AmeriCAN-DO Attitude

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Continual Vigilance Against Ignorance

Great post, and comments in response to it, at This Ain’t Hell regarding the Democrats’ election strategy: Still running against Bush

Now, most people note that the Democrats are “running against Bush”. I tend to look at it a different way. They are not necessarily running against President Bush, so much as they are running a campaign based on the ignorance they assume the American electorate still suffers with regards to economic policy.

It worked for them in 2006, when our economy was humming along during one of our nation’s most prosperous times in history: low unemployment (~5%), great GDP growth and record highs on WallStreet (which helped every American’s retirement account). Despite these obvious facts, the Democrat Party and their propaganda machine in the MF-ing media worked together to sell the LIE to the American public that the economy was a disaster. They sold the lie that Fannie Mae and Freddie Mac were in no need of regulation when President Bush, Senator McCain and the GOP worked to prevent the housing collapse that eventually occurred. DEMOCRATS Chris Dodd, Barney Frank and Maxine Water were key to stopping anyone from regulating Fannie/Freddie. Yet, despite the fact that THEIR policies caused the housing crisis, they turn around and blame… President Bush and the GOP. Pathetic.

It also obviously worked for them in 2008 when they swept to HUGE majorities in both Houses of Congres and took the White House by… blaming President Bush and the GOP for “the failed policies of the last 8 years!” Um, those “failed policies” were not conservative nor capitalist policies, but socialist policies that failed. So it was not a GOP vs Democrat policy issue, but a conservative vs socialist/progressive/liberal policy issue. The dirty little secret is that there are socialists and liberals within the GOP who worked with Democrats to either enact socialist policies or give Democrats cover for their socialist policies by voting with them to make the bills seem “bipartisan”.

But, if you look back to the policies which caused our current recession/depression — see HERE, HERE & HERE — you’ll see that it was the Democrat Party’s liberal policies which caused them. Not conservative policies, not tax cuts and not capitalism failing. That last one is important to note, because the current Democrat Party — and especially Barack Obama and his cabinet and czars — is made up of anti-capitalists, socialists and Marxists. So it was key to them to sell the American electorate on the failure of capitalism, hide the fact that it was the failure of socialism and then gain power so as to enact their Marxist policies… which they knew would make things worse. But, making things better was never their intention. As Barack Obama famously said during the campaign, he was not interested in bringing in more tax revenue, he was more interested in “fairness” and “spreading the wealth around”. In other words, he was not interested in capitalism, but socialism and Marxism.

So, since this strategy worked to perfection on an ignorant, apathetic and dumbed down American electorate in 2006 and 2008, the Democrats and MF-ing media are simply sticking to the same game plan until we prove to them that we are not the apathetic, dumbed down ignoramuses they believe us to be.

On that note, it is good to see the military commenters at This Ain’t Hell take to task a currently still ignorant commenter. I hope conversations like these are happening all across the nation and people are finally getting educated and informed… and energized to vote out the socialists and Marxists in NOV 2010 and NOV 2012.

The Hill reports that Democrats have released a video in which they’re still blaming GWB for the economic problems we’re experiencing almost two years after he left office…

Despite the fact that Bush and McCain both tried to rein in FannieMae and FreddieMac, the triggers for for the housing bubble, for years before the economic crisis struck.
Don’t get me wrong – I think Democrats should run against Bush, but only because it’s losing strategy. …

Yeah, so keep it up, Democrats – it gives us a more frequent opportunity to mention whose policies were really behind current economic conditions.

Joe Says:
August 20th, 2010 at 9:49 am

So let me get this straight – on the one hand you give credit to Bush for getting us out of Iraq even though he’s been out of office for what, 19 months, but no blame for driving the country into a ditch, as the saying goes. Kind of selective memory.

You can’t turn the USS Enterprise on a dime, and you can’t turn around a totally screwed up economy that quickly either. Has Obama made mistakes – you betcha. But nothing compared to his predecessor.

Old Tanker Says:
August 20th, 2010 at 9:53 am

But nothing compared to his predecessor.

