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Old 10-06-2010, 11:01 AM
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Default How are the foreclosures and job losses President...

...Obama's fault?
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Old 10-06-2010, 01:31 PM
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They originally were not his fault. The housing market crash is due to government pressure that was placed on banks to lend to those who should never have been given home loans to begin with thanks to Barny Fwank and Chris Dodd. Obama is the one who promised that unemployment would not go above 8% but then we all watched as it went to almost 10% and higher in some areas of the country. Obama promised that all this stimulus money would fix the economy and it hasn't. It went to pay back Obama supporters and special interests, bail out big banks, wall street, insurance giants, car companies, etc. The average American has not benefited from all of OUR tax dollars being thrown to these irresponsible recipients of our money. Americans have looked on and voiced their concerns over the tremendous debt that Obama has put on future generations and have been ignored. Americans watched as Obamacare was shoved down our throats knowing that it was not going to lower health care costs like Obama claimed it would. Now we watch as Obama shoved through a small business stimulus package to loan small businesses money that they said they don't want. They want to know how Obamacare is going to impact their business financially and what their taxes are going to be on January 1. Why, in this economy, would a business want to increase their debt when they don't know what this administration is going to do next that will make it harder for them to run their business and survive this economy?Obama has no clue about running a business or how to stimulate the economy and create jobs and neither does anyone in his administration that he has filled with book-smart only academics. He does not understand basic principles of business or even economics 101.So, that is why most Americans are fed up with Obama, Pelosi, Biden and Reid and why their approval ratings are in the tank. They have their political agenda and don't care about the plight of the average American and they are bankrupting this country.
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Old 10-06-2010, 03:31 PM
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They are not,why are a lot of folks are saying that,well it takes the BLAME OFF THE LAST PRESIDENT AND NOW THE NEW PRESIDENT IS HIT WITH IT LIKE A TON OF STEEL. The facts are when BUSH came in he had more money than he knew what to do with.Follow the money and you will see where it went. I'm just saying Bill left a lot of CASH that if used right we would not be talking about it now.
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