The Conservative Cave
Current Events => The DUmpster => Topic started by: Freeper on April 03, 2010, 01:29:14 PM
-
kentuck Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Sat Apr-03-10 01:28 PM
Original message
Republicans destroyed this economy - Obama saved it temporarily.
Edited on Sat Apr-03-10 02:11 PM by kentuck
The message is as simple as that. George W Bush and his Treasury Secretary, Hank Paulson, came before the American people in September of 2008 and grudgingly admitted failure. They needed $700 billion dollars immediately or the entire capitalist system could collapse. Jaws dropped.
Their supply-side, tax-cutting, military-spending, non-regulation economy had failed miserably. We were on the verge of collapse. Republicans, with the help of a few "Blue Dog" Democrats, had destroyed this economy. They had no solutions about how to fix it.
Whether we agree or disagree with the way Obama and Geithner and the Democrats handled the crisis, they saved our country from immediate collapse into a depression. Make no mistake, we were headed to another Hoover-like Depression.
Now that their heads are above water, the Republicans are preaching the same message that got us into such deep water. Taxcuts for the wealthy. Basically, that is all they have.
The Republicans got us into this terrible economy. It was not Barack Obama or his "socialist" policies. We can only hope the Democrats are able to communicate this truth to the American people.
(edited to add "temporarily" in the title)
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x8081258
Obama and the dems have done nothing but, make it worse. They swore stimulus would keep unemployment under 8% it is currently 9.7% on paper and much higher in real life. Now large corporations are getting hit with higher taxes from this health care bill and will be laying off soon driving the reported numbers back to over 10%. How in the hell is that saving us, even temporarily? Not to mention if we get cap and tax and VAT what that will do to the economy. Obama is driving us off a huge cliff and the DUmmies cheer. :mental:
kentuck Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Sat Apr-03-10 01:35 PM
Response to Reply #1
5. I agree that it can slide back down ...
if the President and the Democrats do not make the changes and the regulations necessary to prevent the collapse from happening again.
But I do believe we have come back from the edge. I agree it is a temporary stay. I think I live on Planet Earth?
Yeah because regulating the hell out of business really helps them grow and provide more jobs. What an idiot.
kentuck Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Sat Apr-03-10 02:06 PM
Response to Reply #25
32. If Bush had not lied us into the war in Iraq...
many votes would not have been taken. Yes, they voted for it. But they, like the American people, were lied to. They cannot escape responsibility for their votes but the responsibility is not equally shared, in my opinion. Bill Clinton signed the bill to do away with the long-established banking regulations, so he cannot escape responsibility, even though most of his Party voted in the opposite manner. Republicans loved the bill.
Just one tiny fact you are missing Bush did not lie us into war. You morons still think that he claimed that Saddam already had developed WMDs when he clearly stated that we needed to act before he had them.
Mithreal Donating Member (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Sat Apr-03-10 02:12 PM
Response to Original message
37. Obama is a Free Market guy.
OMG that made me laugh out loud. The guy saying, "Now is not the time for profits" is a real free market guy.
Face it DUmmies no matter how loud you cry that this is all Bush's fault, most people will not buy it. I don't recall Reagan whining about the mess Carter left he took measures to fix it. Obama is the anti-Reagan.
-
Actually GWB's tax cuts stemmed the economic fall. The economy started its downturn at the end of the Clinton Administration - it actually would have occurred during the Clinton Admin if he was a man and actually dealt with the war on terror appropriately.
Throw in those bad decisions made by Congress, 9/11 and the resulting war on terror, and here we are. The cycle will once again turn upwards, when depends on midterm elections and stopping the march toward socialism. Obama and his supermajority are delaying the recovery.
-
The message is as simple as that. George W Bush and his Treasury Secretary, Hank Paulson, came before the American people in September of 2008 and grudgingly admitted failure. They needed $700 billion dollars immediately or the entire capitalist system could collapse. Jaws dropped.
The left is busy furiously rewriting history. I seem to remember meetings with Pelosi and Reid and Obama stopping his campaign to hurry back to Washington to deal with this "crisis." Alas, TARP 1 was born and GW " Cant we all just get along" Bush essentually rubber stamped the plan they came up with.
-
Mithreal Donating Member (1000+ posts)
Sat Apr-03-10 02:12 PM
Response to Original message
37. Obama is a Free Market guy.
:rotf: :rotf: :rotf: :rotf: :rotf: :rotf:
-
...They needed $700 billion dollars immediately or the entire capitalist system could collapse.
Actually it was $300 billion...
...and it was Tim Geithner acting as head of the NY Reserve bank who used the money to push around AIG, BoA, Wells Fargo, Bear Sterns and the rest while Obama used his brown shirts in the SEIU and ACORN to bus rent-a-mobs to the executives' houses to physically intimidate them into compliance.
It was less than 2 years ago. Those of us not permanently hooked to a bong can still remember.
-
It was less than 2 years ago. Those of us not permanently hooked to a bong can still remember.
Most libs all know what actually happened. Doesn't matter. Seems all I have been reading lately from lefties on the various message boards I visit is Bush and TARP. Lame attempt to try and cover for their messiah wasting a trillion dollars for absolutely nothing.
-
Most libs all know what actually happened. Doesn't matter. Seems all I have been reading lately from lefties on the various message boards I visit is Bush and TARP. Lame attempt to try and cover for their messiah wasting a trillion dollars for absolutely nothing.
Yeah...you're absolutely right.
Liberals are such insipid wretches based upon their underlying assumptions it is easy to be blinded by their stupidity and assume everything is simply a lack of insight and analysis on their part.
One must also remember that they are dishonest to the end when it comes to maligning their opponents and advancing their agenda.
-
I get so tired of these numbnuts thinking they can solve economics problems with their greed and envy. They rail against corporations and "corporate greed", yet they don't work for free. What do they think their expectations to get paid for their labor are? It just boils down to them wanting things without working for it, whether it's big screen tvs or health care.
-
It never occurs to them that the downward turn in the economy happened shortly after the 2006 elections, when Dimrats retook control of the Congress....
But alas, one must never confuse DUmmies with the truth or with facts.... :hammer:
-
Going from 4 percent to 10 percent unemployment, credit drying up, and deficits QUADRUPLING is "saving" the economy? I'd hate to see what they consider ****ing it over.
-
Going from 4 percent to 10 percent unemployment, credit drying up, and deficits QUADRUPLING is "saving" the economy? I'd hate to see what they consider ******* it over.
Some questions may be better if left unanswered....
ANY question asked by a DUmmie is best left alone....