Showing posts with label fiscal irresponsibility. Show all posts
Showing posts with label fiscal irresponsibility. Show all posts

Saturday, August 27, 2011

o'absent - When called he went AWOL. Now he blames Bush! (Housing Crisis Timeline, 2008 video 4m)

And, guess which Junior Senator absented himself from voting to regulate the looming housing disaster.  Partisan politician, even if it'd collapse the market!  Vote him and all the 'business as usual' incumbents out on Tuesday, November 6, 2012.  See Wikipedia for updated Electoral College info.-- rfh
From: burd Sent: Saturday, August 27, 2011 Subject: Via Canada


This video clearly shows that George Bush warned Congress starting in 2001, that this economic crisis was coming, if something was not done.  But Congress refused to listen, along with the arrogant Congressman, Barney Frank.  This video says it all.



Uploaded to Youtube by  on Sep 24, 2008
  







United States presidential election, 2012
United States


2008 ← November 6, 2012
→ 2016






? ?
Nominee TBD TBD
Party Democratic Republican

Proposed Electoral College 2012.svg
Electoral College map for the 2012, 2016, and 2020 elections.



Incumbent President:  Barack Obama, Democratic
"The Bush Admin and Senator McCain warned repeatedly about Fanny Mae and Freddy Mac and what thus became the 2008 financial crisis -- starting in 2002 (and actually even earlier -- in the Clinton and Carter White Houses.)   Democrats resisted and kept to their party line, extending loans to people who couldn't afford them -- just like you would expect of socialists.   See our web site for more."  http://www.proudtobecanadian.ca & http://www.proudtobecanadian.ca/index/category/the_liberal_left_ruining_the_free_market_capitalist_economy/ & http://www.proudtobecanadian.ca/blog/index/writergroup/9391/

Friday, August 26, 2011

o'bamanomics - Debt Analysis Chart

"The national budget must be balanced.  The public debt must be reduced; the arrogance of the authorities must be moderated and controlled.  Payments to foreign governments must be reduced, if the nation doesn't want to go bankrupt.  People must again learn to work, instead of living on public assistance."-- Marcus Tullius Cicero, 55 B.C. (quotes: http://harrold.org/quotes/quotesonly.html)

America's debt stands at $14 trillion.  That's the same as your family making $20,000 a year but spending $37,000 and putting the difference of $17,000 on a credit card on which you already owe $144,000.   Now just add 8 zeroes [..000,000.00]  and you can see we don't have much time left before America defaults on its loans.   This week's index is 82.3% - and the "collision date" is 4/11/12.
( If your email works with javacript, you'll see the graph displayed.  Otherwise, to see the graph, visit: http://debtwall.org/the-debt-wall-index/ )