Was Barack The Magic Negro Really Smarter Than All Those White Republicans

[MT Pockets]

Originally Posted by Rey Lengua

And , once AGAIN, MT Fluffer shows why HE is on the same mental level as HIS hero, Lube Wide Ass !

Since you are so smart why don't you tell me how the two are connected. I can not wait to see this. LOL!

[lustylad]

Originally Posted by flghtr65

Where are you lustylad? You don't like Bloomberg? According to them there is plenty of choices for shoppers using the Government exchanges of the ACA.

Your own link says otherwise, flighty...

"In the 2017 open-enrollment period that ended on January 31, many areas of the country had limited options for marketplace plans, particularly in rural areas and states using HealthCare.gov. One-third of all counties, including all of Alaska, Wyoming, Oklahoma, Alabama and South Carolina had just one insurer."

[lustylad]

Originally Posted by flghtr65

When your hero Bush43 left office the 10 largest banks in the USA were going BANKRUPT. They had lost all of their money on Credit default swaps and other high risk/high reward transactions that FAILED...

You're rewriting history, flighty. With the possible exception of Citibank, none of the 10 largest US commercial banks was at risk of failure. (Banks become insolvent and may be liquidated by regulators; they don't "go bankrupt".) Citibank was overly exposed to a pipeline/inventory of CDOs (Collateralized Debt Obligations), not Credit default swaps. Lehman Brothers was an investment bank and AIG is an insurer.

All of the largest US banks were forced to accept TARP money by Treasury Secretary Hank Paulsen in October 2008 because he feared a systemic failure and didn't want to stigmatize Citibank. Within two years, nearly all of the largest banks had repaid the US Treasury in full, with interest.

There is plenty of blame to go around for the 2008/09 financial crisis. Putting it all on Bush or the banks or the rating agencies or the subprime borrowers or the regulators or Republicans or Democrats is pretty silly. Of course the timing was terrible for Republicans. If Lehman had collapsed a year later, Obama might never have been elected.

[Rey Lengua]

Originally Posted by MT Pockets

Since you are so smart why don't you tell me how the two are connected. I can not wait to see this. LOL!

Since when did I become a " translator for YOU, MT Fluffer ? Why don't YOU ask IB to " dumb it down " for YOU if YOU can't understand HIS original post ? Has your reach-around crew buddy EKIM been sending YOU some of his " smart pills " ?????

[flghtr65]

Originally Posted by lustylad

Your own link says otherwise, flighty...

"In the 2017 open-enrollment period that ended on January 31, many areas of the country had limited options for marketplace plans, particularly in rural areas and states using HealthCare.gov. One-third of all counties, including all of Alaska, Wyoming, Oklahoma, Alabama and South Carolina had just one insurer."

1. This is from the link, I will even give the exact paragraph, which is paragraph 3 under the title "1918 Participation" What is the problem? did you skip over this part? It's pretty straight forward, and I quote " Most market enrollees had multiple insurance companies to choose among" It does not get any clearer than that.

2. You pointed out some rural areas only had one choice. The bottom line is the majority of the country had choices. You are trying to be like Hankering. I expect better from you.

From the link:

Most marketplace enrollees had multiple insurance companies to choose among this year, and most will again in 2018. In 2017, 83 percent of enrollees received help paying their premiums.
In four Indiana counties, parts of Ohio and rural Nevada, no insurer has yet filed or publicly announced plans to sell marketplace plans. About 25,000 people enrolled in marketplace plans in these so-called “bare” counties in 2017. Insurance departments in each state are working to convince companies to re-enter those areas.


https://www.bloomberg.com/graphics/h...aces-for-2018/

[The_Waco_Kid]

Originally Posted by flghtr65

1. This is from the link, I will even give the exact paragraph, which is paragraph 3 under the title "1918 Participation" What is the problem? did you skip over this part? It's pretty straight forward, and I quote " Most market enrollees had multiple insurance companies to choose among" It does not get any clearer than that.

2. You pointed out some rural areas only had one choice. The bottom line is the majority of the country had choices. You are trying to be like Hankering. I expect better from you.

From the link:

Most marketplace enrollees had multiple insurance companies to choose among this year, and most will again in 2018. In 2017, 83 percent of enrollees received help paying their premiums.
In four Indiana counties, parts of Ohio and rural Nevada, no insurer has yet filed or publicly announced plans to sell marketplace plans. About 25,000 people enrolled in marketplace plans in these so-called “bare” counties in 2017. Insurance departments in each state are working to convince companies to re-enter those areas.


https://www.bloomberg.com/graphics/h...aces-for-2018/

yap away fagger, ACA was a fraud perpetrated by Obama. from your own post ..


