Comments by "bart thomassen thomassen" (@thomassenbart) on "Face the Nation" channel.

Do we want socialism?
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Russia lost 500,000 troops at Stalingrad, not 70,000
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Future of the Republican Party?
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What is that supposed to mean?
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@elizabethstanley7137 Correct. I think Haley is a solid conservative and well informed and courageous. I believe she is labeled as a war monger etc... falsely by idiots like Tucker Carlson.
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Pay attention to all the other things he has done however: The economy, stock market, unemployment, GDP growth, wage rises, tax decrease, Foreign Policy, diminished tensions with N. Korea, recognition of Jerusalem as the capital of Israel, increased US military spending, withdrawal from Iran nuke agreement, imposing sanctions on Iran, N. Korea, Russia and Venezuela, crushed ISIS in Iraq, freed a dozen American hostages around the world, equipped Ukraine with heavy weapons to fight against Russia, Misc. building the wall along the s. border, appointment of federal judges, 2 supreme court justices appointed, decrease of 30,000 pages of federal regulations, trade deals with Canada and Mexico, confronting China on theft of intellectual property, tariffs on unfair trading and currency manipulation, right to try legislation for terminally ill, emphasized opioid crisis, Dakota access pipeline cleared, withdrawal from Paris Climate Treaty, etc...etc...
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@brigittescott7826 I am anti King. Which legislative powers are you speaking of? I agree that the Congress has continually surrendered more and more power to the Executive, since WWII. They should stop it but I don't think it may be possible these days. Social Security is demographically doomed as currently configured. It needs to be modified. People need to work longer and receive less and or the program should be ended and people need to take care of themselves. The government was not created to take care of the citizenry. It is our responsibility to do this. Each individual is sovereign. The nation does not have enough wealth to ensure work, health and housing for everyone, nor should it. The communists tried this with disastrous consequences world wide. The more government intervenes in these affairs the poorer we become. The trade war we are in with China is necessary. China is a threat to the long term prosperity of the USA and threatens us economically and militarily as it does its neighbors. I think it correct that the farmers are helped in this specific circumstance, in order to win the fight against the Chinese. They must stop stealing our intellectual property, dumping goods on our economy and destroying jobs and industries in the USA. Corporate welfare for the 1%? I think you are spouting propaganda. If you are referring to the tax reduction and specifically the Corporate reduction, both of these were all for the good. If you understand who is invested in the stock market, union, businesses, government, 401K, individuals, corporations etc...you realize this type of reduction helped a large majority of the country and definitely those who create innovation, jobs and wealth.
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@DanDeLeoninthefield Good luck with that
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Yes, the Demo Party and Kamala do act like dictators. This is obvious since HRC and her super delegates kept Bernie out. Kamala's ascension/quasi coup against Biden, who had been demented during his entire term, makes any objective person question how democracy works since govt. has been run by non-elected people and the candidate for the Demo party has not gained a single vote to be able to represent the Demo party. Where's the democracy in any of this? Trump is not the threat, the Demos are.
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Nikki’s responses were good detailed and on point
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The economy, stock market, unemployment, GDP growth, wage rises, tax decrease, Foreign Policy, diminished tensions with N. Korea, recognition of Jerusalem as the capital of Israel, increased US military spending, withdrawal from Iran nuke agreement, imposing sanctions on Iran, N. Korea, Russia and Venezuela, crushed ISIS in Iraq, freed a dozen American hostages around the world, equipped Ukraine with heavy weapons to fight against Russia, Misc. building the wall along the s. border, appointment of federal judges, 2 supreme court justices appointed, decrease of 30,000 pages of federal regulations, trade deals with Canada and Mexico, confronting China on theft of intellectual property, tariffs on unfair trading and currency manipulation, right to try legislation for terminally ill, emphasized opioid crisis, Dakota access pipeline cleared, withdrawal from Paris Climate Treaty, etc...etc...
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@bernardscheidle5679 The Mortgage crisis of 2008 came directly from decades worth of federal interventions in the housing market. President after president pressured Freddie and Fannie and then the banking industry to relax lending standards, in an attempt to get more Americans owning houses. Listen to Barney Frank speaking on the issue when he was the Chair on oversight. Which specific programs, or which half have gone nowhere? Economic improvement under 8 year of Obama was anemic. Any objective observer knows that the economy has taken off, since day one under Trump, regardless of your politics. Obama's bailouts were a failure, look at the stats, including the trillion he wasted on shovel ready jobs, which never came to pass. I am no Moscow troll. Speaking of the Russians, again Trump's policies have been significantly stronger against Putin and his regime than during Obama's tenure. You ought to do some actual research and stop drinking the Leftist Kool Aid.
