I'm highly offended by your comments. Have you read the "Banking Reform Bill" Did you? Did you read the "Healthcare Bill"? I did, all 3000 pages of it. Anyone who would back that if they read it is either anti-American or stupid. This country is a Republic not some marxist regime. If you are that in love with having the government tell you what to do, where to live, what to eat and when to die, move to China or Cuba od North Korea. BTW in case you didn't notice (and obviously you didn't) there were Democrats blocking the Healthcare controll bill. The Republicans didn't have enough votes to block it at that time, it was blocked by Democrats. The country is in a mess, we have a president that has no clue how to run anything except to run the debt up. We're losing our civil rights but don't worry, after the next election we'll be able to start setting things right again. Cut the budget, cut the debt, get jobs going again and get out of this whole. BTW Marxism/Socialism isn't good, it's bad, ask the 200,000,000 people that were murdered by socialist government. Look at the environmental devistation of every socialist country. It doesn't work, it only works in fantasy land.
Be offended if you must, Jim; but it's funny how suddenly all the problems and the 'socialism' you speak of are Pres. Obama's fault. Seems to me that if we get a Republican back in the White House things will just continue getting worse. Who is it that got us from a surplus to a major deficit, 2 wars, and a HUGE financial crisis in just 8 years? I wonder. What of socialism? We are a republic, and we are a huge country. Do you think we can continue to ignore the poor while the rich get richer and remain on the path of prosperity? Before long, the poorest will get wise and start 'taking' what they feel is theirs. The prison system in this country can't hold 90% of the population. Can it? Obama can't run anything? Hm. It seems to me that he's doing a stellar job at handling his position with poise, thought, and class. Could you do a better job? And it's hole not whole.
That's funny that you mention the deficit. You're referring to the deficit that Obama tripled in his first year in office? That deficit? So if we go by your logic, that Obama id three times as bad and you are supporting him. Great logic. You also point out the financial crisis, you do realize that the crisis came from the housing bubble bursting which was a result of subprime loans, which was a result of the Community Reinvestment Act which was enacted under Carter, it was held at bay during the Reagen and GHW Bush years and then expanded during Clinton administration. Banks were forced to take bad loans from people that had a bad record of paying their bills and that could barely afford the loans. This also by simple supply and demand artificially raise home values. When GW Bush came in he tried to stop the practice, Bwany Fwank and Chris Dodd perjured themselves by swearing (you can look this up on YouTube) that Fannie and Freddie where in great shape. Their lies tied Bush's hand, he could end a program that they were saying was great. That's what trashed the economy. You really think that we ignore the poor in this country? Do you realize our poor are in the top 30% of income earners in the world? Do you realize our poor are middle class in Europe? Do you realize that our poor own 2.6 times as many cell phones, 2.2 times as many cars, 3.4 times as many TVs than middle class in Europe? You seem to think that the government running your life is good, I don't. Remember the USSR? Ever talk to someone that lived there? How about China? Cuba? I have, they HATED it. They would tell you that you are crazy, they lived through socialism and they all think we're nuts heading in the direction we are. How has Obama done for you so far, Unemployment has stagnated at around 15% unless you happen to ba a black male, then it's around 35% (it was 10.1% under Bush BTW). You don't get socialism, it make everyone equally poor. You have the opportunity to earn wealth for yourself and your children. Socialism will ensure you remain in poverty the rest of your life. Let's look at his list, Bail outs? Failed, Stimulus? Failed, Jobs Bill? Failed, The War? You can grade that one, The Oil Spill? Huge fail! Insulting our allies, insulting Americans, snubbing out veterans you call class? Oh BTW thanks for pointing out my typing error, it's nice to know what is important to you.
Jim, There may actually be a few things I agree with you on in there; but you make a few assumptions that most Americans make.
