Quote from Thunderdog:
Yes, LeCrum, you tell Volcker and the other members of Obama's economic advisory panel that they are no match for you and your community college credentials.
http://www.reuters.com/article/topNews/idUSTRE5152L720090206
Quote from Thunderdog:
Yes, LeCrum, you tell Volcker and the other members of Obama's economic advisory panel that they are no match for you and your community college credentials.
http://www.reuters.com/article/topNews/idUSTRE5152L720090206
As an ideologue, I see that you missed the point entirely. In addition to Bush's irresponsible spending coupled with inappropriate tax cuts, he allowed the financial system to leverage itself into the stratosphere. He should have listened to Buffett's warning of financial weapons of mass destruction (unregulated derivatives) and he should have listened to Clinton's outgoing administration's dire warning of an imminent attack by bin Laden, possibly using aircraft. Instead, the Bush administration remained inert and allowed one catastrophe after another, one physical the other financial, only waking up after the fact to speak into the bullhorn. And now you wish to pin the blame on the guy who's trying to clean up both messes? Do you really not understand the scope of the leverage and, therefore, damage caused by the unregulated derivatives to the overall financial system and, therefore, potentially to national security? The participation in unregulated credit default swaps that caused so many "sophisticated" institutional investors to buy securitized junk mortgage instruments, believing they were fully insured against losses, thereby loading up to the hilt? Are you really that fucking stupid?Quote from fhl:
"Pelosi and Reid called Bush's budgets "dangerous" and "unpatriotic," .... but now with Obama we're already stuck with a deficit of nearly a trillion dollars"---dcexaminer.com
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Quote from Thunderdog:
And then there's the Bush administration's cutting of flood-control funding "to pay for the war in Iraq" before Katrina struck. Gee, how did Bush get to be so unlucky?
http://www.factcheck.org/article344.html
Quote from Thunderdog:
That's pretty much all you got, isn't it, LeCrum?