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People seem to think there is a big difference between Obama and Romney, or a democrat and a Republican.
Thing of them as cars. Both are the exact same models, except they come in different colors and have a few different features.
don't disagree with that, however, the original post was laying the blame squarely on obama. If your intent is that obama voted for the wall street bailout as a senator. But if obama is going to get the yoke of bailing out the auto companies, then bush gets it for wall street.
The original post is incorrect in that it lays the bailout only on obama. THat is incorrect...
Sounds like the coal/power industry should have spent more time and money the past 30-some years since the clean air act was passed, and figured out how to burn coal more cleanly. They've had 30 years to know this was coming. And NOW that it's here, they get all butthurt. They have had 30 years to plan.
And they did nothing, but rake in profits. And now cry like little babies about a "war on coal" when in fact, coal production is showing no noticeable drop.
AND, because of mechanization, they keep mining it cheaper and cheaper.
Pardon me if I don't cry for Don Blankenship (i know he's retired) and Bill Raney.
I doubt many feel bad for them but rather it's for those who make their living in the mines.
You need to brush up on your history. We are currently hinting at the next Wall Street welfare program in QE3. Bush has been long gone.
Obama rushed back to D.C. to argue for the bail-outs under Bush. Then the first QE program happened after Obama was elected but while Bush was still in office. The second 2 years after that.
While people try and argue that the Fed is an independant agency they are anything but. They are a quasi-government entity. The Fed chairman does nothing without the approval of the administration. The administration may not set the exact timing but they indeed do indicate what they will do or the chairmen gets the boot.
If Obama had been against the first QE he would have never re-appointed Bernanke. Romney says that he won't but I do not believe him. This is the problem with the country. Far too many willing to excuse one side or the other for anything they do and blame the other guy.
Bush and Obama both are and were complete failures as far as the economy is concerned.
don't disagree with that, however, the original post was laying the blame squarely on obama.
No, you took one quote out of context of many discussions.
Quote:
If your intent is that obama voted for the wall street bailout as a senator. But if obama is going to get the yoke of bailing out the auto companies, then bush gets it for wall street.
The original post is incorrect in that it lays the bailout only on obama. THat is incorrect...
You need to brush up on your history. We are currently hinting at the next Wall Street welfare program in QE3. Bush has been long gone.
Obama rushed back to D.C. to argue for the bail-outs under Bush. Then the first QE program happened after Obama was elected but while Bush was still in office. The second 2 years after that.
While people try and argue that the Fed is an independant agency they are anything but. They are a quasi-government entity. The Fed chairman does nothing without the approval of the administration. The administration may not set the exact timing but they indeed do indicate what they will do or the chairmen gets the boot.
If Obama had been against the first QE he would have never re-appointed Bernanke. Romney says that he won't but I do not believe him. This is the problem with the country. Far too many willing to excuse one side or the other for anything they do and blame the other guy.
Bush and Obama both are and were complete failures as far as the economy is concerned.
LMAO. Where's the mention of mccain in your "history" lesson? Hmmmm?
Like i said, above, educate yourself. There have been two 'bailouts.' The auto industry and wall street. One under bush, one under obama.
You seemed to ignore the bush one, and go to ridiculous lengths to distance bush from the first one (such as your comment about the wall street one taking place "after obama was elected, but before he took office" - which is an absurd distinction).
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