I just want to share this quote from Sen. Bernie Sanders (I-VT) on 6/18/12.-“This country does in fact have a serious deficit problem. But the reality is that the deficit was caused by two wars – unpaid for. It was caused by huge tax breaks for the wealthiest people in this country. It was caused by a recession as result of the greed, recklessness and illegal behavior on Wall Street. And if those are the causes of the deficit, I’ll be damned if we’re going to balance the budget on the backs of the elderly, the sick, the children, and the poor. That’s wrong.”-
This happened mainly in the crash of 08. The 1% pocketed the money that used to go to the middle class in raises, and benefits. If the corporations and 1% pay their fair share, gave people raises, and benefits back then the middle class could bounce back. The charts show that no republican president left office with under 5% unemployment rate. While all but 1 democrat left office with much lower % of unemployment. To blame president Obama for this is like blaming the fireman working on the mess the arsonist left.
The REAL problem was those housing prices were balloons filled with hot air from banks and “financial institutions” that never should have been allowed to come up with things like “hedge funds”. The bushes never got trimmed, but the public certainly did. The balloons popped, and the folks were stuck with another broken rubber, after being screwed. Now they have to live with the offspring, as the “daddy banks” have skipped out on child support.
Meanwhile, Obama bailed out the banks, dumped hundreds of billions of dollars into their coffers, and put the balance of that bill on the backs of Americans yet-born (conservatives, since leftists tend to murder their children).
Yes, BUSH bailed out the banks, Obama has been trying to help the rest of the country as well. Certainly hasn’t been perfect, but far better than Bush. MItt with a con-congress would REALLY shaft the rest of us, Think “Bain HEAVY”!
Breeana almost 12 years ago
Reverse Robin Hood.
tcity almost 12 years ago
I just want to share this quote from Sen. Bernie Sanders (I-VT) on 6/18/12.-“This country does in fact have a serious deficit problem. But the reality is that the deficit was caused by two wars – unpaid for. It was caused by huge tax breaks for the wealthiest people in this country. It was caused by a recession as result of the greed, recklessness and illegal behavior on Wall Street. And if those are the causes of the deficit, I’ll be damned if we’re going to balance the budget on the backs of the elderly, the sick, the children, and the poor. That’s wrong.”-
pam Miner almost 12 years ago
This happened mainly in the crash of 08. The 1% pocketed the money that used to go to the middle class in raises, and benefits. If the corporations and 1% pay their fair share, gave people raises, and benefits back then the middle class could bounce back. The charts show that no republican president left office with under 5% unemployment rate. While all but 1 democrat left office with much lower % of unemployment. To blame president Obama for this is like blaming the fireman working on the mess the arsonist left.
Motivemagus almost 12 years ago
Cut back on the meds, Ima, you’re hallucinating again.
pirate227 almost 12 years ago
Credit default swaps, ’nuff said.
Dtroutma almost 12 years ago
The REAL problem was those housing prices were balloons filled with hot air from banks and “financial institutions” that never should have been allowed to come up with things like “hedge funds”. The bushes never got trimmed, but the public certainly did. The balloons popped, and the folks were stuck with another broken rubber, after being screwed. Now they have to live with the offspring, as the “daddy banks” have skipped out on child support.
yohannbiimu almost 12 years ago
Meanwhile, Obama bailed out the banks, dumped hundreds of billions of dollars into their coffers, and put the balance of that bill on the backs of Americans yet-born (conservatives, since leftists tend to murder their children).
Dtroutma almost 12 years ago
Yes, BUSH bailed out the banks, Obama has been trying to help the rest of the country as well. Certainly hasn’t been perfect, but far better than Bush. MItt with a con-congress would REALLY shaft the rest of us, Think “Bain HEAVY”!
fargopete almost 12 years ago
Kenyan? Still?(sigh)