Saturday, March 28, 2009

Demo's Budget DoDo.- Blame Bush!

The Democrats are claiming that the present economic situation was inherited from the Bush Administration. Once again, they are trying to treat the American Citizens as just a bunch of foo;s! In l999, our national budget breakdown as follows: 79% was spent on entitlements, 18% on National Defense and 3% for discretionary spending. In 2004 the costs just for Medicare, Medicaid and Social Security accounted for 50% of our national budget. The Idea that President Bush is responsible for the financial crash we are now experiencing is ludicrous. It was the result of Clinton, Barney Franks and Chris Dodd, that forced our Banks to take on more and more sub prime Fannie Mae and Freddie Mac loans. Yes it was the flood of bad notes they, the banks, had to assume, that bankrupted them. Our countries financial situation, was brought about by Roosevelt's New Deal, Lydon B. Johnson's Great Society Program, the ineptitude of Presidents Carter and Clinton to run our government, responsibley, effectively, and effisentively. One can go back into the administrations of the Democratic presidents mentioned herein to find the root cause of all our financial woes of today. Only a dam fool would say otherwise!. For Obama to now cry out/claim he inherited the problems of today, because of President Bush is asinine. If so, please tell us the, American People, just what programs Bush put into place that caused the problems of today--any of them! The President can only propose a program, or a budget, it is the congress that has the statutory responsibility to to deal with them (disposes). The financial crises we are now facing occurred in the years 2007-2008, when we had and still have a Democratic Majority in both houses of our congress. Why are they not getting the blame for what is happening on their watch. "Even a child is known by his doings."Proverbs 20:11 The Messenger

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