Obama should start this speech off by saying that by the time he took office, we had a national debt of less than 11,000,000,000,000 dollars. By his third year of being in office, we had a national debt of just over 15,000,000,000,000 dollars. That would be a more accurate claim.
@Robbie12992 So let's ask, since you're such an expert on the debt, where did that money go? What policies and/or spending caused this? What did Obama contribute to this exactly and why?
For some reason you avoid those questions of why it increased and how. Your argument begins and ends with the years and those numbers.
@sonic8005 I don't know where all the money went, that question is irrelevant. If you want to see what Obama did to the country, then search the national debt clock on google. Click the second link and you'll see the national in the years 2000, 2004, 2008, and 2011. In the year 2000, the national was at 5.66 trillion. By the end of Bush's second term, the national debt was 10.7 trillion. Obama took office. In the year 2011, three years after he took office, the debt is 15.13 trillion.
@Robbie12992 "I don't know where all the money went, that question is irrelevant"
That's not 'irrelevant" that's the most important part if you want to blame Obama, show what he's done exactly. The exact problem is you try not to. We still have those policies from Bush in power and Obama's done very little in office, what decisions did HE make to increase the deficeit? You want to blame him when you admit you don't know. It's very important to know these things.
@sonic8005 Bush isn't the sole reason that the economy that the economy is doing as bad as it is right now, and I'll tell you why. Bush hasn't been president for over three years.
@sonic8005 Bush caused the national debt to jump just under 5 trillion dollars in 8 years. Sine Obama has taken office, the national debt has jumped just under 5 trillion dollars in 3 years. I don't want Bush to be blamed anymore, he's not president, but he got all of the blame when he was. Obama is president, and he wants to place all of the blame on someone that hasn't been president in over 3 years.
To everybody attacking Obama on this page... does nobody remember how much the national debt spiked up from when the previous president was in office, with a majority of Republican senators, claiming that tax cuts (especially ones for the wealthiest) would "pay for themselves"?
We still give tax cuts to the wealthiest. We shouldn't. I kind of wish Obama would tell anybody demanding such a thing to go suck a dick. I know I would.
@sonic8005 Go there. It shows the national debt in the years 2000, 2004, 2008, and 2011. Read all of them. I'm sick of Dems blaming Bush when it is SO OBVIOUS that Obama is the reason. Go take a look at the link I gave you. That link is a hundred percent accurate of the national debt. It's still increasing and everything. Go there, come back here, and respond to me with some bogus post claiming that it is Bush's fault for the first 3 years of Obama's debt.
@Robbie12992 Most of that debt's from the first year. I notice how this argument begins and ends with the numbers, never stating at any point what all the spending was or any other details.
Yep, just go ahead and ignore the tax cuts to the wealthiest that "paid for themselves"...
@sonic8005 If you taxed everyone in the country earning above 250,000 dollars at a hundred percent, then you would have just a little bit under 1.5 trillion. The nation debt is over 15 trillion dollars.
@Robbie12992 "If you taxed everyone in the country earning above 250,000 dollars at a hundred percent..."
Not what I suggested or asked you about. I'm not saying we depend on the wealthy or suggest we ask for all of their money. What I'm suggesting is we stop giving them a tax break so they pay less of their income than the average working person.
@sonic8005 We can't depend on the wealthy to give most of their income back, based on the fact that they're well off. I look at it this way. Someone that went to 15 years of med school, to be a neurosurgeon shouldn't be expected to give back 40 percent of their income, while someone that dropped out of high school and had a few kids at the age of 16 is expected to give 4 percent of their income. Does that seem fair?
@Robbie12992 Nice, you spent an entire comment arguing against a strawman instead of answering a simple question.
Also no, how it's expected is that a neurosurgeon and the drop out, no matter what the reason for dropping out was, should be taxed the same amount, be it 10 or 40%, while the absolute wealthiest who get most of their money from inheritance, simply must be given a break to pay less.
@sonic8005 If someone that earns a hundred thousand dollars and pays taxes on the hundred thousand, until they're left with seventy thousand dollars gives fifty thousand dollars to their child, then their child shouldn't be expected to pay taxes on something that the government has already taken from.
@Robbie12992 The problem isn't that. The problem is that because that child is rich they get to make a higher income and have to pay LESS of that than the people who make less than them. That's what the system is set up as. That's the thing you have to defend and that's a question you can't answer.
@sonic8005 And I don't think you know exactly what you're talking about. Someone who is thought of as being rich doesn't pay any less in taxes than someone earning less than them, but they pay more. Where have you been?
@Robbie12992 "And I don't think you know exactly what you're talking about"
And you've outright stated you don't know what you're talking about. Again, your argument begins and ends with the dates and the numbers, then you do absolutely NOTHING to ask about how this is or why it is.
I'm not saying it's all Bush's fault. That's not my argument. My argument is that you need to investigate all of it. You could very well be rewarding congressmen who are also responsible.
@sonic8005 Actually...no, the richest people in the country don't get any tax cuts. Lol. Alright, bye. Sorry I upset you, this must be the first time anyone has ever disagreed with you on a subject. Bye though.
The debt when George W. Bush took office was $5.727 Trillion when he left it was $10.627 Trillion. The total debt that George W accumulated in eight years of office is $4.9 Trillion The debt right now is $13.736 Trillion. In approximately 666 days in office, he has accumulated $3.066 Trillion. Using simple algebra you'll find by Dec 2011, Obama will have accumulated more debt in three years than George W. did in 8 years.
Fannie and Freddie crashed the economy period! No good comes from government run ANYTHING! Medicare, Broke, Medicaid, Broke, Social Security, Broke, AMTRACK, Broke, The post office BROKE! END O STORY!
The Obama plan to spread the wealth is very crude as he plays Gulf
Do you really want health care? Bring home our troops DemoRepublicans
Black on Black is not very bright nor was inside WTC ploys on building C and the pentagon.
Wake up take a closer look - Scared to? another conspiracy 700,000+ barrels of oil a day is Obamas weapon of mass destruction - No amount of money in our life time can clean this up
Wake up America is Under siege and you don't even know it
Liberals suck at math, they can't count higher than 8 when they should try 11 years back when Clinton signed into law the subprime lending forcing banks to give loans to people who could never qualify for them in the first place. The DemoRats planted the seed, and in 2005 the Senate DemoRats blocked a reform bill demanding more oversight of banks! And lets not forget the DemoRats controlled the House and Senate starting in 2006, so it was their bills. And Barry, U voted 4 TARP ignorant Idiot!
@chernmax I'm not willing to look these things up, even though I don't remember one of them, but forcing banks to lend is not something a president or senate or congress has legal power for. Loan financing has been due to strong suggestion from presidential advisers and the best economists (might i add that they are not affiliated with government and have reached a consensus on refinancing, while coming from different parties, even though their job asks them to put personal feelings aside.
Obama wasn't blaming Bush he was only pointing out the dish of horrendous issues to fix when he took office. Can you deny that? Can you fix 8 years of turmoil in one? Then shut the fuck up.
@allbaugh04 Were you not paying attention? From what I've been seeing no one wants to work with Obama. We got what we voted for but everyone seems to think they voted for a fairy godmother with a magic wand who'll just wave all our problems away. Everyone wants change, wants reform, wants America to be the way it was but no one wants to pay for it or contribute towards it.
No matter what politicians tell you to make you feel better, safer, more united. Just follow the money trail around them to see that most, if not all of them say one thing and then vote/support in a way to back up the large (sometimes foreign) corporations and special interests that funded them into office in the first place. "If you rob Peter to pay Paul..... you can always count on the support of Paul"
we must look not only at where we are and where we're going but WHERE WE'VE BEEN. The situation at this time last year was truly ominous." "...The INHERITANCE of decades of tax and tax and spend and spend."
when will this country see resposibility instead of the blame game.all you ever see blame blame blame. someone needs to pull their hear from their rectum and take charge period.
Okay, President Obama, so your solution is to increase the deficit higher than the last year of Bush's, still continue in Iraq and escalate the Afghan War (both of which I assume haven't been "paid for"), have a tax cut for some which isn't "paid for", and a proposed new gigantic healthcare bill? That makes no sense at all.
