Bill Clinton 2010: "'Give us two more years. If it doesn't work, vote us out.'" (voters, Congress)
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Bill continues to be the gift that gives for the GOP. First, he undermines obama's economic and tax messages and now this....words that will be used against obama from 2010.
Of course, obama did say himself that if he didn't have it done in 3 years, he would be a one termer.
President Obama's campaign speech on the economy today will be delivered in the same spot where Bill Clinton delivered a 2010 campaign speech Obama might just as soon forget
Does ANYONE in the amateur obama WH take note of such things?
Bill continues to be the gift that gives for the GOP. First, he undermines obama's economic and tax messages and now this....words that will be used against obama from 2010.
Of course, obama did say himself that if he didn't have it done in 3 years, he would be a one termer.
Bubba, you didn't quit digging....obama added $5 TRILLION to the debt.
Of course, someone giving a speech about elections in 2010 would be talking about the mid-term elections and not the President. I guess if someone were a partisan idiot, they probably wouldn't even mention that idea.
In terms of the $5T, the recession added that. You can thank those who held the power in DC leading up to the recession. The Republicans had full control of all of the legislative branches for 3/4 of that time. They passed 0 reductions in spending. Of course, if someone were just a childish, emotional moron then they wouldn't think of that either.
Perhaps if the people in this country who pretend that they are conservative actually were, then we have avoided the recession entirely.
Of course, someone giving a speech about elections in 2010 would be talking about the mid-term elections and not the President. I guess if someone were a partisan idiot, they probably wouldn't even mention that idea.
Yeah, I guess you didn't bother to even listen to the video because of course you're wrong...again. He wanted the voters to give the dems a chance in 2010 () and if they did poorly, in another two years the voters could throw them out. Sounds like a good plan and REALITY of today.
In terms of the $5T, the recession added that.
Uh...no. Your savior added $5 T to the debt...that's just an inescapable fact.
You can thank those who held the power in DC leading up to the recession.
How about those that had power when the recession started....like the democrats in 2007? First thing the dems under pelosi/reid did was increase federal spending by almost 20%.
The Republicans had full control of all of the legislative branches for 3/4 of that time. They passed 0 reductions in spending. Of course, if someone were just a childish, emotional moron then they wouldn't think of that either.
The dems had control of congress from 2007 - 2010.
Perhaps if the people in this country who pretend that they are conservative actually were, then we have avoided the recession entirely.
Doubt it. The causes, namely Fannie&Freddie, were enable by democrats, like dodd and frank.
The cause was a lack of financial regulations which let banks offload risk into the securities market. I'd explain the exact mechanisms of that, but you're not intelligent enough to understand. Fannie and Freddie have been around for a long time and we were fine. Regulations got removed from the securities market and then that changed.
Carry on with your mindless emotional posts. They're the only way that you can be a pretend conservative and not have the balls to accept that the Republican Party was the most culpable for the Great Recession.
Fannie has been around a long time, I think it was created under FDR, but changed in nature considerably starting under the leadership of James Johnson in the 1990's. There was a huge push to lower lending standards for mortgages (e.g. down payment requirements). Because of the way compensation for Fannie execs was structured, this meant mega-paydays for them. Johnson made about $100 million in about a decade as Fannie's CEO, and his successor Franklin Raines also made about $100 million.
Fannie was also an integral part of the problem of 'offloading of risk,' due to the 'implicit guarantee' of taxpayer backing of Fannie. And $300 billion in tax dollars to bail out Fannie & Freddie seems like pretty good evidence of that. True Cost of Fannie, Freddie Bailouts: $317 Billion, CBO Says | CNSNews.com
Who's had control of the House for about two years?
That's the problem: the voters didn't give Obama and the Democrats two more years. We've had gridlock ever since. It's not that we're more fortunate to have democrats in office; it's that we're less fortunate to have republicans in office. I'm not pro-democrat, just anti-republican.
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