pancakes3 wrote:Wizardspride wrote:nate33 wrote:When did Trump claim that a person can't do their job because of race?
I assume he's referring to Judge Curiel?
yep:
https://www.businessinsider.com/paul-ryan-trump-racist-curiel-judge-2016-6and you know something's up when there's a wikipedia article about it
https://en.wikipedia.org/wiki/Racial_views_of_Donald_Trumpstilldropin20 wrote:i am sick and tired of obama appologists giving him credit for getting us back to where we already were. just look at black UE over the last 20 years.
historically we can see black UE rates under 7.5% from 1998-2001. and again in 2007 and still under 9% before obama took office.
then during the obama administration that rates immediately sky rocketed to 17% and stayed over 8% for nearly the entire Obama administration. dipping to 8% in his last month in office. 8 effin years later!!!!!! he finally gets back to the 8% UE rates for blacks that we had right before obama took office!!!!!! we were lower in 1999!!! as low in 2007!!!!
facts matter!!! context matters!!!
trump inherited a 7.5% UE for blacks and has put even more black people to work!!! historic lows!!! 6% . hardly the handy work of a racist!!!!!!!! policy matters!! jobs matter!!! the economy matters!!! real opportunity matters!!!
now look at wages...finally trending upward under trump after being stagnant for 2 decades!!!
you've made a boatload of absolutely ignorant comments in the last few pages re: monetary policy and fiscal policy but this most recent one makes it look like you don't remember what happened during the great recession.
in fact, it reads as you saying that that obama implemented racist economic policies specifically promoting african american unemployment - at least to the extent that trump is implementing economic policies specifically to promote AA employment.
wrong,
what i am saying is that obama was NOT ready for the presidency he inherited. And he was a sitting US senator for 4 years prior to running for president. So he knew what was going on. Bush2 brought both Mccain and Obama into the briefing for the entirety of the end of 2008 so as to prepare both for the banking crisis.
He acted "all-knowing" but knew little to nothing as to how to guide us out of the banking crisis which turned into a massive recession not seen since the likes of 1930's.
at the end of the day....Both Bush and Obama listened to the wall street bankers and the federal reserve board as to which banks to save and which to bail out. same with companies. Bush2 waiting until after Nov 8th to make final decisions on both so as to bring the winner of the election in on the decision making...Bush stepped aside and allowed Obama and Obama's team to make most/all of those decisions. Bush supported obama and stepped aside. you never heard from him again...until trump ran.
massive mistakes were made at the end of 2008 and early in 2009 to save and prop up many companies and banks instead of letting it all crumble. Most of it had already crumbled. Why not allow it all to fully collapse and go ground zero?
because we could have wiped out our debt completely if we allowed the federal reserve to collapse. instead obama doubled down after that bad debt sending good money after bad.
instead of wall street suffering. main street suffered. instead of every day americans keeping their homes, the banks foreclosed on 10 million homes and counting. why? obama could have allowed the unhealthy and insolvent companies like AIG to crumble and the banks that financed AIG to crumble behind them. as the bank crumbled, the american people could have kept their homes free and clear of debt. Or the US governement could have bought that debt and on the american people's homes and eased the pain and burden of interest. Instead Obama took an 80% equity position in AIG and injected it with $85 billion. over $800 billion in total bail outs to wall street!!!! While mom and pop lost their homes!!!! Why!!!!??
terrible effin policy!! that's why!!! we would have been better off at ground zero and a complete collapse of the federal reserve. erased all debt that they held, or bought it at a massive discount as the bank liquidated. and offered the american people a huge discount on their debt. erased our own debt in the process. why not do that? why bail out wall street instead of main street? made no sense. the banks should have been liquidated by the US government in 2009. seized everything. and redistributed it all back to the american people over time. we could have temporarily nationalized the entire banking system with the stroke of the pen. and created new banks slowly over time as it stabilized.
For comparison's sake, Putin paid off the european rothschild controlled central banks and then nationalized russia's central banks in 2016. its not unheard of. and the only reason Putin's economy is suffering now is US sanctions. Russia has NO debt to foreign central banks!!!
like i said, its a full rebuild.