Steve Kelley by Steve Kelley

Steve Kelley

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  1. indieme

    indieme GoComics PRO Member said, almost 2 years ago

    It sure as heck takes longer to fix a problem than to cause one. Just ask the Nincompoop-in-Chief, W.

  2. bobwinners

    bobwinners GoComics PRO Member said, almost 2 years ago

    Well, geez. Everyone thought that they would sell the house and retire… Don’tcha know? When everyone thinks something, everyone is invariably wrong.

  3. mikefive

    mikefive said, almost 2 years ago

    Apropo!

  4. josefw

    josefw GoComics PRO Member said, almost 2 years ago

    @indieme

    Last time I looked, the Nincompoop-in-Chief was BHO.

  5. h w

    h w GoComics PRO Member said, almost 2 years ago

    There were a lot of factors leading to the 2007 financial crisis, including the housing bubble, deregulation, and rising oil prices.
    But it’s very interesting, that the income share of the top 1% was increasing dramatically before both the Great Depression, and the 2007 crisis. Kind of refutes the theory of the supply-siders.
    2007-2012 Crisis

  6. indieme

    indieme GoComics PRO Member said, almost 2 years ago

    @josefw

    Editor of the Harvard Law Review is not as smart as a C student idiot? Hardly.

  7. dtroutma

    dtroutma GoComics PRO Member said, almost 2 years ago

    There is one “blanket” that covers ALL the losses, in housing, stock derivatives, investments, and debt interest: Reaganomics.

  8. mdavis4183

    mdavis4183 GoComics PRO Member said, almost 2 years ago

    The failed policies that caused this mess are failed Democrat policies designed to make life fair.

  9. ARodney

    ARodney said, almost 2 years ago

    Nope, not true at all. You can’t find statistics to support that completely false statement, Davis.

  10. dtroutma

    dtroutma GoComics PRO Member said, almost 2 years ago

    ^ “W”???

  11. josefw

    josefw GoComics PRO Member said, almost 2 years ago

    @indieme

    Editor of HLR is an accomplishment, not a grade. What were BHO’s grades at Occidental College, Columbia University and Harvard Law?

  12. josefw

    josefw GoComics PRO Member said, almost 2 years ago

    @Eryx

    I am so pleased that you are keeping tab’s on me! Sends tingly goose bumps up and down my leg.

  13. h w

    h w GoComics PRO Member said, almost 2 years ago

    @rightisright

    “The failed policies that got us into this mess are also the design of taxocrats. Community Reinvestment Act”


    Wrong.


    “An analysis by the Federal Reserve Bank of Dallas in 2009, however, concluded unequivocally that the CRA was
    not responsible for the mortgage loan crisis, pointing out that CRA rules have been in place since 1995 whereas the
    poor lending emerged only a decade later. Furthermore, most sub-prime loans were not made to the LMI
    borrowers targeted by the CRA, especially in the years 2005–2006 leading up to the crisis. Nor did it find any
    evidence that lending under the CRA rules increased delinquency rates or that the CRA indirectly influenced
    independent mortgage lenders to ramp up sub-prime lending.”
    (from the citation I gave earlier. Read it before making stupid comments.)

  14. h w

    h w GoComics PRO Member said, almost 2 years ago

    “Economist Paul Krugman argued in January 2010 that the simultaneous growth of the residential and commercial
    real estate pricing bubbles undermines the case made by those who argue that Fannie Mae, Freddie Mac, CRA or
    predatory lending were primary causes of the crisis. In other words, bubbles in both markets developed even though
    only the residential market was affected by these potential causes”
    (ibid.)

  15. ossiningaling

    ossiningaling said, almost 2 years ago

    The study was from 2007 – 2010. I heard that home values have gone back up somewhat since then.
    But it wasn’t from Fox & Friends, so I can’t be sure that it’s true.

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