So let me get this straight, Bush told Fannie and Freddie to lend money to people that couldn’t pay it back? Franklin Raines is laughing all the way to the bank…

Joe Says:
August 20th, 2010 at 11:49 am

Where to start? Bush promoted “the ownership society” which promoted and enabled the real estate crisis. He also promoted deregulation so unscrupulous mortgage brokers could put green pea home owners into mortgages they could neither afford nor understand, without fear of getting caught. In fact one of his biggest screw ups was creating an environment where honest brokers had to face a devil’s choice – play by the rules and lose out, or bend the rules (like your competitors) and reap illicit profits. Cronyism, lack of oversight and regulation, tax cuts for the wealthy, CEO’s earning 400 times what their workers earn, a growing divide between the haves and have nots – opps, gotta run! Later

nhsparky Says:
August 20th, 2010 at 12:04 pm

Joe – was Bush responsible for the CRA? Was he responsible for ACORN and other groups suing banks for creating so-called “redline” loans? Did he sit in front of Congress and tell the American people that Freddie and Fannie are “basically sound”? …

Jonn Lilyea Says:
August 20th, 2010 at 12:13 pm

“Unscrupulous mortgage brokers” couldn’t loan to prospective homeowners without FanM/FredM backing loans with taxpayer dollars to people with a history of bailing on their obligations. Deregulation and “the ownership society” aren’t the problem here. Do you own your house, Joe? Why do you get to own your house and others don’t?

I own my house… I bought it when I could afford to pay for it. That’s not a new concept. For years I resisted the peer pressure to buy a house in favor of common sense. And there were no mortgage brokers or banks involved in my purchase… and certainly no FannieMae or FreddieMac. I don’t need the government to help me buy my chunk of America.

Old Tanker Says:
August 20th, 2010 at 12:41 pm

Deregulation of mortgage lenders? That was CRA started by Jimmeh Carter and expanded by Bill Clinton. Franklin Raines (Clinton Appointee) who headed Fannie at the time predicted all of this and advised Clinton not to. Clinton did it anyway and told Raines to get in line and shut up. Raines made over 90 million from Fannie… How did Bush have anyhting to do with that? When the Federal Regulator for Fannie testified before congress as John McCain was pushing for legislation to reign Fannie and Freddie in both “Coutrywide” Chris Dodd and Barney “Banking Queen” Frank said there’s nothing wrong here, everything is hunky dory. You can throw Maxine “Bailout my husbands bank” Waters in there as well…

Jacobite Says:
August 20th, 2010 at 12:47 pm

Blaming Bush for everything you mentioned in #7 is pure bilge my friend, and shows a remarkable lack of education on the history of American economics.

It also displays a large degree of contempt for your fellow Americans. What you have so patronizingly laid out is the idea that every ‘common man’ is capable of being coerced into debilitating debt. Simple, Unadulterated, Crap. The public largely has no one to blame but themselves.

Who is responsible for the “ownership society”? How about we start with Henry Ford in the 1920s, and the introduction of CREDIT. Either way, it’s not the Fed’s job to dictate to the “people” how they will or won’t hurt themselves. Self defense in all things begins with the SELF.

Good grief, what are the colleges teaching today anyway?

Joe Says:
August 20th, 2010 at 1:37 pm

A lot of naive, less affluent people (but many of them working stiffs nonetheless) bought into the “ownership society” hoopla. Some overreached and made mistakes. But I blame Bush and the conservative mantra for creating the climate, and the lack of oversight that made it all possible.

I can only assume that most of the contributors to this website fall into that top 5% category, since I have never heard any of you bemoan the policies that have decimated the middle class, the engine that helped create all our prosperity. And in this mortgage crisis, many of these hardworking middle class people got caught up in the storm. In addition, the middle class has been nickled and dimed from every side, thanks again to policies that favor corporations and the rich over regular people. The Bush tax cuts are but one example.

Joe Says:
August 20th, 2010 at 1:39 pm

PS – Canada has much stricter oversight and regulation of the mortgage industry, and they have not suffered nearly as badly as we have.

PintoNag Says:
August 20th, 2010 at 2:02 pm

Joe, you say ‘ownership’ like it’s a bad thing. Why the devil do you think I get up five days a week and go to work? I have bills, that’s true enough, but I also like to own things… most of which no one has ever offered to give me for free. And wouldn’t.

This country is an experiment, and was meant to be. It is an experiment in SELF-GOVERNMENT. You take responsibility for your actions or you suffer the consequences. By definition, if you attempt to protect something, you must remove its ability to self-govern. Protection is nothing more than a form of control.

The government must exercise control to a point, to help maintain order in society. The argument we have always had, are having now, and will have in the future, is this: how far can, should, and must that control go? When does maintaining good order become an exercise in negating self-government?

I submit that it has already gone too far.

Jacobite Says:
August 20th, 2010 at 2:16 pm

Did you just cut and paste that trash? It sounds like it was lifted whole cloth from some Lib talking points website.

Try again Joe, I was a 30k a year warehousing stiff for over a decade before shipping to Iraq, lost my job while I was gone because the owner of the company retired, and I started a new 30k a year career as a municipal employee after returning home in 2004. I’m still in that category. I directly benefited from the Bush tax cuts, and so did most of the middle class folks I know. I am going to be directly hurt not only by their demise, but also by all the other crap the current admin is trying to push through. Try and peddle that clap else ware.