I'm curious at what point this administration will stop blaming everything on the previous president, and quit whining. Bush never did that and he sure could've.
@FiendsInRedSatin1 He could have whined about what? That he inherited a surplus and a country that had never had such a large foreign terrorist attack on its soil?
shalcall, Bush could have whined about Clinton passing on a chance to take Bin Ladin from the Sudanese, he could have whined about the souring economy he had given to him thanks to the popping of the tech bubble, he could have whined about Clinton not doing something about the festering sore of Saddam Hussein, etc.
Fact is no one forced Obama to be president. He wanted it. Now he's got it. If it is too much, he should resign.
Bush couldn't whine about Clinton not taking out Bin Laden because Bush ended up making the same mistake in Tora Bora. And if I remember correctly, Bin Laden is still alive and kicking and free nine years after 9/11.
He couldn't whine about a souring economy because his solution was to whipe out the surplus we had with regressive tax cuts.
And I'm sorry, what was Saddam doing to us? Weapons of Mass Destruction? I'm still waiting for someone to find them.
shalcall, Bush could whine about Clinton not getting Bin Ladin because Bin Ladin was offered to Clinton by the Sudanese governemnt in the late '90's but Clinton wouldn't take him. Why? Because Clinton was obsessed with fighting terrorism through courts.
Yes, he could whine about the souring economy because the tech bubble popped and Bush's tax cuts helped get us out of that.
Saddam shot at our planes constantly. What did Clinton do to stop that?
You must get your news from Hannity or Limbaugh. Please note, they are opinion commentators, not news anchors.
No one can confirm, and Clinton never confirmed that the Sudanese ever offered to give him Bin Laden. Honestly, if they thought he was a menace, why did the Sudanese not arrest him? Moreover, at the time there no one knew of Bin Laden's future crimes, nor did they have any evidence that he had committed any crimes against the U.S.
So please take your revisionist history elsewhere.
shalcall, what I say is truth. Clinton himself confirmed it in a speech before a Long Island business group back in 2002. Bin Ladin was a known anti-American terrorist before then. The point is that Clinton was obsessed with fighting terrorists in courts. (You note that he finally got away from that in 1998 with missile strikes, but it was too late. And who is it now how wants to bring KSM to trial?)
Bush could've complained, but he didn't. At what point does Pres. Obama stop?
shalcall, what I am pointing out is not that Obama blames Bush for Bin Ladin (at least, not yet) but that he blames him constantly about everything else.
The thing is Obama knew what the job would be like in the campaign and what challenges there would be. If he was afraid that it would be too difficult, he could have given the nomination to Hillary or let McCain have the election.
What you fail to take into account is that he is being blamed for things that he did not do. When Republicans say that he tripled the deficit, they are ignoring the fact the projected budget deficit was tripled before Bush ever left office.
When Republicans say that he's running two wars, they ignore the fact that those wars began before he even entered office.
When Republicans say that the economy is in the shitter, they ignore the fact that it was in the shitter they day he arrived.
shalcall, I and others are not saying the economy was in great shape when Obama took over, that two wars weren't going on, or that there wasn't a large deficit. What I am complaining about is Obama's whining about the problems that he inherited. He knew full well what was going on when he ran for president. Furthermore, he is actually racking up an even larger deficit that Bush. (Remember he got more spending passed with stimulus, etc.) His latest proposed budget has a record deficit.
There you go again. What I'm saying is that what you call "whining" is actually him defending himself from GOP lies and/or misinformation. If you watch the Q&A at the GOP retreat in Baltimore, he brings up the "whining" everytime he is blamed for tripling the deficit (which was not his choice) or racking up more debt (again, a necessity, not a choice).
Saying that the stimulus was unnecessary is one thing. Blaming him for the entire deficit of his first year is being disingenuous.
shalcall, do you not find it odd how Obama complains about the deficit, the wars, and the drug program of Bush's but then he proposes even more deficit spending, continues the campaign in Iraq and escalates the fighting in Afghanistan, and proposes a gigantic new (and expensive) entitlement in health care reform?
It's nonsensical for Obama to complain about what was awaiting him (something he already knew about) and his solution is even more of the same.
Last I read, he's drawn down the forces in Iraq drastically with plans to have all combat troops out of that country by this summer. He campaigned on ratcheting up the war in Afghanistan (where Al-Qaeda was based), so that's no surprise.
And the entitlement health care reform he is pushing is paid for, so it would not add to the debt. The (nonpartisan) CBO scored it as reducing the debt over the long term.
It's only more of the same if you haven't been paying attention.
shalcall, it is more of the same. It's hypocrisy for Obama complain over something and then to turn around and do the same things except much larger.
What happened to all combat troops out in 16 months? What about the thousands of others?
A new entitlement not adding to the debt? Can you tell me the last government program (especially one of this proposed size) that has actually come in on budget? Even the Cash for Clunkers program (a vastly smaller one) couldn't make that boast.
Are you serious? Clearly you don't want to listen. You are not open to facts that don't support your own view. So why bother.
All combat troops out in 16 months? Did you forget the end of that sentence? The one that went, "given conditions on the ground?"
Cash for Clunkers? Really? Of course it didn't come in "under budget," it was STIMULUS spending of which they had to add more money because of its enormous popularity.
Don't bother replying. You're stuck in your failed ideology.
shacall, I mentioned "Cash for Clunkers" because it is an example of how inefficient govt. is in estimating program costs. CFC went through the cash that was supposed to last for several months in 6 days. Now you want me to think the same govt. can estimate health care costs?
Obama ran with the impression he'd immediately end the Iraq War ASAP. Instead, he has used a Bush approach of gradual draw down of forces with thousands of troops still to be in Iraq.
@FiendsInRedSatin1 sorry to interject, but the fact is that Obama is the FIRST president to actually try (meaning reasonable effort) everything he said he would. How much actually went through, I can't remember, but all of that in a year or so is great, especially when other presidents, feds, antifeds, jeffersonians, hamiltonians, jacksonians, bull-moose, whigs, democrats and republicans alike, couldn't do in spans of 2 terms and even 3 for Roosevelt.
@ahero4heor what he's accomplished is quite alarming, specifically he's spending through the roof and has added another entitlement program (ie health care reform) when we have two already in trouble.
You may want to check out the bio for James Polk. I think he ranks as the first (and only) president to keep all his campaign pledges including serving only one term in office.
The blame game has the wrong players. Somehow people are exempting congress from responsibility. Most of the people I talk to are so clueless they think Republican have been running congress for the last three years. As long as the majority of people have no clue as to the cause of the recession there's little chance of it getting better.
Can we also blame bush for Fannie mae and Freddy mac being forced via Acorn/Obama to give loans on homes to people who couldnt afford them for the housing bust ?
Bush is probably responsible for the lack of change we havent seen in the last 365 days too.
BUSH WAS equally at fault for Fanny and Freddy. Google Bush minority housing speech 2002. Here is what he said: "Owning something is freedom, as far as I'm concerned. It's part of a free society, open up the doors of homeownership there are some barriers, and I want to talk about four that need to be overcome. Fannie Mae and Freddie Mac -- I see the heads who are here; I want to thank you all for coming They've committed to help meet the shortage of capital available for minority home buyers.
All while Democrats like Barney Frank and Nancy Pelosi were saying that there wasnt anything wrong and that the aforementiond financial institutions were fine and dandy simply because they were explicit.
@spliffsperlunk I will never understand where you idiots formed the idiotic idea that it was the fault of poor people that our housing market was destroyed.
If you see a bum alcoholic on the street and he asks you to borrow $100. Do you lend it to him with the expectation that he's going to pay you back? Would anybody blame the bum for making you $100 poorer?
Shalcal your not the only one who doesnt know that Lenders like Freddie Mae and Freddy mack were forced to give risky loans to people who normally wouldnt qualify partially thanks to pettitioning from Acorn and Obama when he was their legal counsel.
FNMA and FHLMC were NOT forced to make risky loans to anyone. This is a right wing propaganda point that is simply untrue. Moreover, it shows complete ignorance about what those 2 GSE's actually do.
BTW, the Community Reinvestment Act (I'm guessing you'll bring this up next) has never forced banks to make loans to anyone. And in fact, when you look at the numbers, the vast majority of foreclosures over the last couple of years have not been CRA loans.
