Thursday, September 25, 2008

People voted for CHANGE in 2006

Remember the election of 2006? It was only 2 years ago.
So, I Thought you might like to read the following:

A little over one year ago:
1) Consumer confidence stood at a 2 1/2 year high;
2) Regular gasoline sold for $2.19 a gallon;
3) The unemployment rate was 4.5%.
THEN..,
Since voting in a Democratic Congress in 2006 we have seen:

1) Consumer confidence plummet;

2) The cost of regular gasoline soar to over $4.00 a gallon;

3) Unemployment is up to 5% (a 10% increase);

4) American households have seen $2.3 trillion in equity value evaporate (stock and mutual fund losses);

5) Americans have seen their home equity drop by $1.2 trillion dollars;

6) 1% of American homes are in foreclosure.

America voted for CHANGE in 2006, and we got it!
What is the slogan of B. Hussein ObSama? Are we ready for more of that?

Everyone blames Bush for the present economic situation, but does anyone remember it is Congress that makes law, not the President. He has to work with what's handed to him.
Does anyone question the fact that:
a) This is an election year, and that the present crisis and the timing are perhaps a bit too coincidental?

b) Some of the people that most benefitted from the financial failure of Wall Street, Fannie and Freddie are not only DemocRats, but are presently prominently employed by Barrack's campaing (Franklin Raines who made 90 Mill in only 6 years of working for Fannie, deeply connected to past Demo administrations of Carter and Clinton, and now a prominent advisor http://en.wikipedia.org/wiki/Franklin_Raines ; Jim Johnson (now gone to prevent embarrasement), and Stanley O'Neal of the failed Merrill Lynch who left the Co. with a 150 Mill bonus!)

c) That key Democrats - among them Christopher Dodd and ObSama himself - were the biggest beneficiaries of Fanny and Freddie's largesse?

Do we really want these guys managing the economy of the US? If in the past they have so greatly profited from those who have bankrupted the country, who do we think they'll be working for, if they are the very crooks who have brought us to the brink? Should we entrust them with the management of the bailout and 700 Billion of the taxpayers money?

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