XPost: alt.society.liberalism, alt.atheism, talk.politics.guns
From: lunch@nofreelunch.us
On Fri, 17 May 2013 14:49:19 -0500, RD Sandman
wrote in alt.atheism:
>Free Lunch wrote in
>news:chrcp8tagik07ttiqh3358p7v0au52bruk@4ax.com:
>
>> On Fri, 17 May 2013 12:14:13 -0500, RD Sandman
>> wrote in alt.atheism:
>>
>>>Free Lunch wrote in
>>>news:59ocp8lekgqdkorlm9lcvjgaseqsum6qrd@4ax.com:
>>>
>>>> On Fri, 17 May 2013 10:30:50 -0500, RD Sandman
>>>> wrote in alt.atheism:
>>>>
>>>>>Free Lunch wrote in
>>>>>news:vgecp89b4ct8u06mvcmhedm0ercri3b5gg@4ax.com:
>>>>>
>>>>>> On Thu, 16 May 2013 21:43:55 -0500, RD Sandman
>>>>>> wrote in alt.atheism:
>>>>>>
>>>>>>>deep wrote in news:h85bp8p08pctdpcmrnhlao2m669ocsvbi0@4ax.com:
>>>>>>>
>>>>>>>> On Thu, 16 May 2013 22:22:03 -0400, "Scout"
>>>>>>>> wrote:
>>>>>>>>
>>>>>>>>>>
>>>>>>>>>> But not to the FY2008 FY which ended 9/30/08. He took office
>>>under
>>>>>>>>>> the 2009FY budget.
>>>>>>>>>
>>>>>>>>>Oops, and I kept saying FY2008.... my mistake. Should have been
>>>2009.
>>>>>>>>>
>>>>>>>>>Still doesn't alter that Obama is responsible for a major
>>>>>>>>>portion
>>>of
>>>>>>>>>that year's deficit.
>>>>>>>>>
>>>>>>>> No, he's not. A minor portion, but he inherited the worst
>>>>>>>> recession in decades.
>>>>>>>
>>>>>>>As a result of deregulation from both sides of the aisle over two
>>>>>>>decades, failure of the dot.com industries, lack of oversight from
>>>>>>>the Democrats in 2007 and 2008, being ignored by his own party
>>>>>>>despite three attempts to get their attention and his taxcuts.
>>>>>>
>>>>>> The economic catastrophe was already baked in by the beginning of
>>>>>> 2007.
>>>>>
>>>>>As noted, it began a couple of decades ago with the start of
>>>>>weakening Glass Steagal in 1980.
>>>>>
>>>>>> The Democrats could have done nothing to stop it from happening.
>>>>>
>>>>>They voted for a lot of the deregulation.
>>>>
>>>> Before 2007, absolutely.
>>>
>>>What part of going on for a couple of decades would be prior to 2007?
>>>;)
>>>
>>>The first weakening on Glass Steagel was in 1980.
>>
>> I don't disagree with that point. I was noting that the " lack of
>> oversight from the Democrats in 2007 and 2008" was any empty
>> objection. The horse had been ridden off long before.
>
>The point there was that Chris Dodd and Barney Frank had oversight
>responsibilities for Fannie Mae and Freddie Mac as chairmen,
>respectively, of the Senate and House finance committees. Both entities
>were given clean bills of health with no problems foreseen on the horizon
>as late as July of 2008.
>
>
>>>>>Of
>>>>>> course too many Democrats are as beholden to Wall Street as the
>>>>>> GOP
>>>is,
>>>>>> so there's not much we can expect in real reform any time soon.
>>>>>
>>>>>Obama has had 5 years now.....where are we with that?
>>>>
>>>> We have a government that is going nowhere because the Republicans
>>>> refuse to govern.
>>>
>>>Hmmmm, seems Obama got his signature bill through while our economy
>>>was in collapse.
>>
>> In the first two years, some efforts were made,
>
>Not much. Most of the effort was purely directed at ACA while the Dems
>controlled the presidency and both houses of Congress.
>
>but then America's
>> voters voted for enough of the party of fools and racism to bring
>> things to a halt.
>
>IOW, you feel that everyone in the Republican party is either a fool, a
>racist or both? If that is so, there isn't much reason to continue
>discussing this with you is there.
>
The problem with today's Republican party is that it made room for the
racists and has chosen to pander to fools. There's no room for the great
Republicans of the past like Lincoln or TR. Even Ronald Reagan would be
rejected as a crazy liberal.
--- SoupGate-Win32 v1.05
* Origin: you cannot sedate... all the things you hate (1:229/2)
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