Part of the 'tripling' of the deficit that you refer to was already under way as the bailouts were on track before Obama raised his hand to take his oath. The financial crisis was due to more than just one thing though predatory lending had quite a bit to do with it. Do you realize that many of these loans were made to creditworthy ppl (who happened to be minorities) at much higher rates than for caucasians. Much of the hullabaloo over lending had to do with this practice, and it opened the door for other bad loans to be made; but bankers took it to the next level and not only made these bad loans with high rates but then turn around and packaged, and resold, them knowing they probably would not be repaid. Trading in derivatives also had a large part to do with the financial crisis but since most ppl don't understand it, it's not talked about so much. Yes, our so-called poor may be richer than the poor in 3rd world countries but tell that to someone who's living on the street or in a shelter with no money to feed their children and no job prospects. When I speak of the poor, I do not speak of ppl with homes and cars and phones and clothing. I speak of those without. I actually have been dating someone from China for 5 years now; they head up a chinese company here in America and LOVE China and thinks America has got it wrong. I also have several friends from China who were quite happy with their lives in the country and studied abroad and plan to retire in China. You make an assumption that communism, as seen by those living under it, is much better than our way of life. We may think so, but not everyone thinks that way. Obama has been doing great for the mess he inherited. Moving in the right direction as far as I'm concerned. I'm employed and the work is coming in better than in the last 4 years. I'm not sure why you keep throwing around this socialism phrase. We are a republic. If you don't like it here, you can always move somewhere less 'socialistic'. I'm not sure where you get your unemployment numbers, but last report was around 10%, not 15%. It was actually expected to be higher and surprised those reporting. Obama's list? Bailouts? They were started before he took office BUT many of the companies using those funds have started paying them back already. Billions of dollars have been returned already. Stimulus? It may not have worked for you but it seems that 95% of Americans got a tax cut and more money back in their taxes. Did you? Jobs bill? What do you speak of? Jobs will return when companies start hiring again. The president, any president, can't do much about that. You don't want govt intervention but you want him to demand that companies start hiring? The War(s) that were already underway and the Pentagon will not let go of. What would you do in his case? Would you pull out and leave the countries to their own peril? Would you increase troops and spend more money that we don't have? Is there something in between? Suggestions that would go over with our war-mongering constituency? The Oil Spill? What can he do about a catastrophe such as this? Bush could not do much about Katrina once it happened. He made some mistakes and missteps. People just need someone to blame. Blame BP and Bush/Cheney for their relaxing the rules and allowing BP to go ahead without the necessary tests, trials, and equipment. Remember that prevention is the best medicine. I'm not sure what other things you're talking about. I believe that you have more of a problem with the man than with his policies or how well he's doing his job.
I glad we agree on a few points. First, I never agreed with the bailouts. Business should be left to survive or die on it's own. The government getting involved only makes things worse. The bank bailout allowed the banks to keep many of the properties they repossessed so they could hold them for better profit keeping the market stagnating longer. Once again as always government involvement corrupted an industry even more. Now about this line "Do you realize that many of these loans were made to creditworthy ppl (who happened to be minorities) at much higher rates than for Caucasians." Banks do make judgment on race. They exist to make money. They don't care what color you sure. I'll grant you that as a whole blacks pay higher interest rates. But that has to do with many factors none of which is race. My buddy has a mortgage rate lower than mine, he's black, my niece has horrible credit, defaulted on a home loan 3 years ago, bought a home last year, nothing down, 5% interest (also lower then my mortgage) on a new HUD home. She had it foreclosed on in 8 months. Oh and she's black. If I had her history I would never have gotten that loan, especially they way the economy is, yet she got it. So don't give me that line. BTW, the government (your liberal buddies) push to change the regs to allow subprime loans to be resold in an attempt to limit liability, of course it backfired. Again government corrupts. As to your derivatives? The SEC needs a bath, the practices they have allowed such as naked short sales are criminal. Here is a case where again we don't need more government, we just need them to uphold the law. Socialism? Let's see, he wants to "Spread the wealth" Social Justice" He wants nationalized healthcare, the list goers on, come on, don't play dumb. Have you studied the history of socialism? It fails every time. So you have a few Chinese friends that like China. What do you think the 80,000,000 that were murdered by Mao Ze Dung would think of China? Go ahead, defend the socialist for the hundreds of millions they've killed. BTW you never answered that point on My Blog. Black male unemployment? Google it, I didn't make that up, but your messiah made it happen. Oh and BTW, the real unemployment number would be the U6 number, again, look it up! The only reason it went down at all was because the government hired 615,000 temporary census workers.