Of course Bush deserves a huge amount of the blame! He did everything he could to sink the Country into the worst economic crisis since the Great Depression, and very nearly succeeded. For McCain and all the other republican clowns sitting there stone-faced to imply anything else is just plain laughable.
sorry McCain trillions in debt well dude it is hard to forget with all the struggle Americans have because of Bush as well the largest debt ever with Reagan which democrat Clinton brought way down to nill and actually saved the country money as well jimmy carter was lower than Bush sr Reagan and G Bush debt out of 5 leaders huge debt was G Bush & Reagan even higher then Bush. Clinton non he saved us money & carter was lower than Bush Sr,G Bush & Reagan. Hard to forget the republican spenders
GOP rewards American Corps that outsource the Jobs with Tax Breaks. Banks that fund these Corps are Bailed out. They hate Unions that in any government raise the standard of living for its employees and others who compete for competent employees.
Just wait, infrastructure is an investment and will create jobs. Also Research will create jobs.
GOP borow from the future for their stimulus, unfortunately bills come due eventually.
Bush gave the wall st money with no strings attached. Obama gave them loans, thats the difference between bush and Obama. But where was the right wing nut jobs when bush was giving money away. On their knees sucking up to bush.
Con Law professor may want to retake his high-school civics class. Congress passes budgets, not the President, and the last THREE budgets came from Democrats. In three years, they increased annual federal spending by $900 billion. Obama served in the Senate that passed those bills, and he voted for every Democratic budget put in front of him.
Hell, even the AP points out 10 factually false statements from the Speech.
It is $14.3 Trillion as of today. The Dems just raised the debt ceiling by $1.9 trillion. We have 3 more years of Obama and the debt will of course be higher than this
The most important thing is: the economy can't be influenced the way Obama apparently believes it can.
And I remember, the actual deficit when Zero took over was barely 500 billion, not 1 trillion. The trillion is his work. Incompetence your name is Obama.
The mess can be fixed easily: less spending. And keep the politicians from meddling with the economy. They only mess it up anyway. They only make things worse. And remember: as politician, you need no training in anything.
2008 - $459 billion deficit in Bush's last year. Obama claimed $3 trillion. Then Obama and the Dems spent over $4 trillion in 1 year/3 months. Obama is a flat-out compulsive liar. It is proven time and time again.
Who voted to let Bush partake in these two wars? Both parties did. The economy didn't start to slide until 2007. Who took control of the House and Senate in 2007?
He was part of the Senate and voted for the bailouts. So Oblahblah shares the blame. I'd like to see every politician who voted for the TARP bailouts & the Stimulus get the boot.
i think the bailouts and stimulus were the right thing to do. very unpopular but the right thing, they saved your country from destruction and many more layoffs in the public sector.
i think obozo only shares the blame on things he can control, but it is laughable to blame him on the economy as aggregate, seeing as he was not in charge, bush was, during the 8 years of deregulations and tax cuts for the rich that caused the recession in the first place!
@LLORT3 Tax cuts did not cause the recession. This is absurd. The recession was caused by the housing bust. Not by Americans keeping more of their paycheck. Go drink your kool-aid.
Your history is obviously written by Paul Krugman. The whole "tax cuts for the rich" is just a leftist tactic to spur class envy, when in fact everyone's taxes were cut. Add "...AND poor" to the end next time.
And how are TAX CUTS paid for? You don't PAY for a tax cut. People getting to keep their money is not a form of payment by the middle class, or anybody. Who does the money belong to?
at least i am not reading revisionist history that claims the last 8 years of deregulation and redistribution of wealth from the middle class to the rich (and then to thin air) didn't happen.
i think wealth should be redistributed back to the middle class, just like it was during the progressive 1990s.
let's not pretend that the last 9 years were wasted by Bush and Obozo's regressive tax policies.
Budgets are the result of congress! Bush didn't veto it, and no doubt, he can be criticized for allowing and asking for tons of spending. But at the time, didn't the democrats repeatedly complain that Bush and the GOP (every year) were not spending enough on their pet projects? Even if they froze the spending and didn't allow an increase, the Dems would call that a cut. this famous fuzzy math. Anyway, Obama was there, and he voted yes.
On March 14, 2008, then Sen. Obama voted in favor of the 2009 budget which authorized $3.1 trillion in federal outlays along with a projected $400 billion deficit. The 51-44 vote that morning was strongly along party lines with only two Republicans saying "Yes."
Then Sen. Obama, Joe Biden, Rahm Emanuel, and Hillary Clinton all voted for the budget.
How is this possibly something that happened before Obama "walked in the door"?
why'd they stop the video there? If they go a bit longer, he leans over and says it more clearly. I saw "blaming bush" the second time around, then the camera panned past Lindsay Gramnesty. See if you can find a longer video of that moment. Juan clearly says "blaming Bush" or "blame it on bush"
"blame it on bush" is what obama was doing, and, yes, as another poster said, shit is getting old.
but i'm not sure that's exactly what mccain said, i don't think there's any way to know exactly what mccain said, i don't care what mccain quietly uttered to his colleague from the audience during the sotu, and the fact that the progressive nutroots does care so jealously and obsessively shows how fucked in the head they are.
progressives are actually documenting "facecrime" now.
the progressive officiate claim they can't operate legislatively without a minority-proof majority. the progressive grassroots will not tolerate legislative results which are the product of pluralistic compromise.
progressives are totalitarians. they hate pluralism.
1. The economic crash started under the Bush administration.
2. Even if you take the most conservative approach as to why the economy crashed and blame it entirely on Fannie and Freddy. You still need to explain why the GOP lead congress and the GOP lead president didn't do anything to prevent it. (in fact Bush once commented on how he wants all Americans to own a house)
the congress hasn't been "republican led" since 2006. calls from the republican minority to put the brakes on fannie and freddie were shouted down as "racist".
the crash is a great bit more complicated than just irresponsible lending and much of the irresponsible response came from bush's pen. you'll hear no silence from conservatives on that point.
bush inherited an economic crash from clinton. i wonder where you placed the burden of responsibility then?
partiucularly since we don't have to remember back that far to witness the shameless cynicism of progressive astroturf groups, for whom the bank and auto bailouts were corporate wellfare and reckless spending on jan. 19th, 2009, but became necessary job-saving, reconstructive measures on jan 20th, 2009, and who now consider a token freeze on 8% of the federal budget a betrayal of their loyalty. who's crying crocodile tears here, really?
and it's telling that you had nothing to protest of my actual point - that there's something creepy and implicitly totalitarian in the way that progressives are monitoring people's faces for evidence of thoughtcrime.
@clemtoe Under clinton, especially when it came time to leave office, the economy was at a high point with the debt at its lowest point in about 40 years.
@ahero4heor exactly the opposite. in march of 2000, when clinton was about to leave office, the dot-com bubble burst and the nasdaq crashed, begining the 2000 recession. clinton's final budget projected a deficit of $133bil. i notice you avoided the false claim about a "surplus". nonetheless, this budget deficit was as low as it was for two reasons: 1) borrowing from peter (social security) to pay down paul (extra-governmental debt), and massive tax increases.
the boom which clinton's presidency was coincidental with was entirely due to the phenomenon of microcomputing and the internet. it busted. neither the boom nor the bust had anything to do with clinton, but that did not prevent progressives from trying to hang it on bush, who had not even won the election when the recession cycle began. there were a lot of things like that - virtually everything clinton had tabled, from arsenic levels in groundwater to u.s. membership under the kyoto treaty...
but, getting back to the video which is supposedly the topic of discussion here, isn't it just a bit fuckin' creepy that progressives are monitoring for and documenting instances of "facecrime"?
progressives spent the bush years claiming that dissent is the highest form of patriotism. now that they are in power, they have sought to classify dissent as a form of terrorism. and here we see that simply muttering a few words of barely audible commentary to the guy sitting next to you is a crime.
All Obama did in terms of major spending was the Stimulus package. Which has admittedly failed, just like the Bush "tax rebate" stimulus which amounted to a welfare check to all.
On March 14, 2008, Sen. Obama voted in favor of the 2009 budget which authorized $3.1 trillion in federal outlays along with a projected $400 billion deficit. The 51-44 vote that morning was strongly along party lines with only two Republicans saying "Yes."
