Then why was his Treasury Secretary running around promoting bailouts and doing all sorts of other unconstitutional things?
And just why did Bush sign the bailout bills into law?
Ping to 84 and 85.
Oh, please-----he was duped by the punkneos into pimping, er, I mean, pumping, trillions of US tax dollars into Mideast hellholes. Our govt printing presses can't print the money fast enough to dump into Mideast swamps.
Those disturbed Mideast types are ignoramuses of the first order----after years and years, they still can't govern small, insignificant states (unless, of course, the US taxpayer ponies up trillions of dollars to float their failed satraps).
A sane person looking at the Mideast sees some serious obsessive-compulsive pathological behavior going on over there; the constant need for ego-boo$ting is getting somewhat tiresome. Individuals actually enjoying criticism and taking pleasure from making enemies is an UNAMBIGUOUS sign of very disturbed sociopaths.
POSTED FOR YOUR REFERENCE
November 21, 2008
The Truth About Bailouts
http://www.freerepublic.com/focus/f-news/2136323/posts
Euro Pacific Capital ^ | 11-21-08 | Peter Schiff
FR Posted on Friday, November 21, 2008 9:50:50 PM by reprobate
As the Federal bailout bonanza prepares to spread beyond the mortgage and financial sectors to fill Detroit's depleted coffers, few economic or policy analysts have spared a thought for the destitution of the U.S. government itself.
Put simply, our government doesn't have enough spare cash to bailout a lemonade stand let alone a bloated and failing industry that is losing tens of billions of dollars per month. Washington can only offer funds that it has borrowed from abroad or printed.
Unfortunately, the nation is in the grips of a delusion that money derived from these sources has the power to heal. But history has clearly shown that borrowed or printed money only has the power to destroy.
The argument that energizes the pro-Detroit camp is that the government should extend the same courtesy to the rank and file auto workers that it lavished upon the fat cats of Wall Street. While two wrongs certainly do not make a right, the fact remains that the Wall Street firms are still floundering despite the bailouts. What's worse, the money spent was either printed or borrowed from abroad. Both options are destructive to America.
When it comes to bailouts, the real discussions are not centered in Washington but rather in Beijing, Tokyo, and Riyadh. With no money of our own, our ability to bailout our own citizens is completely dependent on the world's willingness to foot the bill.
While I am sure that Bush and Paulson are doing their best to convince the world that open ended financing of the United States is in the global interest, my guess is that, unlike Congress, our foreign creditors will see through the self-serving nature of our plea. (Excerpt) Read more at europac.net ...
Nothing ? GWB administration took (increasing home ownership )credit for the resulting housing boom , and stock market boom, which turned out to be phony paper value bubbles based on debt. All the so called increase in tax revenue was based on consumer and national debt based on paper values. That is why he gets blamed, for taking credit before it goes bad. Democrats had an interest in screwing up the economy, because they knew this.
RE :”We won the war in Iraq despite the defeatists and traitors at home who did everything under the sun to make us lose it. We won because of the great leadership of President Bush and ...”
If invading Iraq was so important, so key to winning the WOT then why didn't your hero call for tax increases to fund it?? specifically. That would have been leadership. It may have lost him 2004, but instead he slid by and doomed his party for two elections. Why pass that cost on to future administrations and generations? Why expect another administration to raise taxes to pay off the Iraq debt? You give him credit for this invasion/victory but then what? You expect to sucessfully blame the next president to take the heat for funding it after the fact? And you think that will sell to voters? And if it doesn't the voters are all stupid and the MSM has them brainwashed?