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ShhhhCongress has "the power of the purse".
Always have.
No matter if it's Reagan pulling the Dem congress to the right, or Newt's Congress pulling Clinton to the right.
So long as we stay away from socialism, we can survive and thrive.
Capitalism... where the rich get richer and the poor get richer!
the economy wasnt doing so bad till the dems took over congressI would say by the next election for certain...that's usually when accountability comes in to play.
He should NEVER get the blame for "breaking" our economy, that happened the previous 8 years.
He will get blamed if he can't bring us out of this hole we are in, if he doesn't pull us out of it by his next election...imho.
Or does he? Or is it Bush's economy while it's bad, then Obama's economy once it turns around?
Bloomberg.com: Worldwide
Obama will be blamed if the economy doesn't recover under him, and praised if it does, regardless of what/who is responsible for it. Though when's he's throwing trillions around like he is, it will be easier to make the case that what he does will affect the outcome. If the economy fails to recover under Obama you can expect a quick comeback for the Republicans. Otherwise their near future is less certain.
Think of the nation for god sake instead of this endless partsian bullshit.
Or does he? Or is it Bush's economy while it's bad, then Obama's economy once it turns around?
Bloomberg.com: Worldwide
Or does he? Or is it Bush's economy while it's bad, then Obama's economy once it turns around?
Bloomberg.com: Worldwide
He knew (or maybe he didnt) what the economy was doing as he was campaigning and also knew what he was in for .... ITS HIS as of 1/20/2009
ah, BULLSHITno matter what is spent to pull us out of the COLOSSAL CREDIT CRISIS/Ponzi Scheme/Recession/Depression that we are in, this crisis OCCURED because of the actions that took place the past 8 years, under the Bush Administration....Humpty Dumpty began it's fall in June of 2007 when looking back on the numbers...
There is no amount of spinning, that could change that FACT....no matter how hard one tries, imo.
When History is gathered and put in pen, this will be the facts writen.
Obama will have his day, with the History of what happens under his rule, and if he fails to pull us out of this mess or give us some positive signs or results by 2012, he will lose his reelection bid and be held accountable.
how many of Obama's cabinet do you think will still be waiting for confirmation in August?Or does he? Or is it Bush's economy while it's bad, then Obama's economy once it turns around?
Bloomberg.com: Worldwide
He knew (or maybe he didnt) what the economy was doing as he was campaigning and also knew what he was in for .... ITS HIS as of 1/20/2009
huh? He knew when he started his run for presidency that the Banks/Credit market were going to collapse?
He knew when he beat Hillary that the Stock market and banks were going to take a freefall?
I don't think so Pete....
He was already deep in to this Presidency run before this crisis surfaced.
MAY I REMIND ALL OF YOU:
It was 9 months before 9/11 and the Republicans CLAIM, none of that was President Bush's fault in not taking terrorism as seriously as he should have, no?
Yet NOW, the Republicans have switched hats and once again are trying to blame a new president, for the crisis that took place before they took office or within the first month of the Clinton presidency with the first world trade center bombing in '93?
COME ONNNNNNN!
tsk tsk tsk
This thread and the entire push of the Republicans blaming all of this MAJOR, COLOSSAL CRISIS, on Obama, is simply partisan politics...
It can't be read, any other way imo.
And if you are wondering Pete, I was not an Obama follower, i was a Hillary fan...so my eyes are wide open on this presidency....
But for goodness sakes, let this presidency have some time to try to figure out what the hell to do, to help America.
I think they have continued to make some of the same mistakes as the Bush administration, especially with not bringing these MBS's in to the light of day, changing some regulations to make the entire stock market be in sunshine, and not focussing enough on the housing crisis.....
But even with that being said, he has been in office a month and a half....?
Care
how many of Obama's cabinet do you think will still be waiting for confirmation in August?He knew (or maybe he didnt) what the economy was doing as he was campaigning and also knew what he was in for .... ITS HIS as of 1/20/2009
huh? He knew when he started his run for presidency that the Banks/Credit market were going to collapse?
He knew when he beat Hillary that the Stock market and banks were going to take a freefall?
I don't think so Pete....
He was already deep in to this Presidency run before this crisis surfaced.
MAY I REMIND ALL OF YOU:
It was 9 months before 9/11 and the Republicans CLAIM, none of that was President Bush's fault in not taking terrorism as seriously as he should have, no?
Yet NOW, the Republicans have switched hats and once again are trying to blame a new president, for the crisis that took place before they took office or within the first month of the Clinton presidency with the first world trade center bombing in '93?
