Reagan insider: 'GOP destroyed U.S. economy'

[Parker2112]

I tend to agree with Stockman but IMHO Democrats and Republicans share the blame equally and will share the pain equally.

Your missing his point entirely. Go figure.

He's not saying Dems are not to blame.

He's saying the Republicans had the right philosophy with fiscal conservatism, and the application of true fiscal restraint...which only they would have done...was the prescription for our economy. And Repubs instead decided to join in the free for all with everyone else.

They sold out thier cons uents and the country by reducing their principles to lip service and turning their backs on party principles.

His main point is: Repubs alone carried the antidote, and they refused to use it. And now its too late.

[Parker2112]

i just got through looking at the exact same thing.

CC lies when he can't win an argument with the truth.

[ElNono]

CC lies when he can't win an argument with the truth.

Well, he's not lying. He's just using a different metric.

[TeyshaBlue]

If you look at it per capita. Looking at actual amount disbursed by the federal government, Texas ranked consistently 3rd behind California and New York.

Numbers don't lie: http://www.census.gov/prod/www/abs/fas.html

Ummm...take a look at figure 5of 2008. Doesn't look like Texas even sniffs the top half.??

[TeyshaBlue]

What am I missing here?

[ElNono]

Ummm...take a look at figure 5of 2008. Doesn't look like Texas even sniffs the top half.??

Again, that's per-capita. Amount / population.

If you look at Table 1 (actual amounts):

California: $53,818,106
New York: $44,453,782
Texas: $30,579,994

[CosmicCowboy]

If you look at it per capita. Looking at actual amount disbursed by the federal government, Texas ranked consistently 3rd behind California and New York.

Numbers don't lie: http://www.census.gov/prod/www/abs/fas.html

You are such a knee jerk fool. How is comparing California to Rhode Island even remotely relevant if you don't use PER CAPITA numbers?

Here are the RELEVANT rankings.

http://www.nemw.org/images/fedspend2rank.pdf

Just admit your claim that Bush favored Texas was a MASSIVE fail and move on.

[TeyshaBlue]

Again, that's per-capita. Amount / population.

If you look at Table 1 (actual amounts):

California: $53,818,106
New York: $44,453,782
Texas: $30,579,994

I think if you're going to measure something that is awarded to individual citizens, then the number of citizens becomes very germane to the total. Per Capita is the fairest way to measure this.
Texas does rank #2 in population, after all.

http://www.census.gov/compendia/stat...ks/rank01.html

[CosmicCowboy]

CC lies when he can't win an argument with the truth.

And again, Parker proves he is an absolute ing idiot.

[ElNono]

I think if you're going to measure something that is awarded to individual citizens, then the number of citizens becomes very germane to the total. Per Capita is the fairest way to measure this.
Texas does rank #2 in population, after all.

http://www.census.gov/compendia/stat...ks/rank01.html

But it isn't awarded to individual citizens. It's awarded to the state in order to distribute to citizens.

[CosmicCowboy]

But it isn't awarded to individual citizens. It's awarded to the state in order to distribute to citizens.

Wrong again. Federal dollars are distributed in a mul ude of ways.

[Parker2112]

And again, Parker proves he is an absolute ing idiot.

I stand by the statement. I was speaking in general terms.

[TeyshaBlue]

But it isn't awarded to individual citizens. It's awarded to the state in order to distribute to citizens.

Exactly. If a state has 21 million citizens, it's likely to get more aid than a state with 2 million.
If you are going to compare amounts of aid to states, you have to take into account the population of those states since they are, ultimately, the recipient of that aid in one form or another.

[CosmicCowboy]

Bottom line, There was no favoritism to Texas by Bush as was falsely claimed.

On the other hand, Obama shutting down NASA in Houston was clearly to spite Texas.

[ElNono]

Wrong again. Federal dollars are distributed in a mul ude of ways.

But we're not talking about Federal dollars in general, are we? We're talking about State aid specifically.

[clambake]

lol

[coyotes_geek]

But it isn't awarded to individual citizens. It's awarded to the state in order to distribute to citizens.

Do you think there might be some correlation to the number of citizens a state has and the amount awarded to the state?

[ElNono]

Exactly. If a state has 21 million citizens, it's likely to get more aid than a state with 2 million.
If you are going to compare amounts of aid to states, you have to take into account the population of those states since they are, ultimately, the recipient of that aid in one form or another.

I understand how aid is calculated. It doesn't take away that Texas is the 3rd most money getter from federal aid in the country.

[ElNono]

Do you think there might be some correlation to the number of citizens a state has and the amount awarded to the state?

Of course there is. Did I claim otherwise?

[TeyshaBlue]

But we're not talking about Federal dollars in general, are we? We're talking about State aid specifically.

Uh, yes we are talking about Federal dollars. The census data you are using specifically states that.

[ElNono]

Bottom line, There was no favoritism to Texas by Bush as was falsely claimed.

I didn't claim favoritism. Quote please.

I merely said that Texas was among the states that received the most aid during the Bush Jr presidency. That's factually correct.

[boutons_deux]

I'm not absolving F&F.

I'm pointing out that the Repugs, inveterate liars and obfuscators, are shifting ALL the blame to F&F and the Dems, pushing F&F out front as the primary force behind the housing bubble.

"wrote the lending guidelines"

guidelines aren't laws and regulations.

As we are finding now, the govt can't force the banks to do anything, like write ty mortgages to poor blacks in red-line areas, or re-write mortgages to save homes, or do whatever the CRA wants them to do.

all the lenders were in a lending frenzy, with regulated banks even creating non-regulated subsidiaries to get their own sharks into the bloodied water.

F&F certainly tried to compete in that frenzy, and also bought a lot of toxic from lenders that criminally wrote the ty, predatory, exploding mortgages and then dumped the mortgages on F&F. No ty mortgages, then no for F&F to buy.

[ElNono]

Uh, yes we are talking about Federal dollars. The census data you are using specifically states that.

Sure we're talking about Federal dollars, but cir scribed to State aid.

Do you see the stimulus checks individuals received in that census data?

[Parker2112]

Bottom line, There was no favoritism to Texas by Bush as was falsely claimed.

On the other hand, Obama shutting down NASA in Houston was clearly to spite Texas.

The money that came into Texas was never so easily tracked... the money that came into Texas during the Bush admin came through contracts with the govt.

http://www.governmentcontractswon.co...s_counties.asp

[TeyshaBlue]

I understand how aid is calculated. It doesn't take away that Texas is the 3rd most money getter from federal aid in the country.

Because it's the 2nd most populous state in the country!

BTW, you've got to look at those table headings closely. Those rankings are for classes of programs such as Defense, Agriculture, HUD...etc. There isn't a composite table of all aid with totals.