Help Save America

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Originally Posted by Losthwy

Bush is the past and that is good.
Obama is the present and that is better.
If you had been listening he has said our problems will not be fixed quickly.

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This man hasn't unpacked yet and already he has spent this county into oblivion. In his latest overture toward Iran, he might as well have surrendered. His responses to President Pelosi’s every wish signal a bleak future for all of us. I had hoped that he would surround himself with good, competent people and indeed govern more from the middle. However, his decisions and actions so far indicate that he only wishes to push the left’s agenda at any cost. The fact that at this late date his administration finally addressed the issue that many consider to be the root of our economic problems should tell every American where his real priorities lie.

Frank Price

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Originally Posted by Bayou Magic

This man hasn't unpacked yet and already he has spent this county into oblivion.

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Some folks are funny without meaning to be. That really is amusing.

And according to that fat guy on the radio it's the "Obama Recession", which he proclaimed in his wisdom, two days after the election.

President Obama,

I need a little Bailout.

I certainly don't need Trillions, Billions, Millions or even Hundreds of thousands or tens of thousands, for that matter.

But a few hundred would allow me to go to the auction and buy a few more cows to put with my Bull which would produce more calves for me to sell and take care of my very own self!!!!!

And the sales are on Tuesdays & Thursdays so if you can get it to me prior to those days, I would be very appreciative.




Jerry

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Originally Posted by Losthwy

Some folks are funny without meaning to be. That really is amusing.

And according to that fat guy on the radio it's the "Obama Recession", which he proclaimed in his wisdom, two days after the election.

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Too bad I don't have your wisdom, Mr Anonymous. Please clarify it for me. Tell me how we are going to spend our way to prosperity and pay off our debts…without raising taxes…or maybe I missed something. Wait, I got it now…it’s not Obama’s record spending spree we are experiencing. It’s someone else’s budget and spending plan.
fp

Lets start by quit voting for these career incumbents, Kennedy,Pelosi,Schumer, McCain,Reid,Barney Frank, Chris Dodd,Arlen Specter,...we keep voting the same guys in office and then we are stumped when they dont do what we want them to...who is really to blame, we put em there....I've said it before TERM LIMITS...I am not a fan of BHO but as soon as he was elected he was the perfect foil (read fool) for the Senate to cram this stimulus bill down our throats...

Bush may be the past, but we will be paying for the damages he caused for the next decade if Obama and his successors do their jobs well. I don't know anyone who expected or promised to "fix all our problems overnight". It amazes me how most on this forum were prepared to say that Bush was not responsible for any of the bad things that happened on his watch over a period of eight years but are now willing to blame Obama for everything bad that has happened in the two months since inauguration. Personally, I have reservations about a number of the things Obama has proposed. However, I believe it will be some time before we know how well his actions so far and his proposals for the future will work. The fact that our economy is in the toilet now is the direct product of years of irresponsible governance, not the product of anything that happened since January.

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Lets start by quit voting for these career incumbents, Kennedy,Pelosi,Schumer, McCain,Reid,Barney Frank, Chris Dodd,Arlen Specter,...we keep voting the same guys in office and then we are stumped when they dont do what we want them to...who is really to blame, we put em there....I've said it before TERM LIMITS...I am not a fan of BHO but as soon as he was elected he was the perfect foil (read fool) for the Senate to cram this stimulus bill down our throats...
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HOOK EM

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I love when people say "we are the ones who voted them in"
I haven't voted for a winner in 95 percent of elections included HoR or senate except for a couple local elections here or there in about 30 years
I' proud to say that None of it is my fault.

I would only vote for someone if they could shiver when they tell a big fat lie. Or even a "sorry I royally screwed up" would do.

Pete

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Originally Posted by YardleyLabs

Bush may be the past, but we will be paying for the damages HE CAUSED for the next decade if Obama and his successors do their jobs well. I don't know anyone who expected or promised to "fix all our problems overnight". It amazes me how most on this forum were prepared to say that Bush was not responsible for any of the bad things that happened on his watch over a period of eight years but are now willing to blame Obama for everything bad that has happened in the two months since inauguration. Personally, I have reservations about a number of the things Obama has proposed. However, I believe it will be some time before we know how well his actions so far and his proposals for the future will work. The fact that our economy is in the toilet now is the direct product of years of irresponsible governance, not the product of anything that happened since January.

