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Democrats Are Wrecking the Economy [Where are Democrats Better? One Example Anyone?]
Newsmax ^ | January 22, 2008 | Lowell Ponte

Posted on 09/27/2008 6:16:42 AM PDT by Son House

The coming $2 trillion Democratic tax increase is making that decision for them in a United States that already has among the highest business taxes on the planet.

The more that Americans fear losing their jobs and facing economic bad times, the more they can be bamboozled into voting for Democrats — who, in fact, are the biggest cause of the economic problems people fear.

The mere existence of this socialist political party puts a drag on our economy because investors must always hedge defensively against a Democratic takeover of the government.

The Clintons wantonly squandered this gigantic one-time historic windfall on a splurge that fattened government.

They diverted huge cuts in America’s national defense budget to bankroll more government spending . . . wasting money that should instead have been returned to American families in the form of massive permanent tax cuts.

And in their rush to neuter our intelligence agencies and American military Clintons left America nearly blind and defenseless against new threats such as Islamist terrorism.

Republican lawmakers were giving confidence to world markets by blocking the Clintons’ socialist schemes.

Democrats know that the ruling mainstream media such as The New York Times, heavily infiltrated over decades by leftists, will continue to slant the news in their favor and blame Republicans for all economic problems.

As libertarians have long said about the Democratic Party strategy, “They break your legs and then offer you a crutch.” Big government taxes away so much of what you earn that you cannot save for your old age, then offers to make you dependent on socialist security.

Liberal politicians strong-armed banks into lending to credit-unworthy Democratic constituents. Now, with these borrowers defaulting on billions in mortgages, these politicians call banks “predatory” for loans they forced banks to make.

(Excerpt) Read more at newsmax.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: democrats; economicpolicy; economy; financialcrisis; ponte; wrecking
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Great article, what a surprise, sorry I had to 'excerpt' it down so much because there is so much real information not present in the main stream media, the author even pins them down on

"strong-armed banks into lending to credit-unworthy Democratic constituents. Now, with these borrowers defaulting on billions in mortgages"

but, this is a challenge to find one thing where Democrats are better on the Economy? Well, all the polls say so, but there's no evidence.

1 posted on 09/27/2008 6:16:43 AM PDT by Son House
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To: Son House

Here is the video that digs to the root of many of the problems...
http://www.youtube.com/watch?v=_MGT_cSi7Rs


2 posted on 09/27/2008 6:17:55 AM PDT by Notasoccermom (.)
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To: Notasoccermom

Sadly, they don’t have to actually be better, but only “perceived” to be better. They are for the “working man”, you know? /s


3 posted on 09/27/2008 6:19:24 AM PDT by Comparative Advantage
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To: Son House

There are two kinds of people. One kind wants the government to give them something or control something. That would be democrats. The other kind wants the government to just go away and leave them alone. That would be republicans. The problem is that in order to give something to the democrats the government has to take from the republicans.


4 posted on 09/27/2008 6:22:59 AM PDT by screaminsunshine
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To: Son House

Dems ruin economies. Just look at Michigan. However, unaffiliated voters go by perception, whether true or not. When things go bad (i.e natural disasters, bad economies, war), people blame the incumbent party. Since the stock market woes are happening under Bush, people naturally blame the GOP.


5 posted on 09/27/2008 6:23:06 AM PDT by yongin (Don't get mad at MSM smears. Do GOTV work for Palin)
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To: Notasoccermom

Thanks, some reality on the ‘Economy’ would be good, being the main stream media offers none


6 posted on 09/27/2008 6:24:46 AM PDT by Son House (Palin, Has The Left Press Wailing! [MSNBC, ABC, CBS, CNN, New York Times,...])
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To: screaminsunshine

ones who want to work, and ones who are willing to wait for a government handout


7 posted on 09/27/2008 6:26:14 AM PDT by Son House (Palin, Has The Left Press Wailing! [MSNBC, ABC, CBS, CNN, New York Times,...])
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To: Son House

I’m glad you posted this. I’ve noticed statements in the last few weeks that said the economy is a strong issue for Democrats. I honestly didn’t know that and have been confused by the statement. What have they done? Even when I was Democrat, I always thought the Republicans were stronger on the economy.


8 posted on 09/27/2008 6:28:12 AM PDT by Sisku Hanne (The day begins and ends in Alaska.)
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To: Son House

Right. The government has no money unless we let them take it. I think it may be time for a TAX REVOLT! All in favor say AYE!


9 posted on 09/27/2008 6:29:51 AM PDT by screaminsunshine
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To: Son House
Let us not forget that the demorats had the chance to help add more oil to the market, but will not let us drill oil.

Let us not forget that the environmentalist of the demoratic party ran our jobs overseas.

But somehow the Right is to blame.

