Economy economy economy economy

iVillage Member
Registered: 08-20-2008
Economy economy economy economy
139
Tue, 10-28-2008 - 10:54pm

economy economy economy economy. That's what this election is about.

This election is a referendum on Bush and the economy. It's about Bush, with the full backing of McCain on his tax cut, big spending budgets, expensive war in Iraq and economic policy.

So if you think things are great and that after 8 years we've got a strong economy to show for Bush and McCain's economic policy, go ahead and vote for McCain and the Republicans.

If you are like the rest of us you know what happened. Bush, McCain and the Republicans deregulated us into the worst economic mess since the Great Depression. It was a giant, free-for-all spending spree for the super rich while everyone else, including the Republican "regulators", watched. Now everyone else is paying the price for the greed and incompetence that the Republicans fostered.

So go ahead and vote Republican and reward them if you are happy with their job. Or go ahead and make lots of excuses for them if you like. Complain about all the things that happened to them rather than holding them accountable for steering our ship. You know these Republicans are out there in the life boats watching everyone else in the boat go down.

Or vote for Obama and the Democrats if you want to bring back balance, competence and fairness to our government and our society.

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iVillage Member
Registered: 09-25-2008
Sat, 11-01-2008 - 11:38pm

Here, and perhaps you can pass these along to your grandmother.


http://en.wikipedia.org/wiki/Historical_rankings_of_United_States_Presidents


George Washington, Abraham Lincoln, and Franklin D. Roosevelt are consistently ranked at the top of the lists. Often ranked just below those three are Presidents Thomas Jefferson and Theodore Roosevelt. The remaining top 10 ranks are often rounded out by James Madison, Andrew Jackson, Woodrow Wilson, Harry S. Truman and Dwight D. Eisenhower. Ronald Reagan has often scored highly in popular opinion polls, but ranks highly in only some polls of historians. The bottom ranks often include Franklin Pierce, Warren G. Harding, James Buchanan and George W. Bush. Two presidents, William Henry Harrison and James A. Garfield, died after less than six months in office, and are sometimes not ranked.


http://www.timesonline.co.uk/tol/news/world/us_and_americas/us_elections/article5055404.ece


http://www.karemar.com/blog/top-10-united-states-presidents-all-time


Those were the first three sites that popped up when I googled "Best US Presidents".

iVillage Member
Registered: 08-20-2008
Sun, 11-02-2008 - 8:19am

"No I think he hurt them. Throwing money at situations does not solve a problem. It lasted longer because of his decisions. "

I love it. Republicans of today now think that FDR did a bad job in getting us through the Great Depression fallout of a decade of excess in the Roaring 20s under, guess who, the Republicans. I think your position shows how far out on the limb of reality Republicans have crept during the past 8 years. They tried to take away Social Security. They tried to tear down this centerpiece of FDR's programs. And America rose up against them. That should tell you something.

And now, when Republicans have deregulated us into another massive breakdown the truth is we need the Democrats again. When the chips are down, the Democrats, not the Republicans, are there to protect ordinary people. Your fancy right-wing CATO article tosses around statistics like greater than 14% unemployment for years during the Great Depression as if they were just statistics. They weren't. Central Park was a massive refugee camp. People were living hand to mouth across rural America. We were on the brink. We needed the government to help us help each other, or people would die.

Like in the late 20s, the fops of today, the Fox-Republican officials and politicians, really have lost perspective of reality.

Yes, the CATO institute is a right wing group with an ideological agenda against FDR's New Deal:

"Positions


Support for Social Security Privatization
The Cato Institute has been a long-time advocate of Social Security privatization. A chief early architect of Cato's thinking on private accounts was Peter J. Ferrara. The Washington Post's Thomas Edsall wrote in February 2005: "The emergence of the center-right phalanx backing the Social Security proposal is a major victory for the Cato Institute, a prominent libertarian group. In the late 1970s and early 1980s, Cato was almost alone in its willingness to challenge the legitimacy of the existing Social Security system, a politically sacrosanct retirement program. Recognizing the wariness of other conservatives to tackle Social Security, Cato in 1983 published an article calling for privatization of the system. The article argued that companies that stand to profit from privatization -- 'the banks, insurance companies and other institutions that will gain' -- had to be brought into alliance. Second, the article called for initiation of 'guerrilla warfare against both the current Social Security system and the coalition that supports it.'"
By early 2005, business groups such as the Business Roundtable and the National Association of Manufacturers and political groups like Progress for America were devoting millions of dollars to the campaign to get rid of the existing Social Security program. It is worth noting that the website SocialSecurity.org is run by the Cato Institute, under the heading Project on Social Security Choice."