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YEP, He Should of had the black helicopters wisk Barney Frank, Maxine Waters and Chris Dodd off to one of his secret Gulags over seas. That would have prevented those 3 from blocking legislation introduced by McCain and other Republicans that were trying to establish controls on Freddie and Fannie. ( You know-- The guys who were backing the Fair Housing laws that allowed sub prime mortages to folks who could not afford it that was introduced under Carter and strengthened under Clinton)

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Originally Posted by Captain Mike D

YEP, He Should of had the black helicopters wisk Barney Frank, Maxine Waters and Chris Dodd off to one of his secret Gulags over seas. That would have prevented those 3 from blocking legislation introduced by McCain and other Republicans that were trying to establish controls on Freddie and Fannie. ( You know-- The guys who were backing the Fair Housing laws that allowed sub prime mortages to folks who could not afford it that was introduced under Carter and strengthened under Clinton)

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None of which had much to do with our economic collapse. The mortgage crisis was not brought on by new home buyers -- qualified or not -- or by Fannie Mae and Freddie Mac. Our current collapse started with the unfunded Bush tax cuts, combined with massive growth in spending, primarily for an unfunded war, and an economic boom that did little or nothing to help the majority of the population.

The regulatory breakdown had nothing to do with CRA or, for that matter, mortgages issued prior to 2001. It had everything to do with high risk, unregulated investment instruments used to "spread" risks, unreasonably low interest rates, and a massive current accounts imbalance. In any event, the record on regulation of Fannie Mae and Freddie Mac is pretty mixed and the Republicans only look good on conservative blogs which pick and choose the few facts they publish to reinvent history. I believe the regulatory failure belongs to both sides, but the massive growth in the deficit belonged to Bush.

Obama is now going to add to the deficit, which at least makes sense during a recession/depression. However, his current budget plans call for continuing large deficits even after the economy begins to grow at a hoped for 4%. That, if done, would be as stupid as what Bush did and lay the foundation for a further economic reversal a few years later. During times of growth, large deficits are insane. It makes no difference whether they result from tax cuts, spending, or both.

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Originally Posted by YardleyLabs

None of which had much to do with our economic collapse. The mortgage crisis was not brought on by new home buyers -- qualified or not -- or by Fannie Mae and Freddie Mac. Our current collapse started with the unfunded Bush tax cuts, combined with massive growth in spending, primarily for an unfunded war, and an economic boom that did little or nothing to help the majority of the population.

The regulatory breakdown had nothing to do with CRA or, for that matter, mortgages issued prior to 2001. It had everything to do with high risk, unregulated investment instruments used to "spread" risks, unreasonably low interest rates, and a massive current accounts imbalance. In any event, the record on regulation of Fannie Mae and Freddie Mac is pretty mixed and the Republicans only look good on conservative blogs which pick and choose the few facts they publish to reinvent history. I believe the regulatory failure belongs to both sides, but the massive growth in the deficit belonged to Bush.

Obama is now going to add to the deficit, which at least makes sense during a recession/depression. However, his current budget plans call for continuing large deficits even after the economy begins to grow at a hoped for 4%. That, if done, would be as stupid as what Bush did and lay the foundation for a further economic reversal a few years later. During times of growth, large deficits are insane. It makes no difference whether they result from tax cuts, spending, or both.

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BS. It has everything to do with the current mess and the Dems fought tooth and nail to allow Freddie and Fanny to continue with their bad policies even when it was apparent that their books were not in order.

It will be interesting to see your take on the Hyper-Inflation and huge interest rates that will be the norm in 2 years or so due to the massive borrowing and printing of money to finance this insane deficit spending on Obama's budget and programs. Couple that with "Cap and Trade" and other increases in EVERYONE"S taxes and we will be Impoverished nation living under a progressive socialist agenda like much of Europe.