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Biden's Age problems continue......

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silentkisser

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Butler1000 said:
Um. The S&L is a bit more complicated due to the massive interest rate hike under Carter. The Banks, due to lower interest charters lost business and only had low interest loans for income. So the regulation loosening was more a misguided attempt to mitigate that.

The problem was the bankers methods to get clients was really bad. And there wasn't enough business due to the recession. Going from a couple hundred billion in profit to about 4 billion in losses as an industry in two years.

In the end the Fed was trying to save them from dying. But I don't know if there was a solution. What I meant was Reagan and Bush 1 put the scammers in jail. That doesn't happen today.
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True....Just a few days ago, the dude who ran Countrywide financial's former CEO died. He FUCK the US economy with the massive amount of bad loans he wrote and some borderline illegal shit he pulled. Yet he never faced charges...
 
bver_hunter

bver_hunter

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Nov 5, 2005
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Butler1000 said:
So why didn't it happen when Obama had a super majority in the Senate and control of the house? And therefore no external opposition to stop him?
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Am I missing something? Was the ACA not implemented under Obama's tenure, despite all the opposition from the Far Right Tea Party?
 
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Butler1000

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bver_hunter said:
Am I missing something? Was the ACA not implemented under Obama's tenure, despite all the opposition from the Far Right Tea Party?
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Yes. But the GOP could only bitch. At one point Obama was Filibuster proof in the Senate. Could have passed Medicare for all. The Dems didn't despite his promises to do so. Instead the went with the right wing Heritage Foundation choice of subsidized private insurance. Without price controls.
 
mandrill

mandrill

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Butler1000 said:
Yes. But the GOP could only bitch. At one point Obama was Filibuster proof in the Senate. Could have passed Medicare for all. The Dems didn't despite his promises to do so. Instead the went with the right wing Heritage Foundation choice of subsidized private insurance. Without price controls.
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Isn't that because the Dem Party itself wouldn't have passed Medicare for all, regardless of what Obama wanted to do?
 
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Valcazar

Valcazar

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mandrill said:
Did you ever think that it might be politically impossible to institute single-payer universal health care in the US, given the strength of the health and insurance industry lobbies and the block opposition of the GOP and the Red States.

Just a thought.
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Butler is an authoritarian.
Structural limits are just the kind of thing a strong leader would push through. (You can see it in the various political figures he likes.)

It isn't like Canada had to compromise about what our Medicare system looks like due to entrenched political interests after all...
 
Valcazar

Valcazar

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mandrill said:
So who are you going to vote for, Butler? Cornell West? RFK JR?

Those have been your picks so far.
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Butler isn't a US citizen and won't be voting for anyone.
None of this matters to him - if you want to see how he would vote when there are actual stakes, ask him about Canadian elections.
 
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Valcazar

Valcazar

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bver_hunter said:
Medicare is only for the elderly and disabled, while Medicaid was for the poor. Those above the poverty line and low income Americans were the ones that did not have any coverage.
Affordable healthcare offered these low income Americans a form of Insurance and no wonder that Millions of Americans were getting some sort of coverage. Biden even wanted to eliminate the caps of the 400% above the poverty level so as to make it even more Affordable. Of course this was opposed by The Republicans as they know that they are eligible for free taxpayer funded Healthcare for their own selfish means. The Republicans will stymie any effort to expand Medicare by lowering the age, especially as they tried to scrap the Affordable Healthcare and had no plans to replace it. Own up to this fact for once!!
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You're asking him to look at the details of the political process or the actual effects of policies.
You saw his post in #43 - vibes is how truth is uncovered, he isn't going to start bringing out studies about the effects of the ACA or anything.
 
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kherg007

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May 3, 2014
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Hmm...ending American democracy by a 77 year old con artist fraudster vowing to turn the country into a totalitarian state, or, a decent guy with accomplishments but who's 80.
Tough choice.
 
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bver_hunter

bver_hunter

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Nov 5, 2005
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Butler1000 said:
Your problem is you see any criticism of Biden as pro Trump. Which is just not true.
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Your criticism has been directed to Biden and the Democrats 99% of the times. Barely seen you attacking Trump for whatever reason!!
 
bver_hunter

bver_hunter

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Nov 5, 2005
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Butler1000 said:
Yes. But the GOP could only bitch. At one point Obama was Filibuster proof in the Senate. Could have passed Medicare for all. The Dems didn't despite his promises to do so. Instead the went with the right wing Heritage Foundation choice of subsidized private insurance. Without price controls.
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Blame the Tea Party for everything under the Sun in their efforts to block The Affordable Healthcare!!
At least around 30 million Americans managed to then get this coverage. Something that they were deprived, under previous administrations!!
Otherwise, why did the likes of John McCain do the brave thing and leave his hospital bedside to prevent Trump from scrapping this Affordable Healthcare?
 
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Butler1000

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bver_hunter said:
Blame the Tea Party for everything under the Sun in their efforts to block The Affordable Healthcare!!
At least around 30 million Americans managed to then get this coverage. Something that they were deprived, under previous administrations!!
Otherwise, why did the likes of John McCain do the brave thing and leave his hospital bedside to prevent Trump from scrapping this Affordable Healthcare?
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Except he had the majority.
 
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