When the final conference report was presented to the House on June 5, not one Republican voted for it.
This means the 2009 budget was almost exclusively approved by Democrats,
But he is just playing to the few remaining retards who still support him.
They lack the intelligence to ask what was Barry before they elected him President? How did he vote on these mysterious bills which "bankrupted" the nation? And since he was elected in 2006 on the wave of people getting rid of Republicans who had become too liberal, does anyone remember Barry EVER fighting for any cuts in spending?
All anyone can find is Obama blasting Bush for not spending more.
That's ridiculous to say right after Bush II. And Clinton even committed perjury before a Federal Grand Jury, which he's expressly forbidden by his oaths to do since he's sworn to uphold the laws of the country! Reagan exacerbated much of the racial strife in America. Carter was too weak to take seriously. Ford pardoned a felonious Nixon who organized a felonious conspiracy. Johnson abused dogs. Kennedy was a drug addled sex fiend. Ike got us into Vietnam. Truman killed 100k+ Japanese!
New Agency Proposed to Oversee Freddie Mac and Fannie Mae
Published: September 11, 2003
The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.
''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee.
When Bush was appointed president by the supreme court I gave him 6 months to destroy the Clinton economy - it took him 8 years but at least he did it. De-regulating Wall street and giving rich people their tax money back during wartime helped a lot.
It took Obama weeks to destroy this country for generations with his idiotic failure of a stimilus, which has put us in a hole a miracle worker would have a hard time getting us out of.
But keep blaming Bush guys. Where's that less than 8% unemployment TheOneTermer promised?
He didn't "promise" any such thing. He said that 8 percent unemployment is what their studies concluded would be the result if his policies were implemented. This is such a nonsense talking point, but I'm not surprised the right keeps bringing it up.
By the way, McCain would have implemented a stimulus plan had he been elected. Any President that would not have would have been criminally negligent.
Obama should start this speech off by saying that by the time he took office, we had a national debt of less than 11,000,000,000,000 dollars. By his third year of being in office, we had a national debt of just over 15,000,000,000,000 dollars. That would be a more accurate claim.
Robbie12992 1 month ago
@Robbie12992 So let's ask, since you're such an expert on the debt, where did that money go? What policies and/or spending caused this? What did Obama contribute to this exactly and why?
For some reason you avoid those questions of why it increased and how. Your argument begins and ends with the years and those numbers.
sonic8005 1 month ago
@sonic8005 I don't know where all the money went, that question is irrelevant. If you want to see what Obama did to the country, then search the national debt clock on google. Click the second link and you'll see the national in the years 2000, 2004, 2008, and 2011. In the year 2000, the national was at 5.66 trillion. By the end of Bush's second term, the national debt was 10.7 trillion. Obama took office. In the year 2011, three years after he took office, the debt is 15.13 trillion.
Robbie12992 1 month ago
@Robbie12992 "I don't know where all the money went, that question is irrelevant"
That's not 'irrelevant" that's the most important part if you want to blame Obama, show what he's done exactly. The exact problem is you try not to. We still have those policies from Bush in power and Obama's done very little in office, what decisions did HE make to increase the deficeit? You want to blame him when you admit you don't know. It's very important to know these things.
sonic8005 1 month ago
@sonic8005 Bush isn't the sole reason that the economy that the economy is doing as bad as it is right now, and I'll tell you why. Bush hasn't been president for over three years.
Robbie12992 1 month ago
@sonic8005 Bush caused the national debt to jump just under 5 trillion dollars in 8 years. Sine Obama has taken office, the national debt has jumped just under 5 trillion dollars in 3 years. I don't want Bush to be blamed anymore, he's not president, but he got all of the blame when he was. Obama is president, and he wants to place all of the blame on someone that hasn't been president in over 3 years.
Robbie12992 1 month ago
To everybody attacking Obama on this page... does nobody remember how much the national debt spiked up from when the previous president was in office, with a majority of Republican senators, claiming that tax cuts (especially ones for the wealthiest) would "pay for themselves"?
We still give tax cuts to the wealthiest. We shouldn't. I kind of wish Obama would tell anybody demanding such a thing to go suck a dick. I know I would.
sonic8005 4 months ago
@sonic8005
US
DEBT
CLOCK
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O
R
G
Robbie12992 1 month ago
@sonic8005 Go there. It shows the national debt in the years 2000, 2004, 2008, and 2011. Read all of them. I'm sick of Dems blaming Bush when it is SO OBVIOUS that Obama is the reason. Go take a look at the link I gave you. That link is a hundred percent accurate of the national debt. It's still increasing and everything. Go there, come back here, and respond to me with some bogus post claiming that it is Bush's fault for the first 3 years of Obama's debt.
Robbie12992 1 month ago
@Robbie12992 Most of that debt's from the first year. I notice how this argument begins and ends with the numbers, never stating at any point what all the spending was or any other details.
Yep, just go ahead and ignore the tax cuts to the wealthiest that "paid for themselves"...
sonic8005 1 month ago
@sonic8005 If you taxed everyone in the country earning above 250,000 dollars at a hundred percent, then you would have just a little bit under 1.5 trillion. The nation debt is over 15 trillion dollars.
Robbie12992 1 month ago
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@Robbie12992 "If you taxed everyone in the country earning above 250,000 dollars at a hundred percent..."
Not what I suggested or asked you about. I'm not saying we depend on the wealthy or suggest we ask for all of their money. What I'm suggesting is we stop giving them a tax break so they pay less of their income than the average working person.
sonic8005 1 month ago
@sonic8005 We can't depend on the wealthy to give most of their income back, based on the fact that they're well off. I look at it this way. Someone that went to 15 years of med school, to be a neurosurgeon shouldn't be expected to give back 40 percent of their income, while someone that dropped out of high school and had a few kids at the age of 16 is expected to give 4 percent of their income. Does that seem fair?
Robbie12992 1 month ago
@Robbie12992 Nice, you spent an entire comment arguing against a strawman instead of answering a simple question.
Also no, how it's expected is that a neurosurgeon and the drop out, no matter what the reason for dropping out was, should be taxed the same amount, be it 10 or 40%, while the absolute wealthiest who get most of their money from inheritance, simply must be given a break to pay less.
sonic8005 1 month ago
@sonic8005 If someone that earns a hundred thousand dollars and pays taxes on the hundred thousand, until they're left with seventy thousand dollars gives fifty thousand dollars to their child, then their child shouldn't be expected to pay taxes on something that the government has already taken from.
Robbie12992 1 month ago
@Robbie12992 The problem isn't that. The problem is that because that child is rich they get to make a higher income and have to pay LESS of that than the people who make less than them. That's what the system is set up as. That's the thing you have to defend and that's a question you can't answer.
sonic8005 1 month ago
@sonic8005 And I don't think you know exactly what you're talking about. Someone who is thought of as being rich doesn't pay any less in taxes than someone earning less than them, but they pay more. Where have you been?
Robbie12992 1 month ago
@Robbie12992 "And I don't think you know exactly what you're talking about"
And you've outright stated you don't know what you're talking about. Again, your argument begins and ends with the dates and the numbers, then you do absolutely NOTHING to ask about how this is or why it is.
I'm not saying it's all Bush's fault. That's not my argument. My argument is that you need to investigate all of it. You could very well be rewarding congressmen who are also responsible.
sonic8005 1 month ago
@Robbie12992 The richest people in this country get very large tax breaks. They pay less of their income.
If you don't even want to know that either then you're too ignorant for me to deal with. Goodbye.
sonic8005 1 month ago
@sonic8005 Actually...no, the richest people in the country don't get any tax cuts. Lol. Alright, bye. Sorry I upset you, this must be the first time anyone has ever disagreed with you on a subject. Bye though.
Robbie12992 1 month ago
This guys a utter joke. I actually just searched this blame it on bush to get a good laugh!
Acc0rd79 5 months ago
I guess it's still George Bush's fault! Obama is a case study in total leadership failure and he's taking the country down with him now...
l0hy024 5 months ago
its obvious that its republicans destroyed the economy we had years of them in congress and in office and it was crashing the whole time.
ITS NOT OBAMA'S FAULT.
