200 billion dollars to bail out freddie and fannie a few days ago. $65 billion more today for AIG. Stock market down 500 yesterday alone. Why cant the republicans manange the economy? Why dont they learn that government regulation is a good thing?
As the Bush economy collapses, does it make people more likely to vote for more republicans?
Tue, Apr 13, 2010
Related Financial Articles
29 Comments For This Post
Leave a Reply
- How exactly do the democrats think spending 335 million dollars for condoms will stimulate the economy?
- When the economy completely crashes will Bush be brought up on charges?
- Will history remember Republicans for not only ruining economy but standing in way of fixing it?
- Why do Democrats want to kill jobs and cripple the economy with their Cap and Trade bill?
- Do you think a massive deportation of illegal immigrants would impact the US economy ?
- When can we start blaming Comrade Obama for the bad economy, or will it always be George Bushs fault?
- Should we start to panic over the economy and recession?
- As the Bush economy collapses, does it make people more likely to vote for more republicans?
- Obama is elected and stock market has the largest 2 day drop in history. Coincidence?
- Why do conservatives only whine about the economy when a democrat is in office?
- meg: It was the bank failures that was caused by the cr...
- Ingrid: I do not believe that it will have the same effect...
- Clayton J: Industrial and Technical Economics preclude market...
- Follow Me!: Not sure. I know that dry-cleaners in central bu...
- kozzm0: Yesterday the market went up as Obama's poll numbe...
- What Kind of Exposure Should an Investor Have?
- Are Penny Stocks Right Business For Me?
- Corporate News: All About The Business
- High Impact Brochure Printing – A Must For Coffee Shops
- Are Things as Bad as They Seem?
- Wedding Invitation Cards: Elegant Matte Costume Made Wedding Invitation Cards
- Online Store: Star Now
- Carton And Graphical Grade Supplier
- Starting a Roth IRA
- Forex Cyclone – The Next Generation of Forex Robots!
April 13th, 2010 at 12:57 pm
ohh I know this one. . . . . ummm It’s congresses fault!!!
April 13th, 2010 at 12:58 pm
Voting for the captain of a sinking ship or his clone does not make a whole lot of sense.
April 13th, 2010 at 1:02 pm
Republicans have failed miserably
OBAMA 08
April 13th, 2010 at 1:41 pm
THIS IS NOT THE DOING OF THE GOVERNMENT!!!
Banks lent out money to people they should have known could not pay it back. PRIVATE SECTOR’S fault. Not the Governments fault. Sorry, you are attributing problems to the wrong source!
edit: giving me thumbs down shows your ignorance on the issue. I am not lying.
April 13th, 2010 at 1:52 pm
These folks, are sick that want McCain/Palin in office. They don’t realize it is just going to be more of the same as with the Bush Administration. Obama/Biden in 08.
April 13th, 2010 at 2:32 pm
It’s not all Bush’s fault. He doesn’t oversee every little financial corner.
April 13th, 2010 at 3:13 pm
LESS likely. We need someone who knows what they’re doing, like Obama.
April 13th, 2010 at 3:52 pm
The sky is not blue enough, all you have to do is BLAME BUSH
April 13th, 2010 at 4:28 pm
It was the democrats that went for deregulation, stock market is heading back up. Freddie and fannie were run by democrats again, clinton appointees. AIG was not a bail out it was a bridge load, there to use as needed, but must be paid back.
Get your facts straight.
April 13th, 2010 at 4:44 pm
Why change horses in the middle of a disaster!
Palin/McCain in ‘08 — Because Eight Years Of Bush Wasn’t Enough Punishment!
April 13th, 2010 at 5:33 pm
Maddy25: So instead, let’s elect a man who has basically never worked a hard day in his life, has a resume consisting of “community organizer” and “143 days of being present”. A man who clearly demonstrates the fact he has no clue how to help an economy by planning to raise taxes in a recession. Yeah great idea.
April 13th, 2010 at 5:37 pm
As McCain said not very long ago, “I’m always for less regulation,” and referred to himself as “fundamentally a deregulator. ”
the difference between these two men is like the difference between lightning and the lightning bug.
April 13th, 2010 at 5:52 pm
They don’t believe in government and have no stake in it being successul. The screw ups of the last eight years show they don’t care. If it appears that government doesn’t work, then they can convince the public that privatization is the answer – AND IT’S NOT.
April 13th, 2010 at 5:59 pm
Obama economics would be the absolute worst thing for the economy. Government regulation strangles the economy. Unless of course you are a socialist. Taking more from the productive sector of the economy to placate the non-productive is lunacy. Obama’s class warfare is not the solution. McCain’s reform approach is. But the dems would fight it tooth and nail because they do not believe in America and want to turn our country into a socialistic welfare state.
April 13th, 2010 at 6:48 pm
$14 Trillion. . . . . that’s the size of the U. S. economy. . .
$14,000,000,000,000.
YAWN
April 13th, 2010 at 6:56 pm
Republicans aren’t in control of the economy. Bush has nothing to do with corrupt mortgage lenders and other people who are throwing the economy away with the baby and the bathwater.
