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Old 7th October 2008, 16:12   #1 (permalink)
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Default Stand up and take responsibility!!!

At the moment, the current state of the world's economy has a lot of people concerned. There are a large number of retired people in this country (USA) that have watched their investments shrink to a point where they are beginning to think they'll not have enough income from them to live on.

The blame game is in full swing. The Democrat Party faithfuls have been quick to place the entire blame on President Bush and Republicans. The truth be known, however, the current "crash" can be traced back to the 1970's and the Carter Administration and "The Fair Housing Act.," and compounded by actions taken by President Clinton and Democrat members of the congress with the Community Reinvestment Act. Especially Rep. Barny Frank and Con. Senator Dodd.

Two good sources for the facts surrounding the current economic situation are: (Google: Boston.com - Jeff Jacoby - article entitled: "Frank's fingerprints are all over the financial fiasco." And the other one is a utube video at: utube video .

This is a rather lengthy video. Take a few minutes and watch it all the way to the end. It is factual in that every statement and allegation can be completely backed up by official US Government records.

I don't know about you guys, but I am so angry at all of the members of our current government, I would, if I could, throw all of the bums out. Beginning with everyone responsible for this situation and severely punishing the guys on wall street and in the mortgage industry for their part in causing this world wide economic crash.

As one of our commentators says: "Let your heart not be troubled, the truth will come out!"
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Old 7th October 2008, 18:38   #2 (permalink)
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Default Re: Stand up and take responsibility!!!

Yes, the economic disaster here is very troubling. I have most of my adult life considered myself a moderate, I usually vote for what and who makes sense (often very challenging) and have voted for both sides. As of late, I have been leaning a lot more to the left, mainly because the current administration has been a complete disaster for this country.

Yes, we cannot blame all of this on GW, but one thing that I did see recently that was alarming, was the national debt clock, it has had its significantly fastest periods of growth, in fact most of its growth has occured during two administrations: Reagan and GW. This is from a party that claims to be against big government and big spending.

But alas, I really don't like to get into politics, and I really don't like to play the blame game. I think the two party system in this country is a joke, both parties are too far into the extremes and rarely meet in the middle, and that along with greed and corruption (not blaming one party) I think is the root of 90% of our current issues. So no, I don't blame anyone, even GW (as hard as that is for me to say).

Hoping that doesn't start a flame war, I have always tried to stay in the middle, but had to make a bit of a left sounding post there.
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Old 7th October 2008, 19:16   #3 (permalink)
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Default Re: Stand up and take responsibility!!!

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Originally Posted by Bubba136 View Post

The blame game is in full swing. The Democrat Party faithfuls have been quick to place the entire blame on President Bush and Republicans. The truth be known, however, the current "crash" can be traced back to the 1970's and the Carter Administration and "The Fair Housing Act.," and compounded by actions taken by President Clinton and Democrat members of the congress with the Community Reinvestment Act. Especially Rep. Barny Frank and Con. Senator Dodd.
PLEASE: Leave politics out of this forum, at least this section. This is OFF TOPIC!

But to add my opinion to this:
Are you listening too much to talk radio? Didn't I just hear this from Mark Levin a couple of weeks ago? He is a smart guy, and that's why I listen to him, but he does just what he blames others for: his and many other talk radio shows are pure propaganda. I only listen to it because I want to hear all opinions and not only what the other side says about it (other side is what they call "drive by media"). But that doesn't mean that I believe more in talk radio than in CNN.
Assuming this talk radio comment is right - don't forget that it were the greedy bankers who actually brought us into this mess - neither Bush nor Carter nor Clinton. The latter might have opened the doors, so this may happen, but it takes bankers and others in charge of mortgages and money to actually do it.
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Old 7th October 2008, 19:17   #4 (permalink)
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Wink Re: Stand up and take responsibility!!!

Did you not mean: stand up in your high heels and take responsibility?
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Old 7th October 2008, 21:23   #5 (permalink)
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I think the two party system in this country is a joke, both parties are too far into the extremes..
Really? With one right wing, and one extreme right wing party?
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Old 7th October 2008, 21:37   #6 (permalink)
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PLEASE: Leave politics out of this forum, at least this section. This is OFF TOPIC!
What do you mean this is off topic for this thread? Read the banner head.
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Old 7th October 2008, 22:12   #7 (permalink)
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Really? With one right wing, and one extreme right wing party?
Haha, yes from a Swedish point of view, I can fully understand your point. Compared with the dominant political parties in your country, the two parties we have would seem pretty far out in right field. (all good fun, I hate the current state of politics in this country anyway)
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Old 7th October 2008, 22:56   #8 (permalink)
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Default Re: Stand up and take responsibility!!!

As citizens of the United States, we take pride in our system of government because of the many checks and balances that we supposively have in place. This means that our system of government is a citizen powered machine. We can't sit back and depend on everything to run they way we expect it to. It runs the way those who are active in it tend to be.

Unfortunately, there have been those who are driven by greed and are of questionable integrity, in these overseeing positions. They failed to check and sufficiently disclose the damaging practices many businesses were engaged in while these businesses dealt with the wealth in our world economy.

So, if we want to straighten this mess out, we have to get involved in our governmental process, making sure the right people are going to be dependable in doing the business of running our government.
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Old 8th October 2008, 03:21   #9 (permalink)
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What do you mean this is off topic for this thread? Read the banner head.
Come on - it was you who posted this in "For Everybody" - not in "General Chit-Chat" where the moderators moved it now.
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Old 8th October 2008, 04:04   #10 (permalink)
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Come on - it was you who posted this in "For Everybody" - not in "General Chit-Chat" where the moderators moved it now.
sorry 'bout that!
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