On Aug 14, 10:42*am, "Robert Green"
wrote:
wrote in message news:2fe2218c-c781-44cd-8c83-

Obama added $850bil in new stimulus spending his very first year. *So,
don't put all the blame on Bush. *Here we are two and a half years after
Bush and Obama's budget is running a deficit of $1.6tril, a level never seen
in the Bush years. *Yes, there was too much spending during the Bush years,
but for some reason, that's where the libs memories end. *Obama has taken
reckless spending and borrowing to levels never seen before.

You're too smart to *really* believe what you just wrote. *"Reckless
spending?" *The economy, as handed over by Bush, was in free fall and near
collapse. *Stimulus spending, while it might seem reckless to you, cushioned
the blows delivered by Wall Street's ruthless repackaging of America's real
estate wealth into mortgage securities and selling it abroad. *Without that
"reckless spending" to help free up frozen credit we would probably be in a
deeper abyss than the first Great Depression.

Wrong again. You're confusing TARP, with Obama's stimulus.
TARP is what went to prevent the possible collapse of the financial
system and to keep banks and major businesses from failing.
It has almost ALL been repaid. The stimulus went to build airport
runways no one needs and all kinds of public works programs
that were supposed to reduce unemployment. Last I heard,
for what it produced it was yielding about one job for every
$300,000 spent.

And how long are you libs going to live in the past? It's
been over 2 1/2 years now and Obama is still runnning
a deficit of $1.6tril, an unprecedented amount. Ronald
Reagan inherited an economic mess that was argualbly
as bad. High unemployment, high inflation, high interest
rates. By this time in his presidency we were
experiencing substantial job growth, lower interest rates,
and lower inflation. In other words, his plan worked.





A point that non-libs seem to forget it that Obama had *nothing to do* with
the collapse.

Was he not a US senator hell bent on becoming president?
Since he pretends to be an economic expert now, where
was he back then? Was he making speeches warning of
the impending collapse of the mortgage markets? Of
FNMA, Freddie, which are quasi govt agencies, being
on the path to ruin? The only thing I recall him doing
was voting against the debt ceiling increase and
saying how adding debt was irresponsible.


*He simply got stuck with the thankless job of fixing the
incredible mess that under-regulated financial markets and reckless spending
wreaked on America. *Blaming him for trying to right a sinking ship is more
than a little disingenuous. *It's partisan BS taken into the stratosphere.

Not when the solution is to take spending to even more
reckless levels. Not when everything he does is anti-business.
How about how he's screwing Boeing, as an example?
They built a $2bil
plant in North Carolina to build part of the 787 they just
launched. The Obama administration is blocking them
from using it over a silly claim by a union in WA state
that using that plant constitutes retaliation by Boeing
for a strike years ago. That despite Boeing having added
substantial jobs in WA in the ensuing years.


If Reagan or even McCain were president, they'd pick
up the phone, call the head of the NLRB and tell them
they are fired. Then they would have a press
conference and give a positive message to business,
saying why they did it and how they are not going
to tolerate govt standing in the way of jobs. IF
Obama did that, the market would be up 300 points.
Instead, he has everyone hunkering down,
because they don't know what stupid thing he's
gonna pull next.




At least you sort of acknowledge that Bush spent too much on needless wars,

I never acknowledged any such thing. The war in Afghanistan
was fully justified and he would have been impeached had he
done nothing. Obama agrees, because he just upped the
anty.

Aa far as Iraq, hindsight is a convenient thing. Intelligence is
never perfect. It was never up to the US or the UN to guess
what was going on in Iraq based on spotty intelligence. It
was a specific agreement than ended Iraq's invasion
on Kuwait that called for Sadam to fully disclose what he
was doing and to give full access to the inspectors.
Up until the last minute, he did not. If it turned out he did
have WMDs and used them, then libs like you would
be calling for his impeachement, because there was
plenty of evidence that he was building WMDs.





the "junk touching" TSA agency and about a trillion in new and improved
security measures. *We've spent at least 100 times and perhaps 1000 times
the total of the actual monetary damage done on 9/11. *Would you pay $1
million in insurance premiums to protect against a $40,000 loss? *No, of
course not, but that's exactly what the US did because it was so "terrified"
by terrorists. *Bush's spending will probably go down in history as the most
wasteful expenditures ever made by the Feds. *Yet you're eager to blame
Obama for trying to clean up the mess of Bush spending trillions he/we
couldn't afford.

That's the approach of the lib pussies. I guess we should have just
sent Bin Laden a cake and let him go on training another 50,000
terrorists in Afghanistan until he had a chemical, biological, or
nuclear
weapon and used it against NYC. It;s incredible how naive you are.


We've heard your endless criticism of Obama, Chet. *Now I'd be interested in
hearing what *you* would have done, President Hayes, had you been Obama in
2008, entering office with the stock market dropping like a paralyzed
falcon, a $700 billion bill for Bush's bailout payments to Wall Street on
your desk, credit markets frozen like Antarctica in winter and major
investment banks and manufacturers staring down the barrel of bankruptcy.
It's easy to find fault - a lot easier than finding solutions.

--
Bobby G.


I would have used the TARP money that Bush had already set up.
But I would have done it differently. One example, I would have
not violated law and the US constitution by screwing the GM bond
holders and handing over the company to the unions.

I would have not gone out and attacked every American business
from Wall Street, to health insurance companies, to drug companies.
I would have set out a positive, pro-business message. I
would have had a one time exemption from corporate income
tax for US companies that brought profits from overseas
where they are sitting to avoid tax, to allow that money to
be used here for new investment. I would have allowed
immediate expensing of any capital eqpt bought in the
next two years.

I would not have appointed tax cheats like Geitner or Holder,
who arranged the pardon of MArc Rich, who was on the FBIs
most wanted list, having never been brought to justice.

I would not have burdened businesses and citizens with
Obamacare when the govt is already broke and not
working. And I most certainly would not have ****ed
away $850bil on stimulus spending.

When BP had the oil spill, I would not have shut down
offshore drilling, throwing people out of work and
raising the price of oil. I would have opened up ANWR
and every offshore drilling site possible.

I would never have allowed the federal budget to grow
40% from 2007.

I would have not said Gitmo is illegal and that I was
gonna try the mastermind of 911 in NYC. I would
have continued enhanced interrogation. And I most
certainly would not have gone around the world on
an apology tour.

That's a good start. But going back further, if I were
a US senator like Obama, I would have walked out
of that hate filled church run by Wright 20 years ago,
not sit there and listen to him spew ant-AMerican
venom.