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@bernardscheidle5679 Sadly the federal government did push the banking industry to lessen lending standards for home ownership, which led directly to the abuses to discuss. Were it not so, the 2008 crisis would not have happened. For both American and European economists, the main culprit of the crisis was financial regulation and supervision (a score of 4.3 for the American panel and 4.4 for the European one). This was certainly not the attitude at the time, as evidenced by President Obama’s decision to appoint Timothy Geithner (who in the five years leading up to the crisis was responsible for regulating the main U.S. banks) as Secretary of Treasury and reappoint Ben Bernanke (who had been either Governor or Chairman of the Fed for five of the six years before the crisis) as Fed Chairman. Who Is to Blame for the 2008 Financial Crisis? - - ProMarket.org https://promarket.org › blame-2008-financial-crisis "Finally, in June of 1995, President Clinton, Vice-President Gore and Secretary Cisneros announced the administration's comprehensive new strategy for raising home-ownership in America to an all-time home high. Representatives from ACORN were guests of honor at the ceremony. In his remarks, Clinton emphasized that: "Our homeownership strategy will not cost the taxpayers one extra cent. It will not require legislation." Clinton meant that informal partnerships between Fannie and Freddie and groups like ACORN would make mortgages available to customers "who have historically been excluded from homeownership." In the end, of course, Clinton's plan cost taxpayers an almost unbelievable amount of money." Clinton expanded the looting to Fannie Mae and Freddie Mac, forcing them through regulatory fiat to massively increase funds for subprime mortgages through their securitization practices. That securitization further spread severe damage once the housing bubble popped throughout the entire U.S. financial community, and beyond to financial institutions globally The big problem wasn't caused just by loans to low income borrowers. The problem was that once lending standards were trashed for these borrowers, they couldn't be maintained for more creditworthy borrowers. This let more well-heeled speculators in on the scam, now able to qualify for highly speculative mortgages they could not have qualified for previously. That vastly expanded the resulting credit risk vulnerabilities for the financial system, and vastly pumped up the housing bubble far more. How The Government Created A Financial Crisis - Forbes https://www.forbes.com › sites › peterferrara › 2011/05/19 › how-the-gov. During the 1990s and 2000s, the government attempted to increase home ownership, especially by subprime borrowers. Through the Community Reinvestment Act, tax incentives, Fannie Mae and Freddie Mac, and other channels, the government actively sought to put more Americans in homes. government housing policy encouraged the lowering of lending standards that further inflated the housing bubble. Two key forces here were the Community Reinvestment Act (CRA) and especially the Government-Sponsored Enterprises (GSEs), Fannie Mae and Freddie Mac, which were the main conduits through which the government pursued its affordable housing agenda. Starting in 1992, Fannie and Freddie were required to help the government meet its affordable housing goals by repurchasing mortgages made to lower-income borrowers. Over the next decade and a half, the Clinton and Bush administrations would increase the GSEs’ affordable housing quotas, which over time forced them to lower their underwriting standards by buying riskier and riskier mortgages. American Enterprise Institute scholar Peter J. Wallison sums up the role this would ultimately play in the crisis: By 2008, before the financial crisis, there were 55 million mortgages in the US. Of these, 31 million were subprime or otherwise risky. And of this 31 million, 76% were on the books of government agencies, primarily Fannie and Freddie. This shows where the demand for these mortgages actually came from, and it wasn’t the private sector. Free Markets Didn't Create the Great Recession https://ari.aynrand.org › blog › 2017/03/01 › free-markets-didnt-create-the. In 1999 the Glass-Steagall Act-- which had separated commercial banking from investment banking for 66 years, was overturned-- a move that opened the door to more speculative trading on the part of Wall Street firms. Then, in 2000 Messrs. Greenspan, former Treasury Secretary Rubin and his successor Lawrence Summers pressed to pass a bill that would prohibit the regulation of derivatives-- Secondly, the banks and investment banks were using reckless amounts of leverage. They borrowed, in many cases, $30 to $40 of debt for every dollar of capital they had. The 2008 Meltdown And Where The Blame Falls - Forbes https://www.forbes.com › sites › robertlenzner › 2012/06/02 › the-2008-m
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@bernardscheidle5679 That was funny but not necessarily on point. You should attempt making an actual argument rather than indulging in character assassination. A lack of supervision and regulation is correct especially since the govt deliberately pushed a specific policy of getting more Americans into houses, regardless of their ability to afford such. That is why all the laws and acts were passed, as I demonstrated prior to the 2008 meltdown. I'm not sure why you suddenly attacked Ayn Rand. Capitalism of course has excesses and there are up and down turns in the economy, (the business cycle) but the bubbles that happen recently, are often caused by govt intervention, which inflates a scenario and eventually leads to the pop! This is what happened in 2008. If you are an opponent of Atlas Shrugged and the individualist and capitalist model, you likely have little philosophical or intellectual ammunition in your pack. Every other economic model has led to massive poverty and or genocide. I'm not sure what you stand for.
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