| said by Skippy25:You 2 morons do realize that a lot of this is also the result of the individual in office before Bush right? Do a little history and economic search and you will see that Presidential policy runs for a long time after one's administration. Actually, NO deregulation happened under Bush. Carter's Community Reinvestment Act (along with ACORN pressuring banks) and Bill Clinton leading the way is the REAL REASON FOR THE HOUSING CRISIS. Both Carter and Clinton pushed to let anyone buy the "American dream" of home ownership. In fact, Bush cleaned up Clinton's messes with the tax cuts because of absolute incompetence on the SEC during Clinton. Bush proposed reigning in Fannie Mae and Freddie Mac BEFORE McCain in 2003. He was refused by Barney Frank and friends. McCain proposed it again in 2004 and was refused.
Did Clinton ever have a "surplus"? NO! If you take out the Social Security income (taxes), he had a deficit like anyone else.
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Saving the world keeps me busy. However, I find Earth very primitive from my home planet of Krypton.
-Supergirl |
