Will we have a Middle Class left after Bush's reign?

Question

Dollar tumbles to 30 year low against Sterling.....

Are we on our way to being a third world economy?.....

How long is 12 months? how quickly can it pass? will we survive this arrogant regime's mismanagement.?

CONS you better join me on the flight to Venezuala or Cuba....

Answer 1

andy g –

Excuse me? The blame-game and denying all responsibility is the Conservative way of life. Clinton gets blamed for everything except the catastrophic impact of the asteroid that drove the dinosaurs to extinction even though when he left office America was more admired and respected than at any time since WWII; the government had a surplus of money; and the American people were safer and more secure than they are today.

Recent reports by both the Department of State and a consensus of America’s 16 Intelligence Agencies both conclude that terror attacks have increased in number and severity, and that Americans are less secure than they were before 9/11. Our military is strained, exhausted, and demoralized; our economy is tanking; and—as a nation—America is more disliked and mistrusted than at any time in its history.

The American Middle Class will continue to appear intact for awhile; however, Bush has gutted it and it will be difficult for working Americans to ever again achieve the prosperity they have enjoyed for the last 70 years. They may hold onto their lifestyle temporarily, but they will not have the resources to educate and raise their children with the same high standards Americans have become accustomed to.

Americans already work harder and have less to show for it than the majority of the world’s developed nations, and this disparity is only going to worsen over time. The political/religious right has not only sold out the Americans of today, but if they succeed in having science replaced by the mythological beliefs of quasi-historic Semitic tribes of illiterate goat herders in our public schools, future Americans will be doomed to lives of ignorance and will be economically exploited both at home and abroad.

America may never recover from the harm done to it by the Bush Administration. Bush may prove, historically, to be the political-asteroid that leads to America’s own extinction.

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koalatcomics –

Say what?

The Bush Administration is only the second (Reagan’s being the first and only other) in US history to have high-ranking White House officials convicted of planning and committing felony crimes from inside the Oval Office.
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Reagan administration era convictions in the Iran-contra scandal:

14 (two overturned on appeal)

Reagan officials convicted for illegal lobbying:
2 (one overturned on appeal)

Reagan officials convicted in Housing and Urban Development department scandal:
16

Total Reagan era convictions: 32
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The Clinton Administration Record:

Clinton administration officials indicted and/or convicted in connection with Whitewater:

0

Clinton administration officials indicted and/or convicted in connection with Travel Office allegations:

0

Clinton administration officials indicted and/or convicted in connection with alleged abuse of FBI files:

0

Clinton administration officials indicted and/of convicted in connection with Lewinsky matter:

0

Clinton administration officials indicted and/or convicted in connection with the Independent Counsel investigation of Interior Secretary Bruce Babbit:

0

Clinton administration officials indicted and/or convicted in connection with the Independent Counsel investigation of Labor Secretary Alexis Herman:

0

Clinton administration officials indicted and/or convicted in connection with the Independent Counsel investigation of Americorps director Eli Siegal:

0

Clinton administration officials indicted and/or convicted in connection with the Independent Counsel investigation of Commerce Secretary Ron Brown:

0 (Investigation abandoned upon Brown’s death in nation’s service)

Clinton Administration officials convicted in connection with the Independent Counsel investigation of Agriculture Secretary Michael Espy:

0 (Espy acquitted of all charges. Judge sharply rebukes Independent Counsel Donald Smaltz for bringing case in the first place.)

Other:

HUD Secretary Henry Cisneros, pleaded guilty to a misdemeanor for misstating to the F.B.I. the amount of money he gave his girlfriend;

Assistant Attorney-General Webster Hubbell convicted of embezzling funds from Rose Law Firm before his federal appointment; that is, stealing from his law partners, including Hillary Rodham Clinton;

Arkansas Governor Jim Guy Tucker, a political rival of Bill Clinton’s, convicted on charges involving local television licensing, and nothing at all to do with Clinton;

Jim and Susan McDougal, convicted of crimes in Whitewater matter. In summation to the court, Independent Counsel declares that President Clinton is innocent of wrongdoing.

