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  1. Short term memory loss? Think back to the election when McShame the Liar had to interrupt his campaign to rescue the economy. That was 2008, dude. It had been going South for quite awhile before that.

    Comment by Auntie Dogma — January 7, 2011 @ 3:36 pm - January 7, 2011

  2. Bush instigated two wars, cut taxes and was handing money hand over fist to his religious right buddies. He’s the classic invade and spend and cut taxes Republican.

    Comment by Auntie Dogma — January 7, 2011 @ 3:40 pm - January 7, 2011

  3. The reason morons like Pelosi keep saying things like this, lies, is because the people live, questioning them, don’t immediately call them on their mistruths.
    Where was the media person saying…”ahemm madam, unemployment when Bush 43 left office was 7% now it is almost 10%. ahemmm madam when the socialist Dems won control of Congress, the debt was 8 trillion, 4 years later it is 14 trillion.” No one gets in these liberals faces when they lie. FOX NEWS is only one network amongst 10. It is hard to get the truth out. The four items in Obama care that the Republicans are FOR, are the four items Dems note as reasons NOT to repeal the whole thing, yet I’ve not heard one “journalist” mention that when live, questioning any of these lying, misleading Democrats.

    Comment by Gene in Pennsylvania — January 7, 2011 @ 3:54 pm - January 7, 2011

  4. Wonder what the socialists in here think of Obama bringing in another couple Clinton trolls to his “forward” looking administration. hehe
    Sperling….Daly, man.
    Could we have saved a lot of damage and time by electing
    Hillary to begin with in 2008?

    Comment by Gene in Pennsylvania — January 7, 2011 @ 3:57 pm - January 7, 2011

  5. The economy tanking is the Democrats fault? That is almost as funny as Pelosi claiming it was any of those Bush initiatives that caused the problem. The global banking crisis was caused by the banks pulling the purse strings of governments throughout the western world and getting exactly what they wanted–less oversight of their risky plans and then coverage when they blew up in their face. Domestically these manifested themselves not just as Democrat or Republican politicians being successfully lobbied and having their votes bought but both of them in collusion with the financial sector.

    The deficits can be blamed quite clearly on reckless spending during the Bush era–that includes tax cuts that even proponents at the time say aren’t effective as well as one very expensive unnecessary war. That has made our aggregate debt much larger when we needed to have a boost in spending to (successfully mind you) avoid a second global depression. However it is ridiculous to claim that Bush policies before, or Democratic policies after, created the mess. There is stink on both parties and it comes from eating the piles of dung shoveled at them by the financial services sector and their lobbyists.

    Comment by Mr. Moderate — January 7, 2011 @ 4:04 pm - January 7, 2011

  6. Um, Auntie, er, pro-Democratic Dogma, Ms. Nancy became Speaker in January 2007. Recession begin in December 2007. You reference the market meltdown in September 2008 when Ms. Nancy had been Speaker for nearly two years.

    Spending skyrocketed (from its already inflated levels under the previous Republicans Congresses) under Ms. Nancy’s 110th. And that’s when the recession began and the market melted down.

    If Ms. Nancy was so concerned with deficits & reckless spending why didn’t she act when her party took control of Congress to cut spending and so reduce the deficits. In fact, as per the above, she did quite the opposite.

    And recall, this post is about Ms. Nancy and her Democrats. Previous Republican Congresses, to be sure, didn’t do enough to hold the line on spending, but Ms. Nancy was Speaker when the economy went South. So, at minimum, she shares the blame for the downturn.

    Comment by B. Daniel Blatt — January 7, 2011 @ 4:10 pm - January 7, 2011

  7. Deficits started climbing far far before 2008 and the reason why is because neither party is serious about actually cutting the deficit. This graphic here which could be reproduced elsewhere shows the deficit for 2008 is pretty much the same as 2005 and 2006 and less than 2004. That was with the beginning of the reduced tax receipts too.

    Why is this “Ms. Nancy and her Democrats” solely? I get pointing out her ludicrous claim. I just am disappointed you decided to make an equally ludicrous one in the process.

