Is The Car Out Of The Ditch? (economy, financial, elections)
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The point is that from 1994 to 2007, congress was in GOP hands. No policy came out of any committee that wasn't signed, sealed and delivered by the Republicans. As a Democrat, Frank was a minority member on the House committee. He was in no position to make policy, just to have some input that the Republicans would either go with or discard.
But because he's such a jerk, he makes a very convenient distraction for right wingers who want to avoid looking at the reality of the mess the GOP created with deregulation. The guy's easy to hate. That makes him a target.
If you want to focus your anger on an individual responsible for the financial meltdown, look no further than Phil Gramm, from right here in Texas. He's the guy who pushed financial deregulation through the senate, leading to those risky "derivatives" that sank the stock market. He's also the one who in July 2008 made the "nation of whiners" comment about concerns over rising unemployment and the looming recession.
It is good to distort history, that way you will never be disappointed with your heritage.
FYI- the democratic senate and congress took control in November 2006 elections and were sworn to office in jan 2007. In the time of one and a half years, the democrats took an economy with low unemployment and high federal revenues to the brink of a Depression. With the continued democratic leadership, the economy has never recovered.
Why are the democrats always in control of the House when the economy is poor? Perhaps, just perhaps, the anti-buisnes climate of the democratic congress is not good for the economic and employment health of the nation. They are like a contagion that spreads financial misery wherever they appear in the history of the this century and the last.
I can't wait for January to get here and watch all the Obama supporters start to see the raised taxes on the middle class. We will have lots of company to call him names with. Bush tax cuts go out, employed people with employer health insurance will begin to pay income taxes on the amount the employer pays for them and will find themselves in a deeper tax hole than they ever thought old Dirty Harry could dig for them.
Yeah that ditch gets deeper and muddier on January 1 and more people get set to blame Obama for the plan that Dirty Harry and the union bosses dreamed up last spring for us all to suffer from.
If you want to focus your anger on an individual responsible for the financial meltdown, look no further than Phil Gramm, from right here in Texas. He's the guy who pushed financial deregulation through the senate, leading to those risky "derivatives" that sank the stock market. He's also the one who in July 2008 made the "nation of whiners" comment about concerns over rising unemployment and the looming recession.
So is the defense of 'he needed killing' still in effect, and if so, why is gramm still breathing? Hiding in Swiss alps?
How many Benedict Arnolds is the GOP going to molly coddle before they squander every last shred of credibility as a party? The new GOP emblem should be a $&#^%* bovine. Lipstick only when they're trying to put on a show, none when they brazenly lie, cheat and steal.
No, it isn't. Bush/Cheney/GOP congress drove far too deeply into that ditch to allow any kind of easy extraction. Getting it out is going to be a tough job.
But it's fun to listen to the rabid right gripe endlessly at the guy hitching up the tow rope and trying to shift the blame to the tow truck.
"It wasn't the dry drunk at the wheel who got us here. The dang tow truck forced us off the road!"
Third question in the poll should have been, Is there any real probability that the car will ever be out of the ditch?
Rising and falling water levels in the ditch from time to time will make it seem as if we have a functioning economy, but we will never be the powerhouse we once truly were.
Third question in the poll should have been, Is there any real probability that the car will ever be out of the ditch?
Rising and falling water levels in the ditch from time to time will make it seem as if we have a functioning economy, but we will never be the powerhouse we once truly were.
YC.......
Sad but true. It will take many generations to regain what has been squandered in the terms of freedom and economic wealth. Honestly, our educational system and the citizens are just too lazy to accomplish what needs to be done.
Take comfort that one day you will be able to gather your grandchildren a story that they will never believe. That you once lived in a prosperous and free country.
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The car is definitely out of the ditch, but...
