It is just getting worse. the lies of 2006 have come full circle, time to own up libs

[Nyvin]

2006? Who controlled both houses, the presidency and the Supreme Court? Whose policies had been in place for years? nuff said.

Things were just fine until Democrats got more power.

The democrats did not have control of either house in 2006. They came into power (barely) in the beginning of 2007. 2007 was the PEAK of the housing bubble, how much can you realistically do at the PEAK of an economic crisis??? (answer: nothing, it was going to happen at that point)

Obama did NOT radically expand the federal budget either, it was actually Bush's final budget made in 2008 that drove federal spending up, although to his credit the surge was undeniably caused by the market crash in late 2008 with the stimulus.

The budget expanded rapidly during 2009 and then pretty much stayed relatively flat ever since. Hence the budget deficit has been going down every single year Obama has been in office with returns from stimulus bailouts and pulling out of Iraq. Now the deficit is actually decreasing at the fastest rate since the period right after ww2.

2013 United States federal budget – $3.8 trillion (submitted 2012 by President Obama)
2012 United States federal budget – $3.7 trillion (submitted 2011 by President Obama)
2011 United States federal budget – $3.8 trillion (submitted 2010 by President Obama)
2010 United States federal budget – $3.6 trillion (submitted 2009 by President Obama)
2009 United States federal budget – $3.1 trillion (submitted 2008 by President Bush)
2008 United States federal budget – $2.9 trillion (submitted 2007 by President Bush)
2007 United States federal budget – $2.8 trillion (submitted 2006 by President Bush)
2006 United States federal budget – $2.7 trillion (submitted 2005 by President Bush)
2005 United States federal budget – $2.4 trillion (submitted 2004 by President Bush)
2004 United States federal budget – $2.3 trillion (submitted 2003 by President Bush)
2003 United States federal budget – $2.2 trillion (submitted 2002 by President Bush)
2002 United States federal budget – $2.0 trillion (submitted 2001 by President Bush)

 

[auditor0007]

Census on Obama?s 1st Term: Real Median Income Down $2,627; People in Poverty Up 6,667,000; Record 46,496,000 Now Poor | CNS News

In 2006 from Iraq to the debt to the economy, all of the lies that turned the tide to put the libs in power have come full circle

The economy is a wreck

Part time jobs rule the roost with 90 million not in the work force

Obama-care took the place of focus on jobs for the 2 years we needed it most
trilion dollar deficits? are you kidding? the NY times would have field day with this and GWB

Poverty is at record numbers and growing

Iraq? well now there is Syria where killing people with guns is okay and as if it is a re run of Iraq "we promise to turn in our WMDs" while the world does nothing
excpet this time no-one is going to stop the killing, nor the mad man resp for it

Keep bashing Obamacare. It's only saved us about $750 billion to date. Now, I do not know if that trend will continue, but right now spending on healthcare is seeing its smallest yearly increases in sixty years. This year, healthcare spending is actually running below inflation. Considering that healthcare spending is our biggest long term financial problem, Obamacare could turn out to be one of the greatest programs ever, but we'll have to wait to see.

 

[RandallFlagg]

Census on Obama?s 1st Term: Real Median Income Down $2,627; People in Poverty Up 6,667,000; Record 46,496,000 Now Poor | CNS News

In 2006 from Iraq to the debt to the economy, all of the lies that turned the tide to put the libs in power have come full circle

The economy is a wreck

Part time jobs rule the roost with 90 million not in the work force

Obama-care took the place of focus on jobs for the 2 years we needed it most
trilion dollar deficits? are you kidding? the NY times would have field day with this and GWB

Poverty is at record numbers and growing

Iraq? well now there is Syria where killing people with guns is okay and as if it is a re run of Iraq "we promise to turn in our WMDs" while the world does nothing
excpet this time no-one is going to stop the killing, nor the mad man resp for it

Keep bashing Obamacare. It's only saved us about $750 billion to date. Now, I do not know if that trend will continue, but right now spending on healthcare is seeing its smallest yearly increases in sixty years. This year, healthcare spending is actually running below inflation. Considering that healthcare spending is our biggest long term financial problem, Obamacare could turn out to be one of the greatest programs ever, but we'll have to wait to see.

Yeah, no doubt. In time, I'm sure that we will be able to look back and put Obarrycare right up there with Social Security.

 

[JRK]

It's so sad to watch conservatives reach into the toilet again and again to try to bring back up the failed and flopped Bush Presidency up from the sewer.

