Forgot your password?
Type your email address below and click the sign up button to create an account.
Several years ago, at the instigation of a son in law, I computed that one could build the U.S. from where the pilgrims found it at Plymouth Rock to then - 2003 - for seventeen trillion dollars. I've tried, and for some time been developing a webpage, to find ways to help the average guy understand what a trillion dollars is. Seventeen trillion dollars happens to be about what we have spent on the military since World War Two.That anyone can expect that we will recover from expenditures like the "bailout" of all the money-changers who have stolen the money from working men and women is absurd both mathematically and logically. It is out of the question. Yet, here we are arguing about which supposed political party is responsible. Are you kidding?! Talk about absurd! Talking about "bailout" is bad enough; that anyone believes the political parties are real and contending with one another against the interests of the military industrial complex Eisenhower warned of, or that the voter has any control over his money or country, is over the top psychotic. GOOD GRIEF! I have published on my website, by the way, actual mathematics concerning what the "bailout" means for the individual U.S. citizen. It isn't pretty.
You are absolutely right! However, Republicans in the House could have killed the bailout but caved. And it was a Republican Congress under George Bush (with the help, I'm sure, of lots of my fellow Democrats) that got us into the borrow and spend mode that gave us the $3 trillion debt. As I recall, Bush had the power of veto. I was really counting on the Republicans on the bailout deal. That got me absolutely nowhere.
Pat, the only thing I can say about your comment was that you must have been turning a blind ear, for example one of the high profile persons speaking about our government under the Bush Administration spending to much money has been our own Congressman Ron Paul. Pat, have you considered the fact that Congress holds the "purse strings " in the United States, not the President. And the last time I looked it was Nancy and Harry pushing the bail out.
Oh, yeah. And who was responsible for the bank and Wall Street bailouts? No one but the Republicans!
Alton, where were you when the Republicans were borrowing and spending us into $3 trillion worth of debt in the past 8 years? I don't remember hearing a peep out of the Republicans!