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Jobs were outsourced mostly because of high government tax's and to many regulations.
Ask Barney Frank and Chris Dodd why so many people
were approved for houses they could not afford.
Wall Street & Banks are just another example of the government over regulating.
Excuse me, but Wall Street and Banks were allowed to run rampant due to DEregulation.
I will admit that the Dems had something to do with the housing debacle, but I'll also say that Bush could have prevented it, as the whole thing imploded on his watch. Hmm, it's funny how things had a way of doing that on his watch...
And jobs were outsourced for no other good reason than capitalism in its finest form.
Excuse me, but Wall Street and Banks were allowed to run rampant due to DEregulation.
I will admit that the Dems had something to do with the housing debacle, but I'll also say that Bush could have prevented it, as the whole thing imploded on his watch. Hmm, it's funny how things had a way of doing that on his watch...
And jobs were outsourced for no other good reason than capitalism in its finest form.
Yes and it all seemed to start when the 'SOCIAL JUSTICE'
crew took the wheel, Pelosi Reid and with the plan that
George Soros instructed Obama to follow.
The actions and policies of the current administration have
made this a bigger problem, it's plainly clear that Obama is the single worst president in the history of the country and his policies have failed and are actually making things worse. Unemployment is just one example. So all the left can do is start name calling, and distraction of the issues which is exactly what has happened as they have not produced anything positive for the last 23 months.
This is why the left only gets a brief bit of power and then the country snaps back to reality and votes in a moderate or conservative and just plain common sense.
And as I recall, the POTUS was BUSH! I've said it before, I am not even sure GOD could fix the mess Bush left behind.
Quote:
The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States; To borrow Money on the credit of the United States;
To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;
To establish an uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States;
To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
To provide for the Punishment of counterfeiting the Securities and current Coin of the United States;
March 16, 2006 Faced with a potential government shutdown, the Senate votes to raise the nation's debt limit for the fourth time in five years. The bill passed by a 52-48 vote, increasing the ceiling to $9 trillion. The bill now goes to the president.
The debt now stands at more than $8.2 trillion.
The Outstanding Public Debt as of 29 Oct 2010 at 04:54:32 PM GMT is: $13,671,291,044,796.47
and
The estimated population of the United States is 309,382,671
so each citizen's share of this debt is $44,188.94.
The National Debt has continued to increase an average of $4.14 billion per day since September 28, 2007!
With the July 27, 2010 enactment of the FY2010 Supplemental Appropriations Act (H.R. 4899/P.L.
111-201) Congress has approved a total of $1.121 trillion for military operations, base security,
reconstruction, foreign aid, embassy costs, and veterans’ health care for the three operations initiated
since the 9/11 attacks: Operation Enduring Freedom (OEF) Afghanistan and other counter terror
operations; Operation Noble Eagle (ONE), providing enhanced security at military bases; and
Operation Iraqi Freedom (OIF).
Going through data from the BEA.gov website in that same time frame our GDP for those years from 2001 - 2009 annually was $112,525,600,000,000.00. That would be 1% of our GDP in case you forgot some of that education you've received.
I'm sure since you're educated that you can't possibly think that "wars" were the cause of the problems we're in today.
You asked what's wrong with socialism and many posters have provided you with plenty of information and yet none of that made any difference. Were you serious in your question or are you just more interested in adding some dramatic excitement to your life?
Meanwhile back on the ranch, we've consistently had 40% of our budget is taken up by social welfare programs and it's on the rise...
Quote:
Those programs, along with Medicaid, have grown in 40 years from 19 percent of the budget to 39 percent in 2009, more than doubling their share. And costs are going to keep growing as more baby boomers retire and health care costs continue to rise.
What is wrong with socialism? I hear this word bandied about as if people live in fear of it and it's a bad thing.
So, what is wrong with socialism? I mean, it works for other countries who live peaceful and happy lives. I am not seeing the problem here. IMO, the US could do with some socialism injected.
If the Republicans like it they call it nationalization, if they don't they call it socialism.
Excuse me, but Wall Street and Banks were allowed to run rampant due to DEregulation.
I will admit that the Dems had something to do with the housing debacle, but I'll also say that Bush could have prevented it, as the whole thing imploded on his watch. Hmm, it's funny how things had a way of doing that on his watch...
And jobs were outsourced for no other good reason than capitalism in its finest form.
Didn't Congress tell Bush that nothing was wrong in the housing market and to get lost ? Plenty of youtubes of Congressmen saying just that.
Excuse me, but Wall Street and Banks were allowed to run rampant due to DEregulation.
I will admit that the Dems had something to do with the housing debacle, but I'll also say that Bush could have prevented it, as the whole thing imploded on his watch. Hmm, it's funny how things had a way of doing that on his watch...
And jobs were outsourced for no other good reason than capitalism in its finest form.
Oh geez... Another clueless Bush basher. The Bush admin tried a few times to shed the light on what was going on with Fannie and Freddie and the Democrats blocked it.
You should look those two words up so you understand what they mean.
If you know what it means, then you should have no problem with nationalization of healthcare for all.
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Excuse me, but Wall Street and Banks were allowed to run rampant due to DEregulation.
