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To: Lizzie Tudor who wrote (100905)	1/19/2008 11:58:54 PM
From: David Bogdanoff	Respond to of 306849

Perversely, the Bush administration's spending was not directed to items supported by public opinion. Think stem cell research. Think school funding. The school funding was so inadequate that it was not possible to fund the changes required by no-child-left-behind, so numerous states revolted and tried to back out of the program. Think FDA food inspections, which has been defunded by Bush. Does the public wants less government interference in the food and drug supply? Not at the cost of contaminated food and drugs. I could go on and on, but you get the idea. Sort of like democracy in reverse. This sort of thing can give government spending a bad name. One might suspect that Bush was not elected by a majority of the people. jmo. Bogtalk p.s. it was not just the Bush team; a lot of congressional Republican's help was part of the equation.

To: Lizzie Tudor who wrote (100905)	1/20/2008 6:47:21 AM
From: stomper	Respond to of 306849

Don't you think that is just the nature of the Beast anymore? I am convinced there is no such thing as fiscal conservatism anymore throughout the Republican party. It really is just a government of Republicrats. "Vote for us, we'll kill you with taxes, fear and war." "Don't vote for them, they'll kill you with taxes, fear and war...vote for us, we'll kill you with more taxes, more fear and more war. But as a bonus, we'll add in spirit-crushing dependence upon a Socialistic state!" Looking at the two parties, all I seeing is lighter shades of pale. -dave

To: Lizzie Tudor who wrote (100905)	1/20/2008 5:10:20 PM
From: lifeisgood	Read Replies (2) \| Respond to of 306849

Hopefully you are correct, but this didn't happen with the Bush team. They spent and spent and spent with no restraint, on all they could for years. Having nothing to do with election promises. It was just spending for spending's sake. It did happen with the Bush team the last time there was a recession and the market plummeted (around 50%) as a result. The S&P fell from around 1520 to around 775. I expect the same this time around, perhaps even worse since the last recession was "mild" by historical standards and this one may well not be. best... LIG