Originally Posted by ilkhan

It wasn't just Bush's fault it was Carter's and Clinton's and the FED's for keeping interest rates to low it was incompetent banksters. It was Bush wanting everyone to think the economy was strong while he paraded around the world bombing "everyone", setting up things like NSA surveillance and the patriot act.

Now we are in for part two this is going to be were all the guns get registered and they tax us based on half ass science about "carbon footprints" and "Cow farts". Get us all working for the Government. While they spend us into a depression and they blame ALL republicans for it. Can't wait for this Volcano in Alaska to pop. It will make more Carbon Dioxide then all the Cars in the world seance 1975 I bet.

And all Obama has to do is say it was those mean ol' Republicans that messed up the country so bad, Blame them. Meanwhile he will spend us right into a depression. (personally I think Bush and company have nearly destroyed the only opposition to fast-tracking Fabian Socialism, on purpose.)

I think the Republican plan to cut 5% off the two lowest tax brackets isn't a bad thing it would probably be a good thing for the economy but I don't think it would help really. The only thing that would help is to fix the bad Mortgage backed securities. The best way to do that is for the Government (because I can't think of ANYONE else to do it) to TAKE the bad Mortgages (notice I did not say buy, they broke the toy now we have to take it away) All the bad Mortgages. Have 1 year of no payments while the Government Refinances them rebundles them minus 30-50% their original value and then resell them back on the market. These securitys are worthless no one will touch them they need to be stabalized. By reselling them on the market the Government would make 1 - 1.5 trillion dollars (educated guess) they could use to pay for all there spending without having to barrow on our heads. And nobody gets put out on the street due to forclosure.

I think Obama's plan will end up hurting the country more. This is huge government discretionary spending and once they do it it will be back every year putting us further and further in Debt. Destroying the Value of the Dollar and speeding us to economic collapes.