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Showing posts with the label Sucking the Money from America

Where Did the Money Go?

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As George Bush and the Secretary of Treasury continue to push for a "Bailout" they have begun to play the typical Republican language game. They have now started referring to the "Bailout" as a "rescue", as if it is not the same. Now that the vote in the House of Representatives has failed, the politicians are hitting the airwaves casting blame upon each other for the mess that we are in financially. The Republicans as usual are blaming the Clinton Administration. The Democrats are blaming the deregulation by the Republicans. Although the oversight issues and the regulatory issues are easy to see, none of them are blaming the real culprit in this financial meltdown. The Fiscal Policies of The George Bush Administration and the Iraq War are the reasons that America is in the current financial quagmire. Since the Bush Administration has come into power they have steadily guided the economy along the edge of a recession which began in the first year of the Bu...