    Comment by Mr. Moderate — January 7, 2011 @ 4:15 pm - January 7, 2011

  8. I guess the rout in November, the people are smarter than these socialists give em credit for, cause Obama and the Dems lied. We have 5 million less people employed now than when the Trillion dollar porkulus was enacted by the liberals. Failed policy. Thats why the Dems were routed in November, why the people now agree they didn’t know Obama and his socialist policies. The new Republicans will keep their promises and vote to overturn Obamacare and it’s tax increases, and will vote to cut spending by billions and billions. If Obama and the liberals Senate, are obstacles, the people will have a say in that in 2012. hehe

    Comment by Gene in Pennsylvania — January 7, 2011 @ 4:30 pm - January 7, 2011

  9. I am sooooo grateful for Miz Nancy. That woman with her lunatic-asylum demeanor and kooky verbal gymastics is truly the gift that keeps on giving. As long as she’s the leader of the Democrats in the House she’ll be front and center in daily political news. I mean, the woman still has some way to go in dragging her party down, since her approval rate is still around 15%. Keep flapping them gums of yours, Nancy. The more you talk, the more the voters remember why they don’t like you and your political party.

    Comment by Mart Martin — January 7, 2011 @ 4:47 pm - January 7, 2011

  10. Um, Nancy, if W’s policies were so bad, how come the economy didn’t go south until nearly one full year after your party took control of the House, with you as Speaker.

    Excellent point that I think should become part of Republicans REGULAR talking points. There are still an enormous number of Americans who think Republicans were in control when the economy tanked, when Democrats had controlled both houses for a full year before the recession even began and two years before the financial crisis hit.

    Second talking point Republicans should be repeating every chance they get? That it was the very election of Democrats and their promised policies of massive new taxation, massive new spending, massive new regulation that scared the crap out of the markets and CAUSED the recession to begin with.

    Comment by American Elephant — January 7, 2011 @ 4:48 pm - January 7, 2011

  11. This graphic here which could be reproduced elsewhere shows the deficit for 2008 is pretty much the same as 2005 and 2006 and less than 2004. That was with the beginning of the reduced tax receipts too.

    So with “reduced tax receipts”, the deficit managed to get smaller under Republicans — which means that spending was being cut.

    Also, and interestingly enough, “reduced tax receipts” translates to “record-high tax revenues” as early as 2006.

    And what has happened to tax revenues under the massive spending programs of the Obama Party? They have cratered.

    And of course, the reliable leftist brings out the left-wing canard.

    The global banking crisis was caused by the banks pulling the purse strings of governments throughout the western world and getting exactly what they wanted–less oversight of their risky plans and then coverage when they blew up in their face.

    Actually,”less oversight” is a misnomer; the issues came about precisely because banks were required by the Obama Party to make loans based on criteria like skin color and minority status rather than ability to pay, and Obama Party-controlled Fannie Mae was required to securitize those loans under much less stringent standards and controls due to the Obama Party’s expressed desire to “roll the dice” on housing.

    With reliable leftist “Mr. Moderate” here trying to spin for his Pelosi, we see the game afoot.

    Comment by North Dallas Thirty — January 7, 2011 @ 4:56 pm - January 7, 2011

  12. The Bush economy went south because of very specific policies… namely, the policies of Democrats.

    - Reckless increases in *domestic* spending. (Amplified by the Democratic Congress that took over in 2008. Not caused by the wars, which were necessary and just, and rather less expensive than propaganda-filled lefties generally try to claim.)
    - Reckless money-printing. (Requested, approved and endorsed by Democrats.)
    - Reckless lack of management over the Government-Sponsored Agencies, Freddie and Fannie. (Bush tried to rein them in, but was blocked mainly by Democrats in Congress.)
    - Reckless increases in government regulation. (Contrary to myth. Bush was not a de-regulator, he was a re-regulator. Google ‘Sarbanes-Oxley’, just for starters.)

    Pelosi bears a lot of responsibility for those bad policies, which she is trying to shirk. The more so because Obama, with Pelosi, has intensified those bad policies – doubling, tripling, even quadrupling them.

    As I keep saying: Bush pointed the bus off the cliff… Obama stepped on the gas pedals. All the bad moves that have created America’s economic troubles, were created in line with a Big Government, Money Printing philosophy that is most typically the philosophy of Democrats.

    Comment by ILoveCapitalism — January 7, 2011 @ 4:57 pm - January 7, 2011

  13. Mr. Moderate, The NYT graphic linked above shows estimated spending. This graphic shows actual spending with deficits beginning to decline when the Republicans controlled the White House and Congress, then increasing when the Democrats recaptured Congress in 2006.

    I don’t mean to excuse the Republicans, merely to point out that Ms. Pelosi shares the blame for accelerating deficits, a slowing economy and markets melting down

    Comment by B. Daniel Blatt — January 7, 2011 @ 4:59 pm - January 7, 2011

  14. With reliable leftist “Mr. Moderate”…

    NDT, exactly. Like the leftist he is, Mr. Moderate pretends not to be one – hoping to push his viewpoint forward, by lying about what it is.

