For once, I would like a GOP president to clean up their own economic mess

You seem to need to retrogress to matters of yore rather than honestly confront the reality that Trump (currently in office) did nothing to address any existing problems with Fannie and Freddie, not even during the two full years of Republican control of both houses of Congress.

 

It wasn’t a priority because of the Govt takeover under the Obama regime. The issues aren’t as dire as they were in 2007/08

 

If you need to reminisce, you can, of course.

Newt Gingrich's ties to Fannie Mae and Freddie Mac go back to July 1999 when Gingrich was hired by Freddie "to provide strategic counsel on a range of issues." At that time, Fannie Mae also hired Gingrich's former chief of staff Arne Christenson as a senior vice president for regulatory policy. Gingrich made between $1.6 million and $1.8 million overall in fees during the time that he consulted for Freddie Mac.

https://www.fool.com/investing/general/2011/11/16/the-history-of-freddie-mac-and-newt-gingrich.aspx
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What you seem to have difficulty honestly acknowledging is that Trump did nothing to address any problems with Fannie and Freddie, not even during the two full years of Republican control of both houses of Congress.

 

Great for Newt. He did a fine job implementing Clinton’s policies.

I don’t care about trump...the issues that caused the Great Recession aren’t there today because after the crash the left finally allowed reforming the agencies.

 

Many conservatives would have been surprised that Trump and the Republican-controlled Senate and Republican-controlled House actually ended up doing nothing about Fannie and Freddie during the two full years they could have:

 

So your still arguing a ridiculous, revenue about 20% short of doubling spending about 15% short of doubling and it's the fault of tax cuts the congress couldn't live within their greatly increased means?

 

The same thing the con artists did after the Great RepubliCON Recession of 2007: Blame everyone and everything but themselves.

 

I never head of that Dusty fella....I appreciate his opinion, but I was not at all surprised. Getting the economy moving. for all Americans, not just Wall Street was the top priority...

But with that said, Fannie and Freddie, are still on the table for some reform, and getting themout of conservatorship most importantly.

 

If you approve of Trump and the GOP-controlled Senate and GOP-controlled House doing nothing whatsoever about Fannie and Freddie during two full years, that is your right, of course.

As we discussed, during all that time, despite promises, they did not immediately repeal 'ObamaCare' and replace it with Trump's promised "something terrific!" healthcare that covers "everybody!" at "less cost!" or build even a single mile of Trump's "big, beautiful wall!" that he vowed Mexico would pay for, either.

 

Yeah...wasn’t a priority. Admins and Congresses have priorities.

Healthcare reform was one and legislation was proposed and blocked. There was no filibuster proof senate

 

As you know, republicans killed every single bill attempting to regulate fanny and Freddy from 2001-2007.

 

That’s simply a falsehood...even Barney Franks memo you’ve posted that highlights a couple bills highlights that...once you check the congessional record of the legislation

 

It’s a matter of public record, lol. You’ve been given the list of bills, and the vote totals. Republicans killed every one of them. I’ve never posted a memo from Barney frank. I’ve posted the congressional voting record of every bill proposed from 2001-2007 attempting to regulate fanny/Freddy.

 

I know it is...you’ve just never taken the time to review it...you’ve simply reviewed BarneyFrank’a memo without actually looking at the confessional record yourself

 

Proven false

 

I actually proved it quite nicely when I looked up the confessional record Of the legislation mentioned in the memo and provided you with the information.

 

Nope. I gave you every bill proposed to regulate Fanny and Freddy from 2001-2007, every one of which was killed by republicans, via the congressional voting record.

 

Haha you gave me Barney franks memo that is misleading at best

 

Nope. I gave you every bill proposed to regulate Fanny and Freddy from 2001-2007, every one of which was killed by republicans, via the congressional voting record.

 

The only thing you’ve ever posted to me was a memo...so maybe you are confusing me with someone else

 

Nope. I gave you every bill proposed to regulate Fanny and Freddy from 2001-2007, every one of which was killed by republicans, via the congressional voting record.

 

YOur math sucks is what that means REagan vetoed dozens of bills some were over ridden.

 

Good lord. more leftist two plus tw equals 25. There was nothing that Trump could do for FAnny and Freddie the situation was resolved under Obama Did you manage to forget entirely about Dodd Frank?

 

What budget bill did Reagan veto and democrats override?

 

Trump's trade war with China began March 22, 2018. https://en.wikipedia.org/wiki/China–United_States_trade_war

This chart shows how serious the problem is. Anyone thinking that Trump is responsible for any profit they may have made on their investments should take a close look at this chart and use the scanning tool provided.

https://www.macrotrends.net/1358/dow-jones-industrial-average-last-10-years

Notice how the stock market jumped up roughly 2,000 points after the November election. The Republican Party took control of government and Wall Street reacted in a very positive way because business leaders are generally Republican.

The important point is this. The Dow leaped ahead by 2,000 points before Trump took office on Jan. 20, 2017. He hadn't done anything yet.

A far more important point is the fact that since Trump started his trade war with China, the Dow has actually lost ground.

On Jan. 29, 2018, the Dow hit its 2018 high of 26,439. As of August 23, 2019, the Dow stood at 25,629, a net loss of 810.

As simple math has shown, any loss in principle is permanent.