WNC economic activity remains mixed
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#1 Apr 16, 2008
Remember it's Congress that makes law,
and hands out pork and welfare programs, not the President.
He has to work with what's handed to him.
In just one year.
Remember the election in 2006?
Thought you might like to read the following:
A little over one year ago, under a Republican Congress:
1) Consumer confidence stood at a 2 1/2 year high;
2) Regular gasoline sold for $2.19 a gallon;
3) The unemployment rate was 4.5%.
SINCE voting in a Democrat Congress in 2006, we have seen:
1) Consumer confidence plummet;
2) The cost of regular gasoline UP to $3.50 a gallon;
3) Unemployment is UP to 5.1%(& higher every day now);
4) American households have seen $2.3 trillion in equity
value evaporate (stock and mutual fund losses);
5) Americans have seen their home equity drop by $1.2 trillion;
6) 1% of American homes are in foreclosure.
America already 'voted for change' in 2006, and Boy-o-boy,
we got it!
#2 Apr 16, 2008
As I suspect the author knows, the list of troubles above comes at the end of a trend of governmental and corporate abuses that long pre-dates the sitting congress. Silly argument.
#3 Apr 16, 2008
When you have no facts of your own, or don't want to hear the truth, you just say, "Silly argument."
#4 Apr 16, 2008
Well, the current situation aint funny, this country needs to turn around or learn to speak Chinese! We are being lead into the worst decline since the Great Depression, what are we gonna do to stop it? What CAN we do? Wheres American knowhow now??
#6 Apr 17, 2008
It's a fact that the problems pointed out in the lead post come at the end of a long run of political and corporate abuse that predates the sitting congress.
#7 Sep 18, 2008
Cliff Hodnett wrote:
> America voted for change in 2006, and we got it.
> Remember it's Congress that makes law not the President. He has to
> work with what's handed to him.
With one exception all of President Bush's vetos have come since 2007. This means that for six full years (2000-2006) the Republican Congress and Republican President had full control to pass anything and everything they wanted.
Bills that were passed by a Democratic Congress and vetoed by Bush included support for children's health care, support for veterans, stem cell research, efforts to improve the intelligence agencies and funding of education. Thankfully the Democratic Congress had the guts to override his veto on important matters such as medicare reform.
Today many (most?) of our biggest problems, including the sub-prime mortgage crisis that threatens to create the worst global crisis since the Great Depression, have their roots in reduced government oversight and regulation that date back long before 2007.
1. July 19 , 2006 : Vetoed H.R. 810 , Stem Cell Research Enhancement Act of 2005 , a bill to ease restrictions on federal funding for embryonic stem cell research . Override attempt failed in House, 235- 193 (286 needed).
2. May 1 , 2007 : Vetoed H.R. 1591 , U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations Act, 2007 . Override attempt failed in House, 222-203 (284 needed). A later version of the bill that excluded certain aspects of the initial legislation that the President disapproved of, H.R. 2206 , was enacted as Pub.L. 110-28 with the President's approval.
3. June 20 , 2007 : Vetoed S. 5 , Stem Cell Research Enhancement Act of 2007 .
4. October 3 , 2007 : Vetoed H.R. 976 , Children's Health Insurance Program Reauthorization Act of 2007 ("SCHIP"). Override attempt failed in House, 273-156 (286 votes needed).
5. November 2 , 2007 : Vetoed H.R. 1495 , Water Resources Development Act of 2007 . Overridden by House, 361-54 (277 votes needed). Overridden by Senate, 79-14 (62 needed), and enacted as Pub.L. 110-114 over President's veto.
6. November 13 , 2007 : Vetoed H.R. 3043 , Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act of 2008 . Override attempt failed in House, 277- 141 (279 votes needed).
7. December 12 , 2007 : Vetoed H.R. 3963 , Children's Health Insurance Program Reauthorization Act of 2007 . Override attempt failed in House, 260-152 (275 votes needed).
8. December 28 , 2007 : Pocket Vetoed H.R. 1585 , National Defense Authorization Act for Fiscal Year 2008 . A later version of the bill that changed a minor provision of which the President disapproved was quickly passed by Congress ( H.R. 4986 ) and was enacted with the President's approval as Pub.L. 110-181 on 28 January 2008 .
9. March 8 , 2008 : Vetoed H.R. 2082 , Intelligence Authorization Act for Fiscal Year 2008 . Override attempt failed in House, 225- 188.
10. May 21 , 2008 : Vetoed H.R. 2419 , 2007 U.S. Farm Bill . Overridden by House, 316-108 (283 votes needed). Overridden by Senate, 82-13 (64 votes needed). Enacted as Pub.L. 110-234 over the President's veto. Due to a clerical error, this act was repealed by Pub.L. 110-246 .
11. 18 June 2008 : Vetoed H.R. 6421 , 2007 U.S. Farm Bill , re-passed by Congress to correct a clerical error in HR 2419. Overridden by House, 317-109 (284 votes required). Overridden by Senate, 80-14 (63 votes needed). Enacted as Pub.L. 110-246 over the President's veto.
12. July 15 , 2008 : Vetoed H.R. 6331 , Medicare Improvements for Patients and Providers Act . Overriden by House, 383-41 (283 votes required.) Overriden by Senate, 70-26 (64 votes required). Enacted as Pub.L. 110-275 over the President's veto.]
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