    Comment by ILoveCapitalism — January 7, 2011 @ 5:00 pm - January 7, 2011

  15. The economy tanking is the Democrats fault?

    Very much so.

    Comment by ILoveCapitalism — January 7, 2011 @ 5:02 pm - January 7, 2011

  16. (continued) as I’ve said, it is also Bush’s fault – just to the extent that Bush stupidly went along with the Democrat viewpoint on what economic policy should be. Also, the *lack of recovery* is totally and completely the Democrats’ fault, as Obama has intensified the bad policies in question.

    Comment by ILoveCapitalism — January 7, 2011 @ 5:05 pm - January 7, 2011

  17. Today Obama said the unemployment rate was good news. +120,000 jobs. Experts say we need a monthly growth of jobs of +240,000 just to keep up with the growing population.Last month, 450,000 live bodies left the daily drugery of looking for work under this administration. Yet the Liberal President said we are doing great. No press person called him a liar and stated the obvious. The socialist liberal Democrat nightmare continues. The tea party should focus on 17 months from now, routing another 10-20 liberal Senators and 20-30 House members. And of course electing a non socialist who doesn’t lie about reality.

    Comment by Gene in Pennsylvania — January 7, 2011 @ 5:12 pm - January 7, 2011

  18. Short term memory loss? Think back to the election when McShame the Liar had to interrupt his campaign to rescue the economy. That was 2008, dude. It had been going South for quite awhile before that.

    Yes, apparently you DO have short term memory loss! Either that or you’re just another bald-faced regressive liar.

    1. Democrats took control of both houses of congress (after winning the 2006 elections, on January 4, 2007.

    2. When Republicans handed over control to Democrats, unemployment was at 4.5 percent, and the economy was growing at a robust 3.2% percent and CONTINUED growing until a YEAR AFTER Democrats took control.

    3. The recession didn’t even BEGIN until 12 months AFTER Democrats took control, promising massive new taxation, massive new regulation, massive new spending, and massive seizure of private industry and liberty, according to the NBER, the universal source for business cycle determinations.

    4. The economic crisis that you foolishly blame on McCain during the 2008 election campaign didn’t even start until TWO YEARS AFTER Democrats including Barack Obama took control of both houses of congress.

    Comment by American Elephant — January 7, 2011 @ 5:16 pm - January 7, 2011

  19. Deficits started climbing far far before 2008

    Specifically, they began climbing in 2007 when the Democrats took over Congress and in their first budget tripled the deficit compared with the previous Republican budget. Deficits in the Republican Congress had been on a steady decline.

    But I see AE has ably addressed the Democrat spin put out earlier by the leftist with the dishonest nickname.

    Comment by V the K — January 7, 2011 @ 5:42 pm - January 7, 2011

  20. You know I LOVE this site. A liberal socialist Democrat raises their head with a mouthful of lies and liberal pap and BAMM, the smart brilliant bloggers on the right smack em down and set em straight!
    Chris Matthews on MSNBC said under Obama, the next cpl years we may have to just get used to 9-10% unemployment. HUH? If a Republican was President would they get that kind of pass from the press?

    Comment by Gene in Pennsylvania — January 7, 2011 @ 5:51 pm - January 7, 2011

  21. Chris Matthews on MSNBC said under Obama, the next cpl years we may have to just get used to 9-10% unemployment.

    As I said: the lack of recovery is the fault of the Democrats.

    Recessions are normal events, people. Especially after a “false boom” induced by bad policies (I stated what they were at #12). The question is, how well we recover. Government can aid recovery, chiefly by putting its own finances on a sound basis and otherwise getting the hell out of the way. Or government can inflict further harm on the economy, as Obama/Pelosi have done.

    Comment by ILoveCapitalism — January 7, 2011 @ 6:14 pm - January 7, 2011

  22. Wait, wait, wait, wait just a minute.

    It was George W. Bush and that darn confusing and totally outdated Constitution that caused Democrats to lose in November.

    Let’s get it right!!! LOL

    Comment by NebraskaPatriot — January 7, 2011 @ 6:23 pm - January 7, 2011

  23. “She Cracked”

    http://www.youtube.com/watch?v=2kri_riVHnM&feature=related

    Comment by Sebastian Shaw — January 7, 2011 @ 7:18 pm - January 7, 2011

  24. OMG she’s an idiot!

    Comment by Leslie — January 7, 2011 @ 7:21 pm - January 7, 2011

  25. Auntie Douchebag screeched…

    piss, moan, BOOOSH…piss, moan, BOOOSH!!!!