"may not have worked for you but it seems that 95% of Americans got a tax cut and more money back in their taxes." What? there was no tax cut, look it up, it was essentially a loan, don't be gullible! What can the president do" Cut the budget lower taxes, and jobs increase. That has worked every time though history. Did you know there was a sever recession in 1920? it lasted 18 months because they cut taxes. Then in 1925 they raised taxes 50%. Guess what happened? In 1926 there was a sever recession, it lasted 12 months as they repealed the new taxes. In 1929 Herbert Hoover becomes president, rasies taxes, imposes a lot of new baking regs. By the end of the year a recession starts. Hoover imposes more regulations. 1930 Recession deepens, Hoover raises taxes to offset recession. 1930 Recession becomes a depression. 1933 Hoover starts Great Society (Socialism)programs, depression worsens and last until the end of WWII. Wow! Obama is doing just about the same things Hoover did and so far getting the same results! The oil spill. Let me first explain the law. Louisiana is a state, before Bush could send FEMA in until Nagin signed the order. Nagin was the one who failed, not Bush, again do research. Deep Horizon is in Federal waters, it's the Federal government’s jurisdiction, in other words Obama's jurisdiction. If he had ordered a burn in the first week they could have eliminated millions of barrels of oil that is now washing up on shore. 17 countries offered help and equipment, he refused the help. I guess he was taking the advice of Rahm "Dead fish" Emanuel and making sure the spill did as much damage as possible so he can not let a good crisis go to waste. I knew this was going to be his opportunity to impose his cap and tax to further crush the economy. You see, socialist don't care about anything or any one but their agenda. He proves that out clearly. Oh and BTW Blaming Bush/Cheney for relaxing the rules is a crock. The EPA has ALWAYS been run by the most stringent vigilante tree huggers on the planet. In case you hadn't notice Obama appointed a former BP executive as the Undersecretary of the DOE. I suppose that's Bush's fault too!
I don't claim to have all the answers Jim; though you seem to be well versed and should probably be heading the country yourself. We won't continue to quibble over the bailouts. This isnt the first time we've had a bailout. Remember the Savings and Loan fiasco? Wasn't that a bailout to the tune of several billions dollars (started under another Republican administration)? I think many of the people who were in the industries responsible for this mess would not have agreed with letting those huge banks, investment houses, etc fail. Yes, I think it's a mess and needs to be changed but even as Obama is trying to put more stringent rules in place, he's being thwarted on every angle about it being too much govt intervention. Let Freedom ring. Well, we should let Freedom ring and let failure take care of itself. "I'll grant you that as a whole blacks pay higher interest rates. But that has to do with many factors none of which is race." Are you serious? NOTHING to do with race? If you believe that then you are definitely not living in Amerikkka. Yes, the SEC does need a cleaning out. You won't get any argument from me on that. You keep speaking of China; with 10 of thousands of years of history, we have a long way to go to figure out what we're about in order to catch up. My friend reminds me of that all the time. We're less than 400 years old. Babies comparatively; and if we keep on the road that we're on, we'll belong to the Chinese lock stock and barrel. You say Obama contributed to the unemployment numbers of black males? you really are stretching with that one. Centuries of abuse, misuse, and disrespect are the reason for those numbers (which are still lower than you claim unless you want to quote your sources). I'd be happy to stop by and take a look. Obama has been cutting taxes on the majority of households and hopefully will be re-instating the tax cuts doled out to the rich under GWB. Look at any of the fact check sites for the real numbers. Personally I don't know much about an oil burn, and I would suppose that if it were a viable option that it would have been used. In light of the fact that it hasn't, I'll guess that there is a reason. Yes, many countries have been offering help and much of that help has been evaluated and some of it has been taken. Unfortunately quite a bit of that help has been for sale of goods and services that we can tap right here in our own country, so why should we pay outsiders when we can put some of our own unemployed to the job? I suppose you think Bush/Cheney did a stellar country of running the country (into the ground).
