The GOP? Well, I don’t know what holy crusade they were on to purify the State Dept. or the Supreme Court, or, well, I’m HOPING I’m wrong with that Bush really didn’t have good intelligence on Iraq.

I’d say the Administration couldn’t get out of its own way when it really mattered on acting.

The troops? They’re doing great, they are doing everything that Bush is asking, even when it comes to multiple duties, fractured initial planning, and no future.

But instead of the GOP, how about mentioning the Soldier’s families? How about mentioning ordinary citizens that are donating blood, food, money, materials, how about mentioning someone else?

And also Micky, you’re asking for a political success over the passed what? 2 years? Are you insane? Most policies take years to determine whether it was positive or negative, and with an ideological leader such as Bush vetoing anything that doesn’t jive with him, how do you expect ANYTHING to get done?

I mean, come on Micky, you gotta give and take, you can’t just sit and expect. I know you’re a rational person but you have to view both sides rationally, not just one side, whatever team your on. I know in real life, you can’t always be right, hell, if you’re married I can already prove you’ve been wrong on several accounts (I have a 6-year gf and I’m already losing like 23-444,164,908).

My quick take on the economic woes:

Honestly, I blame everyone, I blame our underlying system of greed and no personal accountability when it comes to when things go wrong. We need a different system in place, a new way of regulating what happens. I can’t fault any one person because I know I own stock, and I know I like it when it makes money, so anyone who owns stock and would have preferred it to go up for whatever reason can be blamed. At some point, companies didn’t work for their customers they worked for their stockholders, and I think that is the underlying problem.

I forgot to touch on this delusional assertion.
If I remember correctly this real eastate bubble began its creation as far back as the carter administration.
The feds 1977 Community Reinvestment Act (CRA) under which the Fed and other regulators pressured/extorted banks into making more loans to high risk borrowers that they would normally wouldnt be willing to risk. They didnt just “sit back”. They did most of the instigating.

Your first BS accusation is that it was some sort of runaway greed or ”market failure” because of the lenders and that its the cause of the subprime crisis.
Or so you say these same greedy lenders/wall street routinely ignore billions of dollars in potential profits in lower-income communities because of their racism, stupidity, or both. How my doin so far ?
So thats why the need for the CRA and you trying to say that no government agency, especially not the Fed, had anything to do with either the creation or bursting of the housing market bubble and the subprime crisis.
The first two asseretions conflict each other, and the third is plain BS. Fed policy is ostensibly about the cause of the subprime crisis — is the cause of the boom-and-bust cycle that caused the housing bubble and its bursting. Not “market failure” but Fed policy dating back to Carters policies in 77 that have been carried through to today.

After thirty years of these policies pressuring banks to make billions of dollars in bad loans to people with low or no credit ratings we endedc up with a bunch of CRA loans that basically no one could pay, or didnt want to.

And so as you would like to place the blame on the cons its pretty clear that you dont want any dems or libs to have to take any responsabil.ity in this matter when its only too evident that as far back as Carter up til todays Barney Frank and Chris Dodd its definitley been the dems that have their hands dirty in this mess, thats the part of the fed you should be blaming. Of course we know that’ll never happen.
Also, as proven to you before, but you still refuse to accept it, is the fact that McCain did try to stop this snowball from growing, he saw it coming and tried to do something about it. He went to the hill and warned them of what this bubbles potential was and Frank and buddies told him to stuff it.

Wall strett was not half as instrumental in all this as you would try to have people dumber than me believe.

Also, dont forget to answer my question.

Yea, well son, when you can answer my question we’ll talk about whos a man.

Not if they all sell bub.
People are dumping stock simply out of fear of devaluation.
Our next problem comin up real soon here is deflation.
The 30s are doin a deja vu buddy, like it or not. Right about then Obama will start implementing his socialist plan and you’ll be wishing you grew more tomatoes.
Go ahead, apply a bunch of over complcated scenarios and theories/opinions.
Your game is obvious as you dont want to stay on topic.