Obama’s tax plan is really looking hideous to some people who are losing their ass in the stock market right now. Think about that.
April 13th, 2010 at 7:09 pm
Poll sez that when asked who you would ask for counseling if you had a personal crises 60% say McCain. Less than 30% say Obama. So if it were true that it was collapsing (it isn’t) then people would logically flock to McCain.
Freddie and Fannie was a pet project of the Dems and the Democratically controlled congress (Pelosi – Reid 9% approval rating) is who controls the purse strings. Not the President.
America first! Not last!
McCain/Palin ‘08
April 13th, 2010 at 7:16 pm
This was caused by greedy bankers not Bush. I don’t like Bush myself but I wouldn’t blame this on him. I think to many people are quick to believe the bias media. There are to many people who base opinion on what they hear on TV. Educate yourselves on a topic completely before spreading your stupidity to the masses.
April 13th, 2010 at 7:49 pm
Actually the economy hasn’t collapsed yet. Its still growing at a minuscule pace. That’s why Bush and McCain can say the economy is strong without breaking a sweat. Right now consumer confidence is swaying it back and forth. With everything going on right now (2 wars,fannie may, Aig) it may become a big crash that may be remembered for decades.
April 13th, 2010 at 8:38 pm
Currently the economy is being managed by Democrats. . . or didn’t you get the memo, they control the house. . .
God that is a stupid question.
Java, I think you nailed it!
April 13th, 2010 at 9:13 pm
Any Democrat other than Obama would be up by 50 points,for obvious reasons. If We can’t get past the Black we will be quickly losing our Green, make a choice.
April 13th, 2010 at 9:19 pm
Only the Republicans who don’t really understand what’s going on and those too arrogant to admit their party has put us where we are today. BTW, the stock market still fell today, not like yesterday, but is slowly but surly, spiraling downward.
April 13th, 2010 at 10:09 pm
Lets see, the FIRED Fannie Mae CEO Jim Johnson is a LIBEARL DEMOCRAT that now works for Obama – nuf said
Fannie Mae is the biggest economic disaster in modern history, how much more poof do you need that liberals should be kept away from such things
They do a good enough job keeping our kids test scores in the toilet, while packing more profit into an Ivy League education than Exxon could ever hope for. Liberals pretty much screw up everything else they touch
McCain 08
April 13th, 2010 at 10:23 pm
The economy is not a good suite for the conservative style of governing. I have yet to figure out why in my lifetime the economy goes down hill whenever a Republican President takes office.
I agree with many of their policies but bad stuff still happens. Maybe before I die I`ll figure it out. Maybe if we have the same party in all branches of government, things would get better.
April 13th, 2010 at 11:09 pm
Since it was Clinton that put these practices in motion I guess you should blame the Democrats and Republicans. They worked on it together to pass these bills. Ceo’s and big wigs have been living it up and John McCain don’t even know how many houses he has. Obama would have helped pass them or voted present on them but he wasn’t around public office at the time. He is still a rookie. McCain or Obama to get us out of this mess? Fat chance.
April 13th, 2010 at 11:16 pm
The economy problems of today are a direct result of the actions of the Democratically-held CONGRESS!
April 13th, 2010 at 11:57 pm
Isn’t insanity when you keep doing the same thing over and over and expect different results?
It’s really discouraging to see how many really ignorant people are out there.
McSame will also run up a deficit, government will not be smaller, the economy will continue to scare away foreign investment, and if he gives tax cuts again, it’ll only be for those who could afford to pitch in some more to pay for national defense.
April 14th, 2010 at 12:06 am
It is not Bush’s economy, it is America’s economy.
Bush didn’t benefit from Freddie and Fannie that was Obambi.
But Obama is the recipient of the largest individual money, at $111,849, according to federal campaign finance reports compiled by Times researcher Maloy Moore.
“Congress: Congress has been publicly censured for Fannie’s and Freddie’s troubles–even by its own members. Sen. McCain has long derided the political strength of Fannie and Freddie as an example of “crony capitalism. ” Obama said, “Washington ignored the warning signs in the housing and financial markets. ” Cramer railed in a column this weekend, “We are at this extreme because our policymakers have simply been lazy, wrong, intransigent and foolish. If this were the private sector, all of these people would be candidates to be fired. ”
Stock market came back today and will recover.
Republicans are not the only ones to blame here. There are as many fat cat Dems who are neck deep as there are republicans.
April 14th, 2010 at 12:48 am
Only the idiots who still believe the economy is strong. Just look at the unemployment rate. It was 4. 2% when Bush took office and now it’s 6. 1% It was 7. 3% when Clinton took office and he knocked it down to 4. 2% When Bush 1 took office it was 5. 4% and rose to 7. 3% When Reagan took office it was 7. 5%, rose to 10. 8% before he knocked it down to 5. 4% 7. 9% when Carter took office, 7. 5% when he left. Could this be a indication that trickle down economics doesn’t really work after all? Seems like Clinton did a better job than all of our former Republican presidents.