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Title: Romney: Bush Saved U.S. From Another Great Depression
Source:
RAWSTORY
URL Source: http://www.rawstory.com/rs/2012/03/ ... from-another-great-depression/
Published: Mar 21, 2012
Author: By Eric W. Dolan
Post Date: 2012-03-21 19:38:16 by Brian S
Keywords: None
Views: 1921
Comments: 3
Former Massachussets Gov. Mitt Romney said Wednesday at a town hall meeting in Maryland that George W. Bush deserved credit for preventing the United States from entering an economic depression, not President Barack Obama.
“I keep hearing the president say that he’s responsible for keeping America from going into a Great Depression,” Romney said. “No, no no. That was President George W. Bush and Hank Paulson that stepped in and kept that from happening.”
Romney has said he supported the Troubled Asset Recovery Program (TARP), the controversial $700 billion dollar bank bailout enacted in 2008 in response to the subprime mortgage crisis.
But Romney opposed Obama’s plan to bail out the auto giants General Motors and Chrysler with federal funds, a program that is credited with saving the two firms.
Obama’s economic stimulus program has become one of the most popular Republican targets since he took office.
Poster Comment:
Oh yeah, Mittens...ride THAT pony into November! {{{chuckle}}}
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#1. To: Brian S, *Ron Paul for President* (#0)
McCain should get all the credit for halting his campaign, and rushing to vote for TARP!
"We (government) need to do a lot less, a lot sooner" ~Ron Paul
Obama's watch stopped on 24 May 2008, but he's been too busy smoking crack to notice.
#2. To: hondo68 (#1)
McCain should get all the credit for halting his campaign, and rushing to vote for TARP!
I do give McCain all the credit for halting his campaign....;}
#3. To: Brian S (#0)
Wednesday, March 21, 2012
TRIVIAL CONTRADICTIONS
Mitt Romney says we should elect him president because he has run private businesses successfully. Mitt Romney also says the government should never get involved in running private businesses, such as General Motors. So he is saying that his principal claim to the presidency is his demonstrated skill at doing something that he says a president has no business doing. Of course, if he were running for the presidency of a socialist country, whose government owned the means of production, I could see some merit in his argument.Posted by Robert Paul Wolff at 12:00 PM
There is no easier time and way to gut a society's wealth then when you manage to make that society believe it's actually getting wealthier. People believe that version of the truth which makes them feel better. City councils should concern themselves with maintaining and strengthening basic infrastructure for their communities in view of the hard times ahead, like water- and sewage systems. But that's not sexy. And it wouldn't get them elected either.
Councillors like grandiose projects and big words. "We will become a sustainably (who doesn't love that empty term?) growing community focused on developing a healthy business environment and attracting new technologies and brilliant minds". That sort of thing; voters like it too. So you’ll see it everywhere around you. And you’ll get poorer just looking at it.
libertysflame.com/cgi-bin...rtNum=28205&Disp=110#C110
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