View Single Post
Old 12-16-2009, 07:35 AM   #3
Drysdale
RSS Feed
 
Drysdale's Avatar
 
Join Date: May 2005
Posts: 20,628
Originally Posted by FafnerMorell View Post
In fairness, Bush and the Republican controlled congress period of the mid 2000s did little to help pay down the debt. There's always some excuse for the government to grow spending, and it's been easy to borrow money.

While Obama's taken it to whole new levels, eventually the piper is going to come due. Also scary is that one of the leading causes (supposedly) of the current financial crisis is the Fed Reserve leaving interest rates so low after the 2001-2002 recession - and now it's doing the same (only even more so).
Oh, I'm not giving Bush a pass. Hell, I'm not even giving Reagan a pass. But Obama and his mates make all the others look like Pikers.
__________________
"A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects."
-Robert A. Heinlein

"Thou shalt not steal. Except by majority vote." - Gary North
Drysdale is offline   Reply With Quote