No theory here bub.
Its a historical fact that FDRs interventions screwed things up.
And you guys make up crimes just for something to do.
Stupid things like kids not being able to dress up like indians and pilgrims.
Whats next ? Playin cowboys and indians gonna be a crime ?

Converastion is over Jersey, you lose since it seems that I’ve succeeded in making my point as to what a jackass you’re being and how asinine your queationing me about the GOPs accomplishmants was.
Ontop of the fact that you’ve avoided answering me 3 times now only makes it evident that you’re just not man enough to admit that you of all people are closed minded if you really believe that the GOP majority has not one success story.

Sad, really really sad bro

If people at the top “sell” that will only serve to lower prices to what they realistically probably should be anyway. The stock market has been overvalued for years. Before the Dow crashed back in ‘87, it was around 2500. When it crashed this time it was at 13000. Virtual no sector in the economy has grown 500% over the past twenty years, let alone the entire GDP or any combination of international GNPs. The stock market, like the housing market, is and was overvalued. It was the same story back in ‘27, but rather then being inflated by the now seemingly quaint scams that occured back then, the market was inflated by complex schemes - really similar to Ponzi or Pyramid scams - exampled by such things as swaps and bundled mortgage securities. After the tech collapse, the con artists on Wall Street turned to real estate to ply their financial scams, and the federal gov’t, well aware of the shenanigans, sat back and let it happen. Meanwhile, conservative sycophants like you point to some of the failures of measures taken after the crime rather than the crime itself. Typical. You cons just can’t ever once be men enough to put the blame where it belongs - on conservative free market fundie scam artists.

JMJ

Nothing new in this administration buddy. Bunch of Clinton loyalists, same mistakes made in the 30s and foeign policies that will bring us back to ther Clinton days of complacency leading more attacks on our people or soil.
nothing new at all.
Just the same ole democratic strategies of tax the wealthy and give it to bumps on logs.
You know, gotta keep em wanting just enough to vote for you next time.

Now, answer my question and stop screwing around with irrelevance meant only to obfuscate

Back to Ohanian and Cole…

http://newsroom.ucla.edu/portal/ucla/FDR-s-Policies-Prolonged-Depression-5409.aspx?RelNum=5409

“President Roosevelt believed that excessive competition was responsible for the Depression by reducing prices and wages, and by extension reducing employment and demand for goods and services,” said Cole, also a UCLA professor of economics. “So he came up with a recovery package that would be unimaginable today, allowing businesses in every industry to collude without the threat of antitrust prosecution and workers to demand salaries about 25 percent above where they ought to have been, given market forces. The economy was poised for a beautiful recovery, but that recovery was stalled by these misguided policies.”

Though I disagree with Cole that such the inflated labor costs were a cause of prolonged depression, as you can see, this theory has nothing whatsoever to do with Keynesian theory.

Read it and weep.

JMJ

Keynes arguement that government policies could be used to increase demands is all to reminescent of exactly what we dont want.
More government. So far the attempts at a cost of billions are failing.

The new Deal is quite relective of what is taking place today with talks of more regulation, more taxation at the top which wont be enough, consequently as in the 30s they’ll start going after the small guy too, and pumping money into failed institutions.

Now, answer my question.

JMJ

“Research from (the University of California at Los Angeles) shows that it should have been over in 1936, but dragged on for seven years because of intervention in the labour market: “In an article in the August issue of the Journal of Political Economy, (Lee) Ohanian and (Harold) Cole blame specific anti-competition and pro-labor measures that Roosevelt promoted and signed into law on June 16, 1933. ‘President Roosevelt believed that excessive competition was responsible for the Depression by reducing prices and wages, and by extension reducing employment and demand for goods and services,’ said Cole, also a UCLA professor of economics. ‘So he came up with a recovery package that would be unimaginable today, allowing businesses in every industry to collude without the threat of antitrust prosecution and workers to demand salaries about 25 per cent above where they ought to have been, given market forces. The economy was poised for a beautiful recovery, but that recovery was stalled by these misguided policies. High wages and high prices in an economic slump run contrary to everything we know about market forces in economic downturns, Ohanian said. By artificially inflating both, the New Deal policies short-circuited the market’s self-correcting forces.’ By 1939 the US unemployment rate was 17.2 per cent, down somewhat from its 1933 peak of 24.9 per cent but still remarkably high.”
————————————————————————————

This is what i’ve been telling you all along.
————————————————————————————–

UCLA Economists: Government Intervention Prolonged Great Depression
2004 study found FDR’s ‘misguided policies’ delayed recovery.

