Unemployment is 3.9 percent

I never defended Bush

Yes you did...you defended Bush on this thread when you tried to blame his housing collapse on Democrats who didn't control Congress and hadn't been in the White House for 3 years.


defend Drumpf. Drumpf is not a RINO. Drumpf is a conservative.

I bet in about a year, if you're not dead from COVID, you're going to be saying the exact opposite after Trump costs the GOP seats in the House and Senate this year.
 
How does the Fed "nationalize money"?
By designating the Federal Reserve Note as the only legal tender.
What clearing services and how/when did it do that?
You should look up the functions of the Fed and what it does. I am not going to write a book here for you.
No, the Fed doesn't necessarily "regulate" the banks.
Yes it does.
The Fed loans the banks money when the banks ask for it, for the banks to loan to consumers and businesses.
No, it doesn't.
That, and establishing the interest rates are all the Fed does.
Denial of M1. Denial of clearing house services. Denial of M1.
The Fed is not involved in mortgage lending and never has been.
It is directly involved by making too much easy money available. This causes speculation. The Fed was directly involved in the dot com crash too.
 
Not about HUD. Pivot fallacy.

You didn't read what I posted, you skipped over it.

The HUD rules prevented GSE's from buying risky loans when you said that Democrats were doing the opposite.

So not only are you wrong, but you're functionally illiterate too.
 
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