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Originally Posted by iruinedyourday
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awesome, glad someone wants to list democratic failures! But this first one, is STILL not a failure, it keeps many people that deserve the help that they are getting, in their homes and their children fed. Did you know the LARGEST abuser of the welfare system, is conservative champion... WALLMART!.. of course you knew that, but do you care? NO because of some insane reason, likely republican payed for & run media campaigns..
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This has made it comfortable to be poor. Why should I have to work when I can get paid for being lazy and collecting a pay check from people that actually try to make a better life for themselves.
The States should take care of the unfortunate people not able to work for legitimate reasons. The burden of cost should not be on the Federal Government.
Quote:
Originally Posted by iruinedyourday
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I would like for you to explain this in moe detail, but most importantly WHY is it a failure? (I created this thread to learn)..
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DEMs fix to a hurting economy is tossing more money at it. Carter was not able to have the Federal Reserve print more bills to circulate into the economy because that would exceed the our Nations gold. The Fiat system allows the Federal Reserve to print as much money as they want.
Quote:
Originally Posted by iruinedyourday
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ok you are incorrect here, but these are ALL claims ironically used in republican attack campaigns during every election cycle, but whats so glorious abou them is they wer used in SARA PALINS eleciton cycle, so lol way to go quoting some raelly great stuff here.
The truth is the housing crisis was caused by BI PARTISAN stuff.. yes, clinton pushed for less stringent credit and downpayment requirements for working- and middle-class families.
but as damning as that is, bush equally is at fault for failing to provide needed government oversight of the increasingly dicey mortgage backed market.
but who is to blame for americans buying more than they can afford? ALAN GREENSPAN! A... you guesed it, REPUBLICAN! In 2004 it was his assurance and encouragement that americans could continue to do this, causing the bubble to reach an all time high.
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Alan Greenspan was trying his best. That housing beast was started in 1994-96 way before 2004. Everything after that was damage control. Federal reserve had already been taking a hit from thousands upon thousands of American's defaulting on the loans held by the Federal Reserve.
However, something HAS to change in our society. We need politicians held accountable. Starting with local government in your cities. We need people to want to better themselves and think outside the box. For to long millions of American's have sought and relied on the Government to fix their problems. If this continues being the norm..
The United States will be a once great Nation like Greece and Rome in the History books.