http://www.sourcewatch.org/index.php?title=Cato_Institute

Not surprisingly, this is not an organization funded by the little guy:

"In 2006 Cato raised approximately $612,000 from the following 26 corporate supporters were:
Altria (the report identifies Altria Corporate Services as the contributor)
American Petroleum Institute
Amerisure Companies
Amgen
Chicago Mercantile Exchange
Comcast Corporation
Consumer Electronic Association
Ebay Inc
ExxonMobil
FedEx Corporation
Freedom Communications
General Motors
Honda North America
Korea International Trade Association
Microsoft
National Association of Software and Service Companies
Pepco Holdings Inc.
R.J. Reynolds Tobacco Company
TimeWarner
Toyota Motor Corporation
UST Inc
Verisign
Verizon Communications
Visa USA Inc
Volkswagen of America
Wal-Mart Stores

Foundation support
The Cato Institute has been supported by:
Castle Rock Foundation (Formerly Coors Foundation)
Charles G. Koch Charitable Foundation
Earhart Foundation
JM Foundation
John M. Olin Foundation, Inc.
Claude R. Lambe Charitable Foundation
Lynde and Harry Bradley Foundation
Scaife Foundations (Sarah Mellon Scaife, Carthage)
In its 2006 annual report, Cato listed that it had received funding from 72 foundations during the year, amounting to $3,113,000 or 15% of total income. (See Cato Institute/2006 Foundation Funders for more detail)."

So can we please get real here tootired99? The fops have massively screwed up. Anyone who has a 401K or any stock holdings knows it. Anyone who owns a house and has seen their home values plummet knows it. Any small business owner trying to get credit knows it.

Can we all wake up? If we don't wake up and vote for Obama, it will be hugely risky to stick with the same folks who have been screwing up and expect different results.

iVillage Member
Registered: 08-20-2008
Sun, 11-02-2008 - 8:20am
It's telling that the Republicans now say FDR was a bad President. The Fox-Republicans are really out there. They have lost perspective of reality.
iVillage Member
Registered: 10-17-2008
Sun, 11-02-2008 - 9:01am
Quiet eh?

 

 

iVillage Member
Registered: 01-05-2008
Sun, 11-02-2008 - 9:14am

<>


The funny thing people seem to forget is that the economy goes in cycles.

 

 

Guild Member since 2009

iVillage Member
Registered: 10-07-2008
Sun, 11-02-2008 - 10:00am
We know it's about the economy!
iVillage Member
Registered: 07-03-2008
Sun, 11-02-2008 - 10:04am
You want McCain to win so he can hand out more money to HIS supporters.
iVillage Member
Registered: 08-20-2008
Sun, 11-02-2008 - 10:07am

"We know it's about the economy! That is why we don't want Obama to push us into a Depression to provide more hand outs to his supporters."

I noticed you put a mocking laughing face on this post. Is that because it is a joke? Look at where we are after 8 years of the Republicans deregulating us into this mess. And the war in Iraq is a whole nother mess the Republicans are leaving us with (why are we there again, because the reasons the Republicans said we had to go in did not exist)?

iVillage Member
Registered: 01-05-2008
Sun, 11-02-2008 - 10:21am

<>


"In June 2000, Senator Gramm co-sponsored the Commodity Futures Modernization Act, a measure aimed at deregulating certain kinds of futures trading, but not energy futures. That bill never made it to the floor, and thus quietly died. Six months later, on December 15, Gramm curiously turned up as co-sponsor of a bill with the same name, the Commodity Futures Modernization Act, which did deregulate energy futures and which, without undergoing the usual committee hearings and preliminary votes, was immediately attached as a rider to an 11,000-page appropriations bill. It passed and was signed into law by President Bill Clinton six days later. Few lawmakers had likely perused the rider carefully, if they even knew it was there. And at any rate, Enron had given to the campaigns of over 200 legislators. http://www.villagevoice.com/2002-01-15/news/phil-gramm-s-enron-favor/


"Watershed indeed. With the U.S. economy now battered by a tsunami of mortgage foreclosures, the $30-billion Bear Stearns Companies bailout and spiking food and energy prices, many congressional leaders and Wall Street analysts are questioning the wisdom of the radical deregulation launched by Gramm’s legislative package. Financial wizard Warren Buffett has labeled the risky new investment instruments Gramm unleashed “financial weapons of mass destruction.” They have fed the subprime mortgage crisis like an accelerant. While his distracted peers probably finalized their Christmas gift lists, Gramm created what Wall Street analysts now refer to as the “shadow banking system,” an industry that operates outside any government oversight, but, as witnessed by the Bear Stearns debacle, requiring rescue by taxpayers to avert a national economic catastrophe.

 

 

Guild Member since 2009

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