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Bush has claimed the authority to disobey more than 750 laws enacted since he took office. He has made himself arbiter of the Constitution.

http://www.boston.com/news/nation/articles/2006/04/30/bush_challenges_hundreds_of_laws/

BUSH ADMINISTRATION DECEPTION OF CONGRESS AND THE AMERICAN PUBLIC

•Committing a Fraud Against the United States (18 U.S.C. § 371)
•Making False Statements Against the United States (18 U.S.C. § 1001)
•War Powers Resolution (Public Law 93-148)
•Misuse of Government Funds (31 U.S.C. § 1301)

IMPROPER DETENTION, TORTURE, AND OTHER INHUMANE TREATMENT

•Anti-Torture Statute (18 U.S.C. § 2340-40A)
•The War Crimes Act (18 U.S.C. § 2441)
•The Geneva Conventions and Hague Convention: International Laws Governing the Treatment of Detainees
•United Nations Convention Against Torture, and Cruel, Inhuman and Degrading Treatment: International Laws Governing the Treatment of Detainees
•Command Responsibility (for known illegal acts of subordinates in the military)
•Detainment of Material Witnesses (18 U.S.C. § 3144)

RETALIATING AGAINST WITNESSES AND OTHER INDIVIDUALS

•Obstruction Congress (18 U.S.C. § 1505)
•Whistleblower Protection (5 U.S.C. § 2302)
•The Lloyd-LaFollette Act, or "anti-gag rule" (5 U.S.C. § 7211)
•Retaliating against Witnesses (18 U.S.C. § 1513)

LEAKING AND OTHER MISUSE OF INTELLIGENCE AND OTHER GOVERNMENT INFORMATION

REVEALING CLASSIFIED INFORMATION IN CONTRAVENTION OF FEDERAL REGULATIONS (EXECUTIVE ORDER 12958/CLASSIFIED INFORMATION NONDISCLOSURE AGREEMENT)

•Statutory Prohibitions on Leaking Information (18 U.S.C. § 641, etc.)

LAWS GOVERNING ELECTRONIC SURVEILLANCE

•Foreign Intelligence Surveillance Act (50 U.S.C. § 1801, et seq.)
•National Security Act of 1947 (50 U.S.C. chapter 15)
•Communications Act of 1934 (47 U.S.C. § 222)
•Stored Communications Act of 1986 (18 U.S.C. § 2702)
•Pen Registers or Trap and Trace Devices (18 U.S.C. § 3121)
•Laws and Guidelines Prohibiting Conflicts of Interest (28 U.S.C. § 528, etc.)

http://www.buzzflash.com/articles/alerts/95+

Answer 2

Encouraging the shrinking of the middle class is a true cons wet dream come true.

The whole group of those who are keeping their heads above water financially have way too much time on their hands anyway. When the worries of keeping a roof over their families heads, and that pesky need to keep them fed and healthy ceases to consume all their time, they just start sticking their noses into the business of governing.

I think the leadership of the GOP and the Religious Right would love to see the majority of citizens barefoot and pregnant and too exhausted to care.

Answer 3

There will still be a middle class, but it will be much, much smaller. Some will have taken advantage of Bush's policy to make it to the upper class. Most will have fallen to around the poverty line as their lines of credit wither up and die.

Answer 4

Our economy is kept in superpower status due to many factors. But if you are talking in terms of currency strength our dollars is nearing a third world status.

Answer 5

The stock market is at all time high, the unemployment rate is at an all time low.

The only issue is that people where not smart by taking out variable rate home loans. They got suckered into buying homes the could not afford because the mortgage payments started low. Now that they are rising they can not pay their bills.

Answer 6

Sure, the middle class will still be around. You will be able to distinguish them by their pockets turned inside out.

Answer 7

Middle class? You're looking at it!

It will pass as soon as deficit spending passes. Reduce the deficit and the dollar recovers.

Answer 8

For one thing, Jimmy Carter. Also, the cost of the dollar is going down, because American companies aren't selling stuff to other countries because no one buys it because the other countries give us high tariffs and they have a lot of American dollars, but they have nothing to buy with the America Dollars so it causes the value of the dollar to go down in the world market.

Answer 9

Hillary will rebuild it like Bill did under his administration.

Answer 10

Actually, it's Bush's fault so when he resigns, the nation will be all better.

Answer 11

I'm doing fine. You know when other countries buy our crap because the dollars cheap that creates middle class jobs.