I say EARTH FIRST! We will drill for oil on other planets later.

10 posted on 09/27/2008 6:31:49 AM PDT by do the dhue (They've got us surrounded again. The poor bastards. General Creighton Abrams)
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To: Notasoccermom

This utube video says it all, e mail it to everyone you know and suggest they e mail it to all they know, lets chain letter it. America needs to know who are the culprits and how deep this really goes. They are obstructionsists to criminal behavior are the democrates!


11 posted on 09/27/2008 6:35:43 AM PDT by ronnie raygun (IF YOU ARE NOT CONSERVATIVE BY 35 YOU HAVE NO BRAIN. W CHURCHILL)
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To: Son House

Crickets


12 posted on 09/27/2008 6:41:47 AM PDT by CRBDeuce (an armed society is a polite society)
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To: Son House

Yes great article but if the people don’t hear it or understand it quite frankly it doesn’t matter. The GOP does a poor job of explaining it.


13 posted on 09/27/2008 6:42:11 AM PDT by Archon of the East (Universal Executive Power of the Law of Nature)
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To: Sisku Hanne

Some elected Republicans are still dropping the ball when it comes to a fiscally conservative economic message, I admit to being more than a little frustrated with the illogical idea that Democrats are good for the economy, and the main stream media tries to hide the facts by using polling


14 posted on 09/27/2008 6:45:33 AM PDT by Son House (Palin, Has The Left Press Wailing! [MSNBC, ABC, CBS, CNN, New York Times,...])
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To: Comparative Advantage

The Democrats are perceived to be stronger on the economy because public schools do not teach economics, or if they do, they only teach checkbook economics (i.e. no theory). If they did, of course, it would be as skewed to the left as history. But at least the names of a few great men, like Smith and Friedman, would leak through.

Speaking of history, I defy anyone to find a textbook that doesn’t blame the Great Depression on “market excesses” and the gap between rich and poor. They don’t even attempt to explain business cycles from a Keynesian point of view; they say something along the lines of, “Big business made too much, and the masses couldn’t afford it.” (On second thought, that’s pretty much Keynes’ theory.) I also defy anyone to find a textbook that points out that FDR’s New Deal was basically an extension of Hoover’s program. (After FDR had campaigned repudiating the Hoover administration and promising balanced budgets!). And how many of them demonstrate that the economy, slowly rising from the trough in ‘32-’33, actually got worse in ‘37-’38 (not as bad as ‘32-’33, but pretty damn bad?

How can Republicans possibly compete with all that? Most of them believe it themselves.


15 posted on 09/27/2008 6:45:43 AM PDT by Tublecane
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To: Tublecane

And how many of them demonstrate that the economy, slowly rising from the trough in ‘32-’33, actually got worse in ‘37-’38 (not as bad as ‘32-’33, but pretty damn bad?

point


16 posted on 09/27/2008 6:53:49 AM PDT by Son House (Palin, Has The Left Press Wailing! [MSNBC, ABC, CBS, CNN, New York Times,...])
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To: screaminsunshine

“There are two kinds of people. One kind wants the government to give them something or control something. That would be democrats. The other kind wants the government to just go away and leave them alone. That would be republicans.”

Actually that isn’t true. There are three kinds of people. Conservatives, Liberals and Moderates. Democrat and Republican are just labels which lost their meaning in 1980.

That is why you have a Zell Miller on one side and a Chuck Hagel on the other.


17 posted on 09/27/2008 6:58:30 AM PDT by EQAndyBuzz (McCain/Palin 2008)
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To: Son House

seriously everyone needs to see this video...

http://www.youtube.com/watch?v=_MGT_cSi7Rs


18 posted on 09/27/2008 7:08:53 AM PDT by sasafras (Diversity Programs = Mandated Racism)
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To: Tublecane

Back in the 80s, I wrote a college term paper arguing that FDR’s economic policies actually prolonged the depression, Of course, it wasn’t until WWII that we finally got out of it though a war economy. It was well researched and footnoted. Grade=D. The prof was in love with FDR. So, even if one understands economics and/or history, the student who challenges the Left will be slammed. In many ways, the war has been lost. The Left dominates the media, entertainment, education and, to some extent, the corporate community. There isn’t much left.


19 posted on 09/27/2008 7:13:38 AM PDT by Comparative Advantage
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To: screaminsunshine

The coming $2 trillion Democratic tax increase is making that decision for them...
AYE!
You are exactly right! The Feds may ‘ask’ for more money by raising our taxes, but it is up to us to ‘allow’ them access. (I haven’t had a vacation from my small business in 7 years! Raise my taxes and that would be my ‘incentive’ to take a looonnnggg one! )


20 posted on 09/27/2008 7:26:02 AM PDT by griswold3
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