Aren't' you all Tired of People making

[Sebass1271]

excuses up for Bush's economic mess? I know i am. I feel fed up with some of the people that I know. and i have also been hearing this in some comentators on TV.. These people don't want to accept that the economic collapse and the failing of it has nothing to do with Bush. That "this is not about republicans or democrats", i have been called 'short sided" and "partisan" for thinking or blaming on the Bush administration what we are going through at this point in time.

Let me give you an example, I received an email from a friend offering a link where Ron Paul trashed Obama's inauguration speech; where I replied, " I don't care what Ron Paul has to say, he should get over it, his policies failed, people didn't vote for him" My friend replied that he never had a chance to show his political vies because he's not backed by the washington bureaucrats,and that his views on free market principles are "refreshing to hear given what is happening now"

I replied to my friend that "free market principles" is what got us into this mess on the first place, which he replied that "we never had a free market principle under BUSH""""!!!!!- that we had interventionist government policies.. and that Bush followed the Keynesian model of economics which was heavy on centralized government planning...and he feels that Obama will do the same thing.

in other words, it was not the responsibility of a disastrous bush administration that free marketing principles do work if you let them be..

Am I being too partisan? How come Republicans never take responsibilities of their actions and Democrats are being dumped along with their failures.

Is this a new tactic?

this was my friend's email:
__________________________________________________________________________________
"We never had a free-market under Bush. We had interventionist government policies right down to the end of his term with the bailouts. In 2001-2002, he artificially lowered interest rates to prevent a recession after the dot com bust. This made borrowing money cheap and gave way to the inflating of the housing bubble. That is plain market manipulation that follows the Keynesian model of economics, which is heavy on centralized government planning.

Unfortunately, Obama's approach to fixing the economy is also based on Keynesian economic principles. As much as I think he's a sensible person and a charismatic leader, I can't support the idea of nationalization of the banking industry, auto industry, insurance industry, mortgage industry ...and whatever else is next on that list.


Don't be short-sighted here... let's not make this an issue of democrat or republican. This is the bigger picture. Our economy and monetary policy is not safe right now. The government has been (and will continue to under Obama) undermining the principles of classical economics set forth in the Constitution, Bill of Rights, Declaration of Independence"...

_______________________________________________________


how can i respond to this? he seems convinced that these are the reasons that it has nothing to do with our government making irresponsible decisions while that government was in power...

WTF???? :shrug:

[FormerDittoHead]

1. K&R - exactly. The thing they won't admit is that we NEED the 'evil' government and its regulations

They've been feeding themselves the "deregulation is best" brand for 28 years now, and look what it got us. Sorry Mr. Kudlow, but left to its own devises, the free market kinda sucks.

[samplegirl]

2. I posted earlier today

that I am glad to hear Obama using the words inherited. Everyone on this planet knows Bush has ruined our country.

[jmg257]

3. "Regulation".

It indeed wasn't all about Bush. It is however about "free-reign".

There are some VERY greedy individuals in charge in the private sector. While over-regulation can stymie some legitimate business actions, it is obvious that under-regulation leaves the scumbags in charge with no one to answer to but themselves. And they can not be trusted. THEY are the ones who took advantage of well-intended government housing legislation in order to turn a bigger profit, make more sales, get more points, take more risks - all seemingly backed by the gov't. And at the same time many were also betting on the failure they knew was coming.

We don't need to nationalize industry/financial institutions, but we do have to keep them honest.

[mrreowwr_kittty]

4. Don't waste your time

undermining the principles of classical economics set forth in the Constitution, Bill of Rights, Declaration of Independence"...

Libertarians are the dumbest and most annoying people on the planet. I counted 3 bingo squares in your friend's rant. Here's a handy card so that you can amuse yourself:

[Sebass1271]

5. thanks.. what did my friend mean with his statement

undermining the principles of the Constitution and declaration of independence? I thought government HAD a responsibility to watch for greedy institutions and the over powering in abusing the common good...

Itsn't any of that mention in the bill of rights? declaration of independence and constituion?

[mrreowwr_kittty]

7. In the ones in his ass maybe but not in the real ones.

Always remember that Libertarians base their entire political philosophy on badly-written science fiction novels.

[chaska]

6. Tell that guy that DU says he's an idiot.