Ooops, Kellyanne caught being DEPLORABLE

[kpete]

“These people bought houses they could not afford,” she said during a debate on Fox News in 2008. “I mean, Julie, if you go out tonight and you spend $10,000 on a credit card and you make $8,000 a year, you could do the math. So people bought houses they couldn’t afford. They know that. This country spends money like a bunch of pigs. They buy things they say that they need… when they actually want them. That’s their business. But they should be in charge of their own economic sovereignty.”

She also trashed voters for being concerned about the cost of the Iraq war, when they should have been concerned about their own personal finances.

“If (voters] say, ‘Gee, we’re having a problem in this country economically because of the cost of the war, not because I live like a pig off my credit cards’ — which most people won’t admit in this country — then, I think, it’s a whole new problem for some of the candidates, particularly on the Republican side,” she said.

http://www.rawstory.com/2016/09/deplorable-kellyanne-conway-called-americans-a-bunch-of-pigs-after-the-2008-housing-crash/

[saltpoint]

1. Well yeah. We don't need no Paul Krugman

when we got this fine Kellyanne Conway person to splain the economy.

[katmondoo]

2. At one time is was up to the banks to have proof that you can afford to pay for a mortgage

What happened in '08 the banks actively sort low income people for mortgages. Why I have never understood.

[CanonRay]

7. They immediately sold the mortgages so they didn't give a crap

if they failed. They also collected huge fees up front that were financed as part of the loan. Win-win for the loan originator.

[blm]

3. Reposting. She also said Trump supporters were mentally unbalanced and nasty.

And that was just 6 months ago.

[world wide wally]

4. The word "sovereignty" makes me tune out completely

[forgotmylogin]

5. Does she not get the housing bubble?

Mortgage companies encourage people to take out massive lines of credit. It's what they do.

[Justice]

6. I live like a pig off my credit cards - coarse, sickening, distasteful

Maybe people used credit in 2006-2008 thinking they would have a job in 2009. The late 2008 crash resulted in them losing their job.

[duncang]

8. She has no clue

She and her sugar daddy don't have any idea what it is like to be living at reasonable level. Then lose a job because of the shit that the republicans enabled helping the economy to crater. She doesn't know what it feels like to have that happen to her. I have been at both ends of losing a job. I have had to tell people they are laid off. Through out the years I have had to tell someone they were laid off a month before Christmas. I have been laid off a month before Christmas myself. I knew the pain.

The trickle down economics was more of a drip down for the American people at the whim of a few.

[napkinz]

9. Trump Campaign Manager Kellyanne Conway agrees with Hillary that his supporters are deplorable!

[BSdetect]

10. Bank crisis

And she wants less regulation for banks.

Canada Zero bank crisis. Decent bank regulations. Australian too. Or should I say Also too like that dimwit Palin?

USA 14 bank crisis. Weak to non-existant bank regulations.

Do the math Con away.