Republicans going that extra mile to outdo Obama

someoneyouknow

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Despite a soaring stock market, despite recovering all the jobs lost, and then some, after the worst recession in 80 years caused by a Republican administration, despite the housing market once again being on the upsurge, despite all the good news, all we heard for 8 years was how bad things were. No matter that unemployment was cut in half from its peak, no matter that gas prices were essentially unchanged from the day Obama took office until he left, no matter what, everything was bad.

Things were so bad that when Republicans took control of the House they got rid of earmarks, those taxpayer funded projects for specific districts, such as the bridge to nowhere, as a way of saying, "See, this is what I've done for you". After all, with as bad as things were, with as big a deficit the nation was running and with the debt skyrocketing, something had to be done to reign in spending.

Now that they have firm control, House Republicans are about to embark on a journey to outdo Obama by, you guessed it, bringing back earmarks. Screw the deficit, screw the debt, they want to use taxpayer money to bestow their magnificence upon the masses of their districts. Just like days past in ancient Rome, no amount of money is too much to show the grandeur of what your money can buy.

http://www.cnn.com/2017/02/15/politics/house-republicans-earmarks/index.html
 
Despite a soaring stock market, despite recovering all the jobs lost, and then some, after the worst recession in 80 years caused by a Republican administration, despite the housing market once again being on the upsurge, despite all the good news, all we heard for 8 years was how bad things were. No matter that unemployment was cut in half from its peak, no matter that gas prices were essentially unchanged from the day Obama took office until he left, no matter what, everything was bad.

Things were so bad that when Republicans took control of the House they got rid of earmarks, those taxpayer funded projects for specific districts, such as the bridge to nowhere, as a way of saying, "See, this is what I've done for you". After all, with as bad as things were, with as big a deficit the nation was running and with the debt skyrocketing, something had to be done to reign in spending.

Now that they have firm control, House Republicans are about to embark on a journey to outdo Obama by, you guessed it, bringing back earmarks. Screw the deficit, screw the debt, they want to use taxpayer money to bestow their magnificence upon the masses of their districts. Just like days past in ancient Rome, no amount of money is too much to show the grandeur of what your money can buy.

http://www.cnn.com/2017/02/15/politics/house-republicans-earmarks/index.html

Why do you say this was caused by the GOP admin? :confused: Congress has more control over the day to day operation of the economy, and it was Dem. at that time, especially Chris Dodd and Barney Franks. They may have sabat0ged it to elect Obama.
 
Why do you say this was caused by the GOP admin? :confused: Congress has more control over the day to day operation of the economy, and it was Dem. at that time, especially Chris Dodd and Barney Franks. They may have sabat0ged it to elect Obama.

During the Clinton administration, Republicans pushed for and got Bill to do away with Glass-Steagal, the law which kept banks and investment houses separate.

Fast forward to the Bush administration who refused to consider any legislation put forth by Democrats to require more transparency by Wall Street regarding their final status and risks they were taking. Republicans fought tooth and nail to prevent such legislation, cowtowing to people such as Jamie Dimon and Lloyd Blankfein who whined their firms would be at a competitive disadvantage if these laws were implemented.

We all know how that ended, with Bush handing out $700 billion of taxpayer money so those two could pay out their bonuses.

Also, drop the canard of Dodd and Frank. Nowhere, in any legislation or request, did either of them say banks should robo sign mortgage applications, assign multiple mortgages to the same house or abandon due diligence as to the ability of a person to pay back a a mortgage. That was all on the banks and Wall Street firms who happily bought up those mortgages and repackaged them for investors.

You know how it's said the Cold War ended under Reagan? The recession happened under Bush. And now here we are, six years after Republicans did away with earmarks because, you know, the deficit, and they're going to bring them back because the "out of control spending" of the Obama wasn't enough for them. They're going to really show what out of control spending is.
 
CNN = Fake News, thanks for the link though.

This. I don't even know if this post is a joke or not, but once I saw "CNN," I sighed.

Please find news from anything other than CNN. I don't care if it's TYT... oh wait, they get their news from CNN, too. Okay, well anything that doesn't involve the Clinton News Network.
 
This. I don't even know if this post is a joke or not, but once I saw "CNN," I sighed.

Please find news from anything other than CNN. I don't care if it's TYT... oh wait, they get their news from CNN, too. Okay, well anything that doesn't involve the Clinton News Network.

In other words, you have no problem with the actual story of Republicans cranking up the debt and deficit but you're a pavlovian dog who regurgitates whatever Trump says.

Nice to know we can ignore anything you say.
 
This. I don't even know if this post is a joke or not, but once I saw "CNN," I sighed.

Please find news from anything other than CNN. I don't care if it's TYT... oh wait, they get their news from CNN, too. Okay, well anything that doesn't involve the Clinton News Network.

Why? If you see it on CNN, at least you know it happened. They're not Fox.
 
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