Bigplayhayes 8 months ago
its obvious that its republicans destroyed the economy we had years of them in congress and in office and it was crashing the whole time.
Bigplayhayes 8 months ago
lets go back and remeber who was in office when gas was 5 dollars a gallon and this deficit started
charles948ful 1 year ago
@charles948ful
The debt when George W. Bush took office was $5.727 Trillion when he left it was $10.627 Trillion. The total debt that George W accumulated in eight years of office is $4.9 Trillion The debt right now is $13.736 Trillion. In approximately 666 days in office, he has accumulated $3.066 Trillion. Using simple algebra you'll find by Dec 2011, Obama will have accumulated more debt in three years than George W. did in 8 years.
.
Allen West 2012
TheModelification 1 year ago
fuck u pelosi u gross bitch
cj62392 1 year ago
Mccain asked what's a deficit.....?
METALMAN4Wii 1 year ago
@METALMAN4Wii Mccain asked "and they elected this irresponsible piece of shit over me?"
cj62392 1 year ago
he quadrupled the deficit when he did walk thru the door
IndyB69 1 year ago
Lets not forget that Obama is the president now and not Bush.
Greenlord91 1 year ago
@Greenlord91 Maybe now half the of world will stop burning our flag.....?
METALMAN4Wii 1 year ago
And this joker is the one telling us NOT to point fingers.
TheNp42 1 year ago
@TheNp42 Its part of a response to others' claims, I hope you know that...
ahero4heor 1 year ago
Fannie and Freddie crashed the economy period! No good comes from government run ANYTHING! Medicare, Broke, Medicaid, Broke, Social Security, Broke, AMTRACK, Broke, The post office BROKE! END O STORY!
simplywine00 1 year ago
@simplywine00 Who cut funding for those programs again...? (since some things don't translate well through text, that one's a rhetoric fella ;) )
ahero4heor 1 year ago
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Obama makes Bush look good
The Obama plan to spread the wealth is very crude as he plays Gulf
Do you really want health care? Bring home our troops DemoRepublicans
Black on Black is not very bright nor was inside WTC ploys on building C and the pentagon.
Wake up take a closer look - Scared to? another conspiracy 700,000+ barrels of oil a day is Obamas weapon of mass destruction - No amount of money in our life time can clean this up
Wake up America is Under siege and you don't even know it
EdisunSolar 1 year ago
obama voted for or signed for every penny of this deficit.period.he owns it.period.grow up.
dirtydesertdog 2 years ago
Obama = One and done!
ObaManure 2 years ago
That's right McCain. Bush nearly took this country and the world down. You are becoming more and more irrelavant.
Time for you to retire if you can't even see
the source of our problems.
pattykad 2 years ago
Liberals suck at math, they can't count higher than 8 when they should try 11 years back when Clinton signed into law the subprime lending forcing banks to give loans to people who could never qualify for them in the first place. The DemoRats planted the seed, and in 2005 the Senate DemoRats blocked a reform bill demanding more oversight of banks! And lets not forget the DemoRats controlled the House and Senate starting in 2006, so it was their bills. And Barry, U voted 4 TARP ignorant Idiot!
chernmax 2 years ago
@chernmax I'm not willing to look these things up, even though I don't remember one of them, but forcing banks to lend is not something a president or senate or congress has legal power for. Loan financing has been due to strong suggestion from presidential advisers and the best economists (might i add that they are not affiliated with government and have reached a consensus on refinancing, while coming from different parties, even though their job asks them to put personal feelings aside.
ahero4heor 1 year ago
@chernmax As far as the house and senate are concerned they're called a filibuster and a veto
ahero4heor 1 year ago
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chernmax 2 years ago
Obama wasn't blaming Bush he was only pointing out the dish of horrendous issues to fix when he took office. Can you deny that? Can you fix 8 years of turmoil in one? Then shut the fuck up.
TreyParkersBitch 2 years ago
So let's just talk about what we want to do, and not actually do anything. Sounds like Obamas agenda...
allbaugh04 2 years ago
@allbaugh04 Were you not paying attention? From what I've been seeing no one wants to work with Obama. We got what we voted for but everyone seems to think they voted for a fairy godmother with a magic wand who'll just wave all our problems away. Everyone wants change, wants reform, wants America to be the way it was but no one wants to pay for it or contribute towards it.
TreyParkersBitch 2 years ago
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barquedust 2 years ago
lol McCain you lost no one gives a shit what you say get your regressive views out of here.
Joe402 2 years ago
I think his opinion still matters since he is still a standing U.S. Senator...fuckin loser
allbaugh04 2 years ago
Most U.S. senators have bad ideas. He is one of those bad senators.
Joe402 2 years ago
No matter what politicians tell you to make you feel better, safer, more united. Just follow the money trail around them to see that most, if not all of them say one thing and then vote/support in a way to back up the large (sometimes foreign) corporations and special interests that funded them into office in the first place. "If you rob Peter to pay Paul..... you can always count on the support of Paul"
Tim
fxloop 2 years ago
Obama is such a whiner. All you ever here is Bush did it. Where's the money and the Jobs mr. bigshot.
09090985 2 years ago
@09090985 Uhh, but, where is all the money? And where are the jobs? Obama isn't the only one who would like to know. :P
LukaHomme 2 years ago
Exactly, where are the results
allbaugh04 2 years ago
watch?v=9qixcv8PT0U
Govhater2 2 years ago
Of course, none of the Democrats were there spending money, including Obama right?
CommonSenseJoe 2 years ago
test
cookiescotthug 2 years ago
what a whiner. He shouldn't have taken the job if he was ready. He's such a failure
09090985 2 years ago
It doesn't take a liberal to use their brain to see that republicans have no memories.....
The day the financial crisis was revealed..McCain was saying...the economy is in great shape...who the fuck was lieing?
beckpod1 2 years ago
The libs will still be blaming Bush at the end of Obama's term. It has gotten to the point where it is laughable........please!
dedebiren 2 years ago
" To understand the State of the Union,
we must look not only at where we are and where we're going but WHERE WE'VE BEEN. The situation at this time last year was truly ominous." "...The INHERITANCE of decades of tax and tax and spend and spend."
R.REAGAN State of the union address 1/26/82
"Last year, Government spending shot up
8 percent.
...we must take a different path."
G.W.Bush first address to congress 2/21/01
mytokens 2 years ago
i blame bush, too.
hobnailrose 2 years ago
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hobnailrose
1 Go to world's most viewed Anti-Obama video - 3 Mill views/8dys /watch?v=c4aQCiRjvZY
2 Obama's perverted abomination of sex with his father in his poem "Pop"
3 He was announced: his election-victory was headlines and on the same front pages the lottery drew the Antichrist's 666
He was damned, jinxed and cursed for all eternity
He can do nothing against that fate and must accept it
Reveal this worldwide to everyone even the furthest reaches and make it known perfectly clearly
Birwapa 2 years ago
when will this country see resposibility instead of the blame game.all you ever see blame blame blame. someone needs to pull their hear from their rectum and take charge period.
midasman68 2 years ago
DOPE AND BLAME
OBAMASTINIAN 2 years ago
Okay, President Obama, so your solution is to increase the deficit higher than the last year of Bush's, still continue in Iraq and escalate the Afghan War (both of which I assume haven't been "paid for"), have a tax cut for some which isn't "paid for", and a proposed new gigantic healthcare bill? That makes no sense at all.
I'm curious at what point this administration will stop blaming everything on the previous president, and quit whining. Bush never did that and he sure could've.
FiendsInRedSatin1 2 years ago
@FiendsInRedSatin1 He could have whined about what? That he inherited a surplus and a country that had never had such a large foreign terrorist attack on its soil?
shalcall 2 years ago 2
shalcall, Bush could have whined about Clinton passing on a chance to take Bin Ladin from the Sudanese, he could have whined about the souring economy he had given to him thanks to the popping of the tech bubble, he could have whined about Clinton not doing something about the festering sore of Saddam Hussein, etc.
Fact is no one forced Obama to be president. He wanted it. Now he's got it. If it is too much, he should resign.
FiendsInRedSatin1 2 years ago
Bush couldn't whine about Clinton not taking out Bin Laden because Bush ended up making the same mistake in Tora Bora. And if I remember correctly, Bin Laden is still alive and kicking and free nine years after 9/11.
