[advance_copy]

The Bush-McCain-Paulson-Obama bailout sucked!

Added a little note to your true statement. Obama's job-killing porkulus & health care reform sucks worse. And that takes some serious effort.

[mulligan]

And add even a bit more to Bush and Obama. It goes back to 1913 with the creation of the Fed. Really got bad during the Hoover/FDR era. Government started the mantra, do not worry, Uncle will take care of you from birth to death. Each following administration contributed just a little more and with that we lost a little more of our freedom and individual responsibility. Government and Congress went on spending spree's, resulting in a huge national debt. And with this deficit spending created inflation, resulting in the devaluation of our earnings and savings. Thus we have arrived at our current bankrupt status. Basic cause of this mess, a bloated and greedy government managed by ignorant, self-serving, incompetent and lying politicians.

[Ghost of Philip Marlowe]

Very true.

In this regard, Obammie the Commie is more like FDR than most are aware.

Hoover tried to inflate and centrally manage his way out of a fairly mild recession. It created a bubble, as it always does.

FDR ridiculed Hoover’s policies, made “Hoovervilles” the centerpiece of his campaign, and won the election.

He then adopted all of Hoover’s economic policies but put them on steroids, causing the Great Depression.

In all of this, Obammie the Commie has followed FDR down the same destructive path.

The difference this time around, though:
1. We no longer have the manufacturing capacity to “produce” our way out of this depression.
2. We no longer have the credit rating needed to “borrow” our way out of this depression, which never works anyway but rather makes the hangover all that much worse.
3. Our dollar no longer has the reputation that it once had and the world is trying to move away from it.

Anyone with a basic understanding of economics and history cannot honestly conclude that either those currently in charge (and those pulling their strings) are either the dumbest cadre of dunces any government has ever seen or that they are all causing the destruction of the American economy deliberately.