I have always been taught to tell the truth however painful it is! I can say without a doubt the economy is not Obama's fault! It is, however, the fault of many. When Harry Reid and company took over Congress, Bush needed them to pass war funding, which they opposed. They agreed to fund it once again if the Republicans loosened the regulations on loan making, so the poor could afford homes. Very noble indeed, but if they would have followed through and paid attention to what Fannie May and Freddie Mack were doing, they would have known of the doom that awaited our economy. George Bush, 3 years ago told the American public of the doom and the Democratic led Congress must apply sweeping changes to the system. No one listened, except John McCain one year later said the same thing and the Democrats blew him off.
I could blame Bush for running the war so badly that he had to accept the Democrats loosening idea. I could blame Harry Reid and company for suggesting it in the first place, but of course they were wise, because of what they did Obama is in the White House. I blame them all for what has happened!
You would think they would feel bad for people losing their retirements and would give up their lavish retirements and healthcare so that they might know what we feel like, but no they will of course vote themselves a raise instead. By they way, Congress has their own retirement system with free health care. If they only serve one term they can start drawing their retirement as soon as they are done. For a 4-year job they receive around $30K a year for the rest of their lives and free healthcare. That isn’t a huge amount, but when you consider that some of them have been in for many terms it is huge! Strom Thurman’s wife and children will receive his benefits, which is over a million a year. Now you can see why our retirement problems don't bother them. Neither side sees it an issue they want to fix. They would have to lose some of their tax money to spend on their brother-in-laws businesses. Remember the $300 hammers.
Saturday, March 7, 2009
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