Last login: Monday, May 21, 2012
I hope he said that to keep Obama and the media from pounding him on the issue. But even so given the choice I could not pull the lever for Obama. I think Romney would at least make the attempt to rein in the runaway spending, while Obama would do quite the opposite.
These are the only two choices, we have to choose the one who will do the least damage and maybe even do some good.
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Thanks Tafoer, Obama is a rank "amateur" at picking winners and losers using other people's money, namely our money. His record on "green energy" is crony capitalism run amuck.
"Hindsight is always 20-20," Obama said in an interview with George Stephanopoulos of ABC News. "It went through the regular review process. And people felt like this (Solyndra) was a good bet." As this latest in a string of green energy flops shows, the president has quite a green energy gambling addiction.
Fact is, the administration had warnings about Solyndra from private ratings agencies such as Price Waterhouse Coopers and from the Office of Management and Budget that the deal was "not ready for prime time."
The administration also had warnings about other such companies, yet proceeded either out of ideological blindness or to reward campaign donors, such as George Kaiser, who were heavily invested in such firms."
Then there is the government takeover of student loans. This student loan business is another example of liberal, socialists spending that has....well, run amuck. It has exploded college tuitions, that always happens when demand is artificially stimulated. Many colleges have become diploma mills, cheapening the quality but not the expense of a college education. Students are now strapped with debt they cannot repay - hmmmm, I wonder who will get stuck with the bill when they default?
This country will not survive another four years of Obam-o-nomics.
An eye opener EA.....really? Gee whiz I'm going to uncork a bottle this is cause for some kind of celebration. I might even organize a parade and get you the keys to the city, maybe I'll make a proclamation declaring this Edith Ann day for now and evermore - what else? I need to think, oh yeah free food stamps for everyone.
I think that is the right approach. He is going to have to slowly unwind the government spending that Obama has put in place. All the spending that Obama has done has gone to expanding the government under the pretense of "income redistribution."
The result is we have more people on food stamps, more people needing support, more people dependent on the government. All that spending could have been used to improve and expand our infrastructure, but nah it was all poured down a rat hole.
A trillion dollars is about the size of the student loan debt and if you haven't noticed there are still billions in bad loans being made by F&F and credit unions that have little regulatory over sight. J. P. Morgan BTW did not lose any money belonging to depositors - they lost their own money not a crime, at least not yet.
He has sworn to reduce spending at least he's not for increasing it like Obama is. I think and hope he will get the government out of participating in the market place. Yes Republicans are for some of that too - ag subsidies, corn to ethanol, etc. Obama has doubled down on doing that - that is the road to perdition.
Our current financial woes were caused by the government getting involved in the mortgage business and then in the subprime business. We are not headed in the right direction we are headed for a train wreck and a lot of long term suffering for everyone particularly the poor.
A country cannot sustain itself with everyone dependent on the government - it's that simple and I am pretty sure Romney understands that, I sure hope he does. I know for sure Obama doesn't.
He, I'm sorry to say is the only other viable choice. We are headed for certain ruin if Obama gets elected again. With Romney there's at least a chance maybe a good chance we won't end up like Greece or worse.
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Oh, OK Vet, you have a good Memorial Day too. And for those who gave the last full measure.....
About 400 billion of the TARP funds spent by Bush in 2008 was paid back to Obuma in 2010, 2011, which was spent by Obuma. Actually it reduced the amount of funds the government had to borrow in those years. So Bush's spending should be decreased by that amount.
It reduced Obuma's deficits for those years - Bush's deficits should also be smaller and Obuma's larger by that same amount. To even think that Obuma has reduced spending is laughable.
It reminds me of the slogans "WAR IS PEACE, FREEDOM IS SLAVERY, and IGNORANCE IS STRENGTH" - from George Orwell's "1984." To that we can add "SPENDING IS SAVING and WE NEED TO SPEND OUR WAY OUT OF DEBT" brings real tears to my eyes and not from laughing.
I had a talk with Craig James at a town hall meeting - I was impressed. He seems sincere and dedicated to turning this country around. I'll admit he is a long shot but he is a good man, and a leader.