tag:blogger.com,1999:blog-37248244.post3569753734894480180..comments2024-03-08T05:08:55.233-05:00Comments on EYE ON MIAMI: Reaping the whirlwind: GOP nosedives US economy ... by gimleteyeGeniusofdespairhttp://www.blogger.com/profile/01105559930040615945noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-37248244.post-30272827565171528322011-07-12T08:20:35.592-04:002011-07-12T08:20:35.592-04:00David, don't be a dope. Plenty of Republicans...David, don't be a dope. Plenty of Republicans voted for TARP: <br /><br />TARP isn't actually legislation, it's a program that was enacted by Public Law 110-343, or H.R. 1424.<br /><br />In the House, H.R. 1424 passed with the following breakdown of votes:<br />Democratic 172 Yea; 63 Nay<br />Republican 91 Yea; 108 Nay<br />Total - 263 Yea; 171 Nay<br /><br />In the Senate, H.R. 1424Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37248244.post-66300840420301166312011-07-11T22:17:49.380-04:002011-07-11T22:17:49.380-04:00We needed to reinstate Sarbanes Oxley. We need to ...We needed to reinstate Sarbanes Oxley. We need to give states back authority of regulating mortgage industries and create, at best, regional banks. <br /><br />Then we need to move on to realize that when we defund R and D, invest off shore instead of on and foolishly think that we can keep on with Asia the way we have, there are larger issues than personal share-holder wealth that you have to Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37248244.post-84648388764974872412011-07-11T21:44:16.191-04:002011-07-11T21:44:16.191-04:00This is how the Dems play ball:
When TARP (a bill...This is how the Dems play ball:<br /><br />When TARP (a bill written by Democrats that not a single Republican voted for)was passed, it contained a provision to extend the depreciation allowed on corporate jets from five to seven years. Written by Dems...passed by Dems...not one Republican vote. 100% Dems.<br /><br />Now the president and his shills are citing Republicans as being more concerned Davidhttps://www.blogger.com/profile/14767963711266343150noreply@blogger.comtag:blogger.com,1999:blog-37248244.post-7452776341169625732011-07-11T19:44:11.911-04:002011-07-11T19:44:11.911-04:00Gimleteye...
As a former Republican (I switched to...Gimleteye...<br />As a former Republican (I switched to independent the day GW got on a plane to sign a bill during the Schiavo thing and have never voted GOP since)....<br /><br />I agree with every thing you posted... However I believe the selling out of our country to the banksters is equally distributed on both sides of the aisle. Obama who I voted for has only capitulated to the same Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37248244.post-30651482816608119442011-07-11T15:58:43.643-04:002011-07-11T15:58:43.643-04:00You raise an interesting question regarding what s...You raise an interesting question regarding what should Obama have done. First, he should have taken a close look at what Bush did with regard to bailing out the banks. I think he could have used a "Resolution Trust Corp" model, rather than perpetuate the Bush administration's bailouts.<br /><br />Second, he could have avoided the politically tempting stimulus program. We all Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37248244.post-84146633685921667252011-07-11T15:30:54.868-04:002011-07-11T15:30:54.868-04:00Perhaps then my Republican friends agree with me t...Perhaps then my Republican friends agree with me that the Wall Street banksters should have been sent packing, if not to jail, then at least to severely reduced pay packages from 2008 onwards; say, the equivalent of high school teachers? I too fault Obama for not pinning blame for the economic catastrophe he inherited, instead of relying on the same talent from Goldman Sachs, whose top executivesGimleteyehttps://www.blogger.com/profile/05730237496093952571noreply@blogger.comtag:blogger.com,1999:blog-37248244.post-32286424204740084502011-07-11T10:09:37.254-04:002011-07-11T10:09:37.254-04:00The Democrats have not passed a budget in the Sena...The Democrats have not passed a budget in the Senate. One would at least hope that we could adopt a spending plan but no, the easier strategy is to create an election issue.<br /><br />Mr. Obama's spending in office makes Reagan's and Bush II's look like minor variances. Trillion dollar annual deficits are now the norm - totally unsustainable and repugnant.<br /><br />As a Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37248244.post-43945186877741282122011-07-11T08:06:09.706-04:002011-07-11T08:06:09.706-04:00While the GOP deservedly should get skewered, the ...While the GOP deservedly should get skewered, the party on the other side of the aisle has been just as bad. <br /><br />Some interesting facts...<br /><br />http://www.zerohedge.com/article/several-inconvenient-truths-about-debt-ceiling-and-deficit-reduction<br /><br />Some good analysis....<br /><br />http://www.huffingtonpost.com/janet-tavakoli/third-world-america-drown_b_883782.htmlAnonymousnoreply@blogger.com