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One critical factor of the meltdown and bailout

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whosinpower Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 10:05 AM
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One critical factor of the meltdown and bailout
The great GOP God Reagan often touted that deficits do not matter.......

And this belief was further pushed by the current Bush Administration with their taxcuts, their war, their blatent disregard for anything resembling regulations.......

Deficits DO matter when overall confidence in the American dollar and economy are in play.

Stick that in your pipe GOP.
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Booster Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 10:13 AM
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1. The GOP has been wrong about just about everything.
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lib2DaBone Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 10:48 AM
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2. This Bill gives Unprecedented power to The Treas Secy....
For instance.. I hate to bring this up.. but this Bailout Bill will allow Foreclosing Banks to use a private police force to evict homeowners.. as long as it is OK'd by Paulson. Can you imagine Blackwater showing up at your door in full battle dress? And there is not a thing you can do... because you VOTED for this bill. They are going to out source billions of dollars in this bill and make the Bankster/Gangsters even richer.
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Lex Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-29-08 10:49 AM
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3. when we had a surplus when Clinton was leaving office, the markets
seemed very happy and stable, no?

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