Did George W Bush save the world?

Discussion in 'Economy' started by DavidS, Jan 1, 2009.

  1. DavidS
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    DavidS Anti-Tea Party Member

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    Obviously not something you would expect me to say, I'm about as big of a Bush fan as I am a country music fan. BUT, one must look at all of the New Year's Eve celebrations and wonder "What if?"

    What if Bush had stuck to his fiscal conservative values and not bailed out AIG, not bailed out the big banks, not bailed out Ford and GM. How bad would this crisis have been in comparison if we would have seen every single major bank fall, including JP Morgan, Bank of America and so on. Goldman Sachs and Morgan Stanley would've gone under and unemployment would surely be in the double digits by now. Our entire economy could have collapsed.

    Do you think George W. Bush saved us or do you think he delayed the inevitable? Also, what do you think are the consequences of the government writing 7 trillion dollars worth of checks to prop up our economy?
     
  2. editec
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    editec Mr. Forgot-it-All

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    Yeah, didn't you see the video of it?

    Apparently somebody had tied the world to a railroad track and Bush II got it off just in the nick of time.

    It was damned close, man.

    Yeah! Bush II.
     
  3. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    No, everything Bush and the 110th Congress have done has only put off the inevitable, and will make it worse in the long run. Had he not bailed out anybody and allowed the market to correct itself we would have had a bad period for a little while, but not as bad as it's going to be.
     
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  4. Modbert
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    Modbert Daydream Believer Supporting Member

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    [youtube]C1-rfiVXAUs[/youtube]

    :eusa_whistle:
     
  5. AmericaFirst
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    AmericaFirst BANNED

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    Do you think Bush noticed the US Treasury and American Taxpayers have been robbed of $ 8,500,000,000,000.00 since the middle of September?
     
  6. DavidS
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    DavidS Anti-Tea Party Member

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    We added another trillion to that in the past month? Wow. Go us. Spending trillions like it's nothing. Anyone know what comes after trillion?
     
  7. Ravi
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    Ravi Diamond Member

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    He does get some credit for trying to fix what he and Congress did wrong.
     
  8. AmericaFirst
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    AmericaFirst BANNED

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    I think it's a Quadrillion, 8.5 trillion dollars is half the countries annual GDP! We and our children have to pay it back with interest. The Fed creates money from nothing - a real racket.

    The private Federal Reserve that created the money was sued by Bloomberg News demanding for them to disclose where the first 2.5 trillion went. The private bank refused to tell us! They claim it's a TRADE SECRET. These crooks need arrested NOW.

    The talk on the street says the Fed gave it to their banker buddies. They in turn have taken the dollars and converted them to foreign currency and deposited the money over seas. This puts them (the terrorist bankers) in position to buy up the country for pennies on the dollar after they kill the dollar.

    The Obama team is worse then the bush team (they work for the bankers) - we are in for some real crisis this year
     
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  9. DavidS
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    DavidS Anti-Tea Party Member

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    It was Fox Business News, actually. I wonder why that story hasn't gotten as much play as it should from the liberal media. You'd think they'd be all about suing Bush and his cronies.
     
  10. AmericaFirst
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    AmericaFirst BANNED

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    Bloomberg was the party that sued the Fed.

    The MSM , like Washington, both parties and all branches, are owned by the same criminals.

    It's called the New Kleptocracy. A chosen few are being setup to OWN the frickin country.

    Listen to this Dr Michael Hudson interview. The guys got it pegged. He was to be Kucinich's Sec of Treasury if he got elected (I know - fat chance)

    http://www.kpfa.org/archives/index.php?arch=28790

    http://www.kpfa.org/archives/index.php?arch=28908
     
    Last edited: Jan 2, 2009

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