Last edited by RightinNYC; 09-02-10 at 04:22 PM.
People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.
Northeast Ohio and the Columbus area tend to be more liberal. The rest are mostly conservative. This post doesn't surprise me at all. We got hit hard with job loss, we need jobs and we need them now.
Last edited by LimeLight; 09-02-10 at 04:54 PM.
I have come to believe that the whole world is an enigma, a harmless enigma that is made terrible by our own mad attempt to interpret it as though it had an underlying truth.
More Americans think Obama, Not Bush, Enacted Bank Bailouts, Poll Shows - Political Hotsheet - CBS News
Considering 50% of Americans don't even realize that it was Bush who passed and signed the Bank Bailout (and that the many Dems in the House originally voted it down along with several Republicans), then I'm not surprised by this.
The vote to release the TARP funding was pretty much along party lines, with most Democrats voting to release the funding. Below a list of the exceptions.
Nine Democrats voted NOT to relesee the funds: Bayh (IN), Cantwell (WA), Dorgan (ND), Feingold (WI), Lincoln (AR), Ben Nelson (NE), Shaheen (NH), Sanders (VT), Wyden (OR).
Six Republicans voted to release the money: Alexander (TN), Gregg (NH), Kyl (AZ), Lugar (IN), Snowe (ME), Voinovich (OH).
First Read - Breaking down the TARP vote
The Obama Deficit
treasury report along with what the CBO had to say:
So what we have here, is a bailout that seemed to work, that cost only a fraction of what the stimulus plan cost, that didn't work. The kicker is, Obama is taking credit for it.The latest estimate from the Treasury Department, released in May, is that the Troubled Asset Relief Program will cost $105 billion, and that number could shrink as banks and other TARP recipients repay the government. The nonpartisan Congressional Budget Office more recently estimated the final cost at $66 billion.
Most economists believe TARP avoided a collapse of the nation's banking system and was well worth the cost.
Herbert Allison, Treasury's assistant secretary for financial stability, said three-fourths of the money loaned to banks has been repaid.
"We think that the program certainly served its intended purpose, and at a cost and an investment of far less than anyone expected," Allison said.
Thanks for that useful post.
Last edited by Grim17; 09-02-10 at 08:32 PM.
Can anyone say buyers remorse?
I was referring to the House vote where 95 Democrats voted against it vs. 65 Republicans voting against it.That same day, the legislation for the bailout was put before the United States House of Representatives and failed 205-228, with one not voting. Democrats voted 140 to 95 in favor of the legislation, while Republicans voted 133 to 65 against it
But more to the point is that 50% of Americans are factually incorrect. I find that disturbing, because they're basing their response on something not factual.
I am reminded of the woman who started yelling at me at a bar (while rudely interrupting a conversation I was having) claiming that 9/11 happened while Clinton was in office - NOT that she blamed Clinton for not getting bin Laden or whatever - she firmly believed that Clinton was in office.
There are too many people basing their beliefs on misinformation. If the belief is still the same, fine. But at least base it on facts, not delusions or misinformation.
My apologies, but I can't help laughing my ass off. Who here remembers the 2008 election, when a lot of people were saying that was the end of the Bush era? And who also remembers the response from Republicans that year? It was pretty much this:
According to some of the same people, he is running NOW............but Bush isn't running this year.
I love politics. It produces some of the best comedy in America.
And no, Bush is not running this year.
Last edited by danarhea; 09-03-10 at 07:04 PM.
The ghost of Jack Kevorkian for President's Physician: 2016
Bush sure got his approval rating to jump up by not being in office. What does that tell me?