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<blockquote data-quote="vantexan" data-source="post: 1053746" data-attributes="member: 24302"><p>I think 59 Dano addressed that issue well. But at some point Obama has to take responsibility. It was he who ran up huge deficits that haven't improved things very much and ultimately may have the effect of shutting down Social Security. Servicing the interest on huge debt leaves a lot less to pay for everything else, and as the debt increases that situation will only get worse. Free stuff isn't really free, someone has to pay for it. We need to get away from unearned entitlements and put people back to work. There's an excellent article in Friday's USAToday that addresses the challenges business faces in this environment. And USAToday isn't right leaning but I've noticed they've tried hard in the last few years to take a centrist position. </p><p></p><p>And I should point out that I've never said Bush had nothing to do with it. His administration certainly played a part, as well as a number of prominent Democrats. Bush actually warned against the loans to unqualified applicants, which was pushed with a lot of pressure on banks by Democrats Dodd and Frank. With a lot of help by Fannie Mae and Freddie Mac, who's executives were making millions. There are other big players too, some, like Goldman Sachs, of which are big contributors to the Democrat Party and Obama. It's easy to just point fingers at the then President, but if you don't want to be accused of hypocrisy you've got to include ALL involved. The question is, can the current administration lead us out of this morass? Obama demonized the opposition in his campaign, but what will HE do different the next 4 years that will improve on what he did the last four? Give away more money to prop up government unions? Enroll more people on welfare? Higher taxes? See you in 2014 for the mid-terms!</p></blockquote><p></p>
[QUOTE="vantexan, post: 1053746, member: 24302"] I think 59 Dano addressed that issue well. But at some point Obama has to take responsibility. It was he who ran up huge deficits that haven't improved things very much and ultimately may have the effect of shutting down Social Security. Servicing the interest on huge debt leaves a lot less to pay for everything else, and as the debt increases that situation will only get worse. Free stuff isn't really free, someone has to pay for it. We need to get away from unearned entitlements and put people back to work. There's an excellent article in Friday's USAToday that addresses the challenges business faces in this environment. And USAToday isn't right leaning but I've noticed they've tried hard in the last few years to take a centrist position. And I should point out that I've never said Bush had nothing to do with it. His administration certainly played a part, as well as a number of prominent Democrats. Bush actually warned against the loans to unqualified applicants, which was pushed with a lot of pressure on banks by Democrats Dodd and Frank. With a lot of help by Fannie Mae and Freddie Mac, who's executives were making millions. There are other big players too, some, like Goldman Sachs, of which are big contributors to the Democrat Party and Obama. It's easy to just point fingers at the then President, but if you don't want to be accused of hypocrisy you've got to include ALL involved. The question is, can the current administration lead us out of this morass? Obama demonized the opposition in his campaign, but what will HE do different the next 4 years that will improve on what he did the last four? Give away more money to prop up government unions? Enroll more people on welfare? Higher taxes? See you in 2014 for the mid-terms! [/QUOTE]
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