GoDemocratic
Member
- Apr 25, 2017
- 93
- 12
- 21
You should thank the stars that McCain - Palin did not win in 2008 and again Romney in 2012.. Let me
refresh your memory a little. In 2008 we had an economy that was:
1. Losing 850,000 jobs per month.
2. Every bank and broker bankrupt or on the briink
3. Real Estate foreclosures increasing every week
4. Two wars raging with no exit strategy in place and insufficient revenue to pay for it due to tax break..
Now, let the GOP fix this. They said 'No TARP, let 'em fail, they deserve it' Ok, so all 31 of these corporations go to
bankruptcy court. It normally takes 3 years to exit from it. (Meanwhile, only the lawyers are working). What will these
financial corporations start doing? They start laying off people adding to the 850,000 because they are bankrupt! Real Estate
keeps sinking because the buyers for it can't find mortgage money. Ok, so, a tax break for the rich 1% would have
accomplished nothing except make the governmenrt poorer. Do you see where these policies would have led us? So,
we applaud Obama for applying sensible policies to bring the economy back and it worked.
refresh your memory a little. In 2008 we had an economy that was:
1. Losing 850,000 jobs per month.
2. Every bank and broker bankrupt or on the briink
3. Real Estate foreclosures increasing every week
4. Two wars raging with no exit strategy in place and insufficient revenue to pay for it due to tax break..
Now, let the GOP fix this. They said 'No TARP, let 'em fail, they deserve it' Ok, so all 31 of these corporations go to
bankruptcy court. It normally takes 3 years to exit from it. (Meanwhile, only the lawyers are working). What will these
financial corporations start doing? They start laying off people adding to the 850,000 because they are bankrupt! Real Estate
keeps sinking because the buyers for it can't find mortgage money. Ok, so, a tax break for the rich 1% would have
accomplished nothing except make the governmenrt poorer. Do you see where these policies would have led us? So,
we applaud Obama for applying sensible policies to bring the economy back and it worked.