I don't have all the answers however I am well studied and I know the difference between right and wrong. You'll also come to realize when I say something, I've done my homework. Not all of the banks would have failed, and if they had to bail them out there are better ways to do it. They could have given them a percentage of the difference from mortgages they saved. Instead the yare getting rewarded for foreclosing on loans. That's stupid! More stringent rules wouldn't have prevented this, they are what CAUSED this! It was like getting someone hooked on crack. They told the banks "you'll love it, you'll feel better, then they got pressured to do it, "only do a few" then they got hooked. I don't get how anyone can't see this but every time the private sector is forced to do something by government, it usually ends bad, and I'm not talking about common sense rules and laws, I'm talking agenda. "Are you serious? NOTHING to do with race? If you believe that then you are definitely not living in Amerikkka." I am serious and I guess we'll have to disagree on this point. Don't get me wrong, I know that racism occurs, but I don't think business people are sitting there saying "lets charge them higher rates because they are black" When you write a car loan for example, it's not just that person's credit history, there are other factors such as where he lives. If it's an area that has an extremely high level of defaults, then that person is a higher risk. Believe it or not, banks track that kind of stuff because it cost them money. I'm not questioning China's heritage, they've only been Communist/Socialist for 80 years, in that time more than 80,000,000 people have been murdered by their government and there was wide spread poverty and famine until they went to a capitalist market (very interesting that Socialist had to change to capitalist to survive). Problem is that government keeps all of the wealth. No one has a chance of ever becoming wealthy, they are all confined to poverty for the rest of their lives. I don't disagree that there are other reasons why black males have a harder time finding work. But my numbers are correct, do a Google search. Also, when you look for unemployment numbers look for the U6 unemployment numbers, those are the real numbers. Is Obama responsible? Well he spent a trillion of our money with the promise that it would create enough jobs to lower unemployment. It went up just like us Republicans said it would. Funny, we keep saying what's wrong with his agenda and it keeps turning out to be true. Remember healthcare? CBO now says it will raise the debt, they now say you will not be able to keep your doctor, they now say there will be healthcare rationing. It looks like we will be telling grandma she's too old to help. Grayson was wrong, Democrats want Grandma to die slowly and in pain.
You're so called tax cuts were simply a change in how they did withholding. Read about it. You all you got was the interest on your own money. That is not a tax cut. BTW who are the rich? Did you know that 70% of billionaires are Democrats? Seriously, look it up. there are also more Democrats making between $10,000,000 and one billion then Republicans. Republicans don't take the majority until you get below 10 mil. So who exactly are the rich? The burn... As soon as everyone realized how bad this leak was, BP suggested a burn (that's a standard practice with large spills) the tree huggers told) Obama "No" because of the CO2 emissions. Well I'd much rather have more smoke in the air than oil in the estuaries. Oil is much easier to get rid of while it's in the water, once it's on shore it's very hard to get rid of. BTW, they are now doing burns to eliminate some of what's coming up now, but it's too late for what is already out there. I really think Obama wanted the oil on shore to sell his cap and trade tax. He needed pictures of dead pelicans to jerk at the hearts of people. If you haven't figured this out yet, he only cares about his agenda (more on that later) I'm not sure where you heard that about charging, true some was that was offered, however 17 countries volunteer their services for free. He didn't even have the decency to answer them until he was criticized about it. I'm not and never have been a Bush fan, but he has sure gotten a lot of crap he didn't deserve. It's funny that liberals slam him for running up a trillion in debt in 8 years, but they say nothing about Obama tripling that in one year. Funny isn't it?
13 comments:
Well said. Unfortunately, our current system of government is broken and we lack quality voters to change it.
but we done tried to Change it. now what do we do?
