White House for 20 of the previous 28 years, so I give them 5/7 of the blame....though really the President who started us on this course, Reagan, deserves much more of it than the following 3 who failed to change that course.

Democrats in Congress do deserve some blame as well for being enablers.

So does Reagan get most of the credit for the hyperprosperity we realized in the mid-90s to mid-2000s?
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Smash255
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« Reply #21 on: July 27, 2009, 09:59:43 PM »

Well, the Republicans have held the White House for 20 of the previous 28 years, so I give them 5/7 of the blame....though really the President who started us on this course, Reagan, deserves much more of it than the following 3 who failed to change that course.

Democrats in Congress do deserve some blame as well for being enablers.

So does Reagan get most of the credit for the hyperprosperity we realized in the mid-90s to mid-2000s?

What led to the prosperity of the mid to late 90's was a reversal of some of Reagan's policies, specifically the Omnibus Reconciliation Act of 1993 played a major role. 
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Nym90
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« Reply #22 on: July 27, 2009, 10:42:56 PM »

Well, the Republicans have held the White House for 20 of the previous 28 years, so I give them 5/7 of the blame....though really the President who started us on this course, Reagan, deserves much more of it than the following 3 who failed to change that course.

Democrats in Congress do deserve some blame as well for being enablers.

So does Reagan get most of the credit for the hyperprosperity we realized in the mid-90s to mid-2000s?

What led to the prosperity of the mid to late 90's was a reversal of some of Reagan's policies, specifically the Omnibus Reconciliation Act of 1993 played a major role. 

Exactly.

Though overall Clinton didn't do much to reverse course, at least he tried.
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Brandon H
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« Reply #23 on: July 28, 2009, 11:42:29 AM »

The Federal Reserve.
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Stampever
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« Reply #24 on: July 28, 2009, 12:39:06 PM »


All of the above (or "Congress" for short).
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