This Is What Happens When You Let Republicans Run The Goverment

[Peacetrain]

Bush 1
The Savings and Loan Scandal Bail Out..that turned out being bigger then the debt at that time.

Bush 2
The Mortgage Crisis Bail Out..

The Prescription Act, that does not allow for competition for cheaper prices. (this will make
the needs of Social Security which is funded, look like a cake walk)

Do we really want McCain/Palin to continue this train wreck? If we do not dig down and get the Democrats in there to at least stop the bleeding, we are going to become a banana republic with nukes.

This is just the tip of the economic malfeasances that is endemic in republican polices.

Feel free to add to the list!

[BOSSHOG]

1. The GOP plan is brilliant (in light of their stupid base)

They tell the faithful - "Government does not work, put us in charge and we will prove it." Then, they make their point and turn to the stupid four years later with proof and get reelected.

how bout the trick accounting where money spent in Iraq is not added to the national deficit? Cute trick huh??

[aint_no_life_nowhere]

2. The Bush administration refused to regulate hedge funds

stating that the industry could regulate itself, as long as they followed non-binding principles (i.e. faith-based oversight). And then the housing crisis hit.

http://www.nytimes.com/2007/02/23/business/23hedge.html?_r=1&scp=7&sq=bush+hedge+funds&st=nyt&oref=slogin

New York Times, February 23, 2007

WASHINGTON, Feb. 22 — The Bush administration said Thursday that there was no need for greater government oversight of the rapidly growing hedge fund industry and other private investment groups to protect the nation’s financial system.

Instead, the administration, in an agreement it reached with the independent regulatory agencies, announced that investors, hedge fund companies and their lenders could adequately take care of themselves by adhering to a set of nonbinding principles. (...)