If Bush's Presidency was so successful, then why didn't he keep his GOP Congressional majority? Why didn't McCain win the White House?

Listen, it's best to give up on defending one of the all time worst President's in American history, George Dumbya Bush. He was an ill-spoken oaf who used his unearned privileges as a Bush family member to get out of real military service, get into Yale on a legacy admission, and then become President based on having his dad's name. He was in over his head, and the nation suffered needlessly from his policies.

Move on instead to defending whatever idiot GOPer is running for President now. You're chances of success aren't good, but they are better.

Why didt the GOP stay in power?
ABC
CBS
NBC
CNN
POST
TIMES
MSNBC
Weather channel
USA today
Time Mag
Move on .org

and boy what a diff its made

defict in 07? 162 billion
in 09?
1.4 trillion
UE rate 07 <5%
2010 10%


Was BHO vetted by the press in 08?
A PALIN was
Sarah Palin Background Check Vetting Process Mainstream Media MSM Sending Teams of Investigative Reporters to Wasilla and Anchorage Alaska to Scour Records and Interview Locals Liberal Left Wing Democrat Journalists Looking for Dirt on Republican VP

The WEATHER channel? Really? Everybody picks on the weather.

One of the most liberal news stations on the planet
from glabal warming to the "farm bill"
every morning there on there promoting the agenda

 

[JRK]

Census on Obama?s 1st Term: Real Median Income Down $2,627; People in Poverty Up 6,667,000; Record 46,496,000 Now Poor | CNS News

In 2006 from Iraq to the debt to the economy, all of the lies that turned the tide to put the libs in power have come full circle

The economy is a wreck

Part time jobs rule the roost with 90 million not in the work force

Obama-care took the place of focus on jobs for the 2 years we needed it most
trilion dollar deficits? are you kidding? the NY times would have field day with this and GWB

Poverty is at record numbers and growing

Iraq? well now there is Syria where killing people with guns is okay and as if it is a re run of Iraq "we promise to turn in our WMDs" while the world does nothing
excpet this time no-one is going to stop the killing, nor the mad man resp for it

Keep bashing Obamacare. It's only saved us about $750 billion to date. Now, I do not know if that trend will continue, but right now spending on healthcare is seeing its smallest yearly increases in sixty years. This year, healthcare spending is actually running below inflation. Considering that healthcare spending is our biggest long term financial problem, Obamacare could turn out to be one of the greatest programs ever, but we'll have to wait to see.

How could anything that has not been put in effect save us 1 penny?
DWS: Once Americans start experiencing Obamacare, ?they?re not going to want to let it go? « Hot Air

 

[JRK]

Things were just fine until Democrats got more power.

The democrats did not have control of either house in 2006. They came into power (barely) in the beginning of 2007. 2007 was the PEAK of the housing bubble, how much can you realistically do at the PEAK of an economic crisis??? (answer: nothing, it was going to happen at that point)

Obama did NOT radically expand the federal budget either, it was actually Bush's final budget made in 2008 that drove federal spending up, although to his credit the surge was undeniably caused by the market crash in late 2008 with the stimulus.

The budget expanded rapidly during 2009 and then pretty much stayed relatively flat ever since. Hence the budget deficit has been going down every single year Obama has been in office with returns from stimulus bailouts and pulling out of Iraq. Now the deficit is actually decreasing at the fastest rate since the period right after ww2.

2013 United States federal budget – $3.8 trillion (submitted 2012 by President Obama)
2012 United States federal budget – $3.7 trillion (submitted 2011 by President Obama)
2011 United States federal budget – $3.8 trillion (submitted 2010 by President Obama)
2010 United States federal budget – $3.6 trillion (submitted 2009 by President Obama)
2009 United States federal budget – $3.1 trillion (submitted 2008 by President Bush)
2008 United States federal budget – $2.9 trillion (submitted 2007 by President Bush)
2007 United States federal budget – $2.8 trillion (submitted 2006 by President Bush)
2006 United States federal budget – $2.7 trillion (submitted 2005 by President Bush)
2005 United States federal budget – $2.4 trillion (submitted 2004 by President Bush)
2004 United States federal budget – $2.3 trillion (submitted 2003 by President Bush)
2003 United States federal budget – $2.2 trillion (submitted 2002 by President Bush)
2002 United States federal budget – $2.0 trillion (submitted 2001 by President Bush)

after the dems added 600 billion
the last GOP budget was 2.7 trillion, 2007
by 2009 it was 3.5 trillion
thats 100% BHO and the dems
why has it maintained?
add 800 billion and what ese do you want
your 3.1 is WAY OFF
it as what was requested with Ws stimulus
Submitted to
110th Congress
Total revenue
$2.7 trillion (estimated)
$2.105 trillion (actual)[1]

