junior. I see you really like the change osama has given us. Ya gonna vote for him again??? POWDERMAN.
Obama kept us from Great Depression #2. Yes, I plan to vote for him again. I heard too many hair-raisin' Great Depression stories from my grandparents to want to experience one first hand. Replace Obama with someone like John Boehner, and we'll all have Great Depression #2 stories for our grandchildren. If we survive it, that is. . . .
All I can say to those of you who blame this current economic crisis on Obama is, You must have slept through 2008.
OH JUNIOR:
Have I gotta take you to the history woodshed again ? The great depression was not a result of Republican policies. Nearly every administration..right & left have left office with a mild or more severe recession (normal economic vicissitudes) and in most cases, within a few months it resolves itself. IT resolves itself if govt does not insert itself into the situation in a foolhardy way..spending money instead of reducing taxes.
You speak of the 'great depression'..which was a creature of Democrat design. Things did start to slip into recession under H. Hoover who was no great shakes of a pres, but he did try to initiate several actions to control the rate of recession...which the Democrat congress, in an effort to gaiin more power..dutifully shot down every effort. The recession turned into a depression under Roosevelt. FDR was elected in 1932 and kept the depression alive for 10 years...until 1942, when WW2 finally pulled us out.
The same happened after the Derms took congress in 2006. Alert minds on both sides of the aisle saw the slowdown coming. The administration tried to enact measures to correct the slippage, but as in 1932 the Dems smelled 'blood in the water'..so they rejected all the efforts by the adfministration.
This economic crisis started in the home loan industry, namely FannieMae and FreddieMac (Chris Dodd and Barney Frank in charge).
Perhaps you recall Barney saying that FannyMae and FreddieMac were on great footing for years to come.
Something tells me that Ole Barney wasn't watching FannieMae nor FreddieMac...but may instead have been watching some Freddie's fanny !
In 1932 and 2008 the Dems purposely crashed the economy...so they must learn, once Humpty-Dumpty falls, it is indeed hard to put the pieces together agaiun !
Lately the Republicans have been nothing more than right wing Democrats. The old parties will learn to be constitutional..or lose the 'whole bal of wax'.