He couldn't whine about a souring economy because his solution was to whipe out the surplus we had with regressive tax cuts.
And I'm sorry, what was Saddam doing to us? Weapons of Mass Destruction? I'm still waiting for someone to find them.
shalcall 2 years ago
shalcall, Bush could whine about Clinton not getting Bin Ladin because Bin Ladin was offered to Clinton by the Sudanese governemnt in the late '90's but Clinton wouldn't take him. Why? Because Clinton was obsessed with fighting terrorism through courts.
Yes, he could whine about the souring economy because the tech bubble popped and Bush's tax cuts helped get us out of that.
Saddam shot at our planes constantly. What did Clinton do to stop that?
FiendsInRedSatin1 2 years ago
You must get your news from Hannity or Limbaugh. Please note, they are opinion commentators, not news anchors.
No one can confirm, and Clinton never confirmed that the Sudanese ever offered to give him Bin Laden. Honestly, if they thought he was a menace, why did the Sudanese not arrest him? Moreover, at the time there no one knew of Bin Laden's future crimes, nor did they have any evidence that he had committed any crimes against the U.S.
So please take your revisionist history elsewhere.
shalcall 2 years ago
shalcall, what I say is truth. Clinton himself confirmed it in a speech before a Long Island business group back in 2002. Bin Ladin was a known anti-American terrorist before then. The point is that Clinton was obsessed with fighting terrorists in courts. (You note that he finally got away from that in 1998 with missile strikes, but it was too late. And who is it now how wants to bring KSM to trial?)
Bush could've complained, but he didn't. At what point does Pres. Obama stop?
FiendsInRedSatin1 2 years ago
Wait, Pres. Obama blames Bush for Bin Laden? I've yet to hear him do that.
shalcall 2 years ago
shalcall, what I am pointing out is not that Obama blames Bush for Bin Ladin (at least, not yet) but that he blames him constantly about everything else.
The thing is Obama knew what the job would be like in the campaign and what challenges there would be. If he was afraid that it would be too difficult, he could have given the nomination to Hillary or let McCain have the election.
FiendsInRedSatin1 2 years ago
What you fail to take into account is that he is being blamed for things that he did not do. When Republicans say that he tripled the deficit, they are ignoring the fact the projected budget deficit was tripled before Bush ever left office.
When Republicans say that he's running two wars, they ignore the fact that those wars began before he even entered office.
When Republicans say that the economy is in the shitter, they ignore the fact that it was in the shitter they day he arrived.
shalcall 2 years ago
shalcall, I and others are not saying the economy was in great shape when Obama took over, that two wars weren't going on, or that there wasn't a large deficit. What I am complaining about is Obama's whining about the problems that he inherited. He knew full well what was going on when he ran for president. Furthermore, he is actually racking up an even larger deficit that Bush. (Remember he got more spending passed with stimulus, etc.) His latest proposed budget has a record deficit.
FiendsInRedSatin1 2 years ago
There you go again. What I'm saying is that what you call "whining" is actually him defending himself from GOP lies and/or misinformation. If you watch the Q&A at the GOP retreat in Baltimore, he brings up the "whining" everytime he is blamed for tripling the deficit (which was not his choice) or racking up more debt (again, a necessity, not a choice).
Saying that the stimulus was unnecessary is one thing. Blaming him for the entire deficit of his first year is being disingenuous.
shalcall 2 years ago
shalcall, do you not find it odd how Obama complains about the deficit, the wars, and the drug program of Bush's but then he proposes even more deficit spending, continues the campaign in Iraq and escalates the fighting in Afghanistan, and proposes a gigantic new (and expensive) entitlement in health care reform?
It's nonsensical for Obama to complain about what was awaiting him (something he already knew about) and his solution is even more of the same.
FiendsInRedSatin1 2 years ago
Last I read, he's drawn down the forces in Iraq drastically with plans to have all combat troops out of that country by this summer. He campaigned on ratcheting up the war in Afghanistan (where Al-Qaeda was based), so that's no surprise.
And the entitlement health care reform he is pushing is paid for, so it would not add to the debt. The (nonpartisan) CBO scored it as reducing the debt over the long term.
It's only more of the same if you haven't been paying attention.
shalcall 2 years ago
shalcall, it is more of the same. It's hypocrisy for Obama complain over something and then to turn around and do the same things except much larger.
What happened to all combat troops out in 16 months? What about the thousands of others?
A new entitlement not adding to the debt? Can you tell me the last government program (especially one of this proposed size) that has actually come in on budget? Even the Cash for Clunkers program (a vastly smaller one) couldn't make that boast.
FiendsInRedSatin1 2 years ago
Are you serious? Clearly you don't want to listen. You are not open to facts that don't support your own view. So why bother.
All combat troops out in 16 months? Did you forget the end of that sentence? The one that went, "given conditions on the ground?"
Cash for Clunkers? Really? Of course it didn't come in "under budget," it was STIMULUS spending of which they had to add more money because of its enormous popularity.
Don't bother replying. You're stuck in your failed ideology.
shalcall 2 years ago
shacall, I mentioned "Cash for Clunkers" because it is an example of how inefficient govt. is in estimating program costs. CFC went through the cash that was supposed to last for several months in 6 days. Now you want me to think the same govt. can estimate health care costs?
Obama ran with the impression he'd immediately end the Iraq War ASAP. Instead, he has used a Bush approach of gradual draw down of forces with thousands of troops still to be in Iraq.
FiendsInRedSatin1 2 years ago
@FiendsInRedSatin1 sorry to interject, but the fact is that Obama is the FIRST president to actually try (meaning reasonable effort) everything he said he would. How much actually went through, I can't remember, but all of that in a year or so is great, especially when other presidents, feds, antifeds, jeffersonians, hamiltonians, jacksonians, bull-moose, whigs, democrats and republicans alike, couldn't do in spans of 2 terms and even 3 for Roosevelt.
ahero4heor 1 year ago
@ahero4heor what he's accomplished is quite alarming, specifically he's spending through the roof and has added another entitlement program (ie health care reform) when we have two already in trouble.
You may want to check out the bio for James Polk. I think he ranks as the first (and only) president to keep all his campaign pledges including serving only one term in office.
FiendsInRedSatin1 1 year ago
The blame game has the wrong players. Somehow people are exempting congress from responsibility. Most of the people I talk to are so clueless they think Republican have been running congress for the last three years. As long as the majority of people have no clue as to the cause of the recession there's little chance of it getting better.
warman58 2 years ago
Bush was a socialist like obammy, so of course he should be blamed as well.
okefixico 2 years ago
Can we also blame bush for Fannie mae and Freddy mac being forced via Acorn/Obama to give loans on homes to people who couldnt afford them for the housing bust ?
Bush is probably responsible for the lack of change we havent seen in the last 365 days too.
Just like politicians blame someone else.
spliffsperlunk 2 years ago
BUSH WAS equally at fault for Fanny and Freddy. Google Bush minority housing speech 2002. Here is what he said: "Owning something is freedom, as far as I'm concerned. It's part of a free society, open up the doors of homeownership there are some barriers, and I want to talk about four that need to be overcome. Fannie Mae and Freddie Mac -- I see the heads who are here; I want to thank you all for coming They've committed to help meet the shortage of capital available for minority home buyers.
jensen1901 2 years ago
Avtually Bush Called For Reform of Fannie Mae & Freddie Mac 17 Times in 2008 Aloneyet Dems Ignored these Warnings
spliffsperlunk 2 years ago
By 2008 it was too late.
The Dems and the GOP were both to blame for Fanny & Freddy for the past decade. REad Bush's speech from 2002.
jensen1901 2 years ago
All while Democrats like Barney Frank and Nancy Pelosi were saying that there wasnt anything wrong and that the aforementiond financial institutions were fine and dandy simply because they were explicit.
spliffsperlunk 2 years ago
@spliffsperlunk I will never understand where you idiots formed the idiotic idea that it was the fault of poor people that our housing market was destroyed.