I'm highly offended by your comments. Have you read the "Banking Reform Bill" Did you? Did you read the "Healthcare Bill"? I did, all 3000 pages of it. Anyone who would back that if they read it is either anti-American or stupid. This country is a Republic not some marxist regime. If you are that in love with having the government tell you what to do, where to live, what to eat and when to die, move to China or Cuba od North Korea. BTW in case you didn't notice (and obviously you didn't) there were Democrats blocking the Healthcare controll bill. The Republicans didn't have enough votes to block it at that time, it was blocked by Democrats. The country is in a mess, we have a president that has no clue how to run anything except to run the debt up. We're losing our civil rights but don't worry, after the next election we'll be able to start setting things right again. Cut the budget, cut the debt, get jobs going again and get out of this whole.
BTW Marxism/Socialism isn't good, it's bad, ask the 200,000,000 people that were murdered by socialist government. Look at the environmental devistation of every socialist country. It doesn't work, it only works in fantasy land.
Be offended if you must, Jim; but it's funny how suddenly all the problems and the 'socialism' you speak of are Pres. Obama's fault. Seems to me that if we get a Republican back in the White House things will just continue getting worse.
Who is it that got us from a surplus to a major deficit, 2 wars, and a HUGE financial crisis in just 8 years? I wonder.
What of socialism? We are a republic, and we are a huge country. Do you think we can continue to ignore the poor while the rich get richer and remain on the path of prosperity?
Before long, the poorest will get wise and start 'taking' what they feel is theirs. The prison system in this country can't hold 90% of the population. Can it?
Obama can't run anything? Hm. It seems to me that he's doing a stellar job at handling his position with poise, thought, and class. Could you do a better job?
And it's hole not whole.
That's funny that you mention the deficit. You're referring to the deficit that Obama tripled in his first year in office? That deficit? So if we go by your logic, that Obama id three times as bad and you are supporting him. Great logic. You also point out the financial crisis, you do realize that the crisis came from the housing bubble bursting which was a result of subprime loans, which was a result of the Community Reinvestment Act which was enacted under Carter, it was held at bay during the Reagen and GHW Bush years and then expanded during Clinton administration. Banks were forced to take bad loans from people that had a bad record of paying their bills and that could barely afford the loans. This also by simple supply and demand artificially raise home values. When GW Bush came in he tried to stop the practice, Bwany Fwank and Chris Dodd perjured themselves by swearing (you can look this up on YouTube) that Fannie and Freddie where in great shape. Their lies tied Bush's hand, he could end a program that they were saying was great. That's what trashed the economy.
You really think that we ignore the poor in this country? Do you realize our poor are in the top 30% of income earners in the world? Do you realize our poor are middle class in Europe? Do you realize that our poor own 2.6 times as many cell phones, 2.2 times as many cars, 3.4 times as many TVs than middle class in Europe? You seem to think that the government running your life is good, I don't. Remember the USSR? Ever talk to someone that lived there? How about China? Cuba? I have, they HATED it. They would tell you that you are crazy, they lived through socialism and they all think we're nuts heading in the direction we are.
How has Obama done for you so far, Unemployment has stagnated at around 15% unless you happen to ba a black male, then it's around 35% (it was 10.1% under Bush BTW). You don't get socialism, it make everyone equally poor. You have the opportunity to earn wealth for yourself and your children. Socialism will ensure you remain in poverty the rest of your life.
Let's look at his list, Bail outs? Failed, Stimulus? Failed, Jobs Bill? Failed, The War? You can grade that one, The Oil Spill? Huge fail!
Insulting our allies, insulting Americans, snubbing out veterans you call class?
Oh BTW thanks for pointing out my typing error, it's nice to know what is important to you.
Try reading this:
http://hayekcenter.org/?p=682
Jim, There may actually be a few things I agree with you on in there; but you make a few assumptions that most Americans make.
Part of the 'tripling' of the deficit that you refer to was already under way as the bailouts were on track before Obama raised his hand to take his oath.
The financial crisis was due to more than just one thing though predatory lending had quite a bit to do with it. Do you realize that many of these loans were made to creditworthy ppl (who happened to be minorities) at much higher rates than for caucasians. Much of the hullabaloo over lending had to do with this practice, and it opened the door for other bad loans to be made; but bankers took it to the next level and not only made these bad loans with high rates but then turn around and packaged, and resold, them knowing they probably would not be repaid.