Total expenditures
$3.107 trillion (estimated)
$3.518 trillion (actual)[1]

Deficit
$407 billion (estimated)
$1.413 trillion (actual)[1]

2009 United States federal budget - Wikipedia, the free encyclopedia

3.1 was what GWB asked for
3.5 is what BHO got after the failed stimulus and his omnibus

 

[JRK]

Things were just fine until Democrats got more power.

The democrats did not have control of either house in 2006. They came into power (barely) in the beginning of 2007. 2007 was the PEAK of the housing bubble, how much can you realistically do at the PEAK of an economic crisis??? (answer: nothing, it was going to happen at that point)

Obama did NOT radically expand the federal budget either, it was actually Bush's final budget made in 2008 that drove federal spending up, although to his credit the surge was undeniably caused by the market crash in late 2008 with the stimulus.

The budget expanded rapidly during 2009 and then pretty much stayed relatively flat ever since. Hence the budget deficit has been going down every single year Obama has been in office with returns from stimulus bailouts and pulling out of Iraq. Now the deficit is actually decreasing at the fastest rate since the period right after ww2.

2013 United States federal budget – $3.8 trillion (submitted 2012 by President Obama)
2012 United States federal budget – $3.7 trillion (submitted 2011 by President Obama)
2011 United States federal budget – $3.8 trillion (submitted 2010 by President Obama)
2010 United States federal budget – $3.6 trillion (submitted 2009 by President Obama)
2009 United States federal budget – $3.1 trillion (submitted 2008 by President Bush)
2008 United States federal budget – $2.9 trillion (submitted 2007 by President Bush)
2007 United States federal budget – $2.8 trillion (submitted 2006 by President Bush)
2006 United States federal budget – $2.7 trillion (submitted 2005 by President Bush)
2005 United States federal budget – $2.4 trillion (submitted 2004 by President Bush)
2004 United States federal budget – $2.3 trillion (submitted 2003 by President Bush)
2003 United States federal budget – $2.2 trillion (submitted 2002 by President Bush)
2002 United States federal budget – $2.0 trillion (submitted 2001 by President Bush)

Congress do budgets
Presidents ask

Your numbers are in correct
you have used the asked for side of this

after the dems added 45000 billion in 2009, they had added 800 billion from 2007
the last GOP budget was 2.7 trillion, 2007
by 2009 it was 3.5 trillion
thats 100% BHO and the dems
why has it maintained?
add 800 billion and what else do you want
your 3.1 is WAY OFF
it was what was requested with Ws stimulus
Submitted to
110th Congress
Total revenue
$2.7 trillion (estimated)
$2.105 trillion (actual)[1]

Total expenditures
$3.107 trillion (estimated)
$3.518 trillion (actual)[1]

Deficit
$407 billion (estimated)
$1.413 trillion (actual)[1]

2009 United States federal budget - Wikipedia, the free encyclopedia

3.1 was what GWB asked for
3.5 is what BHO got after the failed stimulus and his omnibus

 

[asterism]

Things were just fine until Democrats got more power.

The democrats did not have control of either house in 2006. They came into power (barely) in the beginning of 2007. 2007 was the PEAK of the housing bubble, how much can you realistically do at the PEAK of an economic crisis??? (answer: nothing, it was going to happen at that point)

Obama did NOT radically expand the federal budget either, it was actually Bush's final budget made in 2008 that drove federal spending up, although to his credit the surge was undeniably caused by the market crash in late 2008 with the stimulus.

The budget expanded rapidly during 2009 and then pretty much stayed relatively flat ever since. Hence the budget deficit has been going down every single year Obama has been in office with returns from stimulus bailouts and pulling out of Iraq. Now the deficit is actually decreasing at the fastest rate since the period right after ww2.