If you see a bum alcoholic on the street and he asks you to borrow $100. Do you lend it to him with the expectation that he's going to pay you back? Would anybody blame the bum for making you $100 poorer?
shalcall 2 years ago
Shalcal your not the only one who doesnt know that Lenders like Freddie Mae and Freddy mack were forced to give risky loans to people who normally wouldnt qualify partially thanks to pettitioning from Acorn and Obama when he was their legal counsel.
spliffsperlunk 2 years ago
FNMA and FHLMC were NOT forced to make risky loans to anyone. This is a right wing propaganda point that is simply untrue. Moreover, it shows complete ignorance about what those 2 GSE's actually do.
BTW, the Community Reinvestment Act (I'm guessing you'll bring this up next) has never forced banks to make loans to anyone. And in fact, when you look at the numbers, the vast majority of foreclosures over the last couple of years have not been CRA loans.
shalcall 2 years ago
Of course Bush deserves a huge amount of the blame! He did everything he could to sink the Country into the worst economic crisis since the Great Depression, and very nearly succeeded. For McCain and all the other republican clowns sitting there stone-faced to imply anything else is just plain laughable.
armyveteran101st 2 years ago
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Excuse me, did he say the government was PAYING for tax cuts?? REALLY?? How is this? Whose money is it?
Sage80 2 years ago
Comment removed
Sage80 2 years ago
Ape Regress
Sage80 2 years ago
sorry McCain trillions in debt well dude it is hard to forget with all the struggle Americans have because of Bush as well the largest debt ever with Reagan which democrat Clinton brought way down to nill and actually saved the country money as well jimmy carter was lower than Bush sr Reagan and G Bush debt out of 5 leaders huge debt was G Bush & Reagan even higher then Bush. Clinton non he saved us money & carter was lower than Bush Sr,G Bush & Reagan. Hard to forget the republican spenders
repubtodem 2 years ago
@repubtodem Don't be ridiculous. The economy was hardly in the shape in 2008 as it was in 2009. You're being an ideologue.
Sage80 2 years ago
GOP rewards American Corps that outsource the Jobs with Tax Breaks. Banks that fund these Corps are Bailed out. They hate Unions that in any government raise the standard of living for its employees and others who compete for competent employees.
Just wait, infrastructure is an investment and will create jobs. Also Research will create jobs.
GOP borow from the future for their stimulus, unfortunately bills come due eventually.
lewislwood 2 years ago
Is that what he said? Any lips reader watching this?
whturschoice 2 years ago
Say it RIGHT! GO OBAMA!
archangelvvv 2 years ago
Bush gave the wall st money with no strings attached. Obama gave them loans, thats the difference between bush and Obama. But where was the right wing nut jobs when bush was giving money away. On their knees sucking up to bush.
disturbed341 2 years ago
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Please contribute to the relief effort in HAITI..
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foreverAstrid 2 years ago
Barak-Hussein-Obama...
He said "wuzz-en-me"...
And every time he gives a speech Chris Matthews has to pee...
mmmmm...mmmmm...mmmmm
sushinibbler 2 years ago 2
President's SOTU: "Wuzzenme."
sushinibbler 2 years ago
He will be blaming Bush in 3 years when this is a 3rd world country.
bigdogsdontbark 2 years ago
Thats what obama does best blame others for his lack of experience
newBelGum 2 years ago
didn't Obama vote for all this outrageous "Bush " spending? HMMMMMMMM.....just a thought....
Panchee123 2 years ago
@Panchee123
watch again idiot
donhector87 2 years ago
Did he? Prove it
allbaugh04 2 years ago
Awesome. CAn't wait to kick Big Ears and his tank-assed wife who looks like Warf from Star Trek out of the Brown House in 2012.
monez14 2 years ago
well, it's the fault of Bush. EVERYTHING!
jakely8 2 years ago
"thee ol' blame it on bush " -------- lmfao, fuck you mccinsane loser
joes805 2 years ago
What a fraud!!
Con Law professor may want to retake his high-school civics class. Congress passes budgets, not the President, and the last THREE budgets came from Democrats. In three years, they increased annual federal spending by $900 billion. Obama served in the Senate that passed those bills, and he voted for every Democratic budget put in front of him.
Hell, even the AP points out 10 factually false statements from the Speech.
Joke of a President!
klim8hokes 2 years ago
How many quagmires, deaths, and blown treasure would Bush have to cause for McCain to hold him accountable?
eelzen 2 years ago
Comment removed
bpfarnan 2 years ago
I wonder why McCain didn't want to be seen with Bush during the election.
what could it be?? uhmmm..
eye7view 2 years ago
eye7eye, cuz Bush was unpopular. Duh.
Wonder why the Dem party is way down in the polls now?
jimmmmie 2 years ago
Math is Hard.
ajadog 2 years ago
Boy, this is a stretch, to think that's what McCain actually mouthed
Makes no difference: the next president can blame the upcoming 12 trillion debt on Obama
ToddonCapeCod 2 years ago 3
It is $14.3 Trillion as of today. The Dems just raised the debt ceiling by $1.9 trillion. We have 3 more years of Obama and the debt will of course be higher than this
NCMan28025 2 years ago
The most important thing is: the economy can't be influenced the way Obama apparently believes it can.
And I remember, the actual deficit when Zero took over was barely 500 billion, not 1 trillion. The trillion is his work. Incompetence your name is Obama.
The mess can be fixed easily: less spending. And keep the politicians from meddling with the economy. They only mess it up anyway. They only make things worse. And remember: as politician, you need no training in anything.
higuma75 2 years ago 3
2008 - $459 billion deficit in Bush's last year. Obama claimed $3 trillion. Then Obama and the Dems spent over $4 trillion in 1 year/3 months. Obama is a flat-out compulsive liar. It is proven time and time again.
NCMan28025 2 years ago
Obama approved every penny spent in fiscal 2009 either via his votes in the Senate or his signature as President.
Obama's bullshit is the only thing transparent in his Administration.
klim8hokes 2 years ago 3
Right on!
MacGirvan 2 years ago
Don't think Obama could tell the truth if his life depended on it. Excuses, excuses, excuses.
Tobias2012 2 years ago
actually, i think he said "Lyns, can you pass me a new diaper"
HuxleyWasRight 2 years ago
i think the wars and economy are bush's fault, i remember in november 2008 the economy was bad
LLORT3 2 years ago
Who voted to let Bush partake in these two wars? Both parties did. The economy didn't start to slide until 2007. Who took control of the House and Senate in 2007?
NCMan28025 2 years ago
true, but i think it is hilarious to see americunts blame obozo for the recession
LLORT3 2 years ago
He was part of the Senate and voted for the bailouts. So Oblahblah shares the blame. I'd like to see every politician who voted for the TARP bailouts & the Stimulus get the boot.
NCMan28025 2 years ago
i think the bailouts and stimulus were the right thing to do. very unpopular but the right thing, they saved your country from destruction and many more layoffs in the public sector.
i think obozo only shares the blame on things he can control, but it is laughable to blame him on the economy as aggregate, seeing as he was not in charge, bush was, during the 8 years of deregulations and tax cuts for the rich that caused the recession in the first place!
LLORT3 2 years ago
@LLORT3 Tax cuts did not cause the recession. This is absurd. The recession was caused by the housing bust. Not by Americans keeping more of their paycheck. Go drink your kool-aid.
Sage80 2 years ago
nah, the housing bust was caused by deregulation and tax cuts for the rich, paid for by the middle class homeowners.
read your history champ.
LLORT3 2 years ago
Your history is obviously written by Paul Krugman. The whole "tax cuts for the rich" is just a leftist tactic to spur class envy, when in fact everyone's taxes were cut. Add "...AND poor" to the end next time.
And how are TAX CUTS paid for? You don't PAY for a tax cut. People getting to keep their money is not a form of payment by the middle class, or anybody. Who does the money belong to?
Sage80 2 years ago
at least i am not reading revisionist history that claims the last 8 years of deregulation and redistribution of wealth from the middle class to the rich (and then to thin air) didn't happen.
i think wealth should be redistributed back to the middle class, just like it was during the progressive 1990s.
let's not pretend that the last 9 years were wasted by Bush and Obozo's regressive tax policies.
LLORT3 2 years ago
oops: weren't, not were.
ugh. u know wut i mean :)
LLORT3 2 years ago
Obama voted on these budgets too.
