The Financial Crisis is Not Over

[Gunner]

OneRyder wrote:

<quoted text>
If you Topix Repub posters were not such rubber stampers of the spending, nation-building, and "21st Century Job" empty speeches, this mess may have been averted...or not been so deep.
But you ignored it all. You were more concerned about your gang colors, then you were the U.S..

Remind us again how long democrats have had the majority in the House? Isn't it coming up to THREE YEARS now?

[OneRyder]

Mothra wrote:

<quoted text>
Please be so kind to acknowledge who has been running Congress for the past 3 years.... and that Obama was in the Senate for half Bush's term.
But it was all Bush, all the time?
And yet Obama has the gall to blame the past 8 years selectively ignoring his own involvement (or lack thereof) for 4 of them?
Puh-lease.

Please be so kind as to who has been denying the economy is in trouble during those 3 years you speak of.

Was Bush lying when he said there was no problem, and we were "turning the corner"?

How short the memory or the far right is when it comes to the Bush era.

Who paid for the liberation of Shia Muslims in Iraq? You...are future generations? Were you demanded tax increases so we wouldn't have to borrow to liberate Shia from Sunni?

Repubs vetoed NOTHING from Bush, until the last year when they saw the elections looming, and they finally stopped to looked at Bush era results.

Like I said, its amazing you rightwingers take no blame on the current economy, remember nothing about Bush spending, yet you truly believe this issue just started after Bush finished his sentence stating .."the economy is sound, and we're turning the corner".

That came about a week before he gave 700 Million to Wall Street execs with NO OVERSIGHT.

[OneRyder]

Gunner wrote:

<quoted text>
Remind us again how long democrats have had the majority in the House? Isn't it coming up to THREE YEARS now?

Maybe I should remind you that Bush said the economy was sound, and we were turning the corner....just weeks before we crashed.

So was he lying? Did the Dems fool him?

[g moser]

Gunner wrote:

<quoted text>
Remind us again how long democrats have had the majority in the House? Isn't it coming up to THREE YEARS now?

Democrats had a lot of say throughout traitor Bush's reign. You silly goose. they agreed to much of his benevolent enactments of law.

[IrrationalRightw inger]

clone benson wrote:

every thing has to come into the one world order,even if it takes the economy down, to were they want it,666, go figure

With impending inflation, Americans are doing the wrong thing by saving cash, but future inflation seems to be a good thing for our Government:
1. When the Economy turns around, because of inflation, tax revenues should go up according to inflation rate
2. The current debt will be easier to pay-off in the future:Let say a "strong" $10 borrowed today will remain a "weak" $10 debt in 2045 if interest is not accumulated

[Mercer Island]

Our dollar is still in the Obama Toilet and sinking and what do they do? Pass a massive spending bill that will sink it even further if it goes all the way through.

Pelosi from outer space and Obama from kenya are trying to sink the US economy and dollar. Once everything collapses they get rid of our military and force us to join Mexico and Canada to become the north American Union.

But wait a minute. shouldn't they ask us first if we want this? They seem to have forgotten they work for us.

[OneRyder]

Bush says sacrificed free-market principles to save economy

(AFP)– Dec 16, 2008

WASHINGTON (AFP)— US President George W. Bush said in an interview Tuesday he was forced to sacrifice free market principles to save the economy from "collapse."

"I've abandoned free-market principles to save the free-market system," Bush told CNN television, saying he had made the decision "to make sure the economy doesn't collapse."

Bush's comments reflect an extraordinary departure from his longtime advocacy for an unfettered free market, as his administration has orchestrated unprecedented government intervention in the face of a dire financial crisis.

"I am sorry we're having to do it," Bush said.

But Bush said government action was necessary to ease the effects of the crisis, offering perhaps his most dire assessment yet of the country's economy.

"I feel a sense of obligation to my successor to make sure there is not a, you know, a huge economic crisis. Look, we're in a crisis now. I mean, this is -- we're in a huge recession, but I don't want to make it even worse."

[OneRyder]

Gunner wrote:

<quoted text>
Remind us again how long democrats have had the majority in the House? Isn't it coming up to THREE YEARS now?

Throughout 2007, the economy was just great. Well into 2008, it was just great according to Bush Admin. Matter of fact, it was just great until the $700-billion bailout/rescue/whatever plan came along.

Suddenly, the president had a new message: Start worrying. Congress' failure to approve the plan could put the entire U.S. economy -- and perhaps that of the whole world -- at risk.

"We're facing a choice between action and the real prospect of economic hardship for millions of Americans," the president said in one of his early-morning message-to-the-market appearances. "And for the financial security of every American, Congress must act."

Ask yourself why Bush didn't forsee a problem when he was telling everyone how strong the economy was.

Keep dancing around that question rightwingers.

Maybe someone will have the courage to say Bush was lying, clueless, or just didn't care as a lame duck Pres.

I think it was a mixture of all three.

[Cranky Old Man]

I suppose the positive side of inflation is that the people who support the marxist government thieves will have their reward in worthless money.

[Glasnos]

Mercer Island wrote:

Our dollar is still in the Obama Toilet and sinking and what do they do? Pass a massive spending bill that will sink it even further if it goes all the way through.
Pelosi from outer space and Obama from kenya are trying to sink the US economy and dollar. Once everything collapses they get rid of our military and force us to join Mexico and Canada to become the north American Union.
But wait a minute. shouldn't they ask us first if we want this? They seem to have forgotten they work for us.

Democrats know we do not want it ... and do not care.
Bill Owens narrowly won the 23rd district of NY telling his constituents he was against the public option ... and immediately revealed his lie once he was sworn in. He never would have won if he told the truth.
All liberals are liars ... they have to be.