Trading in derivatives also had a large part to do with the financial crisis but since most ppl don't understand it, it's not talked about so much.
Yes, our so-called poor may be richer than the poor in 3rd world countries but tell that to someone who's living on the street or in a shelter with no money to feed their children and no job prospects. When I speak of the poor, I do not speak of ppl with homes and cars and phones and clothing. I speak of those without.
I actually have been dating someone from China for 5 years now; they head up a chinese company here in America and LOVE China and thinks America has got it wrong. I also have several friends from China who were quite happy with their lives in the country and studied abroad and plan to retire in China. You make an assumption that communism, as seen by those living under it, is much better than our way of life. We may think so, but not everyone thinks that way.
Obama has been doing great for the mess he inherited. Moving in the right direction as far as I'm concerned. I'm employed and the work is coming in better than in the last 4 years. I'm not sure why you keep throwing around this socialism phrase. We are a republic. If you don't like it here, you can always move somewhere less 'socialistic'.
I'm not sure where you get your unemployment numbers, but last report was around 10%, not 15%.
It was actually expected to be higher and surprised those reporting.
Obama's list? Bailouts? They were started before he took office BUT many of the companies using those funds have started paying them back already. Billions of dollars have been returned already.
Stimulus? It may not have worked for you but it seems that 95% of Americans got a tax cut and more money back in their taxes. Did you?
Jobs bill? What do you speak of? Jobs will return when companies start hiring again. The president, any president, can't do much about that. You don't want govt intervention but you want him to demand that companies start hiring?
The War(s) that were already underway and the Pentagon will not let go of. What would you do in his case? Would you pull out and leave the countries to their own peril? Would you increase troops and spend more money that we don't have? Is there something in between? Suggestions that would go over with our war-mongering constituency?
The Oil Spill? What can he do about a catastrophe such as this? Bush could not do much about Katrina once it happened. He made some mistakes and missteps. People just need someone to blame. Blame BP and Bush/Cheney for their relaxing the rules and allowing BP to go ahead without the necessary tests, trials, and equipment. Remember that prevention is the best medicine.
I'm not sure what other things you're talking about. I believe that you have more of a problem with the man than with his policies or how well he's doing his job.
I glad we agree on a few points. First, I never agreed with the bailouts. Business should be left to survive or die on it's own. The government getting involved only makes things worse. The bank bailout allowed the banks to keep many of the properties they repossessed so they could hold them for better profit keeping the market stagnating longer. Once again as always government involvement corrupted an industry even more.
Now about this line "Do you realize that many of these loans were made to creditworthy ppl (who happened to be minorities) at much higher rates than for Caucasians." Banks do make judgment on race. They exist to make money. They don't care what color you sure. I'll grant you that as a whole blacks pay higher interest rates. But that has to do with many factors none of which is race. My buddy has a mortgage rate lower than mine, he's black, my niece has horrible credit, defaulted on a home loan 3 years ago, bought a home last year, nothing down, 5% interest (also lower then my mortgage) on a new HUD home. She had it foreclosed on in 8 months. Oh and she's black. If I had her history I would never have gotten that loan, especially they way the economy is, yet she got it. So don't give me that line.
BTW, the government (your liberal buddies) push to change the regs to allow subprime loans to be resold in an attempt to limit liability, of course it backfired. Again government corrupts.
As to your derivatives? The SEC needs a bath, the practices they have allowed such as naked short sales are criminal. Here is a case where again we don't need more government, we just need them to uphold the law.
Socialism? Let's see, he wants to "Spread the wealth" Social Justice" He wants nationalized healthcare, the list goers on, come on, don't play dumb. Have you studied the history of socialism? It fails every time. So you have a few Chinese friends that like China. What do you think the 80,000,000 that were murdered by Mao Ze Dung would think of China?
Go ahead, defend the socialist for the hundreds of millions they've killed. BTW you never answered that point on My Blog.