    I see the usual insufferable twits are annoyed by we impertinent, uppity homos.

    This site was a helluva lot more entertaining before this mook decided to camp out and pounce upon just about every single article posted.

    Glad I’m in a relationship. It must really suck to have to spend all day as a troll.

    Comment by Eric Olsen — January 7, 2011 @ 8:29 pm - January 7, 2011

  26. The Modern Lovers rule(d)!

    Comment by ILoveCapitalism — January 7, 2011 @ 9:42 pm - January 7, 2011

  27. Sorry, folks, but I think we’re having the wrong argument.

    We’ve been headed for the economic cliff since, oh, about 1945 with the birth of the first boomers. The boomers (I’m ashamed to admit that I’m among that group) lit the fuse with the War on Poverty, the idea that Social Security was a pension, the 1965 immigration act and all manner of reckless social and fiscal policy.

    The alarm bells on entitlements have been ringing for years – I can remember talks of a Social Security implosion during the Reagan years but we continued to cling to the illusion that we had an endless supply of money… that we could outsource everything unpleasant (like oil, steel, timber production) while continuing to importing the world’s poor (as if we didn’t have plenty of poor already) and spending billions on missionary wars and endless bribes to various kleptocracies in the cause of “peace”.

    The idea that the retirement age should be bumped a couple years over the next 75 years was too much for us, the virtuous people, to stomach. Californians retained the same bunch that put the state into the workhouse in the first place.

    We got the politicians we voted for – pure and simple. A politician with the moxie to tell us the real, unvarnished truth (e.g. we’re broke) couldn’t get elected to dog-poop scooper.

    We have met the enemy and he is us. – Pogo

    Comment by SoCalRobert — January 7, 2011 @ 9:56 pm - January 7, 2011

  28. What’s with the Mr. Moderate Donkey Show?

    Comment by ThatGayConservative — January 7, 2011 @ 10:46 pm - January 7, 2011

  29. I’m ashamed to admit that I’m among that group

    Moxie and Pogo? Are you sure you didn’t come before the boomers? :-)

    Comment by ThatGayConservative — January 7, 2011 @ 10:48 pm - January 7, 2011

  30. That’s absolutely stupid. To suggest that the Speaker of the House can tank the economy in under two years while failing to name a specific action or policy they put in place is completely partisan insanity. The economic crisis was the result of financial deregulation and a housing bubble that had been rapidly inflating since the turn of the century. Dan would have us believe that it occurred simply by virtue of Nancy Pelosi getting elected to the House of Representatives (when Republicans still controlled the Presidency and where the Senate was effectively deadlocked.)

    Yup – that’s how things work in this country! The Speaker of the House has unilateral control of the government and can single-handedly sunder the economy in two while passing no significant legislation or policy.

    Dan, this is one of your worst posts ever.

    Comment by Levi — January 8, 2011 @ 7:09 am - January 8, 2011

  31. That’s absolutely stupid.

    I agree. The sooner Granny Rictus Botox realizes just how irrelevant she’s become, the better off we’ll all be.

    Dan, this is one of your worst posts ever.

    I’m sure he’s devastated by your rebuke.

    Comment by Eric Olsen — January 8, 2011 @ 8:06 am - January 8, 2011

  32. 3. The recession didn’t even BEGIN until 12 months AFTER Democrats took control, promising massive new taxation, massive new regulation, massive new spending, and massive seizure of private industry and liberty, according to the NBER, the universal source for business cycle determinations.

    Taxes – they’ve been cut.

    Regulations – where? What industry has been crushed by regulations?

    Spending – has helped create jobs and should have been larger.

    Seizure of private industry – delusional. Car companies were given a loan that has been almost entirely paid back, has helped keep thousands of people employed, and helped to forestall further economic havoc. The healthcare industry effectively got to write their own legislation and are posting the biggest profits they have ever had since healthcare reform was passed. This is actually a bad thing, but it is in no way accurate to say that the healthcare industry was seized by the government. (If anything, the healthcare industry has seized the government.) Industry, in general, seems to be doing very well right now. So what the hell are you talking about?

    Seizure of liberty – well, since I know you’re not referring to things like Obama’s assassination authorizations or his continuing support of Bush policies like Gitmo, because conservatives don’t care about that kind of thing, I’d like to know what you’re talking about.

