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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (52177)	7/4/2011 10:37:43 AM
From: MJ	2 Recommendations Read Replies (1) \| Respond to of 103300

Money that the banks have squandered. In the meantime with no help from Hussein, I started a small business on which I just finished paying taxes with no help from the banka or Obama. The only reason that Obama is alive is that we had one tough hombre, President George W. Bush, 2 in the White House during 2001. Now, we have Iran telling Obama to stop messing with Iraq and the nations Iran believes they can control while Obama plays footsey with the Muslim Brotherhood. mj.

To: GROUND ZERO™ who wrote (52177)	7/4/2011 10:45:08 AM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 103300

Re: "They're still blaming the economy on Bush..." Actually, I would say the problem is THREE PART: 1) The deep recession was occasioned by a global FINANCIAL COLLAPSE, (and not by a normal cyclical downturn). Recessions spawned by financial bubble/bursts are ALWAYS the worst... and, (as Rogoff's work conclusively demonstrates), average at least twice the depth and length of the 'average' business cycle recession. 2) Our tax codes have been allowed to become corrupted with massive amounts of unproductive and growth-depressing special interest loopholes and special interest provisions... all of which (taken in-toto) keep economic growth far below par. We are decades past the time the entire code should have been gutted. 3) The failure (for most of the past thirty years) to effectively combat the ever growing deficits and national debt load... we instead pretended (both the public and the politicians) that we lived in an economic fairytale land where we could have our cake and eat it too... that we could over and over again cut revenues without simultaneously cutting spending and, (like Cheney famously declared) that "deficits don't matter". Poppycock such as that leads inevitably to a state of crisis.