metis
aged ecumenical anthropologist
Look if you can't show something is dung , claiming it to be is dishonest. If you can it is redundant. In other words only a failed argument has any need to do so. I have asked you if you wanted the link. Of course you did not. I ask again. I have seen the whole thing. I know what was said during it. Do you want the evidence or would that just get in the way of the narrative?
The housing market was not the cause of the bubble. It existed when no bubble did. It was the affordable housing acts by Carter and doubled down on by Clinton that caused it. It basically "unofficially mandated" that loans be given to those who could not pay for them. It was backed up by government money (excuse me our money or those of left that contribute these days) by the billions and billions. It was basically a government bad paper buy up to buy votes and hide the problem. It makes no difference whatever who controlled congress once a law is in effect. Hearings and votes that require both sides are necessary to get rid of laws. Even histories worst ones.
I have a 401K, nothing collapsed concerning it. Some were gutted to an extent by the housing bubble and not buy what Bush did to any large extent.
Of course he was intimidated. That is what liberals do. He nor republicans created the problem, liberals mandated its continuation and the best you got is a guy who feared them enough to keep up their failed policies going. That is like pointing to that 24 billion supposedly lost during the shutdown which Obama is partially responsible for directly as a distraction from the trillions he is spending without any end in sight. It is smoke and mirrors from liberal creation to when it all finally collapses and no more mirrors can be found (their will still be a lot of smoke left however).
He was wrong. Obama is wrong, knows it, doesn't care, nor do his gullible supporters. And only one of them is actually the president. In 2535 when we have killed each other, the last liberal left will blame it on Bush.
I do not expect liberals to acknowledge all data, ever. I am surprised they ever acknowledge data their faulty mathematics does not produce at all. Do you realize there is not enough money in existence to pay off all our liabilities? How is that sustainable? I am against borrowing more no matter who does it, but right now your side is doing so as fast as they can invent falsified math and you let them. My side is doing everything they can to stop this circus and being ridiculed for it by yours.
Wow, you should write a book, and let me suggest this title: "Rewritten History According to 1Robin". I'm sure it would be a best seller under the "Comedy" category.
I could recommend several books on what happened to cause the Great Recession, but you wouldn't be interested because they're written by economists, including two Nobel Prize winners. What you wrote above is nothing short of sheer nonsense, and I have to keep on pinching myself to wonder why I waste my time with someone who is so partisan and so willing to believe in the above fairy tales.
BTW, if you ever decide to get serious, let me know and I'll give you the titles/authors of the economic books I was referring to above.