    It’s all so vague. If you’re going to accuse the Democrats of destroying the economy, you ought to be able to describe the series of events that lead up to the debacle, but you’re content to just argue that Democratic control meant confidence was shattered. What really happened is blatantly obvious, an indictment of both parties, and demonstrates how beholden our government is to super-wealthy industrialists and financiers. To summarize briefly – both parties conspired, at the behest of their biggest campaign contributors, to deregulate the financial industry and stifle federal oversight. Then, the financial industry used all this money to build a housing market casino based on giving sub-prime mortgages that they pretended were absolutely 100% safe investments. This went on for years, a few people made a lot of money, until more and more people started realizing what a house of cards it all was and began calling in their bets, ultimately evaporating trillions of dollars out of the global economy.

    Now, you want to talk about business losing confidence? That will do it. We’ve had Democrats in power before that simply by virtue of taking office didn’t tank the economy. But I understand the frantic, desperate myth-making here; you’re conservatives. You’ll defend laissez faire capitalism even when it’s clearly failing and regardless of how stupid it makes you sound.

    Comment by Levi — January 8, 2011 @ 8:42 am - January 8, 2011

  33. Just for fun:

    Mr. Moderate says in #5:

    The global banking crisis was caused by the banks pulling the purse strings of governments throughout the western world and getting exactly what they wanted–less oversight of their risky plans and then coverage when they blew up in their face. And what was the underlying factor that caused the blow-up? Derivatives caused by the Freddie/Fannie mortgages for mouth-breathers program insured by the Treasury of the United States. And who was the overseer of this in the banking capitol of the United States? Tim Turbotax.

    Mr. Moderate in #7:

    Why is this “Ms. Nancy and her Democrats” solely? I get pointing out her ludicrous claim. I just am disappointed you decided to make an equally ludicrous one in the process. Afterall, Pelosi and Obama went after the deficits with a vengeance and fought the deficit tooth and nail and succeeded in not adding one thin dime to the deficit, even though Bush pulled strings from Texas and tried to make them add trillions of dollars to the deficit.

    (I have highlighted in bold the words that make Mr. Moderate so Moderate.)

    Comment by Heliotrope — January 8, 2011 @ 8:43 am - January 8, 2011

  34. Levi, go read my post. I don’t blame the crisis entirely on Ms. Pelosi, but note that it happened on her watch. If you read this blog, you’d know that I called it the Bush-Pelosi-Reid recession or some variant thereof.

    Comment by B. Daniel Blatt — January 8, 2011 @ 8:55 am - January 8, 2011

  35. [...] Um, Ms. Nancy, the Market Meltdown Happened on your Watch [...]

    Pingback by GayPatriot » In defeat Democrats & Republicans do same thing: blame Republicans — January 8, 2011 @ 9:09 am - January 8, 2011

  36. Levi, go read my post. I don’t blame the crisis entirely on Ms. Pelosi, but note that it happened on her watch. If you read this blog, you’d know that I called it the Bush-Pelosi-Reid recession or some variant thereof.

    How is it logical to single out Pelosi for a large share of the blame? What was her great contribution to the financial crisis? Specifically, what bill did she introduce as Speaker, that was signed by President Bush, in your view, resulted in the disaster? Undoubtedly, she bears more responsibility as a member of the House than someone like you or I do, but Tom Delay was the Speaker of the House and Trent Lott/Tom Daschle were Senate Majority Leader during the more relevant periods of the housing bubble – why not call it the Bush/Clinton/Delay/Lott/Daschle recession? Just because Pelosi was in charge when their bomb finally went off, she’s deserving of more blame than any of the people that were actually responsible? How does that work?

    In any event, her statement that Bush was responsible for the high unemployment seems to be something you agree with. So why are you calling her out? Because you can’t help yourself from reflexively defending Republicans?

    Comment by Levi — January 8, 2011 @ 9:54 am - January 8, 2011

  37. Regulations – where? What industry has been crushed by regulations?

    Let’s see… domestic energy exploration has been pretty much shut down due to drilling moratoriums and the cancellation of exploratory leases granted under Bush. The agricultural industry in California’s central valley has been all but destroyed by hyperzealous environmental regulation… destroying thousands of farms because junk science says an inch long fish is “endangered.” Thousands of people have been laid off because Obama nationalized the student loan industry.

    Also, one must factor in that businesses are afraid of the future regulation that’s in the pipeline: The EPA is pushing for Draconian energy regulations that will drive up energy costs further. The banking reform regulations make it harder for businesses and consumers to get credit. The Justice Department is preparing “disparate impact” lawsuits to go after employers who fail to meet their definition of racial diversity.