2013 United States federal budget – $3.8 trillion (submitted 2012 by President Obama)
2012 United States federal budget – $3.7 trillion (submitted 2011 by President Obama)
2011 United States federal budget – $3.8 trillion (submitted 2010 by President Obama)
2010 United States federal budget – $3.6 trillion (submitted 2009 by President Obama)
2009 United States federal budget – $3.1 trillion (submitted 2008 by President Bush)
2008 United States federal budget – $2.9 trillion (submitted 2007 by President Bush)
2007 United States federal budget – $2.8 trillion (submitted 2006 by President Bush)
2006 United States federal budget – $2.7 trillion (submitted 2005 by President Bush)
2005 United States federal budget – $2.4 trillion (submitted 2004 by President Bush)
2004 United States federal budget – $2.3 trillion (submitted 2003 by President Bush)
2003 United States federal budget – $2.2 trillion (submitted 2002 by President Bush)
2002 United States federal budget – $2.0 trillion (submitted 2001 by President Bush)

Congress do budgets
Presidents ask

Your numbers are in correct
you have used the asked for side of this

after the dems added 45000 billion in 2009, they had added 800 billion from 2007
the last GOP budget was 2.7 trillion, 2007
by 2009 it was 3.5 trillion
thats 100% BHO and the dems
why has it maintained?
add 800 billion and what else do you want
your 3.1 is WAY OFF
it was what was requested with Ws stimulus
Submitted to
110th Congress
Total revenue
$2.7 trillion (estimated)
$2.105 trillion (actual)[1]

Total expenditures
$3.107 trillion (estimated)
$3.518 trillion (actual)[1]

Deficit
$407 billion (estimated)
$1.413 trillion (actual)[1]

2009 United States federal budget - Wikipedia, the free encyclopedia

3.1 was what GWB asked for
3.5 is what BHO got after the failed stimulus and his omnibus

Bush's 2009 budget proposal was completely ignored. FY 2009 was funded mostly with two appropriations, one from Oct 2008 - Mar 2009 which was a continuation of FY 2008 spending (TARP was added later) and one from Mar 2009 - Sep 2009 (stimulus was added separately).

Claiming FY 2009 as Bush's last budget is inaccurate.

 

[asterism]

Things were just fine until Democrats got more power.

The democrats did not have control of either house in 2006. They came into power (barely) in the beginning of 2007. 2007 was the PEAK of the housing bubble, how much can you realistically do at the PEAK of an economic crisis??? (answer: nothing, it was going to happen at that point)

Obama did NOT radically expand the federal budget either, it was actually Bush's final budget made in 2008 that drove federal spending up, although to his credit the surge was undeniably caused by the market crash in late 2008 with the stimulus.

The budget expanded rapidly during 2009 and then pretty much stayed relatively flat ever since. Hence the budget deficit has been going down every single year Obama has been in office with returns from stimulus bailouts and pulling out of Iraq. Now the deficit is actually decreasing at the fastest rate since the period right after ww2.

2013 United States federal budget – $3.8 trillion (submitted 2012 by President Obama)
2012 United States federal budget – $3.7 trillion (submitted 2011 by President Obama)
2011 United States federal budget – $3.8 trillion (submitted 2010 by President Obama)
2010 United States federal budget – $3.6 trillion (submitted 2009 by President Obama)
2009 United States federal budget – $3.1 trillion (submitted 2008 by President Bush)
2008 United States federal budget – $2.9 trillion (submitted 2007 by President Bush)
2007 United States federal budget – $2.8 trillion (submitted 2006 by President Bush)
2006 United States federal budget – $2.7 trillion (submitted 2005 by President Bush)
2005 United States federal budget – $2.4 trillion (submitted 2004 by President Bush)
2004 United States federal budget – $2.3 trillion (submitted 2003 by President Bush)
2003 United States federal budget – $2.2 trillion (submitted 2002 by President Bush)
2002 United States federal budget – $2.0 trillion (submitted 2001 by President Bush)

The Democrats "barely" took power in 2007? The Democrats took both the House and the Senate. That's reflected in the spending uptick.

 

[JRK]

The democrats did not have control of either house in 2006. They came into power (barely) in the beginning of 2007. 2007 was the PEAK of the housing bubble, how much can you realistically do at the PEAK of an economic crisis??? (answer: nothing, it was going to happen at that point)

Obama did NOT radically expand the federal budget either, it was actually Bush's final budget made in 2008 that drove federal spending up, although to his credit the surge was undeniably caused by the market crash in late 2008 with the stimulus.

The budget expanded rapidly during 2009 and then pretty much stayed relatively flat ever since. Hence the budget deficit has been going down every single year Obama has been in office with returns from stimulus bailouts and pulling out of Iraq. Now the deficit is actually decreasing at the fastest rate since the period right after ww2.