"Insurance departments in each state are working to convince companies to re-enter those areas."

well they aren't coming back. all the big insurance players know it's a losing game and they aren't gonna play. stop glorifying Obama and his lackey Gruber. why do you think there is now a phrase "You've been Grubered!" eh? the plan was so poorly written in every way it's failing. which is what Obama and his ilk wanted. they don't fucking care about the poor and sick you idiot they wanted to drive all the big players out so they could socialize it as a result. they wanted to greatly expand medicaid, a government program. well that didn't work becaue the Supreme Court shot that down. it was intended to be mandatory and the Court ruled against that in 2012.

i don't have ACA. i have health insurance from my employer. what policy do you have eh? if you say you have insurance from your employer then you are a hypocrite for hyping this shit.

[flghtr65]

Originally Posted by The_Waco_Kid

yap away.

i don't have ACA. i have health insurance from my employer. what policy do you have eh? if you say you have insurance from your employer then you are a hypocrite for hyping this shit.

You should stop yaping fagger. People who don't get insurance from their employer and have pre-existing conditions need the opportunity to purchase health insurance in the individual market. Even with the court decision that said a state can't be forced to take expanded Medicaid, 31 out 50 states did take it. The bottom line is 92% of all citizens under age 65 have some type of health insurance. I get group health insurance from my employer. There are 20 million plus American citizens who are in the individual market.

This is what makes up the 92 percent.

Group Health insurance from the employer

Private plans off the government exchange or individual broker

Expanded Medicaid

Original Medicaid

[flghtr65]

Originally Posted by lustylad

Your own link says otherwise, flighty...

"In the 2017 open-enrollment period that ended on January 31, many areas of the country had limited options for marketplace plans, particularly in rural areas and states using HealthCare.gov. One-third of all counties, including all of Alaska, Wyoming, Oklahoma, Alabama and South Carolina had just one insurer."

1. This is from the link, I will even give the exact paragraph, which is paragraph 3 under the title "2018 Participation" What is the problem? did you skip over this part? It's pretty straight forward, and I quote " Most market enrollees had multiple insurance companies to choose among" It does not get any clearer than that.

2. You pointed out some rural areas only had one choice. The bottom line is the majority of the country had choices. You are trying to be like Hankering. I expect better from you.

From the link:

Most marketplace enrollees had multiple insurance companies to choose among this year, and most will again in 2018. In 2017, 83 percent of enrollees received help paying their premiums.
In four Indiana counties, parts of Ohio and rural Nevada, no insurer has yet filed or publicly announced plans to sell marketplace plans. About 25,000 people enrolled in marketplace plans in these so-called “bare” counties in 2017. Insurance departments in each state are working to convince companies to re-enter those areas.


https://www.bloomberg.com/graphics/h...aces-for-2018/

[I B Hankering]

Originally Posted by flghtr65

Most market enrollees had multiple insurance companies to choose among" It does not get any clearer than that.

And the young, healthy person's choice to spend one's money on something other than health insurance, flighty ... where did it go?

[MT Pockets]

Originally Posted by Rey Lengua

Since when did I become a " translator for YOU, MT Fluffer ? Why don't YOU ask IB to " dumb it down " for YOU if YOU can't understand HIS original post ? Has your reach-around crew buddy EKIM been sending YOU some of his " smart pills " ?????

You became one when you put your nose in yet another thread you know nothing about. So let me "splane" it to you. He has asserted that something Obama did has a bearing on folks that have a preexisting conditions. I would just love to know how those correlate. Of the folks that will not be able to afford insurance, some are because of their income. He is attempting to say that is the majority and because Obama re-classified them they now can not afford it. Really did Obama give them a cut in pay? Both of you are worthless. As for his original post, it has no bearing on this. You are just grasping at straws.

[flghtr65]

Originally Posted by I B Hankering

And the young, healthy person's choice to spend one's money on something other than health insurance, flighty ... where did it go?

When the young healthy person's appendix becomes inflamed and it needs to be removed, who is going to pay for the operation to remove it? Low risk people and high risk people need health insurance. Flooding the emergency room with uninsured people who become sick will just drive up the cost of health care for everyone.

Mitt Romney had the individual mandate for Romneycare in Mass. Did you have a problem with that?

