Readers Write: Food For Thought

Political Food For Thought

A Different Take on the Financial Crisis

I don’t usually repost stuff from other sites or emails, but with so many political messages being passed around I figured I would look for something different. This was passed on to me by a friend and it offers a different view. I’m not sure I agree with it 100%, but there are some good points here and certainly things to consider.

Unknown Writes:

Food for analysis and thought!
I don’t care if you are a democrat or republican, many people cannot understand what has happened to the economy and many blame President Bush, but just as in the last e-mail I sent you the stated the President cannot do anything without the support/approval of Congress. Including going to war!
George Bush has been in office for 7 and1/2 years. The first six the economy was fine.
A little over a year ago:
• Consumer confidence stood at a 2 1/2 year high
• Regular gas was $2.19 a gallon
• the unemployment rate was 4.5 percent (almost full employment)
• the Dow Jones hit a record 14,000+ and this was in 2007( Actually I thought it was 13,000 and change, but close enough, never any higher under Clinton)
• American’s were buying new cars, taking cruises, vacations overseas, living large! (Just like the Clinton years)
But America wanted “change!” so, in 2006 they voted in a Democratic Congress and yes we got “change” all right . In the Past Year:
• Consumer confidence has plummeted
• Gasoline has been over $4 a gallon (Now declining for what reason I don’t think we know)
• Unemployment is up to 5.5 % (a 10% increase)
• American’s have seen their home equity drop by $12 trillion dollars and still dropping
• 1% of American homes are in foreclosure
• As this gentleman writes he says the Dow is probing another low (this was before yesterday) $2.5 trillion has evaporated from their stocks, bonds and mutual fund investment portfolios!
Yes in 2006 America voted for change…and we sure got it!
Remember that the president has no control over any of these issues, only Congress. What has Congress done in the last two years, absolutely nothing! Now the democratic nominee for president claims he is going to give us change along with a Democratic Congress!!!! Just how much more change do you think we can stand?
We don’t want four more years of George Bush? How about four years of the perfect storm? How are things working out here under the present governor of Massachusetts? You tell me who you want to lead this country. Barack Obama wants to add to the Capital Gains Tax, how can you tax something that isn’t there?

One more thing from another poster Matt Scofield who said after hearing an interview between MSNBC Anchor Scarborough and Obama spokesman Gibbs (didn’t give their first names sorry! ) was.
“There’s only one man in Chicago’s Left Wing political circles who didn’t know William Ayers was a former Weatherman bomber, and he is running for president, funny, that.”

I don’t think it’s funny I think it should be impossible! I rest my case! Oh and by the way the American people along with Congess have to bare some of the burden for this fiasco themselves! Yes including me.

OK there is a lot here and like I said, I don’t buy all of it. It is certainly true that things have come to a head since the last Congressional election. I think we all know why Barney Frank and Chris Dodd were SO gung-ho to pass the Bush bailout plan. The last thing they wanted was for anyone to take a long hard look at what was really going on. That isn’t a Dem or Rep thing. That is Congress looking out for Congress. CYI at it’s worst. (Possibly even worse than the partisan politics at play.)
The economic stuff is solid on the numbers and though I won’t point the finger squarely at one side in this I do wonder why Bush is at fault but Frank, Dodd and members of congress who at BEST did nothing in the last two years to fix the problem should go free. That includes Obama who is up to his ass in Fannie/Freddie stink and McCain. The latter at least tried to warn us, but if things were THIS bad then John gets dinged for not doing MORE. Perhaps if both men (And Clinton, Biden, Kusinich and others running for President) had done less campaigning and spent some doing the jobs they were elected to do, we wouldn’t be in the mess in the first place.
Ayers is another matter altogether. I’m actually writing a piece on why he matters and it’s not what you might think. I tend to think that Ayres (A fucking scumbag by the way, who should be in jail or dead like that stupid fuck McVeigh) is more of an America problem than an Obama problem. I don’t like the fact that Obama keeps lying about his ties to Ayres despite growing evidence that they are much closer than most people find comfortable, but I understand why he wants to minimize exposure now.
So take this as food for thought. I don’t buy all of it, but it is worth thinking about.

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