Black male unemployment? Google it, I didn't make that up, but your messiah made it happen.
Oh and BTW, the real unemployment number would be the U6 number, again, look it up! The only reason it went down at all was because the government hired 615,000 temporary census workers.
"may not have worked for you but it seems that 95% of Americans got a tax cut and more money back in their taxes." What? there was no tax cut, look it up, it was essentially a loan, don't be gullible! What can the president do" Cut the budget lower taxes, and jobs increase. That has worked every time though history. Did you know there was a sever recession in 1920? it lasted 18 months because they cut taxes. Then in 1925 they raised taxes 50%. Guess what happened? In 1926 there was a sever recession, it lasted 12 months as they repealed the new taxes.
In 1929 Herbert Hoover becomes president, rasies taxes, imposes a lot of new baking regs. By the end of the year a recession starts. Hoover imposes more regulations. 1930 Recession deepens, Hoover raises taxes to offset recession. 1930 Recession becomes a depression. 1933 Hoover starts Great Society (Socialism)programs, depression worsens and last until the end of WWII.
Wow! Obama is doing just about the same things Hoover did and so far getting the same results!
The oil spill. Let me first explain the law. Louisiana is a state, before Bush could send FEMA in until Nagin signed the order. Nagin was the one who failed, not Bush, again do research.
Deep Horizon is in Federal waters, it's the Federal government’s jurisdiction, in other words Obama's jurisdiction. If he had ordered a burn in the first week they could have eliminated millions of barrels of oil that is now washing up on shore. 17 countries offered help and equipment, he refused the help. I guess he was taking the advice of Rahm "Dead fish" Emanuel and making sure the spill did as much damage as possible so he can not let a good crisis go to waste. I knew this was going to be his opportunity to impose his cap and tax to further crush the economy. You see, socialist don't care about anything or any one but their agenda. He proves that out clearly.
Oh and BTW Blaming Bush/Cheney for relaxing the rules is a crock. The EPA has ALWAYS been run by the most stringent vigilante tree huggers on the planet. In case you hadn't notice Obama appointed a former BP executive as the Undersecretary of the DOE. I suppose that's Bush's fault too!
I don't have time to answer all your claims at the moment, but you claimed unemployment was at 15% when USA Today states, and I quote,
"Employers added 431,000 jobs in May, mostly temporary U.S. Census workers...
The unemployment rate fell to 9.7% in May from 9.9% in April..."
I don't claim to have all the answers Jim; though you seem to be well versed and should probably be heading the country yourself.
We won't continue to quibble over the bailouts. This isnt the first time we've had a bailout. Remember the Savings and Loan fiasco? Wasn't that a bailout to the tune of several billions dollars (started under another Republican administration)?
I think many of the people who were in the industries responsible for this mess would not have agreed with letting those huge banks, investment houses, etc fail. Yes, I think it's a mess and needs to be changed but even as Obama is trying to put more stringent rules in place, he's being thwarted on every angle about it being too much govt intervention. Let Freedom ring. Well, we should let Freedom ring and let failure take care of itself.
"I'll grant you that as a whole blacks pay higher interest rates. But that has to do with many factors none of which is race."
Are you serious? NOTHING to do with race? If you believe that then you are definitely not living in Amerikkka.
Yes, the SEC does need a cleaning out. You won't get any argument from me on that.
You keep speaking of China; with 10 of thousands of years of history, we have a long way to go to figure out what we're about in order to catch up. My friend reminds me of that all the time. We're less than 400 years old. Babies comparatively; and if we keep on the road that we're on, we'll belong to the Chinese lock stock and barrel.
You say Obama contributed to the unemployment numbers of black males? you really are stretching with that one. Centuries of abuse, misuse, and disrespect are the reason for those numbers (which are still lower than you claim unless you want to quote your sources). I'd be happy to stop by and take a look.
Obama has been cutting taxes on the majority of households and hopefully will be re-instating the tax cuts doled out to the rich under GWB. Look at any of the fact check sites for the real numbers.
Personally I don't know much about an oil burn, and I would suppose that if it were a viable option that it would have been used. In light of the fact that it hasn't, I'll guess that there is a reason.