2013 United States federal budget – $3.8 trillion (submitted 2012 by President Obama)
2012 United States federal budget – $3.7 trillion (submitted 2011 by President Obama)
2011 United States federal budget – $3.8 trillion (submitted 2010 by President Obama)
2010 United States federal budget – $3.6 trillion (submitted 2009 by President Obama)
2009 United States federal budget – $3.1 trillion (submitted 2008 by President Bush)
2008 United States federal budget – $2.9 trillion (submitted 2007 by President Bush)
2007 United States federal budget – $2.8 trillion (submitted 2006 by President Bush)
2006 United States federal budget – $2.7 trillion (submitted 2005 by President Bush)
2005 United States federal budget – $2.4 trillion (submitted 2004 by President Bush)
2004 United States federal budget – $2.3 trillion (submitted 2003 by President Bush)
2003 United States federal budget – $2.2 trillion (submitted 2002 by President Bush)
2002 United States federal budget – $2.0 trillion (submitted 2001 by President Bush)

Congress do budgets
Presidents ask

Your numbers are in correct
you have used the asked for side of this

after the dems added 45000 billion in 2009, they had added 800 billion from 2007
the last GOP budget was 2.7 trillion, 2007
by 2009 it was 3.5 trillion
thats 100% BHO and the dems
why has it maintained?
add 800 billion and what else do you want
your 3.1 is WAY OFF
it was what was requested with Ws stimulus
Submitted to
110th Congress
Total revenue
$2.7 trillion (estimated)
$2.105 trillion (actual)[1]

Total expenditures
$3.107 trillion (estimated)
$3.518 trillion (actual)[1]

Deficit
$407 billion (estimated)
$1.413 trillion (actual)[1]

2009 United States federal budget - Wikipedia, the free encyclopedia

3.1 was what GWB asked for
3.5 is what BHO got after the failed stimulus and his omnibus

Bush's 2009 budget proposal was completely ignored. FY 2009 was funded mostly with two appropriations, one from Oct 2008 - Mar 2009 which was a continuation of FY 2008 spending (TARP was added later) and one from Mar 2009 - Sep 2009 (stimulus was added separately).

Claiming FY 2009 as Bush's last budget is inaccurate.

I could not agree more
Not sure where i stated it was his
he asked back in the spring for 3.1 with an added stimulus

BHO signed the omnibus in March 2009
He signed the failed stmulus right after he was elected
ll of that money went against GWB

Nothing n the 09 budget was GWB but what was in mandatory he had put there in previous years

Ominbus
The stimulus was all the dems

TARP?
GWB 50% we got all but about 20 billion back
BHO? that number is closer to 50 billion (uaw, gmac, gm, Chrysler) were still short

 

[Nyvin]

Okay, the stimulus was needed...but anyway.

The Dems took power in 2007...2007 was the peak of the housing crisis....what can you realistically do at the PEAK of a crisis? You can't stop it at all.

 

[Redfish]

Okay, the stimulus was needed...but anyway.

The Dems took power in 2007...2007 was the peak of the housing crisis....what can you realistically do at the PEAK of a crisis? You can't stop it at all.

Needed? it accomplished nothing except increasing the national debt. unemployment did not go down, the GDP did not change, more people went into poverty and on food stamps.

nothing that obama has done has worked, his policies are a complete and utter failure.

 

[Nyvin]

Okay, the stimulus was needed...but anyway.

The Dems took power in 2007...2007 was the peak of the housing crisis....what can you realistically do at the PEAK of a crisis? You can't stop it at all.

Needed? it accomplished nothing except increasing the national debt. unemployment did not go down, the GDP did not change, more people went into poverty and on food stamps.

nothing that obama has done has worked, his policies are a complete and utter failure.

Okay...but ONCE AGAIN....what can you do at the PEAK of a housing crisis????

And yeah, without stimulus it's likely the bank crashes would've just kept going, Washington Mutual and Lehman falling shows it was a chain reaction that wasn't stopping anytime soon.

 

[TooTall]

America is coming back after the worst economic disaster, created by Bush and the far right wing of the GOP, in eighty years.

No more neo-conservatism, no more free-wheeling businesses.

The economic disaster was caused by the PC liberals that insisted on punishing lending institutions if they didn't make home loans to those that could not afford to pay the mortgage. You can put the names to them.

 

[TooTall]

America is coming back after the worst economic disaster, created by Bush and the far right wing of the GOP, in eighty years.

No more neo-conservatism, no more free-wheeling businesses.

