Okay libs- you will have had 8 years. Now what? (house of representatives, regular, politicians)
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Are we just into the fifth year? Lets compare at eight years, shall we?
For now, the most recent president that we can compare the condition of our country to, before and after, is GWB! But let me guess: "don't bring up the past."
Whenever Obama is the topic the favored response is almost always "but George W. Bush". However, the Obama supporters can't seem to cite exactly what Bush did that caused the economic crash. Please do feel free to bring up the past. Which Bush policies are you making reference to, when were they enacted, and what were the results of the Congressional vote that made them law?
Whenever Obama is the topic the favored response is almost always "but George W. Bush". However, the Obama supporters can't seem to cite exactly what Bush did that caused the economic crash. Please do feel free to bring up the past. Which Bush policies are you making reference to, when were they enacted, and what were the results of the Congressional vote that made them law?
Simply comparing the beginning of your boy, Bushie's, term to his last day in office. Sorry you are ashamed of your man.
Whenever Obama is the topic the favored response is almost always "but George W. Bush". However, the Obama supporters can't seem to cite exactly what Bush did that caused the economic crash. Please do feel free to bring up the past. Which Bush policies are you making reference to, when were they enacted, and what were the results of the Congressional vote that made them law?
This for starters:
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Republicans implemented several other conservative ideas, including lower taxes for the rich and deregulation of the financial industry. The result was a fiscal disaster.
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Instead of asking Americans to pay higher taxes to pay for the War On Terror, Bush threw away the balanced budget and choose to borrow money instead. Americans understood why taxes needed to be raised for the war effort, but Bush and the Republicans didn’t.
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Bush’s greatest mistake was gutting the military by illegally invading Iraq, instead of crushing Al Qaeda and killing or capturing Osama bin Laden. The war in Iraq stretched the military to the breaking point, shattered the budget, and divided the country in a time of war.
Obama has certainly been a disappointment, which is what I expected. Just like every other POTUS we've had in my lifetime (which is several.)
Some good, some bad in all of them. More of one than the other in some.
The thing we really need to keep in mind here is the fact that:
The answer to a failed Democratic administration IS NOT a Republican administration.
The GOP is at least as untenable as the Dems.
Both parties suck equally when it comes to being irresponsible and incompetent with money and resources, and both parties are equally atrocious when it comes to intervening and intruding into the private lives of citizens.
More importantly, and D or R politician at the national level (or who hopes to reach nat'l level politics)--every last one of them--is bought, sold and owned by special interests.
No reasonable person should ever vote for any Democrat OR Republican for any national office ever.
As long as we do, we are selling ourselves down the river and cheering our "team" while they screw us over.
Deregulation? Bush asked Congress 17 times to regulate Fanny & Freddie....Democrats called him a racist and said there was nothing wrong!
Raise taxes? Why? Under Bush the US Treasury saw RECORD revenues coming in.
When Clinton left office the Dot.Com bubble had already burst and Bush took over in a mini-recession. Then 911 happened and helping the economy was a priority. He invested in our economy and it took off.
Deregulation? Bush asked Congress 17 times to regulate Fanny & Freddie....Democrats called him a racist and said there was nothing wrong!
Raise taxes? Why? Under Bush the US Treasury saw RECORD revenues coming in.
When Clinton left office the Dot.Com bubble had already burst and Bush took over in a mini-recession. Then 911 happened and helping the economy was a priority. He invested in our economy and it took off.
Posted with TapaTalk
Really? Check out Bush talk at about 4:00 minute time.
New Agency Proposed to Oversee Freddie Mac and Fannie Mae
By STEPHEN LABATON
Published: September 11, 2003
The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.
Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.
The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.
The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac -- which together have issued more than $1.5 trillion in outstanding debt -- is broken. A report by outside investigators in July concluded that Freddie Mac manipulated its accounting to mislead investors, and critics have said Fannie Mae does not adequately hedge against rising interest rates.
Continued at link.....
Posted with TapaTalk
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