At what point does Obam become responsible?

[RetiredGySgt]

Everything that happened the entire 8 years Bush was President was laid at his feet, INCLUDING the 4 years Congress was not controlled by the Republicans. Almost 3 years into Obama's Presidency and according to the same people he is not responsible for anything.

 

[Moonglow]

when did that happen. I see Obama taking responsibilty for things he has done right and wrong.
unfortunately the repubs went around and still are blaming Clinton for the current recession.

 

[code1211]

when did that happen. I see Obama taking responsibilty for things he has done right and wrong.
unfortunately the repubs went around and still are blaming Clinton for the current recession.

A day rarely passes that a Democrat does not reference the bad economy left to Obama by Bush. It's tiresome and predictable.

On the other hand, I can't remember a Republican blaming Clinton for the recession. The Recession that followed the Dotcom bubble bursting pretty much ended in 2002 with a little dip at the 9/11 attacks.

Do you have a link that supports your assertion?

 

[Moonglow]

Analysis: Republicans Accepting Blame for Clinton Recession
Christopher Ruddy
Wednesday, Nov. 7, 2001

Analysis: Republicans Accepting Blame for Clinton Recession

Bush says he inherited recession

Bush, Cheney take advantage of revised GDP data to say economy a mess when they took office.

Bush says he inherited recession - Aug. 7, 2002

 

[Moonglow]

22 September 2008
Jimmy Carter, Bill Clinton Share Blame for Subprime Mortgage Recession, Government Overshoot
Al Fin: Jimmy Carter, Bill Clinton Share Blame for Subprime Mortgage Recession, Government Overshoot

 

[WillowTree]

Everything that happened the entire 8 years Bush was President was laid at his feet, INCLUDING the 4 years Congress was not controlled by the Republicans. Almost 3 years into Obama's Presidency and according to the same people he is not responsible for anything.

The way I look at it it's the demonRats way of telegraphing the news.. "obiedoodle wasn't up to the job, he talked a big talk but he donna walk the walk." Such wimps really.

 

[Moonglow]

they all play the blame game.

 

[WillowTree]

when did that happen. I see Obama taking responsibilty for things he has done right and wrong.
unfortunately the repubs went around and still are blaming Clinton for the current recession.

They are not only blaming Clinton, my friend, they are blaming Jimmy Carter, too! I keep hearing some of them Tea Party folks say,

" If it weren't for those darned dark skinned folks getting into the housing market and buying houses, we we would all be happy little campers, being white absentee landlords to those poor black folk in the city. "

The something fair housing finance affordability act of the 1970's was the cause of all this there recession, some of them claim.

Unreal !!

Oh goody. we gots us a new racist to the board.

 

[Sherry]

When Michelle says so.

 

[Moonglow]

When Michelle says so.

isn't that so with all women?

 

[Momanohedhunter]

Everything that happened the entire 8 years Bush was President was laid at his feet, INCLUDING the 4 years Congress was not controlled by the Republicans. Almost 3 years into Obama's Presidency and according to the same people he is not responsible for anything.

The way I look at it it's the demonRats way of telegraphing the news.. "obiedoodle wasn't up to the job, he talked a big talk but he donna walk the walk." Such wimps really.

Well, he did have a record of not being involved with the economy before he was President. He sure missed allot of votes on the economy. He missed most of them during his tome on the hill. I dont see how he can even be taken seriously considering how many votes he missed on finances.

 

[Sherry]

When Michelle says so.

isn't that so with all women?

It depends on the man...

[ame=http://www.youtube.com/watch?v=Fj4vLZJhNEk]YouTube - ‪Rodney Carrington - The Man Song‬‏[/ame]

 

[Warrior102]

He will assume responsibility as soon as he returns from vacation.

Again.

He promises.

 

[kaz]

At what point does Obarn become responsible?

When things start working right...

 

[C_Clayton_Jones]

Everything that happened the entire 8 years Bush was President was laid at his feet, INCLUDING the 4 years Congress was not controlled by the Republicans. Almost 3 years into Obama's Presidency and according to the same people he is not responsible for anything.

Well…..

If we lived in an objective, non-partisan world we’d understand that presidents aren’t responsible for economic boom or bust.

But we don’t, so here we are.

Hoover may be the only exception to that – he became president in March of 1929 and the stock market crashed in October of that year; but it can be argued there was nothing much Hoover could do to avoid the Great Depression, even if he implemented New Deal-type policies.

It is therefore pointless and foolish to evaluate a president during his administration, as partisan subjectivity can get in the way of facts and the outcomes of many policies are not know for years – perhaps decades – later. Historians are just now getting an understanding of the Reagan years. And after more than 40 years historians have no consensus as to the LBJ presidency. Truman was hated and despised during his years in office but is considered now among our greatest presidents.

Therefore, anyone’s evaluation of Obama at this point is subjective, partisan, and meaningless. We’ll simply have to wait for historians to sort it all out years from now.

We do know Obama was not responsible for the December 2007 recession. We know Obama implemented the same programs and policies to address the crisis as advocated by the GWB administration and McCain; indeed, had McCain been elected we’d seen the same policies implemented.

We know the Bush tax cuts eliminated the budget surplus his administration inherited resulting in new deficits, exacerbated by an expansion of the size of government and new programs. But did it cause the December 2007 crash? There’s no way of knowing at this time. As with the Obama presidency, the GWB presidency will be evaluated and judged by later generations.

 

[hellofromwarsaw]

Pubs can really pile it high-and it's amazing what what their lovely dupes will swallow.... Can the elitist bastid Pubs delay the recovery long enough?

 

[kaz]

Pubs can really pile it high-and it's amazing what what their lovely dupes will swallow.... Can the elitist bastid Pubs delay the recovery long enough?

Yes, only a dupe would believe people should take responsibility for their own life. A free thinking liberal knows that's a job far better left to government...

 

[hellofromwarsaw]

By David Goldstein and Kevin G. Hall | McClatchy NewspapersWASHINGTON — As the economy worsens and Election Day approaches, a conservative campaign that blames the global financial crisis on a government push to make housing more affordable to lower-class Americans has taken off on talk radio and e-mail. Commentators say that's what triggered the stock market meltdown and the freeze on credit. They've specifically targeted the mortgage finance giants Fannie Mae and Freddie Mac, which the federal government seized on Sept. 6, contending that lending to poor and minority Americans caused Fannie's and Freddie's financial problems.Federal housing data reveal that the charges aren't true, and that the private sector, not the government or government-backed companies, was behind the soaring subprime lending at the core of the crisis. Subprime lending offered high-cost loans to the weakest borrowers during the housing boom that lasted from 2001 to 2007. Subprime lending was at its height from 2004 to 2006.Federal Reserve Board data show that: More than 84 percent of the subprime mortgages in 2006 were issued by private lending institutions. Private firms made nearly 83 percent of the subprime loans to low- and moderate-income borrowers that year. Only one of the top 25 subprime lenders in 2006 was directly subject to the housing law that's being lambasted by conservative critics. The "turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007," the President's Working Group on Financial Markets reported Friday.

 

[hellofromwarsaw]

Cut the ridiculous ideologue BS, Glenn....

 

[hellofromwarsaw]

Cutting all the regulations they could, putting foxes in charge of the SEC, etc, OBVIOUSLY led to catastrope-on Wall St., but thanks for the BS, Foxbots! -happy Fourth- get a clue!