diesel96
Well-Known Member
Might you be confusing blwback with another similar word that Bill is familiar with?
I think that was Monica Lewinsky's blowback.
You guys are right, I shouldn't have used Bill Clinton and blowback in the same sentence....
...Hope Linda Tripp isn't working for FISA operatives....lolI'm not sure how famous I am for it?
Yes I believe Clinton set the wheels in motion for the sub prime loans mess when he loosened up regulation and guidelines for it. This was one of those do good programs that was difficult to stop once the wheels got rolling on it.
Bush II and a majority Rep congress had every opportunity to apply dual spring drum ABS brakes if needed. I believe your theory is full of hot air, they could have simply pull the red and yellow brake tabs to stop those wheels moving.....(inside attempt at Feeder humor)
I can also tell you that Clinton had a nice eight years economically But Bush one handed him an economy that was growing and clinton handed bush two an economy that was in a mild recession.
He was also handed a balanced budget, a strong dollar, and no WARS.
I also believe Clinton weakened the military and intelligence agencies resulting in the event called 9/11.
Clinton cut wasteful spending militarily but still handed Bush the ability to "Shock and Awe" the enemy and the world with high tech pinpoint weapontry. As far as 9/11, our presence in the Middle East soil and our overwhelming favortism toward Israel and turning a blind eye to their every whim, movement, and occupancy of the West Bank resulted in a 9/11 attack. Not because of Clinton who dealt with a reluctant Rep congress who's also at fault for balking at capturing/killing Bin Laden.
So yes you can make a terrific argument that Bushs spending has been out of control. You can also make a terrific argument that he was handed some crappy conditions that caused some of his problems.
At the same time I believe the next president will have great economic conditions if he has the sense to not screw things up. I think the real estate market has bottomed and will be bouncing back up. Real estate and the building of new real estate drives the economy in so many ways.
Putting people back to work whether it be construction, transportation, auto, new green tech (wind, solar,nuclear,hydro,coal) etc.. and rebuild our middle class with good quality paying jobs who will eventually have spending capabilities will drive this economy most effectively and provide and avenue for more Capitalist ventures and returns. From the bottum up, not top to bottum. We've tried the trickle down way for years, and look where it got us, now, it's time for CHANGE. Aren't you getting tired of debating the same ole same ole....
LOL
