No, never said I appreciate it. I truly do hope this "stimulus" stops the downward spiral, but at what cost?
1) As you said...the US taking more and more from a country like China.
2) Throwing money at car industries that STILL ASK FOR MORE even after getting billions of dollars and may very well still tank.
3) And this is the one that concerns me the most...he wants to raise taxes on those making more than 250K to something like 40%!! WHERE IS THE INCENTIVE TO BE PRODUCTIVE WHEN ALMOST HALF OF EVERYTHING YOU MAKE GOES STRAIGHT TO THE GOVT?
4) Scratch that...this concerns me the most...the govt plugging billions of borrowed money into every sector of the economy and creating internal regulations so that they will have a ball and chain around every man, woman, and child in this country. Land of the free? Land of the shackled by govt.
...all I hope is that he isn't as horrible for this country as GW. That's all I ask.
You'd think with all the people in this country we could find someone better than those on the ballot the past few elections.
He's done MORE harm to the long term well being in one month than George W. could have ever have during his 8 year term.
The housing market collapse stems directy to Bill Clinton's last 2 months(November 2000) in office when he signed a bill into law that REQUIRED lenders to have a quota of sub-prime mortgage loans to make housing 'FAIR AND AFFORDABLE' for EVERYONE, even if those people had no ability or right to PAY for those mortgages. Thus leaving the banks with the "BAD PAPER" that they have today.
The markets stated going NUTS after 2006 when the democrats took office in both the house and the senate. From 2001-2006 the country experienced the greatest 'wealth' and economy EVER. During that span MUCH of the credit stems from the Bush tax cuts that left employers with CASH IN HAND to create jobs, and move MARKETS. Markets work 100% of the time they're tried. Through good times and through bad times. You HAVE to experience the bad at times to have the GREAT wealth. What we're doing now is EXACTLY what Hoover and FDR did during the late 20. Researchers at UCLA did a study that if government had done NOTHING. Absolutely NOTHING, that the 'Great Depression' would have been nothing more than a MILD recession. But because of the similar GOVERNMENT intervention...the depression strung out to YEAR on a LARGE and INTENSE poverty scale. Because they didn't 'trust' the markets to SELF-CORRECT which they do.
Since 2001 there has NOT been another terrorist attack on U.S soil. Bush deserves 100% credit here.
I didn't and don't agree with everything Bush did as President. However, when I look at the overall job he did. I'd say he did a pretty damn good job, even in spite of irrational bush haters like yourself. The man is very intelligent. Graduated from Yale and if you listen to people who KNOW the man on a personal level regardless of political affiliation. They ALL admit he's a very eloquent, gracious and intelligent person. For whatever reason he had issues in articulating his message via speech. But the man KNEW HIS MESSAGE.
Obama on the otherhand certainly is a wonderful READER. He can read ANYTHING that is prepared for him.
His economic philosophy is absolutely INCOHERENT and ridiculously misguided. This guy is DRIVING us into what is not labeled an economic 'depression'. Extended the Bush Tax CUTS and lowering the PAYROLL tax would go much further in alleviating the economic issues we face today. But Obama's more worried about receiving the CREDIT for FIXING our nation's problems, than actually doing so. Because only the MARKETS can fix this mess, not one self-promoted 'MessiUH'
His moral values are inexistent. I look at his post-partem abortion stance and think, this man condones MURDER of innocent babies who have survived a botched abortion. Also, ANYONE who views pregnancy/babies as 'PUNISHMENT' is a moral DERELICT.
Obama's foreign policies rival that of Jimmy Carter who can essentially be blamed for the rise of groups like Hezbollah and Al-queda.
So don't go on to me about the beauty of Obama's articulation of words via teleprompter. That man is easily already the WORST president in United States has EVER had. And he's one month into the term. I don't think the other 47 months could even come close to fixing the damage he's already caused in 1 short month. And I guarantee he has no INTENTIONS of changing his current path either.
One
Big
A $$
Mistake,
America.