COME ONNNNNNN!
tsk tsk tsk
This thread and the entire push of the Republicans blaming all of this MAJOR, COLOSSAL CRISIS, on Obama, is simply partisan politics...
It can't be read, any other way imo.
And if you are wondering Pete, I was not an Obama follower, i was a Hillary fan...so my eyes are wide open on this presidency....
But for goodness sakes, let this presidency have some time to try to figure out what the hell to do, to help America.
I think they have continued to make some of the same mistakes as the Bush administration, especially with not bringing these MBS's in to the light of day, changing some regulations to make the entire stock market be in sunshine, and not focussing enough on the housing crisis.....
But even with that being said, he has been in office a month and a half....?
Care
hmmm?
you seem to have a really poor short memory
please name me a key player in the Bush administration whose appointment was not confirmed by the Senate until August, and who was needed in his or her position prior to such that could have prevented 911?
on what day do you wingnuts admit that your boys broke it?
it doesnt matter what position it washow many of Obama's cabinet do you think will still be waiting for confirmation in August?huh? He knew when he started his run for presidency that the Banks/Credit market were going to collapse?
He knew when he beat Hillary that the Stock market and banks were going to take a freefall?
I don't think so Pete....
He was already deep in to this Presidency run before this crisis surfaced.
MAY I REMIND ALL OF YOU:
It was 9 months before 9/11 and the Republicans CLAIM, none of that was President Bush's fault in not taking terrorism as seriously as he should have, no?
Yet NOW, the Republicans have switched hats and once again are trying to blame a new president, for the crisis that took place before they took office or within the first month of the Clinton presidency with the first world trade center bombing in '93?
COME ONNNNNNN!
tsk tsk tsk
This thread and the entire push of the Republicans blaming all of this MAJOR, COLOSSAL CRISIS, on Obama, is simply partisan politics...
It can't be read, any other way imo.
And if you are wondering Pete, I was not an Obama follower, i was a Hillary fan...so my eyes are wide open on this presidency....
But for goodness sakes, let this presidency have some time to try to figure out what the hell to do, to help America.
I think they have continued to make some of the same mistakes as the Bush administration, especially with not bringing these MBS's in to the light of day, changing some regulations to make the entire stock market be in sunshine, and not focussing enough on the housing crisis.....
But even with that being said, he has been in office a month and a half....?
Care
hmmm?
you seem to have a really poor short memory
by all means Dive,
Care
that will never happenon what day do you wingnuts admit that your boys broke it?
shortly after the left stands up and claims credit for changing the loan to debt ratio that caused this mess.....
Not going back 20 years +. After this latest AIG buyout, budget proposal, Stimulus package, OBAMA OWNS IT. Nothing about the 'past' will change the fact that every time, every single time Obama or one of his minions open their mouths, it tanks. Real money, real retirements, college funds, and savings are being destroyed.the debt to loan ratio was changed during the 80's 90's 2000's....Reagan administration/Bush 1 administration/and clinton administration and Bush2 administration.....all eased these ratios....
Why say it was the dems only?
Wonder why default rates did not go up and cause a market crash and credit crisis during the 80's(oops, we did have a crash with the savings and loans during the late 80's) and 90's, when many of these changes were made?
hmmmmmmmmm, i wonder what else changed that allowed this debaucle?
This was a miriad of problems with Wall Street and lack of government oversight.....not one single thing allowed this crisis to happen and anyone that wants to claim such, has not seen the full picture of this crisis, it was a multitude of things that caused this mess and greed can't be left out as one of them... imo.
care
Not going back 20 years +. After this latest AIG buyout, budget proposal, Stimulus package, OBAMA OWNS IT. Nothing about the 'past' will change the fact that every time, every single time Obama or one of his minions open their mouths, it tanks. Real money, real retirements, college funds, and savings are being destroyed.the debt to loan ratio was changed during the 80's 90's 2000's....Reagan administration/Bush 1 administration/and clinton administration and Bush2 administration.....all eased these ratios....
Why say it was the dems only?
Wonder why default rates did not go up and cause a market crash and credit crisis during the 80's(oops, we did have a crash with the savings and loans during the late 80's) and 90's, when many of these changes were made?
hmmmmmmmmm, i wonder what else changed that allowed this debaucle?
This was a miriad of problems with Wall Street and lack of government oversight.....not one single thing allowed this crisis to happen and anyone that wants to claim such, has not seen the full picture of this crisis, it was a multitude of things that caused this mess and greed can't be left out as one of them... imo.
care
