Posted on 09/16/2008 5:24:35 AM PDT by From The Deer Stand
On the Today Show V.P. candidate Joe Biden blames the current economic crunch on John McCain's failure to take action the past few years. He also cited 8 years of a failed Republican administration, forgetting of course that things started to tumble since the do-nothing Democrats took control of Congress. Biden showed his "attack dog" mentality once again.
does this fool not remember that it is the congress and senate that make the laws and the prez only signs them into law if they are not watered down with so much pig slop....bring on the line item veto....now its mccains fault and the failed bush administration...good lord...
Franklin D. Raine
James “Jim” Johnson
Penny Pritzker
Joe Biden and Barack Obama are very fertile ground for joke making.
Don’t know whose show Biden was on but from the other room I heard him say that Mayor Bloomberg doesn’t know what he’s talking about when he says the economy is fundamentally sound.
So now we have this jackass suggesting he knows more about economics than Mayor Bloomers.
Maria Echaveste & Christopher Edley
William M. Daley
Wow, some some real non-partisan thoughtful analysis. Would not have thought it possible here on “Free Republicans”. Thank you!
Yes, both parties have their hands in the cookie jar and preach “markets” until one of their patrons gets burned, then it’s “government bailout” time.
And it is not as if “we” are really paying: we’re just increasing our kids’ indentured servitude to the Chinese
We Americans have not been paying our own way in the world for some time: the Kleptocrats gave us the rope and now we’re hanging.
Please oh please can we get some grown-ups in charge!
...stand up Chuck!
Please, don't confuse them with facts.
“On the Today Show V.P. candidate Joe Biden blames the current economic crunch on John McCain’s failure to take action the past few years”
Is he trying to PROVE his stupidity?
Couldn’t Biden have “taken action over the past few years”?????
Yes, but peel back one more layer on the onion. The voting public insists that it can vote itself money from the treasury. Short term (6-8 months) we can work through this mess. Longer term we will have to have a commitment from the average voter to allow elected leaders to stand on the brakes in the spending department. Funding Medicare, SS, wars, social spending with massive bond selling will have to stop.
The chances of that? I try not to think too much about it.
Joey, YOUR party is in charge of Congress, and YOU have been in Congress longer than McCain. This is YOUR fault. (Not really, but had to point out his hypocrisy.)
Long enough
“The voting public insists that it can vote itself money from the treasury. “
Spot on.
Worst of all, it’s our kids we are screwing...
Should we just teach them to say “Yes sir, right away sir” in Chinese now?
Chinese & others bought debt instuments/prefered shares like Lehman Brothers Holdings Inc. LEHP
52-Week High 1269.53 52-Week Low 2.00
(09/15/2008)Prior Day’s Close 3.10
They are taking it in the shorts now along with everyone else and will get pennies on the dollar. Our kids won’t be in servitude to the chinese, or anyone else. This is the proverbial catching the tiger by the tail. They let go and quit buying our debt, we will not buy their export crap.
“welcome to the hotel CALLLIFFFOORRRNIIAAAAAAAAA...” folks, give it up for the next william dung!.. oops, i mean “hung...”
=)
seacrest... OUT!
I hope you are right!
However, which position would you rather be in?: the one of owns the debt and makes all the crap the other consumes, or the one in debt to their ears who lost much of their capacity to make anything.
The right thing to do, and also a very hard one. We should in fact be running a budget surplus, with the surplus invested in gold, oil, etc. that is if we want the gov to be in the retirement business (i.e. social security). Personally I think that is a) unconstitutional b) a bad investment and c) bad policy (encourages dependence). So, for my part, cut taxes and give me the dif. BUT we must reduce the size of government and the number and intrusiveness of government regulations. I want a government that has a limited number of responsibilities and it does those things well. Meanwhile I’m not holding my breath.
Both positions are equally suicidal long term.
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