I notice how you conveniently sidestep the fact that the play now pay later mentality began decades and decades before Bush. Nice. For the record, I’m no fan of a lot of his domestic economic policies, but that doesn’t remove the responsibility for anyone’s situation from their own shoulders. And replacing crappy policy with crappier policy as Obama is attempting, is not the way to solve the nation’s ills.

Old Tanker Says:
August 20th, 2010 at 2:36 pm

Joe,
The mortgage industry was NOT deregulated by Bush or anyone else. It was FORCED by the GOVERNMENT to make bad loans with a wink and a nod that Fannie and Freddie would have their backs. There was a Federal Regulator screaming from the rooftops about what was happening back in ‘06. Bush attempted to place more regulation on the mortgage industry and Democrats said NO and ignored the regulator. ACORN threatened to sue any lender that wasn’t making the required amount of bad loans. Your willful blindness to history is monumental…

Ritchie The Riveter Says:
August 20th, 2010 at 3:35 pm

First, note how government revenues and disposable income were increasing in 2003-2006, and that we were headed back towards a balanced budget.

There’s your “Bush economy” … even while a war was going on and with the tech bubble in our rear-view mirror. BTW, about that time he was advocating changes to tighten up the mortgage market … and was pooh-poohed by Frank, Dodd, et. al. who still had the fillibuster on their side.

Then note when employment growth flattens … around January 2007.

Could it be that, once the Dim Congress became reality, businesses woke up, realized their future was to become cash cows/social-services surrogates/scapegoats for their new Re-, er, Progressive overlords … and acted in preparation for that future by scaling back their activity, including hiring and expansion?

Could it be that it is that pullback, that started our downward slide … a pullback triggered by the mere presence of a Re-, er, Progressive-controlled Congress? Keep in mind that it is Congress, way more than the White House, who can have a profound effect upon our economy.

So the classic question is, after FOUR YEARS of Dimocrat control of Congress …

Are you better off than you were four years ago?

That … not some half-baked with half-truth ad … will determine the outcome of this election.

Ritchie The Riveter Says:
August 20th, 2010 at 11:50 pm

“But I blame Bush and the conservative mantra for creating the climate, and the lack of oversight that made it all possible.”

Mr. Bush was working to restore some of that oversight … whose restoration was needed primarily because Progressive efforts to make home ownership universal distorted the market to the point that banks could consider it financially viable to fund the irresponsible.

Let me tell you the “mantra” that REALLY caused the problem …

All you need to do is show up for work; we have experts who have the answers to your housing needs, your health care needs, your financial needs … no need to plan for your future or actively manage your career, since we can do a better job than you can; just trust us to solve those problems FOR you.

This is the implicit message from our government since FDR. I call it The Biggest Lie of All … and it has done far more damage than any “mantra” coming from Mr. Bush or his Administration.

“I can only assume that most of the contributors to this website fall into that top 5% category, since I have never heard any of you bemoan the policies that have decimated the middle class, the engine that helped create all our prosperity.”

Problem is, the producers in the middle class who create those jobs are either considered “rich”, or increased success on their part would push them into the “rich” category … and therefore become worthy of being milked as cash cows, by our government.

And in my own case, when the taxes of the rich guy who employs me and about 200 other people go up, my income goes down … for he shares a large portion of his profit with us, and the more he’s taxed, the less profit he has.

Your “progressive” taxation doesn’t differentiate between someone productive like him and a parasite like, say, Enron in their heyday … it still treats both as cash cows. regardless of the value of what each does to our society.

“And in this mortgage crisis, many of these hardworking middle class people got caught up in the storm. In addition, the middle class has been nickled and dimed from every side, thanks again to policies that favor corporations and the rich over regular people. The Bush tax cuts are but one example.”

Perhaps if they weren’t being taxed so highly at all levels of government … and they hadn’t been misled into letting the government provide “solutions” and “guarantees” FOR them … they would have weathered the storm.

You’re mired in mindless class envy … or is it that you believe you must fling anything you’ve got to smear conservatives at them, in the hopes that it will stick, discredit that worldview, and pave the way for you to practice your pet vice without risk of having your mellow harshed? You wouldn’t be the first Re-, er, Progressive I’ve found with that motive, once the rhetorical boilerplate was peeled away.

defendUSA Says:
August 21st, 2010 at 8:54 am

Ritchie-

Spot on about Joe… Class envy. We bought our first house with our VA benefits. We were making 29K in 1992. The mortgage was for 95K. We had to make sacrifices in order to make that happen. 18 years later, and having priced out of what the VA benefits gave we own a house that may soon be underwater, even though we have never missed a payment and made 60K of improvements because of that bubble created by the regs.