    Comment by V the K — January 8, 2011 @ 11:32 am - January 8, 2011

  38. Regulations – where? What industry has been crushed by regulations?

    Here’s one right off the bat.

    On Thursday night — sometime around 8 o’clock — 130 years after Thomas Edison commercialized the incandescent light bulb, Dwayne Madigan helped make the last such bulb Edison’s company, General Electric, would make in the United States.

    Madigan spent the rest of his shift at the Winchester Lamp Plant emptying chemicals out of machines and helping clean up the shop. By Friday, Madigan and all 200 plant employees were out of work. Those who would talk to a reporter on Thursday all had someone to blame.

    Dave Rusk, retiring against his will, told me his job disappeared thanks to “a push from Congress.” The 2007 energy bill included minimum efficiency standards for light bulbs – standards that the bulbs made in Winchester can’t meet.

    But we understand the frantic, desperate myth-making here, Levi; you’re a liberal. You’ll defend anti-capitalist bigotry and big government statism even when it’s clearly failing and regardless of how stupid it makes you sound.

    Comment by North Dallas Thirty — January 8, 2011 @ 11:34 am - January 8, 2011

  39. Also, the talking point that GM paid back it’s loans is an utter and complete fairy-tale, and anyone who believes it is unarguably a moron. Just like anyone who believes the Spendulus saved any jobs other than those of unionized bureaucrats.

    Comment by V the K — January 8, 2011 @ 11:36 am - January 8, 2011

  40. The agricultural industry in California’s central valley has been all but destroyed by hyperzealous environmental regulation… destroying thousands of farms because junk science says an inch long fish is “endangered.”

    And here, since the delusional Levi can’t seem to educate himself.

    Local newspapers and Fresno County officials are trying to rally Facebook users to vote for Fresno in a corporate contest sponsored by Wal-Mart for $1 million in charity food donations for the hungry. Fresno, a city of 505,000, has taken the national lead because 24.1% of Fresno’s families are going hungry.

    Civic spirit is good, but something big is wrong here. Fresno is the agricultural capital of America. More food per acre in more variety can be grown in the fertile Central Valley surrounding this community than on any other land in America — perhaps in the world.

    Yet far from being a paradise, Fresno is starting to resemble Zimbabwe or 1930s Ukraine, a victim of a famine machine that is entirely man-made, not by red communists this time, but by greens.

    But we understand the frantic, desperate myth-making here, Levi; you’re a liberal. You’ll defend anti-capitalist bigotry and big government statism even when it’s clearly failing and regardless of how stupid it makes you sound.

    Comment by North Dallas Thirty — January 8, 2011 @ 11:40 am - January 8, 2011

  41. In fairness, NDT, the idiotic incandescent light bulb ban may have been passed by a Democrat Congress, but it was the brainchild of a Republican congressman, Fred Upton (appointed by John Bonehead to chair the Energy Committee) and signed into law by a Republican president.

    I’ll give the GOP Congress props if they repeal that idiotic legislation, but with Upchuck chairing the Energy committee, it doesn’t seem likely.

    (See, unlike Levi or Mr. Moderate, I actually can and do criticize both sides. Because I’m not a partisan shill.)

    Comment by V the K — January 8, 2011 @ 11:43 am - January 8, 2011

  42. Unless the EPA’s war on civilization can be stopped, NDT, more and more of America is going to resemble California’s Central Valley.

    Comment by V the K — January 8, 2011 @ 11:45 am - January 8, 2011

  43. And now for the drilling moratorium demanded by the Obama-Pelosi Party.

    And don’t forget Pelosi and the Pelosi puppets’s stated desire and demand to nationalize the oil industry.

    Comment by North Dallas Thirty — January 8, 2011 @ 11:49 am - January 8, 2011

  44. Meanwhile, what else is Levi trying to claim? Oh right.

    To summarize briefly – both parties conspired, at the behest of their biggest campaign contributors, to deregulate the financial industry and stifle federal oversight.

    Both parties?

    The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

    Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.

    The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.

    So what were Pelosi and her puppets claiming at that time?

    Significant details must still be worked out before Congress can approve a bill. Among the groups denouncing the proposal today were the National Association of Home Builders and Congressional Democrats who fear that tighter regulation of the companies could sharply reduce their commitment to financing low-income and affordable housing.

    ”These two entities — Fannie Mae and Freddie Mac — are not facing any kind of financial crisis,” said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ”The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.”

    So why is that, Levi? That source clearly shows that the Bush administration wanted to INCREASE oversight — while the Pelosi-Obama Party, led by Pelosi and Pelosi’s puppet Barney Frank, wanted to, QUOTE, “roll the dice”.

