# The NY Times from 1999
**URL:** https://forums.speedlife.net/t/the-ny-times-from-1999/56547
**Category:** NYSpeed Off Topic
**Created:** [October 16, 2008, 8:52am UTC](https://forums.speedlife.net/t/the-ny-times-from-1999/56547 "2008-10-16T08:52:08Z")
**Posts on this page:** 20
**Page:** 1
### Author:  [@JayS](https://forums.speedlife.net/u/JayS)
#### Post date: [October 16, 2008, 8:52am UTC](https://forums.speedlife.net/t/the-ny-times-from-1999/56547/1 "2008-10-16T08:52:08Z")
A NY Times article in 1999 talking about how pressure from the Clinton administration pushed Fannie Mae into easing their requirements for mortgages, and the problems it might lead to.
[http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260](http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260)
My favorite part…
> In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980’s.
I bet Mr Holmes (the author) has a printout of that article on the door to his office, under his new name plate, “Steven Nostra-fuckin-damus Holmes”.
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### Author:  [@Smaefer](https://forums.speedlife.net/u/Smaefer)
#### Post date: [October 16, 2008, 9:09am UTC](https://forums.speedlife.net/t/the-ny-times-from-1999/56547/2 "2008-10-16T09:09:15Z")
Good find…
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### Author:  [@dftsilvia](https://forums.speedlife.net/u/dftsilvia)
#### Post date: [October 16, 2008, 9:15am UTC](https://forums.speedlife.net/t/the-ny-times-from-1999/56547/3 "2008-10-16T09:15:45Z")
nice post!
again proves for all the Clinton leg humpers that what he did in office is still affecting us in a bad way, and that he was one of the worst presidents in modern day
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### Author:  [@Joe](https://forums.speedlife.net/u/Joe)
#### Post date: [October 16, 2008, 9:25am UTC](https://forums.speedlife.net/t/the-ny-times-from-1999/56547/4 "2008-10-16T09:25:31Z")
> [@dftsilvia](#):
>
> nice post!
> again proves for all the Clinton leg humpers that what he did in office is still affecting us in a bad way, and that he was one of the worst presidents in modern day
you, sir, are an idiot. He was the best president since Kennedy,and accomplished more by staying alive.
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### Author:  [@Karter](https://forums.speedlife.net/u/Karter)
#### Post date: [October 16, 2008, 9:44am UTC](https://forums.speedlife.net/t/the-ny-times-from-1999/56547/5 "2008-10-16T09:44:35Z")
> [@Joe](#):
>
> He was the best president since Kennedy,and accomplished more by staying alive.
ILISM
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### Author:  [@Fry](https://forums.speedlife.net/u/Fry)
#### Post date: [October 16, 2008, 9:46am UTC](https://forums.speedlife.net/t/the-ny-times-from-1999/56547/6 "2008-10-16T09:46:35Z")
> [@JayS"](#):
>
> I bet Mr Holmes (the author) has a printout of that article on the door to his office, under his new name plate, “Steven Nostra-fuckin-damus Holmes”.
:lol:
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### Author:  [@zwarbyt](https://forums.speedlife.net/u/zwarbyt)
#### Post date: [October 16, 2008, 10:01am UTC](https://forums.speedlife.net/t/the-ny-times-from-1999/56547/7 "2008-10-16T10:01:52Z")
                                                          
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### Author:  [@BigRon](https://forums.speedlife.net/u/BigRon)
#### Post date: [October 16, 2008, 10:09am UTC](https://forums.speedlife.net/t/the-ny-times-from-1999/56547/8 "2008-10-16T10:09:57Z")
But Bush is an easier target.
So he should take all the blame.
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### Author:  [@JayS](https://forums.speedlife.net/u/JayS)
#### Post date: [October 16, 2008, 10:14am UTC](https://forums.speedlife.net/t/the-ny-times-from-1999/56547/9 "2008-10-16T10:14:25Z")
> [@BigRon](#):
>
> But Bush is an easier target.
> So he should take all the blame.
Yeah, you have to keep it simple for the animated gif generation.
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### Author:  [@system](https://forums.speedlife.net/u/system)
#### Post date: [October 16, 2008, 10:31am UTC](https://forums.speedlife.net/t/the-ny-times-from-1999/56547/10 "2008-10-16T10:31:07Z")
> [@JayS](#):
>
> Yeah, you have to keep it simple for the animated gif generation.
Don’t you know they don’t read anything that doesn’t come from the liberal media or anarchist websites?
Oh wait, that’s from the new york times? :roflpicard:
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### Author:  [@dftsilvia](https://forums.speedlife.net/u/dftsilvia)
#### Post date: [October 16, 2008, 11:27am UTC](https://forums.speedlife.net/t/the-ny-times-from-1999/56547/11 "2008-10-16T11:27:25Z")
> [@Joe](#):
>
> you, sir, are an idiot. He was the best president since Kennedy,and accomplished more by staying alive.
hahahahahahahahahahahhahahagaghagshhagahahagha your kidding right… im pretty sure your the idiot, obviously people didnt agree with what he did at all, he didnt even serve a whole term…
i bet your one of the assholes that wants government mandated healthcare too :roflpicard:
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### Author:  [@Joe](https://forums.speedlife.net/u/Joe)
#### Post date: [October 16, 2008, 11:42am UTC](https://forums.speedlife.net/t/the-ny-times-from-1999/56547/12 "2008-10-16T11:42:33Z")
I’m not going to dignify with your “People didn’t agree with Kennedy since he got shot” with a response.
