The Bush Adminstration began at the beginning of a recession. In fairness, we knew then like we know now the 911 would shape this Presidency. Mr. Pittman was over the Security and Exchange Commission and found to be sleep at the switch with oversight. He resigned under fire. Franklin Raines, was CEO of Fannie Mae and it was one of the most well run mortgage lenders by law than any in the country. KPMG oversaw the Board of Directors who approved Raines' salary and bonus structure. He was piled on by his Republican counterparts led by Christopher Shays, the gentleman from Lousianna as making to much money and being an arrogant Actor. Raines resigns. Today, Fannie Mae is in bad shape. Afterwards, they try to get his bonus money back as if he stole it. Like he made to much money in this capitalistic society.
Our military equipment is spec for 35 years non-war, 5 years active war. From an equipment standpoint, we are in at least 3 wars. The war on Terror, Iraq, Afghanistan and a low grade war of wills with Iran. Quiet as it's kept we are militarily active in Africa, Pakistan and in the sea off the coast of Somalia. We have strong military tensions and political tensions with a resurgent Russia over the issue of putting a missle defense system in the backyard of Russia to defend them and our allies from a missle attack launched from Iran. When Kruschev wanted to do the samething in Cuba, during the Kennedy Administration we too had an issue. It was called the Cuban Missle crisis.
During the Clinton Administration, the genesis of NAFTA was voted and approved by a Republican Congress. The Clinton Administration supported passage of this bill becoming law. During the Presidential campaign in the early 90's Billionaire Ross Perot spent a fortune about the "sucking sound" heard in America of the jobs going out of the country, to Mexico and other countries for cheaper labor. Neither party responded at the time.
The Bush Administration slapped sanctions on Iran, who is a stones throw away from Iraq and business partners with Venezuela. Between those three countries they have 28% of the worlds oil supply. Iran and Venezuela are members of OPEC, along with Saudi Arabia, Qatar, Kuwait and others. Venezuela and Iran are proposing that the standard currency be the Euro, since the dollar continues to be weak. With the dollar as the standard currency the oil rich countries have more pressure to refine the oil and less bang for the buck doing business in the foreseeable future.
In the meantime, our government is printing money it can no longer backand we are paying for an ndefinite war on the government charge card. The Fed lowers interest rates which helps consumers but kills lenders and lowers global credibility about our fiscal responsibility.
So, The Bush Adminstration policy has made a bad situation worse. This is where the blame lies, correctly and squarely. To further my point we have had a Republican controlled Congress for the last 16 years. We have 16 years of Republican appointed Apellate Judges, Supreme Court Justices and ironically tax and spend Republican policies. The Democrats are no Saints, the majority of the chips fall on the steps of the Republicans. It has been their party that has been in charge for over a decade. Whatever is right is because of their brand of leadership and whatever is wrong is because of their brand of leadership.
G-Man what is your educated response? "Blah, Blah, Blah"doesn't represent your point of view any better than an infant. I doubt we will hear anymore from you, I am sure you are thoroughly confused. Poor chap.
2007-11-24 13:24:00
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answer #1
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answered by mark_hensley@sbcglobal.net 7
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A complete and total lack of effective leadership. Playing the odds and gambling with the future of the United States instead of reasonable, effective leadership has resulted in our current mess. Also, way too much deregulation and cuts to necessary programs. The Bush administration's idea of smaller government is to let everything go on its own. If people were honest, that might work. People aren't honest, they're greedy thieves if left unchecked and deregulated in the business sector.
2007-11-24 13:05:42
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answer #2
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answered by BekindtoAnimals22 7
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Are you speaking about the 70s when Jimmy Carter was the president...It sounds about the same..Only, we have much lower interest rates, and unemployment rates. And as of yet, I have not had to ration my fuel or wait in line for three+ hours to fill up the tank.
I suppose we can do like Bill, and sell our nuclear knowledge to some other country to buy out of our debt..
2007-11-24 13:53:51
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answer #3
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answered by crknapp79 5
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The entire gov't, including all the members of Congress who supported going to war.
Well, we could go a little further than that, those who choose to elect those who are in politics. If you have to be elected into office, than blame all of the tax paying, voting, hard working Americans.
Cause and effect at it's greatest. Sad, isn't it?
But who want's to stand up and blame theirselves. It's the American way, blame everyone but yourself.
2007-11-24 12:30:26
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answer #4
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answered by Anonymous
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Thank the administration for the property operations of the government resulting to deficits in budget and trade and all the records related to governance.
2007-11-24 12:31:37
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answer #5
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answered by FRAGINAL, JTM 7
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Bush, who else?
The foreclosers... the greedy banks and lending institutions. They knew the low/no down, lowinterest, 40 year mogages would go to poeple that would not otherwise qualify and at the first sign of interest hikes would "belly-up" on the payments and default on the loans.
Other than that...Blame Bushie!
2007-11-24 12:28:12
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answer #6
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answered by ? 6
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Bush
2007-11-24 12:49:53
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answer #7
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answered by Anonymous
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I would say the people in congress that voted for war that is costing us way more than we actually have in budget for such things.
2007-11-24 12:34:29
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answer #8
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answered by sheba 3
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william jefferson clinton.
ignoring al qaeda when clearly the problem couldve been solved
vetoing welfare reform on four separate occasions and then attempting to take credit for it when FORCED to pass it
the largest tax increase in us history and taxation of social security styming business expansion and operation
criminal behavior in the white house lowering consumer confidence and belief in government.
2007-11-24 12:45:01
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answer #9
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answered by koalatcomics 7
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Blah, blah, blah. You guys really need some new talking points.
2007-11-24 13:44:19
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answer #10
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answered by Anonymous
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