For about the first six years, the economy was fine. A little over one year ago:
- Consumer confidence stood at a 2½ year high
- Regular gasoline sold for $2.19 a gallon
- The unemployment rate was 4.5%
- The DOW JONES hit a record high: 14,000+
- American's were buying new cars, taking cruises, vacations overseas, living large!
Americans wanted 'CHANGE'!
So, in 2006 they voted in a DemocraticCongress and yes--we got 'CHANGE' all right.
In the PAST YEAR:
- Consumer confidence has plummeted
- Gasoline is now close to $4 a gallon
- Unemployment is up over 5.5% (a 10% increase)
- Americans have seen their home equity drop by $12 TRILLION DOLLARS and prices are still dropping
- 1% of American homes are in foreclosure.
- Banks are failing
- And as I write, stocks are probing another low
$2.5 TRILLION DOLLARS HAS EVAPORATEDFROM THEIR STOCKS, BONDS & MUTUAL FUNDS INVESTMENT PORTFOLIOS!
YES, IN 2006 AMERICA VOTED FOR CHANGE...AND WE SURE GOT IT!
KEY POINT: THE PRESIDENT HAS NO CONTROL OVER ANY OF THESE ISSUES, ONLY CONGRESS DOES.
WHAT HAS CONGRESS DONE IN THE LAST TWO YEARS TO PREVENT THIS?
ABSOLUTELY NOTHING!
NOW THE DEMOCRATIC CANDIDATE FOR PRESIDENT, ALONG WITH A DEMOCRATIC CONGRESS, CLAIMS HE IS GOING TO "REALLY GIVE US CHANGE!"
HOW MUCH MORE 'CHANGE' DO YOU THINK YOU CAN STAND?
Posts
4 comments:
Hey buddy, can you spare a dime? That's the kind of change we wont get from the Reps.
There is WIDE AGREEMENT that the current economic mess is largely due to the fact that the financial institutions that have us all by the balls were able to make some very poor (and greedy) decisions because of the lack of any real accountability (ie: government was "off their backs"). Deregulation is a basic republican principle. It didn't and doesn't work. Personal responsibility (those folk shouldn't have taken out those loans)? OK, fine, what about corporate responsibility. How many CEO's got rich screwing the rest of us? $700,000,000,000 needed to "rescue" them? Y.H.T.B.F.K.M.!
What if we had taken W's and the Reps idea and put Social Security funds into the market? The dow has lost ONE THIRD of its value in the last year! Yeah, that would have been good.
W presided over the last 7.5 years of unfettered capitalism-with NO ACCOUNTABILITY. Let the market decide? The market, and its minions, have proven that their decisions benefit ONLY THEM.
Yeah, I could use a change--and so could you.
So, you "filter" the responses now?
No "filtering" of comments. Any comment that is in good taste and relevant to the subject is approved.
Some people with mal-intent try to disrupt blogs, therefore to prevent this, I look at all entries prior to them appearing. Makes good sense, don't you think?
/r
it does
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