So do you think Bush was better than Clinton?
God I hate surpluses, focusing tax breaks on the people who need them the most, a booming economy, government support of stem cell research, peace, seperation of church and state, a strong dollar, better funded health care and education, and a plan to save social security with said surplus.
What we have now is way better :tup:
You sound like too much of an idiot to be rich, so you either have family money or you enjoy a higher tax burden.
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### Author:  [@JayS](https://forums.speedlife.net/u/JayS)
#### Post date: [October 16, 2008, 12:05pm UTC](https://forums.speedlife.net/t/the-ny-times-from-1999/56547/13 "2008-10-16T12:05:59Z")
> [@Joe](#):
>
> So do you think Bush was better than Clinton?
>
> God I hate surpluses, focusing tax breaks on the people who need them the most, a booming economy, government support of stem cell research, peace, seperation of church and state, a strong dollar, better funded health care and education, and a plan to save social security with said surplus.
>
> What we have now is way better :tup:
Lets take a few of these off the table…
a booming economy
-Nothing like that tech boom, that GW got stuck dealing with when it popped just before he came into office. And of course the subprime mortgages that Clinton forced down Fannie Mae’s throat, that also helped his “boom” with no regard for the future.
peace
-Yeah, peace while we watched terrorists train in Afghanistan from a satellite, figuring they’d never come to the US mainland. Lob a couple cruise missiles over there and it will be fine.
a strong dollar
-Amazing what having to deal with a recession and the attacks on 9/11 will do to your dollar, both of which were set in motion well before Bush came to office.
a surplus
-The government isn’t a corporation. A surplus just means they taxed us too much. Not that a deficit is any better, but a surplus just tells me he was taxing us too much.
Bottom line, when Clinton came into office the economy was already starting to boom. When Bush came into office the economy was already starting to crash, and then to top the crash off the calendar rolled over to 9/11/01.
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### Author:  [@Joe](https://forums.speedlife.net/u/Joe)
#### Post date: [October 16, 2008, 12:11pm UTC](https://forums.speedlife.net/t/the-ny-times-from-1999/56547/14 "2008-10-16T12:11:04Z")
So a surplus means the government is taxing us too much.
McCain wants to cut taxes for everyone, especially the people and businesses that pay the lion’s share, decreasing the government’s revenue
By doing this, he is going to balance the budget, which right now, is short 10.3 trillion, in 4 years.
[there must be some magical step i’m missing here]
???
Sometimes surpluses come from not spending your money on stupid shit. Like wars. And tax cuts for the rich.
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### Author:  [@system](https://forums.speedlife.net/u/system)
#### Post date: [October 16, 2008, 12:12pm UTC](https://forums.speedlife.net/t/the-ny-times-from-1999/56547/15 "2008-10-16T12:12:43Z")
> [@Joe](#):
>
> So a surplus means the government is taxing us too much.
> McCain wants to cut taxes for everyone, especially the people and businesses that pay the lion’s share, decreasing the government’s revenue
> By doing this, he is going to balance the budget, which right now, is short 10.3 trillion, in 4 years.
>
> [there must be some magical step i’m missing here]
>
> ???
>
> Sometimes surpluses come from not spending your money on stupid shit. Like wars. And tax cuts for the rich.
Time to take an economics class. No one has enough time to explain it to you on here.
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### Author:  [@Joe](https://forums.speedlife.net/u/Joe)
#### Post date: [October 16, 2008, 12:15pm UTC](https://forums.speedlife.net/t/the-ny-times-from-1999/56547/16 "2008-10-16T12:15:25Z")
:lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol::lol:
[I am an economics and finance MBA]
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### Author:  [@system](https://forums.speedlife.net/u/system)
#### Post date: [October 16, 2008, 12:17pm UTC](https://forums.speedlife.net/t/the-ny-times-from-1999/56547/17 "2008-10-16T12:17:40Z")
time to whip out my old text book to reference what I remember…
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### Author:  [@Joe](https://forums.speedlife.net/u/Joe)
#### Post date: [October 16, 2008, 12:18pm UTC](https://forums.speedlife.net/t/the-ny-times-from-1999/56547/18 "2008-10-16T12:18:00Z")
Please do…Let me guess, ECO 101? I TA’ed that class. I can explain the terms with small words so you’ll understand.
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### Author:  [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)
#### Post date: [October 16, 2008, 12:20pm UTC](https://forums.speedlife.net/t/the-ny-times-from-1999/56547/19 "2008-10-16T12:20:39Z")
LOL Joe you fggt! you dont know shit about econ.
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### Author:  [@Nikuk](https://forums.speedlife.net/u/Nikuk)
#### Post date: [October 16, 2008, 12:22pm UTC](https://forums.speedlife.net/t/the-ny-times-from-1999/56547/20 "2008-10-16T12:22:23Z")
> [@mafdark](#):
>
> Time to take an economics class. No one has enough time to explain it to you on here.
Just stop.
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