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neowulf

join:2000-10-20
Port Orange, FL

reply to Time

Re: Not surprised

Huh, really? Like throughout Bush's term not one republican blamed everything on Clinton? I mean 9/11 was all Clinton's fault I thought because Bush had only been in office such a short time that there was no way he was able to read memos put on his desk warning him about impending attacks against the US by terrorist groups? In fact wasn't Bush on vacation 90% of the time before 9/11? Obama goes on a weekend break with the family and that is huge news.

Heck republicans still preach about their savior Regan. The very President who laid out the ground work for economic collapse. Reaganomics the very notion of removing regulations and removing corporate taxes, it maybe a great idea in theory, but only if greed wasn't a motivating factor in corporate America.

I have no great love for Obama going back on what he campaigned for as a open government and transparency. This is going to hurt him bad in the next election as even many who believed in him will have trouble distinguishing him from policies made during the Bush administration that now that he as President is not willing to let go.

Then again I do not like two party systems at all, too much room for corruption, too much room for back room deals. Just the whole notion of a two party system plays out as they can just always blame the other side, while actually never doing or accomplishing much of anything. It's always the other party that is to blame.

As they say, how can you trust a senator who will spend 10's of millions running for a seat that pays $174k a year. Politicians spend more time in office looking for money for their next campaign rather then actually doing the job they were elected to do.

I guess I am just tired of watching politics ruin this country, all in the name of a buck, which is losing value every day.


Uncle Paul

join:2003-02-04
USA
kudos:1

said by neowulf:

I guess I am just tired of watching politics ruin this country, all in the name of a buck, which is losing value every day.
The current debt.. that I will place at Obama's feet. (I'll kick some to Bush since he did the first bailout too).

amigo_boy

join:2005-07-22
Reviews:
·magicjack.com

said by Uncle Paul:

said by neowulf:

I guess I am just tired of watching politics ruin this country, all in the name of a buck, which is losing value every day.
The current debt.. that I will place at Obama's feet. (I'll kick some to Bush since he did the first bailout too).
Some? See this article: »www.nytimes.com/2009/06/10/busin···tml?_r=1

Also see the sidebar graphic which depicts Clinton's, Bush's and Obama's contributions: »www.nytimes.com/interactive/2009···hic.html

What I think is funny is how Conservatives portray President Obama as too liberal. But, when he merely continued President Bush's stimulus, bailout and war spending, he's suddenly responsible for the current debt, and Bush only responsible for "some."

Mark


Uncle Paul

join:2003-02-04
USA
kudos:1

said by amigo_boy:

said by Uncle Paul:

said by neowulf:

I guess I am just tired of watching politics ruin this country, all in the name of a buck, which is losing value every day.
The current debt.. that I will place at Obama's feet. (I'll kick some to Bush since he did the first bailout too).
Some? See this article: »www.nytimes.com/2009/06/10/busin···tml?_r=1

Also see the sidebar graphic which depicts Clinton's, Bush's and Obama's contributions: »www.nytimes.com/interactive/2009···hic.html

What I think is funny is how Conservatives portray President Obama as too liberal. But, when he merely continued President Bush's stimulus, bailout and war spending, he's suddenly responsible for the current debt, and Bush only responsible for "some."

Mark
Bush was a free spender himself there's no doubt, but Obama took Bush's lead and added some juice. We're looking at a deficit not equaled since World War II.

I'm wondering, with the devaluation of the dollar oversees, the current debt and running deficits... how are we planning on fixing Social Security... you know that elephant's still in the room.

Obama needs to reverse the spending spree, not pile on.

amigo_boy

join:2005-07-22
Reviews:
·magicjack.com

1 edit

said by Uncle Paul:

We're looking at a deficit not equaled since World War II.
We're looking at an economic collapse not equaled since the Depression, which generated the deficit going into WWII.

said by Uncle Paul:

I'm wondering, with the devaluation of the dollar oversees, the current debt and running deficits... how are we planning on fixing Social Security... you know that elephant's still in the room.

Obama needs to reverse the spending spree, not pile on.
The drop in the dollar's value (relative to foreign currencies) reduces the import deficit and helps US industry by making US products more affordable to other countries.

Other countries are contemplating intervention in their currencies to reduce this effect. They're looking at devaluing their own currencies to preserve their own export markets.

Re Soc. Sec. That's a two-edged sword. An incentive exists to stimulate the economy and get more workers paying taxes. The alternative to running up a debt (in the process of stimulating) isn't that good either.

Mark

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