    But we understand the frantic, desperate myth-making here, Levi; you’re a liberal. You’ll defend anti-capitalist bigotry and big government statism even when it’s clearly failing and regardless of how stupid it makes you sound.

    Comment by North Dallas Thirty — January 8, 2011 @ 11:55 am - January 8, 2011

  45. Let’s also remember, NDT, the Obamacrats specifcially excluded Fannie Maw and Freddie Mac from the “financial reform” law they passed last year. The single entity most responsible for the financial meltdown was excluded… by the Obamacrats… from the massive over-regulation enacted in response to the economic meltdown.

    But you would have to be crazy to think that financial reform was enacted primarily to punish and restrain capitalism. (/sarc)

    Comment by V the K — January 8, 2011 @ 12:01 pm - January 8, 2011

  46. #29: TGC, I was a crotchety old fart in kindergarten.

    Comment by SoCalRobert — January 8, 2011 @ 12:11 pm - January 8, 2011

  47. ( Teaming up to take out a partisan leftist hack always looks like this in my mind.)

    Comment by V the K — January 8, 2011 @ 12:11 pm - January 8, 2011

  48. (Starting at about 1:11 into that clip)

    Comment by V the K — January 8, 2011 @ 12:12 pm - January 8, 2011

  49. Liberals kill me. They think Obama and Pelosi have been such great successes. They set records in mid term losses in Congress. Obamas top choices for many cabinet and other positions in his administration are all being fired or deserting a sinking ship, but liberals just whistle and say how well things are going. hehe
    Most Americans would not re elect this mistake of a President today if given the choice. But oh oh the NEXT TWO years are going to be so different, with Obamas BBB choices for his administration.

    Comment by Gene in Pennsylvania — January 8, 2011 @ 1:22 pm - January 8, 2011

  50. If you’re going to accuse the Democrats of destroying the economy, you ought to be able to describe the series of events that lead up to the debacle,

    I just DID. But since you are obtuse to the point of retardation, I will spell it out more clearly for you.

    Taxes – they’ve been cut.

    Yes, they were cut by Republicans, but Democrarts came into office in 2006 promising to END those tax cuts, thus foisting the largest tax increase in history on the American people and on small and large businesses.

    Policy promises that people and businesses reacted to. Democrats were promising to take more money away from people and business, especially small businesses who would be hardest hit.

    Those people and businesses all HAD to protect themselves from those PROMISED policies by cutting back spending, refusing to hire, etc…. You dont go out and hire new employees when the government is promising to seize a huge chunk of what money you do have to invest.

    Likewise, people cut back their spending when they know that government is going to soon take more of their money from them.

    Economics 101.

    Regulations – where? What industry has been crushed by regulations?

    Many! Not least of which is the healthcare industry, which is why costs are skyrocketing, but remember I am talking about the policies Democrats were promising the American people they were going to enact, and which the American people and businesses had to protect themselves from.

    Democrats ran on, and promised to regulate anything and everyone who expels carbon dioxide through “Cap and Trade”, and fascist policy that would give Democrats in congress regulatory control and the authority to tax virtually everything, every product, every industry, every activity.

    And the more it looked like Barack Obama would win the presidency, the more industry, small business and individuals had to assume Democrats would make good on this fascist promise and they had to move to protect themselves, by cutting spending, halting investment, freezing hiring,etc.

    What you regressive douchebag retards dont get is that policies actually have disastrous consequences and your good intentions dont mean SQUAT, and that only ignorant idiots such as yourself actually wait for a policy to take effect before reacting to protect themselves from it.

    In addition to that, Obama was campaigning, PROMISING that his energy policies would “necessarily make energy prices skyrocket” and they already are! The average price of a gallon of gas when he took office was a dollar something, it is now over three dollars. And as always with Democrat policies, the poor and employers are hardest hit.

    And those are only some of the economy-killing regulations they promised to enact should they get elected. As we have seen they have been regulating just about everything they can get their hands on ever since.

    ALL of which people and employers have to protect themselves from by cutting back, by halting investments, by hiring freezes, etc, etc…

    policies have enormous economic consequences, and people and businesses must react to protect themselves if they are to survive.

    Spending – has helped create jobs and should have been larger.

    LOL. The American people OVERWHELMINGLY disagree. TWO THIRDS of Americans reject that laughable claim including 41 percent of Democrats! Indeed, the American people voted on that proposition last November and in the biggest electoral ass-kicking in 75 years they say it didn’t. You lose.

