When Senator Bill Frist (RTN) was head of the Senate, 20 Republican congressmen submitted a bill to regulate fannie mae and freddie mack. They signed a letter requesting the bill to move forward.
Not one democrat helped the bill, on the contrary they beat it down with lots of calls of racism and lynching and poor poor welfare folks. Barney Frank, Congresswoman Waters, Senator Chris Dodd, the failure of the fannie mae freddie mac mess lays at your feet and if you are big enough to call regulators racists for trying to regulate those lenders then you should be big enough to stop pointing fingers at the Republicans for your mess!! You are the direct cause of this fiscal irresponsibility and you should be ousted now!
The letter initially written with warnings about not regulating the lenders was written by John McCain and signed by 19 other Republican congressmen!! Did the media pick that up? Nope but it is out in public record. Obama was one who voted against the bill for regulation.
And did you all hear of Obama explaining his economic plan to a plumber? He said that his plan would "share the wealth" for those individuals "under you." Oh yes he did!! Where is the outrage? Does he not realise that is socialist and doesn't work? When you "share the wealth" with those who didn't make it and don't deserve it then you have those who are capable of making it stop. Why should I work so that the government can take my money and give it to someone who either refuses to work or isn't working? I am all about helping but it needs to be taken out of the government hands.
I suggest that if the government allowed us to keep the majority of our money instead of taxing it, the churches and synagogues would kick in and help in the area of welfare. But when government steps in, good people step out. And here is another fact, when taxes are increased, less tax money is actually collected. Too many people quit reporting or quit earning money to be taxed so less goes to the government.
And Obama knows this or else he wouldn't have suggested a hold on his increased tax plan until the economic crisis was over, and he did say that he would hold off on the tax increase until the economic crisis is over. It won't ever be over until the government stops spending our money on stupid Democrat mistakes!!