By Paul Detrick
Business & Media Institute
10/28/2008 10:08:51 AM

Those who ignore history are doomed to repeat it.

In 2004, economists at the University of California, Los Angeles (UCLA), studied the policies of President Franklin Roosevelt’s New Deal and determined his policies prolonged the Depression by seven years.

Harold L. Cole and Lee E. Ohanian blamed anti-free market measures for the slow recovery in an article published in the August 2004 issue of the Journal of Political Economy.

Cole and Ohanian asserted that Roosevelt thought excessive business competition led to low prices and wages, adding to the severity of the Depression.

“[Roosevelt] came up with a recovery package that would be unimaginable today, allowing businesses in every industry to collude without the threat of antitrust prosecution and workers to demand salaries about 25 percent above where they ought to have been, given market forces. The economy was poised for a beautiful recovery, but that recovery was stalled by these misguided policies,” Cole said in a press release dated Aug. 10, 2004.

The professors paid particular attention to the National Industrial Recovery Act (NIRA) and the effect it had on competition. Passed in June 1933, the NIRA required companies to write industry-wide fair competition codes that fixed prices and wages, established production quotas, and imposed restrictions on companies if they wanted to enter into alliances, according to OurDocuments.gov.

The Supreme Court declared the NIRA unconstitutional two years after it was passed, but Cole and Ohanian said that the act caused enough damage during those two years leading to even more regulation.

Roosevelt pushed on after the NIRA was declared unconstitutional with the 1935 National Relations Act (NRA), which sought to regulate private sector labor and management practices, according to the National Labor Relations Board.

The NRA swelled the strength of Labor unions in 1936 and 1937 and as a result Cole and Ohanian estimated that there were 14 million strike days in 1936 and 28 million in 1937.

But the negative influence of FDR’s policies on the economic crisis of his day has been virtually ignored by the news media – despite hundreds of comparisons to the Great Depression in 2008.

A recent Business & Media Institute report, “The Great Media Depression,” revealed the media compared current economic conditions to the Great Depression more than 70 times in the first six months of 2008. An additional tally found at least 157 more comparisons since July 1, 2008.

Jersey.
Your question for proof of accomplisments by the GOP is about as freaking asinine and childish as it gets.
You asked for “ONE” example and I gave it to you.
I also explained using Joes example that what I see as an accomplishment you see as a failure or nothing.

I have some very distasteful things to say about people like you who wont give credit to our troops and GOP for insuring our safety for the last 8 years.
Your disengenuous ass in in one piece because of a GOP that reckognizes our enemy and what it takes to protect us from them by supporting our troops with more than the empty flak you and your ilk offer up that I wouldnt touch with a pooper scooper.

“The terrorism example is lost on me. I don’t see the GWOT as a success by any stretch of the imagination.”

If someone blew your rump off its foundation right now then the last 8 years would of been a success.

“As for Obama and the stupid, petty, adolescent matching fund “issue,” I think people who concern themselves with that need to get lives.”

Yea right ya hypocrite.
But you can be incredibly petty beyond belief on issues like “mission accomplished” and accuse Bush of lying with no proof whatsoever ?
And then you tell me to get a life because I heard the man with my own two ears, along with the whole country, go back on his word ?
MORE THAN ONCE !!!

The man lied.
Was it a smart move ? Maybe. Who cares, HE LIED !!!!

NOw, lets try this so that I can point out just what a jackass you’re being.

Tell me one thing good thats come out of the Dem majority in the last 2 years.

I dare you.