But I don’t blame Bush like Joe. No. I take full responsibility for not understanding some things financial and being naive that my better half would always be making the money we made. He isn’t now, but, we have still made the sacrifices necessary to be on time with the payments and eat. This is what Joe misses every time he brings up blaming Bush.

And Joe, Joe, Joe. I am hardworking, self-employed currently and I benefited from the tax cuts, too. Because I *paid* taxes!! These were not only for the “rich” as you appear to believe. Those people got caught in a storm because the lenders preyed and they bit. They bought houses that were not in any way going to be affordable and then they got what they deserved. A person making 60k shouldn’t be owning a house with a mortgage for 300k – it makes zero sense.

But what lending practices did was not verify income and ability to pay. Do you have that straight? And, now, we have people who have defaulted not once, but twice with gov’t bailouts, er, my taxpayer dollars.

And you know what is really funny, Joe? We have been unemployed 3 times in 4 years taking unemployment 1 time for 6 months, and we never missed any payments for anything. Yes. We used up every ounce of savings, and the deferred income that was for the kids college, and the retirement fund. All taxed again. Yep. And when all that was gone, well, we couldn’t get help. Because the gov’t wants me to be in default of everything before I get help. I ask you, what is rational about that?

So when I needed a student loan for the kid, I got denied because I wasn’t delinquent!! Yes that FAFSA formula doesn’t work the way it should… IMO. But I fought the basturds and won. So, at least my kid gets to make her dreams come true.

Get the fuck over yourself and your pretentious “I care for the little guy” bullshit. You’re just a whiner who doesn’t get what economics is about and you have no clue how the gov’t is working to destroy The American dream by making others dependent and helping them to forget how to dream, hope and live. Just exist. Put “Defying Hitler” on your reading list, maybe you can learn something.

UPDATE 23 AUG 2010: The military commenters at This Ain’t Hell are still combating ignorance in the comments at this post as well: Obama as Reagan. Keep up the great work, gentlemen.

The Washington Post tries to draw parallels between Reagan and Obama: [ … ]

Yeah, tax cuts and massive spending are exactly the same – especially in the effect they’ll have on the economy. Reagan let us spend our own money, Obama takes our money and directs how it’s spent. That’s the same, right?

Paul Says:
August 22nd, 2010 at 9:37 am

Yes, it’s sad when our politicians have obviously never taken an econ class. One thing both Reagan and Obama have in common though is they both like huge deficit spending.

UpNorth Says:
August 22nd, 2010 at 11:47 am

And, one important difference, Paul. Reagan’s economy created jobs, O’s has lost jobs. And will continue to lose jobs, until he’s gone.

Old Tanker Says:
August 22nd, 2010 at 2:29 pm

Paul,
Democrats over rode Reagan’s vetoes to force deficit spending after the Dems PROMISED him they would cut spending… Slight difference. I also believe this is when they introduced the concept of baseline budgeting. If an agency was expected to have a baseline increase of 7% and their budget only got increased by 6% it was called a “budget cut”

NHSparky Says:
August 22nd, 2010 at 8:48 pm

And Paul, FWIW, had Congress (and guess which party was cutting the checks back then?) simply passed Reagan’s proposed budgets without adding a whole shitload of items to it, the federal government would have been running a SURPLUS by FY1990. Look it up. And when Reagan tried to veto the spending inserted in appropriations bills, the Supremes determined a line-item veto was unconstitutional.

Context FAIL, Paul. Back to your hole.

Old Tanker Says:
August 22nd, 2010 at 9:46 pm

Hell Sparky, the Republicans even gave Bill Clinton a line item veto only to have the Supreme court overturn it…

USMC Steve Says:
August 23rd, 2010 at 10:22 am

Yeah, let us compare the two.

Reagan loved his country, Nobama hates it particularly the white part.

Reagan put together an excellent and intelligent, well versed cabinet, Nobama grabbed up a bunch of yes-man kowtowing leftists who wouldn’t know reality if it bit them on the ass.

Reagan included in his achievements the destruction of the Soviet Union and the opening up of eastern Europe, Nobama can claim socialized health care and forcing the spending of almost a trillion dollars AFTER over 70 percent of the people in this country voiced their strident opposition to it.

Reagan had a great deal of unified support in America, but Nobama has basically set race relations back 40 years, and has people at each other’s throats, no doubt in order to help fulfill his socialist agenda. You can’t force through marxism if the country isn’t totally fucked up you know.

The list could go on and on and on. Yep, lots of similarities.

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August 21, 2010 , 5:15PM - Posted by | Barack Obama, Bush Admnistration, Democrats, Economy, Liberalism, Republicans, Ronald Reagan, Socialism

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