Another much needed moderate says enough is enough and leaves the Senate.....Snowe from Maine leaves with these insightful parting words: ""People are just stunned by the debilitating partisanship, polarization and the overall dysfunction of the institution and political paralysis as we come, you know, to the point of extreme when it comes to resolving the problems facing our country," a frustrated Snowe told CNN Wednesday. "It's become an all or nothing proposition and that failure has eroded the public's confidence about the direction of this country and about governing institutions to be at the front lines of solving these problems." People are so divided that they argue out of both sides of their mouth just to be right all the time and to be vehemently against whatever the other side is saying. The other side just cannot be wrong on every single item.......but that's how we roll these days in America.
While that is all true, I find it amazing that people like you who blamed everything in the world on Bush and fought him at every step are now wanting something different. I believe Snowe, but have no sympathy for the whiners who blamed Bush for every ill the world has ever know from the day he took office, and now four years later refuse to have their idol Obama shoulder any blame. And sorry but you fit that bill.
She should take the other 99 with her! That body is completely dysfunctional. In four years they have not passed a single budget. Is that not their sworn duty? Those folks should not even be paid.
Snowe was the only Republican who voted for the Health Care bill at any point voting for it in committee. Gee, polarization in Washington. Anyone remember when Obama met with Republican leaders and basicly blew them off saying "Hey, I won." And let's not forget the other consiliatory remark "elections have consequences." After the way the Democrats shut out the Republicans with the Health Care Bill giving them only hours to read it before voting on the 2000 page document, I say piss on them the way that they pissed on us. It's pathetic how they always cry about how partisan Washington is.
I didn't like who was behind Bush.....the GOP regime that ushered in his tenure in the White House and who ultimately led this nation to economic ruin by coddling greed mongers on Wall Street. And he did nothing to separate himself from that ratty pack. With regard to Obama......in the coming months we will see how this all sorts out. If he can convince the majority of people that at least some of his policies have been helpful to a recovery then he wins the election in November. If he is unsuccessful convincing anyone that he has been on the right track....he loses. He will correctly remind people that he became conductor of a runaway train to economic hell but he will also smartly point out that it was his responsibilty for slowing that train down. Whether or not that train has slowed because of his policies will be the crux of the debates to come. In the interim the last people on earth that will convince me he is poison.....he is filth.....etc. etc. is the Tea Party ultra conservative right who seem to speak for the entire Republican party these days and are so darkly full of spite and rhetoric they can't be trusted a lick to come up with the truth. The Rush Limbaughs of the world are the face and soul of the GOP whether or not some choose to believe it.
"He will correctly remind people that he became conductor of a runaway train to economic hell but he will also smartly point out that it was his responsibilty for slowing that train down. Whether or not that train has slowed because of his policies will be the crux of the debates to come." Where does he "blame" Bush without taking responsibility for fixingthe problem in that statement? This was an economic disaster that Obama took over.......not just a mild slowdown. It was unlike anything you or I have seen in our lifetime in it's widespread severity. How can that not still be an issue with regard to who was in the White House for 8 effin years when the damn thing went awry? It has to be acknowledged who was in office when it was created before we get around to who is resolving it.
Who cannot forget his "laser focus on jobs." And let's not forget Biden's "summer of recovery." Then there was "we need this stimulus package to keep unemployment from going over 8%." And of course the "shovel ready jobs" that never existed. But what galls me is that after pissing away almost a trillion dollars on a phoney "stimulus package" his excuse for it not working was "the economy was worse than we thought." Huh? You pissed away almost a trillion dollars on something and you had no idea what the real situation was?
Two things you will be hearing about that stimulus is that some economists thought it wasn't enough and the impact of that cash infusion is hard to quantify. Without it where would we be today.....a full blown Depression?
Well since there was a Democratic House, filibuster proof Senate and Obama in the White House when the stimulus was passed, I'll blame Bush becuase it wasn't enough. Probably short a few ******** solar panel companies and 800 billion less in debt.
That statement is patently absurd and a gross distortion of the facts and/or any reasonable judgement as to the key factors contributing to the credit crisis. If that is the basic premise of your argument, your fundamental conclusion is unlikely to be sound.....democratic administrations, congresses, GSA's, government agencies and regulators, Main Street, Wall Street, mom and pop and greed mongers on everystreet, USA all collectively played a crucial role in the credit crisis....laying it at Bush's feet just doesn't fly and is nothing but a lib/Dem talking point. There is value in independent thought, but it is becoming a premium commodity.....
You want a bailout that's hard to track go back to the 700 billion dollar Wall Street bailout of October 2008 to the very group of greedy assholes that led us down the path to financial ruin in the first place. I suppose Bush had nothing to do with that one.....all Obama eh? And by God the execs on Wall Street wanted to pay out those much deserved bonuses out of that bailout money and in many cases probably did. OH....I forgot the economics lesson that you taught me BT that's there was a Beemer salesman in NYC who kept his job for one more year because of that bailout..... :roll:
The disdain for facts and extensive use distortions and fabrications generally is not helpful to one's argument or credibility. If you have any desire to engage in rational, civil debate you might want to change tactics.....if not, enjoy yourself.
...uh.....here? Right..... :lol: ...see above Anyhow.....yes it turned out to only be about 475 million or so......has all of that been tracked? Whereabouts known and balance due? The Dodd-Frank Act came to pass when there seemed to be a reckelessness about where that money was going and how many bonuses were getting paid out...... The fact that AIG and others like it wanted to pay out bonuses.....or did pay out bonuses for leading the nation into a severe financial crisis still irks many.
Here's a good article explaining CDS's and AIG's involvement. It's way more likely that the bailout of AIG prevented a depression than the stimulus package did. http://www.reuters.com/article/2008/09/18/us-how-aig-fell-apart-idUSMAR85972720080918
No, not really....but it can make for some fascinating reading.....if you have the time....a couple of years of steady reading 24/7 might do it. Banks are now prohibited from engaging in some activities that had nothing to do with the crisis and the bill does not address at all the massive institutions that were at the core of the meltdown.....i.e, Fannie, Freddie, et al....in meantime, firms are waiting for the regulatory agencies to roll out the remaining 90% of the rules.......but it's only been a few years, so what's the hurry. Gip, that article does provide a good framework for what took a not atypical downturn into a liquidity crisis that threatened the global financial system.