Budgets are the result of congress! Bush didn't veto it, and no doubt, he can be criticized for allowing and asking for tons of spending. But at the time, didn't the democrats repeatedly complain that Bush and the GOP (every year) were not spending enough on their pet projects? Even if they froze the spending and didn't allow an increase, the Dems would call that a cut. this famous fuzzy math. Anyway, Obama was there, and he voted yes.
DTownzz 2 years ago 4
Fuck Obama. The guy is an idiot.
ODshadowkat 2 years ago 5
On March 14, 2008, then Sen. Obama voted in favor of the 2009 budget which authorized $3.1 trillion in federal outlays along with a projected $400 billion deficit. The 51-44 vote that morning was strongly along party lines with only two Republicans saying "Yes."
Then Sen. Obama, Joe Biden, Rahm Emanuel, and Hillary Clinton all voted for the budget.
How is this possibly something that happened before Obama "walked in the door"?
OxyConservative 2 years ago 3
oxy, it's not Obama's fault. No one reads that stuff anyway. Bush is an easy target. Let's blame him for this too.
DTownzz 2 years ago
why'd they stop the video there? If they go a bit longer, he leans over and says it more clearly. I saw "blaming bush" the second time around, then the camera panned past Lindsay Gramnesty. See if you can find a longer video of that moment. Juan clearly says "blaming Bush" or "blame it on bush"
pricetastic 2 years ago
the "juan" "gramnesty" shit is getting old too.
clemtoe 2 years ago
"blame it on bush" is what obama was doing, and, yes, as another poster said, shit is getting old.
but i'm not sure that's exactly what mccain said, i don't think there's any way to know exactly what mccain said, i don't care what mccain quietly uttered to his colleague from the audience during the sotu, and the fact that the progressive nutroots does care so jealously and obsessively shows how fucked in the head they are.
progressives are actually documenting "facecrime" now.
clemtoe 2 years ago 2
the progressive officiate claim they can't operate legislatively without a minority-proof majority. the progressive grassroots will not tolerate legislative results which are the product of pluralistic compromise.
progressives are totalitarians. they hate pluralism.
clemtoe 2 years ago
ok, please explain to me were I am wrong...
1. The economic crash started under the Bush administration.
2. Even if you take the most conservative approach as to why the economy crashed and blame it entirely on Fannie and Freddy. You still need to explain why the GOP lead congress and the GOP lead president didn't do anything to prevent it. (in fact Bush once commented on how he wants all Americans to own a house)
3. The autobailouts started under Bush
4. TARP was pasted under Bush
thequietkid10 2 years ago
the congress hasn't been "republican led" since 2006. calls from the republican minority to put the brakes on fannie and freddie were shouted down as "racist".
the crash is a great bit more complicated than just irresponsible lending and much of the irresponsible response came from bush's pen. you'll hear no silence from conservatives on that point.
bush inherited an economic crash from clinton. i wonder where you placed the burden of responsibility then?
clemtoe 2 years ago 3
partiucularly since we don't have to remember back that far to witness the shameless cynicism of progressive astroturf groups, for whom the bank and auto bailouts were corporate wellfare and reckless spending on jan. 19th, 2009, but became necessary job-saving, reconstructive measures on jan 20th, 2009, and who now consider a token freeze on 8% of the federal budget a betrayal of their loyalty. who's crying crocodile tears here, really?
clemtoe 2 years ago
and it's telling that you had nothing to protest of my actual point - that there's something creepy and implicitly totalitarian in the way that progressives are monitoring people's faces for evidence of thoughtcrime.
clemtoe 2 years ago
@clemtoe Under clinton, especially when it came time to leave office, the economy was at a high point with the debt at its lowest point in about 40 years.
ahero4heor 1 year ago
@ahero4heor exactly the opposite. in march of 2000, when clinton was about to leave office, the dot-com bubble burst and the nasdaq crashed, begining the 2000 recession. clinton's final budget projected a deficit of $133bil. i notice you avoided the false claim about a "surplus". nonetheless, this budget deficit was as low as it was for two reasons: 1) borrowing from peter (social security) to pay down paul (extra-governmental debt), and massive tax increases.
clemtoe 1 year ago
the boom which clinton's presidency was coincidental with was entirely due to the phenomenon of microcomputing and the internet. it busted. neither the boom nor the bust had anything to do with clinton, but that did not prevent progressives from trying to hang it on bush, who had not even won the election when the recession cycle began. there were a lot of things like that - virtually everything clinton had tabled, from arsenic levels in groundwater to u.s. membership under the kyoto treaty...
clemtoe 1 year ago
...magically became bush's dirty deeds in progressives' deranged screeds in the op-ed pages of the nytimes and the like.
clemtoe 1 year ago
also, and i know this is really serious business from my recollection of the bush presidency, clinton often mispronounced the word "nuclear".
clemtoe 1 year ago
but, getting back to the video which is supposedly the topic of discussion here, isn't it just a bit fuckin' creepy that progressives are monitoring for and documenting instances of "facecrime"?
progressives spent the bush years claiming that dissent is the highest form of patriotism. now that they are in power, they have sought to classify dissent as a form of terrorism. and here we see that simply muttering a few words of barely audible commentary to the guy sitting next to you is a crime.
clemtoe 1 year ago
@clemtoe LOL you're right!
joe035 1 year ago
All Obama did in terms of major spending was the Stimulus package. Which has admittedly failed, just like the Bush "tax rebate" stimulus which amounted to a welfare check to all.
thequietkid10 2 years ago
On March 14, 2008, Sen. Obama voted in favor of the 2009 budget which authorized $3.1 trillion in federal outlays along with a projected $400 billion deficit. The 51-44 vote that morning was strongly along party lines with only two Republicans saying "Yes."
When the final conference report was presented to the House on June 5, not one Republican voted for it.
This means the 2009 budget was almost exclusively approved by Democrats,
ufbret 2 years ago 4
And, we can make things even worse than Bush.
YES WE CAN!!!
jcruenv 2 years ago
tinyurl [dot] com/yjg4tsw
jcruenv 2 years ago
Good one Think Progress...
He might have said "blame it on"
But the last word is not "Bush" ...
It's 2 syllables at the end..watch it
Speakmymind02 2 years ago
But he is just playing to the few remaining retards who still support him.
They lack the intelligence to ask what was Barry before they elected him President? How did he vote on these mysterious bills which "bankrupted" the nation? And since he was elected in 2006 on the wave of people getting rid of Republicans who had become too liberal, does anyone remember Barry EVER fighting for any cuts in spending?
All anyone can find is Obama blasting Bush for not spending more.
SCMtns66 2 years ago 6
Worst President and Man to ever hold the Office in History.
SCMtns66 2 years ago 10
That's ridiculous to say right after Bush II. And Clinton even committed perjury before a Federal Grand Jury, which he's expressly forbidden by his oaths to do since he's sworn to uphold the laws of the country! Reagan exacerbated much of the racial strife in America. Carter was too weak to take seriously. Ford pardoned a felonious Nixon who organized a felonious conspiracy. Johnson abused dogs. Kennedy was a drug addled sex fiend. Ike got us into Vietnam. Truman killed 100k+ Japanese!
Biswalt 2 years ago
New Agency Proposed to Oversee Freddie Mac and Fannie Mae
Published: September 11, 2003
The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.
''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee.
growapair 2 years ago 5
Same people that blame 9/11 on Clinton.
MendingMedia 2 years ago
Shit is getting old.
LiberalHuntingSeason 2 years ago 9
When Bush was appointed president by the supreme court I gave him 6 months to destroy the Clinton economy - it took him 8 years but at least he did it. De-regulating Wall street and giving rich people their tax money back during wartime helped a lot.
LODGE4444 2 years ago
It took Obama weeks to destroy this country for generations with his idiotic failure of a stimilus, which has put us in a hole a miracle worker would have a hard time getting us out of.
But keep blaming Bush guys. Where's that less than 8% unemployment TheOneTermer promised?
ariesvids 2 years ago 7
@ariesvids
He didn't "promise" any such thing. He said that 8 percent unemployment is what their studies concluded would be the result if his policies were implemented. This is such a nonsense talking point, but I'm not surprised the right keeps bringing it up.
By the way, McCain would have implemented a stimulus plan had he been elected. Any President that would not have would have been criminally negligent.
btcubs 2 years ago