reply to post by Dodecahedral
If you really believe that the current financial crisis is the result of excessive spending by President Bush and Congress over the past eight years,
then you show a complete lack of understanding of not only the U.S. economy, but also the crisis itself.
The situation we find ourselves in right now is the result of YEARS and YEARS of politicians, mostly on the left, exerting their influence on banks
and legislators to give home loans to people who otherwise would never get them. They felt that in addition to life, liberty and the pursuit of
happiness, that EVERY American had the right to own a home regardless of their ability to afford it. This is just one cause of the problem, but it is
certainly the catalyst for the situation we find ourselves in right now.
Anyone who knows anything about political science and the Executive Branch will tell you that an American president has little to nothing to do with
the economy improving or declining, especially during their time in office. And while I do fault Bush for his excessive spending, I also must point
out the complicity of congress, which I feel that you do fall short in doing. Remember, President Bush can only give his requested budget to
congress. It is up to congress, in this case a democratically-controlled congress, to support it or butcher it. Clearly they had no problem with his
spending because they approved it time after time, often adding spending of their own. However, according to the Messiah Barrack Obama, pork barrel
spending only amounted to something like $17billion dollars last year, which is relatively nothing in the grand scheme of things.
Of course President Bush is going to be among, if not THE, biggest spenders in US history... he is funding TWO WARS!! He's also attempting to
rebuild a military that was gutted by the Clinton Administration. Additionally, we were attacked on 9/11, and the American people demanded changes
and improvements in our homeland security, our intelligence gathering methods and departments, etc., etc. It makes perfect sense that President Bush
would be the biggest spender in history. In fact, I wouldn't expect anything but.
Try putting things into perspective before you jump on the Bush-bashing bandwagon. While he is not innocent in this thing, he is certainly not the
real cause of it. In fact, the real blame lies with us, the American people, and the idiots we continue to elect and send to Washington, and the Wall
Street cronies that they appoint to key financial positions in the federal government where they reward all of their buddies in their former