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Nancy asks…

Who is to blame for the current economic meltdown in America?

I have spoken with many economists, college professors, politicians, and citizens about the current ‘financial crisis’ in America and around the world. First off, let me say that I am a Libertarian and do not associate myself to the Democratic or Republican party at all. What amazes me is that there is a small minority of individuals who claim that globalism and one world monetary policies coming into play are the cause of this crisis. Then there are these people who actually believe that the re is no financial crisis and that it is a myth. These people claim if there was a real crisis that there would be soup lines and it would be worse than 1929. On the other side of the coin, I have spoken with many Republican individuals who believe that 9-11, Katrina, and the wall street crisis were to blame and that their party had no influence in the current outcome. Then there are the Democrats who claim that it is Bush’s fault etc…etc. Lastly there are regular people like myself who don’t even pay attention to this stuff and just try to make the best of each day of their lives.

So here is my opinion on what I believe is the absolute truth about this ‘stimulus handout’ and financial crisis. I am an average American who is an optimist and tries to find the best in everything. This is the way I see it. I have never suffered more under the Republicans. The REPUBLICANS controlled all 3 branches of government during most of Bush’s 2 terms in office. They had the White House, House of Representatives from 1994-2006, the US Senate from 2001-2006, controlled the Supreme Court, and had Majorities in the US Governorships. I have watched they(THE REPUBLICANS) try and blame this crisis on the Democrats. Bush ruined his party. He increased the federal government to record size. He came into office with a surplus, and left office with a 2 trillion dollar trade deficit, and a 7 trillion dollar national debt. It didn’t matter who the GOP nominated, after what he did anyone could have beat the GOP in 2008. So we got Obama and a ‘mandate’ for change. As a Libertarian, I am not a fan of Socialism and big government. 600,000 jobs lost in the US in January alone…the worst since 1974.(source US Dept of Labor). Where I live on the West coast, there are soup lines and 65,000 people have lost their jobs in 2009 in a city of 700,000 people. We are at 10% unemployment here! The credit crunch was caused by greedy ‘MADOFF’ type mortgage brokers and banks who loaned people money on homes they the buyer and lender could not afford! The homes here are overpriced by 150,000 dollars! People can’t sell them. Retailers are closing in record numbers. What really amazes me are the Republicans. I blame them 100 percent. It happened on their watch. They dare to lecture a new President on Fiscal Responsibility. What a laugh! They created the very mess we are in! They only care about their little kingdoms and if they get the glory or not instead of Obama. I have had it up to here with the Republicans. They are trying to crucify Obama for trying to do whats right for THE PEOPLE! Where is the accountability in all this corporate crime? Special interests, lobbyists and criminals like Madoff run this country. Its going to take a change of power in Congress to get things done and a 3rd party shift. TERM LIMITS is a good start. Thanks a lot George W. Bush. I will NEVER vote for another Republican in my lifetime. I will continue to vote 3rd party. Who do you think is to blame for this current economic meltdown that has reached global proportions? Are you angry about this unaccountability in Washington? The stuff they are doing and will continue to do, you and I would be rotting in a prison cell for. I say F the GOP and the Democrats and start looking at 3rd party people. If they are not careful, the public outrage will be so severe as they are truly fed up to their eyeballs with BS and government non performance that JESSE VENTURA just might be walking Obama out of office in 2012! Laugh now but in 3 years if things continue to nosedive, Americans just might put a former Minnessotta Governor in the White House. Now that would be REAL CHANGE WE CAN BELIEVE IN…someone who tells the truth. WOW.

answers:

The Republicans did leave their base. Spent like crazy. So spend more? I can feel the love you have for Obama, the hate you have for corporate America, the lack of understanding of business cycles. Things will change for the better regardless of Obama’s anti-business interference and he will claim credit for 4mill jobs.

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