Obama spanks Wall Street.

[TGRR]

Originally Posted by TheMercenary

You know I would buy into that TGRR if the Demoncrats did not control Congress and the purse strings for the last 2 years.

Oh, yeah...and the 5 years before that was full of angelic choirs singing, and the apotheosis of clean government and fiscal responsibility.



And all of our current financial difficulties started in January of 2007, rather than starting in the Carter administration, and carried on since then by both parties in all 3 branches of government.

Silly me. I forgot that the GOP is where all the honest politicians go.

Har har!

Originally Posted by TGRR

And all of our current financial difficulties started in January of 2007, rather than starting in the Carter administration, and carried on since then by both parties in all 3 branches of government.

I personally think it started with Reagan supply side ("voodoo" - GHW Bush) economics and deregulation (remember the $billions S&L bail out) and exacerbated by Clinton and the Republican Congress and further banking deregulation in the late 90s when the budget was getting fat and the economy was on a roll.

And then six more years of supply side economics and deregulation with virtually no Congressional oversight....while at the same time, paying for a $hundreds of billions (off budget) for an unprovoked war.

What I find most fucked up of all is that at the base of the Republican alternative stimulus package is more failed supply side economics and the "free market will fix itself" (deregulation) proposals.