    Seizure of private industry – delusional. Car companies were given a loan that has been almost entirely paid back, has helped keep thousands of people employed, and helped to forestall further economic havoc.

    Fascists such as yourself do not outright seize industry, you seize CONTROL of industry through legislation and regulation, as you did with Government Motors and are STILL destroying those companies by forcing them to make heavily subsidized products that there is not significant demand for. (By the way, new study out by Oxford University shows that electric cars are actually WORSE for the environment than gas driven cars) Car companies that did not take stimulus actually did far better than companies that did.

    Other seizures? The finance industry, the entire student loan industry, The healthcare industry (in fact the very reason for skyrocketing healthcare prices has been over the years has been the steady increase in the percentage of the healthcare industry controlled by government), the offshore drilling industry, and Democrats have been trying to (and Obama plans to, though executive order) seize control of the energy industry through Cap and Trade by executive fiat, the talk radio industry via “local control and minority ownership regulations” (fascists always try to suppress all opposition as Obama has been doing from day one of his campaign), and many others.

    Seizure of liberty

    You regressives are so blitheringly stupid. EVERY SINGLE law, tax, fee, and regulation is a seizure of liberty. That is WHY conservatives believe in limited government to begin with. We understand that there are some things the federal government must do — like national defense and protecting our borders, but we understand that everything the government does, at every level takes liberty from the people– NOT just in the sense of outlawing certain behaviors, but also in the sense that every action by the government costs money, and money is nothing more than a representation of our labor in paper. Every dollar you have represents your labor, or the labor of someone else. When government takes your money they are seizing the right to the results of your labor. The more they take, the more of a slave you become.

    Democrats have outlawed my right to enter into a healthcare contract of my choosing with an insurance company, instead forcing me to buy insurance for all sorts of things I dont want insurance for (not to mention paying for progressive deadbeat parasites such as yourself) driving the costs of my healthcare through the roof to pay for able bodied lazy good for nothing 26 year old regressive children and people who can afford healthcare but would rather have cable, high speed internet, smart phones, cars, ipods, the latest fashions, and go out drinking with their buddies,

    Obama has unilaterally seized control over the people who build and deliver internet access, taking away their liberty light bulbs, toilets, cars, bars, restaurants, what we eat and drink, and on and on and on

    Democrats are seizing control of more and more and more of our free choices every single day.

    And ALL of the above is what people and businesses have been trying desperately to protect themselves from, CAUSING the recession in the first place

    and it was the recession that made people default on their home loans causing the housing collapse and the financial crisis (not to mention the fact that Democrats in Congress blocked Republican attempts to reform Fannie and Freddie over 25 times — reforms that would have prevented the crisis)

    And it is these seizures of liberty, industry and Democrats promises to keep seizing control of more and more that have made recovery from the Democrat Great Recession impossible

    Just as FDR’s regressive policies and seizures of rights, liberty, industry and property, massive regulation, taxation, price controls made recovery impossible and turned that recession into the Great Depression.

    Its why the rest of the world recovered from that recession long before America. ANd its WHY the rest of the world REJECTED Obama’s economic policies for their own countries.

    Progressives CAUSE depressions!

    Comment by American Elephant — January 8, 2011 @ 1:53 pm - January 8, 2011

  51. They think Obama and Pelosi have been such great successes.

    Actually, “think” is a misnomer. They have in fact been ordered to believe that Obama and Pelosi have been such great successes, and thus orient all of what most people would call thought processes around this.

    The enforcement? They have been drilled to believe that disagreement with Obama means you are a racist, and that disagreement with Pelosi means you are a misogynist and a Nazi.

    The Obama Party’s methodology is very straightforward: link disagreement with something hideous. Thus, if you oppose gay marriage, you want to kill all gay people. That sort of thing.

    Comment by North Dallas Thirty — January 8, 2011 @ 1:55 pm - January 8, 2011

  52. Don’t forget the Obama-Pelosi Party stating outright that their goal is to bankrupt and destroy the coal industry.

    Comment by North Dallas Thirty — January 8, 2011 @ 2:01 pm - January 8, 2011

  53. One thing that always gets overlooked in the car bailout is how the bond holders did NOT get what they were contractually promised when the bonds were purchased. This hurt people who held them–such as the Indiana Teachers’ Retirement fund.

    Comment by Louise B — January 8, 2011 @ 9:34 pm - January 8, 2011

  54. It’s always funny watching Leelie get smacked down by facts.

    Comment by The_Livewire — January 9, 2011 @ 12:23 pm - January 9, 2011

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