[Eron]

I think that the exact words he used were the 'fundementals' of the economy are sound- speaking of the productivity of the workers and the lower taxation he called for. In this respect he was right.

OneRyder wrote:

<quoted text>
Maybe I should remind you that Bush said the economy was sound, and we were turning the corner....just weeks before we crashed.
So was he lying? Did the Dems fool him?

[Eron]

1. Interesting the the taxes imposed in the House version of health care are not attached to inflation.

2. Do you believe that we are not going to have to pay accumulated intrest?

IrrationalRightwinger wrote:

<quoted text>
With impending inflation, Americans are doing the wrong thing by saving cash, but future inflation seems to be a good thing for our Government:
1. When the Economy turns around, because of inflation, tax revenues should go up according to inflation rate
2. The current debt will be easier to pay-off in the future:Let say a "strong" $10 borrowed today will remain a "weak" $10 debt in 2045 if interest is not accumulated

[okboston]

Mothra wrote:

<quoted text>
So you're comparing the influence of the minority leader to a member of the majority party?
Yeah... that's some serious logic there.
You do understand that the minority party leader does not set the agenda, don't you?
And that as a member of the majority party, pre-presidential Obama would have significant influence... if he chose to?
Wow.

Well first, for Obama to have been in the Senate for half of bush's term (8 years) he was also in the minority party for half of that time.

Second, keeping in mind that the Senate does not operate like the House (even though you probably think Franks had a lot of power in 2004), the Minority leader has more power than a freshman Senator from either party.

[Wake up USA]

Cranky Old Man wrote:

I suppose the positive side of inflation is that the people who support the marxist government thieves will have their reward in worthless money.

Give these Democrats a little more time after the fiasco Obummer Care they passed the other night and our money will be worth less than that of ZIMBABWE. We will need a wagon load to buy a loaf of bread if there is such a thing then. These people have never seen a money crunch. Well, I have been there and seen that. I was in MALTA in the late sixties and for 3 days no one take AMERICAN MONEY. This was in the whole of Europe at that time. I went through my locker and gathered up all the foreign money like the rest of crew did so we could at least buy a beer ashore. Some did not have much, so they gave it to others so they would have enough to buy a beer. I lived through Jimmy Carter's reign and this is going to be much worse, At least Jimmy Carter did not hate the country as do these people in Washington. It seems they are on a straigh course to destroy the country.

[Gunner]

OneRyder wrote:

<quoted text>
Maybe I should remind you that Bush said the economy was sound, and we were turning the corner....just weeks before we crashed.
So was he lying? Did the Dems fool him?

Sounds to me (and to most people with a brain in their head) like they were ALL in on the scam.

[okboston]

g moser wrote:

<quoted text> So what you are writing is that Obama is over his head. That he is a pig shit non knowing ignorant bumpkin who deserves to be skewered every day. What does he know? He is not experienced! He could barely see the dividing line between his neighborhood commie position and the other one across the line where the people work like jack asses and help each other without government help for a better quality of life. Sarah never had the chance Obama had. And even if she never becomes President, like many Americans she will be heard....oh yeah...she will be heard!

I apologize, had I have known Republicans were reading, I would have been more clear. You have made an error in confusing one's ability with one's power. I may have the ability to be an effective leader, but until I am thrust into a leadership position no one will know.

The last president was an apt demonstration that experience is a very poor predictor of future performance. Former business leader and Governor of the largest state in the US, he effectively destroyed our economy.

[OneRyder]

Mercer Island wrote:

Our dollar is still in the Obama Toilet and sinking and what do they do?..

You're clueless, and you're making your points up. The dollar is higher now against the EURO then it was back during the end of Bush's term.

When we kicked Bush out of office it was at a lowpoint of 1.25 vs the EURO. It has been steadily climbing since then and it's at 1.5. Highest total seen during Bush years was 1.55 and that was a year before the crash.

If the dollar is in "Obam's toilet" the water is rising from when Bush flushed it all down the drain.

[Gunner]

OneRyder wrote:

<quoted text>
Maybe someone will have the courage to say Bush was lying, clueless, or just didn't care as a lame duck Pres.
I think it was a mixture of all three.

Or maybe you'll have the "courage" to admit that the fools running our country then AND now didn't and don't know wtf they're doing.

This nonsense of defending one side while giving the other a pass only makes you look ignorant.

[OneRyder]

Bush says sacrificed free-market principles to save economy

(AFP)– Dec 16, 2008

WASHINGTON (AFP)— US President George W. Bush said in an interview Tuesday he was forced to sacrifice free market principles to save the economy from "collapse."

"I've abandoned free-market principles to save the free-market system," Bush told CNN television, saying he had made the decision "to make sure the economy doesn't collapse."

THAT CAME SHORTLY AFTER HIS "The economy is strong" line of bull.

One week he's saying things are great, the next week he's reverting to SOCIALISM to save the America...lol

[okboston]

Gunner wrote:

<quoted text>
Remind us again how long democrats have had the majority in the House? Isn't it coming up to THREE YEARS now?

1 Year after gaining control of Congress, the first stimulus was passed to solve the "rough patch" that the president claimed it was.

Are you saying we should not believe the president of the United States?(And no jokes about how we got into Iraq either)

3 Years after gaining control congress sought to pass a second stimulus, which was weakened, made smaller and rebudgeted in accordance with Republican wishes who promptly failed to vote for it all. Not one single Republican in House and only 3 in the Senate voted for it in early 2009.

Now we look at the Healthcare Bill and again, no Republican support. But they will not allow any cuts in Medicare spending. How conservative of them.

The difference is the Dems allow free thinking and the Repubs recruit lemmings.