The recession started in dec 2007 and was created by a lack of oversite and good regulation. There is no doubt in any sane persons mind which party fought for deregulations for decades and then sat back and watched their IDEAS crash the world economy instead of taking the nessesary actions to avert or minimise the damage. WHEN will you face the fact that it is the Republican economic tenents thwat caused this mess?
yes, and the Dems controlled BOTH houses of Congress at that time. The lack of oversight AGAIN is due to BOTH parties REPEALING GLASS STEAGALL. NEITHER party did ANYTHING since the repeal to reign in the reckless endeavors of wall street and fannie and freddie. IN FACT... your own BARNIE FRANK told us fannie and freddie weren't taking on too much risk. He told us that in 2005... right before the implosion.
When will YOU face the fact that your idiotic notion that it is just Republicans who have supported deregulation? It was BOTH FUCKING PARTIES you half wit.
Nope the decline was set in motion by the CEOs of the industries corps who took this freedom and FUCKED the entire world with their GREED.Bush and team REFUSED to face this fact and allowed the FUCKING to continue to Up their economic numbers.If they had acted in the best interest of the American people they would have pissed off their base and would have not seen a second term. Clinton was an asshole for trusting the industry not to fuck us but Bush gets the blame for standing by and allowing his constituients to stuff their pockets full of cash while we were raped. You cant have it both ways. You cant talk dems into believing the partys tenents and then BLAME only the dems who were stupid or BOUGHT enough to back you ideas when they fail. Yes EVERY fucking dem who bought this REPUBLICAN idea was either bought, stupid or both
LMFAO.... you have got to be kidding. Tell us Desh... would these greedy CEO's/corps have been able to do what they did had the politicians NOT repealed Glass Steagall and if the politicians had not removed the uptick rule?
You are a fucking idiot if you think they would have. Thus, what set it in motion was when the POLITICIANS repealed Glass Steagall.
3) And many of them are needed programs unlike the WARS that Bush caused with his inability to keep this country safe from attack and did merely for corporate gain. Do you think any republicans are planing to fund them or cut them while in office? The facts are the republican party of the last 30 years have been economic assholes. The dems have been far better. The tea baggers would do the same damn thing the Rs would do.
Sorry Desh... the FACT is... you do not get to pick and choose which UNPAID liabilities are justified. IF WE DO NOT PAY FOR THEM... FUTURE GENERATIONS HAVE TO. PERIOD.
and no... the Dems have not been better. The best period of time was when the REPS controlled Congress in the late 1990s. CONGRESS passes the budgets Desh. Not the President.
That said, the Reps most certainly were horrid under Bush. But the Dem led Congress since then has been far far worse.
If anyone truely cares about the US economy they would be better off voting democratic in all elections right up until the time that the Corps then buy enough dems to have their bidding done. At that point you guys better have your shit together and some knew ideas that actually work if you want to save this country. EVERY minute people back this current R party or their even worse splinter groups like the tea baggers we step closer to the tipping point of democratic buyout. Im begging you people to get some new ideas that work and quit backing the failed ideas of your past.
You continue with your tired mantra of 'your failed ideas of the past'... yet it is the meddling of the politicians that CAUSED this mess.
Had they not sold out the American public by repealing Glass Steagall, we would not be in the mess we are in today.
Had they not run up our nations debt every year since 1960, we would not be in the mess we are in today.
Had they not run up countless trillions in unfunded liabilities by promising the world to their constituents even though they KNOW we cannot pay for it all, we would not be in the mess we are in today.
Bottom line... your partisan hackery will never allow you to see the glaring faults within your party. You are no better than those on the far right who think it is all the fault of the Dems.