Monday, August 31, 2009


From the Right:
Thanks to this powerful visual aide my point is easily made and all can see that there is a liar in the White house. Conservatives like myself have been more than terrified at some of the promises made by President Obama while he was on the campaign trail. We continue to fear the threats he makes to diminish American freedom. But the facts are less scary because Barack is more a man of words than he is a man of action. He has done little to change the direction of this country; he has done much more to continue the failed policies of the past. It is hard to believe that Barack Hussien Obama once spoke out against controversial wire-tapping, the war in Iraq and Afghanistan, and the growing federal deficit, all things which he has officially signed off on as president of the United States of America. This man is much more than your standard political deceiver, he companied on change, and once in office he continued the failing policies of previous administrations and put an end to the ones with the potential to create better jobs and a better America. It is amusing to me that a man who promised the middle and lower class a better way of life wrote a blank check to wall street in his first hundred days.
Some may argue that the bailouts had a limit and are “well designed,” but the truth is that there is fifty seven billion or so that our good fried Tim Geithner is trying to find. And any company who stretches its economic branches into multiple areas of the economy will be considered “too big to fail” and will receive whatever help they may need when struggling. This is not bankruptcy (the more traditional way to restructure failing businesses) this is a new presidential way of dealing with failure, it bypass’s the courts and the people and allows wall street direct access to the legislative and executive branches of government. Yes, this is where the big checks are written. And they are not being written to those making less than a quarter million dollars a year. Speaking of a quarter of a million dollars I believe that is what each American currently owes toward the federal deficit if we were to pay off our debt today.
What hope and what change? That’s the question I had for those of you who struggle to access the God given lie detector built into the human sole. If you don’t trust a telemarketer or televangelist promising you the world, why would you trust a politician who promises the same things. If this is stressing you out go smoke a cigarette and remember that the only tax increase the chosen one has signed into law, was the one you paid when you bought those Cigarettes.
-LH
Ps. I hope I have not offended our smoking audience I simply wish to point out the president’s tax.

FROM THE LEFT: Look I am the first one to admit that I am no expert on the economy so I found someone who is. This economist graduated from MIT with a Ph. D and Yale University. He also received the coveted Nobel Memorial Prize in Economics. Here is what he had to say...

“So it seems that we aren’t going to have a second Great Depression after all. What saved us? The answer, basically, is Big Government….the financial panic of late 2008 was as severe in some ways, as the banking panic of the early 1930s,…even stock prices — were falling as fast as or faster than they did in 1929-30…So what saved us from a full replay of the Great Depression? The answer, almost surely, lies in the very different role played by government…All of this (stimulus) has helped support the economy in its time of need, in a way that didn’t happen back in 1930, when federal spending was a much smaller percentage of G.D.P. And yes, this means that budget deficits — which are a bad thing in normal times — are actually a good thing right now….The point is that this time, unlike in the 1930s, the government didn’t take a hands-off attitude while much of the banking system collapsed. And that’s another reason we’re not living through Great Depression II….All in all, then, the government has played a crucial stabilizing role in this economic crisis. Ronald Reagan was wrong: sometimes the private sector is the problem, and government is the solution.” Paul Krugman

-CV

From the right:

The economic bailout is just one example of the president breaking his word. During the campaign he preached against the growing deficits but as soon as he was elected, he expanded the defect at an unprecedented rate. The bailout is just one example of how the president breaks his word.

LH

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