Jake, the meltdown wasn't created overnight, it wasn't just a "Bush did it" thing. The meltdown was decades in the making and cultural in its DNA. It was a massive building of torque within our financial system, fed by virtually all of us, that had to break at some point.

It was a little more complicated than something we can just blame on one specific group of people, especially to make some kind of political statement.

.

Leave Jake alone. He apparently thinks that Bill Clinton was a neo-con.

 

[TooTall]

And now.....the truth. It is not getting worse.

http://www.nytimes.com/2013/09/18/u...ate-hold-steady-census-bureau-finds.html?_r=0

Not improving quickly for average Americans, but not getting worse.

You lying sac of shit.

Tell that to the average American that just got cut back to a part time job because of the obamacare train wreck.

 

[TooTall]

.

Both parties are pointing the finger at the other for our condition, and they're both right. Our "leaders" have failed us, and neither "side" will admit it.

Nothing of substance changes until we make real and substantial changes to our broken system.

1. Balanced Budget Amendment - Instead of just printing money whenever we feel like it and crippling ourselves and our children with debt, make each party justify its taxing and spending ideas.

2. Short, Strict Term Limits - Does anyone really think that our "leaders" would behave the same way and make the same fucked up decisions if they were not worried about re-election? Really?

3. Publicly-funded Elections - Does anyone really think that our "leaders" would behave the same way and make the same fucked up decisions if they were not worried about fundraising? Really?

Either we take the power back from those who abuse it most or we can just continue to decay and point the finger at the "other guy".

.

1. The Democrats refuse to pass balanced budget amendment.

2. We already have term limits. They go by a different name called elections.

3. I would prefer a LAW that limited politicians and corporations campaigning for election or reelection to the last six months before the election.

 

[Redfish]

Okay, the stimulus was needed...but anyway.

The Dems took power in 2007...2007 was the peak of the housing crisis....what can you realistically do at the PEAK of a crisis? You can't stop it at all.

Needed? it accomplished nothing except increasing the national debt. unemployment did not go down, the GDP did not change, more people went into poverty and on food stamps.

nothing that obama has done has worked, his policies are a complete and utter failure.

Okay...but ONCE AGAIN....what can you do at the PEAK of a housing crisis????

And yeah, without stimulus it's likely the bank crashes would've just kept going, Washington Mutual and Lehman falling shows it was a chain reaction that wasn't stopping anytime soon.

liberals and rinos created the housing mess by forcing banks to give mortgages to people who could never make the payments.

those institutions should have been allowed to go through bankruptcy, so should GM and Chrysler. The govt should not be borrowing money from china to bail out failed US companies. Bankruptcy is not the end of the world. It works.

 

[JRK]

Okay, the stimulus was needed...but anyway.

The Dems took power in 2007...2007 was the peak of the housing crisis....what can you realistically do at the PEAK of a crisis? You can't stop it at all.

Needed? it accomplished nothing except increasing the national debt. unemployment did not go down, the GDP did not change, more people went into poverty and on food stamps.

nothing that obama has done has worked, his policies are a complete and utter failure.

obviouly you do not have a 401k
that event did more for the middle class than any event sense FDR, before BHO got his hands on it any-way (Fannie, Freddie, UAW, GMAC)
BTW only a small portion of tarp went to the dedt. it is hard to get an exact number but right now what W used is allmost 100% paid back
do some DD in the future
Bailout List: Banks, Auto Companies, and More | Eye on the Bailout | ProPublica
in fact if the UAW and GMAC paid us back it would be net 0
fannie and freddie owes us the most
but the way it was set up with divedens, interest, etc... we are only 54 billion short, what the UAW and GMAC owes us BTW

 

[Nyvin]

Needed? it accomplished nothing except increasing the national debt. unemployment did not go down, the GDP did not change, more people went into poverty and on food stamps.

nothing that obama has done has worked, his policies are a complete and utter failure.

Okay...but ONCE AGAIN....what can you do at the PEAK of a housing crisis????

And yeah, without stimulus it's likely the bank crashes would've just kept going, Washington Mutual and Lehman falling shows it was a chain reaction that wasn't stopping anytime soon.

liberals and rinos created the housing mess by forcing banks to give mortgages to people who could never make the payments.

those institutions should have been allowed to go through bankruptcy, so should GM and Chrysler. The govt should not be borrowing money from china to bail out failed US companies. Bankruptcy is not the end of the world. It works.

Okay, so if that's true why didn't Bush and the Republican controlled congress stop any of it while they had total power from 2003-2006?

Chrysler did go through bankruptcy.