I am going to miss Bush so much

[dragonfly]

Translated - you were better off in your working years than you are now in retirement when you are no longer producing? And your retirement investments have gone down since August?

As a machinist, who is not retired, I was better off during the administrations Crabtownboy was talking about as well. I will admit, however, that under George W. Bush I have been better off than under Reagan or Bush Sr. The best years were during Nixon, Ford, and Carter. During the Clinton years, things were pretty good as well.

 

[KenH]

This recession is owned by the Dems.

1. You are wrong.

2. That is not how most people perceive the situation...and they never will. In the history books the Republican Bush administration will always own this economic catastrophe.

3. Conservatives can continue to deny reality but it won't do them any more good than it did in the 2006 election or the 2008 election. If the Republicans had owned up to their failures then they might have had a chance of at least mitigating their huge defeats.

4. And I am not talking about this from the perspective of my personal investments having done badly, because they haven't. My IRA is way, way up this year. And my 401(k), where I have a lot less flexibility and so play it more conservatively, is up about 2% this year. I got out of stocks in my 401(k) last year a little bit before the market top. So my statements about the Bush administration's economic failures is from looking at the overall economy, not because I have done poorly personally.

 

[Revmitchell]

http://economistsview.typepad.com/economistsview/2008/10/what-caused-the.html


http://www.youtube.com/watch?v=_MGT_cSi7Rs

 

[Bob Alkire]

Sorry, but all I can give are my experiences with the economy through the passage of my years in living in it. Perhaps there are several lessons, or perhaps none..... except one thing I know: my God has promised to supply alll my needs according to his riches in glory. I've yet to learn as Paul gave encouragement to be abased and to abound..... and in everything to be content..... which means no whinning and being filled always with thanksgiving.

You hit the nail on the head. So many look to the government for their happiness.

The only thing I'll add was that the Eisenhower years wasn't great is why JFK gave the tax cut to get thing going and some say he went into Vietnam was to get job going. I guess it is the only thing I liked about JFK, off hand I can't think of any thing else.

 

[OldRegular]

As a machinist, who is not retired, I was better off during the administrations Crabtownboy was talking about as well. I will admit, however, that under George W. Bush I have been better off than under Reagan or Bush Sr. The best years were during Nixon, Ford, and Carter. During the Clinton years, things were pretty good as well.

You must have slept during the misery of the Carter years.

 

[JustChristian]

You really should stay up on the news. For the last five years, troops have been in the Middle East and Afghanistan chasing Bin Ladin, and more importantly, destroying his network. Saying that Bush has done nothing indicates that you are don't keep up on current events ... or past events for that matter.

Bin Ladin's network is everywhere and nowhere. They're like the wind. There have been cells in the middle east but also Europe (UK, Germany), the U.S., Africa.... Destroying this network isn't done by Humvees and 150,000 troops. It's done by covert activities.

 

[dragonfly]

You must have slept during the misery of the Carter years.

No, I was too busy working six days a week, operating an engine lathe to notice.

 

[Crabtownboy]

http://economistsview.typepad.com/economistsview/2008/10/what-caused-the.html

From the lead paragraph of the article:

What Caused the Financial Crisis?
An article in the NY Times, "Pressured to Take on Risk, Fannie Hit a Tipping Point," is causing many people to wonder if Fannie and Freddie caused the financial crisis.

Note and note it well, the key is the use of the word "Tipping Point." That means that this was the point at which there was enough weight that the whole think crashed. Thus, Fannie and Freddy was not the entire reason for the financial crisis as Rev. insists, but a part and the part that finally tipped the whole thing over.

In the old saying, "It was the straw that broke the camel's back." But it would not have broken if it had not been for all the other straws loading the camel down.

There is responisbility on all sides, Republican, Democrat, Businesses, Banks ... and yes the American people for their gross materialism ... and many of those Americans are Christian. Perhaps I have been wrong in saying that gluttony is Amreica's most favorite sin .... maybe it is materialism and greed. I'll have to think on that.

 

[JustChristian]

You hit the nail on the head. So many look to the government for their happiness.

The only thing I'll add was that the Eisenhower years wasn't great is why JFK gave the tax cut to get thing going and some say he went into Vietnam was to get job going. I guess it is the only thing I liked about JFK, off hand I can't think of any thing else.

The main thing I liked about JFK was his challenge to be on the moon by the end of the decade. (Of course I was an Aerospace Engineering student at the time.) I thought that challenge unified the country more yhan it has even been unified since WWII and led to tremendous scientific and engineering advances. (Economic as well.)