Yes, many countries have been offering help and much of that help has been evaluated and some of it has been taken. Unfortunately quite a bit of that help has been for sale of goods and services that we can tap right here in our own country, so why should we pay outsiders when we can put some of our own unemployed to the job?
I suppose you think Bush/Cheney did a stellar country of running the country (into the ground).
I don't have all the answers however I am well studied and I know the difference between right and wrong. You'll also come to realize when I say something, I've done my homework.
Not all of the banks would have failed, and if they had to bail them out there are better ways to do it. They could have given them a percentage of the difference from mortgages they saved. Instead the yare getting rewarded for foreclosing on loans. That's stupid! More stringent rules wouldn't have prevented this, they are what CAUSED this! It was like getting someone hooked on crack. They told the banks "you'll love it, you'll feel better, then they got pressured to do it, "only do a few" then they got hooked. I don't get how anyone can't see this but every time the private sector is forced to do something by government, it usually ends bad, and I'm not talking about common sense rules and laws, I'm talking agenda.
"Are you serious? NOTHING to do with race? If you believe that then you are definitely not living in Amerikkka." I am serious and I guess we'll have to disagree on this point. Don't get me wrong, I know that racism occurs, but I don't think business people are sitting there saying "lets charge them higher rates because they are black" When you write a car loan for example, it's not just that person's credit history, there are other factors such as where he lives. If it's an area that has an extremely high level of defaults, then that person is a higher risk. Believe it or not, banks track that kind of stuff because it cost them money.
I'm not questioning China's heritage, they've only been Communist/Socialist for 80 years, in that time more than 80,000,000 people have been murdered by their government and there was wide spread poverty and famine until they went to a capitalist market (very interesting that Socialist had to change to capitalist to survive). Problem is that government keeps all of the wealth. No one has a chance of ever becoming wealthy, they are all confined to poverty for the rest of their lives.
I don't disagree that there are other reasons why black males have a harder time finding work. But my numbers are correct, do a Google search. Also, when you look for unemployment numbers look for the U6 unemployment numbers, those are the real numbers. Is Obama responsible? Well he spent a trillion of our money with the promise that it would create enough jobs to lower unemployment. It went up just like us Republicans said it would. Funny, we keep saying what's wrong with his agenda and it keeps turning out to be true. Remember healthcare? CBO now says it will raise the debt, they now say you will not be able to keep your doctor, they now say there will be healthcare rationing. It looks like we will be telling grandma she's too old to help. Grayson was wrong, Democrats want Grandma to die slowly and in pain.
You're so called tax cuts were simply a change in how they did withholding. Read about it. You all you got was the interest on your own money. That is not a tax cut.
BTW who are the rich? Did you know that 70% of billionaires are Democrats? Seriously, look it up. there are also more Democrats making between $10,000,000 and one billion then Republicans. Republicans don't take the majority until you get below 10 mil. So who exactly are the rich?
The burn... As soon as everyone realized how bad this leak was, BP suggested a burn (that's a standard practice with large spills) the tree huggers told) Obama "No" because of the CO2 emissions. Well I'd much rather have more smoke in the air than oil in the estuaries. Oil is much easier to get rid of while it's in the water, once it's on shore it's very hard to get rid of. BTW, they are now doing burns to eliminate some of what's coming up now, but it's too late for what is already out there. I really think Obama wanted the oil on shore to sell his cap and trade tax. He needed pictures of dead pelicans to jerk at the hearts of people. If you haven't figured this out yet, he only cares about his agenda (more on that later)
I'm not sure where you heard that about charging, true some was that was offered, however 17 countries volunteer their services for free. He didn't even have the decency to answer them until he was criticized about it.
I'm not and never have been a Bush fan, but he has sure gotten a lot of crap he didn't deserve. It's funny that liberals slam him for running up a trillion in debt in 8 years, but they say nothing about Obama tripling that in one year. Funny isn't it?
I guess some of us just have more time on our hands than others. Hope you're having a good summer.
Post a Comment