[flghtr65]

Originally Posted by lustylad

You're rewriting history, flighty. With the possible exception of Citibank, none of the 10 largest US commercial banks was at risk of failure. (Banks become insolvent and may be liquidated by regulators; they don't "go bankrupt".) Citibank was overly exposed to a pipeline/inventory of CDOs (Collateralized Debt Obligations), not Credit default swaps. Lehman Brothers was an investment bank and AIG is an insurer.

All of the largest US banks were forced to accept TARP money by Treasury Secretary Hank Paulsen in October 2008 because he feared a systemic failure and didn't want to stigmatize Citibank. Within two years, nearly all of the largest banks had repaid the US Treasury in full, with interest.

There is plenty of blame to go around for the 2008/09 financial crisis. Putting it all on Bush or the banks or the rating agencies or the subprime borrowers or the regulators or Republicans or Democrats is pretty silly. Of course the timing was terrible for Republicans. If Lehman had collapsed a year later, Obama might never have been elected.

I am not rewriting history. The fact is the 10 largest banks all failed their accounting stress test in the third quarter in 2008. That is why Paulsen forced them to take the TARP loan.

I wrote that Banks were dealing in Credit default swaps and OTHER high risk/ high reward transactions that failed. This is a true statement. This link supports that. Study up.

From the link:

Lenders sold and securitized high risk and complex home loans while practicing subpar underwriting, preying on unqualified buyers to maximize profits. The credit rating agencies granted these securities safe investment ratings, which facilitated their sale to investors around the globe. Federal securities regulators failed to execute their duty to ensure safe and sound lending and risk management by lenders and investment banks. Investment banks engineered and promoted complex and poor quality financial products composed of these high risk home loans. They allowed investors to use CREDIT DEFAULT SWAPS to bet on the failure of these financial products, and in cases disregarded conflicts of interest by themselves betting against products they marketed and sold to their own clients. The collusion of these four institutions led to the rise of a massive bubble of securities based on high risk home loans. When the unqualified buyers finally defaulted on their mortgages, the entire global financial system incurred massive losses.

https://en.wikipedia.org/wiki/Wall_S...ncial_Collapse

A list of financial institutions receiving TARP funds.

https://en.wikipedia.org/wiki/Troubl...Relief_Program

[gary5912]

Originally Posted by Rey Lengua

Since when did I become a " translator for YOU, MT Fluffer ? Why don't YOU ask IB to " dumb it down " for YOU if YOU can't understand HIS original post ? Has your reach-around crew buddy EKIM been sending YOU some of his " smart pills " ?????

He's been getting advice from his new butt buddy mistake miscarriage the faggot airhead

[lustylad]

Originally Posted by flghtr65

I am not rewriting history. The fact is the 10 largest banks all failed their accounting stress test in the third quarter in 2008. That is why Paulsen forced them to take the TARP loan.

Hahahaha... now you're not just rewriting history, you're making it up wholesale! How about furnishing a link to that "accounting stress test" you claim the ten largest US banks supposedly failed in the third quarter of 2008? What was this test called? Who administered it? Give us a list of the ten banks that failed it, by how much each one failed, and what corrective steps were required. Also, provide evidence that this stress test (if it actually took place) was behind Paulson's decision to force-feed them TARP money.

And just for good measure, so we all can be 100% confident you understand the subject, explain how failing a simulated bank stress test is tantamount to "going bankrupt".

This should be good...

[flghtr65]

Originally Posted by lustylad

With the possible exception of Citibank, none of the 10 largest US commercial banks was at risk of failure.

The information in this link disagrees with you. When I posted about the Banks, the investment banks were included. You are the one who is trying to separate the investment banks from the commercial banks. They were all participating in risky bets. Wachovia was a commercial bank. So, that would make at least two commercial banks headed towards (as the link describes) BANKRUPTCY.
From the link:

Now that 2 large investment banks and the largest insurance firm in the world had either collapsed, been taken over or bailed out in the space of 3 days the financial markets entered a meltdown. The Dow Jones Industrial Average fell by nearly 30% in the next 2-3 weeks.
Many other financial firms were now facing imminent bankruptcy including Morgan Stanley, Goldman Sachs, Citigroup, Wachovia and more. Many different combinations of deals and mergers were suggested, but the crisis advanced. Morgan Stanley eventually sold a 21% equity stake to Mitsubishi UFJ for $9 billion, which was paid as the largest check ever written


https://www.wallstreetoasis.com/fina...risis-overview