If this is any indication on how he would run the White House, we’re in deep trouble. He hides the truth and only reveals what he wants us to know. In spite of all the money he has spent energizing his campaign, I believe that most Americans are still on the fence, and the Dems know it. This is why their only defense is playing the race card and saying McCain would be 4 more years of Bush. The Dems are saying that if America doesn’t vote for NObama, then America is a racist country. How despicable that they should say this! The fact is that more white people are voting for NObama than black people are voting for McCain, but do you hear the Repubs crying “reverse discrimination?” Of course not! If they did, the Dems would be all over it in a minute! Why is it that only white people can be racists? There’s more to NObama than meets the eye and America will learn more trash about him as we go along.
America, Wake Up!!! The Dems are the reason we’re in the economic state we’re in! We have had to increase military spending because back during the Clinton administration, he cut military spending so severely (and boasted it as a surplus…PLEASE!) that the ships that used to refuel out at sea were forced to come into port which is the main reason why the USS Cole was bombed. Terrorists were well aware of this and took full advantage of the situation. Terrorism escalated while Clinton was in office (January 20, 1993 to January 20, 2001). It took some time for Bush to “right” the wrongs of Clinton–one of which was to increase military spending after September 11th to help keep our country safe. Bush was tested, and he did well. Say what you want about Bush, but he helped keep America safe after he cleaned up the dirt left by the Clinton administration. It was Clinton who reversed the Glass-Steagall Act that was put in place by Frankin Roosevelt instead of vetoing it. When FDR took office, both the President and Congress knew the banking crisis demanded immediate action. The result was one of the crown jewels of the New Deal: the Glass-Steagall Act, officially known as the Banking Act of 1933. Glass made sure the bill forbid banks from getting into the investment business. In addition, the bill established the Federal Deposit Insurance Company, which protects our bank deposits. Now comes Clinton on his high horse…
Clinton repealed the Glass-Steagall Act on November 12, 1999 instead of vetoing it. An important note is that my man, John McCain, did not vote for this. He knew it was wrong then and also tried to warn Congress about Fannie and Freddie a few years ago, to no avail.
Seems CNN finally got something right…
“Criticism and defense Economists Robert Ekelund and Mark Thornton have criticized the Act as contributing to the 2007 sub-prime mortgage financial crisis, arguing that while in a world regulated by a gold standard, 100% reserve banking, and no FDIC deposit insurance the Financial Services Modernization Act would have made perfect sense as a legitimate act of deregulation, under the present debt-based it amounts to corporate welfare for financial institutions and a moral hazard that will make taxpayers pay dearly.”
In response to criticism, President Clinton himself stated:
“I don’t see that signing that bill had anything to do with the current crisis. Indeed, one of the things that has helped stabilize the current situation as much as it has is the purchase of Merrill Lynch by Bank of America, which was much smoother than it would have been if I hadn’t signed that bill … On the Glass-Steagall thing, like I said, if you could demonstrate to me that it was a mistake, I’d be glad to look at the evidence.”
Hmmm…Seems to me the Dems should put their mouths where their money is…in their pockets! They’re the only ones whose pockets are plentiful…ours are empty!