The Wall Street Meltdown Explained: Response to mccainisthrough

[mrgetrealpeople]

The president, however, had difficulty grasping the possibility, even after Maer told him.

"You just said the price of gasoline may be up to $4 a gallon — or some expert told you that," Bush repeated. "That creates a lot of uncertainty."

So what, Bush is just as out of the LOOP.

[UTubekookdetector]

MRGET: You're just repeating what mcstupid said. mcstupid did a video making fun of Bush for not knowing the price of gas, but she never criticizes Dumocrats for making gaffes. The point you're making was the very point I was responding to. You don't seem too bright kid. I went over this at the very start of the video. Lastly, you've posted several of your comments numerous times. Maybe up the Ritalin dosage a bit.

[mrgetrealpeople]

Peter Maer of CBS News Radio asked: "What's your advice to the average American who is hurting now, facing the prospect of $4-a-gallon gasoline, a lot of people facing ... "

"Wait, what did you just say?" the president interrupted. "You're predicting $4-a-gallon gasoline?"

Maer responded: "A number of analysts are predicting $4-a-gallon gasoline."

Bush's rejoinder: "Oh, yeah? That's interesting. I hadn't heard that."

[hitballfootler]

Also, how do you know that just because the price of oil didn't ruin the economy before that it didn't recently. There could have been a correlative that supported the economy that worked to override the effect of gas prices and perhaps it was different the last time around.

[UTubekookdetector]

Your whole post above can be summed up in one word: conjecture

[hitballfootler]

Okay, but if it's possible then how do you know that oil wasn't a contributing factor.

[UTubekookdetector]

Oil prices were high most of the 70s (and remember the high gas prices of the early 80s after windfall profits taxes) because of price controls and/or windfall profits taxes.

The economy kept humming along despite a near-tripling of oil prices under Clinton and before the housing bubble burst under Bush in 2008.

You need to phrase your question differently: You're asking me to prove a negative.

[hitballfootler]

How do you know that the GOP controlled congress was responsible for the surplus. It sounds to me like you're making assumptions.

[UTubekookdetector]

"How do you know that the GOP controlled congress was responsible for the surplus"

Because I read the Constitution and I know that Congess has the power of the purse.

[hitballfootler]

Yeah but the president can ask congress do do things and work with congress to influence their legislation.

[UTubekookdetector]

You are correct on that FOOT, but the President can only sign or veto what Congress sends him. He can't make legislation, never has and never will.

Unless you count the time where Bush gave TARP money to the automakers when Congress stated that TARP was for financial institutions only.

That money was unconstitutional in my opinion because Congress never passed legislation giving GM any money.

Bush spent it anyway.

[hitballfootler]

Okay but if the president can work with congress then the president could be partly responsible for creating a surplus. How do you know that it wasn't Clinton and the GOP congress that created a surplus as opposed to just congress?

[UTubekookdetector]

I've given Clinton credit several times for working well with Congress to control spending. If I gave sole credit to Congress I'm sorry, but they do get the lion's share because Bill can only sign what they send him.

We're headed towards an entitlement disaster and when were those programs created? Under a Dem President and under large Democrat majorities in Congress.

[hitballfootler]

If you are referring to Obama and congress then I would agree that they are doing a bad job in many areas right now.

[hitballfootler]

What was that dig about public schools about?

[IncorruptibleTruth]

Very good post.

[UTubekookdetector]

Thanks, we've taken this McPuke character behind the woodshed numerous times. She's scared to death of us.

[avrbarr]

wow i thought she was just a crazy liberal i didnt know she was just a complete moran

[UTubekookdetector]

If Madam Nancy were a Republican they would've had hearty guffaws about it on Hardball for a couple weeks. But she's a Democrat, so the antique media never reported it.

[whitelacestrange]

i have been to san fransisco... beautiful city, totally run by hippies and they have a bit of a homeless problem.

Polosi was slipped her fair share of LSD i'm sure.

[glenndough79]

alternative to fossil fuels HA!

thank you for challenging this mental midget.

Can you imagine the flutter in this guys heart when he saw BO bow like a servant to the saudi king. I'll bet he creamed in his shorts.

[UTubekookdetector]

We will continue to intellectually hammer this puke. Thanks for your comment and keep fighting the good fight.