Lake Zurich, IL
|reply to Ryokucha |
Re: Some investors are not very smart.
"under the Bush Administration" is a convenient blanket that today's Democrats use for cover when they want to hide the fact that they took over Congress in 2006, and they were the ones in charge of legislation ("I'm just a bill", anyone?)
Yes, under the Bush Administration, because in the end he has veto power. The 2005 Regulatory change that opened the door wide open to predatory lending is directly linked to his administration.
To what 2006 Congress has anything to do with 2005 I have no idea, but it seems you are grasping at straws here to make it look like it is all the Democrats fault. No matter what facts are out there it sure seems like you don't want to blame Bush, I really don't know why.
I guess you missed this part of the "I'm just a bill" :
I'm just a bill
Yes, I'm only a bill
And if they vote for me on Capitol Hill
Well, then I'm off to the White House
Where I'll wait in a line
With a lot of other bills
For the president to sign
And if he signs me, then I'll be a law.
How I hope and pray that he will,
But today I am still just a bill.
Boy: You mean even if the whole Congress says you should be a law, the president can still say no?
Bill: Yes, that's called a veto. If the President vetoes me, I have to go back to Congress and they vote on me again, and by that time you're so old...
Boy: By that time it's very unlikely that you'll become a law. It's not easy to become a law, is it?
fiberguyMy views are my own.Premium
|reply to jester121 |
No... it goes WAY back.. WAAAAAY farther back to when the Dems had control of the house, senate, etc.. the ground was laid long ago for the mis-handling of the economic system today. Neither the Dems or Pubs are innocent of this.. and further more, neither are other countries...
If people would learn to pay their own way, EVERYONE, and not always look for a reason to have a hand out, we'd be a much better place.. there is a need for SOME socialism in society to help the weak and incapable.. however, those boundaries, thanks to the dems, have been GREATLY expanded to include anyone with a pulse and a sob story.
I go to HCMC, a country run hospital in the Twin Cities, for a study program I volunteered for in cancer research. I will tell you that some of the program nurses and doctors will admit that the "system" encourages people to become able to receive benefits and services.. constantly telling people things such as "if you can just look ill, you can go on assistance, receive free money, all care paid for and you won't have to work".. that's plain flat BS..
Oh, and by the way.. The Dems took over Congress in 2006, but you are aware that within 100 days, the republicans were already blaming the dems for all the mess, right? Not that it's not partially true that the dems had a hand in the mess, but the damage the dems did was FAR back in the 80's and 90's.. not 2006 as the pubs like to think. ANYONE with an ounce of brain knows that we can not turn this country on a dime into such ruin.. it takes a long chain of events to bring something this large to it's knees. This is the same I can say to Obama about how he believes that he's making an impact on the economy so soon.. his 'spend into the ground' mentality isn't doing anything to help us.. its NOT the reason we're seeing ANY change. There are other factors already in play that have loosened up the reigns a little.. VERY little.
For the record, too, Obama and his crew like to say that the Republicans started the free fall in the stock market.. I seem to recall differently.. while it may have taken a dump under Bush's run, it looked more like it started to fall when we found out who was likely to be the next president .. If there is one thing I like, no matter how bad it can affect us, it's that the stock market does show the government that WE THE PEOPLE do control government, not the other way around. They may be able to make laws and attempt to grab power, but in the end, the people still control them..
So, the argument that the pubs say the dems were to blame since they took over in 2006, and the dems saying "under the Bush Administration".. both are crap arguments.. they ALL got greedy and power hungry and played a role in messing this country up.
I'd have high hopes for Libertarians, to which I am.. however, the conservative republicans are trying to flee their own burning ship, and take cover under the Libertarian flagship to try to reform..