I'm not falling for that.... Now it's election time and he's trying to get the black folks back on his side. Heard he was out recruiting rappers, singers, and reality stars for his upcoming campaign....
The DEMON-CRATS and the REPUBLI-CONS are all on the same side....pushing the same agenda
Drucker - Wrong president and revisionist thinking: For example in 2007 3 MILLION Americans lost their homes, the worst mortgage crisis in U.S. history.
All the ducks were in play when Obama took over. From the Financial Times 1/18/2009
The same charge has been levelled at Mr Bush’s economic policies. Inheriting a budget surplus from Mr Clinton of more than $200bn, Mr Bush bequeaths Mr Obama a record-shattering $1,200bn (€905bn, £815bn) projected deficit for 2009. Following the financial meltdown last autumn, Mr Bush summarised thus: “Wall Street got drunk and left us with the hangover.”
In his defence, almost nobody anticipated the depth or scale of the crisis. The outgoing president has also won grudging plaudits for having forgone his free-market instincts last October in favour of a $700bn market intervention. Mr Bush’s lieutenants have since been heavily criticised for alleged mismanagement of the emergency bail-out funds. Many conservatives now accuse Mr Bush of being a “socialist”.
That is a bit of a stretch. But Mr Bush can be accused of having been asleep on the watch. “I tried in 2005 to persuade the administration that mortgage lending was way too lax and that we should tighten up the terms and conditions,” says Larry Lindsey, who was Mr Bush’s chief economic adviser. “I was ignored. They said: ‘Oh Larry’s always too pessimistic. Now he thinks there’s a housing bubble.’ But I would not put the blame for this mess chiefly on the Bush administration. When there’s a bubble there’s always plenty of blame to go around.”
As with the key tenets of Mr Bush’s “war on terror”, Mr Obama has pledged to dismantle much of his predecessor’s economic legacy, most notably the large-scale tax cuts that went disproportionately to wealthy Americans in 2001 and 2003. Again, however, the most pointed criticisms directed at Mr Bush’s economic policies dwell on his alleged incompetence.
Until Hank Paulson was recruited in 2006, Mr Bush’s Treasury secretaries were derided as unqualified and seen as peripheral. The same charge was levelled repeatedly at many other appointees, large numbers of whom had scant credentials for the jobs they took on. On the campaign trail, Mr Obama’s biggest applause line came when he promised to appoint “qualified people to government”. From Florida to Ohio, it had audiences on their feet.
10 comments:
You will never see Mitt Romney try that!
Romney wouldn't try that?
Check this out.
By the way, G.O.D., there's a custom setting in YouTube where you can adjust the width so your video doesn't spill over into the next column.
I know about the custom setting on youtube...I have about 170 videos on my account. Do I care if it spills over? Hell no.
It's about looking nice.
I guess...
He just sealed my vote!
I'm not falling for that.... Now it's election time and he's trying to get the black folks back on his side. Heard he was out recruiting rappers, singers, and reality stars for his upcoming campaign....
The DEMON-CRATS and the REPUBLI-CONS are all on the same side....pushing the same agenda
POWER TO THE PEOPLE!
Perhaps if he continues to sing, people will forget about how he destroyed our economy.
Drucker - wake up. Bush is no longer the President, it's 2012. The Obama Presidency has seen 22 months in a row of positive job growth.
Drucker - Wrong president and revisionist thinking:
For example in 2007 3 MILLION Americans lost their homes, the worst mortgage crisis in U.S. history.
All the ducks were in play when Obama took over. From the Financial Times 1/18/2009
The same charge has been levelled at Mr Bush’s economic policies. Inheriting a budget surplus from Mr Clinton of more than $200bn, Mr Bush bequeaths Mr Obama a record-shattering $1,200bn (€905bn, £815bn) projected deficit for 2009. Following the financial meltdown last autumn, Mr Bush summarised thus: “Wall Street got drunk and left us with the hangover.”
In his defence, almost nobody anticipated the depth or scale of the crisis. The outgoing president has also won grudging plaudits for having forgone his free-market instincts last October in favour of a $700bn market intervention. Mr Bush’s lieutenants have since been heavily criticised for alleged mismanagement of the emergency bail-out funds. Many conservatives now accuse Mr Bush of being a “socialist”.
That is a bit of a stretch. But Mr Bush can be accused of having been asleep on the watch. “I tried in 2005 to persuade the administration that mortgage lending was way too lax and that we should tighten up the terms and conditions,” says Larry Lindsey, who was Mr Bush’s chief economic adviser. “I was ignored. They said: ‘Oh Larry’s always too pessimistic. Now he thinks there’s a housing bubble.’ But I would not put the blame for this mess chiefly on the Bush administration. When there’s a bubble there’s always plenty of blame to go around.”
As with the key tenets of Mr Bush’s “war on terror”, Mr Obama has pledged to dismantle much of his predecessor’s economic legacy, most notably the large-scale tax cuts that went disproportionately to wealthy Americans in 2001 and 2003. Again, however, the most pointed criticisms directed at Mr Bush’s economic policies dwell on his alleged incompetence.
Until Hank Paulson was recruited in 2006, Mr Bush’s Treasury secretaries were derided as unqualified and seen as peripheral. The same charge was levelled repeatedly at many other appointees, large numbers of whom had scant credentials for the jobs they took on. On the campaign trail, Mr Obama’s biggest applause line came when he promised to appoint “qualified people to government”. From Florida to Ohio, it had audiences on their feet.
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