Project 1999

Go Back   Project 1999 > General Community > Off Topic

Closed Thread
 
Thread Tools Display Modes
  #211  
Old 04-04-2021, 10:55 PM
Cassawary Cassawary is offline
Planar Protector

Cassawary's Avatar

Join Date: Dec 2020
Posts: 912
Default

Quote:
Originally Posted by Tentarro [You must be logged in to view images. Log in or Register.]
2008/9 is when a Democrat president was elected. Correlation -> Causation means the markets dip with a Democrat is in office.

Unless you're trying to somehow say W and the Republican party were mystically magically the masterminds of the housing crash? How did they do that?
The meme shows "real income". You're a moron.
  #212  
Old 04-04-2021, 10:59 PM
Jibartik Jibartik is offline
Planar Protector


Join Date: May 2015
Posts: 16,899
Default

Quote:
Originally Posted by Tentarro [You must be logged in to view images. Log in or Register.]
Unless you're trying to somehow say W and the Republican party were mystically magically the masterminds of the housing crash? How did they do that?
After years of financial deregulation accelerating under the Bush administration, banks lent subprime mortgages to more and more home buyers, causing a housing bubble. Many of these banks also invested in credit default swaps and derivatives that were essentially bets on the soundness of these loans.
  #213  
Old 04-04-2021, 11:23 PM
Kaveh Kaveh is offline
Planar Protector

Kaveh's Avatar

Join Date: Jun 2018
Location: Ctesiphon
Posts: 2,499
Default

Quote:
Originally Posted by Tentarro [You must be logged in to view images. Log in or Register.]
2008/9 is when a Democrat president was elected. Correlation -> Causation means the markets dip with a Democrat is in office.

Unless you're trying to somehow say W and the Republican party were mystically magically the masterminds of the housing crash? How did they do that?
The financial crisis didn’t happen before November 2008? Obama didn’t take office until January 2009

Bush was god awful dude get a grip
  #214  
Old 04-04-2021, 11:40 PM
Tentarro Tentarro is offline
Aviak

Tentarro's Avatar

Join Date: Jul 2018
Posts: 74
Default

Quote:
Originally Posted by Cassawary [You must be logged in to view images. Log in or Register.]
The meme shows "real income". You're a moron.
So you admit you're wrong, got it.

Quote:
Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]
After years of financial deregulation accelerating under the Bush administration, banks lent subprime mortgages to more and more home buyers, causing a housing bubble. Many of these banks also invested in credit default swaps and derivatives that were essentially bets on the soundness of these loans.
So you're telling me human greed caused a housing bubble, and not politicians?

Quote:
Originally Posted by Kaveh [You must be logged in to view images. Log in or Register.]
The financial crisis didn’t happen before November 2008? Obama didn’t take office until January 2009

Bush was god awful dude get a grip
Oh look, a guy who entered the conversation late and now wants to join in with brainless mumbling.
  #215  
Old 04-04-2021, 11:47 PM
G13 G13 is offline
Banned


Join Date: Jun 2010
Posts: 898
Default

Quote:
Originally Posted by Kaveh [You must be logged in to view images. Log in or Register.]
The financial crisis didn’t happen before November 2008? Obama didn’t take office until January 2009

Bush was god awful dude get a grip
It's roots go back to Clinton

It happened, because the Democrats said loans were not being granted to blacks cuz racisms, so they eased restrictions and backed these loans with the full power of The Federal Government

Sharks chased the easy money that had been created by Government intervention in the markets
  #216  
Old 04-04-2021, 11:48 PM
Cassawary Cassawary is offline
Planar Protector

Cassawary's Avatar

Join Date: Dec 2020
Posts: 912
Default

Quote:
Originally Posted by Tentarro [You must be logged in to view images. Log in or Register.]
So you admit you're wrong, got it.
If that's what you need to think baldy. 😊

Or you could just Google it. Whatever floats your boat.
  #217  
Old 04-04-2021, 11:48 PM
Jibartik Jibartik is offline
Planar Protector


Join Date: May 2015
Posts: 16,899
Default

Quote:
Originally Posted by Tentarro [You must be logged in to view images. Log in or Register.]
So you're telling me human greed caused a housing bubble, and not politicians
No that greed caused humans to want to sell houses and politicians allowed them and it caused a housing bubble.
  #218  
Old 04-04-2021, 11:51 PM
Tentarro Tentarro is offline
Aviak

Tentarro's Avatar

Join Date: Jul 2018
Posts: 74
Default

Quote:
Originally Posted by Cassawary [You must be logged in to view images. Log in or Register.]
If that's what you need to think baldy. 😊
[You must be logged in to view images. Log in or Register.]

Quote:
Originally Posted by Cassawary [You must be logged in to view images. Log in or Register.]
Or you could just Google it. Whatever floats your boat.
That wouldn't follow the rules of the conversation, you're not allowed to Google things or look them up, or simply know things, because then otherwise it's invalidated since it's on Wikipedia.

Moron.
  #219  
Old 04-04-2021, 11:52 PM
Tentarro Tentarro is offline
Aviak

Tentarro's Avatar

Join Date: Jul 2018
Posts: 74
Default

Quote:
Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]
No that greed caused humans to want to sell houses and politicians allowed them and it caused a housing bubble.
So politicians should intervene in the market is what you're now telling me?
  #220  
Old 04-04-2021, 11:56 PM
Jibartik Jibartik is offline
Planar Protector


Join Date: May 2015
Posts: 16,899
Default

Quote:
Originally Posted by Tentarro [You must be logged in to view images. Log in or Register.]
So politicians should intervene in the market is what you're now telling me?
instead of double posting try reading one hope this helps! [You must be logged in to view images. Log in or Register.]
Closed Thread


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 10:53 AM.


Everquest is a registered trademark of Daybreak Game Company LLC.
Project 1999 is not associated or affiliated in any way with Daybreak Game Company LLC.
Powered by vBulletin®
Copyright ©2000 - 2026, Jelsoft Enterprises Ltd.