I just hate the idea that once a person criticizes the GOP, automatically their "independence" is called into question.
I'll wait for the results rather than the rhetoric
Budget deficits are created when the revenue (taxes) is less than the spending. We are currently in recession, so the income taxes are low.
Read the budget report and then get back to me, it is 62 pages vs. the 2000+ page stimulus and healthcare bills and has summaries. We have three equal branches of govt. and contrary to Schumer it isn't the House, Senate, and the President but instead Congress, Judiciary, and the President. No President creates any deficits without Congressional approval. This budget is something that has been long overdue and will provide Obama with his liberal talking points on his candidacy. We shall see which direction the country wants to go.
'Technically', the three branches are generally referred to as the Executive, Legislative, and Judicial.
Reading comprehension problem? I didn't say TARP wasn't created by Bush, Economists claimed that TARP kept us out of Depression. Yes, Bush created and signed TARP, October 2008, 700 billion of which Bush spent 350 billion and left 350 billion for Obama
How did Obama vote on the legislation? He had a choice to spend the 350 billion left him by Bush
Where did the repayment of TARP go? Most of TARP has been paid back, where is the credit to the Treasury?
I am simply pointing out that Wall Street supported Obama more than McCain as the Campaign Finance Commission will show and that is contrary to the view here by many who claim that Wall Street supports only Republicans.
I am really worried about your reading comprehension. You are proving to be a typical Obama supporter
Economists claim that TARP bailed us out and TARP was Bush's. I didn't support TARP but Bush signed it and Obama supported it.
First off, my reading comprehension level is very good, thank you. But of course, any time you're losing an argument your fall-back seems to be personal attacks. It's part of your "deflection" MO....PREDICATABLE! Regardless, you said:
Thus, it would seem YOU'RE the one with the reading comprehension problem because you made two accusations in one statement, i.e., "Economists 'claim' that TARP bailed us out"...AND..."TARP was Bush's".
Who has the reading comprehension problem now? But I digress...
It's not a claim that Bush initiated TARP. IT IS FACT!
As far as where the repaid TARP funds went, I can't answer that one for directly, but perhaps the answer(s) you seek can be found on any of these three websites:
Tracking the TARP - Old data, but a good starting point that outlines how TARP funds were prioritized.
What You Haven't Heard About TARP - provides detailed and the most up-to-date information on TARP directly from the Treasury Department.
U.S. Office of the SIGTARP : Reports - The government's official TARP website which provides numerous reports concerning TARP, including quarterly reports submitted to Congress (last report, Jan 2011).
That's all I got for now. Happy reading!
Good, I think he will have my vote.
Obama is rope-a-doping the left.Wonder how many Obama supporters will be attending rallies around the country for Obama carrying signs that read:
Vindicating Guantanamo
Eric Holder adopts the Bush anti-terror architecture
Obama is rope-a-doping the left.
According to you, it was spending the 2nd half of the TARP funds.Name for me what Obama did to bring us back from the brink of a depression as he claims?
Isn't it better to see who the candidates are before deciding?You think? If you don't know by now...well maybe you shouldn't vote for him.
According to you, it was spending the 2nd half of the TARP funds.
That's what you said. You said economists credit TARP with saving the economy and you credit Obama with spending half of it. Seems to me that according to you, Bush and Obama share the credit for saving the economy.You mean the Bush TARP funds that Bush left for Obama to spend?
That's what you said. You said economists credit TARP with saving the economy and you credit Obama with spending half of it. Seems to me that according to you, Bush and Obama share the credit for saving the economy.
Obama has already won the election. The GOP have NO ONE decent to beat him. It sucks. Out of how many people in this Nation we cant find one good person to run for President!
I'm amused at how aggrevated Conservatives get because Obama plays golf.Ok, Obama spent 350 billion of the TARP fund that Bush created, got passed, and signed. We all know that Obama is good at spending money, too bad he isn't nearly as good at leading. Looks like his golf score is improving though. Seems that when Obama claimed he brought us back from the brink he left out Bush's name for credit.
I'm amused at how aggrevated Conservatives get because Obama plays golf.
I like what the Republicans say about smaller government and decreasing the budget. But their record since Reagan is higher deficits, and bigger government.
I think you are correct, it doesn't matter who the Republicans pick, he/she will lose. That's why there is such reluctance for anyone to throw their hat in the ring. The Tea Party will push whoever the candidate so far to the right, he/she won't have a chance.Why would anyone put their family through the scrutiny and 24/7 beating that the media is going to give them for taking on Obama? My bet is if the numbers stay as they are today it won't matter who the Republicans run. I see no reason for any Republican to announce now and instead just let Obama continue to hang himself.
With all due respect I think you are nuts and still have a reading comprehension problem, I have stated that TARP was Bush's and I also stated and rightly so that economists claim that TARP kept us out of a depression. What part of both of those don't you understand? What a crazy argument here! Name for me what Obama did to bring us back from the brink of a depression as he claims?
Again, I'm reading you very clearly. Instead of acknowledging that TARP did, in fact, keep us from going into a depression you fall back on "claims" made by others. See the difference here? But atleast you've finally acknowledged that TARP was Bush's baby and not Pres. Obama's. You win brownie points for that admission. Well Done!
As to your counter-argument, "What has Pres. Obama done to bring us back from the brink of a depression?", you have links to websites I've provided that contain all relevent up-to-date information on TARP (post-Bush) which, in conjunction with the ARRA, helped keep this country from experiencing another depression. We still have a long way to go, but anyone who still doubt the effectiveness of TARP and the ARRA are just in denial.
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