Future
Lv 7
Future asked in Politics & GovernmentPolitics · 3 years ago

Is it Hillary's fault Wall Street finally figured out Democrats are more competent than Republicans, and less likely to cause a new...?

...Recession?

Update:

...lol, you mean the GOP WRITTEN BILL that did that? Because they had veto proof numbers?

Update 2:

Yes many predicted it would happen because of bank deregulation written by Conservatives, and banks not even asking for pay stubs anymore, and refusing to change their rules during the 2004 banking hearings

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  • Anonymous
    3 years ago
    Favorite Answer

    Wall Street says Democrats caused the last recession.

    Edit: lol...Eric Zuesse article...lol...hahaha...wow. That's funny.

    Try reading something a little better...you know, like all the publications that predicted it would happen and why BEFORE it happened...and then explained in great detail each step....and then compare it to the timelines that prove the predictions were 100% accurate. Quit reading biased Monday-morning armchair quarterback nonsense.

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    • Rise of Iron
      Lv 7
      3 years agoReport

      Fannie Mae & Freddie Mac were not only mandated to accept loans from people who couldn't afford it, but the loans were backed by the Federal government. Mandates are regulations. It's obviously that regulation that was the problem. If there's no mandate, there's no reason for oversight, genius.

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  • -j.
    Lv 7
    3 years ago

    Republicans have been crying out for a president who's good for big business for years.

    Now big business is TELLING YOU which president they think will be better.

    And suddenly that's a weakness? What is even going on any more?

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  • 3 years ago

    LOL, are you saying that Wall Street is endorsing Democrats now? If so, then the GOP must not be in the pockets of Wall Street as much as the Democrats are.

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  • 3 years ago

    Democrats more competent? Bill Clinton signed a bill to repeal regulation in 1999 which led to the financial crisis in 2008.

    • Future
      Lv 7
      3 years agoReport

      ...lol, you mean the GOP WRITTEN BILL that did that? Because they had veto proof numbers?

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  • 3 years ago

    I hope she has a hand in convincing them of that. Republicans sends the world into a tailspin.

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  • Anonymous
    3 years ago

    That is the stupidest thing I've heard all day.

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  • spotty
    Lv 6
    3 years ago

    New recession? We're not out of the "old" recession yet.

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